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A Weak Link?

Daily State of the Markets Wednesday Morning – November 18, 2009   Good morning. We’ve been yammering on for some time now about the linkage between the U.S. Dollar and the stock market. In case you...

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The Buck Stops Where?

Daily State of the Markets Tuesday Morning – November 17, 2009   Once again, it was a falling U.S. dollar that helped the stock market advance smartly yesterday. However this time around, the market had some help...

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How Low Can It Go?

Daily State of the Markets Monday Morning – November 16, 2009    Although there were some minor distractions throughout the day such as Meredith Whitney talking trash about the consumer and the UofM’s...

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Not A Bad Effort

Daily State of the Markets Wednesday Morning – November 11, 2009   Good morning. With stocks having skyrocketed on Monday in response to the G-20 saying it was okay to continue shorting the dollar; one might have...

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The Trade Lives On (For Now)

Daily State of the Markets Tuesday Morning – November 10, 2009   Good morning. The recent correction in the stock market was sponsored largely by the worry that the Fed would begin talking “exit...

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Is Bad News Good Again?

Daily State of the Markets Monday Morning – November 9, 2009   Good morning. Let’s see a show of hands if you thought Friday’s news that the Unemployment Rate jumped to 10.2% would wind up being a...

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Bulls Back on Track?

Daily State of the Markets Friday Morning – November 6, 2009   With chants of “Dow 10K… Dow 10K” once again rising from the streets at the corner of Broad and Wall yesterday, it is easy to...

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Your Kind of Day?

Daily State of the Markets Thursday Morning – November 5, 2009 Good morning. As a rule, I try not to read too terribly much into a “Fed Day” as there is usually a big batch of volatility that may or may...

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Of Banks, Bucks, and Buffett

Daily State of the Markets Tuesday Morning – November 3, 2009   Good morning. The recent wild ride on Wall Street continued yesterday as the Dow’s swing of 181 points intraday definitely kept everyone on...

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Deciphering the Dive

Daily State of the Markets Monday Morning – November 2, 2009   I received a note from a reader this weekend in which he opined, “Whenever I see the prices of the same assets valued at two different extremes...

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