Sentiment quote of the day
Ma and Pa are not the first stage or even boosters of a bull move–more like the thrusters when this thing is already in orbit. – ewave@cox.net (why doesn’t everyone attach their names to their email...
Read MoreMa and Pa are not the first stage or even boosters of a bull move–more like the thrusters when this thing is already in orbit. – ewave@cox.net (why doesn’t everyone attach their names to their email...
Read MoreJohn Hussman’s view: Presently, our valuations measures suggest clear overvaluation (our estimated 10-year total return for the S&P 500, based on a variety of models including the operating earnings model presented a...
Read MoreIf you think the stock market is rigged here are a few charts to stoke your fires:Arena Pharma – This sector is always jumping on news or lack thereof. This one had FDA stuff pending and then it was not granted....
Read More…And away we go! Jackie Gleason’s tag line applies to the mood on Wall Street today. After a breakout and test, the S&P 500 is back in rally mode, at least as of 11am NYT Friday. Why? Not durables goods orders...
Read MoreMy Monday Barron’s Online column is at the top of both the most read and most emailed lists for the day at the Barrons.com site and I wonder it if was the title that drew in so many people. As it reads now – with...
Read MoreThe market thumbed its nose at the housing data this morning but the real fun happened after the Fed said it was ready to do more to get the economy moving. How buying bonds creates jobs is above my little technical...
Read MoreOnce again, the Dow scooted up triple digits on Monday and just as it was showing its lactic acid NBER declared that the recession ended in June. Nothing like driving while looking in the rear view mirror. Timed with this...
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