We all get those unwanted emails telling us such an such a stock will triple or quintuple or even decuple so you better get in now. The company is riding the new wave of the future to massive profits. You were tempted from time...
Read MoreHere is an excerpt from this morning’s Quick Takes Pro (yes, I am peddling it. Have you taken a free trial yet?): It all boils down to “will he or won’t he?” Will there be QE3 or not? No wonder investors...
Read MoreFire and Ice You come on like a flame Then you turn a cold shoulder Fire and Ice I wanna give you my love But you’ll just take a little piece of my heart —Pat Benatar, Fire and Ice (1984) I remarked in Quick Takes...
Read MoreNow that I’ve got your attention, let me explain. The USA is still the only place I want to be. Sorry, rest of the world, I mean it. But with that said it is no wonder that the jobs data were crappy again. Don’t we...
Read MoreToday is Sunday so I think I can talk a bit about politics instead of markets. Don’t worry, I am not taking sides. While it is true the market has a monster pendulum – called fear and greed – I have seen a...
Read MoreEurope Tries To Kick The Can Down The Road But It Will Only Lead To Financial DisasterHave you heard the good news? Financial armageddon has been averted. The economic collapse in Europe has been cancelled. Everything is going...
Read MoreI am rather shocked that SCOTUS backed up POTUS on this one. Or did they? Now the individual mandate is a tax? I smell a Tea Party! But I am not well versed in the law itself – who is, right Nancy Pelosi? – so I am...
Read MoreFreddies deadThat’s what I saidLet the rap a planSaid he’d see him homeBut his hope was a ropeAnd he should’ve known – Freddie’s Dead (Curtis Mayfield -1972) Substitute Fed for Fred and you see what...
Read MoreThis is my favorite bizarre chart that lets me know not only how much volume there was on a given day but when it happened and how the day compared to other days. It is simply an hourly histogram of NYSE volume. Each bar is 60...
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