Fat Cat Bankers

| Leave a Comment

"I did not run for office to be helping out a bunch of fat cat bankers on Wall Street.”
That’s what President Obama told 60 Minutes Read more

Read more

1.3% for U.S.

| Leave a Comment

Retail sales rose by 1.3% in November. That was better than expected and makes for a solid counterpoint to the disappointment from Black Friday sales numbers. Auto… Read more

Read more

Support and Resistance

| Leave a Comment

To kick things off today, I’m going to borrow from Jason Cimpl’s morning message to his TradeMaster Daily Stock Alerts readers:
Yesterday [Wednesday] was a… Read more

Read more

Where There’s Smoke…

| Leave a Comment

According to Bloomberg, Greece’s finance minister said there was "absolutely’ no chance that Greece would default. Do you believe him? Because the fact is, we heard exactly… Read more

Read more

Sovereign Wealth Funds Get Wealthier

| Leave a Comment

Germany reported a drop in industrial production for October. Greece and Ireland both received downgrades on their debt. Economic growth in Europe is not strong…. Read more

Read more

Taking Profits

| Leave a Comment

The Dow Industrials continues to struggle with resistance at 10,500. Every time it peeks above that level, the sellers step in. Friday was a great example. Stocks… Read more

Read more

Fed Funds Futures

| Leave a Comment

Fed Chief Bernanke has been adamant that rates will stay low for a while. But that doesn’t mean forever. And we know he’s already testing the waters… Read more

Read more

Why Deutsche Bank is Wrong About Oil

| Leave a Comment

*****Deutsche Bank is out with its oil forecast for 2010. It believes reduced demand will keep oil prices at an average of $65 a barrel in 2010…. Read more

Read more

Dow Struggles at 10,500

| Leave a Comment

One pillar of hope for the U.S. economy continues to deteriorate. Early estimates are that 169,00 jobs were lost last month (I assume this is a net… Read more

Read more