Even Wal-Mart is Having Trouble

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Last week’s better-than-expected payroll data is being offset by new jobless claims today. 558,000 people filed new claims for unemployment benefits. That was more than the median estimate of… Read more

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Interest Rates and Inflation

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The next 12 months look great. Economists are now raising their GDP expectations for the U.S. economy to a minimum of 2% growth for the next four quarters. That’s… Read more

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Analyst Downgrades Drag Down Stocks

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Have you noticed that analysts are starting to downgrade stocks? Sprint Nextel (NYSE:S), Yum Brands (NYSE:YUM), PETsMART (Nasdaq:PETM), MBIA (NYSE:MBI) and Aegon (NYSE:AEG) were all marked down by analysts… Read more

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Is There Evidence That We’ve Passed the Bottom?

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Nobel Prize winning economist Paul Krugman thinks August is the trough month for the U.S. economy. And yes, he is reading a lot into the improved unemployment numbers from… Read more

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Unemployment Numbers Boost Friday’s Trading

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The unemployment rate…fell? 247,000 people lost their job in July and that was enough to push the jobless rate down to 9.4% from 9.5%. 
July was a lot better than… Read more

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Cisco to Investors: Let’s Not Get Ahead of Ourselves

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Yesterday, the Challenger jobs report showed more jobs were lost in July than expected. It wasn’t a big miss, but it was a miss. And after buyers stepped in… Read more

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Where is the Downside in the Market?

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Stocks rallied out of the hole yesterday, as expected. It should be clear now that government intervention in the financial markets is supporting asset prices across the board. That… Read more

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Is the Only Way to Make Money to Earn It?

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Oil prices are slightly lower this morning. That should mean stocks will trade lower today as well. And while many are saying the fundamentals of this economic recovery do… Read more

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Is the Rally True? Does It Matter?

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Stocks look poised to continue moving higher. Our leading indicator for investor expectations, oil prices, is up over $70 a barrel.
Despite the still-compelling argument that the economy is staging… Read more

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