Rant of the Year, Part II

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After last week’s declines, stocks look set to move higher. Is bouncing off lows a rally? Not really. You need a little optimism to call it a rally. A… Read more

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Whitney Speaks Again

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More depressing forecasts for the big banks from the best big bank analyst out there, Meredith Whitney. You may recall it was Whitney who forecast the dividend cut at… Read more

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Dull is the New Good

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*****They say never sell a dull market. And it’s hard to imagine a duller day than Wednesday. The Dow Industrials added 3 points. The S&P 500 lost 2 points…. Read more

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Honey, I Shrunk the … Japanese Economy

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*****At first glance, it might look as though the stocks market voiced its opinion of Obama’s stimulus bill with a big thumbs down on Tuesday. But the more immediate… Read more

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The New FDR

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*****Apparently we’ll hear more about the bank bailout plan over the next couple of days; In the meantime, President Obama will sign his massive tax and spending bill into… Read more

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The Paycheck to Paycheck Economy

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Oil held steady on Monday. So did stock prices. Whether we actually get a rally, it’s clear that the market is waiting for the Senate to pass the stimulus… Read more

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Short-covering rally or the real deal?

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So, on Friday I made the rally call. The Dow Industrials were up 217 points. Now, after a conversation with TradeMaster strategist Jason Cimpl, I’m a little nervous about stocks… Read more

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50%+ from Treasury Bills

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The headline at Bloomberg reads “Stocks in U.S. Climb on Speculation Job Losses to Spur Action on Stimulus”. Apparently, the employment news is so bad that it’s actually good… Read more

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Testing 1,2,3 Testing

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Stocks gave up their early gains yesterday. As I’ve been saying, I don’t think we see much upside until earnings season is closer to the finish line. It looks… Read more

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