Markets
Dull is the New Good
*****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
Honey, I Shrunk the … Japanese Economy
*****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
The New FDR
*****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
The Paycheck to Paycheck Economy
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
Short-covering rally or the real deal?
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
50%+ from Treasury Bills
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
Testing 1,2,3 Testing
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
Did the Rally Start Without Me?
Yesterday I told you I was starting to see bullish signs. Stocks have been holding steady through earnings season. And that suggests that the stimulus bill and the bad… Read more
A Rally in Stocks Next Week? I’m Feeling It
I came across a good breakdown of the stimulus bill before the Senate. It’s from US News and World Report. In light of some of the reporting… Read more