Here’s how the market sectors performed today…
Before the Open
Good morning. Happy Friday. I think today carries more weight than most summer Fridays. After pausing on Wednesday and moving up yesterday, the market needs to follow through to the upside for me to think the bulls have some fuel left in the tank. A sell-off easily sends the SPX back to the May low […]
Sector Performance (Jun 19)
Here’s how the market sectors performed today…
Barry Ritholtz discusses the bailouts in general and says the economy is still in decline
Here’s a couple videos from tech ticker featuring Barry Ritholtz, author of Bailout Nation Second-Half Recovery Is “Nonsensical”: Economy Still Descending, Ritholtz Says Bailout Nation: Was TARP Just a Ruse to Protect Citigroup? Mirror Image: Star Trek and Lessons of the Detroit Bailouts
Charles Biderman, CEO of Trim Tabs says insiders are selling and the economy is not bottoming
Here’s a couple videos from tech ticker featuring Charles Biderman, CEO of TrimTabs. Liz Ann Sonders Is Wrong: U.S. Economy Not Bottoming, TrimTabs’ Biderman Says “Massive Insider Selling”: Pure Supply and Demand Makes a Bears’ Case Individual Investors Not Fueling Recent Rally, Expert Says
Jeff Matthews talks about regulation, housing and hedge funds
Here’s a couple videos from tech ticker featuring Jeff Matthews, founder of Ram Partners. Lack of Regulation Didn’t Cause the Crisis and More Rules Won’t Prevent the Next One Hedge Funds Rise from the Ashes — At Least for a Few Months Housing Is Recovering, Fast, Jeff Matthews Says Too Much Optimism Bites the Bulls: […]
Liz Ann Sonders says the recession is over
Here’s a couple videos from tech ticker featuring Liz Ann Sonders of Charles Schwab. The Recession Is Over, Schwab’s Sonders Says Setback “Necessary” But Sidelined Cash Should Put Floor Under Stocks, Sonders Says “Herculean Effort” by U.S. Consumers Only Making Small Dent in Debt Mountain
Before the Open
Good morning. Happy Thursday. It looks like the market will get off to an uneventful start. Asia/Pacific closed mostly down and Europe currently leans to the downside. The long term trends remain down (the bounce off the March low has always been a bounce within a downtrend – albeit a big bounce). The intermediate term […]
Sector Performance (Jun 18)
Here’s how the market sectors performed today…
Before the Open
Good morning. Happy Wednesday. For the second consecutive day the market put in a decent sized red candle (market opens near the high and closes near the low). Each time this has happened since the March low, the bulls have stepped up and defended their turf, but this time is a little different because the […]