Since the May swoon the market has been in a violent pattern of indecision. While the trend has had an upward bias since early June, there has ...Read more Comments Off on Lucy or Charlie Brown?
This morning futures are up for (insert reason here). The story of the day is a German investor confidence report but if that's the main cause, it ...Read more Comments Off on Potential Bear Flag Forming
The Economist says "China’s GDP, measured in nominal dollars, will be the world’s largest by 2018". Michael Pettis at China Financial Markets disagrees and says I would like ...Read more Comments Off on The Dating Game: Michael Pettis Challenges The Economist to a Bet on China
Looks like we are going to see the market's first significant gap down of the year this morning – no specific reason, it is just "due". There have ...Read more Comments Off on Lazlo Birinyi – Uber Bull Calls for S&P 1700 this Year
The resilience of the market to the upside remains quite remarkable. Despite poor breadth yesterday and abysmal volume, they were able to push the index up to near ...Read more Comments Off on Sticky to the Upside
Since the 2012 Outlooks have now slowed to a drip, its appears retrospectives are the stocking-filler of choice for the week. Goldman's economist group reflects on their '10 ...Read more Comments Off on Goldman's Economists Score 7 Out Of 10 For 2011 (Retrospective)
As usual some highly pragmatic observations on the roller coaster stock market from the Fermentation Committee chairman. Via UBS Whew! Got Any Dramamine? - In yesterday’s Stealth Stocks ...Read more Comments Off on Art Cashin Talks Market Dramamine
My notes below are somewhat cryptic as I am about to leave for abroad. However, the graphs should provide some food for thought regarding the short-term outlook for ...Read more Comments Off on U.S. Equities – Downtrend Arrested?
Some interesting graphs from Mother Jones, as the world gets peeved at "the 1%". As for myself, I hope most of my readers are in the top 1% ...Read more Comments Off on Who are the Top 1%?