The Nasdaq has pulled back about 140 points over the past 7 sessions – about 6.5%; Looking at near term support, we are about ¾s...
Read More
Another retailer bites the dust: In a widely anticipated move, Tower Records is said to be on the verge of filing for bankruptcy today....
Read More
Uh oh: a breathless business magazine cover, extolling the virtues of technology stocks, after a 57% rise? This is “Not a good...
Read More
Here’s a little tidbit worth noting: Pfizer (PFE) made a new 52 week high today, touching $38.45. Meanwhile, Microsoft (MSFT) slid...
Read More
While the big news on the music front last week was the Gabriel/Eno announcement, their celebrity may have overshadowed two other...
Read More
Finally watched the TiVo’d Louis Rukeyser’s Wall Street from a few weeks ago with former J.P. Morgan Equity Strategist Doug...
Read More
Dorsey Wright Associates has an interesting observation regarding the magazine indicator and the Donald: “Donald Trump may well be...
Read More
Last week revealed two of the sillier aspects of Wall Street’s expectations game: the obsession with parsing words and torturing data....
Read More
Money Supply has been one of the components of the massive stimulus this market has enjoyed. We see that since peaking in the 3rd Q 2003,...
Read More
Do a Google search for contrary indicators; We’re the top 4 results of about 301,000 hits. Incredible!
Read More