Market’s Back-to-Back Streak
Well, the Christmas Rally we discussed on Monday and Tuesday has finally arrived. Indeed, like the NY Knicks, the Markets have finally...
Citibank Receives Emergency Cash Injection
Abu Dhabi to the Rescue! Late last night, the WSJ reported Citigroup will receive a $7.5B cash infusion from the governmental investment...
S&P500 = 1 week, 1 month and 3 month lows
Friday’s low-volume, rookies-manning-the-terminals jamjob has now been undone. The S&P 500 took out last week’s lows,...
Quote of the Day: Dow Theory
“People don’t understand the significance of the ‘bear market signal’ of November 21. I stated on Wednesday’s site...
Black Friday’s Upside Surprise
Following Friday’s buying stampede — in both stores and equity markets — there will be a tendency to discount the bad...
SPX: Flat for the Year
Congratulations! Your investment returns Year-to-date are = 0.00% Be sure to thank your friendly "Fed-Model-says-stocks-are-cheap /...
The Panic of 1907 (Book Excerpt)
Time for another book excerpt: I previously mentioned The Panic of 1907: Lessons Learned from the Market’s Perfect Storm by Robert...
Quote of the Day: GS & WMT
From market curmudgeon Bill King, who tells it like it is: "Ironically, or rather idiotically, traders poured into stocks on...
Screamer! Open Thread
Wow! That was one helluva day: DJIA: 13,307.09 up 319.54 for 2.46%Nasdaq: 2,673.65 up 89.52 for...
Lessons From Stock Market Wizards
One of the first books I read in this business oh-so many years ago was Stock Market Wizards. It had a profound impact on my thinking...