One day does not a rally make
A few thoughts to add to a Bearish colleague (Guy Lerner) said about today’s weak volume: I thought the Internals were powerful,...
Astonishing New Discovery!
I’m listening to CNBC’s discussion of today’s sell off, and I am astonished to learn that there is Inflation and a...
PPI and Market Performance
Another timely and relevant observation from Chart of the Day: On Tuesday, the producer-price index (PPI) for finished goods...
Understanding The “Kitchen Sink Economy”
To figure out where you are going, it sometimes helps to know where you have been. This is one of those times. The last Bull Market began...
Chart of the Week: NYSE Member Firms’ Client Margin
e last addressed Margin debt back in September 2003. At that time, we noted that margin was only modest, and represented little danger to...
Margin Calls and Behavior Shift
Aaron Task mentions a fund manager who stated that Margin calls — which we have seen recently — are the end of the sell off....
Mystery of the Awful Economists (Part III)
Last week, we observed that the WSJ was also wondering about the Dismal set (The Mystery of the Awful Economists, part 2). The Journal...
Confirmation Day? No
A few people asked if yesterday’s reversal counts as the previously discussed Confirmation Day. The short answer is no: It requires...
New Column up at Real Money (04/11/05)
. My latest Street.com column, "Don’t Look for a Bottom Just Yet" is up at RM. It is loosely based upon Bottom...