Microsoft Chasing Google
Fascinating discussion in the Circuits section of the NYT yesterday (Microsoft on the Trail of Google): “Despite its admirable if...
Is the Hiring Spree Over?
And now, for our latest installment of: “Surprise the Economists!” By this point, it comes as no surprise that economists...
June Payroll data: “I have some good news and some bad...
Jobless numbers came in quite light this morning at 112,000 — far below consensus estimates of 250,000. May Payrolls data was...
Mirror Image?
With the Fed meeting behind us – and a long holiday weekend ahead of us – the markets are selling off today. Its about time, in our...
Chart of the Week: S&P500 Peak after Fed Funds Low
A historical look at the average number of months it typically takes the SPX to peak from the low point in the cycle of the Fed Funds...
Fed’s Measured Moves
click for larger chart Source: NYT Two good articles on the Fed from the New York Times. Sources: Up, Yes. But How Much, How Fast? By...
Post Fed Increase Market Performance
Ned Davis Research put out a piece in December 2003 titled “FED WATCH — Much Ado About Nothing or Something?” I really...
Clarifying the ‘5% Rule’ and ‘Mirror...
I received a lot of questions recently about the same issues, mentioned both on the air and in a recent TheStreet.com column: Recapping...
Chart of the Week: Nasdaq Breaks its Downtrends
From when the Composite peaked on January 26, to the May 17 lows, the Nasdaq has been trying to fight through a stubborn downtrend line....