‘A New Kind of Workforce’ Emerges
“It’s gone on way too long to be temporary,” said John E. Silvia, chief economist of the fixed-income division of...
Payroll disappoints (again)
Source: BLS The U.S. economy added fewer jobs in January than forecast. January payroll employment rose by 112k, 36% below the consensus...
What’s an Early Look Worth?
Back on January 22, we noted several factors which were making us increasingly cautious, and released a commentary titled “Market...
Chart of the Week: Nasdaq Support
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...
Tower readies Bankruptcy filing
Another retailer bites the dust: In a widely anticipated move, Tower Records is said to be on the verge of filing for bankruptcy today....
Uh oh: Forbes Cover Screams “Tech is Back!”
Uh oh: a breathless business magazine cover, extolling the virtues of technology stocks, after a 57% rise? This is “Not a good...
Pfizer edges out Microsoft for #2
Here’s a little tidbit worth noting: Pfizer (PFE) made a new 52 week high today, touching $38.45. Meanwhile, Microsoft (MSFT) slid...
Americans Think Downloading Music is OK
While the big news on the music front last week was the Gabriel/Eno announcement, their celebrity may have overshadowed two other...
Doug Cliggot on the Market, Then and Now
Finally watched the TiVo’d Louis Rukeyser’s Wall Street from a few weeks ago with former J.P. Morgan Equity Strategist Doug...
Contrary Indicator: The Donald!
Dorsey Wright Associates has an interesting observation regarding the magazine indicator and the Donald: “Donald Trump may well be...