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...
Parsed Words & Tortured Data
Last week revealed two of the sillier aspects of Wall Street’s expectations game: the obsession with parsing words and torturing data....
Chart of the Week: Money Supply
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,...
Contrary Indicators
Do a Google search for contrary indicators; We’re the top 4 results of about 301,000 hits. Incredible!
4th Q GDP: Strong & Disappointing
click for full size chart Source: NYT A perfect example of why expectations matter, and what happens when they get ahead of themselves....
China Feeds the Beast: the U.S. Appetite for Cheap Goods and...
In case you missed it, there was a fascinating (and long) piece in Friday’s WSJ: “As China Surges, It Also Proves A Buttress...
Why the unemployment rate is really higher than it looks
Huzzah! I am an emerging blogger. Dan Gross’ Moneybox column in Slate gives big ups to the Big Picture. Dan referred to our clear...