The Fed’s “2 for 1” Sale
All Hell broke loose yesterday when Fed Chief Alan Greenspan decided to replace the two most beautiful words ever whispered into a bond...
Chart of the Week: 6 Month SPX chart
On a short-term basis, the S&P 500 broke a trading channel and with short-term momentum weakening there is some near-term risk to...
Apolitical Fed ?
click for a much larger pop up chart Interesting Fed piece out yesterday from the NYT before the rate announcement. (I wonder how many...
Economists Wanted
In celebration (if thats the right word) of today’s Fed announcement (2:15pm EST), I thought I would share this puff piece found in...
Best Buy Keeps Up the Heat on CD Price Competition
More evidence of price competition, as Best Buy maintains price pressure. From this past weekend’s circular: CD Sale: $9.99 or less...
Musicians Looking To Let Internet Replace Record Cos
Graphic: Peter Gabriel’s Real World At least, that’s the headline which Dow Jones ran for this story. Most everyone else who...
A “Considerable Period?”
What exactly is a “considerable period” of time? That seems to be the issue challenging so many on Wall Street this week. The correct...
Chart of the Day: Nasdaq Near Term Overbought
The Nasdaq break out over the ascending triangle is a longer term Bullish sign. Short term, the Nasdaq appears to be over extended. Look...
Music Royalties Rise, Even as CD Sales Fall
“Despite the travails of the music industry, with CD sales still slumping and record executives still suing suspected Internet...
Iowa and Prediction Markets
Markets are not God. To many people, this statement is a form of economic blasphemy. I suggest those people should get over it. In the...