“Let’s keep paying attention to bulls who finally throw in the towel. We are only at the very, very beginning of this process and it will take a year or two more to shake out the ones who are capable of…
Day by day it is becoming clearer to me that the stock market is in the last throes of the great bull market that began on March 9, 2009 – “7 Stocks Are Propping Up The Market And We’re In…
I think oil is starting to become oversold in the way the financials were a month ago: At $113 a barrel oil is down about 23% from its highs last month. The 200 DMA (Day Moving Average) is right around…
It was a truly monster day on The New York Stock Exchange. 3043 of 3434 issues advanced – a ratio of almost 9 to 1. And up volume of 1.59 billion of a total volume of 1.6475 billion means that…
On Bernanke’s re-appointment also see my “Judging Bernanke”, Top Gun FP, August 20. P.S. I don’t know what time this news broke but the front page WSJ story on it has the most typos and poor sentence constructions I’ve ever seen in…
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