California To Cut 20,000 State Jobs, Trump Entertainment Files For Bankruptcy

Market Commentary

ByGreg Feirman February 17, 2009 Reading Time: 1 minute

Robert Reich: Why The Dow Is Hitting 10,000 As Regular Folks Lose Their Jobs
September 23, 2009 Reading Time: 3 minutes

Great post by Robert Reich on what’s going on: So how can the Dow Jones Industrial Average be flirting with 10,000 when consumers, who make up 70 percent of the economy, have had to cut way back on buying because…

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Individual Investors Have No Clue What To Make Of This Market
September 18, 2009 Reading Time: 2 minutes

I’m scared, I’m scared, I’m scared. Why are we up, especially with unemployment as high as it is? I don’t feel great because I worry that we could have a 500 or 600 point drop in a day and I…

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Okay, That’s Enough Rallying For Now
June 15, 2007 Reading Time: 3 minutes

“The [consumer price index] is what spurred this rally. We lost a lot of the gains [to record highs] and now we’re getting them back.” – Jim Herrick (subscription required), Head Trader, Robert W. Baird So the Consumer Price Index (CPI)…

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The Fed’s Tough Decision, ORCL & KR Earnings Preview, The Antitrust Case On The KR-ACI Merger
September 9, 2024 Reading Time: 6 minutes

Technicals: The S&P closed last week at 5,408 – just above 5,400 which is an important level because the S&P has spent so little time below it in the last three months. In other words, below that level almost everyone…

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Top Gun FP Client Note: The Bull Market Is Over – But S&P Downgrade Should Mark An Intermediate Bottom
August 15, 2011 Reading Time: 5 minutes

NOTE: Every week or two I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive it at the same time as my clients. You can sign up at the top…

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Will The Fed Overshoot?
September 8, 2022 Reading Time: 3 minutes

The stock market has suffered a nasty correction in the wake of Fed Chair Powell’s hawkish remarks at Jackson Hole two weeks ago. While the Fed is right that letting inflation linger would be a grave mistake they could also…

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