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March Madness – Not The One You Are Thinking
Reading Time: 3 minutesThere is a mad rush going on in Congress right now by the Democrats to assemble the 216 House votes necessary to pass the health care bill on which a vote could come as soon as Sunday. On Tuesday, the…
A Soft Landing Is Fully Priced In
Reading Time: 7 minutesThe S&P broke out to new all time highs Thursday in the wake of the Fed’s 50 basis point cut to the Federal Funds Rate on Wednesday. While it is consolidating a bit today (Friday), as long as it stays…
Participation Broadens As The Equal Weight S&P Rips, WBA Earnings
Reading Time: 4 minutesIt’s getting harder and harder to make a bearish technical case against stocks. For a while, the argument was that the Magnificent 7 – with their huge size – were carrying the market higher and masking a lot of weakness…
Story Of The Week: Tech Leadership Called Into Question
Reading Time: 2 minutes“Investors finally woke up to the fact that US corporate demand’s not that strong right now. [Cisco] was that wakeup call.” – Richard Parower (subscription required), Global Technology Fund Manager, J&W Seligman The leader of the ferocious rally we saw from…
Hertz CEO Is Really Bullish
Reading Time: 2 minutesWe’ve seen continuous improvement every single week for the last 10 weeks in the US rent a car space on improving demand for the summer season. We’ve been buying a lot of cars the last 8 weeks…. We’re scrambling to…
Will They Sell They The Bernanke Bounce?
Reading Time: 2 minutes“…. in light of recent changes in the outlook for and the risks to growth, additional policy easing may well be necessary. The Committee will, of course, be carefully evaluating incoming information bearing on the economic outlook. Based on that…

