Harrison: It’s A Cyclical Bull Within A Secular Bear
It’s important to understand that this cyclical bull is part of a prolonged and painful secular bear stretch.
– Todd Harrison, “Ten Reasons Why This Is Not A Bull Market”, Minyanville, March 24
It’s important to understand that this cyclical bull is part of a prolonged and painful secular bear stretch.
– Todd Harrison, “Ten Reasons Why This Is Not A Bull Market”, Minyanville, March 24
In retrospect, the writing was on the wall: JP Morgan has increased its offer for Bear Stearns to $10 a share in stock (0.21753 shares of JP Morgan for every share of Bear). In conjunction with the increased offer price,…
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After a strong three day bounce, the market softened Thursday with the S&P -0.72%, the NASDAQ -1.71% and the Russell -2.27%. NYSE + NASDAQ Advancers to Decliners were 1,997 to 6,030 on relatively mild volume of 8.3 billion shares compared…
A strong July Existing Home Sales report from the National Association of Realtors is propelling the market this morning. Existing home sales rose to a 5.24 million annualized rate from 4.99 million in July 2008 – the first year over…
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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…