Apple is down 10% in the last 5 trading days. This is against a Nasdaq 100 Index ($QQQ) that’s only off 2-and-change percent. We’re talking about 64 straight points off the high. Fast. Maybe it had something to do with this nonsense: Apple and the Return of the Gimmicky Price Targets (from April 3rd) Don’t…
April 2012
Tupac Back! "Live" with Snoop and Dre at Coachella
Video.
Dougie: Berkshire Could Be Undervalued by 30%
Video.
Les Miserablogs
I’m big in France, like Jerry Lewis.
Throwback: Louder Than a Bomb (1988)
Video.
Betterment: Financial Advisors are Pigs
Subtle and classy, go Betterment.
Best March Weather in 117 Years Produces Monster 0.8% Rise in Retail Sales
The headlines will all say that Retail Sales numbers for march beat expectations – and technically they did – but in reality…
HYG Vindicated
Perhaps most remarkably, the concerns about liquidity turned out to be unfounded as HYG actually became a source of liquidity that hadn’t existed before.
Generic Paragraph You Will See Every Morning this Spring
What’s happening with the market? The same thing every day to varying degrees – a three-way tug o’ war between the triumvirate of pressing issues du jour. The below paragraph comes from MarketWatch this morning but you will see the exact same thing printed in every market article at every news site from now through…
John Hempton on Spotting Potential Frauds to Short
“Once a scumbag always a scumbag.”