Trying to formulate an intermediate-term opinion on a stock right now is like building a house on quicksand.
There, I said it.
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An Ugly December For The Euro So Far
Le Euro hasn’t been looking good since the start of the month and today’s credit downgrade on Greece’s sovereign debt certainly didn’t help. Wondering about the strength in the dollar and the weakness across commodities today (ex-nat gas)? Look no further than here: The ratings agencies seem to be in the driver’s seat here as…
Journalists with Questionable Endorsement Deals
Fox News “journalist” Glenn Beck has recently come under fire for his endorsement of Goldline, a seller of gold bars and coins. Not only does he do live commercials for Goldline, he has also been telling his viewers to buy gold to protect themselves from the government’s policies. Beck is not the only on-air news…
6 Traits of a Great Banker, According to Bruce Wasserstein
In a beautifully worded and heartfelt tribute to the late banking legend Bruce Wasserstein, his friend Martin Lipton recounts the 6 traits that Wasserstein believed a great banker ought to possess.
Exporting the Bubble?
Are our artificially low interest rates fueling bubbles elsewhere?
Michael Shedlock Talks Jobs with Aaron Task
Here’s a quickie from Tech Ticker that presents a very sobering view on how persistent a 10% plus unemployment rate could be according to Michael “Mish” Shedlock… Source: Mish: Nov Jobs Report Looked Fabricated (Yahoo)
The New Decembrists: Ground Zero for the Financial Reform Discussion
My pal The Epicurean Dealmaker has launched a new site that aims to give us all a voice in the debate about what form the coming regulatory overhaul takes. The financial crisis infiltrated every facet of American life so we all have something at stake here.
Bespoke's 2009 Commodity Scoreboard
The boys over at Bespoke Investment Group (aka The Notorious B.I.G.) just put up a look at how 10 major commodities have done so far in 2009. Copper For The Win! Sources: Commodity Snapshot (BIG)
Interview With Elliot Q. Wave, Technical Analyst Extraordinaire
I’ve spent the greater part of 11 months ripping sell-side fundamental analysts to shreds on this site for their slavish dependence on discounted cash flow analysis. Today, I thought I thought it would be nice to visit with my old friend Elliot Wave, technical analyst extraordinaire, to ask some basic questions about how he sees…
The Rally Apologista's Handbook
I hear and read the same scary statistics every day just like everyone else. But the quote screen doesn’t lie. So I apologize for staying in the game and these are my excuses.
