Consumer sentiment and GDP data move the markets higher.
Now that the dollar vs stock thing isn’t as automatic, we have to look at earnings and revenues again. Dammit.
The Double Dippers came back out of the woodwork this weekend…
What has caused the Dow to lose 400 points since the beginning of the week?
What sectors will post the most earnings growth this season?
The afternoon look…and it ain’t pretty.
This willful ignorance is occurring for the simple reason that we’ve been in an anti-gravity environment – where stocks bounce off of each piece of good news and bad news indiscriminately, each bounce propelling them higher still.
Great links for weekend reading…
Will Stock Dividends Return in 2010 and Beyond?
This morning’s jobs report? No es bueno. It makes the November numbers we got in early December look even more manipulated in retrospect. Oil and stocks sold off in reaction, but gold actually staged a furious comeback off the early morning’s lows. There’s a lot more to the report than the number itself. Here are…