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$SPY
Dr. Copper on Shaky Ground
Copper selling off and taking stocks with it…
1250
The number on everyone’s tongue is 1250.
June Swoon
June is a horrendous month for stocks, this year especially.
The World is Changing
“The world is changing. I feel it in the earth, I feel it in the water, I smell it in the air.”
Hot Links: Chinese Bailout
Your morning linkage, ready to read.
GOP Blocks Debt Ceiling Vote
Will the dollar be bought on the news – or sold?
John Hempton's Letter to a Bear
Hempton’s response if both powerful and laden with a wisdom about how the world works that only experience can foster.
Todd Sullivan Explains PE Ratios to the Troglodytes
I’ve seen an amazing amount of unqualified opinions being offered regarding LinkedIn’s IPO valuation from people who have absolutely no business even discussing these things
The Dip That Wasn't Bought
For the first time in I-can’t-remember-how-long, we’re in a pullback that hasn’t immediately brought out the BTFD crowd.