No other way to describe it. It was another ugly day, that followed an ugly week last week. Not just in the U.S. but globally. The losses would look bad enough if they were for a year, let alone a...
News a week ago Friday that a bailout plan was in the works that would allow the government to take the toxic mortgage assets off the balance sheets of financial companies was met with a great sense...
Earlier this week, I was thinking about what might qualify as the five most important events in my lifetime. I came up with the following list, which perhaps reflects my personal perspective on the...
According to research by State Street Global Markets, fund managers in Europe are paying less attention to sell-side analysts than in the past (see Financial Times article). Data from Bloomberg also...
You may notice that I try to write breakout and breakdown articles on a daily basis. But what I didn’t realize is that I didn’t explain why they’re so relevant. Therefore, here is my best...
"It's no longer a question of staying healthy. It's a question of finding a sickness you like." - Jackie Mason. Finding the right answers, so the saying goes, is easy;...
I'll keep this short but not so sweet. The light volume we are seeing on the market is a function of two things. First is the topic all media is talking about - the end of summer and final...
Money markets are signaling that recent credit problem may be long from over, with possibly the worst yet to come (see Bloomberg article). As with the end of 2007, interest-rate derivative...
As reported in a Reuters article and elsewhere, the SEC is expected to propose a new short selling rule in the next few weeks that will be broader than the original temporary order that protected...
The market continues its upward trend despite the ongoing proliferation of horrible news. If the market is moving from bear-market rally into a full-fledged bull market, we should see a noticeable...
