While most market participants this week focused on the Supreme Court decision on Obamacare or the Euro crises, a stealth bull market in housing stocks has taken hold. The segment of the economy that ushered in the financial meltdown has …
The big question hanging over the market this week was the outcome of the Fed meeting. Were they going to furnish pure crystal meth in the form of QE3 or just a simple twist? With all the bad news on …
This picture is the perfect metaphor for the market at the moment. First, one can view the ducks sitting up front as the bulls leading the current rally, few in numbers while bracing for a headwind. Meanwhile, the flock could …
After the worst monthly performance in recent memory and a rocky start to June, the markets said never mind to those who were looking for a meltdown. Out came the baby bulls, finding Nirvana with a monster rally up over …
To the ridicule of many, Mayor Bloomberg is attempting to make it illegal to sell some super-sized sugary drinks from NY City menus. Personally, it will not affect me as I swore off sodas long ago and moved to Santa …
The photo to the right is not a picture of a Chinese fashion event but that of an elite communist party member making her entrance to a Congressional meeting. This getup included a fur coat and Chanel boots. Personally, I …
The long awaited Facebook IPO hit the market with a resounding thud. Unlike Google’s IPO, which jumped over 20% on its first day out and then proceeded to run up another 500%, Facebook barely held on to its offering price. …
While Obama proclaimed his support for same sex marriage, the uncivil union between commercial banks and security firms reared up once again. JPMorgan announced a "small" trading loss of over $2 billion in a credit bet breaking bad, knocking off …
To steal a phrase from the eloquent baseball legend Yogi Berra "It’s Deja vue all over again". The stock market is just where we left it from last week, currently straddling the key moving averages with a bigger and more …
No sooner than we all go home happy last weekend after the Fed pontificated that the recovery was moving along better than expected and easy money was no longer guaranteed, that the latest employment numbers (released last Friday) sandbagged the …
