Last Monday the Dow Industrials fell by 777 points after the US Senate didn’t pass the 700 billion bailout package. Most news reporters informed the public that Mondays drop in the oldest US...
If you are feeling good now, given last week’s market performance, then you are living in a fantasy world – just like the traders who took the market indicators up. What we have seen over the...
It never ceases to amaze me how volatility plays out in the markets – how easily people forget one day only to rediscover the next. One has to believe that the market movers are all senile –...
In the past, the kind of volatility we have seen over the last weeks signaled bottoms, crashes, reaction to war and terrorism, and the like. The frequency, speed, and psychology of the recent...
The stock market frenzy of recent has been a thing to behold. Something fundamental has happened – actually crept up on us – that has turned the traditional herd behavior so characteristic of...
There is something very wrong when a company's net income increases 28% in the quarter and revenues go up 58% year to year and the babies in Wall Street play automatons and push the stock down as...
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