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Thawing Turkey and Sea Lion Randomosity
It's Monday. It's Thanksgiving week. One of my favorite weeks of the year! It seems as if the market also is pricing in a nice turkey dinner with all the trimmings and fixings. Market went up about 1.2% across the board. Of course, thawing turkeys are being denied the credit for today's ...
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TGIF Randomosity!
As I sat down this morning to blog, the market was tanking, er getting smoked, yet again.  But work intervened and when I came back to my office, things weren’t so bad.  Obviously, the market got hit with the Dell news (as did Dell!).  The WSJ said investors wanted safety ...
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Dude, I Hope You Didn’t Own Dell
Dell reported that their fiscal third-quarter profit fell 54%. Officials offered less than robust outlook on end demand. Chief Financial Officer Brian Gladden said demand had stabilized but a significant uptick was unlikely until 2010. Dell’s shares are down about 6% in after-market ...
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DOW Theory Buy (Recently)
In case you missed it, the DOW Theory buy hit last Monday .  As Mark Hulbert (not pictured) reports, the action on the Dow Transports last Monday finally triggered a Dow Theory buy signal, which has been enough to persuade some erstwhile bears to grudgingly turn bullish. Of course, ...
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Market Valuation
Mark Haines (not pictured) made a comment this morning on Squawk Box about market valuation. Many folks are complaining that market valuation is too high considering the weak economy. We have unemployment over 10%, homeowners are facing foreclosures, and there is an overall ...
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Monday Randomosity
Hey, two blog posts in one day!  I think I can, I think I can…  Brought to you by a sexy race girl. Just cuz. Did you see where Warren Buffett doubled his Wal-mart holdings? While we’re debating government-run health care, it may be important to see how government-run mail ...
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Monday Ramp
Seems like a big deal to break 1100 on the SP500. If we can hold it today. Technically, the market seems fine. Fundamentally, it sure seems as if we are going to have some issues with higher market valuation. I remain long and don't see a compelling reason to sell just yet. Monday Night ...
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Sunday Game Day
I'm still long the stock market. Haven't seen too big of reason to sell. I think the economy is recovering, and the bump up in the productivity numbers was nice to see at this point. It may be a bit before companies start hiring folks, but it seems as if we're on a normal economic recovery ...
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Home Sick
Bleh. Fighting a cold or flu. I think the former. Anyways, on the sofa watching movies for two days straight.
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Market Getting Smoked!
Whoa Nellie, the market is tanking.  Yesterday, we had a feel good bump but today we’re getting a feel bad thump.  We had an early “quote delay issue” and then Traders also pointed to comments from billionaire investor Wilbur Ross on Bloomberg Radio Friday, saying a "huge ...
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The Slide Continues
The market continues to sell off this week. Kind of refreshing, in a way.  I think we need to reset before we can move higher.  I'm not expecting anything ominous, since I feel that the economy is recovering and we will see slow to moderate growth going forward.  Of course, I ...
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Monday's Reversal and Distribution Randomosity
The market had a nasty reversal yesterday. Opened up nicely and then just cratered.  IBD has the market under pressure and noted that we've now had 9 higher volume declines, calling it "worrisome."  IBD also tells investors to carefully mind their holdings.  (LOL). ...
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