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upsidetrader.blogspot.com - 4/7/2009
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Enough is enough, I'll keep you posted.
calculatedriskblog.com - 4/14/2009
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calculatedriskblog.com —
On a monthly basis, retail sales decreased 1.1%
from February to March (seasonally adjusted), but sales are...
off 10.7% from March 2008 (retail and food services decreased 9.4%). Automobile and parts sales declined 2.3% in March (compared to February), ...
(more)
Retail Sales Decline in March
highchartpatterns.blogspot.com - 4/12/2009
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highchartpatterns.blogspot.com —
Expect a lot of volatility in the Financials
this week with the news of GS offering and...
GS earnings. The "stellar" earnings on WFC has set the bar very high for the rest of the banks and "sell the news" reaction on other bank earnings would not be surprising. XLF closed right at resistance. As ...
(more)
Financial Fun
hf-implode.com - 4/14/2009
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hf-implode.com —
" Sales at U.S. retailers fell in March,
snapping two months of increases, a government report showed...
on Tuesday, indicating the recession was far from hitting bottom as mounting unemployment depress consumer spending."
(more)
Retail sales show recession far from bottom
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Deep Market Thoughts “Fighting Recklessness with Recklessness”
Howard Lindzon —
I have been getting net short the last few days as I slowly leak out of the web stocks I like and add to my Retail short and some SPX Puts.
I don’t have tremendous conviction on the short side, but will lean on a retail setup that looks like this .
I am still patiently waiting some meaningful all-time high breakouts from this massive rally, but most of the move is in the garbagio broken stocks and is just medium term-long-term noise at this point.
I took the title for this post from John Hussman , a really good writer and money manager. ...
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