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Archive for August, 2011

Here’s what you get for playing momentum…

August 12th, 2011 No comments

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He’s getting ready for his summer vacation as all’s well in the Good Old USA

August 11th, 2011 No comments

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Speaks for itself…

August 11th, 2011 No comments

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People Pay for This Unique Insight

August 2nd, 2011 No comments

The DJIA plunged 266 points and the S&P 500 closed lower for the eighth straight day. MarketWatch flashed this headline after the close on August 2, 2011…

worst-market-since-late-2008-from-marketwatch

 

Esteemed market analysts Ned Davis made a bold statement about an hour before the close…

ned-davis-bullish-to-neutral-aug-2-2011-from-mark-hulbert

Even at 2:55 PM, Mr. Davis was hedging his words telling MarketWatch that if the market didn’t recover by 4 PM he’d have to go from Bullish to Neutral. I wonder what it would take for him to get Bearish and what dry powder he might have left after remaining bullish until this afternoon’s collapse.

An Amazing Fact reported by Reuters

August 1st, 2011 1 comment

Eleven  American states earned more revenue from lottery ticket sales than from corporate income taxes in 2009.

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US sales of all lottery tickets were north of $50 billion that year- the latest for which full data is now available.

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