Yes Virginia, There Is A Recession!
As if we didn’t already know such, the current recession was made official today. The official start of the recession was December of 07 so we’ve been in it for…
As if we didn’t already know such, the current recession was made official today. The official start of the recession was December of 07 so we’ve been in it for…
Those that watched the market this past week saw some pretty powerful moves, until you look under the hood, as the major indices all had close to double digit gains…
It appears as though the bad news for our economy is falling on deaf ears as the reports this morning were less than favorable. New home sales are down 40%…
No gas for the bulls as yesterday’s meager attempt to buy some lows was met with fierce selling today. In fact, the broader market ($SPX) closed at its lowest point…
Today’s price action shouldn’t be too surprising given the history that will be made tomorrow. Yes, that’s right, everyone that’s a citizen of the US should be voting tomorrow as…
The $941.50 level I pointed out in the broader market (78.6% retracement) was steam rolled last week. Now, after today’s manic rally, we are back above that level. Keep in…