Financial intelligence for an ever changing world
By Chad on Aug 19, 2009 in Economy | 1 Comment
Insiders are fleeing stocks like a Russian pilot fleeing a plane at a European air show (Bears Prowl Wall St. as Insiders Dump Stock - Reuters):
“Company executives are selling stock at a rate not seen in two years after a near 50 percent rise in the S&P 500 from a March 9 low. That [...]
By Chad on Aug 19, 2009 in Economy | 1 Comment
Bloomberg reported today that the U.S. recession may have ended in June, per Edward McKelvey at Goldman Sachs (U.S. Recession May Have Ended in June, Goldman’s McKelvey Says)?
“The upturn in industrial production reported for July suggests that June could wind up being the NBER cycle low,” McKelvey wrote. The projection was “highly tentative” and “a [...]
By Chad on Aug 14, 2009 in Uncategorized | 5 Comments
Ok, I got a little sidetracked from my blog, but now I’m back. Of course, given my long lay off it won’t be surprising if no one notices. Who could blame anyone? Anyway, let’s get right into this.
The market has probably completely confused everyone by now. First, the market has a spectacular crash last winter [...]