The news from Europe on early Monday morning will enable the Euro, oil, commodities and the U.S. stock market to retrace about 50% of their moves down over the last 4 days. Also gold will be under pressure. The news will slow the slide in the Euro down meaning that it will take longer for it [...]
Huffington Post ”Sliding Euro an Ominous Sign” by Dan Dorfman, February 15, 2010.
Call it Eurotrash. No, not the tasteless European who comes to the U.S., puts on airs and boasts of fame, wealth and nobility (none of which he has), but the trashing of the Euro.
Mike Markowski, who runs an online cash flow monitoring service, [...]
Friday’s (December 4, 2009) stock market action was ominous because the market reacted negatively even though the unemployment data for November 2009, was much better than anticipated. After it was announced that unemployment fell to 10.0% in November from 10.2% in October the major stock market indices including the Dow 30 Industrials and the S&P [...]
The following link is to a presentation on a geographical map of all counties in the United States and their respective unemployment rates for each of the months beginning in January of 2007 and ending in September of 2009.
For more information on the Super Bear Market that is expected to last until at least 2015 [...]
She is one of the few bank analysts, which had sell ratings on all of the banks before they declined significantly in 2008. Her argument is that banks are ill prepared for an unemployment rate of 10%.
“No bank underwrote a loan with 10 percent unemployment on the horizon,” Whitney said. “I think there is no [...]
Our family goes to a youth all star baseball tournament in Palm Beach about 45 minutes from where I live in Fort Lauderdale on Father’s Day. My 11 year old son has been playing in the tournament since he was eight years old. We have been making the annual trek for the last [...]
Dow down 184, MRK, PFE, PG, HD, JNJ, GM only up stocks. Biggest losers BAC -10%, AA -8%. Mostly defensive names up. A defensive name is one that is not greatly affected by economy. People get sick and use [...]
Written by Michael Markowski on
May 10, 2010 – 1:30 pm
