Financial Alchemy

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Toward the end of his tenure, some started to wonder if former Fed Chief Alan Greenspan was a fool (after all, he left rates too low for… Read more

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Risk and Reward

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Writing every day is both a pleasure and a chore. There’s no better way to stay ahead of the market’s next move than to pick out the important and… Read more

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Good and Bad News?

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First, the good news. Industrial production was up 0.8% in November. That’s the fourth gain in five months. Depleted inventories are being replenished, and this might actually… Read more

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Fat Cat Bankers

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"I did not run for office to be helping out a bunch of fat cat bankers on Wall Street.”
That’s what President Obama told 60 Minutes Read more

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1.3% for U.S.

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Retail sales rose by 1.3% in November. That was better than expected and makes for a solid counterpoint to the disappointment from Black Friday sales numbers. Auto… Read more

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Support and Resistance

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To kick things off today, I’m going to borrow from Jason Cimpl’s morning message to his TradeMaster Daily Stock Alerts readers:
Yesterday [Wednesday] was a… Read more

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Where There’s Smoke…

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According to Bloomberg, Greece’s finance minister said there was "absolutely’ no chance that Greece would default. Do you believe him? Because the fact is, we heard exactly… Read more

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Sovereign Wealth Funds Get Wealthier

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Germany reported a drop in industrial production for October. Greece and Ireland both received downgrades on their debt. Economic growth in Europe is not strong…. Read more

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Taking Profits

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The Dow Industrials continues to struggle with resistance at 10,500. Every time it peeks above that level, the sellers step in. Friday was a great example. Stocks… Read more

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