Time to Buy Technology

After last week’s strong recovery rally, we will find out soon if the fundamentals will support higher prices. Yes, after I’ve discussed it… Read more

Oil and Real Estate

Another good day for the stock market. The S&P 500 is now pushing resistance at 1,070. Is it too much to ask for another… Read more

Green!

Green. After 10 out of the past 11 sessions ended in red, green was certainly a welcome color for the stock market yesterday. And… Read more

What Oil Prices Are Saying

The Bloomberg headline reads “Stocks Fall on Earnings.” As you know, I’ve been watching for signs that 2Q earnings would be disappointing. And… Read more

U6 Unemployment

I hope everyone had a relaxing holiday. Holidays can definitely help all of us recharge our batteries. And sometimes, a break can even… Read more

What Yuan Revaluation Means for You

Well, Friday’s Daily Profit was certainly timely. In case you missed the piece titled Is China an Afterthought?, I said "I won’t be surprised to see Read more

Greece Again?

Yesterday, ratings agency Moody’s downgraded Greek debt four levels to non-investment grade or “junk” status yesterday. The downgrade triggered a late slide for stock prices and what started as… Read more

Are the Sellers Done?

So far this year, the S&P 500 has dropped 3% or more in one session 3 different times. The two previous times,… Read more

The Volatility Genie

I was trolling Bloomberg last night and I came across the following quote:  

 

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