Posts under Economy & Markets Category

May18

Yesterday morning I wrote the market needed a "flush" and we definitely saw one.  The last of the holdout sectors such as housing, REITs, and even some of the most defensive names were raided.   That said, a close on…

May17

Awful close. Disclosure Notice Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long…

May17

We've been writing for quite a few years how the Great Recession has almost completely passed by the northern plain states due to the natural resources focus. [Aug 2, 2009: Slice of Central US Safe from Recession Shrinking] [Jun 8, 2008:…

May17

It is not reflective of the indexes, even though they are down significantly but there is serious selling now going on under the surface – many of the names (a small group) that have held up are being hit hard…

May17

It has been a slow and steady drop, rather than "whooshy" but the destination is the same.  The S&P had a high on May 1 of 1415 and this morning's low thus far was 1315.  That's a cool 100 points,…