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The Market I have waited for a while for the first post because the market could not make up its mind. It may still not be able to. As the Dow switches from red to green and back again so, too, does my feelings about …

Asia Korea and Japan are strong in early trade.  Perhaps I was too quick to feel that today’s US fade was suggesting a bit of consolidation.  We’ll see. Night, night.

The Market The market could not hold it’s gain and sold off starting about 2:30pm. After the close Alcoa slashed it’s dividend, announced a convertible offering and generally said things don’t look so hot.  Shares are down 10% in the aftermarket.  I own a bit …

I picked this link from Kirk’s site; it says volumes about buy and hold investing. http://kirkreport.com/tkr/zgwDnkm9 Run on a bank. My sister, Connie, gave me Niall Ferguson’s The Ascent of Money and find a morsel on every page.  For example, if you want to understand …

Unched is trader’s talk for unchanged.  Which is what the Dow was.  Oh, OK, it was up by 4 points. However, NASDAQ, led by tech, names was up 1%. Both the bulls and the bears will try to own this.  Each side will give it …

FIRST-QUARTER LAYOFFS: Selection Of Job Cuts By Major Companies The following chart is a selection of some first-quarter announcements of job cuts since the beginning of the year. Some numbers are estimates. Company Name              Date of      Number of      Percent  Announcement    Jobs Cut     Work Force National …

Turnaround Tuesday lives up to its name.  Around noon markets usually sell off or level out.  So, we have to see if these gains last until 2:30, or so.  Markets up more than 5%.  More later.

Equity futures are solidly up but continue to react to Bernanke’s speech to Council of Foreign Relations.  He is calling for a new regulatory authority which would, hopefully, smooth out the boom and bust cycles.  Good luck with that.  Especially since the Fed itself is …

Cannot help but be a bit bullish.  After last week’s decline there are just too many names trading below $10 and  below $5(!) that predict a sever depression.  Yes, things are terrible, the weekend news and commentators were a recipe for a massive dose of …

From Barry at Bigpicture.com: Here’s a short list of only the highest quality, bluest of blue chip, penny stocks: AIG (39 cents) Citigroup (98 cents) E*Trade (66 cents) Fannie Mae (39 cents) Freddie (39 cents) Unisys (37 cents) Given the trading volumes, you might think …