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The Market Markets are down as profits are taken in what some may view as an overbought market. General Mills (GIS) is down 8%, despite guiding earnings higher.  Traders are focusing on the quarter which clearly disappointed.  And, there is concern that branded cereals are …

The Market A very solid showing.  Market breadth was positive with up shares swamping down.  New lows are still much higher than new highs but are no longer 300-700 new lows per day.  The Dow gained fifty points in the last five minutes in a …

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 …