Markets

Jul 22, 2011 at 12:04

My local newspaper ran a story about the escalating battle between Amazon.com and the state of California. At issue is the collection of sales tax: Governor Jerry Brown signed a…

Jul 22, 2011 at 12:00

Investors and the media have been quick to establish opinions with just a veneer of truth, due in part to the globalization of the internet, which causes instant analysis instead…

Jul 22, 2011 at 11:01

Steve Wynn, chairman and CEO of Wynn Resorts, is a man who knows how to build and grow casinos. His father ran bingo parlors.

Jul 22, 2011 at 10:55

Money, once dear to bankrupt kings, is now at 3.5% for 30 years... so in 1294, English king Edward I fell out with Philip IV of France - to whom…

Jul 22, 2011 at 10:49

On Wednesday, Fitch did the dreaded three-notch downgrade on Greek sovereign debt. That was from B+ to CCC. Interventionist theories assume that nothing can go wrong and then with considerable…

Jul 22, 2011 at 10:38

What does a lower Dollar Index all mean? I am sure you know the answers by now. In a macro sense, we will still have policies in this country and…

Jul 22, 2011 at 10:19

Averaging $96 so far this summer, crude oil certainly doesn't feel cheap. Nevertheless, its technicals are looking increasingly bullish. After recently bouncing out of a major correction, oil appears to…

Jul 22, 2011 at 10:07

We remain in Buy Mode, expecting the markets to continue higher into 8/1. Getting a little cautious of a pull back into 8/1, but noting that it would set up…

Jul 22, 2011 at 09:59

The 17th century English philosopher, Francis Bacon, once observed that, "knowledge is power. So, here's some power knowledge that the West has overlooked, but may well contain critical information for…

Jul 22, 2011 at 09:16

Investors today have instant access to minute by minute changes in the stock prices of their portfolio holdings in real time. Since stock prices tend to fluctuate wildly from one…