Monthly Archives: June 2012

Jun27

The guy I consider the "godfather of financial blogging" Barry Ritholtz of The Big Picture, spoke with Aaron Task of Yahoo Finance in the video below.  His belief is that the market has processed the Euromess and much of the…

Jun26

Infotainment financial channel CNBC continues to see its ratings plummet.  I am sure part of this is just the general disgust towards equities by Joe 6Pack but the "shout at you" format (at least in the U.S. version) has to…

Jun26

We are now a full 3 months into this correction.  The months of April and June have been very similar with whippy action in both directions and no memory from day to day:  2 days up, 3 days down, 1…

Jun26

While technically not a sovereign bailout I am going to throw in Spain with the countries bailed out during the Euro crisis.  Yesterday, Cyprus officially became the 5th country to ask for assistance, and obviously Italy has been in the…

Jun25

In essentially 2.5 sessions half of the June rally has been wiped out; showing how quickly these gains can disappear when the market is not stable.  We are the 50% retrace (obviously) of the 1266 to 1363 move.   Any…