Interesting look here into the Bear Stearns boiler room. NEW YORK (Fortune) — Years from now, when academics search for causes of the stock market crash of 2008, they will [ … ]
Tag: bear
INVESTOR SENTIMENT BULLISH AGAIN
Mr. Market is certainly bi-polar these days. On March 6th the AAII sentiment figure recorded its lowest reading ever at 19% bullishness. Just 2 weeks later the sentiment reading is [ … ]
EARNINGS ARE STILL DISASTROUS
Q4 earnings are finished and boy was it a disaster. Total net income fell 20% in 2008. The devastation was broad based and expected to worsen in 2009. Analysts are [ … ]
DOES THE UPTICK RULE MATTER?
The market spiked another 1% this afternoon (on top of its morning gains) after Barney Frank announced the likelihood of the SEC repealing the uptick rule next month. Many market [ … ]
BANKS & OIL UP, MARKET DOWN?
Interesting divergence today as banks and oil trade higher and the overall market trades down. Banks and oil have been the tell since the beginning of this bear market. I [ … ]