Daniel Junius News Today

Or else well have more days like today. Where the averages got scalded. Dow plunging 131 points. Nasdaq declining. Thats precisely what happened this session. The market said with this particular pummeling that the consumer is on the ropes. Not enough good things happening away from the consumer. To keep the averages at thats admittedly lofty levels. How do we know this . Simple. Because of a slogan. A slogan many of us are familiar with. Macys has everything. And today for first time in four ye...

Have more days like today. Where the averages got scalded. Dow plunging 131 points. Nasdaq declining. 41 . Thats precisely what happened this session. The market said with this particular pummeling that the consumer is on the ropes. Dont have enough good things happening away from the consumer to keep the averages at these admittedly lofty levels. How do we know this . Simple. Because of a slogan. A slogan many of us are familiar with. Macys has everything. And today for first time in four years...

short sellers feared europe may do something right over night and feared losing all the juicy profits gain in the last eight weeks. remember, they like to take profits, too. people are always looking for analogs, analogies, patterns, touchstones that help us figure out where we can go, how low, how bad. look, its the right thing to do. we only have our history. if we ignore it were obviously doomed the repeat it. before i lay out how bad things could get which is the so-called worst ca...

short sellers feared europe may do something right over night and feared losing all the juicy profits gain in the last eight weeks. remember, they like to take profits, too. people are always looking for analogs, analogies, patterns, touchstones that help us figure out where we can go, how low, how bad. look, its the right thing to do. we only have our history. if we ignore it were obviously doomed the repeat it. before i lay out how bad things could get which is the so-called worst ca...

short sellers feared europe may do something right over night and feared losing all the juicy profits gain in the last eight weeks. remember, they like to take profits, too. people are always looking for analogs, analogies, patterns, touchstones that help us figure out where we can go, how low, how bad. look, its the right thing to do. we only have our history. if we ignore it were obviously doomed the repeat it. before i lay out how bad things could get which is the so-called worst ca...

consumer debt-fuelled economy, given that the consumer is healthy and getting healthier worldwide, i would say not only is it sustainable, it might be multi-year sustainable. our next bugaboo is housing. every day, we hear about mounting foreclosures. banks taking back homes at increasing levels. but i say if this were a real worry, you wouldnt be seeing such powerful rallies in jpmorgan or bank of america or wells fargo. they own too many homes through foreclosure. it simply wouldnt b...