So let’s dive into some headlines that every investor and trader should be reading.
Apple charts signal trouble – I trimmed higher as noted repeatedly here. I bought some back today.
Brace for worst earnings since recession’s rebound – I saw about five headlines and articles about this over the weekend. Markets are at multi-year highs though. I’m much more comfortable about most of my company’s earnings growth prospects than the broader markets’.
PC sector trading for scrap value, but patient investors required – Lots of insightful analysis on the tech sector as it is in tumult right here right now.
Europe Launches $648 Billion Aid Fund – Yeah, that’ll fix their insolvent banks and sovereign governments, right? It won’t but it keeps the can kicking going.
World food prices near crisis levels – No doubt that food prices have been climbing overall lately.
But take a look at this chart of the DBA ETF, which consists of the following according to Yahoo! Finance:
|Top 10 DBA Holdings (91.69% of Total Assets)|
The price of these food items in the US is down 20% over the last eighteen months, and at the same levels it was two years ago. That’s not to downplay the significance of food inflation, but let’s keep to the facts.
Hedge Funds Cutting Trading Budgets Amid Slump, Survey Finds – Hedge funds had a horrible year, but I’d also suggest that the hedge fund sector isn’t about to disappear anytime soon.
JPMorgan Feigns Injury From Lawsuit Pinprick – Will we ever have justice for the banksters?
China Tech Giant Huawei Is Under Fire – This is probably good for Cisco and Juniper.
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