Dame Daxx

Have We Reached a Near-Term Bottom?

Two months ago we also had a big Short Covering Rally in Financials. But that was accompanied by a Massive Sell Off in Commodity Stocks

This time it's quite different. Financials have rallied, but Commodity Stocks were also up a lot today. This suggests that we're seeing not just some Sector Rotation, but New Money coming into the Market today.

I have much greater conviction in this Bottom than in the other 4 we're so far seen this year.

Recognizing an Abnormal Market

Commodity stocks were Abnormal on the way Up, and are now Abnormal on the way Down. I wish I knew what Normal was.

The Dead Cat Returns to Earth

Melissa Francis and Becky Quick are both quite sharp. I wouldn't call them bimbos at all.

I sense it kills Melissa that she has to share an hour with Trish Regan.