Total market cap is a function of stock prices as well as the proportion of companies that are public.
I've never been too fond of this 'indicator,' since it can go up just because more companies are going public, as in the tech IPO boom, and go down during an IPO slow period. How many IPO's are being done now?
What happens when the Obama non-stimulus "stimulus" plan fails? Calling a new welfare plan 'tax cuts' and initiating long-tail pork and green projects will NOT pull the economy out of the tailspin!
What happens after the 'stimulus' fails, and we are still left with all the national debt? Then they will compound the error by raising taxes! And, BTW, violating legal mortgage contracts, which will NOT make housing prices go up...
Say Goodbye to a Bear Market Rally after Madoff's Ponzi Scheme [View article]
Why the gratuitous Bush bashing? Dems carried the water for Fannie and Freddie. Rubin pulled down obscene salaries while Citi rotted away. Bush tried to reform Social Security, but was shot down. Clinton presided over the tech bubble, but is remembered as having engineered great prosperity...even though it was mostly an illusion...just like the "peace" before 9/11.
Sentiment Overview: Selling Pressure Still Has the Upper Hand [View article]
"Right now selling pressure has the upper hand (after jumping to an extreme level). Until it subsides and buying pressure takes over, the market isn’t going to go up."
Really? Now THAT's the kind of insight I expect when I read Seeking Alpha!
Reversion to the Mean for Equities [View article]
I've never been too fond of this 'indicator,' since it can go up just because more companies are going public, as in the tech IPO boom, and go down during an IPO slow period. How many IPO's are being done now?
Two Economic Triggers for Recovery [View article]
The GOVERNMENT is our last hope!
What happens when the Obama non-stimulus "stimulus" plan fails? Calling a new welfare plan 'tax cuts' and initiating long-tail pork and green projects will NOT pull the economy out of the tailspin!
What happens after the 'stimulus' fails, and we are still left with all the national debt? Then they will compound the error by raising taxes! And, BTW, violating legal mortgage contracts, which will NOT make housing prices go up...
Say Goodbye to a Bear Market Rally after Madoff's Ponzi Scheme [View article]
At least you are right about the bailouts...
Sentiment Overview: Selling Pressure Still Has the Upper Hand [View article]
Really? Now THAT's the kind of insight I expect when I read Seeking Alpha!