David Barsan_

Is a New Trading Range In Store?

What's your thought on the fact that this most recent rally to resistance has been on pretty lackluster volume and breadth? It seems breadth was more positive last week, but the volume hasn't been as strong as I'd imagine it would be on a breakout to significantly higher levels than where we are.

Assessing the Odds of Another Rate Cut

And if noticed that Eurozone inflation is much higher than they would like it to be, the dollar appreciating doesn't seem like a given either, which would be one way to stem the rise in commodity prices. I agree, the Fed is in a box, and at this point, it seems like further rate cuts aren't going to do anything more to stimulate this economy. I'd rather they focus on CONTAINING inflation, even if they don't start actively fighting it.....

Wall Street Breakfast: Must-Know News

On a very small level, the Dairy Queen I got to in Ann Arbor just reopened and their small Blizzard, which cost around 2.50 last year is now 3.40! I asked about it and was told that one of the large determinants of the price increase was higher-priced milk. Maybe Alan doesn't like ice cream?

Do Low Multiples Indicate the Market is Undervalued?

Thanks for the article, Turley. I definitely think the ERP comments seem to be very true these days.