Retail sales continue to see better than expected reports. Consumers are definitely feeling a little better after the 2009 Armageddon warnings have been lifted.
For the most part, retailers have been reporting that they are using extreme measures to bring in customers in order to provide the sales. Interestingly, the high...
On the Economic front, there was some good news from the initial claims release that was taken well by investors for about 2 minutes. Then they turned away as they considered that some of the benefit to this week’s number may have been from the inability for claims...
Some of the more interesting and important items for February 11th :
Motorola Plans Split Into Two Companies, With Jha Leading Phones, Set-Tops – Great! Now two crappy companies
Google Dangles 100 Times Faster Internet Speeds in Verizon, AT&T Challenge – How cool is this?
Lack of details hits euro –...
Earlier in the week we were looking at the technicals for Gold (GLD), Silver (SLV) and other metals.
It appears that the chartists have an edge these days as many of the technical lines are showing respect to support, resistance and several other traditional indicators.
Of course this is not for all...
The trade balance figures are out and it once again showing how pathetic we are as a country selling our wares. For some reason, President Obama believes that it is possible to double our exports within five years. An admirable goal, but is it possible?
From the NYTimes.com with commentary:
