Last month (September 23) we saw a very small shift in a few of the key areas of the Fed statement. In particular the wording change that showed that the Fed saw economic activity has picked up following its severe downturn from “leveling out.”
They also had the following changes:
Businesses were...
There was a draw-down on oil inventories that helped to push markets higher. (Note: Correlations these days are unbelievably high across many market segments)
We have seen these numbers see-saw on a weekly basis giving us little trend to lock onto. Clearly total inventories have been dropping...
Thanks for the great review and the the kudos. It is nice to be a part of this great list of business and investing podcasts! Here is some of what was said over at Business Pundit:
15 Podcasts That Will Make You Richer
To grow money, you have to...
Last night, into the close, we took an initial short position in Caterpillar (CAT). The stock has been in a range now for a few weeks and while metals and material prices have been on the rise, CAT has benefited from the perception that sales of their ground moving equipment...
Allegiant Air (ALGT) came with impressive numbers for October. The load factors were slightly down but we saw healthy increases in most areas as compared to 2008. Allegiant has one of the best load factors in the industry as they manage flight loads well.
Yet, we also looked deeper and saw...
