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dwightjohnston

  1. Job news weak, but big stock selloff mostly on Europe worries. Hate being eurocentric, but Europe probably hated UScentric 2007-2009.
  2. Stocks up big on rumor of strong China GDP. Funny how an economy 1/3 size of U.S. is more important to traders than our own.
  3. Recommend reading stories on Fed in 2006 in today's papers. See why I don't think too highly of the players. No surprise to us oldtimers
  4. I'm a terrible tweeter. Last one on December 5.
  5. Unemployment Rate drop to 8.6% as BLS continues to lower the number of people who want jobs. Truth or scam?
  6. Italian 10-year note in charge of markets. Makes you wonder why anyone is in stocks.
  7. Dumb day in stocks. Morning -250 low made no sense, and 350 point swing in last hour to end up 150 made even less sense. Machines in charge
  8. S&P close tonight of 1093 will signal a new bear market say market historians. Feels like it's been a bear for 4 months already.
  9. Posted some thoughts on the recent market moves and the S&P's downgrade of the U.S. on my public blog http:dwightjohnston.wordpress.com
  10. I'm throwing the caution flag on stocks & telling you what the stock market really is on my DJ & the Bear blog: tinyurl.com/3etfp4x
  11. Dow down 280, 10-year yld 2.94%. Fun day! Traders got reality check. Just making up for ignoring all bad news. Caught up with them today.
  12. Heads up this weekend as EU officials seek a more permanent solution to the euro debt problem...be alert for any surprises on Monday. Opa!
  13. Interesting week! Posted an educational piece on my blog -- http://bit.ly/ecbZAU.
  14. Long-term monthly was posted yesterday. DJE subscribers can login to read about some economic "magic" -- http://tinyurl.com/3tasg75
  15. Just posted new blog on dwightjohnston.wordpress.com . Topic on the anger toward public workers. Just some thoughts.
  16. Posted new weekly pod cast. Free access at dwightjohnston.com or on ITunes.
  17. FOMC meets tomorrow. I'll post new pod cast shortly after. My fear is Ben hints again at more QE. Huge mistake if so.
  18. Dow falls 165 points as over confident traders bail as oil hits $104.
  19. Ben Bernanke confirms he will bail out traders and leveraged managers no matter what the cost to the rest of us.
  20. Dow down over 100 points as oil jitters hit