Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

3 O'Clock High: Turnin' Back the Clock

By

PrintPRINT

Editor's Note: In case you missed it, here are two of Prof. Macke's columns from last week.

Am I the only one having a semi-vacation week? The cold wind is howling outside my window. Even more than is normally the case, I'm not inclined to leave home. I'm cuing up some Johnny Cash, downing a pot o' black coffee and getting some things off my chest. I've got lazy dogs in front of a warm fire, happy little kids in their happy little kid jimmies and no particular place to go......
From 3 O'Clock High: A Hootenanny

and....

I don't care much about the macro retail sales numbers.

It's not that the data is noise-laden, backwards-looking and subject to endless revision, though it is all of those things. The problem with numbers like Mastercard's Spending Pulse estimate that retail sales rose 8.7% for the Christmas shopping season is that it changes nothing, in terms of your portfolio.....
From 3 O'Clock High: Touch Me

< Previous
  • 1
Next >
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE