You know those Mexicans that hang out at Home Depot parking lots looking for work? That’s the picture in Singapore as 750 freighters are idling in the water waiting for jobs – with no work to be had. New York Times has the story:The problem is global shipping has collapsed.
The Big Picture
Doug Kass: “Worshipping at the altar of price momentum can be punitive to the recently converted.”
Doug Kass is Bullish on Stock Market and lays out the key elements that will likely cause some drops along the way. […]
The Big Picture
Lenny Dykstra, Ex-Baseball Player, TheStreet.com Stock Tout Now Broke.
Lenny Dykstra, ex-baseball player, and options trading tout, getting house and plane repo’d. Another indication that market is bottoming out. […]
Investing Strategy
Crude Oil – – is the rally over – – or just getting started?
Oil has pulled back after a strong upside move. What’s ahead? Watch this video from the experts at INO […]