Daily Blogwatch: Just How Oversold Is This Market? Why Are Hedge Funds Buying PFE?

Before you go, we thought you'd like these...
Before you go close icon
Interesting stat. The unemployment rate for the college-educated is a lot lower than the 10% unemployment rate for everyone.
________________

I show how to violate Warren Buffett's constitutional rights.
________________

NewDeal2.0 is disgusted by Moody's warning about the status of the U.S. debt and explains why.
________________All the top hedge funds have been loading up on tiny pharma company Pfizer (PFE). Contrarian Edge attempts to figure out why.
________________

Burton Malkiel is famous for writing the classic investment text, A Random Walk Down Wall Street, in which he mostly subscribes to efficient market theory. So where does he put his own money?
________________

Whoah! Bespoke shows how oversold the market is.
________________

Finally, Barry and I agree on something: The economics of book writing is horrible. I'm up to four and counting (number five is coming out next January).
________________

I knew Michael Crichton wrote some good bestsellers, but now you can also bid on his works of art.
________________

CXO shows what the market historically does in the week after a Super Bowl.
Read Full Story

Markets

S&P 500 2,204.71 12.76 0.58%
DJIA 19,216.24 45.82 0.24%
NASDAQ 5,308.89 53.24 1.01%
DAX 10,691.35 6.52 0.06%
HANG SENG 22,675.15 169.60 0.75%
NIKKEI 225 18,360.54 85.55 0.47%
USD (per EUR) 1.08 0.00 0.23%
USD (per CHF) 1.01 0.00 -0.15%
JPY (per USD) 113.86 0.00 0.00%
GBP (per USD) 1.28 0.00 0.25%

From Our Partners