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

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
  • DJI26677.04173.040.65%
    NASDAQ8029.7442.420.53%
  • NIKKEI 22521462.86128.990.60%
    Hang Seng28550.43348.291.23%
    DAX12355.3946.860.38%
  • USD (PER EUR)1.130.00610.54%
    USD (PER CHF)1.020.01241.23%
    JPY (PER USD)107.34-0.7250-0.67%
    GBP (PER USD)1.270.00570.45%