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


NASDAQ 7,337.39 127.30 1.77%
S&P 500 2,747.30 43.34 1.60%
DJIA 25,309.99 347.51 1.39%
NIKKEI 225 21,892.78 156.34 0.72%
HANG SENG 31,267.17 301.49 0.97%
DAX 12,483.79 21.88 0.18%
USD (per EUR) 1.23 0.00 0.01%
USD (per CHF) 0.94 0.00 0.03%
JPY (per USD) 106.87 0.01 0.00%
GBP (per USD) 1.40 0.00 0.00%

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.