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.
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I show how to violate Warren Buffett's constitutional rights.
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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.
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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?
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Whoah! Bespoke shows how oversold the market is.
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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).
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I knew Michael Crichton wrote some good bestsellers, but now you can also bid on his works of art.
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CXO shows what the market historically does in the week after a Super Bowl.
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Markets

DJIA 25,058.12 -6.38 -0.03%
NASDAQ 7,820.20 -5.10 -0.07%
NIKKEI 225 22,697.88 -66.80 -0.29%
HANG SENG 28,224.48 213.62 0.76%
DAX 12,561.42 -124.87 -0.98%
USD (per EUR) 1.17 0.00 0.01%
USD (per CHF) 0.99 0.00 0.07%
JPY (per USD) 111.41 -0.02 -0.01%
GBP (per USD) 1.31 0.00 -0.04%