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 25,657.32 -141.10 -0.55%
NASDAQ 7,630.02 -15.47 -0.20%
NIKKEI 225 22,841.12 291.88 1.29%
HANG SENG 25,462.26 17.20 0.07%
DAX 11,715.03 -61.52 -0.52%
USD (per EUR) 1.15 -0.01 -0.60%
USD (per CHF) 1.00 0.00 0.48%
JPY (per USD) 112.51 0.17 0.15%
GBP (per USD) 1.31 -0.01 -0.48%