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

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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

S&P 500 2,387.45 -1.16 -0.05%
DJIA 20,975.09 -21.03 -0.10%
NASDAQ 6,025.23 -0.27 0.00%
DAX 12,444.34 -28.46 -0.23%
NIKKEI 225 19,251.87 -37.56 -0.19%
HANG SENG 24,698.48 120.05 0.49%
USD (per EUR) 1.09 0.00 -0.01%
USD (per CHF) 0.99 0.00 0.01%
JPY (per USD) 111.32 0.13 0.12%
GBP (per USD) 1.29 0.00 0.33%

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