Doug Kass says economic turmoil will continue for quite a while, lending credence to the “W” shaped bottom that may develop as stocks dip lower again. Additional headwinds include Obamanomics experiment.Story
The Big Picture
Kass: “George Costanza” Market Now in Backing and Filling; Still Bullish For Summer Rally
Call this the “George Costanza market,” a market that does the opposite of what everyone thought it should have done three weeks ago and might now deviate from a growing view that the market will continue its rise in the weeks ahead. […]
The Big Picture
Could Stocks Hit New Lows Soon?
Heiko Seibel: “Within a few weeks, we will see the stock lows of our lifetimes” […]
The Big Picture
Lenny Dykstra, Ex-Baseball Player, TheStreet.com Stock Tout Now Broke.
Lenny Dykstra, ex-baseball player, and options trading tout, getting house and plane repo’d. Another indication that market is bottoming out. […]