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<strong>U.S. CHAIN-STORE SALES BELOW PLAN</strong> According to the Redbook survey, same-store sales were running at +1.7% YoY as of November 7th ? below the target of +2.2%. Remember, the comps are very ?easy? given last year's meltdown, so +1.7% is actually quite poor. As for any...

Since now I have a lot extra time focusing on my own investment, I decide to make this blog for whoever interested in knowing exactly what I'm doing. I try to keep it as simple and straighforward as possible. Comments and suggestions are welcome. http://icemanxtrendtrading.blogspot.com/

<strong>HOW DOES THE U.S. GOVERNMENT DO THAT (WITH A 10% DEFICIT/GDP RATIO TO BOOT)?</strong> ?It is trying to promote consumer spending at a time when the consumption/GDP ratio is at a record high of 71% and well above the long-term norm of 64%. ?It is trying to promote credit...

Another day of restless pumping with low volume. The last leg of the rally seems to have come from the comments last week from the Fed and over the weekend from the G20 that government stimulus remains the name of the game. The punchbowl is intact ? imagine the desperation involved in expanding...

Let me start off with something outrageous HE SAID WHAT?????? http://www.marketwatch.com/story/goldman-ceo-defends-bonuses-as-sign-of-recovery-report-2009-11-08 "Goldman Sachs Group Inc.'s chief executive defended the U.S. bank's bonus policies in an interview with U.K.'s Sunday...

S&P bounced off the support of 1040 after a better than expected GDP report shows economy is growing at an annualized pace of 3.5% vs. 3.2% estimated. Goldman lowered their estimate to 2.7% yesterday morning because 1)They know that it will come on higher than 3%, but they tried to play...