Charting Stocks

The DJIA futures were set for a higher open this morning as orders for durable goods unexpectedly “jumped”  in February, which “surprised” many economists. Well,  at least that was the headline on  the major financial news sites but if we look at the data for ourselves, or even look past the headline and actually read [...]

We hear much about institutions being too big to fail, and so, the taxpayer is expected to bear any cost to save large financial companies. We think that the more relevant question to ask is whether these institutions are too big to save?
With the passage of the most recent bailout bill, the taxpayer is now [...]

The Empire State Manufacturing index fell to a record low of -25.8 showing the continued collapse in manufacturing throughout the New York area. Unfilled orders fell to a record low and prices paid contracted by 7.5%
The index is followed by economists as it tends to be a leading indicator to the Institute for Supply Management’s [...]