Archive for March 23rd, 2011

Video Of The Day – CNBC – Barry Ritholtz: Market Topping Out?

Any time the market is up 100 percent in two years, there tends to be a large correction, says Barry Ritholtz, FusionIQ. Ritholtz has 30 percent of his portfolio in long positions, and one of them is Dell. He explains why. Also, Pops & Drops.

U.S. New Home Sales Fell 16.9% In February

U.S. new home sales fell 16.9% to 250.000 SAAR; Consensus was at 290.000 SAAR, prior reading (revised upward 16.000) was at 301.000 SAAR.

Lowest reading on record.

Morning Reading – Wednesday, March 23, 2011

*** FT Alphaville: Has global economic growth peaked? ***
*** FT Alphaville: ‘The Central Bank of Benghazi’ ***
*** FT Alphaville: Egypt reopens for business ***
*** FT Alphaville: Yemen matters ***
*** The Oil And The Glory: Back to Saudi’s fault lines ***
*** The Big Picture: Should You Buy a Home? Looking (Again) at Housing ***
*** self-evident: ESM / EFSF: An Inverted Capital Structure ***


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