From Efficiency and Job Destruction to Innovation and Job Creation at Hertz

This is an excerpt from an article I originally published on Seeking Alpha on December 13, 2011. Click here to read the entire piece.) In a healthy economy, job creation often accompanies job destruction. Resources freed in one economic activity get redirected to new sources of economic growth. This can happen when consumers take the … Read more

“There Is No Risk of Inflation in Switzerland”

This is an excerpt from an article I originally published on Seeking Alpha on December 15, 2011. Click here to read the entire piece.) In its latest monetary policy assessment, the Swiss National Bank (SNB) “reaffirmed its commitment to the minimum exchange rate of CHF 1.20 per euro.” The SNB also gave its sternest warning … Read more

T2108 Update – December 13, 2011 (Yo-Yo’s Bearish Bouncing)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 35% VIX Status: 26 … Read more

Pairs Trade Triggered As Cisco Soars to 17-Month Highs Versus Juniper

This is an excerpt from an article I originally published on Seeking Alpha on December 9, 2011. Click here to read the entire piece.) Juniper Networks (JNPR) is suddenly plunging again. In three days, JNPR has lost 17% and is retesting November’s lows. Source: FreeStockCharts.com Over this same period, rival Cisco Systems (CSCO) has essentially … Read more

T2108 Update – December 9, 2011 (Back to Waiting)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 59% VIX Status: 26 … Read more