By Don, on November 1st, 2009%
Two big names have come out in the last week have come out saying that the market is overvalued again. Both Bill Gross of PIMCO and Jeremy Grantham have published newsletters last week and both make a claim for overvaluations in both the stock market and other assets.
Grantham states fair value for the S&P is at . . . → Read More: Expert opinions
By Don, on October 21st, 2009%
Don’t look now friends but the market staged a late day reversal in the face of very good earnings reports today. As evidenced in the article by Midnight Trader the market turned from up all day to a large drop in the last hour.
If you look at the chart, the S&P 500 is still in an . . . → Read More: Late day Market Reversal