James Altucher versus Dr. Doom (Winner: James)

Many of you will remember last year when we ask Dr. Doom, Nouriel Roubini to take a seat already!  As most of you know Dr. Doom is just that — a Doomster — a perma-pessimist.  Sadly (and mistakenly), because he is always calling for the worst, he is credited with correctly calling the credit crisis and . . . → Read More: James Altucher versus Dr. Doom (Winner: James)

Chart Mysticism

It is always good to get different perspectives on the markets. Bruce Edwards has worked in the refining game for many years, currently with Sabin Metal Corp. As a way of keeping in touch with his former and current clients he has a web site where he posts his Chart Mysticism on the markets.

. . . → Read More: Chart Mysticism

Economic Events on July 20, 2010

At 7:45 AM EDT, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis of retail sales.

At 8:30 AM EDT, the Housing Starts report for June will be released.  The consensus is that construction on 580,000 new homes were started last month . . . → Read More: Economic Events on July 20, 2010