Felix Salmon submits:
Yesterday I questioned the wisdom of retail investors buying bonds in this market, and boy did I get an earful back, especially from many of the commenters at Seeking Alpha. They accused me of not drawing the distinction between Treasuries and credit, and of not appreciating the record spreads being seen in [...]

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Cerner Corp. (CERN) – Recent hints that President-elect Obama would drag hospital and doctor’s office technology into the 21st century have done wonders for Cerner – a specialist in providing infrastructure in this field. With its shares 1.9% higher at .95 to close the year, option traders raised a flag today with a 10,000 lot [...]

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James Picerno submits:
Two-thousand-and-eight is gone — and good riddance. But the blowback will be with us for some time, on a number of fronts. And that starts with reviewing the previous 12 months.
As our first table below shows, red ink was spread far and wide in 2008 in almost everything other than cash and [...]

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Phil Davis submits:
It’s very strange coming off a holiday right into a Friday.
Traditionally volume on a day like today is anemic, but we actually had a pretty strong volume day (comparatively) on Wednesday, the strongest in the past week, which is a good way to break those 50 dmas we discussed in our Big [...]

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John Jansen submits:
Prices of Treasury coupon securities have registered modest gains in overseas trading as the markets greet the new trading year quietly. Economic data released in the overnight session suggest ongoing economic weakness around the globe. Manufacturing appears particularly weak as the New Year beckons.
In Australia manufacturing contracted for the seventh month in [...]

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