DFZ
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2/8/11 Midnight Report: Market’s First Law of Bernankity: What Goes Up, Must Go Up
The market rose for the 7th straight day (and the day was so straight that it wouldn’t even look at other days of the same gender, and yeah, that means you Thursday) as earnings continue to be relatively decent (until the speedboat effect of rising input prices catches up with them next Q, which is…
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12/14/10 Midnight Report: Fed Policy Blows, Spits Out Unemployment
The Fed’s monthly statement on the economy was out today and it was more redundant than a repetitive semantic pleonasm and less telling than a gay soldier (though it’s not clear that anyone asked). The FOMC statement was little changed from last month with the headline being that the economic recovery is still eating a…
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11/10/10 Midnight Report: Will Obama be Seoul Man Defending Fed at G20
Marginal macro news, the upcoming G20 meetings, rising commodity margins, and enough uncertainty to make even Heisenberg jealous had the market once again bobbing up and down like Shyla Stylez trying to make her rent. We remain at a confusing time with economic data saying the market should go down (that economic data being a U6 unemployment…
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11/9/10 Midevening Report: As QE2 Hangover Wears Off, Will Market Wake Up in A Pool of Its Own Volatility
It was another lackluster day in the market as investors are still trying to regain their bearings from last week’s quadruple news high of elections, QE2, the jobs report, and Kat Dennings nude photos being released. With all of the excitement of those events more than priced in to the market, investors have spent the…
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Small Company Update: You Down with DFZ?
DFZ recently announced their fiscal Q4 and Money McBags wanted to break it down in more detail as it’s an interesting, underfollowed little company that put up their first bad Q in a while (and Money McBags was an owner until he sold after the “flash crash” as he wanted out of illiquid names more…
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5/24/10 Midafternoon Report: American xenophobes shout “I told you so!” as european fears send US markets tumbling
Stocks were mostly flat today like they had no gaussian curvature or had Heidi Montag‘s singing voice until they took a nosedive over the final 30 minutes of trading. Existing home sales in the US rose by 7.6% and bested analyst guesses thanks to the first time home buyers tax credit, foreclosure auctions, and promises…
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2/10/10 Midday Report: Bernanke’s statement stuns meteorologists, causes it to rain on market’s parade in the middle of a snowstorm
The big news moving the market down today was the statement from Ben Bernanke about the FED’s future policy plans. Bernanke was supposed to testify in front of the House Financial Services Committee but the snow storm in Washington caused the hearing to be postponed giving Barney Frank more time to make snow angels and…
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2/9/10 Midday Report: Greece once again open for business, no longer a Euro school dropout
The market is up strongly this morning after EU Bank president Jean-Claude Trichet decided to leave Australia where he was attending the Reserve Bank of Australia’s 50th Anniversary Symposium which was a party likely as raucous as a staring contest between Bea Arthur and JD Salinger (mainly because they’re both dead). Even so, we are…