Friday, July 3, 2009

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Barron’s Confidence Index Indicates Bottoming for Equities. "However, in the short term I still maintain it is quite likely that markets could consolidate further and possibly retrace more of the prior gains." Prieur du Plessis on Seeking Alpha

The stock market's short-term technical picture is definitely turning bearish. Kevin's Market Blog

Why Big Oil Declined Iraq's Riches: Energy companies were put off by the prices demanded by the Iraqi government, and by continuing concerns over the security situation in the country. TIME

A Tennessee man is facing charges of aggravated sexual exploitation of a minor for affixing an image of a child's face to an image of an adult woman's body. CNN.com

face ripper [fays rip-per] - noun. 1. a market advance with extreme intensity, so much so that it takes skin and hair along with it from the facial area. Difficult to detect in advance, but upon arrival the feeling is instantaneously recognized. 2. a common situation typically experienced by those that are "short in the hole". Team LBR

David Swensen Changes His Portfolio Allocations. "due to economic conditions" Swensen lowered REITs from 20% to 15% and raised Emerging Markets from 5% to 10%.

Manhattan apartment prices drop for first time since 2002. Median price drop 18.5%. Bloomberg

Chewing Gum Sculptures by Maurizio Savini

23% of Americans cannot name a single scientist, living or dead. virology.ws

Canadian HIV vaccine ready for human tests. CBC.ca

Sign of the times: NYSE Cuts Trade Times to 5 Milliseconds, but even after the speed boost, continues to lag behind competitors. WSJ

Beneficial to young and old: Cultivate the Rainier Beer habit.

Gold Lags the Euro. Don't Ignore This Chart!

Summer Retail Gasoline Prices Have Peaked, AAA Says. That's a pretty bold prediction! Bloomberg

Stimulus Spending: Breakdown by States. Scroll down for graphic. WSJ

Photos of jewelry by design student Anna Schwamborn, made from the hair and cremains of deceased loved ones.

US has noooo money for California, but they do have $2.775 billion for Israel, the Pirates of the Mediterranean! Campaign For Liberty

Seeking Real Estate Exposure? Consider the Timber ETF (CUT). It should also be noted that lumber futures have excellent trending characteristics, and this appears to be carrying over to CUT. The ETF's trading volume is light, but acceptable, and improving. Carneades on Seeking Alpha

Live graph of download traffic for Firefox 3.5. Looks like we will hit 10M downloads some time this weekend. Mozilla.com

A tough way to wake up: Man stabbed while sleepwalking. Kansas City Star

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