With Saturday being Independence Day here in the US, Controlled Greed is declaring victory and taking Friday off. We hope all our Canadian readers enjoyed a great Canada Day on Wednesday. Here are five items you might wish to check out over the next three days. The jobs report was a downer, showing US unemployment at 9.5%. The Lex take in the Fina

Click chart to ENLARGE.If a rising tide lifts all boats, then does a tsunami sink them, too?Here's a Stockcharts "Candleglance" of a number of Asian area investments. Where do they stand relative to each other and to the 20 and 50 period moving averages?Most are above the 50 period averageMost are similarly below the 20 period average.India, Malays

It is a bit quiet on the Canadian Money Forum this week owing to the holidays but check out this thread that contains some excellent posts on the basics of bonds. Voting for the “best of the blogs” continues on the Globe & Mail website. iBankCoin, a blog liberally sprinkled with four-letter words is a runaway winner at 533 votes b

The Wall Street Journal: Overstock.com Inc. informed its marketing affiliates in four states — California, Hawaii, North Carolina and Rhode Island — that it is ending its business with them to avoid collecting sales tax. Lawmakers in the states have passed or are preparing to pass legislation that would require companies to collect sal

Click charts to ENLARGE.Almost thirty years of medical practice does something to you. It makes you really tired.The SP500 acted tired this week, too, with end-of-day and end-of-week weakness. Not exactly rampaging bull market action. The bulls couldn't hold 900 on the SPX and 889 comes readily into the target zone._________________________________

Above is a daily chart of the S&P500 and as you can see there is a head and shoulders pattern developing. A move below last month's low will confirm the pattern suggesting lower prices for the stock market in the days and weeks to come.Below is a weekly chart of the S&P500 and in the lower pane is the stochastic indicator. As you can see th

If I told you that I had just filed a patent for “a system to sell equity in domain names”, I’d expect you to laugh at me.  I haven’t ranted and raved against software (and business method) patents for a while because I got bored of doing it.  The PTO has gotten so far behind on responding to patent applications that the whole not

Video of the latest flying contraption by DARPA, the Pentagon's hyper-strange research lab. Darpa, the Pentagon's advanced-research unit--AKA, the place where they develop Men In Black technology--is working on a flapping robo-sentinel. Aerovironment, the company that's been developing the gadget, just revealed video of the progress they've made, w