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Europe trumps earnings

Second quarter earnings have been pretty good so far and we hadn't been seeing the typical mid-July "sell the news" reaction this year, but troubles in Europe with Spanish yields rising well above 7% on Friday, a new high in the euro era, and stocks backed off.



Here are the TSP fund returns for the week of July 16 through ...

Most “likes” on Facebook corporate pages could be fraudulent...

By Jack B. Winn



According to the security firm Sophos, most “likes” on Facebook corporate pages such as Ford, GM, Krispy Kreme and others could be fraudulent.

"Spammers and malware authors can mass produce false Facebook profiles to help them spread dangerous links and spam, and trick people into befriending them" ...

7/20/12

Stocks bounced around quite a bit on Thursday as investors are as uncertain as the indicators are telling us they are. The Dow gained 35-points but that was nearly 70-points off of the day's high, and it was also in negative territory at 3 or 4 different occasions during the day.

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TSP Talk Sentiment Survey results for the week of 7/23/12- 7/27/12

The TSP Talk Sentiment Survey came in at 48% bulls, 42% bears, for a bulls to bears ratio of 1.14 to 1. That is a buy signal which means the system will remain 100% S fund for the week of 7/23/12 - 7/27/12.

Bull market rules have been in effect since the week of 1/09/12:

See latest survey results

To discuss or comment on the Sentiment Survey, go to Sentiment Survey Talk
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7/19/12

Stocks opened sharply lower on Wednesday, but buyers stepped up immediately and never looked back. The Dow gained 103-points by the close. ...