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What do you call it when, in a bear market, stocks have been falling so hard that investors can't stand the pain anymore? They've already lost, say, 80% of their money. But they sell, because the thought of losing 81% is just something they can't accept?Students of investor psychology call it “capitulation.” Traders call it “puking.” A month after doing it, investors usual Read More »
After a week when investors were reassured by the government's assessment of the banking industry and its latest reading on the job market, Wall Street's focus turns to the consumer. Read More »
HOUSEWORK KNOWS NO RECESSION. THAT'S BAD news for practitioners, but good news for Clorox , whose shares left competitors in the dust last year. The company's stock fell about 6%, to 55, though dividend payments cut the loss to a mere 2%. That compares with a total loss of 36% in the Standard & Poor's 500.Clorox (CLX) is likely to keep outperforming, as the company's brands -- from its signat Read More »
Investors are having doubts about banks' recent profit reports and wondering whether the better-than-expected performance masks larger problems with bad debt. Read More »

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