Home > Daily Reading on the Financial Markets, Financial Ponzi, investing, Stock Market > Daily Reading on the Financial Markets: 5/21/12

Daily Reading on the Financial Markets: 5/21/12

From Zero Hedge, some Facebook 3-year trends that make its prospects look more like MySpace and less like a younger Google.

At PragCap, Lance Roberts thinks there’s more downside to come, and says to sell any rally back to the 1350ish area.

At Advisor Perspectives, John Carlucci looks at the percentage of S&P 100 stocks over their 200 day moving average, and sees grounds for continued caution.

At Minyanville, Peter Prudden believes equity markets are about due for an oversold rally.

There has been much talk about the risk of a “hard landing” in China.  From Zero Hedge, commodity buyers/speculators may be giving hints that a hard landing is indeed en route.

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