Biderman’s Daily Edge 2/3/2012: Is BLS Data Skewed?

Feb
03

The biggest headline for all financial media today is that the US economy added a much more than expected 243,000 jobs in January, and 446,000 jobs over the past two months. That is many more new jobs than our estimate of less than 50,000 for January and our estimate of 90,000 for December and January… Read More

Schnapp’s Macro Musings 2/2/2012: U.S. Created Only 45k New Jobs in Jan. But ADP Says 170k. Who’s Right?

Feb
02

The battle lines are drawn. On Tuesday, January 31st TrimTabs released its January jobs estimate that showed the U.S. economy added only 45,000 new jobs. Today, ADP released its January jobs estimate pointing to job growth of 170,000 new jobs, nearly 4 times TrimTabs estimate. In addition, the consensus estimate for the BLS report this Friday is for 150,000 jobs. The battle lines are drawn. So who is right? Read More

Biderman’s Daily Edge 2/1/2012: Gold & SIlver ETFs Getting New Money Again

Feb
02

I recommend buying silver as well as gold and both for the same reason. The US, Europe and Japan are all printing more and more new money to paper over ongoing budget deficits. Given that there is little chance that deficit spending will stop anytime soon, that’s why, I recommend buying both gold and silver on a dollar cost average basis… Read More

TrimTabs Says U.S. Economy Adds Just 45,000 Jobs in January

Feb
01

Weak Employment Growth Here to Stay due to Lackluster Demand and a Deleveraging Consumer More Intent on Saving Rather than Spending.

Sausalito, CA – February 1, 2012 – Sausalito, CA – The U.S. economy added only 45,000 jobs in January, nearly unchanged from the 38,000 jobs added in December, reports TrimTabs Investment Research.

“The weak job growth in January has us concerned,” says Madeline Schnapp, Director of Macroeconomic Research at TrimTabs. “It appears that the economy has hit stall speed due to lackluster demand and a deleveraging consumer who would rather save than spend.” Read More

Biderman’s Daily Edge 1/31/2012: Feeling Like a One-Eyed Man in the Land of the Blind

Feb
01

Sometimes I feel like a one eyed man in the land of the blind. We track real time data and I ignore almost all government initial guesses as to employment and income, other than to laugh and chuckle. I get most frustrated these days when I watch a market strategists and economists on TV make bullish predictions going forward based upon recent government data… Read More

Insider Trading Probes Under Way on 3 Giant Takeover Bids: Clorox, NYSE-Euronext and National Semiconductor

Jan
31

By Dan Dorfman

Dan DorfmanDorfman And Dollars
Dan Dorfman follows the dollars and sense of the markets 

It’s hardly a shocker when it comes to the street of greed! That is, more insider trading scandals could be coming Wall Street’s way, following the recent arrests of seven traders and analysts involving that illegal practice… Read More

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Biderman’s Daily Edge 1/30/2012: Keep Buying Gold, US Stocks in Bear Market Priced in Gold

Jan
30

I continue to recommend buying gold on a dollar cost average basis. Gold is just beginning a long term bull run and most individuals are still not aboard this train. The Federal Reserve announced last week that this weak economy will force them to keep short-term interest rates exceptionally low until 2014. In addition, while there was no mention of QE3, I think it is almost certain that the Fed will add another round of quantitative easing (QE) sometime soon… Read More

Biderman’s Daily Edge 1/26/2012: US Government Will Go Bankrupt Unless Laws Change

Jan
27

Many of you viewers as well as many Wall Street professionals deep down inside believe that deficits do not really matter. We have almost always had deficita and we will almost always have deficits in the future. Big deal, deficits. The reality is that the US governments deficit is so big and will be getting much much bigger as we have to borrow more and more each year to pay ever increasing medicare, social security and government pensions and benefits… Read More

TrimTabs Says Fed’s Currency Swap Program with ECB In Reality Back Door Bailout of Eurozone Banks

Jan
26

Fed/ECB Swaps Hit $103 Billion, One-Sixth Size of QE2

Sausalito, CA – January 26, 2012 – TrimTabs Investment Research says that while Fed Chairman Bernanke has stated that the Fed has no intention or authority to bail out Europe, the Fed’s aggressive expansion of its balance sheet, suggests otherwise.In a research note, TrimTabs explained that the European Central Bank (ECB) tapped the Federal Reserve’s liquidity-swap window for an additional $11.0 billion in the week ended January 19, bringing the outstanding balance to $103.3 billion… Read More

Elaine Garzarelli Still Go-Go on Stocks, But Bears Cite Land Mines, Galore

Jan
26

By Dan Dorfman

Dan DorfmanDorfman And Dollars
Dan Dorfman follows the dollars and sense of the markets 
 
It’s another one of those spirited bull-bear market duels, a fight between institutional investment adviser Elaine Garzarelli, who, more often than not, is positive on the stock market, and the bearish fraternity.

The veteran market analyst, who dazzled Wall Street in the 1980s and early 1990s with a series of on-the-money market forecasts, predominantly bullish, currently doles out investment advice to about 100 pension, mutual and hedge funds, which manage aggregate assets of more than $1 trillion. A Garzarelli client, on average, runs minimum assets of $150 million. Read More

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Charles BidermanCharles Biderman is the Chairman of TrimTabs Investment Research and Portfolio Manager of the TrimTabs Float Shrink ETF (TTFS)

Biderman’s Practices of Success

I recently launched a new online course, Biderman's Practices of Success, on Curious.com (curious.com/charlesbiderman). The key to the practice of success is to be fully present in the moment and to be totally engaged in the important areas of life, particularly when we do not want to be. Read More.

Mr. Charles Biderman is an associated person of Trim Tabs Asset Management, LLC, an SEC-registered investment adviser. All opinions expressed by Mr. Biderman on this website are solely those of Mr. Biderman and do not reflect the opinions of Trim Tabs Asset Management, LLC, Trim Tabs Investment Research, Inc., their affiliates (collectively, “Trim Tabs”), or any other associated persons of Trim Tabs. No part of Mr. Biderman’s compensation from Trim Tabs is related to opinions which he expresses on this website, elsewhere on the internet, or in any other medium.

You should not treat any opinion expressed by Mr. Biderman as a recommendation to make an investment in any company discussed or cited in any of his postings. Mr. Biderman’s opinions are based upon information he considers credible, but which does not constitute research by Trim Tabs. Neither Mr. Biderman nor Trim Tabs warrants the completeness or accuracy of the information upon which Mr. Biderman’s opinions are based.

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