Biderman’s Daily Edge 4/9/2012: Prices Should Fall This Tax Season


US taxpayers in April 2011 sent $140 billion to the US Treasury. While I have no idea how much taxes will be paid this April, I am pretty sure that billions of dollars in stocks still will be sold to pay taxes. That should keep pressure on stock prices the rest of this week, everything else being equal.

The biggest story today is that the financial markets were shocked, shocked that Friday’s jobs number was disappointing. After all, the Bureau of Labor Statistic had been guessing that an average of 250,000 new jobs were created each month, after seasonal adjustments, from December to February. Over that same time frame there appeared to be an improving trend in weekly new unemployment claims…Read More

ActiveBear’s Love Affair With Troubled Stocks


By Dan Dorfman

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

It never fails. Stock market rallies always run out of steam. So you don’t need an Einstein IQ to recognize that at some point–please don’t ask me when–the current rally will also fizzle and prices of lots of overbought equities will slide, leading to a speedy erosion of the profits generated during the S&P 500′s 29% rise over the past six months. In fact, the market’s down action in recent days could be a hint that such a process may already be evolving. So for sure, you want to avoid stocks that can butcher you in a falling market… Read More

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TrimTabs Says U.S. Economy Added 187,000 Jobs in March – TrimTabs Three-Month Average of 172,000 New Jobs is 30% Less than BLS’ 245,000


Sausalito, CA – April 4, 2012. TrimTabs Investment Research estimates the U.S. economy added 187,000 jobs in March. In the past three months, TrimTabs says, employment growth has averaged 172,000. Meanwhile, the consensus view is that the U.S. Bureau of Labor Statistics (BLS) will report 200,000 new jobs on Friday for a three-month average of about 245,000.

TrimTabs’ employment estimates are based on an analysis of daily income tax deposits to the U.S. Treasury from all salaried U.S. employees. They are historically more accurate than initial estimates from the BLS…Read More

Biderman’s Daily Edge 4/3/2012: Corporate Income Taxes are Horribly Destructive


The Unites States now has the highest corporate income tax globally. Congratulations. Corporate income tax is the worst, most capital and value destroying tax of all types of taxation. And we are the leaders.

To understand why corporate income tax destroys capital over the long term; you need to first to understand that all there is in a corporation are people; nothing other then people managing and working at growing a business. A corporation is just the name of a group of people working together to provide goods and services for sale. This might be a shock to some, but all corporate employees pay income taxes on whatever they make. Similarly shareholders pay taxes on the income they get from a business via distributions…Read More

Biderman’s Daily Edge 4/2/2012: Stocks Will Be Bipolar This April & May


April and May were bipolar months for stocks each of the past two years. And I expect the same bipolar behavior this coming April and May. April historically is a strong month for stocks and should be as well this year. The main reason is April is the second biggest month for inflows into stocks after January. Why? Read More

Biderman Talks Rigged Markets with Martenson


Bloomberg TV: Biderman on U.S. Economy, Stocks, Investment


TrimTabs Talks Shop with James Bianco in 3-part Series


Part 1: Is QE 3 Coming?

Part 2: Money Printing Leading to Inflation

Part 3: Warm Winter Boosting Job Numbers

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