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Daily Archives: January 5, 2009

A Group to Watch

January 5, 2009
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There’s a group to watch this week and next.  I’m talking about education stocks, which we’ve written about regularly in many of investment advisories, including this one.  While December was a quiet time for most indexes and stocks, it allowed many groups to build basing structures–I’m talking about multi-week bases, where stock gets transferred from weak hands to strong hands–which could propel them to gains in 2009. Education stocks are no exception, with stocks like Apollo (APOL), DeVry (DV) and Strayer Education (STRA) all consolidating relatively quietly in recent weeks.  I wouldn’t say the group is strong … but...

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Job-Hopping is History as Tough Times Take Hold

January 5, 2009
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As my two daughters came home during the holidays and reconnected with old friends and classmates, it slowly became clear to me that many of these young people, mainly college-educated, are unemployed, and about this I have a few thoughts. One, times are tough.  Companies are thinking more about laying off than hiring. Two, many of these young adults have skills that are rather loosely defined.  When the economy was booming, their liberal arts degrees might have been the ticket to employment as real estate agents or car salesmen or even bond traders, but now their prospects are bleak....

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