The Dividend Growth Investor is a quality blog.  Unfortunately, defensive (read: dividend) stocks are richly priced (Globe and Mail).

The world is changing fast as worldwide PC shipments fell 13.9% compared to the same quarter in 2012 (IDC).  Smartphones and tablets…

A look at Apple at Business Insider.  Dan Niles makes the negative case (CNBC Video).

Intel: Anatomy of a Tech Value Trap by Josh Brown.

Ebay:  ““We had a strong first quarter, with accelerating user growth across both Marketplaces and PayPal…said John Donahoe, eBay’s president and chief executive, in a news release. “Technology is creating a commerce revolution, and we are in the forefront with strong mobile leadership and a focus on helping retailers and brands engage consumers anytime, anywhere….fixed-price merchandise, as opposed to its original auctioned merchandise, is now 68 percent of all goods sold.”

GM Is Radically Improved. Stock Could Double.  Sum Zero

The European Gold Forum was this week, though interest ought to be low in these three days of gold stock presentations.  Physical seems to be selling briskly (shtfplan).

Fed and Bank of Japan caused gold crash:  “Commodity prices have been falling since September, culminating in a rout over the past two weeks. That is a classic warning for the global economy”  Ambrose is more grumpy than normal at The Telegraph.

“This screen finds energy firms with good long-term prospects despite short-term challenges.”  Morningstar

“Chevrolet says the diesel version of its Cruze compact sedan is rated 46 miles per gallon on the highway, best of any non-hybrid car.” (USA Today).  Meanwhile, U.S. production:


“The principal reason for their bullishness on the outlook for the US economy is  the surge in oil and gas production from so-called “shale” deposits, which has in turn driven  a sharp fall in US prices of both commodities relative to the rest of the world.”  Financial Times

“In fact, a new study by the consulting firm AlixPartners estimates by 2015 the cost of outsourcing manufacturing to China will be equal to the cost of manufacturing in the U.S.”  CNBC

Unmistakable signs of growth and recovery says Scott Grannis.

Remember, the market and economy are not one and the same.  Signs of Risk-Off Prevalent at Charts Etcetera.