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Each year, some smart people in the nonprofit Truth in Accounting pore over the financial statements of the several states and compare them. We last reported on their findings five years ago when they gave us some utterly depressing news: when you added up what we have, including cash and other assets available to pay bills, and…

The first hour of trading saw the market making another set of new recent lows as it printed down to 20.02 on a couple of occasions with traders looking to test the 20.00 area for support. Having held, there was a sharp reaction driven by short covering which pulled the price back into the 20.20’s,…

There was immediate buying for March’27 this morning as traders looked to punch through recent resistance above 19.00, and their efforts quickly yielded success as the price moved into the 19.20’s. Progress then slowed however the intent remained and by later morning we had extended to 19.37 to give a strong platform from which US…