Stocks pare earlier losses after new European easing measures and signs of improvement in the US labor market.
Oracle is upgraded to 'outperform,' and Medivation is initiated with a 'buy.'
Retailers are downgraded at Citigroup, and News Corp. is upgraded to 'buy.'
Not all heavily shorted stocks are to be shunned.
NetApp is downgraded to 'sector perform,' and retailers are initiated at UBS.
As of last year, China had more than a million millionaires -- and not only do they love to shop, they adore brand names like Louis Vuitton and Chanel.
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'We're not exactly in a uniformly strong market,' says the notably pessimistic newsletter publisher.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
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