If You Where a Stock, Would You Invest in Yourself?
I am serious, this is an incredible exercise! Stock pickers and Investors will not buy stocks that do not control their spending, have a lot of debt and fail to plan properly. When I was a Financial Planner, I would often have clients that made a lot of money, but they where a mess with their finances. They wasted a lot of money on fancy cars, expensive vacations and homes that where much bigger than what they needed. There is absolutely nothing wrong with expensive material things, but only if you can... Continue Reading
Submitted ByContrarianProfits
The Canadian Markets continued to march off their 2008 bottoms during the first day of trading in 2009. For the tale of the tape, the TSX Exchange added 2.74%, while the TSX Gold Index was the lone loser falling 2% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked...
Submitted ByTim Price
“A fool and his money are lucky enough to get together in the first place.” - Gordon Gekko (Michael Douglas) in the film ‘Wall Street’. First, a happy new year to all readers. There was a fitting circularity to 2008,...
Submitted ByMichael Michaud
I hope you had a Merry Christmas and a Happy New Year. It seems we had a mini Santa Claus rally this Holiday Season. I went long some stocks and did ok over the holiday. I am looking for the market to start selling off again anytime soon, but then again it could keep going back also. Right now in...
Submitted ByTrader Mark
Year 2, Week 22 Major Position ChangesFund positions of 1.0% or greater can be found each week in the right margin of the blog, under the label cloud and recent comments areas; I highlight weekly the larger position changes.Being a long only fund, via Marketocracy rules, the only hedges to the...
Submitted ByTrader Mark
Occasionally you get a thesis correct, but can't seem to find the horse to profit from. I've been on the pawn shop bandwagon since mid summer since I thought the economy would be far worse than the punditry. [Jul 24: Cash America (CSH) and EZCORP (EZPW) Both Report Today - Starting Small Stake in...
Submitted ByTrader Mark
Take that Obama! 2 stimulus plans in 1 month. Singh! Singh! Singh! (not quite so fun to chant as 'O-bam-a') I'm watching India just because it appears no one else does, in their love affair with all things China. Plus the banks are kicking tail of late [Dec 29: India Banks Perking my Interest...
Submitted ByJoshua Hayes
Today sure did seem exciting didn't it. I mean all over the boards and TV I saw the same headline of "the bottom is in." My question is "do these people ever look at volume" or are they just blinded by price action alone. I guess this method works for short-term traders that have USUALLY poor...
Submitted ByDavid Templeton
When I picked up the Wall Street Journal today and began to read Blame Television for the Bubble on the Opinion Page, I thought the editorial was going to be a parody on television and its contribution to creating the housing bubble. To my surprise, I was wrong.
The author of the editorial, Jim...
Submitted ByTrader Mark
I've been jettisoning some names this week to make way for new kids on the block; or in some cases, old friends we've once owned. I am still working through a lengthy list of newer Obamamania stocks; some of which are very alluring - but below are names I like from a fundamental basis, that I've...
Submitted ByTrent Hamm
After writing this, I’m pretty sure that this article will stir up some potentially intense comments. I encourage disagreement with my take on this situation - just keep it polite towards me and especially other commenters.
For those of you who haven’t heard the news yet, on February 10, 2009,...