[8:32am ET] The public continues to receive solicitations from stock-tipping newsletter writers professing to be expert in some subject matter or other. I received one yesterday that was headlined,
Related Posts
- December 5, 2023
- By Bill Cara
- In Help you invest
- Comments Off on Interfield Global Software Inc.: Revolutionizing Industrial Data Management
- November 29, 2023
- By Bill Cara
- In Help you invest
- Comments Off on $GOLD is soon to make history
- November 22, 2023
- By Bill Cara
- In Help you invest
- Comments Off on Analyzing the Recent State of the Global Economy
- November 22, 2023
- By Bill Cara
- In Help you invest
- Comments Off on How Helpful is AI for Me?
- November 22, 2023
- By Bill Cara
- In Help you invest
- Comments Off on Navigating the Boundaries of Knowledge: OpenAI, Microsoft, and the Copyright Conundrum
- November 21, 2023
- By Bill Cara
- In Help you invest
- Comments Off on The Evolution of Work in the Age of AI, Automation, and STEM: A Journey of Exploration and Discovery
- November 19, 2023
- By Bill Cara
- In Help you invest
- Comments Off on “The Maverick Investor’s Handbook” v.21 draft is available.
- November 16, 2023
- By Bill Cara
- In Help you invest
- Comments Off on Walmart (WMT) Quarterly Report for Maverick Investors (Updated post-release of earnings)
I’m off to jury duty once again and will miss my econ-fix.
Seriously, while jury duty is a privilege as well as a duty and serious judgment a necessity to maintain a free and just society, it can be greatly depressing.
This is my first criminal case (5th time altogether) and a real downer to learn what some are capable of doing to others.
Sad.
“Associated Press BEIJING — Chinese translations of U.S. President Barack Obama’s inauguration speech posted Wednesday on popular online portals were missing his references to communism and dissent.”
MicroSoft and others have long cooperated with the Chinese government in what gets through.
I guess Gates needed more money.
Geithner may be very well qualified and even basically honest (rare combo these days it seems), he may be the best man for the job…
but the issue of trust is major right now and many taxpayers see this as a case of “when the IRS came after me” vs how his “mistake” is treated.
In the spirit of taking some profits off the table, placing a buy to cover limit order on FAZ at $42 for 1/2 of the shares I shorted at $84 on Tuesday.
Moving it down to 3.90, for all the shares I purchased last week (which had the average cost of about 3.90). I just want to be out of UYG (on some strength). From now on, I’ll be shorting FAZ on each weakness in financials.
Working link:
http://tinyurl.com/bw7ux8
“Merrill Lynch took the unusual step of accelerating bonus payments by a month last year, doling out billions of dollars to employees just three days before the closing of its sale to Bank of America.”
Just a small warning to those who rely on Snopes for a go-to fact checking site… in the areas of medicine and genetics, specifically relating to complex issues, on at least two occasions I have discovered this site to be, at best woefully inadequate, and at worst… just plain wrong. I found their sources to be circuitously referencin and suspiciously one-sided to the point of not acknowledging current, prodigious, and highly relevant research in direct contradiction to their conclusions. On both occassions that I located erroneous statements, I followed every citation and link provided… and then followed the links provided… Read more »
Thankyou for the info Old Goat.
Our society will be on the upswing and our industries will rise up again when our music is once again remarkable. Look at a LONG term DJIA or S&P chart…it tracks the quality of USA music.
Don’t bother going long on too many USA stocks until American songs are again enjoyed world-wide. This makes no sense…but you heard it here first.
I think not:
http://meganmcardle.theatlantic.com/archives/2009/…
I’ll use the same technique (using the Alt-PrtSc key in Windows to copy active window to clipboard, then pasting into a graphics application and saving as .gif file) from now on. More work than simply using IB’s “save chart to file” feature, but the much higher quality of resulting image file is worth it.
http://tinyurl.com/8j5fva Pay freeze on senior white house economic staff. ‘its a mark of your commitment to public service’ Video address to his staff http://tinyurl.com/bv8vu9 wow! kudos! my friends of color always tell me they are more afraid then hopeful of the job he will do because if he fails, he would ruin the liklihood of future leadership for all African Americans, and non “white” citizens of the U.S. This was actually the only reason I voted for him. I knew that he would be the most difficult man to corrupt. because when the lights go out and he is alone,… Read more »
man, this guy is the man. i hope he has the ability to do away with special interests because they are the downfall of any society.
http://tinyurl.com/cxtjfd
Hopefully Silver Wheaton mgmt can provide good news with rising silver and additionally, updates on renegotiating their debt.
“A conference call will be held Thursday, February 19, 2009 at 11:30 am (Pacific Time) to discuss these results. To participate in the live call use one of the following methods:”
Dial toll free from Canada or the US: 1-888-280-8771
Dial from outside Canada or the US: 1-416-695-9761
Dial toll free from parts of Europe: 1-800-4222-8835
Thanks NYU, SLW is one of the stocks I follow prety closely.
Anyone have the time to do a quick TA on this stock. I’m working on my TA but am a long way from trading on it. Valuation looks good and I am bullish on OIL.
FD Long PXP @18.70 Long CLB @63.80
OK. I think I’ve figured out a much better way to save and post charts from IB’s Trader Workstation. Would someone please take a look at these two images and tell me whether they are readable and whether there is an appreciable difference in image quality between them? One is in .jpg format, and the other is a .gif file; the .gif file is much smaller and should load very quickly. Both charts display ESH9 S&P futures trades from earlier today. TIA. ~OG
They look great OG
Up $7.87 in after hours trading.
http://tinyurl.com/aa5cg3 WASHINGTON, Jan 21 (Reuters) – A U.S. House of Representatives panel on Wednesday backed a $358 billion package of new government spending, the first key test for a massive Democratic plan aimed at boosting the ailing U.S. economy. The House Appropriations Committee voted 35-22 to approve the spending, part of an $825 billion package President Barack Obama has sought to help the economy, which has been in a recession since December, 2007. The tax-writing House Ways and Means Committee and House Energy and Commerce Committee are scheduled to consider their portions of the stimulus package on Thursday. (Reporting by… Read more »
NYU, it will be very interesting to see if this new bailout package makes it’s way through Congress any better then the first package. …and, will the market tank after it is passed.
Congratulations Bill, your blog is one of the best. It certaintly is #1 in my book.
Thanks for all that you provide to the community.
http://www.247wallst.com/2009/01/it-has-been-ove.h…
Good catch tonvol Congratulations Bill!!!
If/when it comes, will fuel the rally…I don’t see it yet, but it’s surely coming. For those who don’t think sentiment is sufficiently negative, let me ask what it would take to convince you: DJIA 5000? or 11000? What if it hits 11000 before it drops to 5000? If one is able to trade that one swing (correctly), might it not (ultimately) be equivalent to 10-20 years of buy and hold?
I have feeling that we will hit 9000 soon before it goes down again
and I can not be wrong all the time?
vinod – I was thinking the same thing earlier. Just a feeling we both have.
“Yesterday’s action awakened the Dow Theory. Here’s why — the Transports closed BELOW their November 20 low of 2988.99, but the Industrials refused to confirm, holding above their bear market low (Nov. 20) of 7552.29. Thus, we had a downside non-confirmation from a market that on the surface appeared to be “falling apart.” The trillion dollar question now lies directly ahead. If the Industrials continue down and confirm the new low in the Transports by violating 7552.29 (see INDU chart below, green line), this will be a re-confirmation of the bear market and will suggest that the market is headed… Read more »
Jeff Saut’s take.
http://www.raymondjames.com/inv_strat.htm
milesquare
Any chance you could post those graphs?
I’ll give it a try
Thanks for the charts miles.
more than welcome.
I post these comments because Dow Theory Books are some of the best I’ve read.
Simple, logical, and has It has been rarely wrong since Dow created it +100 years ago.
7500 is the line in the sand for The Dow. If it breaks that.. Uncle Chuck may cringe in his grave
Lets hope this bounce turns into something more real ……and gets north of Dow 9250
North of 9250 would be great but first it has to hold 8200 imo.
Your 2 charts came up blank for me. Doesn’t that just get your goat?
Bear E
Please let me know if these charts show up better. I’ve dropped color info and tweaked them a bit. Same info as before. My IB charts look great on screen, but when saved to a .jpg file, the colors get screwed up somehow and the size gets shrunk. Not my doing. Sorry.
OG
I see both sets of charts, I find the first colored charts easier to read, B&W is difficult, can’t see the candle sticks. Not sure why you say the size is being cropped, are you saving full size to your desktop and then uploading to Bill’s server??