ManyPeaks.com

Oh my.. is this what I’m aspiring to be? (click here for article)
Although the study sounds a bit shady, the irrefutable fact is that fear/greed emotions are 100% detrimental to rational decison-making, especially in trading.

I am managing my homeboys’ annual NFL spread betting competition this year. 7 peeps including me are vying for the title of best pseudo-professional gambler. This is my substitute for the individual statistics-based fantasy football that has become all the rage. Our top prize is up in the 4-digit dollar area for the first time. […]

Just added some BECN on a break of $32. Nice pullback in a strong stock, though my entry was about $1.50 less than ideal.. As always, there’s a tradeoff between a higher win % trade versus a better risk/reward profile. I basically let BECN “tip it’s hand” just a bit in return for taking on […]

President Bush looked really weird on my TV this evening. I’ve concluded that he owns the record for smallest “shoulder-to-head size” ratio in modern history.
It literally looked like a caricature was doing the press conference.
So, the question is: Overgrown Head or Midget Shoulders?

eventually come to an end.
At least temporarily.
I am down to only 1 refinery construction stock, TKP. I harvested a bunch of profits yesterday & this morning.. while they are generally chopping and/or pulling back currently, I’d buy them back once they stabilize & begin another up move. I simply don’t enjoy sticking around for the […]

The market is down, but not a ton. and is trading very light volume. I am doing very little. CPI numbers are out tomorrow; I’ll discuss some possible short-term market scenarios this evening.
In this relative downtime, figured I’d share a few stock tickers with you.. with “definitions”:
RIMM - a round piece of […]

As the big money managers hunted for stocks that would benefit from the rebuilding of the Gulf Coast, about the first ones they stumbled upon were the 2 biggest general contractors for installing power & telephone lines: Quanta Services (PWR), and Mastec (MTZ).

This was somewhat unfortunate for me, as they started running before I was […]

Crude Oil has pulled back pretty sharply from the panic highs set following Hurricane Katrina. My Refinery Construction stocks, of which I’ve sold none, are in pause mode for the moment. These are long term plays, so I’m not even considering selling them here.
In fact, a leader in the group that I […]

OK, I’m a stock market junkie. Even on vacation, I couldn’t help but notice that the Biotech sector (represented by the BBH exchange traded fund) was rolling. Genentech (symbol DNA), the biggest & baddest of them all, broke out to fresh all-time highs.
However, in its typical devious fashion, the market has inflicted some pain on […]

Went to my 10 year Paris High School reunion on Saturday night.. It was more fun than I even expected. Good times, and good to see all y’all !
Here’s a shot of Brent Mann & I doing Waylon Jennings little justice in belting out some Dukes of Hazzard on karaoke.
We just some good ole boys..