This headline hit my screen today.. I believe the author’s name was Captain Obvious.
Surge in credit card use could bring more woes
Analysts warned that the situation likely will lead to long-term problems for the consumers, banks and the overall economy.
Ya think? Excessive credit card debt is not anything new. If it were, there […]
Akamai (AKAM) is a true bubble survivor. I can’t claim to understand it precisely, but their business model is apparently firing right now. The profile on yahoo finance is gibberish, read the wikipedia page here if interested.
In a moment that may still haunt some portfolio manager, the stock traded for 56 […]
This idea has been tossed about recently in investment circles… though with far less fervor than the “next Microsoft” talk of yesteryear.
I’m betting that it has some merit.
As I undertstand, worldwide water usability statistics are really scary. Supposedly the pollution scene in China is horrendous. Potable water will (again, supposedly) get scarcer […]
No we’re not betting the farm on any single stock..
Looking through our holdings, I’ve now unintentionally established positions in 3 positions that only Darth Vader (or this freak) could love:
Imperial Industries (IPII)
Imperial Oil (IMO)
Imperial Sugar (IPSU)
Quite random…
Long imperialism ?
The market appears to be in real trouble now. There isn’t a bid under much of anything. Even the oil service index OIH is getting smacked and looks toppish.
I seem to be hearing much chatter dismissing this action as “typical summer selling.” Seasonality probably is playing a role, but that doesn’t make […]
I have always believed that the earliest, most reliable evidence of a material slowdown in the consumer economy would come not from any government stats or guru prognostications.
Because it represents the collective bets of investment managers with access to great information, the stock price action of Capital One (COF) will be my tell.
This breakdown […]
Hey, it beats the tar out of unconscious incompetence.
In addition to a great charting and scanning service, my TeleChart subscription delivers a daily article/opinion/manifesto that gets selected for publishing from a horde of TeleChart clients’ submissions. Many clients consider it an honor to be published, and the company even sends each “knighted” […]
Before discovering TradeLog software, I used to match trades manually using Excel. My Schedule D was an annual nightmare. As I toiled into the night during early April, I always wondered why virtually no brokerages provide actual tax lot accounting for their clients. They made the trade.. they have the necessary information.. and they […]
FWIW..
One trader whom I respect immensely, James “RevShark” DePorre, has started posting his nightly reviews of market action and index charts for free.. at least temporarily.
Here’s the link.
There’s also one other location where Rev’s commentary can regularly be found.
Sold Google short today on this breakdown out of a huge triangle. It “should have” bounced at the bottom of this pattern with that hammer on earnings day.. That bounce failed miserably.
The stock hasn’t made a new high since January, and there are lots of folks underwater on their GOOG investment […]