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Quint over at Tickerville.com has a comical post up called “You Know You’re a Trader When…” I can relate to several in the list.
While discussing my guilt, might as well note that while it’s simply over-the-top, there’s a little part of me that would enjoy owning this monster 24-screen trading setup:

I’m not sure I’d […]

The government’s Non-Farm Payrolls report showed a drop in employment for the first time since 2003. Another confirming indicator that the path of least resistance is down, both in the economy and — for now — the stock market.

I’ve been put off by Jim Cramer’s drama for many years. He is flat out annoying.
Just came across a memorable segment from CNBC’s show Fast Money thanks to venture capitalist, shrewd stock trader (and extremely witty guy), Howard Lindzon.
[youtube:http://www.youtube.com/watch?v=NVeBzkVgaik]
I remember the mid-2007 episode, watching Cramer pathetically challenge Eric Bolling (an outstanding, smart oil/energy trader) […]

The scorecard (and chart) of client account performance versus the indexes is now updated. Check the upper right part of ManyPeaks.com for that information..
Also to report is Teewinot’s office move into my & Elizabeth’s home here in Lexington. It certainly helps lower my overhead and has been convenient as well. Ironically, our […]

I know you’ve gotten some of this junk in your email inbox.

With news that the SEC is coming after the newest generation of ridiculous penny stock hypsters, I couldn’t help but recall the days at my last employer when these things came streaming in.. on the fax machine! (They somehow always landed on my desk […]

Watching the daily Wallstrip.com video is an enjoyable part of my routine. You can find these videos on the sidebar of ManyPeaks.com
In a fun 3-5 minute nightly segment, host Lindsay Campbell finds, details, and usually mocks a timely cultural trend. Then she relates it to the stock trading world. I love supporting […]

Thomas Peterffy, founder of Timber Hill and Interactive Brokers, reminds me in this missive how important the “other half” of any investment decision can be.
The concept goes all the way back to Corporate Finance 201: Decide what to invest in, and how to finance it.
He describes a key benefit of using futures to go […]

I’m not here to rehash the game itself.. Chris Berman & Tom Jackson do a great job, so we’ll stick with my area of knowledge. Plus I bought a Bears contract for $30 on World Sports Exchange during the 2nd quarter (sold out at $20 just before halftime), so what do I know.
First off, […]

One can never be sure, but the pin action in the equity marketplace is simply not healthy. We shorted a bunch of the Russell 2000 index (IWM) today.. about 25% of client portfolios. We also hold 10% of assets in the MZZ, a levered exchange traded fund that performs at 2x the inverse […]

I just learned something new. Apparently some crafty entrepreneurs in Iowa have discovered a way to profit from an oversight in federal telecom law — the result being that anyone can call these automated phone numbers in Iowa and from there make international calls for free.
So you’d be able to call Europe for the […]