What a rally. Big 4% up day in the markets, and our tech longs/calls were juiced today. And I hate to be the bearer of bad thoughts, but remember earlier this week how I pointed out that "dislocating markets" aren't necessarily a bullish thing? Anyway, here's my thought as I head through town to buy some groceries to cook up a great meal at home tonight -- I'll admit I have no … [Read more...] about Who’s more scared right now, the bulls or the bears?
Archives for November 2011
Here's what I was reading and thinking about today when I wasn't watching the sun rise over the Capitan mountains from my new home in the mountains of southeastern New Mexico. A Large Middle Class Isn’t Necessarily Normal - My old friend and mentor, David Merkel, with a very controversial take on what's a "normal" distribution of wealth in a society. I disagree with him … [Read more...] about Headlines and don’t forget today’s chat at 2pm EST
It's another day at the racetrack and the ponies are a'running. The US Federal Reserve has explicitly come out this morning in favor of redistributing hundreds of billions of more dollars from the working taxpayer to the corrupt banks in Europe, and that, along with some other socialist/communist economic developments has the markets juice early. But before we all decide … [Read more...] about Analysis and trading updates: Central Banks take coordinated action
The whole point of Revolution Investing is to help you pinpoint when there really is risk and to avoid panicking when there's not. I'm again warning readers that the tech stock market bubble that I'd been looking to really take off next year is no longer as likely as it had been. And yes, I know that Facebook's IPO might finally be coming down the hatch and that they could be … [Read more...] about Revolution Investing and a trading update for Corning
Couple housekeeping notes. Corning's down 10% this morning after announcing that the quarter's not coming in as planned, mostly because of a big order cancellation. I'm working on this one right now and will have more analysis and a playbook for us in a bit on this one. Mea culpa in the meantime. Also, on I got a few questions like this on the AMR trade: Cody... I made … [Read more...] about A couple position updates