Whether I’m right or wrong about this NOT yet being the market top that many of us have been waiting for is a somewhat mute point in the bigger picture. We don’t bet our careers on a single trade. The trading decisions ebb and flow as I see a confluence of events evolve into an [...]
With the extreme amount of rampant fear out there, it’s a relief to find someone who can speak quite plainly about the impact of the bailout program. Lawrence Mishel of the Economic Policy Institute gave a short and focused talk which is now out on Fora.tv. It’s a well spent twenty minutes, covering how the [...]
Graphics Software Tools for Financial, Scientific, and Industrial Applications at Quinn-Curtis Inc (Nice charts: take a look at a sample manual) Early stage emerging Pacific Northwest Hedge Fund New free Financial Charting On-line, includes charting of fundamentals, such as Debt/Equity Ratio at YCharts Microsoft taps brain for campaign design, jumping on the Neuromarketing train a [...]
Just to mix things up a little bit. I’m going to cover a silver trade that I am watching. I was feeling that the metals market was due to roll over in the near future last week and put on a directional butterfly trade with the ETF SLV. When I put the trade on Monday [...]
Kaching! For those of you who had the good fortune to catch this move in silver: Sure it could have much more to go. But, with GDP in the morning, this isn’t a bad time to take some profit.
In case you’ve forgotten, the mission of finance is to increase the quality of life for an increasingly broader population. In general the morals and ethics of individuals in finance is high and their intentions are well. These are people who have labored to bringing housing to those who couldn’t otherwise afford it. These are [...]
Sugar has a shot at testing key support at 20.25 this week. Just looking at the charts, this market is looking really toppy. What do I mean by "toppy”? My tells are the heavy consolidation and increased volatility at the end of a long run up in price. Those are all characteristic of market tops. [...]
As strange as it is, there are really bright individuals out there that believe that this is indeed just the beginning of a very legitimate and solid recovery. There are others that recognize the Fed has little to no choice and rates will be pegged to the zero for some good time to come; thus [...]
Mohamed El-Erian’s book “When Markets Collide” made quite an impression on me last year. I’ve had the utmost respect for Bill Gross and PIMCO since I read “The Bond King: Investment Secrets From PIMCO’s Bill Gross” a number of years ago. Both Bill Gross comments and PIMCO’s general position on market conditions were well received [...]
IronPython is out and easy to get going. Here is a very succinct and as complete a summary of data mining packages for Python. None of the above packages look nearly as complete as many of the packages available to Java and C developers. A very helpful FAQ resides here. The issue at the top [...]
