Pay Attention: We are on the Edge

Last week (1,2) I talked about how the DJI should be breaking through the 12,700 barrier. We did not break through it, and I starting to become concerned. Some technical analysts will draw pretty pictures with lines in multiple directions, but we are hitting a resistance point. I like technical...

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Savings-Accounts.com

The following is a paid review. See the notes at the bottom for more information. Looking for a place to store your hard earned (or not so hard earned) money? Savings-Accounts.com is site that shows the interest rates available at the most popular US banks. According to the list, HSBC is the best...

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The Tide has Turned For Microsoft

People who read my blog entries know that I am a fan of Behavioral Finance. I am mentioning this because I want to use the last sentence as a disclaimer. Here is my grand sweeping statement: > Apple, nice knowing you good bye, Sun interesting language too bad it wont stay, Oracle go sail away....

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Venezuela is Taking Another Step Closer to Dictatorship

If you have any monies in Venezuela I would think very very hard about it taking those monies out. Venezuela is taking another step closer to becoming a dictatorship. As I commented earlier it looked like Venezuela was moving in this direction. > President Hugo Chavez was granted free rein...

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Some Notes from My Watchlist

Here are the notes I wrote about some stocks on my watch list this morning. > KRY > - Wait for consolidation. $2.80-$3.50. > > AMGN > - Fill the gap $71.50-$74. 200dma support at $69.50? > > AMD > - What's the next news catalyst? Value analysts' upgrade? At what price level? Check Morningstar....

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Is the Pullback Starting?

I am watching the markets and thinking is this the pullback? Two days don't make a trend, but I was looking at the DJI and noticed something interesting. For the past month approx 12,670 has been a sort of resistance point. The market has taken 7 runs to 12,670 and only once did it get over to...

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Quant's and Probability

I am studying financial engineering and there has been one topic that has been bothering me; Probability. Here is a question I found at the quant forum. > If a family has two children and there is a boy in the family, what is the probability that there is a girl? What's the answer? 2/3. Or how...

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Six Quick Book Reviews

I was going to write an individual post reviewing in depth each of the six books listed below. But since I'm a bad citizen and have given in to the fact that I will never find enough time to do so, I'm going to give a quick review for each of them here. So in the order I've read them... **The Real...

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Forums Down Until Spam Problem is Fixed

I've been trying to stay on top of the spam problem with the forums, but the spammers are fighting harder and harder every day. I delete 25 spam posts and 50 more spring up right away. The last 500 or so posts have come from spammers. And I understand why there haven't been many legit posts lately;...

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An Odd Thing To Read About Regarding Funds

I receive the Swiss Stocks magazine and something in Stocks caught my attention. An author said that the funds are going to be the problem spot once the market retraces. I did not quite understand his thinking so I kept reading. The essence of the problem is that funds are buying stocks and driving...

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