It is nice to see some people willing to finally sell stocks. It is healthy. As a matter of fact, I am selling some stuff today. Just sold most of my Ebay. I still like this market but want the Ebay money to deploy to better strength and breakouts. I have limited stock market capital …
From: October 2006
DOW 12,000 and Climbing…OY – What a market for playing breakouts!
If your strategy is buying strength, this market is for you. The shorts just can’t buy a selloff. They will get one for sure, but after maximum pain is inflicted. One of the funny digs so far of Wallstrip is that the strategy won’t make you money. Please. Buying strength, even all-time highs is a …
Phillip Morris or Altria or DEAD – same thing
Talk about a simple story. Legal sale of addictive drugs. Inelastic demand and amazing margins. So simple that the company could move to the Nasdaq and change their symbol to DEAD and see no adverse effects. So simple that I am too stupid not to have my whole investing portfolio in the damn stock. That …
Wallstrip Perfume and Cologne ?
I think e-mail should have it’s own scent, especially if it is coming from a lady. I floated the idea to Lindsay at a Wallstrip meeting today. She of course is sick of me after just one meeting. I think that means things are going well :) . I know Trader X is buying whatever …
Wallstrip gets closer to Steve Jobs
In case you don’t know, you can subscribe to Wallstrip through iTunes. This way, you can watch Lindsay on the train, while in the bus, or wherever you are. There is no reason for you to miss us. The image above is a screen capture of Wallstrip’s cover making it to the front of iTunes. …
Sleep is Good…
I wanted my “Sleep is Good” speech to be as powerful as Gordon Gekko’s “Greed is Good” speech in Wall Street. Go watch today’s Wallstrip show and you decide :) . I can’t believe they left the cameras rolling on me all night and that is all they heard by the way :) . By …
Nike – "THEY DO IT AND THEY GET IT"
I think our show says it all. It is MY favorite so far. Considering their size – $16 BILLION in sales – Nike just continues to execute. The newest catalyst is not just their personalization strategy, but a flight to large cap stocks by institutions and a weaker US Dollar. The Apple partnership is smart, …
Inflation expectations are low
I just saw a chart from Lehman’s Degraaf (enclosed below) that is both shocking but explains some things – to me anyways. Inflation expectations are extremely low. Retail stocks are acting giddy. Best Buy, Nordstrom, Abercrombie, American Eagle, Gymboree are all running at or near all-time highs. HUH! Harley Davidson, a favorite of shortsellers for… …
Good news Good news day.
Google up $20 to an all-time high. Forget the Cramer effect, we have a Wallstrip effect :) . Off to New York for the rest of the week and looking forward to experiencing some real weather and some busy people roaming the streets. Taking the whole family. My son Max wants in the video blogging …
The Blogging Times Today…today
My friend and partner Chartreuse has moved to new York and been busy. He and Loren just launched their version of a daily Vlogging show from the streets of New York. It is good! The first episode has Nicholas Baum, product manager at Google reader, a product getting rave reviews. Silicon Valley may be the …