It was a big vacuum WHOOSH. Maybe not the big and final one, but we should get a reprieve for now. Lot’s of financial stocks just stopped going down and had big reversals. I rarely watch the tape, but I admit to watching it for most of the day. When I got an email telling …
Tagged: Stock Market
Let me Share a Secret…PRICE is all that MATTERS
What an important time to turn off the television if you own or want to own stocks or even short them. Idiots are in charge. They will freak you out at exactly the wrong time. Every ass in the world is now pulling shit out of their archives about how they predicted this subprime disaster. …
Andy Kessler on Wallstrip…A New Fave
I have had Andy Kessler top on my list for interviews since we started Wallstrip. I have read all his books and loved it when he used to blog on TheStreet.com. Loved it. His writing style is fast and fun and he has the track record to back it up. He thinks OUTSIDE the box. …
A Little Wooshing Today…That's Good
A little whooshing never killed anybody, unless you were leveraged. When you are not on leverage and well diversified, like me right now, you think clearly. I don’t own a financial stock (other than American Express) and if not for my idiotic trade in the homebuilders, life would be perfect right now. Today is a …
Sotheby's (BID)…Checking in on the Loose Money Indicator
Yikes. I started writing about Sotheby’s as a warning indicator back in April . Looking at the lifetime chart , you can see that we may be in trouble. In the end, loose money is never good for the markets.
Deep Market Thoughts
I am posting way too much on the market. That’s a bad sign in itself. I am enjoying it though and getting many requests. I am by nature, skeptical, but have long ago decided to look at the good and glass as half full. It’s cheaper than Prozac. Because I think (opinion, not fact) the …
Wallstrip – Why Optimism Matters
We are human and it’s o.k. to be negative. It can be fun at times. BUT…it’s just is a much harder road to success in America and it’s almost an impossible road on Wall Street. Today on Wallstrip , we update some of our stock ideas that we have covered over the first 100 plus …
Wallstrip – 100 shows and 5 great months
Time is flying for sure. It is easy to lose track of all the stocks we have covered on Wallstrip , even at less than one stock covered a day. There have been some big winners and we have some losers for sure (BRL, IGT, ERTS, QDEL) but overall a group of great companies in …
Is the Glass 'Half Full' or 'Half Empty'
Trading the markets can make your head screwy. Reading Bill Fleckenstein or Jim Rogers can make you look at the world as ‘All Empty’. They can afford to think like this. Remember that! I have learned that I am a ‘3/4 Full’ guy. I am naturally enthusiastic and although I know guys like Bill and …
Stock Market 2.0
The vehicles created to trade the markets on a global basis in 2007 are truly amazing. Sure, the scams perpetrated by the big investment banks are the same, but as an individual investor, technology, globalization and loose monetary policy have given you the tools to survive. The blogosphere has also provided an amazing source for …