A lot has been said about Steelers coach Mike Tomlin. One thing I know is that he has the right attitude. Traders can learn a few things from the coach [VIDEO]: Keith: . . . is your offense better than their defense? Tomlin: . . . a lot of times the match ups that don’t [...]
I said the other day that David P. Goldman is one of my faves. Finally found the January 16, 2009 podcast where he shared his diabolical thoughts as to how banks will be fixed [PODCAST]. Enjoy!
It’s back from the dead as investors stay home, eat pizza and watch movies. NFLX, Daily Chart Relative to the Russell 2000 Index Yes, Netflix (NASDAQ:NFLX) is on fire. In addition to being on a certain widely-circulated “100″ list, it has a lot of cheerleaders. CNBC FastMoney With Netflix subscriptions up 25%, people are staying at [...]
I know, I know. Everyone says it’s a head and shoulders bottom. S&P 500 Index, Daily Chart But data suggests it’s a consolidation…
Charlie Gasparino got the “scoop” that the good bank/bad bank pig ain’t gonna fly [VIDEO]. Quelle surprise! CLICK TO VIEW VIDEO But never fear. Krugman has a plan: The Geithner put If the reports are right, the plan is to buy up some of the troubled assets — but only those that have already been written way [...]
There was bad news from Allstate yesterday. Allstate, Daily Chart Are investors starting to clue in that annuities = liabilities? Allstate shares slide on big investment losses Standard & Poor’s Ratings Services downgraded the company and warned that there’s been a “significant deterioration” in the capital adequacy of Allstate’s main businesses. Allstate now has $8.8 billion of unrealized losses. The [...]
A scan performed after the close for “the 50/200 cross” trade setup found Volcano Corporation (NASD:VOLC). Daily Chart with 50- and 200-day Moving Average Volcano Corporation (VOLC) Volcano Corporation is designs, develops, manufactures products that seeks to enhance the diagnosis and treatment of vascular and structural heart disease. A JP Morgan analyst is bullish on the health care sector [...]
This is a big problem in the investment world. A strategist makes a guess (I mean, forecast) and then decides on a course of action. What this means is that he must guess two things correctly: the macro picture AND the way market participants react. Most often, the strategist gets one right, the [...]