Blog
Market Commentary from June 13th, 2008
Wall Street is expecting another volatile week. In addition to our regular complement of oil price spikes, Dollar worries, inflation fears and economic reports on home building and wholesales prices … this week, the biggest news might be the quarterly earnings reports from Morgan Stanley (MS), Goldman Sachs (GS), and Lehman Brothers (LEH). Currently, just
A New Chart Pattern
I loved Nassim Nicholas Taleb's book "Fooled by Randomness". And everyone is talking about his recent book "The Black Swan". With tongue-in-cheek, the next chart shows a very rare Black Swan formation – note both feet and neck are complete and the rare vampire tooth variation is in place. This is very bad. Very, very
Virgin America(n)
Fuel costs have certainly affected the average American. It is possible that these added costs might have an even bigger effect on another American (as in, the airline). Industry-wide losses for airlines are blamed on fuel cost too. And AA is no exception. While I was on a American Airlines flight, recently, I overheard two
Where Does All the Spam Come From?
Yesterday I got over 400 spam e-mail messages. Either I spend way too much time in questionable chat-rooms, or the technologies they use for spam, viruses, worms, etc., are getting better and more efficient. As for me, I use an anti-spam product called Cloudmark. It is the best I've seen; so the spam wasn't a
Contact Juggling: A Little Something Extra
I see this in so many areas of life … it doesn't take much effort to make major progress. A little bit more makes you average. A little bit more, and you excel. And with sustained focus and energy … it looks like magic. Think how much time and effort went into making this look
Market Commentary as of June 6th, 2008
This week the Markets tried to rally several times. Unfortunately for the Bulls, none of these attempts worked. And Friday's move down was the worst for the market in a year-and-a-half. So the headlines are "another week of a weak dollar, rising oil prices and falling markets." One of the key take-aways, from my perspective,