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Here Are Some Links for Your Weekend Reading
There is Good and Bad News … Which do you want first? Here are some of the posts that caught my eye. Hope you find something interesting. Lighter Links: Here’s How the NSA Analyzes All That Call Data. (GigaOM) 10 Most Powerful Militaries In The World. (BusinessInsider) A Little Friction Can Add
Dow Jones Industrial Average Relative Strength Sinks to Bull Market Lows
When you hear a reference to how the market is doing on the news, it is pretty common for the report to reference the performance of the Dow Jones Industrial Average. The Dow is a price-weighted measure of 30 U.S. blue-chip companies. It covers all industries with the exception of transportation and utilities. While this
Faulty Logic: Identifying Logical Fallacies
Sometimes business feels like a debate. Other times, dinner conversation or a family discussion takes a contentious turn. In any case, here is a quick primer on logical fallacies. A logical fallacy is a flaw in reasoning. In other words, logical fallacies are like tricks or illusions of thought. Consequently, they are often used by
Smart Money Seriously Short the Market
The CFTC releases data on the positions of "Smart Money" commercial hedgers in the Dow Jones Industrial Average and Nasdaq 100 futures contracts. According to SentimenTrader, extremes in hedgers' positions in the futures have been good clues to the future prospect for stocks in the intermediate-term. For example, the chart below shows that there were
Here Are Some Links for Your Weekend Reading
Some people are reacting like Bernanke said "On the count of three … run." Here are some of the posts that caught my eye. Hope you find something interesting. Lighter Links: Audible Inspiration: Work Smarter by Listening to These 7 Great TED Talks. (Mindjet) The World’s Top 100 Most Innovative Organizations. (Thomson Reuters) What
How Long Does it Take to Earn $1M in Different Countries?
How long would it take for an average person to earn a million dollars? To find out, the Economist looked at how much the main breadwinner in an average household makes each year (before tax). On this measure, America creates the swiftest millionaires, and also the most (around 5m households, or 4% of
