20
Oct
2010
Circle of Competence Revisted: What Business To Start?

You see a lot of people going to seminars, doing research and gearing up to “become their own boss” by trying to do things totally outside of their circle of competence. Bricklayers trying to daytrade. Bank tellers trying to flip houses. Dental assistants setting out to become professional bloggers, the list goes on.…

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19
Oct
2010
SP500 & Natural Gas Short Term Trend Charts
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The broad markets along with metals have been on fire but in the last two weeks we have seen the sentiment become stronger. The extreme bullishness we are seeing has made it difficult for low risk swing traders to get in on the action simply because there have not been many sizable pullbacks.…

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14
Oct
2010
Mid-Week Market Report on Equities and Metals
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Oct 14th
Its been an interesting week with stocks, commodities and currencies having a knee jerk reaction to the FOMC minutes released Tuesday afternoon. In short the Fed clearly said there must be more quantitative easing before things will get better. It was this news which triggered a rally in both stocks and commodities.…

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14
Oct
2010
Mike Swanson’s Strategic Stock Trading Reviewed
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If you’ve been following Mike Swanson for any length of time, if you’re a member of his WallStreetWindow community or have read any of his ebooks on the subject of trading, then not a lot in this book will come as a surprise to you. Having said that and being all of the above myself I found the book to be a good, quick read and I still took some fresh insights away from it.…

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7
Oct
2010
Joe Weisenthal: The “Can’t Miss” Contrarian Indicator for Investing in Gold.

Most of the readers here are likely familiar with Joe Weisenthal, the Deputy Editor for Business Insider. I discovered BI during the financial meltdown and it showed promise, sadly, it has since devolved into hysterical punditry and sensationalism,  often schizophrenically hyping mutually exclusive narratives.

One constant throughout it all, has been Weisenthal’s remarkably horrible calls on gold every step of the way.…

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7
Oct
2010
Stock Market Leaders Are Now Lagging?
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Wednesday’s session closed mixed on the day. The DOW posted a third of a percent gain while the tech sector closed down almost nine tenths of a percent. While technology stocks have been leading the market higher in the recent months, today they took the back seat while the DOW took control.…

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