Day Trading Advice From The Pros! Their Secrets Revealed!
by Sam Lockwood Day trading can be an excellent method for making a profit, if you have the stuff to do it. However, no matter how others may pitch it, it’s not a smooth ride. You have to put a lot of work into it to succeed. Day trading stocks and commodities is really a highly lucrative job [more...]
Date: 2009-01-07 16:48:30
Blog posts
(94) |
Videos
(6)
Day Trading Training - What Makes The Pros So Good?
by Sam Lockwood Day trading can be an amazing way to make good money, or an amazingly stressful occupation. No matter what some may say, it’s not an easy ride. You have to put some serious work into it. Day trading stocks and commodities is really a highly lucrative job [more...]
Date: 2009-01-07 17:03:55
Day Trading Training - What Makes The Pros So Good?
by Sam Lockwood Day trading can be an amazing way to make good money, or an amazingly stressful occupation. No matter what some may say, it’s not an easy ride. You have to put some serious work into it. Day trading commodities and stocks is more like a highly lucrative job. You need a number of firmly [more...]
Date: 2009-01-03 15:13:47
Angry Jobless Indians, Social Contracts
Allow me to highlight some of the scary stuff below…Indian Exporters May Cut 10 Million Jobs on Recession (Update2) ... and commodity prices slide, the World Bank said on Dec. 9. World trade volumes will probably contract next year by 2.1 percent, hampered by exchange rate volatility and flagging import demand.”Probably [more...]
Date: 2009-01-06 17:00:00
Green Ink: Detroit Gets Greener, Will Jobs?
paper Crude futures peeked above $100 on rebounding stock markets and signs of financial-market stability, Bloomberg reports ... markets, the WSJ reports (sub reqd.), with question marks over commodities trades made with Lehman [more...]
Date: 2008-09-19 12:18:37
Alcoa Shedding Costs to Bare Bones
Alcoa (AA) announced after the close of trading yesterday that it will cut some 15,000 jobs or about 15% of its workforce ... . This is in stark contrast to shares of Rio Tinto (RTP), whose price surged during the rise in commodities prices ... goods and commodities. There are reports of surplus aluminum stockpiled in China and Europe [more...]
Date: 2009-01-07 18:24:53
Alcoa Shedding Costs to Bare Bones
Alcoa (AA) announced after the close of trading yesterday that it will cut some 15,000 jobs or about 15% of its workforce ... its unprofitable foil, electric-systems, automotive-wheel and European transportation-products businesses ... recession since the “Great Depression.” However, you would not know this from looking at AA’s stock price [more...]
Date: 2009-01-07 18:24:53
Dogshit Cafe 1/8/2009
Good Morning, Yesterday’s session showed signs that investors didn’t seem to want to wait until Friday to begin worrying about job loss ... , that he’s been hiding company losses for years. Some commentators described this disclosure as “India’ ... of the rest of the session. A small pop in the final hour of trading nudged stocks back off [more...]
Date: 2009-01-08 10:20:03
Crosscurrents
After today's pullback, the market has relieved much of the oversold conditions and left many individual stock charts sitting on technical support. Despite today's weakness, commodity and energy names remain in intermediate-term uptrends ... the lows, in a tight ascending trading range.- OIH is providing a good entry here for a starter position [more...]
Date: 2009-01-07 22:29:00
DrumBeat: December 8, 2008
Oil rises on talk of auto bailout, stimulus NEW YORK (CNNMoney.com) -- Oil prices rebounded from a nearly 4-year low Monday as U.S. automakers neared a deal that would keep them out of bankruptcy and President-elect Barack Obama pledged to stimulate the economy of the world's largest oil consumer. U.S. crude for January delivery rose $2 [more...]
Date: 2008-12-08 13:37:28
Why are prices falling? Why does this scare the bourgeoisie?
by Eddy Laing“Credit Suisse chief economist Joseph Tan told The Straits Times that the dramatic fall in prices was due to ‘massive unwinding’ by ... . These speculators - whose bets on future prices drove prices to record highs - are fleeing to safer havens ... (a ‘commodity’ to Marxian economists) is determined by the amount of labor that goes into [more...]
Date: 2009-01-11 17:02:15
Some Opening Comments December 10 2008
Prices of Treasury coupon securities are retreating in overnight trading as the prospect of an agreement on an auto industry bail out, ... to 2.70 percent and the yield on the Long Bond is higher by 5 basis points at 3.10 percent. Equity ... . Trading in futures markets indicates that US markets should open with modest gains today. Reports [more...]
Date: 2008-12-10 12:25:44
Oil Falls Below $40
By Chris Kahn AP | Oil prices tumbled below $40 for the first time since the summer of 2004 Wednesday despite an announcement from OPEC of a ... a commodity that people are buying less of because they can't afford to buy more," said Phil Flynn, an analyst at Alaron Trading Corp. "People are fearful. They have a lack of confidence in the economy [more...]
Date: 2008-12-18 16:06:18
DrumBeat: December 28, 2008
With gas falling, trucks come back NEW YORK (CNNMoney.com) -- After nearly a year of flagging sales, low gas prices and fat incentives are reigniting America's taste for big vehicles. Trucks and SUVs will outsell cars in December, according to researchers at the automotive Website Edmunds.com, something that hasn't happened since February [more...]
Date: 2008-12-28 14:31:34
DrumBeat: December 21, 2008
Shadowed by $200 oil It’s not too early to talk about the prospect of $200 oil. That may sound crazy, because crude is trading more than $100 a barrel below its highs from the summer, when it peaked at $147. I recently spoke to a group of local energy economists, though, and they weren’t worried about how low prices would go, but how high [more...]
Date: 2008-12-21 14:12:23
DrumBeat: December 23, 2008
Steve LeVine - Blunder: A New Age for Russia In August, Putin’s Russia seemed unstoppable, specifically after its five-day war with Georgia punctured the appearance of a new era of U.S. power in the former Soviet Caucasus and Central Asia. Georgia seemed the crowning achievement of a several-year-campaign of projecting Russian power over its [more...]
Date: 2008-12-23 14:14:56
Economic Potpourri December 26, 2008
The barrage of noteworthy economic news continues unabated. I took a lot of time off posting Christmas Eve and Christmas. Here are a few headline news reports of interest from the past couple days that have been stacking up.MetLife Drops as Commercial Mortgage Defaults LoomMetLife Inc. and Prudential Financial Inc., the largest U.S [more...]
Date: 2008-12-26 11:26:00
Monday links: return of arbitrage
We want to encourage all of our readers to check out first poll/book giveaway ... individual commodities. (FT Alphaville) The gold-silver ratio is out of whack. (Crossing Wall ... and More also Daily Options Report) Will we see the “return of arbitrage” in 2009? (Infectious [more...]
Date: 2009-01-05 17:51:50
DrumBeat: November 26, 2008
Russia’s Comeuppance Any international economic crisis afflicts different countries in different ways, but an unfortunate few experience every painful dimension of it. In the current crisis, Russia is confronting virtually all the negatives at once--sharply declining export earnings from energy and metals, [more...]
Date: 2008-11-26 13:53:17
Friday Worries Arrive Ahead of Schedule
Good Evening: Investors decided today not to wait until Friday to begin worrying about large scale job losses in the nonfarm payrolls report. This morning’s data points from both ADP and Challenger, Gray, and Christmas indicated the U.S. might have displaced as many as 700,000 workers in December [more...]
Date: 2009-01-08 00:32:09
Free Enterprise: The Economics of Cooperation – Part 45 of 52
Entrepreneurial success results from the most potent and ruthless form of competition—one that allows the new and improved to sweep away the old and ... pointed out, the 60 Minute Trader™ most important competition is “from the new commodity, the new ... Trading develop better and less expensive products or by passively going out of business, there would [more...]
Date: 2009-01-07 01:38:41
Oil tumbles below $40 for first time since 2004
By CHRIS KAHN Dec 17 Oil prices tumbled below $40 for the first time since the summer of 2004 Wednesday despite an announcement from OPEC of a ... in at least a generation. “You’ve got a commodity that people are buying less of because they can’t afford to buy more,” said Phil Flynn, an analyst at Alaron Trading Corp. “People are fearful [more...]
Date: 2008-12-18 01:19:12
When Argentina Calls Us a Banana Republic
By John Galt December 16, 2008 Prevailing wisdom on the morning of December 16, 2008 was that I would wake up, watch Bubblevision, drive to Vero Beach, FL, visit my accounts and today would be a non-eventful sort of financial market kind of day. The Federal Reserve was supposed to mark the Fed Funds Rate down to 0 [more...]
Date: 2008-12-17 04:13:55
DrumBeat: December 9, 2008
Oil and OPEC: Can the Cartel Possibly Cut Production Enough? Just how daunting is OPEC’s challenge to rein in falling oil prices? Beyond its control, if economist and oil-market analyst Philip Verleger is right. Mr. Verleger, a former Carter administration official, academic, and energy-industry consultant, [more...]
Date: 2008-12-09 13:44:44
Resource War, Investing in Demographics, Bottom for Stocks and Gasoline, Fund Managers and More!
by Addison Wiggin & Ian Mathias Russian dispute turns into European crisis… the first days of a coming resource war? Not Russia’s only problem… Chris Mayer on a global demographic shift Enjoy $1.60 gas — it might soon be gone… the beginning of the end of the gas price crash Survey says: [more...]
Date: 2009-01-06 18:46:45
Alcoa (AA) Shedding Costs to Bare Bones
Alcoa (AA) announced after the close of trading yesterday that it will cut some 15,000 jobs or about 15% of its workforce ... of $450 million per year. Apparently, with the stock trading ... its unprofitable foil, electric-systems, automotive-wheel and European transportation-products businesses [more...]
Date: 2009-01-07 19:20:20
Wall Street falls sharply on employment worries, bleak corporate outlooks; ... ://tinyurl.com/8xd69c Is trading against the trend worth the risk? (MarketSci Blog)What now for quants ... a great deal, but so is realized volatility as well. (Daily Options Report)One attempt at a lazy [more...]
Date: 2009-01-07 22:40:11
Pimping For The Saudis?
I have written repeatedly when anti-Semitism boils to the top it suggests the world is sick and this sickness has eventually led to serious events - even wars.I have been very specific about my belief that war was imminent and wrote this as recently as several weeks before the new one began between Hamas and Israel [more...]
Date: 2009-01-08 04:48:00
DrumBeat: November 29, 2008
OPEC freezes crude output quota CAIRO (AFP) – OPEC decided on Saturday to leave its oil output quota unchanged and vowed to take any action necessary to balance the market next month, the cartel's president said after a consultative meet in Cairo. "Ministers agreed to take any additional action on December 17th (in Oran, Algeria) [more...]
Date: 2008-11-29 14:01:57
In The News Today
Jim Sinclair’s Commentary Are you tired of those Gold banks that specialize in stealing your gold price lollypop on a daily basis, ... these costly nuisances. If you can afford to buy 100 ounces of gold, buy it as the near trading month ... you but only to serve you. CIGA JB Slear can be reached at the following: Fort Wealth Trading Co [more...]
Date: 2008-12-11 19:37:25
The Financial Fire Trucks Are Gathering
The Financial Fire Trucks Are Gathering “It will therefore be crucial that you see the world anew. That means looking from the outside in to reanalyze much that you have probably taken for granted. This will enable you to come to an understanding. If you fail to transcend conventional thinking at a time when conventional thinking is losing [more...]
Date: 2008-11-29 11:58:29
100 Things I Didn't Know Last Year
At the start of last year, I came across a very interesting article from BBC News Magazine Monitor. Each week the site's writers compiled a list of ten things which they did not know the previous week; their list published on January 1, 2008 pulled together one hundred of the more notable items from those weekly lists [more...]
Date: 2009-01-01 08:00:00
Four at Four: Job Losses, Market Gains
The worst jobs data in decades was, as it turns out, priced into the market — at least for one day. After an early selloff that never quite equaled the hysterics surrounding the loss of 533,000 in nonfarm payrolls in November, the market started to rebuild, steadily putting together gains in the face of economic weakness [more...]
Date: 2008-12-05 12:52:00
Monday Morning
Last Monday we started the week with a bang as word spread of a $300Bn tax cut. Since this was more of the same nonsense as we've had the last 8 years we remained slightly bearish and, after finally getting the good word that Steve Jobs still lives, we decided to cover AAPL as it broke $96 [more...]
Date: 2009-01-12 14:47:05
A new start for Zimbabwe?
Ian Scoones, Challenges the myths about Zimbabwean agriculture and land reform 15 September 2008 lalr.org.za/ (Livelihoods after land reform) [ ... debate on the future is needed and a focus on land and the agricultural sector must be central ... from all sides. For a sound, sustainable policy approach for the future, a hard look at the evidence [more...]
Date: 2009-01-04 07:18:40
What is a bear market rally?
As the global financial crisis plays out, Report on Business writer Richard Blackwell examines and explains the economic outlook and the turmoil in credit and stock markets. Here, we answer your questions daily, with the most recent at the top. What is a “bear market rally”? [more...]
Date: 2009-01-08 11:05:51
Media Digest 1/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According the Reuters, December domestic cars sales were the worst month in years. Reuters writes that Toyota (TM) will cut plants. Reuters reports that Apple's (AAPL) Jobs tried to calm investors about his health. Reuters reports that China is making strategic use of commodity priced collapses. Reuters reports [more...]
Date: 2009-01-06 09:02:51
WSF Headline Roundup - 1/8/09 - SEC Probes Pequot again; Wal-Mart warns; India's Enron; Frank: TARP aid for munis; Mtge rates < 5%; BOE cuts rates to lowest since 1694!; Intel warns; Lower '09 metals prices?; Other retailers warn; MGM Mirage to cut debt
SEC Reopens Probe of Trading at Pequot Wal-Mart’s Fourth-Quarter Earnings Will Miss Forecast $1bn fraud at India IT group Satyam Accounting Scandal Erodes Confidence in India As scandal rocks Satyam, rivals may pick off clients U.S. House’s Frank Says TARP Funds Should Aid Muni-Bond Issuers PennyMac, Led by Ex-Countrywide Head, [more...]
Date: 2009-01-08 13:40:42
The Economic Crisis: We Have Been Here Before.
The speculative bubble in the housing market has burst, devastating the global economy. The bubble is huge, dwarfing previous financial fiascoes. Over $7 trillion has simply evaporated from the global economy. The financial loss to pension and retirement funds is massive, disproportionately affecting the elderly, [more...]
Date: 2009-01-07 21:56:59
Alan Knowles, Haywood Securities: Finding that Elusive Bottom
Source: The Energy Report Haywood Senior Oil and Gas Analyst Alan Knowles says we haven’t seen a bottom yet, ... that are $45 today were $148 last summer, so while the futures indicate current market sentiment, they are not the best indicator of future prices. The contract that we’re talking about right [more...]
Date: 2009-01-05 15:31:26
Early Suspicions About Bernard Madoff
Early Suspicions About Bernard Madoff - by Stephen LendmanOn December 12, 2008, the Wall Street Journal headlined: "Top Broker Accused of $50 Billion Fraud. Bernard L. Madoff....was arrested by federal agents (the previous day) after his sons turned him in for running what they said their father called a giant Ponzi scheme [more...]
Date: 2008-12-26 11:22:00
Bill Richardson Offers An Olive Branch to Clintons?
Bill Richardson Offers An Olive Branch to Clintons? At his announcement event today, New Mexico Gov. Bill Richardson offered words to help heal primary campaign wounds. (AP Photo/Pablo Martinez Monsivais) "There are some who speak of a team of rivals. But I've never seen it that way. Past competitors, yes [more...]
Date: 2008-12-03 17:45:37
The Persistence of Patriarchy: Women in the Workplace
As you read this post, please be forewarned, its message is about the perceptions that drive our current worldview. In writing it, I was less concerned with the nuances of historical exceptions than I was with the general stereotype that women have been and continue to be saddled with [more...]
Date: 2008-11-15 22:29:09
Oil drops below $39 as commodities retreat
Oil drops below $39 as commodities retreatBy Chris FloodCopyright The Financial Times Limited 2009Published: January 12 2009 11:45 | Last updated: ... fell below the $39 a barrel level and base metals staged a broad retreat as commodity markets got ... package for its car industry in the near future with the scheme likely to include a reduction or [more...]
Date: 2009-01-12 15:48:00
What is Wall Street Management Thinking?
Good Evening: When this weekend’s G-20 meeting produced little more than promises and photo ops, market participants decided to focus on the news flow surrounding the U.S. economy and Citigroup. Not liking what they saw, investors hit stocks once again, [more...]
Date: 2008-11-18 04:50:17
Words from the (investment) wise 12.28.08
Investors spent the holiday-shortened Christmas week in an un-merry mood, digesting more gloomy economic data and taking stock of a tumultuous 2008. With the S&amp;P 500 Index and the Dow Jones Industrial Index down by 35.8% and 40.6% respectively for the year to date, many investors would be anxious to wave the old year goodbye [more...]
Date: 2008-12-28 12:31:33
Analysis: Nomura report on Indian Companies
Japanese equity research firm, Nomura Securities, released “Titans- Heroes- Mortals” report on Asian Companies which will give an idea about the ... and were prime beneficiaries of falling commodity prices. 4. We continue to have a bias [more...]
Date: 2009-01-05 18:38:00
Monday morning links
TOP STORIES Further bank aid must include pay limits - Reuters U.S ... as traders weigh ECB meeting - MarketWatch 'Uranium prices will go to $80-90 a pound in 2009' - Commodity Online The Long-Term Gets Shorter - Hussman Funds Massive forces cloud market outlook - MSN [more...]
Date: 2009-01-12 14:18:03
Do our banks really loan us money or not?
BanketeeringbyDave PattersonSept 2008The Canadian banks, in collusion with the most senior levels of your government, have engineered one of the greatest frauds in Canadian history over the last 30 years, and stolen over two trillion dollars from Canadian taxpayers, and the tap is still running [more...]
Date: 2009-01-07 12:53:00
January 8 - Microsoft/IBM Rumors Swirl - Jobless Claims Fall to 467,000 - Lenovo (China)/Dell (Ireland)/TDK (Japan) Layoffs - Spring Global Ends Jobs for 365 - 111 Depart at Trane - 1000 Less Jobs at Schlumberger - Layoff Outrage of the Day: Banks Offshoring IT Jobs -
The Layoff Outrage of the Day: Mike: I thought I would title the daily discussion to save readers any confusion about my intentions, which are simply to highlight a daily kick in the butt to the workers and taxpayers of America. Today I’ll discuss the often mentioned subject of outsourcing [more...]
Date: 2009-01-08 13:55:13
