Archive | November, 2010

Getting Started in Trading

24 Nov

For those looking to get started in trading futures, or trading in general I can relay my personal recommendation with charting package thinkorswim and futures trading platform Infinty Futures. Both companies have outstanding customer service, something greatly overlooked in the trading/investment industry. Both are on the cutting edge of innovation in the industry. And, best of all both are free (for personal accounts; entity account who sign up with TOS will pay a monthly data feed of approx $200 for all exchange data). This is the duo I use for futures trading and have been members with them for years.

The Tulip Mania Bubble: History

24 Nov

Manias Panics and Crashes

24 Nov

The Book Manias Panics and Crashes can be found at amazon.

Wk47 Analysis

21 Nov

Thanksgiving week is here, which means the markets will be closed Thursday and a operate on a half day Friday. Monday is bleek for news, but Tuesday we have GDP and slew of news on Wedsnesday as well. Historically the day before thanksgiving is almost always an up day. Pretty meaningless for intraday trading, but a little something to make note of.

Politics Explained – In Cow Terms

21 Nov

SOCIALISM: You have two cows.
The state takes one and gives it to someone else.
COMMUNISM: You have two cows.
The State takes both of them and gives you the milk.
FASCISM: You have two cows.
The State takes both of them and sells you the milk.
MILITARY DICTATORSHIP: You have two cows.
The State takes both of them and shoots you.
BUREAUCRACY: You have two cows.
The state takes both of them, accidentally kills one and spills the milk in the sewer.
CAPITALISM: You have two cows.
You sell one and buy a bull.
PURE DEMOCRACY: You have two cows.
Your neighbors decide who gets the milk.
REPRESENTATIVE DEMOCRACY: You have two cows.
Your neighbors pick someone to decide who gets the milk.
AMERICAN DEMOCRACY: The government promises to give you two cows if you vote for it. After the election, the president is impeached for speculating in cow futures. The press dubs the affair “Cowgate”.
ANARCHY: You have two cows.
Either you sell the milk at a fair price or your neighbors kill you and take the cows.

Become Legendary

17 Nov

Look out Below!

17 Nov

With a hefty down day today where can we expect to take a breather? The 50MA of the S&P500 is approx. 1165 and that’s where we are targeting for a breif pause.

Wk46 Analysis

15 Nov

A great week ahead with options expiry on Friday. Everything will come down to the high or low of last Friday. If we break the high expect to make new highs on the year, if we break the low expect us to continue drifting lower.