[vodpod id=Groupvideo.2759320&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] The Reformed Broker, AKA Butchie Yost, here with today’s Market Recap… How many of y’all went All In today, like The Grouch & Eligh, with the Dow up give or take 70 this afternoon? That’s what I thought. No one seems to have any conviction that this week’s pullback has brought us back…
Trading
Market Recap: Regulate
[vodpod id=Groupvideo.2752577&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] The Reformed Broker, AKA Nate Dogg, here with today’s Market Recap… In honor of President Obama’s massive Wall Street regulations overhaul today, I thought we’d get started with the classic West Coast joint Regulate by Warren G. Today was one of those ping pong days here on The Street, without…
Market Recap: The New Beasts
The Reformed Broker, AKA Daddy Warbucks, here with today’s Market Recap… I thought I’d skip the averages today in favor of showing three charts of The New Beasts. From every bear market, a set of new leaders emerges, often, these are stocks that had nothing to do with the prior bull market. My highlighting of…
Perspective
When a resolute young fellow steps up to the great bully, the world, and takes him boldly by the beard, he is often surprised to find it comes off in his hand, and that it was only tied on to scare away the timid adventurers. Ralph Waldo Emerson Thanks to all for the kind wishes…
Droppin' Knowledge: Tudor Can't Forgive Himself
“If trading is like chess, then macro is like three-dimensional chess. It is just hard to find a great macro trader.” Paul Tudor Jones, May 2008 There’s a great interview up on Institutional Investor with Paul Tudor Jones, one of the biggest and most successful hedge fund managers in the business. It’s a bit dated (from…
Who's Ready to Start Picking Stocks Again?
Over the long holiday weekend, I was asked the same question in different settings by friends, neighbors and family members again and again. “Is the market going to go up or back down from here?” Don’t get me wrong, it’s a nice change of pace from the big question from January and February, “Why would…
Alternate Realities: GOP or Dem Markets
Which of our two major political parties would be a better steward of our capital markets and financial system if left unchecked by the other party? I think either way, the result would be pretty scary. The Republicans never met a business they didn’t want to deregulate and the Democrats never met an underprivileged constituent…
The Dinosaur Trader Says Goodbye…For Now.
One of my fave bloggers announced the closing of his site yesterday and I thought I’d reprint the note he put out to his loyal readers (I am one of them). From Dinosaur Trader: I’ve written this blog for over 2 years amidst the worst period in my 10-year trading career. It has been a…
What Has Been Working So Far in '09
My colleague JC just sent me the below graph, a helpful reminder of which sectors have been over- and under-performing so far this year… So far, the best groups since the start of the year have been techs, materials, consumer discretionaries, gold and energy… Even with the incredible run since the March lows, financials are…
Bear Market Rallies Are Like Drug Addicts
Below is a post I did for Clusterstock (The Business Insider) last week… I make it a point not to make directional calls on my site or give any specific investment advice. That said, I’ve seen this movie before and I know how it ends. If the rally continues (BIG IF), the next leg is…
