Investing Adventures » Financial Website

The Week Ahead…

Jorge — Mon, 23 Jun 2008 12:04:36 +0000

This week should promise to be full of excitement as the FOMC meets Tuesday and Wednesday to decide the fate of the U.S. economy. Well perhaps not the fate, but they will decide on new interest rate policy. At this point, any further rate cuts will probably signal financial suicide, so expect the FOMC not to cut rates. However, some analysts in the financial world are figuring a rate increase from the Fed this week in order to battle inflation and to make an attempt in strengthening the dollar against the rest of the world. Futures this week are showing rates will remain stable at 2.00%. A rate increase at this point would be more symbolic than helpful as it would signal that the inflationary pressures the U.S. has been experiencing are indeed real and a priority. As most of you know, it’s gotten a bit expensive to eat and drive into work. Expect a stronger inflationary statement from the FOMC this week.

On Tuesday, we have consumer confidence at 10:00 am EST. Wednesday brings Durable Goods (8:30 EST), New Home Sales (10:00 EST), and the FOMC announcement (02:15 EST). Thursday’s a fairly important economic day with last quarter’s GDP and Jobless Claims (08:30 am EST), as well as Existing Home Sales (10:00 am EST). And rounding out the week on Friday is Consumer Sentiment at 10:00 am EST. Details can be found here.

Futures were up over 50 points last night but are currently up about 10 points. I’m looking for some sort of a dead cat bounce, but at this rate, I don’t know if it’ll happen. We’ll see!

Icahn Report is Live

Jorge — Thu, 19 Jun 2008 17:15:47 +0000

For those interested, Carl Icahn’s blog, The Icahn Report, is now live. Enjoy!

P.S. I think I have the most contrarian portfolio imaginable.

I’m Leaving the Options World…

Jorge — Mon, 12 May 2008 13:30:26 +0000

And will begin trading penny stocks! Well not entirely. This weekend, I took up a homework assignment by Timothy Sykes, of the penny stocking Sykes. His contest was a giveaway of his book, An American Hedge Fund, to the person with the most in-depth research on a penny stock, NT Holding (NTHH). After spending a couple of hours searching the internet, I posted a couple of responses as to what’s next with NTHH. You can find those comments here and a follow-up here. As a result, I won an autographed copy of his book wee! Thanks to Tim for his contest. Let’s see if NTHH really does follow a typical pump and dump scheme (which I think it will).

But no, I won’t give up my beloved options and futures. But who’s to say I can’t experiment with penny stocks in the future. It’s clear that they’re easily manipulated so why not capitalize off that?

In market news, futures are slightly up this morning. More than likely it’s going to be another snooze fest.

Early Morning Action

Jorge — Mon, 05 May 2008 12:53:47 +0000

Futures are looking a bit lower this morning. Sometime last night futures spiked down about 20-30 points for some reason. My guess is the Asian markets had opened up and were hedging against potential downside this morning but it’s anyone’s guess.

Visa’s looking weak this morning with pre-market action taking it below $82. I will most likely take a nibble at $81 which appears to be a good support base with two failed breakdown attempts over the past week at that level. If $81 does break down, $77 appears to be the next logical support base. I still don’t think well see Visa under $80, but one never knows.

Option Addict has released his latest watchlist this morning. If you’re in need of ideas, just starting out, or need to see how JK works, head on over and check it out.

April 28, 2008 Edition of the Festival of Stocks

Jorge — Mon, 28 Apr 2008 19:48:37 +0000

It’s that time again! I’m happy to present the next edition of the Festival of Stocks! As always, if you’re interested in submitting, please follow the green dollar bills floating around Visa will (hopefully) leave us.

Charles H. Green presents 30 Minutes, 30 Cents, 30 Billion: Fragmenting Business posted at Trust Matters, saying, “Be careful of investing in industries which whose business model is such that no one is taking care of the big picture, they have a tendency to fall apart.”
James Cullen presents Cal-Maine (CALM) Longs Walking on Eggshells posted at College Analysts.
Debt Freedom Fighter presents Don’t Worry About Your Credit Score (It Doesn’t -really- Matter) posted at Discover Debt Freedom!.
Matthew Paulson presents How to Get the Most Money Out of Your Paycheck posted at American Consumer News.
Investing Angel presents Studying The Stock Market Trends During Recession » Free Stock Market Investing Tips posted at Stock Tips.
Dr. Barry Burns presents Using Fibonacci Levels to Find Support/Resistance posted at Top Dog Trading, saying, “New video on my blog shows how to use Fibonacci levels to find reliable support and resistance on charts for day trading, swing trading and investing for stocks, futures and forex.”
KCLau presents Insurance Planning Guide for Malaysians [Review] posted at KCLau’s Money Tips, saying, “A review of Insurance planning guide for Malaysians. This book was written to make you more aware of life insurance protection. Hopefully it will prevent you from suffering and regretting over buying insurance for the wrong reasons”
Steve Alexander presents Business Sector Breakdown of the Magic Formula posted at MagicDiligence – Optimizing Joel Greenblatts Value Stock Strategy, saying, “Does the Magic Formula screen favor certain types of businesses? And if so, why? These are the questions we’ll examine in this new series examining which business sectors most frequently appear in the Magic Formula screen.”
Dorian Wales presents Do you understand investment risk? posted at Personal Financier, saying, “Talk of investment risk is abundant but what is investment risk really?”
Barb A. Ryan presents Asset Allocation, Investment Asset Tax Location, and Emergency Cash Management posted at Pasadena Financial Planner.
Dividends4Life presents Measure What’s Important posted at Dividends 4 Life, saying, “If you really want to know what is important to a person, you don’t ask the person. Instead, you watch what they do. Peek into my investments and see what I consider important.”
Dobromir presents GWW Dividend Analysis posted at Create Rising Passive Income From Dividend Paying Stocks, saying, “I think that GWW is attractively valued with its low price/earnings multiple of 17 and low DPR. The current yield is a little low for me at 1.70% though. Thus I would be a buyer only on dips below $70.”
MrMike presents Do You Track Your Trades? posted at Online Stock Trading | Stock Trading Online.
Raymond presents How To Open A Roth IRA Account And Which Broker To Use posted at Money Blue Book.
Brice Hogan presents Equities (The Basics of Stocks) posted at Financialzip.com, saying, “Get the low down and the basics of how stocks work.”
Middle Class Millionaire presents Thinking about Investing? Start Now posted at Middle Class Millionaire, saying, “Thinking about Investing? Start Now”
FIRE Getters presents TIPS for Inflation and Deflation! posted at FIRE Finance.
Jed Norwood presents Forex Money Management | Forex Trends posted at Forex Strategy, saying, “This post is related to the Forex market but can be applied to stock trading as well. Following money management principles is essential to long term success in any market.”
Enoch Ko presents Principles of Value Investing posted at The Wealth Accumulator, saying, “Value investing for beginners – a review of the basic principles of value investing.”
Leon Gettler presents Missing analysts posted at Sox First, saying, “Investors beware!! The credit crunch and weakening economy are showing up how bad analysts are. In the fourth quarter, almost 1800 equity analysts overestimated final results by 33.5 percentage points, the biggest miss ever!”
Matthew Paulson presents A Month of Groceries for a Family of Four – Under $150 posted at American Consumer News.
Debt Freedom Fighter presents Identity Theft: A Double Tragedy posted at Discover Debt Freedom!.
Silicon Valley Blogger presents Recessions and the State of Our Economy: A Visual Primer posted at The Digerati Life, saying, “This post discusses the link between recessions and the stock market.”
Andy presents How to buy shares – Two simple steps posted at Saving to Invest, saying, “Two simple steps that describe how to make a stock purchase”

That concludes this edition. May your longs stay long and may your shorts not be squeezed.