Sheila Jackson Lee is usually much quicker, maybe she’s just getting tired http://thehill.com/blogs/floor-action/house/171807-sheila-jackson-lee-suggests-congress-complicating-debt-ceiling-because-obama-is-black memories are pretty short apparently when it comes to the disrespect that previous presidents have been shown in difficult negotiations. You’d think that by now politicians would’ve learned to disregard what other people think about them; that doesn’t seem to be one […]
Tag: United States
The cost of payback, using GAAP
This is what comes from an effort to divert market energy into central planning schemes designed to reward Democratic constituencies. When the Obama administration releases a report on the Friday before a long weekend, it’s clearly not trying to draw attention to the report’s contents. Sure enough, the “Seventh Quarterly Report” on the economic impact […]
California: killing their economy 1 business at a time
Keep strangling the golden goose http://jan.ocregister.com/2011/06/07/o-c-manufacturer-to-close-move-to-texas/60071/ and in another attempt to reduce their tax revenue: http://www.latimes.com/business/la-fi-amazon-tax-20110630,0,4344787.story Related articles Debt Deal as Salami Strategy (thinkmarkets.wordpress.com) Best-Selling Author Cancels California Affiliates (entrepreneurbootcamp.blogspot.com) Unclaimed Tax Credits â Its Impact on You and the Economy (turbotax.intuit.com) Tax revenues jumped 7.1% in 2010 (search.japantimes.co.jp) Amazon to shut down California affiliates […]
Reflections on Afghanistan from Michael Yon
In my judgment, Michael Yon is the most honest and fairminded voice coming out of Iraq and Afghanistan, public or private. I rely on his insights to form my opinions. Consider buying his 1st edition book; he is an award winning, independent photojournalist http://www.michaelyon-online.com/ the essay on “Gobar gas” is testimony to the power of […]
defining critical price levels for any trading target
Price levels you should know for any target in your asset allocation strategy Minimum mandatory exposure Minimum price level indicating RS momentum advantage Limit of Maximum rational outperformance Maximum outperformance in the lookback period Maximum outperformance since the target began trading Your estimate for next new high? Related articles Price-level targeting: no chance (ftalphaville.ft.com) Wholesale Price […]
Continuous learning is continuous improvement
Andrew Lo notes that beating the market does not come easy, nor is it something that is easy to maintain. Lo likens the pursuit of above-average returns to that of a company trying to maintain its competitive advantage. After introducing a hot new product, a company cannot just sit back and wait for the money […]
May 10, 2011: resumption of the silver trade, and US indices keep marching up the wall of worry
Now that market manipulation shenanigans in silver have subsided, the longer term fundamentals driving prices upward have begun reassert themselves, namely excess printing of money by most major economies, fear of debt defaultsthe U.S deficit, , the political unrest in the Middle East & North Africa, the depreciation of the dollar, accelerating global inflation, the growth […]
Premarket call May 08, 2011: all the precious metals up in the overnight trade
building on Friday’s momentum (or putting in the first peg of support) all the precious metals are up in the overnight trade; silver is in a perfect “max pain range compression” stage here, ready to break out of Friday’s relatively tight range in either direction with advantage Related articles Here’s What That Huge Commodity Fund […]
daily trading plan review link May 08, 2011
daily trading plan review link http://www.youtube.com/watch?v=ukYimU8A99U opportunities developing tactically in precious metals, energy, commodities on their significant pullbacks. Stable boring Dow stocks like KFT, JNJ, PFE, WMT cotninue to outperform Related articles Gold Bullion International to Demonstrate its Automated Precious Metals Trading and Storage Platform at FinovateSpring 2011 (prweb.com) Daily ETF Roundup: GDX Continues Slide, VXX […]
Battle ready, brain ready: a stream of consciousness reflection
(from an e-mail conversation with a new friend, the inventor of Brainmode power), Stephen asked me to reflect upon the phrase: Battle ready, brain ready. This was my stream of consciousness: it seems to me that brain state is an integral part of every behavior or cognitive process. for instance, we use a number of […]