Pictures can speak louder than words. So here is a shot of the performance of my E*Trade account.
Bellow are some screwy screenshots from my E*TRADE account (you’ll also get to see what my E*TRADE portfolio looks like). Early this week, I setup a trade in Lucent Technologies (LU). It was a complete chart play. I haven’t been monitoring the stock fundamentally lately, but I recall my last analysis of it was something like “undervalued because people are still scared of the name.” Feel free to ask me more about my rationale behind the trade (or any of the others), but this post will focus on the odd things that were happening with my account as the merger between Lucent and Alcatel (ALA) played out today.
TheBuyList.com is a nice, simple website with just one purpose: to show you if mutual funds are trading the stocks you’re tracking.
Just enter a ticker and click a button. You’ll be shown a table of “recent” transactions of that stock made by “the top rated mutual funds”. The table shows you how many shares were bought or sold, the name and ticker of the fund, and the general “family” of fund.
Wiley is trying to turn their hit Little Book that Beats the Market (discussion, Amazon.com) into a series: Little Book Big Profits. The second book in the series, The Little Book of Value Investing, is written by Christopher H. Browne and focused on value investing.
While Browne obviously has the pedigree and experience to write a book on value investing, the lack of practical examples ruins the potential of the book. The basics of the value investing philosophy are presented well and in a way that is easy to read. However, the author seems more interested in convincing the reader into buying into value-based mutual funds than teaching us how to become value investors on our own. The book would be good for current value investors looking for more arguments against market timing and day trading strategies. Aspiring value investors will have to go elsewhere for instruction, though The Little Book of Value Investing may be a good, light start for readers new to the concept of value investing.
Here goes… my first attempt at a video stock review.
I take a look at Advanced Environmental Recycling Technology (NASDAQ:AERTA), which has had a recent sell-off due to a factory delay. Is this a buying opportunity or should we be jumping ship too?
It seems that even your credit card’s rewards points are not safe from the terror of inflation. This is a real credit card offer I got the other day (click for larger image): Are we supposed to be fooled by this? I’ll let things sink in a bit before I do any speculating as to (more…)
The big news this week has been the failure of the hedge fund Amaranth. Reports are stating that, in just a few days, the fund’s value fell about 50% from a high of $9.5 Billion. The fund is down “just” 35% on the year, thanks to a nice 25% gain last month. Most of the funds early gains and eventual losses were from heavy bets on natural gas derivatives.
At this level, many expect the fund to break up. The quick liquidation of the Amaranth’s assets (and everyone else who is worried by it) is playing havoc on the markets. Here is some interesting coverage I’ve come across:
Back in July, I left my job to become a full time entrepreneur. In addition to helping InvestorGeeks grow, I spend my working day incubating a few projects through my design and development firm Stranger Studios.
At my old job, huge IT budgets were the norm. My salary depended on them. But everyone knows that the pioneers of Web 2.0 are capable of building huge applications and entire businesses on pennies. In any case, it is a lot cheaper than it used to be.
Below is a list of tools I use for my own projects and why I find them useful.
I found this interesting site through a link that came up on my Google Finance screen for Crystallex. Ant & Sons Chart of the Week Video: Ant & Sons has rolled out its updated Chart of the Week column with technical analysis video using the latest technology. The video is hosted through YouTube and displayed (more…)
Pheedo places text ads into your RSS feed. Publishers are paid for click-throughs and ad impressions. For publishers with a substantial readership through RSS, this is a great option for monetizing traffic that may not always make it to your site.
We have integrated Pheedo into our RSS feeds here at InvestorGeeks and think that you should consider it for your own sites. (Apologies to any of our feed readers who may have witnessed some anomalies in our feed as we switched things over.)