Courtesy of Benign Brodwicz’s The Animal Spirits Page
by ilene - November 19th, 2009 6:29 pm
Courtesy of Benign Brodwicz’s The Animal Spirits Page
|The Colbert Report||Mon – Thurs 11:30pm / 10:30c|
|The Word – Rand Illusion|
Andrew Corsello’s The Bitch is Back article from GQ on the boorish subject of Ayn Rand Assholes is probably the best takedown of Ayn Rand’s followers (and Alan Greenspan and Wall Street) I’ve yet seen and certainly the funniest (other than Stephen Colbert’s). It was about time for an article like this to appear and I am glad it was Corsello who wrote it.
I myself became an unabashed Ayn Rand fanatic when I was in 7th or 8th grade. I’d been reading the works of Victor Hugo and so I was totally primed for discovering another “Romantic” (note capital “r”) writer like Ayn Rand next, but it wasn’t via her well-known fiction that I discovered the Russian-born novelist and philosopher, but rather a more obscure volume called Introduction to Objectivist Epistemology, which I read extremely slowly so I could take in the complexity of the thought. It’s a very dry, technical book, but made a huge impression on me (more on this below,…
March 9th, 2014 7:54 pm
Submitted by Tyler Durden.
A week ago, when the idea of sanctions against Russia was first officially announced, we made a statement, which was obviously in jest yet which, as so often happens, was so rooted in reality:
U.S. CONSIDERING SANCTIONS ON RUSSIAN BANKS, OFFICIAL SAYS. So short London/NYC real estate you say?
— zerohedge (@zerohedge) March 2, 2014
How is this an indication of reality? Well, for one, as we reported previously, the one country that has the most to lose from Russian sanctions, Germany...
March 9th, 2014 7:53 pm
Courtesy of Mish.
In the name of saving jobs, the Spanish government has decided to change the rules as to whether or not a business is viable.
In bankruptcy proceedings, companies will no longer be free to decide whether they prefer to liquidate the company.
Instead, corporations will be obliged to accept debt restructuring offerings from creditors on creditor-proposed terms centered around debt-to-equity conversions.
Via translation from El Economista.
According to various judicial, legal and bankruptcy administration sources consulted ...
March 9th, 2014 5:35 pm
Courtesy of Doug Short.
Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.
The Downside Hedge Twitter sentiment indicator for the S&P 500 Index (SPX) continues to paint a series of higher highs on a daily basis as the market moves higher. The selling on Monday due to the Ukraine crisis didn't do much damage to investor sentiment. Most traders brushed it off which resulted in a fairly neutral reading of -5. Normally a 20 point price drop in the first few hours of trading would result in at least a modestly bearish reading below -10. This indicates that traders and investors aren't running for the exit on bad news and suggests that the dip in January shook out a lot of weak hands.
Smoothed sentiment continues to rise at a fairly steep angle. The trend line being painted doesn't ...
March 9th, 2014 2:45 pmThe Bitcoin Middle Ground That Nobody Wants To Hear
Believers in the "digital currency" frequently talk about how it has the potential to uproot the existing financial system, and replace the dollar and the Federal Reserve.
Skeptics think it's a sham, a la tulip bubbles.
A series of tweets from Nouriel Roubini capture the "anti" side quite well.
But there is a middle ground between the True Believers and the Roubinis....
March 9th, 2014 1:40 pm
Reminder: David is available to chat with Members, comments are found below each post.
March 9th, 2014 3:05 am
Newsletter writers are available to chat with Members regarding topics presented in SWW, comments are found below each post.
Please click on the new Stock World Weekly and sign in with your user name and password.
We discuss the Ukraine/Russia conflict, Bitcoin, and more. We also share some new trade ideas from Phil.
March 9th, 2014 12:00 am
Courtesy of Benzinga.Related AAPL T-Mobile, BlackBerry Users Choose Rival Brands - Analyst Blog Logitech Up on Higher Guidance - Analyst Blog Start the slideshow...
What a difference a week can make.
In that time, Apple (NASDAQ: AAPL) has become a headline-making champion with iPhone 6 r...
March 6th, 2014 3:20 pm
March 3rd, 2014 6:50 pm
Today brought three better than expected economic releases from Construction Spending, ISM Manufacturing, and Personal Income. The ISM figure was quite unexpected and Personal Income was well above expectations. If we ignore for a moment that the Final GDP reading for Q4 was lowered on Friday (which may or may not have been primarily caused by severe weather), we have had a week of better than expected economic numbers. Corporate earnings have also continued to exceed forecasts, albeit with a bit more cautious guidance.
Of course, none of that matters when the “war drums” start beating. Russia and the Ukraine are engaged in a serious game of “chicken” with a bear in the hen house. The Russian ruble has borne the brunt of the damage so far with a double digit drop today again...
March 2nd, 2014 9:29 pm
Reminder: OpTrader is available to chat with Members, comments are found below each post.
This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).
We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options.
Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.
To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here...
January 12th, 2014 2:12 pm
Reminder: Pharmboy is available to chat with Members, comments are found below each post.
Ladies and Gentlemen, hobos and tramps,
Cross-eyed mosquitoes, and Bow-legged ants,
I come before you, To stand behind you,
To tell you something, I know nothing about.
And so the circus begins in Union Square, San Francisco for this weeks JP Morgan Healthcare Conference. Will the momentum from 2013, which carried the S&P Spider Biotech ETF to all time highs, carry on in 2014? The Biotech ETF beat the S&P by better than 3 points.
As I noted in my previous post, Biotechs Galore - IPOs and More, biotechs were rushing to IPOs so that venture capitalists could unwind their holdings (funds are usually 5-7 years), as well as take advantage of the opportune moment...
December 3rd, 2013 6:03 pm
Bloomberg Brief Economics - An award winning newsletter now available to the public. Click here to find out more and for your free trial....
September 29th, 2013 10:56 pm
Welcome to the fouth update of the IRA Virtual Portfolio. First I am going to summarize the current state of the Portfolio then I will get into all the activity we had during September expiration.
Profit and Loss – Net of closed positions the portfolio is up a total of $769
Market Commentary – Last expiration I said, "I would like to put a total of $20,000 to work by the end of SEP expiration. If the VIX pops up to around 20 I plan to put about $50,000 total to work." The market didn't quite reach the goal but I did manage to deploy $15,000 of buying power. I still feel the market is too high and expect a correction during October. If the vix pops up to around 20 I still plan to put about $50,000 to work. If a correction doesn't happen I still plan to have a total of $25,000 in buying power put to work by October expiration. Now on to the act...
Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...