If Only it was So Easy
The “uncertainty” of the current US economic conditions has a lot of different people taking several different views, which leads to great reading material (Click on source for full story).
The Run Down
Business Pundit: “Do you dream of starting your own business, but lack the funds? Do you have an idea that if you were given the chance you know it would work? If you’re like most aspiring entrepreneurs you are never short of ideas, but finding the money to finance your idea, well that’s a different story.”
Afraid to Trade: “We’ve heard the market adage: “Sell in May and Go Away!” but does it really work? Historically, the market has performed better from the October - May period than it has from May to October, but I wanted to show you the last few years starting with 2002 and conduct visual inspection of this strategy.”
The Digerati Life: “As a self-employed individual, I’m finding that I’ve got new things to tackle and look into as part of this new “designation.” I’ve actually never been truly self-employed before, although I had been a software contractor in the past during the dot com era when hourly wages were through the roof.”
Arohan’s Investing Life: “Senator Obama is willing to increase the Capital Gains tax rate to 25% range (but definitely not more than 28% according to him). Ostensibly the higher tax revenue will go towards funding more government social programs.”
My Investing Blog aka Men in Black: “First thing is first, I’m a big fan of the 401k and not contributing to it if your company offers it is your first big mistake in investing. Your company is giving you a raise every 2 weeks when you use it. Who doesn’t want FREE money? You’d be surprised…”
Frugal Dad: “I’ve known people who have taken on “fixer-uppers” for a variety of reasons and suddenly they find themselves without the motivation or means to continue. It’s a cautionary tale for taking on such projects, but you are here now, so let’s consider your options.”
Blogging Stocks: “Apple losing ground. Who would have ever believed it?”
Option Addict: “Last time we looked at this chart it was in my January archives. In fact if you click on Jan 2007, it is the first one to pop up. This was a trade I took back at $80 and been playing it ever since. Anyhow, I want to use this as a case study. If you decide to take this trade repeat after me…”
The Big Picture: “Since we have been spilling so many pixels on Crude lately, I wanted to point out this excellent piece from the Dallas Fed Research department on Oil prices.”
Hedge Against Speculation: “It`s fair to say that this move past 1390 (major resistance) is not a good sign for short sellers but we have not closed past 1400. Some believe that 1400 is actually the major resistance, so a close above this level would be a win for the bulls, and a retest of those 1440 highs would be likely.”
Chart Swing Trader: “Technically, things are not much different from yesterday. The Nasdaq did get above its 200 day moving average, but it certainly didn’t do so in a very convincing manner today. I see both the S&P 500 and Dow setting up bear flags here.“
WSJ: “Am I hoping for a return? Are you kidding me? I don’t care if I ever get my money back. I used to sneak in when I was a kid. It’s much better to be able to walk in through the front door.”
Motley Fool: “Big Oil didn’t ruin my life. It’s probably not ruining yours, either. Want to find the reason for the spike in gas prices? Go look in your garage. It’s sitting right there.”
image source - epicharmus
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Nice list! Thanks for the mention.
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