For the last couple of months I figured that 1) Big money was buying real silver, and avoiding miners, while 2) Amateur investors were cautious of miners and would wait to see what bernanke said before buying more. Hence the disconnect. [more]
So I don't know a ton about uranium. I started getting interested during the Japan earthquake and have been learning since. Its come to my attention that spot prices for uranium have pretty much fully rebounded, but the miners have not. I know that most uranium miners use legacy contracts to lock in a price. Are there any that dont, or that use minimal contracts? I would liek to know because: [more]
I am beating you. That is all.
I know there are some people on here that will say silver is under/overvalued at practically any price. [more]
Apparently tag and wiffle ball need to be regulate because they are too dangerous....
The climbing oil prices are making me worry about some of my stocks, and making me want to raise some cash (I am currently fully invested). Yet oil is up a crap load YTD, and the market is up. This makes me believe 1) Stocks are very cheap still and oil can climb more before it hurts us 2) The market believes this oil spike is temporary [more]
I hear time and time again that a lot of the reason that technical analysis works is because its self-fulfilling. This makes no sense to me. First of all, how did people come up with what charts they woul decide to make popular, and then make it self fulfill? There had to be some previous success before people caught on to the charts, so how did they work before they were popular? Also, if a chart bounces off support and is 3/4 of the way toward resistance, who the hell is still buying it? No technician would do that. Also, some would probably buy it even earlier, making it not bounce off of support. Plus, technicians know not to buy a stock stuck in a triangle until it breaks out. So how does it break out then? I don't get the logic that TA is self fulfilling. I am by no means a TA expert, but theres psychological reasonings behind most if not all of the charts. [more]
So I am graduating from Temple University in about 5 weeks. I have been applying for some jobs, some as financial analyst, some as equity trader. The trading firms all seem to want me to commit a few thousdand dollars as "risk capital", and then I trade their money. I don't know much about trading firms, but if I am trading their money, why do I need to put up $5000 of my own money? Sounds fishy to me, but thats how they all seem on monster and craigslist. [more]
Tradeking and TD never have these china frauds available to short. Does anybody have a brokerage that does or know of one that does?
April fools, its at $.0001
Is anybody good at reading this stocks price movement? I sure am not. I have been wanting to buy it for the long haul for months now but I keep thinking its too expensive, yet it keeps going higher. I won't chase it because its not a momo name. Is 16.7x trailing and 13.3 x forward P/E too high for a stock like this? I am so bad at finding the right P/E for a "stalwart"