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July 2012



Summer Haiku Contest

July 23, 2012 – Comments (37)

Starting 7/23/2012 and ending 9/28/2012, I would like to open up entries to a Haiku based stock picking contest. Only rules are it has to be an individual company with an opening price of $2 on Nasdaq or NYSE (no indexes, leveraged ETFs, or plain vanilla ETFs allowed) pitched in haiku form. We will take the first 5 votes for each Haiku rated on a scale of 1-10 and that will contribute 50% of the overall score. Obviously, you can't vote for your own haiku. I will take submissions up until Wed 8/1.   [more]



Give Me a Double Order of Pessimism

July 11, 2012 – Comments (1) | RELATED TICKERS: CMG , MCD , JCP

The biggest bull sign I see right now is a huge amount of pessimism in the market. To a certain degree it is the byproduct of election trail rhetoric, "the worst economy since the Great Depression", "a huge outsourcer of jobs", "we're better off now then where we were on the brink of collapse in 2008."   [more]



1 Big Day Does Not Break the Trend

July 01, 2012 – Comments (7)

Over the past few weeks, I was considering if the dollar strength and slacking oil prices would help to prop up retail spending and GDP here in the U.S in the second half of 2012. However, with Merkel stepping up and supporting the notion of ECB bond buying in the south of Europe and oil surging 9.24%, I paused to wonder if my theory still has traction.  [more]

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