July 09, 2009 –
Hi all, [more]
May 12, 2009 –
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RELATED TICKERS: BAC
, JPM
, FAS
I think the last month or so was about the easiest to be a trader. We had a broad market rally that was affecting nearly every sector, and we had a sign post in the future that *told* us when this rally would end. [more]
May 11, 2009 –
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RELATED TICKERS: BAC
, JPM
, BMO
Was there really any doubt that the financial sector would go up! up! up! during the lead-up towards the miraculously fake stress tests, only to show a subsequent down! down! down! as soon as the report came out? By the rumor, sell the news, right? [more]
May 08, 2009 –
I know that times are tough. I know that many, many people have lost 50% of their 401Ks and aren't sure how long they're going to have to delay their retirement as a result. This is terrible, I know. And I feel for those people, and wish them the best. [more]
February 24, 2009 –
We've heard it all a million times at this point: people are losing millions in their 401Ks. People near retirement age, in particular - which thankfully does not include me - are in the most severe trouble. I do not need to repeat what has been said before. [more]