All Entries in the "Absolute Must Reads" Category
Using Basket Trading to Get Ahead of the Herd
Wall Street has been advocating diversification forever. I have my cynical reasons why, but that’s a story for a different day. However, in certain sectors diversification is necessary. Gold mining is a great example. I have been trading these stocks for a number of years. Apparently a 10-15% meltdown, when least expected, is part of [...]
100 Stocks to Combat Rising Food Prices
The government’s big ethanol push is driving up the prices of everything including a night at the movies. I just heard on the news that the price of popcorn has increased due to higher corn prices as more corn is being used to produce ethanol. It is time to think like an investor and put [...]
How I Made Eric Bolling’s Agricultural Stock Play My Own
On Thursday, June 15, the Admiral, Eric Bolling, of CNBC’s Fast Money, presented an update to his Agricultural Stock trade (Ag Play). To capitalize on the trend of higher commodity prices allowing farmers to spend more money on new equipment, higher yielding seeds and better fertilizers – he constructed a four stock portfolio.
The stocks are [...]
Eric Bolling’s Agriculture Stock Play: Is it Too Late?
My jaw hit the ground last week when Eric Bolling, of CNBC’s Fast Money, stated that his agriculture play was up 59% year to date. It hit the floor a second time when he mentioned how he was playing the sector. I have been trading commodity stocks for awhile, primarily gold, energy and base metal [...]
Stalking a Trade Thru the Eyes of a Trader
I am often asked how I determine entries and exits for my trades. Let’s take a look at a real time example and walk through the process. It is currently 11:00 AM New York Time on Tuesday June 19, 2007.
First and most importantly, I determine how much risk I am willing to take on a trade. My [...]
The 100 Most Inspirational Personal Finance Turnaround Stories Online
I just received notification that I was included on the Top 100 Most Inspirational Personal Finance Turnaround Stories Online List. That’s a mouthful. This is the second time that I have been included in a top 100 list. It is always exciting to be recognized in any manner. It means that you are making a [...]
The New ‘Four Horseman’ of Technology: Cramer Likes My Stock Picks
I am sure that many of you watch or have watched CNBC’s Mad Money with Jim Cramer. Personally I think the screaming and boo-yaas are a little much, but I do watch it on occasion. I like Fast Money much better – it comes on a couple hours later. I am quite honored, because it looks like old Cramer [...]
Introducing The Big Spend Portfolio
As an entrepreneur, I am constantly thinking in terms of opportunities. A little over a year ago my mother, who lives in Florida, had a car accident. She had a visiting nurse come in for a few weeks and I thought what a great business this would be. With an aging population, especially in Florida, [...]
Dirty Clothes are Big Business
Long regarded as the world’s growth engine the U.S. economy is currently experiencing a rough patch. This was highlighted by first quarter GDP of 1.3% down from an annualized rate of 2.5% in fourth quarter 2006. Anticipating the slow down, Wall Street analysts lowered first quarter S&P 500 earnings from 8.7% in January to 3.3% [...]
Mining Merger Mania: Say It Three Times Fast
I was shocked last week when I read a report from Merrill Lynch stating that BHP Billiton could possibly be a target of a private equity bid. BHP Billiton is the largest mining company in the world. I have always envisioned it as the acquirer not the acquiree. However, with so much money at stake [...]
