Posted on March 9, 2010 by Adam
This is the first in a series of posts dedicated to explaining the series of events and phenomena that led up to and caused the most recent financial crisis.
There are many terms thrown around when folks talk about the financial crisis. Last year especially, the news was awash with terms like “Credit Crunch,” “Bailouts,” “Derivatives,” [...]
Posted on May 15, 2009 by Adam
It’s no secret the world is heating up. Of course, some people would have you believe otherwise. As a technician, I thought I could help add some proof of the trend of higher temperatures.
I used historical temperature data to plot a chart of average temperature anomaly, that is, how hot the earth was vs. how [...]
Posted on May 5, 2009 by Adam
The Yankees/Red Sox game is in a rain delay, leaving me time to write about one of the topics I am most passionate about! For an idea of what I think of the Boston Red Sox, check out this link).
In the aftermath of this “great recession”, as it’s now being called, we are going to [...]
Posted on March 25, 2009 by Adam
I wanted to spend some time thinking about the future. Where will we be in three years? Based on the recent monetary policies our government is employing in the scope of today’s global economic climate, I have some ideas. I have already posted about how the Dollar is dead, which will be a catalyst for [...]
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Posted on March 23, 2009 by Adam
I don’t know about you guys, but I tore the freaking cover off the ball today.
Yeah, yeah, the market is up 5.5%. My account is up 21% today.
I know I’m bragging, but I deserve it after getting knocked around for three weeks straight last month.
The big breadwinners today? HES and RIMM.
Copied and pasted from my [...]
Posted on March 10, 2009 by Adam
Who says we can only speculate on stocks?
I think I can make some money on Wacko Jacko! Michael Jackson recently announced a series of performances in London this summer that will be his last ever live perfomances, period.
While I love the King of Pop, I love profits even more. I know this concert will sell [...]
Posted on March 8, 2009 by Adam
If you have been following the news, you may have heard that the SEC recently released a copy of this report, which was submitted in 2005 by a whistleblowing Wall Street insider, warning regulators of the vast fraud underway in Bernie Madoff’s fund. The SEC completely ignored the warning, submitted by Harry Markopolos long before [...]
Continue ReadingPosted on February 21, 2009 by Adam
I’ve written in the past on the deleveraging of the debt bubble that has contributed to this financial crisis, but I was reminded of just how bad things are when I read an article in the New York Times talking about how Harvard is managing its endowment portfolio during the downturn.
Like all Universities, Harvard generates [...]
Continue ReadingPosted on February 20, 2009 by Adam
As I watch the futures market this morning, I feel like I’m in the twilight zone.
Prices closed at their lowest level in six years yesterday.
Dow futures are down 100 points in premarket trading.
The housing market looks terrible.
The government keeps making things worse.
I’m tired of this.
If you can be in cash, now is the time to [...]
Be on the lookout for an extended pullback.