July 30th, 2010
The paragraph below was taken from an “MarketWatch“ article.
“And according to an analysis by the Central Intelligence Agency, the U.S. has one of the most unequal income distributions in the world. In this field, most of the developed world is pretty much in line — Japan, Italy, Australia, Canada, Norway, Great Britain. Some are more unequal than others, but all are comparable. In each case, of course, the rich make more than the middle class, sometimes a lot more. But they generally occupy the same economy.The U.S.? Our income distribution is more in line with Zimbabwe, Argentina, and El Salvador. We think of Russia as the land of oligarchs, but America’s inequality is actually slightly greater than Russia’s.
This is a preview of
America’s Economic InEquality – How The Rich Are Winning
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Posted in Economy, Money | 1 Comment »
July 27th, 2010
This review is both about DVD 4 of Timothy Sykes PennyStocking stock trading program as well as a review of the whole course content DVD 1-4. I will fist talk about DVD 4 and then about the overall quality of information of the entire course.
Timothy Sykes PennyStocking DVD 4 Review
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Timothy Sykes – PennyStocking DVD 4 – Charting, Self Publishing and Learn From Mistakes
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Posted in Stock Trading, Technical Analysis, Trading Psychology, Video Trading Courses | 1 Comment »
July 20th, 2010
Looking at my stock and index chart indicators, it looks like the markets are headed south for the next leg. I got out of my position over 2 weeks ago and now it is basically a waiting game, the indicators tell me that I should be in all cash and possibly the DJIA (Dow Jones Industrial Average) is going back under 10,000 within the next month.
Posted in Economy, Stock Trading, Technical Analysis, Trading Psychology | Comments Off
June 29th, 2010
Here’s a great article about what the U.S Government is telling the public versus what is really going on in the job market, the U.S debt and where the American social system is going.
Have a read of the CBS MarketWatch article:
The Three Biggest Lies About the Economy
Permanent link to this post (50 words, 1 image, estimated 12 secs reading time)
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June 25th, 2010
I recently bought some contracts in iShares Silver ETF (SLV) for Jan 2011 @ $19. Why am I now looking into silver, my reasoning behind it is that the stock market at this point may have topped and for the rest of the summer most likely will go down ( as mentioned in last article). In light of this, GOLD and SILVER have an inverse relationship to the stock market, so my speculation is that within the next six months when the stock market goes down the price of silver will be rising. The iShares Silver ETF is currently trading at $18.43, and I am speculating that it will be above $19 by years end.
This is a preview of
Bought Options on iShares – SLV (Silver ETF) – Jan 2011 @ $19
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Posted in ETF, Option Trading, Stock Trading, Technical Analysis | Comments Off
June 23rd, 2010
The recent run up in the stock market allowed me to close the positions I had in the two stocks that I have been following which were BBD.A-TO and MVIS. This is a relief because I wanted to make sure that I am not holding any stocks from this point forward, until some bargains presents itself.
This is a preview of
Recent Run Up In Market Allowed Me To Close Open Trade Positions
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Posted in Stock Trading, Technical Analysis, Trading Psychology | 1 Comment »
June 12th, 2010
Currently, I am only trading 2 stocks, Microvision (MVIS) and Bombardier (BBD-A.TO), however since I got into the trading positions for these 2 stocks the stock market is having trouble setting a direction.
On the charts it would seem that both stocks have hit a bottom, and all I am looking for is a movement of about $0.15 to $0.18 and I get out….however it seems that the stocks are struggling to even move that little in price action.
Posted in Stock Trading, Technical Analysis, Trading Psychology | Comments Off
June 5th, 2010
Currently most of the Android smartphones out there run Android OS version 1.5 to 2.1. Rogers.ca offers some of the newest Android smartphones like the Sony Xperia X10, HTC Magic, Motorola Quench and LG Eve, however even though they are the latest smartphones that Rogers Canada offers, don’t get me wrong they are great multi-function phones, but those phones are still running Android versions 1.5 to 2.1.
This is a preview of
Waiting For Preloaded Android 2.2 SmartPhones to Come Out
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Posted in Off Topic, Technology | 2 Comments »
May 29th, 2010
Up to about a year ago, I did an extensive amount of travelling for business and many times I thank the stars that while running from home to airport, then to client offices and meetings…sometimes walking distances to find the right building that I had comfortable shoes on.
Here are 3 shoes that are comfortable and ideal for travelling
1. Timberland EarthKeeper’s Oxford
Posted in Off Topic, Travel and Leisure | 1 Comment »
April 26th, 2010
If there is anything the credit crisis over the last few years has taught us is that debt is bad, despite what financial companie’s try to tell you. The other thing is that everyone has to really watch their spending. Part of the monitoring of spending is those little things that you buy, like coffee, latte or a bottle of water here and there.If the economy continues the way it has been for another few years, you will most likely be forced to change your habits, especially if you are in heavy debt, you have no savings or if you are in a job that is at risk of layoffs.
This is a preview of
Financial Advise – Mind The Small Things, They Add Up
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Posted in Money, Personal Finance, Saving, Spending | Comments Off
April 24th, 2010
1. Create A Balance Sheet
Begin and look at your net worth by collecting your most recent investment statements and going online to retrieve your current account balances.
Once you’ve documented your assets and subtract your liabilities, consider the following questions:
- Does any one financial asset consume a disproportionate share of your net worth?
- Are your assets properly insured?
This is a preview of
12 Things That You Can Do To Improve Your Finances Now!
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