Investors were in for an onslaught of economic news today. The Department of Commerce released its Advance Report on Durable Goods for November today, and it turns out that new orders for durable goods decreased 1.3 percent. Click here to see the full report. The Department also released the New […]
Monthly Archives: December 2010
105 posts
The Wall Street Journal reported today that 98 of the U.S. banks that had received bailout funds are heading toward failure. This is an increase of about 12 banks from the second quarter figures. You can read the full article here. Economist David Rosenberg told CNBC today that he expected […]
Chances With Wolves is a weekly music show on East Village Radio produced by three childhood friends who share a love of hauntingly beautiful covers, a rich collection of old records, and an aversion to the mainstream, repetitive airwaves. Kenan Juska, Mikey Palms and Kray (just Kray) recently did a two-hour episode […]
The Management Access model managed by Douglas Estadt is a day trading model with a focus on the purchase of the stock of companies with credible growth stories that have released news that will eventually be worked into the stock’s price. Estadt uses management presentations with fundamental analysis and trade […]
In the Precedent-Based model, manager John Ward combines fundamental analysis with market timing strategies that come from the daily tracking of technical action. Ward’s objective for the model is to minimize risk. The model becomes more diversified when the market is trending down and also holds inverse ETFs at times. […]
Has the financial crisis, combined with the explosion of social media and broadband, changed how young adults think about money and value? Are new systems of wealth generation and abundance now feasible? What does the future hold for banks and other financial institutions as peer to peer exchange gains traction?
Amazon released some 2010 and holiday sales data this morning. Among the results [added]: On the peak day this season, Amazon’s worldwide fulfillment network shipped over 9 million units across all product categories. [That’s 104 items/second.]
Julia Roberts was reportedly paid about $1.5m for this 45 second spot for Lavazza. That’s $250k per smile.
Legend has it that Picasso was once sitting in a Paris café when an admirer approached and asked if he would do a quick sketch on a paper napkin.
James Flora serves 28 types of Michigan craft beer in his establishment, and he has a novel method of determining the price for each:
RSA Journal has an interview with behavioral economist Dan Arielli that contains this interesting finding: many US states prohibit people from using their mobile phones to send text messages while they are driving, yet accident rates have actually gone up in these states because the new law has prompted people […]
In the Rebound ETF model, manager Rebound Trading Systems uses both technical analysis and a proprietary momentum model for choosing ETFs to add. When the model is fully invested, a total of seven ETFs will be in the model. When the model is not fully invested, excess funds remain in […]