The Folly of My Inbox
Each and every day, I receive countless emails containing get rich-quick schemes, bogus trading systems, at-home business ideas, the latest and greatest investment opportunity, the next gold stock set to soar, etc etc. The list is endless, providing a good source of humor in an otherwise gloomy environment. Sometimes...
Please Put This ETF Out of Its Misery
As I look at my quote screen, I see Claymore US Capital Markets Bond ETF (UBD) with a bid of $44.02 and an ask of $47.99 – just a little ol’ 9% bid/ask spread. However, looking at the depth reveals more: There are only 100 shares available on either side of that that spread. The next...
Still Awaiting the First Trade of 2009 in These ETFs
You can be the first person to execute a trade in 2009 for two different ETFs! That’s right, these two beauties remain unspoiled – they have not seen any action at all this year – nada, zip! And, best of all, with no prices printed in 2009, their year-to-date performance of 0.0%...
Re-Booting America: Part II and a Merry Christmas
Even more shocking events have transpired since I first suggested re-booting our country. As the Federal Reserve, Treasury, and White House race to “save” America, corporations of all shapes and sizes have been brought to their knees. So have many families. People around the globe are being...
Merry Christmas From the Stock Market
This arrived in my inbox this morning and gave me a good chuckle. Merry Christmas from invest with an Edge. AKPC_IDS += "2725,"; [Read more...]
Sorry Johnny
I am confused. Let’s say I can’t pay my bills next month. Could I hit up friends and family for a loan? Could I borrow elsewhere, at reasonable terms? What would the lenders say? For example: “Hey Dad, I know times are tough and your net worth just took a 25% hit this past...
The Xander Zone! Triple X ETF’s are Here!
Familiar with the cult movie XXX? No, it’s not some sort of porn movie, but an action packed adventure starring Vin Diesel. The plot of the movie was about an extreme sports enthusiast who got drafted by the U.S. Government for a dangerous mission overseas. Rob Cohen, director of the original,...
3x ETFs Coming Your Way!
Are you kidding me? Direxion Funds has announced plans to launch eight new leveraged ETFs that will give you three times the exposure (long and short) on the following: Russell 1000 Russell 2000 Russell 1000 Energy Index Russell 1000 Financial Services Index This is exciting, just think what...
A Wall Street Fairy Tale
Once upon a time there were some banks in New York City. They were big banks with billion dollar buildings and multi-million dollar traders. These banks had some really smart bankers. These guys could rattle off PE ratios in their sleep. Coming from the highest-tier MBA programs in the country, these...
Tom Tomorrow: Behind The Scenes
Ever wonder what goes on behind closed doors at the White House? There are numerous explanations for how Paulson’s Bailout deal went down. No doubt economic historians will someday pen tomes on the subject. Until then, a cartoon will have to suffice. AKPC_IDS += "428,"; [Read more...]
