Consistent with the recent theme here, readers are pointed to this fine New York Times piece by Louis Uchitelle on the subject of the ongoing marginalization in the Obama White House of former Fed chairman (the one with his reputation still intact) Paul Volcker, head of the President's Economic Recovery Advisory Board.Listen to a top economist in the Obama administration describe Paul A. Volcker, the former Federal Reserve chairman who endorsed Mr. Obama early in his election campaign and who... Continue Reading
Submitted ByTushar Mathur
What is Credit counseling in the First Place?
People with a bad credit rating, stands a fair amount of chance to repair their credit rating with the advice of a credit counselor from a good credit counseling agency. What this aims at is helping the creditors understand their buying patterns and...
Submitted ByJeff Miller
When there has been a nice market rebound, we should expect to hear the familiar refrain: It is a stock picker's market. This wise-sounding expression means that it is no longer good enough to "buy the market" whether through index...
Submitted ByMichael Michaud
Free TrialThis course is the culmination of Professional Option Trader A.J. Brown's more than 5 years of options trading experience teachings, all boiled down into a simple step-by-step system.Doesn't matter if you're still wet behind the ears, or you've got a few years of trading behind you --...
Submitted ByThicken My Wallet
If history is any indication, economically disruptive rescission, like the 1991 variety, tend to produce two things in their wake. There is a predictable increase in companies reporting losses or profits based mostly on cost-cutting initially and, correspondingly, companies begin to be creative in...
Submitted ByMark McQueen
As we spread the good word in the U.S.A. about Wellington Financial, I’ve come to appreciate just how differently various venture debt firms approach the same deal opportunity. CFOs try to find similiar threads between the various product offerings, but as with buying a car, you can’t always...
Submitted ByMark McQueen
Leave it to a Kuwaiti cabinet minister to tell us like it is!
I had the good fortune of attending a luncheon yesterday hosted by law firm BLG. The guest of honour has Ahmad R. Al-Haroun, Minister of Commerce & Industry for Kuwait. He was a very personable and experienced man, just [...]...
Submitted ByCorey Rosenbloom
Today's intraday price action gave me a chance to show you two specific Fibonacci Retracement grid examples of how to use the "Fibonacci Retracement" tool to find potential trade entries or reversals in price. Let's take a look at them and learn how to use this tool...
Submitted ByMark McQueen
It’s a big ole world out there, and the time has come to tackle a bit more of it.
We announced the opening of a California office yesterday, which is our first physical foray outside of our home base in Toronto. Since Wellington Financial Fund II started doing deals in 2004, we’ve been...
Submitted ByTrader Mark
Interesting time for this very compelling story in the Wall Street Journal as we were just having this discussion in the past 2 weeks in one of our comment threads - the potential friction between India and China as they "grow up". As Americans conflict is a great thing for us, as one of the last...
Submitted ByTrader Mark
Wow, one of my long term limit buy orders finally hit out of the blue... unfortunately it reports earnings next week so we'll have to keep a close eye on it. The name is Fuel Systems Solutions (FSYS) - this was a big winner for us in 1st half 2008. Basically natural gas engines, much of...
Submitted ByGary Tanashian
You know, I sit here and twittle my charts and bitch about this and that, but there are some real heavy weights out there who really know how to get to the point, whether written or spoken. Like Karl Denninger for example, flipping the bird to China in this open letter...
Submitted ByTrader Mark
Chinese insurance firm CNinsure (CISG) is up about 4.5% on double the normal volume in just the first 90 minutes. Maybe there was a positive brokerage note out on this name... I don't see any particular news and earnings are not for a while. I assume something is up, but who knows what it is...
Submitted ByTrader Mark
As a reminder, if you are interested in this type of fund as a worthwhile consideration for future investment, please consider reading why this blog exists.
[Jan 7, 2008: Reader Pledges Toward Mutual Fund Launch]
[May 26, 2008: Frequently Asked Questions]
Our story in Barron's [A New Kind of Fund...
Submitted ByGary Tanashian
NFTRH55 has just been published for subscribers. It portrays a different environment from NFTRH4, dated 10/18/08, excerpted below:...
Submitted ByTrader Mark
First, pardon all the trading today - some days just require it. I'm already exhausted and its only 2 PM.
Second, we've been saying the indexes are not reflecting the carnage seen "underneath" - my watch lists are full of names in the $500M to $5B market cap space which is my sweet spot, and...
Submitted ByGary Tanashian
In 1999, the price of gold bottomed after having ridden the post-Volcker era down along with treasury yields. This was due to the sound policies the former Fed chief rammed home and the confidence that ensued.
Enter the Maestro, Greenspan, who inherited the benefits of this sound policy and used...
Submitted ByGary Tanashian
Today we continue with our series of blasts from the past, handily available now that NFTRH has celebrated its 1 year birthday. I do this to subtly remind readers of how important perspective is in navigating the markets. Also, to show newer subscribers how I operate. I think that one theme in...