JESSE LIVERMORE - legendary stock trader

A brief analysis of him and his method of investing. Livermore’s big mistake was investing in false bottoms during the Depression, thinking the mini up-rallies would last, but they didn’t. The market fell 90% by 1932, and he eventually filed for bankruptcy. Best to patiently sit on the sidelines during a long recession. There’s an [...]

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Stocks Climb, Treasuries Decline, Dollar Retreats on Jobs Data


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U.S., Europe Stocks Gain, Treasuries Fall


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Treasuries Fall as Service Industries Grew More Than Forecast


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Will baby boomers and Gen Y give up on stocks and go for bonds instead?

Bernard Hickey looks at what baby-boomers might do with their investments now the stock market has crashed. They would have received more if they had invested in US Treasuries from 1969. Baby boomers may sell their remaining stocks to buy bonds and stocks may be out of favour for another generation.

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Inverse Dollar Trade 2/9/10

All eyes will be on the US dollar as the risk aversion trade and news whether a bailout will or will not happen out of Europe continues to be the driving force. As noted in our commentary Monday we expect some type of resolution and the flow of money that went into Treasuries and the dollar last week to find its way back to equities and commodities. Now for the trades: Oil put in an impressive showing today closing virtually 3% higher. We would still suggest waiting for the inventory number this week before committing fresh capital. We should have some new suggestions in the coming sessions. RBOB was higher by 2%; clients are long June call spreads anticipating a trade back near $2.15/2.20. Natural gas could go either way; we will look at longs closer to $5 and shorts closer to $6. In the middle of the range we have NO interest. Indices are rallying; we expect 1084 and then potentially 1100 in the S&P. On that we will be buying clients June 1000 puts. Today’s price $1800,[More...]

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Stocks, Commodities Retreat as Dollar, Treasuries Advance


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How To Get Great Performance Out of Bond Funds

Three years ago, the US credit system experienced something of a collapse, sending global markets into a whirlwind (a downward whirlwind it should be added). With that, a lot of investors were reminded of the importance of a proper asset allocation model, forcing them to re-examine their risk tolerance levels.

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