Daily musings on stocks…
April 30, 2011 | In: Financial
I check AIG, probably one of the scariest stocks ever, from time to time, so that I know if I had bought AIG when the stock was trading at $0.5 back in 2009 (well the stock had 1:20 reverse split since, so it was effectively trading at $10). Yes, that's...
April 29, 2011 | In: Opinion
Investors lose money not because the stock market is bad and not because they're unlucky (or jinxed, or born under the wrong start), they will lose money when their emotions are either controlled by fear and/or greed. Let's start with fear... Fear...
April 28, 2011 | In: Opinion
I was talking to a fellow stock trader a couple of days ago, and we were discussing stocks, and how fast you can make money if you don't have these two stock trading sins: fear and greed (I will discuss them another time). Anyway, during the conversation,...
April 25, 2011 | In: Opinion
One of the funniest lines about Canadian Elections was from a Canadian standup comedian: "What? Elections? Now? Well at least let put my pants on." This line fully describes Canadian elections, they just throw it at you. It's not like every X number of...
April 21, 2011 | In: Technology
On April 11th, Google rolled out Panda at the international level. Panda is an algorithm that is supposed to penalize website with not so great content (read duplicate content), and reward websites with good quality content (read original content)....
April 20, 2011 | In: Energy
We all have witnessed how oil prices jumped dramatically in the past few months. We also know that Libya's instability should have had little effect on current oil prices, but we also know why oil prices spiked: Speculation. Speculation is a very...
April 19, 2011 | In: Energy
I have analyzed the price of BP a while ago, and I concluded that a fair price for this stock is around $44, when crude (NYMEX) is around $80 (BP's stock is directly related to crude price). But now crude is trading at $107, and BP is trading at $44.76. I...
April 18, 2011 | In: Financial
One of the worst bank stocks (of course with the exception of AIB and IRE) is BAC (Bank of America Corporation). This stock is in a downtrend since April of 2010, and everytime the stock breaks the $15 level, it goes down a few dollars. The stock reached...