Category
dollars
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06.25.08Does $V offer near-term upside?FeedTheBull and I have both liked $V for it's recent strength. The technicals may indicate further near-term upside. 100-Day with 1-Day bars The trend is clearly higher. Current prices rest on the trend line for potential near-term support. The 20-day moving average is approaching a crossover of the 50-day moving average. Volume remains consistent. The price action is consolidating around $82. I'd argue a clear breakout above the $84 level would be a very bullish sign here. 10-Day with 60-Minute bars There is a retracement to the 50% levels. The pricing is ...
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05.15.08From inside a sinking shipHumorous email coming from a now-former employee at a failing company: From: XXXXXXX, XXXXX (Employee) Sent: Thursday, May 15, 2008 9:38 AM To: XXXXXXX, XXXXXX (Manager) Cc: XXX, XXXX (Manger's Manager) Subject: XXXXXX, I felt compelled to come in this AM and let you know that as of our conversation on Monday I resign. You made several remarks that helped make this decision 1.You stated " I would think at your age you ...
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05.15.08Oil at inflation-adjusted high?The following charts stops at December 2007's $83.48 price per barrel. With oil hovering around the $125 mark, we are at an all-time high. [from a comment here]
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05.15.08Are you (relatively) rich?Where do you fall on this chart of US Income Distribution for 2005? Note that this chart excludes incomes over $250K/year which amounts to < 2%. Hat-tip to a new favorite VisualizingEconomics. I have a feeling that most people that view these data are (relatively) rich indeed. Why? Because statistically speaking, you're educated, and educated folks find themselves in the tail of the income distribution: [via WikiPedia] Interesting that the professional degree holders earn more than their PhD counterparts. If you are going back to school, aim for your desired ...
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04.27.08No one knows what money isI was putting a book on the shelf this morning and began flipping through another only to find a Zimbabwe 20 dollar bill that I apparently used as a bookmark. Back and center on the colorful bill are the words: I promise to pay the bearer on demand twenty dollars for the Reserve Bank of Zimbabwe Wait. Doesn't the twenty dollar bill represent 20 dollars? It says on the bill Zimbabwe 20, so how can someone be paid 20 dollars if not by this bill? What happens if you knock on the ...
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04.23.08Gas prices reshuffle the economyA Nielsen study finds that 4 dollar gas would mean a hefty shift in consumer's discretionary budgets: Dramatic fluctuations in gas prices are disrupting U.S. consumer spending and expected to continue, leaving consumers with less money to spend at retail, entertainment and dining out, according to a new study by The Nielsen Company. Nielsen’s research shows that in 2007, the gas share of consumers’ weekly spending ranged from 12 to 16 percent. As gas prices continue to rise, Nielsen expects consumers’ gas share of their weekly spend to rise to 19 percent... “With ...
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04.12.08RIMM wants in on the ground floorRIM's bread-and-butter business comes from selling BlackBerry services to enterprises looking to give 24/7 mobile communications access to their workforce. Not the college kids that fill the databases of Facebook. So it may seem counterintuitive that RIM would develop a Facebook application to leverage their handheld devices. Two important things RIM is doing here: Giving consumer-oriented devices like the iPhone some much needed competition. This is happening as RIM must morph into a consumer-friendly brand to maintain growth Providing immediate value to America's next business leaders to adopt a ...
recent posts
- The Wallstrip Edge [Book Terser]
- How to name your own price
- Keep your worthless predictions
- The Definitive Book of Body Language [Book Terser]
- Terse Reviews
- Flatten; because users are lazy.
- P(recession) = 1, P(American is shopper) = 1
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