Monday Moves:
filed in My Investments on Jan.12, 2009
Since I am down and out with the flu I have no energy today and cant even get out of bed. I wonder how I’m supposed to call in sick when my office is this laptop? I am not looking to trade today and just scanning the news.
(NT) is up about 15% at the open at the moment and so my holding is growing further. I was thinking of getting in some more shares, but will probably just ride this holding. I’ve already doubled my money in a very short time!
If anyone reading is looking for some new strategies, here are a few sectors to look for investing:
Its been mentioned in the above video that the “buy and hold” strategy does not work. I would have to agree, with a passive strategy, you lose money on the frequent dips only to wait for a spike. Well, if you sell at small profit increments you are growing your money (be it slowly) but will have upside when the rest of the market is slowing further. Again, the use of stop loss trades are a must in this market according to this analyst.
Oil is down again on further speculation that OPEC cuts will not be enough to match the lower demand and increasing supply.
The US markets are lower mainly due to the fact that earnings season has begun and there isn’t any expectation of good news. With many companies already waring of dismal results, the hope for some is that the reporting of results will be bad, but not horrible.
If you are looking for the Freebie Monday, the article is below
Happy Investing!
Aman, MBA
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January 12th, 2009 on 2:57 pm
Sorry to hear your sick. I hope you feel better very soon. Looking forward to more commentary throughout the week (providing your feeling better of course!). Take care.
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January 12th, 2009 on 4:03 pm
Aman,
I wanted to ask, is there a particular area of the Bloomberg website where you get your videos? Or do you just watch a lot of it on TV and decide what’s interesting to you and make a video of that?
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admin@BullsBattleBears Reply:
January 12th, 2009 at 8:25 pm
Hey Lee, thanks..
for the Bloomberg vids, I just roam through Youtube to get the best ones in terms of content quality and time length. But you are correct, I do have Bloomberg running on one TV almost 8-12hrs/day as they seem to offer more unbiased information compared to the other two options (Fox, CNBC).
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January 12th, 2009 on 4:48 pm
the doctor is sick! the irony! make some trades and I am assure you that all will be better!
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January 12th, 2009 on 5:14 pm
Aman,
enjoy your daily posts. chicken soup will have you back on your feet sooner than any drug.
Peter is right, make some money to boost that immune system lol.
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January 12th, 2009 on 8:27 pm
@ FPB & Peter
Yes, the doctor is sick haha…but it had me think of another topic that I might want to discuss on a weekly basis. But right now, rest is best.
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January 12th, 2009 on 8:30 pm
I’m a doctor of neuroscience rather than medicine so I can’t help you with your flu Aman, but I bet some success on the markets would perk you right up.
I do have some brain food on the markets if you think it’s relevant – looking at the biological aspects of how the brain reacts to decision making situations like really complex situations like the stock market in my article The Stone Age Brain vs The Stock Market.
just been browsing your archives – you have some interesting analysis.
-Patrick
veryevolved.com
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admin@BullsBattleBears Reply:
January 12th, 2009 at 10:02 pm
Hey Patrick, you have a great site and some interesting reads cant wait for the next one you put out! Thanks for coming through and look forward to providing some good reads as well…
btw, I did one semester of Neuro-anatomy in medical school and that was enough lol…your in a tuff field, my hats off to you!
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