I have the need for one more non-financial post about Le Tour de France. I posted my chart of the Dow earlier for those who need their $ fix. The media is well known for trying to create a buzz out of nothing to sell papers or gain viewership. This year they actually had something…
Author: Alex Fotopoulos
Charting the Dow ($INDU) – 7/27/07
I hope nobody fell into too much of a panic last week. In my Dow Charting post last week I said I didn’t think the Dow Industrial average would fall more than 500 points in the near term. It fell 565. I had it right until the last 20 minutes of the day on Friday…
Timing the Markets
Last week I was reminded of the famous line from the movie Airplane, around the time the shit was literally hitting the fan, Steve McCroskey said “Looks like I picked the wrong day to quit sniffing glue.” I wasn’t reminded because of what looked like a beginning of a crash that could possibly be avoided like in the movie,…
Reader Request: ETFC & USB
Kadena sent an email to me yesterday asking about E-Trade (ETFC) and US Bancorp (USB) and my short term opinions on them. Motley Fool had a bullish article on ETFC yesterday. Maybe ETFC is just falling with the overall market’s concerns of the subprime woes. The chart is scary. Before I get in I want to see…
Comcast (CMCSA) Disappoints
CMCSA profit increased 28% and earned 19 cents per share. That was in-line with estimates, but the street was hoping for more. CMSCA has taken a beating this morning, down nearly 6% at one point. This might be a short-term dip though. Revenue is still expected to grow by 11%. Checking out the chart, I…
Le Tour de France, Sans-Maillot Jaune
I temporarily interupt this investing blog to give my thoughts on Le Tour de France and the doping scandal du jour. I’ll get a stock pick posted later this morning as usual. No yellow jersey is being worn today because Michael Rasmussen’s team finally wised up to the rules and fired him. He didn’t test positive…
MON, ADBE & MRO Trend Lines
I’m long Monsanto (MON), Adobe (ADBE) and Marathon Oil (MRO) in my IRA and taxable account. I’ve covered none with a call yet. I thought all were about to rebound from their trend lines, but looking back I see where I rushed into MON and could have timed the other two a little better. MON has taken…
Did Yesterday Scare You?
What a day yesterday was! Here’s a short list of the big events that were announced yesterday: – Alexandre Vinokourov was busted yesterday for doping in Le Tour de France (a cyclist doping- no surprise) – Lindsay Lohan getting busted for doping (a spoiled young movie star on drugs – no suprise) – My blog was…
8 Tips for Setting Priorities
I’m a project manager in real life and find myself structuring my life based on what I’ve learned working as a project manager. One of the keys to achieving goals is to set priorities. “There’s not enough hours in a day”, is a cliché for a reason. Most people don’t take the time to sit…