Wednesday, May 27, 2009

In business

Hey everyone

The covered call account has reached its capital requirements and is now in business. Now to find the first trade! Thanks to Optionsxpress for partnering!

Tuesday, May 19, 2009

certainty is king

As I watch the earnings, economic numbers, and other factors come in today, the idea of certainty in regards to analysis came across my mind.

The idea that an analyst understands his field is only shown through his/her ability to correctly and consistently forecast his/her numbers. I will be looking at analysts in different fields and hopefully find some analysts that are consistently close to actual numbers.

Bank of Black Rock America?


I just read a story in the New York Times talking about Black Rock's role with managing government programs and private funds during the bailout. As you will read, Bank of America OWNS 47% of Black Rock! I'm thinking the likely hood that Bank of America will survive is pretty good because of this.

Thursday, May 14, 2009

today's thoughts

How is it a surprise to the "experts" that consumer spending is low when employment has continued to go down? Until employment changes, this economy will at best be in neutral.

There needs to continue the effort to create new jobs through the green economy. That will get the non degree holding work force of america back to work. Without this major investment, I am not positive on this economy at all.

Where else can investment dollars go to grow the economy? Let me know.