Archive for April, 2011

  • Sprott Begins Selling PSLV Shares
    Posted by on April 28th, 2011 at 7:59 pm, Comments: 0

    It’s official – Eric Sprott has started selling the PSLV shares that his funds own.   This is not surprising, given that the PSLV Trust trades [...]

  • Today in Silver Misinformation
    Posted by on April 28th, 2011 at 2:54 pm, Comments: 0

    It’s no wonder there’s such a preponderance of confusion about actual facts in the silver community – not only are readers misinformed by the blogs, [...]

  • Algos Gone Wild – Stupid Computers Are GOOD for Smart People
    Posted by on April 27th, 2011 at 9:21 am, Comments: 0

    Sal Arnuk of Themis Trading has been a vocal opponent of computer algorithm based high frequency trading since before the topic became mainstream.  Today, Sal [...]

  • Leveraged ETF Mechanics Illustrated
    Posted by on April 27th, 2011 at 8:42 am, Comments: 0

    I’ve written previously about the not-so-advanced math needed to understand how long term leveraged returns do not equal compounded daily leverage returns. That’s why, if [...]

  • Fear and Greed – the Psychology Behind Momentum
    Posted by on April 26th, 2011 at 5:39 pm, Comments: 0

    I’ve talked a bunch lately about the power of momentum trends, and how it goes against our natural mean-reversion tendencies.  Today I read two articles [...]

  • Silver Facts and Fiction
    Posted by on April 26th, 2011 at 9:46 am, Comments: 0

    Bob Moriarty, president of 321gold.com, penned an interesting silver piece yesterday.  I think Moriarty makes a lot of good points (especially about supply and demand, [...]

  • Shutter Fraternities For Young Women’s Good ???
    Posted by on April 25th, 2011 at 5:47 pm, Comments: 0

    Today in “Drawing Crazy, Unsubstantiated, Conclusions,” we have a piece from the Wall Street Journal: Caitlin Flanagan: “Shutter Fraternities For Young Women’s Good.” “In the [...]

  • The World Is Our Onion
    Posted by on April 24th, 2011 at 9:04 am, Comments: 0

    Or maybe it’s The Onion is our world…  You know the game – decide which of these headlines is from The Onion (hint: only one [...]

  • What James Altucher Taught Us About Silver and TravelZoo
    Posted by on April 22nd, 2011 at 9:03 am, Comments: 0

    The community of Stocktwits Bloggers ended up throwing around a pretty entertaining comment thread on the topic of linkback/search engine optimization.   James Altucher’s headline naming [...]

  • Silver is a Dog(?) And the World Is Not Coming To an End
    Posted by on April 21st, 2011 at 11:18 am, Comments: 0

    You can’t click 4 pages on the internet without running into a story about silver.  Bubble/mania/value play on the demise of the US Dollar/indication that [...]

  • Online Poker Update: PokerStars Cashout Email
    Posted by on April 21st, 2011 at 8:22 am, Comments: 0

    In light of the previous news about the online poker shutdown, and the agreement to let players get their money back, I present, in full, [...]

  • WYNN Q1 2011 Conference Call Tidbits
    Posted by on April 20th, 2011 at 5:06 pm, Comments: 0

    Steve Wynn’s quarterly conference calls are a free look into the mind of a gaming genius.  I strongly recommend that interested parties read through the [...]

  • You’re Gonna Get Your Online Poker Funds Back
    Posted by on April 20th, 2011 at 1:29 pm, Comments: 0

    News release here. “In fact, this Office expects the companies to return the money that U.S. players entrusted to them, and we will work with [...]

  • In For a Penny, In For a Pound
    Posted by on April 20th, 2011 at 8:27 am, Comments: 0

    Or, in Deutsche Bank’s case: In for $ 768 million, in for $ 4 billion.  Yes – I’m talking about the Cosmopolitan Hotel in Las [...]

  • Protecting Borrowers from Lenders (???)
    Posted by on April 19th, 2011 at 2:24 pm, Comments: 0

    Stop and read the title of this post again.   I can only hope you find it as moronic as I do, and yet, this is [...]

  • And Then We Have A Steaming Pile of Crap – GM
    Posted by on April 19th, 2011 at 1:20 pm, Comments: 0

    In my prior post, I described a bunch of charts that are Picassos.   I thank my Latin American friends at Incakolanews for a witty retort, [...]

  • “It Looks Like A Friggin’ Picasso!”
    Posted by on April 18th, 2011 at 5:11 pm, Comments: 0

    When looking at an especially appealing stock chart, my former boss used to rant half sarcastically “Look at this thing – it looks like a [...]

  • Team Hoyt
    Posted by on April 18th, 2011 at 12:49 pm, Comments: 0

    On Boston Marathon Day, I figured I’d give a shout-out to Team Hoyt.  For the un-initiated, take a look: I mean, I don’t even know [...]

  • John Hussman on Murky Bank Balance Sheets
    Posted by on April 18th, 2011 at 8:14 am, Comments: 0

    From Hussman’s weekly piece: “Two months ago, I noted that the surprise resignation of Wells Fargo’s Chief Financial Officer had caught the eye of a [...]

  • Online Poker D-Day
    Posted by on April 15th, 2011 at 4:32 pm, Comments: 0

    The Department of Justice Moved today to indict several of the top online poker sites including FullTilt, Pokerstars and AbsolutePoker.  Chops has a simple summary [...]