Why did they choose BRIC as the acronym for Brazil, China, India and Russia? Why not CRIB? Makes way more sense as these are emerging
readThis is the May 11th edition cover, The Economist. [[SPY]]
readInsider buy/sell levels overlaid with SPY over the last year. Building a solid bearish case 🙂 based on both sentiment and technical analysis.
readI’m currently in a waiting mode, and believe the gaps will soon be filled. Commercial hedgers are pessimistic as well, see arrow at the bottom.
read[[SLW]] looks like sh*te. This is a continuation pattern – a descending triangle. Thankfully it’s not huge, the drop shouldn’t exceed $3. At that point
readHere’s the latest news if you missed it: Cyprus Bailout Early Saturday, the nation reached an agreement with international lenders for bailout help. Part of
readIt’s about that time of the year when I take a look at the Lazy ETF portfolio aka the Couch Potato. Brief recap: Hypothetically invested
readI’m not a perma-bear but I AM short the SPY at the moment. With every confirmation of my position I wonder if I’m biased. I’m
readQuestrade will no longer charge commission on ETF purchases. Here’s how it’ll work: You’ll pay the ETF commission at the time of purchase, but they
readSmall traders are wrong (long at peaks), Commercial hedgers are right (long at bottoms) – most of the time. There’s also a small matter of
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