Tuesday, February 9, 2010

The Kirk Report

The Kirk Report


In And Out Of The Market

Posted: 09 Feb 2010 08:41 AM PST

Bankers
  • Investors worry about downturn (MSNBC)

  • The bullish stampede ends abruptly (SafeHaven)

  • Market deja vu? (Bespoke)

  • Return of 2008 trading - guess the bailout! (FundMyMutualFund)

  • Heavy hitters are short-term bullish, but long-term bearish (GuruFocus)

  • All eyes on S&P 1,044 (Vervoort)

  • Reward and risk increasing (Charts&Coffee)

  • Surviving the selling stampede (JeffSaut)

  • Can you still be a bull when this market's technicals are so awful? (TradeRadar)

  • That's what the unraveling of an uptrend looks like (WealthWizard)

  • None of last week's stop loss longs look particularly attractive yet (FundMyMutualFund)

  • The bears are putting on weight (Barrons)

  • Markets can remain oversold longer than you can remain solvent (Bespoke)

  • What the mutual fund cash level tells us (MarkHulbert)

  • Are you keeping tabs on the equity/put call ratio? (Chartly)

  • Rydex market timers are becoming more bearish (TechnicalTake)

  • One study suggesting a market that is likely to resume its uptrend or at least test its recent highs (QE)

  • Will the superbowl indicator trump the January barometer in 2010 (GuruFocus)

  • Forget the January effect - this year watch the Lunar New Year effect (Jubak)

  • How does the market typically perform in a mid-term election year? (TradersNarrative)

  • The market's following a script you can profit from (TradeKing)

  • In the shadows of the Great Recession (UBS)

  • Pullback has dialed back on excessive optimism and that's a good thing (BusinessWeek)

  • Is the market priced for perfection? (NYT)

  • The recent market turmoil is closer to starting than it is to ending (InvestedCentral)

  • Trillion-dollar tab awaits debtors (Forbes)

  • Battling the latest bear construct (Cramer)

  • Bank securitization woes only beginning (NakedCapitalism)

  • Trying to predict market won't pay off in 2010 (Philly)

  • The era of big government has returned with a vengeance (WashingtonTimes)

  • Americans give Obama his lowest job approval rating yet on his handling of the economy (Gallup)

  • Wall Street sends fresh cash to GOP (NYT)

  • Should individuals be regulated like Wall Street banks? (TheAtlantic)

  • What I learned from Hank Paulson's book (NYT)

  • Q&A with Henry M. Paulson (CharlieRose)

  • Greenspan exposes his stock-pumping bias (BI)

  • Greenie fights back! (Fortune)

  • Shocker! Nouriel Roubini gets it wrong like everybody else (Telegraph)

  • As the saying goes - it is better to be lucky than good! (CNBC)

  • Any timer of the U.S. stock market who did not beat the market during 2000-2009 has some explaining to do (CXO)

  • Financial lessons of the ages (BestMinds)

  • For all the concern over the $1.6 trillion U.S. budget deficit and record debt load, the dollar is as valuable now as 35 years ago (Bloomberg)

  • Indicators we are watching (DisciplinedInvestor)

  • Two economic indicators flashing a sell signal (BI)

  • Job charts! (Ritholtz)

  • How bad is it in Nevada? A reality check (WP)

  • More green shoots! U.S. business bankruptcies rose 7% in January (Reuters)

  • Times are changing - cash-in refis growing in popularity (LAT)

  • Is the IPO drought finally over? (CFO)

  • You should go short retail stocks with impunity (DougKass)

  • Q&A with Doug Kass (Benzinga)

  • Alert over short-selling disclosure rules (FT)

  • Yale professor sees commodities decoupling (Guardian)

  • Did you know that it takes 7 years to get permits for mining projects in the U.S.? (WSJ)

  • Investor love for emerging markets disintegrates (BI)

  • Speculators build bets against euro (FT)

  • China lists $9.6 billion in shares of U.S. companies (NYT)

  • A classic rounded reversal in Spain (AfraidToTrade)

  • Are there any bright spots in this market? (DashOfInsight)

  • Beware of big jumps among industry groups (IBD)

  • Energy sector at support (TradersNarrative)

  • Home builders are buoyant (WSJ)

  • Tech CFOs are optimistic about near-term results (CFO)

  • Goldman Sachs & Hedge Funds are bullish on tower stocks (MarketFolly)

  • How are the stock picks for 2010 holding up so far? (GainersToday)

  • Ten blasphemous trade ideas (BI)

  • 10 phobias of 2010 (MSN)

  • A baker's dozen of top stocks for 2010 (Sabrient)

  • Big cap leaders' screen reduced to just 8 stocks (IBD)

  • Which are the best 6 stocks in the Dow? (TheStreet)

  • Analysts' best picks for 2010 (MarketFolly)

  • The case for Pfizer (ContrarianEdge)

  • Buy stocks to ride the second stage of the bull market (Dorfman)

  • 10 expected big dividend growth picks for 2010 (24/7WallSt)

  • Stocks up 5% on earnings and down 5% since (Bespoke)

  • 25 stocks with mojo (StockBee)

  • Ben Graham's net current asset value approach (AAII)

  • 8 Graham stocks for 2010 (Ndir)

  • An updated free Graham net net spreadsheet (OldSchoolValue)

  • Stocks flying under the radar that are selling half of their book value (SharePlanner)

  • Stocks should pass 4 tests (DailyFinance)

  • Four stocks with high bankruptcy probabilities (24/7WallSt)

  • Taking a loss - it only hurts for a little while (AIQ)

  • Using a trailing ATR stop (Vervoort)

  • EMAs: where they belong in your trading toolbox (TraderPlanet)

  • Trading is not about being right or wrong. It is about making money. It's about making more than you lose. (TraderPlanet)

  • Back to the VIX futures (DailyOptionsReport)

  • Three types of channel breakout entries (iBankCoin)

  • Entering trends on reaction (Esignal)

  • Six steps that every trader needs to know (MarketClub)

  • New nomenclature for option symbols (FundMyMutualFund)

  • Think for yourself (JeffMatthews)

  • Organize your efforts this year around your most profitable method (StockBee)

  • Do you serve as a mentor to others? A must read article (HBR)

  • Traders should adopt the methods of professional poker players (DavianLetter)

  • More information is not always better (SmartMoney)

  • Stats and Bill Eckhardt (ATS)

  • 4 simple lessons on cost, price, & margins (OldSchoolValue)

  • Study shows that mutual fund hot hands quickly cool (NewRulesOfInvesting)

  • Long periods of continued success are undermined not by the competition but by self-inflicted wounds (HBR)

  • This service could be used as a simple online trading journal (1DayLater)

  • Dowdy Index Funds win a notable endorsement (NYT)

  • Building an ETF portfolio from the ground up (Gazette)

  • The 26 commison-free ETFs at Fidelity (InvestWithAnEdge)

  • ETFs with dividends that go up when the market goes down (StockerBlog)

  • A terrific resource - a free database of indexes (ETFdb)

  • Proshares plans 300% leveraged ETFs (ETFdb)

  • Leveraged ETF performance YTD (Bespoke)

  • Be a Zen investor (EpicInvestor)

  • Investing principles for 2010 and beyond (MarketWatch)

  • How to run your portfolio like a hedge fund (Monevator)

  • Why diversification still matters (TFS)

  • Diversification works until it doesn't (Dshort)

  • Meditations on lazy investing (MarkeWatch)

  • Three strategies for outsmarting the market (YF)

  • Investing without goals is like golfing without a putter (SimpleDollar)

  • Three reasons why the average Joe is a bad investor (PersonalFinanceNinja)

  • The financial industry is out to hammer you (InvestingCaffeine)

  • 5 financial mistakes that can cost you significantly (GenerationX)

  • Paying capital gains taxes when you trade stocks (SmarterWallet)

  • Tax tips for the self-employed (Minyanville)

  • 3 common qualities of high net worth people (MyJourneyToMillions)

  • How to choose the best financial advisor/planner for you (GoodFinancialCents)

  • Do you need a disability income insurance policy? (GoodFinancialCents)

  • 10 steps to financial success in 2010 (GetRichSlowly)

  • 100 ways to save $1000 in a day (Cesi)

  • I hope you don't have Blue Cross! (SFGate)

  • Are you gullible? (OpenForum)

  • A superbowl team of online finance's best (NewRulesOfInvesting)

  • 5 ways to reduce your anxiety (OpenForum)

  • How to reinvent yourself (OpenForum)

  • Go make your own luck! (Dr.Z)

  • 14 great ways to be miserable (StevenAitchison)

  • "You want to be in the market as little as possible and make as much money as you can while you are in." - Mark Minervini

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Sunday, February 7, 2010

The Kirk Report

The Kirk Report


Weekender

Posted: 07 Feb 2010 06:56 AM PST

A few links for your reading pleasure this weekend...

Let It Snow
  • Downtrend resistance & support for the S&P (Dshort)

  • If the S&P closes below 1030 that we should begin talking about a bear market instead of a pullback (Vix&More)

  • Friday looks like the beginning of a short-term bounce (DecisionPoint)

  • Late day reversal, a bullish sign? (Benzinga)

  • Here comes the next buying opportunity (DrDuru)

  • Who dat gonna get dem bears? (StockCharts)

  • A SPY Gartley Pattern (SlopeOfHope)

  • Channeling the Dow (SingersMarket)

  • Recovery days and short-term outlook (TradingTheOdds)

  • One person's risk is another's opportunity (DashOfInsight)

  • Weekly sentiment overview (TradersNarrative)

  • Is the market too complacent? (TechnicalTake)

  • The relativity of fear in options (Minyanville)

  • The state of the market going into next week (MarketSci)

  • How does the market tend to perform the week after the super bowl? (CXO)

  • I'm serious this time, enough with the bull market Mondays! (MarketSci)

  • Looking for a Super Bowl Effect (BusinessWeek)

  • Greed might get good again (DougKass)

  • Clueless in Washington (Economist)

  • How to make a weak economy worse (WSJ)

  • Winners & losers under Obama's new tax plan (Darwin'sFinance)

  • So, is this a v-shaped recovery? Only if you are a.... (PragCap)

  • Social Security could be next to need a bailout (WP)

  • America's two economies (Forbes)

  • Cash strapped cities begin to crumble (BI)

  • Why we keep getting poorer: high-cost housing (OfTwoMinds)

  • Here's why the real jobs numbers were 5 times worse than reported (TrimTabs)

  • Charting the unemployed for more than 26 weeks (BI)

  • Jobs is a lagging indicator - everything else suggests recovery (Guzzo)

  • Why this is not the onset of a new secular bull market (HitTheBid)

  • Why we're going bankrupt - do the math! (JasonKelly)

  • Tick tock goes the debt clock (USDebtClock)

  • The coming fury of angry America (ScreamBucket)

  • More homeowners just walk away (CalculatedRisk)

  • A primer on the national debt (WSJ)

  • Deficits and debts made clear (Reuters)

  • Massive debt burden threatens to impoverish generations to come (MarketWatch)

  • Investors now view a default by the U.S. Treasury as more likely than a default by the Coca-Cola (WSJ)

  • How likely is the U.S. to default? (Minyanville)

  • Stop freaking about the deficit - it's just more scaremongering (Krugman)

  • Uncle Sam's forecasting ability matches most market timers (SlopeOfHope)

  • How America can rise again (TheAtlantic)

  • Every human should short U.S. Treasuries (Taleb)

  • Why are higher interest rates "an absolute inevitability"? Never happened in Japan for 20 years! (TeresaLo)

  • Sector performance since January 19th (Bespoke)

  • Materials and finance bounce off 200-day lines (ChartWatchers)

  • Is copper calling a market top? (PragCap)

  • Pros like health stocks (VE)

  • It's a bull market for public healthcare spending (TFS)

  • If the market keeps going down, rest assure that the SEC will consider new short-sale rules (Reuters)

  • The global economic picture (ToddSullivan)

  • Emerging markets leading the way lower (ShortTermTrading)

  • Never short a country with $2 trillion in reserves? (ChinaFinancialMarkets)

  • Which country benefits the most from Obama's green power spending? (Bloomberg)

  • China's new foreign policy takes shape in Moldova (Reuters)

  • People's Bank of China currency reserves biggest bubble of all time? (ETFDesk)

  • You can't like Brazil if you don't like China (ReformedBroker)

  • Oblivious to the risks, Canadians are piling on record debt loads (Macleans)

  • Can the world economic recovery continue with a stumbling Europe? (NYT)

  • How to build a global portfolio: What countries do you want to own? (Jubak)

  • Companies and their reversals of fortune (TradingReport)

  • Cisco Systems is the next Lucent? (MarketTicker)

  • S&P stocks farthest below their 50-day moving averages (Bespoke)

  • 12 stocks to watch this week (TheStreet)

  • Magic formula roundup (MagicDiligence)

  • Screening like Joseph Piotroski (GuruInvestor)

  • 3 bargain stocks below $10 bucks (SmartMoney)

  • 16 dividend stocks aspiring to be a champion (DividendsValue)

  • 4 cheap stocks with solid earnings (Morningstar)

  • Top 30 short setups (SlopeOfHope)

  • 60 stocks to watch from bottom 20 sectors (StockBee)

  • Top 5 stocks for February (LouisNavellier)

  • 3 stocks with surging margins (SmartMoney)

  • Top 200 Canadian stocks for 2010 (StingyInvestor)

  • The best and worst banks in the U.S. (TFS)

  • Super bowl ads that matter for shareholders (24/7WallSt)

  • Ready for the big game? (DerekHernquist)

  • Peyton Manning and the heart of peak performance (TraderFeed)

  • 6 trading behaviors you see in the best of the best (TraderFeed)

  • 5 ideas for improving your trading (TraderFeed)

  • Don't make it personal when trading (TradersLog)

  • Are you a scalper? A few trading rules to consider (TradeChartPatterns)

  • Important news releases for short sellers (CXO)

  • 5 uncommon rules of wealthy traders (TradingMarkets)

  • Nothing beats experience when trading (TraderFeed)

  • 3 signs you are overtrading (TradingMarkets)

  • Recommending tracking metrics for intraday traders (TraderFeed)

  • Testing the MMDI (ATS)

  • Do you spend 80% of your time thinking and the 20% of your time trading? (ResearchPuzzle)

  • How cognitive fluency shapes what we believe and how we invest (Boston)

  • 8 biggest mistakes investors make (FreeMoneyFinance)

  • Buy and hold, the least worst option? (Psy-Fi)

  • Trading the calendar (MarkHulbert)

  • Since 1932 most of the S&P's capital gains have come during a seven-day period at the turn of each month (CrossingWallStreet)

  • Testing a simple sector ETF momentum strategy (CXO)

  • A look inside ETF tickers (ETFdb)

  • The problem with Dow ETFs (ETFdb)

  • Don Dion's weekly ETF winners & losers (TheStreet)

  • The time might be right for buywrite (Morningstar)

  • The truth about micro-cap index funds (Forbes)

  • What can past performance of mutual funds really tell us? (ObliviousInvestor)

  • U.S. endowments have too many eggs in alternatives basket (FT)

  • The very long view (CrossingWallStreet)

  • 2010 IRA contribution and deduction limits (DoughRoller)

  • 7 warning signs you need to repair your portfolio (DividendGuy)

  • The best high-yield savings accounts (DigeratiLife)

  • How to build a CD ladder (DepositAccounts)

  • Money management advice from Grandpa (ChristianPF)

  • February's financial checklist (PersonalDividends)

  • The best free budget worksheets on the internet (PFA)

  • Master your freedom (EnemyOfDebt)

  • America's biggest rip-offs (CNN)

  • Top six mindless money wasters (Investopedia)

  • The most phished list (Lockergnome)

  • Where not to die in 2010 (FreeMarketMojo)

  • Are you ready for tax season? A tax prep checklist (Banks)

  • Who is paying taxes? (FreeMarketMojo)

  • Want to write a book? Consider the Bookonomics (Ritholtz)

  • Hollywood's Top 40 (VanityFair)

  • Top 50 women in hedge funds (FinancialNews)

  • StockTwits is the embodiment of social media (GlobeMail)

  • The twitter train has left the station (NYT)

  • A new book on business analytics tells how some companies are discovering unusual sources of valuable information (CFO)

  • 10 simple ways to live a less stressful life (Zenhabits)

  • Top 8 printable productivity forms (OptedMagazine)

  • The magical power of focus (Zenhabits)

  • Forget the resolutions that you may or may not have broken already. Resolve to make a real change this year (TonyRobbins)

  • "There are those who work all day. Those who dream all day. And those who spend an hour dreaming before setting to work to fulfill those dreams. Go into the third category because there's virtually no competition." - Steven J Ross