Portfolio Theory and Capital Markets

So, I'm still working my way through Portfolio Theory and Capital Markets by William Sharpe.  It's an excellent book although a bit dry in places.  The dryness might be unavoidable though with all the math involved.  I highly recommend the book as long as you don't have an aversion to math.  As a guest on Bloomberg radio once said, "Math waits for no man".  Have a good one and good luck with your trading.  Cheers.

Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.

My rate of return for the year through 6/24

I just check my rate of return for the year so far and my account says, "Personal Rate of Return from 01/01/2010 to 06/24/2010 is 17.4%".  That's not too bad since the market has been a bit wonky lately.  I'm still working on improving my market view and considering other strategies as well.  Have a good weekend.  Cheers.
Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.

Radio and book resources

Here are a couple radio and book resources that you might enjoy.  http://www.bloomberg.com/radio/ has a great show called Bloomberg Surveillance with Tom Keene.  It's an interesting way to keep up on what's going on in the market.


Portfolio Theory and Capital Markets by William F. Sharpe is a very interesting book.  It gives one methods to quantify expected returns, probabilities, and much more.



I'm still holding MAT and EXPE for now and they're doing well. Best of luck with your trading / investing. Cheers.
Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.

Recovery Steady, But Job Market Could Suffer For Years: Bernanke - CNBC

Bernanke had some interesting comments on the current economic conditions. Here's a good summary: 
Recovery Steady, But Job Market Could Suffer For Years: Bernanke - CNBC .  Cheers.


Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.

IBD reports that the market is in a confirmed uptrend

IBD reports today that the market is in a confirmed uptrend - http://www.investors.com/NewsAndAnalysis/Article.aspx?sec=Investing&col=BigPicture . I'm taking positions in MAT and EXPE based on my prior screening of the stocks and current conditions. Good luck with your trading / investing. Cheers.
Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.

Interesting comments on "flash" event and current market conditions

Here's a brief video from CNBC where they're interviewing Art Cashin, from UBS, and regarding his take on the "flash" event and the current market conditions. Cheers.

Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.

The 1000 point drop in the Dow

So, unfortunately I was stopped out of my positions in Expedia and Mattel when the Dow mysteriously dropped 9% and then jumped back up in the span of 20 minutes last Thursday.  Here's the USA Today's take on that event - http://www.usatoday.com/money/markets/2010-05-10-mart10_ST_N.htm .

I'm not going to let this keep me from trading though.  I'll wait for another confirmed uptrend and get back in the game.  Have a good one and good luck.
Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.