Friday, 30 November 2012

Investment and Business Domain Names for Sale

Sedo has listed the top 50 domains listed for sale. Many of these are investing and business related. Here they are:

Fixedrate.com $75,000

FinancialNews.com.au $39,000

GolfPoint.com $25,000

ComparingInsurance.com $12,000

Economista.co $10,000

Funds.biz €10,000

SportsEdition.com $7,000

Notebook.mx $1,900

CondomiumRental.com $1,500

Connecting.biz $1,500

Exclusive Interview with Rachel Fox, Top Stock Trader and Actress

This is an exclusive Stockerblog.com interview with Rachel G. Fox. You should pay attention to her for several reasons. First of all, she is a female stock trader with a very successful track record in a field that is dominated by male stock traders. Second, she is a very young trader, only 16 years old, in a field that is dominated by traders who are much older. And third, she is an actress, who starred in Melissa & Joey, and had a reoccurring starring role in Desperate Housewives, in which she was nominated for a Best Recurring Young Actress in a Television Series Award. (How many actors do you hear about trading stocks, other than Shia LaBeouf, who practiced stock trading for his role in Wall Street 2.) Rachel Fox is also the publisher of her own blog, FoxOnStocks.com. Check out this fascinating interview.

How did you get involved in trading stocks? Do you have a parent or relative who is in the financial services business or is an active trader?

No. I’m the only one in my family who is an active trader. Everyone else invests for the long term. My mom has a degree in finance and was the first one to explain to me what the stock market is and how it works. I’m a very money driven kind of person. Swing trading in the stock market seemed like such a simple and logical way to make a lot of money quickly.

I think the concept of the stock market hits everyone a little differently. I know some people who understand it but for them, the thought of trading and putting their money in such a volatile position is way too unnerving.

I enjoy the risk and unnerving-ness and love the potential to make such great profits.

After I understood how the stock market works, I had to convince my parents to let me trade with real money. They weren’t sure how safe it was so my mom had me trade for a little while in a virtual trading account where I traded with fake money. There I learned the actual basics – how to place trades, limit orders, stop orders – all that good stuff.

Then, a couple of Thanksgivings ago, my family and I went to a friend’s house for dinner. I talked with a man who’s a stock trader and he was telling me about a $2 stock RAYS that he claimed would rise to $10 in the next couple months. He made it sound like such a great buy. I decided to take the stock tip from him and buy the stock with my real money. I learned a valuable lesson. Never take a stock tip from anyone. Ever. Trade on your instincts and yours only. The stock is currently trading at .005 cents.

It was a tough lesson to learn but I’m glad I know it now and it’s what got me started.

In your October blog on Confessions of a Day Trader, you talk about how you prefer to day trade instead of invest for the long term, but do you ever make long term investments?

I’ve thought about long term trading in the past but I just have so many doubts about doing it with the way the market currently works. If the market worked how it was intended to, I would. But I’ve seen so many examples of companies that are amazing and that have very progressive growth but the stock price just doesn’t go up in the same direction as its success. So many others factors like day traders, institutional and block traders, and short sellers can falsely influence the direction of a stock price. I don’t begrudge that the stock market doesn’t work the way it used to work. I’m very happy with swing trading and shorting and riding on the advantages of that. It’s just far less safe to trade long term because the market no longer works the way it was intended to work.

Do you ever look at charts when deciding to invest in a stock?

Always. Every single trade. There’s not a trade where I wouldn’t check out oversold/overbought stats, accumulation/distribution stats, etc. However, it’s extremely easy to get too wrapped up in those. They provide a nice blanket of reassurance that can sometimes be hurtful because you’ll end up leaning too heavily on them and forget to follow your gut instinct. Everything is best in balance.

What sorts of things do you look for when trying to determine what stock to buy?

First, I’ll consider the whole market and whether I should go long or short. Then from there, I’ll look at overbought/oversold charts and look for stocks that are seriously sick with one of those conditions then trade the reverse of that. For every stock, I must know its trading volumes. Being a day trader, every penny matters. I need to know how many shares are traded on an average to get a good idea of how quickly the stock price may changes. I also look at the average daily price spread. I love when the stock has heavy volatility. That makes for quick ins and outs with high profit.

Where do you get your best stock ideas?

Mainly from YahooFinance.com. I live on Yahoo Finance and I read about many new stock ideas on their website. I check the Twitter feed as well to see what’s going on with companies, government stats, and the economy. But, as I mentioned, I NEVER take a stock tip and I never trade off a recommendation from another trader.

Can you describe the best trade you ever made?

The best trade I ever made happened back in May. I used a technique many investors warn against. Averaging out. It seemed to work out nicely though in this instance.

I bought several shares of the oil stock SLB after I had seen it get beaten down very heavily. I bought it for roughly around $69. However, it didn’t matter. May was one of the worst trading months of 2012 for the market as a whole. The stock had dropped another $8 from the price at which I bought it in just a few days. I was freaking out and didn’t know what to do. My dad told me about averaging out and I thought it was such a great idea because I definitely believed that market and SLB would rebound in the near future. So I bought the same amount of shares at about $61 and got my average price to roughly $65. It only took about a week for the stock to rise up to $68. I sold for the $3 profit and made a very tidy sum.

Can you describe the worst trade you ever made?

The worst trade I ever made was my first one. The one I described in the first question. I took a stock tip, which I now know never to do, and bought a stock called RAYS for $2. That stock dropped to .005 cents. I was told by the man, who gave me the tip, that the stock was going to rise to $10. I lost my shirt and my shoes but am still glad I learned that lesson then, instead of later on.

Do you think there is a strong need for young people to learn the basics of finance in high school, and if so, what to you think is the best way to provide that education?

I absolutely think there is a strong need for young people to learn the basics of finance in high school. Money management and investing are some of the greatest skills to learn early on. That way, when it’s time for young adults to be on their own away from their parents, they’ll be competent, they won’t be taken advantage of, and they’ll be smart in how they invest and manage their money. I think it’s a much better use of time in high school to learn about finances.

The best way to provide that education is to enforce mandatory finance classes also with the core subjects -- math, English, history, and science. I think it would be cool to have professional traders, investors, hedge fund managers, bank employees, and anyone in the financial world come to schools and help teach the students more about money management.

What advice would you give to a young person who wants to start investing or trading but doesn't know where to start?

First, I would recommend they read my daily blog at www.foxonstocks.com and watch my upcoming Fox on Stocks three minute videos about stock basics.

Second, I would recommend they start with virtual trading on cboe.com for instance. I learn best by just jumping in and trying things hands on. Some trading companies provide a platform where you can trade fake stock shares with fake money as if it’s all for real. It’s a great way to learn what works for your trading and what doesn’t as well as how to do it.

Is finding time to trade ever an issue for you?

Finding trading time definitely is difficult on busier days. I find I have to constantly be splitting my head in different directions between being on set, playing with my band, reading scripts, to placing my trades before 1pm. (Regular stock market hours are 9:30 – 4pm Eastern Standard Time and Los Angeles is on Pacific Time)

A few weeks ago I was filming a show and in between takes, I grabbed my iPhone, checked out my stocks, and placed my trades. Trading on the go actually makes it even more fun because my adrenaline levels are so high.

What stocks do you think should do well next year?

It’s hard to say because I don’t know exactly what will happen with the Fiscal Cliff and whether the Triggers of Sequestration will be pulled or if lawmakers will once again delay the inevitable of paying the deficit.

Our national and global economy is on the brink of a mess, whether the government bandaids the economy or whether they start to pay their debt to reduce the deficit.

If they do not begin to pay off the debt and the market starts to nose dive, I would short sell stocks. I would focus on the highest volume trading stocks to get the biggest margins.

On the other hand, if the government can reach a compromise and can begin to pay down the deficit, the market will stabilize and be a bit more of a logical platform. However the stock market is not necessarily logical, so I’d still recommend caution. If you’re going long and the government begins paying down the deficit then I’d focus on tech, biotech, and utilities.

You've probably noticed that I haven't yet asked you a question about your acting background yet, so here it is, and I hope it doesn't sound like a job interview question. Where do you see yourself ten years from now, as a mutual fund or hedge fund manager, or a famous actress, or both, or something completely different?

I actually didn’t notice and I appreciate the focus on one career at a time.

In 10 years, I see myself working on many of great films and TV shows, day trading on the go, trading options, blogging about trading and constantly learning about the market, and touring with my band. I love rock music and love playing guitar, singing, and writing rock music. Acting is my number one passion, with stock trading a distant second place as far as what I was born to do. I love staying busy and filling life with tons of amazing things. I will be doing it all -- acting, trading, and rocking.

Thank you very much for taking time out of your extremely busy schedule to do this interview.

Rachel Fox's blog can be found at FoxOnStocks.com. Check out her recent guest blog about tech stocks at Stockerblog.com.

No investment recommendation nor any investment promotion is expressed or implied by either Stockerblog.com or Rachel Fox in this interview.

Another choppy session as we were negative for most of the day.  The Dow managed a gain of 3 points on better than average volume.  The advance/declines were positive.  We basically ended the month in a holding pattern.  The summation index continues higher but we remain overbought in the stock indices.  We've had an OK rise since the lows of November but I don't see any big moves one way or the other coming up.  But what do I know?  The market as always will go where it wants.  I think we need to see some kind of decline before we can move higher.  GE was flat on the day with average volume.  The short term up trend line remains intact here.  Gold fell again today, off $16 on the futures.  The US dollar finished trading unchanged.  The XAU dropped 1 2/3.  ABX and GG had fractional losses, while NEM was flat on the day.  Volume was light.  My January ABX calls are still in the red.  I'll need to see some positive price movement from ABX in the beginning of December or this will be another loser.  Oversold on a weekly basis for ABX.  The daily technicals are about mid range.  Mentally I'm feeling OK.  We are on to December.  The so called fiscal cliff is all over the media but it is just talk.  We need to listen to the markets.  Overbought right now but we could stay that way if this rally is for real.  The jury is still out on that.  We should see some positive beginning of the month money flows for stocks.  Gold had a negative week and we will need to see it turn around next week to negate the bearish engulfing pattern on the weekly candlestick chart.  That is something to keep an eye on.  Plenty of economic data out next week topped off by the Friday employment report.  I'll be going over the charts this weekend as usual.  For now it's Friday afternoon and time for a break.

Who's Been Raising Their Dividends in this Terrible Economy?

We keep hearing in the new about how bad the economy is and the imminent fiscal cliff and either how we may be going into a recession, or we are just starting a recession, or we have been in a recession for the last six months. If times are so bad, why are stocks continuing to raise their dividends? Are we at the 'bottom' of the bad times?

If you think higher dividends are indicative of better things to come, then maybe you should examine some of these companies that have boosted their dividends, some by substantial amounts.

OGE Energy Corporation (OGE) has increased its quarterly dividend by 6.37%

The Walt Disney Company (DIS) declared a 25% hike in the firm's annual dividend

Glacier Bancorp, Inc. (GBCI) Board of Directors declared a quarterly dividend increase 8%

Seagate Technology plc (STX) announced a 19% dividend increase

Costco approved a special dividend of $7 a share

Financial Institutions, Inc. (FISI) announced that its Board of Directors has approved a 14% increase in its quarterly cash dividend

Alexandria Real Estate Equities, Inc . (ARE) increased its quarterly dividend by 5.7%

Thursday, 29 November 2012

Great Book Gift Ideas: Buy Them Now

There is still time for you to do your holiday shopping. You can still order these books now and have them arrive in plenty of time to wrap them.

The 4-Hour Chef: The Simple Path to Cooking Like a Pro, Learning Anything, and Living the Good Life by Timothy Ferriss

The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich (Expanded and Updated) by Timothy Ferriss

The 4-Hour Body: An Uncommon Guide to Rapid Fat-Loss, Incredible Sex, and Becoming Superhuman by Timothy Ferriss

Trust Me, I'm Lying: Confessions of a Media Manipulator, by Ryan Holiday

The Art & Science of Technical Analysis: Market Structure, Price Action & Trading Strategies by Adam Grimes

Investment Philosophies: Successful Strategies and the Investors Who Made Them Work, by Aswath Damodaran

The New Tycoons: Inside the Trillion Dollar Private Equity Industry That Owns Everything by Jason Kelly

Abundance: The Future Is Better Than You Think by Peter Diamandis and Steven Kotler

Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer) by James J. Cramer and Cliff Mason

Buying Dividends: High Returns From Capturing Dividends

Fans of Dan Ariely will love his latest book, The Honest Truth About Dishonesty: How We Lie to Everyone---Especially Ourselves

The Invisible Gorilla: How Our Intuitions Deceive Us was written by Christopher Chabris and Daniel Simons

Either You're in or You're in the Way: Two Brothers, Twelve Months, and One Filmmaking Hell-Ride to Keep a Promise to Their Father by Logan and Noah Miller

Markets Never Forget (But People Do): How Your Memory Is Costing You Money-and Why This Time Isn't Different by Ken Fisher

The Only Three Questions That Still Count: Investing By Knowing What Others Don't by Ken Fisher

Incognito: The Secret Lives of the Brain by David Eagleman

Accounting for Value by Stephen Penman

Boomerang: Travels in the New Third World is the latest book by Michael Lewis

David Rosenfelt's book New Tricks

I Was Blind But Now I See: Time to Be Happy by James Altucher

A choppy session today as the Dow finished the day with a gain of 36 points on light volume.  The advance/declines were over 2 to 1 positive.  The summation index continues higher.  Overbought both short and medium term on some of the technicals for the stock indices.  The over the counter stocks are outperforming at the moment and that usually means higher prices going forward.  However we need to work off some of the overbought condition before going higher in my opinion.  I do not think that this will be a straight line up, it rarely is.  GE was flat on the day and the volume was light.  No trades in GE for now.  The gold futures rose $10 today as the US dollar was slightly weaker.  The XAU was up 1/2.  ABX, GG and NEM moved fractionally one way or the other on very light volume.  Not much action in the gold shares today as we are just trying to close out the month here.  My January ABX calls remain in the red.  Mentally I'm feeling a bit tired, did not sleep well.  November will close out with the trading tomorrow.  A lot of price movement during the month but not much progress either way for the stock indexes.  We'll have to wait and see what happens in December.  Gold is going to end the month with very little progress as well.  The gold shares however, were well off of their best levels for the month.  This relationship needs to change if the January ABX call trade is going to turn a profit.       

Wednesday, 28 November 2012

Gifts for Investors

Books

Top selling books during 2012 in the category of Investing at Amazon:

Liar's Poker

EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches

How To Win Friends and Influence People

Endgame: The End of the Debt Supercycle and How It Changes Everything

Markets Never Forget (But People Do): How Your Memory Is Costing You Money-and Why This Time Isn't Different

The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)

Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School

The Great Crash Ahead: Strategies for a World Turned Upside Down

Rich Dad Poor Dad: What The Rich Teach Their Kids About Money - That The Poor And Middle Class Do Not!

The Millionaire Next Door: The Surprising Secrets of America's Wealthy


DVDs



Wall Street Collector's Two-Pack (Wall Street / Wall Street: Money Never Sleeps)

Boiler Room

Inside Job

Biography - J. Pierpont Morgan: Emperor of Wall Street

Barbarians at the Gate


Other

Bling Jewelry Sterling Silver Wall Street Bull and Bear Cufflinks

Vintage Wall Street Cufflinks - Famous Signs Themed Formal Wear - Cufflinks

Desk Top Bull and Bear Paperweight - Wall Street - Genuine Marble and Brass- Magnificent !!

Executive Gift Stock Market Wall Street Bull and Bear Silver Plated Sculpture Figurines Paperweights

Wall Street Bull and Bear Duel Statue
It was a one day reversal to the upside today as the Dow opened lower and closed higher.  The Dow gained 107 points on light volume.  The advance/declines were 2 to 1 positive.  The summation index continues to the upside.  I was expecting a bit more weakness than what we have seen.  But I could be wrong and often am.  We should move off of the GDP report tomorrow.  End of the month coming on Friday.  The technicals for the stock indices are heading to overbought.  GE was up 1/4 on light volume.  We got the same type of intra day reversal here as well.  We'll see if we get any follow through tomorrow.  Gold took a hit today.  The futures were off over $25.  The US dollar closed a bit lower after being higher early on.  The XAU followed the overall stock market higher by 1 1/8.  ABX, GG and NEM all had fractional gains on average volume.  One day doesn't make a trend but it was nice to see from the bullish angle that the gold shares outperformed the precious metal for a change.  Mentally I'm feeling OK.  A bullish reversal for the stock indexes today.  We'll see if it can carry over for tomorrow.  I don't think that we have seen the end of the near term weakness yet though.  We'll see.  Not a good day for gold but I am still in the bullish camp here going forward.  Perhaps it will turn around tomorrow.  That's a guess as usual.  However the technicals for gold have turned down on the daily chart.  We'll keep an eye on what happens overnight and wait for the GDP revision tomorrow morning. 

Tuesday, 27 November 2012

Is Brazil Ripe for a Rebound? Top Brazilian Income Stocks

Holders of Brazil stocks have been suffering. During the last couple years, even though the S&P 500 was up almost 20%, the iShares MSCI Brazil Index ETF (EWZ) dropped by over 31%. Maybe a recovery is in the works. After all, Brazil is still the fifth largest country in the world by population and area, and the sixth highest nominal gross domestic product in the world. The country has huge oil reserves and is a world leader in alternative energy, primarily ethanol generated from sugarcane.

If you think it's time for a rebound, there are 25 Brazil stocks to choose from that trade in the US, according to the free list of Brazil stocks at WallStreetNewsNetwork.com. More than a dozen of the companies pay dividends with yields ranging from 0.5% to 7.8%.

Of course, if you don't want to pick and choose, you can stick with the iShares MSCI Brazil ETF, which owns a very diversified portfolio of Brazilian stocks. The average price to earnings ratio is 14 and the ETF even pays a yield of 2.8%.

If you like to make your own decisions on stock choices, you may want to take a look at Telefonica Brasil, S.A. (VIV), the large Brazilian telecom company, which pays a nice yield of 4.4%, and dividends have generally been paid semi-annually for over a dozen years. The stock trades at 11.4 times forward earnings.

Cia Energetica de Minas Gerais (CIG) is another example. It is an electric utility that provides electricity primarily in Minas Gerais, Brazil. The stock trades at 6.4 times forward earnings, and pays a very high yield of 5.4%.

Other dividend paying Brazil stocks include Ultrapar (UGP) yielding 2.4% and Gerdau (GGB) paying a yield of 2.0%.

To see other Brazil stocks, many of which pay dividends, go the WallStreetNewsNetwork.com to access the list of Brazil stocks that can be downloaded, sorted, and updated. You can also find more Brazil stock information in the book Investing in Brazil Stocks: Get Rich from the South American Giant.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Top Warren Buffett Books: Great Gift Ideas

Warren Buffett, the billionaire head of Berkshire Hathaway (BRK-A) (BRK-B), is a top investor, trader, and author. These are the top selling Warren Buffett books, some are written by him and some are about him.

by Buffett

The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) Warren E. Buffett (Collaborator)

The Essays of Warren Buffett : Lessons for Corporate America Warren E. Buffett (Author)

Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger, Expanded Third Edition Warren E. Buffett (Foreword)

Los ensayos de Warren Buffett (Spanish Edition) Warren E. Buffett (Author)

about Buffett

Trade Like Warren Buffett

The Warren Buffett Way, Second Edition

The Snowball: Warren Buffett and the Business of Life

The Winning Investment Habits of Warren Buffett & George Soros

The New Buffettology: The Proven Techniques for Investing Successfully in Changing Markets That Have Made Warren Buffett the World's Most Famous Investor

Warren Buffett Speaks: Wit and Wisdom from the World's Greatest Investor

The Tao of Warren Buffett: Warren Buffett's Words of Wisdom: Quotations and Interpretations to Help Guide You to Billionaire Wealth and Enlightened Business Management

By Stockerblog.com