Feb 27, 2009

Bouncing balls…

I am not sure how many short-term traders were fooled by the market today, but I confess I am one of them, and paid a pretty hefty price for it. [...]

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Feb 24, 2009

Rebound was all we were hoping for

The market was a little hesitant towards going up this morning, and I was a little worried because the consumer confidence and home prices data did not look so good. [...]

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Feb 23, 2009

Panic or not?

I was literally watched with fear and frustration today as S&P slide down below 750 in the afternoon, and dropped 1% in the final hour of trading. The last time [...]

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Dec 19, 2008

Interesting day on GM

Today was obviously an interesting day to see on GM and F and the not-listed Chrysler. The news started to unfold at 9am, when President Bush announced the bailout plan [...]

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Dec 17, 2008

Earnings and surprises…

For the past two days, we’ve witnessed one of what I would personally considered as the most hilarious jokes of the year unfolded on Wall Street. Quick quiz to those [...]

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Dec 15, 2008

Wachovia and Wells Fargo Merger – A short study on the market efficiency and no arbitrage theory

In front of me is a copy of the shareholder’s prospectus on the Wachovia and Wells Fargo merger. Put all the excitement aside (since this is the first time I [...]

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Dec 11, 2008

Bailout failed for automakers

Newsflash: The bailout has officially died in the senate as of 11:03pm, as it could not find sufficient number of votes from the Republicans to pass the legislation. Oil have [...]

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Dec 10, 2008

When technical analysis no longer works…

Here is an interesting snapshot for SDS for the past 12 months of the year: The closing price for SDS is way above the 200-day MA, hence indicating a strong [...]

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Nov 9, 2008

What would Barack Obama mean to the United States?

Ok, so we have the first black president, the first black first lady and the first black family (and the first black barber for the president, according to the news, [...]

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Oct 13, 2008

For those who complains the university network is too slow…

Here is the proof that it is not: This picture is not PSed by any means and is from the original test server from SpeedTest.net And it seems that UW [...]

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