When searching for a 10-bagger stock, look for a company with high beta, low debt and selling near its book value. AMD fits the bill. more

A desire to predict the future is an ancient human trait but we are no good at it. The Oracle was vague for a reason, writes Michael Skapinker more

I’m shutting things down for the year. Look for posting to return to normal around the middle of January, just in time for earnings (& losses!) season. Post from: Trader Mike On Hiatus more

As the bear market becomes situation normal, successful investing has become more a matter of "my stocks are down less than your stocks." But should it be? The old adage is that any fool can make money in a bull market and we saw that writ large over the past couple of years. Making money in today's more

Can things get any worse for fund investors? Apparently so. You already know what a terrible year 2008 was for your stock funds. Through Nov. 21, domestic equity funds fell 48% on average, while their foreign counterparts did even worse - dropping 54%. But it's not just that the average fund lost ar more

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I took one manual trade in GW yesterday. It was gapping down and printed a nice inverted hammer on the 2nd 10 minute bar. It looked like it was on its way until 10:28AM or so. Luckily I was stopped out before trading was halted for over two hours. Apparently someone [...] more

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For the remainder of 2008, I'll be away from the trading desk to spend time with family and for thoughtful reflection upon the new year ahead. I will return on Monday, January 5, 2009. Until then, may you and your... more

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Thousands of people came to see the show in London during the ten days it was on view in the run-up to the sale. So many people registered to bid that Sotheby’s had to open up two extra rooms to accommodate the overflow. Against a background of one of Mr Hirst’s colourful spin paintings, more

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WSJ reports that stock investors are losing faith, citing investors “pulled a record $72 billion from stock funds overall in October alone, according to the Investment Company Institute, a mutual-fund trade group. While more recent figures aren’t available, mutual-fund companies say with more

Asia-Pacific share prices were lower as data showed Japanese manufacturers were less confident about their business prospects, US house prices were dropping quickly, and trading stagnated on many stock markets ahead of Christmas Day more

Within the carnage of the 2008 IPO market, we have an announcement of a new IPO filing here at the end of the year that will surely generate some interest (maybe curiosity is a better word) as we head into 2009.  FriendFinder Networks, formerly Penthouse Media Group (before Penthouse bought the more

Some public pension funds are sticking with investments in hedge funds, which continue to outperform stocks, even after the Madoff scandal. more