Join David Stendahl, portfolio manager at Capitalogix, at the Traders Expo in Dallas Texas June 6 – 8.
David will be talking about effective way to build diversified futures portfolios. Click here for more information.
I'll be there too. Let me know if you're going … looking forward to seeing you at the Expo.
Join David Stendahl, portfolio manager at Capitalogix, at the Traders Expo in Dallas Texas June 6 – 8.
David will be talking about effective way to build diversified futures portfolios. Click here for more information.
I'll be there too. Let me know if you're going … looking forward to seeing you at the Expo.
Ignore the man behind the curtain …
Here are some of the posts that caught my eye. Hope you find something interesting.
Ignore the man behind the curtain …
Here are some of the posts that caught my eye. Hope you find something interesting.
I visited my son in Washington DC this week.
He works for company called LivingSocial, which is a fast-growing and innovative tech startup. If it doesn't immediately ring a bell … they compete with Groupon in the daily deals space.
As an entrepreneur, it was interesting to get a sense of the scope (they do a lot more than daily deals), scale (5,000 employess in just three years), and pace of the company like this.
LivingSocial raised enough money (at a $6 billion valuation) that, even though they lost over $500 million on operations last year, they are on pace for their targets – including an initial public offering in the near future.
As I watched the swarms of people huddling, white-boarding, and doing what they do … It occured to me that what once seemed like chaos is re-organizing at a higher level of order. Teams are relying more on project management; key performance indicators are well known and well tracked; and they are moving to a matrix organization management to get things done.
All-in-all, it was impressive. Moreover, they are keeping the "prize" in plain sight. Here's a picture of Ben and me in front of a LivingSocial motivational mural titled "Intergalactic Winning".
It's next to a world map that shows the markets in which they've gone live, and it's a reminder that cool things happen when you focus relentlessly on big goals and an even bigger future.
I visited my son in Washington DC this week.
He works for company called LivingSocial, which is a fast-growing and innovative tech startup. If it doesn't immediately ring a bell … they compete with Groupon in the daily deals space.
As an entrepreneur, it was interesting to get a sense of the scope (they do a lot more than daily deals), scale (5,000 employess in just three years), and pace of the company like this.
LivingSocial raised enough money (at a $6 billion valuation) that, even though they lost over $500 million on operations last year, they are on pace for their targets – including an initial public offering in the near future.
As I watched the swarms of people huddling, white-boarding, and doing what they do … It occured to me that what once seemed like chaos is re-organizing at a higher level of order. Teams are relying more on project management; key performance indicators are well known and well tracked; and they are moving to a matrix organization management to get things done.
All-in-all, it was impressive. Moreover, they are keeping the "prize" in plain sight. Here's a picture of Ben and me in front of a LivingSocial motivational mural titled "Intergalactic Winning".
It's next to a world map that shows the markets in which they've gone live, and it's a reminder that cool things happen when you focus relentlessly on big goals and an even bigger future.
Hopefully you've had a chance to watch the video about Caine's Arcade. If not, here it is.
What's it about? Well, a 9-year-old boy, Caine Monroy, built an elaborate cardboard arcade inside his dad's used auto parts store. And while the arcade is about fun, there's no doubt that it is serious business for Caine. Of course, it is about more than that.
It is inspiring, heart-warming … and worth a few minutes of your time.
Help Caine's Scholarship Fund:
Caine's Arcade Online:
Hopefully you've had a chance to watch the video about Caine's Arcade. If not, here it is.
What's it about? Well, a 9-year-old boy, Caine Monroy, built an elaborate cardboard arcade inside his dad's used auto parts store. And while the arcade is about fun, there's no doubt that it is serious business for Caine. Of course, it is about more than that.
It is inspiring, heart-warming … and worth a few minutes of your time.
Help Caine's Scholarship Fund:
Caine's Arcade Online:
What an Interesting week we just had. Facebook is buying Instagram for $1 billion; AOL struck a $1 billion deal to provide hundreds of patents to Microsoft; Sony is cutting 10,000 jobs after its worst fiscal year ever; and “The Lion King” has passed “The Phantom of the Opera” as the highest-grossing Broadway musical ever.
On the other hand, the Markets suffered the toughest week they've had this year.
Here is a chart of the S&P 500 Index. With price flirting with the 50-day moving average and testing the support of the Index's recent up-trend … perhaps this is a likely bounce point.
Also, notice the relative strength indicator at the bottom of the chart. As noted by the green arrows, an RSI reversal higher from the highlit zone has been a good indicator that the broader market will likely move higher as well.
On the other hand, a failure to move higher here could feed the "Sell in May and Go Away" crowd. What do you think?
Let's start with a cartoon about Reverse Psychology.
Here are some of the posts that caught my eye. Hope you find something interesting.