TradingWithCody Linkfest
Flattish markets. Don’t chase. And remember if you were stressed out six weeks ago at the lows, be sure to do some trimming/selling. And don’t forget to meet me at 2pm EST at TradingWithCody.com/Chat for this week’s Live Q&A. And just email your question to support@tradingwithcody.com if you can’t make the live version.
Let’s run through some must-read links for every investor and trader who wants to be on top of the underlying important trends in the world.
Abercrombie Slides As Half-Naked Models Lose Allure – Great title. I mean, lots of actual financial analysis just in those eight words.
Dispute Over Islands Reflects Japanese Fear of China’s Rise – This dispute between Japan, China and Taiwan over some islands that they each claim as their own is probably a bigger threat to the markets/economy/society in the near-term than the endless EU-debt crisis that dominates the headlines.
AT&T: Pay Me, Screw Net Neutrality – Insightful article about how just how powerful AT&T and Verizon are becoming in the future of communications as their duopoly of wireless broadband grows in economic power. Verizon, despite its debt load, is probably a good buy on weakness for the next few years.
Profiting from the Business Cycle – Plain-spoken insights from one of my favorite market analysts.
Tech Confessional: The Googler Who Looked At The Worst Of The Internet – At time a few years ago at a party, I was chatting up the husband of a friend’s friend, and when we got to the compulsory, “What do you do?” questions, he told me about how he filtered “bad” porn off a network of user-generated porn sites. 10 hours a day he watched stuff that was so gross and/or indecent that it was unacceptable for porn sites? That’s gotta mess a person’s psychology up somewhat, as the author of this article explains. Tough job.
HUSBAND AND WIFE INDICTED IN MORTGAGE FRAUD SCHEME, FACE A MAXIMUM PENALTY OF 30 YEARS IN PRISON FOR LYING ABOUT EMPLOYMENT, SALARY AND RESIDENCY – The too-big-to-fail banks created fraudulent mortgage securities, profited by betting against them, rig LIBOR to the tune of billions of dollars of fraudulent gains, fake their paperwork in courts with robosigning, and so on and on…but New York’s AG is seeking justice against a small potatoes couple? I mean, get justice everywhere you can, but maybe, just maybe by focusing on the big fish and fraud in front of you, the AG might have a bigger impact.
