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Archive for the 'Market News' Category




Is There Anybody Out There?

JW is back in action.

Does anyone still read this site?

Leave a message if you do.



Ron Paul 2008 – Restore Value to the $USD

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Summary

  • Income tax is un-constitutional.
  • ALL income tax goes toward paying off the debt and interest of the loans (wars cost money) that the government has taken out from the Central Bank
  • The Federal Reserve is a cartel of banking gangstaz that creates money from the debt of the middleclass.
  • The only way to pay off global debt is to create more money (out of thin air)
  • The $USD &, $CAD, $PESO will be unified into the Amero?


Server Back & Running!

For the last month, our server has been having a slew of nightmarish database issues. Our tech guy fixed all the problems, so now things up and running flawlessly again!

Sorry about the down-time.



FREE Airline Ticket Offer from American Express

Looks like the recent credit and mortgage meltdowns have taken a toll on American Express (AXP). They are aggressively trying to land new business credit customers, so they are currently giving away FREE domestic round-trip airplane tickets if you sign up for their American Express Gold Business Card.


Business Gold Rewards Card from OPEN(SM) the small business team

This offer expires August 31st, so act fast and get your free plane ticket.



The Bull Trader on the Radio!

Gorden Gekko, the owner of Knight Trader, one of first stock trading blogs, was recently interviewed on WallSt.net.

He was nice enough to give The Bull Trader a mention in his radio interview. Go listen to it and also drop by Knight Trader for stock trading tips.



Join thebulltrader.com on SocialPicks!

If you haven’t already done so, sign up for SocialPicks and join The Bull Trader Group to share stock picks with me and other thebulltrader.com readers.



FREE Invites to Covestor.com

Covestor.com is a new Web 2.0 startup that tracks the performance of your brokerage account. You upload your transaction history to Covestor, and it breaks down your performance.

Then, others can see what stocks you are buying etc. If your performance is really good, people will pay $$ to see your trading activity, and Covestor will split the profits with you.

I’m always a big fan of new Internet startups, so I’m going to give out 10 Covestor invites to the first 10 people who comment on this post.



Stock Trading Contest VI

Stock Trading VI (6) officially launches today over at Stock Trading 101, and is now open for registration. Of course our community is involved, and there is no doubt we will win.

Registration Dates: Friday May 18th – Sunday May 20th 9:00 PM EST
Contest Dates: Monday May 20th – Friday May 25th

HOW TO REGISTER

To register, leave a comment with this post including:

  1. One guess of what you think the NASDAQ Composite will close at next Friday the 25th of May… to the penny.
  2. One stock pick for next week (include the ticker please, must be over $1 a share and be findable on yahoo finance!)
  3. One SHORT stock pick for next week (include ticker, must be over $1 a share, yahoo finance requirement)

Note: You can chose to participate in just one, or two, or all three categories.

$200 PRIZE and Other Winners

Winners will be determined by the following:

  • Closest NASDAQ Close Guess to the actual close
  • Highest Return for the week on your stock
  • Highest Return for the week on your stock SHORT

Cash Grand Prize: If you can guess the NASDAQ close to the PENNY, Blain will give you $200 CASH. I was off by only $.30 two contests ago, and am the current record holder for this category!

OTHER NOTES

Our competition is the Stock Trading 101 community and the communities of Million Dollar Journey, Clever Dude, and Money Matter & More Musings.

Blain will be posting leader board updates on his blog all next week, so you can Subscribe to his feed if you want.

Entries end on Sunday at 9:00 PM, so get your picks in today.



FREE Link for Commenting!

I added a new feature today. If you see on the right sidebar, I am rewarding people who comment frequently on my site with a link to their site.

Just something to keep in mind if you’ve just launched your own stock blog, and want to gain some exposure.

I hope to see some more participation from you readers from now on! I’m done for the night, laters.



$100 Prize Stock Competition

Stock Trading 101 is hosting a stock picks competition at this blog.

If you can guess the exact close of the Nasdaq this week, Blain from Stock Trading 101 will give you $100!

Go check out the competition, and get your picks in!



SQL Corruption Problems

Our blog is having trouble lately because last night, our SQL database, which contains all of our blogposts, was corrupted either by hacker or shoddy hosting.

Either way, I’m running the site off a backup from April 15. I’ll be posting up the blogs from April 15 to April 25 manually since I can retrieve them from my RSS newsletter emails.



Please Vote for Bull Trader!

Hey guys, thanks to your support, we are in the final round of the blog contest over at Derrich.com!

All we have to do is win this round, and we will be awarded the best finance blog award! Please vote for us! It only takes a few seconds and you will be helping us out tremendously.



Zecco Review * FREE Stock Trading *

This sounds too good to be true but I read somewhere that Zecco offers free trading. If anyone has ever used this service please post a comment and tell us about your expereince. I really want to change brokers but I am afraid that one of these brokers will go out of bussiness and take my money with them.


If anyone uses zecco, Ineractive brokers or any other service that is extreamly cheap post some comments. Thanks



Vote For The Bull Trader!

The Bull Trader is participating in the 2007 Bloggers Tournmament. Please go vote for my blog. Thanks in advance!



SocialPicks Goes Live – FREE Invites!

SocialPicks is an online community of traders who share market information with eachother. It looks like it is still in invites only mode, so I will probably distribute a few of my invites to you guys over the next couple weeks. Leave me a comment if you really want an invite and I will try to do it.

SOCIAL STOCK PICKS TRADING

TechCrunch recently covered the launch of SocialPicks, and go look and see who shows up in the screenshot ?!? *thanks to Michael Bina for this link!



Hedge Funds Disappoint Investors

Hedge fund managers can make an investor rich quicker than anyone else. Sometimes they can make him poor even faster. Amaranth Advisors, the Greenwich are some examples. They stumbled over wrong-way bets on natural gas. In September 2006, Amaranth was up 26%. And by October, it was facing a loss of $6.6 billion. Probably, the next Amaranth is waiting somewhere to happen.

Since 2000, the hedge funds world has more than doubled in size. Today, there are more than 9000 of these funds with combined assets of $1.34 trillion. Everyone is chasing these funds, which have become private pools of capital and allow managers to participate substantially in the investment returns they generate for clients.

A huge investment of $110.7 billion was recorded into these vehicles during the first nine months of 2006, more than twice in all of 2005. Since September, Morgan Stanley has purchased a hedge-fund firm and bought stakes in two. According to HFR and Bloomberg, Goldman Sachs Group has become the largest manager of hedge fund money since late 2005, with $29.5 billion in assets and certificate of deposit rates.
So many hedge funds have emerged in the markets that it is becoming difficult to generate standout profits. On September 30, the average hedge fund was up 7.1% in 2006. Investors would have got higher returns buying a mutual fund that tracks the Standard & Poor’s 500 Index, which returned 8.5% through September. While hedge funds typically take a 20% cut of profits and charge a fee of 2% of assets, the Vanguard Institutional Index Fund charges expenses as low as 0.025% of assets.

Theodore Aronson, a principal of Philadelphia-based Aronson & Johnson & Ortiz, thinks there is a potential danger ahead. “You don’t have to go back to the tulip bulb mania to see how things could turn out,” he said. “It could be ugly.” Returns have started slackening and analyst think hedge funds may have a hard time hitting the investment goals of an investor.