Almost Friday after first full week at the gym. Ready for the weekend!
Joshua Brown's "Backstage Wall Street" Book
I am sure you all know who Josh Brown, The Reformed Broker, is by now. I have the pleasure of writing the great Tumblr "Things Apple is Worth More Than" with Josh, and more than that he is also a good friend. It's hard to explain all the help I have received from my man over time. It is appreciated.
Josh has a new book out and I am excited to read it. Called "Backstage Wall Street" I can only imagine how raw and open the book will be about all the happenings behind the curtains of finance.
I bought three books and they arrived today:
Why would I buy three? One is for me and two are for public education of course. This means I am giving away two free copies. I need to figure out what the criteria will be (contest, random number pick, etc) but will try to have something figured out for either Sunday or early next week. You want a free book, check back in.
I am not discussing Apple (AAPL).
Like a broken record all I can say is I have continued to see individual stocks perform (screened for of course!) and as long as that is alive and well, I am constructive here. I have 5 open swing longs and that's about as full a boat as I carry in my trading account.
This week saw newer position WLK make a nice move. CTXS, WRI, and PETD have all been good performers. BANR had a big day today, up over 7%:
what I wrote on Tuesday about big bank stocks why I am not a hypocrite for buying any financial. Fair question.
BANR was eviscerated and about destroyed during the financial crisis. The company was in the TARP program and the Treasury sold shares today it still held. Hardly a big money center bank, calling the shots, and being made whole with bonus money paid out like nothing happened. And I doubt the Fed calls BANR executives and discusses policy.
Further, regional banks, savings & loans, and credit unions are one way to get credit moving without all the crap from the big banks. Not really a fine line at all but I could understand some confusion.
Have a good night.