We first came across Stock Bee back in January of 2007 when we were forwarded this great post on “Beating the market on $1.25 per week”. Ever since we have been avid readers as the Bee has helped us to separate the wheat from the chaff as the saying goes.
The Bee is loaded with useful info. One article that we really like is “Can you learn from trading books?” Since we are avid readers of all things financial we have been asked several times from friends questions like “what book should I get to learn to trade?” or “does that book show you how to make money trading?” Honestly if these are the questions you have then you must read this post.
Overall we would have to say that if you are a relatively active trader then you should add Stock Bee to your RSS and even consider joining the members only blog.
Stock Pick Bob
in one of the godfathers of the investing blog world. He started posting back in May of 2003. Here is the first post that we could find on his site, here talking about St Jude Medical
. His newest post (as of May 2nd 2009) is here and is on Building a Portfolio: “Intelligent Design” or “Natural Selection”
As long time readers and any successful trader will tell you it is a prerequisite of success that you evolve. In the case of this blog we have been able to watch Bob evolve as an investor and trader for several years now. While we didn’t find his blog until 2006, he has been around for a while and does an excellent job in teaching and helping the readers see what and why he is looking at different stocks. While he continually lets readers know that none of this is construed to be investment advice, it is obvious that he is a seasoned investor and is worth reading for his insights alone.
Happy Blogging and Investing,
The TradingGoddess.com as the name implies is managed by a woman trader. She has been writing on her blog since October of 2006. Over that time she has consistently improved and expanded the scope of the site. Whereas she used to write all of the content she now has several other contributors that write useful insightful posts.
The posts range from Personal Finance advice to Oil to Trader Education, and even articles on Currency Trading. Basically if you can trade it or if it has to do with money you can gain some valuable insight from coming here. Finally there are the classic stock scans that always include a picture of some model. These types of posts are kind of Trading Goddess classic posts.
If you trade stocks or just want to learn about them you should add this site to your RSS Reader and read it regularly. By the way you may be wondering what the Trading Goddess looks like, after all she calls herself a Goddess. Well look no further then her Twitter page and you can see that she’s actually pretty hot.
We have reviewed this site in the past but it has been a while and they have done a lot to improve it so we decided to look at it again.
TheMacroTrader.com Is a investment research firm that is dedicated to, as the logo says, global macro research and analytics. Their primary product is a weekly newsletter that gives economic commentary as well as actionable trading ideas across several asset classes. Last year is spite of the huge downturn in the world economy the newsletters model portfolios actually posted a slight gain. Basically these guys are good at what they do.
When it comes to the site they have done a lot to make it a better resource for all investors. Each Tuesday they post their Equity Risk Index which is a proprietary index that, as the name implies, is a measure of how much risk is built into the market. The higher the score the better the market is and the lower the score the more risky. They provide it as well as other risk indexes every weekend and give it out for free on the site delayed a few days. But as they explain it is not a tool to catch every little turning point, but instead the bigger moves.
Another great thing that they have added is a FREE Macro Trading 101 course that is sent out twice a week with a new topic that helps you to learn about the economy, asset classes, fundamental and technical analysis, as well as risk management tool and techniques. If you are a regular reader of BlogRaters you likely have noticed that we cover several finance and investment blogs. If you haven’t yet, you should go over and add them to your RSS reader as well as sign up for their free course.
Ever since the bull market in commodities started towards the end of 2001 there has been a huge influx of good and bad commodity related sites and blogs. Some do great job of teaching proper research and trading skills while others absolutely suck. We figured we would go through and point out a few of the good ones. Here is a very NON exhaustive list but it is a start. Over time we will be adding to, and modifying this list. In addition we will be doing some reviews of some of the better commodity blogs over the next few weeks.
Commodity Commentary and Research
The Macro Trader
Basic Commodity Info
Commodities and Futures
commodity trading basics
AlephBlog.com is David Merkel’s investment blog. If you read TheStreet.com or Realmoney.com you probably recognize his name. He has been a contributor since 2003. He primarily writes about stock and bond portfolio management. He started the blog so that he could do have more one on one interaction with readers and do less structured writing. So while he mainly cover equity and bond portfolios he can now talk about anything he wishes.
If you click on his investment books from which I have benefited page you will notice right off the bat that he is primarily a value investor. The Intelligent Investor, The Aggressive Conservative Investor, Value Investing, and Common Stocks and Uncommon Profits are books that are and should be on every serious investors bookshelf.
Looking at his categories the top four things that he writes about are Stocks, Macro Economics, Portfolio Management, and Bonds. His writing style is easy going and not very confrontational. He lays out valid points for almost everything he writes and figures that if you like it you will keep reading and if you don’t you will move on. In this reviewers opinion his blog is a nice break from all of the (absolutely no shame at all) self promoters out there.
If you want common sense investment advice and wisdom then you should make the AlephBlog.com a regular stop and add it to your RSS reader. David Merkel is a investor that happens to be a good writer and is worth listening to.
TheFloat.com is a blog written by some of the people at Interlake Capital Management. While we don’t know much about the money management firm we do that they are smart. Their blog entries are insightful and over time you kind of get a feel for what they look at. They are also skeptical which pays in the investment world. They question stupid statements like this one that the heard on CNBC. They also do mini Linkfests every few days. Most of their commentary is useful for perspective if not always actionable.
One nice feature is that because they are also out trying to get more money to manage they sometimes post things regarding presentation that they have done such as this on on 401K’s.
Basically if you read this blog regularly you will find all kinds of interesting and useful information regardless of where your investment knowledge stands. As we state quite frequently here at BlogRaters you should add this blog to your feed reader and read it often.
DailySpeculations.com is Victor Niederhoffers blog. It started because he has long had an e-mail list named “the spec list.” He is the man who runs it but everyone from the spec list contributes to it. So what do they talk about? You might think that because it is called Daily Speculations and the owner of the site runs a hedge fund that it only deals with stocks and other tradeable securities but you would be wrong. DailySpeculations deals in stocks, bonds, futures, options, statistics, software, philosophy, literature, history, people. world events, etc. Basically Victor has a bunch of really intelligent people contribute whatever they feel like. The result for the most part a very insightful blog where you can learn something or at least get a different perspective on something almost every day.
So who is Victor Niederhoffer? If you have been trading for a long time you have heard of him. He was one of the most successful hedge fund managers for about 15 years ending in 1998 when he had a series of unfortunate events and a case of overleverage leading to his fund “blowing up” and the saying goes. He then came back and had a wonderful three year run but once again getting hit very hard back in August. A lot of people do not like listening to him because they don’t want to hear anything from someone who has blown up twice but there are a few reasons to read his writings. First if you have read his two books “Education Of A Speculator” and “Practical Speculation” you have learned a lot. You have learned to question and test everything if nothing else (and I would venture to say you have learned a lot more). Second is that you can look at the other fruits of his labor, namely that his shop has helped produce such trader legends as Monroe Trout, Toby Crabel, Roy Niederhoffer, and several other successful traders. So why has he blown up twice you might ask. I am not totally sure but I think it is probably the psychological aspect of trading that has gotten him and not his processes for finding trades. Basically a little overconfidence now and then when you are leveraged can wipe you out in a short time. Enough about Vic and back to the blog.
Here are some fairly recent insightful posts.
Vic on Practice
Capitalism In Schools
These are illustrative of the types of writings you will find over at DailySpeculations.com It is a treasure trove of insights into all sorts of things. Go and read it and then go and read more of it. There is a lot of content and lot of good content.
TheMacroTrader.com is the blog to the newsletter of the same name. Macro trading as explained in this post is basically looking at any asset class, in any country, using a variety of strategies looking for the best risk to reward opportunities in the globe. They are trying to fill the void in good global research. We all hear about George Soros, Paul Tudor Jones, Bruce Kovner, and several other legendary Macro Managers but we never get to see research reports that explain what global markets to invest in or why precious metals should go up or why emerging market bonds are a good buy. TheMacroTrader.comis aiming to narrow that gap with their newsletter and blog.
One of the more recent posts Global Watch List gives charts of the countries currently passing their proprietary liquidity/trend screens. They have also shown us some of the criteria they look for when investing in foreign markets here with this post on the Singapore EWS etf.
We have found that with a few exceptions the majority of investment or stock blogs out there cater almost exclusively to the US stock market and while there is nothing wrong with that there are several other opportunities out there to exploit and profit from. TheMacroTrader.com focuses on every market that they can. So far their posts have covered global stock indexes, junk bond/high yield bond trading models, and systematic vs discretionary trading.
Basically if you want a glimpse into what global macro is all about and more specifically you want to see some examples of the type of trading a global manager does you would be well advised to stop by TheMacroTrader.com often and add it to your feed reader.
With a PageRank 7 all of you bloggers out there can tell that InstaPundit is a big blog. Glenn Reynolds started this blog the way a lot of people do, just to express his views. It appears as though the views of the UT (University if Tennessee) law professor are very popular. He is very big into technology and individual liberties.
His views definitely lean conservative but he is very active in commenting on politics, religion, war, etc. Many of his posts highlight the good things happening in Iraq helping to balance out the mainstream liberal medias views and opinions. In fact today he has a post showing a Muslim in Iraq restoring the cross to a Christian church that has been there for several years. The Iraqis are quoted as appreciating the help that America has given them. Regardless of your views on the war it is nice to know that some good has come of this whole thing.
Anyways for up to the minute commentary on world events, law, and politics you would be well advised to visit Glenn and his InstaPundit.com blog.