Extra Notes from July 26th Meetup

From Katarina:

Pre-Market Analysis:

Yahoo / Finance – overseas markets and their impact on US, CAD; Futures

Briefing.com – pre-market snapshot, US market update, Earnings Calendar, Upgrades / Downgrades

Finviz.com – Market Heat Map

Stock Analysis:
Canadianinsider.com
Insidertracking.com
Seekingalpha.com
Stockhouse.com

Inspiring literature:

  • Benjamin Graham – Intelligent Investor, Security Analysis
  • Warren Buffett – Letters to Shareholders
  • Peter Lynch – One up on Wall Street, Beating the Street, Learn to Earn
  • Jim Rogers – Investment Biker, Adventure Capitalist, Hot Commodities
  • Jack Schwager – Market Wizards, the New Market Wizards
  • Joel Greenblatt – Magic Formula Investing
  • Edwin Lefevre – Reminiscences of a Stock Operator
  • William O’Neill – How to Make Money in Stocks
  • Frost & Prechter – Elliott Wave Principle
  • Nicolas Darvas – How I Made $2,000,000 in the Stock Market
  • Napoleon Hill – Think and Grow Rich
  • Seth Klarman – Margin of Safety

I highly recommend writing a business plan.
I am also attaching a gift for everyone who likes to read: Margin of Safety by Seth Klarman. Coveted book that is out of print and sells for $1,600 on Amazon (used!) However, it is NOT my favorite.

E-book: Margin of Safety
Does anyone have e-book version of Graham’s Security Analysis?

Many happy returns!
Kat

From Daniel:

Here is the E-book for: Security Analysis Benjamin Graham

Websites I use:

Bloomberg.com

Globeandmail.com

Fool.com

Nasdaq.com. You can use this site to search stocks randomly.

Magazines/Newspapers to Subscribe to:

The Economists

Canadian Business

WSJ

Fortune

Books to Read:

The Intelligent Investor – Benjamin Graham

Trading Book – Anne Marie Baiynd

 

From Chris:

Some tools I use:

Options
oscreener.com (HIGHLY RECOMMEND)- option pick screener that has been extremely helpful and efficient for my findings of naked puts so far with great IVs (premium amount is a function of IVs in general) ; above all, it’s free!

Anyone experienced with options, let me know.

Stocks
Reuters – general info; usually quick check analysts buy/hold/sell opinions

marketwatch.com – same as above

stockchase.com (HIGHLY RECOMMEND) – used this the most pretty much everyday; it’s a filter/screener that captures stocks opinions and comments made by professionals on BNN channel; you can also categorize by “strong buy”, “buy”, to “strong sell”; if anyone is interested in knowing how I usually use the site for my findings, let me know. Easy to use, good for people who are busy during the day

platforms – Questrade platform, thinkorswim (data rich platform for my options trades and technical analysis of my long stock positions)

investing.com – quick buy/hold/sell check for all the technical indicators

What I am currently “experimenting”:
-option : straddles for JNUG at open/close, trade and hold daily to one week most
-stock : trying to figure out a way to capture gains in TNA (leveraged etf, 3x); returns I tested out if I use sma(20), expMA(5) crossover pts as entry/exit pts, weekly bars, at day’s average trade price, about 250% return in 2.5 years, but if I combine it with TZA, then it’s somewhere around 350%; but this is still an experiment; if anyone can help fine tune my approach we can hopefully make some good profits whether market’s up or down; to clarify, for the above, the idea is to buy tza when i exit tna, and switch it up when I sell tza, and so on, because they are exactly inversely related, one’s 3x leveraged bull, the other 3x leveraged bear. Feel free to add comments, positive and negative.

So that’s it for now. Thanks again Daniel! Let me know if you need help with organizing in the future. I would be happy to help out.

Not sure how many of us use Microsoft Excel, but I find google drive’s sharing/collaborative function very effective. We can perhaps take advantage of that in the future if we are sharing documents or anything related in the future with a google group.

Some content on this page was disabled on October 5, 2015 as a result of a DMCA takedown notice from Seth Klarman. You can learn more about the DMCA here:

https://en.support.wordpress.com/copyright-and-the-dmca/

Advertisements

One thought on “Extra Notes from July 26th Meetup

  1. For those interested, I am forwarding the URL for Value Line. To get into the database you will need your library card number, and you’re on your way. Type a stock symbol into the Quote box at the top of the page and you’ll get a complete analysis of the stock, including what Value Line sees for its future. Value Line covers about 1700 stocks, mostly American, but a large number of Canadian companies and ADRs as well.

    http://www.torontopubliclibrary.ca/databases/#alphaIndex-V

    Joel

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s