I appreciate any feedback to my posts. I attempt to respond to all initial comments by readers. There may be a delay in my response and time limitations may prevent further responses by me.
Hello, my name is David. I am a swing trader on bank and technology stocks, mostly the largest market caps in these two sectors. I monitor the fundamental trends then determine if some are over-priced or under-priced stocks for possible short or long positions. I also follow the seasonality and annual cyclical performance of companies, as applicable, for position set-ups. Sometimes I play pre- or post- quarterly earnings if the investor sentiment shift becomes too skewed and extreme. At that point, I also utilize technical analysis.
My view is from afar at a lake in Oklahoma in a low noise environment. I have traded for many years and noticed long ago I did better if I followed my ideas and ignored the chatter and buzz. Someone will always have a reason to buy or sell a stock no matter what the circumstances. Patience and timing is critical so as to not force a trade. Don't go to the trade, the trade will come to you if you are diligent.
Therefore, the less noise the better for me. Accordingly, while I analyze macroeconomic data and the specifics of company financial statements, I ignore business media histrionics and hype. I don't watch TV and especially don't watch business channels.
I receive my own alerts for companies I am covering and have my own calendar for macroeconomic data I am charting for trends. Technology has enabled me to create my own databases and monitor events without reliance on location or mass media. We've come a long way from the old Bloomberg screens which were seemingly a miracle at the time, lol.
30+ years experience in banking, insurance, economics, finance, investments, and public accounting, including owner and partner of financial institution auditing firms, financial institution auditor, vice-president of operations of property & casualty insurance company, vice-president of finance of life insurance company, public accounting audit manager, and public accounting SEC quality control manager.
I try to carefully trade weekly & monthly stock options with expertise in mining companies & traditional manufacturers. Speak & write fluent Portuguese and speak good Spanish. Resided twice in Brazil and once on Guam Island. Employed at the same large foreign-owned Distribution Center the past 15 years & completely 100% Pro-NAFTA. Smart individual investing is the preferred solution to improving one's economic future, as opposed to vast & vague government handouts. Seeking Alpha is the #1 best financial blog because of honest opinions & superb organization.
I am retired from Fresno County. I like to blog and comment on financial matters. I knew of the housing bubble in late 2005, way before Cramer. I believe that the central banking establishment set up excessive and damaging credit vehicles both for investors and for borrowers. Investors were swindled but no one goes to jail. Borrowers were given so much easy money that the loans themselves pushed the value of houses up to unsustainable heights. It is worthwhile to "fight" the lending abuses peacefully, with education and through legal means where possible.
I am not an investment counselor nor am I an attorney so my views are not to be considered investment advice. It seems from my understanding of the economy, that folks who fight the Fed are fighting a force that is powerful, capable of keeping interest rates low, etc.