Update: Most of the top stock market bloggers are now Seeking Alpha contributors. You can find the Top 100 here.
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This page contains a categorized list of the best stock market blogs, with a description of and link to each one. You can find out about new finance blogs as they are reviewed and added to this page by adding Seeking Alpha to your My Yahoo page (log into your My Yahoo page, then return to Seeking Alpha and click on the "+ My Yahoo" logo top right) or other RSS reader. For bloggers: Submission instructions are at the bottom of the page.
Sector-Specific Stock Market Blogs
is edited by Tom Brown, who picks stocks for hedge fund Second Curve Capital and was previously a research analyst covering financials on the buy-side for Juian Robertson's Tiger Fund and on the sell-side for DLJ, Paine Webber and Smith Barney. Brown and Second Curve analyst Matt Stichnoth write for the site daily, covering finanial stocks but also wider thoughts on the economy. This is a high quality site: good content with full transparency and disclosures.
covers software stocks, with occasional pieces about Wall Street and other topics. It's written by Bill Burnham, a managing partner at VC firm Softbank Capital and previously a sell-side research analyst covering Internet infrastructure and online trading stocks. Burnham's Beat is a rare find: a blog that contains analytical discussion of the fundamentals driving stocks (rather than analysis of charts). Because of his VC perspective, Burnham is interested in long term trends in the software industry, so this blog is one of the few sites suitable for investors rather than traders.
The Consumer Electronics Stock Blog
is unusual in that consumer electronics is not usually a sector as defined by most stock research departments. (Consumer electronics stocks have traditionally been the domain of three separate groups of analysts, covering technology hardware and PCs, semiconductors and other components.) The idea, conceived by Seeking Alpha founder David Jackson, is to draw together information on the entire consumer electronics food chain in one place. The editor is Mick Weinstein, and he has successfully made The Consumer Electronics Stock Blog into a financially-oriented alternative to gadget blogs like Engadget and Gizmodo. The blog is particularly strong, for example, on iPods and cell phones, not just from a device perspective but also at the component level. It draws on analysis from a number of writers and sell-side analysts as well as from Mr Weinstein himself, and also includes useful charts and tables. Launched in October 2005 with up to 7 posts per market day. The Consumer Electronics Stock Blog is part of the Seeking Alpha Network, run by the author of this page.
is written by Daiwa Securities (sell-side) analyst James Enck. He writes about the European telecom companies and the trends impacting them, particularly Voice over IP and the entry of telecom companies into the content and media business. Enck focuses less on stock picking and market commentary than most of the other blogs in this section (probably due to regulatory and legal issues), but ultimately offers interesting insight and news coverage of the sector. Perhaps this is where financial blogs are moving: tightly defined web sites offering greater depth of coverage and analysis of specific sectors than is available from general news and financial sites. One bonus is Enck's remarkably candid discussion of sell-side research and the challenges it faces.
The Internet Stock Blog
is written by Seeking Alpha author David Jackson, an ex-technology analyst with Morgan Stanley. It contains frequent news and analysis of Internet stocks, with up to six posts per day. The analysis focuses on fundamental trends, so it's not geared for day traders and conversely is widely read by people in the Internet and New Media industries. As well as important news developments, it covers the earnings results of almost every Internet company (regardless of size) and frequent extracts from conference calls. Posts are categorized by sub-sector and ticker, so readers can easily view all the posts on a particular stock. (Ticker categories are listed down the left hand side of the blog.) Combined with its coverage of small and micro-cap Internet stocks, that makes it a good research resource for small cap investors. The downside is that there are no buy or sell recommendations or predictions about how stocks will perform, and while the author discloses ownership when writing about a stock, he doesn't publish or discuss his portfolio.
The Media Stock Blog
covers media stocks, including movie distributors (such as video rental companies), movie studios, satellite radio, TV producers and newspaper stocks. It's written by David Strahlberg, a sell-side analyst and ex-investment banker, and is part of the Seeking Alpha network of stock sector blogs. (The others are The China Stock Blog and The Internet Stock Blog.) Posts are frequent (often 3 or 4 per day), and the blog is particularly strong in movie-related news. Like its sister sites The Internet Stock Blog and The China Stock Blog, The Media Stock Blog categorizes every post under sub-sector and ticker, making it easy to research any particular stock. And like those sites, it also has deeper coverage of small and micro-cap stocks than the larger financial news sites. The Media Stock Blog is part of the Seeking Alpha Network, run by the author of this page.
The Utility Stock Blog
is narrowly focused on utility stocks. Most of the articles about specific stocks are by Sandy Cohen, an ex-sell-side utilities analyst. Other articles cover the prospects for the entire utilities sector, including pieces about the utility sector exchange-traded funds. This is a useful site for investors looking for dividend paying stocks, as Mr Cohen publishes regular rankings of utility stocks by dividend yield. The Utility Stock Blog is part of the Seeking Alpha Network, run by the author of this page.
Country-Specific Stock Market Blogs
China Net Investor
provides a news digest about Chinese Internet and technology companies. The focus lies on Chinese internet, telecom and networking companies but also covers macroeconomic and political news of relevance to them. Posts are very frequent (2 to 5 per day). The blog is written by an anonymous author who uses the pen name "Johannes". He has a masters degree in macroeconomics and describes himself as "a passionate private investor with about 10 years of investment experience".
The China Stock Blog
focuses on Chinese stocks traded on U.S exchanges, as well as financial and market news of relevance to them. It's written by Ezra Marbach, an ex-investment banker who lived in Beijing before returning to New York where he now lives. Posts are frequent - often a few each day - and are categorized by sector and by stock ticker. The China Stock Blog also hosts The China Finance Resource Page. The China Stock Blog is part of the Seeking Alpha Network, run by the author of this page.
The India Stock Blog
covers Indian stocks traded on US exchanges and exchange-traded funds that cover the Indian market. The editor is Salil Deshpande, co-founder of The Server Side, a technology Web site for software engineers, and now COO of The Seeking Alpha Network. It's relatively new, and thus somewhat thin. It contains articles by a variety of authors. The India Stock Blog is part of the Seeking Alpha Network, run by the author of this page.
The Japan Stock Blog
covers Japanese stocks that trade on US exchanges, including the consumer electronics vendors and the Japanese car companies. It's edited by Steven Towns, an independent contractor for the government of Japan involved in economic and commercial affairs. He summarizes articles about Japanese stocks from both English-language and Japanese sources, comments on stocks himself, and brings third-party sources. One bonus: there's good commentary on the Japanese stock market overall and the US-traded Japan ETF (ticker EWJ). Launched in October 2005, with about 3 posts per market day. The Japan Stock Blog is part of the Seeking Alpha Network, run by the author of this page.
General Stock Market & Stock Picking Blogs
The AAO Weblog
is the blog section of the Analyst's Accounting Observer. It covers accounting matters ranging from auditing to accounting principles to restatements to SEC issues - "all things", says author Jack Ciesielski, "that should matter to professional investors". Mr Ciesielski is the owner of R.G. Associates, Inc., an investment research and portfolio management firm located in Baltimore, has been a CPA since 1978, a CFA since 1988, holds the Certified Management Accountant designation and spent nearly seven years as a security analyst with the Legg Mason Value Trust, Bill Miller's S&P 500-beating mutual fund. Launched in January 2005, with posts most days the market is open. Posts are not categorized, but the search box allows you to search by company name. This blog is not light reading, but it's not supposed to be. For those with focus and attention, this is genuinely valuable (and free) information.
Alchemy of Trading
focuses on equity trading, mostly from a technical perspective. Stephen Vita, a professional investor since 1989, posts daily. His methodology? "I like to focus on the strongest sectors and concentrate my portfolio holdings; this can increase volatility - making it vital to cut losses quickly - but also increases the chance for outsize gains."
author MarioGrech says that "A lot of the better market blogs on the 'net are very trading and technical analysis focused; this blog offers something different since I'm focused on fundamental analysis, particularly a value investing style. There is a lot of coverage given to "Evil on theStreet" -- because, well, there's a lot of evil out there, and it's fun to write about." The Anumati News blog launched in February 2005, but because Mario posts about three times a day there's already a substantial amount of content.
The Asset Allocator's
anonymous author says his goal "is not to provide investment advice--it's to entertain and to make people think. Oh yeah, and to provide some humor." The blog contains poignant and thought-provoking charts, pithy commentary about the economy, market and sectors, and frequent collections of links to interesting articles. Although concise, the posts are infused with a level of intelligence that reflects the author's credentials: an MBA from a top 20 business school, a CFA, and a decade of professional investment experience with a 5-Star Mid CapValue equity fund and more recently as an Asset Allocation PortfolioManager. And yes, it's also funny. Launched in January 2005, with postsabout once daily.
Astrology of Markets and Current Affairs
is the work of Ali Mostofi. Mr Mostofi has spent the last 20 years tracking astrological day trading signals for stocks and currencies. During that time he has correlated every minute of every market day with angles made by planets. In his Beginner’s Guide, which is intended “to explain everything in a simple, almost childlike manner�?, Mr Mostofi explains that he uses the "normal" 10 planets, certain Asteroids and other stellar entities known as "Uranians". Mr Mostofi claims to be the authority on astrological trading; unfortunately he makes no mention of his performance. But this blog could still be highly useful to traders and investors: if someone says to you "Buy this stock!", on the basis of Mr Mostofi's tracking of Uranians you may be able to reply: "Amazing! Your suggestion is straight out of Uranus!". Mr Mostofi posts daily, and appears to have launched his blog in September 2004, just as an asteroid...
Between the Hedges
is written by an anonymous hedge fund manager. It provides a summary of the market each day, including economic and business developments, sell-side rating changes, and notable movements in stocks and sectors. The links are one of the best set of trading-oriented links available on the Web: exhaustive and carefully categorized. But the site lacks analysis and opinion, and doesn't contain information about the fund manager's holdings (most likely that's for legal/regulatory reasons). It can also be painfully slow to load in your browser.
The Big Picture
is described by author Barry Ritholtz as "Macro perspectives on the Capital Markets, Economy, and Geopolitics (with a dash of film & music)". It focuses on issues that affect the overall market rather than individual stocks, but it applies macro commentary to actionable trading ideas. As a result, it's particularly strong on topics such as the impact of higher oil prices, interest rate increases, and accelerated depreciation allowances. And it's really good on one of Barry's pet interests: the economics of the music industry.
is a commercially-run stock market blog published by Eric Levitt. The staff writer is Mark Mahorney, who has written for The Motley Fool, Investopedia, and various investment newsletters. Other contributors include Jack Rothstein, Ian Wyatt and Charles Norton. Levitt describes the orientation of the blog as follows: "We take a common sense, critical thinking, and truth seeking approach to profiting from wide-spread disinformation. BlogginWallStreet is the intersection between financial content and political commentary. Our strength is in identifying misinformation in the markets and ways to profit from it." BlogginWallStreet was launched in late 2004, though Levitt had previously published four other investing web sites - Marketblog.com, Stockblog.com, ETFera.com, and Great Speculations. Articles are posted several times daily during market hours.
provides tools and stock suggestions for the CANSLIM investor. ("CANSLIM" is the name of a momentum approach to investing and trading developed by William O'Neil, the founder of Investors Business Daily.) The blog's author was formerly a researcher for Canslim.net and also runs his own paid membership site.
Charles Z.T.'s Investing Blog
has four goals: to identify stocks that have a good chance of outperforming the market, and explain why; to comment on the overall the market; to cover news of particular interest; and to link to useful and interesting investing websites. And, although it only launched in February 2005, it approaches those goals rather well. The focus is on fundamental research of technology and Internet stocks, though other topics are occasionally covered. As for the author's track record, he says: "I prefer to keep my blog anonymous, but I will say that I have a great deal of investment experience and an excellent personal track record in the market."
refers to the hour before the market closes (2–3 pm) "when the market often does the opposite of what it will do going into the close". Two factors make this blog noteworthy: the anonymous author's professional financial experience, and the breadth of his analysis. He has about 10 years investment experience as an investment banker in the Corporate Finance division of a regional brokerage firm, as a sell-side equity analyst covering the Technology and Software Sectors, and now on the buy side as co-manager of a value/contrarian small-cap portfolio and a dividend-oriented, defensive portfolio. Breadth of analysis? He focuses not only on fundamental and technical analysis, but also pays attention to sentiment and market outlook. "My forte", he writes, "is buying broken growth stocks that have been beaten down but have already shown some aptitude in turning around; growth stocks that have yet to be discovered; and deep value stocks that most investors have given up on but are showing signs of coming back to life". Launched in February 2005, two to three posts per day.
is named after a Warren Buffet recommendation for investment success: "You must be animated by controlled greed and fascinated by the investment process." It's written by John Bethel, a freelance writer who has been managing his own retirement funds for the last 11 years. The focus is value investing, based on net working capital, book value and low P/E ratios; there's also some discussion of special situations and "fallen angels". The analysis is careful, and the style is thoughtful and totally lacking in hype - just what's appropriate for a value-oriented, contrarian stock picking blog. Overall, Controlled Greed reads as though it's written by a patient value fund manager. Indeed, Mr. Bethel reports that his readership includes numerous investment professionals. Launched in April 2005, with roughly one post per weekday. Positions in stocks under discussion are disclosed.
aims at "Putting the spice back in investing". It's mainly focused on macro-economic and general market commentary.
CXOAG Investing Notes
is the blog section of the CXO Advistory Group's web site. The firm uses a proprietary model to value the S&P 500 and to predict the timing of the index's reversion to this valuation. The blog covers three areas: (1) original primary research based on the model; (2) summaries of external (secondary) research; and, (3) reviews of books, web sites and gurus. Its coverage of the latest stock market investing and trading research from academia is particularly strong. The author, Steve LeCompte, says he has "over 30 years experience as a private investor and a background encompassing physics, engineering, market research and media". Posts are usually daily. No RSS feed.
Daily Dose of Optimism
joins the ranks of blogs written by finance professionals. The author's motivations for writing Daily Dose of Optimism are the classic advantages of blogs over the one-sided communication of most Wall Street and other media outlets: "I provide themes and ideas, and I hope the readers respond with good links, insightful comments, corrections, clarifications. I'm trying to learn from writing, and learn from people's reactions." But don't let the title fool you - the "Daily Dose of Optimism" is anything but, as the author's outlook for the US alternates between cautiously pessimistic, and optimistically apocalyptic, although there is a deep measure of respect and concern for the USA. "The price of everything made in Asia is falling, while the price of everything that isn't is rising (housing...) - this isn't sustainable." Even if you don't share that perspective, there's a lot of fun, interesting and provocative reading here. It's probably best summed up by an autobiographical comment the author sent me: "I have a lot of smart hedge fund friends from college who make fun of me for being way behind the curve, and this site my 'revenge of the nerds'." Post frequency varies from once every five days to 10 times per day. Launched March 2005.
Dividend Stock News
links to, and quotes information, commentary and updates about dividend-paying stocks, without adding commentary of its own. The primary (anonymous) author describes himself as a part-time investment advisor who works with several ex-fund managers. This is a useful resource for dividend-related information. Posts average two per day. Points for improvement: the categories are too general to be helpful, it's not clear how many or which authors are involved, and sometimes quotes lack correct ascriptions (though original articles are always linked to).
"The real goal of the blog", writes the anonymous author of Edge Trader, "is to help myself analyze successes and failures, and possibly to generate some feedback or discussion in the form of comments that help me." Personal trading journals are not always exciting. But this one is distinguished by the fact that the author claims to have 15 years' experience in the financial industry and to be currently employed by a large financial institution. The quality of his blog seems to corroborate that. Most posts consist of a single chart with a brief comment. Disclosure is partial: "I do disclose some positions in stocks in a general way after I have taken them, often with the reasons why and what I plan to do about them. On closed positions I will generally cite the return or loss. On a monthly basis I make goals for the coming month and recap the previous month's performance in relation to those goals." Posts are erratic: sometimes four or five days go by with nothing, sometimes one post per day, and sometimes a spurt of 4-5 posts in a single. Launched in July 2005.
is the deepest site devoted to exchange-traded funds and closed-end funds on the Web. It covers most issues relevant to ETFs: (1) Which are the right ETFs to include in a long-term, diversified portfolio? (2) How should long-term investors allocate their assets between different ETFs? (3) What short-term trading opportunities are there with ETFs?, (4) How do ETFs compare to traditional index mutual funds? (5) What new ETFs are coming, and what will be their impact on the underlying asset classes?, and (6) How are the valuations and attractiveness of various sector and style ETFs? These topics are covered by numerous writers, including George Bijak, editor of Business Cycle Investor; Tom Coyne, the editor of Index Investor; Tate Dwinnel, author of Canslim Investing; Dave Fry, founder and editor of ETF Digest; David Jackson, author of Seeking Alpha and The Internet Stock Blog; Ezra Marbach, author of The China Stock Blog (he writes only about China ETFs); Roger Nusbaum, financial advisor and author of his own blog (Random Roger's Big Picture); Nick Perry, who covers ETFs for Schaeffer's Investment Research; Scott Rothbort, president of LakeView Asset Management; Todd Stein & Steven McIntyire, editors of the Texas Hedge Report, and J.D. Steinhilber, founder of ETF newsletter and investment management firm Agile Investing. Readers can search the site by keyword and can also view all the posts by ticker symbol, asset class, investment strategy or author. Posts are up to 5 times daily.
has a different slant from most other blogs in this listing: its focus is financial communications, investor relations and corporate governance. The author is George Gutowski, author of Financial Self Defense for Investors. "Currently the blog is a platform to present my ideas", he says. "The blog acts as a real time continuation for readers and as an introduction to new buyers." Posts are roughly one per day, though a little erratic.
contains actionable analysis of the footnotes in company filings. It's written by Michelle Leder. As well as writing Financial Fine Print, she spent 16 years as a business reporter, editor and freelance journalist, with articles published in The New York Times, BusinessWeek, Business 2.0, and Slate. As a daily journalist, she won the Society of Business Editors and Writers Best in Business award. She holds a degree in economics from Brandeis University in Waltham, MA and lives in Peekskill, NY with her husband, Scott. This is a tightly-focused and well-written blog. Although posts aren't categorized, it's easy to find articles about companies and stocks using the search function. One post per day.
In The Money
is written by Jordan Kahn, a portfolio manager for Berger & Associates in Beverly Hills and a regular contributor to TheStreet.com's Street Insight. Although its remit is wide (investing, stocks, real estate, and personal finance), In The Money focuses on the U.S stock market. Its 1-3 posts per day usually include at least one of the following: a "Morning Update" that summarizes the key stock-related news stories of the day, a "Stock of the Day" that analyses a single stock from a technical (chart) perspective, short collections of links called "This and That", or a summary of the day's trading called "Market Wrap". Monitoring of market sentiment is a particular strength. The posts are succinct and well-written, and often prefaced with entertaining quotes that follow themes. Launched in April 2005.
An Internet Stock Blog
is written by Brian Bolan, a finance professional with experience in private equity, investment banking, and equity research on both the buy-side and sell-side. He covers a range of sectors, including Internet, security software, and wireless handsets. (Don't confuse this site with The Internet Stock Blog, which is devoted only to Internet stocks.) There's much to like here, including occasionally copious notes on company conference calls, sustained coverage of stocks that interest Mr Bolan (such as LOUD), and posts that help investors "join the dots" (such as: if you're interested in wireless stocks, don't forget SYNC). And Mr Bolan is particularly strong on wireless. Some investors, however, may be put off by posts that discuss (or try to identify!) who's reading the blog and posts on non-investment related topics. Launched in April 2005 with at least one post per day.
is focused on technology stocks, though there are occasional comments about other sectors and the overall market. It's approach is fundamental analyis of companies' performance and positioning; no charts or technical analysis here. It's written by an anonymous investment professional who claims seven years experience on the sell-side and the buy-side. Unlike some other stock market blogs which primarily provide links to articles of interest by other authors, Inventing Money contains pithy and original analysis of its own.
is written by an anonymous 28 year old with a finance & marketing MBA from Loyola University Chicago. He states that his active portfolio has outperformed the S&P 500 over the last five years (though it's not clear whether that's pre- or post-tax). The blog provides commentary and insight into stocks on his watch list (both long and short), and links to articles from an array of economists and financial writers including Roach, Richebacher, Simmons, Faber, Kasriel, and Rostenko. It was launched in March 2005, with 5-10 posts per week.
Jeff Mattews Is Not Making This Up
is a rare thing: a finance blog from a well-know hedge fund manager who can also write really well. Author Jeff Matthews runs money for hedge fund RAM Partners, and also writes for The Street.com. His articles do what a long-short hedge fund manager should do best: focus on short ideas born of corporate irregularities. Those cases require substantial research and aren't easy to come by and document, so Jeff Mattews Is Not Making This Up covers relatively few stocks (lots on Overstock.com and Autozone, for example) and the posts are only occasional. But if he writes about a stock that you hold, you want to read what he has to say. Launched in January 2005. Like other Blogger-hosted blogs, it lacks categories but has excellent site search. More seriously, there's insufficient transparency: no disclosure of positions in stocks under discussion, no "About" section, and no way to contact the author via the blog (and his contact information isn't easy to find elsewhere). Jeff - if you read this, please email me via the link at top right on this blog!
The Kirk Report,
one of the longest-running and most popular finance blogs, is written by Charles Kirk, who says he's been trading for over 10 years with an annual (is that pre-tax annual average?) gain of over 76%. Mr. Kirk publishes his stock trades and portfolio, and comments on his positions. The strategy is short-term trading-oriented with an emphasis on charts and momentum trading methods, so the analysis won't appeal to investors (rather than traders) or those aiming for long-term capital gains. But longer-term investors should enjoy a daily post called Random Thoughts and Readings which contains links to a wide range of investment-related articles all over the 'Net (as well as warm-hearted nuggets of advice and encouragement such as "An ounce of patience is worth a pound of brains"). The writing style is succinct and welcoming and the graphics fun but not overwhelming. Four or more posts per day.
The Learning Blog
is written by Dan McCarthy, a student at the Wharton School of Business in the Management and Technology Program. He's worked as an analyst at a small cap value fund, as a "summer quant" at Citigroup, and is currently working for a startup value fund. "To put it simply", he says, "I love finance, both qualitative and quantitative. Deciding on which to pursue was one of the most difficult decisions I have had to make." That combination of interests is what makes Mr McCarthy's blog interesting. It's one of the few finance blogs that discusses quantitative issues, articles in academic finance, and fundamental value investing. (It's fairly theoretical, so don't expect many stock picking ideas here.) Started in January 2004, with 1 to 5 posts per week.
Lloyd's Investment Blog
discusses investing, stocks and the market, "with a smattering of real estate, economics, fixed income, forex, commodities and options", according to author Lloyd Sakazaki. The focus is long-term, a welcome characteristic given the prevalence of short-term trading blogs. After obtaining his Ph.D., Mr Sakazaki worked as an investment banker and derivatives specialist at top-tier firms in New York and Tokyo, and also worked in professional real estate investing. His description of the blog's strengths should resonate with other ex-Wall Street pros: "Everything I write about in my blog is motivated by and somehow related to the common challenge I and so many of my ex-Wall Street colleagues face: how to grow your own portfolio with all of the stimulation and none of the tedium of a six- or seven-figure job. I spend the vast majority of my time thinking, researching and analyzing--all as prelude to making occasional but (hopefully) optimal buy-sell decisions." Launched in January 2005, with longer than average posts somewhere between once a day and once a week.
is written by John Austin, who has a Ph.D. in Management and a BA in economics and has spent the last decade researching management and finance. (Before that he was an economic analyst.) Monty's Bluff comments on current business events and managerial issues relevant to valuation, and highlights resources for investors. Topics include top management team issues, restructuring, financial reporting, firm reputation, and shareholder influence. According to Mr. Austen, "My focus on organizational indicators that are linked to financial performance is unique... my training and experience blends psychology, finance and management, and I've found that few people have this same mix of expertise." Posts are once daily.
is a rather frenetic and fun trading diary. The anonymous author has been trading for five years, focusing on swing trading, day trading and short-term options trading. This is an enjoyable blog for two reasons. First, it has great tools and links. The layout is clean, but manages to pack in site search, links to tools including real-time quotes, charts, news, and volatility and options stats, and links to other relevant web sites. There's even a rather mesmerising clock that keeps you glued to the site. Second, Online Trading has a real trading feel to it: posts are frequent (up to 10 times per day), pithy, and timely. And there's a prominent table of recent trades so you can track the author's positions. Launched in May 2005.
The Peridot Capitalist
was launched in October 2004 by Chad Brand, the founder and president of Peridot Capital Management LLC, an investment advisor based in St. Louis. The blog highlights the contrarian investment strategies that Peridot employs when managing portfolios for its clients, and contains observations about individual investments and the broad market. Post are often daily, usually at least a few times per week.
focuses on short-term trading opportunities in stocks and options, using what the blogger calls "a profitable, proven, contrarian approach of shorting price peakes and buying price bottoms."
The Prudent Investor
is a stock market blog with a firm ideological slant. According to author Toni Straka, "we approach an era of global redistribution of wealth... the US-European centrist approach will not work much longer. Five billion people in the developing countries will demand their fair share of the world's resources." Combined with an adherence to Kondratieff's theory of long market cycles, that produces a focus on "the problems of fiat currencies with their inherent fate to get destroyed by the ruinous dangers of credit-induced inflation". Mr Straka edited the financial section of the Austrian daily paper Der Standard and worked for the Frankfurt bureau of Reuters. He writes in (excellent) English, though occasionally his foreign roots show up in minor grammatical errors. Posts are 1 to 3 per day since the blog started in April 2005.
Random Roger's Big Picture
(yes, it really is called that) covers portfolio management, the market outlook, foreign stocks and ETFs. Its author is Roger Nusbaum, a portfolio manager for wealth management firm Your Source Financial (Arizona). Mr. Nusbaum has worked in the financial industry for 20 years, first as a retail broker, later as an institutional equities and options trader, and now in wealth management. He has had articles published in Barron's, Yahoo Finance, the Motley Fool, and ETFzone.com, and appears regularly on CNBC Asia's Market Watch commenting on U.S. markets. The blog is quite personal, but contains useful thoughts about asset allocation and portfolio management, which most other financial blogs don't cover. It's also particularly strong on foreign markets and closed-end funds.
"The motivating principal of this blog," writes Raw Greed author Andy So, "is my desire to educate others, prevent greed and speculation in the market, and turn a profit from my stock recommendations. Hopefully with more readers my own system and knowledge will improve." Raw Greed has two particular attractions: the analysis is fundamental rather than chart-oriented, and it covers a broad range of stocks and sectors, not just technology. The style is chatty, with an engaging personal tone -- "I’ve added DLTR, Dollar Tree Stores and DG, Dollar General Corporation to my watchlist...". Downsides? Some might want more rigor than is offered, and the writing suffers from occasional minor grammatical errors. Launched in May 2005, 1-4 posts daily, full disclosure of positions when discussing stocks owned.
Rocks and Boulders
is written by the members of family money management firm StoneRiver Capital. The blog covers arbitrage, event-driven and special situations, defined by market inefficiencies and mispricing from misunderstood risk. Despite the fact the authors are finance professionals, they remain anonymous (they say to avoid breaching the strict SEC investor solicitation rules), using only their first names - Gary, Veronica, Ari, Dan, Anna and Salvatore. Gary and Veronica have 18 years of investment experience; Veronica was in charge of private equity at a large hedge fund. The rest of the team has more limited experience, but all are now involved in the money management firm. "We are believers", Gary says, "in expected value methodology and the use of downside-upside risk-return analysis". Relatively few blogs focus on special situations, so this professionally authored blog is a useful resource. Launched in February 2005 with 5 to 10 posts per day.
Rule #1 Blog: Phil Town on Investing
covers the investment philosophy, experiences on the speaking circuit and personal anecdotes of Phil Town, who says he turned a thousand dollars into a million dollars and eventually grew his portfolio to $20 million. What's Rule #1, you may be thinking? "When investing, aim not to lose money, as opposed to make money". This principle, claims Mr Town, comes from Warren Buffett; perhaps he's refering to Buffett's goal of buying stocks with a margin of safety, ie. at a discount to their intrinsic value. The blog contains fairly long pieces that will warm the hearts of self-help book fans. If you're looking for stock analysis, though, this isn't the place to come, as there's no discussion of individual stocks. And at times the blog feels like blatant promotion for Mr Town, his upcoming book and his Get Motivated seminars. In fact, some of the posts are reprints from... Get Motivated Magazine, which doesn't seem to reach the heights of financial sophistication. Example: "If you want to find a great stock that is undervalued you would look first for specific parameters. Parameters are just facts about that company that computers can collect and you can dig out." Bottom line: read this blog to get a financial hug (or to learn what parameters are), not to improve your investing skills. Launched in February 2005, roughly one post per day. Update: since this review was written, Mr Town has added more stock-specific content to the blog. A particular strength: his willingness to respond in detail to readers' questions.
is different from most of the blogs in this section in two ways: it's aimed at hedge fund and mutual fund managers rather than retail investors, and it doesn't discusses individual stocks. Instead, it focuses on market, sector, and style strategy, portfolio & risk management, and other issues relevant to fund management such as teh quality of sell-side research. It's written by David Jackson, who runs a long-short portfolio and was previously a technology research analyst with Morgan Stanley covering communications equipment stocks. He also publishes daily commentary on Internet stocks on The Internet Stock Blog, has written a free book for retail investors about investing with exchange-traded funds (ETFs) called The Radical Guide to Investing, and edits a blog about investing with exchange-traded funds, ETF Investor. Seeking Alpha also includes free job listing for hedge funds, mutual funds, investment banks, independent research organizations, and headhunters and recruiters for the investment industry.
is a contrarian-oriented thought-stream on a broad array of topics. Its two authors say they are anonymous due to their employment at investment companies. One is an analyst at a small U.S. portfolio management firm and the other an analyst at an international investment bank. They describe their coverage as "underreported stories, follies of the financial press, untrustworthy analysts, irrational behavior, and misleading corporations". In fact, The Stalwart also covers economic and macro issues and interesting stocks. Two factors makes this blog particularly worthwhile. First, the authors are smart; and second, they write well. The result is a succinct and thought-provoking read. The blog was started in April 2005, and illustrates an important emerging phenomenon: stock market blogs are now being launched by intelligent and articulate investment professionals interested in expressing and exchanging ideas (not promoting their own positions). Posts are frequent - between 2 and 6 times per day on days the market is open.
The Stock Bandit
is written by Jeff White, who trades full time from home. He runs a paid membership website/newsletter, but uses the (free) blog to interact with other traders. The blog covers trading ideas, trading psychology and full-time trading. Perhaps because the author trades from home and uses the blog for social interaction, the pieces are longer and have a more personal touch than those of many other stock market blogs. Launched in January 2005, posts are usually about once per week or "whenever I feel a trading idea is good".
Stock Picks Bob's Advice
is the trading journal of amateur investor Bob Freedland, who says he has been following the stock market since the age of 13 and reading about and trading stocks since that time. "I have my own method of picking stocks," he says, "based on reasonable evaluation of daily momentum, latest quarterly earnings, a Morningstar review of earnings and revenue growth, free cash flow, balance sheet, p/e, PEG, price/sales, and a point & figure chart. There is nothing magic about what I do except my homework!" His actual trading portfolio is posted online. Launched in May 2003 with 4-5 posts per week.
is a genuine "blog" - a journal of one person's portfolio, including what he's buying, total portfolio value, and a candid discussion of mistakes and successes. The author describes himself as follows: "Armed with a PhD in Finance and a passion for economics, politics, and history, Stockcoach manages his own portfolio and provides daily commentary about the markets and how his portfolio is performing. He invests in smallcap value stocks, and maintains short positions to hedge market risk. Since he began investing four years ago, Stockcoach has beaten the market by an average of 5 pecent per month." Posts are usually daily. Like other users of the Blogger publishing platform categorization is weak, and that makes it harder to view posts on a particular stock.
Stocks Or Bonds
"I was a broker in the early 80s", writes blog author Jack Miller. "My friends called me T-Bond. At the time, T-Bonds offered 14% yields and large capital gains. My wife and I invested our stock and bond profits into 25 beautiful resort condos at Myrtle Beach. The question today is the same it was back then: Should the aggressive investor buy stocks or bonds? As I retire from my business in real estate investment, I want to return to my first love -- The Market." Stocks or Bonds is broadly bullish, with an emphasis on the overall market and the technology and energy sectors. Posts are often several times per day. But the formatting of the blog is messed up in some browsers, and that will deter many potential readers until it's fixed. Launched in late 2004.
is written by Ron Sen, a physician specializing in internal medicine, critical care and pulmonary disease who's been following the market and trading "for years". Worried about a doctor commenting on the stock market? You shouldn't be: his enthusiasm and financial ability rubbed off on his son, who co-wrote How Markets Really Work, and another doctor, William Bernstein, wrote The Intelligent Asset Allocator and is now a full-time financial advisor. (Though I'm not sure that's a net gain to society...) The blog's analysis is technical, focusing on volatility, mean reversion, and trend resumption, often using charts. The blog was launched in September 2004, and posts are roughly one per day.
uses technical analysis to analyze the markets. It's written by Mike Seneadza, who has been trading for a living since 1999 from his home in Atlanta, GA. He considers himself to be a swing trader but engages in some day trading as well. His trading approach is based solely on technical analysis. Each day he posts charts of the major indices, his outlook for the market and his trading candidates for that day. He also writes about, or links to articles about, the psychology of trading and money management.
True North Market Diary
is the free trading diary of Synvestor, a subscription-based service that provides technical analysis and swing trading recommendations written by Dane Halling. Mr Halling's career spans 15 years as a specialist broker in US equities, including 10 years at Alex Brown. Synvestor was started in 2003, and True North Market Diary in April 2005 as a way to drive traffic to the subscription-based site. This is pure technical analysis. Frequently discussed categories and stocks include Biotech, Big Picture Round Up, DHI, DIA, Energy, Gold, GOOG, Japanese candlestick charting, Nasdaq & Triple Q, OIH, Pre Open comments, Momentum stocks, RIMM, SBUX, SMH, and US strategy notes. Roughly 3-5 posts per week.
Bond & Foreign Currency Blogs
Dismally, as it relates to the markets
focuses on the foreign exchange implications of macro economic news. The author is currency hedge fund manager David Andrew Taylor, who says he has 11 years trading experience. Two factors make this blog particularly worth checking out. First, the commentary does a good job of synthesising fundamental analysis with charts. And second, the commentary is usually translated into actionable trading ideas by a footnote to each post titled "My Trading Plan". Launched in November 2004, 2-3 posts per market day.
Foreign Currency Trading
is a daily journal of a New York-based foreign currency trader.
Gold, Silver & Commodities Blogs
Big Picture Speculator
(not to be confused with Barry Ritholz's The Big Picture) focuses on commidity stocks, particularly uranium, gold, silver and energy related opportunities. The author is Jim Letourneau, who has a P.Geol., is the principal of Big Picture Geoscience Inc. and publishes the Big Picture Speculator investment newsletter. The blog uses a lot of technical analyis, but mixes it with observations about commodity demand and supply. Posts are frequent (5 to 7 per week). Particular strength: Canadian resource stocks, especially uranium, oil/gas, drillers, gold, silver, and coal.
covers futures, options and commodity news, plus occasional comments on the hedge funds that trade them.
Gold Investing Blog
is written by Jordan Peters, who started a 23 year career in gold investing from the time he became general manager of "a leading $23 million gold and silver investment firm", and says that he has also been a full time writer for the past 15 years. He describes the blog as covering "all issues gold and gold investing", and says he reacts to current gold news without assuming a whole lot of prior knowledge from his readers. But here's the problem. The blog is "brought to you" by Buy Gold at Cost, an online gold coin dealer, and the exact financial relationship between Mr Peters and Buy Gold at Cost is not disclosed. (Is Buy Gold at Cost the "leading $23 million gold and silver investment firm" that he is/was general manager of?) Whatever the relationship, it's likely that Mr Peters is strongly conflicted. Sure enough, the blog is relentlessly bullish on gold, and includes a post titled "Gold Coins, A Primer". Importantly, it fails to mention that the gold exchange-traded funds (GLD and IAU) are a significantly cheaper and easier way for most investors to buy gold than purchasing physical gold coins, despite the fact that at least one other gold industry expert has confirmed that. Still, if you want the bull case on gold, you'll find it here. Launched in April 2005, with roughly one post per day.
Gold and Silver Blog
describes itself as offering "frequent updates of interest to gold and silver investors". It's written by Michael Kantor, who actively invests in gold and silver stocks. He is also author of another blog called The Calico Cat, which is less tightly focused on investing issues.
Land of Black Gold
is subtitled "Reflections on oil, peak oil theory, energy in general, and the investment implications", presumably of changes in the oil and broader energy market. It's written by a New York-based programmer by day, amateur investor by night who uses the moniker "mh497". The style is light and readable and the links useful. No categories; post freqency is daily to 3-4 times per week.
Options & Futures Blogs
Daily Options Report
is written by Adam Warner, a professional options trader since 1998 who co-wrote the options column for TheStreet.com's paid subscription service StreetInsight. "I traded as a member on the AMEX from 1988-2001", he says, "then off-floor since. I got into writing in June 2003." This is a prolific and elegantly written blog. Mr Warner posts 5 to 10 times per day when the market is open (!), and the posts are short, informative and clear. They're also intelligable to equity traders and investors. That makes Daily Options Report particularly useful: before trading a stock, you can check what Mr Waner is saying about the options. Sometimes he'll add insight, sometimes argue that the options are a better trade than the stock, but always make options strategies accessible to non-options experts, while maintaining enough sophistication for dedicated options traders. Launched in April 2005.
tracks the trading plan and individual trades of amateur options trader K Gala. It covers equity and ETF option trading, along with articles about option-related resources such as option screeners, brokers, and tools. He also publishes excerpts of interviews with options traders like Nicholas Taleb and Philip Budwick.
contains analysis of the E-Minis and e-CBOT markets. It's strong on links relevant to specific financial instruments.
How to submit a blog for (no guarantee) consideration in this list
Blogs are chosen entirely on merit. If your blog is accepted and you'd like to link to this page, that's great. But I don't require a link because link swapping compromises editorial integrity. If you think your blog is a candidate for acceptance to this page, please send me a direct message on Seeking Alpha.