Posts in Uncategorized

Women Getting More PhD's

Study in Inside Higher Ed.  Women for the first time are getting more PhD’s than men.  Over the past few years, more women are applying to college versus men as well.  Over the last ten years, the shift has been …

Women Getting More PhD’s

Study in Inside Higher Ed.  Women for the first time are getting more PhD’s than men.  Over the past few years, more women are applying to college versus men as well.  Over the last ten years, the shift has been …

Sometimes You Need a Little Levity

When I was standing in formation at the Air Force Academy, we basic cadets were all depressed.  An upperclassman walked by twirling his sabre, “A little levity basics, a little levity.  I want to hear a little jocularity.” As I …

It’s Friday

Virtually every Friday the market drops. But so far not today. The market is defying gravity today.  The market seems a bit oversold anyway-so a bit of a rally isn’t surprising.  There is still no volume out there.  No conviction. …

It's Friday

Virtually every Friday the market drops. But so far not today. The market is defying gravity today.  The market seems a bit oversold anyway-so a bit of a rally isn’t surprising.  There is still no volume out there.  No conviction. …

Note to Regular Readers

Sorry, switched to a new server this week. The Stocktwits network is hosting me now. If you signed up for an RSS feed or email delivery of the blog, you may have to resign up again. I am sorry about …

Guest Posts on Points and Figures

From time to time, I allow different people to guest post on the blog. Some are traders that I know, some are professors that I know.  I even let politicians of political parties post, as long as I agree with …

PCE

Personal Consumption Expenditures(PCE) came out flat this morning. Looking at results from consumer products companies, they are also flat-so I trust that this number was correct. One thing that worries me is that it feels like it is March of …

Santelli on Meet the Press

Amidst all the liberal drivel on Meet the Press, Rick Santelli is on. Interestingly, in Chicago, precisely when Santelli began to speak-The National Weather Service issued a bulletin. It wasn’t on any other main news channel. You couldn’t hear what …

Technical Difficulties

Sorry about the appearance of the site. I upgraded to WordPress 3.0 and the blog looked different. I am working on the problem, but won’t have it fixed for at least a day. WordPress is really a pain to get …

The Crash of 1987…Addictions & Miracles

Getting off the beaten path, the past couple of weeks I have told “Crash of 87” stories.  These have been the sort of stories that would make the nine-to-fiver a bit envious.  Believe me when I say, all this joy …

The Crash of 1987…My Story by Tony LaPorta (TLP)

I wrote this story in 2006, but lived it in 1987. Getting off the beaten path, this week passed marked the 19th anniversary of the stock market Crash of 87.  If you were a trader during the Crash, you have …

Cape Town, South Africa 1988 My Story by Tony LaPorta

Getting off the beaten path, after one night’s stay in a  Johannesburg hotel, my next destination was Cape Town…a two-hour flight.  First I need to work backwards.  In all my travels as a single man, I never had a hotel reservation.  I …

Johannesburg, South Africa 1988 My Story by Tony LaPorta

Getting off the beaten path, In March 1988 I had the good fortune to spend three weeks in South Africa.  Two of those weeks were spent in Johannesburg and one in Cape Town.  Apartheid was alive and well.  Nelson Mandela was …

Would You Like Spam With that Fine Bordeaux?

Wine is an experience good – it is very difficult to assess quality without actually trying the good yourself. For such products expert ratings can play an important role in guiding our purchases. I recently had occasion to compare ratings …

Movie Futures

The CFTC approved futures on box office receipts today.  While I agree with trading as many markets as possible to get efficient price discovery, I am not sure this one is applicable to that theory. Certainly, there are a lot …