If you read my blog, I talk a great deal about the American economy and the lack of real growth due to a lack of production and export.  One area of “production” that we still thrive in is technology, especially software / internet technology.  While some of the biggest global phenomenons in the last few years like Facebook and Twitter are both American companies, does this really benefit our economy?

The last few months in the stock market have had some serious ups and downs.  In early March, people were disgusted with the market, doing everything they could to get out.  Today, in June, we’re over 30%+ off the lows and by the way people speak, you’d think happy days were here again!  My question is are you trading the market based on your strategy or is the market dictating your strategy?

Two of my favorite subjects are business and baseball.  I recently read a book that masterfully combined the two.  ”Moneyball” is the story of the Oakland Athletics baseball team, under the leadership of General Manager Billy Beane.  The A’s have long been one of the teams in major league baseball with the lowest payroll as other teams such as the Yankees continue to grow their payroll.  Basically, at first glance, the A’s chance of winning in baseball’s unfair landscape seems impossible, but the lack of money forced the A’s to …

We have had an insane run in the last 2 months.  The market has rallied over 30% from the March lows in just a matter of a few months.  For those that missed the run, I urge extreme caution in buying into the market at current levels.  The reason?  Risk/Reward!