michael covel

A Reader…

Of course it’s fake, but I wonder who exactly had the Photoshop time to make it? I did not do it! SHARETHIS.addEntry({ titl...

Nicholas Darvas: Trend Trader

From a Time Magazine article in 1959: Darvas places his buy orders for levels that he considers breakout points on the upside. At...

I Want to Talk to You

I have learned a few things interacting with and teaching both readers and clients over the last decade. Big lesson? Answer emails...

Pablo Picasso on What Is Important

Pablo Picasso once said: “Computers are useless. They can only give you answers.” I saw that today for the first time....

College Loans: Time to Rethink

SHARETHIS.addEntry({ title: "College Loans: Time to Rethink", url: "http://www.michaelcovel.com/2010/03/04/college-loans-time-to-...

I Feel Like I am in the Middle of a Family Gu...

From Reuters today: WASHINGTON (Reuters) - A senior U.S. Federal Reserve official said on Tuesday that an extended period of ultra...

Veteran Feedback

Feedback in from a reader: Dear Michael, I just finished ‘The Complete TurtleTrader‘ and ‘Trend Following‘...

Stephanie Loiacono: Warren Buffett PR Agent!

Stephanie Loiacono writes a little love poem to Warren Buffett here… Um, Stephanie, where is the part about the big W.’...

It’s What You Do Next that Counts

I snapped this pic on my phone in Dulles airport while traveling over the holidays Dec 09. Accenture dumped Tiger. SHARETHIS.addEn...

Launch a Business

I don’t usually have much discussion about it, but there are several resources and or books that have influenced how I launc...

Trend Following on Amazon

Books come and go. There is an ebb and flow. That said, my three editions of ‘Trend Following’ started almost six year...

“They Raped the Taxpayer, and They Raped Thei...

From Matt Taibbi: “The nation’s six largest banks set aside a whopping $140 billion for executive compensation last ye...

Course Features Comparison

A newly launched features comparison makes it much easier to compare our trading systems courses. SHARETHIS.addEntry({ title: "Cou...

Reporter Conversation

I was just speaking with a Brazilian reporter who called me from São Paulo. He said, “But isn’t trend following hard?&...

Simplistic and Stupid

A well-crafted excerpt from analyst Bert Dohmen caught my eye: [Today] At the low, the DJI was down just about 300 points. Yet, th...

Presidents Know What Is Up?

Consider an exchange between a questioner and President Bush at a December 17, 2007 press conference: I wanted to ask you [Mr. Pre...

Exactly

A great line about the United States: Something is fundamentally wrong. All we have are government policies that are short-term [w...

Bernard Drury: Trend Following Pro

I had the opportunity to spend time with and interview trend follower Bernard Drury a few years back. Drury has done quite well as...

Cramer? He Is Still Here?

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BlueCrest Trend Trading

An interesting read (PDF). As an associate of mine said: On third page, read the two paragraphs that starts with “A big part...

Fear & Greed Are Stronger than Long-Term Reso...

Bob Farrell’s 10 Lessons: 1. Markets tend to return to the mean over time. 2. Excesses in one direction will lead to an opposite e...

Make It Happen

An insight: “Reading Wooden, I realized: If I’m gonna be a competitor, if I’m ever going to do great things, I&#...

Origins of Trend Following

An excerpt about trend following origins from here: One reason for this paucity of early information [about trend following] is su...

Patience! The Governmennnnnnt Will Fix It All...

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Broke Film Review

Feedback in today: Michael: We are connected through LinkedIn. Even though I am relatively young (42), I am in the “managed...

“Employers Unexpectedly Cut Jobs in December”

From the wires today: WASHINGTON (Reuters) - U.S. employers unexpectedly cut 85,000 jobs in December, cooling optimism on the labo...

‘Happy Talk’ from Simon Maierhofer

From Yahoo I caught this tonight. An excerpt: Deep down, every investor is an artist. Your portfolio tools are your paintbrushes a...

Pursue Dreams

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Turtle Jerry Parker & Gisele Bundchen: One De...

The NY Post reports: Staunch Republican R. Jerry Parker Jr., whose Virginia-based Chesapeake Capital Corp. manages more than $1.5...

“The Ratios!”

Feedback in today: “Michael, I received the Larry Hite video. I wanted to say thanks. I very much appreciated the copy. I ha...

Know Your Type!

There is no perfect ‘type’ for trading, but an associate of mine does a nice job here with Myers-Briggs testing servic...

Ten Lessons (Not?) Learnt

Ten Lessons (Not?) Learnt from James Montier: Markets Aren’t Efficient Relative Performance is a Dangerous Game This Time is Never...

But You Need A Meterologist, Right?!

Feedback from a reader running/promoting a trend following firm: Went to NYC last couple weeks to pitch my fund to several institu...

“4 Is Less than 6!”

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I Want Your Video Feedback!

I want your video feedback and reviews. Turn on your camcorder, your video iChat or whatever video source you want and put your vi...

DVD Feedback

Feedback in today: “I had the pleasure of watching the Salem Abraham DVD yesterday. First, I have to thank Michael for putti...

Old Pro Wisdom

An quotation from an old pro trend follower that appeared in an article written by Michael Martin: “Why do people think they...

72 Countries Now

We recently brought on board a client from Côte d’Ivoire. Our clients are in 72 countries now. ShareThis

Trading Course Feedback

Feedback in today: Mike, I wanted to thank you again for taking the time and effort to put together the trading course. The materi...

Film Review

Feedback in today: Michael, Thank you for sending me your film on DVD. I thought it was an excellent film for beginning and vetera...

Fun with Numbers

Recovery this and growth that — I don’t get it. If you borrow a ton of money to make economic growth happen…how...

Kicking the Can Down the Road

This article is a great example of what happens when governments take over free markets. An excerpt: Home sales up 7.4 percent in...

Could You Imagine Betting Your Life Savings o...

I like much of what these guys do on Tech Ticker (i.e. the Libertarian economic angles), but some of the guests are pathetically...

Batting Practice

I posted some “take my aggression out” batting practice on my Facebook site today. ShareThis

Jim Rohrbach: Why Investors Buy High and Sell...

My friend Jim Rohrbach sent me an article he recently authored: I talk to a lot of people about investing. Many of them are afraid...

I Have Heard It All

A Turtle who bombed big time over the 20 years since Dennis disbanded the Turtle program now is pumping the idea that trading is o...

Trading Course Special

For the rest of this month I am offering a special with my $1897 trading course. It includes the new Hite and Failkner DVDs at no...

Up and Down, But Mostly Up Recently

From Yahoo today: Investors had hoped that FedEx’ raising of its guidance in early December for its fiscal second quarter me...

Donchian: Forbes Circa 1982

An excerpt from Forbes circa 1982: The fundamentalists — a decided majority among successful investors — look on chart...

Winners Make Their Own Good Luck

While the article might be a few years old, it’s very relevant going forward. ShareThis

Trend Following Translation to Portuguese

Finally, my book “Trend Following” will be published in Portuguese! To all my new friends down in Brazil thanks for pu...

James Montier: To Be Happy

An excerpt from James Montier: If you are after specific investment advice, stop reading now. We seek to explore one of Adam Smith...

Facebook One on One: Career Advice

Here is a recent interchange I had with a new friend on my Facebook: Ken: I’ve actually been “following” you for...

Chuck LeBeau Wisdom

Chuck LeBeau (his classic book) has seen much in the trading industry. He was a pioneer. He was also kind enough to grant me an in...

Recent Feedback

Martin writes: I read about Salem Abraham in Michael Covel’s The Complete TurtleTrader and Trend Following books. Abraham&#...

New DVDs

I just completed a final review of new DVDs soon to be offered here: Larry Hite: 65 minutes Charles Faulkner: 60 minutes Chris Fer...

Great Men Don’t Think Like This

A sad commentary on the times. Unfortunately for the ‘proletariat’ they don’t understand that asking for the so-...

A Little Truth Tonic…Nice!

An excerpt from Bloomberg: Economic growth is the best source of job growth. If growth is curtailed by soaring government debt, jo...

College Ripoff

This article is why I am in the business of educating traders. An excerpt: Employers and career experts see a growing problem in A...

Less Is More

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Another Review of Salem Abraham DVD

Here is a second recent review of my Salem Abraham DVD: The Market Wizard DVD featuring Salem Abraham is an 89 minute discussion w...

Another One Looking to Be Broke

I mentioned the other day why my film was titled “Broke: The New American Dream.” Short answer: many people actually w...

Review of Salem Abraham DVD

A recent review of my Salem Abraham DVD: All I can say is that [Salem Abrahma DVD] was the rare opportunity to hear timeless advic...

New Larry Hite DVD Available

I just received my final Larry Hite DVD today. This is an interview I personally conducted with Hite. The DVD is 65 minutes. It wi...

The Human Element

Why did some Turtle traders fail? An interesting powerpoint (PDF) covering the “human element” in trading answers thar...

Talking with Trend Follower Ken Tropin, Chair...

A recent Ken Tropin profile in Barron’s. ShareThis

FREEMarket

My review of Michael Moore’s recent film made the hard copy of the Ludwig von Mises Institute’s FREEMarket. Check the...

The Journey

I caught this line from Art Garfunkel: “I was preparing for a PhD in Mathematics. All of that seems like so much nonsense no...

A Review

A recent review of my book ‘Trend Following’. ShareThis

Bring It On Wall Street Spin Machine!

A reader writes: For any strategy you can find dozens of funds with extraordinary track records, but nobody talks about the hundre...

Trend Following Is An Illusion! Cover Your Ey...

I get critics with agendas every so often. They are always sure that they have found the “hole” in trend following. He...

Broke Is the New American Dream

I originally put these comments together on Facebook… My film is titled “Broke: The New American Dream” because...

If This Is True…

If this is true the ramifications for global economics in the near future…are not good. Everything is too intertwined for th...

Up!

From Yahoo: A year since the global credit meltdown, investors have waded back into corporate debt and junk bonds. “This ral...

Maybe He Will Be Right, But Can’t Trade on Th...

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The Dubai Dream

This is easily one of the most clever and funny articles I have seen in a long time. What a great imagination! An excerpt: In Las...

New Trend Follower: John P. Hussman

A reader forwarded me this link and highlighted this excerpt: But our year-to-date returns might now be into a second digit had I...

Money Management Advice

Trading mentor Van Tharp once stated: Perhaps the greatest secret to top trading and investing success is appropriate money manage...

It’s the Price, Not the Chart

William Eckhardt (see: “The Complete TurtleTrader“), in attempting to get people to see the flaws in some trading stra...

December Discounts and Complimentary DVDs!

I will be offering some limited time only discounts for the December holidays. Make sure to connect with me on Facebook for all th...

The Debate

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Warren Buffett Spin Machine

A young guy from the U.K. has been writing me this morning. He has been making a case for why Buffett is the best investor ever. I...

Office T-Rex

This is still one of my coolest purchases: More. ShareThis

Statistically Challenged

I received an email today with the subject heading of: The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson De...

John Jannarone of WSJ: Twit of the Day

Mike Shell turned me on to an article in the WSJ today from John Jannarone that said in part: “The bigger question for ETF i...

20+ Years Later? Still Holding Strong!

Richard Dennis offered wisdom 20+ years ago: “…you have to be a pure empiricist and realize that what you see - the pr...

Animated Unemployment

Now, that is a great way to make numbers come alive. Shout out to Barry Ritholtz. ShareThis

It’s Funny Cause It’s True!

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Benchmark Question

This question comes in from a Linkedin contact of mine: Hi Michael, my name is [name]. I am the Founder, Managing Partner, and PM...

Germany Warns U.S. on Market Bubbles

Too late guys…that ship has sailed! ShareThis

William Eckhardt: Limit Portfolio Risk!

Bill Eckhardt, the systems trading pro and former partner of Rich Dennis, once offered: “…many prospective clients ha...

SocGen: Prepare Yourself For The Worst Case S...

Guns and butter baby (report)! If we get a second October 08…I am blaming it on the Mayan calendar! More on that report: Pa...

Harvard Poker Pro Says Texas Hold ‘Em Can Tea...

From Bloomberg: “Someone who has made a successful living as a poker player for a few years would more likely be a good trad...

Larry Hite on Risk

Some wise views from Larry Hite: We don’t really trade silver…we don’t trade the S&P…we trade the diff...

Richard Donchian Article Circa 1978: Timeless...

Read. ShareThis

Brutal!

I was not going to post this, but his comments for 25 seconds starting at 1:50 are brutal: I disagree with his government solutio...

Turn Your Glitter to Litter!

Cats 4 Gold. ShareThis

In Our Power

The only thing that any of us can control is how much we are willing to lose at any given time. We can control that. Can’t c...

Goldman Is Gold

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Hey Can We Do This in the States Too?

Why stop with the busy work of roads and potholes? We too can build whole cities to keep the proletariat occupied! ShareThis

Are the Kids at the Fed Playground Getting Ne...

Tick tock. Tick tock. Sounds like 0% interest rates are not indefinite! ShareThis

Dr. Doom Offers Some Sunshine? Not

It is hard to argue with Nouriel Roubini about unemployment, but his solution caught my eye especially: There’s really just...

Meltdown Prevention?

President Barack Obama’s outgoing communications director Anita Dunn: “At the end of the year, there’s going to be the...

Turtle BS

I caught this nugget from a Turtle no longer in the game hyping a “new” trading method: “…I tend to get bo...

“You Made a True Believer Out of Me”

Feedback in: Dear Michael: Received Turtles and Trends yesterday and read Turtles cover-to-cover in one sitting. Perused Trends th...

Kindle Editions of My Books

I see that both of my books finally have Kindle versions out: ShareThis

Consumer Confidence Tanks, Stocks Rise: What’...

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The Complete TurtleTrader: Extras 3

Richard Dennis once said: “Too many traders - too many people in all walks of life - keep asking, ‘What do you think o...

The Complete TurtleTrader: Extras 2

Turtle Liz Cheval: Clearly, if I could alter my model to reduce volatility without sacrificing high performance, I would. But, vol...

Smile Kids Happy Days Are Here Again!

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The Kids Love It!

Shout out to John Chow. ShareThis

The Complete TurtleTrader: Extras 1

Turtle Michael Carr on making it to Richard Dennis’ doorstep so to speak: I grew up in Saint Paul, Minnesota and attended Ma...

Geithner Says Strong Dollar ‘Very Important’...

Geithner opines: “I believe deeply that it’s very important to the United States, to the economic health of the United...

Forget Trend Following…”Survival Seed Bank!”

I spit out my drink over this one: You don’t have to be an Old Testament prophet to see what’s going on all around us. A belligere...

Review of “Trend Following”

An October 2009 review of my 2009 edition of ‘Trend Following’. ShareThis

Not What You Think, But Well Done!

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Interview

This interview (PDF) with me just came out. It is a good overview of the trend following concept. ShareThis

Cannibal Capitalism

A nice cartoon posted at Ritholtz.com. ShareThis

Up and Down with the Fed Funds Rate

Some thoughts about the Fed Funds rate: Fed Funds rate 5.50% on Nov 15, 1994. Stock market takes off. Fed Funds rate 4.75% on Nov...

Advice on Breaking into Trend Following Firms

An email in today: My name is [name] and I am currently a senior at Washington and Lee University in Lexington, VA. I became inter...

Why Jamie Dimon Wants to Silence Paul Volcker

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The Uncomfortable Dance Between V’ers and U’e...

This is an extremely well thought out view from Paul McCulley at PIMCO. He is a fundamental guy who knows behavioral finance (read...

Course Questions

A reader from Russia asks: Can you tell me how long the training course would normally take to complete and begin trading? Everyon...

Which One First?

A Facebook friend of mine just asked me: Which [of your] books should I read first? Trend Following or TurtleTrader? I am already...

“Stupid Is As Stupid Does”

Forrest Gump had a great film line years back: “Stupid is as stupid does.” That brings me to the last 24 hours. I rece...

Mathematical Expectation in Trading Systems

From Michael Martin: Here is a brief lesson in how mathematical expectation works. On the roulette wheel there are 36 numbers, dou...

Why Bother Analyzing Companies?

An interesting article: For more than a year now, fundamental analysis of companies has been a waste of time. Stocks have traded a...

Secrets, Secrets, Secrets

Too many want the “secret” to making money. I think the word “secret” is sh**. Both publishers of my two b...

Wisdom Compared

A great line from famed trend follower Larry Hite: “Life is nothing more than a series of bets and bets are really nothing m...

Entrepreneurs Know Its Time to Preserve

This post brought in this comment: So where are the entrepreneurs that were supposed to ride to the rescue? We’re 2 yrs into this...

Michael Covel Business Philosophy

Someone asked about my business philosophies recently. In no particular order here are several original principles developed along...

Think About It

Winners are those with the best ideas. Small ideas are worth a small sum, and big ideas are priceless. Ideas that make money cost...

Indicator Fascination

Neal T. Weintraub had a great line: “You will run out of money before a guru runs out of indicators…” Meaning, d...

“Attention Sheep, It Will Be Fine” (Said in S...

From the wires today: Standing in the White House Rose Garden a few hours after the government reported that the jobless rate hit...

Brazil Speech Video Excerpt

SHARETHIS.addEntry({ title: "Brazil Speech Video Excerpt", url: "http://www.michaelcovel.com/2009/11/05/brazil-speech-video-excerp...

Another Reason Trend Following Excels

A great quotation that I originally put in my book “Trend Following”: “Human beings never think for themselves,...

The PhD Debate: I Am Not Buying!

This comment made me respond this morning. I know very few people who work for the “man” who become the “manR...

Inspiration from Top Traders

Feedback in from a client: I’ve been re-watching the DVDs and I have to say the Kevin Bruce one is my favorite. The guy was...

Soylent Green Is People

Shout out to Gibbons Burke. SHARETHIS.addEntry({ title: "Soylent Green Is People", url: "http://www.michaelcovel.com/2009/11/04/so...

Do I Need a PhD to Be a Trend Follower? Not E...

This post brought in this feedback: I am currently studying at University, doing a double degree in Economics and Finance. With hi...

Turtle Jerry Parker: Happy About Virginia Pol...

Turtle Jerry Parker is often considered the largest contributor to Republican politics in the State of Virginia. He must be very h...

Howard Lederer: On Poker and Trading

This is a longer 8 minute plus interview excerpt that I have never posted before. How many great lines does Howard Lederer throw o...

This Is Insane

I caught this line this morning: Professor Black says Tim Geithner’s plan includes a secret list of institutions that are to...

Michael Covel Market Wizard DVDs

Feedback in on our DVDs: Hi Michael, I was very happy to hear about these new DVD’s on Both Larry Hite and Charles Faulkner...

Striker Securities Film Review

William Gallwas of Striker forwarded over their review of my film Broke. SHARETHIS.addEntry({ title: "Striker Securities Film Revi...

Trading 101: Ask Yourself Some Questions

Trading 101: ask yourself some questions: What can you win? What can you lose? What do you know? What don’t you know? Why ar...

F*** GS

Nice, eh? SHARETHIS.addEntry({ title: "F*** GS", url: "http://www.michaelcovel.com/2009/11/02/f-gs/" });

Geithner Is Incompetent!

SHARETHIS.addEntry({ title: "Geithner Is Incompetent!", url: "http://www.michaelcovel.com/2009/11/02/geithner-is-incompetent/" });

Come On CNBC, I Dare You, Put Me On

Cramer does it again with CIT call? Nothing new there. CNBC doesn’t have the balls to have someone like me on. Their whole g...

High Heating Oil Bills? New Oil Trading Rules...

Government suits equal idiots. Michael Martin (in my film) responds correctly in the article: “Speculators exist so industri...

Ego v. Business

A nice reminder: Trading can be mastered if you concentrate your efforts on how you will react to price rather than desiring to pr...

Ed Seykota’s Whipsaw Song Redux

It has been a while since I posted this: SHARETHIS.addEntry({ title: "Ed Seykota’s Whipsaw Song Redux", url: "http://www.mi...

Laying Down Asphalt: The Government’s Idea of...

I caught this in the AP today: WASHINGTON (AP) — Many communities hit hardest by job losses, those built around dying factor...

‘Broke’ Film DVD Images

The designer of my DVD case and ’sheep’ imagery recently posted some nice pictures: One Two A cropped image (full imag...

A Sign Markets Are Working?

$1. SHARETHIS.addEntry({ title: "A Sign Markets Are Working?", url: "http://www.michaelcovel.com/2009/10/31/a-sign-markets-are-wor...

“What We Have Got Here is Failure to Communic...

I saw someone this morning posting that asset bubbles (read: real estate and stocks) could have been prevented if we had more regu...

Top Female Trend Follower: Leda Braga of Blue...

A fund manager (and client) writes me from Brazil: Hi Michael. you ever heard about Leda Braga? She is a Brazilian trend follower...

Russian Version of “The Complete TurtleTrader...

The Russian version of “The Complete TurtleTrader” is available here. Any chance one of my Russian speaking friends ca...

Your Trading Edge Cover Article

The new edition of Your Tradig Edge (Australia) has a front cover interview with me: Full size. SHARETHIS.addEntry({ title: "Your...

Trading Course Question

A question in today: Dear Michael, about 4 1/2 years ago I was preparing for an interview with [very famous trend following trader...

Midnight Candles

Bill Gross writes: Investors must recognize that if assets appreciate with nominal GDP, a 4–5% return is about all they can expec...

Differences in Trading Courses?

A question came in today to me on Facebook: I have been looking [at] your…website and there seems to be a number of differen...

AP’s Tim Paradis Back to Fantasy Island!

Every time I see a crazy headline its the same AP author: Stocks fall as new home sales post surprise drop of 3.6 percent for Sept...

Charles Faulkner and Larry Hite: Market Wizar...

Larry Hite and Charles Faulkner were both profiled in Jack Schwager’s Market Wizards series years back. Over the last two da...

A Man of Few Words!

I received a Linkedin request yesterday seeking to connect that also said this: Bought the TTC few years ago. Now managing million...

Why Do We Have to Save the U.S. Stock Market?

Everything done today by U.S. political goons is all about one thing — prop up the stock market no matter what. Dollar down?...

Larry Hite on “Blocks”

Today I re-watched an interview with legendary trader Larry Hite that we shot. He opens his interview in the most self-deprecating...

No Way Covel! Yes, Way!

I saw this: This actually would be my one and only criticism of Covel. He makes it sound like ANYBODY can successfully create and...

Criticism of “The Complete TurtleTrader”

I caught some criticism of “The Complete TurtleTrader” recently that was worth responding to. People should keep in mi...

Said with A Straight Face

I caught this tonight. An excerpt: The San Francisco metro area has seen its home values drop by a quarter, and the city still has...

Net Neutrality, Fairness Doctrine and Insanit...

I don’t know exactly what “Net Neutrality” or the “Fairness Doctrine” means, but I do know in simple...

Pay Czar Cracks Down; Start Marching Kids!

Forget capitalism debates, the government types already won: SHARETHIS.addEntry({ title: "Pay Czar Cracks Down; Start Marching Ki...

Does Trend Following Work on Stocks? Part II

Eric Crittenden of Blackstar Funds, LLC passed emailed me some new research today titled “Does Trend Following Work on Stock...

Covel FOX Business Interview

Part 1: Part 2: SHARETHIS.addEntry({ title: "Covel FOX Business Interview", url: "http://www.michaelcovel.com/2009/10/22/covel-f...

The Dumbest Analysis Yet

Why has the Dollar dropped? For many reasons, but not because of Matt Drudge. SHARETHIS.addEntry({ title: "The Dumbest Analysis Ye...

Covel FOX Business Interview

I am encoding/editing the video to post shortly. SHARETHIS.addEntry({ title: "Covel FOX Business Interview", url: "http://www.mic...

Homes: About to Get Much Cheaper

This ain’t good if true: If you thought home prices were bottoming out, you may be wrong. They’re expected to head a l...

Thin Line Separates Insider Trading and Resea...

I caught this tonight: The most precious commodity on Wall Street is information, and savvy players will do almost anything for it...

Trend Following Charts

Chart 1 Chart 2 Chart 3 Chart 4 Chart 5 Chart 6 Chart 7 Chart 8 Chart 9 Chart 10 Chart 11 Chart 12 Chart 13 Chart 14 Chart 15 Char...

Current Market Boom “Can’t Be Trusted”

SHARETHIS.addEntry({ title: "Current Market Boom “Can’t Be Trusted”", url: "http://www.michaelcovel.com/2009/10/...

Niall Ferguson: U.S. Empire in Decline, on Co...

SHARETHIS.addEntry({ title: "Niall Ferguson: U.S. Empire in Decline, on Collision Course with China", url: "http://www.michaelcove...

Connect with Me on Facebook

In my infinite wisdom I learned last week that my “adding new friends” to Facebook was turned off! If you want to join...

A New Trader

Feedback in from the UK: Dear Michael, I wanted to share the performance figures from my trend trading system with you and to than...

Making A Film: The ‘Crude’ Feedback

Making a documentary film is an interesting process. You interview people and then head to the editing room. In some ways I felt f...

Tim Paradis: Nonsensical Writing

Tim Paradis is an AP Business Writer. Today he writes: NEW YORK (AP) — The stock market’s bulls are slowing their char...

Site Changes

Slowly working through site changes across this blog, TurtleTrader.com and TrendFollowing.com. Hope to have all done and kinks wor...

Prediction Nonsense! No One Knows!

“The Harvest Mode?” Give me a freaking break: SHARETHIS.addEntry({ title: "Prediction Nonsense! No One Knows!", url:...

Ludwig von Mises Institute Running Michael Mo...

Mises.org is running my review of Michael Moore’s film front page now. SHARETHIS.addEntry({ title: "Ludwig von Mises Institu...

Another Sign that Kool-Aid Tastes Good!

This is positive right? WASHINGTON (AP) — Lenders are ramping up efforts to avoid home foreclosures, but a report by bank re...

You Don’t Have $100…

From the ‘USA Today’: You don’t have $100 to buy groceries. Which would cost you more? A.) Taking out a payday l...

Daily Speculations Posts My Review

Shout out to Victor Niederhoffer for posting my review of Michael Moore’s new film. SHARETHIS.addEntry({ title: "Daily Specu...

“Broke” Review at Mises.org

Jeff Tucker reviews “Broke” at Mises.org. SHARETHIS.addEntry({ title: "“Broke” Review at Mises.org", url:...

The Turtles Were “Taught”

John B. Watson, psychologist, and founder of “Behaviorism” once offered: “Men are built, not born. Give me the b...

The Need for a Sell Discipline: Blackstar Fun...

Eric Crittenden, Research Director for Blackstar Funds, LLC, offered some new research stating: The non-random behavior of declini...

Whistling in the Wind

Obama is speaking now. He just said something about eliminating boom/bust cycles along with eliminating future economic meltdowns....

And Now for the Other Side!

SHARETHIS.addEntry({ title: "And Now for the Other Side!", url: "http://www.michaelcovel.com/2009/09/25/and-now-for-the-other-side...

Dollar Fun

SHARETHIS.addEntry({ title: "Dollar Fun", url: "http://www.michaelcovel.com/2009/09/25/dollar-fun/" });

Michael Moore Kills Capitalism With Kool-Aid

This is my review of Michael Moore’s new film appearing today. Shout out to The Daily Reckoning for publishing it: *** A fri...

First 75 Seconds of This, How Do You Argue?

SHARETHIS.addEntry({ title: "First 75 Seconds of This, How Do You Argue?", url: "http://www.michaelcovel.com/2009/09/24/first-75-s...

The Trend Equals Friend

Some comments of mine yesterday at Barrons: Investors are now faced with a dilemma. It is difficult to put new money to work after...

Market Wizard DVDs Available

Recently, I updated and added many new products including three (3) new Market Wizard DVDs (1, 2, 3). The DVDs are least expensive...

My Review of Michael Moore’s New Film

My review of Michael Moore’s new film looks to appear in The Daily Reckoning tomorrow….should reach a few people! SHAR...

Marc Faber Doom and Gloom!

SHARETHIS.addEntry({ title: "Marc Faber Doom and Gloom!", url: "http://www.michaelcovel.com/2009/09/22/marc-faber-doom-and-gloom/"...

Fidelity Investments Thinks You Are A Dumb As...

How else I can I phrase a commercial that tells investors to not think and follow the green line? SHARETHIS.addEntry({ title: "Fi...

Bailouts for Newspapers! Of Course!

For the guy who posted today lamenting just about everything…this is not the kind of opportunity I was talking about. Bailin...

Speculation: Not Evil

I came across the following comment by a film critic who had viewed the trailer for Broke, but who had not yet seen my film: Inves...

Dirty Government in Action

SHARETHIS.addEntry({ title: "Dirty Government in Action", url: "http://www.michaelcovel.com/2009/09/18/dirty-government-in-action/...

A Success Story of Discipline; Making Money

Feedback in tonight: Michael, I just wanted to say thanks for all you do. My brother read your book back in 2005 and gave it to me...

The Ending of Michael Moore’s New Film

Moore’s film ends with recently uncovered video of FDR saying this on January 11, 1944: We have come to a clear realization...

Michael Moore Screening Today

I am going to a screening for Michael Moore’s new film tonight in LA. Q&A after the film with Huffington moderating. I h...

Maria Bartiromo Rationalizes Her Exit from Fi...

I still find that voice mail bizarre. Forget her not showing up, who cares. But her rationalization of why she canceled is the in...

Let Me Get This Straight

A year ago Ben says Depression is on the doorstep. Now he says: WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke said...

James Galbraith Opines

From Yahoo & James Galbraith: A rising deficit “played a constructive role” in stabilizing the economy and was &#...

George Costanza on Risk Management

SHARETHIS.addEntry({ title: "George Costanza on Risk Management", url: "http://www.michaelcovel.com/2009/09/13/george-constanza-on...

New Store

Today I launched my new store along with several new products. I have a feeling the new DVD interviews will be of interest to all...

Risk Brings Risk

SHARETHIS.addEntry({ title: "Risk Brings Risk", url: "http://www.michaelcovel.com/2009/09/12/risk-brings-risk/" });

9/11

The Dow was roughly the same on 9/11/01 as it is today. Maybe the buy and holders take solace in that? At least they have not lost...

Trend Following Mention

Recent mention in Futures Magazine. SHARETHIS.addEntry({ title: "Trend Following Mention", url: "http://www.michaelcovel.com/2009/...

Lehman Debate

SHARETHIS.addEntry({ title: "Lehman Debate", url: "http://www.michaelcovel.com/2009/09/11/lehman-debate/" });

Jobs, Jobs, Jobs

This article definitely takes a certain political and economic bent (read: predictions), and I have no idea how all will shake out...

Gold Bugs

I just heard a “gold” commercial. It said essentially: Buy gold now..it has never gone to zero…some experts on C...

Money Management Article

A good reminder about money management (PDF). SHARETHIS.addEntry({ title: "Money Management Article", url: "http://www.michaelcove...

Striker Report Interview with John Gallwas

John Gallwas recently interviewed me for his Striker Report. SHARETHIS.addEntry({ title: "Striker Report Interview with John Gallw...

Another Financial Crisis Inevitable

From Reuters: LONDON (Reuters) - Another global financial crisis is inevitable because human nature always reverts to “specu...

Starting Out

Feedback in from Switzerland: Michael, I’m a working in financial services for 7 years now and have insights to many, very d...

Musical Chairs!

I caught this comment from a top Chinese official today: “Credit in China is too loose. We have a bubble in the housing mark...

“Capitalism Is Evil,” Says New Michael Moore...

From Reuters: VENICE (Reuters) - Capitalism is evil. That is the conclusion U.S. documentary maker Michael Moore comes to in his l...

A Labor Day Question

In the nineties we had the dot com bubble. Jobs doing dot com this and dot com that were everywhere. Boom. Gone. Then real estate....

Aprenda com os grandes traders como investir...

Some press and video press of my visit to Brazil. Aprenda com os grandes traders como investir em renda variável @ Yahoo! Video SH...

Marty Mapes Reviews “Broke” & Defends Buy and...

This review of my film “Broke” was forwarded to me today. I love this review as it is a fantastic teachable moment. Re...

People Wonder Why We Have “Bubbles”

I don’t! SHARETHIS.addEntry({ title: "People Wonder Why We Have “Bubbles”", url: "http://www.michaelcovel.com/20...

Sin of Omission

SHARETHIS.addEntry({ title: "Sin of Omission", url: "http://www.michaelcovel.com/2009/09/02/sin-of-omission/" });

Black Swans, Bill Dunn and Following the Tren...

A good read (PDF) that mentions Black Swans, Bill Dunn, and following the trend. SHARETHIS.addEntry({ title: "Black Swans, Bill Du...

Ajay Jani “Trend Following” Review in MTA

Ajay Jani reviews the newest edition of “Trend Following” at the Market Technicians Association. SHARETHIS.addEntry({...

Robert Kiyosaki: Preparing for the Worst

I caught Robert Kiyosaki’s article tonight called Preparing for the Worst. An excerpt: “Is the crisis over?” is...

Convincing Skeptics!

Some feedback in today: Hi Michael, Hope all is well and you are enjoying your summer. I have a quick question for you. I was expl...

Is Covel A Hypocrite?

After my presentation in Brazil I received many questions. One in particular stood out for me. After the audience of 600 had just...

57% Would Vote to Unseat Congress?

Apparently, 57% of U.S. voters would vote to to unseat Congress. Are these the same people who are 100% long mutual funds and beli...

Brazil Presentation

I hope to post my presentation today in Brazil soon! SHARETHIS.addEntry({ title: "Brazil Presentation", url: "http://www.michaelco...

Who to Believe!

SHARETHIS.addEntry({ title: "Who to Believe!", url: "http://www.michaelcovel.com/2009/08/28/who-to-believe/" });

Government Emergency Control of the Internet?...

You have to be kidding me. This is nuts.

Felix Sim Review of “Broke”

Read review.

Louis-Vincent Gave on China

Louis-Vincent Gave gave a presentation today in Brazil on China. He laid out all of the complicated fundamentals on where China is...

Lipstick on That Pig

Who Do You Believe? Believe the Trend, Until...

Brazil Travel

I have had the good fortune to travel across both Europe and Asia to many different countries and cities. Today, landing in Brazil...

My Point on GS

Lindzon makes my “complaining” point on Goldman:

Dated? No.

Another film review came in today. I am glad the reviewer sees the big picture points of the film, but I have a quibble that may b...

Book Reviews by Howard Getson

A review of my books by Howard Getson.

Goldman Doesn’t Have That Pristine Image Anym...

I don’t like it that Goldman is getting freebies (with the bailout being the biggie), but complaining nonstop when we all on...

Good News, Bad News

Crazies to Left and Crazies to the Right of M...

This is an article of mine that appeared recently. Here is some feedback I saw on another forum about the article: As with most TA...

Michael Moore’s Love Story

Film Feedback

From a reader: Mike: I have now had the pleasure of watching “Broke” three times. I seem to gain more understanding of...

Efficient Market Bullshit

I love it when people tell me the trend following ‘winners’ are the lucky survivors. In my humble opinion people who t...

Warren Buffet Adds Commentary

Warren Buffett op-ed from The New York Times yesterday. And a video of the same:

Home Crisis Investigation

The Daily Show With Jon Stewart Mon - Thurs 11p / 10c Home Crisis Investigation www.thedailyshow.com Daily Show Ful...

Did Big Government Save Us From A Second Grea...

Kevin Bruce: Silent Trend Following Pioneer

Kevin Bruce is a silent (and very successful) trend following pioneer. Who is he? For those trend following data freaks out there,...

America’s Richest Counties

I still own homes in Fairfax County, Virginia. This county is a suburb of Washington, DC. Consider an excerpt from Forbes: It̵...

Nobel Prize Winner Vernon Smith on Bubbles

Nobel Prize winner Dr. Vernon Smith is in my film Broke. I Interviewed him in his office in Arlington, Virginia. Today, reading a...

Tim Paradis AP Business Writer Has Less Than...

Tim Paradis, apparently an AP business writer, penned this ditty this morning: Investors’ rising fears about consumer spendi...

For Stocks, September May Be the Cruelest Mon...

From the WSJ: September is fewer than three weeks away. Feeling nervous? Maybe you should be. For investors, the period between La...

Rock and Markets

From Victor Niederhoffer’s blog on August 14th: I next attended a Don McLean concert and heard his song American Pie, which...

Efficient Debate

From a reader: Dear Michael, I read both your books. I liked them. One thing I don’t understand is your idea that markets ar...

Death of the Consumer?

Government Solutions?

From the blogs: …in an interview with the Detroit News Monday, Senator Debbie Stabenow (D., Mich.) - recently appointed to t...

Brazil Speaking Engagement

I will be presenting here at the end of the month in Brazil.

A Scary Reality

Bob Herbert writes of a scary reality: no jobs. Consider an excerpt: People can howl all they want about how well the economy is d...

Systematic Trading

From FT: Systematic trading may inherently be guided by the same considerations. But this approach goes about investing in an auto...

“Broke” Reviewed by Glenn Erickson

A nice review of Broke. An excerpt: An astute video essay on the state of financial security these days in the good ol’ Unit...

Asch Conformity Experiments (Read: Sheep)

Why put sheep in my film? Why put sheep on the cover? Consider the Asch conformity experiments:

Mind Games

Some good articles found: • Browsing the internet (article) is better than reading books for boosting the brain power of middle-ag...

Mutual Fund Mistakes? Maybe No One Will Learn...

From new research: Using monkeys, scientists gave the animals the task of looking at two alternating images on a computer screen....

Bad Advice

From the wires: WICHITA, Kan. – Edward Williams is the definition of lucky after winning the lottery for a second time in a year....

Been There, Done That

From Ritholtz.com:

Drop the Leverage & Trouble Follows!

You can’t make trading decisions off of this research, but it is very well stated as an overall macro analysis.

Last Bear Standing

Japan Analysis

Tudor Investment Calls Stock Gain a Bear-Mark...

Paul Tudor Jones might be a multi-billionaire, but I don’t think anyone knows for sure what this market is (article). Richar...

What Is Really “Speculative”?

A nice interchange about my book Trend Following. Read the last two comments especially.

“He Buys Value!” Um, Yeah Right He Does

Breaking down the Buffett bailout ain’t pretty. So was Buffett saved by milking the Federal nipple?

Throwing the Book at Moneyball

Michael Lewis’ book Moneyball was great, but the big market clubs have closed the edge down.

The Queen Has No Clue Either

On how many different levels is this statement idiotic? A British newspaper reported Sunday that a group of eminent economists hav...

Saving The Baby Boom’s Retirement Accounts

What motivates politicians? Staying in office. That’s it. Not to be good people, save the world, fix healthcare, etc. They s...

Richard Russell Opines

From Richard Russell: What are we really doing? Are we dealing with the stock market or are we dealing with the background fundame...

A Trend Is His Friend

From Barrons: AREF KARIM HAS ALWAYS BEEN DRAWN TO ART that’s clean and simple: the paintings of Mark Rothko, the poetry of P...

Top Performance

Top trading performance (PDF) over the last decade. Trend following names a plenty!

Bailout Nation

Barry Ritholtz’s new book Bailout Nation has a nice review in The New York Times today. Ritholtz has some of the best one li...

Is Goldman Sachs Evil? Or Just Too Good?

Inside Goldman Sachs, America’s most successful, cynical, envied, despised, and (in its view, anyway) misunderstood engine o...