Ever thought that one monitor just wasn’t cutting the workload? Computer desktop space is critical for success and in an investor’s world there is never enough monitors for trading, never! But, then again you could just hook up six 24″ LCD monitors together with two laptops…

Tomorrow the real GDP numbers are set to be released, with the going estimate being -.5%. The well-known standard states that two quarters of negative GDP equals an official recession (others disagree).  While things are bad now, the pinch on consumer spending is being taken one step further; credit cards are going bye bye.

With three trading days remaining, I will be happy to see the month of October pass.  During this month, what had been a bad bear market turned viscous.  At the beginning of October the Dow Jones Industrial Average (Dow) was 18.2% lower for the calendar year and 23.4% below the peak of 14,164 achieved in [...]

I was lucky enough to receive a early copy of Steve Pavlina’s new book, Personal Development for Smart People before it was released to the public. Through the book Steve opens the mind to a vast array of thoughts and feelings that allow for dramatic personal growth.

Bear markets are known to bottom about 60% through a standard recession. If investors wait until economic data supports a turn around they typically have already missed a substantial rally. By watching stocks that hold key multi-year support levels investors can get an upper hand buying potential new market leaders early and with confidence.

The market rallied late today to close in the green (less the NASDAQ -.73%) and is still barely holding onto dear life as it tries to keep its support intact. This highly volatile sideways action the last two weeks has in turn created some hard to miss bear flags.

Very important to note that two quarters negative GDP is NOT the best way to judge a recession. Liz Ann Sonders, chief investment strategist at Charles Schwab & Co. pointed this out in an interview today on Tech Ticker which is a must view.

What industry group has recently emerged from the fog? None other than Medical Products. These stocks have been taken interest by institutional investors, and while I am not as inclined to say a new trend is emerging, there are some great stocks to add to a watch list.