Weekend Reading: It’s Earnings Season! Again.

by Darwin on July 22, 2010

I crack up each time earnings season rolls around and the talking heads on CNBC say, “It’s the most important earnings season in years – this is a pivotal point in the stock market, tune in”.  Either they say this a lot or I just happen to tune in when they’re saying it, but they claim that each earnings season is the most important in years – EVERY QUARTER.  I guess it wouldn’t sit well with the network executives if they yawned and said that the earnings in 2008 and 2009 were actually much more pivotal than this quarter’s since we’re no longer on the brink of economic Armageddon, but I wish the world were full of less BS once in a while.

So, within my holdings, Apple (AAPL) crushed earnings and I made over 200% in a single day playing their earnings, Chipotle (CMG) knocked it out of the park.  Meanwhile (I don’t only brag about wins), I got toasted on Netflix (NFLX) and Amazon (AMZN).  Baidu…so-so.  With that backdrop, here were my favorite reads from the web in the past couple weeks as well as articles I wrote that you may enjoy:

Personal Finance/Economy:

Lazy Man and MoneyStealing Cars in Oakland (gotta love the police union, so see what happens when you outsource an entire force.  The Sky Doesn’t Fall [ by The Mish])

Fraud FilesUFirst Sinking? Told You So, Time and Time Again. Scammy MLMs don’t last.

Simple Financial LifestyleSimplify your Mortgage Refinance

Five Cent Nickel Planning for your Demise

Shoutout to the Yakezie:

Financial Samurai Thinking of Buying or Selling a Blog? Great Guest post

Wealth Pilgrim Disability Insurance for Self Employed People

Budgeting in the Fun Stuff Teachers beating up on Evan again LOL! I’d posted something defending my wife’s job that people don’t respect (In Defense of Teachers), well, actually just pointing out that it’s unions in general to be annoyed about, but teachers seem to take the brunt of the gripes.

My Journey to Millions – When Evan’s found some time to take away from his teacher-beating, he shared some Past Financial Bubbles. Fun Read!

Centsible Life – All Parents Should Read about How Easy it is for your child to drown

Free From Broke – Dollar Cost Averaging

My Stuff:

Damn, my fingers hurt after all these posts the past 2 weeks.  Hope you enjoyed!

{ 3 comments… read them below or add one }

Budgeting in the Fun Stuff July 23, 2010 at 12:09 am

Yep, it’s beat up on Evan week, lol. Thanks for the link love! Evan, I’ll make sure that my next link to your site is for a different reason than venting. 🙂


Financial Samurai July 23, 2010 at 1:53 am

Becky Quick or whatever her name is in the picture is nice. But even she is someone who can’t make me watch the incessant noise that is CNBC.


Craig July 23, 2010 at 9:17 am

Yeah, too bad my entire portfolio isn’t Apple right now.


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