Tuesday, October 18, 2016

Book Review: Reminiscences of A Stock Operator

This may be the best book ever written about trading stocks. Sure, it was written a hundred years or so ago, but the market behaves very similarly today. 

Jesse Livermore made millions in the glory years of early 20th century stock trading. He DID NOT use inside information either - just tape reading (the record of price movement).

Here's some major takeaways from the book:

1. Learn to read a chart (book doesn't discuss chart reading, just advises you to learn it)
2. Learn to trust your instincts, read the chart and ignore hot tips.
3. Learn that the market forms ideas that it is slow to abandon.
4. Learn to trade current events
5. Learn to recognize deceptive tricks (And this book has a lot of classic examples that still get used today!)

Wonderful writing really gives you a sense of early 20th century stock plungers: the bucket shops, the trips to Florida for fishing, catching the train, going broke in Boston and starting over in Cleveland, the crusty characters at the local stock brokerages and more. 

Tuesday, October 11, 2016

New Marketline Video

I made a new video about getting market share, size, and company/brand shares in Marketline.

Thursday, October 6, 2016

Texas Exports

See specifically what Texas exports and to where. You can search by industry and where the products end up.
Exports by metropolitan area.

Also check out our database USA TRADEONLINE (available only in the library unfortunately).

Economic Indicator Links

These sites are where you need to go to find the unemployment rate, consumer price index (CPI), number of housing starts, what people are spending, retail sales, and so on.

Well, you can get deeper. Read the agency name below to get an idea of what to expect there (labor statistics have such data as income, employment, etc...)

Bureau of Economic Analysis
Bureau of Labor Statistics
National Bureau of Economic Research's Economic Indicators (Awesome)
U.S. Census Bureau Economic Indicators (Also Awesome)
Fed Data on Money Flow and Supply 

You can also use our handy database Economagic. But the above links will work just fine for most projects.

Thursday, September 29, 2016

Helping You Analyze Simply Map And Other Economic Demographic Data

Enrico Moretti's The New Geography Of Jobs can help you understand the significance of demographic and economic data like you would find a database like Simply Map.

Wednesday, September 21, 2016

Orbis Tutorial 2: Creating Your Custom Search

In this tutorial, learn to do custom searches in Orbis. Find companies by financial data, geography, ratios, industry and more.

Financial Ratios Resources

Ratio books give industry averages for costs, profitability, inventory and other measurements. Find out what to expect and how to measure yourself.


eStatement Studies - Online version of RMA Annual Statement Studies. More on this database here.


All current ratio book are located on the Reference Business Table on the third floor
Almanac of Business and Industrial Financial Ratios.
Annual Statments Studies (Robert Morris and Associates)
Industry Norms and Key Business Ratios

Find an Individual Company's Specific Ratios

Use Mergent to see an individual company's ratios. Once you get to Mergent, do a company search, then click financials and you'll see Ratios.