Heyer Capital, LLC

investment management and timely advice from a local CPA (Fox Valley, Wisc.)

Archive for the ‘Agriculture’ Category

Two books I can’t put down

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Below are two books that I haven’t been able to put down.  I don’t know if the library will get these back. (Just kidding, Rita.)           If you ever eaten mealy chicken breast that crumbled under your fork, you’ve wondered, “Is there something better than this?”  There is a thriving entrepreneurial industry in raising poultry on pastures instead of confinement, and this book is a ten-year compilation of their industry newsletter. It’s very informative with many pictures and how-to articles.  

Title Raising poultry on pasture : ten years of success
Edition 1st ed. 2006.
Publisher Boyd, WI : American Pastured Poultry Producers Association, 2006.

 Yes, you can learn a lot from a book first written in 1916.   

Title Traditional American farming techniques : a ready reference on all phases of agriculture for farmers of the United States and Canada
Author Gardner, Frank D. (Frank Duane), 1864-1963.   



Written by heyercapital

January 23, 2008 at 8:02 am

Market thoughts

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The downturn the past couple days has given the bears a little to whet their appetite. Toss in some rather high AAII bull poll numbers (contrarian), and we looking at a reversal or failed test of the new highs?

Interestingly, trading volume on these down days has been well below average. Gentle distribution, waiting for a rebound? That goes in the bullish column.

Stocks on the Move list has remained fully populated lately (though the stocks moving up list has several stocks barely making the cut.) Mildly bullish.

Distribution day count is low. Mildly bullish.

IBD 100 and other market leaders getting creamed. Bearish.

Avg market fall between Oct 3 and Nov 6 in years ending in a 7, since 1897: 16%: Bearish.

Commodity markets and China under pressue. Aren’t they the same thing? Bearish.

Volatility (inverse of liquidity) much much lower that the summer swings. Either way.

Credit spreads screaming tighter. Depends if we’re just returning to normal, or throwing cares to the wind and dollars to the bond market.

On balance, we’re near all-time highs (in dollar-denominated prices) and your “worried” level is high and your personal trading desk is a DEFCON 3?

Filter out the noise. Let your prices show you where to lean.

By the way, I’ve closed out my TRAK position, but an up day in an ugly market means I need to stay ready to dive back in. Besides, I need to give you yet another opportunity to laugh at all the money I leave on the table for the other guys.

Written by heyercapital

October 3, 2007 at 3:48 pm