David Skarica's new book the Great Supercycle released by John Wiley and Sons is now available for purchase at Amazon.com. The book is expected to be in stores across the United States within a week, but is now available for advance order from Amazon with a nice discount off of its cover price.

This is a neat video with Dave Skarica and Victor Riesco in Chile. Dave traveled to Chile and spoke at an investment conference that Victor put on for his clients.

There are three things I believe you must first grasp when it comes to beginner investing are these stock trading basics. In fact if you don’t take these concepts and apply them I believe it will be almost impossible to become a master stock trader.

1)Be a Contrarian Who Takes Money from the Crowd

I believe the stock market is now overbought, although I do not think it is about to have any big correction over the short-term. In fact I don't think we'll see one start for at least another 3-6 weeks.

I talked to Victor Riesco of GlobalTrader.Cl and Dave Skarica today about the stock market and their views on it.

Here is something neat, Michael Lewis who wrote Liar's Poker, The Blind Side, and Moneyball is coming out with a book about the financial collapse of 2008.

Today Dave Skarica and I give an update on the stock market and gold stocks and what we think they are going to do over the next few weeks.

Both of us are positive on the market for the next 4-6 weeks, but I'm a little bit more cautious about it after that than he is.

We also talk about the dollar and the euro - I'm long the euro right now!

To listen you can use this player:

Today Dave Skarica and I give an update on the stock market and what we think it is going to do over the next few weeks. We also discuss international investing and Dave's newsletter.

Today Dave Skarica and I give an update on the stock market and what we think it is going to do over the next few weeks. We also discuss international investing and Dave's newsletter.

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We've had some big winning Wall Street investor picks lately. Our recommendation from last week is already up over 20% and it still has much more room to run. One subscriber to my free weekly stock picks newsletter sent me a neat note over the weekend. Doug Allen wrote, "I have to congratulate you guys.