Archive | April, 2009

April 7, 2009

Global Market Comments April 7, 2009 Featured Trades: (VIX), (SPX) 1) Today I spoke to my old Morgan Stanley boss , Barton Biggs, who is so bullish that he believes we are only one third to one half of the way through the current stock market rally. Barton, voted best international strategist for seven years, […]

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April 6, 2009

Global Market Comments April 6, 2006 Featured Trades: (CHINA), (CRUDE), ($WTIC) 1) Deutsche Bank's former banking analyst Michael Mayo sucker punched the market today, putting out a report ominously entitled 'The Seven Deadly Sins of Banking' listing all 11 major banks as 'underperforms' or 'sells'.  Talk about closing the gate after the horses have bolted. […]

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April 2, 2009

Global Market Comments for April 2, 2009 Featured Trades: (LITHIUM), (SQM), (AMTD), (SCHW), (SWIM) 1) See? All it takes was a little accounting rule change, and Great Depression II will go away. At least that's what the stock market thought today, surging 300 points and blasting through 8,000 in the Dow, up 26% from its […]

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April 1, 2009

Global Market Comments for April 1, 2009 Featured Trades: (COPPER), (GOLD), (TM), (YEN) 1) The March ADP private sector employment report was diabolical once again, showing a loss of 742,000 jobs, the worst monthly showing in history. Boy, am I getting sick of saying 'worse than expected'. To add insult to injury, February was revised […]

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