Archive | June, 2009

June 9, 2009

Global Market Comments June 9, 2009 Featured Trades: (TBT), (CRUDE), ($WTIC) 1) Get me out of oil! I love a core long position in this commodity, and expect it to hit $200 before I join the AARP. But we have really gone too far, too fast, and are seriously in overshoot territory. Industry traders have […]

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June 8, 2009

Global Market Comments June 8, 2009 Featured Trades: (VIETNAM), (BIDU), (SOHU), (NTES), (SINA), (GOLD) 1) If you think that the place where China does its offshoring would be a great investment, you'd be right. Vietnam has been one of the top performing stock markets this year, its index rising by an amazing 85%.  It was […]

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June 3, 2009

Global Market Comments June 3, 2009 Featured Trades: (C), (BAC), (MS), (GS), (JPM), (LUMBER) 1) For me it's déjà vu all over again. When I traded the Nikkei during the nineties, every market rally was capped by a predictable flood of new equity issuance by cash starved, undercapitalized Japanese banks. It sucked the life out […]

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June 2, 2009

Global Market Comments June 2, 2009 Featured Trades: (SILVER), (NATURAL GAS), (GM) 1) The big thing for me yesterday was the long awaited (well, maybe not so long) upside breakout in silver to a new six months high of $16.00, up 95% from the October lows. Please see my warning of the impending move at. […]

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June 1, 2009

Global Market Comments June 1, 2009 Featured Trades: (CRB), (GOLD), (CRUDE), (SILVER), (MEE), (FCX), (MSFT), (ORCL), (INTC), (CSCO) 1) If you have been aggressively long commodities of every size, shape, color, and flavor, as I have been all year, then you just had one of the best trading months of your career. The CRB index […]

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