Archive | April, 2010

April 21, 2010 – Quote of the Day

'Today, the average healthy 50 year old woman will live to 92. That's old enough to forget your first husband,' said Sally Krawcheck, president of global wealth management at Bank of America.

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April 20, 2010 – How Long Will the Risk Reversal Last?

(SPECIAL BLACK SWAN ISSUE) Featured Trades: (EVERYTHING) 1) How Long Will the Risk Reversal Last? It looks like May came early this year, as in the ‘sell in May and go away’ variety. The first ‘black swan’ of the year has alighted on the market. The news that the SEC brought civil fraud cases against […]

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April 20, 2010 – What Does the Debacle at Goldman Sachs Mean for Stocks?

(SPECIAL BLACK SWAN ISSUE) Featured Trades: (EVERYTHING) 2) What Does the Debacle at Goldman Sachs Mean for Stocks? I can tell you that the timing of the SEC's GS announcement absolutely reeks, coming on a Friday at a market top, just as the debate about financial regulation has become the business at hand in congress. […]

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April 20, 2010 – What Goldman Sachs Means for Your Portfolio

(SPECIAL BLACK SWAN ISSUE) Featured Trades: (EVERYTHING) 3) What Goldman Sachs Means for Your Portfolio. This is an excellent time for me to remind readers what this letter is all about. I assume that only grownups are acting on the suggestions herein. That means that you are a financial professional or hedge fund manager who […]

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April 20, 2010 – Quote of the Day

'The markets can remain irrational longer than you can remain liquid,' said economist John Maynard Keynes, in my favorite quote.

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April 19, 2010 – Uncle Yen

Featured Trades: (YEN), (YCS), (GS) 1) I have a new rich uncle. His name is Uncle Yen, and he is writing me a big fat check almost every day, enabling me to live my luxurious, in your face lifestyle.¬† Not only have I covered the Citation’s fuel bills for the year, I managed to pay […]

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April 19, 2010 – Technology Earnings Are Powering the Market

Featured Trades: (GOOG), (TM), (TECHNOLOGY STOCKS) 2) Technology Earnings Are Powering the Market. The relentless ascent of the stock market continues to send technical records dropping like flies. The S&P 500 has spent the longest period above the ten day moving average since 1950. The shorts have given up. Technology has been on an absolute […]

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April 19, 2010 – Check Out Chinese Internet Firm Baidu, If You Want to Play at the Deep End

Featured Trades: (BIDU), (GOOG) 3) Check Out Chinese Internet Firm Baidu, If You Want to Play at the Deep End. If you think our tech stocks are hot, take a look at those in China. Baidu (BIDU), one of my core longs, is now up 640% from the 2009 lows, no doubt cashing in on […]

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April 19, 2010 – My Calls Are in to Goldman

Featured Trades: (GS) 4) My Calls Are in to Goldman. The news of the SEC's fraud accusations against Goldman Sachs broke ten minutes ago. I have calls into the vampire squid and want to talk to a few people I know there before I write any more. This has clearly thrown the world financial markets […]

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April 19, 2010 – Quote of the Day

‘The art of taxation consists of so plucking the goose as to obtain the largest¬† amount of feathers with the smallest amount of hissing,’ said Jean-Baptist Colbert, a 17th century French minister of Finance.

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April 16, 2010 – Only One Week Left to Buy Tickets to the April 23 San Francisco Strategy Luncheon

Featured Trades: (SAN FRANCISCO STRATEGY LUNCHEON) 1) Only One Week Left to Buy Tickets to the April 23 San Francisco Strategy Luncheon. A three course lunch will be followed by a 45 minute PowerPoint presentation and a 30 minute question and answer period. I’ll be giving you my up to date view on stocks, bonds, […]

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April 16, 2010 – Obama’s Secret Plan for Economic Revival

Featured Trades: (OBAMA’S BUDGET PLANS), (TBT) 2) Obama’s Secret Plan for Economic Revival. Obama’s strategy to extricate the US from its dire economic straights has been leaking out from Washington over the past few weeks. How does he wean the country off of massive stimulus programs, zero interest rates, and ballooning deficits?¬† The former community […]

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April 16, 2010 – Will Obama Pack the Federal Reserve Board with Doves?

Featured Trades: (OBAMA’S BUDGET PLANS), (TBT) 3) Will Obama Pack the Federal Reserve Board with Doves? There is one decision which Obama has to render soon which no one seems to be focusing on. The president has to appoint three Federal Reserve governors to fill empty seats, the most since President Franklin D. Roosevelt faced […]

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April 16, 2010 – Bubble Rages in the Junk Bond Market

Featured Trades: (JNK), (HYG), (PHB) 4) Bubble Rages in the Junk Bond Market. The junk bond market is entering positively bubblicious territory, tracking the upward ascent of stocks almost step for step. The high yield ETF’s (JNK), (HYG), (PHB) have now nearly doubled since I recommended them a year ago (click here for the call). […]

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August 16, 2010 – Quote of the Day

'I can calculate the motions of heavenly bodies, but never the madness of crowds,' said Sir Isaac Newton, the inventor of calculus and discoverer of Newton's Laws, who lost his entire fortune in a 17th century investment scam called 'the south Sea Bubble.'

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