Archive | February, 2011

February 28, 2011 – My Take on the Euro

Featured Trades: (MY TAKE ON THE EURO), (FXE), (SPY)   1) My Take on the Euro. Entering 2011 as the currency that everyone loved to hate, the Euro has staged a dramatic comeback, much to the chagrin of hedge fund managers and traders alike. Since January, the troubled currency has rallied ten cents from $1.28 […]

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February 28, 2011 – Who the Oil Crisis Hurts Most

Featured Trades: (WHO THE OIL CRISIS HURTS MOST)   2) Who the Oil Crisis Hurts Most. Every time the price of oil spikes, we learn vast amounts of information about the global reach of this indispensable commodity. It's like taking a non-core elective in geology at college. So I was fascinated when I found the […]

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February 28, 2011 – Goldcorp Coins it in the Gold Trade

Featured Trades: (GOLDCORP COINS IT IN THE GOLD TRADE)   3) Goldcorp Coins it in the Gold Trade. I managed to touch base with Canadian miner Goldcorp’s CEO, Charles Jeannes, who’s stock I have been shamelessly pushing for the last three years (click here). When I last spoke to him two and a half years […]

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February 28, 2011 – Quote of the Day

'He who lives upon hope will die fasting,' said Benjamin Franklin.

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February 25, 2011 – My Victory Lap on Oil

(SPECIAL $100 OIL ISSUE) Featured Trades: (MY VICTORY LAP ON OIL)   2) My Victory Lap on Oil. One of the boldest predictions that I made in my January 6 asset class forecast for 2011 was that oil would soon hit $100/barrel (click here for the link). My precise words were ‘Probably $30 of the […]

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February 25, 2011 – The True Cost of Oil

(SPECIAL $100 OIL ISSUE) Featured Trades: (THE TRUE COST OF OIL)   3) The True Cost of Oil. I received some questions on my recent solar pieces as to whether I minded paying more money for ‘green’ power. My answer is ‘hell no,’ and I’ll tell you why. My annual electric bill comes to $1,500 […]

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February 24, 2011 – The True Cost of High Oil

Featured Trades: (THE TRUE COST OF HIGH OIL), (OIL), (USO) 1) The True Cost of High Oil. Economists are furiously downsizing their economic growth forecasts for 2011 in the wake of the oil price spike, both for the US and for the world at large. Since last week, West Texas crude prices have soared $12 […]

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February 24, 2011 – How Far Will the Market Fall?

Featured Trades: (HOW FAR WILL THE MARKETS FALL?), (VIX), (SPX), (SPY)   2) How Far Will the Market Fall? Now that we are solidly in 'RISK OFF' mode, traders, managers, and investors are asking how much downside we are looking at. It is safe to say that those who were piling on longs with reckless […]

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February 24, 2011 – Quote of the Day

'China has been doing everything right for the last ten years. Our government is made up of 'C' students that were political science majors, whereas, the Chinese government is made up of PhD's that were educated at Cambridge and Harvard,' said one Washington observer.

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February 23, 2011 – The Mad Hedge Fund Trader’s April 28 Phoenix Luncheon

Featured Trades: (PHOENIX STRATEGY LUNCHEON)   1) The Mad Hedge Fund Trader’s April 28 Phoenix Luncheon. Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Phoenix, Arizona on Thursday, April 28, 2011. A three course lunch will be followed by a 45 minute PowerPoint […]

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February 23, 2011 – The S&P 500 is Cruising for a Bruising

Featured Trades: (S&P 500 IS CRUISING FOR A BRUISING)   2) The S&P 500 is Cruising for a Bruising.  How overbought is the stock market? My friends at the Bespoke Investment Group produced this chart of the S&P 500 showing that it has remained in nosebleed territory for nearly six months now, except for a […]

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February 23, 2011 – A Buying Opportunity is Setting Up for the Ags

Featured Trades: (BUY THE DIP IN THE AGS), (DBA), (CORN), (MOS), (POT), (AGU), (ANDE), (CPO)   3) A Buying Opportunity is Setting Up for the Ags. In January, I wimped out of my hefty long position in the grain ETF (JJG), hoping to sidestep a potential sell off going into a dreaded US Department of […]

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February 23, 2011- Quote of the Day

'Right now, the US is the best looking horse in the glue factory,' said Erskine Bowles, co-chair of the National Commission on Fiscal Responsibility and Reform

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February 22, 2011 – The Resurrection of Peak Oil

(SPECIAL PEAK OIL ISSUE) Featured Trades: (XOM), (BP), (COP), (OXY), (OIH), (DIG), (USO) 1) The Resurrection of Peak Oil. It has been a long wait for ‘peak oilers,’ whose passionate belief is that the world will run out of oil in coming years, sending prices through the roof. This splinter religion came into being in […]

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February 21, 2011 – Reflections on Morgan Stanley's 75th Anniversary

Featured Trades: (MORGAN STANLEY), (MS)   1) Reflections on Morgan Stanley's 75th Anniversary. The three elder statesmen I saw on TV ringing the opening bell at the NYSE couldn't have been more representative of the evolution of Morgan Stanley (MS) over the past three quarters of a century. When I joined just after the 35th […]

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