Archive | March, 2012

Follow Up – (FXY) March 30, 2012

As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price.

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Bidding for the Stars

A few years ago, I went to a charity fund raiser at San Francisco’s priciest jewelry store, Shreve & Co., where the well-heeled men bid for dates with the local high society beauties, dripping in diamonds and Channel No. 5. Well fueled with champagne, I jumped into a spirited bidding war for one of the […]

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The Death of the Mutual Fund

ETF’s are much more attractive than mutual fund competitors, with their notoriously bloated expenses and spendthrift marketing costs. You can’t miss those glitzy, overproduced, big budget ads on TV for a multitude of mutual fund families. You know, the ones with the senior couple holding hands walking down the beach into the sunset, the raging […]

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Coal’s Hatchet Job on Natural Gas

After my year in the White House Press Corps, I vowed never to return, and took a really long shower, hoping to scrub every last spec of prejudice, self-interest, and institutionalized dishonesty off of my battered carcass. But sometimes I see some maneuvering that is so unprincipled, crooked, and against the national interest that I […]

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The “New Normal” Calls for a Lower Market Multiple

I am getting tired of the endless procession of perma bulls who keep insisting that, at a 14 times multiple, the S&P 500 is cheap. The last time I heard this was in 2000, when NASDAQ multiples went from 100 to 50, on their way to 10. Before that, it was in Japan in 1990, […]

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March 30, 2012 – Quote of the Day

“The luckiest person in the world today is the baby being born in the United States. The outlook for this country is fantastic,” said Warren Buffet.

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Trade Alert – (FXY) March 29, 2012

As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price.

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The Final Word on the Volatility Index

The inside story on the collapse of volatility is now out, and as a result, managers are reviewing the harsh lessons learned and tweaking their strategies. It highlights the dangers of buying securities without reading the prospectus and understanding what is under the hood. As investors piled into stocks in February, they also bought downside […]

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Dinner With Nobel Prize Winner Dr. Joseph Stiglitz

The great thing about interviewing Joseph Stiglitz over dinner is that you don’t have to ask any questions. You just turn him on and he spits out one zinger after another. And he does this in a kibitzing, wizened, grandfatherly manner like one would expect from a character that just walked off the set of […]

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March 29, 2012 – Quote of the Day

“Bankers will get away with whatever they can get away with. Our banking system is socially useless,” said an oversight body in the United Kingdom.

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Will Hedge Funds Ruin the Real Estate Market?

Still missing in action from this economic recovery has been the residential real estate market. Everyone who is in the business of selling me a new home assures me that we have hit bottom and things are getting better, including the home builders, real estate agents, and countless local chambers of commerce. Look no further […]

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Buy Toyota Motors as a Cheap Yen Play

Looking for beneficiaries of the coming collapse of the Japanese yen (FXY), (YCS), Toyota Motors (TM) has to be at the very top of your list. A cheaper domestic currency brings a lower cost of production, high foreign sales proceeds, and wider profit margins all the way around. I am probably the only person in […]

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March 28, 2012 – Quote of the Day

“When it’s raining gold, reach for a bucket, not a thimble,” said Oracle of Omaha Warren Buffet.

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Webinar Reminder for Wednesday, March 28

Paid subscribers to my Global Trading Dispatch Trade Alert Service are reminded that I will be conducting my next biweekly strategy webinar on Wednesday, March 28 at 12:00 noon EST. That’s when I give you my global take on the current state of play in stocks, bonds, commodities, foreign currencies, precious metals, and real estate. […]

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Momentum is Building for the Yen Shorts.

I’m hearing from my buddies in Japan that while things are already quite bad in that enchanting country, they are about to get a whole lot worse, and that it is time to start scaling into a major short in the yen. Australia and China have already raised interest rates, to be followed by the […]

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