Archive | November, 2012

November 28, 2012 — Quote of the Day

“Just because they can’t agree in Washington, it doesn’t cancel Christmas,” said retail analyst, Dana Telsey, of the Telsey Advisory Group.

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Surviving Thanksgiving.

I took a break for the last few days, and skipped a letter for the first time in five years to take turkey with the expanded family. A 30 pound bird made the ultimate sacrifice, and was accompanied with mashed potatoes, gravy, stuffing, potato salad, mince pie, and a fine Duckhorn Chardonnay. No pardons here. […]

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November 27, 2012 — Quote of the Day

“The ability of the Federal Reserve to offset the headwinds facing the economy is not infinite,” said Chairman of the Federal Reserve, Ben Bernanke.  

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November 26, 2012

Global Market Comments November 26, 2012 Fiat Lux Featured Trades: (NOVEMBER 28 GLOBAL STRATEGY WEBINAR), (WHY I AM SO RELAXED), (SPY), (AAPL), (GOOG), (IWM), (FXY), (FXE), (USO) (WHY OIL IS GOING TO ZERO), (USO) S&P 500 SPDRs Apple, Inc. Google, Inc. Russell 2000 ishares Currency Shares Japanese Yen Trust Currency Shares Euro Trust United States […]

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Don’t Miss the November 28 Global Strategy Webinar.

My next global strategy webinar will be held on Wednesday, November 28 at 12:00 noon EST. I’ll be giving you my updated outlook on stocks, bonds, commodities, currencies, precious metal, and real estate. The goal is to find the cheapest assets in the world to buy, the most expensive to sell short, and the appropriate […]

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Why I Am So Relaxed.

Take a look at the two sets of figures below projecting polar opposite scenarios for my model trading portfolio at the 2012 year end book closing. Each existing position for my notional $100,000 model portfolio is listed with the anticipated profit and loss for December 31. The best-case scenario assumes a continued “RISK ON” environment […]

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Why Oil Is Going to Zero.

Every trader in the oil market is fascinated by the recent price action. The last few months have seen an onslaught of negative news developments that should have sent the price of Texas tea to the moon. Instead, it has fallen, from a high of $110 in February to as low as $84 last week. […]

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November 26, 2012 — Quote of the Day.

“The US is growing its oil output more than the entire increase in demand for the rest of the world,” said Pavel Molchanov, a senior energy analyst at Raymond James.

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Trade Alert – (USO) November 20, 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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November 20, 2012

Global Market Comments November 20, 2012 Fiat Lux Featured Trades: (IS AN APPLE SHARE BUY BACK IMMINENT?) (WATCH OUT FOR THE CHIHUAHUA GLUT), (TRADE ALERT ON THE JAPANESE YEN), (FXY) Currency Shares Japanese Yen Trust

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Is an Apple Share Buy Back Imminent?

The rumor mill in Silicon Valley went into overtime on Friday when the shares of Apple (AAPL) briefly tickled $505/share. The plunge took the company valuation close to an all time low. With nearly $150 billion in cash on the balance sheet, was it time for the firm to announce its first ever share repurchase […]

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Watch Out for the Chihuahua Glut.

Last week, I wrote about the Nevadan wrinkle in the housing crisis, where distressed homeowners are letting their horses go wild in order to make their mortgage payment. Now neighboring California is facing a Chihuahua glut, where evicted homeowners are handing over their pets to animal shelters. The diminutive Mexican canine enjoyed a boom in […]

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Trade Alert – (FXY) – Expiration notice.

Expiration of the Currency Shares Japanese Yen Trust (FXY) November, 2012 $124-$127 put spread at $3.00 Closing Trade- No action required 11-19-2012 – 2:00 PM EST expiration date: November 16, 2012 Portfolio weighting: 10% = 40 contracts This was a bet that the Currency Shares Japanese Yen Trust (FXY) traded at or below $124.45 on […]

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November 20, 2012 — Quote of the Day

“We have now lost the popular vote in five out of the last six presidential elections. This is an existential crisis for the Republican Party. The country is changing. We don’t know how to win. If we don’t modify policy, the party is going to go extinct.” said Mike Murphy, a Republican Party strategist.  

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Expiration Notice – (FXY) November 19, 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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