Archive | January, 2013

January 4, 2013 – Quote of the Day

Quote of the Day “If You’ve lived long enough on Wall Street, you know that we shoot out wounded and eat our young,” said Brad Hintz, an analyst with Sandford Bernstein.

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Trade Alert – (IWM) January 3, 2013

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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Trade Alert – (AIG) January 3, 2013

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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January 3, 2013

Global Market Comments January 3, 2013 SPECIAL FOREIGN CURRENCY ISSUE Featured Trades: (LONG TERM DOLLAR TREND), (FXA), (FXC), (BNZ), (CYB), (FXE) (THE COMING COLLAPSE OF THE YEN), (THE BIG MAC INDEX), (MCD CurrencyShares Australian Dollar Trust CurrencyShares Canadian Dollar Trust WisdomTree Dreyfus New Zealand Dollar WisdomTree Dreyfus Chinese Yuan CurrencyShares Euro Trust

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Enjoy the Dollar Rally While it Lasts

Any trader will tell you the trend is your friend and the overwhelming direction for the US dollar for the last 220 years has been down. Our first Treasury Secretary, Alexander Hamilton, found himself constantly embroiled in sex scandals. Take a ten-dollar bill out of your wallet and you’re looking at a world class horndog, […]

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The Collapse of the Yen: The Party Has Started

“Oh, how I despise the yen, let me count the ways.” I’m sure Shakespeare would have come up with a line of iambic pentameter similar to this if he were a foreign exchange trader. I firmly believe that a short position in the yen should be at the core of any hedged portfolio for the […]

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Where The Economist “Big Mac” Index Finds Currency Value.

My former employer, The Economist, once the ever tolerant editor of my flabby, disjointed, and juvenile prose (Thanks Peter and Marjorie), has released its “Big Mac” index of international currency valuations (click here for the link). Although initially launched as a joke three decades ago, I have followed it religiously and found it an amazingly […]

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January 3, 2013 — Quote of the Day

“At some point in 2013, knuckles are going to be turning white and we’ll see whatever rabbits Ben Bernanke is going to have to pull out of his hat”, said David Rosenberg of Gluskin, Sheff in Associates

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Trade Alert – (SPY) January 2, 2013

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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Trade Alert – (FCX) January 2, 2013

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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January 2, 2013

Global Markets Comments January 2, 2013 SPECIAL ENERGY ISSUE Featured Trades: (OXY), (BP), (OIL), (NATURAL GAS), (UNG), (NSANY), (BP), (XOM), (PGE) Occidental Petroleum Corporation BP PLC iPath S&P GSCI Crude Oil Total Return Index ETN United States Natural Gas Fund, LP Nissan Motor Co. Ltd. Exxon Mobil Corp.            

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Take a Look at Occidental Petroleum (OXY)

There are a lot of belles at the ball, but you can’t dance with all of them. While a student at UCLA in the early seventies, I took a World Politics course which required me to pick a country, analyze its economy, and make recommendations for its economic development. I chose Algeria, a country where […]

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The True Cost of Oil

I received some questions last week 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 a year. Since the California power authorities have set a goal of 33% alternative energy sources […]

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January 2, 2013 — Quote of the Day

We have been pretending that we’re too big to fail. We’re not too big to fail, You can jump off of a 90 story building and feel fine for the first 89 stories. It’s the sudden stop at the end that tells you you’re not.” said Tom Friedman, New York Times columnist and author of […]

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