Trading 101.

A number of readers have asked me why I’m not trading now. Since I put out my calls to sell Treasury bonds in August (click here for “The Great Treasury Bond Crash of 2010” ), and buy US stocks in September (click here for “My Equity Scenario for the Rest of 2010” ), I have […]

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September 7, 2012 – Quote of the Day

“No matter who wins the election, we still have a lot of wood to chop. There is no way we continue to run huge deficits without a severe market consequence,” said my old friend and former client, Leon Cooperman, CEO of mega hedge fund Omega Advisors.    

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Trade Alert – (GLD) September 6, 2012 #2

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 – (GLD) September 6, 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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Trade Alert – (AAPL) September 6, 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 New California Gold Rush.

The gold rush is back on in California. On my way back from Lake Tahoe recently, I saw that every bend of the American river was dotted with hopeful amateur miners, looking to make a windfall fortune. Weekend hobbyists were there panning away from the banks, while the hardcore pros stood in hip waders balancing […]

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The Best Financial Book Ever.

I have just finished reading the best financial book ever, and I have read most of them. It is The Ascent of Money: A Financial History of the World by Harvard professor Niall Ferguson. It gives you a great explanation of how the broad sweep of history delivered us to the doorstep of today’s crisis. […]

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September 6, 2012 – Quote of the Day

“The most expensive advice that you will ever get is to be told at a market top that “This time it’s different,” said Harvard economics professor Kenneth Rogoff  

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Trade Alert – (TLT) September 5, 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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Trade Alert – (GLD) September 5, 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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I Can’t Wait Until September 12.

Those who have been dying of boredom during August — the lowest volume, tightest ranging month in many years — may be about to get their respite. September 12 (or Wednesday next week) offers a potential cornucopia of either fantastically good or terribly bad news, and maybe both. Let me give you a program of […]

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Quit Singing “Waltzing Matilda” in the Shower. Trade Alert:

Sell Short the Currency Shares Australian Dollar Trust October, 2012 (FXA) $105-$108 call spread at $0.35 or best Opening Trade 9-4-2012 – 2:00 PM EST expiration date: October 19, 2012 Portfolio weighting: 10% = 45 contracts on a net delta adjusted basis This is a bet that the Currency Shares Australian Dollar Trust October, 2012 […]

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A Tribute to a 9/11 Hero.

With the 11th anniversary of 9/11 a week away, I want to forward the message circulating among past-and-present Morgan Stanley staffers, myself included: As a firm headquartered in New York City, this is always a sobering time for us. For us, we remember those who died and the heroism of many that saved thousands of […]

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September 5, 2012 – Quote of the Day

 “Low volatility and boring. That’s the mode that investors should get used to,” said Bill Gross, Managing Director at bond giant, PIMCO.      

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Trade Alert – (FXA) September 4, 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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