Global Market Comments October 22, 2009 Featured Trades: (XOM), (DBA), (USO), (RJI), (AFRICA), (AFK), (GAF), (EWH, (FXI) 1) Those of you searching for the 'new normal' better take a close look at the China National Offshore Oil Company's (CNOC) efforts to top Exxon Mobil's (XOM) $4 billion bid for development rights to a giant new [...]

Global Market Comments October 21, 2009 Featured Trades: (GOOG), (MS), (1987 CRASH), (CVA), (AMSC) 1) When people ask me what is the one stock they should put in their kid’s college fund and forget about, I always give them the same company: Google (GOOG). The toll taker for the Internet that controls 70% of the [...]

Global Market Comments October 20, 2009 Featured Trades: (DINNER WITH OBAMA), (MS), (BYRON WIEN), (JULIUS CAESAR),   1) The black GM Suburban barreled into the parking structure at San Francisco’s posh St. Francis Hotel, its emergency lights flashing, and quickly disgorged a team of secret service agents. Behind them the armored Cadillac limo screeched to [...]

Global Market Comments October 19, 2009 Featured Trades: (BILL FLECKENSTEIN), (DIN), (RIMM), (JWN), (DOW 10,000), (FSLR) (TRES AMIGAS TRANSMISSION FACILITY) 1) I have worshipped legendary hedge fund manager, Bill Fleckenstein, as the God that he is for decades. So I thought it was time to catch up with the noted bear on the day the [...]

Global Market Comments October 16, 2009 Featured Trades: (RESIDENTIAL REAL ESTATE), (ETF’s), (CALIFORNIA WINE MARKET) 1) I can honestly say that I have worked for the worst boss on the planet, Rupert Murdoch, when I free lanced for his flagship newspaper, The Australian. No matter what I wrote about Japan’s trade down under in sugar, [...]

Global Market Comments October 15, 2009Featured Trades: (WHEAT), (WZ09), (HELEN THOMAS), (TROLL DOLLS)   1) I bet I’m the only guy you know whose wedding was filmed by the KGB. My friend, the TASS correspondent,  shot 8mm film of the entire assembled foreign press at the event at The Foreign Correspondents Club of Japan in [...]

Global Market Comments October 14, 2009Featured Trades: (NATURAL GAS), (CHK), (DATA BASE SEARCH), (REGIONAL BANKS), (DOLLAR BILLS)   1) I received another scratchy, crackling cell phone call from my drilling buddy in the Texas natural gas fields today. You could almost hear the dust on the line. The doubling of prices in the last month [...]

Global Market Comments October 13, 2009GLOBAL RISK ALERT! Featured Trades: (GOLD), (SILVER), (CANADIAN DOLLARS), (AUSTRALIAN DOLLARS), (NEW ZEALAND DOLLARS), (BRAZIL), (RUSSIA), (INDIA), (CHINA), (TAIWAN), (SOUTH KOREA), (VIETNAM), (JNK), (TBT) 1) When everything is working, and my portfolio is firing on all 12 cylinders, I pinch myself and ask ‘Is this real? What can go wrong?’ [...]

Global Market Comments October 12, 2009 Featured Trades: (FBI), (YELLOW CAKE), (CVX), (CRUDE)   1) I immediately recognized Robert Mueller as the kind of no nonsense, ex-Marine, Vietnam Vet that he was, the kind of officer who used to rip your  guts out for disobeying a direct order, which in my case was frequently. President [...]

Global Market Comments October 9, 2009 Featured Trades: (BILL CLINTON), (WHEAT), (CANADIAN DOLLAR), (ALTERNATIVE ENERGY), (ORCL), (TM)   1) I opened the e-mail at my usual wake up time of 4:00 am. President Bill Clinton was playing with Tiger Woods at the Presidents’ Cup PGA tournament at the Harding Park Golf Course in San Francisco [...]

Global Market Comments October 8, 2009 SPECIAL NATURAL GAS ISSUE Featured Trades: (UNG), ($NATGAS), (CHK), (DVN), (USO), CRUDE), (COP), (PBR) 1)  Happy as I am to open beer bottles with my teeth and do my own tattoos, I have recently become a wimp when it comes to trading natural gas futures. I managed to warn [...]

Global Market Comments October 7, 2009SPECIAL GOLD AND SILVER ISSUE Featured Trades: (GOLD), (ABX), (GLD) (KGC), (JAG), (RGLD), (SLV) 1) Of course you knew it was going to happen like this. After churning around just below the old high, and sucking in as many profit takers and short sellers as possible, gold blasted through to [...]

Global Market Comments October 6, 2009 Featured Trades: (OBAMA), (FSLR), (SOLAR)   1) If you wonder where I am on the evening of Thursday, October 15, I will be having dinner with Barrack Obama, President of the United States. I received the invitation to San Francisco’s exclusive Saint Francis Hotel to meet the Commander-in-Chief with [...]

Global Market Comments October 5, 2009 SPECIAL ‘I TOLD YOU SO’ ISSUE Featured Trades: (TBT), (BRAZIL), (EWZ)   1) For the last six months there has been a great big whopping contradiction in the markets. The stock market has been discounting a return to the ‘Roaring Twenties,’ while the bond market has been anticipating another [...]

Global Market Comments October 2, 2009 Featured Trades: (MSFT), (BRK/A), (ORCL), (WMT), (CVX), (MEXICO)   1) We are now six months and 22 days into the global stock market rally, and what a rally its been! The move off the bottom has been the largest in history, and Q3 was the best in 11 years. [...]