Trade Alert – (FXY) January 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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Trade Alert – (UNG) January 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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Is This the Chink in Japan’s Armor?

“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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Hanging Out With Woz

I first spoke to Steve Wozniak via HAM radio when I was 12 and he was the 14 year old president of the Homestead High School Radio Club in Cupertino, California. With seven children, my dad was pretty stingy with allowance money. But when it came to electronic parts, I had an unlimited budget, as […]

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Thank Goodness I Don’t Live in Sweden!

I found recently found the chart below showing world tax rates as a percentage of GDP for the past 40 years. Sweden suffers the world’s heaviest tax burden at 51%, compared to only 27% in the US. The US has among the world’s lowest tax burdens, which has been falling for the last ten years. […]

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January 30, 2012 – Quote of the Day

“The next big story in credit is going to come from Asia and that will be in Japan,” said Tres Knippa of Kenai Capital Management.

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Fed Says Market Rally is BS

Well, they didn’t really say that, but they could have, and perhaps should have, and the bond market wholeheartedly agrees with them. That is my takeaway from the Fed minutes released yesterday indicating that the Federal Reserve intends to extend its hyper accommodative policies for at least another 6-9 months to “late 2012.” It also […]

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Report From Beverly Hills

I am writing this letter at a table in the alcove of the Polo Lounge at the legendary Beverly Hills Hotel. They did not disappoint on the movie star front, with more than an ample supply. At the table on my right, John Hamm, who plays the predatory ad man Don Draper in AMC’s Mad […]

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January 27, 2012 – Quote of the Day

“China has been doing everything right for the last ten years. Our government is made up of ‘C’ students that were political science majors, whereas, the Chinese government is made up of PhD’s that were educated at Cambridge and Harvard,’ said one Washington observer.  

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Apple’s Next Stop: $1,000!

Newspapers, TV, radio, and the Internet all carried the same headline in San Francisco today: “Apple Now World’s Largest Company.” That was the response to the company’s Q4 earnings of $13 billion announced yesterday that drove its market capitalization skyward to $415 billion, surpassing ExxonMobile’s (XOM) once again. What is even more amazing is that […]

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Goodbye Steve Jobs, Hello Dividend?

Analysts continue to be stunned by the rate at which cash is rolling into Apple (AAPL). At current cash flows, the company’s hoard is expected to grow from $96.7 billion to $130 billion by next June, an increase of nearly $220 million a day! So far, the company has resisted every entreaty to part with […]

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January 26, 2012 – Quote of the Day

“Oh wow, Oh wow, Oh wow!” Were the last words of Apple founder, Steve Jobs.

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The Benefit of the Doubt Market

It is already January 24, and the S&P 500 has seen a grand total of two down days so far in 2012. Are we on the eve of one of the great bull markets of all time? Is it off to the races once again? I follow dozens of fundamental and trading research services and […]

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The Resurrection of Peak Oil

It has been a long wait for ‘peak oilers,’ whose passionate belief is that the world will run out of oil in coming years, sending prices through the roof. This splinter religion came into being in 1956 when M. King Hubbert produced some simple supply/demand charts showing that US reserves of Texas tea would dry […]

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January 25, 2012 – Quote of the Day

‘He who lives upon hope will die fasting,’ said Benjamin Franklin.

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