August 27, 2010 – A Chat With Steve Forbes

Featured Trades: (STEVE FORBES) 2) A Chat With Steve Forbes. I sat down with Forbes magazine publisher and perennial Republican presidential candidate, Steve Forbes, whose father, Malcolm, I knew from my journalism days in the seventies. He was there formally to promote his new book, Power Ambition Glory, but I couldn't help but sense his […]

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August 27, 2010 – Be Careful Who You Snitch On

Featured Trades: (WHISTLEBLOWERS) 3) Be Careful Who You Snitch On. Buried in the recently passed Dodd-Frank financial reform bill are massive financial rewards for turning in your boss. The SEC is hoping that multimillion dollar rewards amounting to 10%-30% of sanction amounts will drive a stampede of whistleblowers to their doors with evidence of malfeasance […]

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August 27, 2010 – Peter F. Drucker on Management

Featured Trades: (PETER F. DRUCKER ON MANAGEMENT) 4) Peter F. Drucker on Management. If you have been living in a cave for the last 71 years and missed the work of management guru, Peter F. Drucker, here is your chance to catch up. I just finished reading The Essential Drucker, a weighty tome of 368 […]

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August 26, 2010 – Don’t Buy That Treasury Bond

SPECIAL BOND BUBBLE ISSUE   Featured Trades: (TREASURY BONDS), (TIPS), (TBT) ProShares Ultra Short 20 year +Treasury ETF 1) Don’t Buy That Treasury Bond. Another week later, and Treasury bond prices have raced up to even dizzier heights, breaking more records for over valuation. According to the Investment Company Institute, outflows from equity mutual funds […]

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August 26, 2010 – Another Nail in the Coffin for Residential Real Estate

SPECIAL BOND BUBBLE ISSUE Featured Trades: (RESIDENTIAL REAL ESTATE), (BAC) 2) Another Nail in the Coffin for Residential Real Estate. Those few, like myself, who believe that the residential real estate market has another down leg ahead of it, got their smoking gun yesterday. July existing home sales cratered 27.2% to a seasonally adjusted rate […]

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August 26, 2010 – Why Gold Seems Unbreakable

SPECIAL BOND BUBBLE ISSUE Featured Trades: (GOLD), (GLD), (GDX) SPDR Gold Shares ETF Market Vectors Gold Miners ETF 3) Why Gold Seems Unbreakable. While the rest of the world has been going to hell in a hand basket, gold (GLD), (GDX) refuses to take a serious dip, and is threatening the old $1,260 high. Today, […]

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August 26, 2010 – It’s Official: China is Unloading its Treasury Bonds

SPECIAL BOND BUBBLE ISSUE Featured Trades: (TREASURY BONDS) 4) Its Official: China is Unloading its Treasury Bonds. It looks like the smart money these days is found in China. While American investors have been scrambling over each other to buy more Treasury bonds at historically low yields, China has begun quietly unloading some of its […]

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August 26, 2010 – Quote of the Day

'If you look at previous times in US history when bond yields were this low, the returns have been quite poor. Bonds now have many elements of a bubble. We're at the end of the debt super cycle. First we had a large banking crisis. The next step is a large sovereign crisis. This means […]

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August 25, 2010 – So You Think They’re Not Watching You on Your PC?

Featured Trades: (BEHAVIORAL TARGETING) 1) So You Think They're Not Watching You on Your PC? Hey! You there, staring at this monitor. This is your PC talking to you. No, not you over there standing in the background. I'm talking to the guy sitting in front of me poking at my keys. Ouch! That one […]

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August 25, 2010 – It’s Off to the Races at Molycorp

Featured Trades: (RARE EARTHS), (MCB), (LYSCF) 2) It’s Off to the Races at Molycorp. I just wanted to follow up on the rare earths piece which I recently published (click here for “Rare Earths Are Becoming A Lot More Rare”). Despite lackluster market conditions at best, Molycorp (MCP) managed to raise $394 million through its […]

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August 25, 2010 – Thailand Punches Through to New Highs

Featured Trades: (THD), (TF), (F), (NSANY), (TM) iShares MSCI Thailand Investable Market Index ETF Thai Capital Fund 3) Thailand Punches Through to New Highs. With hotel occupancy in the dumps at 20%-30%, and parts of downtown Bangkok still in ruins from the May riots, you would think the call to buy Thailand (THD), (TF) two […]

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August 25, 2010 – Make Another Visit to the Trough for Baidu

Featured Trades: (BAIDU), (GOOG) 4) Make Another Visit to the Trough for Baidu. Just like buying a drink for an old flame when passing through town, there is no better feeling than revisiting winning trades. I first recommended Baidu (BIDU) at split adjusted $12.5 in December, 2008 (click here for the call). It hit $88 […]

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August 25, 2010 – Quote of the Day

'When I look at the Treasury market, I get a really 1998 sort of dotcom feeling. You knew they were going higher, you knew that it would end badly; you just didn't know the timing. At a certain point this becomes a disaster,' said Barry Ritholtz, CEO of hedge fund Fusion IQ.

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August 24, 2010 – Why We’re on the Slow Boat to Nowhere

Featured Trades: (THE RANGEBOUND MARKET), (SPX), (FCX), (VIX), (USO), (GLD) 1) Why We're on the Slow Boat to Nowhere. After speaking to a gaggle of economists, portfolio managers, and traders the last few days, I've had one of those 'Eureka' moments, as the markets have shown their hands. Those that delivered the dramatic, heart stopping […]

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August 24, 2010 – Peabody Energy (BTU), Takes a Hatchet to the Natural Gas Industry

Featured Trades: (COAL VS. NATURAL GAS), (BTU), (RTP), (ACI), (CHK), (BNR) 2) Peabody Energy (BTU) Takes a Hatchet to the Natural Gas Industry. After my year in the White House Press Corps, I vowed never to return, and took a really long shower, hoping to scrub every last spec of prejudice, self interest, and institutionalized […]

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