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June 28, 2010 – There Are No Gurus

Featured Trades: (ANALYST RATINGS) 3) There Are No Gurus. If there was ever an argument that you should rely on independent newsletters for guidance about financial markets, such as The Diary of a Mad Hedge Fund Trader, and not traditional brokerage houses, take a look at the chart below from JP Morgan. It shows that […]

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June 28, 2010 – The Spotlight Moves to Petraeus

Featured Trades: (GENERAL PETRAEUS) 4) The Spotlight Moves to Petraeus. I have not been called a war criminal for at least 35 years. But that's what was screamed at me when I muscled my way through a crowd of chanting anti-war protesters on my way to a briefing from General David Petraeus, Commander of the […]

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June 28, 2010 – Quote of the Day

'The banks are effectively zombie banks, because their consumer and commercial assets are not growing and their fee businesses are getting crushed. You're looking at very low return vehicles,' said Meredith Whitney, CEO of the Meredith Whitney Advisory Group.

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June 25, 2010 – The Only Certainty in Life: Taxes are Rising

Featured Trades: (TAXES INCREASES) 1) The Only Certainty in Life: Taxes are Rising. If you are looking for irrefutable proof that we’re all screwed, take a look at the chart below from my friends at Clusterstock. It shows that $2,000 in tax increases will be needed per household to cover increased government social service spending […]

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June 25, 2010 – A Peek at Your Energy Future

Featured Trades: (NEE), (PGE), (ALTERNATIVE ENERGY) 2) A Peek at Your Energy Future. If you want to get a preview of what an electric power utility of the future looks like, take a look at the old Florida Power and Light, which has reinvented itself as Nextera (NEE). Its shares have morphed from the high […]

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June 25, 2010 – Bring on the Housing Double Dip

Featured Trades: (RESIDENTIAL REAL ESTATE) 3) Bring on the Housing Double Dip. This is another 'I told you so' piece, so if that sort of thing annoys you, skip on. Yesterday's 300,000 figure for new home sales was absolutely diabolical, 26.8% lower than the 410,000 that was expected and the worst since 1963. This is […]

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June 25, 2010 – The Ultimate Book on the Middle East

Featured Trades: (MIDDLE EAST BOOK REVIEW) 4) The Ultimate Book on the Middle East. I just finished reading Power, Faith, and Fantasy: America in the Middle East from 1776 to the Present by Michael B. Oren, an encyclopedic recent history of the Middle East. As an investor, you are going to have to be knowledgeable […]

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June 25, 2010 – Quote of the Day

'There is a massive, rotting pool of mortgages on bank balance sheets.'¦There is no doubt there is going to be a double dip in housing,' said Meredith Whitney, CEO of the Meredith Whitney Advisory Group.

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June 24, 2010 – Going Back into the Ags

Featured Trades: (SOYBEANS), (SOYBEAN MEAL), Teucrium Agricultural Trust Corn Fund Teucrium Agricultural Trust Soybean Fund Teucrium Agricultural Trust Wheat Fund Teucrium Agricultural Trust Sugar Fund 1) Going Back into the Ags. OK, I can’t stand it anymore. After staying out of the agricultural sector for the past six months I’m going back in. I’m not […]

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June 24, 2010 – Thank Goodness I don’t live in Sweden

Featured Trades: (GLOBAL TAX RATES) 2) Thank Goodness I don't live in Sweden! I pulled the chart below off of Paul Kedrosky's ever insightful website, Infectious Greed, 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 […]

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June 24, 2010 – Pushing Electric Cars on Capitol Hill

Featured Trades: (ELECTRIC CARS), (NISSAN LEAF) 3) Pushing Electric Cars on Capitol Hill. FedEx founder and CEO Fred Smith, an ex Navy pilot who I admire enormously, was on Capitol Hill yesterday lobbying for electric cars. In 2009, the US spent $188 billion on crude oil imports, far and away our largest, and 70% went […]

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June 24, 2010 – New Ag ETF’s to Hit the Market

Featured Trades: (CORN), (WEAT), (SOYB), (CANE), (UNG), (USO) Teucrium Agricultural Trust Corn Fund Teucrium Agricultural Trust Soybean Fund Teucrium Agricultural Trust Wheat Fund Teucrium Agricultural Trust Sugar Fund 4) New Ag ETF’s to Hit the Market. Teucrium Trading LLC has at long last plugged a gaping hole in the ETF line up by announcing the […]

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June 24, 2010 – Quote of the Day

'The really big problem here is that we have 10% unemployment now. If you drop it 1/2% a year for ten years, we're not going to reach full employment before we reach the next recession,' said Lachmann Achutman, managing director of the Economic Cycle Research Institute.

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June 23, 2010 – The Bond Market is Blind to Risk

Featured Trades: (TREASURY BONDS), (TBT) ProShares Ultra Short Lehman 20 Plus TBT 1) The Bond Market is Blind to Risk. After promising to deliver you a nicely marbled, medium rare, prime rib, I am the first to admit when I actual come up with a piece of tasteless, salt water injected Costco turkey. I am […]

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June 23, 2010 – The Value Player’s Take on BP

Featured Trades: (MDR), (BP), (RIG), (HAL), (GZPFY.PK), (XOM), (RDS/A) 2) The Value Player's Take on BP. OK, I promise I won't talk about BP again until the stock breaks one way or another. But no sooner do I put out the call to buy the pariah stock at $29, than I hear Whitney Tilson of […]

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