Global Market Comments March 5, 2010Featured Trades: (JAPAN), (YEN), (YCS), (GOLD), (GLD),(NEM), (NATURAL GAS), (UNG), (HEDGE FUND RADIO), (BARTON BIGGS)1) I?m hearing from my buddies in Japan that while things are already quite bad in that enchanting country, they are about to get a whole lot worse, and that it is time to start scaling
Global Market Comments March 3, 2010Featured Trades: (JON NAJARIAN), (OPTIONMONSTER), (AUSSIE/EURO CROSS), (ETHANOL), (CORN)1)How does an NFL linebacker develop a series of computer algorithms that give him a crucial edge when trading the market? That is the question I hoped to answer when I interviewed Jon Najarian, co-founder of OptionMonster (click here for the site
Global Market Comments March 2, 2010 Featured Trades: (30 YEAR TREASURY BOND), (TBF), (TBT), (RSX), (IDX), (THD), (PIN), (CGW), (PHO), (FIW), (VE), (TTEK), (PNR)1) Louise Yamada, one of the most widely followed technical analysts in the market, says the 29 year bull market in Treasury bonds is coming to a close. Looking at the 200
Global Market Comments March 1, 2010 Featured Trades: (CYB), (YUAN), (AGU), (POT) (MON), (DBA), (COPPER), (FCX), (CHILE), (ECH)1) Since I have been setting off distress flairs warning of an inevitable revaluation of the Chinese Yuan, I thought you would be interested to hear about what popped up on my radar on Friday. No lesser authority
Global Market Comments February 26, 2010 Featured Trades: (TOYOTA), (TM), (PALLADIUM), (PALL), (RESIDENTIAL HOUSING), (XHB)1) Since I am probably the only person in the country who once worked for Toyota, speaks Japanese, and worked in the White House Press Corps, and am therefore fluent in the ways of Washington, I feel obliged to comment on
Global Market Comments February 25, 2010Featured Trades: (?EUREKA?), (SPX), (VIX), (USO), (FCX), (GLD), (TBT),(TBF), (CHK), (UNG), (COAL), (BTU), (LUMBER), (WY), (HEDGE FUND RADIO) 1) 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
Global Market Comments February 24, 2010 (SPECIAL JOSEPH STIGLITZ ISSUE) 1) The great thing about interviewing Joseph Stiglitz over dinner is that you don?t have to ask any questions.? You just turn him on and he spits out one zinger after another. And he does this in a kibitzing, wizened, grandfatherly manner like one would
Global Market Comments February 19, 2010 Featured Trades: (GOLD), (GLD), (STIMULUS PACKAGE), (SQM), (ENS), (XIDE), (ZBB), 1) I took advantage of my membership in the World Gold Council to download their ?Global Demand Trends? report released today, a must read for avid followers of the barbaric relic (click here for the link at http://www.gold.org/ ). If
Global Market Comments February 18, 2010 Featured Trades: (USO), (CRUDE), (SILVER), (FOREIGN TREASURY HOLDINGS), (TBT), (TBF), (HEDGE FUND RADIO)1) I?m not buying the $8 rally in crude (USO) this week because the contango which has been supporting prices in the face of lukewarm demand for the past year has been rapidly disappearing. Contango involves buying
Global Market Comments February 16, 2010 Featured Trades: (CHINESE YUAN), (CYB), (PLATINUM), (PPLT), (EWT) 1) The Chinese Yuan is just begging for a home run. Any doubts that it is a huge screaming buy should have been dispelled last week when news came out that China had displaced Germany as the world's largest exporter. The