Global Market Comments December 21, 2009 Featured Trades: (BUREAU OF LABOR STATISTICS), (CHINESE NUCLEAR PROGRAM), (CHINESE SECURITIES REGULATION)1) Those of you counting on getting your old job back on the assembly line in Detroit better look at the eight year jobs forecast published today by the Bureau of Labor Statistics. The table shows that 4.19
Global Market Comments December 18, 2009 Featured Trades: (DBA), (MOO), (PHO), (FIW), (INTERNET BANKS), (BUREAU OF LABOR STATISTICS)1) I spent an evening with Lester Brown, president of the Earth Policy Institute and a winner of the coveted MacArthur Prize, for some long term thinking about the environment and its investment implications.? Global warming is causing
Global Market Comments December 17, 2009 Featured Trades: (FXI), (EWH), (COPPER), (GOLD), (F), (BA), (GE) 1) I confess that I am a total agnostic when it comes to specific investment philosophies, and a complete whore when it comes to trying out any new analysis that walks by. Maybe it?s because of my science and math background,
Global Market Comments December 16, 2009 Featured Trades: (SPX), (TBT), (GLD), (FXA), (UNG), (INDONESIA) 1) The S&P 500 (SPX) is going to plunge 10-20% from early January, Treasury bond interest rates are going to soar (TBT), and gold (GLD) will peak out, all starting in January. There are tradable shorts setting up in all three of
Global Market Comments?December 15, 2009 Featured Trades: (XTO), (XOM), (BIDU), (BYDDF), (NTES), (CQQQ), (TAO), (HAO), (YAO), (CHIHUAHUAS)1) Wow! Talk about instant results! It was only last Thursday that I recommended to readers a buy in XTO Energy at $40.50 (click here for the call). A 2:00 am call rousted me out of my sleep this
Global Market Comments December 14, 2009 Featured Trades: (BAC), (C), (SKF), (HCBK), (WABC), (BOH), (TBT), (PST), (BERNIE MADHOFF)1) Feed the ducks when they're quacking. That's the refrain I heard endlessly on the trading floor at my alma mater, Morgan Stanley. If the clients want something, give it to them in spades, whether it makes any
Global Market Comments December 11, 2009 SPECIAL NUCLEAR POWER ISSUE Featured Trades: (NUCLEAR ENERGY), (CCJ), (NLR), (WIND TURBINES), (GE), (HEDGE FUND RADIO) 1) The seventies are about to make a comeback. No, don?t drag your leisure suits, bell bottoms, and Bee Gee?s records out of your storage facility. I mean the nuclear industry, which has been
Global Market Comments December 10, 2009 Featured Trades: (COPPER), (FCX), (CRUDE), (XTO), (RIG), (USO), (MUSTANGS) 1) I have to tell you that my old friend, Dr. Copper, the only commodity that has a PhD in economics, looks like he may be giving the market an ?F? on its latest exam. If you recall, I was feverishly
Global Market Comments December 9, 2009 Featured Trades: (MERRIDETH WHITNEY), (SPX), (SEF), (SKF), (SDS), (COFFEE), (KTH10.NYM), (CARBON CAPTURE & STORAGE), (CER's) 1) Meredith Whitney is about to have a second wind. The brassy, former Fox News reporter parlayed a gutsy, ultra bearish call on financials in 2007 into a multimillion dollar advisory business that catapulted
Global Market Comments December 8, 2009 Featured Trades: (RISK), (GOLD), (GLD), (DGP), (HBD.TO), (MEXICAN GOLD PESO), (DOLLAR) 1) Reflections on Risk ? The behavior of the global markets on Friday was a great ?tell? on the current state of risk taking.? We finally got the one data point that we have been hoping for, even