Global Market Comments October 14, 2009Featured Trades: (NATURAL GAS), (CHK), (DATA BASE SEARCH), (REGIONAL BANKS), (DOLLAR BILLS) 1) I received another scratchy, crackling cell phone call from my drilling buddy in the Texas natural gas fields today. You could almost hear the dust on the line. The doubling of prices in the last month is totally
Global Market Comments October 13, 2009GLOBAL RISK ALERT!Featured Trades: (GOLD), (SILVER), (CANADIAN DOLLARS), (AUSTRALIAN DOLLARS), (NEW ZEALAND DOLLARS), (BRAZIL), (RUSSIA), (INDIA), (CHINA), (TAIWAN), (SOUTH KOREA), (VIETNAM), (JNK), (TBT)1) When everything is working, and my portfolio is firing on all 12 cylinders, I pinch myself and ask ?Is this real? What can go wrong?? I?m reminded
Global Market Comments October 12, 2009 Featured Trades: (FBI), (YELLOW CAKE), (CVX), (CRUDE) 1) I immediately recognized Robert Mueller as the kind of no nonsense, ex-Marine, Vietnam Vet that he was, the kind of officer who used to rip your? guts out for disobeying a direct order, which in my case was frequently. President Obama thought
Global Market Comments October 9, 2009 Featured Trades: (BILL CLINTON), (WHEAT), (CANADIAN DOLLAR), (ALTERNATIVE ENERGY), (ORCL), (TM) 1) I opened the e-mail at my usual wake up time of 4:00 am. President Bill Clinton was playing with Tiger Woods at the Presidents? Cup PGA tournament at the Harding Park Golf Course in San Francisco today. Would
Global Market Comments October 8, 2009 SPECIAL NATURAL GAS ISSUE Featured Trades: (UNG), ($NATGAS), (CHK), (DVN), (USO), CRUDE), (COP), (PBR)1)? Happy as I am to open beer bottles with my teeth and do my own tattoos, I have recently become a wimp when it comes to trading natural gas futures. I managed to warn my
Global Market Comments October 6, 2009 Featured Trades: (OBAMA), (FSLR), (SOLAR) 1) If you wonder where I am on the evening of Thursday, October 15, I will be having dinner with Barrack Obama, President of the United States. I received the invitation to San Francisco?s exclusive Saint Francis Hotel to meet the Commander-in-Chief with 250 of
Global Market Comments October 5, 2009 SPECIAL ?I TOLD YOU SO? ISSUE Featured Trades: (TBT), (BRAZIL), (EWZ) 1) For the last six months there has been a great big whopping contradiction in the markets. The stock market has been discounting a return to the ?Roaring Twenties,? while the bond market has been anticipating another ?Great Depression.?
Global Market Comments October 2, 2009 Featured Trades: (MSFT), (BRK/A), (ORCL), (WMT), (CVX), (MEXICO) 1) We are now six months and 22 days into the global stock market rally, and what a rally its been! The move off the bottom has been the largest in history, and Q3 was the best in 11 years. The crash
Global Market Comments October 1, 2009Featured Trades: (IDX), (INDONESIA), (FSLR), (STP), (YGE)1) Was that nice for you, dear? Now that cash for clunkers has expired, new car sales have cratered. September is coming in at a 7 million unit run rate, lower than before the program started, and down 24% from already depressed YOY levels.