Global Market Comments September 30, 2009 Featured Trades: (MSFT), (GS), (AIG), (MUSTANGS)1) You may not be aware of this, but Microsoft (MSFT) is about to hit you with a massive marketing effort to buy its new Windows 7 operating system, which will be officially released on October 22. I have been an early adopter of
Global Market Comments September 29, 2009 Featured Trades: (RADA), (BAC), (SCHW), (V), (CVX) 1) When a retired Israeli Air Force general calls me up in the middle of the night and tells me there?s a company I should look into, I sit up and take notice. Privately owned Spider Technologies Security Ltd (click here for
Global Market Comments September 25, 2009 Featured Trades: (SPX), (FCX), (FXI), (BYDFF), (BIDU), (X), (JNK), (HYG), (EEM), (EWY), (TBT), (UDN), (ULE), (VIX) 1) The one absolute, take it to the bank, bet the ranch fact you can count on right now is that there is no value in the stock market. We are at a lofty
Global Market Comments September 24, 2009 SPECIAL END OF CIVILAZATION ISSUE Featured Trades: (OBAMA), (BERNANKE), (TBT), (PCY)1) Boy, are the Republicans really screwed. I was awed with Obama's performance on the David Letterman show last night. This guy is relaxed, polished, cool, and a fabulous advocate and salesman of his policies. When asked a question,
Global Market Comments September 23, 2009 Featured Trades: (COAL), (CCS), (BTU), (SINA), (BIDU), (SOHU, (NTES)1) Peabody Energy?s (BTU) CEO, Gregory Boyce, says that the Chinese buying of coal is real, not stockpiling, and expects to see a 7.5% annual growth in sales for the next five years (click here for their website ).?? The big
Global Market Comments September 22, 2009Featured Trades: (PCY), (LQD), (ARI), (FSQU), (CLNY)1) A number of readers have asked me to come up with a safe, high yielding investment in which to hide out in case the equity markets swoon again. That means they are looking for a security that offers a high fixed return, denominated
Global Market Comments September 21, 2009 Featured Trades: (EQUINOX), (INDIA), ($BSE), (HOG), (EPI), (PIN), (GENERAL MOTORS) 1) The autumnal equinox is tomorrow. That is the day when the sun crosses the equator headed South, and daylight equals darkness. I know this because I am so old that celestial navigation with a sextant was a requirement to
Global Market Comments September 18, 2009 Featured Trades: (CANADIAN DOLLAR), (AUSTRALIAN DOLLAR), (NEW ZEALND DOLLAR), (CBS), (SIRI), (HTZ), (RAD), (M), (LVS), (AMD), (AMR), (CAL), (WHEAT), (GOLD) 1) It?s all about the dollar, which I have hated all year (click here for my call ). The assured onslaught of federal debt issuance headed our way will be
Global Market Comments September 17, 2009Featured Trades: (SPX), (BYDDF), (CGW), (PHO), (VE), (FIW), (TTEK), (PNR) 1) Ouch! So much for my ?Sell the Tenth Consecutive Up Day? model. I shorted the S&P 500 September 1050 calls, which expire in two days. The trade was looking good all the way until this morning, when I got
Global Market Comments September 16, 2009 Featured Trades: (SPX), (NATIONAL IGNITION FACILITY), (ECONOMICS BLOGS)1) Fed chairman Ben Bernanke says the recession is 'technically' over. This will be great news for the homeless living in the tent city under short finals who I fly over when I land my plane at Buchanan airport. It means 'technically'