Quote of the Day - January 19, 2021
"A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty," said the late British Prime Minister, Winston Churchill.
Entries by DougD
Report from the Frozen Wastelands of the West
I am writing this from a High Sierra peak at 12,000 feet in the dead of winter. It is 15 degrees and the wind is gusting to 70 miles an hour, turning my backpack into a sail and practically blowing me off the mountain. Over the side, the next stop is 1,000 feet below. I
My Last Research Piece of the Year
All work and no play makes Jack a dull boy. All work and no play makes Jack a dull boy. All work and no play makes Jack a dull boy. All work and no play makes Jack a dull boy. All work and no play makes Jack a dull boy. All work and no play
Quote of the Day - December 2, 2020
"I only invest in beer-drinking countries, never wine-drinking countries," said Ben Horowitz, co-founder of venture capital firm Andreeson Horowitz.
Industries You Will Never Hear From Me About
Industries You Will Never Hear from Me About. The focus of this letter is to show people how to make money through investing in fast-growing, highly profitable companies which have stiff, long-term macroeconomic and demographic winds at their backs. That means I ignore a large part of the US economy, possibly as much as 80%,
Why Technical Analysis Doesn't Work
Santa Claus came early this year. We have now rocketed all the back from -37% to a feeble 0% return for the Dow Average for 2018. By comparison, the Mad Hedge Fund Trader is up a nosebleed 8.5% during the same period. If you had taken Cunard’s round-the-world cruise four months ago, as I recommended, you
The Super Bull Argument for Gold
With global stock markets in free fall and interest rates everywhere headed to zero, the outlook for gold has gone from strength to strength. Shunned as the pariah of the financial markets for years, the yellow metal has suddenly become everyone’s favorite hedge. Now that gold is back in fashion, how high can it really
On Executing Trade Alerts
From time to time, I receive emails from a subscribers telling me that they are unable to get executions on trade alerts that are as good as the ones I get. There are several possible reasons for this: 1) Markets move, sometimes quite dramatically so. That’s why I include a screenshot of my personal trading
January 27, 2020 - MDT Alert (UNIT)
When I look around at the carnage from the last two days, there are two stocks that actually look like buys. And both of them we traded in the past. Those stocks are UNIT and DG. I have always like Uniti Group Inc. (UNIT), because of the yield and the fact that it has weekly
January 24, 2020 - MDT Alert (X)
US Steel has not shown signs of consolidating, so I am going to suggest you close the position. At this point, I suggest you close the position and move on. Sell X at the market, which is $9.40