Featured Trades: (APPLE SURPRISES AGAIN) 1) Apple Surprises Again. Wow, and double wow! That's all I can say about Apple's (AAPL) ballistic earnings. Talk about firing on all cylinders and the turbocharger and the supercharger at the same time! Apple is now the world's second largest company and is boasting a positively mind boggling $76
Featured Trades: (NEXT STOP FOR APPLE: $1,000) 2) Apple's Next Stop: $1,000. When I took a young, cocky, long haired, Levis wearing Steve Jobs around to meet Morgan Stanley's institutional investors to pitch an Apple share offering 28 years ago, I vowed never to buy anything from the man. He was such a great salesman,
Featured Trades: (TIME TO GET ON THE (SPX) ROLLER COASTER), (SPY), (SPX) 3) Time to Get on the (SPX) Roller Coaster. I think yesterday's reaction to a rumored settlement on the debt ceiling was a great 'tell' on the short term direction of the financial markets. The S&P 500 popped 20 points, bonds roared by
Featured Trades: (INTEGRATING AMERICA'S POWER GRID) 2) Integrating America's Power Grid. Until now, America's power grid has been divided into three unconnected chunks, making transnational transmission impossible, leading to huge regional mispricing. While California and New York suffered from brown outs and sky high prices, electricity was given away virtually for free in Texas.
Featured Trades: (THINK AGAIN BEFORE BUYING THAT VACATION HOME) 3)Think Again Before Buying That Vacation Home.If you're entertaining buying a vacation home any time soon, I'd think again. In my annual review of the residential real estate market in the High Sierra mountain hamlet of Incline Village, Nevada, and I am sad to report that
Featured Trades: (IS THE FAT LADY SINGING AGAIN FOR THE TREASURY MARKET?) 1) Is the Fat Lady About to Sing Again for the Treasury Bond Market? One of my best calls of the year was to pick the bottom of the Treasury bond market in February and pile readers into synthetic long positions by
Featured Trades: (THERE WILL BE NO QE3!) 1) There will be no QE3! Twice in the last week, rumors surfaced that Ben Bernanke was considering a third round of quantitative easing, first in the Fed minutes, and then in Wednesday's congressional testimony. The risk markets rallied furiously, and then quickly gave it all back. If
'The Fed can print money now, but they can't print jobs,' said Keith Wirtz, president of Fifth Third Asset Management.
(SPECIAL GOLD ISSUE) Featured Trades: (GLD), (RGLD), (AEM), (GBG) 1) The Gold Bulls Are Vindicated. For the faithful who have successfully crossed the desert and suffered the slings and arrows of critics and the ridicule of non-believers, gold's move today to an all-time high of $1,586 delivers the greatest of all vindications. All it took
(SPECIAL GOLD ISSUE) Featured Trades: (GLD) ? 2)China's Insatiable Appetite for Gold. Gold bugs and naysayers alike take note. When the world's second largest and fastest growing economy liberalizes gold ownership by individuals, who happened to be the planet's most fastidious savers at a 17% rate, you better pay attention. Among other reforms, the Middle
