Featured Trades: (THIS CHART KEEPS ME AWAKE AT NIGHT) 2) This Chart Keeps Me Awake at Night. The forest and the trees are the constant dilemma facing traders on hedge fund desks, the exchange floor, the commodities pits, or behind PC's at home. While spending all day focusing intently on the tree in front of
Featured Trades: (A REVIEW OF THE GOLD FUNDAMENTALS), (WORLD GOLD COUNCIL), (GLD), (ABX) 3) A Review of the Gold Fundamentals. With gold crashing through to $1,500 this morning, I thought that I would once against re-examine the fundamentals for the barbarous relic. That is most easily done by reading the Q1 report from the
Featured Trades: (TRADE SCHOOL) , (SPY), 1) Trade School. I fielded a lot of questions at yesterday's Macro Millionaire webinar on how I was able to make so much money with small positions. As of today, the year to date theoretical returns for the model portfolio is 34%, putting it in the top 1%
Featured Trades: (COPPER), (CU), (CAT), (FCX) 2) Give Dr. Copper an A+ for Accuracy. No one has been singing louder the praises of the predictive power of copper prices (CU) louder than me this year. They call the red metal 'Dr. Copper' because of its uncanny ability to forecast the future direction of the
'Long term, the pressure on commodity prices is only one way, and that is up, said Doug Oberhelman, CEO of Caterpillar (CAT).
Featured Trades: (HOW TO BUILD A TOP), (QQQ), (XLF), (SPX) 2) How to Build a Top. Yes, we are all in the instant gratification business. We all want to ride an uptrend for nine months, sell at the top tick, and stay short for the entire four month selloff that ensues. In real life,
Featured Trades: (FROM BAD TO WORSE FOR THE EURO), (FXE), (EUO), (UUP) 3) From Bad to Worse for the Euro. I am going to take a profit here in my short position in the euro by selling my (FXE) September, 2011 $145 puts. I don't double my capital in two days very often. When
'Bond people are half-empty people and equity people are half-full people. It's like the pessimist versus the optimist; the cold front and the warm front rotating. You get thunderstorms,' said Bill Gross, managing director at bond giant, PIMCO.
Featured Trades: (LUNCH WITH DOW JONES) 1) Lunch With Leslie Hinton of Dow Jones. I managed to catch a lunch with Leslie Hinton, the CEO of Dow, Jones, Inc. as he swung through San Francisco to meet with major advertisers. Hinton was installed in the top job by Rupert Murdoch after his $5 billion
Featured Trades: (APRIL NON FARM PAYROLL) 2) Finally, a Decent Number. The April nonfarm payroll showed a gain of? 244,000 on Friday, exceeding expectations for the first time in many months. A statistical aberration took the headline unemployment rate back up from 8.9% to 9.0%. February and March were revised up an additional 46,000
