Featured Trades: (THE COMING TAX HIT) 2) Get Ready for Your Tax Hit. No matter what anyone promises you today, this week, or this year, your taxes are going up. At $1.3 trillion, the budget deficit is so enormous that bringing it into balance merely through spending cuts is a mathematical impossibility. Chopping funding for
Featured Trades: (REPORT FROM LIBYA) 1) Report from Libya. Over the weekend, I managed to catch up with a friend of mine who just escaped from Libya by the skin of his teeth. Sent there by an oil major to explore for deep water oil and gas in the Gulf of Sidra, he spent
Featured Trades: (COLUMBIA), (GXG) 3) Columbia is Popping Up on My Radar. My current scenario for global equities has them selling off over the summer, then a rebounding led by emerging markets starting sometime in the fall. In that case you want to start building short lists of high growth countries to pile into,
Featured Trades: (MACRO MILLIONAIRE PERFORMANCE) 1) Macro Millionaire Portfolio Blasts to New All-Time High. Followers of the Mad Hedge fund Trader's Macro Millionaire model portfolio hit an all-time high on Friday, reaching a five month return of 25.35%. That compares to a much more modest return of 10% for the S&P 500, and 0.05% for
Featured Trades: (THE END OF QE2 IS IN THE MARKET), (TBT), (TLT), (SPY) 2) The End of QE2 is In the Market. No one has been more negative about the long term outlook for the Treasury bond markets than I. At the rate that we are piling on spending while chopping back on tax
Featured Trades: (NATURAL GAS), (UNG), (DVN), (CHK) 2) Something is Bubbling in Natural Gas. Today's surprise release of figures showing a shocking draw down in natural gas supplies throws a great spotlight on what has undoubtedly been the red headed step child of the energy space for the last three years. While oil prices
Featured Trades: (PARIS STRATEGY LUNCHEON REVIEW), (FXE) 2) Paris Strategy Luncheon Review. The full force of soaring oil prices really hit home when I took a taxi to the Paris airport yesterday. As we passed a gas station, I mentioned to the driver that I didn't know that they sold gas by the gallon in
Featured Trades: (WHERE'S THE BEEF?), (SPX), (SPY) 3) Where's the Beef? With the Q1 earnings season now underway, investors seeking a repeat of Q4's blistering results are about to be sorely disappointed. While calendar 2010 delivered a white hot 41% improvement in reported earnings, the growth rate for the most recent quarter could deliver
Featured Trades: (WHAT ARE TECHNOLOGY STOCKS TRYING TO TELL US?), (XLK), (AAPL) 4) What Are Technology Stocks Trying to Tell Us? If you are a perma bull or a believer in the return of the 'old normal', please email me the hidden meaning of the two charts below. Technology stocks have been the preeminent
Featured Trades: (WHAT RELATIVE SECTOR PERFORMANCE IS TRYING TO TELL US), (XLF), (XLK), (XLV), (XLP), (AAPL), (SWY), (KFT) 3) What Relative Sector Performance is Trying to Tell Us. Get ready to reach for that barf bag in the seat pocket in front of you. The relative performance of industrial sectors in the S&P 500
