Featured Trades: (GLD) 2) Look What I'm Seeing in Gold. Call this a 'rolling top' or a 'head and shoulders top', but it is a top nonetheless, which is making my bear put spread of the gold ETF (GLD) look smarter by the day. If our current sell off is truly a binary 'RISK OFF'
Featured Trades: (IBM), (AAPL), (CSCO), (SSO), (TBT), (GLD), (DIG) 1) Time for a Victory Lap. I'm sorry I'm late with the letter today, but I am out of breath, having run victory laps all morning. IBM (IBM) reports blowout earnings, and Apple (AAPL) absolutely knocked the cover off the ball. It kind of makes my
Featured Trades: (FXE) 2) Time to Short the Garlic Eaters. The garlic eaters don't want to repay their debts, and the beer drinkers don't want to lend them any more money. That pretty much sums up the financial tensions that exist within Europe right now. The PIIGS countries of Portugal, Ireland, Italy, Greece's, and Spain
'President Obama needs to explain that while these cuts will be painful, there is no way to solve our problems without shared sacrifice,' said Christina Romer, Obama's former Chairperson of the council of Economic Advisors.
Featured Trades: (GOLD), (GLD), (DGZ), (GLL) 1) All That is Gold Does Not Glitter. In the wake of gold's panic inducing $30, one day sell off on Friday, players across the hedge fund universe are reassessing their relationship with the barbarous relic. What started out as a long term commitment is suddenly morphing into a
It's very difficult for me to come up with a bullish scenario for the economy when I add up all the individual components,' said Meredith Whitney, a boutique research analyst.
(SPECIAL TREASURY BOND ISSUE) Featured Trades: (THE TREASURY BOND CRASH IN PROGRESS) 1) The Case Against Treasury Bonds. If you want to delve into the case against the future of US Treasury bonds in all its glory, take a look at the November/December issue of Foreign Affairs, the establishment bimonthly journal read by academics, intelligence
(SPECIAL TREASURY BOND ISSUE) Featured Trades: (TBT), (THE TECHNICAL CASE AGAINST BONDS) 2) The Technical Case for the TBT. Louise Yamada, one of the most widely followed technical analysts in the market, says the 29 year bull market in Treasury bonds is coming to a close. Looking at the 200 year history of interest rates
(SPECIAL TREASURY BOND ISSUE) Featured Trades: (AFRICA), (GAF), (EZA), (AFK) 3) Feel Like Investing in a State Sponsor of Terrorism? How about a country whose leaders have stolen $400 billion in the last decade and have seen 300 foreign workers kidnapped? Another country lost four wars in the last 40 years. Still interested? How about
Featured Trades: (THE POPULATION BOOM) 1) The Population Boom. On this most important day of the crop report, I thought that I would refer you to one of my favorite unconventional research sources, National Geographic Magazine. In their century long coverage of exotic places, cultures, and practices, they inadvertently shed light on broad global
