Featured Trades: (LOS ANGELES STRATEGY LUNCHEON REVIEW) 1) Los Angeles Strategy Luncheon Review.? Even though I grew up in Los Angeles during the fifties and sixties, visiting today feels like a trip to an exotic foreign country. It's as if the city was destroyed in some terrible war and rebuilt in a hodgepodge way, as
Featured Trades: (A SCALP IN THE FINANCIALS) 2) There is @$*% Scalp Here in Financials. Regular readers of this letter are well aware that I despise financial stocks for the worthless pieces of paper that they are. Therefore, I think you should rush out and buy financials stocks right now. There is a method to
Featured Trades: (BUY THE &%$#! DIP) 3) Buy the &%$#! Dip. For proof that I will leave no stone unturned in my eternal search for market insight, look no further than the video link below of two imaginary fund managers debating how to deal with the current market. I think the message is 'buy the
Lunch with the Central Intelligence Agency is always interesting, although five gorillas built like brick shithouses staring at me intently didn't help my digestion. Obama's pick of Leon Panetta as the agency's new director was controversial because he didn't come from an intelligence background- upsetting the career spooks at Langley to no end. But the
Featured Trades: (THE REAL ESTATE MARKET IN 2030) 3) The Real Estate Market in 2030. A number of analysts, and even some of those in the real estate industry, are finally coming around to the depressing conclusion that there will never be a recovery in residential real estate. Long time readers of this letter
Featured Trades: (TBT TRADE ALERT) 2) Trade Alert for the (TBT). It's time to get in on the greatest short play of the coming decade. I have been pounding the table that investors should pile into the (TBT), the 200% leveraged bet that Treasury bond prices would go down, since August. It rose 28% after
Featured Trades: (SSO TRADE ALERT), (NSANY), (TM), (TTM) 3) Trade Alert for the (SSO). After the Dow's impressive 250 point blast off to the upside yesterday, my phone started ringing off the hook. Fundamental and technical analysts around the world were screaming at me that a major breakout was at hand, it was off to
Featured Trades: (PORTLAND STRATEGY LUNCHEON) 1) The Portland Thanksgiving Strategy Luncheon. Many thanks to all who attended the First Annual Portland Thanksgiving Strategy Luncheon, whose repartee, give and take, and wide-ranging debate made the event well worth the trip from Fog City. I always take in more from these events than I dish out, which
Featured Trades: (CHEVY VOLT REVIEW), (NSANY), (GM) 2) My Anti Review of the Chevy Volt. In 2011, we will we be deluged by an onslaught of advertising praising the virtues of the electric car, as models like the Nissan Leaf (NSANY) and the Chevy Volt (GM) hit the market. If last week's San Francisco
Featured Trades: (JAPANESE YEN), (FXY), (YCS) 3) Your Engraved Invitation to Sell the Yen. It is looking like the worm has finally turned on the Japanese currency. After tickling ?80.20 for a nanosecond on November 1, it has swan dived. It didn't even rally during Thanksgiving week, when Uncle Buck momentarily sold off against most
