This is a stock that could double by the end of 2015. Buy a great performing stock in the top performing sector on a 10% dip. The stock has over reacted to an earnings report that was fantastic; but carried conservative forward guidance, based on expected future pricing pressure on its blockbuster Hepatitis C drugs,
Global Market CommentsFebruary 4, 2015Fiat Lux Featured Trade:(SOLAR STOCKS GET A JOLT),(SCTY), (SUNE), (SPWR), (TAN),(IS THE REAL ESTATE MARKET CATCHING COLD?),(ITB), (KBE) SolarCity Corporation (SCTY)SunEdison, Inc. (SUNE)SunPower Corporation (SPWR)Guggenheim Solar ETF (TAN)iShares US Home Construction (ITB)SPDR S&P Bank ETF (KBE)
The blockbuster for me in President Obama?s budget speech on Monday was his suggestion that the 30% alternative energy investment tax credit be made permanent. All solar stocks, including front-runners Solar City (SCTY), Sun Edison (SUNE), and SunPower (SPWR), rocketed on the news. Now slated to expire at the end of 2017, the tax break
I used to begin my pieces about residential real estate talking about the broker I found hanging from the showerhead at an open house. That didn?t really happen. But from 2008-2012 conditions were so dire that it could have. That is clearly not the case any more. The market has been on fire for the
Global Market CommentsFebruary 3, 2015Fiat Lux Featured Trade:(FEBRUARY 4 GLOBAL STRATEGY WEBINAR),(HOW TO LOSE MONEY),(LINE), (USO),(THE MARKET?S TECHNICAL OUTLOOK IS TERRIBLE),(SPY), (QQQ), (IWM), (T), (AA), (FXY),(TESTIMONIAL) Linn Energy, LLC (LINE)United States Oil ETF (USO)SPDR S&P 500 ETF (SPY)PowerShares QQQ Trust, Series 1 (QQQ)iShares Russell 2000 (IWM)AT&T, Inc. (T)Alcoa Inc. (AA)CurrencyShares Japanese Yen ETF (FXY)
I?m really glad I watched the Super Bowl yesterday. Not only was it a great warm-up for next year?s championship game, which will be in my hometown of San Francisco. I also witnessed the worst coaching call in football history. The Seattle Seahawks had the game in the bag. All they had to do was
At yesterday morning?s opening bell, we were greeted with the unmistakable evidence the stock market is technically breaking down. The Dow Average has broken its three-year upward sloping trend line. Market leading sectors, like Consumer Discretionary and Financials have all put in eminently convincing ?Head and Shoulders? tops (click here). More distressingly, the head and
Really enjoyed the Chicago lunch with you, Jim and the guys from Toronto. My trading improved just from the two-hour lunch seminar. Looking forward to coming in the spring if you do another Chicago lunch. Thanks, Rich Detroit, Michigan
Global Market CommentsFebruary 2, 2015Fiat Lux Featured Trade:(THE GREAT AMERICAN ROT IS ENDING),(SPY), (TLT), (FXY), (FXE), (USO) SPDR S&P 500 ETF (SPY)iShares 20+ Year Treasury Bond (TLT)CurrencyShares Japanese Yen ETF (FXY)CurrencyShares Euro ETF (FXE)United States Oil ETF (USO)
Global Market CommentsJanuary 30, 2015Fiat Lux Featured Trade:(FEBRUARY 4 GLOBAL STRATEGY WEBINAR),(SIGN UP NOW FOR TEXT MESSAGING OF TRADE ALERTS),(QCOM), (SPY),(THE CHINA VIEW FROM 30,000 FEET)(FXI), (DBC), (DYY), (DBA), (PHO) QUALCOMM Incorporated (QCOM)SPDR S&P 500 ETF (SPY)iShares China Large-Cap (FXI)PowerShares DB Commodity Tracking ETF (DBC)PowerShares DB Commodity Double Long ETN (DYY)PowerShares DB Agriculture ETF (DBA)PowerShares
Global Market Comments January 29, 2015 Fiat Lux Featured Trade: (QUALCOMM GUIDANCE CRUSHES STOCK), (QCOM) (BUSINESS IS BOOMING AT THE MONEY PRINTERS), (TESTIMONIAL) QUALCOMM Incorporated (QCOM)
It seems that the harder I work, the luckier I get. Last week I made a bet that companies with a high share of international business would be punished severely during earnings season. Specifically, I picked QUALCOMM (QCOM), the San Diego based maker of processors for cell phones, tablets, and laptops, because it had the
Global Market CommentsJanuary 28, 2015Fiat Lux Featured Trade:(THE UNINTENDED CONSEQUENCES OF THE EURO CRASH),(FXE), (EUO)(CAT), (PG), (MSFT), (M), (FDO), (COST), (TGT), (WMT)(RSP), (QQQ), (IWM)(WATCH OUT FOR THE HEAD AND SHOULDERS)(SPY), (QQQ), (TLT), (FXE), (FXY), (GLD), (SLV) CurrencyShares Euro ETF (FXE)ProShares UltraShort Euro (EUO)Caterpillar Inc. (CAT)The Procter & Gamble Company (PG)Microsoft Corporation (MSFT)Macy's, Inc. (M)Family Dollar
For those of you who heeded my expert advice to buy the ProShares Ultra Short Euro ETF (EUO) last July, well done! You are up a massive 48%! This is on a move in the underlying European currency of only 18.5%. My browsing of the Galleria in Milan, the strolls through Spanish shopping malls, and
Global Market CommentsJanuary 27, 2015Fiat Lux Featured Trade:(MORE PAIN TO COME IN OIL)(USO), (XOM), (OXY), (COP), (DAL)(THE SERVICE JOB IN YOUR FUTURE), (MCD) United States Oil ETF (USO)Exxon Mobil Corporation (XOM)Occidental Petroleum Corporation (OXY)ConocoPhillips (COP)Delta Air Lines, Inc. (DAL)McDonald's Corp. (MCD)
There are very few people I will drop everything to listen to. One of the handful is Daniel Yergin, the bookish founder and CEO of Cambridge Energy Research Associates, the must-go-to source for all things energy. Daniel received a Pulitzer Prize for The Prize: The Epic Quest for Oil, Money, and Power, a rare feat
Global Market CommentsJanuary 26, 2015Fiat Lux SPECIAL RAILROAD ISSUE Featured Trade:(WILL THE OIL BUST KILL THE RAILROADS?),(UNP), (CSX), (NSC), (CP), (ACI),(TESTIMONIAL) Union Pacific Corporation (UNP)CSX Corp. (CSX)Norfolk Southern Corporation (NSC)Canadian Pacific Railway Limited (CP)Arch Coal Inc. (ACI)
No, not really. I was fascinated by the recent comments made by Union Pacific (UNP) CEO, Jack Koraleski, about the current robust health of his company. Fourth quarter profits rocketed by an amazing 22% and those stellar numbers look set to continue. I love railroads, not because they used to belch smoke and steam and
?China has been doing everything right for the last ten years. Our government is made up of 'C' students that were political science majors, whereas, the Chinese government is made up of PhD's that were educated at Cambridge and Harvard,' said one Washington observer.
Global Market Comments January 23, 2015 Fiat Lux Featured Trade: (STOCKS TO BUY AT THE BOTTOM), (CRASH TESTING THE TESLA), (TSLA) Tesla Motors, Inc. (TSLA)