Global Market Comments September 4, 2009 SPECIAL NON-FARM PAYROLL ISSUE Featured Trades: (CRUDE), ($WTIC),(DXO) (GOLD), (GLD), (KGC), (JAG), (RGLD)1) So who was the dummy that waited until August to lay off their workers? Fire the bastard! Apparently, there are a large number of managers out there who don't read newspapers, watch TV, or talk to
Global Market Comments September 3, 2009 Featured Trades: (FNM), (FRE), (UNP)1) The hedge fund industry is emerging from the ashes of 2008, and will inevitably grab a larger share of the investing public?s assets. Low interest rates and hero status made it way too easy for inexperienced, untested, and sometimes unscrupulous managers to raise new
Global Market Comments September 2, 2009 Featured Trades: (MONGOLIA), (SPX), (IVN), (RTP), (FSLR),(STP) (YGE), (LEN), (DHI), (TOL)1) US stocks are now the most expensive they have been in seven years, and never really got cheap during the March low, just fairly valued. At least I have some good company in my views, which are also
Global Market Comments September 1, 2009 SPECIAL SAN FRANCISCO MONEY SHOW ISSUE 1) I attended the Woodstock of investment conferences last week, the San Francisco Money Show, as a correspondent for financial blog aggregator and research provider www.seekingalpha.com. The cavernous Marriot convention center was absolutely bubbling with new ideas, where you couldn't walk five feet
Global Market Comments August 31, 2009 SPECIAL ??CHEAP THINGS TO BUY? ISSUE Featured Trades: (CHK), (XTO), (SWN), (HK), (WHEAT), (WZ09) 1) Note to self. Don?t do your midnight pee next to the bear box. They?re called that for a reason. And I?m sorry that my shouting at the hungry, six foot tall black bear standing in
Global Market Comments August 21, 2009Featured Trades: (NATURAL GAS), (UNG), (LITHIUM), (OPTT), (HANG SENG), ($HSI)1) Many traders are staring at their screens with rapt attention to see if natural gas can hold the new seven year low of $3. If it does, you can expect an explosive rally back to $3.50. If it doesn?t, the
Global Market Comments August 19, 2009SPECIAL DEMOGRAPHIC ISSUEFeatured Trades: (VIETNAM), (VNM), (POPULATION PYRAMIDS)1)Desperate homeowners counting on a 'V' shaped recovery in residential real estate prices better first take a close look at global demographic data, which tells us there will be no recovery at all. I have been using the US Census Bureau's population pyramids
Global Market Comments August 18, 2009 Featured Trades: (SPX), (T), (SILVER)1) Wow! One triple digit move down in the Dow, and all of a sudden, everyone is bearish.? Once invisible falling home prices, soaring deficits, bogus corporate earnings, catatonic consumers, a crashing Shanghai market, and a suicidal Baltic Dry Shipping Index? are now staring nervous
Global Market Comments August 17, 2009Featured Trades: (SUGAR), (CRUDE), (NATURAL GAS), (CHK)1) I?m sorry I?m late with my letter today, but the lady in front of me in line at MacDonald?s (MCD) with the four screaming kids maxed out all four of her credit cards buying some hamburgers and happy toys. Her new SUV with
Global Market Comments August 14, 2009Featured Trades: (GG), (GOLD), (BRAZIL), ($BVSP), (EWZ) 1) Charles Jeannes, CEO of Goldcorp (GG) (visit their website ) sees an all time high for the yellow metal of $1,050 by the end of the year. His Canadian company is the world's leading low cost, unhedged producer of the barbaric relic,