Some Good News on Global Growth
Email – #59
Dear Reader,
The recent fallout of the Aramanth fund has reverberated through the market. How sad it is for a huge organization to be destroyed by a rogue trader. The news today indicates that Amaranth, the huge hedge fund, will be liquidated. Amaranth lost some 60% of its equity from the forced liquidation that [...]
China's Growth Expected to Accelerate… We Go for Commodities
Email – #7
Dear Reader,
Last week I confirmed the bottom in energy prices with Amaranth’s positions landing in solid hands. This bottom in energy, coupled with the expected increase in the rate of appreciation in the yuan, will help PetroChina (NYSE:PTR) and our other picks, iShares FTSE/Xinhua China 25 Index (NYSE:FXI) and iShares MSCI Malaysia Index [...]
Keep Playing Energy and Keep the Powder Dry
The Money Map AdvantageFriday, September 22, 2006By Horacio Marquez
Email – #58
** Keep Playing Energy and Keep the Powder Dry
Last night I noticed an event that had not occurred since the last days of last winter: my heating system turned on. As temperatures dropped in the northeast of the U.S., this event was repeated in millions [...]
China Accelerates the Yuan's Appreciation and Energy Makes A Bottom
Email – #6
Dear Reader,
After having seen PetroChina (NYSE:PTR), our last pick, rally some 2% at the beginning of the week, we saw it close some 1% down today. One of the key ingredients is in place: the acceleration in the rate of appreciation of the yuan vis á vis the U.S. dollar. We confirmed this [...]
It's Time to Buy the Premier Oil Company in China
Email – #5
Dear Reader,
On Thursday, the IMF brought global growth estimates up by 0.2% to 5.1% for 2006 and to 4.9% in 2007. And it’s expecting China to continue with its rapid growth.
Also last week, I heard similar expressions of confidence in global and in U.S. growth from the very well respected C. Fred Bergsten, [...]
Quadruple Witching Day – And A Long-Awaited Play In Uranium
The Money Map AdvantageFriday, September 15, 2006By Horacio Marquez
Email – #57
** Quadruple Witching Day – And A Long-Awaited Play In Uranium
Today we have a quadruple witching date, which means that all September equity and index options expire. We also had the all-important CPI this morning and if this were not enough for major events, next [...]
China and Europe Scramble for Soft Commodities Leads Us to Buy Malaysia.
Email – #4
Dear Reader,
Recommendations:
Buy the iShares MSCI Malaysia Index Fund (AMEX:EWM) at market.
For aggressive investors, buy the iShare China 25 Index (NYSE:FXI) September 2006 $80 calls (IKI-IB) at $0.60 or less.
The U.S. markets have been on an uptrend since mid-June, as I predicted. I have been digging into different companies and plays on China and [...]
Another Bond Vigilante Bites the Dust – Economic Numbers Keep Confirming Our View
The Money Map AdvantageTuesday, September 5, 2006By Horacio Marquez
Email – #56
** Another Bond Vigilante Bites the Dust – Economic Numbers Keep Confirming Our View
In my last update, I told you how I visited with a top investment bank and a top hedge fund to confront their end-of-creation scenario. The investment bank was one of the [...]
