Bulls make money; bears make money; pigs get slaughtered… Time to take some profits. Sell Cameco and Transocean
The Money Moves AlertFriday, June 29, 2007By Horacio Marquez
Email – #102
** Bulls make money; bears make money; pigs get slaughtered… Time to take some profits. Sell Cameco and Transocean
It always looks great from the top. At the top, everybody likes what they see – and who wants to derail a stream of good profits?
And this [...]
Prudence dictates that we take some profits…
Friday, June 29, 2007By Horacio Marquez
Email – #49
** Prudence dictates that we take some profits. But our medium and long-term outlooks remain bullish…
We’ve remained staunch bulls since our early March decision to accumulate positions. And it has served us well. Despite market pundits selling off at the very first sign of headwinds, we’ve remained long [...]
We Remain Bullish as Technology Takes Off and Our Energy Plays Keep Moving Up
The Money Moves AlertFriday, June 22, 2007By Horacio Marquez
Email – #101
** We Remain Bullish as Technology Takes Off and Our Energy Plays Keep Moving Up
Interest rates are retracing down, as we anticipated last week. And our picks are flying, despite recent market volatility.
Advanced Micro Devices (NYSE: AMD) was up some 10% in only two days. [...]
We Remain Bullish into Next Week's Fed's Meeting – China Rallies
Friday, June 22, 2007By Horacio Marquez
Email – #48
** We Remain Bullish into Next Week’s Fed’s Meeting – China Rallies
Despite the noise in U.S. markets, China keeps chugging along – and so is our portfolio. We see Aluminum Company of China (NYSE: ACH), PetroChina (NYSE: PTR) and iShares FTSE/Xinhua China 25 Index (NYSE: FXI) charting new [...]
The Market is on Fire and Ready to Take Off
The Money Moves AlertFriday, June 15, 2007By Horacio Marquez
Email – #100
** The Market is on Fire and Ready to Take Off
Once more, we did not fall for a barrage of “head fakes” and remain bullish.
We had a few flawed interpretations of developments in the market that created a ton of volatility, exacerbated by today’s options [...]
Urgent Alert
Friday, June 15, 2007By Horacio Marquez
Email – #46
** Urgent Alert
I will follow up shortly with an analysis of our portfolio.
In the meantime, here are my recommendations.
Action to Take:
Sell half of our remaining position in Aluminum Corporation of China’s (NYSE: ACH) August $30 call options (ACH-HF). Do not sell below $12.10
Double your position in China Life [...]
The Market Head-Fake Makes Us Even More Bullish
Friday, June 15, 2007By Horacio Marquez
Email – #47
** The Market Head-Fake Makes Us Even More Bullish
Just as I wrote that everything was clear, we got a plethora of unwarranted market distortions that took some time to interpret. For a week, we were all U.S. Treasury traders.
Japan’s “Surprise” Growth
The market initially saw Japan’s “surprise” GDP strong [...]
Another Head Fake by the Markets: We Remain Bullish
Friday, June 8, 2007By Horacio Marquez
Email – #45
** Another Head Fake by the Markets: We Remain Bullish
The week began with Fed Chairman Ben Bernanke throwing some cold water over the markets by emphasizing that inflationary risks remain to the upside.
The next day, Goldman Sachs’ Chief Economist Jan Hatzius threw in the towel on hopes for [...]
All clear ahead. Goldilocks is here.
The Money Moves AlertMonday, June 4, 2007By Horacio Marquez
Email – #98
** All clear ahead. Goldilocks is here.
Last week, I wrote: “Next week we can expect the confirmation of our current outlook, an economy that is neither too hot nor too slow, and declining inflation worries.”
That is exactly what we saw now. Employment figures came out [...]
We Add to Positions to Take Advantage of Recent Mini-Correction
Monday, June 4, 2007By Horacio Marquez
Email – #44
** We Add to Positions to Take Advantage of Recent Mini-Correction
We saw last week the tripling of a stamp tax on stock trades by the Chinese government – an attempt to cool off the huge run-up of their local class A shares market. This market, exclusively for locals, [...]
