Bernanke keeps his options open. And we remain opportunistically bullish.
The Money Moves AlertFriday, August 31, 2007By Horacio Marquez
Email – #116
** Bernanke keeps his options open. And we remain opportunistically bullish.
During his address at the Kansas City Fed’s annual economic symposium in Jackson Hole, Wyoming today (Friday), Fed Chairman Ben S. Bernanke did acknowledge the problems in the markets for both housing and market asset-backed [...]
Watch For This Company to Enter The Global Arena Soon
The Money Map Reporter Tuesday, August 28, 2007
In This Issue** Watch For This Company to Enter The Global Arena Soon
Dear Money Map Report Reader,
Welcome to the first issue of The Money Map Reporter . Every week, I’ll be updating subscribers on some of the investment positions in our Money Map Portfolio . Positions you may [...]
The Fed Injects Liquidity in the Markets
The Money Moves AlertMonday, August 27, 2007By Horacio Marquez
Email – #115
** The Fed Injects Liquidity in the Markets
The Federal Reserve keeps injecting liquidity in the markets, an appropriate way to deal with the temporary liquidity squeeze, without acknowledging some investor calls to cut rates. Our recent picks, Cameco (NYSE: CCJ) and Lehman Brothers (NYSE:LEH), are stabilizing [...]
Profit-taking in China Life call options
Monday, August 27, 2007By Horacio Marquez
Email – #60
** Profit-taking in China Life call options
Our China Life (NYSE: LFC) October 2007 $55 call options are up nearly 800%, and our China Life stock is up over 10% just today, having broken a key resistance point.
We are going to take this opportunity to sell one-third of our [...]
Market Update
Monday, August 27, 2007By Horacio Marquez
Email – #59
** Market Update
Our recent picks of Aluminum Corps of China (NYSE: ACH) and iShares FTSE/Xinhua China 25 Index (NYSE: FXI) – which we bought back after booking profits of 60% and 33%, respectively – are doing great. Both closed Friday at an all-time high. The same happened with [...]
The Fed Acts Appropriately, And Starts The Bottom-Forming Process
The Money Moves AlertMonday, August 20, 2007By Horacio Marquez
Email – #114
** The Fed Acts Appropriately, And Starts The Bottom-Forming Process
We can feel very good about the stocks we recently sold – especially when we see how much lower those stocks have fallen. Just consider: BTU 16% below our exit priceCHL 4% belowEWJ 7% belowEWM10% belowRIG 6% [...]
The Fed squeezes shorts and helps the bottom-forming process
Friday, August 17, 2007By Horacio Marquez
Email – #58
** The Fed squeezes shorts and helps the bottom-forming process. We expect a re-test of the bottom within the next few weeks.
Today, we have options expirations. Back in 1998, two days before options expiration day and in the midst of the Long Term Capital Management (LTCM) meltdown, the [...]
"In times of financial distress, I love financial assets."
The Money Moves AlertThursday, August 9, 2007By Horacio Marquez
Email – #113
** “In times of financial distress, I love financial assets.”
We’re taking advantage of market volatility to buy into strong companies at fire-sale prices: Lehman Brothers (NYSE: LEH) and Cameco (NYSE: CCJ). Last week, we wrote: “Do not expect much in Fed-speak to be supportive of markets [...]
We are back into ACH and FXI. LFC, GRRF, and XING recover.
Thursday, August 9, 2007By Horacio Marquez
Email – #57
** We are back into ACH and FXI. LFC, GRRF, and XING recover.
The Fed gave us what I anticipated, a very mild acknowledgement that economic risks have increased and credit conditions have tightened, but no ease in interest rates. Very importantly, they did not take their eye from [...]
Urgent Alert
Wednesday, August 8, 2007By Horacio Marquez
Email – #56
** Urgent Alert
I will follow up shortly with an analysis.
In the meantime, here are my recommendations.
Actions to Take:
Buy iShares FTSE/Xinhua China 25 Index (NYSE: FXI) at market.
Buy Aluminum Corp. of China Ltd. (NYSE: ACH) at market.
Enjoy and Profit,
Horacio Márquez
All New China Trader recommendations will be posted on [...]
