Don't Fall For Rearview-Mirror Bias
In This Issue:
**Don’t Fall For Rearview-Mirror Bias
At a time when the markets can’t tell whether they are coming or going, we’ll stick with going up.
Not only is it more profitable, but it’s one heck of a lot steadier, too.
For instance, our latest recommendation, Luxembourg-based ArcelorMittal (MT), has already risen 5.89% while Tokyo-based Japanese gaming giant [...]
Quick update on Lehman's improved financial strength, Raser Technologies and ridiculous rumors being maliciously planted in the market
Email – #162
** Quick update on Lehman’s improved financial strength, Raser Technologies and ridiculous rumors being maliciously planted in the market
Regulators around the world are hard on the job, tracking malicious, fabricated rumors about Lehman Brothers (NYSE: LEH) and other financials. Somebody placed a huge put spread earlier this week on Lehman shares, immediately causing [...]
Time to get back into Petrobras
Email – #160
** Time to get back into Petrobras
We left Petrobras (NYSE: PBR) and took profits on a valuation basis before, looking to get back in at lower levels. Well the lower levels are here and consolidated.
Today, oil inventory supplies confirm the scarcity in the United States. And the U.S. economy will be rebounding later, [...]
Defy The Doomsdayers with EWT
Email – #103
** Defy The Doomsdayers with EWT
Despite rampant hype and overwhelming negative news, we’ve maintained our focus when it comes to buying the best global players doing business “because” of China.
And that’s paying off handsomely.
Not only have we sidestepped the 38.68% decline in Chinese equities since December, we’ve continued to take profits along the [...]
Bear This at $10 or at $2?; Buy CE Under $40
In This Issue:
**Bear This at $10 or at $2?; Buy CE Under $40
I can’t help but be reminded of a two-year old’s temper tantrum when I scan the news today, particularly the stories about Bear Stearns.
Somehow shareholders who thought things were hunky dory when Bear Stearns traded at $150 a share didn’t like JPMorgan’s $2 [...]
Is This the Real Deal? Keep The Stops on KNM + Stopped Out of SRS and SKF
In This Issue:
**Is This the Real Deal? Keep The Stops on KNM + Stopped Out of SRS and SKF
It’s hard to sit back and watch the markets on days like today.
We know that may seem counter-intuitive, but here’s the thing. From a quantitative perspective, big up days are just as unusual as big down days. [...]
New Recommendations
Email – #157
** New Recommendations
Recommendations:
Buy Icici Bank (NYSE: IBN) at market
Aggressive investors should consider Icici Bank September $55 calls (symbol: IBN-IK). Do not pay more than $2.55
Aggressive investors should consider buying the S&P 500 SPDRs (Amex: SPY) September $135 calls (symbol: SFB IE). Do not pay more than $7.80.
Details will be following shortly.
Enjoy and [...]
Let's Take Advantage of a Dysfunctional Market
Email- #158
** Let’s Take Advantage of a Dysfunctional Market
The market is hugely dysfunctional since the open today.
I see many extremely unusual developments. The type of developments that are eye-opening and should be taken advantage of.
Much in the same way that the winning strategy is to sell into a short squeeze, when one sees forced liquidation, [...]
Raise Stops On Konami (Again) and Set Stops On SKF and SRS
In This Issue:
**Raise Stops On Konami (Again) and Set Stops On SKF and SRS
While yesterday’s rally was spectacular by any standards, we’re leery of such a move given that none of the underlying fundamentals have changed.
In fact, we wonder just how the markets will react if the Federal Reserve doesn’t lower rates as much as [...]
Pair HNP With Put Options To Hedge Our Risk
Email – #101
** Pair HNP With Put Options To Hedge Our Risk
We won’t spare any words here.
We love to hate this Huaneng Power International, Inc.’s (HNP) stock right now. Today, it traded a new 52-week low. It’s been beaten up by doubts over rising coal prices as a sort of “anti-coal play” that will have [...]
