Whatever you are doing, you are trading oil – whether you like it or not.
Email – #179
** Whatever you are doing, you are trading oil – whether you like it or not.
The recent call by Goldman Sachs and T. Boone Pickens for $150-dollar oil and beyond
caused a correction to the market. Since that episode, the S&P 500, the Nasdaq and
the Dow have been trading with oil tick by tick. [...]
Get Ready to Take Profits…and Line Up For More!
In This Issue:
**Get Ready to Take Profits…and Line Up For More!
By Keith Fitz-Gerald
Investment Director
The Money Map Report
Despite all the press and months of warnings from yours truly, many investors have been broadsided by higher energy costs and continued economic certainty.
That’s too bad for them.
But great for us since we can use their uncertainty to lock [...]
Jack Be Nimble…Yanzhou Coal Mining January 90 Puts Up 29.47% Earlier Today
Email – #114
** Jack Be Nimble…Yanzhou Coal Mining January 90 Puts Up 29.47% Earlier Today
Last Thursday, we suggested that you buy Yanzhou Coal Mining’s January 2009 $90 puts (.YZCMR) under $9.50.
Earlier this morning they traded at $12.30, which was close to our immediate price target of $12.50…but no cigar.
It’s still overheated and the immediate spike [...]
Get Ready to Take Profits…and Line Up For More!
In This Issue:
**Get Ready to Take Profitsand Line Up For More!
Despite all the press and months of warnings from yours truly, many investors have been broadsided by higher energy costs and continued economic certainty.
That’s too bad for them.
But great for us since we can use their uncertainty to lock in profits and line up for [...]
Reducing our exposure some more
Email – #178
** Reducing our exposure some more.
As we discussed recently, the oil market at these levels will put additional pressure on the United States and the world economy. Eventually, energy-demand destruction, profit-taking and the capitulation of the vast amount of speculation in the energy markets will cause a crash in energy prices. But in the meantime, [...]
Buy Yanzhou Coal Mining January 90 puts under $9.50
Email – #113
** Buy Yanzhou Coal Mining January 90 puts under $9.50
Sometimes it takes a few tries to get a trading position right.
With that in mind, let’s try to land another upper cut on Yanzhou. It’s still overheated and by all technical indicators ripe for a quick temporary pullback.
But be nimble and quick if you [...]
The Fed reduces their growth forecast and the markets correct. We will keep our core positions, reduce some risk and keep adding to our longer-term plays.
Email – #177
** The Fed reduces their growth forecast and markets correct. We keep our core positions, reduce some risk and keep adding to our longer term plays.
The Fed released its Beige Book, which showed a deteriorating economic outlook – this contrasts with recent better-than-expected economic data. More troubling was the fact that they see [...]
Recommendations
Email – #176
** New Recommendations
Recommendations:
Sell: iShares MSCI Australia ( NYSE: EWA) at market.
Sell: iShares MSCI South Korea ( NYSE: EWY at market.
Add another 1/12, in US dollar terms, to our positions in both Cemex (NYSE: CX) and Embraer (NYSE: ERJ) , whose outlooks remain extremely strong, and where we are dollar-cost averaging in.
Enjoy and Profit,
Horacio [...]
Buy Perfect World Co. Ltd. (PWRD) under $28
Email – #115
** Buy Perfect World Co. Ltd. (PWRD) under $28
Forget the recession, inflation or even frightened consumers.
They don’t apply in China.
And certainly not when it comes to Internet gaming.
We’ve been tracking Beijing-based Perfect World Co., Ltd. (PWRD) for a while now and the timing finally looks right to get in.
But don’t wait.
The company’s stock [...]
Selling Yanzhou Coal Puts Again & Donating to Earthquake Relief
Email – #111
** Selling Yanzhou Coal Puts Again & Donating to Earthquake Relief
At 4:58 this morning in downtown Beijing, the National Flag Raising ceremony got underway – just like it does every day.
And it was promptly lowered to half-mast as China entered its third national day of mourning for the thousands killed during the May [...]
