RYURX is standing tall – even after a rally
** RYURX is standing tall – even after a rally
** EWZ’s on the move
** Patience when it comes to the Yen
Dear Reader,
While it was certainly tempting to sell RYURX last week in the face of such a strong rally, history suggests that would be a mistake, especially now. If we’ve learned [...]
GSI and WH are on the move
Email – #173
**A big week and more profits with EDU and PetroChina – Congratulations!
**GSI and WH are on the move
We’ve had a great couple of weeks here at the New China Trader and I’m sure you were as tickled pink as I was to see our PetroChina options expire worthless on March [...]
Speculative buy: Ivanhoe Mines (NYSE: IVN)
Email – #260
** Speculative buy: Ivanhoe Mines (NYSE: IVN)
For many years I have been following Ivanhoe Mines, a Canadian company that owns Oyu Tolgoi, the largest gold and copper mine project in the world. The project, despite its incredibly large potential (it should triple Mongolia’s GDP once in place and running), has been stuck in [...]
Volatility Works In Our Favor – Make Sure You’re Ready To Capture Profits on SPY
Email – #17
**Volatility Works In Our Favor – Make Sure You’re Ready To Capture Profits on SPY
While today’s volatility is killing people who couldn’t resist the rally’s siren song last week, it’s actually great for our SPY spread, which is trading at $3.98 as I write this. Assuming you got in at [...]
Cautiously optimistic or optimistically cautious – we’ll take the latter with HYG
January 13, 2009
**Cautiously optimistic or optimistically cautious – we’ll take the latter with HYG
Dear Reader,
Wall Street opened flat Monday and proceeded to lose ground on concerns that fourth-quarter earnings will signal a worsening of the recession. Yet, at the same time, there’s a cautious optimism building that Congress will push the remaining $350 billion in [...]
What To Do When Bad Is “Good”
In This Issue:
** What To Do When Bad Is “Good”
Our most recent recommendations, SPDR Gold Shares (GLD) and Barrick Gold (ABX), are tracking nicely as expected: up 3.29% and 9.91% as of last night’s close. We have no doubt that they’ve got the potential to run far higher into 2009.
While we could point to any [...]
Sec. Geithner delivers the toxic asset plan that we and the market requested. Our positions continue to fly higher, as we anticipated repeatedly.
Email – #259
** Sec. Geithner delivers the toxic asset plan that we and the market requested. Our positions continue to fly higher, as we anticipated repeatedly.
For the last few months we have been clamoring in these pages for a resolution mechanism for the toxic assets. We even took the liberty to make a few [...]
Morgan Stanley has a strong day – we’ll capture profits for the second
Email – #25
** Morgan Stanley has a strong day – we’ll capture profits for the second
Wow, what a day for the Geiger. Already we were able to capture 70% of our targeted profit on our TBTPN trade as we were able to execute the trade at $0.15.
Now we have a chance to [...]
TBT’s strength is our friend – let’s capture some profits
Email – #24
** TBT’s strength is our friend – let’s capture some profits
The ProShares UltraShort 20+Year Treasuries (TBT) is showing strength as the dust is settling and the market is digesting yesterday’s rally- and that’s great for our April ‘09 $40 puts (TBTPN) position. Even though we still have 25 days [...]
