Take Profits on GLD
Email – #14 – Take Profits on GLD
When I said we would take the money and run in our GLD trade if we got the chance, I had no idea that less than 24 hours later we’ve be doing just that. But with gold’s precipitous drop this morning, we’ve got the chance to lock in [...]
If you’re following along with our speculative GLD trade, here’s what to do now
Email – #13 -
**If you’re following along with our speculative GLD trade, here’s what to do now
**If you’re not, then wait for Thursday’s new trade
I know it may not feel like it, but we’ve actually come through one of the rockiest periods in market history relatively unscathed. Not completely, but relatively… and that’s actually [...]
Buy Energy Now – No Really!
**Buy Energy Now – No Really!
Dear Reader,
With the economy in the toilet and prices in the hopper, the notion of going “long” energy right now might seem like a move that will lower our portfolio returns over the long haul.
Not true.
In fact, now’s precisely the time that you want to establish an energy position or [...]
Buy to close PTR puts and bank the profits
Email – #169
**Buy to close PTR puts and bank the profits
**China’s Stimulus Starts With HNP
**WH pops 26.59% yesterday
**New Recommendation: Buy General Steel (GSI)
There’s a lot happening in China this week so let’s jump right in.
Profits first:
To capitalize on the market’s fits and starts last month, we sold three sets of PetroChina March $55 puts (.pwkok) [...]
Your New Conference Call Phone Number and Passcode
Email – #12 – Your New Conference Call Phone Number and Passcode
It’s just about time for our next conference call! Here are all the details you’ll need to know to join in on the call.
Our call will begin at 4pm EST this Thursday, March 19. On the call, I’ll give you all the details on [...]
There are bigger forces than us at work – let’s stand aside
Email – #11 – There are bigger forces than us at work – let’s stand aside
While the reasons for the rally are dubious at best, it’s a rally nonetheless. And while that’s a welcome relief when it comes to regular investments, it’s hurting the remaining half of our SPY trade.
So let’s stand aside for now. [...]
Progress in securitization and resolution of bank’s viability seems closer: our picks rally strongly and there is more to come
Email – #257
** Progress in securitization and resolution of bank’s viability seems closer: our picks rally strongly and there is more to come.
The most pressing issues facing the markets right now are the mark to market situation and the elimination of the uptick rule. I have been writing about them for ages, and finally, the [...]
Flapping Wings
Email – #25
** Flapping Wings
There’s been a lot of talk about stimulus – and multiple plans put forward about reinvigorating the extension and flow of credit. So far, all I see, hear, and feel amounts to no more than flapping wings.
We take action based on Trigger Events. And we’ve pulled several triggers based [...]
Stopped out of DRR this morning – here’s a new entry to replace it
Sensitive Alert Information, Members please open.
