S&P 500 extends best quarterly rally since 1998 and our positions go with it
Email – #43
**S&P 500 extends best quarterly rally since 1998 and our positions go with it
Dear Reader,
No doubt yesterday was a big day with US stocks rising nearly across the board. It’s the best quarterly rally since 1998. While the news attributes this to higher oil prices and speculation that the recession is easing, both [...]
Tick Tock, Time decay
Email – #42
**Tick Tock, Time decay
Dear Reader,
As I write this, Keith is somewhere over the Pacific Ocean flying from Japan to the United States.
If you’ve been paying attention to the market over the last 8 weeks, you’ve noticed that after some ups and some downs, the market has gone sideways. The market is basically [...]
Money flows are pouring into Chinese equities
Email – #195
**Money flows are pouring into Chinese equities
**SVA and WH are real bright spots
**Sell Shanda Interactive Dec ‘09 $60 Calls (QKULL)
Dear Reader,
As I write this, Keith is somewhere over the Pacific Ocean flying from Japan to the United States.
Recent reports from state-run newspapers in China quote Wei Jianing, an economist with a Cabinet-level think [...]
China is really the only game in town
**China is really the only game in town.
Dear Reader,
As I write this, Keith is somewhere over the Pacific Ocean flying from Japan to the United States.
There is really only one main story going on in the global economy right now.
The United States, Japan, and Euro-land are “still” in deep economic [...]
With no inflation in sight, excellent reception of recently-placed US Treasuries and huge demand ahead, we buy bonds
Email – #274**With no inflation in sight, excellent reception of recently-placed US Treasuries and huge demand ahead, we buy bonds
Dear Reader,
A few days ago the “Oracle of Omaha,” Warren Buffett was put on the spot: in a TV interview, he was asked whether he saw green shoots in the economy. He did not. He did [...]
Navigating the Horse Latitudes
Email – #37
**Navigating the Horse Latitudes
Dear Reader,
Legend has it that when Spanish Armada ships transporting horses to the West Indies got stuck in the windless subtropical latitudes between 30 and 35 degrees south and north of the equator, in order to lighten their ships as well as save drinking water, they would throw their [...]
The Telkom saga
Email – #12
**The Telkom saga
This week there is substantial news on two of our holdings – Grupo Santander (NYSE:STD) and Telkom Holdings (NYSE:TKG) of which the Telkom news requires some considerable thought, so this Alert is devoted to those two holdings.
The stock market has been weak, particularly Monday, but our Alpha Bulldog investments have actually [...]
FUQI got gamed. Let’s move on
Email – #42
**FUQI got gamed. Let’s move on
Dear Reader,
Yesterday we issued a trade to short sell FUQI International (FUQI) at $17.50 or better. Well it seems we weren’t the only people with that idea. After a small initial gain around the open, FUQI traded down, down, down, losing over 6% for the rest of the [...]
Too good to pass up – two new trades a la Geiger
Email – #41
**Too good to pass up – two new trades a la Geiger
Dear Reader,
I just can’t stand it. One trade a month is just too limiting, especially with the markets as crazy as they are lately.
Sure we can argue that having only one trade a month keeps us out of trouble, but it also [...]
We remain on track even after yesterday’s selloff
**We remain on track even after yesterday’s selloff
Dear Reader,
In a moment, we’ll talk about why yesterday’s selloff was really nothing out of the ordinary and, actually, to be expected. Then I’ll address what I think is next. But first, I want to pass along some instructions on one of our holdings: [...]
