Investing and Trading News, with a Contrarian, Sarcastic Twist!
For readers in the Sacramento area and Northern California – my friend and past guest author Jonathan Lederer of Lederer PWM is hosting hedge fund manager Rick Campagna of 300 North Capital here in town for a presentation on his fund’s risk on / risk off investing strategy (one that’s impressively yielded 44% returns since […]
Here’s some bonus Andy Kessler commentary, courtesy of a Moscow newspaper (the translation is actually alright). Regular readers probably remember our interviews with Kessler about the ideas expressed in his most recent books Grumby and Eat People (click the links to revisit). His Moscow talk is an update to Eat People, in which he outlines […]
The “short long-term government bonds” trade must be in contention as one that’s extracted the most money from otherwise smart traders and investors over the past five years. Interest rates just CAN’T go any lower from here – right? We heard this in 2008, and we’re hearing it again today – with bond yields at […]
By Chuck Butler, EverBank Good day. I’m at a complete loss this morning on what to start with! I’ve sat here staring at the blank Pfennig template for about 10 minutes now. My mind wandering to this, that and the other stuff, but never really settling on something. UGH! So I thought I would just start typing […]
Jim Rogers sat down with Newsmax for a short interview, in which he expressed his belief that the US economic situation is “very, very dire.” Kudos to Rogers for saying what few today seem to understand – that cutting spending and taxes would be good for the economy. The State itself is not a generator […]
Cotton futures have quietly dipped to their lowest levels in two years, prompting our “contrarian alert” to sound. King Cotton, since rocketing to levels not seen since Reconstruction, has since plummeted: Cotton spikes, and crashes. (via Barchart.com) Two months ago we mused that cotton and rice, both off significantly from their highs, may have piqued the interest of […]
Thanks to new reader Padmanabha for sending along these questions about stock investing. I’ll do my best to answer halfway intelligently! Q: What is the general trend when quarterly results are declared? Do people sell ahead of the declaration or post declaration? I am sure people want to make some profit and then buy back if they […]
With gold successfully holding the $1520 mark after three tests, David Galland believes savvy investors should use this pullback as an opportunity to purchase gold and gold stocks. I agree with him on gold, though I’m not yet convinced about the mining stocks themselves (more on this later today). Gold’s “Contrarian Moment” By David Galland, […]
By Chuck Butler, EverBank Yesterday’s price action left more blood in the streets, with the euro (EUR) losing the 1.24 handle, and the Australian dollar (AUD) reaching a 2012 low. The Brazilian government and central bank continue to do their best to unravel the markets, by cutting interest rates again this morning and crowing that there […]
Dr. Doom is circling! Marc Faber predicts a global recession in Q4 of this year or early 2013, putting this odds at a cool 100%. He thinks investors are missing the point with their fixation on Europe (he’s recently commented that Europe’s real problem is too much state involvement, which I agree with). Faber believes […]
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