Investing and Trading News, with a Contrarian, Sarcastic Twist!
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 […]
Dear reader, we need your input! Our friend and frequent guest author Glenn Cohen has kindly reached out to me to offer up a complimentary presentation webinar that will highlight the risk on / risk off tactical investing strategies being employed by leading hedge funds today. I attended a similar presentation put on by these […]
The Financial Post reports that for the first time since the Fukushima disaster, the long-term price of uranium has finally turned up. According to trade publication Ux Consulting, the term price rose to US$61.50 a pound this week, up 2.5% from US$60.00. Ux’s long-term price covers material that will be delivered more than two years […]
While we’ve all been paying attention to the recent abundance in natural gas, coal demand and prices have quietly dropped – quite significantly – as a result. There is an interesting dynamic going on in these markets. Like bad high school friends, they are keeping each other down at every potential advance! Our energy guru […]
By Chuck Butler, EverBank Good day. I got all my “home alone” chores done last night, of course after going home and taking a nap! It’s still blazing hot here, but when you work inside all day, it doesn’t matter much. But since I once had a job as a young man, in the hot Oklahoma […]
Recent Comments