If you will search on our posts, you will see we suggested buying the USO (that’s the most popular ETF tracking crude oil), several of the largest gold miners, and lastly we have repeatedly warned of a toppy market. Now you might say we have been lucky, that the Mideast democracy contagion has worked in our favor
The Insider Report
Akamai, this time might be different
We have traded out of most of AKAM with profits, keeping a small tail in the Mar 42 options. Normally CEO Sagan has been a size buyer when the stock got whacked. This time he’s actually selling
NLC shows a good setup at 27
Remember the company that supplied all the dispersant from the Gulf oil spill. Well Nalco, NLC is an interesting company that has been on a bull run. It pulled back after this quarter’s earnings. Insiders must think the future is … Read more.
If you had any doubts how actionable and good these ideas are, look at our last post on Dell and Visa
We don’t like people gloating but we do like to help people make money. We wrote about both Dell and Visa as our largest year end positions. Both have done very well for our investors. We are mostly out of … Read more.
If you knew your stock was going down tomorrow would you sell it today?
Everyday before the market opens, I put a plus sign, minus sign or zero sign in front of every stock symbol I own. The plus sign signifies that I think the stock goes up today, the minus is down, and … Read more.
Buy oil using the USO ETF
I think the pullback on the events today “peaceful revolution” are actually bullish for oil. Who is next is the question. If the fervor for democracy continues, could Saudi Arabia be next?
RSI Divergence flashing warning on Market
I’m pretty convinced now that the relentless march upward of the markets is coming to a bump. No way of telling what sets it off but this significant divergence is revealing waning buying enthusiasm.
One piece of news trumps charts
Some chartists believe that all known events are already reflected in the price patterns in the chart. They spend a lot of time trying to divine MA crossovers, MACD, Stochastics, Resistance Support lines and many more technical indicators. I too … Read more.
The US Dollar looks like its bottoming out
You can always find some fundamental reasons for diverging opinions, but I look at charts for the objective one. In this case despite the pessimism of the news and US budget deficits, the dollar appears to be bottoming out.
The technical edge – Gold is making a turn, the counter trend
Gold is in a downtrend. If you look at the chart you will see the double top with multiple red divergence paints showing before it rolled over. Now it’s flashing divergence in the trend and set for a rebound. The … Read more.
SODA what a pop!
This is a repeat of a prior post. I only wish I had listened to my own advice as we made so much money on this trade we didn’t keep enough of a tail. We have a small but exciting … Read more.
I still think gold goes higher here back to test it’s 50 day mark around 1378
We don’t have many friends in the Mideast. If Egypt is the strongest ally we have in the Arab world, it’s hard to believe that we can’t improve our position here. It’s either Woodstock or Altamont.
Extremely bad close today-BUY GOLD AND OIL HEDGE HEDGE
We are now heavy into gold stocks, ETF, and USO. The situation in Egypt going into a long weekend and the end of the month will make hedge funds nervous. Expect a very weak close. Hedge as much as you … Read more.
Buy these two gold miners for a quick trade NEM ABX
The Fed decision today to leave rates unchanged should provide some near term impetus for gold to trade higher. These two prominent gold miners, NEM and ABX seem technically poised for a bounce.
Things look dicey
We have a very high cash position right now, almost 50%. Half of the securities we own are municipal bonds we blogged about earlier. The rest is in Intel, AMSC, ARTC, and a new position, SHLM. We could be all … Read more.
Value or Growth?
Everyone is fixated on finding the next Apple, but look at this stodgy department store, Dillard’s. The stock rose twenty fold in twenty three months. Too bad I didn’t buy it. It’s been on my screen since $2.75.
True Religion Play
True Religion Apparel is technically poised for a bounce. Anecdotal checks of inventory show little discounting which leads me to believe that XMAS season went well. The high-end consumer seems to have fared better than the lower-end demographics. Catalyst. The … Read more.
Our largest positions for the New Year – Visa
Our largest position is Visa which is 16.41%. This is an out-sized position and we will be reducing it soon one way or the other. We all know who Visa is and we think it is pretty clear that cash … Read more.
MBI hot hot ticket today
Classic case of massive insider buying, doubting and mounting short position, legal wrangling with huge implications. We loaded with call options limiting our losses but taking the full upside for at least a while. Apparently no one really knows the … Read more.
Soda Sodastream 10 Bagger
This is truly a disruptive company. What I mean by that is that this Company, SODA, has the potential to destroy CocaCola and Pepsi’s business model. I know that is a strong statment and I don’t own a lot of … Read more.
I’m a big fan of Apple but I’m buying Dell
Dell is cheap, insider buying, and the rumored possibility Michael Dell may take the company private although that makes no sense to me unless he is just fed up answering investor questions. I think Dell is a cash cow and … Read more.
We are playing a rather large amount of BAC options
This is a trade we are watching closely. We are also long BAC. There is nothing we can add to the story, it’s too well documented. There is a lot of insider buying at prices a little up for here … Read more.
Muni bond debacle
Muni bonds in the last three weeks have fallen out of bed. Normally I disdain these investments but we are nibbling at multiple Invesco Van Kampen funds yielding an amazing 8%. Symbols include VMO,VGM, VIM, VKI, and VCV. We expect to … Read more.
The Euro Collapse or Evolution?
It almost seems a certainty that a run on the bank is taking place. This particular run is the wholesale repudiation of the sovereign debts of the PIGS, Portugal, Ireland, Greece, and Spain. Where this ultimately ends seems to have … Read more.
Bank Stocks
They looked oversold and we have been nibling at them making a little money, losing a little money. Yesterday as soon as the WSJ broke a story about the Fed allowing them to start offering dividends again, we jumped in … Read more.
