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A Terrific Opportunity In The Precious Metals Miners For Long Term Investors
Reading Time: 2 minutesThe precious metals miners are getting whacked for the third straight day Monday in the wake of Powell’s hawkish comments on Thursday. It’s pretty incredible to me that after nearly 15 years of insanely easy money, a few words from…
China’s BABA Antitrust Case, The New Cold War, Yuan Appreciating, FANMAG Not Confirming New Market Highs, Cathie Wood: The New Warren Buffett
Reading Time: 9 minutesNote: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber…
BooHoo: Citi Downgraded And The Fed Won’t Help Us
Reading Time: 2 minutesFinancials are leading markets down today (XLF: -3.47%) on a downgrade of Citigroup (C: -6.43%) and a consideration that the Fed might really mean what it says and not cut rates again on Dec. 11. The Fed talked a tough…
One Of The Biggest Oil Winners Of The Last Decade Decides To Get Out
Reading Time: 1 minuteI sold my Chevron. I sold my Conoco Phillips. I sold my Statoil. I sold my ENSCO. I sold my Pioneer Natural Resources. I sold everything. – Richard Rainwater, who made about $2 billion investing in energy stocks and futures over…
Thursday’s Reversal And The Jobs Report
Reading Time: 3 minutesThe market was cruising along as usual Thursday before reversing hard to the downside starting around 2pm EST. At the time, it wasn’t clear if the catalyst was a speech by Fed President Neel Kashkari in which he said the…
Monster Rally – S&P Up 10% In Five Weeks
Reading Time: 6 minutesWow. Yowza. Is the stock market cool or what? I mean if you like ideas, if you like psychology, if you like money and people and games, how can you not love the stock market? Let’s state the facts first:…
