Posted in Market Commentary on Jul 22nd, 2008 No Comments »
I’ve been researching more ways to make money in this bear market we are experiencing. As a result, I have not been very timely in my posts lately, so it’s time to go over the stocks in our portfolio.
Earlier today I did write a post relating to FXI (click here to see the post).
On [...]
Posted in ETF, Fundamental Analysis, Industry Sectors, Market Commentary, Trading Ideas on Jul 22nd, 2008 1 Comment »
Our China 25 ETF (FXI) has struggled lately, almost reaching our sell stop before rebounding slightly. However, two different advisory newsletters I receive are now pointing to a possible rebound in the Chinese stock market. Following is a reprint (with permission) from today’s Money and Markets. It’s entitled “What China Wants, China Gets!” by Tony [...]
Posted in Market Commentary, Portfolio Stock News on Jun 23rd, 2008 No Comments »
For the first time since I started this blog in early January, our portfolio has gone slightly negative, based on June 20 closing prices. Of course, in the U.S., no sector has been immune, except oil. In the last 12 months, out of 159 market sectors, a full 156 of them have lost money. Still, [...]
Posted in Agricultural, Biotech Stocks, Covered Call Writing, Energy, Market Commentary, Portfolio Stock News, Precious Metal Stocks, Story Stocks, Trading Ideas on May 31st, 2008 1 Comment »
Our covered call play (CROX) is slightly negative. We bought 500 shares of CROX and sold 5 September $12.50 calls. This is called a “covered call” because we own the stock we are writing the calls against. A “call” gives the purchaser the right, but not the obligation, to buy our CROX shares anytime up [...]
Posted in Agricultural, Energy, Industry Sectors, Market Commentary, Trading Ideas, Uranium Stocks on Apr 26th, 2008 No Comments »
We came close to being stopped out of CXZ while I was out of town this week, but we’re safe for now. Uranium is in the doldrums with its price declining to $65 a pound over the last month or so from $75 a pound. That has driven uranium exploration company stock prices down, way [...]
Posted in Agricultural, ETF, Energy, Industry Sectors, Market Commentary on Apr 7th, 2008 No Comments »
This is a catch up post. Although I made several purchases for the portfolio last week, taxes and family obligations prevented me from making a timely post.
Two areas we haven’t talked much about are agricultural commodities and energy. I do not have to tell anyone what’s happened to the prices for both. Last week we [...]
Posted in ETF, Industry Sectors, Market Commentary, Trading Rules, Trading Tools, Uranium Stocks on Mar 30th, 2008 No Comments »
Sometime others can say things better than I could ever express them. The title of this post is taken from a post on another site where the Arden sisters, who are internationally know as some of the most accurate precious metals forecasters around, wrote a post with the same title. It expresses some powerful views [...]
Posted in Market Commentary, Precious Metal Stocks, Trading Ideas, Trading Rules on Mar 20th, 2008 No Comments »
Yesterday the price of FVI hit our $2.19 sell stop and was sold at $2.17 for $650 loss. This is really a shame because FVI.TO is going to be a huge winner, but we use stops for a reason. Look at CXZ. It hit $.81 today. We were stopped out at $1.40 and saved ourselves [...]
Posted in Market Commentary, Trading Ideas on Mar 11th, 2008 No Comments »
Sprott Sees Financial Turmoil Pushing Gold to $2,000 an Ounce
By Stewart Bailey
March 10 (Bloomberg) — Turmoil in global credit markets may lead to the collapse of a North American bank, pushing bullion prices up to $2,000 an ounce as investors seek a haven in gold, Eric Sprott said.
This year’s decline in banking and [...]
Posted in Market Commentary on Mar 10th, 2008 No Comments »
We are entering a period of time where we could have a decade of declining stock market prices, rising commodity and other tangible asset prices and an extended recessionary environment. We experienced something similar from the late 1960s into 1982. Japan just went through about 16 years of this type of scenario where the stock [...]
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