Old-fashioned commodities; old-fashioned strength
Chris Mayer (Penny Sleuth):
“If you can tell me something else where the fundamentals are so attractive…I’d be happy to put my money there,” said Jim Rogers, the famed investor and self-made billionaire in a recent interview. “But I don’t know of any other place.”
What’s he talking about? Today, we take a look and invest right alongside his idea. And it should start to pay off with the arrival of the first swallows of spring in 2010. It’s also timely now — in this weak-kneed economy — because it has traditionally held up well even in when the economy is on the ropes. Even the Great Depression couldn’t put this thing down.
We start with simple truths. The world’s population has more…
Old-fashioned commodities; old-fashioned strength
Chris Mayer (Penny Sleuth):
“If you can tell me something else where the fundamentals are so attractive…I’d be happy to put my money there,” said Jim Rogers, the famed investor and self-made billionaire in a recent interview. “But I don’t know of any other place.”
What’s he talking about? Today, we take a look and invest right alongside his idea. And it should start to pay off with the arrival of the first swallows of spring in 2010. It’s also timely now — in this weak-kneed economy — because it has traditionally held up well even in when the economy is on the ropes. Even the Great Depression couldn’t put this thing down.
We start with simple truths. The world’s population has more…
Expand the pay czar’s role
So the word is out that Kenneth Feinberg, the Obama hatchet man, is going to have the pay of the top 25 executives at 7 of the companies who have not paid back the TARP money, by as much as 90%. If that’s a good idea for those companies why not look at…
Private equity unloading investments
Be careful about private equity firms selling chunks of companies they control to the public, writes Daniel Gross in Slate. They may be looking for a way out.Gross analyzes this week’s RailAmerica (RA) initial public offering, which raised about $300 m…
The tragedy of Krispy Kreme
This article is written by Minyanville’s Carol Kopp
There’s a truism among investors that you should invest in what you know, understand, and like. It’s a commonsense strategy: You spot something new. It’s special. It’s useful or innovative. I…
A giant cash machine
Why? That’s always the first question to ask when you see a common stock like Verizon (VZ) trading with a dividend yield of 6.52%.
That’s so much higher than the yield on the Standard & Poor’s 500 index (2.1% as of last week) that any reasonable i…
Are You One of “Them”, Too? Options Focused Post
I’ve had the pleasure of meeting and enjoying a beer with Ron Ianieri from OptionUniversity.com. For those of you who’ve had the opportunity of learning options from him, you know what I mean when I say he’s awesome! He’s experience, poised, and his knowledge from REAL LIFE trading is outstanding.
Well Ron (the linebacker looking [...]
Market action cause for caution
Just a quick note of caution. I normally only write a market momentum blog once a week, but the last two days of market action should be looked at. Here is why I’m cautious:
The Value Line Index, an index of 1,700 stocks, is presently trending below i…
Must Reads September 21, 2009
IMF selling 1/8 of its gold reserves Zero Hedge
Jim Grant: Ringing the bell at the top Financial Armageddon
California’s Financial Depression Dr. Housing Bubble
The mining stock mania no one is talking about The Daily Crux
The next crisis no one is talking about Zero Hedge
Baltic Dry Index falls to lowest level since May The Big Picture
Cap and Trade to cost Americans $1,761 News Max
All that glitters The Daily Reckoning
Jim Rogers calls a currency crisis The Big Picture
Rare earth metals booming Resource Investor
Beat the market — you can do it!
I really believe that any investor using a little experience, knowledge, discipline, common sense and a basic knowledge of technical analysis can consistently beat the market as measured by the S&P 500 Index. This is the premise behind my blog Fina…
Beware ‘most of the time’
You shouldn’t be worried that the recent 50% (and more) rally from the March lows will be followed by a vicious collapse. Since World War II, most of the time a year after a move of 30% or more in a six-month period, stocks were higher yet a year later…
Must Reads September 4, 2009
Well’s imploding loan portfolio Zero Hedge
Leading technical analyst: precious metals heading higher The Daily Crux
Krugman: How did economists get it so wrong NYT
How bout that gold? Casey Daily Dispatch
China begins to dump its dollar reserves Newsmax
The best article we’ve read on the coming commercial real estate collapse Zero Hedge
Unemployment rate hits 9.7% Bloomberg
Doug Casey: The most important healthcare investment you haven’t heard about The Daily Crux
The bear market is not over The Daily Reckoning
Suckers rallies and the September syndrome Whiskey and Gunpowder
Are you an investor or a gambler? The Big Picture
Stocks Are Set to Rocket in September
There’s no question that the past year-and-a-half has been disastrous for investors. Since last March, the S&P 500 has lost nearly a quarter of its values, and many are still too scared to put their money back in the market in the market. But according to some of the best investors in the world, now is exactly when you should turn your eye to stocks…
Super-investor Warren Buffet once said that his investment philosophy was to buy stocks when others were fearful, and to be fearful when others were buying. Right now isn’t the time to be fearful along with the herd; it’s time to stock up on stocks.
As I predicted earlier in the year, right now the market is zooming…