I know I would do very well. I would like to do better. This has been one hell of a bullish blog for two straight years, but I have been a very nervous bull of late. I have been a net seller the last few days and have been posting my sells. Tonight I got …
Tagged: China
Gold, Oil, Tech, China and a Weak US Dollar = Goldman Sachs Profits
Gold at $800, Oil above $93, Tech on fire, China in a boom of histrorically epic proportions and the US Dollar imploding…based on these headlines, it makes sense that Goldman Sachs hit all-time highs today. Here’s why…they trend follow. They pile on. They stick you with the mistakes. The ‘credit crunch’?…Peeshaw…just a nuisance to Goldman. …
CTrip.com ( CTRP) on Wallstrip
CTrip.com is a good example of a trending stock that caused ovenight pain. In 2005, you were riding along comfortably in CTRP and boom, the next day you had a big loss and a stop. Ctrip.com is also a good example because following an all-time high strategy had you buying back the stock in mid …
Apple Passes IBM WITHOUT China in the Mix…Apple is still Early
My friend Maoxian has an interesting post up on the top 25 brands in China: 1. BMW 2. Microsoft 3. Intel 4. Mercedes Benz 5. Coca Cola 6. IBM 7. Haier 8. Nokia 9. Wuliangye 10. Kweichou Moutai 11. Airbus 12. Porsche 13. Audi 14. Lenovo 15. Motorola 16. Wal-Mart 17. Boeing 18. Google 19. …
Today's Lesson: How to Call a Top!
It’s easy. Just keep calling for it. I have said China was topping at least twice including yesterday. Josh Kopelman has an excellent post written for Alley Insider about ‘Bubble’ calling. That’s why Josh is a great venture capitalist with bazillions and I am a thousandairre :) .
China is Parabolic…Don't be a Hog!
Parabolic rises can be fun if you are aboard, but it does not generally end well. China has gone parabolic. Check out the FXI today, which I should be long. It was up NINE (9) percent TODAY. This is after being up 100 percent just this year. This is a country index, not just one …
CHINA…Did You Miss IT?
I think I did. I even called a top back in the beginning of the year (I did change my mind again). Other than Baidu (BIDU) and the stocks that I own that have ‘exposure (never been a lamer word)’ to China, I have just left my bat on my shoulders. Shit…I am adding SINA …
A New China Add…SINA
Just added some SINA to my hedge fund. Don’t ask me what they do…I have asked Wallstrip to help me with the fundamentals :) . Just assume the numbers are fudged and that getting their financials measure in Yuans is like having financials with blank paper. That said, I want more exposure to this bubble …
Just Too Giddy…and a Reminder!
Semiconductors just suck balls in this rally and I have had a great run in Nvidia (NVDA) so am getting rid of it today. That sector is just too aggravating. Traders will be saying the same thing 5 years from now on homebuilders. Dead cyclicals are dead cyclicals. I would love to see some more …
The China List…OY!
There are some smoking hot stocks flying on this list. The Fly and his community were good enough to put this together . I wonder where these stocks will be come the Olympic Games Higher…Lower? Let me know for prosperity and shourt out your fave. Off to L.A.