What does the “Executive Producer” of Wallstrip do? Not much – trust me. I email Adam and Jeff ideas for shows and than add a few impossible angles to the shows that we have agreed to “put on the board”. Today – Lindsay’s gold tooth was my idea. Love it! Hot :) . I have …
Tagged: Gold
SELL EVERYTHING? Please…
I am looking through my positions and other than WEBX, which I am stupid enough to have an opinion about, today’s downdraft was a yawner. BUT, what the hell is Dell doing at $27 and GM back at $30 ($35 a few days ago). Honestly, both stocks were about $18 before this great rally and …
Booking Some Profits
Taking some profits in Research in Motion (RIMM) and CROX. It has been a nice ride and I will sell at least half. The trends are firmly in place, but the stocks have risen so fast that it seems prudent. I am selling mor Ebay. On the long side, still looking at oil stocks and …
Market setting up for a big move? Either way, buying some ValueClick.
Not in the betting mood on the market, but I am definately adding some ValueClick to the portfolio tomorrow. An amazing breakout to all-time highs. In reading about the business, I am amazed no one has made a play for them and emailed a smart friend just that this afternoon. Value Click continues to benefit …
Inflation expectations are low
I just saw a chart from Lehman’s Degraaf (enclosed below) that is both shocking but explains some things – to me anyways. Inflation expectations are extremely low. Retail stocks are acting giddy. Best Buy, Nordstrom, Abercrombie, American Eagle, Gymboree are all running at or near all-time highs. HUH! Harley Davidson, a favorite of shortsellers for… …
Nibbling on More Gold and my TEETH HURT.
Gold has been in full retreat the last 3 months and I have surrendered a lot of profits on my core position. BUT. Gold has been really good to me. I was reading some stats from a daily Van Eck report and they are reporting an unbelievable flood of money being printed. Despite the BIG …
Oil and Gold are close to a CRASH
There is absolutley no fear in the oil and gold market. It as if the owners are getting more conviction as the price drops and stock prices deteriorate. That is a dangerous stance. I still have a small USO and BTU position that are now underwater and I am glad I sold half at a …
Gold and Oil – a late night update.
I don’t really have an edge here other than feel. I am getting mixed indicators when I look across all my trusted sources so I will wait for a big trade when more of the stars align – if at all. Throwing things awry seems to be the Amaranth disaster. I don’t know how he …
Gold and Oil – Where is the Love?
Not too long ago, the oil bulls were talking about $100 oil. With Oil at $60 today, the bulls have given up. The oil and gold shorts are downright giddy. The neck, nose and ear hairs are standing at attention at this point and I will be spending the rest of my alloted computer time …
As I suspected, there were definate leaks in the recent Gold merger
On August 31st, I wrote that that Glamis/Goldcorp merger was a stinky leakfest . The New York Post confirms my thinking . I hate this crime. It wrecks the market and those stupid enough to play after all these years deserve the harshest of penalties. This one was obvious to me and I don’t follow …