We live in confusing times. Information is supposed to bring power, but what happens if there is to much information? Obviously noise. Filtering becomes important and eventually a hugely profitaable business and as I try and preach here with respect to the markets (I don’t always practice) you should follow…PRICE! We have definitely become fat …
Tagged: Oil
Deep Market Thoughts…One Bad Day and Doom and Gloomers are Back
My post yesterday with links to Mike and Fly was right on, but one bad day and all the doom and gloomers are back. I think this market will just do the opposite of what everybody wants right now. I am back in rhythm and printed some good money today. Staying light and looking for …
The Commodity Boom Revisited…OIL VEY!
I was watching a Dodge Commercial today (owned by Daimler/Chrysler) and my jaw dropped: “We are guaranteeing $2.99 gas for three years with every Dodge purchase’ Sure cars are leveraged to oil, but basically Dodge (Daimler) has decided it would be o.k. to further gamble on the future by placing a bet on oil. It’s …
Deep Market Thoughts…Don't be a Hog in Commodities and Wallstrip Talks Oil 'On The Streets'
You would think, if you were thinking, that the market should not be going up right now. Julie hit the streets for Wallstrip last week with Manhattan oil up above $4/per gallon . I am trying not to think too much because I would be short. Instead, I am long strength and short Dell and …
Frontline Ltd. (FRO) on Wallstrip…Runaway Trends Continue..Oil, Metals, Agriculture…Where they Stop NOBODY KNows
Too many people calling for tops in Gold, Oil, Euro, other metals and Agriculture. Combines with their strength and basic momentum, they are busting out to new highs all over the place. The railroads are doing the same thing. Today, we take a look at Frontline (FRO) on Wallstrip. Brian also takes a look at …
The Global Bull Case…The Taste of Money and Wealth is Intoxicating
India, China, Brazil, Mexico and Russia and Malaysia. They all have this in common…massive 5-year runs. Will they continue though? Wealth makes even hardened ruler freaks do the right thing in favor of further wealth. Sure the criminals are raging too, but the little people have a taste of money and they like it. ALWAYS. …
Peak Oil? Peak Dollar? Peak Market? or Peak my Nose
Fred is wondering about Peak Oil this morning – fishing for comments :) . I am with him…who the f$%ck knows. It’s not a waste of time, but I mean with the KINDLE on backorder, Fred needs to get his priorities straight :) . The Chairman just can’t get the dollar and Yuan carry trade …
Gold and First Solar…and OIL
Cha-ching! Let me repeat…cha-ching. Hope you are with me on these trends. Wow. Nice move in NDAQ today as well. Thanks for the hate FLY :) . Disclosure – Long OIH, FSLR, SLW, GOLD, GLD, PAAS, SLW and NDAQ
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. …
US Dollar – Entering No Man's Land…Again
The Canadian dollar touched par today. In July I blogged about WINflation . Just as true today. In the selloff last month, I was stopped out of some gold and oil positions. I thought a big change of trend were at hand. Not so. I will be adding some more names in both sectors over …