While the media spotlight swings onto speculation about “Government Shutdown!” we turn, as always, to the facts and what we DO know, not what we DON’T. Whether this already ridiculously indebted government will take on even more debt or not is something I’ll deal with, as and when it happens. For now, let’s look at […]
Read More
My iMac was smoking. “Are you stupid?” and, “How naïve you are” were some of the politer emails after my comments at a recent investment conference that the U.S. dollar would remain the world’s key currency for some time. Many suggested that before long the Chinese currency would eclipse the dollar as the world’s reserve […]
Read More
Jim: Hello, Adam. Thanks for joining us. Before we go on to today’s main topic, what’s your take on where markets are and where they go from here as we head into another earnings season? Adam: I told a reporter just this morning, “The market remains very news-driven. At this point, the jury is still […]
Read More
It’s no secret that the Federal Reserve and the Federal Government is lacking a spine when it comes to policy decisions. In fact, if there is one thing you can bank on it is inaction, as that seems to be the most consistent theme coming out of Washington. Last week many pundits were expecting the […]
Read More
I’d love to say that being a conservative investor is enough to maintain and grow a family’s wealth but the reality is that a person needs to take on risk to just stay even. Consider this quote from “Striking it Richer”, a paper by UC Berkeley Economist Emmanuel Sanchez who notes that “Top 1% incomes […]
Read More
Two weeks ago on this website I told you that if markets turned up on that day, the bull market would be on. The market did turn up, and has been on a tear ever since. Midas Legacy’s ‘Market Trend Alert’ also gave this market a ‘thumbs up’ two weeks ago too- check it out […]
Read More
An interview with Adam Woods, CNBC-quoted hedge fund manager. Jim: Thanks for joining us, Adam. Before we talk about today’s topic, can I get your take on the latest development on what The Federal Reserve said this week. Firstly, for our novices reading, what’s all this talk of ‘tapering or not tapering’ been about? Adam: […]
Read More
After checking out last week Panama’s red-hot market and economy fueled by the Panama Canal expansion, it was great to return home. Why? No matter how interesting it is explore overseas investment opportunities for you, there is always a special feeling when I return to Colorado. For one thing, the air is a lot cleaner. […]
Read More
The reason I have spent my career focusing on investing in technology stocks is that profitability can grow like a tornado. Technology companies, if they manage their business properly, have mostly fixed costs. If they are able to lock on a trend that is growing dramatically, revenue will rise much faster than their cost structure […]
Read More
Last week the market decided to put its bull costume back on, and it if a market looks like it has horns and snorts, it’s a bull until proven otherwise. The indexes now need to better their previous peaks set in early August to keep the engine turning as we head into another earnings season. […]
Read More
The Energy Sector is on fire. Higher oil prices are leading the way again, but that’s not the only story. Natural gas is the fastest growing sector in energy thanks to low prices and a bent towards cleaner burning fuel. The oil story is all about shale oil, where it’s being discovered and how it’s […]
Read More
On Monday I said that the market was walking a tight rope and could go either way. Once again, it appeared the market heard me and made its mind up, the S+P 500 pushing decisively above 1670, taking the Dow Jones with it. Now both major indexes are in bullish territory once again. But only […]
Read More
I just returned last night from a whirlwind tour of a booming country in Central America that reminds me of Hong Kong. It was hot, muggy and rainy, bustling with construction, and enjoying the steady growth of trade, consumer spending, and investment. In many ways, Central America is the mirror image of Southeast Asia – […]
Read MoreIt’s no secret that gold prices are under pressure and have been for a few months. From their lofty levels close to $2,000 per ounce a couple of years ago, prices have collapsed by some 40% and are only now showing signs of recovery. What gives? Well there are two sides to the story. Gold […]
Read More
An interview with Adam Woods, CNBC-quoted hedge fund manager. Jim: Thanks for joining us, Adam. Fresh from a CBS radio interview! Adam: My Pleasure Jim: Today I wanted to ask you on behalf of our readers, many of them new to trading, about distribution and accumulation, how we can spot it and what it means. Firstly, what actually […]
Read More
By Jim Samson, trader, bestselling author, self-made millionaire. By the time you read this, when markets have opened, the question of ‘bull or bear next?’ may well have been answered. I’m writing this on Sunday evening, and as I look around, markets are on a knife-edge. And this has opened up some great opportunities. As […]
Read More
By Carl Delfeld, financial advisor to the US senate and global fund managers. So just what is the secret of great investors? In short, they catch stocks as they “bounce” off the floor by using only the very best “on-the ground” information. Then, they act boldly and decisively. Great investors follow these deceptively simple […]
Read More
They’re gearing up for another trillion-dollar payday in Washington. And the establishment is gunning for profits. I’m talking about the real moneymen who run DC – the politicians, the lobbyists and the defense contractors. The next target: Syria. But it may not stop there. As Congress debates whether or not to strike, and it looks […]
Read More
Stocks were under pressure for most of August as a slew of external “fears” plagued Wall Street. Here are some of the “fears” that hurt stocks: Fed Taper, Lackluster earnings growth, Potential War Brewing in the Middle East, & higher energy prices, to name a few. We are watching very closely further deterioration because so […]
Read More
Remember: trading is a 2 way street. A trader isn’t scared off by a shaky market. Quite the opposite: a trade gets his knives out and looks how to trade the downside. You can make as much money when things go down as you do when things go up if you know what to do… […]
Read More
