It’s not all that difficult to find stocks trading at prices well below fair value and historical norms. The problem is “guessing” if and when they will rebound. The result is investors fuming at “value traps” while advisors and gurus preach “patience”. Is there a lesson here? Yes, It’s dangerous to catch a falling knife […]
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If you buy a house in a nice neighborhood, you’re going to buy the premium accessories. The Kohler bathroom fixtures, beveled glass on the front door and the brass doorknobs. The same can be said for computing and you can capitalize on the great accessory turnaround. Whether you love or hate Apple, you cant deny […]
Read MoreObamacare has been in the news of late. It was the centerpiece of the efforts of the Republicans to force the Whitehouse and Democrats to come to the table to negotiate budgets, deficits and the national debt. The efforts to overturn the law and its mandates failed miserably. And any future efforts will fail as […]
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Imagine a utility with 35 square miles of solar panels. With today’s efficient panels, that would equal approximately 1.7 gigawatts (GW) of generating power. If we take an average location in the United States, those panels would produce roughly 12 gigawatt-hours of electricity in a year’s time. That’s about equal to the output of a […]
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We always love to hear from you. Please do send in any comments or questions. Today I’d like to answer one such question: “Jim, when you use stock charts and show them in your articles, I see a number of other lines that you say are the moving averages. What are those, and which ones […]
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A market update from Adam, and Netflix news… Stocks rallied after Tuesday’s weaker than expected jobs report cemented the belief that the Fed will not taper in 2013. The buying enthusiasm waned within the first hour after a slew of leading growth stocks turned negative. The most vicious move was NFLX. The stock gapped up over $30 […]
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Growing up, our family monopoly games were raucous affairs with a lot of shouting. My younger brother John was always in charge of the cash because no one else was deemed trustworthy. In retrospect, most of my six siblings never really got the game at all. They carefully managed their cash and picked up random […]
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If you have been taking my advice for the past few weeks, you’re making money. The government did not shut down and every dip presented a huge buying opportunity, especially in the companies that I mentioned like Netflix (NFLX). So what’s next? Well, the big money on Wall Street is betting on energy, especially the […]
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As the clouds of DC stupidity cleared, markets rose, and the skeptics howled about overvaluations. Now, I can’t predict what will happen in the next day or so (in fact, a healthy pull back is a strong possibility), but I’m going to show you two charts that I believe you’d be foolish to ignore. Two […]
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What a difference a few years can make. According to data from the U.S. Energy Information Administration (EIA), the U.S. is on track to be the largest producer of petroleum and natural gas in the world. The amazing part? It will achieve that title by the end of this year. Russia moves to second place, […]
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One of the most common questions I get when speaking at conferences is how much to allocate to international and emerging markets? Well, not much more than ten years ago, the typical equity portfolio was simple and straightforward: 90% – U.S. large cap, mid cap and small cap 10% – international But since then, attitudes […]
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Even if Washington isn’t working this week there is a conservative trade that can set you on the path to being a millionaire. As our elected officials drag their feet this week and postpone the inevitable debt ceiling increase, markets will be forced to do nothing. This situation has become all too common but there […]
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The events in the US Capital are destined for a bad ending regardless of the outcome on the surface. The inability to come to agreement on just about any issue that requires belt tightening or fiscal responsibility is the new hallmark for a dysfunctional leadership. And it’s not as if one party lays claim to […]
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Well, after The Midas Legacy Market Trend Alert flickered red for a couple of days last week, thanks to the politicians, things were back on course until faced with this Thursday’s debt ceiling problem, now things look shaky again today with the IMF warning of a severe global recession unless the US debt limit is […]
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Jim: Hello, Adam. Thanks for joining us. As we speak on October 10, the markets are rebounding in a big way. A reaction to news in the DC debacle, or is this just a correction from an oversold condition? Adam: Both- yesterday we saw the major averages positively reverse (which means they opened lower and […]
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One of my favorite books is Daniel Yergin’s riveting tale of the major role oil played in the 20th century; The Prize: The Epic Quest for Oil, Money & Power. It traces the growing reliance on oil for both global commerce and war. The book highlights the key roles played by tycoons such as Rockefeller […]
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Stocks are very much like people in that they have a ‘circle of life’. Like winter and summer, death and birth, stocks rise and fall in a pattern of eerie repetition, which isn’t surprising when you consider that stock prices are really just a function of human (buying and selling) whims and emotions. Learn to […]
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Once again, I refuse to get sucked into the shenanigans of those fools in Washington, I will simply deal in facts. This has now become a news-driven market that will swing with every sound bite from the TV. Unless these silly people who supposedly run the country get a grip, and quickly, an already tired […]
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Politicians are self-serving. You don’t have to look at some despotic regime in South America or the Middle East to figure that out; you have to look no further than the clowns in Washington DC to get a clear view of why term limits are the best idea for all members of Congress. But, through […]
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Jim: Hello again, Adam. Before we move onto today’s topic, can I ask your take on the political nightmare in DC currently, how it will affect markets, and what the outcome will be? Adam: Sure- If the situation wasn’t so sad, it would be funny. The problem here is classic, both parties are suffering from […]
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To get ahead, you need to look ahead and hunt for value. Unfortunately, when investors think of Asia and emerging markets, only China and perhaps India come to mind. These are big complex countries with huge challenges and very difficult to manage. This is why both have stumbled recently. Meanwhile, many other countries in Asia […]
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Many investors follow oil and natural gas shale plays. Exploration and production (E&P) companies, and a few early-in investors, have banked millions in profits. Much of those profits have come from the Eagle Ford in Texas and the Bakken in North Dakota. And for good reason: they are producing millions of barrels of crude oil. […]
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The imbeciles in Washington are at it again. If it seems like the same old story with a different date then you’re not from the truth. On the menu this month is the potential for a government shutdown because of failing “negotiations” on the debt ceiling. Republicans in the House of Representatives, the controlling party, […]
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