January 31, 2009
Some of the more interesting and important items for January 31st :
- Davos turns to trade amid fears of protectionism – We need to nip this in the bud (butt) right now. This is not going to help us prosper
- Right Forecast by Schiff, Wrong Plan? – WSJ.com – It is out….see the poll here: http://tinyurl.com/bd8j7a
- Russia, China Blame Woes on Capitalism – Now Putin is in on the action. Can you say COLD WAR?
- Biden Says U.S. Has Made `No Judgment’ on Yuan Manipulation – Why are we looking to wake the monster? Leave it alone!
- U.S. Draft Law Would Ban Most Trading in Credit-Default Swaps – This is going to be another problem for bank profits (errrr losees?)
January 30, 2009
I have been following this closely over the past few days and thought that it would be an interesting idea to have readers voice their thoughts on the controversy that is surrounding the Wall Street Journal Article that explores Mish’s findings regarding Peter Schiff’s “calling the market crash” and his general investment thesis.
Do you agree that : "Schiff was Wrong?"
Subscribe to The Disciplined Investor Podcast and hear the great debates, market updates,
popular guests and cutting edge investment ideas…. (click link below)
January 29, 2009
It was another nice quarter and rather surprising given the economic slowdown. Amazon has been able to do wonders in this environment as consumers look for bargains at any cost. On Nov. 20, Amazon bottomed to a two-year low of $35.03 and has since risen sharply. Even though the retail outlook and economic conditions continue to deteriorate, they pulled off an amazon amazing quarter.
On Dec. 26 Amazon set the expectations high for an impressive finish to the fourth quarter when they said: “The 2008 holiday season finished as its best ever, with over 6.3 million items ordered worldwide on the peak day, Dec. 15, which is a record-breaking 72.9 items per second.”
How long can that pace continue?
Click Here to Read More…
January 29, 2009
I just got this info…
A year and a half ago, INO decided to track the results of their MarketClub “Trade Triangle” technology in six different markets.
The markets they decided to trade with this method were corn (CBOT_C), wheat (CBOT_W), soybeans (CBOT_ZS), crude oil (NYMEX_CL), gold (XAUUSDO) and finally the dollar (NYBOT_DX). I am told they chose these markets because these all have had prolonged and profitable moves in the past. INO’s “Trade Triangle” technology allows you to catch these moves and stay on top of the market.
I have truly been surprised that they have had such big returns, especially in the last two quarters. In Q3 of ’08 they had a phenomenal return and exceed that in Q4 of ’08. Clearly diversification is key.
Certainly there is no guarantee what 2009 will bring, (except more excitement) but take a look at the short video that they have prepared to show you the results. The President of INO.com, Adam Hewison, goes through some of the actual signals that were dynamically generated with the “Trade Triangle” technology.
January 29, 2009
Some of the more interesting and important items for January 28th :
- U.S. Injects $1 Billion Into Credit Unions as Losses From Mortgages Mount – Where is all the money coming from? Ooohhh this is going to hurt!
- Chinese Premier Blames Recession on U.S. Actions – WSJ.com – Chinese Premier Wen Jiabao squarely blamed the U.S.-led financial system for the world's deepening economic slump, in the most public indication yet of discord between the U.S. and its largest creditor.
Leaders in China, the world's third-largest economy, have been surprised and upset over how much the problems of the U.S. financial sector have hurt China's holdings. In response, Beijing is re-examining its U.S. investments, say people familiar with the government's thinking.
- Fed readies plan to help consumers get more credit-card debt – I want mine!
- Low yields force Treasury money-market funds to bar new investors – This is really interesting. Will they open back up if/when the rates come back??? Investors not have limited choices to protect their cash brokerage positions.
- Treasury Money Market Funds Close Doors – Treasury money market funds have closed to new investment due to low yields that can't cover expenses.
- Consumer Confidence Drifting – Consumer's have once again expressed their lack of confidence in the market.