SubscribeSneak Peek: Our Recent Trades
November 2, 2009
From time to time, we will provide some of the weekly discussion we have for our CLIENT ONLY site. We believe in transparency and this allows all of our clients to see what we are doing and why we are doing it. TDIMG clients have the benefit of this through a our private blog site.
If you would like to see more about how we manage money, please visit the 14-minute virtual tour.
Partial discussion from Thursday and Friday of last Read more
Wynn Resorts (WYNN) “Short” Follow Up
October 27, 2009
If you have been reading along, you would have scooped up two short calls that we made on Wynn Resorts (WYNN). The most recent was last week when we identified conditions that we found to be troubling for the casino operator. (Click HERE)
To top it off, Steve Wynn said in today’s conference Read more
What Are the Charts Predicting?
October 2, 2009
According to a chart that Corey Rosenbloom over at Afraid to Trade sent to me, we are seeing for the first time in a while the ominous RED color come out to visit us for the S&P 500. This is not an ordinary chart. It uses a few indicators inclusive Read more
Potash (POT) Seeing Unrelenting Price Squeeze
September 23, 2009
We have been watching as Potash (POT) and other fertilizer suppliers are having a hard time negotiating with some of the world’s most influential customers. The problem started earlier this year when India pressed hard and negotiated a deal way below market for the products. Demand was so low that Potash and others had no choice.
In their recent conference call after the abysmal earnings report, management expected prices to come down and predicted a soft market. That was reinforced after the market close last Friday when they again lower estimates. Now Read more
Potash (POT) Cuts Guidance – Sales Soft, Outlook Dim
September 21, 2009
Last week we sold short Potash (POT) again after covering at the sub $ 90 price the week prior. It had run back towards $ 97 and that appeared to be an ideal place to add the position as there is a good amount of resistance at that level.
Yes, Cramer is still bullish on the position. In fact, just last week I saw a replay of him again telling callers to get Read more
