SubscribeIs Copper Topping Out?
March 28, 2011
If the dollar begins to start a move higher, we know that it will eat away at the prices of many commodities, especially metals. The risk on, risk off trade has been highly correlated with copper prices and as such, copper could be due for a correction for many reasons. Some commentary seen recently.
(Note: Horowitz & Company TDI client portfolios are SHORT FCX as of the date of this writing)
From CNBC:
Copper is up 33% over the past year. Insight on whether now is now the time to buy, with Michael Widmer, Bank of America Merrill Lynch Global Research.
Legg Mason (LM) – Short Position Update
December 10, 2010
We added a short position to TDI Managed Growth portfolios earlier this week of Legg Mason (LM). We did so as equity outflows have continued and believe that this particular fund group could be vulnerable. In addition, we saw some inability of the stock to surpass some key resistance levels.
Of course, that is when the industry group gets a broad-based upgrade by Barclay’s:
Barclays believes that the traditional asset managers are an attractive vehicle to Read more
CDS Risk for PIIGS – Why Diet When You Can Have Elastic Waistbands?
September 14, 2010
The CDS risk to insure the sovereign debt of some of the most deficit troubled and debt burdened countries within the EuroZone ticked a tad lower recently. Greece actually started to come down as the Basel III measures appear to be less of a hurdle than initially thought. Regulators now believe that an extended time to get things in order will be the better course. Remember, it is always easier to plan a diet some time into the future. While the idea of the New Year diet may be on the mind, the reality only hits on Read more
Euro Stocks – Ready to Rumble/Tumble or Grumble?
September 7, 2010
Obviously, we all are aware that there is still a great deal of trouble in Europe. Austerity that is leading to civil unrest and a currency that is under pressure. Dislocations within the region’s economic positions are tearing at the fabric of a good idea, gone bad. Namely a single currency over many countries.
The opportunity to take a short-position with so much going wrong has been very Read more
TDI Podcast 177 – A Few Simple Hedging Strategies
September 5, 2010
Guest: Kevin Hoffmann and Andrew discuss ways to hedge portfolio risk if the market turns. Inverse ETFs, options and more. To hedge or not to hedge… that is the question.
LISTEN TO PODCAST NOW | LISTEN @ ZUNE - @ iTUNES
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Kevin Hoffmann is a key member of the Horowitz & Company team. Kevin began his financial career in May of 2001 working on the floor of the Chicago Board of Trade.
While attending the University of Wisconsin at Madison, he served a Financial Consultants Internship with Smith Barney. In 2004 Kevin graduated from UW-Madison with a bachelor’s degree in Personal Finance and assumed a position as a derivatives trader for BMT Trading Group / Gelber Group. By October of 2005 he quickly rose the ranks to a Financial Planning Analyst for JMG Financial Group where he assisted with Financial & Tax Planning as well as Investment Management for high net worth clientele. Read more
Podcast: Play in new window | Download (Duration: 46:06 — 24.5MB)
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