Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Thursday, December 1, 2016
The OPEC Cut: What's Ahead For Oil?
The OPEC cut announcement is not surprising to me but the key is to wait and see if they really do it. OPEC has made these kind of announcements for decades. Most have not really worked but this one is making crude oil go up and it will probably continue to do so. But what really matter is that crude oil fundamentals are continuing to improve. (Nymex Crude Oil futures, Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP))
Wednesday, November 30, 2016
Markets: The Problems Are Coming No Matter Who Is The President
What is going to happen is worse than anything that you have seen in your lifetime and we are all going to be extraordinarily affected. Be worried. The problems are coming no matter who is the President. The world has huge problems facing us.
Tuesday, November 29, 2016
The World Never Solved Its Problems By Printing Money
Never has the world been able to solve its problems by printing money. That is why the debt goes higher and higher because interest rates are next to nothing and the central banks buy the debt.
Monday, November 28, 2016
Finance As An Industry Is In Decline
The finance industry has been good for the past 3 decades, but it was not a good industry to be in the 3 decades before that period. Now the financial industry is declining and in the future. The center of the business world will be the producers of real stuff, real goods not finance. (Bank of America (BAC), Goldman Sachs (GS), Citigroup (C), Wells Fargo (WFC))
Sunday, November 20, 2016
Only A Few Tech Stocks Are Holding Up The U.S. Stock Indexes
In the U.S. stock market only a few ( 10 to 15) big cap stocks only like 10 or 15 stocks that are holding up the indexes. All the big cap technology companies like Facebook (FB), Netflix (NFLX), Amazon (AMZN), Google (GOOG) and Apple (AAPL).
Crude Oil Will Trade Higher Over The Next Few Years
Crude Oil (United States Oil Fund LP ETF (USO), Nymex Crude Oil futures) will trade higher in price over the next couple of years.Right now it in the process of making a complicated bottom.
Saturday, November 19, 2016
Crude Oil Will Be Trading Higher In A Few Years
Crude Oil is making a bottom, it is in the complicated process of making a bottom. If we look back a few years from now we will say, Crude oil made its low in 2015 or 2016. Prices will be higher than they are now in a few years. (Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE))
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