The way most markets work when you have a big collapse, there is a bounce, often called a dead cat bounce and then after a while you have a retest of the lows. I would suspect that crude oil is going to retest the lows which was in the 40s or 50s depending if you are talking about Brent or WTI. But yes, I would not be buying crude oil at the moment because I am looking at a retest of the lows. I expect that test to hold.
Trading tickers: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Energy Select Sector SPDR ETF (XLE), Halliburton (HAL), Marathon Oil (MRO)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Wednesday, July 15, 2015
Tuesday, July 14, 2015
Deal On Greece: Markets Will Rally For A While
We have heard this all before in the last 5 years. The markets will rally for a while and a year from now or several months from now we will all be again talking about Greece and what we are going to do about Greece.
The debt keeps going higher, the promises keep going higher and nothing really happens.
Trading tickers: National Bank Of Greece (NBG), iShares MSCI Emerging Markets Index ETF (EEM), SPDR S&P 500 ETF Trust (SPY)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
The debt keeps going higher, the promises keep going higher and nothing really happens.
Trading tickers: National Bank Of Greece (NBG), iShares MSCI Emerging Markets Index ETF (EEM), SPDR S&P 500 ETF Trust (SPY)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Monday, July 13, 2015
Markets: Where The Next Hurricane Will Hit
A lot of the hurricane is going to be in sovereign debt, no question about that. At the moment people think the U.S. Dollar, the U.S. Debt is a safe haven. It is not a safe haven.
The U.S. has huge amounts of debt, I am afraid the next time we have a big economic economic problem it is going to be centered in corporate debt.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
The U.S. has huge amounts of debt, I am afraid the next time we have a big economic economic problem it is going to be centered in corporate debt.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Will The Eurozone Fail?
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Thursday, July 9, 2015
If Greece Leaves The Euro, I Would Buy The Euro That Day
If Greece leaves the Euro, I would buy the Euro that day, that minute. If they don`t, if they prolong this, if they kick the can down the road, I will probably buy China.
Chinese shares have dropped a lot, it just depend on who does what to whom.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Chinese shares have dropped a lot, it just depend on who does what to whom.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
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