Here is the Forex Currency Strategy updated for the end of January 2010. The picture below shows each currency vs. the US Dollar by monthly return as of January 28.
You must keep in mind that this is a contrarian trade. The monthly trade to go long those currency’s rank near the bottom of the leadership board. [...]
Two weeks ago, Exxon announced it would purchase XTO Energy for $41 billion. XTO Energy is a giant natural gas company. It’s the second-largest producer of natural gas in America, and Exxon’s biggest acquisition since it bought Mobil 10 years ago. Natural gas is cheap, abundant, and produces 60% less emissions than coal. As electricity [...]
Have you heard the adage of, “Having your cake and eating it too?” I seem to remember this from some time back as the adage relates to getting something special in addition to what your wanted. This is like having a cherry on top. As investors, we want to own gold but it is difficult [...]
The bears continue to say the U.S. Dollar will crash. And they may be right someday. But when you look at 2010, the U.S. dollar will not crash. Why? There are too many buyers of U.S. Treasuries so this will keep interest rates low throughout 2010. China depends on the US to ship their cheap [...]
If I was starting an NFL team today, my mascot would be the condor. It would be a ferocious bird with an awesome wingspan wearing iron armour. Legendary Coach Vince Lombardi said he never lost a football game, he just ran out of time. If trading the iron condor was a football game, you would [...]
It is hard to believe we have almost ended 2009 and are starting to plan for 2010. For those of you who asked about the covered call investments, I have a new list of potential investment plays for January. Come on, create a New Year’s Resolution to increase your investing income for 2010. The complete list of [...]
Mohamed El-Erian has earned his status as one of the investment world’s rock stars with surprising speed. After a 15-year career with the International Monetary Fund, he joined Pimco just 10 years ago and began managing the firm’s emerging-markets bond fund. Here is what he said in a recent interview:
The average investor has two issues [...]
Geothermal energy has experienced a rebirth due to new technological advances and the U.S. movement to clean energy technology. You probably did not know that the U.S. led the world in geothermal energy capacity and untapped potential beneath the surface. Improved technologies has the ability to tap unused geothermal energy that is 50,000 times more [...]
It never seems to end during recessionary times, every financial pundit talks about now is the time to live below your means. These people always want to focus on the expense side of the income statement. They act as if you must take on the depression mentality, you will improve your financial status. There is [...]
As an investor, you can select from many strategies to manage your portfolio. The most popular strategy is probably buy and hold. With the buy and hold strategy you purchase a stock and hold it for a long term period. The most famous buy and hold investor is Warren Buffett who claims his holding period [...]
