"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." - Arthur Schopenhauer
Back in September 2011 I released an update stating I was looking for the Dow Jones to make a new all-time high of 14200 in March 2013.
I am one of the few that still believes the FED will raise rates 0.25% on the 16/17 of September, should they not raise I would be very worried and it would be a grave mistake but I am 95% sure they will.
Once they raise rates that will be it for the rest of the year. I then expect two rate increases in 2016 both of 0.25%. This will take the Fed funds rate to 1.00% by end of the 2016 hardly a disaster.
Summertime, An’ the livin’ is easy; Fish are jumpin’ an’ the cotton is high; Oh yo’ daddy's rich an’ yo’ mamma's good lookin’; So hush little baby, don't you cry. Those are the lyrics by DuBose Heyward to the music of George Gershwin, but if the summer livin’ is easy, then the tradin’ ain’t.
So far August is looking weak but fortunately if you followed my articles, we have made good money on the GMCR short which I wrote about in June.
Mention trading commodities to most people and you normally get a pause and then a comment such as “oh commodities are risky”.
Alternatively, you get the story about their uncle Bert that lost his shirt trading pork bellies and even a reference to the classic film Trading Places.
This month I will take a look at a share to short sell and that is GMCR, formally known as Keurig Green Mountain. I will also give a quick recap on selling a share short.
The majority of spread betting clients still prefer to go long a stock yet there are also opportunities to make money selling a stock short and profiting from a down move.
What’s the most hated stock market in the world and who is one of the most hated (still living) leaders? Well in my humble opinion it has to be the Russian stock market and president Vladimir Putin. Every time you switch on the news (except pro-Russian television channel RT) it is bad news about Russia.
It’s all about how Putin has upset someone; the US adds another economy sanction, how lower oil prices are crippling the country and the general view is that Russia is back to the 1980s and everyone is living on potatoes and home brewed vodka!
In this article I will show you how to profit from a short-term correction using the example of biotech, although in the longer term it's a sector I remain a big fan of.
Regular readers will know that I have been a big fan of biotech stocks and making money from the ageing population trend. This is a trend which has been extremely profitable.
Back in 2012 with oil at over $110 a barrel I came out with an article saying that oil would be nearer to $50 in the next few years, most laughed at me and if you search you can still see comments.
Fast-forward and here we are at around $50 and now it seems everyone is an oil expert and they will say they saw it coming… yet they have no evidence to back it up.
With the market tossing traders about in its wild swings, here’s a stock which I believe will hold up whatever the weather.
Regular readers will know I tend to mainly invest in US-listed stocks however I do also have a few UK listed holdings two of which I have held for over 14 years and made a tidy profit.
This month I recommend both buying Fiat Chrysler (NYSE: FCAU) and going short EURUSD, as I remain bearish on the euro and bullish on the dollar and think parity is looming.
Most readers will be familiar with Fiat cars, however many investors are still not aware that Fiat now also own Chrysler (bought out of bankruptcy in 2009), Alfa Romeo, Dodge, Jeep, Lancia, Ram Trucks, Abarth, Maserati and Ferrari.
Thu, 1st Jan - * (ShareCast News) - Commodities should bottom out and recover to some extent in the medium-term, but investors are considerably more sceptical now in the aftermath of the spectacular declines seen in prices recently.