Santa Claus is coming to town. The Santa Claus rally is right around the corner. Are you ready to get in upfront ? You'll do better ,getting in before it starts. Santa Claus rally on the horizon. It's time to be long and strong !
In the meantime, the Russian Rout continues as the world wide oil war remains in full blast with Saudi trying to squeeze profits and eradicate high cost oil producers.
I like MockingJay like a brother but he is wrong on Oil and Hedge Funds. Back in ea…
A number of stock market pundits are stating that OIL has stabilized or has hit a bottom or will start going upward. THEY ARE WRONG !
OIL WILL CONTINUE TO DROP IN PRICE UNTIL SOMEONE BLINKS
in otherwords until someone reduces their production of oil. It could be the USA, Russia, OPEC countries. BUT UNTIL IT HAPPENS OIL WILL CONTINUE TO FALL.
Now there could be dead cat bounce days where OIL goes up a day or two but overall the trend in DOWNWARD !
I don't see any short term gains by goi…
Watching Oil world politics is interesting. Saudi is betting that the USA will blink first due to higher cost of extracting oil via fracking processes. Saudi forgetting that superior USA technology is what allowed USA to do cheaper fracking and what Saudi is forgetting is that the technology will continue to get better and better which will allow USA to extract oil even cheaper. Currently the oil powers to be is betting that USA will extract additional 1 million barrels more per day in 2015. Sau…
I, in my public real trading portfolio on my website, for everyone to see, shows one THE real world trading. Sometimes, you have winning days, sometimes you have losing days. Some picks are winners, some are losers. All the top hedge funds and guru's such as Buffet, Ehorn, Icahn show winning and losing picks. It's normal. What they try to do is having a winning portfolio at the end of the year. No one is right 100% of the time .... except those who trade 'behind the scenes'
as you might know if you have been reading my blogs, one year ago I came out with a public available for viewing showing transactions in a portfolio I called Catching Fire on a daily basis with the intent of showing them for one year. I had a lofty goal and the one year ended last Friday showing that I had exceeded my goal. I beat every major hedge fund except one !
Today on my website I made an annoucement regarding where I will be going.
One year ago, I decided to make a stock portfolio public allowing one to see all my trades in the portfolio 24 hours a day, seven days a week. All trades, all closed trades for the year are available for viewing.
I set some very lofty goals. With an exposure risk that averages at any given time, $115,000 in the portfolio, I wanted to make a net profit gain of $40,000 which relates to a 35% gain for the year. THIS HAS BEEN ACCOMPLISHED. This is better than 99% of all professional hedge a…
GPRO going with a new product - consumer drones
Will the shorts let the hot air out... likely my guess
as stated in MO's blog of Nov 20 - GPRO not for the meek and weak
Oil - Russia
Oil price plunge coupled with the russian currency falling against the dollar could cause Russia to fall into bankruptcy...again. That is exactly what happened to Russia during Reagan's presidency.
On this pre-thanksgiving day, we wish you a safe, joyful. and prayful holiday. It's time to be thankful that we as a nation are allowed to protest our thoughts. It's painful that some of our paid law enforcements do more harm than help. In my town yesterday, a newspaper reporter was taken in custody for taking photographs of peaceful protesters.
Let us be first to announce the possibility of a buyout of GPRO, the camera company, by the 800lb gorilla monster itself, AAPL Apple. I…
Base starting price = 98
Carl Icahn's target = 203
3J's latest target = 80
AAPL intra-day current price 118
Just like Green Mountain Coffee when it came out as an ipo... many were saying this company selling a coffee gadget won't last. The sad sack shorts got in heavy on GMCR and paid a painful price when the product and coffee took off in share value .... and then green mountain bought out two companies , then signed an partnership agreement with starbucks and then had KO coca-cola buy 10% of the company.
Like Green Mountain coffee, GPRO has come out as a newbie ipo, selling a camera-gadget. Like GM…
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