The new bull market will not be in [financials] or consumer discretionary. So get rid of these stocks when they bounce bace: Apple, GM, Sony, Macy, Sharper Image, AIG, C, BAC, JPM etc...
It will be in precious metals, energy, agriculture, technology, rail, consumer staples, and water treatment/infrastructu...
Is the Commodities Bubble Popping?- Fast Money Recap (4/29/08) [View article]
The futures market may seem speculation. However it is a reflection of what people (you and me) are willing to pay for oil. By going to the gas station we are saying we'll suck in $120/barrel oil and $4/gallon gas.
So if we wan to reduce cost of gas/oil, then there needs to be a corresponding reduction in demand.
However, this is unlikely as everything we use is directly or indirectly derived from oil. Not to mention, now that China and India have seen movies from Hollowood, they too want the SUVs, big houses and RVs.
I think &6/gal gas and higher is in the cards. This may lead to another military confrontation - which will drive price of oil even higher.
The Market Domino Effect: Staying Ahead of the Curve [View article]
Weather we like it or not, the ball is already in motion.
The age of paper assets (stocks, bonds, derivatives, fiat currencies) is in the process of making way for hard assets (commodities, precious & base metals, agriculture products, oil, energy, infrastructure, etc.)
When you see a market trading sideways, you should know that it's demise is close.
To each his/her own, in the end the REAL market will prevail.
Best Stocks for 2009 [View article]
Just check out GDX and its composits!!!!
Best Stocks for 2009 [View article]
It will be in precious metals, energy, agriculture, technology, rail, consumer staples, and water treatment/infrastructu...
Is the Commodities Bubble Popping?- Fast Money Recap (4/29/08) [View article]
Is the Commodities Bubble Popping?- Fast Money Recap (4/29/08) [View article]
So if we wan to reduce cost of gas/oil, then there needs to be a corresponding reduction in demand.
However, this is unlikely as everything we use is directly or indirectly derived from oil. Not to mention, now that China and India have seen movies from Hollowood, they too want the SUVs, big houses and RVs.
I think &6/gal gas and higher is in the cards. This may lead to another military confrontation - which will drive price of oil even higher.
The Market Domino Effect: Staying Ahead of the Curve [View article]
The age of paper assets (stocks, bonds, derivatives, fiat currencies) is in the process of making way for hard assets (commodities, precious & base metals, agriculture products, oil, energy, infrastructure, etc.)
When you see a market trading sideways, you should know that it's demise is close.
To each his/her own, in the end the REAL market will prevail.