What I wanted to share with you today is that I love when multiple analyses all point to the same outcome — natural gas prices rising.
Solar has been the future of energy for over a decade, but it has struggled to deliver power today. And there’s a mix of reasons for falling sales.
Like many retailers, Michael Kors Holdings (KORS) is closing stores. Unlike most, the stock is surging. There is good reason. The British company is finally getting back to its roots. After several years trying to appeal to the mass market, it is returning to the fat margin world of upscale brands. I added the stock to the […]
Gold continues to drift lower, just as our cycle forecast projected, with the most active December futures settling at $1,246.70 per troy ounce yesterday at the close of pit trading. And slumping further this morning to a low of $1,241.30. Likewise, silver is trading lower at $15.67 a troy ounce this morning. Still, gold has […]
Well, after a big down day, the price of gold has validated my bet I recommended to you with SPDR Gold Shares (GLD) December $120 Put options. Those puts swung from a deep loss last week and are showing a roughly 38% open gain today. Yeehaw! I think gold will continue moving lower next week. So, we could see […]
Investors have strategies for making decisions. A common strategy for good investors — or at least those who love to tout their goodness — is to buy what’s hated. Sir John Templeton, a guy Money magazine named as the greatest stock-picker of the 20th century, characterized the opportunity to buy what’s hated as the “point of maximum […]
In 2018, the cycles forecast a major move to the upside for the entire precious metals complex, but naturally, some metals will perform better than others. Case in point, earlier this year I pointed out the big disparity between the performance of palladium vs. platinum prices. Historically, precious platinum had almost always traded at a premium to […]
Third Point Reinsurance (TPRE) was added to the Pivotal Point portfolio in the middle of last month, and has struggled a bit since. No worries. The Bermuda company is the public investment vehicle of Dan Loeb, the billionaire activist hedge fund manager. The business prospects, and share price are nearing an inflection point. Reinsurance might not be […]
We have two trades with open gains and two with an open loss. Fortunately, the gains outweigh the losses. And I expect more upside ahead for each. Three of the four trades expire in January, so we have some time with those. However, one of the positions that is down expires at the end of […]
Talk about a reversal of fortune…and not in a good way. Yesterday, the PowerShares QQQ ETF (QQQ) blasted out of the opening gate with a 97-point, or 0.6%, gain. But it lost all those gains and then some before closing with a 17-point loss. However, the rest of the stock market fared much better. The Dow Jones […]
Perhaps you caught it? About five weeks ago, in The Edelson Wave, I wrote Keeping the Faith in the US Dollar. I made the case the Chinese yuan has a difficult road ahead – STILL – if it is to unseat the U.S. dollar as the world’s primary reserve currency. I did, however, make a minor concession: […]