David Banister: Back on October 3rd, I penned a public article forecasting a major low in the SP 500 to occur around 1088. The SP 500 had been declining from the 1370 highs this May and was in the 1130’s Read more…
SDS, SPY, TNA, TWM, TZA, UWM
“With the market apparently on the verge of another freefall, aggressive investors are once more looking at the promise of leveraged ETFs to try to multiply their gains from a big move in the Read more…
NYSE:DIG, NYSE:DUG, NYSE:FAS, NYSE:FAZ, SKF, TWM, UWM, UYG
Before we can answer that question intelligently, we need to ask three others: “The best for what?”, “The best for whom?”, and “Over what time frame?” Read more…
NYSE:EUM, NYSE:FXP, RWM, SDS, SH, TWM, TZA
“Given the equity market’s long-term trend of appreciation, expenses tied to margin debt and dividend payments, and the potential for a call on outstanding positions, short-selling is a great Read more…
MZZ, NYSE:DPK, NYSE:DUG, NYSE:DXD, NYSE:EDZ, NYSE:FAZ, QID, SDS, TWM
“Given his view that market risk is rising, Ken Kam has chosen a top pick for 2010 that is not necessarily selected in the hope of gains; rather, he chooses a “short” position for its role in hedging Read more…
ETF BASIC NEWS, TWM, UWM
“Dow 5,000 sounds absurd, right? That’s what people said when we foretold Dow 6,700 over two months in advance and Dow 9,000 in March 2009 when the market was at multi-decade lows Read more…
ETF BASIC NEWS, NYSE:DOG, NYSE:FAZ, RWM, SEF, SH, SKF, TWM, TZA
While recent news on the US economy, especially the non-farms payroll data, as been positive (OK, more like less negative than expected), in the past weeks, a number of powerful long term market trends have continued in currency and commodities markets and should continue over the coming months, albeit with the usual short term counter moves. In sum, these include:
- The weakening dollar against all major currencies.
- The ensuing up trend in commodity prices (commodities are priced in USD) and their related currencies, the CAD and AUD against other major currencies.
However, we remain skeptical that the multi-month rally in equity markets will endure. Thus we do not recommend new long positions in them, and await shorting opportunities. Read more…
NYSE:DUG, QID, SDS, SKF, SRS, TWM
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