Jim Cramer’s Call: Ultimate Bear Bottom Indicator?
The VIX hit 56 this morning in US and the stock market dropped an average of 4.5% in a day. Since the start of these, the market have dropped 30%. A good time to start bottom calling?
Jim Cramer seems to think not. But in a way, he might be indirecting calling for one:
Bullish investors should […]
Barrick Gold Becomes An Oil Producer?
Barrick’s bid to acquire Cadence Energy surprised me at first. After all, Barrick is a gold miner, right?
The nature of the bid was surprisingly local. Cadence is a small oil driller; we’re talking tiny. They produce 3,600 barrels of oil a day. I mean, why bother? The short answer is this: Barrick is thinking globally, […]
What’s Wrong With Gold Stocks?
Earlier this year (”Gold Stocks Pay Off“), it seemed like the stars had lined up for gold stock investors. Gold equities looked cheap relative to bullion in mid-March, at least on the basis of the GLD/GDX ratio. The ratio, representing the price multiple of the SPDR Gold Shares Trust (NYSE: GLD) over the Market Vectors […]
Nouriel Roubini: Barron’s Interview
Economist Nouriel Roubini have always come across as a perma-bear. He was especially critical during this economic crisis and forecast more problems to follow.
This is a long Barron’s interview with him and he shares his thoughts on this crisis and explains he is not a perma-bear.
LIKE THE EXHORTATIONS OF JEREMIAH TO THE NATION OF Israel […]
Retirement Advice for Twenty Somethings
I thought i will put this up as well. Its a good article that its not all about saving and not having fun. its finding the right balance in life.
From Portfolio.com:
A reader writes:
As a “younger investor” myself looking for ways to
retire with millions (we can all dream), I’ve been trying to start
early and doing my […]
SPC: Singapore Petroleum Corporation second quarter results
Just got wind from Maki that SPC have just released their second quarter results. so how did they fair?
Revenue Growth was 64%
However, net profit grow by only 0.5%
Compare to previous year cash position was drastically reduced to 290 mil from 475 mil
However, what has increased are derivative instruments from 7 mil to 64 mil
Increase in […]
5 Big Winners in the banking crisis
In trouble times in one sector, there is bound to be losers. Likewise, there will be the winners, the sharks that take advantage of others’ pitiful plight to consolidate and expand their position. Such is the nature of business. Jubak here writes on 5 of the most likely winners.
Where there are losers, there are going […]
Stormy Nov Trade
This has got to be my most difficult trade. Sad to say i did not make any money out of this. But I’m glad that I did not take any lost from this trade.
The difficulty in trading a condor in a high IV environment can be felt fully in this trade. Of course i did […]
Understanding Options - Profit (loss) vs Price Graphs
Option overview
An option is a right to buy or sell an asset for a specified price and time.Let’s say you want to by a TV on sale at Wal-Mart. You drive there only to find out that it’s "sold out". So you go to the clerk and ask for a "rain check".
This "rain check" […]
