I was thinking a bit about my previous blog entry on how I said I was ultra bullish. I have actually been thinking on this topic for about a week. And now I realized that this could be the perfect storm against the shorts and those waiting on the sidelines. Though I think it is (more…)
Yes you read that right I am tentatively ultra bullish. Please remember I mean this for a 3 to 5 year time horizon. Let me explain why I am so bullish. Did you catch how oil hit 58 USD per barrel? That makes me ultra-bullish. Yesterday I had a get together with Indians who have (more…)
Over a year ago I commented on how I was very worried about a trend of hedging and companies doing things that did not relate to their core business. A reader said: Christian…I’m sure you’re a great guy. Put your glasses back on…it will likely improve your vision. Really? Look at these news… What has (more…)
I was reading the following on CBC. Although four banks holding 70 per cent of the debt had agreed to erase it for $2 billion, the hedge funds were holding out for a better deal. After allowing talks to continue late into the night Wednesday, the U.S. Treasury finally ended negotiations after the hedge funds (more…)
There was an investor on Fast Money and he said he is seeing patterns of flight into low quality companies, when instead it should be flight into high quality. An example of the flight into low quality was in 2002 how everybody jumped back into Nortel, and we all see how that turned out. First (more…)
I was listening to Fast Money and how the entire crew is sceptical of Apple and its ability to execute, even though it did execute. So what gives, is Apple over valued? Is it a company that is not able to execute? You have to rethink your strategy with Apple. I had a long talk (more…)
You might have heard it, or maybe not. Why is copper going up? In our local paper it is because the Chinese are moving towards currency diversification. Eine Erklärung für dieses merkwürdige Verhalten lautet: Die Kupfer-Hamsterkäufe dienen gar nicht dem Werk-, sondern dem Finanzplatz. «China ist aufgewacht», sagt Nobu Su vom Logistikunternehmen TMT dem «Telegraph»: (more…)
IBM posted better earnings, but worse revenue… OMG sell, sell… Oh yeah Texas Instruments did pretty well… BUT ignore that, focus on how IBM missed, missed… Am I being cynical? Yes I am! As I posted in previous entries the leverage is staying, and the volatility is staying… Does this mean that you stop being (more…)
I now work part of a fund, and on Friday I was talking to one of the traders and we thought, “that was probably it and there will be a pullback…” Guess what today was that pullback… So what was it that we saw? Was it the bad shape of the financial system? Was it (more…)
A blog has leaked the stress tests and in it it says that 16 of the 19 banks are insolvent! Really, no s**t Einstein! Yes the banks are insolvent, but guess what most banks are! In all of this hoopla, and crying we forget one very important thing, most people and institutions who take credit (more…)
