Archive for the 'Metals & Mining' Category

NetSavingsLink.com – Hype or Who Cares?

I’ve been dying to release this post since Monday of last week when CXLT was trading at 25 cents but I refrained for a number of reasons. In order not to breach my obligations to one of my site syndicates, this is all I’m going to say. Groupon and her twin Living Social, along with [...]

Help Investment Capitalist Cover Costs

It’s not free running a free blog, much less something like a Proprietary Trading site based on Global Macro financial research. Every reader knows that they get something out of the site and for each reader it’s unique. Some like the geo-political twists, some purview based on Quantitative Global financial research. While most of you [...]

Invitation to Join New LinkedIn Group

With all of the clutter and insanity due to groups turning into recruiting grounds and advertising forums for esoteric and mindless products, I was compelled to launch my own LinkedIn Group which is being emphatically embraced by the systematic and discretionary proprietary trading universe, to my delight. I know many of you are Prop. Traders, [...]

What is Gold Telling Us?

While investors are focusing all of their attention on US banks, another systemic risk is brewing compliments of the Eurozone and Chinese Banks. Even Swiss banks are sitting on a time bomb as all of them have lent trillions of Euros to Baltic states, Russia and Latin America. For all intents and purposes, these loans [...]

Journal Entry Jan 26

Week of Jan. 26 This potential bottom almost looks perfect. Do we go in aggressive early and keep buying dips? I think that’s the play here. NTRS- Strong rel. strength. Did not follow sector to new lows in Jan. All of the following are giving qualified Sequential buy signals: SPY: Also inv. H&S ABK- Buy [...]

Trading Ideas for Thur/Fri

For Thursday: JPM- Top name. Target size is 3 boats. Work hard for it. Confirmed/Qualified 12 count. Assume all insiders have been massive buyers over prior several weeks at unheard of prices. This is where crowd psychology starts to shift, and the beginning of the momentum shift is always the toughest AND most profitable. FOCUS…FOCUS…FOCUS… [...]

Caught the Turn, Now Lets Eat…

Or should I say “feast”, to better reflect my opinion? Perfect catch of the turn. Having switched from net short to net long mid day and scored doubles on both sides is excellent for a typically uneventful Wed. Nevertheless, should have crushed it beyond what was achieved. Seems like overly cautious following prior 8 weeks [...]