leh

Total Rating:
+9 / -4

134 Comments

    • Fri Nov 21st 08:35 AM | Rating: 0 0
      Commented on:
      The Battle of the Batteries
      The Tesla runs on li-ion batteries, thousands of them in fact. And there are plenty of other lithium-assisted HEVs coming to market or already there, including the new Mercedes hybrids; Continental is making their packs.

      In China see ABAT and CBAK.
      View article »
    • Thu Nov 20th 09:20 AM | Rating: 0 0
      Commented on:
      Exploiting the Downside of the Markets
      The trend remains down until proven otherwise, and there is still significant risk to the downside here with commercial real estate bonds starting to implode. The relief rallies lately have been pathetic and the institutional buying non-existent; go long at your own risk here. The financials are telling us a story this week--anyone not listening will pay the price.

      Instead of shorting, though, I'm playing 2x inverse ETFs like SKF, FXP, SRS, etc. Measured risk and leveraged potential reward if your timing is good. Take a look at the performance of OTM NOV call options on SKF Wednesday--close to a 1000% gain in one friggin trading session.
      View article »
    • Thu Nov 20th 09:10 AM | Rating: 0 0
      Commented on:
      Throwing in the Towel on This Market?
      Disagree--the fallout in the commercial REIT and bond markets has just begun, and is looking like the next very big boot to drop. Paulson and BB are very low on ammo at this point and are looking more and more like the Keystone Cops by the day. The whack-a-mole economic disaster game goes on, and I have yet to see real fear or capitulation amongst many so-called pro traders, many of whom went long UYG this week. I'm witnessing some very foolish attempts at bottom-picking here by guys with 20-30 years of trading experience; that ought to tell you something, namely that the old overbought/oversold indicators are worthless in the face of murderous fundamentals and overwhelming selling pressure.

      I've concluded that simple chart-reading/trend-fo... is the very essence of good technical analysis, and that many technical traders have become way too prone to pre-mature bottom-picking, i.e. wise guy trades, based on their formerly successful indicators, which apparently aren't working right now. Stupid and dangerous IMO. I'd compare them to a bunch of blind men standing in a torrential downpour and trying to predict exactly when the showers will stop.

      Good luck with that. The market internals are horrendous, period, and there is NO sign of institutional buying here. Until that changes going long is a fools game--unless it's long SKF, SRS, or EEV/FXP.

      Bottom line: Wait for a CONFIRMED bottom, AND for clear signs the big boys are returning to the market. That's not happening now, and I think we're in for a hellish December as mutual and hedge redemptions snowball with tax-loss selling, etc. Dow 5000-6000 would not surprise me.
      View article »
    • Thu Nov 20th 08:52 AM | Rating: 0 0
      Commented on:
      MasterCard Offers a Clear Technical Pattern In an Uncertain Market
      BIDU and SOHU have been in similar very tradeable downward-biased channels for months--at least until BIDU blew up to the downside this week on bad news and plummeted close to $100, somewhat below the channel. After this selloff settles, I'd expect to see the channel to resume, though it may well be a broken stock if it continues to show weakness into next week.
      View article »
    • Thu Nov 20th 08:27 AM | Rating: +2 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      Agreed-- these morning pre-market summaries are concise, comprehensive, and clearly presented.

      Thanks, Alpha, for this great free service!
      View article »
    • Fri Nov 14th 08:26 AM | Rating: +1 -1
      Commented on:
      Bush's Peculiar Wall Street Speech
      Yes, Bush doesn't have a clue, never did, and can't wait to get back to Texas, where perhaps he can find one more business to drive into the ground before he retires. Then he can go on the speaking circuit and do crummy Sammy Davis impersonations of "My Way" while watching the economy tank. And to think he was voted in twice!
      View article »
    • Tue Nov 11th 09:06 AM | Rating: 0 0
      Commented on:
      This Market Is One of Opportunity
      China's even cheaper, with some decent real companies selling their stock for below cash value of the business. YZC is one.
      View article »
    • Tue Nov 11th 09:02 AM | Rating: 0 0
      Commented on:
      Be Very Afraid of Deflation
      "GM and Ford are not in trouble because of a inflation/deflation situation. They are in trouble because the products they produce are not competitive, low-quality, and overpriced. "

      Amen to that, nova.

      I was at my local Chevy dealer here in NY yesterday and noticed two spanking new Cadillac Escalade Hybrids on the lot. Gaudy bling-bling cars that really belong in Moscow or the mideast--wherever corrupt petrodollars exist IMO.

      Nearly choked on my coffee when I saw the pricetag--$79,000!!!--... these silly tacky ridiculous beasts. And when I asked the salesman how much gas the hybrids saved, he shrugged and admitted it was probably only 1-2 mpg. Any question re why GM is on the verge of bankruptcy?
      Sickness unto death indeed...
      View article »
    • Mon Nov 10th 09:22 AM | Rating: +1 -1
      Commented on:
      Be Very Afraid of Deflation
      Gee, all this talk of deflation yet the consumer is seeing nothing but red ink, debt, and expensive services everywhere. The only things I'm seeing deflate to date are overpriced homes, big SUVs, and the price of gas at the pump (all to merely ridiculous from absurd levels)--ditto diesel and heating fuel. And of course the commodisized electronics, which is an old story and irrelevant to this discussion.

      Tell me exactly where you see deflation in our big ticket expenses like health insurance premiums and college tuition, as wells as in every day items such as food (shrinking portion sizes at the supermarket looks to me like inflation), auto repair, credit card fees, out of pocket medical bills such as copays, eyeglasses, and dental costs, and home contractor service call charges. I see nothing but higher costs that person A needs to get from person B to pay person C for services rendered or products delivered. Nobody can afford to undercharge here--can you say inflationary spiral?

      Bottom line: Your dollar buys less every day. Last time I looked this was called inflation. The only deflation I'm seeing (besides in the size of Wall Street and CEO egos) is in real estate (LONG overdue correction IMO) and commodity and related trading markets that had been pumped to speculative and unreal heights with leverage. That hardly qualifies as economic deflation IMO.

      Wake me up when the REAL costs of living go down here for 99% of us here in the US. Until then I'll continue to buy gold stocks.
      View article »
    • Fri Nov 7th 11:51 AM | Rating: 0 0
      Commented on:
      Lenny Dykstra: Smart Guy, Nightmare Advisor
      I take it you're saying LD never buys puts? Seems odd. Is this accurate?
      View article »
    • Thu Nov 6th 09:14 AM | Rating: +1 -1
      Commented on:
      10 Points About the Markets
      Yup, waf and Chubbs are dead-on, the remaining shards of a once great party consist mostly of angry and delusional whites with a very odd sense of priorities and a completely warped idea of what's fair.

      My 15-year-old daughter came home from school yesterday and reported that one of her classmates came in with a big chip on her shoulder after Obama's big night Tuesday. The problem? "Barack wants to tax the upper class." Huh? (BTW this girl's mom is a school teacher and her dad works for the state DOT as a midlevel engineer. I seriously doubt they earn anywhere near the $250K level that Faux Plumber Joe is incensed about.) How is this even an issue???

      Irrational, manufactured outrage over a non-existent issue for 90%+ of Americans shows how lost the red party is. I also fail to see how increasing the tax rate on the upper 5-10% income bracket is the least bit un-American. What a bunch of spoiled, ridiculous whiners.

      Get over it--Bush has trashed this economy for 8 years and we'll be spending the next quarter century trying to undo all the damage. The Republican party's turned into one very tired Limbaugh rant that no reasonable citizen is paying the least bit of attention to. The dour, sourpuss expression on the faces of many in the crowd at McCain's concession speech said it all. Time to move on.
      View article »
    • Thu Nov 6th 08:49 AM | Rating: 0 0
      Commented on:
      Wednesday's Lessons: The Power of Resistance and Overbought Markets
      Great piece, Paul--thanks for sharing. You have yourself a new subscriber.
      View article »
    • Thu Nov 6th 08:16 AM | Rating: 0 0
      Commented on:
      Silver Wheaton: A Promising Silver Play
      Or go with the real POS in the sector, SIL, if only for the enormous short interest. It's been among the strongest miners the last two days.
      View article »
    • Tue Nov 4th 09:21 AM | Rating: 0 0
      Commented on:
      What to Do Now With Solar Energy Stocks
      Short AFTER the Obama rally (which started yesterday IMO), not before.
      As long as oil stays weak, I think this trade will work.
      View article »
    • Tue Nov 4th 08:58 AM | Rating: 0 0
      Commented on:
      A Market Turnaround Is Getting Closer, and Here's Why
      Roubini and now Jamie Dimon are warning that the EMs will continue to get hammered going forward and that the carnage will be substantial. I think your call is way too early. Follow the charts of BIDU and VIP--they are both deep into a long-term bear market. I see a possible relief rally here but would be shorting it hard.
      View article »
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