Category Archives: Uncategorized

We’re right back down at another make-or-break moment. They come frequently these days. Will the bottom hold or is another waterfall crash dead ahead? The Nasdaq already failed its Oct. 10 and Oct. 27 lows and is officially in new, cheaper territory. The S&P; 500 is a whisper away from that ignominy. Same with the […]

Dick Berner at Morgan Stanley’s Global Economic Forum thinks the U.S. will avoid depression and that the recession will be about as bad as the one in 1991, but that this will be the first time since World War II that the world’s advanced economies contract together: “We now think that the depth of the […]

I’m lucky to count among my friends Charlie Michaels, owner of hedge fund company Sierra Global and portfolio manager of the Sierra Europe Fund. Charlie is among the few hedge fund managers sitting on a gain so far this year. According to the HFRI Fund Weighted Composite Index managed by Hedge Fund Research, Inc. in […]

It just keeps getting better for property buyers in America. Here’s a quick time line of my observations: Spring 2007: I found that all the horrible press on subprime loans and predictions of a crashing real estate market had not translated into bargains. In Southern California, multiple buyers were competing on homes of interest to […]

Direxion’s triple leverage ETFs debuted this week: Large Cap (Russell 1K) Bull 3X Shares (BGU) Small Cap (Russell 2K) Bull 3X Shares (TNA) Energy (Russell 1K Energy) Bull 3X Shares (ERX) Financial (Russell 1K Financial Services) Bull 3X Shares (FAS) Large Cap Bear 3X Shares (BGZ) Small Cap Bear 3X Shares (TZA) Energy Bear 3X […]