ProShares On Juice – Leveling The Playing Field With Steroids
Things can change quickly in the capital markets. Bears can swiftly turn into bulls, and rallies can end suddenly and without warning. The same is true in the mutual fund business. For years Direxion played second fiddle to ProFunds (owner of ProShares). Now triple-leveraged ETFs have suddenly...
Bond Junkies Lathered Up: 3X Leverage Is Here!
If Xander Cage (AKA Triple X) were ripping trades on a fixed income desk, he’d be in a tizzy today. Moreover, our boy Vin Diesel would be slipping into his outstanding Boiler Room persona named Chris to talk about what’s new in town – and that would be the Direxion Shares 3x Bond...
Get Rid of Debt – It’s That Simple.
So says Nassim Taleb, best-selling author and money manager. Taleb attended a Wall Street Journal conference earlier this week in Washington, D.C., and made some powerful comments regarding the banking and financial services sectors. Big Money has a terrific article by Marion Maneker. Guys like...
Long On Liquidity and Short On Profitability
Bonehead move of the 1st Quarter goes to the FDIC. They placed a negative rating on a bank located in Massachusetts due to the fact that it was not lending enough. You heard that right, the FDIC slapped East Bridgewater Savings with a rare “needs to improve” rating after evaluating the bank under...
Psst – iShares for Sale; Ned, You Listening?
Barclays PLC, the London-based financial conglomerate, is seeking a buyer for its San Francisco-based iShares unit. iShares, an ETF juggernaut, has approximately $300 Billion under management. This division is officially a unit of Baclays Global Investors, a shop with over $1.5 Trillion under management....
AAII Sentiment – Bearish Tilt At All Time High
Computerized Investing (a newsletter from the American Association of Individual Investors) released their March 5, 2009 sentiment survey results yesterday, just in time for a huge counter-trend rally! This week’s survey results saw bullish sentiment fall to 18.92%, below its long-term average of...
Cash Under Your Mattress: The SAFE T Bed
The reality of the worldwide economic plight is reflected in stock prices. We have been trumpeting cash as the best position until economic conditions stabilize. However, we don’t even have a guess as to when “stabilization” will occur, nor does anybody else. It could be years...
Sneak Peak – Netflix (NFLX) Joins Frugalpalooza
Our feature pick of the week is a long-side candidate. Frugalpalooza is coming to the masses, and today we give you the inside track on our latest idea. (Note – we typically release our Pick-of-the-Week candidate in our weekly email. If you are not on that distribution list, click here to...
The Folly of My Inbox
Each and every day, I receive countless emails containing get rich-quick schemes, bogus trading systems, at-home business ideas, the latest and greatest investment opportunity, the next gold stock set to soar, etc etc. The list is endless, providing a good source of humor in an otherwise gloomy environment. Sometimes...
Deflation v Inflation
The most frequent question we receive regards inflation. We think that massive government stimulus packages, bank bailouts, ramped-up fed lending facilities, and other similar plans from governments and central banks in Europe and the U.S. will ultimately cause hyperinflation. The derivative question...
