Shorting Gold: 8 More Signs Gold is Overdue for a Correction
by Louis Basenese, Advisory Panelist
Senior Analyst, The Oxford Club
Two weeks ago I told you it was time to start shorting gold. And the recommendation, as I expected, ignited a brew-ha-ha on our Investment U message board.
That’s because there’s not much middle ground. Most investors are either fanatical or supremely skeptical. If you have any doubt, check out the comments - and all the wonderful names I got called - on our website.
But since I’m a glutton for punishment, and since gold moved in exactly the opposite direction I predicted, it’s time for an update and a little clarification. Read more…
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Investing in Crude Oil: The Best Way to Play Oil’s Imminent Rebound
by Louis Basenese, Advisory Panelist
Senior Analyst, The Oxford Club
Billionaire investor George Soros and I don’t normally see eye to eye. He supports drug decriminalization, assisted suicide, America bashing… and a host of other off-the-reserve liberal causes.
I don’t. I’m an old-school Reagan conservative. (Full disclosure - I’m so old school, I named my first born after the late President.)
But here’s the thing. When it comes to investing, great political divides matter little. Because it’s not about getting our guy elected or unashamedly pushing a partisan agenda.
Instead, business - and by extension, investing in businesses - is only about increasing profits, as Milton Friedman put it. And based on the latest SEC filing for Soros’ hedge fund, we both agree on the best way for investing in crude oil’s imminent rebound… Read more…
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This Company Proves Stocks Aren’t Dead…
by Louis Basenese, Oxford Club Senior Analyst
The Oxford Portfolio Update – February 12, 2009 (Broadcast #845)
I was only two-years-old when BusinessWeek ran its infamous “Death of Equities” cover on August 13, 1979… just before the Dow started one of the greatest bull-market runs ever.
The cover was one of the biggest blunders in publishing history. And the lesson shouldn’t be lost on anyone.
Stocks don’t die. They just endure tough times. And right now, we’re enduring… Read more…
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Shorting Gold: 12 Reasons Making The Case For This Contrarian Investment
by Louis Basenese, Advisory Panelist
Senior Analyst, The Oxford Club
If you’re a self-professed “Goldbug,” feel free to read no further. Or at least spare me your hate mail. Because no matter what I say today, I know you’ll cry foul… or something much more colorful.
But for those of you with an open mind - especially after my last three contrarian predictions proved dead accurate, read on.
Because it’s time to start shorting gold! Read more…
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Small Cap Gains: 2 IPOs the Entire Market Should Be Watching
by Louis Basenese, Advisory Panelist
Senior Analyst, The Oxford Club
Write this date (Feb. 11)… and these new IPO tickers down (OGAR and MJN).
Last week, we got the most bullish indicator for a small-cap rally yet. However, most investors didn’t catch it. And it received scant attention in the financial press, too.
But ignoring it could be a big mistake, as it could usher in the first round of sizeable small cap gains (50% or more). And I certainly don’t want you to miss out, so let me bring you up to speed… Read more…
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Corporate Profits Might Be Falling, But Don’t Let Yours…
The Oxford Portfolio Update - January 22, 2009 (Broadcast #842)
by Louis Basenese, Oxford Club Senior Analyst
Forget the four-day rally for the S&P 500. Or the fact that it traded above its 50-day moving average yesterday for the first time in weeks. Unless you’re a technician, these feats hold little value.
What matters instead, is what’s going on at the company level. And two headwinds exist that can’t be overlooked.
First, companies keep cutting dividends. At the fastest pace in 50 years, no less, according to Howard Silverblatt, Senior Index Analyst at S&P. Already this year, seven companies in the Standard & Poor’s 500 index have decreased their dividends, wiping out roughly $12 billion in payments investors were banking on. Read more…
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