• 206 days Could Crypto Overtake Traditional Investment?
  • 211 days Americans Still Quitting Jobs At Record Pace
  • 212 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 216 days Is The Dollar Too Strong?
  • 216 days Big Tech Disappoints Investors on Earnings Calls
  • 217 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 218 days China Is Quietly Trying To Distance Itself From Russia
  • 219 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 223 days Crypto Investors Won Big In 2021
  • 223 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 224 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 226 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 226 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 230 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 231 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 231 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 233 days Are NFTs About To Take Over Gaming?
  • 233 days Europe’s Economy Is On The Brink As Putin’s War Escalates
  • 237 days What’s Causing Inflation In The United States?
  • 238 days Intel Joins Russian Exodus as Chip Shortage Digs In
  1. Home
  2. Markets
  3. Other

Holy Nuclear Cows

5/30/2008 9:59:44 PM

Hello Everybody, Welcome to my newsletter

To learn more about my Fat Pitch ETF Advisory, please click here.

Trade Actions:

Buy SRS Ultrashort Real Estate @ 84.80 or Better
Sell Short RCD Consumer Discretionary @ 39.5 or Better
Buy FBT Biotech @ 23.2 or Better

Market Outlook/Potential Opportunities:

The US Stock Market probably still has another Major leg to the downside. Before that happens, I think a short-term bounce to the upside could happen here. We are in that bounce and it is a weak one. Still there are pockets of strength as seen by our Emerging Cancer Fund. Biotech is also looking good and we are trying to enter into it at our price. We also are trying to set up Short positions. Still looking at ITB home construction and IAT regional banks as shorts, but need a rally to sell into. We will also be looking at a few more shorts in the Stock Market. You cannot sell short in an IRA, so I am looking at a couple of funds that you can buy, which are short on that index. A good example is we are trying to buy SRS Ultra short Real Estate. For those of you that cannot get short an Index, these Short and Ultra short Funds will do that for you. We are looking very good on our Inflation Hedges. Nuclear and Livestock are doing very well. Palladium and Biofuel and Water will definitely kick it up. That is why I would prefer not to have a stop on them. If we get filled on these three new Trade recommendations, it will put us right where we need to be at 11 positions. It will fluctuate, but this is ideal. Also, I believe in diversification 90 %of the time. (Base hits will score a lot of runs.), but if I see a unbelievable Fat Pitch and I need to remove some under performers in order to swing for the fence, that is what we must do.

Current Long Portfolio:

Long CGW Global Water @ 25.55 It closed at 25.16 None
Long ( 2 ) PAL Palladium Fund @ 6.55 It closed at 5.68 None
Long EWT iShares Taiwan @ 15.65 It closed at 16.23 Stop @ 16
Long NLR Nuclear Energy @ 32.59 It closed at 35.81 Stop @ 33
Long COW iPath Livestock@ 44.39 It closed at 44.89 Stop @ 43.5
Long HHJ Emerging Cancer @ 16.28 It closed at 16.23 Stop @ 15
Long FUE Elements BioFuel @ 10.0 It closed at 10.09 None

Current Short Portfolio:

REM Mortgage Real Estate Investments Trust @25.2 It closed at 25.17

Recently Closed Positions
Long DBB @ 25.60 Stopped Out @ 24.5

Thank You
If you have any questions, please e mail me bill@stockbarometer.com.

 

Back to homepage

Leave a comment

Leave a comment