Year: 2010

Newmont Mining (NEM) – Good as Gold

We added a position in Newmont Gold (NEM) on Thursday. It has been on our radar for some time and after the very well received earnings report, we found that it is time to include it in our portfolio.

Below you will find the latest Horowitz & Company snapshot (in alpha...

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PIGS: CDS Pricing Shows the Default Risk Clearly

Amazing how the cost has spiked even higher than the worst we saw at the pinnacle of disaster in late 2008. CDS pricing to insure against default on the sovereign debt of the PIGS are skyrocketing.

The chart below provides a good view of just how bad it really is. Not...

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Initial Claims Charts – This is Recovery?

Blamed on the weather this time, the initial claims are creeping quickly toward the 500,000 mark. This is not what the trend had been showing and took investors off-guard and provided fresh reason to sell.

Continuing claims (the “old” stat) is leveling off and looks as though...

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Natural Gas (UNG) – A Strategy for Profit

We have taken a stake in Natural Gas through the United States Gas Fund (UNG) ETF. Traditionally we have shied away from this as there has been an epic departure from its performance as compared to the actual price of natural gas. But looking at the recent weather...

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