Friday, February 27, 2009

Dollar versus Russian Ruble chart analysis

Dollar versus Russian Ruble chart analysis ;
Quick facts ;
1) Parabolic rise
2) Double top ?
Dollar versus Ruble is overbought (main uptrend is intact so far)
See that trigger level ? short right below it

If we legalize drugs and tax it, we can solve the financial crisis

Cartoon of "how to solve the financial crisis"
We know that the war on drugs never solved a single thing.
How about just taxing it ?
At least we would have clean products.
Look at Holland ?
Ok, here we go, sign the petition !

SP 500 chart analysis

The SP 500 index is sitting right on support ;
Main channel is clear
Double bottom ? Who knows, who cares ....
I decided a few days ago to inject money ; small positions in the ETF (SPY)
My hope ? it goes lower so I can buy more shares :)
Value players and stock pickers willrule over the next three years.
Warning !! expect to see many BS books on "how to pick stock like great value masters" in the next three to five years.
Any fool knows that most quality (well known global brands) are ON SALE.

Euro Dollar chart analysis

Pay attention to that key level on the Euro Dollar (see red line support).
We have seen a lot of fake moves (upwards)
Main pattern is still ; "lower highs" ; meaning ; bearish !
Gut feeling ? The $USD Dollar goes higher

Light crude oil chart update

Quick update for the chart of light crude oil ;
1) 42$ is our stop loss level
2) Watch out for fake moves !

PowerShares DB Crude Oil Dble Long ETN (DXO)

Great move yesterday in the PowerShares DB Crude Oil Dble Long ETN (DXO).
Crude oil is back down today (trading at 44.20$) this morning in Europe.
Warning ; like I said a yesterday ; watch out for "fake moves"
The PowerShares DB Crude Oil Dble Long ETN (DXO) is VERY volatile !
See that resistance ? its the 50 days moving average.
Expected scenario ? look at the blue arrow on the chart

Apple iPhone Users Join the Fight Against Parking Tickets

Apple iPhone Users Join the Fight Against Parking Tickets: "Apple's iPhone does so much more than make phone calls. It's so cool it might help you get out of a parking ticket!

Parkingticket.com today announced full compatibility of its online service with the Safari web browser on the Apple iPhone, enabling an iPhone user to immediately contest a parking ticket the moment it is issued. The iPhone, combined with its versatile camera revolutionizes the way people can now fight back against predatory ticketing using the parkingticket.com website.

'Imagine, you come back to your car from dinner and find a ticket on your windshield and you were positive you had parked legally. Now, without even leaving the scene, you can use your iPhone and begin to fight your ticket. You react instantly to a ticket using your iPhone,' explains Glen Bolofsky, President of parkingticket.com."

Now that's what I call a great idea !

Thursday, February 26, 2009

US Dollar versus Israel Shekel

US Dollar versus Israel Shekel chart analysis (see older posts in the blog search by just typing "shekel")
Multiple ABC pattern confirm uptrend is intact.
Raise your stop to 4.1
A little overbought, so expect a sideway trade pattern in the next few weeks.

PowerShares DB Crude Oil Dble Long ETN (DXO)

Keep your eyes on the price of crude oil today ; just got above 42.5$
Getting ready to buy PowerShares DB Crude Oil Dble Long ETN (DXO)
Price will close that gap (see chart)
Warning ; watch out for fake moves !

Light crude oil buy trigger

Buy trigger activated in light crude oil, see target level on chart
Stop loss @ 42$

Investors with $3 Trillion Urge Congress to Pass Strong Energy and Climate Change Legislation to Boost Economy

Investors with $3 Trillion Urge Congress to Pass Strong Energy and Climate Change Legislation to Boost Economy: "Echoing the same energy and climate change policies that President Obama trumpeted in his speech to Congress last night, a group of 35 investors with over $3 trillion in assets today called on Congressional leaders to pass strong legislation to advance a clean energy, low-carbon economy and U.S. competitiveness.

In a letter delivered this morning to House and Senate leaders and the Obama Administration, U.S. investors specifically called for adoption of the following policies: a strong national Energy Efficiency Resource Standard; a national Renewable Portfolio Standard (also called a Renewable Electricity Standard); a mandatory national climate policy to reduce greenhouse gas emissions economy-wide; and a low-carbon fuel standard and other transportation policies to lower use oil use and greenhouse gas emissions."

Wednesday, February 25, 2009

Germany Dax index chart analysis

Pay attention to 3 facts regarding the German Dax index ;
1) Resistance channel is quite clear
2) Candle reversal means buy ? Not yet.
3) Tight channels never signal end of bear markets, violent swings do.
Gut feeling ?
We are VERY close to a bottom.
We could trade lower, but it will probably not last long.
Trading plan ; buy small positions today and wait at least one week ; small positions means 2 to 5% of your portfolio (assuming you are holding only cash right now).
No need to diversify if you are in Germany (no need to exchange your Euros for other currencies).
The Dax will trend higher faster than you can imagine

Apple Inc. (AAPL) buy triggers

Did you buy Apple Inc. (AAPL) ?
Focus on that stop loss level.
Add more shares above 1, and 2

Cartoon on crude oil prices


Cartoon on crude oil prices ; warning that prices would not go to the moon :)
Published on July 22 !

Fix a loss with higher risk ?

Cartoon of a financial advisor telling a client to "fix a loss" with higher risk.
Funny how so many financial web sites (and blogs) have advertisements regarding "forex".

Light crude oil chart analysis

Lets take a quick look at the chart of light crude oil ;
1) Yellow level is our real support with what seems to be a slight higher lows pattern.
2) Green level is our first "hurdle", we need to get above it.
3) We need to get above $42 in order to focus on our oil ETFs
Oil ETFs ; UCO, USO, DXO, XLE

Expecting a Gold crash

This kind of title often brings out a lot of angry investors.
Look, this blog is in fact my trading diary ; I take notes all the time.
It helps me keep track of my chart analysis. Do you take notes ?
Do you print your charts ? How do you know if your analysis was right or wrong ?
Ok, back to gold ;
1) We can clearly see that gold has been giving us a few "fake moves"
2) The recent higher lows pattern without forming a channel is very rare.
3) Has this been a HUGE fake move ?

Tuesday, February 24, 2009

I am buying today

I am starting to buy ; small positions in the following ETFs ;
SP 500 index (SPY)
Russia ETF (RSX)
Brazil ETF (EWZ)
Nasdaq 100 Q's (QQQQ)
China ETF (FXI)
Buying small positions ; will increase if shares go lower

Home Repossessions Set to Increase in 2009

Home Repossessions Set to Increase in 2009: Predictions that half a million UK homeowners will fall into serious mortgage arrears this year is likely to lead to tens of thousands of homes being repossessed. While this is grim news for those homeowners, bargain hunters could help bring life back into the property market, says Primelocation.com.

With banks and building societies in the UK still reluctant to lend money, the prospects are for a bumper year for property auctions. Buyers with access to cash can make purchases up to 40% below prices advertised in estate agents' windows.

Russia ETF (RSX)

Weekly chart of the Russia ETF (RSX) ;
Quick facts ;
1) Sitting right on support
2) ETF following the price of crude (sort of)
Trading plan ; this current price will be my SELLING price.
What am I saying ?
Will buy if this ETF dips below 9.50$ and increase positions below 9$.

iShares MSCI Japan Index ETF (EWJ)

Focusing on the weekly chart of the iShares MSCI Japan Index (EWJ) ;
Looking at 2 facts ;
1) Broken support
2) Very Low PE ratio
Will start to buy today (small positions) and increase as/if this ETF goes below 7

iShares MSCI Brazil Index ETF (EWZ)

Quick case study of the iShares MSCI Brazil Index ETF (EWZ) ;
1) This ETF is acting better than most global market indexes
2) Broken trend (from Nov 2008)
3) Double top confirmed
4) Possible bounce up since we are right on support
Trading plan ;
If market bounces up today, this ETF will probably act stronger.
Is that a buy signal ? No
Focus on US blue chips first

Alpha Global Investors in German

http://a-global-investment.blogspot.com
You may now also follow this blog in German :)

Monday, February 23, 2009

Artprice: Pierre Berge-Yves Saint-Laurent Sale - the Big Event of the Year

Artprice: Pierre Berge-Yves Saint-Laurent Sale - the Big Event of the Year: "For at least six months, the sale of the Pierre Berge and Yves Saint Laurent collection has been the focus of much media attention, described as the 'sale of the century'. At a time when The Art Market Confidence Index (AMCI) was firmly in the red, the means allocated to the sale of some 691 lots are commensurate with the works being presented: exceptional. According to thierry Ehrmann, Artprice chairman and founder, 'this milestone sale might keep France in its 4th position of the art revenue ranking.' (Rank #1: USA, #2 United Kingdom, #3 China, #5 Germany - Source: Art Market Trends 2007)."

Inbicon Introduces the New Ethanol

Inbicon Introduces the New Ethanol: "Danish biotech pioneer Inbicon announced a series of technical and marketing initiatives for bringing commercial-scale cellulosic ethanol to North America. Under the banner of The New Ethanol, and in collaboration with the U.S.-based G-team, Inbicon is putting the finishing touches on new engineering and business model that incorporates its proprietary technology into a new pathway for converting biomass to ethanol.

CEO Niels Henriksen says, 'Our new model of the Inbicon Biomass Refinery will allow North American grain-ethanol plants to add 20 million gallons a year of The New Ethanol to their output. Better yet, the new model generates its own bio-power, enough to not only produce The New Ethanol but also send a significant amount of green electricity and steam to the host plant, cutting the host's energy costs dramatically.'"

Jim Rogers is wrong, its time to invest in the FTSE UK Index and the Pound


Jim Rogers was right a long time ago.
Back then, trends where easy to spot, good infos where hard to get ....
They (with Soros) made the right bet and used high leverage.
We all know the story.
Any fool can make money on a defined trend using leverage.
Then ? he wrote many books, moved to Asia, blablabla ....
He kept on reminding the world why commodities will fly to the moon .....
They did go up, and crashed ......
He is now telling us that he will NEVER again invest in the UK or buy the Pound ....
Mmmmmm
Call Mr Rogers your best contrarian indicator.
Now, back to the charts :
1) The pound broke out of its downtrend, giving us a clear ABC pattern ; "C" level is on your long term buy trigger.
2) The "Footsie" FTSE UK index is once again testing its long term trend (regression to the mean). If you are a long term investor, start buying on the dip ; using the same amount of money per month.

Euro Dollar chart analysis

Concerning the Euro Dollar chart analysis, I posted this a few days ago ;
http://gicharts.blogspot.com/2009/02/euro-dollar-chart-analysis_17.html
The clear target was 1.2400
I mentioned "always expect the unexpected" ; it did happen, we got a bounce up.
Now pay attention to todays candle ; see that reversal ?
If we go below todays low, short !
1.3000 level and above is now a clear long signal

Saturday, February 21, 2009

Dollar versus Russian Ruble chart analysis

Dollar versus Russian Ruble chart analysis ; type ruble in the blog search to view past posts.
Up trend is intact ; focus on that stop @ 34.
Warning ; clear parabolic rise
MACD way oversold
Expecting a sideway trade pattern

Dollar versus Israel Shekel

Type Shekel in the "blog search" to see past posts ;
Dollar uptrend is intact, raise your "weekly stop to 4"
Target is now 4.3

Case study of Apple Inc. (AAPL)

Lets do a little case study of Apple Inc. (AAPL) using a weekly chart.
What do we notice ?
Apple Inc. (AAPL) is acting better than the SP 500 index
It is often stuck in "long" channels
Break outs after these long channels are often quite violent.
Wait for the break out on improved news

This stock market is a huge scam

A lot of investors are feeling this way ; "this stock market is a huge scam !"
Round up the usual suspects :)
The media !!!

Dow Jones Industrial Average chart analysis

I often get emails asking me if I see an inverted head and shoulder in the Dow Jones Industrial.
1) Your mind will often twist a chart
2) Patterns appear AFTER a price move
3) Yes, you may have a "gut feeling", but do not let it twist the looks of the chart :)
Gut feeling ?
Tuesday, I go shopping for the Dow and other indexes (and stocks)
Then ? pray that the Dow goes lower so I can buy more shares :)

If you own the niche, small is big

Do you get that feeling these days ?
I see small businesses "owning" certain niches doing ok ....
Maybe its time to focus on "microcaps" who depend on local markets

When the business model does not work, nationalization is the solution ?

We use to say that "only fools" do not change their minds ....
In the old days, when a business model did not work, you changed it ....
Now, all you have to do is Nationalize .....

How to resist protectionism ?


How to resist protectionism ?
Many nations have seen their export-dependent economies suffer from a slump in demand from developed countries.
A firm commitment to no-protectionism and to better commit each region to a programme of further liberalisation of trade and investment .... mmm these days, it seems like everyone is "looking at each other" and wondering how to protect certain local industry ...
Next ? Close the borders to save our crashing economies ?

Friday, February 20, 2009

On my radar screen

Bank Of America Corp ( BAC )

Citigroup Inc ( C )

Wells Fargo ( WFC )

Financial nightmare continues ..... imagine what will happen on monday ?

General Electric ( GE )

Alcoa Inc ( AA )

Cemex S.A. De C.V. ( CX ) ; no more demand in cement ? I doubt it ....

DOW Chemical ( DOW )

Let's use some common sense here ......

Gut feeling ? these are prices you may NEVER get a chance to see again in the next 20 years.

You have two options ;

1) Buy, hold, and forget about them

2) Wait, and regret .....

I am a trader using business logic of a long term investor ; meaning ?

Shopping time for me will be tuesday (hoping for another crash on monday) :)

I plan to buy those shares (see list above) with 5% of my capital

Then ? buy more if they go down again

Confused banker cartoon

I prefer to invest in a confused artist than a confused banker .....
The banker confused "your money" for "his" money ....
Maldoff, Stanford, etc ... and many more to come

PowerShares (DXO) and light crude oil


We did see a clear buy trigger activated in light crude oil yesterday.
What am I waiting for ? regarding PowerShares DB Crude Oil Dble Long ETN (DXO).
1) I hate to go long on fridays
2) The $USD Dollar is still our big winner !
High crude oil prices and a rising Dollar ???? when I see that, I know that one of them as to snap.
Its like Gold and the Dollar rising together ..... not normal ....
Trading plan ;
I need to see oil close the week above $40 in orderto go long on DXO

United States natural gas fund ETF (UNG)

Let's take a look at the United States natural gas fund ETF (UNG) ;
Broken support level is confirmed.
Notice how the "wave" as acted as a real resistance level.
Next ?
Slight increase in volume ; meaning ? do not short .... at least yet !
Get ready to add this ETF to your buy list (buy and hold)
Patience, not yet.

Busy reading the following

70% of Santander Clients Take Madoff Settlement
That was really a great move by the Spanish Bank Santander ! (read the article)

Anglo American to cut 9,000 jobs
I call this "almost" a contrarian message ; time to buy soon ?

Secret Swiss bank accounts under threat
Is that another sell signal for UBS and Credit Suisse ?

5 Reasons to Follow Soros' Oil Rebound Play
The writer makes a good point on focusing on Brazil's Petrobras (PBR)

Swiss Franc Losing Haven Status?
Probably, thanks to its banks and all the BS they sold .....

Currency dispute exposes Moscow rift
A senior Russian official ­on Tuesday called for the immediate imposition of exchange controls to ensure the foreign currency spent supporting the rouble was not taken out of the country.

Standard & Poor's Announces Change to U.S. Index

Standard & Poor's Announces Change to U.S. Index: "Syniverse Holdings Inc. (NYSE:SVR) will replace Advanced Medical Optics Inc. (NYSE:EYE) in the S&P MidCap 400 after the close of trading on a date to be announced. Advanced Medical Optics is being acquired by S&P 100 and 500 constituent Abbott Laboratories (NYSE:ABT) in a cash tender offer that is still pending final approvals."

Thursday, February 19, 2009

Dow Jones Industrial Average chart analysis

Quick look at the Dow Jones Industrial Average ;
Sitting right on an important support level ; double bottom or not ?
Pattern tells me we are heading lower. If we end the week lower, we might face a black monday.

Berkshire Hathaway Inc. (BRK-A) cartoon

Cartoon of Berkshire Hathaway Inc. (BRK-A)
If time is on your side, consider this price has a nice and cheap "Buffet" :)

Light crude oil entry level

Pay attention to that entry point on light crude oil.
1) Support level sems to hold
2) $USD Dollar should face a pull back (slight)
3) Focus on DXO

PowerShares DB Crude Oil Dble Long ETN (DXO)

Lets do a quick case study on the PowerShares DB Crude Oil Dble Long ETN (DXO) ;
1) The "50" days moving average has been quite reliable
2) Notice the volume break out (spikes) on the "grey support level"
Trading plan ;
A) Is DXO oversold ?
B) Volume spike means capitulation ?
C) Will Opec keep on cutting ?
Conclusion ; after more than 18 years following commodities, I learned one simple fact ;
When demand increases, you can never find enough refiners (thus prices zoom up).
When an economy slows down, refiners close their doors, workers are fired ..... and we end up going back to that old vicious circle of economy improving, demand is rising, and not enough refiners .....
My point ?????
Get ready !!!!
Demand for oil will be there to last a long time ! Patience !!!
DXO will make us VERY rich, SOON !!!!
Patience
PS : when you make millions ; consider buying some of my paintings :)
www.moiselevi.blogspot.com

On my radar screen this morning

UBS admits helping tax evaders
UBS has agreed to pay $780 million in fines and restitution, and to turn over account information. According to Swiss law, that is illegal ??? mmmm
European states will now demand the same from UBS ? turn over account infos or face a huge fine ?

TIME's 25 Best Blogs of 2009
Amazing how blogs are actually taking over regular media !

Brazil ETF (EWZ) ; sitting right on the 50 days moving average ; $40 is a clear resistance level, it should also be your main entry point when (if) EWZ goes up again.

Financial Index ETF (XLF) ; Trend is still bearish, but I have to agree with long term investors who now wish to buy step by step this index ; go small !!!! that's the secret here, buy one step at a time with a three years target. (Yield is pretty good)

Citigroup (C) ; sitting right on a triple support level (from Nov 2008, Jan 2009, and now)
Next move ? wait for a technical bounce up ; if we do get one today, I'll enter.

Wednesday, February 18, 2009

Silver ETF (SLV)

Pay attention to the Silver ETF (SLV) ; 
1) Are we facing a fake move ? 
2) Recent price rise was done "too fast"
3) Huge volume seen on chart ? Top ?
If you wish to go long, use the gap "level" as your stop loss
PS ; I am not going long on Silver

CAC 40 France Index chart analysis


Lets take a look at the CAC 40 (France's Stock Index) ;
Do you see those "fake moves" ?
What is my trading plan ?
1) See that support level ? Hoping to see a drop below it so that I can buy some positions in order to sell on the next rally (hoping to buy at 2750)
2) Buy the oversold, sell the bounce up, then GET out !

XTO Energy Increases Quarterly Dividend

XTO Energy Increases Quarterly Dividend: "XTO Energy Inc. (NYSE:XTO) today announced that its Board of Directors has increased its quarterly cash dividend to 12.5 cents per share, up from 12 cents per share."

Cooling Buildings With Solar Heat

Cooling Buildings With Solar Heat: "Demand for cooling systems is growing extremely rapidly. This growth is driving up worldwide demand for electricity, especially in the warmer climatic zones. As a consequence, interest in innovative, energy-saving technologies such as solar thermal is also growing. The principal function of solar thermal systems is actually to convert solar energy into useful heat energy. However, this heat energy can also be used for the energy-efficient air conditioning of buildings."

Despite global economic crisis, 47% of China suppliers expect double-digit growth in 2009

Despite global economic crisis, 47% of China suppliers expect double-digit growth in 2009: "China's suppliers remain optimistic about sales growth prospects in 2009, with 47% of executives expecting sales growth of 10% or more in 2009. This is according to a survey conducted by Global Sources' (NASDAQ:GSOL) Chief Executive China magazine ( http://www.ceconline.com/ ) early this month."

Nationalize the Banks Now...Before It's Too Late, Says Michael Parness, CEO of TRENDFUND.COM

Nationalize the Banks Now...Before It's Too Late, Says Michael Parness, CEO of TRENDFUND.COM: "Michael Parness, the outspoken CEO of TrendFund.com, believes that the only logical and constructive plan for restoring the public's trust and saving taxpayers trillions of dollars, is to nationalize the banking system."

Stanford Group and Stanford Capital Management

Stanford Group and Stanford Capital Management ;
R. Allen Stanford and two colleagues, working through a web of firms in Houston and the Caribbean, lied to customers about how their money was being invested and how the firms' investment portfolios had performed, the Securities and Exchange Commission said in a complaint.

What am I telling you this ?
A few years ago, a head hunter called me to see if I was interested in meeting Stanford offices in Zurich ; I agreed, they wanted to meet me "fast". They paid 900 Euros to fly me from Brussels to Zurich since they could not wait .....
Great looking offices, great looking brochures ; they basically needed a private banker with clients in emerging countries.
Their main offer ? CDs with a very high yield.
how can you offer such a yield I asked ? Do not worry, we have an amazing team of fund managers.
The story gets better ; for all your clients, we can send you our private jet to pick them up, bring them to Antigua, offer them a full week holidays (on us), and pay you 1.5% commission (beside my fat salary).
I asked them ; how much does it cost to use a private jet ? Not much they answered.
So I called Netjets and asked them a few days latter.
Conclusion ; a client had to bring a minimum of 1 M $USD ; cost of the flight, hotel, etc ... was around 65 thousand $USD, plus my 1.5% commission !!!!
I called them about it ......
They answered several weeks latter ; we are sorry, our private detectives told us not to work with you.
Mmmmmm

Fortis, looking back at an old post

Post written on Sept 22, 2008 !
What bothers me about Fortis Bank right now is the fact that we still have "no idea" how deep the problem is with them ....
Will the ECB come to save the big European banks ? I doubt it ....
The blue arrow you see on the chart is the scenario I am expecting ..... unless they start selling their assets in Turkey, Poland, Portugal ..... etc ....
PS ; type Fortis in the blog search (top left hand side)

Tuesday, February 17, 2009

Low PE ratio ETF

Brazil ETF (EWZ)

SP 500 ETF (SPY)

Japan ETF (EWJ)

Bottom line ?
I am planning to go shopping REAL soon :)
SPY ? hoping to buy below 75
Japan ? How about buying at a PE below 3 ?
Brazil ? Pattern looks ok (compare to the others), planning to buy around $30.
Inject 10% of your capital, wait one week, hope for another free fall and add more positions.

On my radar screen

Citigroup Inc ( C ); testing triple bottom. Most financials have the same patterns, breaking most support levels.

Wells Fargo ( WFC ); testing previous lows, a break below 13.5

could cause a real damage

DB Double Long Crude Oil ETN (DXO) ; huge volume, will test lows @ 1.70?

Gut feeling ? Bottom is near ; get ready to go long and "probably" make a fortune in a reversal play

Australian Dollar chart analysis

Quick look at the Australian Dollar ;
1) Clear multiple fake moves ; what does it tell us ? traders will sell those levels.
2) Next move is a probable drop, heading to re test those lows.

Euro Dollar chart analysis

Target is quite clear on this chart of the Euro Dollar.
Clear, and too obvious .....
What do I mean ?
Pattern tells us that you should "short" the Euro, and increase your "shorts" right below the yellow channel.
What do I fear ?
A snap !
A candle that goes real low during the day and reverses upward .....
If that occurs, cut your shorts fast, it could signal an oversold condition.
PS : always expect the unexpected :)

Alcatel-Lucent's Alternative Energy Program is Telecom Market's First Solution for High-Volume Deployment of Wireless Base Stations Powered With Alternative Energies

Alcatel-Lucent's Alternative Energy Program is Telecom Market's First Solution for High-Volume Deployment of Wireless Base Stations Powered With Alternative Energies: "Alcatel-Lucent (Euronext and NYSE: ALU) today launched a comprehensive program to enable the high-volume deployment of wireless base stations powered by alternative energy sources to address mobile operators' increasing demand for energy-autonomous and green wireless networking equipment.

Alcatel-Lucent's new 'Alternative Energy Program' will help ensure that service providers can quickly and cost-efficiently deploy wireless networks even to areas not served by electrical power, in all range of climates and geographies and under all deployment conditions. As part of the program the company is establishing a unique lab and pilot site at Alcatel-Lucent's Villarceaux facility near Paris to foster an ecosystem of internal experts, partner companies and institutions to bring together the alternative energies and telecoms worlds."

Nokia and Qualcomm Plan to Develop Advanced Mobile Devices

Nokia and Qualcomm Plan to Develop Advanced Mobile Devices: "Nokia (NYSE: NOK) and Qualcomm Incorporated (Nasdaq: QCOM) today announced that the two companies are planning to work together to develop advanced UMTS mobile devices, initially for North America. The companies intend for the devices to be based on S60 software on Symbian OS, the world's most used software for smartphones, and leverage Qualcomm's advanced Mobile Station Modem(TM) (MSM(TM)) MSM7xxx-series and MSM8xxx-series chipsets for cutting-edge processing performance and ubiquitous mobile broadband capabilities. The first mobile devices based on this collaboration are expected to launch in mid-2010 and be compatible with the forthcoming Symbian Foundation platform."

Monday, February 16, 2009

Japanese Yen chart analysis


Let's take a look at the Japanese Yen ;
1) Uptrend is intact
2) Expect some heavy volatility, however most signals are STILL bullish
3) Pay attention to those warning signals on the chart ; if the Yen closes the month below that level, expect a sudden fall.
Gut feeling ? Uptrend is intact ; the Yen is a safe heaven right now

Financial statements look like real puzzles

Do you understand what most analyst try to tell us ?
All those statements often feel like a way to fool investors ...
In the end, if the price goes up, this puzzle will make sense.

Affraid of failure or affraid of criticism ?

It seems that today's leaders (and CEOs) prefer "not to act" or take risks since they are more affraid of criticism !

Retire on a Cruise Ship? New Concept Creates Boutique Housing Idea for Florida's Seniors

Retire on a Cruise Ship? New Concept Creates Boutique Housing Idea for Florida's Seniors: "Waterfront Lifestyles International, a boutique maritime lodging company, is currently taking reservations for retirement condos on a mid-size cruise ship that will make monthly cruises to the Bahamas.

For less money than many senior independent-living facilities charge, retirees may now live on a cruise ship. Prices for individual condo cabins on the 300-foot Alegria range from $159,000 for a single room to a larger suite for $399,000 plus a nominal 'Resident's Care' monthly fee which covers all the operating expenses of the ship including crew, staff, fuel, maintenance, insurance, three meals daily, port fees, the medical center, and housekeeping. A huge difference between a senior care facility and living on Alegria is that the residents actually own the ship.

With the depressed economy the company realizes some seniors may have to put off retiring for a few more years. The company has a program where purchasers may buy their unit right now and rent it until they retire, thus eliminating both the purchase payment and the monthly Resident's Care fee until they actually move aboard."

That's what I call a great business idea

Latin American Private Equity Remains Relatively Strong Despite Global Economic Crisis, Finds Annual KPMG Poll of PE Executives

Latin American Private Equity Remains Relatively Strong Despite Global Economic Crisis, Finds Annual KPMG Poll of PE Executives: "Private equity (PE) investors in Latin America don't expect the region's deal market to begin recovery until possibly 2010, but say it continues to offer greater investment opportunity than many other areas, according to the 2009 Annual Latin America Private Equity Survey of PE stakeholders by KPMG LLP, the audit, tax and advisory firm.

While all of the respondents to the KPMG poll said the global economic crisis had affected Latin America, 67 percent of them said it had only a moderate negative impact on the region. Further, the executives (45 percent) said Latin America had actually become more attractive to investors during the world economic crisis, and they expressed measured optimism on world investments in the region for 2010-2012.

'There are two current PE investment tales to tell in Latin America,' said Jean-Pierre Trouillot, a Miami-based partner in KPMG's Advisory practice. 'A great deal of confidence exists for long-term PE activity in Brazil, Mexico and Colombia, while countries such as Argentina continue to rank low as investment targets.'"

Gold bubble, will it crash ?

Is Gold in a bubble ?
My gut feelings say YES !
Why ?
Long term pattern gives me the following signals ;
1) Parabolic rise
2) Pattern looks like the chart of the Nasdaq prior to the 2000/2001 crash.
3) The media is "wild" about gold !
4) Gold ETFs have been getting "all the cash recently"

Fundamentals ;
1) Inflation keeps on going down
2) The Dollar is a real safe heaven now (against the Euro, the Rubble and many emerging market currencies)
3) Equities are much cheaper now !

Trading plan ;
See that red trend line ? If we close the month above 960, Gold will zoom up.
Important words here is "close the month"
If Gold reverses and closes the month below 900 ; see that "probable scenario" on the chart.

On my radar screen this morning

Euro Dollar ; weak again, probably going to test those lows seen several months ago at 1.2400.
Again, with the Euribor trending down every week, I do not see why the Euro should not trade at 1.2000 within the next 3 to 5 months ....

British Pound ; Lloyds bank shares slide further
More bad news from the banking sector in the UK ; maybe Mr Jim Rogers was right ?

$USD Dollar ? Well, the US Dollar index is about to face a break out on the upside ...

Japan's Economy Plunges at Fastest Pace Since '74
Ok, but Japan is really cheap right now ; so if time is on your side, start to add positions soon.

Stimulus bill restricts executive compensation
How stupid !!! that means that the best business leaders will go to Asia and be hired by companies willing to pay for the top leaders !!!!

Europe Slump Deeper Than Expected
We all know that here, we just wonder how long will it take for our leaders to tell us the truth.
Take Fortis for example, it shows you "how smart" our leaders are here ....

Microsoft Launches Retail Stores To Save Windows
Well, people, that is probably the biggest SELL signal !!!!! With all that cash they have, they are not able to give us an incredible product ????
Innovation ??? Do they know that word ? Its time for them to hang out with teenagers and find out what is the next tech consumer trend. They probably waste too much time in meetings with the same consultants.

Sunday, February 15, 2009

Groundbreaking Funding Model Puts Solar Energy Within Reach for Nonprofits

Groundbreaking Funding Model Puts Solar Energy Within Reach for Nonprofits: "Using a unique financing model, the National Development Council (NDC) is providing groundbreaking support for an innovative solar installation project at the Gasser Foundation's headquarters in Napa Valley, California. The development of the newest tax-credit structure is an initiative that NDC plans to expand to fund solar projects at nonprofit organizations across the country.

NDC unveiled the new financing model Friday at the Gasser Foundation's ribbon cutting ceremony, attended by Bay Area business leaders and policy makers, representatives of U.S. Rep. Mike Thompson and senior executives from Pacific Gas and Electric.

Green energy projects are normally difficult for non-profit organizations to develop because they are ineligible for federal tax incentives. However, NDC joined the Gasser Foundation to help secure alternative sources of funding for the project, which was designed to maximize the economic benefit to the community. Nationally recognized for its work in community housing and other community development projects, NDC devised a unique financing model to secure approximately $1.5 million for the project with the installers, Borrego Solar Systems, Inc., and US Bank."

Light crude oil bottom ?

Pay attention to that potential bottom seen in the chart of light crude oil ;
1) Just another channel ?
2) Bounce up due to oversold level ?
3) Focus on PowerShares DB Crude Oil Dble Long ETN (DXO)