Oil and other commodities are upticking hard here, while Treasuries are tasting hot metal. Without a doubt, investors are starting off the month of May, leaning heavily in the “welcome to the new Weimar republic” camp.
With this in mind, I find little motivation to sell out of my burgeoning PCX position, which is bursting at the seems. In addition, I will not sell out of WRES or ERX either. As a matter of fact, I will take some of my reserves, in order to add to depressed commodity related names.
As for my other holdings: for now, I will leave them intact, while I search out new commodity related investments.
NOTE: TBT is looking might fine now, if I might say so myself.
UPDATE: I sold 20% of my CDNS position and all of my CECO.
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You laughed at me when I was suggesting that last month, Fly.
How about a heart felt apology?
I’m actually not sure if you even buy commods with that as I think the big players- BHP and Rio for instance have been more or less discounting that in the price.
I think you actually can safely buy the banks after we see what’s going on with the stress test as leverage at the beginning of an inflation is where you make money.
Agricultural stocks could be another way to play this. Which are the big agric players.
Oil and other commodities are upticking hard here…
I hope you’re right about oil.
Oil and other commodities are upticking hard here…
I hope youse iz right about oil.
is there an ag ETF?
AA also looks like a beaten up piece of shit, however a dude in the know thinks their management is absolutely useless.
Fly welcome aboard the commodity boat! By the way can I have an amen on the fucking shippers. Holly fuck these bitches are on fire now. I am up 65% on my DRYS position. Fly do you still own your ships?
Isn’t MOO (seriously) the ag. etf?
Not sure.
MOO, COW, DBA, PAGG
Sold rest of CSCO calls for .44 gain on .12 basis…back to cash.
NEM is a POS.
I believe it has been down about 600 days in a row now.
if u like TBT..–> TMV is the shit.
Long TYP and short some TNA with alittle FAZ for aggravation…its 5 O’ Clock here….! yippeeee
J: DBA
The Hang Seng would fly (no not him) in an inflationary environment. the HK economy is really showing signs of health with the real estate market going up recently. Get a whiff of inflation in the US with the US economy ticking up and that stock market will go up at the speed of light.
Their currency is pegged to the US Dollar so their rates are basically US rates. If the Fed brews inflation their off into the stratosphere.
I might squirm around for a hang seng ETF. Anyone know of one.
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TC:
Ag comods are cheap compared to materials. If there’s inflation AG is where the action will be me thinks. You can always dig another hole in the ground:
http://www.theaustralian.news.com.au/business/story/0,,25416662-643,00.html
80 million people a year being added to the earth’s rent roll and you can’t really clear much more land these days for farming as the green nazis fuck you over.
If you want to play agriculture, MOS and MON and POT are the ones. piss on an ETF. Just buy the fucking companies.
EDC is up over $2 today.
Crazy.
Who is the best out of the three Artist.
how is MTW up 13% on all shit news?????
FCX. Giddy-up!
The dollar is about to break down through a 8-month trend/support line. Commodities should lift.
http://www.finviz.com/publish/050109/UUP1dl1211.png
Since I know how much Fly enjoys and relies upon the musings of Doug Kass:
http://www.thestreet.com/story/10495027/1/kass-a-rare-long-term-outlook.html
Any thoughts about his long term thesis, beyond the fact that you don’t like his cashmere sweater?
Hong Kong etf is EWH I believe.
Also it seems BX strength is tied direclty to China’s up and downs.
Gold is waking up and NEM is the only gold stock I see that is down.
Crap.
DRYS is going to 9.
how the fuck do you guys italicize your fonts?
At the track for Oaks. Glad I am watching the ponies and not the market.
Derby post almost complete- tried to get it finished this morning, but the wife held sway on catching the first race. At least I had the exacta.
Jacksonian Method looking good here. Attend to RGLD… FTW.
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Yea TC, found it thanks… Just bought it at $11.91.
Might buy some Monsanto, but it’s a long fucking way from zero.
Artist
stick “i” in between signs (greater then and less than) with no spacing, say what you want to say then stick the /i in between the same signs
And it’s taking TBSI and OSG with it.
I be adding some faz before the close and “stress” test results.
MON is the only stock, aside from maybe TBT, I’d hold here for the grandkids.
Was going to anoint it a JCH with a pullback, but it really has not. Know this- its my second largest position.
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J Says:
Who is the best out of the three Artist.
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I own MOS because they manufacture Sulfuric acid and it is a critical ingredient. Not very many companies make the stuff world wide.
but MON and POT I would own also, but I picked MOS, but I would buy and own for a long play (which my buy is for) any of the three….they all move relative to each other for the most part. AGU is also a good ag play.
I’m leaning toward buying a few more either at close today or next week and will include CAT, I just sold my AA earlier today and will buy it back on a dip.
test
testing testing testing testing
malaka
in my opinion the delay in the announcement shows the banks may be making a good case to the government and may turn out better than expected. If Timmy was sure he’d wouldn’t have delayed.