Results for William Patalon III
How the Looming “Debt Bomb” Will Crush the Dollar
The U.S. dollar has staged a short term rally against other currencies. But the U.S. is already gripped by hidden inflation and must refinance a mountain of short-term debt in just months.
Here's how to protect - and grow - your money, even as the debt bomb explodes...
The U.S. dollar has staged a short term rally against other currencies. But the U.S. is already gripped by hidden inflation and must refinance a mountain of short-term debt in just months.
Here’s how to protect – and grow – your money, even as the debt bomb explodes…
How to Profit as Wall Street Insiders Push Oil Prices Skyward
Most forecasts are calling for oil to edge up slowly over the next year. Or, that’s what Wall Street wants you to believe anyway.The big Wall Street firms control millions of barrels of oil and can direct their clients’ money into oil. Which way do you think they want oil to go? Find out how Wall Street can manipulate oil prices… and the one move to make now to profit right alongside the “big boys.”
Hot Stocks: With its Timely Switch at CEO, Novartis Seems to be Making All the Right Moves
The list of former CEOs is a long one, and has grown substantially as a result of the global financial crisis. Investors find it easy to remember such names as John Thain, G. Kennedy Thompson, Charles O. “Chuck” Prince III, James E. “Jimmy” Cayne and E. Stanley “Stan” O’Neal.
Needless to say, the memories aren’t always pleasant.
During the past several years, the departure of a company’s chief executive was almost always a sign of a company in the midst of a shakeup – and an admission that there was a long list of deeply ingrained problems to solve.
Few of the departures were truly voluntary, and the financial-crisis-induced ousters usually stoked the turmoil: They almost always came at a surprising time, and there was almost never a successor in place who could step in and quell the uncertainty by immediately taking over.
Seven Ways to Profit From the Obama Administration’s New “Clean Energy Economy” Push
After Wednesday night’s State of the Union address, the Obama administration has added a new mantra to its lexicon.
Welcome to the "Clean Energy Economy."
In a speech in which embattled U.S. President Barack Obama badly needed to reinvent himself, the nation’s chief executive focused on initiatives designed to add value to the U.S. economy and create jobs. Clean energy technology was front-and-center as one of those initiatives.
Last Week’s Sell-Off Leaves U.S. Investors in Unfamiliar Territory
Friday’s sharp sell-off in U.S. stocks capped a week of heavy losses that has the market in the red for 2010. And that has investors wondering where U.S. stock prices are headed next.
On Friday, accelerating concerns about U.S. corporate earnings combined with newly emergent worries about China’s health hit stock prices hard. A 6% drop in the shares of Aloca Inc. (NYSE: AA) helped send the Dow Jones Industrial Average into a 216.90-point nosedive, a 2.1% decline that had it end the week at 10,172.98. The blue-chip average fell 4.1% for the week, its worst weekly performance since February of 2009.
The Standard & Poor’s 500 Index lost 24.72 points, or 2.2%, on Friday. It closed at 1,091.76 after losing 3.9% for the week. A slew of analyst downgrades on technology stocks on Friday sent the Nasdaq Composite Index down 60.41 points, or 2.7%, on Friday. It closed at 2,205.29, after losing 3.6% for the week.
This Investment Portfolio is on Fire …
Dear Money Morning reader:
We get asked a lot about the track record of The Money Map Report, our monthly advisory service in which Keith Fitz-Gerald, Martin Hutchinson and the rest of the Money Morning team ferrets out investment opportunities based on some of the most powerful global trends at work today.
Let me just say this: This portfolio is on fire.
Of the 24 stocks and exchange-traded funds (ETFs) in the portfolio, 21 are winners. Indeed, only three of the holdings are under water – two of them by such nominal amounts as 1.77% and 1.24%.
But the gains are eye-popping.
I obviously can’t name the stocks or ETFs in the Money Map portfolio, but the current list of winners includes gains of 122.2%, 91.5%, 61.9%, 53.1%, 46.2%, 37.6%, 35.1%, 32.1%, 31.6%, 28.8% and 28.6%.
The Money Map Report is able to notch such gains because team members identify the most-powerful and profitable trends long before Wall Street even understands what’s happening.
In fact, here’s an example from yesterday (Monday).
Have you been reading about steel prices? The steel market was hit hard by downturns in the auto and construction markets. But prices have been on a tear. Scrap steel has zoomed 25% since November. Just yesterday, The Wall Street Journal reported that China’s growing appetite for steel alone should be enough to cause steel prices to soar.
Now Wall Street is calling for steel prices of all types to continue their advance well into the spring. In fact, ABCNews.com yesterday reported that Wall Street equity strategists are now telling investors to buy the leading global steel stocks.
That’s a nice call. But it’s a little late.
Back in April – that’s nine months ago – Money Map’s Hutchinson told subscribers to buy shares of Korean steel giant Posco Inc. (NYSE ADR: PKX). At the time, Hutchinson said three catalysts would send the shares higher:
- A turnaround in Korea.
- Rising steel demand from China.
- And an overall increase in global steel prices.
Hutchinson was three for three. Since he made that call, shares of the world’s No. 4 steelmaker have soared more than 91% – with Wall Street now telling readers to get into the game.
In other words, while Wall Street was waiting for a clear signal as to which way steel prices (and steel stocks) were heading, Money Map Report readers were almost doubling their money on Posco.
And that’s just one example.
In the newest issue, for instance, The Money Map Report will look at such opportunities as:
- A cash-rich company that’s in a great position to buy back shares – and that may become a takeover target.
- A firm that’s perfectly positioned to capitalize on the uptick in natural-gas prices, and that may be snapped up as part of the anticipated consolidation in the energy sector.
- And a firm that’s poised to benefit from a rising tide of IT investments.
The Money Map team scours the globe in search of the best investment opportunities. The fact that it usually does so well ahead of Wall Street is the main reason for the returns we listed above.
In the aftermath of the worst financial crisis of our lifetime, it’s understandable that most investors want to avoid Wall Street and paddle their own canoe.
That task becomes a lot easier, though, when you have the right kind of map to guide you.
That’s what we work to provide.
Good investing …
William Patalon III
Executive Editor
Money Morning/The Money Map Report
[Editor's Note: For more insight on global-investing profits, hot portfolios, and the best investment opportunities around the world, check out The Money Map Report.]
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By Collecting $533 Million in Fees, Lawyers Become Big Winners in Lehman Bros. Bankruptcy Case
Shareholders were the big losers when investment-banking giant Lehman Brothers Holdings Inc. (OTC: LEHMQ) collapsed in 2008.
Now, the bankruptcy lawyers are positioned to be the big winners. Lehman has already paid its bankruptcy advisers $533.5 million since September 2008, topping the half-a-billion-dollar mark in just 14 months, the investment-banking firm has revealed to the U.S. Bankruptcy Court in New York.
In mid-September 2008 – in one of its wildest and weirdest stretches ever – Wall Street entered a weekend awaiting a government bailout of Lehman Brothers and exited with Merrill Lynch & Co. Inc. agreeing to sell itself to Bank of America Corp. (NYSE: BAC) for nearly $50 billion, Money Morning reported. Lehman stunned investors by announcing it would seek bankruptcy in a bid to avoid a total liquidation after it was unable to find a buyer.
The Three Factors Choking the U.S. Recovery
The stock market may have rallied, but the economy is threatening to erase those gains. This report shows you the three factors choking the recovery – and gives you 3 ways to protect your money until the real recovery sets in.
Key Indicators Point to a Rough September for U.S. Stocks
When the “Great Crash” came in 1929, it came in October. So, too, did the infamous “Crash of ‘87.” And last year, during a tortuous October that led to even lower lows in the months to come, the Standard &…
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