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Keith Fitz-Gerald has been the Chief Investment Strategist for the Money Morning team since 2007. He's a seasoned market analyst with decades of experience, and a highly accurate track record. Keith regularly travels the world in search of investment opportunities others don't yet see or understand. In addition to heading The Money Map Report, Keith runs High Velocity Profits, which aims to get in, target gains, and get out clean. In his weekly Total Wealth, Keith has broken down his 30-plus years of success into three parts: Trends, Risk Assessment, and Tactics – meaning the exact techniques for making money. Sign up is free at totalwealthresearch.com.
Thanks for the info…sounds like an interesting ride. Another question…why are so many refineries closing on the east coast, is it just Brent or something else?
Hmm, I like taking risks so I think i'll throw a few bucks in with Delta just to see what happens. But like I said, just a few bucks, no more than I'd care to part with.
Some year back I had prefered stock with Delta and lost 11,000.00 dollars. I was told by a stock broker how good this was and how safe it was. A year or so later they went belly up and that cost me 11,000. Never again.
Other major carriers are on to their scam …as this savy CEO airline indicated
“You think you’re going to win, but in the long term you always lose,” Clark said yesterday at the Gulf carrier’s head office near Dubai International Airport. “When we enter into derivatives, betting whatever it may be with counterparties who actually control the price of fuel in the first place, you have to ask yourself, ‘Is that smart?’”
http://www.bloomberg.com/news/2012-03-21/emirates-says-whole-load-of-airlines-will-fail-in-fuel-squeeze.html
For an "Investment Strategist" there are a lot of questions and "sneaking suspciions" in this story rather than facts or real information. Seems this guy has an agenda.
Hedging can smooth out short-term ups and downs in prices but cannot protect against long-term, persistently increasing prices.
I strongly suspect that the so called publishing experts are attempting to drive DAL stock down as low as they can; it’s a No Brainer folks, go figure.
When DAL is as low as they think it will go, they will be the first to buy as much as they can afford.
There is nothing more important to your success in life and business than associating and doing business with people of integrity.
When you say JPMorgan, does the word integrity come to mind? Hardly. But sleazy does. Loathsome does.
These people are white collar con men and swindlers, criminal sociopaths who have complete immunity from any substantive prosecution , because they are agents of the Fed. They ARE the Fed, for most intents and purposes.
Delta would be crazy to have anything to do with them. Just ask Jefferson County Alabama.
Humm, from what I have read, about derivatives and JPM, and Airlines in general of late, one would have to consider: Can they win the business race each using one crutch & joined at the elbow in the middle?Looks like its' time to leave the party to me, for either way, if they "win"(survive these times)it is gonna be an ugly win, and if they "loose" all the stockholders will be left wondering "what WERE we thinking????"
Rule #1 Never invest in airlines
Gotto respect warren buffet..the best investor on earth
I have followed Fitzgerald for some time now, he is right a lot more often than most, I would say his `agenda` is experience, what is your agenda Bigoak ?, easy to cast aspersions.
I will like to the $5 a month to try for 3 months if I like it I will continue with it
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