Archive for May, 2008

VIDEO - May Archives

May was a good month. In this week’s video, I do a summary of many of our stock and option set ups…

VIDEO - May Archives

Leavitt Brothers’ Chart Pattern tutorials…

VIDEO - Symmetrical Triangles (bullish)

VIDEO - Ascending Triangles

VIDEO - Flags (bullish)

Here’s a…

31May2008 | Jason Leavitt | 0 comments | Continued

Dallas Fed President Lends Credibility to Money Morning’s Prediction That the Federal Reserve Will Soon be Boosting Interest Rates

Just one day after Money Morning predicted that the U.S. Federal Reserve would soon be forced to increase interest rates, Dallas Fed President Richard W. Fisher said he expected the central bank would raise interest rates should inflationary pressures start causing…

31May2008 | Money Morning | 0 comments | Continued

Cashing in on Commodities: Two Ways to Profit From the World’s Newest Markets

Many people are in sticker shock thanks to high gas prices and oil that punched through the $135-a-barrel level recently, before sliding back.

And many investors are feeling left out because they haven’t been part of the incredible bull run energy…

30May2008 | Money Morning | 0 comments | Continued

National Gas Prices

By Martin Denholm
Smart Profits Report

I hope you enjoyed the Memorial Day weekend - and that your wallet still has a pulse if you did any traveling.

I managed to pack in four barbecues (or “cookouts” to put it in American lingo)…

30May2008 | Smart Profits Report | 0 comments | Continued

Even Groucho Marx Would be Happy With Indonesia’s Profit Opportunities

At times, you can tell a country by the company it keeps.

Indonesia just announced it plans to leave the Organization of the Petroleum Exporting Countries (OPEC), the infamous cartel that tries to push our oil prices through the roof.…

30May2008 | Money Morning | 0 comments | Continued

Global Investing Roundups

Bear Stearns Shareholders Approve JPMorgan Sale; Sears Expects More Pain After Loss; Weak Economy Emboldening Costco; Pacific Rim GDP Growth; Staff Reduction at GM;

–Shareholders of The Bear Stearns Cos. Inc. (BSC) approved the government-assistant $2.3 billion acquisition by JPMorgan Chase…

30May2008 | Money Morning | 0 comments | Continued

U.S. Economy Expanded Faster than Reported, With First Quarter GDP Revised Upward to 0.9%

Real gross domestic product (GDP) increased at an annual rate of 0.9% in the first quarter, the Bureau of Economic Analysis (BEA) announced yesterday (Wednesday).

“We are somewhere in the twilight zone between an expansion and a recession,” Michael Feroli, an…

30May2008 | Money Morning | 1 comment | Continued

The Latest Banking-Sector Credit Crisis Will Lead to That Sector’s Next Group of Profit Plays

Three major U.S. banks - including Fifth Third Bancorp. (FITB) and Wachovia Corp. (WB) - got clobbered in recent days on the news that they’ve lost another $1.6 billion by making investments in the Citigroup Inc. (C) Falcon hedge fund…

29May2008 | Money Morning | 0 comments | Continued

That Pain You Feel at the Pump is From a Dollar Crisis, Not an Oil Crisis

It’s unfortunate that the U.S. Supreme Court, in its ruling last week that U.S. currency is unfair to the blind, did not make the next logical step and declare it unfair to everyone who buys gasoline.

In their search for…

29May2008 | Money Morning | 0 comments | Continued

April Durable Goods Unexpectedly Improve, Shining Soft Light on U.S. Economy

Orders for durable goods, excluding transportation, rose 2.5% in April, an unexpected gain that underscores that a weak greenback and strong overseas demand for American-made goods are helping recharge the downtrodden U.S. economy.

Total orders last month shrunk by 0.5%…

29May2008 | Money Morning | 0 comments | Continued

Indonesia to Withdraw from OPEC Due to High Oil Prices

Indonesia, the sole Asian member of the Organization of the Petroleum Exporting Countries (OPEC), will withdraw from the oil cartel at the end of this year.

Energy Minister Purnomo Yusgiantoro announced today (Wednesday) that he would sign a decree officially withdrawing…

29May2008 | Money Morning | 0 comments | Continued

Global Investing Roundups

Bank of America Boosts China Bank Stake; Home Prices Continue to Fall; Record Profit and Resignation for Vodafone; Standard Pacific Stock Shoots Up; Landis&Gyr Lands 7 Million “Smart Meter” Contract; S. Africa Grows a Slow 2.1% in 1Q; Gold Futures…

28May2008 | Money Morning | 0 comments | Continued

In Major Shakeup, China’s Govt. Melds Six Largest Telecoms into Three

There are three new kings in China’s $100 billion-plus telecom kingdom: China Telecom Corp. Ltd. (ADR: CHA), China Network Communications Group Corp. Ltd. (ADR: CN) and China Mobile Ltd. (ADR: CHL).

Not surprisingly, all are state controlled.

But now that the first…

28May2008 | Money Morning | 0 comments | Continued

The High-Tech View: New Ventures Have Sanyo Looking Sharp

Japan’s Sanyo Electric Co. Ltd. (OTC ADR: SANYY) has become the latest company to become part of the industry cadre that’s buying liquid-crystal display (LCD) panels from Sharp Corp. (OTC ADR: SHCAY) for use in flat-panel televisions.

Sanyo said it started procuring…

28May2008 | Money Morning | 0 comments | Continued

With Oil Speculators Blitzing, the Fed Needs to Call an Interest-Rate Reverse Play

The inflationary reality that we as consumers have been living for months may finally be starting to dawn on the U.S. Federal Reserve.

The minutes of the last policymaking Federal Open Market Committee (FOMC) meeting, released on Wednesday, showed that the Fed’s inflation…

28May2008 | Money Morning | 0 comments | Continued

Lost In Translation: The Subtle Dealings Between China and Japan Can Lead to Powerful Profits

There’s an incredible story taking place in Asia.

Based on my 20 years of experience in the region and formal academic study, you can believe me when I say that this may well be the most pivotal event in 20 centuries…

27May2008 | Money Morning | 0 comments | Continued

HSBC Chief Calls for Tougher Inflation Fight, Industry Changes

The chief executive officer of HSBC Holdings PLC (ADR: HBC), Europe’s biggest lender, today (Tuesday) called on the U.S. Federal Reserve and other central banks to make fighting inflation a priority.