by Travis Johnson, Stock Gumshoe | December 11, 2015 4:15 pm
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A bit off topic: Travis, have you considered compiling an annual or maybe quarterly report that summarizes which publication/author promoted which stock and the current result of the play. I know this would take some work on your part but, I would be willing to pay for your report and suspect most other gummies would as well.
Cheers
Maybe a gumshoe current rating could be applied to the newsletter/author….this rating could then be attached to any new teaser from the author there bye giving following gummies insight as to the current performance of each authors recommendations. ie. Dr Kent Moors with a gumshoe rating of 8 out of 10 and his magical elements.
I’m new here and not sure if visitors are allowed to enter a new post or how to do it…maybe because I’m always on a mobile phone and not viewing from a desktop.
Has anyone purchased Jim Rickards “Impact System”?
I have some experience with Forex trading and have experienced some unbelievable happenings while trading currencies…and I have been considering devoting some time and energy back to Forex given the increasing strength of the USD and the recent addition of the Chinese Yuan to the currency basket as it seeks to become the reserve currency of the world. Nevertheless, the Impact System intrigues me as it is marketed to trade on currencies without trading the actual currency pairs. Any input would be appreciated. Thanks
Travis:
I am not aware that AFSI – Amtrust Financial is part of any recent teaser emails, but I consider you one of the most knowledgeable people I have ever read on the insurance industry so I am hoping you can update your opinion of the company? With your cautions in mind (from late 2014), I bought a smaller stake late last year and it was called away earlier this year and not replaced.
AFSI is now back down to a more reasonable level (vs. the 52 week high, not based on any fundamentals I can analyze), the short interest has dried up significantly, and some respected analysts love it. I anticipate the market will be very volatile this week and I am thinking of snapping up AFSI (or selling a put) if its falls much farther from Friday’s close. Thanks in advance.
Hi butitom, I haven’t looked at that one at all since it was teased by Martin Weiss’ group well over a year ago — struck me as relatively risky at the time, but the stock is up 50% since then. I think they do extended warranties and worker’s comp, so they’re not valued the same as other P&C insurers (they trade at a huge premium to book value) and they are subject to different regulatory risks. If I examine them in any more detail I’ll let you know, but my quick glance didn’t get me excited.
I only dipped my toe into Altius, but feeling the pain with Vale. Hard to add even if bottoming. May be bottoming for quite a while. The etf’s and indexes for the global, Asian, and ect.,
Will be buying China and strengthen the yuan as it is being added into the reserve basket of currencies. China itself short term??
My opinion is that the reserve currency stuff with China shouldn’t make much of a difference to any company or economy, or even to the currencies themselves over the next few years — I think that’s being very heavily overhyped by the newsletters and, to some extent, by the media. The yuan’s rise in prominence is a reflection of China’s growth and influence, not a determinant of it, and future integration of the Yuan depends on Chinese leaders doing a lot of stuff to open their economy and their currency trading which probably feels terrifying for them as it will lead to a loss of control.
If China restarts aggressive growth somehow, that would be the match that lights a fire under the industrial commodities again… but no one’s really predicting that at the moment, we’re in an awfully depressed point in the commodities cycle, but that doesn’t mean it’s going to turn the other direction imminently, commodities in general went through 100+ years of very slow growth before the China infrastructure boom sent them all into these wild cycles just a little over a decade ago, I think we’re all kind of waiting to see if these huge, recent cycles will really repeat.
Is Fosun still considered to buy (I have not done it) or not ?
Thanks