All entries by Louis Basenese
2 Small Caps (GXDX, APEI) For 50% Gains In One Year
Nov 21st, 2008 | By Louis Basenese | Category: FeaturedIn the year following six major bear markets of the last century, small cap stocks soared an average 82%. But Louis Basenese says only the most compelling and innovative small caps will make these mouthwatering gains. He says Genoptix, Inc. (Nasdaq:GXDX) and American Public Education, Inc. (Nasdaq:APEI) are two small caps that should be up 50% by this time next year.
The Baltic Dry Index: The Only Economic Indicator Worth Tracking Right Now
Nov 14th, 2008 | By Louis Basenese | Category: Financial NewsForget unemployment. Inflation. Consumer confidence. Personal Incomes…
You can even ignore the ever-popular gross domestic product (GDP).
Most of the indicators that the market relies on to forecast the future are worthless in this type of environment. The truth is the data coming out of the traditional economic indicators isn’t current. By the time it’s being reported, the information is already weeks or even months old.
If you want to know when the global slowdown that’s erased $28 trillion in wealth (so far) will finally reverse course, pay attention to the obscure Baltic Dry Index. And nothing else. Here’s why…
What Is The Baltic Dry Index?
Despite the name, the Baltic Dry Index has nothing to do with markets in Lithuania, Latvia or Estonia. Instead,…
Stock Market Predictions: Crazy About the Dollar
Aug 15th, 2008 | By Louis Basenese | Category: Featured, Financial News, US Dollar & Forex TradingI’m no stranger to controversial stock market predictions. In fact, a few weeks ago I angered an entire room of investors at the Agora Financial Symposium with my latest trio of “crazy” recommendations…
- “Take profits on your gold, while the getting’s good.”
Since uttering those words, the yellow metal’s dropped $108, or roughly 12%. - “Get short oil. It’s going to $100 before it touches $150.”
And oil obliged by dropping to $113, a move that silenced everyone who was calling for $200 oil just weeks ago.
Louis Basenese Says Buy EMC Corporation (EMC) Now
Aug 4th, 2008 | By Louis Basenese | Category: Featured, Financial NewsTakeover Trader editor Louis Basenese has found a stock market indicator that he says is as close to a sure thing as you can get.
Heavy volumes of options trading - particularly when biased to one side - gives a clear signal that a stock is about to make a big movement.
And Louis says Friday’s huge trade in short-term call options for EMC Corporation (NYSE: EMC) suggests its share price is about to rally big time. Louis says it’s time to long on this stock now…
Time to Buy Into Out-of-Favour Real Estate Sector?
Jul 25th, 2008 | By Louis Basenese | Category: Featured, Financial NewsUS foreclosure filings have more than doubled in 2Q from a year ago, reports Bloomberg.
According to RealtyTrac, 1 in every 171 households was foreclosed on, received a default notice or was warned of a pending auction in the quarter. That’s up a massive 121 percent from a year earlier - and 14 percent just from 1Q.
The housing housing market has yet to bottomed out, says Louis Basenese. But this doesn’t mean you shouldn’t consider a play in real estate.
Why You Should Hold Part of Your Portfolio in Real Estate
Jul 18th, 2008 | By Louis Basenese | Category: Real Estate InvestmentsReal estate is in a black hole, says Louis Basenese. The five largest U.S homebuilders lost $3.4 billion in the latest quarter. Home-builder sentiment is at a 22-year low. Investors are salivating over the prospect of a bottom in the real estate market. But Loius says it’s best to wait. A clear-cut signal that the housing market has bottomed isn’t coming…