Posts Tagged ‘
Dan Amoss ’
Nov 12th, 2008 |
By Dan Amoss |
Category: Politics & Economics
The biggest challenge for President elect Barack Obama is to stop Congress turning this recession into a depression, says Adam Lass. Reckless government spending and “crony capitalism” got us into this mess. And throwing endless credit at non-productive industries will only end up creating inflation and destroying the dollar.
Tags: 401k reform, Barack Obama, bear market, big government, credit crisis, Dan Amoss, Paul Volcker, President Obama, US Banking, Us Congress, US depression, US elections, US recession
Posted in Politics & Economics |
1 Comment »
Oct 20th, 2008 |
By Dan Amoss |
Category: Stock Market Investing
Last week, market volatility reached record levels. Dan Amoss says the wild gyrations in stocks are the result of hedge funds liquidating assets to cover their highly-leveraged positions. This means some good firms — especially those providing vital functions in the food and energy markets — are now massively undervalued.
Tags: bear market, Dan Amoss, gold resources, hedge funds, Lehman Brothers, mutual funds, US stocks
Posted in Stock Market Investing |
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Oct 13th, 2008 |
By Contrarian Profits |
Category: Gold Market
“In my view, the oceans of new fiat money will chase scarce assets: energy and resources,” says Dan Amoss in The 5 Min. Forcast. “It will stave off the deflationary depression scenario, but not re-inflate the credit/housing bubble. This means the biggest reversal in resource stocks in history is likely soon.
Tags: Commodities ETF, Dan Amoss, Resource Stocks
Posted in Gold Market |
1 Comment »
Oct 13th, 2008 |
By Dan Amoss |
Category: Featured, Financial News
It remains to be seen whether fear takes control of the markets again today. So far, global equities have seen a reprieve from the brutal pounding they suffered last week.
The crash in stock prices has most investors spooked. But it’s worth keeping you head while others lose theirs, says Strategic Investment editor Dan Amoss.
Right now, there are some very healthy resource stocks are shockingly cheap. What Dan calls “screaming bargains.”
Tags: Dan Amoss, Downturn Strategy, Investing In Oil, LEH, mining stocks, Oil Stocks, resuorce stocks, Wall Street crisis
Posted in Featured, Financial News |
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Sep 22nd, 2008 |
By Dan Amoss |
Category: Stock Market Investing
Let’s observe a moment of silence to mourn the slow demise of capitalism in the US, says Dan Amoss. “Our government is now overtly manipulating the stock market. We have crossed the Rubicon. We can no longer pretend to be a free market capitalist country while also maintaining confidence in the US dollar as reserve currency.” The SEC’s temporary ban on short selling is a case in point.
Tags: Dan Amoss, US stocks, Wall Street crisis
Posted in Stock Market Investing |
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Sep 12th, 2008 |
By Dan Amoss |
Category: Featured, Financial News
Crude oil prices are nudging $100 a barrel today. That’s a long way down from oil’s summer high of $147 a barrel.
“It has been a brutal couple of months for commodities investors,” says Dan Amoss in Rude Awakening.
But it’s the type of wild swing that opens up a great profit play for contrarian investors. Whereas prices this summer overshot fundamentals, prices now look like they may overshoot to the downside.
But commodities will take off, says Dan, when the feds cut rates again…
Tags: Commodities ETF, Dan Amoss, investing in agriculture, investing in gold, Investing In Oil, investing in silver
Posted in Featured, Financial News |
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Aug 29th, 2008 |
By Contrarian Profits |
Category: Featured, Financial News
“U.S. stocks strike solid gains on second-quarter GDP,” ran a gleeful headline yesterday on MarketWatch.
“Investors, showing no sign of concern about the outlook, took the GDP report at face value and pushed stocks up sharply on the news,” ran another breathless piece of editorial, following data that showed U.S. GDP up 3.3% in the second quarter.
But as Addison Wiggan and Ian Mathias pointed out yesterday in Agora Financial’s 5. Min Forecast, the government’s stimulus check program and a weaker dollar were partly responsible…
Tags: Addison Wiggan, Bill Gross, Dan Amoss, federal budget deficit, Ian Mathias, US stocks
Posted in Featured, Financial News |
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Aug 29th, 2008 |
By Dan Amoss |
Category: Featured, Financial News
The government’s bailouts of failed banks and its economic stimulus splurge widened the federal budget deficit to $102.8 billion in July.
Bond king Bill Gross would like to see the budget deficit reach $1 trillion.
Last month, he wrote an open letter to Barack Obama asking him, if he is elected, to save the US economy by upping federal spending by a further $500 billion.
According to Dan Amoss, Gross’s prescription for the economy would do more harm than good. For a start it would cause the price of oil imports to spike…
Tags: Bill Gross, Dan Amoss, federal budget deficit
Posted in Featured, Financial News |
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Aug 28th, 2008 |
By Dan Amoss |
Category: Stock Market Investing
Dan Amoss at The Rude Awakening says financial stocks have not yet reached the bottom. We are still at the early stages of the credit loss cycle, and the Fed’s bailout strategy will eventually dilute shareholdings of financial institutions. Meanwhile, supply constraints will support commodity prices in the long run, and U.S. is rapidly losing its status as a safe haven for capital. For these reasons, Dan says there are still plenty of attractive short-selling opportunities in financials…
Tags: credit crisis, Dan Amoss, Federal Reserve, US banking crisis, US recession, US stocks
Posted in Stock Market Investing |
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Aug 20th, 2008 |
By Dan Amoss |
Category: Featured, Financial News, Stock Market Investing
Whiskey and Gunpowder editor Dan Amoss says the recent rally in financial stocks has more to do with short covering than regular buying.
Weak institutions were shorted so much that a bounce was inevitable.
Despite an SEC clampdown on shorting, Dan says legitimate shorting is vital for the stock market and is not to blame for the stategic mistakes of U.S. banks.
For those still looking for new short ideas in the sector, Dan says Allied Capital (NYSE:ALD) is a good place to start…
Tags: ALD, BAC, Bear Stearns, credit crisis, Dan Amoss, DSL, HBAN, IDMC, US banking crisis, WM
Posted in Featured, Financial News, Stock Market Investing |
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