Since March 26th 2011, our portfolio is up 38.89% in €, against +37.71% for the SP500 and +2.75% for the Eurostoxx50.
Dear Subscriber, JNJ closed today at $85.12, and I decided to remove it from our Long Term Value Portfolio. At the current exchange rate of 1.3032, that means we will free up (89 shares x 85.12$ / 1.3032=) 5,813.14€. We invested 4,019.41€ in JNJ on June 4th 2011 (click HERE for the analysis), meaning we [...]
SocGen strategist Albert Edwards remains an ultra-bear, and predicts everything will go to hell. In his new note he writes: We still forecast 450 S&P, sub-1% US 10y yields, and gold above $10,000 My working experience of the last 30 years has convinced me that policymakers’ efforts to manage the economic cycle have actually made [...]
This is an update of an article which I wrote on May 16th 2013, titled Short-, Medium- and Long Term Technicals For Gold & Silver…
Dear Readers, Everything was going well with Palladium prices, as price made higher highs and higher lows. However, more recently, Pd prices have set a higher high in price and a lower high in MACD and RSI resulting in Negative Divergence. With the markets near all-time highs and the need of financing for PAL, I [...]