Indications are that post-Brexit-vote bottom in the stock market is not yet in, but plenty of attractive opportunities are developing that may turn out to be a bonanza for astute long-term investors willing to patiently scale into them. Let’s start with two charts. The first chart is a tick chart
I have a bad habit of regularly studying a wide variety of boring documents ranging from central bank reports to obscure economic indicators. Lately, it has been difficult to find anything positive about Europe. Since media is full of negative information about Europe, there is no point in regurgitating the
We have been short banks. UK government is investing $10B in RBS and $3B in BCS. We do not know how the stock prices will react. Should the prices begin to rally, we recommend covering in London. If the prices fall precipitously, again the right action will be buy to
We hit bulls eye by informing you before it was generally known that the bailouut will not cover non US institutions and providing you with the oppotunity to exit BCS position with over 30% profit in three days. Following is the text of the Treasury plan: September 20, 2008, 1:05