The major stock market averages were down sharply last week, and Lind Plus Senior Market Strategist Phil Streible thinks the optimism seen earlier this month for a recovery may be premature. Problems are resurfacing, and he’s recommending buying puts on the Dow Jones Industrial Average, specifically the June 12400 puts. Get details on Phil’s view.
Lind Plus Senior Market Strategist Phil Streible has a strategy for you no matter whether you are bullish or bearish the U.S. dollar. He recommends options trades that offer favorable risk-reward ratios. If you are bullish, you may want to consider buying the at-the-money 74 Dollar Index call. Read more.
Commodity markets are in the news every day now, from record-high gasoline prices in the United States to
food riots around the world. If you want to understand how it all got started and where it all might end up, read “Hot Commodities: How Anyone Can Invest Profitably in the World’s Best Market,” by Jim Rogers.
Yes, that Jim Rogers. The one that rode a motorcyle around the world. The one that co-founded the Quantum Fund with George Soros. The one that was so bullish on commodities in 1998 (yes, 10 years ago, in the middle of the dot.com mania), that he developed his own commodities index fund.
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