The U.S. Dollar is without a doubt the most hated currency on the planet. The problem is, everyone knows it. Investor sentiment is at an all time low and open interest for the dollar (symbol: UUP, US Dollar ETF) stands at an incredible 97% on the short side. The Obama Administration doesn’t even have a dollar policy in place while the Federal Reserve’s printing presses are set on overdrive. Their latest initiative, to purchase worthless mortgage backed securities off the banks balance sheets in an effort to keep a lid on mortgage interest rates is as deluded as their other failed attempts to re-inflate the economy.
Contrarian Investing – Profiting from Crisis
It may seem to some that taking advantage of a crisis and profiting from it would be underhanded or lacking moral integrity, but from a trader's point of view, nothing could be farther from the truth. The desire to make ...The Worlds Most Hated Currency
The U.S. Dollar is without a doubt the most hated currency on the planet. The problem is, everyone knows it. Investor sentiment is at an all time low and open interest for the dollar (symbol: UUP, US Dollar ETF) stands ...“Stated Income” Commercial Loans
It's important to spend a few minutes to talk about the use of "Stated Income" Commercial Loans. There is so much misinformation regarding this type of mortgage program that it just needs to be cleared up once and for all.
First, ...A Sad State of Affairs
The "National Association of Realtors" recently released September's numbers. Existing home sales have fallen to their worst levels in 16 years and are seeing the largest decline in property values since 1999. This strikes me as odd. They didn't start ...Options Investing
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The Worlds Most Hated Currency
On October - 26 - 2009 ADD COMMENTS
Quantitative Easing… In Plain English
On October - 13 - 2009 ADD COMMENTS
Back in the dark days of 2008 the Federal Reserve lowered it’s Discount Rate” (the short term rate at which it lends to financial institutions) down to .25%. In effect, it had reduced the return on government bond yields down to 0%. Adjusting the Fed Funds rate is a tool given to the Federal Reserve to battle inflationary pressures and to defend the U.S Currency from devaluation. Protecting the purchasing power of the currency is the Fed’s primary purpose.
Question From An Options Trader
On June - 11 - 2009 ADD COMMENTS
Thanks for the lesson, quite impressive for a “techie”!! By the way it appears you have done well with CVI. On your advice I picked 200 shares at 8.18, closed yesterday at 10.00, not bad for 2 days! I notice it’s ROE is 32%, with so many different fundamental indicators it is beneficial to know that you put special emphasis on ROE.
