Category Archives: Economy

The stock market, forex, gold, silver, the Dollar, employment, business ideas and more…

Gold Down Big – Stock Market Will Be Next

Gold is down $30 today to about $1350. This is the second big drop in the last few weeks and a sign to me that the stock market is ready to fall. I thought the market was due to drop … Continue reading

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The Economy is Trapped

The main stream media is a joke. They report select stories and never bother asking why. When gas reached $3 under president Bush, they asked him why and what he was going to do about it. Critics and Liberal Democrats … Continue reading

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Overpriced Stocks for 2011

I have started a new site for my passion of overpriced stocks. If you are interested in following my opinion on these bubble stocks, visit www.OverpricedStocks.net and you will see my picks for 2011. These overvalued stocks will drop big … Continue reading

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Fiesta is over for Chipotle CMG

I tend to look at overpriced stocks because that’s where I see the most opportunity to cash in right now. I wish I caught this one sooner. This one hit my radar over a couple of months ago, but I never … Continue reading

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Golden Slacks Strikes Again – NFLX $200 Target

What great timing Goldman has.  They set a target of $200 on the price. Thanks, it already got there and dropped almost $30 since then. Also BMO Capital raises it’s target to $180 this month. I will be buying more … Continue reading

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Bond Bubble

What is the bond bubble? Most Americans have no idea what is on the way with bonds. Many put much of their retirement in so called “safe bond funds”. The exact opposite of what they should have done. This bond … Continue reading

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500% profit in 2 days on PCLN and Big Gains on BIDU

Look at my post from Monday the 13th. Look at the prices from then to today and you will see gains of 500% in 2 days. PCLN Dec $390 cost me $.40 on Monday and bought more at $.70 and … Continue reading

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Sold $200 NFLX Put for 27% gain in 3 days.

Sold 2nd $200 NFLX put for $13.50 – Paid $10.55 3 days ago.

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NFLX Bounces. Time to buy more puts.

You could not ask for more from netflix stock. NFLX is back up to $192 today. puts are not cheap anymore. Best strategy when it bounces like this is to buy in the money puts. Just bought a Dec 200 put for … Continue reading

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Netflix CFO Quits

It was good while it lasted NFLX longs. First the CFO dumped a bunch of stock over the last 12 months for $58 million and now he quits. After a nice bounce (thank you I got more puts)back over $199 a … Continue reading

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