The Investment U Conference Wrap-Up: “Don’t Miss Your Million Dollar Opportunity”

by Dr. Scott Brown, Education Director

It was quite a week at the Investment U Conference in sunny St. Petersburg. It’s been a few days and I’m still a little exhausted at the sheer amount of information covered.

Over the past week we’ve discussed gold, emerging markets and foreign currency Exchanges. In addition we’ve discussed options strategies, commodities, small caps, biotechs and the state of our economy. And yet we’ve really just scratched the surface of the kind of useful, actionable information given out…

There’s a lot that we’ve missed.

And if you weren’t there, then you have no way of knowing what the insiders are thinking, you have no way of knowing if you have just passed over the next big thing - those “million dollar investments” we all dream of.

I highly encourage you to purchase the audio

...

The Investment U Roving Reporter: Day 2 - Live at the Conference: “Profitable Trading Strategies To Use Right Now”

by Dr. Scott Brown, Education Director

Things are off to a fast pace today at the Investment U Conference, our schedule is packed. And it doesn’t look like it’s going to let up anytime soon…

Day Two opened up with a number of speakers who went in-depth on a variety of the hottest topics out there right now: small caps, foreign currencies, gold and investing during a recession.

Profitable Trading Strategies To Use Right Now

Nobody knows what the market is going to do next month, next week, or next year. But we can look for similarities in the best performing stocks. The Oxford Club’s Momentum Alert service run by Alex Green does exactly that.

It’s a systematic survey of stocks over the last 40 years of stocks that made huge positive moves during

...

In the currency market, the dollar slid against the euro. Late Thursday, the euro was trading at $1.2668 vs. $1.255 on Wednesday.

“Traders have poured back into the euro today on news that Germany will spend more of its Treasury to support a union to which it is anchored,” wrote Jack Crooks, of Black Swan Capital.

Germany’s Cabinet on Wednesday approved legislation that would allow the forced nationalization of banks as a last resort. And Chancellor Angela Merkel said yesterday that Germany is willing to shore up the International Monetary Fund if needed.

Merkel added that the euro zone “is strong and has proven its worth in the crisis.”

“There’s a sense perhaps that Europe is going to take an activist role, or acknowledge that more needs to be done,” said Daragh Maher, currency strategist at Calyon.

Among the hard data, the Labor Department reported that producer prices rose in January for the first

…

John Crooks says currencies dependent on commodities are in for a very tough 2009. He says weak global demand and a marked slowdown in China will keep commodity prices low. And that’s bad news for resource-rich Australia. John says a looming recession, widening trade deficit and interest rate cuts will send the Aussie dollar plummeting this year.

This from The Sovereign Society:

Over the next six to eight months, our core trading strategy is based on three key ideas:

1. Global demand will continue to deteriorate 2. China will surprise on the downside 3. Commodities prices will sink back to their 2001 levels

Based on these three views, my trading partner Jack Crooks and I are bearish on currencies that depend on commodities to support their growth. And within the pack of commodity players we are most bearish on the Australian dollar.

Right now, Australia is effectively a satellite country of China.

...

The US dollar surprised many by breaking out of its six-year downtrend in 2008. Currency expert Jack Crooks says the global economy will get a lot worse before it gets better. And the euro will come under severe pressure as individual members of the union crumble. Jack says this all poins to further greenback strength in 2009.

This from Sovereign Society:

Think back to the beginning of 2008. If you’re like most investors, you were probably wondering just how low the dollar might fall in 2008, and how much higher oil would surge. But, Mr. Market surprised us in a big way in 2008.

Now the question seems: How much higher will the dollar go, and will oil continue to plunge lower?

Many were so surprised by awesome and swift change of fortunes in 2008. So let’s take a look at some of the reasons for the swift reversal of

...

El Dorado … Cibola … Quivira … these are all fabled “lost cities of gold” that fired up the imaginations of explorers who pursued their dreams to the four corners of the Earth. These cities only existed in the fevered imaginations of storytellers. But there was a real city of gold … or at least, a city richly associated with gold. Its discovery by European explorers is the story of unlocking mysterious Africa … a tale that rings down through the ages … and holds lessons for investors today. Timbuktu’s distance and fabled wealth fired the imaginations of early explorers. The ...

HIDDEN VALUE

Dear Value Seeker,

The center cannot hold.

At least it seems that way from where we’re sitting.

Yesterday, the Dow closed below its October lows, breaking through the psychological barrier of 8,000 points.

The S&P 500 ended the day at 806, its lowest reading in six years.

Who knows how low stocks can go from here.

Nicole Elliott, a technical analyst at Mizuho Corporate Bank, says the Dow will sink to 6,400 within the next few weeks.

There is chatter among quants of a “Bermuda Triangle” setting itself up in the Dow charts.

We’re not sure what this means exactly. But it sounds bad.

Word is the Dow is now bouncing around within this triangle, posting lower high after lower high.

We do know that the losses are getting scary.

The planet’s losses from the sell-off of equities have now reached more than $30 trillion – or more than twice the GDP

...

Today I watched with morbid fascination as the price of oil hit a 21-month low of $59.10 only a few hours after trading above $65. The amusement came from the market’s realization that China’s $586 economic stimulus plan wouldn’t do squat to prop up weakening demand for crude.

Oil prices had also been supported two OPEC members who hinted of a second emergency meeting to talk about production cuts.

As currency trader Jack Crooks has told me over and over again, “Don’t listen to what others are telling you about the markets; listen to what the markets are telling you.” That mantra rings true today, and a good example is crude oil.

Today, crude oil broke below long-term support near $61 a barrel, and the market is telling me it’s likely to test intermediate support near $50 a barrel in the near future. Take a look at the

...

Today I watched with morbid fascination as the price of oil hit a 21-month low of $59.10 only a few hours after trading above $65. The amusement came from the market’s realization that China’s $586 economic stimulus plan wouldn’t do squat to prop up weakening demand for crude.

Oil prices had also been supported two OPEC members who hinted of a second emergency meeting to talk about production cuts.

As currency trader Jack Crooks has told me over and over again, “Don’t listen to what others are telling you about the markets; listen to what the markets are telling you.” That mantra rings true today, and a good example is crude oil.

Today, crude oil broke below long-term support near $61 a barrel, and the market is telling me it’s likely to test intermediate support near $50 a barrel in the near future. Take a look at the

...

In the currency market, the dollar plunged against the euro. Late Tuesday, the euro was trading at $1.3002 vs. $1.2641 on Monday.

“Today might be the day that marks the beginning of a legitimate U.S. dollar correction,” wrote Jack Crooks, president of Black Swan Capital.

“We’ve been open to this potential for the last several weeks, as we think a lasting correction is due before the U.S. dollar can start on its next powerful leg of what we are expecting could be a multi-year bull market,” Crooks said.

With the election finally over, many analysts are saying the result isn’t likely to be a major driver for currency markets.

“Implied volatility has continued to fall, suggesting the euro could move higher in coming days with market participants likely to look past today’s U.S. presidential elections toward what could be horrendous jobs numbers on Friday,” wrote currency strategists at Brown Brothers

...