Jan 17, 2017

Currencies Outlook: U.S. Dollar (USD), Australian Dollar (AUD), Canadian Dollar (CAD)

If you take a look at some of the other currencies, the Canadian Dollar (CAD) is up 2.50 percent so far in 2017. The Australian Dollar (AUD) is up 4 percent so far in 2017. These are some pretty big moves early in the year.

Remember, everybody was bullish on the U.S. Dollar. That was the trade. It was so crowded, everybody was in it. Every strategist that I saw on financial news at the end of last year, early this year, said something like, "I am long the Dollar, short Canadian or short the Aussie, or short the Japanese Yen..."

Meanwhile all these currencies are going up and I think they will go a lot higher.

Jan 16, 2017

We Need to Get the Government Out of Healthcare

I am very skeptical about the repeal of Obamacare. Potentially they will repeal it in some distant point in the future but it will still be around.

We need to get the government out of healthcare and get the free market in, so that we can have quality care at affordable prices. (UnitedHealth Group Inc(NYSE:UNH), CIGNA Corporation(NYSE:CI), Aetna Inc(NYSE:AET), iShares NASDAQ Biotechnology Index (ETF)(NASDAQ:IBB), Pfizer Inc.(NYSE:PFE))

Jan 11, 2017

International Investing: The Countries I Am Most Optimistic About

The countries where I am most optimistic about are Singapore, Hong Knog, New Zealand, Switzerland and Norway. There are a number of countries that I think are in much better shape than the majority of countries out there. There is where we should be investing, as their currencies are going to appreciate, their markets are going to appreciate in real terms. (iShares MSCI Singapore Index Fund ETF (EWS), iShares MSCI Switzerland Index Fund ETF (EWL), iShares MSCI Hong Kong Index Fund ETF (EWH))

Jan 10, 2017

Bitcoin is Not Good as Money

Bitcoin prices just collapsed in a very short period of time. This is huge volatility, we are talking about the price of Bitcoin changing by more than 25 percent in less than a 24-hour period. That is a huge drop in price! That is massive volatility, which is the reason why I have been saying that Bitcoin is not good as money because its too volatile!

Jan 9, 2017

Stock Market: The More It Rallies, The Harder The Sell-Off Will Be

I think the more the stock market rallies before Trump is inaugurated the more it is going to fall after he is sworn in. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), iShares Russell 2000 Index ETF (IWM))

Jan 5, 2017

Gold: A Very Strong Start To The Year

Gold up (SPDR Gold Trust ETF (GLD)), U.S. Dollar down, gold mining stocks (Market Vectors Gold Miners ETF (GDX)) up quite a bit, so far the year is not getting off to the type of start that all the experts were predicting. Again, I think that Wall Street experts are in for a big surprise based on how 2017 is going to shape out.

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