From the category archives:
A lot of my colleagues are worried about the market right now. I don’t blame them — I worry, too. But I think it’s going higher before it goes lower. This just shows that smart people at the same organization can have differing opinions. Here’s my chart of the Dow …
Note that the Dow pushed [...]
As I mentioned recently, tensions are heating up between China and the U.S.
On the subject of China, Jesse knocks it out of the park today …
They ought not to have been granted full trade status until China allowed their currency to float on some prearranged conditions at the very least. One can only speculate [...]
Here’s some news worth reading …
Oil is rocketing higher. It still has to get above last week’s high, but this is a bullish start.
Why is oil making its biggest move in four weeks? Because the dollar is weakening, and because OPEC says they won’t increase output. As I said in Friday’s column, there is plenty [...]
I really don’t want to write about climate change. I have a lot – A LOT – of work to do. And I can ignore most of the hateful comments I get on the subject. However, some comments have been thoughtful and respectful, and since this is an important issue, I feel I must reply [...]
I have a new video for UncommonWisdomDaily.com today. You can read a PDF transcript of the video here:
brodrick-uwd-for-031610-could-sugar-sweeten-up-your-portfolio-transcript
Have a good Tuesday!
Phil and I had a good time talking about energy, copper and more.
http://www.howestreet.com/index.php?pl=/goldradio/index.php/mediaplayer/1587
I’m keeping an eye on copper. After breaking out a couple of weeks ago, it is consolidating on lower volume. That’s something you expect in a bullish move …
I think copper could go down and test support #1 in the next week or so. Will it bounce there, or head to support level 2?
If the [...]
Remember Tom Jeffries, the velvet-voiced interviewer from HoweStreet.com? He’s on to a new gig, working for a Canadian group that is going to deliver investment interviews to mobile devices. It downloads as a podcast rather than streaming. This 15-minute interview with me took about 30 seconds to download and activate on my computer …
http://www.mobileinvestor.com/_resources/audio/download.php?file=seanbrodrick11032010.mp3
Here’s an interesting [...]
My column for UncommonWisdomDaily.com that posted today, The Coming Emergency in Energy, is already out of date. That’s because I used the International Energy Agency’s February estimate for global oil demand, when they raised the estimate for 2010 to 86.5 million barrels. Today, the IEA raised their 2010 estimate to 86.6 million barrels a day [...]
Gold is shining … oil is heating up … so what’s up with uranium? The once white-hot metal is certainly way off its highs. In fact, the spot price of uranium recently fell to U.S.$40.50.
Source: U3O8.biz
Going forward, the picture is mixed.
On the bearish side …
Both Macquarie and UBS forecast spot prices will average$47 per pound [...]
