Buy to open the Fastenal (FAST) January 44 call option. Use a limit order to pay no more than $3 per contract. Fastenal (FAST) makes threaded fasteners, such as bolts, nuts and screws, as well as various hardware items. Its products are used in manufactured products and building projects, making… Read More

Leon Cooperman is another hedge fund manager who has amassed an impressive record. He served as Goldman Sachs Asset Management’s CEO/Chairman before founding Omega Advisors. With a penchant for spotting undervalued stocks and investing with a long-term focus, he has grown his Omega Advisors hedge fund to approximately $4.4 billion… Read More

Our second buy-side standout comes courtesy of Seth Klarman. Nicknamed “The Oracle of Boston,” but little-known outside of Wall Street because he prefers to avoid the spotlight, Mr. Klarman is one of the most successful fund managers in history. His Baupost Group hedge fund is one of the largest in… Read More

Our first pick comes from Tocqueville Gold (TGLDX), a top performing precious metals fund that invests primarily in gold and silver miners. It has ranked in the top 10 percent among peers every year for the last 3 years. John Hathaway is one of the most respected gurus in the industry and has shown a penchant for identifying quality mining stocks.   Eldorado Gold, a mid-tier miner with operations in China, Turkey, Brazil and Greece. The fund recently added 4.5 million shares of the stock this year, drastically increasing its overall EGO holding to 6.8 million shares, which bumped the stock all the way up to its fifth largest holding. The major purchase is an unmistakable strong endorsement. Read More

Given the possibility for a sharp move in either direction, we’re standing pat while awaiting the press release that will be issued after the Federal Reserve’s policy meeting is concluded.    We closed out the Transocean January 52.50 call option for a 23 percent loss after the US government reaffirmed… Read More