China’s five largest banks–Industrial & Commercial Bank of China (ICBC), China Construction Bank, Bank of China, Agricultural Bank of China and Bank of Communications–posted record first-half profits as robust economic growth fueled the sector. ICBC’s net profit rose 29 percent to a record USD17 billion; the combined profits of China’s… Read More
Our seasoned team of analysts continually monitors investment opportunities around the world, to provide investors with the widest possible array of money-making ideas.
Analyst Articles
Updates on past recommendations and how they've fared. Read More
Cloud computing is the next digital frontier. Read More
Trains and health care plus our regular Checkup. Read More
Three top investing experts tell us what to buy now and why. Read More
After a difficult week last week, stocks are finding some purchase today. Read More
This morning we traded out of the Coach (COH) January 52.50 put option since the stock looks to have found a bottom and is more likely to rise than fall in the near term. We booked a profit on the trade of 15 percent in just under two weeks. We closed the Lululemon (LULU) December 55 put option on Thursday for a 47 percent gain after the underlying stock sold off sharply. Also last week, we exchanged a position in the PowerShares DB Base Metals (DBB) ETF at essentially breakeven for a more attractive commodity play, the SPDR Oil & Gas Exploration and Production ETF (XOP). The shares have given up ground along with the rest of the market, but with energy prices acting as well as they are we look for the oversold ETF to quickly rebound. The position is rated a buy at its current price. We have considerable exposure to the precious metals space. The most leveraged of these is our Barrick Gold (ABX) January 50 call option. Barrick Gold (ABX) has spent a couple of days trading above the technically important $51 level. It may now trade sideways for a bit, but we anticipate a move up to its former highs around $55.50 a share. The option is a buy if you don’t already own it. Read More
Sell to close the Coach (COH) January 52.50 put option at the market. Coach (COH) seems to have found what should prove to at least be a temporary bottom. With the shares now increasingly likely to stage a short-covering rally, we want to exit our trade and lock in a healthy profit. Read More
China’s Vice President Xi Jinping on Friday voiced concerns over “drastic fluctuations” in financial markets but said that the US economy was “resilient.” Xi, who is expected to assume the top post in China’s leadership structure, made the statement after meeting with US Vice President Joseph Biden, who is visiting… Read More
Sell to close the Lululemon Athletica (LULU) December 55 put option at the market. Buy to open the Garmin (GRMN) January 30 put option, using a limit order set at $3.20. Read More