Media Appearances
The Phony War on Unemployment
During his historic address to a joint session of Congress last week, President Obama announced that his $447 billion Stimulus Jr. “jobs” bill “will be paid for.” How? By asking Congress to pay for it! Read more >>>
Wall Street Daily’s Chief Investment Strategist, Louis Basenese, talks with CNBC’s Julia Boorstin about the latest video game sales figures. Watch Video >>>
The world’s ‘New Tigers’ lie ready to pounce
The ‘New Tigers’ of the world are nations that have flown below investors’ radar, but are most likely to stand out in the years ahead as economic powerhouses such as the U.S., Japan, Germany, France, the U.K., Italy and Canada give up the spotlight to countries experiencing stronger growth. Read more >>>
Mexico’s stock exchange plans IPO for June
Mexico’s stock exchange operator says it’s ready to go public in its home market and in the U.S. next month in an offering that could raise as much as 4.6 billion pesos, or about $444 million. Read more >>>
Cellcom Israel: Dialing up dividends
Speculators should consider this high-risk, high-yielding Israeli wireless-telecom operator. Read more >>>
Get Ready for a Post-Earnings Surge for NVIDIA
Graphics chip company, NVIDIA (Nasdaq: NVDA), reported first-quarter earnings last Friday. And although revenue of $924.9 million represents a 4% decline from the same quarter last year, it beat the consensus estimate of $915.7 million. Read more >>>
Cars Taking Flight: Video Depicts Future DMV Nightmare
Last week, I discussed my fear of self-driving cars. After all, with so many people getting in accidents while paying (at least a little) attention to the road, I can’t imagine what’s going to happen once drivers start literally sleeping on the way to work. Read more >>>
3 Reasons to Go Long Japan
As the fallout from the devastating Japanese earthquake and tsunami continues, it’s little surprise that the country’s Nikkei 225 stock exchange has endured a rough week. Read more >>>
Book Review: “Where In The World Should I Invest?”
Karim Rahemtulla is the founder and editor of The Smart Cap Alert and the emerging markets/options editor of Wall Street Daily. He knows both how to analyze markets and how to sell his best ideas. In the online world, that means he knows how to write in a convincing way. Read more >>>
Where in the World Should You Invest?
We welcome Karim Rahemtulla, Founder and Editor of The Smart Cap Alert, and the Director of Emerging Markets/Options for Wall Street Daily, to discuss his latest book: Where in the World Should I Invest?: An Insider’s Guide to Making Money Around the Globe (Wiley; April 2012), which outlines the perils, pitfalls, and rewards of investing in “low float” markets. Emerging market investing is not for the faint of heart. Countries that have frequent changes in leadership, high rates of poverty, illiteracy, and high rates of crime are hardly the types of markets that engender confidence. Read more >>>
Profiting with commodity ETFs
If you’re interested in energy market exposure without paying full price for energy stocks or having the unlimited risk that’s associated with buying or selling energy futures, then consider a little-used options-trading strategy. Read more >>>
Rally by End of 2012: These are the Best Stocks in the US, According to Citigroup
Citigroup has released its Global Equity Quarterly report which includes forecasts for a minimum 20% rally in global stock markets by the end of 2012. Better yet, the report includes Citi’s top stock picks compiled by their top strategists, which we list below. Read more >>>
Carlyle Group: Be Wary of Public Investments in Private Equity
When you think of private equity heavy-hitters like Carlyle Group (Nasdaq: CG), KKR & Co. (NYSE: KKR) or The Blackstone Group (NYSE: BX), you think of exclusive partnerships and high returns. Read more >>>
Gold Stocks: Are Precious Metals Still a Safe Haven?
Gold prices fell to $1,731 an ounce on Tuesday, on track for its biggest two-day loss in two weeks, reports Reuters. The drop is partly explained by investor fears over Standard & Poor’s credit downgrade warning for eurozone nations. Read more >>>
Steel: How Globalization Kills the Local Economy
After struggling for years, Baltimore, MD’s Sparrows Point steel mill declared Chapter 11 bankruptcy on May 31. As part of the process, it will shut down operations and shed nearly 2,000 jobs over the next few weeks. Read more >>>
Top Emerging Market For 2012
We’re slap-bang in the middle of a very dangerous game – one where the culprits aren’t thieves or terrorists, but our very own Federal Reserve and other central banks around the globe. Read more >>>
I Demand That This Crazy Market Pay Me Cash Immediately…
With the Dow down as much as 2,320 points since July 21 (as of the first writing of this article in early October 2011), and all the unfavorable news overhanging the United States and Europe… Read more >>>
Silver ETFs Raise Odds of ‘Swift and Severe Correction,’ Strategist Says
Exchange traded funds (ETFs) have made it easier to invest in silver, which along with gold is seeing huge investment demand as a safe haven. However, one analyst warned Thursday that speculative money can move out of silver just as quickly. Read more >>>
Should Investors “Like” Social Media Stocks?
The recent filing for a $5 billion IPO by Facebook has set the investing world abuzz once again. Social media stocks across the board like Renren (RENN), LinkedIn (LNKD), and Zynga (ZNGA) have all gotten major boosts in the wake of Facebook’s pending entrance into the market. However, the debate rages on as to whether or not social media stocks are really… Read more >>>
Patent filings as an indicator of future stock price performance
Written by chief investment strategist Louis Basenese, it states: “While earnings growth remains a reliable indicator, we’d be well served to add patent filings to our repertoire, too. It’s an even earlier indicator of stock price performance.” Read more >>>
The Two Biggest Lies About Emerging Markets
The great Yankees philosopher, Yogi Berra, once said, “In theory there is no difference between theory and practice. In practice there is.” Read more >>>
The Perils and Profits of Emerging Markets Investing
Of course, there are other great resources out there in this area, one of which is Karim Rahemtulla. For decades, Karim has been at the forefront of emerging and frontier market opportunities and last month, he released a book in which he reviewed 15 such markets, including a few not familiar to most Western investors. Read more >>>
The SEC eyes Groupon
There’s been a lot of talk lately about Groupon, the website that emails you a coupon offer every day and lets you cash in if enough people sign up for the same deal. The company has been getting a lot of press about its meteoric rise and its plans to go public. But today, Groupon is in the news for a different reason. Read more >>>
The Hidden Factor Leading This “Safe” Asset to Collapse
We’ve written before that U.S. Treasury bonds simply aren’t safe anymore. Not because the United States will default, but because scared investors have piled into Treasuries, driving up bond prices dramatically. Read more >>>
These Seven Stock Picks Are Triple Threats
We’ve all heard the saying, “Don’t count your chickens before they’re hatched.” Well, that’s the perfect way to sum up the latest developments in the first-quarter earnings reporting season. Read more >>>
The Real Winner of Facebook’s $5 Billion Payday
Now that Facebook has filed for the largest internet IPO in history, all anyone can talk about is what valuation the social networking giant deserves. Read more >>>
Staying Alive As A Trader
Having spent six years as an option market maker on the floor of the New York Mercantile Exchange, Mt. Vernon Research commodities trading expert Lee Lowell is one of very few privy to the rare insider tips and secrets that the pros use every day to make money. Read more >>>
Coal production slows, prices drop
Coal production and coal prices are down and stakeholders are offering up lots of reasons as the cause, from weather to new policies and competing fuels. Wyoming Public Radio’s Irina Zhorov reports that it’s a combination of all these factors. Read more >>>
