Current Financial News

Negative Nancy Index 2010The bulls can't run forever as there is always Chaos awaiting in the shadows. Just when you think your precious equities will run forever the market will topple and fall while only the inverse ETFs and short positions will reap the benefits. Stop fooling yourself, there's one million reasons to believe a market correction is upon us.

Thus fellow Masters, join chaos and evil, welcome the Negative Nancy Index for 2010. (QID, FXP, DGZ, DUG, VXX)

Goldfinger - Gold Overdose James Bond

Back to Gold and Silver we go.

We are likely to experience a minor correction or at least a few negative days from here.  It's time to get back into the oversold gold and silver stocks.  That means iShares Silver Trust (ETF) (NYSEARCA:SLV),  SPDR Gold Trust (ETF) (NYSEARCA:GLD) and miners Kinross Gold Corporation (USA) (NYSE:KGC), Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) and Silver Wheaton Corp. (USA) (NYSE:SLW).

5 Trade Ideas for Wednesday

These are the Stocks you are looking for

These stocks look ready to break-out even higher.

 

Let's jump right in here:

Sony: Shares Could Really Run

Sony Walkman

Sony could get back to the 80's.

Sony (SNE) shares jumped 9% today, that's unheard of.  Sony Corp. shares are on an incredible run and the party could continue if a spin-off is really on the way.

Make Fat Stacks with Covered Calls

Here are today's Covered Call Picks for Monday 05-20-2013.

What's a Covered Call?

Caddyshack Baby Ruth

Poop cruises with mustard sandwiches didn't have a good quarter, really?

Carnival Corporation (CCL) is down 10% since January when everything went wrong. Add another 4% after-hours today for a 14% plunge since floating turds ruined it for the cruise company.

Die Hard Glass

Silver investors are as beat up as John McClane. Can they pull the glass out of their feet yet?

Silver and its Miners have been a volatile and disappointing trade for 2013.  However the shorts have poured into these stocks and raked in massive returns.  If you shorted Silver Standard Resources (SSRI), Silver Wheaton (SLW) or Pan American Silver Corp (PAAS) this year congratulations.  However the Hater-Aid fueled party could be nearing and end.

Jackie Chan - Are you Serious

Have TSLA investors lost their minds?

Someone needs to inform the public that Dilution of Shares = Bad for the Stock. However, shares rose another 9% today on the news.

Apple Inc MONEY

Enough about Apple, here are 4 stocks that will beat the ROI of richest company on earth.

Buy Apple Inc. (AAPL)?  Every day another article is written on the subject and it's just the same old cut & paste thesis.  It's cheap... blah, blah, blah.  Mastery would rather buy Google Inc. (GOOG), T-Mobile (TMUS), Western Union (WU) and gamble a little on AK Steel (AKS).

Have Steel Stocks Bottomed?

Bullish General Large Pic

It would appear to be so, thus it could be time to slowly creep back in.

Of the stocks in the steel sector Mastery is most intrigued by Steel Dynamics (STLD), U.S. Steel Corp (X) and AK Steel (AKS).  X and AKS have huge short interest and have been horrible investments in the past 12 months.  The exception to would be STLD which is holding up well.  The steel sector is out of favor with Wall Street, that's why we want in.