Poll: Are You Bidding On Bitcoins Today?

A couple of days ago we came across an article on Bloomberg about an upcoming auction (6/27/14 - Today) on a cache of Bitcoins worth about $17 million. The auction is for 29,656 Bitcoins, which are part of more than 144,000 the FBI transferred to U.S. Marshals after shutting down the Silk Road marketplace and arrested its operator last year. This auction offers a rare opportunity to secure a large amount of the virtual currency at one time.

Here's a link to FAQ's about the auction - Bitcoin Auction FAQ's

I thought it would be interesting at ask....

Would you bid in this auction?

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As always, we would love to hear what you have to say on the subject of the auction or just Bitcoin (BITCOIN:BITSTAMPUSD) in general.

Every Success,
Jeremy Lutz
INO.com and MarketClub.com

Another Way to Play the Upcoming Energy Crisis

Yesterday I talked about Tesla (NASDAQ:TSLA) and how this company could skyrocket based on the potential high prices at the pump and the potential lack of availability of petroleum products.

Today I am going to be taking a similar view, but with a different company, First Solar Inc. (NASDAQ:FSLR). When this company first came on the scene, it moved dramatically higher and in a matter of months was trading well over $300 a share, back in 2008. Since that time, the stock has generally drifted lower for the last several years until hitting a low in June of 2012. After trading below $12, the market has made a steady recovery to where we are today, around $70 a share. I certainly hope no one out there has been holding onto any shares since $300.

I am bullish on FSLR based on a number of factors. The Trade Triangles are all positive, we are in a strong uptrend, and this market could complete a classic Fibonacci retracement that would take it back over the $100 a share level. This stock has also shown a remarkable cyclic tendency and we are presently in a cyclic up-cycle right now.

As I stated in my piece on Tesla, the energy problem is going to remain and probably will deteriorate as the Middle East could go down in flames.

1. Cyclic high periods
2. Cyclic low periods
3. Fibonacci target zone between $94 and $113
Continue reading "Another Way to Play the Upcoming Energy Crisis"

The Grandmother Of Value Investing

By: Tim Melvin

Everybody knows that Benjamin Graham was the father of value investing.

He was the first set down for the public the idea of buying stocks and bonds when they traded at a discount to their real value. His writings are still used as the primary text for value investors around the world, and his classroom at Columbia University has produced some of the greatest investors in the history of the markets.

Investors who were taught the craft by Graham's students have also done very well over the years, and some of the top-performing investment managers today can trace their heritage back to Graham's classroom.

But most investors today are not aware the idea of value investing also has a cantankerous grandmother figure.

Hetty Green will never be mistaken for the warm, cuddly grandmother of fairy tales. By most accounts she  was extremely litigious, and was constantly suing people who crossed her in some fashion of another. Continue reading "The Grandmother Of Value Investing"

Is Tesla Ready To Skyrocket?

I am sure, like a lot of traders, you are paying close attention to what is going on in Iraq, Syria and Iran. My take on the situation is that it's not going to get better and the US is certainly not going to get involved in any meaningful way. This spells out doom for Baghdad, along with a bloody civil war which may have already started.

Against that backdrop, energy prices will continue to move higher and the possibility exists that the oil fields and processing plants in Iraq could be blown up just to put that country back in the Stone Age. We are dealing with a bloody sectarian war that is and will continue to tear that country apart. It also brings to mind what is going to happen to the rest of the Middle East? This whole Middle East problem has been going on for longer than anyone cares to remember and it's only going to be settled with a "bigger stick." At the moment, ISIS has the "bigger stick," the money, and the ferocious obsession of bringing their way of life to the area and surrounding areas. All in all it does not sound like too rosy a picture to me.

That got me thinking about who or what is going to benefit from much higher energy prices. One company stands out in my mind is Tesla Motors Inc. (NASDAQ:TSLA) You're probably familiar with their expensive sports car that sells for upwards of $100,000, but they're working hard on producing a lower-priced model, one for the masses. They are also planning the largest battery manufacturing plant in the world.

All of this is driven by one man, Elon Musk, who is the driving force and mastermind behind Tesla's domination of the electric market and SpaceX. Continue reading "Is Tesla Ready To Skyrocket?"

Will This Magical Bean Produce Profits?

At the beginning of the second quarter, I put out a special report on gold and highlighted how the World Cup portfolio has had an 80% success record in that market during that time frame. I am happy to report that the second quarter of 2014 kept that winning streak alive with the recent move in gold and added to the profitability of the World Cup portfolio.

Well traders, as we rapidly approach the end of June and the beginning of the third quarter it is time to find out which market is going to be hot. Throughout the history of the World Cup portfolio (since 2007), the third quarter tends to be the killer quarter for soybeans.

In the past, using the strategy from the World Cup portfolio, soybeans has seen an 85% success rate in the third quarter. Now, that's not to say that this coming quarter is going to be 85% correct, but certainly the odds would favor that.

You can have access to the signals for the World Cup portfolio by joining MarketClub right here.

Here are the trading results for soybeans in the third quarter of every year since 2007, using the signals from the World Cup model portfolio strategy.

2007 $2,800.00
2008 $22,900.00
2009 $125.00
2010 $4,300.00
2011 $8,175.00
2012 $13,462.50
2013 -$650.00

As you can see from the numbers, 2008 was an outstanding year. Besides 2009 and 2013, most of the other years produced profits that were quite exceptional. As late as 2012, you would have produced a healthy return on your initial margin. Continue reading "Will This Magical Bean Produce Profits?"