I had really been hoping we'd get more of a correction then we have so far.After the reversal on thursday and the lackluster trading on friday, things seemed to be setup for a poor start to the week.But no such luck!Today just about every stock I owned, and every one on my watchlist, was up and up signficantly.As it is I did get to do a little buying on Thursday and Friday.I bought a small starter ...

This is a little belated because I have been away the last couple of days. Most of what you will read below is further confirmation of the economy recovering.This is occuring globally at a faster pace then in the United States.There was an excellent opinion piece in the Wall Street Journal this weekend by James Grant that made the case that the recovery will be stronger then many expect.Grant's th ...

ShippingThe Baltic Dry Index, a measure of shipping costs for commodities,fell for a fifth consecutive week as easing port congestion and fleetexpansion pressured rates to hire capesize-class ships. The indextracking transport costs on international trade dropped 0.2 per centthis week to 2,415 points, for a 28 per cent decline in five weeks.Rates to hire capesize-class vessels slid 8.5 per cent th ...

I waffled again last week on my base metal and met coal stock bets.This time I sold about 10% of my positions in Taseko and Grande Cache Coal, and about 20% of my position in FNX.My concerns, well stated in previous posts, are that inventories of these metals continue to rise and that the correlation between price declines and inventory increases is, of course, very strong.Nickel, in particular, h ...

There were some positive comments out of K+S this week, one of the potash producers who has in the past most vocally negative.K+S, you will remember, was the first potash producer to cave in on price, reducing their price to European customers from $750/t to $600/t back in April.Norbert Steiner, the CEO of K+S, believes that demand will pick up in 2010, and also noted that distributor inventories ...