Investment Contrarians

Name: George Leong, B. Comm.

Bio: George Leong, B. Comm. is a Senior Editor at Lombardi Financial, and has been involved in analyzing the stock markets for two decades where he employs both fundamental and technical analysis. His overall market timing and trading knowledge is extensive in the areas of small-cap research and option trading. George is the editor of several of Lombardi’s popular financial newsletters, including The China Letter, Special Situations, and Obscene Profits, among others. He has written technical and fundamental columns for numerous stock market news web sites, and he is the author of Quick Wealth Options Strategy and Mastering 7 Proven Options Strategies. Prior to starting with Lombardi Financial, George was employed as a financial analyst with Globe Information Services. Add George Leong to your Google+ circles

Recent Articles

Why This Market Is Reminiscent of 2000

Why This Market Is Reminiscent of 2000

There is simply nowhere else to put your money to work, which is why the stock market continues to edge upward to new record highs.

You can earn a yield of 0.23% on a two-year … Read More


How Understanding the Investment Climate Equals Stock Market Success

How Understanding the Investment Climate Equals Stock Market Success

If you invested all of your money in the stock market, you would be exposed to extraordinary risk of a market retrenchment.

Of course, you could also make a lot of money, especially with how … Read More


One Sports Car Stock That’s Shocking the Market

One Sports Car Stock That’s Shocking the Market

A year ago, I was able to take a close look at a cool-looking electric-powered sports car. I even got to sit in it. I noticed that it was not made by a manufacturer that … Read More


SEC Raises Requirement for Chinese Companies for U.S. Listings; Chinese Companies Looking Elsewhere

SEC Raises Requirement for Chinese Companies for U.S. Listings; Chinese Companies Looking Elsewhere

Chinese initial public offerings (IPOs) could be hot again this year, but don’t look to America as the breeding grounds: the flow to the U.S. is dead.

The big market for Chinese IPOs will be … Read More


The Dow Is at a Record High, but Institutions Are Selling

The Dow Is at a Record High, but Institutions Are Selling

The shares of Apple Inc. (NASDAQ/AAPL) have been on a steady climb since plummeting to $385.10 on April 19; but my sense is that the buying has largely been driven by retail investors and not … Read More


Are Lower Oil Prices on the Horizon?

Are Lower Oil Prices on the Horizon?

The oil sheiks at the Organization of the Petroleum Exporting Countries (OPEC) must be at their wits’ ends these days, with oil prices showing some downward pressure.

While the West Texas Intermediate (WTI) spot is … Read More


China’s Economic Reporting: Fact or Fiction?

China’s Economic Reporting: Fact or Fiction?

There’s something fishy going on with China’s economic data—at least with those figures that are reported by the Chinese government. The reality in those numbers has always been questionable.

Are the economic data compiled and … Read More


Is It Time to Look Away from Gold?

Is It Time to Look Away from Gold?

Lately, I’ve been reading about all of this buying of gold bullion by central banks around the world.

Some would say the move is bullish for the precious metal, but I’m not convinced. I was … Read More


Forget What the Bulls Are Saying: Red Flags Are Surfacing

Forget What the Bulls Are Saying: Red Flags Are Surfacing

The Ben Bernanke-driven stock market rally continues in full force and is unabated, but I really question the rate of the advance and believe stocks remain overextended at this juncture.

The S&P 500 made another … Read More


When It Comes to Jobs Numbers, the Market Is Trading on Anything but the Truth

When It Comes to Jobs Numbers, the Market Is Trading on Anything but the Truth

Pop the champagne; it’s time to rejoice and toast this month’s jobs numbers, isn’t it? The S&P 500 edged up to another record high above 1,600, while the Dow is seriously eyeing 15,000.

I did … Read More


Yet Another Housing Crisis on the Horizon?

Yet Another Housing Crisis on the Horizon?

Home prices are heating up, as the flow of new homes and permits continue to steadily increase and the attraction of historically low mortgage rates motivates buyers.

The buyers that are driving up the housing … Read More


Small Business Loans Drop: Does This Foreshadow a Slowing?

Small Business Loans Drop: Does This Foreshadow a Slowing?

Small business is the backbone of America’s economy. While large multinational companies tend to get all of the attention, it’s the small companies that are critical to the country’s economy.

From your local “mom and … Read More


Why Dr. Doom Is Bullish on Stocks

Why Dr. Doom Is Bullish on Stocks

Economist Nouriel Roubini, also known as Dr. Doom, is finally on board with the stock market upswing; in fact, he believes the stock market can go even higher over the next two years.

Now, if … Read More


Why the Eurozone Recession Is Important for America

Why the Eurozone Recession Is Important for America

George Soros knows a thing or two about making money from big bets. In 1992, Soros made a $10.00 short wager on the British pound and walked away with a billion dollars in profits.

Soros … Read More


What McDonalds Has to Say About the Global Economy

What McDonalds Has to Say About the Global Economy

You can tell a lot about the pulse of the economy by examining the retail sales and restaurant sector. When people are working and making money, they tend to be more confident and want to … Read More


Microsoft at 52-week High: What’s the Fuss?

Microsoft at 52-week High: What’s the Fuss?

Apparently, someone forgot to tell the market that Microsoft Corporation (NASDAQ/MSFT) was a dead investment and not worth buying.

Following a lackluster launch of its “Surface” tablet and “Windows 8” operating system, Microsoft quietly moved … Read More


Why Today’s Weak Durable Goods Numbers Foreshadow Low Confidence

Why Today’s Weak Durable Goods Numbers Foreshadow Low Confidence

Consumers appear to be holding back on buying non-essential goods, and this could impact the economic recovery.

The durable goods orders contracted a dismal 5.7% in March, according to the United States Census Bureau, representing … Read More


Accounting Usually Creates a Decent Earnings Season—But Not This Year

Accounting Usually Creates a Decent Earnings Season—But Not This Year

When I read the newswires each morning, I scour for trading opportunities; but the one thing that I have been noticing lately is the lack of moderate revenue growth among the reporting companies. I’m not … Read More


Global Economy Still at Risk, Just Look at the Jobs Picture

Global Economy Still at Risk, Just Look at the Jobs Picture

Consistent jobs growth remains an issue here in the U.S.

We also know that the lack of jobs is a worldwide problem that is only made worse by the world’s growing population and the stalling … Read More


Momentum Is Great—If You Are on the Right End

Momentum Is Great—If You Are on the Right End

Apple Inc. (NASDAQ/AAPL) finally broke below $400.00 last Thursday, an occurrence that I recently discussed in Investment Contrarians. As I said, the short term will generate volatility for the stock, but I continue to believe … Read More


Slow Global Demand and Higher Inventory Bearish for Oil

Slow Global Demand and Higher Inventory Bearish for Oil

Oil drives the world.

But the problem now is that the industry is building up an excess inventory in available oil while global demand is dwindling, as the global economy continues to struggle with the … Read More


Why Short Selling Can Be Viewed as Bullish

Why Short Selling Can Be Viewed as Bullish

Traders bearish on stocks often employ a short selling strategy and hope the stock subsequently declines in value, thereby profiting off of the difference between the initial shorted price and the lower price at which … Read More


Why Protecting Your Assets May Be Easier Than You Think

Why Protecting Your Assets May Be Easier Than You Think

I hope you didn’t get caught off guard this past Monday with the broad market sell-off.

If you did, you need to really think about risk management and having a good investment strategy in place … Read More


Technology Sector at the Bottom of the Pack: Time to Give Up on These Stocks?

Technology Sector at the Bottom of the Pack: Time to Give Up on These Stocks?

With capital shifting into the perceived safety of blue chips and large-cap stocks, small-caps and technology stocks have been declining on the charts.

Given the advance so far this year in the equities market, it’s … Read More


Don’t Be Fooled by the Retail Numbers—Just Be Selective

Don’t Be Fooled by the Retail Numbers—Just Be Selective

When interest rates are as low as they are and consumers begin to hold back on their spending, you have to wonder about the prospects for the retail sector going forward.

With the higher taxes … Read More