This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

CNBC 'Fast Money' Contributor Joe Terranova Sees Opportunities In Cheaper Japanese Yen And Natural Gas Exports At Quinnipiac University's G.A.M.E. III Forum In New York

NEW YORK, April 5, 2013 /PRNewswire-USNewswire/ -- Joe Terranova, chief investment strategist at Virtus Investment Partners and a contributor to "Fast Money" on CNBC, told an international audience of students and faculty in New York to have confidence in their instincts, but also to back them up with a sound risk-management strategy. "The first question you want to ask," he said, "is 'How much can I lose?' You need to define your risk first and foremost."

Terranova, speaking on the second day of Quinnipiac University 's Global Asset Management Education (G.A.M.E.) III Forum at the Hilton Hotel Midtown, offered the students some investment advice based on where the world — and the markets — are going. He focused on opportunities created by the lower value of the Japanese yen, and by what he called "the blessing of shale"—an abundance of inexpensive natural gas in the United States.

A devalued yen, aided by government planning, helps Japanese companies sell their products abroad, and that adds the value of large mega-cap companies such as Toyota, Mazda and Bridgestone, he said.  Terranova said that Japan's actions will also lead highly competitive South Korea to try and push its own currency lower. "We're seeing that already," he said.

Terranova also pointed to the granting of a federal license to export liquefied natural gas (LNG) globally to a subsidiary of Cheniere Energy, Inc., which has already secured long-term purchase agreements for its gas. He noted major imbalances in natural gas prices around the world that could make export very lucrative. "The expectation is that over the next two years there will be a recognition that we're not going to see big price spikes in U.S.-produced natural gas," he said. "And that will clear the way for the investment needed to safely turn our import terminals into export terminals."

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs