"For seasoned traders, a major downturn is simply another opportunity to make money. The harder Wall Street falls, the more they will make. Smart investors use short positions in options and equities to bet against share price appreciation. It’s exactly what you should be doing." — Andrew Snyder
by Andrew Snyder
Baltimore and Ketchikan, Alaska (TFN) [...]
Tags: amex, Andrew Snyder, bear market, DIA, diamonds trust, dow, powershare, qqq, qqqq, technical bounce, wall street
"Sometimes, however, there is a delayed reaction in gold, which happens more often than efficient market theorists would like to admit. Gold’s fundamentals are still bullish." — Ed Bugos
by Ed Bugos
Baltimore and Vancouver, British Columbia — (TFN): Last week we saw a bounce in the stock market that threatened to send gold prices [...]
“It’s not a good sign when the (Dow Jones Industrial) index breaks down this way.” — Richard Russell, Dow Theory Letters
Blogger’s note: According to Smart Profits Report Managing Editor Martin Denholm, the U.S. economy won’t find a bottom anytime soon. We may have gotten past the first half of 2008 without a complete [...]
“A lot of investors utilize the Consumer Staples Select Sector SPDR (XLP:AMEX), an ETF (exchange traded fund) covering that sector. What they may not know is that there is also an ETF that offers leveraged returns on the same sector.” — Christian Hill
by Christian Hill
Baltimore – (TFN): [...]
Tags: amex, christian hill, cnpix, coke, consumer goods, dow, etf, johnson and johnson, leverage, philip morris, SPDR, xlp
“When it comes to penny stocks, some of the wackiest ideas have translated into serious gains for investors who were willing to think outside the box…” — Jonas Elmerraji, Penny Sleuth U.S.
by Jonas Elmerraji
Baltimore – (TFN): Many people who have never played the stock market game before start with penny [...]
“In announcing ‘no change’ in rates yesterday, the Fed pretends that its policy is perfectly calibrated to deal with the current economy. In reality however, the Fed is pinned down by a cross fire of inflation and recession.” — John Browne
by John Browne
Baltimore – (TFN): Cheerleaders will face [...]
Tags: china, dow, europe, Fed, federal reserve, house prices, India, inflation, saudi arabia, stock markets, us
“Throw stagflation into the mix, and the whole picture changes. This is exactly what’s happening now. The rules are changing but no one seems to have informed ‘the players’ yet.” — Sean Hyman
by Sean Hyman
Baltimore – (TFN): For a long time now, if you had a background in stock trading, [...]
"As long as investors don’t get overly optimistic too quickly, I do see us moving higher at this point. But keep an eye on the sentiment indicators. If people start getting too optimistic again, it may not be time to dive back in just yet." – Rick Pendergraft of Investor's Daily Edge
Baltimore – (TFN): The [...]
"The feds try to artificially increase the supply of cash and credit… so as to avoid correcting mistakes." — Bill Bonner.
Blogger's Note: Our friend Bill Bonner of The Daily Reckoning published a good article on the current credit crisis. Bill has some interesting things to say about the U.S. market situation and the [...]
Tags: Bank of england, Bill Bonner, central bank, credit crunch, credit meltdown, daily reckoning, dow, federal reserve, interest rates, market downturn, pumping money, subprime default, subprime meltdown, the fed
“The U.S. market is poised for a bounce. Buy the Dow Diamonds January $132. (symbol: DAWAB).” — Christian DeHaemer
by Christian DeHaemer, TFN
Baltimore — (TFN): The Dow Industrial Average has sold off more than 1,000 points in the past five weeks. It has been down for the past six trading days. This is too [...]