December 6, 2013
With the market chopping around a bit after racing to new highs, it’s nice to see the bulls take a breath, which should be a good sign that we’ll see... Continue Reading »
November 4, 2013
While buying the market is not a bad idea, there are specific plays that may hold more promise for investors than an index ETF. Here are a few plays that... Continue Reading »
December 9, 2013
Stocks yawned slightly higher in a very, very quiet session unmarred by much new information either from government reports on the economy or from companies. The question of whether the Federal Reserve will begin to wind down the asset-purchasing program known as quantitative easing at its next meeting later this month has garnered most of the attention.
As you may know, my expectation is that the Fed governors will not feel as if they have seen enough improvement in the data on the economy's heartbeat to decide. The jobs picture may be brightening, but one or two months do not make a trend, and many other major soundings of late on the service economy and from housing have been disappointing.
In today's issue of Trader's Advantage, we'll take a look at economists' varying expectations for when the Fed will begin to taper its asset purchases, I'm adding one new recommendation that I believe will be one of the best stocks in 2014 and we'll review some changes to the rest of our current positions.Continue Reading »
December 6, 2013
Today's nonfarm payrolls data came in much better than expected, and investors reacted by pushing stocks higher after a week of declines. The S&P 500 gained 20 points, or 1.1%, the Dow Jones ended higher by almost 200 points, or 1.3%, and the Nasdaq closed up by 30 points, or 0.7%.
The unemployment rate fell to 7% from 7.3%, but investors showed that they were unconcerned that the news might increase the chances for an earlier-than-expected taper by the Fed. In today's issue of Trader's Advantage, I'm adding two new call recommendations to our Buy List, we were able to sell half of one position for a quick gain and I'll review the rest of our current trades.Continue Reading »
December 5, 2013
Stocks hit the pavement today as investors celebrated better news on the economy by selling everything in sight, and then looking under rocks and trees for more stuff to sell. It was the fifth straight day of losses -- and, speaking of which, a fifth is what we may need to recover mentally from the pounding.
In today's Trader's Advantage, I'll review the latest mood-altering headlines, and I'll explain why I think fears of early Fed tapering and inflation are overwrought. I'll also update you on the latest happenings in our Buy List, including one position that we sold today.Continue Reading »
Will you continue to invest in equities into the new year even as the major indexes make new all-time highs?
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