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 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 »
December 4, 2013
Stocks declined again on Wednesday, with the Dow, the S&P and the Russell 2000 small-caps each down about 0.2% while the Nasdaq recouped losses from earlier in the session to close narrowly above flat. Meanwhile, gold enjoyed a surprise rally of 2%, and the futures for crude oil prices showed a $1 rise thanks to an inventory decline after 10 straight weeks of builds.
In today's Trader's Advantage, both of last night's new buy orders filled during Wednesday's session; I'll update you on those two and our other current positions, including several new trade parameters.Continue Reading »
Will you continue to invest in equities into the new year even as the major indexes make new all-time highs?
What Subscribers Are Saying