Blogs

12.30.11

 

This model was recommended for a buy on December 29th, and as a sell on December 30th.
Symbol Buy Price Sell Price Transaction Gain/Loss
S&P 500 $1,263.02 $1,257.60 -0.43%
AGQ $42.19 $41.65 -1.28%
DGP $46.34 $47.61 2.74%
HAO $19.08 $19.30 1.15%
REM $12.71 $12.66 -0.39%
RSX $26.24 $26.65 1.56%
    Avg. Gain 0.76%

 

12.22.11

 

 This model was recommended for a buy on December 22nd, and as a sell on December 29th.

Symbol Buy Price Sell Price Transaction Gain/Loss
S&P 500 $1,254.00 $1,263.02 0.72%
EWP $30.20 $30.16 -0.13%
EWX $37.89 $37.63 -0.69%
IGV $54.14 $54.29 0.28%
IXP $55.02 $55.45 0.78%
TMF $68.21 $70.90 3.94%
    Avg. Gain 0.84%
12.15.11

 

Model recommended as a buy on December 15th, and as a sell on December 22nd.

 

  Buy Sell Gain/Loss
AGQ $46.68 $46.92 0.5%
DGP $47.86 $50.44 5.4%
DIG $39.45 $43.99 11.5%
FAS $58.13 $65.75 13.1%
LBJ $67.60 $74.52 10.2%
    Average 8.2%

 

12.08.11

Model bought on December 1st, sold on December 8th. 

 

 

Buy

Sell

Gain/Loss

AGQ

$60.06

$55.50

-7.6%

CYB

$25.62

$25.59

-0.1%

TMF

$64.88

$68.43

5.5%

UCO

$42.37

$40.44

-4.6%

UUP

$22.05

$22.19

0.6%

   

Average

-1.2%

 

11.17.11

 

This model was bought on November 17th, sold on December 1st.

 

Buy

Sell

Gain/Loss

CORN

$40.49

$39.38

-2.7%

DRN

$45.87

$45.97

0.2%

FAS

$57.60

$60.89

5.7%

REMX

$16.92

$17.49

3.4%

XPP

$46.61

$50.00

7.3%

   

Average

2.8%

 

11.13.11

On Friday the Dow rallied 260 points as investors breathed a big sigh of relief that Greece and Italy have taken positive steps toward fiscal responsibility. Berlusconi resigned over the weekend and Mario Monti agreed to form a transitional government in Italy. This is like the relief parents feel when their kid enters rehab. It is a good first step. but the hard part, sobriety, lies ahead.

11.09.11

The Italian Prime Minister is departing the political stage, as expected, but the comedic leader will not leave his audience laughing.

News hit mid-day on Tuesday that Prime Minister Berlusconi agreed to resign after the new austerity budget is passed, which boosted equity markets in Europe and the U.S. The Dow closed up 101 points and the S&P advanced more than 1% as financials breathed a sign of relief. That's the good news.

Overnight, however, the European bond market sent a glaring vote of no-confidence when the yield on benchmark 10-year Italian government bonds soared to 7.41%.

11.06.11

Last week was a net loser for the equity market, but the major indices are busy consolidating their recent gains from a spectacular 4-week rally. The S&P was down 2.5% through Friday and the Dollar Index was up the same amount. Financials and retailers are being sold, but energy, materials and tech are stable.

11.03.11

You can't keep a good market down, especially during November and December.

As expected yesterday (November 2), the market quickly found a way to feel better about the possibility of Euro contagion: focus on the Fed. In his remarks after the FOMC meeting, the Fed chairman admitted that economic growth is frustratingly slow and “very unsatisfactory.” The Fed downgraded its economic outlook for the next two years and upped its unemployment forecast. In other words, the Fed finally admitted the reality of the New Normal.