In This Issue:
Banks And Auto Stocks Led The Way Down, And Now Up
Yes, The Rebound Could Be Another Bear Trap
If There Ever Was A Time To Use Stops, It’s Now!
In Many Cities, Real Estate May Be Set To Rise
The Bottom Line
the past month, the stock market staged a strong reversal as the Dow and the
Nasdaq rose 6.9% and 9.1% respectively. As often happens when investment
optimism begins to replace a long period of pessimism, small stocks did better
than their larger cousins.
many blue chips also performed very well. For example, our first three picks
from last month, JP Morgan Chase
(JPM), Archer Daniels Midland (ADM),
and Ford (F) jumped 21.5%, 5.3%, and
42.3% respectively. Our fourth pick, SPDR
Gold Trust (GLD), dropped 2.4%.