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  • Association for Investor Awareness - Week of 08/27/2009

    In This Issue:

    The Outlook Is Better For An Improving Economy
    Profit Growth Can Be Misleading
    Big Companies Still Have An Advantage
    Emerging Countries Are Making A Strong Recovery
    Two Long Term Dividend Payers Look Good
    Fasten Your Seat Belts, Oil Prices Are Roaring Back
    The Bottom Line This Week

    It's been a bear market for bears recently as their many doom-and-gloom pronouncements have gone wanting. The old bull just won't quit, despite all the logical arguments that predict his demise. It's a good lesson that paying attention to what is actually happening in the stock market is more profitable than following theories. Mother Market always has the last word.

    The numbers tell the story. Since our last letter on July 29, the Dow and the Nasdaq have gone up 5.2% and 2.9% respectively. In only one of the four weeks did the market slide into negative territory, and then by less than 1%. By contrast, the best week registered a 7.3% gain. That's the sort of tailwind we like to have.