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Everyone knows that 2011 was a year marked by volatility, though the markets had little to show for their ups and downs throughout the year. The Dow added a little, small caps fell back a bit, and the S&P 500 closed the year unchanged. Everyone also knows that 2012 has started out on a very strong...
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Amazingly, it's being reported that Europe has come to an agreement on bank recapitalization plans and Greek debt forgiveness. The banks will have to get their Tier 1 capital up to 9% by June. That 9% will be calculated based on the value of sovereign debt they hold after write-downs. Back in July...
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That was a terrific rally yesterday. Stocks chugged higher all day after Germany's Constitutional Court chose to endorse the bailouts of indebted EU members. The court did say that and new commitments had to be voted on in Germany's Parliament. But at least the bailouts passed the legality test...
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The S&P 500 is doing its best to build on the half-point rally it put together last week. All in all, there's no reason to expect stocks to reverse recent weakness and launch toward previous highs. It's better to see stock consolidate after the recent declines, and, perhaps, grind higher...
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The Bank of Japan pumped $183 billion in yen to try and contain the damage to the Japanese economy and stock market. It didn't work. The Nikkei dropped over 1,000 points in Tuesday trading, better than 10%. That's after a 5% drop Monday. That qualifies as a crash. And it's no "flash...
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*****Intel's Problem *****Strong Like Bull *****Silver Eagles Fellow Investor, Congratulations to the Green Bay Packers and their Super Bowl victory last night. It was an entertaining game. Though I have to say, the halftime show featuring the Black Eyed Peas wasn't my cup of tea. But I guess...
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The correction we’ve been monitoring certainly picked up some steam on Friday. The rioting in Egypt gave investors an easy excuse to drive stocks sharply lower. And there should be no surprise that tech stocks and the Nasdaq bore the brunt of the selling. Tech stocks were strong momentum trades...
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So how do we view a stock market that can’t hold its early highs, sells off to slightly negative territory mid-day, and then recovers roughly 50% of the decline by the close? Is that bullish behavior? Is it bearish? Or is it just plain weird? While there’s certainly no shortage of weird out...
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We are in the final stretch before Christmas. Yes, the blatant commercialization of a great holiday gets old. But it never manages to dampen my Christmas spirit. Online sales are up 12% over last year. And brick and mortar sales are coming in strong too. SpendingPulse reports that clothing sales are...
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European debt issues are once again weighing on the stock market. Where have I heard that before? Oh yeah, it was last year about this time that Dubai defaulted and Greece 's debt problems came to light. Unfortunately, these debt problems are not one and done. Ireland has been bailed out, to the...
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November 19, 2010 *****The Market Feels Heavy *****Silver Eagle *****The Fed Fires Back Fellow Investor, The good vibes from the GM IPO and the bailout potential for Ireland took the S&P 500 back above support/resistance at 1,192. We'll see how long the good vibes last. Despite yesterday's...
Posted to
Daily Profit
by
Ian Wyatt
on
11-19-2010
Filed under:
Filed under: Ian Wyatt, bailout, bank bailout, S&P 500, Federal Reserve, Fed, China, Bank of America, GM, Bernanke, General Motors, TARP, dollar, currency, silver, mining stock, PIMCO, IPO, silver price
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In difficult economic environments, when the stock market seems to move with little rhyme or reason, investors will sometimes say "it's a stock pickers market." The idea of a "stock picker's market" is that of a trendless market, but one where you can still buy quality, undervalued...
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September 17, 2010 *****You Shall Not Pass! *****Technical vs. Fundamental *****How to Profit Now Fellow Investor, The S&P 500 is at a very interesting spot. On Monday, September 13, it gapped up and ran above resistance at 1,120. It's dipped below that level every day since. But the bulls have...
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September 7, 2010 *****The Final Summer Fling? *****Euro Banks *****Technical Analysis and Confidence Fellow Investor, Summer is now officially over, at least from a business and cultural sense. Kids are back in school, beach retreats are over, and we can expect to see stock market volume return as traders...
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In today's short video, we look at two important aspects of the market - one is an intraday technique which I will show you how to use to determine where markets will turn, and the other is the infamous "death cross". http://www.ino.com/info/580/CD3678/&dp=0&l=0&campaignid=3...