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Your Daily Profit May 28, 2009 *****A Bottom for Housing *****Double-Dip Recession *****19% on BlackRock, Inc (NYSE: BLK) Fellow Investor, Yesterday, it was reported that median home prices fell to $209,700 from $246,400 in April 2008. That’s a steep year-over-year correction, even though prices...
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Daily Profit
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Ian Wyatt
on
05-28-2009
Filed under:
Filed under: stimulus package, Ian Wyatt, stimulus plan, oil stocks, oil, taxpayer, bank bailout, Geithner, Federal Reserve, unemployment, OPEC, retail sales, toxic asset, homebuilders, stress test, PPIP, Treasury Bonds, BLK
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Your Daily Profit May 12, 2009 *****Graham Corp up 65% *****“Dangerous Complacency” *****Sell in May? Fellow Investor, Oil is above $60 a barrel. Investors are buying on the expectation that the end of the recession is in sight. And hopefully, Daily Profit readers are benefiting via my recommendation...
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***Back in Time ***The $2.9 Trillion Gap ***Microsoft's Glitch Fellow Investor, Seems like every day we dial the clock back another year or two. Friday, stocks closed at levels not seen since 2000. Yesterday, it was 1997. By the end of the week, we might be in yet another different decade. But I...
Posted to
Daily Profit
by
Ian Wyatt
on
02-25-2009
Filed under:
Filed under: stimulus package, sector, Ian Wyatt, Investor Forum, stimulus plan, bailout, bank bailout, small cap, MSFT, Microsoft, GDP
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Economics This Week’s Data December business inventories fell by 1.3% versus estimates of a decrease of 1.0%; however, as has been the pattern for the last tow months, business sales dropped by 3.2% pushing up the inventory to sales ratio. Other...
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Economics This Week’s Data The International Council of Shopping Centers reported weekly sales of major retailers unchanged from the prior week and down 1.8% versus the comparable period last year; Redbook Research reported month to date retail...
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The Paycheck to Paycheck Economy Personal Balance Sheets Your Replay is Ready Oil held steady on Monday. So did stock prices. Whether we actually get a rally, it's clear that the market is waiting for the Senate to pass the stimulus bill and is eager to hear Treasury Secretary Geithner's plan...
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Today's Issue... The Oil Indicator Reader Mail TradeMaster Daily Stock Alerts The Oil Inidcator So, on Friday I made the rally call. The Dow Industrials were up 217 points. Now, after a conversation with TradeMaster strategist Jason Cimpl , I'm a little nervous about stocks following through...
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Daily Profit
by
Ian Wyatt
on
02-10-2009
Filed under:
Filed under: stimulus package, range-bound, stock, Ian, TradeMaster, stimulus plan, bad bank, oil stocks, ANWR, oil, short selling, Putin, short, bank nationalization, Russia, bailout, taxpayer, Chavez, Venezuela, bank bailout
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Economics This Week’s Data Fourth quarter productivity rose 3.2%, more than twice estimates of +1.5%; unit labor costs increased 1.8% versus expectations of up 2.5%. The bad news is that these positive numbers resulted from rising job cuts; the good news is that this is positive for corporate profits...
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Economics This Week’s Data Weekly mortgage applications plunged 11.1%. The January Institute for Supply Management’s nonmanufacturing index rose to 42.9 from December’s 40.10 reading versus forecasts of 39.0. Weekly jobless claims spiked (again) up 35,000 versus expectations of a 2...
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Economics This Week’s Data Weekly jobless claims rose 3,000 versus estimates of a 14,000 decline. http://mjperry.blogspot.com/2009/01/beware-of-false-claims-about-jobless.html December new home sales plunged 14.7%, a record low, versus expectations of a drop of 2%. http://econompicdata.blogspot...
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Economics This Week’s Data Weekly mortgage applications rose 2.5%, the first such increase in a number of weeks. Other In case you missed this from the congressional budget office--the stimulus plan won’t stimulate: http://online.wsj.com/article/SB123257985064904169.html The news from the...
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Your Daily Profit January 21, 2009 *****President Obama *****Saving Rate *****Recovery Portfolio Fellow investor, I hope everyone had a relaxing long weekend. And I hope you had a chance to watch the Inauguration yesterday. There was an amazing amount of people here in D.C. Of course, our offices were...
Posted to
Daily Profit
by
Ian Wyatt
on
01-21-2009
Filed under:
Filed under: stimulus package, Obama, Investor Forum, savings, recovery, House, Senate, inauguration, Treasury Bills, stimulus plan, barack
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Economics This Week’s Data Other In the current economic debate, much has been made of the vastly expanded rate of money supply growth and its potential consequences (inflationary). Here is an entirely different perspective and a must read. If you...
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Economics This Week’s Data Two secondary measures of industrial production came in not as bad as expected: the January Philadelphia Fed’s survey of manufacturing came in at -24.3 better than the anticipated reading of -36.0 and -36.1 recorded in December; the January New York Fed’s...
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Economics This Week’s Data The International Council of Shopping Centers reported weekly sales of major retailers down 2.3% versus the prior week and down 2.2% on a year over year basis; Redbook Research reported month to date retail chain store sales off 1.9% versus the comparable period in 2008...