By Steve McDonald
For months, my colleagues and I at ETR's sister newsletter, Investor's Daily Edge, have been pounding the table about how this market is a stock picker's dream. We have said things like, "Millionaires are made at this point in the market cycle," "Stocks are really cheap," and "Build a bulletproof portfolio now." But most people can only hear the doom and gloom news, and it always ends up costing them money.
The market is almost 7,000 points below its previous high, even after a huge move in the last month. This is a buy signal... not a reason to stay out. But most will stay on the sidelines and wait for stocks to become overpriced before they buy again.
In my last ETR article, I said that you can lower your risk in this market by giving it time. Now, here's another suggestion...
Average in, rather than dumping in all your money at once. Buy about one-quarter to one-third of what your usual position size is, and buy on the dips - and there will be dips in the next three to five years.
If you want to add a nice kicker to this plan, buy companies with good dividends. That could add 5 to 7 percent to your annual return. That's how cheap stocks are right now. Companies that usually have dividends of 1 to 3 percent are paying 5 to 7 percent.
This is a 100-year buying opportunity. The only requirement is that you must be willing to stay the course and treat selling dips as buying opportunities. You have your pick of the best companies in the world right now at bargain basement prices.
[Ed. Note: Get the scoop on more emerging investment opportunities from Steve McDonald in Investor's Daily Edge, ETR's sister publication. Sign up for free right here.
Larry Potter
http://www.yoursocialprofits.com
Showing posts with label larry potter. Show all posts
Showing posts with label larry potter. Show all posts
Monday, May 4, 2009
Saturday, May 2, 2009
Financial Wizards
Since last fall, our financial wizards have promised $12.8 trillion in bailout funds to primarily well connected cronies. The US national debt since the birth of this great nation now stands at a comparable $11 trillion. None of these debts will ever be paid off and it’s hard to fathom how anyone believes to the contrary.
The printing press is also being used to artificially maintain low interest rates via market interventions. Derivatives have long been focused there but now the Fed has resorted to direct action. The Fed is in the market buying our own Treasury Bonds. $300 billion is the first estimate, but you know how government estimates tend to work out.
Folks, this extreme action is akin to entering the bidding for your own house sale. An advanced central planning degree is required for this desperate maneuver.
Larry Potter
Stocks2Watch
http://www.youtube.com/watch?v=lkJCsIMAiNY
The printing press is also being used to artificially maintain low interest rates via market interventions. Derivatives have long been focused there but now the Fed has resorted to direct action. The Fed is in the market buying our own Treasury Bonds. $300 billion is the first estimate, but you know how government estimates tend to work out.
Folks, this extreme action is akin to entering the bidding for your own house sale. An advanced central planning degree is required for this desperate maneuver.
Larry Potter
Stocks2Watch
http://www.youtube.com/watch?v=lkJCsIMAiNY
Friday, May 1, 2009
Selling Put Options
Selling puts is a strategy that can generate an annualized yield in the neighborhood of 30 percent to 50 percent. When executed properly, this strategy can be highly profitable and carry very low risk. That is especially true in the kind of market we have today, where fear is high and option prices are elevated.
This is a great way to buy stocks at a discount. Let's say you would love to buy IBM at $81 a share, but it's selling at $89 a share. In this case, you could sell the $81 put option. If the price falls below $81 before the option expiration date, you get your shares at the price you like. If the price stays above $81, you keep the premium and you can repeat the process.
You can also sell puts with the goal of generating income. In this case, you'd want the puts to expire worthless so you can capture the option premium. To accomplish this goal, you sell puts that are "out of the money" on stocks you believe to have very little downside risk... and which you would be willing to purchase at a much lower price.
Here is an example...
Let's assume that stock XYZ is selling for $13. We'll also assume the stock has already fallen by a significant amount (not too hard to find in today's market) and you believe the rock bottom liquidation value of the company is $8.
With the stock trading at $13, the July $10 put option is well out of the money and selling for $1.50. You decide to sell those puts. When the trade closes, $150 will automatically show up in your account for every put contract you sold.
The only way you could lose money on this trade is if XYZ trades below $8.50 ($10 minus $1.50) on or before the option expiration date in July. That would be a 35 percent drop from the depressed level the stock is trading at when you sell the puts.
And in the unlikely event that you are obligated to purchase those shares below $8.50, you should still come out okay. After all, the liquidation value of the company is $8 a share, which makes the downside risk very small.
This strategy should be employed on stocks where you believe the downside risk is minimal. And you should only employ it on stocks that you would be glad to own at a price below where you sell the put.
You should also have a reasonable understanding of the true valuation of the company. For this reason, I would exclude most financial and insurance companies, as few people (including insiders) have any idea how much these companies are worth or what is on the books.
By selling put options, you could buy super-high-quality stocks as much as 50 percent cheaper than today's historically low prices. Plus, you'll get cold, hard cash deposited in your account instantly... adding to your annual income!
Larry Potter
http://www.youtube.com/watch?v=lkJCsIMAiNY
www.ATicketToWealth.com
This is a great way to buy stocks at a discount. Let's say you would love to buy IBM at $81 a share, but it's selling at $89 a share. In this case, you could sell the $81 put option. If the price falls below $81 before the option expiration date, you get your shares at the price you like. If the price stays above $81, you keep the premium and you can repeat the process.
You can also sell puts with the goal of generating income. In this case, you'd want the puts to expire worthless so you can capture the option premium. To accomplish this goal, you sell puts that are "out of the money" on stocks you believe to have very little downside risk... and which you would be willing to purchase at a much lower price.
Here is an example...
Let's assume that stock XYZ is selling for $13. We'll also assume the stock has already fallen by a significant amount (not too hard to find in today's market) and you believe the rock bottom liquidation value of the company is $8.
With the stock trading at $13, the July $10 put option is well out of the money and selling for $1.50. You decide to sell those puts. When the trade closes, $150 will automatically show up in your account for every put contract you sold.
The only way you could lose money on this trade is if XYZ trades below $8.50 ($10 minus $1.50) on or before the option expiration date in July. That would be a 35 percent drop from the depressed level the stock is trading at when you sell the puts.
And in the unlikely event that you are obligated to purchase those shares below $8.50, you should still come out okay. After all, the liquidation value of the company is $8 a share, which makes the downside risk very small.
This strategy should be employed on stocks where you believe the downside risk is minimal. And you should only employ it on stocks that you would be glad to own at a price below where you sell the put.
You should also have a reasonable understanding of the true valuation of the company. For this reason, I would exclude most financial and insurance companies, as few people (including insiders) have any idea how much these companies are worth or what is on the books.
By selling put options, you could buy super-high-quality stocks as much as 50 percent cheaper than today's historically low prices. Plus, you'll get cold, hard cash deposited in your account instantly... adding to your annual income!
Larry Potter
http://www.youtube.com/watch?v=lkJCsIMAiNY
www.ATicketToWealth.com
Tuesday, April 28, 2009
Web 3.0 strategies coming
Hey, it's Larry again,
Because you are one of the special people who visit my blog,
I am giving you advanced notice about
http://www.YOURSOCIALPROFITS.COM
You are not only being invited to a strategic coaching call,
rather, you are being invited to attend what we like to call
an IMPLEMENTATION session.
What exactly is an IMPLEMENTATION session, and how will you benefit from it?
Simply put, We are not only going to teach you the newest
strategies for success, but MORE IMPORTANT, we are going to
give you the tools you will need to immediately implement
these new strategies to help you:
Convert more SALES.
Spend less TIME on prospecting activities.
Save MONEY on advertising.
Help your team DUPLICATE your success with less EFFORT on your part.
Make more MONEY by attracting the masses that you've been chasing but not converting.
Register Now At:
http://www.YOURSOCIALPROFITS.COM
Larry Potter
847-872-4047
Because you are one of the special people who visit my blog,
I am giving you advanced notice about
http://www.YOURSOCIALPROFITS.COM
You are not only being invited to a strategic coaching call,
rather, you are being invited to attend what we like to call
an IMPLEMENTATION session.
What exactly is an IMPLEMENTATION session, and how will you benefit from it?
Simply put, We are not only going to teach you the newest
strategies for success, but MORE IMPORTANT, we are going to
give you the tools you will need to immediately implement
these new strategies to help you:
Convert more SALES.
Spend less TIME on prospecting activities.
Save MONEY on advertising.
Help your team DUPLICATE your success with less EFFORT on your part.
Make more MONEY by attracting the masses that you've been chasing but not converting.
Register Now At:
http://www.YOURSOCIALPROFITS.COM
Larry Potter
847-872-4047
Friday, April 24, 2009
Make Margin Trends Your Friends
By Andrew M. Gordon
When investigating companies to invest in, I look at several margins - gross, operating, pre-tax, and net profit margin. But I focus on operating margin. Operating margin is the difference between how much you make and how much you spend to operate the business. If the "making" is at least 15 percent higher than the "spending," I'm interested.
But there's something else I need to know...
Was the operating margin lower or higher last year? And the year before? And the year before that? I like to see margins on an upward trend. It could mean several things, like...
Strong and/or rising pricing power
A shortage of products (Think Harley-Davidson, which deliberately makes fewer bikes than they could sell.)
Technological leadership
A transition from lower-end to higher-end products
Rising productivity
The ability to effectively manage costs
It takes more homework to figure out what is driving higher margins, but all of the above possibilities are good. So with an operating margin on an upward trend, even without doing the homework, you already know the company is running its business from a position of strength.
Profit margins go to the core of what makes a business successful. If you want a reality check, consider retailers.
Many retailers sold more product than ever during the 2008 holiday season. But because they had to slash prices to get customers to buy, their margins were squeezed to the max. So while sales were up, profits were down. That's what happens when margins go in the wrong direction.
If you want to do the research yourself, the numbers are provided online by Reuters Finance. Just look up a specific company and click on "Ratios."
[Ed. Note: This June, investment expert Andrew Gordon is just one of 9 investment experts who will show you exactly how you can make a fortune in today's market. Find out how to get their top recommendations for making 2009 the best year ever for your portfolio right here.]
Larry Potter
http://www.youtube.com/watch?v=lkJCsIMAiNY
www.ATicketToWealth.com
When investigating companies to invest in, I look at several margins - gross, operating, pre-tax, and net profit margin. But I focus on operating margin. Operating margin is the difference between how much you make and how much you spend to operate the business. If the "making" is at least 15 percent higher than the "spending," I'm interested.
But there's something else I need to know...
Was the operating margin lower or higher last year? And the year before? And the year before that? I like to see margins on an upward trend. It could mean several things, like...
Strong and/or rising pricing power
A shortage of products (Think Harley-Davidson, which deliberately makes fewer bikes than they could sell.)
Technological leadership
A transition from lower-end to higher-end products
Rising productivity
The ability to effectively manage costs
It takes more homework to figure out what is driving higher margins, but all of the above possibilities are good. So with an operating margin on an upward trend, even without doing the homework, you already know the company is running its business from a position of strength.
Profit margins go to the core of what makes a business successful. If you want a reality check, consider retailers.
Many retailers sold more product than ever during the 2008 holiday season. But because they had to slash prices to get customers to buy, their margins were squeezed to the max. So while sales were up, profits were down. That's what happens when margins go in the wrong direction.
If you want to do the research yourself, the numbers are provided online by Reuters Finance. Just look up a specific company and click on "Ratios."
[Ed. Note: This June, investment expert Andrew Gordon is just one of 9 investment experts who will show you exactly how you can make a fortune in today's market. Find out how to get their top recommendations for making 2009 the best year ever for your portfolio right here.]
Larry Potter
http://www.youtube.com/watch?v=lkJCsIMAiNY
www.ATicketToWealth.com
Saturday, April 18, 2009
People who are Happy for No Reason surround themselves with support.
We catch the emotions of those around us just like we catch their colds. It's called emotional contagion. So it's important to make wise choices about the company you keep. Establish appropriate boundaries with emotional bullies and "happiness vampires" who suck the life out of you.
Develop your happiness "dream team" - a mastermind or support group you meet with regularly to keep you steadily on the happiness path."Happily ever after" isn't just for fairy tales or the lucky few. Imagine experiencing inner peace and well-being as the backdrop for everything else in your life.
When you're Happy for No Reason, it's not that your life always looks perfect - it's that however it looks, you're still happy! [Ed. Note: Marci Shimoff is the author of the New York Times bestseller Happy for No Reason: 7 Steps to Being Happy from the Inside Out, a revolutionary approach to experiencing deep and lasting happiness. As the woman's face of the Chicken Soup for the Soul series and a featured teacher in The Secret, Marci is an authority on success, happiness, and the law of attraction.
To order Happy for No Reason, newly released in paperback, and receive free bonus gifts, go to www.happyfornoreason.com/home.asp. One of the best ways to feel happy is to enjoy the work you do. What better way to create enjoyment in your work than to start your own business, based on something you love to do? Get all the details for getting a moneymaking Internet business up and running right here]
Larry Potter
http://www.youtube.com/watch?v=lkJCsIMAiNY
www.ATicketToWealth.com
Develop your happiness "dream team" - a mastermind or support group you meet with regularly to keep you steadily on the happiness path."Happily ever after" isn't just for fairy tales or the lucky few. Imagine experiencing inner peace and well-being as the backdrop for everything else in your life.
When you're Happy for No Reason, it's not that your life always looks perfect - it's that however it looks, you're still happy! [Ed. Note: Marci Shimoff is the author of the New York Times bestseller Happy for No Reason: 7 Steps to Being Happy from the Inside Out, a revolutionary approach to experiencing deep and lasting happiness. As the woman's face of the Chicken Soup for the Soul series and a featured teacher in The Secret, Marci is an authority on success, happiness, and the law of attraction.
To order Happy for No Reason, newly released in paperback, and receive free bonus gifts, go to www.happyfornoreason.com/home.asp. One of the best ways to feel happy is to enjoy the work you do. What better way to create enjoyment in your work than to start your own business, based on something you love to do? Get all the details for getting a moneymaking Internet business up and running right here]
Larry Potter
http://www.youtube.com/watch?v=lkJCsIMAiNY
www.ATicketToWealth.com
Monday, April 13, 2009
China Flexes its Muscles
Finance officials from Beijing in Moscow on Thursday held a videoconference to discuss the creation of a “supra-national reserve currency,” the latest evidence of the support China is getting from developing countries as it seeks to replace the U.S. dollar as the world's main reserve currency.
This controversial proposal – and the support that it's getting – also underscores China's continued emergence as a growing global force in both the financial and political arenas.
Larry Potter
http://budurl.com/nn8h
www.ATicketToWealth.com
Saturday, March 28, 2009
Dollar Could Be...
...Ready to Move Higher Again ...
Two pieces of recent economic data have me expecting more of the same risk-averse capital to be driving the U.S. dollar back higher soon:
Japan's exports plunged nearly 50 percent in February — an obvious sign global demand has come to a screeching halt. Tack on the slowdown in exports for the U.S., China, and Germany and you've painted a real ugly picture for the export side of the global economy.
U.S. fourth-quarter GDP sunk by 6.3 percent. This was more than had been expected. Perhaps it's a lagging indicator. But such a dramatic slowdown bodes ill for any bounce-back strength out of the U.S. consumer.
Larry Potter
www.ATicketToWealth.com
http://www.youtube.com/watch?v=ObVVfulxlBk
Two pieces of recent economic data have me expecting more of the same risk-averse capital to be driving the U.S. dollar back higher soon:
Japan's exports plunged nearly 50 percent in February — an obvious sign global demand has come to a screeching halt. Tack on the slowdown in exports for the U.S., China, and Germany and you've painted a real ugly picture for the export side of the global economy.
U.S. fourth-quarter GDP sunk by 6.3 percent. This was more than had been expected. Perhaps it's a lagging indicator. But such a dramatic slowdown bodes ill for any bounce-back strength out of the U.S. consumer.
Larry Potter
www.ATicketToWealth.com
http://www.youtube.com/watch?v=ObVVfulxlBk
Monday, December 8, 2008
Proof of Funds Letters!
As a Platinum Member of HSA, you are entitled to
use our Investor’s Private Funds.
Cost to use the funds is 1% plus $300
The fee is paid out of closing!
Which means Nothing is paid uprfront and there are No CREDIT checks!
Now as you may already know, Banks won’t consider your offer on
Short Sales or REO’s without a “Proof of Funds” Letter.
This is the part that stops most investors dead in their tracks…until now.
Here’s a 2 minute video on how to obtain and print out as many of your Proof of Funds Letters as you need:
Click Here for 2 Minute Video!
If you are not a Platinum member yet, visit us at:
http://www.FUNDSFORSHORTSALES.COM
and find out how you can be flipping short sales and
REO homes using NO CREDIT AND NO CASH!
Make sure you sign up for the FREE 30 Day Trial!
It’s time to think big…really BIG!
Larry Potter
Home Seller Assist
847-872-4047
Friday, December 5, 2008
When Will It Be Safe to Go Back in the Water?
By Rick Pendergraft
One question keeps coming up when I talk to my friends and family these days: "How will I know when it is safe to get back into the market?" There is one indicator that I am watching closely right now that I think will provide the answer: the mutual fund inflows and outflows.
Since late July, only one week has seen money flowing into equity mutual funds. All other weeks have seen outflows. The institutional money may be what everyone keeps an eye on, but individual investors control more money than most people think. Through retirement plans, more and more individuals have been invested in mutual funds, and right now these people are fleeing the market in droves.
My advice is to watch those mutual fund numbers. Once you see the outflows slow down, it will be safe to start buying stocks again. I wouldn't wait for the inflows to start ramping up, though. When it comes to timing the market, the herd is usually late to the party.
Do you have portfolios of non-performing assets...
...Mortgage, Auto, Installment Loans or Credit Card Debt...
Clear your books now....
...Our hedgefund is looking to buy your portfolios...
Contact Larry Potter Now...
847-872-4047
lpotter33@gmail.com
One question keeps coming up when I talk to my friends and family these days: "How will I know when it is safe to get back into the market?" There is one indicator that I am watching closely right now that I think will provide the answer: the mutual fund inflows and outflows.
Since late July, only one week has seen money flowing into equity mutual funds. All other weeks have seen outflows. The institutional money may be what everyone keeps an eye on, but individual investors control more money than most people think. Through retirement plans, more and more individuals have been invested in mutual funds, and right now these people are fleeing the market in droves.
My advice is to watch those mutual fund numbers. Once you see the outflows slow down, it will be safe to start buying stocks again. I wouldn't wait for the inflows to start ramping up, though. When it comes to timing the market, the herd is usually late to the party.
Do you have portfolios of non-performing assets...
...Mortgage, Auto, Installment Loans or Credit Card Debt...
Clear your books now....
...Our hedgefund is looking to buy your portfolios...
Contact Larry Potter Now...
847-872-4047
lpotter33@gmail.com
Tuesday, December 2, 2008
Better Get Rid of Non-Performing Assets Now
We Buy Non-Performing Assets
...We have billions to buy your non-performing assets...
Simply send a spreadsheet of your portfolio...
...Mortgage loans, car loans...
Credit card debt, installment loans....
...Our hedgefunds are looking to buy now...
Contact Larry Potter Now At lpotter33@gmail.com
Monday, November 10, 2008
Revealing Look Inside an Expert’s Real Estate Marketing System
Now you can get an inside view of the Platinum Levelback office without even being a member!
Just Tap Here and be prepared!
Tuesday, November 4, 2008
Next Wave of Bankruptcies
Banks have lost over $680 billion because of the huge wave of foreclosures that has hit the market over the past two years. And losses are beginning to ratchet up somewhere else, too: consumer credit card charge-offs.
Charge-offs are debts that a company deems "uncollectible." According to Moody's Investor Services, credit card charge-offs increased by 48 percent in August alone. And Moody's expects them to continue increasing into late next year.
6.82 percent of all credit card debt has now been written off. With unemployment rising and the economy falling into even more dire straits, the credit card charge-off rate is sure to skyrocket.
Which means that banks that have relied heavily on income from credit cards - like Capital One (COF) and American Express (AXP) - are sure to see bigger losses.
Charge-offs are debts that a company deems "uncollectible." According to Moody's Investor Services, credit card charge-offs increased by 48 percent in August alone. And Moody's expects them to continue increasing into late next year.
6.82 percent of all credit card debt has now been written off. With unemployment rising and the economy falling into even more dire straits, the credit card charge-off rate is sure to skyrocket.
Which means that banks that have relied heavily on income from credit cards - like Capital One (COF) and American Express (AXP) - are sure to see bigger losses.
Saturday, October 25, 2008
Time to Short Airlines as OPEC Cuts Crude Output
I’ve been watching in bewilderment at how much airline stocks such as UAUA, AMR, DAL, LCC, and RJET have have rallied without any real profit taking to set in yet. I shorted RJET a few times mostly for profits as I’m looking to catch this on the down side once people start taking there profits. And it's not a matter of if this will happen, it's when. With every huge sector rally, there's always a point when it peaks and retraces a significant amount before it continues going up, levels, or continues to fall.
OPEC scheduled an emergency meeting for Friday, October 24th, and is expected to cut crude oil output by an unknown amount. Demand for oil has been on the decline which has led to oil dropping around 55% from its peak near 150. Falling oil prices has meant increased profits for airlines, which is why the airline sector has been skyrocketing. Yet with rumors of the OPEC cut, hugely overbought conditions, and airline stocks losing momentum, this seems like it could be the beginning of a good time to catch airline stocks on a downside move, at least in the short term.
I’ve been trying to go short in several of them, yet shares have been hard to borrow. I managed to borrow some shares of RJET at 12.43 on Wednesday and alerted Black Service Members to go short. UAUA was also another very appealing airline stock and fell as far as 20% Thursday during the session, yet I wasn’t able to get any shares to short.
Fast Funds For Short Sales - No Credit Needed
We have now introduced our newest program that provides you with Private Funds
to use for Flipping Short Sale Transactions. This is available in all 50 states
and your credit is no concern to them.
You line up a prequalified buyer to purchase from you and our Investor can provide
you with the Proof of Funds and the Cash to buy the short sale from the Bank.
Cost of Funds is 1% plus $300 flat fee, all paid from your profits at closing.
Example:
You buy a home worth $200,000 in a short sale for $100,000 and resale for $150,000.
You keep $50,000 minus 1% (1,000+$300 flat fee).
... http://www.FundsForShortSales.com
OPEC scheduled an emergency meeting for Friday, October 24th, and is expected to cut crude oil output by an unknown amount. Demand for oil has been on the decline which has led to oil dropping around 55% from its peak near 150. Falling oil prices has meant increased profits for airlines, which is why the airline sector has been skyrocketing. Yet with rumors of the OPEC cut, hugely overbought conditions, and airline stocks losing momentum, this seems like it could be the beginning of a good time to catch airline stocks on a downside move, at least in the short term.
I’ve been trying to go short in several of them, yet shares have been hard to borrow. I managed to borrow some shares of RJET at 12.43 on Wednesday and alerted Black Service Members to go short. UAUA was also another very appealing airline stock and fell as far as 20% Thursday during the session, yet I wasn’t able to get any shares to short.
Fast Funds For Short Sales - No Credit Needed
We have now introduced our newest program that provides you with Private Funds
to use for Flipping Short Sale Transactions. This is available in all 50 states
and your credit is no concern to them.
You line up a prequalified buyer to purchase from you and our Investor can provide
you with the Proof of Funds and the Cash to buy the short sale from the Bank.
Cost of Funds is 1% plus $300 flat fee, all paid from your profits at closing.
Example:
You buy a home worth $200,000 in a short sale for $100,000 and resale for $150,000.
You keep $50,000 minus 1% (1,000+$300 flat fee).
... http://www.FundsForShortSales.com
Thursday, October 23, 2008
WHEN WILL THE SELL-OFF END?
For the second-straight day, stocks plunged Wednesday as concerns about a worldwide recession and futures earnings from some of the global giants made headlines.
The fear of recession spread from stocks to other markets, as hard assets like gold and other commodities sold off. Energy, financial and materials led the decline and all 10 economic sectors posted losses ranging from negative 10.4% (energy) to negative 3.8% (consumer staples).
The losses occurred despite impressive earnings gains by some of the great global names: Apple (AAPL), McDonald’s (MCD), Merck (MRK), and Phillip Morris International (PM) all beat estimates. But Apple was the only one that closed higher, at $96.57, up $5.08.
Yahoo (YHOO) reported earnings after the close on Tuesday, beating estimates by a penny and announcing a 10% cut in its workforce. Yesterday, YHOO rose 32 cents to $12.39.
But the losses Wednesday weren’t primarily due to past earnings but to future earnings, as the overwhelming majority of companies have said that Q4 2008 and at least the first half of 2009 look much slower.
So now is the time to develop alternate sources of
income before you need it. I suggest you attend the
Tues and Wed webcasts at 8pm Eastern to see how you
can start to insure your future with very little
cost. Register now at http://www.fastbuyerloans.com
and get your free ebook.
Larry Potter
847-872-4047
"I can accept FAILURE, but I can't accept NOT TRYING."
The fear of recession spread from stocks to other markets, as hard assets like gold and other commodities sold off. Energy, financial and materials led the decline and all 10 economic sectors posted losses ranging from negative 10.4% (energy) to negative 3.8% (consumer staples).
The losses occurred despite impressive earnings gains by some of the great global names: Apple (AAPL), McDonald’s (MCD), Merck (MRK), and Phillip Morris International (PM) all beat estimates. But Apple was the only one that closed higher, at $96.57, up $5.08.
Yahoo (YHOO) reported earnings after the close on Tuesday, beating estimates by a penny and announcing a 10% cut in its workforce. Yesterday, YHOO rose 32 cents to $12.39.
But the losses Wednesday weren’t primarily due to past earnings but to future earnings, as the overwhelming majority of companies have said that Q4 2008 and at least the first half of 2009 look much slower.
So now is the time to develop alternate sources of
income before you need it. I suggest you attend the
Tues and Wed webcasts at 8pm Eastern to see how you
can start to insure your future with very little
cost. Register now at http://www.fastbuyerloans.com
and get your free ebook.
Larry Potter
847-872-4047
"I can accept FAILURE, but I can't accept NOT TRYING."
Monday, October 20, 2008
3 Billion Served
Trading volume can be used as an indicator of changes in the market. Volume can tell you if a trend is likely to continue... or if it has run its course.
During the week of October 6-10, we saw several things we had never seen before. For one thing, the volume on the New York Stock Exchange reached 11 billion shares in a single day. A new record. Plus, the Spyders - the ETF that tracks the S&P 500 - saw over 800 million shares trade in a single day, and the weekly volume for the Spyders reached an incredible three billion shares. Those were both records.
You might also note that the week of October 6-10 saw the worst drop in the history of the U.S. stock market. That huge drop, coupled with the record volume, could indicate a capitulation point for the market - when everyone gives up and sells their stock. The second week of October could have been just that, the surrender of the bulls.
I would not recommend diving headfirst back into the market. There are going to be numerous layers of resistance to cut through. This market is best played cautiously. Lower your allocations and keep some cash on the sidelines. If, indeed, this turns out to be a bottom and a new bull market starts from here, there will be plenty of time to get back in.
By Rick Pendergraft
Man Crosses The $22000 Level In Profits Since June 23, 2008...
...Receives $500 - $3000...
For just sending people to one site...
...Sounds crazy...
But it's true....
...Learn How...
Before it's too late....
...Go Here Now...
http://www.fastbuyerloans.com
During the week of October 6-10, we saw several things we had never seen before. For one thing, the volume on the New York Stock Exchange reached 11 billion shares in a single day. A new record. Plus, the Spyders - the ETF that tracks the S&P 500 - saw over 800 million shares trade in a single day, and the weekly volume for the Spyders reached an incredible three billion shares. Those were both records.
You might also note that the week of October 6-10 saw the worst drop in the history of the U.S. stock market. That huge drop, coupled with the record volume, could indicate a capitulation point for the market - when everyone gives up and sells their stock. The second week of October could have been just that, the surrender of the bulls.
I would not recommend diving headfirst back into the market. There are going to be numerous layers of resistance to cut through. This market is best played cautiously. Lower your allocations and keep some cash on the sidelines. If, indeed, this turns out to be a bottom and a new bull market starts from here, there will be plenty of time to get back in.
By Rick Pendergraft
Man Crosses The $22000 Level In Profits Since June 23, 2008...
...Receives $500 - $3000...
For just sending people to one site...
...Sounds crazy...
But it's true....
...Learn How...
Before it's too late....
...Go Here Now...
http://www.fastbuyerloans.com
Saturday, September 27, 2008
3 things are crystal clear:
1. The U.S. credit engine is already melting down. In fact, just this week, the all-important market for short-term commercial paper has come to a virtual standstill. This is precisely the market we warned you about. Now it's collapsing. And if this pattern continues, it's likely to drive many corporations that depend on this instant cash into instant bankruptcy.
2. Although a massive federal bailout might help rally the stock market temporarily, it is not — and will not — reverse the credit meltdown.
3. Quite to the contrary, fear is now spreading throughout the banking industry, driving many Americans to pull their money out of the financial system entirely. Yes, it makes sense to shift from weak to strong institutions, and that's rational. But the behavior we're beginning to witness is both irrational and dangerous.
Monday, August 25, 2008
New Webinar Times for Home Seller Assist program with John Alexander
Don't forget, we have a live presentation each Tues
and Wed followed by a Q&A session.
Tue Night: 8:00 CST Seller Call (www.webuyfastnow.com) attend this if you have a property to sell or buy
Tue Night: 9:30 CST Business Overview (www.fastsellerloans.com) attend this if you want to make a 1% on any loan that funds - my profits since June 23rd are just over $17,000
Wed Night: 8:00 CST Seller Call (www.webuyfastnow.com) attend this if you have a property to sell or buy
Wed Night: 9:30 CST HSA Training Call & Q/A Session (www.fastsellerloans.com)
using the info in our training, I have made over $17,000 since June 23rd
and Wed followed by a Q&A session.
Tue Night: 8:00 CST Seller Call (www.webuyfastnow.com) attend this if you have a property to sell or buy
Tue Night: 9:30 CST Business Overview (www.fastsellerloans.com) attend this if you want to make a 1% on any loan that funds - my profits since June 23rd are just over $17,000
Wed Night: 8:00 CST Seller Call (www.webuyfastnow.com) attend this if you have a property to sell or buy
Wed Night: 9:30 CST HSA Training Call & Q/A Session (www.fastsellerloans.com)
using the info in our training, I have made over $17,000 since June 23rd
Subscribe to:
Posts (Atom)
