May 24, 2009
- The Rally Is Rolling Over, Test of 50 Day Moving Averages Likely
I’ll keep it brief and to the point in this shortened Memorial Day weekend edition of the weekly market review/preview. The market appears ready to roll over with the indices possibly confirming a double top formation in the coming days. Take a look at the Nasdaq and S&P, both of which nearly retested the May [...]
More on this topic (What's this?)S&P Dividend Aristocrats under performing S&P 500 in 1Q 2009 (Dividend Growth Investor, 4/2/09)Market In Denial Phase Of Sentiment Cycle (Disciplined Approach to Investing, 3/9/10)Dividend Stocks to Avoid (Dividend Growth Investor, 4/21/09)S&P 500: Day by day analysis. (Emerging Index, 4/6/09)
April 19, 2009
- Rally Shows a 2nd Crack, S&P Has Trouble At 875 But Bulls Remains In Control
Everyone wants to know.. how long can the rally last. It’s the same question that was being asked on the other side just one month ago. How low can we go and for how long? The market always seems to remain irrational longer than you think it will and that has certainly played out over [...]
More on this topic (What's this?)S&P Dividend Aristocrats under performing S&P 500 in 1Q 2009 (Dividend Growth Investor, 4/2/09)Dividend Stocks to Avoid (Dividend Growth Investor, 4/21/09)S&P 500: Day by day analysis. (Emerging Index, 4/6/09)S&P 500: Short term overbought (Emerging Index, 3/29/09)
April 16, 2009
- China’s Economy Still Robust, But Concerns Remain
China’s economy remains very strong chugging along with 6.1% GDP growth in the 1st quarter, but dropped from the 6.8% growth in the 4th quarter 08. It’s hard to believe that 6.1% is the weakest quarterly growth since quarterly numbers were tracked beginning in 1992. It certainly indicates the staggering growth of China’s economy [...]
More on this topic (What's this?)Capitalize on China’s Growth with these dividend stocks (Dividend Growth Investor, 3/10/10)Jim Chanos Is Wrong About Investing in China (Investment U, 3/3/10)Thinking the Unthinkable: What if China Devalues the Renminbi? (naked capitalism, 2/18/10)China Cuts Purchases of Treasuries and Foreign Bonds (naked capitalism, 4/13/09)
March 15, 2009
- This Dead Cat Has Legs, But Big Resistance Looms
Well, the much anticipated relief rally finally arrived last week with the S&P vaulting more than 13% off oversold conditions. The rally was a bit deceptive with no real spike in fear or capitulation accompanying the move, but remember that capitulation doesn’t necessarily need to occur to mark a bottom… and that’s not to say [...]
More on this topic (What's this?)S&P Dividend Aristocrats under performing S&P 500 in 1Q 2009 (Dividend Growth Investor, 4/2/09)S&P 500: Short term overbought (Emerging Index, 3/29/09)Using DRIPs for faster compounding of dividends (Dividend Growth Investor, 3/25/09)S&P 500: Day by day analysis. (Emerging Index, 4/6/09)
March 1, 2009
- Mr Market Gives Thumbs Down to Obama’s Big Goverment Budget, Dow Likely To Test 6500
I have to admit I was turning a bit optimistic there in the middle of the week when the market rallied on the Bernanke testimony, indicating the government wasn’t interested in wiping out Citi shareholders (although at $1.50 that’s essentially what’s happened) and that he was optimistic of a recovery in the economy within a [...]
More on this topic (What's this?)Obama Plans to Talk Even Tougher (naked capitalism, 1/19/10)“President Obama: It’s Not Just the Words!” (naked capitalism, 1/21/10)Obama's 2011 Budget - Business Tax Cuts, Making Work Pay Extension, Social Security Payment, Pell... (Saving to Invest, 2/1/10)Too Much Hope and Audacity: Obama’s Budget is Worse than You Thought (Jutia Group, 3/8/10)
February 4, 2009
- Dry Bulk Shipping Stocks Breaking Out
A big move out of the dry bulk shipping stocks today with several breaking out of consolidations with heavy volume. Excel Maritime (EXM) reclaimed support of its 50 day moving average in a big way. The dry bulk shippers have been on a wild ride over the past year and a half, many plummeting 80 [...]
More on this topic (What's this?)Baltic Indices up for week ending 2/20/09 (The Shipping Stocks Blog, 2/21/09)Bookkeeping: Buying Excel Maritime (EXM) (Fund my Mutual Fund, 2/24/09)Opportunity in the Dry Bulk Shipping Stocks (The Simplified Investor, 11/24/08)Bookkeeping: Cutting some Excel Maritime (EXM) (Fund my Mutual Fund, 3/24/09)
