Written by d_walter on August 26, 2010 – 12:05
Some facts to mull over:
American Association of Individual Investors sentiment survey =20% bulls this week.
Very negative pessimism by investors = positive outlook for the markets going forward.
Six month period leading up to mid cycle elections have on average been down since 1930.
Six month period after mid cycle elections since 1950 have not been down once [...]
Written by d_walter on August 23, 2010 – 07:13
If you do, then things are starting to look up.
See the following:
http://www.nytimes.com/2010/08/23/business/economy/23decline.html?_r=1&hp
http://www.businessinsider.com/yep-investors-have-panicked-for-three-straight-months-2010-8
Numerous articles from the media have been highlighting the sorry state of affairs in the economy, housing markets, and stock markets.
Looking back at history, this should be a time to start getting optimistic.
Written by d_walter on August 20, 2010 – 12:47
We’re seeing low volume and not much doing other than some volatile days both up and down. With the negative news coming out of the economy on the unemployment front and housing, I believe we currently have both a floor and ceiling on stock prices. A floor because of easy monetary policy and [...]
Written by d_walter on August 11, 2010 – 20:13
We’re seeing increasing volatility in the markets with fear coming back almost instantaneously. The Federal Reserve announced their latest round of easy money on Tuesday and this was initially viewed as a positive by market participants. However, the mood quickly changed today as Asian and European markets tanked overnite.
Nothing has changed in my view, but I always keep an [...]
Written by d_walter on August 2, 2010 – 20:41
There seems to be much confusion regarding the nature of this latest market advance. While the economic news continues to stay bad or even get worse, the equity markets ignore reality and continue on their merry way up. Are the equity markets doing what theory says they usual do and that is to predict reality [...]
Written by d_walter on July 30, 2010 – 07:50
We bottomed out at the end of June and since the markets have rebounded nicely. I’m bullish through the end of the year primarily because of the “easy money” policy of the Federal Reserve. The economy has slowed, but at the same time corporate America is reporting increasing profits and there seems to [...]
Written by d_walter on July 9, 2010 – 09:55
The markets reached extreme oversold levels last and now we’ve had a pretty decent rebound. The question of course, is this the beginning of a new up leg in the bull market or is it just another fake out in a new bear market. The prior I think. However, we won’t know [...]
Written by d_walter on July 1, 2010 – 08:51
The correlation between the strength or weakness of global markets and the Euro has been well documented. Throughout this market correction since the end of April, the Euro has been heading down. Over the last couple of weeks, it has found support and it now appears to be breaking upwards through the levels [...]
Written by d_walter on June 30, 2010 – 03:04
From the Citi strategy group:
http://www.reallibertymedia.com/content/citi-weve-gone-panic-complacency-and-now-were-back-all-way-panic
No one knows the future, but the odds of a market rebound keep getting stronger.
As I keep repeating, buying markets when there’s rampant fear is usually a better long-term winning strategy than buying when everyone’s fat and happy.
Written by d_walter on June 29, 2010 – 08:15
If not, then it’s close. Markets turn at the point of greatest fear or greed. Whether this is that point is unknown right now.
Some positive signs include some of the leaders like Caterpillar, IBM, Apple and others having bottomed in May and making higher high prices and higher low prices since even though [...]
Don't follow the crowd.
