About Our Newsletter
Weekly Market Strategies is a weekly on-line market letter commenting on the economy, economic indicators and the fundamental and technical aspects of the stock market.
Technical indicators and cycles are used to analyze the stock market and to predict the expected direction of the market during the next week and also the next few weeks and months.
We accurately predicted weeks in advance the October 2007 top and warned our subscribers about the coming sell-off. We recommended the purchase of put options to protect one’s portfolio. We also accurately predicted months in advance that the market would bottom late February/early March 2009 (actual date was March 9).
We also predicted in advance most of the tops and bottoms in the market during the past two years. Our past predictions can be found in our past news letters located in the past news letter file.
Issue 299
Posted: March 29th, 2010 | Author: WMS
Market Strategies
Covering Investing Success Strategies For
Stocks – Bonds – Interest Rates – Natural Resources – Currencies – Venture Capital – Gold
A Publication of Princeton Research, Inc. (www.PrincetonResearch.com)
Contributing Staff: Michael King and Dr. Jan Vandersande
March 30, 2010; Market Strategies Guide To Successful Trading
We give great entries
Trading Options are a timely event, Since we can only report weekly, Your Own
Money Management on Options Trading may be more timely to Take your Profits/Losses
Stock Option Recommendations
New Recommendations
IYR- Real Estate ETF- 50.11- rallied from 42 to 51 in a month and appears to have formed a small top formation. Should now pullback. Buy the IYR May 51 Put- 2.35- for a move back to 48 and then lower. Place a stop loss on the option when the ETF closes above 53. Take half profits when the ETF is at 48.
ENZ- Enzo Biochem- 6.24- has formed a large 5 month bottom formation and a close over 6.40 would be a breakout. The Company won a patent infringement law suit (in the appeals court) on Friday so could have a good move. Buy the ENZ July 7 1/2 Call- 0.40- for a move back to 7 1/2 and then higher. Place a stop loss on the option when the stock closes below 5. Take half profits when the stock is at 7.50.
Option Comments
The rally last week resulted in three of our Put Options ( DIA, DECK and ANF ) being stopped out.
Issue 298
Posted: March 22nd, 2010 | Author: WMS
Market Strategies
Covering Investing Success Strategies For
Stocks – Bonds – Interest Rates – Natural Resources – Currencies – Venture Capital – Gold
A Publication of Princeton Research, Inc. (www.PrincetonResearch.com)
Contributing Staff: Michael King and Dr. Jan Vandersande
March 22, 2010; Market Strategies Guide To Successful Trading
We give great entries
Trading Options are a timely event , Since we can only report weekly, Your Own
Money Management on Options Trading may be more timely to Take your Profits/Losses
FUNDAMENTAL NEWS
All the major indexes with the exception of the Russell posted gains for the week to the highest levels in more than a year. The fed had the major impact as it maintained its present course of low interest rates amidst a favorable policy statement for the economy. Earnings were also good but some of the weeks’ advances were given up Friday. Chairman Bernanke was also spotlighted in the news before the House Financial Services committee which appears to favor giving more power to the fed.
The Dow continued in the record books rising for the eighth day albeit on light volume, only to succumb on the ninth day to a high volume collapse. The times we are experiencing are the most calamitous in eight or nine decades with problems which no one can understand. Professional investors without a clue are arguing whether it is because of Quadruple Witching or the pending passing of a Health Care Bill.
The key in trading is whether you want to EAT well or SLEEP well. You can’t easily do both. In trading the stock market your emotions work against you. Your emotions are your worst enemy. The stock market, in its diabolical way, is always tempting you to do the wrong thing. You must be immune to the talk, the advice and the tips. You must learn to “read” the stock market, to learn the secret language of the stock market. Joe Granville, advises, “When you watch CNBC, turn off the sound. In that way, you won’t be influenced” by the ongoing and usually self-serving paid for bullish or bearish blather.
Nine of the ten Dow Industrial Groups were higher led by Telecommunications, up 2.17% followed by Industrials + 1.83% and then Oil and Gas, up 1.59%. Consumer Goods was fourth best gaining 1.48% and Health Care added 1.41%. Financials continued their winning ways although up only 1.33% followed by Utilities recovering from low usage due to bad weather, up 1.15%. Consumer Services was up 0.91% and technology barely up just 0.21%, while Basic Materials the big winner early in the month was the only group to post losses, down 0.63%.
Issue 297
Posted: March 15th, 2010 | Author: WMS
Market Strategies
Covering Investing Success Strategies For
Stocks – Bonds – Interest Rates – Natural Resources – Currencies – Venture Capital – Gold
A Publication of Princeton Research, Inc. (www.PrincetonResearch.com)
Contributing Staff: Michael King and Dr. Jan Vandersande
March 15, 2010; Market Strategies Guide To Successful Trading
We give great entries
Trading Options are a timely event , Since we can only report weekly, Your Own
Money Management on Options Trading may be more timely to Take your Profits/Losses
FUNDAMENTAL NEWS
The Dow Industrials is up 8 straight days, rising almost 5 percent during that period. According to Birinyi Associates, it’s just the 3rd time since 2000 the Dow has seen an 8-day winning streak.
Roubini vs Berinyi Who will be right? Laszlo Birinyi says the rebound in this economy will be stronger than most people expect. His forecast is based on the recent rally of the S&P 500 Index. He says,” The markets are suggesting that the economy has turned the corner and is going to do a lot better than most people anticipate.” Last May he said the S&P 500 would reach 1700 in the next two-three years.
Muriel Roubini, the now famous New York University professor says that the odds have increased the economy will worsen. “ There are risks associated with the exit strategies from the massive monetary and fiscal easing. Policy makers are damned if they do and damned if they don’t.” Roubini also says the recession will be formally over by year-end.
The rally last week was anemic failing to make new Dow and S&P highs, a diversion from the surge found in the Dow Transportation, Russell and Nasdaq indexes.. Nonetheless, bulls held the upper hand not letting it get away from them.
Seven of the Dow Industrial Groups were up on the week led by Financials, + 2.66%. Telecommunications was next up 2.64% and Technology gaining 1.71%; Industrials rose 1.56% and then Consumer Services 1.19%; Oil and Gas gained 0.69% and Basic Materials 0.57%. Last week Basic Materials blew out the lights gaining 6.44%, which makes just about a 10% gain over the past three weeks. The remaining three groups were weak: Utilities –0.06%; Health Care -0.10% and Consumer Goods -0.12% were all down slightly.