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 308
Posted: May 31st, 2010 | Author: Michael King and Dr. Jan Vandersande
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
June 1, 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
Index Option Recommendations (count for $2500 in our model portfolio)
We bought the DOW June 100 call at the open last Monday at 4.05 to play the expected rally. We are holding this option with a small loss. Take half profits at DOW 10,400 and place a stop at 9,900 on a closing basis.
We will look to buy puts on any further rally into our cycle high expected early-June to play the subsequent selloff.
For investors it has continually been recommended that some puts are held to protect one’s portfolio (portfolio insurance) against sharp market sell-offs exactly as we had early last week. For those who have no put options to protect your portfolio we recommended the following options, especially on any rally: the DOW (DIA) July 104 put and the QQQQ July 46 put.
For those of you who do not buy puts to protect your portfolio, there is an ETF that is the inverse of the DOW. The symbol is DOG and goes up when the DOW goes down and down when the DOW goes up.
Issue 307
Posted: May 24th, 2010 | Author: Michael King and Dr. Jan Vandersande
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
May 24, 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
New Stock Recommendations
LEI- Lucas Energy- 1.59- we are long a half position in this stock already but we will add another half position to play a bounce back to the 2 area. Place a stop at 1.20 and take profits at 2.20.
FUNDAMENTAL NEWS
The markets do what they want to do and then we all search for reasons why it happened.
All ten Dow Industrial groups were down sharply led by Industrials off a whopping 5.71% for the week. Basic Materials lost 5.70%; Oil and Gas fell 5.59% It could have been worse as they were off much more intra-day Thursday, but came back substantially off the lows. Even Utilities fell 4.9% and then Technology 4.57% followed by Health Care, off 4.15% and then Financials 4.09%.
Consumer Services fell 3.50% and Consumer Goods 3.29%. Telecommunications was off the least, losing 2.31%.
Stocks were further hindered by plummeting below their noteworthy 200-day moving averages, which occurred in the big three, the Nasdaq composite ( 2225 ), Dow Industrials ( 10,252 ) and S&P 500 ( 1105 ). The Dow and S&P both had a ‘ key reversal day but still closed below the mark, while the Composite closed just above. Both the DJ 20 Transportation Average and the Russell 2000 fell to their 200-day moving averages but bounced hard ending well above them.,
Oil in general is hampered by a sudden avalanche of supply at key delivery points not the least of which is Cushing, Oklahoma. Cash Prices have plummeted from a high of $ 87 to a ‘panic’ low even below $ 65 ( intraday Thursday ) in a matter of two weeks. Many oil stocks including EOG Resources, Inc ( EOG: $ 100.59 ) + $ 4.30 on the day Friday, but down $ 5.50 for the week, closed $ 7.31 above the low for the day. Lucas ( LEI: $ 1.59 ) fell from $ 1.98 where it closed last week to $ 1.20 low, but rebounded to $ 1.59. Both stocks are well above their 200-day moving averages.
The Euro got much of the blame for the huge price swings for both commodities and equities. The Euro began the week at $ 1.23, fell to a four-year low of $ 1.2144 before rebounding to $ 1.2672 and finally settling at $ 1.2574. The recovery in the euro was due partly to short-covering but largely due to Central Bank Intervention to help renew confidence. Equities remain in lock-step with the dollar.
Australian Mining companies will have to dig deep to pay the new 40% profits tax following the government announcing such plans. Both the Aussie dollar and Australian owned mining companies plummeted in anticipation of and after the news. Stock traders are anticipating something similar in America to help pay down the deficit.
Issue 306
Posted: May 17th, 2010 | Author: Michael King and Dr. Jan Vandersande
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
May 17, 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 markets do what they want to do and then the analyzers search for reasons why it happened.
All ten Dow Industrial groups were higher led by Industrials up 3.90%, followed by Technology plus 3.74% and then Utilities up 3.04% and Basic Materials which last week were off over 9%, gained back 3%. Consumer Services gained 2.55% and Consumer Goods 2.42%. Telecommunications gained 2.34% and OIL and Gas 1.79%. Financials were up 1.76%; Health Care was last up 1.04%.
Oil stocks were buoyant upon news that President Obama was lifting off-shore drilling restrictions. However, now with the latest BP oil disaster, psychology has changed and the many oil stocks that participated in the rally including British Petroleum ( BP: $ 46.87 ) which reached $ 60.98 on April 15th.Apache Oil ( APA: $ 94.28 ) reached $ 109.49 and Schlumberger ( SLB: $ 64.88 ) reached $ 73.99. Anadarko ( APC: $ 57) was up to $ 75. Oil companies that are not drilling off shore such as EOG ( EOG: $ 106 ) and Lucas ( LEI: $ 1.99 ) have had only minimal declines. Additionally, they are in the prolific Eagleford Shale area in Southern Texas which should now get a lot more attention when buying interest returns to the complex..
Oil in general is hampered by a sudden avalanche of supply at key delivery points. Cash Prices have plummeted from $ 87 to below $ 73 in a matter of a few days.
Australian Mining companies will have to dig deep to pay the new 40% profits tax following the government announcing such plans. Australian owned mining companies plummeted in anticipation of and after the news. Stock traders are fearing something similar here to help pay down the deficit.