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 305
Posted: May 9th, 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
May 10, 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
Huge Profits Last Week well beyond Expectations
New Stock Recommendations
TBT- Short Long Bond ETF- 41.32- we were stopped out of this ETF but we will try again. It goes up when the long bond goes down (higher interest rates). The Greek crisis has led to a rush into bonds and they are now extremely overbought so should pullback. This crisis will end or at least subside. Place a stop at 39 and take half profits at 45.
FXI- China Top 25 Shares ETF – 38.24- Chinese stocks have dropped sharply the past several months so are due for a bounce. We will try to play this bounce with this ETF. Take half profits at 40. Place a stop at 36.
Issue 304
Posted: May 3rd, 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
May 3, 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
After two months of straight up activity the markets finally succumbed to a batch of mediocre reports Friday as the recent high prices for stocks became suspect.
In addition, Standard and Poors downgraded three countries’ sovereign debt ratings, including Greece’s to junk. Spain’s debt was cut from AA+ to AA, while Portugal’s was cut to A- from A. The dollar rallied a bit and stocks crashed.
Earnings were still positive with 130 companies beating earnings estimates out of the 170 reporting.
Nasdaq led the decline falling a full 100 points from the high led by names such as Apple ( APPL:
$ 261.09 ) – 7.55; Microsoft ( MSFT: $ 30.54 -0.46 ); Google ( GOOG: $ 525.70 ) – 6.30; Cisco
( CSCO: 26.93 ) – 0.60; Oracle( ORCL: 25.87 _ – 0.10 and Intel ( INTC: 22.84 ) -0.65.
All ten members of the Dow Industrial Groups were lower led by Financials dropping 3.75% and then Technology and Basic Materials, both off 3.30%; Oil and Gas was off 3.23% even though crude prices were higher on the week. Consumer Services fell 2.58% followed by both Industrials and Consumer Goods down 2.11%; Health Care fell again for the fourth consecutive week 1.19% followed by Telecommunications -0.78% and Utilities down the least -0.69%.
Treasuries had a huge week taking the $ 178 Bln auctions like there was nothing else to buy and ending the week much higher with yields lower. Stock market bears will be hard pressed to get downside results with interest rates remaining at some of the lowest levels ever.
The huge British Petroleum oil spill in the Gulf of Mexico is creating possible economic devastation to livelihoods from Louisiana to Florida. This all began as an oil-rig explosion that may have dire consequences if the coast guards is unable to burn it off. Much controversy in Washington has been stirred. Apparently all forty Republican Senators now favor electric vehicles. Leo ( LEOM ) is profitable and has an excellent drive train.