Issue 318

Posted: August 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

August 9, 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

Economic numbers continued weak, however, the markets continued to be supported by a weak dollar and the hope that the Fed can reverse the effects of deflation through increasing the monetary base. In his most recent testimony before Congress, the Fed Chairman Ben Bernanke stated the economic outlook was “ unusually uncertain.” Since these remarks, the greenback has plummeted going from a high of 88.71 June 7th to 80.34 and even slightly below the 200 day moving average.

Health care led all ten Dow Industrial Groups last week rising 4.10%. Oil and Gas was next up 3.35% and Basic Materials gained 2.51%. Utilities were next gaining 2.04% followed by Telecommunications plus 1.61%.Industrials were up 1.57% and Technology 1.56%; Consumer Services rose 1.24% followed by Consumer Goods, up 1.11% and then Financials last up 0.37% in what was a modest up week with all ten Dow Indexes slightly higher.

The elevated unemployment rate has many observers urging the adoption of deflation-fighting tactics a strategy for trying to avoid the deflationary type economy, similar to that of Japan, by pumping more liquidity into the financial system.

CONTACT

Please Direct All Inquires To:

Mike King
Princeton Research
3887 Pacific Street, Las Vegas, Nevada 89121

Phone: (702) 650-3000
Fax: (702) 697-8944
mike@princetonresearch.com
www.PrincetonResearch.com