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 343
Posted: February 7th, 2011 | 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
Bill Chippas
Charles Moskowitz
February 7, 2011; 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
We are considering a texting service to improve timing on trades Let us know if you are interested
New Stock Recommendations
We bought the Jones Soda and the MHI Hospitality Corporation, MDH last week. The stop loss on jones Soda is $ 1.14, not $ 1.28 as previously reported. Buy the UGA Unleaded Gas ETF at 41.22. Buy the DZZ reverse gold ETF at 8.58 expecting resistance on gold at slightly higher levels. Buy Weikang Bio-Technology Group ( WKBT ) at $ 3.00; risk $ 1.00. Buy Clean Diesel Technologies, Inc ( CDTI ) at $ 7.50 or better. We will us the opening price for calculations if it is below $ 7.50. Use stop protection at $ 6.08.
The MHI Hospitality Corporation a hotel/motel REIT, has spent the past year and a half between $1.75 and $3.50 and has recently broken out of a 7 month base.
Fundamentally, the more favorable business outlook should play into this market very well. The Company owns over 2000 rooms in upper-level hotels (Hilton / Doubletree) and although they are heavily leveraged, they sell at a 40% discount to book while their competitors are valued at 1.4 to 1.6 times book, and price to sales of .3 or less than half the industry average. The Company faces the challenge of a refinancing debt shortly, but a favorable outcome should eliminate the current discounted value. Should they reinstate the dividend, I would expect a move of 150-250 %.