Putting Your Cash To Use: Be A Gold Bug And Clear Debts
Japan’s economy contracted at its quickest pace in 35 years and G7 finance ministers warned the global slump will drag on through 2009. Europe’s services and manufacturing also shrank at record pace while Eastern Europe, once among the world’s fastest growing region, is staring at a severe economic shakeout.
I read this fascinating study by Barclays Bank this morning on how the performance of the Dow in the month of January can set the tone for trading throughout the year. In the first month of 2009, the Dow Jones Industrial Average fell 12 percent. According to Barclay’s study...
The current price pattern in the S&P, spike in VIX and spike in the long bond set up a short term bullish scenario for the S&P if tomorrow February 19th if the S&P futures open below 770. This pattern has occurred 52 times and 51 of the trades have been wins when using the below entry and exit criteria.
Ten Dividend Stocks With 50+ Years of Consecutive Increases
Apparently the market does not like the stimulus package. It was certainly not a “Turnaround Tuesday.” The one saving grace is that the market decline occurred on lower volume. However, when heading downward, volume is not as significant an indicator as when the market is heading higher. So, even this market positive loses some of its luster.