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 By Prieur du Plessis, on July 8th, 2009 posted in: Investment, Markets, Money  2 people had their say - chime in!
“There will be short-term trading opportunities that present themselves during the remainder of the summer and into the fall; however, we don’t see any directional bull trend re-establishing itself before some kind of retest sequenc,” said Kevin Lane in this short technical update.. [...] More on this topic (What's this?) S&P: CIT Group May Receive Debt Guarantee (The Value at Risk, 7/13/09) S&P500 Update: Head & Shoulder Top Emerges (Video) (Green Stocks Central, 7/1/09) S&P Continues It's Commercial RE Downgrade Rampage (The Value at Risk, 6/30/09) By Prieur du Plessis, on July 8th, 2009 posted in: Investment, Markets, Money 3 people had their say - chime in!
This post provides an update on the outlook for the stock market, including excerpts on how Richard Russell sees the lie of the land. [...]
“America’s long-awaited fiscal train wreck is now underway. Depending on policy actions taken now and over the next few years, federal deficits will likely average as much as 6% of GDP through 2019, contributing to a jump in debt held by the public to as high as 82% of GDP by then – a doubling over the next decade,” said Richard Berner in this guest contribution.. [...]
David Rosenberg, widely-followed economist, yesterday made an impressive appearance on CNBC, discussing the economic and market outlook in a fair amount of detail. Make sure not to miss this clear-thinking analysis. [...] More on this topic (What's this?) Survey Shows Firms Will Wait for Windows 7 (Money Morning, 7/13/09) Hot Stocks: Microsoft’s Windows 7 Will Win Big Despite a Slow Start (Contrarian Profits, 7/7/09) Which is Worse: 467,000 Jobs Lost, or 7 Failed Banks? (The Value at Risk, 7/3/09)
The states of America as seen through the (economic) eyes of a cartoonist. [...] |
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