Picture perfect trendlines

Date November 20, 2008

The Dow Jones industrial average took a very hefty fall today back down to its recent support line. For the last two months the average has traded in virtually the same trend and found comfort in the same support area. Now that we’re on such a critical level it is important to look […]

Goldman Sachs the next to go

Date November 19, 2008

Goldman Sachs has little to stand on now. After falling below its absolute support at $60 per share the stock has little much than one more leg to stand on. Goldman is the same as every other investment bank in the business, it was just better at hiding its assets from the general […]

Japan joins the Eurozone in recession

Date November 18, 2008

The news was clear that the Japanese economy would soon face recession. It has been made evident that this was true after reports surfaced that Japan had suffered a negative growth in GDP of .4% in the July-September quarter and a 3.7% loss in the previous quarter. Two consecutive quarters of negative GDP […]

Commodities will come back

Date November 17, 2008

Commodities prices have been beaten as of late due to the problems with the economy. As the world economy shrinks and minor deflation occurs, commodities prices will drop across the board. This sudden and sharp drop will not last forever largely due to the $700 Billion bailout and how it will affect the […]

Saudi Arabia stimulates the economy and will keep oil price low

Date November 17, 2008

The Saudi King announced today a $400 Billion investment in the government run oil industry in hopes of restarting the economy during economic recession. Investors around the world should like this infusion of cash that will do much to improve economic vitality in the Middle East and should keep oil prices low for years […]

Retail sales numbers down, only to get bigger

Date November 15, 2008

The retail sales number was down 2.8% from last October. This is the biggest drop in year to year retail sales since the beginning of the index, topping the 2.65% drop recorded in November 2001. Whats most startling is that this comes in a month without the holiday boost. Holiday sales in […]

The new TARP programs hurts investors and taxpayers

Date November 13, 2008

After Henry Paulson outlined the new goal of the TARP program to buy shares of stock in banking corporations rather than purchase bank debt, investors went into panic mode. There are many reasons as to why investors should be unhappy with the new plan but the main reason is a complete theft of shareholder […]

Retesting 8200 once again

Date November 13, 2008

The bad news from this week just won’t stop. The treasury is centering the new TARP program of $700 Billion to start buying stock, rather than debt. Investors hated this action, selling off their shares in disgust and civil liberties groups around the nation are asking why the Federal Government should own private […]

Economic slowdown is helping discounters of all types

Date November 12, 2008

Investment money typically pours into defensive names at the first sign of an economic slowdown. Much of the larger returns from defensive names is from a change in investor sentiment, where investors pump up the valuations of defensive names to level that are above normal. We are finally getting some kind of proof […]

China establishes all out stimulus package

Date November 10, 2008

Stimulus packages around the world are slowly appearing. Just yesterday China announced that it would create its own $586 Billion economic stimulus package to make up for the zero export growth it expects in the upcoming year. The Chinese economy is centered around the growth of exports to developed nations.
Unlike the […]

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