Today's Market
by Dr Invest
Ho Hum! The past two weeks have, well, been pretty blah. I certainly was considering a purchase of gold (IAU) on Thursday, but a strengthening dollar made for some declining gold prices. Gold falling to around $1675 would be a perfect setup for a buy into gold. My reluctance to take a position in gold was warranted, since gold was moving sideways.
Take a look at the chart below from September 13 until present.
This could be just a moment of consolidation, leading to the resumption of a rising price or a stagnation, leading to a temporary fall in gold prices. Even should gold fall temporarily, I think there will be enough stress in the market to bring rising gold prices over the next year.
Simply said, I am still looking for an entry point to purchase IAU. Market volatility over the next year will do the rest.
OUR BOND PORTFOLIO
Both TIP and BND in our Bond Portfolio now sits at a gain of 1.86%. Thank you Bernanke for limiting the potential gain in bonds.
There is really nothing to do here but speculate and day trade. If you want to take some enormous risks for gaining a lot of money or losing a lot of money, now is the opportunity. Taking these kind of risks is not INVESTING but gambling.
Please, if you need someone to gamble for you, I'd be glad to use your money. In this blog though, I am using my own money and I am fully invested in what you are reading about on this blog. Let me make it clear, I am not planning on losing money. I use stop-sells to limit my losses and carefully look for seasonal trends and proven trading methods that improve my gains. I am interested in individual stocks that bring consistent returns, but the real gains are found in little known stocks that have a proven track record.
2012 has shown some remarkable gains, soley upon the hopes of a QE-3 by Bernanke. I did not invest in stocks in January and by March cracks began forming in the stock market completely collapsing by May. Renewed hints at a QE by Bernanke brought speculators to bid up the DOW and S&P from almost no gains in 2012 to an all time year high by the end of August. Cracks began to appear yet again in the market, with Bernanke initiating an unlimited QE-3. Bernanke's new promise is that growth will never fall below 2% and that he will stimulate as long as is needed into 2015 to keep the economy above stall speed.
This is just what Wall Street had hoped for, now there is no need to worry about a substantial collapse in the market because every day is Christmas day in the Wall Street world. Think about this for a moment. People making over $250,000 are to play taxes in the U.S. and people who are paying taxes are the only people who have the most invested in the stock market. What a racket, the government in the U.S. are using money of the wealthy to sustain the percieved bull market. It's a beautiful world.
(Note: the above article is for entertainment purposes only and not to be used as investment advice.)
by Dr InvestHo Hum! The past two weeks have, well, been pretty blah. I certainly was considering a purchase of gold (IAU) on Thursday, but a strengthening dollar made for some declining gold prices. Gold falling to around $1675 would be a perfect setup for a buy into gold. My reluctance to take a position in gold was warranted, since gold was moving sideways.
Take a look at the chart below from September 13 until present.
This could be just a moment of consolidation, leading to the resumption of a rising price or a stagnation, leading to a temporary fall in gold prices. Even should gold fall temporarily, I think there will be enough stress in the market to bring rising gold prices over the next year.
Simply said, I am still looking for an entry point to purchase IAU. Market volatility over the next year will do the rest.
OUR BOND PORTFOLIO
Both TIP and BND in our Bond Portfolio now sits at a gain of 1.86%. Thank you Bernanke for limiting the potential gain in bonds.
There is really nothing to do here but speculate and day trade. If you want to take some enormous risks for gaining a lot of money or losing a lot of money, now is the opportunity. Taking these kind of risks is not INVESTING but gambling.
Please, if you need someone to gamble for you, I'd be glad to use your money. In this blog though, I am using my own money and I am fully invested in what you are reading about on this blog. Let me make it clear, I am not planning on losing money. I use stop-sells to limit my losses and carefully look for seasonal trends and proven trading methods that improve my gains. I am interested in individual stocks that bring consistent returns, but the real gains are found in little known stocks that have a proven track record.
2012 has shown some remarkable gains, soley upon the hopes of a QE-3 by Bernanke. I did not invest in stocks in January and by March cracks began forming in the stock market completely collapsing by May. Renewed hints at a QE by Bernanke brought speculators to bid up the DOW and S&P from almost no gains in 2012 to an all time year high by the end of August. Cracks began to appear yet again in the market, with Bernanke initiating an unlimited QE-3. Bernanke's new promise is that growth will never fall below 2% and that he will stimulate as long as is needed into 2015 to keep the economy above stall speed.
This is just what Wall Street had hoped for, now there is no need to worry about a substantial collapse in the market because every day is Christmas day in the Wall Street world. Think about this for a moment. People making over $250,000 are to play taxes in the U.S. and people who are paying taxes are the only people who have the most invested in the stock market. What a racket, the government in the U.S. are using money of the wealthy to sustain the percieved bull market. It's a beautiful world.
(Note: the above article is for entertainment purposes only and not to be used as investment advice.)
No comments:
Post a Comment