Due to the action of the Euro or the profound weakness that it is having against the U.S. Dollar I am advising against the investment in or the holding of all commodities including gold and precious metals. I am also suggesting that investors avoid the shares of those companies who are commodities oriented such as [...]
Four of the original nine Bear Market Tracker (BMT) Gold Miner Stocks, which were recommended on August 4, 2010 at www.bearmarkettracker.com are being removed from the recommended list. The annualized Cash Flow From Operations (CFFO) for each of the four companies declined over their last 12 months as compared to the previous comparable 12 months. [...]
The Producer Price Index (PPI) for August was down 4.3% versus August of 2008.
Comment: Both of the above occurred during the Great Depression. Those who are saying that we have avoided the Great Depression are premature.
Richard LeFrak, who was a guest host of CNBC this morning divulged important information on the upcoming crisis in commercial [...]
Gross said the situation remains precarious. His investment has repeatedly called the “new normal” of much slower growth rate than what the normal has been over the last 20 years. With another drop possible and continued deflation, he said 30-year bonds with a yield of 4.13 to 4.15 percent would become attractive.
China’a Shanghai composite index was down by 6.7% last night and for the month of August declined by 22%. The Chinese index closed at a three-month low and the loss last night alone was its second single biggest one day loss over the last 15 years. Many pundits are saying that the stock market action [...]
The two primary indicators that I am recommending that investors and traders follow that could generate a signal that the U.S. and global equities markets could be on the verge of a sell off both were negative on Friday. Friday started with one of the indicators, the Shanghai composite down 2.9% in the last day [...]
The major indices closed on their highs for the week ending Friday July 24th. The big week was propelled by the failure of the Obama administrative to get new health care legislation passed before the August recess.
On Friday the Dow 30 Industrials composite was led by the three drug stock components, Merck, (NYSE:MRK), Pfizer, (NYSE:PFE) [...]
Weak sales lead retail experts to doubt promises
By Susan Chandler
Tribune staff reporter
Published September 29, 2002
Business could be better at Sears, Roebuck and Co.
Sales have declined every single month this year. During August, when parents rush to outfit their children for school, Sears’ same-store sales plunged 11 percent, a double-digit decline that shocked even retail veterans.
But [...]