Don't Believe Your Own Hype, Mr. President! ???Excerpt from HOPE IS NOT A STRATEGY . Go see: www.hopeisnotastrategybook.com

pubblicato il: 19/03/2012 - 23:24

Guest post written by Norman Augustine Norm Augustine is an IEEE Life Fellow and retired chairman and CEO of?? Lockheed Martin. I once heard Warren Buffett say that if you are lucky enough to be born in America, you have already won the lottery. That was certainly true in my case ? but it may ...

pubblicato il: 13/03/2012 - 19:55

With bullish sentiment on the homebuilders uncomfortably high and volume not supporting the recent highs, now is clearly not the time to buy...but using technical analysis, we can determine the levels at which a pullback will create better buying opportunities. There was plenty of new data on the housing sector this week, and the latest new-home sales figures will come out later today. The consensus view is that there will be 325,000 newly constructed homes with a committed sale in February. Sentiment on housing stocks has certainly changed over the past five months, as the consensus view now seems to be that the housing market has bottomed. The fundamental data has improved sharply in 2012, causing one analyst to write on Monday that it is "an ideal time to load up on housing stocks." Last fall, the tone was quite different. On October 21, one headline read, "The Housing Sector Is a Mess," and in the story, the author cast doubt on the recent surge in housing starts, suggesting things were only going to get worse. Then in early November, after the latest S&P/Case-Shiller data reported a 3.6% drop in housing prices, one analyst said, "Housing probably won't go anywhere for the next several years." At the time, the technical picture for the housing stocks was quite positive. This is another good example of how the technical action leads the fundamental data. Now, the daily technical action of the homebuilders suggests a further correction is likely before the intermediate uptrend resumes. In a late February Trading Lesson, "Don't Miss Another Big Rally," I shared some suggestions about how not to get caught up in buying frenzies, and I used the housing sector as one example. Now that it appears that the homebuilders are completing their daily top formations, we can start to target the price levels for new buying.

pubblicato il: 23/03/2012 - 23:47

Hey, whatever you do ? don?t call me. If you?re a vendor, or a salesperson, or a political party,?? or a telemarketer.?? I won?t pick up the phone. Oh, one correction. If you?re a client ? you can call. I?d rather if you?d email me first,?? or text me if it?s urgent. If you?re looking ...

pubblicato il: 14/03/2012 - 19:26

Yesterday, a panel of experts convened by the Food and Drug Administration voted unanimously that halted studies of an experimental class of pain drugs should be restarted, leading to hopes that the drugs might provide another option aside from non-steroidal anti-inflammatory drugs like ibuprofen and naproxen, which may harm the heart or stomach, and opiates ...

pubblicato il: 13/03/2012 - 13:25

What of Facebook, which is little more than a glorified contact list interspersed with baby pictures and Zynga games?

pubblicato il: 13/03/2012 - 00:23

High-yielding REITs may seem attractive at first glance, but vulnerable chart patterns, use of leverage, and potential dividend cuts make REITs like these especially dangerous.

pubblicato il: 13/03/2012 - 17:24

Inflation is anxiously waiting in the wings despite the pullback in several commodity prices that occurred late in 2011 and the contentions by many market analysts that certain commodities may be due for a further correction.

pubblicato il: 21/03/2012 - 20:25

It wasn't that long ago when Corzine told Congress he had no idea what happened to the missing money.

pubblicato il: 23/03/2012 - 22:25

Dorman Products is a strong buy after posting positive earnings surprises and accelerating earnings momentum.

pubblicato il: 23/03/2012 - 16:55