Weekly Wrap-Up
Big T's Takeaways
An ugly jobs number (+80k vs. a +100k estimate) sent traders fleeing the major stock indexes to cap off the week.
I've been hoping for a pullback so I could add to my own equity positions, but all the stocks I'm long right now have just stubbornly refused to sell off... it's frustrating.
So far this looks like a normal and healthy pullback. The trend indicators that we rely on over in my ETF Master Trader Program continue to suggest that investors and traders alike should be buying these dips.
Cyclical stocks such as Metals, Oil and Oil Service stocks appear to be where the biggest piles of money are moving toward.
This is an area of the market that has been absolutely gutted over the last three months, and a place where most individual investors have been fearful of treading. However, very often, that is where you will find the biggest money making opportunities.
Christy Heady, our newest contributor, blows a Texas sized hole
in the idea that you must take on more risk in order to make more
money -- click
here for more.
Commodities master trader Costas Bocelli makes his case for why
NOW is the time to buy commodities -- click
here for more.
Chris Rowe gives traders one quick, easy way to play the hospital
stocks --
click here for more.
Ed Pawelec delivers a sobering dose of reality in this discussion
about the real state of the global economy -- click
here for more.
An ugly jobs number (+80k vs. a +100k estimate) sent traders fleeing the major stock indexes to cap off the week.
I've been hoping for a pullback so I could add to my own equity positions, but all the stocks I'm long right now have just stubbornly refused to sell off... it's frustrating.
So far this looks like a normal and healthy pullback. The trend indicators that we rely on over in my ETF Master Trader Program continue to suggest that investors and traders alike should be buying these dips.
Cyclical stocks such as Metals, Oil and Oil Service stocks appear to be where the biggest piles of money are moving toward.
This is an area of the market that has been absolutely gutted over the last three months, and a place where most individual investors have been fearful of treading. However, very often, that is where you will find the biggest money making opportunities.
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Comments:
law
7/7/2012 5:13 PM
I wonder if the past dollar to market correlation , you know dollar up market down, oil down or dollar down market up ,equity up and metals up......sticks looking at a chart with gold versus oil versus equities favoMipaji1up
7/7/2012 6:25 PM
Thanks for the articles. They are very informative and concise to the degree I understand investing. Admittedly, we are new to investing and currently we have a diverse portfolio of silver, copper and we recently added titanium. We buy once a