Valuations Are Still Attractive Even As The Market Melts Up
S&P 500’s P/E Ratio Is Still Below Prior Major Market Tops:
LIKE THIS? HELP SPREAD THE WORD & TELL Your FRIENDS ABOUT OUR SITE Look For Time AND Patterns: You probably know by now, that in uptrends, I prefer to step up and buying weakness, not just strength. Doing this requires patience and discipline. When a market (or stock) pulls back it is imperative to be…
Sovereign debt woes continue to be the bane of this rally. At the end of April the S&P Rating Agency downgraded Greece’s debt to “junk” status, which accelerated the steep sell-off in the euro and sent it down to its 2008 lows! This sparked a world-wide panic sell-off which sent stocks plunging. In addition, Spain and Portugal’s debt was also downgraded which put pressure on a host of capital markets. Italy and Iceland are the two nations which analysts believe are also dealing with ominous debt levels. All of this helped the US dollar enjoy one of its strongest gains against the euro in over a year. Since November, the greenback has rallied smartly and jumped above its 50-day moving average (DMA) and 200 DMA lines. As expected, the stronger dollar sent US stocks and a slew of commodities (i.e. dollar denominated assets) lower as investors continue to debate our economic future.
It’s that time of week again, in this week’s FindLeadingStocks.com report there are 21 new bullish setups. Want This Done For You Each Week? Take Risk Free 30-Day Free Trial Now Here are 7 bullish setups for your review: Bluebird Bio: BLUE Gamestop Corp: GME GoPro Inc: GPRO Amazon.com Inc: AMZN Splunk Inc. SPLK Homebuilders ETF: XHB TrueCar…
Risk vs. Reward Last week I wrote an article titled Trading Math and received quite a bit of positive response from it. The article discussed the importance of keeping your losses small and letting your winners run. This week, I want to follow up with a brief introduction to risk and reward in capital markets….
Robert Shiller, an economics professor at Yale School of Management, shares his outlook on the housing market.
The Blame Game