Wall Street avoided a bigger walloping late last week, with sellers finally calling it quits after a nearly 10% plunge in less than three weeks. But the week ahead could be pivotal as investors either jump back in - or retreat even further.
The week ahead brings quarterly earnings from consumer companies Walt Disney and Coca-Cola, as well as economic reports on retail sales, inventories, employment and consumer sentiment.
Appropriately it overreacted not as urgently as it should have or View results Debt fears in focus: Worries that Greece will default on its debt, causing a domino effect in other debt-strapped European nations, pummeled U.S. stocks last week. Investors ditched risk and embraced the U.S. dollar and government debt as they worried that a U.S. economic recovery is too fragile to withstand an upheaval across the Atlantic.
But the declines followed weakness in late January, all of which set the S&P 500, Dow and Nasdaq close to 10% below rally highs hit late last month. A 10% selloff is technically a correction, and investors managed to slow and then stop the selling before the market hit such levels late Friday.
"You've clearly got some negative sentiment and legitimate concerns," said Phil Orlando, chief equity market strategist at Federated Investors. "But that doesn't mean the market should be down 10% and continue falling. If we are able to traverse the concerns, we can return the focus to fundamentals, which are starting to improve."
He pointed to the batch of better-than-expected fourth-quarter earnings and some of the recent reports that show the economy is continuing to stabilize, although the job market remains battered.
The challenge is going from an economic recovery that is largely stimulus driven to one that is driven by fundamentals, said Robert Siewert, portfolio manager at Glenmede. "People are questioning the fundamentals."
He said that the issue going forward is "how sustainable corporate earnings and GDP are going to be when we haven't yet seen a fundamental improvement and when we still see systemic problems overseas."
I think this "The Neatest Little Guide to Stock Market Investing" is good for everyone to read, not expensive, but very useful.
Sunday, February 7, 2010
Friday, February 5, 2010
Apple iPad and VOIP and the industries
Everyone expects the Apple iPad to be the next hot product. I totally agreed. I will buy one too. But a lot of people are not looking into the future, what the iPad and iPhone will bring to the Hi-Tech industry. VOIP technology will go through the roof, since Apple has opened VOIP development for developer. VOIP will be the next heavyweight winner in 2010. Skype will be one of the top contenders since they have the Apple APP already made, and their services are offered at very reasonable prices for unlimited dail out in North American, and very good price for world wide long distance. VOIP technology is not fully used yet. The next one will be VVOIP, similar to using the webcam with the computer but we are still waiting for hardware to become available for the broader markets (cellular primarily). Anyway, the VOIP market will be the battle field, some will go down, some will get bought, but regardless, the technology will move rapidly, similar to the internet when it first became public 15 years ago. Watch out for all existing, mature VOIP companies. They are definitely doing something which will shock the world. Also, mobile hardware will need an upgrade, the benefit will not only be for Apple; Nokie, Motorola, and Sony Ericsson will be benefit too. Network equipment and supplier will also grow too, since the phone and VOIP carries have to upgrade their equipments. Therefore Cisco, Ericsson, etc ... will be winners too. And lastly, phone carries will also benefit since they will have a new profit channel to sell their data plans. Time to find the best fit for you, you can find some pinksheet / OTC start up or blue chip stocks.
Please follow us closely since this will happen soon, within a year or two.
I recommend this product because you don't need a computer to use Skype. Good for your parents or grandparents who do not know anything about computer.
Please follow us closely since this will happen soon, within a year or two.
I recommend this product because you don't need a computer to use Skype. Good for your parents or grandparents who do not know anything about computer.
Thursday, February 4, 2010
Someone is Listening to my suggestion
If you those who listen to me about GELV - Green Energy Live, it went up more than 30% during the day.
Today is a bad day for everyone unless you are shorting and "PUT". Well, let forget about today, looking for tomorrow, the market may stablized during the morning (we all hope), but we don't see any solid direction, please be careful.
You can always following me in "Headline News" section in http://investortips.com/ during the trading hour, I am giving out first and real time news on the market to you free.
I guess this is a good book for today market "Why Stock Market Crash". LOL
Today is a bad day for everyone unless you are shorting and "PUT". Well, let forget about today, looking for tomorrow, the market may stablized during the morning (we all hope), but we don't see any solid direction, please be careful.
You can always following me in "Headline News" section in http://investortips.com/ during the trading hour, I am giving out first and real time news on the market to you free.
I guess this is a good book for today market "Why Stock Market Crash". LOL
Labels:
GELV,
Green Energy Live,
Stock Markets
Wednesday, February 3, 2010
Watch out this GELV - Green Energy Live, Inc.
This is a green energy company. I really like their idea. The stock has been in very low end, but it could start shooting up by as early as tomorrow.
This company is small but with big plans, I like their management. Their products are in good positions, and sales channel are ready. Just need a small news, it will rocket.
If you want to know more about the green energy, this is a good book to start.
This company is small but with big plans, I like their management. Their products are in good positions, and sales channel are ready. Just need a small news, it will rocket.
If you want to know more about the green energy, this is a good book to start.
Labels:
GELV,
Green Energy Live
Watching AMZN
Everyone should watch out AMZN in the next few days. From the chart, it looks like it is going to break the $120 soon. Today very close. Right now, AMZN stock price is way too low, it should be in $140 range.
This solid company have a much better foundation than other like eBay, Yahoo, etc ... We should keep our eyes on AMZN.
Sometime I like to read "Dummies" books. I recommend this "Investing for Dummies" to you.
This solid company have a much better foundation than other like eBay, Yahoo, etc ... We should keep our eyes on AMZN.
Sometime I like to read "Dummies" books. I recommend this "Investing for Dummies" to you.
Nice gain for AAPL and MSFT
Today, we see nice gain on AAPL and MSFT. If you follow my suggestion yesterday, you should have a good day trading.
AAPL still have a lot of room, so never too late right now. MSFT should go back to 30s range, so there are room for it too.
Remember visit http://www.investortips.com/ for more detail information.
Today I recommend you this book "Investment Analysis and Portfolio Management". It is great.
AAPL still have a lot of room, so never too late right now. MSFT should go back to 30s range, so there are room for it too.
Remember visit http://www.investortips.com/ for more detail information.
Today I recommend you this book "Investment Analysis and Portfolio Management". It is great.
Labels:
AAPL,
Apple Computer,
Microsoft,
msft
Tuesday, February 2, 2010
Right time to buy AAPL - Apple Computer
AAPL - Apple has tested the low already which is not 180s, now it starts picking up. I am buying Apple when the price is reasonable. I think 195s is a good price to start picking up the stock. My long term target price ranges from $250 to $275.
I recommend you to read this book. I like it. "Investing in Stocks and Shares".
I recommend you to read this book. I like it. "Investing in Stocks and Shares".
Labels:
AAPL,
Apple Computer
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