It is just a matter of time before every market will start to test the 2008-2009 lows. Right now all governments around the world is just delaying the evitable.
Archive for the ‘Stock Trading’ Category
Jim Rogers “The Next Global Recession Will Be Worse Than 2008″
Friday, September 23rd, 2011Gold Drops, Takes A $64.90 Hit – Correcting A Bit?
Friday, September 23rd, 2011
Lucky I just switched my TD Precious Metal Fund over to TD Canadian Bond fund. I moved my TD Precious Metal Fund over when it closed at the NAV of $79.48 about a week or so ago and on the day gold drop $64.90 (Sept 22, 2011), the closing NAV on Sept 22nd of the TD Precious Metal Fund is $70.64. Wow, that is a drop of almost $9. One thing about precious metal mutual funds is that it moves in tandem with mainly the stock prices of gold mining companies, and it would seem that the gold mining companies also took a hit.
Dow Jones Industrial Average Crashes 303 Points Today – More Downside To Come, Recession Ahead?
Friday, September 9th, 2011
Looking at the charts of most U.S indexes over the last 2 weeks or so, it is clear that things are definitely volatile. The stock market have been bouncing up and down and having trouble breaking past previous ceiling. The markets are trading in a range right now.
Nasdaq Trading In A Range 2350 – 2470 Roughly – Increased Position In HQD.TO
Thursday, August 25th, 2011
I’ve been keeping a close eye on the Nasdaq and it has been trading in range right now between 2350 to 2470. There seems to be downward pressure because every time it rallies up, it cannot seem to get past 2470 to shoot through previous high of around 2560.
All over the financial news, they say that traders are all waiting for an announcement from Ben Bernake at the Jackson Hole, economic conference. So, that is why there is a range being formed until the Friday announcement.
Next Stop, Dow 8,200: Nasdaq 1750 – Futures Trader
Monday, August 15th, 2011If this future trader is betting that the Dow Jones Industrial Average is going towards near 2009 lows of 8200, then it should take the Nasdaq also down to near 2009 lows, which is around 1750 points. I would have to agree with this view and it might take several months to get to that level, however you never know sometimes with the market, so we will just have to wait and see.
Waiting For Nasdaq To Crash Lower – Next Few Month(s) with HQD.TO Bear/Short ETF
Friday, August 12th, 2011
I started purchasing HQD.TO (Horizon Bear Nasdaq ETF) again. Some at 2450, and then some at 2500 points on the Nasdaq. I will look at loading up some more when the Nasdaq hits 2578 or higher, if it ever gets there.
If you think about the highs for the Nasdaq this year which was slightly above 2800, it is unlikely in this current economic environment that it will hit that high again.
Dow Jones Industrial Average Crashes 634 Points Today – Signalling New Recession Ahead
Monday, August 8th, 2011
About 6 months ago I warned a family member to move all his investment to cash or Canadian bond position, however the response I got back, was “Why should I do that, the financial stocks are doing very well now.”
I however, did not press the issue with this family member because I didn’t want to seem like a know it all, but I knew that the rise in the stock market will be followed by a sharp and violent downturn and it finally arrived.
Raj Rajaratnam Insider Trading Case – Insider Trading Normal Amongst Wall Street
Saturday, May 14th, 2011
Wall Street likes you to think that all the trading they do is legal and that there is no “Insider Trading”, however many people who have worked on Wall Street and investment firms clearly know that insider trading happens all the time.
The SEC (Security Exchange Commission) let’s it happen and they turn a blind eye to their buddy’s at large investment firms. The only time when they step in and start charging people is during a big economic downturn and they need a scape goat to make it look like that the SEC is actually doing their job.
Harry Dent says “Major Crash†Coming for Stocks , Topping Out
Saturday, May 14th, 2011Here is what Harry Dent is predicting for the coming future for stocks and commodities. I agree with him that the stock market is too crazy hot right now and is due for major correction in the future. Besides corporate profits, nothing much else is supporting the lofty stock market valuations. Jobs are not getting better nor is real estate and growth is slowing.
Signs That The U.S Economy Is Slowing Down / Losing Steam
Sunday, April 17th, 2011
Below are the signs that the United States Economy is meeting some headwinds.
