| Stock Picks For Friday: Electronic Arts, Curis And JDS Uniphase
November 26, 2009 at 10:01 pm
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| ( click to enlarge ) Electronic Arts Inc. (ERTS) - The stock has been in a strong downtrend the past few days, but could have found a bottom at these levels. Wednesday, ERTS was one of the few bright spots, as the stock closed up $.45 on the day. If the stock can break through Monday’s high of $17.56, we should see a high volume upside move. Technically the stock now shows positive sign as the stock is now trading above 5 day moving average with KD rising. I will watch the stock … [visit site to read more] 
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| Big Players Are Turning Not Just To Gold, But To Physical Gold
November 26, 2009 at 9:01 pm
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| Over past years, we at Euro Pacific have taken an increasingly jaundiced view of paper currencies and written repeatedly about gold as an alternative. Along the way, we have urged investors to consider both the security and physical accessibility of their gold investments, and have advocated for at least some holdings to be in physical form. There are those who may have felt our views were overly cautious, even alarmist. Now, however, it is increasingly clear that major investors, including … [visit site to read more] 
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| Was March The True Bottom For The US Stock Market? Here's How You Will Know Soon
November 26, 2009 at 8:01 pm
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| The Associated Press calls them “fully invested bears.” It’s the most unique phenomenon of this rally. They are the large and successful group of investors - both individual and institutional - who see the economic reality around them and are naturally bearish. However, they’re still fully invested. That’s where we’ve all been in the past few months. We know the reality. We haven’t forgotten history will likely look back on this rally as a bear market rally. But we still have … [visit site to read more] 
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| Want Stocks With Good Dividend Yields? Consider Dividend ETFs
November 26, 2009 at 7:05 pm
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| Despite an impressive market rally that has major indexes up around 65% off the March 9 lows, there are still a number of blue-chip stocks delivering handsome dividend yields. Exchange traded funds (ETFs) can give a diversified play. Yields upwards of 3% are being offered by some well-known names, including Kraft Foods (KFT), Clorox (CLX), Sara Lee (SLE), Sysco (SYY), Johnson & Johnson (JNJ) and Verizon (VZ). Finding these names is a matter of doing a little … [visit site to read more] 
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| Outlook Of The US Retail Industry: Opportunities And Weaknesses
November 26, 2009 at 7:01 pm
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| With a probable end in sight to a prolonged recession, American consumers are somewhat upbeat about the upcoming holiday shopping season. However, customers remain skeptical at the same time and intend to spend less, compared to previous years before the start of the recession. According to a study by A.C. Nielsen, approximately 42% of American consumers plan to spend less this holiday shopping season, representing a 7% year-over-year rise in those who intend to spend less. U.S. … [visit site to read more] 
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| Cartoon: Another Recession Thanksgiving
November 26, 2009 at 6:01 pm
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| Source: Chan Lowe, Slatev.com, November 25, … [visit site to read more]
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| The Life Of An Economic Turkey
November 26, 2009 at 5:10 pm
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| One turkey turns to the other… “Things were pretty rough there for a while…what with the recession and all. But now there’s a recovery. Business is picking up.” “Yeah, this is great…no more hanging around this place waiting…finally, the boss says we’re all shipping out today…” “I wonder what we’re going to be doing…” “I don’t know…I’m going to some place called 'Butterball Birds’…” “Hey, sounds like it might be fun…maybe it’s some kind of theme park. I’m … [visit site to read more] 
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| Interesting Articles To Read
November 26, 2009 at 5:01 pm
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| This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. Palash Ghosh (The Wall Street Journal): US, overseas stock correlation too strong to last, November 24, 2009.
The correlation between US and foreign stock markets, even the emerging markets, has become so strong as to render almost meaningless the concept of geographic investment diversification and asset allocation.
Craig Torres (Bloomberg): Fed officials … [visit site to read more] 
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| Could Dubai Be The Spark For A Correction?
November 26, 2009 at 4:42 pm
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| In my last post I indicated that the US Dollar was poised to rally because of excessive bearish sentiment. Many market analysts had opined that the stage was set for a USD rally but any USD reversal needed a spark such as a geopolitical event. We may have seen that spark. The world awoke this morning to the surprise news of the potential default by Dubai World. As FT Alphaville puts it [emphasis mine]:
Dubai’s government stunned the debt markets on Wednesday by asking for a … [visit site to read more] 
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| S&P 500's Historical Performance Through Thanksgiving
November 26, 2009 at 12:01 pm
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| Thanksgiving is upon us and we have much to be grateful for this year. While it has been challenging at times it has also been rich in an abundance of things for which we can be thankful.
Talking of which, Bespoke reports that since Thanksgiving became an official federal holiday (1941), the S&P 500 Index (^GSPC) has been up 20% or more through Thanksgiving on 16 occasions. With a year-to-date gain of 22.72%, this year is one of them and the S&P 500 is having its best … [visit site to read more]
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| Silver And Precious Metals: A Temporary Top Will Be Reached Within The Next Few Weeks
November 26, 2009 at 11:01 am
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| At Sunshine Profits we’re holding gold and we find ourselves in very good company with some of the world’s biggest players. The smart money is definitely in. Central banks are net buyers of gold for the first time in 22 years. According to a report by precious-metals research firm GFMS, for the first time since 1987, central banks around the world bought more gold in the second quarter than they sold. India recently bought 200 tons of gold from the IMF and it won’t surprise anyone if … [visit site to read more] 
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| When Gold Mania Hits, Prices Will Explode To The Upside
November 26, 2009 at 10:01 am
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| “There’s no doubt in my mind that we’ll have a mania in gold. And because the gold and especially silver markets are so tiny, the rush into them will be like trying to push the contents of Hoover Dam through a garden hose. Our positions will go absolutely ballistic.” - Doug Casey, September 2009 There’s certain to be a rush into gold and silver, and buying before Main Street catches gold fever is the only way to play this trend. Because when Midas fever hits, prices will explode to the … [visit site to read more] 
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| Of The Roller Coaster Market And Mortgages: Dangers Rising?
November 26, 2009 at 8:45 am
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| The market continuously oscillates between euphoria and despair. With dangers rising and euphoria ascendant, we are now close to the point of maximum risk. There is a wonderful investment graphic that makes its way round investor inboxes from time to time. It shows a steep rising curve, not unlike that of a roller coaster, followed by a heart-sickening drop and a fresh ascent. If you have ever ridden a good coaster, you remember the deliciously ominous “click-click-click” while … [visit site to read more]
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| Gold ETF Up For 9 Consecutive Days
November 26, 2009 at 8:01 am
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| In a short post yesterday, I shared Richard Russell’s (Dow Theory Letters) take on whether one should buy gold when the metal is obviously extremely overbought.
The up-trend in gold is off course well established with the price having closed higher at year end for eight consecutive years. And unless bullion drops to below $979.85, 2009 will make it nine in a row. While not doubting the primary trend, one should be cognizant of gold (as measured by the SPDR Gold Trust ETF, GLD) (GLD) … [visit site to read more] 
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| Why Gold Will Reach Mind-Boggling Levels
November 26, 2009 at 7:01 am
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| We are staring at a nascent but potentially and probably startling increase in the price of gold and precious metals mining stocks and warrants. Gold will reach mind- boggling levels because the actions of our political leaders and their academic and credentialed enablers are virtually guaranteeing it with their current actions. Currency Traders Strengthening Price of Gold
The US dollar has and continues to be pummelled by currency traders because they see the US Treasury and FED working … [visit site to read more] 
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| Four Claymore ETFs To Shut Down
November 26, 2009 at 6:45 am
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| Claymore announced today that it would be liquidating four low-volume exchange traded funds (ETFs). The combined assets of the ETFs make up less than 0.70% of the provider’s total ETF assets. Dec. 11 will be the last trading day for the following four funds: Claymore/Morningstar Manufacturing Super Sector Index ETF (MZG) Claymore/Morningstar Information Super Sector Index ETF (MZN) Claymore/Morningstar Services Super Sector ETF (MZO)
Claymore U.S.-1 - The Capital … [visit site to read more] 
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| Forex Analysis For Thursday
November 26, 2009 at 6:10 am
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| Fundamental Events: The Swiss KOF Economic Research Agency will publish its “Leading Indicators Index” Tomorrow (Nov 27), which determines the overall economic health of the country’s economy. The Index is comprised of 12 indicators related to consumer confidence, banking confidence, production, new orders and housing- and sheds light on the economic trend and the movement of GDP growth in Switzerland. A higher than expected reading should be taken as positive/bullish for the CHF, … [visit site to read more] 
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| USA, Not China, Is The Largest Holder Of Our Debt
November 26, 2009 at 6:01 am
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| $4.4 trillion of our debt of $12 trillion is held by our own government. It’s money that we owe ourselves. The largest holder of our debt is not the Chinese. It’s the USA. Our Intergovernmental holdings now exceed $4.4 trillion. This is significantly more than the Chinese … [visit site to read more] 
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| Thursday's Forex Outlook
November 26, 2009 at 5:34 am
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| USD Dollar (USD) The Dollar fell across the board after the Federal Reserve said the global recession is reaching its end and signaled it will tolerate a weaker Dollar, which encouraged investors to buy riskier assets. Unemployment Claims came out batter than the forecast at 466K vs.500K forecast and New Homes Sales climbed more than forecast at 430K vs. 408K forecast. NASDAQ and Dow Jones rose by 0.32% and 0.29% respectively, crude oil jumped by 2.6% closed nearly to 78$ a barrel and Gold … [visit site to read more] 
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| Commodities Boosted By Weak US Dollar - So What's Next?
November 26, 2009 at 4:58 am
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| Another fantastic week for precious metals as the US dollar continues its slide lower. Energy commodities like oil and natural gas are having some difficulty finding buyers. When commodities start to trend they become very profitable for those riding them up or down. But when a short term trend starts to virtually go straight up (parabolic) then we must be prepared for a sharp pullback. Once the price starts to slide I figure a lot of short term traders will begin locking in profits, … [visit site to read more] 
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