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The Leong Side Of The Market

China is hungry for metals, whether we’re talking copper, iron or aluminum. So is Europe…and, in fact, the rest of the industrialized world. We are seeing an insatiable building up for mining companies, whether early-stage or in production. The interest is in mining the metals in the ground.…

Happy New Year! In 2010, small-caps were the runaway winners, with the Russell 2000 closing up 25.28%. Technology also provided some decent gains, with the NASDAQ up 16.88%. Lagging were the blue-chip DOW and S&P 500 companies, which ended up 11.02% and 12.74%, respectively. U.S. stocks outperformed the…

Merry times are here. We’re happy. You’re happy. Wall Street is happy. With the gains on Tuesday, the Santa Claus Rally appears to be in place, as long as we see gains in the last five trading days of the year, followed by the first two sessions in…

Santa appears to be on his way. We’re not there yet, but let’s hope it’s soon. The charts of some of the key stock indices continue to look positive and point to more potential gains after the break at the previous chart tops. I’m encouraged by the ability…

Markets will end up higher this year, but well off the gains of 2009. On the plus, the S&P 500, NASDAQ and Russell 2000 are holding above their previous chart highs, while the DOW is off 0.05% below its previous chart high. Failure to hold above the previous…

Traders appear to have brushed aside the mounting debt and deficit issues in Europe; but, be warned, these are not going away anytime soon. At least, that’s my opinion. Earlier this week, Spain warned that it may receive a credit rating downgrade, which followed a similar warning from…

China is continuing to expand at rates well beyond the world’s other industrialized powers. The Organization for Economic Cooperation and Development (OECD) predicts that China will grow its economy by 9.7% in 2011 and 2012, which, while lower than the previous rates, is still well above the global…

Markets are continuing to edge higher after breaking above the previous chart tops, which is technically bullish. The DOW is 0.67% below its chart top, but I suspect this will be broken. The break above the previous chart high may be sustainable, but failure to hold could leave…

Gold has edged higher in each of the past nine years, and it is set to close off its decade-long bull market. Buying has been driven by a combination of speculative trading in physical gold, gold ETFs, and buying as a safe-haven investment. Lombardi Financial first turned bullish…

Chinese stocks are again the focus of increased attention and speculative trading. In China, the benchmark Shanghai Composite Index (SCI) was rallying and was down less than four percent this year, which is impressive given that the index had been down over 28% earlier in the year. Unfortunately,…

If you need sure-bet plays in retail, you have to stick with Wal-Mart Stores, Inc. (NYSE/WMT) and Costco Wholesale Corporation (NASDAQ/COST). Costco delivered with strong results on Wednesday, after posting earnings of 312 million dollars, or $0.71 per diluted share, above the consensus estimate of $0.69 per diluted…

The bulls appear to be in full control at this juncture. On the charts, the NASDAQ has joined the Russell 2000 to move above their respective previous chart highs. This is bullish, but we need to see if the indices can hold. Small-caps continue to outperform, with the…

Over two million workers lost their unemployment claims yesterday. And now to make matters worse, the highly anticipated non-farm payrolls were dismal. In what was a shock, we saw non-farm payrolls generating a mere 9,000 new jobs, which is way below the estimate of 150,000 new jobs. Moreover,…

The key in China will be the rapid growth of the country’s middle class. In a recent research finding, Credit Suisse predicted that the household wealth in China will double to $35.0 trillion by around 2015, based on achieving sustainable GDP growth at or near the current growth…

All signs are pointing to continued economic renewal in this country. We are seeing a strong pickup in retail, as I discussed in my last commentary. We know how successful Black Friday was and now we find out that online sales broke the $1.0-billion level in Cyber Monday,…

Did you fight the masses and venture out for deals on Black Friday? I didn’t, as I try to avoid crowds. But it appears that I was not in the majority: an estimated 212 million shoppers ventured to stores and online sites on the weekend, up from 195…

The majority of the news is on Ireland and the fear that the debt issues there could spread throughout Europe and further dampen growth there. But I have talked enough about Europe and will swing my focus to China—my favorite growth region for growth investors looking to increase…

Make no mistake about it; the economic situation in the United States is improving, but not at the pace I would like to see. The Federal Reserve came out and made a downward revision in its GDP estimate for both 2010 and 2011. The Fed predicted high unemployment…

Are we seeing signs of the perfect storm arising in the stock markets? Not only do we have growth issues in the United States, but Europe and Asia continue to pose issues. I’m not saying the good times are over, but, for now, the market risk is higher.…

Markets rallied last Thursday on the news of the potential remedy to the debt situation in Ireland that is expected to be announced sometime this week. While this will help remove some unwanted uncertainty from the market, I feel the remedy will merely mask a much more significant…