Article Index
Investment Advice

I hate to harp on this, but I continue to see some exhaustion on the charts and additional downside moves ahead of us, especially if the S&P 500 April low of 1,294 is not reached. With the traditionally slower summer months ahead, I expect that trading will be…

We are seeing some selling capitulation, as the key indices have declined in four straight sessions and five straight weeks. The failure to bounce back after the over two-percent sell-off on June 1 was negative and foreshadowed more downside moves. While there is a desire to buy, you…

April was a record for stocks. Unfortunately, the same cannot be said for May, which has been characterized by uncertainty and a lean towards the downside. Since May 2, stocks have closed lower in 11 of the 20 sessions to May 27. And to make matters worse, the…

In my last commentary, my investment advice was about the need to invest in emerging markets in addition to the established global economies. Times continue to be difficult for Japan, which had been the second-largest economy in the world prior to being surpassed by China in 2010. Not…

Here’s the story… Gold prices usually travel in the opposite direction of the U.S. dollar trend. If the greenback is rising in value against a basket of other major world currencies, the price of gold has historically declined. The opposite is also true: If the U.S. dollar heads…

Stop buying the brand-name countries, including the U.S., Canada and Western Europe! How about Eastern Europe? Poland is seeing sizzling growth, with GDP estimated at 4.6% in 2011, according to the National Bank of Poland. What about the little tigers comprising Hong Kong, Singapore, South Korea and Taiwan?…

There may be some pausing on the charts. The S&P 500, NASDAQ and Russell 2000 all breached their respective 50-day moving averages (MAs) this week but rebounded. There is some hesitancy. First-quarter-earnings season is drawing to an end with some decent results. With 464 S&P 500 companies having…

Yesterday, I talked about China’s growing auto sector. Whether it is cars or retail, consumers in China are getting more disposable income and want to spend. Numbers just came out that China is estimated to grow its gross domestic product by 9.5% this year, according to the median…

It has been a great few weeks for stocks. The major indices have edged higher in nine of the last 11 sessions to April 28. The upward moves to the highest levels since June 2008 are impressive and indicate what appears to be a potential breakout on the…

Stocks surged last Wednesday and have edged higher in five of the last sessions. Yet, despite the upside break above the 50-day moving averages for the NASDAQ and S&P 500, I’m still concerned that this may be nothing but a dead cat bounce. So, before you get too…

If you are looking for that extra edge for your portfolio, you need to add foreign stocks. While stocks in the U.S. are faring well so far in 2011, you need to also watch for stocks in the emerging markets. Based on my economic analysis, one of my…

The big news story this morning is the intervention in the foreign exchange markets by the Group of Seven (G7) industrialized countries to push down the price of the Japanese yen…something smart currency traders were expecting. The European Central Bank, Bank of England, Bank of France, Germany’s Bundesbank,…

Listen up, folks; stock markets have had a great run. There may be more upside moves ahead of us, as the economy continues to improve, but this is not a time to be aggressive given the turmoil in the Middle East and higher oil prices. You have made…

There’s no rush to take any new action in this market. That’s the best stock advice I can give to any equity investor with new money to play with. There are all kinds of attractive opportunities out there, but this market needs a break. Stocks need a rest…

Looking at retail? Want the sure-bet plays? My investment advice and best stock advice to you would be to stick with the leading discount bellwether retail stocks, such as Wal-Mart Stores, Inc. (NYSE/WMT) and Costco Wholesale Corporation (NASDAQ/COST). Costco delivered $348 million, or $0.79 per diluted share, in…

Oil is surging in the global markets and this has transformed into higher gasoline prices at the pump, which now average over $3.50 per gallon and may be heading higher. Gasoline prices are surging at the pumps. The jump in fuel costs will cut away at the disposable…

Exactly two years ago today, at the depth of a severe recession not seen since the Great Depression, a bear market rally in stocks was born. Hard to believe, but two years ago, on March 9, 2009, the Dow Jones Industrial Average was trading at 6,440. Today, it…

Chinese stocks have been rallying following the week-long Lunar New Year break. Stocks on the benchmark Shanghai Composite Index (SCI) have rallied in six straight sessions and are holding above 2,900, up 4.2% this year, which is encouraging given the poor start. Yet, playing the Chinese capital markets…