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Posts Tagged With 'correction'

Posted by Martin August 31, 2015

Buy and hold, sell? Well buy more! How to deal with China Crisis

The futures are down big and Tuesday opening will be another rout as many investors will rush to exit selling their stocks. If you are one of them, you are making a big mistake. As I wrote some time ago, you always need to have a plan and remember your trading strategy, but most importantly Continue reading →

Posted by Martin August 24, 2015

China stocks plunge but other Asian markets hold on

  (CNN Money) The benchmark Shanghai Composite was about 5% lower in morning trading. Losses were sharper on China’s smaller Shenzhen Composite, which shed 6%. The Shanghai Composite has now declined 42% from its June 12 peak, erasing all gains year to date. Markets were faring better elsewhere in Asia. After starting the day in Continue reading →

Remember your objective, your goal, your plan, and hold tight

As expected markets were even worse on Monday than on Friday. It was scary, but there is no need to panic. Ignore all bears who are coming out of all directions screaming that this is it, this is the end, and this is the beginning of an even bigger crash! It is not. I can Continue reading →

Posted by Martin August 23, 2015

Rout set to continue on Monday but do not panic

I have two news for you, one bad and one good. The selloff is going to continue on Monday as futures are already down another 2.5% as of now; yes it may change by the end of the night and we may open higher and see a V shape recovery, but as of now, it Continue reading →

Is S&P500 going to crash soon?

It may look like we are on the top and due for a correction. But are we really? I think we are not. Although Friday’s trading and even today’s price action shows weakness in the market we are still in uptrend. We will see a correction at some point and the S&P 500 will turn Continue reading →

Posted by Martin November 17, 2014

What’s stalling the Wall Street rally?

With U.S. stocks nearly 2 percent overvalued, investors are worried that markets will see another correction, says Hugh Jackson, Chairman of Hugh Johnson Advisors.

Posted by Martin April 15, 2013

Gold Sank Faster Than Titanic. Are You Panicking?

Today’s trading was fascinating. My account was red and full of blood as never before. A true blood in the streets. A massacre. It was not only Gold which sank deeper than on Friday on a lot larger volume than on Friday, but the entire market followed. If you follow my Facebook fan page, I Continue reading →

Posted by Martin November 07, 2011

Stocks Will Be Cheap When the S&P 500 Tumbles 25% Says Portfolio Manager

There’s an old saying about lousy stocks on Wall Street: “If you liked XYZ at $50, you must love it at $25.” Along those same lines, it could be argued that if you think stocks are cheap now, just wait until you see how cheap they are when earnings estimates come down. According to Mike Continue reading →

Posted by Martin September 06, 2011

The market with different signals – how to trade it?

Last night I decided to wait for the market to show me how it would trade. So I waited until the morning for the first five to ten minutes to see. My thinking that since the market would open already 2.5% lower would not provide too much space for further downtrend showed up as correct. Continue reading →

Market back in correction

Trading ended with a huge loss today: NEW YORK (Reuters) – Downbeat consumer sentiment data and weak revenues from GE and two big banks slammed stocks on Friday, driving major indexes down more than 2.5 percent. The Dow Jones industrial average (DJI:^DJI) slid 261.41 points, or 2.52 percent, to end unofficially at 10,097.90. The Standard Continue reading →