Stock of the Week - SEED

SEED was another before the bell explosive price gaining stock. Doubling your money in only 2 days. Life is too short for buy and hold or buy and pray. Smart investors like yourself want their stocks to show instant profits from day one. You have 2 options learn the skills yourself or subscribe to my daily BEFORE THE BELL newsletter.

Hit the Ball out of the Park AGAIN!

My before the bell pick JCG was up +7.5% in 1 day. What gets me is investors are buying stocks on a hope and a pray ... WHY?

YOU should be buying stocks that will beat the yearly averages within 1 DAY!

Most fund and pension managers struggle to make 7.5% per year.

When you know what to look for, you can make 7.5% profit per week easy.

DOW, SPX ON A HIGH

DOW, SPX on a HIGH ... 52 week high that is, not the time to buy. We have to wait and see if Mr Market will like the view and climb higher or get dizzy and fall lower.

Should you dance in and out of the markets?

Focus Group Of Traders and Investors - AUDIO

Discussing Jesse Livermore and the question on dancing in and out of the markets.

Great story from Jesse Livermore's Trading days.

http://recordings.talkshoe.com/TC-70323/TS-295377.mp3

Watch out for phoney experts calling time

I've noticed recently some so called experts saying thing like ... why are people bullish on google when it's downtrending.

So I look at the chart of google, it is not downtrending, it's a pullback.

Why can't experts read a chart. Telling people to sell during a bull market ain't smart. When the bull and upward trends end then it's smart to get out.

Everyone knows these so called experts are not independant thinkers and have clients who make the real money at your expense. Learn to read the charts yourself or get an independant opinion much like a second opinion from a doctor.

The markets are in a pullback which may turn bearish or may continue the bullish upwards move, no one knows. We do know that the trend is upwards and it would take at least 2 weeks for the trend to change at least.

It is STILL a BULL MARKET

Why do respected market commentators come out with such rubbish as this:

"I haven't been this bearish in a year. I look at the board and every single stock is up. But there is no fundamental rooting as to why." Meredith Whitney on CNBC

The Trend is UP and bullish with a pullback day today. The PREVIOUS LOW is around 1030 which is miles away from where we are at 1094.40. Does Meredith want investors to short (sell) the market so here clients can make money?

It is totally financial suicide to have AN OPINION ON ANY MARKET ... PRICE TELLS ALL!

SPX Price says we are BUYING BULLS and their is no stopping us ... YET!

If and when price falls below 1030 and doesn't reach it's previous high of around 1107 then we can reassess the situation, until them THE BULLS HAVE IT!

NOTE: WE DO NOT CARE WHY PRICE IS BULLISH, WE ONLY FOLLOW PRICE!

SPX rising, Dollar sinking, Gold Golden

SPX upwards trend corresponds with the Dollar's downward trends. How far does the dollar have to go? Well looking at the dollar index it's previous low around 72, it's currently at 74.5. So it still has some way to go. The Gold upward trend is still in tacted with many commentators like Marc Faber of the Doom, Gloom and Boom report says that we haven't reached the top of the market yet.

When looking at trending charts, a simple way to analyse them is to follow the previous lows and highs. As long as we have higher lows and higher highs the trend is still upwards. When the previous low is broken by the current price, that is a wake up call. The trend MAY be changing so watch carefully.