We need to get updates so we can buy real life stocks now that the market is beginning to come back.
Who is the official update keeper?
Who is the official update keeper?
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You will get burned if you jump in now with the big money. Still rough times ahead I say, I could be wrong. I'm waiting for a key reversal and I haven't seen it yet, and it doesn't look like it is mcoming in the near future.Comment -
I pretty much already have but incase you missed it look for the IWM, and SPX charts to get above resistance ( yearly highs) with high volume. The market is at that point right now but they need some new money to come back from foriegn markets like Brazil. A look at the new jobs created is going to be a big indicator. People haven't been losing their jobs yet and that will weigh the market down when this happens. Also start looking for the interest rates to start climbing. The stocks and bonds are not sitting correctely right now. Bond yields should be higher, and being that China has the U.S. by the short hairs, I expect that the yields will need to be raised in order to keep the borrowing machine rolling. Geez i'm depressing myself now, but the outlook isn't good, and this being an election year will only make things worse.Comment -
Stocks
Keep us up to date with this; I enjoy the stock market, however, I figure that these few days of gains will all be lost when another set of bad news hits.
I'm sticking with energy stocks right now. Jakk is a good stock -- a little high right now though.Comment
