Posts Tagged ‘stock_market’
Two Stocks For A Down Market
Well I already mentioned STZ, but here are two more. TNE, Tele Norte, a telecommunications company in Brazil, and FDG, Fording Coal Trust. Both of these look good when the stock market turns south.
Bernake Speaking At 10 AM
Bernanke is set to address the Kansas City Federal Reserve’s Economic Symposium in Jackson Hole, Wyo., at 10 a.m. ET Friday. His remarks follow a couple of weeks of rising concern in the financial markets about the slowdown in the U.S. economy, particularly in the housing sector.The Fed left rates unchanged at its Aug. 8 …
Decided To Be Short
I took a hefty 50% short Friday at the close in the Inverse Dynamic OTC fund. Looking for a pullback in the NDX over the next 3 days. The stock market closed up considerably this week despite it being options expiration week. The trend looks strong, but parabolic. We are susceptible to a sharp move …
