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Posts tagged with: Financial Crisis

John Nyaradi is publisher of Wall Street Sector Selector, an online financial newsletter specializing in sector rotation using exchange traded funds (ETFs). His articles have been widely published online in "The Guru’s Corner" on MarketWatch.com, Kiplinger’s, ETF Trends, CNBC Online, The San Francisco Chronicle, TradingMarkets.com, Seeking Alpha and many others.  In this interview, I discuss with him the strategies investors should use to weather the financial crisis.
BIK | comment
 

I know it may seem like a horrible Halloween prank, but stocks may stay volatile for another 2 weeks.

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In this week’s issue of Investment Expert Insights, we interview Tom Lydon, editor of ETFtrends.com, president of Global Trends Investments and author of iMoney: Profitable ETF Strategies for Every Investor, a book that guides investors through the benefits of exchange traded funds and provides useful advice on how to incorporate them into their portfolios. 

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In this current market morass, a lot of investors are looking to move to cash. Unfortunately, cash isn’t as safe as it once was.


 

Stock prices should continue to be volatile as investors try to find the right balance between valuation and recession. Of course, that doesn’t mean you can’t find some solid, long-term buys.

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Like many of you, I was around for the bear market of 2001-2002. The summer of 2002 was unlike any sell-off I’d ever seen. I thought the 1,944 point drop on the Dow in 12 days of July 2002 was as bad as it could get.  Until now.

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The fact that it wouldn’t be good for my blood pressure aside, do we really think that stocks can simply move back to their prices of a few weeks ago and everything’s suddenly hunky-dory? No, trepidation and caution are always good traits for investors, especially these days. Profit-taking when you have the opportunity is a good thing, too.

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Now that was a good old-fashioned rebound. The Dow Industrials jumped a record 936 points, or 11%. The NASDAQ was up 195 points.  Of course, with the bond market closed for Columbus Day, stocks pretty much had a free pass yesterday. Despite the nice point totals, I still have to wonder if these gains will stick over the long term.

Though we’re in the eye of a global financial storm, Horacio Marquez still sees opportunity in its wake. Marquez, who is an emerging market specialist and editor of the Money Map Report, and Money Map VIP Trader, likes the strength and resiliency of Bank of America (NYSE:  BAC).

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After a full week of waiting for buyers to show some kind of strength, we finally saw it on Friday. Sure, the day started off looking like another rout as the Dow plummeted nearly 700 points to 7,882 right out of the gate.  That plunge proved to be too much for the buyers, who took control and ramped the Dow 1,019 points before settling for a 126 point loss on the day. Thus finished the worst week in stock market history.

 

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You won’t find a better guide to profiting in these volatile markets than Benson George. He’s a seasoned trading veteran, having learned the ropes in the investment banking world, where his analysis helped businesses streamline their operations and boost profitability. In this exclusive interview, I ask Benson for his advice in trading a volatile market.  He also provides me with his two top stock picks.

RAH | 1 comment
 

Ahh, the newsletter crowd is getting bullish. My inbox is full of stock-picking gurus saying now’s the time to be bold and buy stocks. Fear is rampant, they say. Distant relatives are calling in the wee hours asking for advice. The VIX is at an all time high. 59% of respondents to a CNN poll feel a depression is either very likely or somewhat likely. And you know what? I agree. About being bullish, not about depression.

BAC | 2 comments
 

 

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