By Jared A Levy Watching yesterday’s market action, I realized that we are indeed in a bearish trend. I noted this a week or so ago in my article referencing technical indicators that were recently violated to the downside. As the S&P 500 Index (SPX) continues back toward its July lows, which are just above … Just When You Thought Things Were Looking Up…
by Jared Levy on August 26th, 2010 One of the toughest things traders can do is admit defeat and just exit a losing trade, especially when they or their families are depending on trading income to live. From the perspective of market pundits or advisers, it can be even worse. Not only does their livelihood … Options Trading Pointers: Pitfalls to Watch
How to Earn 18% Without Buying a Single Stock Jared Levy, Editor, Smart Investing Daily Monday, August 23, 2010 I recently put one of my townhomes on the housing market to sell. It has been completely remodeled and is in a great location at a price that is the lowest in the area and … From Smart Investing Daily – Housing
If You Like Gold’s Rally, Silver May Not Be Far Behind Jared Levy, Editor, Smart Investing Daily Wednesday, August 18, 2010 Last week I wrote about how gold may not only be a great investment for the short term (it’s up another $20 since my article) but also has excellent prospects for the long … From Smart Investing Daily
By Jared A Levy I believe the answer to the titular question is, “not totally.” There are glimmers of positivity, at least in some areas. Earlier this week, we got a look into charge-off rates from the major credit card issuers and the news was positive overall. Discover, JP Morgan Chase, American Express, Bank of … Is the American Consumer Doomed?
By Jared A Levy MTLQQ – “Motors Liquidation Company” – is the somewhat cumbersome ticker symbol for the entity that was set up to liquidate General Motors’ assets in bankruptcy. It is in no way shape or form connected to the “new GM” that will begin trading later this year. According to Reuters, this new GM … General Motors (GM) Returns to Market (Don’t Get Lost in the Pink Sheets!)
I was right on RIMM from last weeks reccomendation to cover any long positions Also Corn continued to rally. I suggested selling some covered calls against POT postions at the 145 level, as I see a top of $150
An Easy Way to Buy Real Gold in Your Brokerage Account Written by Jared Levy, Editor, Smart Investing Daily Friday, August 13, 2010 11:46 The second week of August is proving to be a volatile one for the equity markets. After the Federal Reserve’s extremely unexciting intention to begin using the proceeds from maturing … From Smart Investing Daily – An Easy Way to Buy Real Gold in Your Brokerage Account
by Jared A Levy The Federal Reserve partially confirmed Tuesday what we already knew (with respect to the state of our economy) and failed to change interest rates. Ben Bernanke et. al. did, however, state their intentions to begin using the proceeds from maturing mortgage bonds acquired during the crisis to keep its holdings of … A Technical Look Moving into Next Week