Mon, 24 April 2017
We touched base with Avi Gilburt, an expert cycle trader. He's adamant that the market is headed higher, as high as 2600 for the S&P and even more so for the Russell 2000. Gold is facing one more test/shakeout, perhaps very shortly and then will begin a major new move upward. Oil is going to shock the experts and could hit $60 a little later in the year. Finally, the greenback is in a multi-year consolidation period. It's gone about as high as it's going to for now. An exciting forecast for exciting markets. |
Mon, 24 April 2017
When Puerto Rico went bust last year Uncle Sam was there to give PR a temporary bailout. Can the all of the states' chronically underfunded pension plans expect the same? Illinois and NJ are getting close to the tipping point, so something will have to be done sooner rather than later. Playing the downside on these bloated markets will eventually reap huge rewards. But can a non-professional investor win big? Probably not as much as the real pros. There's nothing worse than being right at the wrong time. We've all been there. A note about those leveraged ETF's. They can hurt you big time due to their reliance on options, which lose value and become worthless over time. There's no clear disclosure on the topic so you need to know before investing/gambling. |
Mon, 24 April 2017
The behind-the-scenes heroes of America’s military will surprise you… did you know that war dogs have been a major asset to our brave troops overseas?
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