Life in a Day

24 hours in the Life of the world

Sometimes instead of just listening to and analyzing the darkness, you need to turn on a light.

This short trailer from a National Geographic film, produced by Ridley Scott, directed by Oscar winner Kevin Macdonald brought tears to my eyes.

It simply shows how, across the wold we are all so alike. Here another “teaser” viewed by almost 3 million people

I believe the film opens this week.


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KISS & Stocks

(Keep It Simple Stupid)

If you don’t understand a term look in up at Investopedia.com dictionary

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING!

DOUBLE CHECK ALL DATA, I MAKE MORE THAN GRAMMAR MISTAKES

Index Percentage Volume
Dow -0.70% down
NASDQ -0.56% down
S&P 500 -0.56% down
Russell 2000 -1.24% -

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Technicals, Fundamentals & Analysis

Shorter Term Outlook.

day/days/week

  • Light volume decline yesterday, shows little anxiety over the debt battle in Washington that American Corporate media is hyping to the max.
    • If emerging market growth is the world’s hope for the future, the chart of the major ETF for them EEM is at best NEUTRAL
    • Two of our most successful technical forecasting tools listed below -
    • The McClellan Oscillator (MO) chart fell to -22.10(-30 somewhat oversold, -60 oversold, -90 OMG oversold). We’re starting to approach oversold levels – However – still lots of room for MO to move higher or lower. Current Level = Neutral
    • $USD The Dollar fell slight;y -0.18% yesterday (+/- 0.50 is a significant move and the dollar is usually a contrarian indicator) Dollar has flattened out for 3 days after breaking moving down through a technical support level = Bullish/Neutral
    • Reading The Tea LeavesFor reasons stated last Fridaymy read of the tea leaves is stocks will NOT have as negative a reaction to the manufactured political debt debacle as the US economy, housing prices, inflation, jobs  and economics in the USA does.

    Longer Term Outlook

    weeks, month, months

    • May 20th forecast still relevant. From last Friday CautionChanges in long term outlook are subject to change because the trend is not yet firmly established. It’s a well established fact that both political parties in the USA care far more about their own interests (staying in power) than the American people. Because of this political uncertainty,  we are going to suffer economically and this will be a drag on a stock market that is overflowing with profits.

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    Paul’s Corner

    Hello world, it’s July 26, the heat wave has backed off a bit, futures are flat and the market is about to open, let’s RUMBLE!

    It was suggested to add ZAGG to YSL. As one who just enjoyed a sweet 19% gain in a week I have reservations at the moment about ZAGG. In my ever so humble opinion,  it’s a story stock and needs some strong earnings to convince me it’s worthy of YSL. I listened to the CEO on CNBC and frankly I’m not excited about some of his comments.


    “But but but, look at the chart you say!”  True ZAGG is a real rocket at the moment but look closely,  it’s very extended and needs to pause and refresh a bit.

    An easy way to determine if a stock is too extended to own/buy, is to pull up a chart  and plot the 200 and 50 day moving average. Currently ZAGG’s  200 DMA is 9, when a stock’s price doubles from the  200 DMA, institutions usually unload a stock. So if we double 9 we get 18 as an extended target and ZAGG is almost there.

    Another way to set an “extended”  target for a stock is to add 50% to the 50 DMA. ZAGG’s 50 DMA is currently 12 so if we add 6 to 12 we get a target of 18, and once again we are almost there.

    At the moment ZAGG is a  wee bit extended for anyone except a seasoned day trader and it finished with a hammer candle Monday and a hammer usually indicates a reverse direction of the stock. If you are interested in ZAGG, at least WAIT for earnings (Aug 8)  and then place your bet!

    The right wing nut jobs paint Georges Soros as some sort  of Liberal con man who controls the media for liberal causes. An interesting article this morning from Bloomberg paints a very interesting picture of Soros. A most interesting read.

    LINK

    This is a short report this morning, I spent Monday at Knoebel’s Grove Amusement Park yesterday with my grand kids and got in late.

    So what’s the market going to do today, the President and Congress are near a deal, is this a new morning in America? Let’s load up ThinkOrSwim………here we go folks another day of fun!

    Remember, you are responsible for your investment decisions, and I am not.  Please do your diligence, and please take ownership for your actions because I‘m sure not going to. Remember keep your words sweet because you never know if you’ll have to eat them later.

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    Current Positions

    Below – Investors411  hypothetical portfolio that should outperform the S&P 500.

    NLY - Annaly Capital Mgt. Ultra high dividend stock - Has dipped down into buyable position. Caution if we do have meltdown over debt crisis this stock will take a hit.  However through 2008 meltdown it still produced a double digit dividend. Warning –  Took a big hit yesterday as did all the stocks in this sector. Down -2.66%  Unless you have some protection NLY and all these stocks like AGNC etc in the ultra high dividend sector are in trouble. Jim Cramer disagrees

    In  my personal portfolio I have a Put position to protect NLY -

    All the blow concepts are at least, in part,  considered of the potential of a US default

    GLD & SLV - Gold is at a new high

    UDN & UUP - Considering holding UDN – An ETF that shorts  the dollar. Another possibility in “Puts” on UUP – An ETF that is double long the dollar. Both have moved flat

    BZF - ETF that tracks Brazil’s currency. Big breakout to new highs

    Disclaimer Personally I own  a group of dividend stocks (also a couple other long term investments) including NLY. I have placed puts on one ETF of a major index and a couple of dividend stocks. I dropped one short position yesterday. I buy everything in the hypothetical Investors411 portfolio.

    JS in the comment section has used the term ”insurance” to describe the way ”Puts” are used protect long term investments. – email me if you want to know more or post a question in the comments section.

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    See POSITIONS Section of blog for ideas

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    Look for an enlightened Paul’s Corner every Tuesday & Thursday and the always informative Comments Section every day.

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    Longer Term Outlook

    CAUTIOUSLY BULLISH

    AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING

    ALL TRADING INVOLVES RISK AND POTENTIAL LOSS OF PRINCIPLE

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