Jeff Immelt/CEO of GE

Prius of Power

The giant American conglomerate GE plans to open a hybrid -solar, wind, and natural gas - energy plant that can supply energy for 600,000 homes by 2115. “Imagination at work!”

Jobs, cleaner energy, no nukesBravo GE -Just where is this American company putting this energy plant?

Wait for it. Wait for it. Wait for it - ……………………………………………………… Turkey. Remember the head of GE, Jeff Immelt,  is also the head of Obama’s commission on fixing unemployment in the USA. Thanks Jeff. Great choice Barack

YOUR Comments

Yesterday, in the comments section of the blog you (JS, EW Paul & Popeye) had a lively debate (scroll down) on Germany and Unions. Also lots more on stocks.

Media Matters

The HUGE preponderance of scientific evidence supports human causation as a major factor in climate change.

Yet in the period from Dec. 201o to April 2011 76% of the appearances of guest were against human’s as a cause for climate change. This of course was led by the FOX news outlets.  In a contest of Scientific vs. Media saturation who wins?

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KISS & Stocks

(Keep It Simple Stupid)

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

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING!

DOUBLE CHECK ALL DATA, I MAKE MORE THAN GRAMMAR MISTAKES

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Index Percentage Volume
Dow -0.18% Flat
NASDQ -0.97% Up
S&P 500 -0.42% Flat
Russell 2000 -1.19% -

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Technicals, Fundamentals & Analysis

  • Mirror image of melt UP experienced from November to May. For the last 6 days we have had a melt DOWN in declining below average volume. Complete pattern reversal – From Yesterday - Markets from the introduction of Fed QE 2 moved higher on weak volume, now [with the impending end of QE #3] they are moving lower on weak volume ( Note – NASDQ did have slightly above average volume)
  • Emerging Markets, especially China are the world’s hope for growth. China is experiencing Inflation = Almost always inflation is bad for stocks.  Three views SF Chronicle & Reuters CNBC If the worst of these happens (CNBC) and “China’s inflation gets out of hand” we are all in trouble.
  • The McClellan Oscillator (MO) chart fell to -63.83.  US Stocks are oversold. A “snapback” oversold rally is possible.
  • MO did reach -90 in March and - 130 last May after the end of QE #1.

  • Reading The Tea Leaves -There is a high probability that we will reach -90 to -130 on the MO this summer. Still holding to May 20th forecast for this summer.


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Paul’s Corner


Oh The Pain and Agony!

This market keeps ticking off, and it’s extremely over sold, we should have a decent bounce any day now. Yup any day now! Any day now fer sure! Although volume was up yesterday we still haven’t had a high volume blow off of a day. OPEC didn’t help at all today and Bernanke’s comments Tuesday seem to have put a few nails in the coffin.

Market internals aren’t getting any better, the only  groups up bedside the VIX were the oils.  60% of the S&P 1500 stocks  are below their 200 DMA, that isn’t good. The MO summation index has turned decidedly down and the MO has more room to fall. SOXS the 3X bear Semi ETF was up 6.1% Wednesday.

The Finance Equity Reits were top  in the high demand search.

Fin-Equity Reit (12.00%, 12 securities)

  • American Campus Communities (ACC)
  • American Capital Agency Corp (AGNC
  • Annaly Capital Management  I (NLY)
  • AvalonBay Communities  Inc. (AVB)
  • Camden Property Trust (CPT)
  • Digital Realty Trust  Inc. (DLR)
  • Dupont Fabros Technology  In (DFT)
  • Equity Lifestyle Properties (ELS)
  • Equity Residential (EQR)
  • Public Storage (PSA)
  • Simon Property Group  Inc. (SPG)
  • Tanger Factory Outlet Center (SKT)

A lousy day and why not, a search for the best stocks under $10 as selected by HGSI:

  • BDE
  • BNA
  • CERP
  • IMOS
  • CDTI
  • CLFD
  • FTLK
  • GENE
  • KKD
  • MHLD
  • MDF
  • NR
  • QPSA
  • SQNM
  • HCKT
  • TWER
  • WSTL

I have no idea if any of these woofers are worth buying, some have decent charts. You are on your own looking at these stocks.


So what’s the market going to do today, futures are up this morning, is this a new morning in America? Let’s load up Quote Tracker and find out………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.

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Positions

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

SLV/AGQ (very roughly 2x silver) Sold 1/2 for +3% profit. Have a sell order in on balance for 3% loss. Considering selling into rally.

REMX(Rare Earth metals) Investors has a 1/2 position in this ETF. Sold at/near open for 25.31 = -2% loss. Total for REMX trade = -1%

NLYAnnaly Capital Mgt. Ultra high dividend stockCautionNLY and similar stocks are going elliptical  in heavy volume – usually a sign of a climax run – simply put – so many buyers jump in that the stock runs out of buyers in the short term and takes a hit. We saw the same in silver a month or two ago. Another day of heavy buying would be a bearish short term sign. For NLY the 1.04% gain yesterday is HUGE.

IMAX – Imax Corp. (3D)  Sold at/near open for 35.65-2% loss

TZA – (3 tomes short small cap stocks)

Bought 1/2 position in TZA (3x short small cap stocks) at 38.65 on Tuesday   Added another 1/2 position to TZA at 39.75 at/near open yesterday

Will consider adding another full TZA positions on a moderate market rally. Otherwise will add a 1/2 position in TZA on minor rally.

The US stock markets have stapled a message in the head of Fed Chair Ben Bernanke. - We are not going to buy until you give us more liquidity/stimulus.

The question becomes how low can you go?

RepeatTherefore Strategy is clear -

  • Short any rally - Investors411 will use TZA (3X short small cap stocks) and SDS (2x short S&P 500 more conservative) .
  • Sell long positions into any rally -

Disclosure - I own SLV, NLY, & TZA -

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The Fed has moved from an expanding money supply to a neutral – No QE #3. Congress is threatening to contract the money supply. “We [the USA]need to grow at this point more than anything else. Investors411 outlook will remain negative on the USA unless the Fed and/or congress return to more pro growth policies.

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Longer Term Outlook

Neutral/CAUTIOUSLY BEARISH

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING

ALL TRADING INVOLVES RISK AND POTENTIAL LOSS OF PRINCIPLE

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