Nightly News Links

US Economy:

Recessionary Impact: Fewer Shopping Trips and Less Spending Per Trip (NielsenWire)
A consistent pattern of reduced shopping trips continues to be a major element of consumer’s economic coping strategies. In the latest battle for share of wallet, those retailers who satisfy consumers through differentiation will gain more of less. Retailers’ focus on store brands and price cuts helped keep spending levels in check driving more value for shoppers.

Gen X,Y Will Lead Economic Recovery (PWC)
As a result of recession-shrunk Baby Boomer household wealth, Generations X and Y will fuel the shopping growth needed to spur an economic recovery, according to [pdf] a new study from PriceWaterhouseCoopers and Kantar Retail.

ISM Services Jump (Econompic)
"Business conditions have returned to normal (pre-recession). Our business is up significantly since 2009. We are very positive about the upcoming year. "The economy appears to be holding its own; however, state and local funding is projected to decrease next fiscal year." (Educational Services) "Brisk business activity continues as more projects get 'green light.'" (Utilities) "Observing some relaxation on several fronts regarding spending and hiring. Still very cautious, but making investments where they make sense." (Retail Trade)

World Economy:

Greece 10 Years Back To Crisis Levels As Germany Refuses To Subsidize Greek Interest Rates (Zero Hedge)
Greece has been largely forgotten by the media over the past 2 weeks. This is somewhat perplexing in light of what is happening over in Europe: 1) Greek 10 Year spreads are back to crisis levels, hitting 6.53% today, 50 bps higher than the sub 6% reached in early March when speculation that the EU would fix everything; 2) German disagreements with other eurozone countries on the shape of the Greek bailout are getting more acute by the day, and this is nearly a month after the European "bailout" has been announced.

Interesting Links:

Facebook vs The United States (InfoGraphic) (Mashable)
To find out more about the average American Facebook user and how he or she compares to the average American, we dug a little further. After crunching the numbers and comparing the data, this is what we found (Check link above).

Wikileaks leaked video of Civilians killed in Baghdad - Full video (!Warning! Video is Very Graphic)
After much speculation that it was nothing but a red herring, Wikileaks, which has recently gotten some substantial press coverage on both sides, has finally released a classified video leaked by "a number of military whistleblowers" which depicts "the indiscriminate slaying of over a dozen people in the Iraqi suburb of New Baghdad, including two Reuters news staff."

www.youtube.com/watch?v=5rXPrfnU3G0

Sorry for missing a few days of recaps but with the April Fools combo and Easter I wasn't able to.
Have a Good Night

-K

IWM upgraded to BUY on Apr 01 at $68.43     (SELL Mar 19 at $67.41)
DRYS  upgraded to BUY on Mar 29th at $5.88  (SELL Mar 25 at $5.66)
SRS upgraded to BUY on Mar 31st at $6.04        (SELL Feb 16 at $7.83)
REW upgraded to BUY on Apr 1st at $21.06      (SELL Feb 26 at $23.86)
DIG upgraded to BUY on Mar 30th at $34.27    (SELL Mar 19 at $33.97)

URE   downgraded to SELL on Mar 31st at $8.14    (BUY Feb 16 at $6.38)
JNK   downgraded to SELL on Apr 1st at $39.51     (BUY Feb 17 at $37.97)
HYG   downgraded to SELL on Mar 31st at $87.50     (BUY Feb 17 at $85.38)
DUG   downgraded to SELL on Mar 30th at $12.36     (BUY Mar 19 at $12.40)
SMN  downgraded to SELL on Mar 29th at $6.99     (BUY Mar 19 at $7.37)

Disclaimer:
I am only giving the latest signal for the stock mentioned. Use at your own risk and make sure to take the date into consideration. If you have been trading for a while you should have realized that relying solely on the strategies of others (think Analyst Opinions) will lead to failure so please only take the signals I provide just as another indicator in making your informed BUY or SELL decision. Now go Make some MONEY!

Have a good weekend.

-K

IWM   downgraded to SELL on Mar 19th at $67.41  (BUY Feb 11 at $60.58)
AAPL downgraded to SELL on Mar 19th at $222.30   (BUY Feb 25 at $202.00)
DIG   downgraded to SELL on Mar 19th at $33.98      (BUY Mar 1 at $33.09)
DUG  upgraded to BUY on Mar 19th at $12.40            (SELL Mar 1 at $12.80)
SMN  upgraded to BUY on Mar 19th at $7.37             (SELL Feb 9  at $9.26)

And Mitch, I tried to add MGI to the current picks list per your request on the comment box, but right now it's been stuck in a range and gives more than one signal a week (one too many considering I only do weekly updates to the page) I will keep an eye on it once it breaks the range.

Disclaimer:
I am only giving the latest signal for the stock mentioned. Use at your own risk and make sure to take the date into consideration. If you have been trading for a while you should have realized that relying solely on the strategies of others (think Analyst Opinions) will lead to failure so please only take the signals I provide just as another indicator in making your informed BUY or SELL decision. Now go Make some MONEY!

Have a good weekend.

-K

Normally I would just update the current picks page but this time around I have decided to make a blog post.
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Market Indices and other important Quotes
(Note: I understand you can’t purchase an index so bear with me these are just signals)

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The Rest of the Symbols (More will be added per request)

The VIX  ETF signaled a sell before the rest of the signals came in the following day. That is interesting.

-K

This page is intended to provide buy and sell signals given by a strategy.
Those who like my calls can follow or at least consider the alerts; those that think this is all fake can keep opinions to themselves and check the info page.  Amount of time in the market using this system is about 38% on average which means you are not in at all times. It is not a buy and hold strategy nor is it a day trading strategy unless very rarely a buy and a sell signal occur on the same day.

I am only giving the latest signal for each stock mentioned. Use at your own risk and make sure to take the date into consideration.

Market Indices

More Symbols

Previously: Is The Oil Bubble Ready To Burst?

Since July 7, 2008 until July 16, 2008, (DUG) has gained well over 20%. This is certainly not a burst of bubble but it is interesting to see whether it'll sustain for a longer term.

If you invested on (DUG) or have any comments please feel free to comment.

I have seen oil run up like many of you have but without owning a car it hasn't hurt my wallet yet.

I've been thinking of investing in an oil shorting stock (Exchange traded Fund in this case.)
Symbol: (DUG)   which bets that oil will go down. The ETF that bets for oil is (DIG) and the top 10 holdings are listed below.  DUG basically almost shorts all those companies and more.

Source: ProShares

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Here is my usual chart showing the trend reversal the past few days.

It broke through the 50 day moving average and might make a modest run.

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An interesting chart showing that the oil price has touched base with the total oil consumption just like the 1980's bubble.
Source: SmartEconomy
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Disclaimer: I have not invested into DUG yet but it is getting very interesting.