SubscribeAll Posts Tagged With: "correction"
No bones about it: orthopedic stock could outperform
Implants play might see a 50% retracement…
Retail sales are down. Autos and the housing industry are still in the dumps. The financial sector may be under repair – or not. No one knows at this point.
So where is an investor to look for profits in 2009?
Many have apparently given up on the stock market altogether, with record amounts having been pulled out of stocks and mutual funds in recent months.
Historically, bailing out after the market has had a 50% decline has not been a good approach.
Meanwhile, most investors, being buy and hold investors, held through some terrible and stressful losses in…
Resources Hit the Dog Days
Oil is selling in the range of $113 per barrel, down from its recent high of $146. Gold is selling below $800 per ounce, down significantly from its springtime high of over $1,000. With a drop in excess of 20 percent for each item, it’s fair to say that we are in a bear market for both oil and gold.
Prices for other items, like natural gas, coal, silver, platinum, copper, zinc — and even a ubiquitous food commodity like corn — are all down sharply from much higher levels in recent months. So what’s going on with the pricing for…
27Aug2008 | Whiskey and Gunpowder | Comments Off | Continued
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