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By Monty Guild & Tony Danaher, on March 31st, 2011
“Everything is changing. People are taking their comedians seriously and the politicians as a joke.” -Will Rogers
Sell in April and Go Away?
Heading into April 2011, we thought it timely to hoist up for consideration a point in stock market lore that says “sell in May and go away.” According to the Stock Trader’s Almanac, the market has been strongest over the years from November 1 to April 30. That stretch of time has seen average returns of 9.2 percent from the Dow Jones Industrial Index since 1950 compared to an average loss of 1.2 percent . . .
Continue Reading: SELL IN APRIL AND GO AWAY?
By Monty Guild & Tony Danaher, on March 24th, 2011
Unrest and Turmoil = Rising Oil Prices
The continuing political upheaval in North Africa and the Middle East along with the epic disasters in Japan are sowing chaos and confusion throughout the business world. In this week’s newsletter, we will examine just how all this is playing out.
Let’s look at the Arab world first, which is being shaken to the core. Starting with Tunisia at the end of last year, serious civil protests, armed conflict, and unprecedented criticism of repressive governments have erupted in places like Egypt, Bahrain, Yemen, Libya, and Syria.
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Continue Reading: U.S. DOLLAR HEADED LOWER SO PROTECT YOURSELF
By Monty Guild & Tony Danaher, on March 18th, 2011
We send our condolences and prayers at this very difficult time for the Japanese people and for the nation.
Although this is a huge tragedy with many complexities, Japan is a strong and vital nation and the Japanese people are often at their best during times of crisis. We point out that Japan’s central bank, the Bank of Japan, took the correct action to add liquidity to markets. The Bank of Japan had been acting more expansively for months, and the events of this past week ensures that they will continue and accelerate their expansionary monetary policy. We expect . . .
Continue Reading: JAPAN
By Monty Guild & Tony Danaher, on March 14th, 2011
This week’s letter is short. As we have mentioned in the past we believe that oil will go to $150 per barrel this year and we believe that this will be promulgated by a possible change of regime in Saudi Arabia and other oil-producing states in the Middle East and Latin America.
Accordingly, we are taking profits and closing our buy recommendation on the U.S. and Canadian markets at this time. We continue to recommend Japan and Australia because we do not want to sell Japan during the earthquake aftermath; we will wait for a bounce in the stock markets in this region.
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Continue Reading: SELLING U.S. AND CANADA AND CONTINUING TO FAVOR OIL AND GOLD
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