After a strong start to March 2015, stocks are down a little to open Tuesday's session. If we've learned anything since the stock market hit its lows in March 2009, it's that every dip, in this centrally planned equity market, is a tremendous buying opportunity. Yesterday, with stocks hitting fresh highs, the bond market sold off. In the overnight session, as stock futures slowly pulled back, the US Dollar index hit a new 11 year high.
Here is what I am reading this morning:
Stock futures were falling over the extended Presidents Day Weekend before finding their footing. Stocks look to open the trading week relatively flat from last weeks close. Greece, after years of creating chaos in the market, is not scaring anyone these days.
Here are some great articles to start off your morning with:
Another day, another Central Bank move has lifted stock futures higher. .. go figure. Greece negotiations will resume Monday, stock futures initially rallied on that news, but then fell, but not for long. The BOE is this morning's headliner with more, just buy it baby, type talk. Stock futures are now up .5% . Crude oil is recovering. It's been a nasty two day slide for crude, with some $19 puts on Monday going for over $1.00. The short term 'crash' I was looking for came to fruition. Looks like the Central Banks don't mind letting a few things fall.... which is nice.
Here is what I am reading this morning.
Hi Folks,
I've been working on two webinars simultaneously. The first one, "Bottom Fishing For The Next Winner - Big Bases" this Thursday night, should appeal to our right brained members. Bottom fishing is a tough game to play, as you are normally trying to find life in stocks which people have hated for years (think tech stocks after 2000). This webinar will show you one way how to find that hated stock which is about to come back to life and break out to the upside!
