The S&P 500 Index fell 1.4% today as the Dollar rose! The Dollar rose, yes, that's not a misprint. There were some woes for the Euro, but in addition, I believe that the Dollar is short-term oversold.
There is revised verbiage below concening Futures and ETF symbols. It is in bold italics.
We have two new signals for tomorrow that are shown below.
If you would like to listen to a real financial guru go to the following link
http://www.bloomberg.com/video/70751156/
What do you think of his opinion? He has been right for the past ten years.
Coincidentally, the signals for Monday concur with his opinion.
SPECIAL NOTE on Symbols: Soymeal is SMN11 with no ETF. This is pretty standard. The ETF for Cotton is BAL. This is also nothing new. However, for the future there is a choice. While July Cotton still has the most volume, symbol CTN11, the symbol with the most open interest (or contracts outstanding) is December Cotton, symbol CTZ11. July Cotton sells for around $133 per bushel while July Cotton sells for around $150. Earlier contracts of Cotton this year sold for over $200 per bushel! Which will I do? Usually the choice is easy. Just in case this turns out to be a longer term signal a la Jim Rogers' recommendations, I will choose to follow December Cotton in the BLOG.
https://spreadsheets.google.com/spreadsheet/ccc?key=0AtYsMnbdw73BdDFlMnl0dVhFMlU4ZFk4X1BsTWZZM0E&hl=en_US&authkey=CN2DmwU
If you wish to be notified of new posts, let me know at bassanalytics@live.com. I will send you an email every time there is a new post. Follow us on Twitter at www.twitter.com/bassanalytics. This BLOG is provided FREE of charge. Any views expressed herein are provided for informational purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest. Past performance is not indicative of future results. Investors should discuss any investment with their personal investment counsel. The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy. We may have positions in one or more of the ETFs or futures of the computer-generated signals.
Penny stocks are volatile and they will quickly move up and move down just as quickly. Most people find out about penny stocks through a mailing list and some excellent penny stock newsletters, however, there are just as many who are pumping and dumping.
ReplyDeleteTry to find stocks that you expect to grow rapidly in the future and/or are under appreciated by the market. Keep posting such a great information with us.
ReplyDeleteManny Backus Scam