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Markets

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Technical Market Report for May 22, 2010

May 23, 2010 at 18:56

The market is deeply oversold and due for a bounce. I expect the major averages to be higher on Friday May 28 than they were on Friday May 21.

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Is The Euro and The Rally In Gold Over?

May 23, 2010 at 18:37

Countries bailed out the banks. Now who is left to bail out the countries? While the decline in the euro appears to be very close to being over, the fundamental…

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The Federal Reserve Does NOT Control the Market

May 23, 2010 at 18:22

As the world's leading stock markets continue to play stomach-hockey with investors via one triple-digit turn after another, the mainstream community takes solace in this core belief: No matter how…

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Investing Wisely -- Update with Recommendations and Personalized Follow-Up

May 23, 2010 at 18:06

It was just a week ago that I shared that we could possible take Bear Market positions during this past week, but that was not to be. As you know…

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Stormy Seas on the Atlantic

May 23, 2010 at 17:50

The European Union's debt crisis, the threatened collapse of its fledgling 'euro' currency, and the uncertainties created by the UK elections may seem very far removed from the American ship…

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Gold Technicals: Keep Your Eyes on The Ball

May 23, 2010 at 17:32

Gold hit $1166 last night. The "count" is now $84. That's a key number to focus on. The more that number grows while you take NO action on the buy…

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Fact vs. Fiction on Today's Economy

May 23, 2010 at 17:13

There is a lot of "noise" being tossed out by the politicos and their preferred pundits about how the U.S. economy is on the mend. Thus it is important to…

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BP Gets Pass From Obama Administration To Potentially Pollute Lake Michigan

May 23, 2010 at 16:55

The Obama administration, already charged with providing political cover for BP in the Gulf of Mexico mega-oil disaster, is also charged with allowing BP to renege on agreements between the…

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Inflation-Proof Deflation Hedge

May 23, 2010 at 16:40

Knowing how governments will respond to deflation, the case for inflation-proof gold looks increasingly clear to cautious wealth...

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Only A Matter Of Time

May 23, 2010 at 16:19

European debt problems have become the center of market attention. However, it is only a matter of time until markets turn their focus to the financial problems of larger countries…