Well, I predict the big news today will not come from Europe. Looking into my crystal ball, I see jobs, not a huge amount, but more than I have seen in a while. Yes, yes, I see the news today will be about jobs …
If I might step out onto a limb here, I see the tide of Europe receding, in terms of big news. Yes, currently the tide is still high, and I expect more than a rogue wave or two to crash upon our shore, but in the next few weeks, the water level will drop somewhat and then after that the tide of bad news will slowly works its way out. Now, if I am wrong, it will be because the receding tide I now see is simply the massive water draw that builds the tsunami. Europe could still collapse, but all signs right now are pointing to a resolution the market will like.
Now, if I am right, and there is no tsunami, then economic news such as today’s employment report will be the tide coming in, and if that continues to improve, the market will turn its full attention to what it knows, understands, and wants to see – corporate profits. The focus of the market will become economic fundamentals and, good or bad, those will determine market direction. This new mindset could go on for some time, well, for a while, well for a bit, well, at least until the U.S. politicians start blathering about the U.S. debt and the market starts fretting about partisan politics taking us back into recession … Now, here are some thoughts from the folks out there.
I like watching the videos on this site, as they are very informative and they provide me some good trading ideas.
That is good, because I know how much effort goes into the educational materials for this site. I know the motives behind the folks here at TraderPlanet, and I can tell you those motives derive from a real belief that education is one big key to helping traders and investors succeed.
I am looking for individual stocks to invest for a very short period in my retirement account. I am already retired and also tired.
Some days I feel the “tired” you mention, which, I believe, is a different tired than say riding a horse for seven hours, or hiking uphill 10 miles. As to your stock search, you suggest your time horizon is short and you have little motivation. I suggest you find an advisor and get yourself into a broad-based mutual fund that pays dividends, at least in the short term.
It appears that you might, just might be right. Common sense may trump politics in Europe. I also appreciate the balanced approach you have taken on this subject and suggest that you translate your article into German and disseminate it to the “public” there. My continued hope is that your essentially optimistic “take” on things will come true. As always, thank you for the excellent educational content.
Readers such as you make my day, make me feel good when I hear from you. I thank you for taking time out of your busy day to articulate your feelings clearly. I also hope my “optimistic ‘take'” is the correct take. As always, we will see … Now, a bit more good news …
U.S. auto sales rose 14% in November, paced by gains at Chrysler Group LLC and Volkswagen AG, as consumers returned to showrooms even without the lure of a big year-end sale.
Trade in the day – Invest in your life …
