Zacks highlights commentary from People and Picks Member «MightyMo».
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Featured Post
What’s that in the horizon? Is that, could it be…a Black Swan !
This 5 day rally before the 4th of July is nice, especially nice for me with 17 securities being held…….. BUT………..there are FOUR black, and I mean super black, mean clouds on the horizon..that could turn into all into a Black Swan.
.What I am talking about is the overall US weaken economy, the Jobs data with very high unemployment, houses going down in value and going unsold, and fourth, the US own debt crisis in August.
People are not working !
Housing are not being sold and values continue to descend !
The US economy stinks…gas still too high, QE2 ends, debt ceiling crisis in August, even lower dollar ! and……inflation could raise it’s ugly head !
If your plunging into the market now going long, you better get yourself some protection (insurance). I suggest protective options.
The most recent picks by «MightyMo» are:
A buy rating on Panera Bread (PNRA)
a buy rating on Caterpillar (CAT) and
a buy rating on Baidu.com (BIDU).
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