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Tag Archives: Gross domestic product
Radar Report – 8.13.09
13
Aug 09
Dear New World Investor: In the June 11 Radar Report I outraged some of you and, in a June 15 article based on that Radar Report, outraged almost everyone on SeekingAlpha.com, with my statement that: “The recession is over.” I said you should not pay attention to the lagging indicators like employment, especially when cited by an otherwise bearish stock market forecaster as a reason the rally was a fake, manipulated, engineered by the evildoers on Wall Street, etc. In my follow-up in the June 25 Radar Report I pointed out that the strength in the leading indicators and the...
Aug 09
Radar Report – 8.6.09
06
Aug 09
Dear New World Investor: The strongest markets consolidate by moving sideways with an upward tilt. The furious advance that drove the prior upturn flattens out, but all those who are waiting for a major correction to give them a second chance to get on board keep buying the little dips, so the big retracement never comes. By the end of July, the Dow Jones Industrial Average was up 4.5% for the year to date (YTD), and all the Dow Indices (Transports, Utilities) hit recovery highs, confirming a Dow Theory bull market signal. The S&P 500 was up 9.3% YTD, and...
Aug 09
