Vegan Investing & Growth Portfolio Blog
Thinking Recession? Not so fast……….
Nonfarm payrolls increased by 103,000 versus consensus of 60,000. Private sector hirings increased by 137,000. August payrolls were revised higher by 57,000 and July was revised higher by 42,000. Despite these readings the unemployment rate remains at 9.1%. But in...
Returning to the TZA
Small cap stocks have been decimated in this Bear Market and the TZA has been good to us when the timing is right. Oscillators are back to prime position to return to the TZA. I've added them to client accounts in prices ranging from $46 to $45 this morning. Will...
Ringing The Register on BGU
I'm selling off our shares of BGU that we bought a few days ago between 44 and 42 for $49.12. I believe we will have a trendless market for the next several months and that in this environment trading individual stocks is far too difficult. Indexes are the way to...
Looking for little more than a bounce
Well it looks like I sold the TZA prematurely which reminds me of a old time trader who once said "I tend to buy too late and sell too early". The moral of the story is perfection is unattainable in investing but if you book profits on a high percentage of your...
Recession or Not….more downside to come
If it isn't enough to bear after hearing the news that Ashton Kutcher no longer follows Demi on Twitter the esteemed Economic Cycle Research Institute says we're in a recession. Surprisingly this has met some very intelligent opposition in none other than Doug Kass...
Markets trading heavy
We are still holding the TZA which is now at $52.9 in most client accounts, for a very nice $8 gain in just a few days. At present I've entered a stop order to sell at $52.5 to preserve our gain in case the markets give up like the Red Sox in the 9th inning. The...
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