January 9, 2014
Go to “Investments Core Portfolio” for current holdings.
SPY 1835.00 SHORT TERM Possible pullback. LONG TERM Bullish Go to “Investments Core Portfolio” for current holdings.
The Fed is continuing with Quantitative Easing. And Companies are buying their stock back which reduces the pool size and results in increased share prices.
We are going into earnings season which usually results in a higher stock market. Next week watch the banks to see how they do.
But….the ten year rates keep going up. The stock market does NOT like high interest rates. So we have to see what happens and we MAY see a short term pullback.
What to do. Hold your positions and stay on the look out for bargains. I have been talking about several in the last few weeks. Most of the smart advisors out there are forecasting a 15 to 20% increase in the markets this year.
It is not too late to buy LNCO…….everyone and their brother is positive, once again, on this. For your IRA.
What a travesty:
More terrible economic news hit the struggling American people today when the Bureau of Labor Statistics announced that only 74,000 jobs were created in December, the fewest number in five years. The unemployment rate dropped from 7% to 6.7%, but that is due only to the disheartening fact that 525,000 of the unemployed stopped looking for work. As a result, the labor force participation rate dropped to its lowest point since 1978.
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This blog discusses dividend paying investments that I find appropriate for myself…..and for investors seeking dividends and income. I am not an investment professional. You must do your own research before buying any position. All gains or losses that you realize are based on your choices.