FRED Alert!

FREDAlert! Volume 3, Issue 5 August 23, 2011 We will take this opportunity to note that, once again, gold has hit our $1890/oz objective on the December 2011 contract and we recommend lightening positions still further, perhaps diversifying into ETFs such as GDX, PSAU, or our old standby favorite closed … Read more

FREDAlert! Volume 3, Issue 4 August 19, 2011 Given yesterday’s trading, we have had a number of questions that we want to address.First: Barring extraordinary market action (which lately has been the norm!), this week should be the lowest weekly close of this down-move. While it is possible that this is … Read more

FREDAlert! Volume 3, Issue 3 August 11, 2011 We have had a number of questions we will answer in this alert. FIRST: We are not giving up on a market rally from here to 1200 to 1235. Wednesday was an inside day (a higher low and lower high than the previous … Read more

FREDAlert! Volume 3, Issue 2 August 9, 2011   STOCK MARKET Given recent market action and questions we will write some notes as an alert to answer these questions.  First: If I were not a featured speaker at a benefit dinner to honor a lifelong friend who passed away recently, … Read more

FREDAlert! Volume 3, Issue 1July 19, 2011 We have had numerous questions on Bank of America (BAC) and the financials. This is likely because of our recent note suggesting that trading below 9.45 would be a problem. Certainly the stock is trading less well than anticipated – but the key … Read more

FREDAlert! Volume 2, Issue 8August 12, 2010   STOCK MARKET Wednesday’s trading generated enough questions that we decided to put out a special note in front of Thursday’s conference call. We will discuss these issues in more depth on the call as well. First, and most important – while we … Read more

FREDAlert! Volume 2, Issue 7May 7, 2010 We wanted to wait until after the open to put out a comment. Obviously yesterday’s action was peculiar, and because of trading glitches it is hard to see where the lows of the day actually were. We give a couple of observations below. … Read more

FREDAlert! Volume 2, Issue 6May 6, 2010   Obviously, we are seeing more volatility and decline than I expected, although the market has been at least declining into the timeframe we have been looking for to establish a tradable low. As far as I can tell, this volatility is occurring … Read more

FREDAlert! Volume 2, Issue 5April 5, 2010 Downlaod PDF Version here We are going to add the following three stocks to our list as of today’s close: HAL, RRGB, and MOS. See below for parameters. Our reasoning is this: The market looks strong intermediate term and two stocks have already pulled … Read more

FREDAlert! Volume 2, Issue 4March  31, 2010 Downlaod PDF Version here We will add Devon Energy Corp – Symbol: DVN to our list on the close today, per normal rules for the list.  We acknowledge this may be a bit early, indeed it is earlier than our plan to buy oil … Read more