The Market So Far In 2009... Not What You Might Expect
Published: Sun, 01/18/09
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The Market Toolbox : You are receiving this e-mail as a part of your free subscription. If you would like to change your e-mail settings please follow the instructions at the bottom of this e-mail. Welcome To: The Market Toolbox Intelligence Report Download The Desktop Financial Portal <-- FREE! IN THIS ISSUE Dear Toolbox Readers, This week I want to look at where the big moves have been so far in 2009, but first we have a little housekeeping to do. For starters, there will be no show this Sunday Night as the trading week won't start until Tuesday, so we'll be doing the show Monday Night at 8pm Eastern Time. Also, I want to mention that Research Lab memberships have been moving pretty fast and I am not sure how long membership will still be open. Now let's take a look at the market so far in 2009. In the world of currencies, the US Dollar has been holding up pretty well. We will have to wait and see if the inflation or deflation scenario dominates as we move forward. There is a great case to be made either way.
As we look around the globe for foreign market ETFs so far we'll see just two countries up and the rest look like 2008 all over again.
I looked through the sectors for signs of life and all I could find was a small gains in BioTech (BBH or PBE) , Oil Equipment (XES) and Retail (XRT). Literally every other sector is down and its looking really bad for financial's, regional banks and Insurance with losses ranging from 10-30% already in 2009. Would you like to hear the good news? If you had been playing "short" by taking "long" positions in the inverse ETFs you could have banked some serious gains already this year. Here is just a sample of what you're missing with the leveraged ETFs.
The leveraged ETFs are tricky little trading vehicles... But they sure do make some impressive moves. The are also chock full of controversy. In fact we are going to go in-depth into exactly what are the problems and opportunities with leveraged ETFs on our show The Market Toolbox LIVE on Monday Night at 8pm Eastern Time. If leverage is not your cup of tea you could be up about 5% or more using regular "short" ETFs like SH or DOG, but the PSQ would have only given you less than a 2% gain so far in 2009. Here is what you need to understand. You CAN make money in a down market. Position Trading or Swing Trading is a skill that you CAN learn and it's not really that hard. If you would like to learn how to properly enter and exit positions or swing trades I urge you to become a member of the Swing Trading Club and take control of your portfolio. The Swing Trading Club has some great training videos, awesome trade calculators to help you control your risk and LIVE interaction each day with like minded traders. 2009 looks like it could be an encore performance from 2008 and you do NOT want to take that kind of damage again this year. If you are confident in your trading abilities and would like access to our "in-house" scans and ETF Dashboard, Become a member of the Research Lab. If you have not done so already... Download the Desktop Toolbox Today & Become A Member of The Research Lab Until Next Time...
Best Wishes and Good Investing, Research Lab Premium Membership Includes : We Welcome & Appreciate Members Like You
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