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Showing posts from July 26, 2009

Common Sense Economics

Good morning everyone. I did not post anything yesterday. I was feeling sleepy and groggy, ugh- allergies! OK, who cares. Lol. Let's get this show on the road. Today, I am expecting a slight rebound in the markets. The keyword is 'slight'. I believe that the recession is over but many Americans feel that it isn't, even though the current administration has done enough to avoid a worse scenario. I spoke with local real estate economist Todd McKissick who suggested in a series of articles that foreclosures, the health of the corporate credit markets and continuing rise in unemployment may dampen any kind of serious recovery. Although true, the economy as a whole is on the mend. Albeit, it has been a mixed bag by many companies based on the health of the earnings being released this quarter- meaning, it could be worse. Many firms have been able to protect their margins and grow because they have reduced their payrolls, put capital spending projects on hold, and reduced

UCS Morning update

I am trying to clear the fog from my brain. The brain juices are not flowing today, yet. Another day of earnings announcements; Sotomayer's nomination vote; health care wrangling before the August break and so forth. WSJ Before-the-bell reports a lower opening this morning. As of 10:14 AM this morning the Dow Jones was down about -54 points. I will be focusing on technology sector ETFs today. I found an interesting article on technology ETFs by Deron Wagner , who is looking for technology ETFs to make a pull back . I thought his technical analysis was sound and may be worth a read. 7/28/2009 10:25 AM

UCS Morning Update

Good morning everyone. I hope everyone had a great weekend. Get ready for another crazy week with back to school is right around the corner. WSJ Before-the-bell reports a flat opening with many companies still on tap to report their earnings for the quarter. As I mentioned in my last post on Friday, its a wait-and-see strategy for me, at least for the first few days of the week. Our focus is still in the technology , and pharmaceutical sector with energy stocks not far behind. I will be adding a new format over the next few days with a daily scheduled online web meetings on ETF funds or stocks that we believe have the potential to make you some money or add value to your retirement portfolio. 7/27/2009 9:49 AM