Huge week ahead. There are a number of big earnings reports this week from the government and a number of big corporations such as Priceline. These reports will give everyone a good idea of how strong our economy has been doing. If news is good look for the market to continue to break new highs. If news is bad it is very likely the market will pull back slightly. From my research, oil is looking to the upside for the month of March, so fill up those gas tanks now! During the past two weeks oil has shown very aggressive bullish tendencies and we expect them to continue for the near future. Have a great week everyone!
A lot going on this week in Middle East and Europe. Any news either way will like send the market in that direction. We are hoping for good news, but at some point the Greece and Iran issues are likely to be a worldwide problem. Watch out for Oil, Gold, and Silver. I’m looking for oil to be at the start of a huge bull market!
Hey everyone, the moment you have been waiting for all day, B Money’s weekly stock picks. Even with some of the pull back last week in the general market, many of the stocks on last weeks watch list were still gaining ground. We also mentioned that the market would start seeing some pull back last week, and that too was confirmed. That being said, the near future will be good for stocks due to the monetary easing of all major currencies by their governments. If you have not began researching alternatives to paper currencies, it is suggested that you look into gold and silver. Many financial “gurus” believe 10-15% of your cash should be in metals as a hedge to inflation and monetary easing. I suggest GoldandSilver.com as one resource.
This week’s list is smaller than last weeks. This is usually a sign that the market is losing steam and could show some bearish tendencies. Hopefully Europe can stay a float and not bring all the other markets down.