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Monthly Archives: December 2008

Reviewing the SNaC System

December 31, 2008
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This year has certainly been a wild ride for investors, the volatility in the market has been extraordinary, we’re “officially” in a recession and the financial landscape has been dramatically altered. But we’ve been here with you through it all, giving you our best advice. Today, and in several other posts, I’m going to re-print some of the pieces we’ve written in the last 12 months both here on our blog and in our free email newsletter, Cabot Wealth Advisory. Think of it like reviewing before a test–while there’s no pop quiz at the end, there are always new...

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Myriad Genetics: Base Building Now … Big Gains in 2009?

December 30, 2008
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So what’s a potential leader? I could write about some of the (very few) stocks that are hitting new peaks–only 14 stocks hit new peaks on the NYSE and Nasdaq on December 18, for instance–but instead, I’m highlighting a company with huge growth, a big story, and whose stock is in the sixth week of building a good-looking base. It’s Myriad Genetics (MYGN), which I know has been mentioned in past Cabot Wealth Advisories. To review, the company is the leader in the new field of cancer predisposition testing. It has five tests on the market that tell patients...

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Mr. Market Turns Up

December 29, 2008
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Now on to my real passion–the market, which has been acting better the past few weeks. It’s been shrugging off bad news. It’s been reacting positively to good news. And all this positive action was happening even before last week–before the Fed’s big move. Let me be blunt: I believe the Fed’s change in stance, especially its move to buying long-term U.S. Treasuries and Agency bonds, could be the catalyst that propels the market higher. In a way, it’s almost as if the Fed has stopped targeting the overnight interest rate, and is looking to target the mortgage rate....

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A Few More Words About Social Security

December 28, 2008
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A few weeks ago, I wrote about an out-of-the-box solution to part of our Social Security problem–that is, how to pay for so many benefits as our population ages and lives longer.   I received many great responses, but most of the critical ones centered around one idea, which is espoused by the following two emails:   “OK so you pay off all these people with trillions of dollars and buy out their social security and in 10 years when these people have blown/mismanaged this cash they end up on welfare and the government ends up supporting them anyway!...

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The Future of Small-Cap Stocks

December 27, 2008
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I recently had the opportunity to talk to one of ours editors who you don’t hear from regularly in Cabot Wealth Advisory, Thomas Garrity, editor of Cabot Small-Cap Confidential. Today I’ve got a Q&A to share with you about why Tom prefers to invest in small-caps, what he thinks the best investment strategy is now and in the long-term. I hope you enjoy it! (Interesting side note: The Russell 2000 index of small-cap stocks pushed above the 50-day moving average on December 17–the first time since the market collapse began in September.) Question: Tell me how you got into...

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