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Monthly Archives: March 2010

Priceline.com: A Great Travel Stock

March 30, 2010
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Priceline.com: A Great Travel Stock

As to the stock market, these are the best of times.   Period.  The bull market is healthy, consumers are buying again, and there are dozens of quality growth stocks hitting new highs.  I’m talking clothing, restaurants, entertainment, even automotive accessories.  But today I want to focus on travel. Just two weeks ago, in her edition of Cabot Wealth Advisory, Elyse Andrews had positive recommendations for both Priceline (PCLN) and UAL Corp. (UAUA), the parent company of United Airlines. Since then, UAUA has done nothing; it’s continuing to build a base at 20, and still has great potential.  (Note: If...

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Markets Are Never Wrong; Opinions Are

March 29, 2010
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Earlier this week, I had an exchange on Twitter that I wanted to share with you here. I tweeted (aka sent out a message) a photo of the mantel in Cabot’s office. The mantle is engraved with a Jesse Livermore quote that we often refer to here, “Markets are never wrong; opinions are.” (Our mantel also has reversible animals on it that can change from bull to bear and back again. We use these to show the status of two of our market timing indicators.) A fellow Livermore fan tweeted back at me saying that while they loved the...

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Stock Market Analysis Video: Choppy Action

March 27, 2010
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Now on to Cabot’s weekly Stock Market Analysis Video with Cabot Market Letter and Cabot Top Ten Report Editor Michael Cintolo, where he discusses the stock market’s choppy and sloppy action. Mike doesn’t necessarily think there’s going to be a huge pullback, but there may be some choppy consolidation. Some leading stocks may pull back, and watching liquid leaders, like Apple (AAPL), can indicate the overall market health. Mike says Baidu (BIDU) is still the #1 stock of this bull market. Other stocks discussed in the video: Home Inns (HMIN), Buffalo Wild Wings (BWLD), Cliffs Natural Resources (CLF) and...

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Two ETFs to Hedge Your Bets

March 26, 2010
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Two ETFs to Hedge Your Bets

One of my favorite areas to invest in to protect my profits and reduce my portfolio risk is an ETF that invests in gold. SPDR Gold Shares ETF (GLD) has advanced 150% during the past five years compared to an advance of just 1% for the Standard & Poor’s 500 Index. And during the ugly bear market from October 9, 2007, until March 9, 2009, GLD was up 23.9% compared to the -56.8% drubbing that the S&P 500 took. The SPDR Gold Shares ETF seeks to replicate the performance of the price of gold bullion on a one-to-ten ratio....

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Buy ETFs to Lower Investing Risk

March 25, 2010
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Buy ETFs to Lower Investing Risk

I am a lot like many investors–as I get older, I become more conservative. When investing, I like to buy and hold, rather than try to read charts, jump in and out of momentum stocks or time the market. I envy my fellow editors at Cabot, because they enthusiastically follow the stock market to catch the next move up or avoid the next move down. They have become masters at using momentum indicators, created by Carlton Lutts (the founder of Cabot), to predict when to buy and when to sell. And the good part is that they pass along...

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