The Federal Reserve Cut its rates by 0.75% today. I think that we have a pretty good opportunity to go long the market today, if the S&P 500 exceeds its 30 minuite high, with a stop loss at the 30 min low. However you should do this only for a trade and if entered into the trade, please trail your stop to cut your losses and/or protect some of any profits. Exit at the close if you are not stopped out. I expect further turbulence in the markets. Unfortunately fixed income is not going to yield as much so certificates of deposit would yield much less. I normally buy my CD's from Bank Midwest, which offers a competitive yield on their 9 month certificates.
Tuesday, January 22, 2008
The Fed Cut Rates by 0.75% this morning!
The Federal Reserve Cut its rates by 0.75% today. I think that we have a pretty good opportunity to go long the market today, if the S&P 500 exceeds its 30 minuite high, with a stop loss at the 30 min low. However you should do this only for a trade and if entered into the trade, please trail your stop to cut your losses and/or protect some of any profits. Exit at the close if you are not stopped out. I expect further turbulence in the markets. Unfortunately fixed income is not going to yield as much so certificates of deposit would yield much less. I normally buy my CD's from Bank Midwest, which offers a competitive yield on their 9 month certificates.
Popular Posts
-
The consumer staples sector has been hated by investors over the past year or two. There are several headwinds that appear to have depressed...
-
I just learned that David Fish, who was the creator of the Dividend Champions, Contenders and Challengers list , passed away last month at t...
-
The other day, I shared with you a list of four attractively valued consumer staples for further review. The companies had attractive valua...
-
I review the list of dividend increases weekly , in order to monitor existing holdings and review companies on my list for accumulation at t...
-
The dividend kings list includes the most elite dividend growth companies in the US. A dividend king is a company that has managed to incr...
-
In order to succeed in dividend investing, you need to have a long-term focus , follow your strategy by making investments at regular inter...
-
As part of my monitoring process, I review the list of dividend increases every week. I usually focus on the dividend increases for compani...
-
Over the past week, there were two companies that raised dividends to shareholders. For my review, I included only those companies which hav...
-
I am frequently asked by readers about resources I use. While I have discussed before the resources I use to monitor my holdings, and I hav...
-
For your reading enjoyment, I have highlighted several articles that the readers found of particular interest this month. I have included th...
