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
-
3M Company (MMM) operates as a diversified technology company worldwide, which operates in five segments: Industrial, Safety and Graphics, H...
-
There are a lot of stories about people who become financially independent these days in their 30s or 40s. While these are isolated instance...
-
Last week, there were five dividend growth companies which increased distributions to their shareholders. Each of these companies has manage...
-
It is time for my weekly review of notable dividend increases from the past week. This review is part of my monitoring process. It is also ...
-
The Home Depot, Inc. (HD) operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, ...
-
Lowe's Companies, Inc. (LOW), together with its subsidiaries, operates as a home improvement retailer in the United States, Canada, and ...
-
I use a few quantitative factors in my investing including streak of annual dividend increases, dividend payout ratios, growth in earnings p...
-
UnitedHealth Group Incorporated (UNH) operates as a diversified health care company in the United States. It operates through four segments...
-
Last year, I started a premium newsletter focusing on providing more actionable content for subscribers. I launched this service, particula...
-
As part of my monitoring process , I look at the list of dividend increases every week. I usually focus my attention on the companies that h...
