A Crossroads For The Market

The Patrouille Suisse is one of the most renowned aerobatic display teams in Europe. The team is equipped with the F-5E Tiger, together with the Turk Yildizlari (Turkish Stars), that flies the NF-5A/B  Freedom Fighter, and is the only European display team that uses supersonic fighter jets.

I don't relish the job of constantly pointing out the risks to the equity markets. But since few on Wall Street seem willing (or able) to do this, I'm "making the call" for a market correction, as enough variables have aligned to indicate a high likelihood of stocks heading downwards from here. I've only given one other such warning about equities before, and that was in March of 2008, when I warned of the possibility of a 40% to 60% decline in stock prices by Fall. I am making a similar call today, with the understanding that I am usually a bit early to the game with my views.

Lat Friday I posted Deconstructing The Most Hated Trade Of The Decade, The 375% BoomBustBlog Apple Call!!, wherein I outlined the profitability of the BoomBustBlog Apple research from a trading perspective.

Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog. This post is a guest contribution by Dian Chu, market analyst, trader and author of the EconMatters blog.

Steve Reitmeister submits:September's Employment Situation was worse than expected Friday morning. Yet bad news is good news these days for those who think a second round of Fed quantitative easing (QE2) will bolster the markets. So stocks bolted into positive territory on the day, pushing up to Dow 11,000.It’s an odd dichotomy. We have a somewhat improving economy. Yet the average person does not feel better about the situation. That’s because either they or someone close to them is out of work.

Retiring overseas has been growing in popularity over the recent decades. A lower cost of living and health care systems that work are two of the big draws. Americans Who Seek Out Retirement Homes Overseas

First Coverage submits: Broad, but Small, Gains in Market Last WeekNot surprisingly, given some favorable economic news last week, the market rose for the fifth week in a row. All the major indexes were up about 1% last week and were up about 5% for the first quarter of the year. All ten Dow Jones industries were up in price last week, although the gain for four (Consumer Goods, Technology, Health Care, and Financials) were each well under 1%.

AAII submits: Bullish sentiment jumped 5.6 percentage points to 48.5%. This is the highest that bullish sentiment, expectations that the markets will rise over the next six months, has been since December 31.