STOCK TRADER'S ALMANAC INVESTOR
published by Wiley & Co., 111 River St., Hoboken, NJ 07030.
Monthly, 1 year, $299.
Four seasonalities
come into favor in April
J. Taylor Brown: "There are four seasonalities that come into favor in April. Computer Tech has a bullish bias from April to July with a historical return of 14.8% over the past 10-years. We are taking a pass this year as the recent returns have been lackluster. Moreover, a softening economy does not bode well as many of the companies that comprise the sector are capital investment dependent. The same can be said for High-Tech which has a similar run from April to July; thus we will pass here too.
Healthcare Products have a favorable seasonality from April to July. Last month we recommended the iShares Dow Jones U.S. Health Care Providers (IHF). While not products specific, there is sufficient overlap to warrant passing on adding additional exposure. We were considering adding a healthcare product ETF, but the recent thrashing in the wake of warnings by healthcare industry heavyweights has prompted us to wait. The worst thing you can do in a softening market is second guess your instincts.
The Internet sector a historical bullish period from April to July with a ten-year historical average return of 15.1%. Our recommendation is the First Trust Dow Jones Internet (FDN) with a Buy Limit: 22.00, Stop Loss: 19.50, Expected Return: 25.32, Auto Sell: 27.85."
INSIIDE TRACK
P.O. Box 2252, Naperville, 60567.
Monthly, 1 year, $179.
Overview for longer-term investors
Eric Hadik: "Stock Indices are slowly validating analysis for a 2-3 year bear market.
Interest Rates (opposite of Bond direction) - Long-term rates likely to drop into June/July 2008.
Gold & Silver - Long-term uptrends in Gold & Silver intact.
Dollar - Long-term trend down into 2009 or later. A 3-6 month bottom could be taking hold.
Crude Oil - Long-term trend up. Monthly cycles converged in January/February 2008 and have been projected to pinpoint an important top.
Commodities - Long-term trend up but approaching important cycles in April 2008."
INVESTMENT QUALITY TRENDS
2888 Loker Ave., East, Ste. 116, Carlsbad, CA 92010.
1 year, 24 issues, $310.
Economic policy an abysmal failure
Kelley Wright: "Without getting too political, the U.S. weak dollar policy has been an abysmal failure. The staggering price of crude oil and gold is directly attributable to this malformed economic policy. I know that it is not within the political DNA to admit policy mistakes and then correct them but if the policy isn't reversed soon the foreign exchange markets are going to obliterate the dollar."
THE ALEXANDER PARIS REPORT
161 N Clark St., Ste. 2950, Chicago, IL 60601.
Monthly, 1 year, $195.
Investors should be in a buying
mode rather than a liquidating mode
Alexander Paris: "There is still considerable risk and uncertainty relative to the underlying economic, credit and earnings fundamentals but, in contrast to the market last October, investors are no longer unaware of the weaker underlying economy. They've learned the hard way about the high level of credit risk that was still present in the financial system and analysts are now well along in reflecting it in estimates. But they have also seen the evidence of the full commitment of the Fed to turning things around. Consequently, without pinpointing the actual market bottom, investors should at least be in a buying mode rather than a liquidating mode."
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