Stock Preacher

Listen live as Paul Ebeling Jr. AKA RedRoadMaster goes over his different thoughts and Techniques on the Markets! Every Thursday our very RedRoadMaster does an in-depth interview with Russ and Sully live on the Big Biz Show.

At the very beginning of this audio clip they talk about how one of Russ and Sully’s associates who follows the Stock Preacher Newsletter made something in the neighborhood of $50,000 in a matter of TWO DAYS!

Not bad for a FREE Newsletter! Remember to sign up… 100% FREE

Listen below!

Popularity: 5% [?]

McDonald’s Corp (MCD.N) said on Friday it ended test sales of PepsiCo Inc (PEP.N) bottled beverages in its eateries in a win for the hamburger chain’s fountain-drink supplier Coca-Cola Co (KO.N).

The world’s biggest fast-food restaurant operator is working to increase drink sales and for two years has been testing a variety of different beverages in select U.S. outlets.

As part of that test, it sold PepsiCo’s Mountain Dew and Gatorade drinks. “After a test of Pepsi products in several U.S. markets we have decided that they will not be included in our National Beverage Strategy,” McDonald’s spokeswoman Danya Proud said in a statement. “We continue to work with other national and regional beverage companies — including Coca-Cola — to identify a variety of fountain and bottled beverage options that will meet our customers’ preferences for taste, value and convenience,” Proud said.

“We are pleased with McDonald’s decision and with our partnership. We remain focused on delivering the best brands, service, ideas and programs to help grow our mutual businesses for the long term,” Coca-Cola spokesman Ray Crockett said in a statement. A PepsiCo spokesman was not immediately available for comment.

Popularity: 6% [?]

This is what happened last week…

Last Friday’s gave us a Jobs Report that is somewhat flawed and a number of other stories, like the beginning of the lame earnings reports that most of us have come to expect.
Crude Oil ended the week at 40.45 bbl -1.25, the US$ rallied some, and a Fed rep noted that the recession would likely extend past Q-2. People started to put some money back to work in mutual funds and corporate bonds

I had a discussion with some of my pals last week about the how things were in the US back in 1980, and although this is bad, it was bad then too. But opportunities abounded then and do once again now in our collective opinions. So if we are back to the early 1980’s then we are back in the land of huge investment opportunity.

On page 2, there is a Q & A between Mike (he asked the Q’s) and me. It bought the “glass is half full” POV once again to a clear prospective. 20-odd years ago we had come out of a decade of being in “irons” and had big hopes for a new era, the Reagan Era; now we are in a similar boat but not alone on the sea; interest rates are at record lows in the West and we have big hopes for another new era, the Obama Era.

Friend, major advancements and fortunes came out of the Reagan Era and expect that to happen again, the odds favor it.

The collective thinking of the central bankers has turned to stimulus, and stimulus it will be like never before in history. No one knows what will be the result, but hopes are running high that the bleeding will stop, the wounds will heal, scar tissue will form and we and the rest of the world will forge ahead into economic bliss.

We all know that the Chinese word for crisis is weiji and that means danger/opportunity. You do not need to be Chinese to understand what that means in the investment world.

The market indices are in good shape on last week’s pullback; the financials got hammered some but the leaders held support levels on the test lower during the day on low volume as they made higher lows as the Bears weaken. However, today whoever is left will be back to work in Wall Street, Bulls and Bears alike, and this is a week of high anticipation as we run up to the Inauguration on January 20.

There is a Wall Street adage that I learned from Gene Morgan, “Stocks climb a Wall of Worry”. And we all know that most folks are worried.

Stay tuned…

Below is the short Interview that my pal Mike did with me last week on investing in the Stock Market as I reminisced, good thing he recorded it and transcribed it for us… Read more

Popularity: 13% [?]

After getting crushed for a month, the U.S. markets came to live last week.

On the the week, the Dow industrials put on 114.32pts, 1.57%, to 9,325.01, the S&P 500 rose 14.66 pts,1.54%, 968.75, and the NAS rallied 22.43pts,1.32%, to 1,720.9 .

The Big Q: has the up turn marked a early sign of a market recovery or does it represents a consolidation before the next leg lower.

The Big A: Time will tell.

When we measure the upturn’s power, the following is a checklist in determining a MML (major market low).

Most of the following below have to happen:

*
An off-the-charts strong-volume rally that is not driven by government intervention.
*
The emergence of sector leadership. Along with the financials, the airlines are well, but these groups cannot do it alone, the techs have to really join the party.
*
At least one, and preferably two, 20-to-1 up days to neutralize the October breakdown. Over the past many sessions, the U.S. markets have suffered three 20-to-1 down days from the breadth POV.
*
A volatility drop to digest the market crash. For instance, a series of 100-point Dow moves, in either direction, uninterrupted by these 800-point intraday whipsaws.
*
From a sentiment standpoint, analysts need to stop declaring how great this buying opportunity is. This is a must
*
A decisive break through overhead resistance.

That is it from the Technical POV.

Now, when considering the final point, a break through over overhead resistance, see the following areas:

*
Dow resistance at 9,387, matching the two week prior closing high.
*
NAS resistance initially at 1,844, matching two week prior closing high, followed by the 1,900.
*
S&P 500 resistance spanning from 1,000 to 1,010, two week prior closing high held at 1,003.

From a technical standpoint, anything transpiring under these levels is little more than “noise.”, and as these areas are approached, the risk of another sharp downturn increases.

Popularity: 2% [?]