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May 6, 2008
“The Waiting Game”
No one likes the days when the market heads down in a major way. But what about the uneventful (aka “boring”) days? Eh. That perfectly describes yesterday’s mundane market performance: Stocks started off on the wrong track following the collapse of a proposed Microsoft and Yahoo! merger and a surge in oil prices. Stocks didn’t make much of a comeback after that.
Today isn’t proving to be much better. For a second straight session, stocks declined as crude oil climbed past $122 a barrel, the dollar weakened, and investors braced themselves as more companies prepared to release earnings reports.
I guess you could say that yesterday—and today, for that matter—was a time to be contemplative. And what, pray tell, should we be contemplating? Well, if you’re a Trending123 subscriber, you’d be rubbing your palms together and dreaming about how high your portfolio stocks will go once we leave this plateau and head straight up “rally” mountain!
So while uneventful days in the market might seem like a nice reprieve for those traders that have been hit the hardest—and are expecting even harder hits to their portfolios and ultimately their pockets—it is nothing more than another day my subscribers and I have to practice our patience. Because truth be told, high oil prices and a weakened currency aren’t hurting our portfolios!
As for the particulars, the NASDAQ 100 is outperforming the S&P 500. If you didn’t know, that is quite bullish. Also, the commodities sector enjoyed a nice bounce back yesterday and tech continues to triumph. So even through the same-old-story haze, we can see that the market continues to be on our side.
Stocks Already on a Roll
I have been promoting the heck out of many of our portfolio stocks…and look at the gains we’ve made thus far (these are just a handful):
Apple (AAPL): up 56%
Baidu.com, Inc. (BIDU): up 44%
Rackable Systems Inc. (RACK): up 36%
Research in Motion Ltd. (RIMM): up 32%
Sohu.com, Inc. (SOHU): up 61%
Many of these stocks were once far down. But as I tell my Trending123 subscribers, eventually they WILL go up! You must have patience!
Remember that patience does pay off in the long run. Of course, if you aren’t following the right stocks, patience will be thrown right out the window because you’ll be waiting on stocks that will never produce the results you had hoped they would.
Get on board Trending123 today—I promise not to “boo-hoo” this market to death. On the contrary, I am seeing A LOT of positives that no one else seems to acknowledge—and I can back up my theory with concrete reasons—34 of them, to be exact!
Join me to discover how we can profit from this market in the very near future!
Sincerely,
John Lansing
Trending123
P.S. I just added another new feature to the Trending123 experience—an options portfolio. And just a few days ago, two of our option plays (JNPR and FFIV) rewarded us with profits in the 300% to 600% range. Did I mention it only took two weeks?! Join us today for the next round of unbelievable profits!
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Go Behind the Curtain
