Johnson & Johnson

Oversold Stocks Trying to Rebound: 06-03-10

U.S. stocks hit their May mini-crash closing-price low on May 26. At that point, various technical and investor-sentiment indicators we follow were at their worst levels since the bear-market low of March 2009. In other words, the sharp sell-off wiped out a lot of investor optimism, theoretically setting the stage for a new market advance. Since then, the market has been working to build a new base.
 
As you know, the level of anxiety is high. But the global recovery is proceeding despite Europe’s debt woes, worries that China’s economy will slow and numerous geopolitical problems. Despite fears that Europe's debt crisis will hurt the U.S. economy, the evidence is that the recovery here is continuing, albeit at a modest level. For example, the Institute for Supply Management’s index of non-manufacturing businesses, which makes up almost 90 percent of the economy, held at 55.4 in May for a third straight month. Readings above 50 signal expansion. Credit conditions evidently are improving too. Consumer-loan delinquency rates are dropping, based on recent reports from Bank of America and American Express. We hope this will lead to less restrictive lending and more new loans.
 

Tomorrow will bring the U.S. Labor Department’s jobs report for May. This monthly report arguably is the most important of the many economic numbers.Read more...

Stealth Bull Market: 03-11-10

As you may know, this week marks the one-year anniversary of the stock market's 12-year low. Along with commentary on the incredible market rebound since then has come more chatter about the "lost decade" in stocks. This is because this week is also the 10th anniversary of the bull-market peak that occurred right before the bursting of the tech-stock bubble. 

Undeniably, it was a lost decade for investors who stuck with only the Standard & Poor's 500 or Dow Jones industrials. But the same 10 years provided numerous profit opportunities for vigilant, proactive investors, as we've previously pointed out. We saw multiyear bull markets in foreign stocks, commodities, U.S. mid-cap and small-cap stocks, and real estate investment trusts, among others. Bonds were big winners too. 

As noted below, most of the wealth creation of the last year has come from the financial markets. Yet relatively few individuals, still recovering from the 2008 disaster, have benefited. Now is the time to look ahead. Read more...

Market Update 03-01-10

Short-Term Key: Negative Long-Term Key: -93 (Neutral to Negative)Read more...

Market Update 01-25-10

 
Short-Term Key: Negative
Long-Term Key -90 (Negative to Neutral)
 
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Inside this week's update...
 
***** 4 high-potential Chinese stocks.
***** Real estate bubble or joint venture financing?
***** Top funds geared to China's growth.
***** Move over Wal-Mart, make room for Wumart.
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Speculation continues to run high on the issue of whether China is experiencing a bubble that threatens investors. Chinese real estate looks hugely overpriced and manufacturing capacity (according to some) has run far in excess of potential demand.
On the political front, an argument has erupted between the Chinese government and Google. Google claims China hacked the email accounts of some of its customers, who coincidentally were human rights crusaders.
Read more...

Google's empty threat 01-25-10

Short-Term Key: Negative
Long-Term Key -90 (Negative to Neutral)
 
-------------------------------------
Inside this week's update...
 
***** 4 high-potential Chinese stocks.
***** Real estate bubble or joint venture financing?
***** Top funds geared to China's growth.
***** Move over Wal-Mart, make room for Wumart.
------------------------------------
 
Speculation continues to run high on the issue of whether China is experiencing a bubble that threatens investors. Chinese real estate looks hugely overpriced and manufacturing capacity (according to some) has run far in excess of potential demand.
On the political front, an argument has erupted between the Chinese government and Google. Google claims China hacked the email accounts of some of its customers, who coincidentally were human rights crusaders.
Read more...

Top funds for 2010 12-28-09

Short-Term Key: Negative-to-Neutral
Long-Term Key: -85 (Negative-to-Neutral)

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Weekly Update 12-28-09

Short-Term Key: Negative-to-Neutral
Long-Term Key: -85 (Negative-to-Neutral)
 
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Inside this Holiday update...
 
***** Thank goodness for government spending.
***** Why small caps outperform during inflation.
***** 3 ways to play next year's small cap bonanza.
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One lesson proven by events of the past 12 months is that money can still solve most economic problems. Thanks to a flood of cash from government stimulus and loose monetary policy, the market averages began a near-record explosion starting in March 2009.
Read more...