4/30/12

What caught my attention today

The market is weak, but the high-yield market is strong.

JNK is up a very strong 0.28% while the S&P 500 is down 0.58% as of this writing. This is very unusual and usually what happens next is that the market strengthens.

Time will tell, of course.

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/27/12

Investing in a weak economy

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

What caught my attention this morning

The market is strengthening.
The economy is weaker than expected.
Commodities are firm.
GLD is up, consistent with the strength in commodities.
Financials are weak.
Yields are declining.

It looks like the market is confused, but willing to bet on more QE. Time will tell.

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/26/12

What caught my attention

In the past few days gold is showing some resilience.

GLD seems to be finding support around $155-160. It bounced up when it reached these levels last January and in October 2011. It is doing it again now.

I am starting following GLD more closely because it looks like a nice trade is shaping up. Its strength would be particularly more reliable if other commodities strengthen and bond yields start moving higher gain.

I let my models tell me what to do. 

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/25/12

Observations

One of the topics I discuss with my friend SNS at lunch is the need to add new interests to our life. We become bored with what we are doing because our experience is protecting us from making major errors. There is no challenge.

In 1977 I created Peter Dag. This experience opened up new worlds for me. It placed me in front of other people. In 1989 Hulbert ranked me No. 1. I was pleased, but I felt I could improve. Teaching in college and writing a book gave me new challenges.

My second book on sector investing and business cycles is under way. Several friends are helping and encouraging me in this endeavor. Chapter 3 is finished. The edited chapters will be posted soon on our website.

In 1981 I learned to sail. A challenging and exciting sport. I chartered for 22 years in Cape Cod, Newport, the Chesapeake Bay, Florida, the Bahamas, and the Caribbean islands. Different winds and different seas. I learned to plan and to respect nature. As in investing, one has to prepare a passage under the most conservative assumptions.

But it was time to move on. I had to have my own sailboat. Since April I have been searching it with the help of a wonderful broker, Bill. Very patiently we looked at the many choices available on the Internet.

Bill was always ready to give me his opinion on how I should proceed. Finally we found a sailboat in Hilton Head, a Sabre 38. It is perfect. Maybe too perfect. Now she is mine. Her name: PeterDag.com. What else.

My mind is now challenged by new issues. I have to learn how to maintain the many systems I know little or nothing about: electrolysis, sea cocks, impellers, strainers, changing oil, checking filters of various types and purposes, and much more. My brain is rejuvenated. I added a new interest to my life, as other tasks become less demanding because of many years of practice. (This Observations appeared in the 9/08/03 issue of The Peter Dag Portfolio).

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/23/12

More comments from the unique Mr. Farage

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

The French elections

The center-left Hollande narrowly beat the conservative Sarkozy in Sunday's 10-candidate first round by 28.6 percent to 27.1 percent, the Interior Ministry said with 99 percent of votes counted, but Le Pen stole the show by surging to 18.0 percent, the biggest result for a far-right candidate.

The European crisis is transitioning from financial to political crisis. The people are sick and tired of what is going on. The French are waking up after two full years of economic uncertainties. This is an important development for Europe as the Germans become increasingly more isolated.

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/22/12

An important indicator

Commodities are a very sensitive economic indicator. They rise when the economy starts improving and decline when business activity begins slowing down. The peaked in early 2011 (click on the chart to enlarge it).

The long-term trend of commodities depends also on the level of short-term interest rates relative to inflation. It is quite reasonable to expect they also drive entire market sectors.

How? These are the type of issues I discuss in the video shown in a post below. I recommend you review it.

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

More details? Take advantage of a 3-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/21/12

Forget about what you hear on TV. These are the real reasons.

The real reason behind the financial difficulties of some countries in Europe is their lack of competitiveness. There are statistics that are available to everybody.

These financial difficulties create an uncertain investment climate. Yet, some sectors and stocks keep performing well - with very low volatility. these are the stocks that do well in a weak economy.

These subjects are discussed in great detail - showing several examples - in the video shown in the post below.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

More details? Take advantage of a 3-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/15/12

My latest talk to groups of investors in Ohio and South Florida. Find out which stocks do well in a weak economy.




George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest
Money Managers

More details? Take advantage of a 3-MONTH FREE SUBSCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/14/12

Observations about European issues

It is interesting the way we form our opinions. We often read articles by writers who think like us. They do not violate our comfort zone. They just reinforce our beliefs, whatever they are. We do not want to be challenged.

Take, for instance, our views of Europe. We think they are performing more poorly than we do. Data, however, suggest they are growing at the same pace we are. Possibly faster. Their labor force is too rigid, we are told.

What to do? Europe wants to liberalize labor regulations. Workers should give up years of struggle to gain hard won rights. Their pension is insured. What’s wrong with this idea? Is our system better? We do not know if we will ever receive one as business gets into trouble.

But there is another angle no one talks about. Bashing workers does not necessarily make the economy grow faster. It would be too easy. The way to increase employment is to stimulate the creation of new businesses, not to dismantle labor regulations.

European business says they need to hire and fire when they want. By doing so they make more money. Will they improve employment? Maybe.

What about the idea to liberalize business itself. No, you cannot do that. Why? Because businesses and industries (many are state controlled) have their turf protected from new entries. Germany allows discount sales within strict limits. Sales on Saturday are also limited in some countries.

Magazines can only be sold by authorized newsstands. Pharmacies are allowed only outside a 7 mile radius from each other. And so on, and on, and on.

Let people start their own business when they want, without restrictions and bureaucratic paperwork designed to discourage would-be entrepreneurs.

Employment will soar. My point is that we focus on liberalizing the labor force, because this is what business wants. What about liberalizing the tight socialist and oligopolistic structure of industries in Europe. But we do not to talk about it. It violates our comfort zone.

(This Observations appeared in the 8/25/03 issue of The Peter Dag Portfolio)

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

More details? Take advantage of a 3-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/13/12

Technical patterns

Another ugly day. The pattern is the same.

Stocks sharply lower.
Commodities sharply lower.
Bond prices higher, yields lower.

This is a pattern we have shown before. Why do we show it?

Because these trends suggest an interesting strategy if you are bearish on the outlook of the market.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

More details? Take advantage of a 3-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/12/12

About gold

I was listening to an expert talking about gold on CNBC. I just cannot resist reacting to what he was saying - which is quite typical.

Gold is not a magic metal with supernatural qualities. The best way to approach investing in gold is to look at it as a commodity. Like any other commodity. Like crude oil. Like copper.

Before investing in gold make sure most commodities are also rising. You will find this scenario during a strengthening economy.

Right now the economy is weak. Commodities peaked in early 2011. And gold has not gone anywhere since may of 2011. Like most other commodities.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

More details? Take advantage of a 3-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

About high-yield bonds

These are the conclusions of a study by the "Bond Vigilantes". The complete paper can be found by clicking here

•Low interest rates and ageing demographics are enticing investors to high income generating assets.
•High yield fixed interest assets are set to benefit from these structural shifts in investor behaviour.
•The low duration, high income nature of the asset class is attractive in a world of ultra-low interest rates.
•There are genuine opportunities in today’s high yield market due to the wide dispersion of credit spreads. Fundamental credit research is vital.
•There is a structural shift to high yield occurring in fixed income markets right now.

My personal experience is that investors should buy mutual funds investing in high-yield bonds. The problem is that there are many of them. The challenge is to find conservative mutual funds investing in conservative high-yield bonds.

The graphs of their price should be fairly stable and less volatile than that of the stock market. I know, it takes some work.

My experience is that JNK is too volatile. Some mutual funds are less volatile.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/10/12

Observations

Some sectors of the economy and of the country are really depressed. This is particularly true in the Great Lakes region. The manufacturing sector seems in disarray.

“How can you compete with the Chinese?” This is the main theme of business owners. “You produce a piece for $10, and they come in and sell it for $2!”, they add. It is tough to compete and to survive.

“Manufacturing is finished in our area (NE Ohio). I had to prepare the financial statements for eight bankruptcies,” a consultant told me. “The fastest growth sector is healthcare. Probably because the young people are moving away,” he added.

Michigan is not different. The auto sector is flat and the odds favor more weakness ahead. Suppliers are strapped. Sales are down and costs must be kept down.

General manufacturing is failing. Employment is cut with a vengeance. And these are high paying jobs. The cost structure is not competitive. One needs to have a very special niche of the market. Otherwise the Chinese come in and take it away from you. Business needs to innovate, re-invent itself.

The small manufacturer has also the competition of the international entrepreneurs who go to China to produce. Or Thailand. Or South Korea. Or Indonesia. It is a different world from the early 1980s. What to do? Innovate. There is no other way. Technology. Education. New delivery of the product.

I do not believe we can survive without manufacturing. This is where we apply the knowledge to control and improve complex human and technological processes changing raw materials into unique products. This is where the wealth is. This is where the financial compensation and reward for our work really lie.

If we fail to compete we will become, as a former Chairman of a major corporation once told me, a country of hamburger flippers. And he is right! Will global wages converge? This is the challenge posed by globalization and free trade.

(This Observations appeared in the 8/11/2003 issue of The Peter Dag Portfolio).

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/9/12

Trends

There is no doubt about it -- the pattern keeps repeating.

Weak economic numbers.
Stock market declines.
Commodities decline.
Yields decline - bond prices rise.

More details when I talk to the Akron group on Tuesday 10. See details below.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/8/12

It pays to get an education


NO COMMENTS! (Click on the chart to enlarge it)

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/6/12

Europeans, is this what they promised with the introduction of the Euro?

The Telegraph - Violent protests broke out in Athens last night after an elderly man committed suicide near to the country's Parliament building, claiming he was distraught at the prospect of "looking in the garbage to feed myself".

Italy has also reportedly seen suicides due to economic worries, with a 59-year-old shooting himself in Rome yesterday after claiming that his company was failing.

Political leaders should be ready to provide a further bail-out for Portugal within the next year, Europe's economic and financial affairs commissioner Olli Rehn has warned.

The yield on Spain's benchmark 10-year bonds rose 28 basis points to 5.7pc after Madrid held a disappointing bond auction.

Following the Chancellor's Budget speech in the House of Commons, the Telegraph's Economics columnist Roger Bootle said that the "Eurozone still presents a huge threat" to the UK's economic outlook.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/5/12

A personal invitation...Join me in Akron....Tue April 10, 2012

The AAII Business Cycles & Sector Investing SIG, Akron, OH, subgroup of the Cleveland AAII Chapter, meets at the

Akron-Summit County Public Library,
Main Library Building , 60 S. High St., Akron, OH
Parking is free after 6 PM.
The 6:30 PM meeting Tue April 10, 2012 in Meeting Room 1 is open to the public.No membership is required.

Our speaker is George Dagnino, PhD, Economist -- Investment strategist -- Portfolio manager – Author--Consultant to hedge funds. He is an internationally recognized speaker and lecturer on how business and financial cycles impact business decisions and investment strategies.

Dr. Dagnino's presentation is "EUROPE, INVESTMENT PROCESS, AND ETF TIMING – WHAT TO DO NOW?"

He will be covering: New evidence on the problems in Europe - An investment process to select low risk investments
and analyze / manage them - timing ETFs. - Managing a sample/test portfolio on-line without investing money.

Thought of the day


The real issue facing the US and the European bankrupt countries is not the budget deficit. The crucial problem facing these countries is their trade deficit.

Why? Because they have to borrow to finance their imports. Furthermore, it reflects a major deficiency in competitiveness and their lack to produce wealth to share among the population.

But no one talks about it.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/4/12

A disappointing day


Gold down $48. Commodities weak. Crude down more than 1%. Market sinking (futures). Yield sagging.

It does not look like a pretty day. Except for bond holders. The markets do not seem to be convinced the economy is strong.

Is this the correction everybody was expecting? Sell in May and go away?

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/3/12

An "ugly" chart

Is the economy strong? Strengthening? Lukewarm?

No way, according to the trend of the commodity complex. Commodities keep sinking because the global economy - as reviewed in our The Peter Dag Portfolio - is slowing down at an alarming pace. Europe is collapsing. China is in a serious recession.

The trend of commodities reflect the dire state of the economy.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

Interesting analysis



This video was shown in Bloomberg. Carter Worth is a very smart analyst. His analysis is provocative and timely.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/2/12

Watching commodities


Commodities are weak - including gold.

US statistics are saying the US economy is doing well. Commodities, however, are telling a different story.

The markets are always right.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

4/1/12

A great lecture by N. Ferguson on "Empires on the Edge of Chaos"

Niall Ferguson: Empires on the Edge of Chaos from Australian Broadcasting Corporation on FORA.tv

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

More details? Take advantage of a 2-MONTH FREE SUBCRIPTION to The Peter Dag Portfolio - 8 issues. Just send us an email to info@peterdag.com with your name requesting your free subscription. You will receive by email your user id and password to access our service at www.peterdag.com. NEW SUBSCRIBERS PLEASE.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.