5/9/12

Gold

Gold is slumping together with all other commodities.

It looks like the markets are telling us gold is a commodity.

And if the economy keeps growing slowly it is likely commodities are going nowhere.

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.

5/8/12

The pattern continues

The market pattern is staring at you. It is important to listen to its message.

Weak stocks. Weak commodities. Weak gold and crude oil, Weak agriculturals, Lower bond yields and higher bond prices.

Do you see the implications?

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.

5/7/12

Sell in May and go away? A look at the markets' seasonality

Question: Which market is likely to be strong in the summer months?

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.

5/6/12

Headlines

Greek Election Gridlock Raises Risk for Bailout, Euro Future

Sarkozy Becomes First French President in 30 Years to Be Ousted

François Hollande ousts Nicolas Sarkozy to become president

My point? Slowly and steadily the markets are asserting themselves and will force the European bureaucrats to face reality. The European experiment is a failure.

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.

Thought of the day

The fallacy of utopias (example: the workers' paradise, everyone should own a house even if they cannot afford it,....) is that they are used to deceive people to believe the unfeasible programs justifying their attainments. But the ultimate goal is the achievement of power and wealth by the promoters of the utopia. The outcome is inevitable misery and chaos. See what is happening to Europe.

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.

5/5/12

Observations

It is difficult to be yourself. One is always self-conscious about what the others might say of the true you. This is especially so when you are young. When I started this business, I hid myself behind a pen name such as “Dag” (short for Dagnino) because I was sensitive to the sound of my last name.

This column was the idea of a friend. “Be yourself. Write what goes through your mind. Your readers will appreciate your advice if they have a feeling for what makes your brain tick,” he told me once. I am a good skier. I have to be -- my wife is Swiss. She does not ski. She glides on the snow.

She is as natural on the snow as a Swiss should be. I learned to ski on the mountains east of Rome, about 2-3 hours from the city. After meeting my future wife, I started to go skiing also in summer, on the glaciers in the Alps. The instructors were members of the Italian national team. It was a treat.

In Ohio, I found little or no challenges. So, I became a ski patroller. My children are excellent skiers, enough to become ski instructors. Now my daughter is trying to teach my grandchildren about the exciting world of skiing. They are four and six years old. They are taking lessons and have a good sense of the sport. We decided to go skiing in New York state for two days, all five of us.

A publisher and managing editor of a magazine once told me: grandchildren are your ties to eternity. I could not fully grasp the meaning of it. When we were going down the slopes, they were following me closely, as I told them to do. They were making turns where I told them to make them. It was so thrilling to see them so serious, trying to negotiate bumps and rough spots. Yet, they were always there, behind me, perfectly executing the series of moves that would make them slow down and change direction.

As we were going down the hills, I realized the meaning of continuity. A concept I did not fully understand until I saw those two little, playful boys skiing behind me.

(This Observations appeared in the 2/9/04 issue of The Peter Dag Portfolio).

5/4/12

Thought of the day

The importan features of money management are knowing...

1. How much to buy or sell.
2. When to buy or sell.
3. What to buy or sell.

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.

5/3/12

Do you see the pattern?

Stocks down. Yields down and bond prices up. Commodities down. Gold down. Oil down. Economy...some bad news.

If the economy keeps growing slowly, where would you invest your money> Some stocks remain strong. Check my video "Investing in a weak economy" on www.peterdag.com.

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.

5/2/12

Thought of the day

When I talk to my friends they always know what to buy and why. Then, I ask them when will they sell the stocks they like? No answer.
The point is that when you decide to buy a stock it must be clear what are the conditions telling you to reduce/sell the stock you bought.

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.

5/1/12

Thought of the day

If you want to time stocks, select low-volatility stocks. Why? Because if you make mistakes and they go down you do not lose much. And this is the main principle of risk/money management.

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.