Social Trading

It's the easiest way to make money ...

Daily Newsletter Top Stories Calculators Video Top News Video Personal Finance Video Shopping & Commerce Greece News Testimonials
            Bookmark and Share
Dimitri  Kanellopoulos
I'd like to welcome
you to

Top  Three  Picks !!!
BAC-Bank of America
GE-- General   Electric

[Most Recent USD from]
Login  |  Register
Today's Market Overview
Today's Most Active - US
New York      London      Tokyo


Forex Bundles
180x180 Banner
on all the pages only
$99.00 a month

Your link on all pages
only $9.00 a month

Web Hosting For $1.00
Website from $29.95!
Hair care products
Velo Bravo
Costa Kanellos Photography
Discuss A Deal
Top Stories
November 21, 2009
By Dimitri Kanellopoulos,

MONTREAL (BuyActive) - These markets, not being based on fundamentals, are eventually bound to turn negative.

Stocks are overvalued and the US economy is likely to fall back into a recession in a few months. Investors can buy pretty much anything today; good strong stocks, poor weak stocks, everything is going up.

This is all caused by low interest rates and the US dollar’s weakness. The S&P 500 touched a 13-month high on breaking above the technically important 1100 level as investors made bullish bets on companies that benefit from a weak dollar.

The markets are hitting a new high every day. Does this indicate an economic rebound? Not so fast! With unemployment at over 10% at the same time, are we forgetting something called "recession"? Investors that are hoping for strong Christmas sales are going to be disappointed.

There's nowhere to hide at this point. Why the banks are rallying makes no sense since there's no root in fundamentals. The banks are only going to need to raise capital again.

It is important to realize that by adding to the debt, even while in a recession, people could lose confidence in the U.S. economy. This way, it could actually lead to a double-dip recession.

The residential real estate market is likely to worsen and remains a much bigger threat than the commercial property market. Housing starts have dropped 10.6 percent to a seasonally adjusted annual rate of 529,000 units. This is the lowest level since April and the percentage drop was the biggest since January.

This latest data will be another blow to the housing market which had started to show some signs of stabilization after a three year slump. The small recovery in the housing market had been due mainly to the popular $8,000 tax credit for first-time buyers.

[ Home | Markets/Movers | News Headlines | World Stock Exchanges | Links | Terms
| Economic Calendar | Stock Trading | Forex Trading | Holiday Calendar | Video | Disclaimer
| About Us | Politics | Top Ten Picks | Portfolios | Privacy Policy | Advertise | Site Map | Contact ]
Copyright © 2011 All rights reserved. Please read our Terms of Use and  Privacy Policy
Use of this website and information available therein is subject to the Legal Notice and Disclaimer
Data & information provided is for informational purposes only, and is not intended for trading purposes.
Powered by
Dimitri Kanellopoulos
You need to have a portfolio of solid stocks. Believe me, you will not want to miss these profit-making opportunities. Check out my top three picks and start making money from these winners.
Top Three Picks !!!
BAC--Bank of America
GE--General Electric

Yahoo Finance
The Wall Street Jurnal
Financial Times
Associated Press.
Forbes .com
The Motley Fool
Federal Reserve
European Central
Bank of Japan
Bank of Canada
Bank of England
Bank of Australia
Yahoo Stores - Button 120x60
Daily Trade Plan with Chris Mathis
Trading Academy
Individual Investor
Investor Education
Yet another stockbroker
Online Traders
Moneytalk Forum
Ezboard Forum