Sunday, December 19, 2010

Web bot Stock Predictions 2011

Well, the web bot is usually off these days so I have my own predictions into the New Year and for 2011. Just having some fun. So enjoy.

Predictions for Stock Market:

1. Nice window dressing into the new year. Stocks like Amzn, Apple will continue to make new highs at the end of the year.
2. Mid january 2011 - expect a nice sell off to end of Jan. This will be best time to buy into the stock markets again.
3. Gold and Silver continue the impressive run.
4. Oil is going to hit 100 per barrel.
5. Canadian Dollar will break 1.10 by Summer
6. My Favorite... the banks - watch C and BAC double next year (JPM, WFC will do well also)
7. "Greed is good" makes a big come back
8. Most like some Major World even kills what ever rally next year so be careful ie China, IRAN, North Korea. (I say next fall)
9. NFLX - Is this stock worth a gamble for options play. Could turn out like PCLN.

Happy New Year everyone! These are not Web bot predictions but I will mostly do better than any prediction the web bot will make for next year. Feel free to add your own predictions for 2011. Cheers!

Monday, September 6, 2010

60 minute video - The Housing Collapse of 2010 Will Be Worse Than 2008

Founds this on youtube "The Housing Collapse of 2010 Will Be Worse Than 2008." Sounds like it make sense, but if the governments around the world know this, they will do everything in their power to avoid this. This is why it hasn't happen yet due to Obama's "Plunge Protection team" .

Tuesday, April 27, 2010

Europe's debt crisis worsening? April 2010

S&P Downgrades Greece to Junk and Portugal's rating also is cut. Is this finally the start of the long awaited downtrend in the markets? Is Europes debt crisis going to get out hand and push the world economy down with it. Stock markets are selling off heavily today and may be start of the trend of downward momemtum and the contagion from the Greece crisis may be a cascade effect. Portugal is next. If you look at the stock markets its had its nice run for over a year now, its time to take some money off the table and give it a wait and see approach.

Thursday, April 1, 2010

Web bot vs The Plunge Protection Team 2009 / 2010

Another theory is "The Plunge Protection team" has done a great job propping up the stock markets making the web bot prediction wrong in predicting the next downturn in financial markets. How much longer can governments prop up the markets? Many believe this is a must to turn the economy around. The rich need to stay rich... right? Then more jobs follow and what we call capitalism lives long and strong. Is the story now, buy on any dips in the stock markets? Well the trend is your friend in investing so just follow the masses until you see otherwise. If governments are truly rigging the markets upwards by buying into stocks and stock index futures ...etc then don't bet against them. How much longer will they do this for is the real question. Many believe they will keep propping up the markets for a little while yet.

Sunday, February 28, 2010

Robert Prechter of Elliott Wave says time to get out of stock markets

Robert Prechter of Elliott Wave was on CNBC this week stating that this is perhaps the last chance to get out of stocks with the DJIA “in quintuple digits.” He is saying that stocks will fall below the March 2009 lows and if deflation comes, gold could see a 40% drop from its peak. He is saying gold is overbought and starting a new bear move there anyway. Now this guys has been right in the past and has been very accurate. The web bot has not done as well as he has

Sunday, January 17, 2010

2010 financial predictions on world markets

Well, with the web bot being off recently and stock markets appear to continue to go up. Here are some on my predictions for the stock markets this year. Though, most should just do the opposite that I say. That is why I blog, as I am taking huge losses, though not doing well in making money in blogging either:

My predictions for 2010:
1. Canadian Dollar to be worth more the US dollar soon. Maybe worth 10 percent more than the U.S dollar before years end.
2. Google will never pull out of China. Only empty threat.
3. Obama to tax banks more. I believe it.
4. Solar stocks to double by summer (CSIQ, TSL, LDK, YGE). Back to the good ole days.
5. US bank share prices will not fluctuate as much as last year.
6. Gold prices to continue to reach record levels.
7. Oil (hard to say) back to over 100 dollars a barrel.
8. US economy - too much unemployment will continue and not get better. Interest rates to stay low for the year.
9. APPLE to hit 300 dollars by years end.
10. Watch out for China - Huge bubble, if it pops, so does the world economy, though I think that bubble still has legs for another 1-2 years.

Cheers and Happy investing in 2010