Energy and Materials Stocks Keep Surging …Ned is Right as Always
Even with the dow down 130 points and the nasdaq down 28 points, Ned’s picks for the most part went up.
Why do Ned’s stocks do so well even when the Dow loses 230 points in two days? Because Ned knows how the stock market works and he is almost never wrong. Ned is on the forefront of the ’smartist era’ of the New World Order and therefore knows exactly which stocks to buy to make money in ANY market condition.
Meanwhile, Tim putz from slopeofhope is charting his way to losses by shorting energy stocks. LOL what a failure. Even with the markets down two percent in the past two days he can’t make money being short, which is pathetic to say the least.
The Ned method is so simple. You go to iamned.com and buy the stuff ned recommends. Then hold it for awhile. No funny graph, zigzags, shade-ins, and you make much more money.
Market Set For A Sharp Rally
Back in early march I blogged about how the US stock market narrowly avoided a bear market because the S&P 500 never closed below 1252, which is the critical twenty percent retracement that defines a bear market. Currently, the S&P 500 is at 1354; a solid hundred points or eight percent above 1252 even after the recent pullback in June.
However, the charts are indicating a sharp rebound in the major indexes. One of my favorite charts is the five year DJIA which shows excellent support in the 12,000 level. Since 2006 the Dow has rebounded at least a thousand points after touching 12,000, and I wouldn’t be surprised if it happened again.
So what should you buy to capitalize on this rally? I recommend the same stuff as I have been recommending on iamned.com for the past five months such as EWZ, MOS, POT, V, MA, GOOG, RIMM, AAPL, FSLR, and BIDU.
Stocks for the ‘New Era’ Part 2
While the pro-Obama democrats complain constantly about rising oil prices, pain at the pump, the war in Iraq, the imaginary recession, outsourcing, the fake credit crunch and liquidity crisis, housing bubble, rising food prices, rising tuition, and consumer debt we are still living in the smartist web 2.0 era of the new world order, and regardless of much the liberals complain it isn’t going to change that fact.
Smarty companies such TechChrunch, Google, Facebook, slide.com, Mashable, Twitter, Myspace, Digg, and Youtube are leading the web 2.0 revolution. Although only a couple years old TechChrunch is currently valued at $500 million, Facebook $30 billion, Digg $300 million, Google $200 Billion, Youtube $20 billion. The boo hoo hoo democrats would have you believe that web 2.0 is a bubble, but it isn’t even close to being one.
With such phenomenal wealth being created so quickly you can’t tell me there are any serious economic problems. If there were really a recession stocks such as Google and Apple wouldn’t keep going up. And if the credit crunch was real instead of a fabricated, media generated ‘crisis’ stocks such as Visa and Mastercard wouldn’t be at record highs.
I present my FULL list of stocks for the ‘new era’ which we are currently living in:
MOS/POT/IPI (pick any one)
V/MA
BIDU
RIMM
AAPL
CLR
PCX
CLF
FWLT
KOL
EWZ
GOOG
OIL
FSLR
If you buy these stocks and ETFs and hold them for awhile you will make MUCH more money MORE QUICKLY than you would reading the nonsensical jargon on slopeofhope, or any other financial blog or website.
You don’t need useless trend lines, log graphs, shade-ins, and zigzags to make money in stocks. All you need to is buy the stocks and ETFs that I recommend on iamned.com and hold em’ for awhile. It is that simple.
I am almost never wrong when it comes to recommending stocks. So far my picks have decimated the market, and will continue to do so. This is because I am aware that we are living in a ‘new era’ of the new world order, and thus I know how to profit off of it. Thats why I recommended EWZ in January at $72, which is up 26 percent since. In the same period the S&P 500 is negative.
Iamned.com Resumes Operations to the Delight of Millions of Readers
No, I am not dead, but I decided to take a break from iamned.com to focus on other activities. However, since I have paused my blogging my stock picks have crushed the market, and nearly all my predictions came true.
Oil and gas prices are going higher, McCain will win, and we are technically still in a bull market since October 2002 because the S&P 500 never closed below 1252. The smartist era is NOT over and we’re still in a globalist economic boom. Web 2.0 is not a bubble, the smarties of the New World Order are leading the transition to a type 1 civilization, and Facebook is worth $30 billion dollars.
Unfortunately, Barrack Osama Laden won the democratic primary in spite of the fact that he only appeals to San Francisco liberals, African Americans, and college students. Hillary not only won the popular vote, but she appeals to the core white , hard-working people and she isn’t a Marxist like Obama. On a positive note, McCain will CRUSH Obama in the general election because we’re in a new era of hypercapitalism, globalism, spendism and consumerism and therefore radical liberals like Osama can’t win elections.
OIL IS GOING TO $200 and gas IS going to $5 a gallon, but contrary to what the boo hoo hoo liberals are predicting the consumer will not be negatively affected and neither will the stock market. Stocks, oil, and gas prices will rise together. $5 or even $6 gallong gas and $200 oil is actually bullish for stocks.
When I tell people to buy stocks I am usually right. I know how stocks work and how the market works unlike the putz Tim Knight from slopeofhope who draws a bunch of funny trend lines and zigzags, which are useless. Making money in the stock market is as easy as going to iamned.com and buying the stocks I recommend.
Lets recap how successful my stock predictions have been (as of 6/9/08, 11:30 AM Atlantic time) since I last updated my blog:
RIMM - $130
AAPL - $183
MA - $287 Up a jaw dropping 40% since I recommended at $200..indeed amazing
V - $82 Up 36% since I recommened at $60 at the IPO
OIL - $81.6
MOS - $142
I’ve been telling people to buy MOS while it was trading at $100…up a whopping 40% since.
KOL -$56
Up a mindblowing 25% since I told people to buy
EWZ- $95
Told people to buy EWZ months ago at $72..now up a staggering 30%!!!
GOOG- $555
Told people to buy GOOG at $440 way back in early march, now up 25%.
BIDU: $333
All of these stocks are much higher than when I first recommended them while the stock market has been stagnent in that same period. Had you invested in any of ned’s picks you would have crushed the market, while following slopeofhope.com you would have lost money and wasted a lot of time, too. As I have said many times before making money in the stock market should be as simple as placing a buy order as opposed to having to rely on useless trendlines, moving averages, and other nonsense. I pick the stocks and you buy em’. Then sit back and make money.
I am almost always right.
Visa Stock Surges 13% to $64/Share; Dow Surges 170 points
It appears Ned is right again. The day after recommending Visa stock upon the IPO, Visa is now up 13 percent to $64/share. When I say it is time to buy it usually is. In addition, the markets have staged a powerful comeback after yesterdays steep sell off with the DJIA up 175 points, the Nasdaq up 29 points, and the S&P 500 up 19 points.
Why is the market up so much? BECAUSE WE’RE STILL IN A BULL MARKET which began on October 2002.
Also, Mastercard (MA) is up 6 percent today to $220/share. Back on March 11th I told my imaginary readers to buy MA stock when it was at $195/share. Had anyone purchased MA on March 11th they would be up about 13 percent while the market is flat in that same period.
Why is Visa and Mastercard up so much while the major indexes are flat? The reason why is because we’re in the ‘new era’ of spendism, paymentism, globalism, and consumerism. We have millions of consumers from all over the world using Creditcards instead of paper currency for purchases. Creditcard companies have also made it easier to extract money from consumers though such means as phone based payment systems, pay pass systems, and other technological systems. The means of which the ‘the creators’ of the new world order use to extract money from people is called paymentism.
But aren’t we in a so called ‘recession’ and a ‘credit crunch’ and ‘liquidity crisis’? Um no we aren’t. The only ‘credit crisis’ and recession is a leftist, populist, pro-Obama media generated one. Consumer spending or spendism is stronger than ever, which directly benefits Mastercard and Visa. If we were really in a recession and or a credit crunch consumers wouldn’t have access to plentiful credit for consumer based spending and stocks like Mastercard and Visa would have sold-off, but they haven’t.
In conclusion, buy Mastercard and Visa stock on any dips and hold for the long term. You will make FAR more money with less risk utilizing this method than daytrading, using ineffectual, cluttered Fibonacci lines, or playing risky options.
Visa IPO a Huge Buy Inspite of Lousy Tape Action
I will admit that I went long on the Visa IPO. I sold my holdings of GOOG (at a loss) and EWZ (at a nice profit) this morning before the market open and went long on some VISA stock at $59.5/share. I only allocated 1/3 of my portfolio to VISA because I didn’t like the tape action in the first few minutes of trading. There was no strong rally or buying preasure, upon the opening. The stock apeared to have debuted somewhere around $65 and quickly sold off to $55, before rebounding to $59, thus validating my original suspision of poor tape activity. Fortunately, I didn’t go all in and I still have enough cash to buy more should it go lower.
Visa should be at $70 right now given all the hype surounding the IPO and Visa’s stellar fundamentals and growth prospects. BUT-I am still VERY bullish on the long term outlook of Visa, which is why I’m holding (even at a slight loss).
Visa has dominant marketshare-66% of creditcard market, surpasing Mastercard by a large margin. In addition, Visa has huge growth prospects in emerging markets such as China, Brazil, Russia, and India. Visa’s market cap is roughly $23 billion ($58.2 share X 400 milloion shares), which isn’t that excessive when you consider that VMware has a market cap of $16 billion or that GOOGLE is worth over $200 billion, yet when these companies went public they were only worth a couple billion. I woudn’t be surprised to see Visa having a $60 billion dollar market cap in the next year, as its earnings contonue to grow. The potential is absolutely huge.
The 1-day chart is very bullish with a short term target of $65
My target for Visa is $100 within the next few months, asuming the market doesn’t fall off a cliff. As I wrote many times on Iamned.com, we’re still in a bull market and a global economic boom as humanity transitions to a globalist, smartist type one civilization. We’re still in the ‘new era’ of spendism, consumerism, paymentism, and hyper capitalism. Visa stands to benefit directly from this transition.
As I continue to add to my Visa position I’ll update.
Dow Rockets 419 Points! Ned is right again! Bull Market Continues!
As you can see from the chart below the S&P 500 has rebounded sharply off support, as I predicted it would:
Since the S&P 500 never managed to close below 1252 the bull market which began on October 2002 continues. I predict this current bull market will last for decades due to economic and financial perpetualism.
Bull market is not dead:
All of the stocks I recommended on my blog such as GOOG, MOS, POT, MA, BIDU, RIMM, AAPL, FSLR, ISRG, EWZ are all up a lot today. Had you taken my advice and bought any one of these stocks you will have made pretty good money with almost no work at all except placing a buy order.
Awhile ago I told people to buy EWZ stock at $72 cause we’re in the ‘new era’. If anyone took my advice they would have made 10 percent, while the overall stock market was flat in that same period. That is because when Ned says it is time to buy it is usually time to buy. I don’t fail.
Also, since we’re still in a bull market and there aren’t any tangible, serious economic problems the dow will rebound to 14,000 in six months and end the year at around 14,500. By early 2009 the dow will pass 15,000. The only recession we’re in is an imaginary, media generated one.
Time 2 buy
Stock Market Surges Off Lows. The ‘New Era’ ISN’T Going Away
Oh no head for the hills! Batten the hatches! Hide your money under a mattress and ready the ammunition! Armageddon is here! Bear Stearns is history! The Dow is crashing in the premarket. The S&P 500 is cratering! The end is here!
Or is it? Maybe not. As of 1:PM Eastern time the Dow is down a whopping 40 points. Yup…a whole 3/10 of a percent. I guess the ‘end of the world’ will have to be put on hold. The DJIA still has yet to penetrate the lows made back in Jan 23rd, while the S&P 500 and Nasdaq are just grazing those levels. So for all this negativity, the markets have yet to make any meaningful new lows, which is an extremely bullish sign.
Why did the market rebound so strongly? Wasn’t the Bear Sterns washout a catalyst for a financial meltdown? Why are stock only down a little? Maybe because as I have written last week that the Bear Sterns isn’t a big deal and that we’re NOT in a credit crunch or liquidity crisis. The only ‘credit crunch’ is one created by the pro-Obama, anti-free trade, leftist media. There is HUGE credit and TONS of liquidty.
The main reason why stocks are STILL holding up so well IN SPITE of all the negativity is because none of the negativity is real or tangible. It is all an imaginary distraction created by the pro-Obama, boo hoo hoo leftists. There is no recession or bear market. The S&P 500 is still well above the critical 1552 level and there hasn’t been a SINGLE quarter of negative GDP growth since 2001. Millions of people are still using facebook and myspace. Millions of videos are watched everyday on youtube.com. Students are still attending colleges and maxing out their credit cards. You can’t tell me there is a recession when I can’t see any evidence of one. Nothing has changed between now and 2005. No concrete evidence of substantial economic weakness whatsoever.
The ‘New Era’ is real. We’re in an era of web 2.0, globalism, hyper capitalism, globalism, spendism and consumerism. Job security, retirement, and healthcare plans are a relic of the past, as is the rapidly dissolving middle class. The ‘middle class’ is incompatible with the ‘new era’ which we are living in. ‘The creators’ of the New World Order also known as the ‘Smarties’ are in power, which is why McCain a pro-growth, pro-free trade, pro-globalization, cheap labor politician, WILL be out next president. In the ‘new Wea’ of Web 2.0 and google and ’social networking’ there is no room for such niceties as ‘job security’ and privacy. Nope not anymore. The war in Iraq will continue for decades and the relentless rise in commodities such as Oil, Gold, and Wheat will not subside. Phone lines will be tapped. Consumer spending and creditcard debt will only increase, which is why you MUST buy MA and VISA stock. MA will go to $300 in a year. The smarties are proponents of open borders because more illegals=more profits for multinationals and technology companies, and less jobs for American citizens. But since the smarties are in power this outcome is inevitable.
Since we’re in the ‘new era’ you must also buy GOOG, MOS, GLD, DBA, EWZ, POT, BIDU, AAPL, RIMM and ISRG stock.
Resisting the ‘new era’ is futile, which is why you MUST go long and buy the stocks recommended on iamned.com and hold them.
Mint.com is worth $2 billion dollars.
Mint.com is a web 2.0 website that allows users to track their personal finances. From techcrunch here is a more detailed description of the site:
Mint is a personal finance application that lets users track and monitor their financials in one place without the need of routine maintenance or accounting knowledge. Their application tracks bank, credit union and credit card transactions and alerts users to upcoming bills, low balances or unusual spending. Mint’s patent-pending technology automatically categorizes transactions, so users know with precision where they are spending money, what their bank and credit balances are, and how much interest they have earned.
Although mint.com is a new site, it has EXPLODED in popularity. Just check outs its Alexa graph ,which shows a nearly tenfold increase in reach in the past year:
Mint.com already has a huge userbase, and has the potential to revolutionize the way people manage their finance. Mint.com could easily be the next smartmoney.com, fool.com, quicken or quickbooks. The potential for growth and revenue is unlimited.
I arrive at the $2 billion dollar figure because mint.com already has already seized the majority of the ’social finance’ marketshare, which could easily be a $10-100 billion dollar industry in the next decade. Mint currently has over 160,000 users and it adding 10,000 users every week, which is extremely impressive for a company just a year old. Also, no other company can compete with mint.com because mint.com already has such a large lead. Trying to compete with mint.com would be like competing with Google or the IPod. In addition, wouldn’t be unreasonable if mint.com’s revenue exceeded $10-20 million dollars a year by 2010, with its revenue doubling ever year.
If mint.com were to go public this year, would it be too far fetched to assume that its market cap would exceed at least a billion dollars in its first day of trading? I think not. Funds and institutions are more than willing to invest hundreds of millions of dollars in the future of social finance.
Therefore for the reasons above a $2 billion dollar valuation is far from bubble territory, but it is in fact very reasonable.
We are in a new era of web 2.0 and smartism. Web 2.0 companies aren’t just websites but entire media entities such as CNN or Fox News with huge userbases and huge revenue growth. Mint.com isn’t just a financial website, but a financial media company with millions of potential users that can be monetized.
We’re Still In a Bull Market
Even after Bear Sterns meltdown yesterday, the stock market remains well in bull market territory. The S&P 500 closed at 1388-still thirty six points above the critical 1252 level. A close below that level would officially herald a bear market, but it has yet to happen. The fact that stocks were able to hold up relatively well on Friday is a very bullish sign because it indicted that the majority of investors view the Bear Sterns blowup as in isolated event.
Remember the Enron and Worldcom blowups of Spring 2002? All the usual boo hoo hoo ers through this was the final nail in the coffin for US business, after what has been a huge bear market. Pessimism and negativity dominated the business headlines, as fears over further business scandals gripped investors.
But the panic was unfounded as there were only handful of corporate scandals, and by the Fall of 2002, just a few months after the collapse of Enron, stocks abruptly began a six year bull market. Maybe things weren’t so bad after all.
Here are some charts that illustrate my point. As you can see below, the DJIA is still above the jan 23rd level. After all of this negativity regarding recessions, bear markets, inflation, Bear Sterns, we still haven’t made fresh lows.
The longer trend for the DJIA (and stock market in general) is still very bullish.
In conclusion, now is a better time than ever to buy stocks. The bull market which began on October of 2002 ISN’T over.