
"You know what the news is-- in a minute, you're going to hear the rest of the story"- Paul Harvey
As promised on Friday, the Dynamic Growth weekly Newsletter has been posted on the "Newsletter" portion of the website.
We have made the following changes this week;
Top 10 ETF's:
-2 new buys, no sells.
Top 10 Fidelity Sector Funds:
-4 new buys, including a market hedge.
-2 new sells.
Top Stock Portfolio: NEW
8 New Stocks- powerful market movers.
Under Loved, and Under Appreciated Stock List
10 new stocks that we that feel have sold-off significantly, and have huge upside potential for patient investors.
Market Comments:
After the huge rally in the market since Labor Day, I feel the market is overextended, and due for a pullback.
This being Thanksgiving week, a lot of big players are taking off early, so while we will see rally attempts like today, I have doubts that they get very far.
Late December is usually a good time for the markets, but I would expect some profit taking as well as tax loss selling to begin creeping in soon.
If you've been following the news, Treasury Secretary, Tim Geithner, is catching a lot of heat from Congress, and the House Financial Services Committee approved adding Ron Paul's "audit the fed" bill to the financial-system reform package. Paul’s provision will allow federal reviews of the central bank’s operations, including its interest-rate decisions.
Stay tuned. This could get real interesting if congress can have some oversight to the feds activities.
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