Archive for February 8th, 2010

House prices to hit record: report

C anadian house prices will hit a record $337,500, on average, this year and sales activity should also burst through an all-time high, a real-estate report predicted Monday. National average home prices are expected to rise 5.4 per cent, with gains in all provinces, the Canadian Real Estate Association said. A rebound in activity in Canada’s priciest markets, particularly British Columbia and Ontario, will juice gains.

Bombardier offers to buy back some debt

B ombardier Inc. BBD.B-T is offering to buy back up to $550-million (U.S.) of its outstanding debt securities for cash, in order to take advantage of current favourable conditions on capital markets.

Candlestick “hammer” Predicts Rise In The S&p

Candlestick “Hammer” Predicts Rise in the S&P The S&P 500 is about to take off.  The Candlestick “Hammer” pattern is one of the most reliable bullish Reversal patterns of all.  We see it now in the Daily price bars of February 5, 2010 in the S&P 500, the Dow Industrials, and several other Indexes as well. The “Hammer” is usually a tall price bar at the bottom of a substantial price decline, denoting a substantial range of prices during the day.  The “real body” of the pattern (i.e., the range between the Open and the Close) will be very small, and will be located at or near the top of the price bar.  This tells us that even though there was substantial price movement during the trading day, when all was said and done at the end of the day the bears were not able to drive prices down and that prices ended up close to where they began when trading began on that day. What is most interesting here is that the Candlestick “Hammer” was replicated across several Indexes, covering not only the 30 Dow Industrials stocks but also the complete range of the NASDAQ stocks and the smaller-capitalization issues.  This indicates to us that the mood of traders across the board is optimistic, and that there is a good likelihood that prices will now advance, if not on the next trading day then almost certainly within the next few days.

Types Of Loan Modification For Automobile

Working out for a loan modification may not be very great for individuals, but still it’s the best choice as in comparison to repossession. When your automobile is repossessed, it will instantly reflect in your credit records.

Why Trade an Index Instead of Stocks?

Reasons Some Investors Prefer Indices Over Individual Companies Feb 8, 2010 Kurtis Hemmerling First, what is a stock market index? Definition of an Index Investopedia defines an index as “An aggregate value produced by combining several stocks or other investment vehicles together and expressing their total values against a base value from a specific date. Market indexes are intended to represent an entire stock market and thus track the market’s changes over time.” People will often speak of the market as a whole while analyzing one of the more popular indices such as the Standard and Poor’s 500 index, or the Dow Jones Industrial Average

A Guide to Mutual Funds For Idiots

This article offers a basic introduction to mutual funds and talks a little bit about their purpose. It also instructs investors on how to use these funds within their portfolio.

Alcoa: Plenty of upside potential

I am thinking of switching out of BCE to AA-NYSE. Totally different investments, but seasonality may say now is the time to get long AA. What does the Master think?

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