After a great 4th of July, the S&P is giving back gains from Tuesday. We are still holding the 100 but, we got stopped out of Upro for a 2% loss. Rather, I was shaken out early (as we have rallied back). But with more negative data released today, maybe it was a blessing in disguise….

The market failed to break through the 100 day resistance level- down 50 points here so far. We had weak manufacturing numbers out of China, bulls only care about bailouts in Europe (not slower growth or earnings), and the U.S. is still a mess with 9% unemployment. With no reason to pull the trigger, patience…

    On the fundamental side of things Jim Cramer wrote, “It was another week dominated by headlines from Europe and continued concerns about the global economic slowdown. The U.S. markets were down for the week by the end of the day Thursday but rallied sharply after better-than-expected news from the E.U. Summit. The group…

Flipped DVN for a small profit this morning and switched into ETP, currently yielding an 8% dividend. I still believe this market will remain volatile so that’s why I am choosing to go into a lower beta name with dividend security. Bought 50 shares at $45 per share and, after you receive this alert, I will…

Sifting through the rubble, I added Devon Energy (DVN) to the portfolio. “Devon Energy (DVN:NYSE; $55.52; 1,900 shares; 4.02%; Sector: Energy): The company has one of the best liquids growth portfolios in the business. Over the last five years it has achieved production growth at a 7% compound annual rate, and in the next five…

Started watching my radar for cheap stocks.

Told you. Did nothing today. There wasn’t anything to do anyway…so a penny saved is a penny earned!

Why am I in 90% cash? Why is the market headed for another recession? Because look around people – what have you been doing with your money lately..saving! If the U.S. doesn’t spend we will not recover. Here is an interesting stat: 1/7 Americans are using food stamps. So, these are not literal bread lines…

While we are waiting for the dust in the markets to settle, I have moved into a high yielding dividend name TNH to get paid while we wait. Its’ parent company CF Corp is a leader in the fertilizer space which is in an ever-growing bull market due to hunger demand, exploding population growth, and…