Monday, June 06, 2011

The Stock Market...Gloom and Doom coming?

The Great US Economic Recovery fades daily.  Stocks are down, housing, employment...debt increases.  The "Global Economy" is a serious factor in US Markets and daily life.  The US can not control the various factions that make up our economy, as they did 50 years ago.  The the US drove the world economy...now we are a mere player.

With that in mind, Global Forces need to factor into trading....world events such as war, famine, oil consumption, population growth drive market forces and can't be ignored.  (I have always thought this...global tensions more a factor than the
Federal Reserve interest rate hikes, for example).  On this basis, "The Virtual Portfolio" has continued to make daily gains and continued the long term goal of a 25% ROI.

Currently, 100% ETF trades, shorting the DOW & S&P, and gold IAU and GLD.  As of today, the portfolio is trading much higher compared to the DOW.

Global forces may also spell Gloom & Doom in the coming months...many forecast a "Market Correction"...analysts vary, but 15% to 25% is not unrealistic.  alas Capitalism and the Market allows on to make money on a rise or a fall...choose wisely.