Archive for September, 2009

  • The Golden Arches are not so Golden

    Take a look at McDonalds (stock symbol MCD). While the Nasadaq and Dow and SP500 have enjoyed a nice rally the past few weeks, old Mac is struggling to hold the lows for the past 3 months. This is a sign of poor relative strength as compared to the “Big Engine” SP500.

    Watch this stock over the next few days and weeks. If an individual stock cannot rally while the entire stock market is in a strong rally, what do you think the stock will do, if the whole market begins to fall? Watch MCD over the next few days and weeks. You will learn how to avoid the “dogs” and focus on stocks that show positive relative strength to the marketplace. Once you know how to compare your stock versus the market as a whole, you will find that you say the following much less often. “Why do the stocks I pick never seem to go up after I buy them”? Could it be you are not paying attention to individual stock relative strength?

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    2009.09.10 / no responses / Category: The Stock Market

  • Which Side of the Fence are You On?

    I realize which side of the health care debate many of the Shufflers may be on. You have health care from your employer and you like your doctors and you do not want any new government program. There is no way you want any chance that your coverage can be compromised or minimized in any way. Stay out of my health care!

    Seniors have medicare so they don’t want a new government health care plan, because there is no way we can trust congress to do it right. Well wait! Medicare is a goverment health care plan. Well you know what I mean. There is no way the goverment should offer a plan that seniors have to non seniors. Stay out of my health care.

    I have the unfortunate priviledge  of having to deal with health care from the other side of the fence. I am near 60. I am self employed as a trader and advisor and I was dropped by a very large health care company. Let’s call them company A for their first letter in their name. Now you may ask. Do I have cancer or some serious illness? Was I too expensive? No. I have controlled high blood pressure with elevated cholesterol levels. So do many of you who have coverage. But I was dropped. And no it was not my weight. I am a runner. Why did they drop me? Because private insurance companies can do anything they want.

    For the past 40 years, there has not been a single year in which my insurance premiums did not exceed the amount paid out by my insurance providers. Yet I was dropped. Before I was dropped I had surgery for a shoulder injury. I paid out more in deductibles and co pays then the insurance paid in total-and this was with coverage!

    I applied for insurance from many of the BIG name companies. Company U said no way. Company BC said no to me, but they would cover my wife and children. When I now apply there is a box in every application that asks “Have you ever been denied coverage?” I now have to answer YES. Guess what that response gets me from other companies? That’s right. Further denials.

    I am so sad about the public debate about health care, because both extremes from both parties are insuring that nothing of substance will be done. Yet we all know something must be done. Now you have coverage so I know what side of the debate you are on. I don’t and no company for which I have applied will accept me. So am I for a public option? Yes. The answer is simple. For me, it is the only option I have.

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    2009.09.09 / no responses / Category: Uncategorized

  • Welcome to my Debt Buyers’ blog.

    I am looking forward to having a lot of fun while providing insight and knowledge to those who are interested in this unique and rewarding market.  I am sure you will find the blog valuable and informative.  So let the blogging begin!

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    2009.09.08 / 4 responses / Category: Author, Dennis Hammond, Uncategorized

  • Welcome to my Blog

    Good day Shufflers! Thanks for reading!!! I will be frequently updating my blog. I’m going to be coming from a different angle compared to my counterparts. As a third-year broadcast journalism, finance and accounting student at Syracuse University, I am not an expert on anything quite yet, but I feel I do have lots of valuable advice to share with you!

    Stay tuned!!!!!

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    2009.09.08 / no responses / Category: Naresh Vissa

  • I Hope You Shufflers Had a Good Night Sleep

    I hope you had a good night sleep, because, while you slept in your bed this past weekend, the dollars in your wallet fell in value against every major currency. This fall in the US dollar created much more of a stir in the financial markets than just what you or I could do with our American dollars, if we were to venture overseas. The fall in the US dollar helped the energy market stage a dramatic rally in both crude oil and products. So better “fill ‘er up” on the way home.

    This fall in the dollar helped the gold market make the magical $1,000 print as well. However, since all markets have fun with new investors, gold settled below that level just to create a little concern for those who may have purchased gold with 4 big digits. The old high for gold was made in February of 2009 near $1,015 an ounce, so we have not made a clear pathway into the stratosphere quite yet, but that will be the upper targets, if the US dollar keeps falling- while we sleep.

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    2009.09.08 / no responses / Category: TCC, Uncategorized

  • Welcome to the New Wall Street Shuffle Site & My New Blog

    Check here daily for some of the best financial insight on the web.

    “You need to know what we know…”

    Dan

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    2009.09.08 / no responses / Category: Author, Dan Cofall, Uncategorized

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