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Dec 18, 2009

As the Dow Goes, So Goes the Country






In this new video we just received from Adam Hewison,he analyzes how the Dow has managed to claw back  50 % of the losses that occurred in 2007 and 2009. 


Now the question he raises is what is ahead for this index? In the video you are about to watch, he shares with us some of the ideas he was looking for this Index. He believes that we are at a very important crossroads and should not be surprised to see this market losing grounds in the next 3 to six months.


As always the video is  free to watch and there is no need to register


Fernando Guzmán Cavero
FGC BOLSA  -  FGC FINANCIAL MARKETS




Market Watch :Weekly Round Up




MarketWatch's top stories of the week

December 18, 2009

By MarketWatch




Most U.S. stocks ended the week with small declines as investors digested economic data that suggested the recovery was on track, a sudden rise in the dollar and inflation worries. Good earnings from some tech companies boosted that sector.

The Dow Jones Industrial Average (.DJI) rose 20.63 points or 0.2% on Friday to close at 10,328.89. For the week the index fell 1.4%. The broader Standard & Poor's 500 Index (.SPX) rose 6.32 points or 0.6% to close at 1,102.39 on Friday but it fell 0.4% for the week. The Nasdaq Composite Index (.COMP) added 31.64 points or 1.5% on Friday to close at 2,211.69 on Friday and notch a 1% gain for the week.

Stay clicked in to MarketWatch over the weekend and we'll keep you up to speed on all the news you need. Our weekend feature takes a look at whether investing in commodities has provided the diversification of portfolios that investors believed.

Meanwhile, please have a look at our weekly preview videos:

 U.S. Week Ahead: Short but Significant

 Europe's Week Ahead: Budget Deficits, BAA Appeal

 Asia's Week Ahead: Japan Inflation Watch

-- Christopher Noble , assistant managing editor

Debt disaster fears

Rumors of a debt disaster are swirling around Europe, from Athens to Madrid and all the way to London. Vulnerable countries like Greece and Spain confront a mounting debt burden, which will likely lead to more ratings downgrades and more market sell-offs. The path to fiscal health will require painful, unpopular reforms. Read more about what may lie ahead for these countries .

Help for Dubai World

Abu Dhabi has given fellow emirate Dubai $10 billion in financing that will be used to pay part of the debt held by state-owned conglomerate Dubai World and its property unit Nakheel. Of the total, $4.1 billion will be used to repay Nakheel's Islamic bond maturing Monday, while the rest will be used to finance Dubai World's obligations through the end of April 2010. Read more about Dubai World's aid .

Fed stands pat

The Federal Reserve said the economy was on the mend -- but not yet healthy enough to warrant higher rates. The central bank was more upbeat about the economic outlook including labor markets, noting that businesses are no longer slashing payrolls. In the one surprise in the statement, the Fed emphasized that it will end most of its alphabet soup of emergency loan programs in the first quarter of 2010. Read more about the Fed's statement .

A rough 2010

Ah, to be recognized as "person of the year" on the same day Tiger Woods was named "athlete of the decade." There are almost no similarities between Federal Reserve Chairman Ben Bernanke, honored by Time Magazine, and Woods, who was named as a top athlete by the Associated Press, except one. Both are going to have a lousy year ahead. Read more of David Callaway's column .

Shying away from Citi sale

The Treasury Department backed off a plan to sell some of its Citigroup (C) shares, dealing a blow to the government's efforts to reduce its involvement in the financial-services industry. The bank said it raised roughly $20.5 billion selling new common stock and tangible equity units to help it extricate itself from the government's Troubled Asset Relief Program. Read more about Citi's capital-raising effort .

Energizing acquisition

Exxon Mobil (XOM) said it struck a $41 billion, all-stock deal to buy Houston-based XTO Energy (XTO), placing a big bet on the future of the domestic natural gas market. The acquisition, Exxon Mobil's biggest in a decade, sparked widespread investor speculation that the energy sector could be poised for a new round of consolidation. Read more about the deal .

Chip giant faces lawsuit

The Federal Trade Commission sued Intel (INTC), accusing the world's largest chip maker of "anticompetitive tactics" in the latest legal blow to the Silicon Valley icon. Intel quickly fired back, calling the FTC move "misguided" and arguing that the company has "competed fairly and lawfully." Read more about the tough year that Intel's been having .

Dreamliner finally takes flight

After more than two years of setbacks, Boeing's (BA) high-tech 787 Dreamliner took to cloudy skies Tuesday for its maiden flight, providing a much-needed lift to investor confidence and to the company's reputation. The 787 lifted off a wet runway in Everett, Wash., at about 10:27 a.m. Pacific time to the cheers of thousands of spectators, as viewed live from the company's Web site. Read more about the Dreamliner's maiden voyage .

Best Buy pays a price

Boosted by U.S. holiday shoppers in buying mode, Best Buy (BBY) said its third-quarter profit more than quadrupled and raised its full-year forecast. However, the stronger demand came at a price. The largest U.S. electronics chain said strong sales of less profitable laptop computers and lower-priced flat-panel televisions are expected to lead to lower-than-expected fourth-quarter gross margin. Read more about what that means for Best Buy .

Year-end bonus? Not so likely

At U.S. workplaces, the holidays just aren't what they used to be. Companies are scaling back on holiday parties, if they're having one at all, and the annual holiday bonus -- a Christmas tradition for some workers -- is no longer so traditional. Keep in mind: These aren't the multi-thousand-dollar payouts making recent headlines, either. Read more about the decline of the holiday bonus .

Get the latest news on our mobile site: http://www.marketwatch.com/m

From the desk of Nick Nicolaas











As every Friday and always on time , our friend Nick Nicolaas, President & CEO of Mining Interactive, sends  the Zeal Intelligence Newsletter on  the Mining Interactive Website. I strongly recommend to read this important outstanding and professional report.

Fernando Guzmán Cavero
FGC BOLSA - FGC FINANCIAL MARKETS

Dear Friends:

Adam Hamilton has posted his weekly Zeal Intelligence Newsletter on the Mining Interactive Website. Click here:
Have a great weekend and - - - Stay Tuned!!

Regards,

Nick L. Nicolaas
Mining Interactive “Ahead of the Pack”
Nick L. Nicolaas
President & CEO
Mining Interactive Corp.
www.mininginteractive.com

Direct 24/7: +1 (604) 657-4058
Main Office: +1 (604) 569-0800
Fax: +1 (604) 569-0758
Skype: nicknicolaas
nick@mininginteractive.com

Vancouver Stock Exchange Building (1929)
Suite 818 - 475 Howe Street
Vancouver, BC, Canada V6C 2B3
 

The Economist: Online Financial Articles





Articles-by-subject alert: Banking, pensions and financial regulation
From Economist.com, Friday December 18th 2009

The following have been newly published on Economist.com:

London as a financial centre
If Gordon Brown drives away international capital, British taxpayers will be the losers ... more

Swiss financial ambitions
Many funds are looking at Geneva. Fewer have moved ... more

London as a financial centre
London risks losing its global appeal ... more


Is the NASDAQ Running Out of Steam?




According to Adam, unlike the Dow and the S&P 500, the NASDAQ index  has reached unsustainable levels. and it is a very dangerous area for the index, and we should not be surprised to see a downward pressure coming into this market sometime later this year or in 2010.

As always this video is free and you do not need to register to view it.




Fernando Guzmán Cavero
FGC FOREX - FGC FINANCIAL MARKETS



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