Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Toddo on TV: Acting Proactively


Markets, movers and more.

Toddo is awaiting Turnaround Tuesday tomorrow. It's a time to be cautious and make sales against last week's buys.

On the Buzz & Banter, we're talking about the danger of being reactive to this market. With the Dow up 700+ points, it may be wise to act proactively. The head Minyan waqs selling exposure into this rally, getting back towards neutral. What's on Todd's list of things to watch? The Japanese Yen (FXY), gold and BHP Billiton (BHP).

Todd is also watching the homebuilders, particularly if the nationalization process enters into this sector. Also, strangely absent from the big rally was General Electric (GE) and JP Morgan (JPM). Keep your eyes open.

What's behind the big bounce in the Dow? It could be the settlement of Lehman's Credit Default Swaps. Also, the bond markets were closed. The important thing is to remember the four time horizons in trading: nuances, trends, phases and cycles.

Hank Paulson met with some major bank CEOs today as the government is considering buying equity stakes in some. Toddo thinks common stockholders should be given the right to buy into that equity. If that isn't the case, it will be diluted.

< Previous
  • 1
Next >
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos