ADDING TO MARATHON OIL (MRO)
August 8, 2011
We are adding a 10% tranche to Marachon Oil (MRO) right here at $24.36.
Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
We are adding a 10% tranche to Marachon Oil (MRO) right here at $24.36.
Added a 20% tranche to PowerShares QQQ (QQQ) at $51.61.
Exited this morning’s tranche of PowerShares QQQ (QQQ) at $52.52.
Added a 20% tranche to PowerShares QQQ (QQQ) at $52.22.
….Correct Information About The Law Here is what the law is: While S&P cut the long-term rating, it reaffirmed the short-term rating for the US at the top A-1+ level. This means money market funds will not be forced to sell US Treasuries. Most banks in the United States are regulated by the Federal Reserve Bank. The Federal Reserve has issued a crystal clear statement that there is no change in the risk weighting of US Treasuries. This means that the banks will not be forced to sell US Treasuries. Most insurance companies in the United States are governed by
Standard & Poor’s (S&P) has just downgraded U.S. credit rating to AA+ from AAA. S&P analysis can be found here. THis dongrade presents investment opportunities in SLV, GLD, TBT, TBF, TLT, SPY and QQQ. S&P Analysis Here is an overview of the analysis by S&P: We have lowered our long-term sovereign credit rating on the UnitedStates of America to ‘AA+’ from ‘ AAA’ and affirmed the ‘A-1+’ short-term rating. We have also removed both the short- and long-term ratings fromCreditWatch negative. The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls
Added a 20% tranche on PowerShares QQQ (QQQ) at $53.11.
We are taking profits and closing our Silver (SLV) position right here at $37.82. WE are also taking partial profits on our silver futures position at $38.85.