The stock market is at a level it really should not be in my opinion. Does anyone reading this really think that the economy and job place is where it was in 2007? I do not believe we are anywhere near there but the stock market has almost reached those same levels.
Why? Not sure with everything else going on in Europe, China, and other places. Then again many companies are sitting on more capital than they ever have before. But that is not enough for me; this market is prime for a major pull back or bear market.
When this happens however I personally believe that the stock market will never be that low again. Provided there is no major global disaster, which I guess is the big question these days. But you will never have a better buying opportunity ever again.
I will be looking at some stocks over the next few months or so and will have stock picks for you that will grow 100 times over after this low point in the stock market. I believe there are some companies in the ‘Green Industry’ that will really take off.
Actually Clean Energy Fuel, stock symbol CLNE, is one that has already taken off but wait for this next bear market to buy in. First Solar, FSLR is another one, but I will have more in the coming months.
Until this bear market is very careful playing in the stock market but money still can be made as we all know. It is just a matter of knowing where to put your money and when. For instance a month ago the banks would have been a great play. Either buying them straight up or with ‘call’ options there was money to be made.
Until I find something nice to share I would just say watch the market and look for it to start to sputter then place a QQQ ‘put’ option on the board. Always a nice safe way to play a bear market especially in the Tech sector as they have had a nice run also.
I will try to be more regular here with my updates with this section as well as others. Probably on a monthly basis. If I fail to come through for any of my readers please feel free to write me at jkanemky@yahoo.com and light a fire under my ass, so to speak…
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