Brushing Off The Panic

Brushing Off The Panic

This past Thrusday, the stock market took a dump.

Walmart missed earnings estimates reporting that traffic through the stores were good, but shoppers were spending less.Then analysts used Walmart's report as an excuse to put the investment community into Panic-mode by saying that we were definitely heading into recession.

Hence, there was a big sell-off Thursday & Friday.

What Are We Panicking For?

To use Walmart's sales report as a gauge is ridiculous.

Here's are a couple questions we should ask ourselves:

• Did we forget that people were probably traveling on vacation?
• Did we forget that many consumers have been buying more expensive items lately such as automobiles & homes?
• And what about specialty stores carrying top name brands? Did we stop to look at whether people are shopping more at these type locations?

The Way I See It

Market volume has been extremely most likely due to traders being on Summer vacation. This correction was necessary because the market climbed too fast in too short a time. We should see a stable market now that children have once again started school and traders are back in the game.

Take A Deep Breath From The Recent Dip & Refocus On Viewing The Market With Simplicity.

SFMI: Worth Taking A Look

SFMI: Worth Taking A Look

 

SFMI, Silver Falcon Mining Inc.

During my research of companies to invest in, I came across a small mining company (SFMI) Silver Falcon Mining Inc. which has the potential to get pretty big.

You will see that SFMI is currently a penny stock trading over the counter at an average price of .0085 - .01.

Take a look at the 5 day chart below:

I have read most of the boards for this stock and there seems to be a lot of negative tone in members' discussions.

Nevertheless, this small company is trying to get itself off the ground. News indicates that it is awaiting inspection & financing to begin collecting material for processing gold and silver.

I think this stock is worth observing. If they get all they need to finally get that push into profitability, SFMI could take off big.

I would keep an eye on this one.

AMD: I See A Pop Coming

AMD: I See A Pop Coming

I have been tracking  (AMD) Advanced Micro Devices for some time now.

As of today, the 52-week range was 1.81 - 4.65.

With recent news of AMD entering into various contracts with their processors in upcoming gaming consoles, you can see that management has done a great job in streaming away from focusing on the PC market, into other avenues of profit.

Take a look at the current 3 month chart below:

The next generation consoles Sony's PlayStation 4 & Microsoft's XBox One should be ready for shipment by the holidays. I am sure millions of these consoles will be bought by consumers, which will promote great profit for AMD.

As can be seen from the chart above, AMD's stock has hit a 3-month low which is a great time to buy.

I see it simply. Load up on this stock before it takes off.