Tuesday, May 6, 2014

Fw: [New Layout!] NorAm Asset's The Wall Street Shuffle- May 6, 2014

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From: The Wall Street Shuffle Radio Show <becca@thewallstreetshuffle.com>
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Date: Tue, 6 May 2014 12:30:21 +0000
To: <mainandwall@comcast.net>
ReplyTo: The Wall Street Shuffle Radio Show <becca@thewallstreetshuffle.com>
Subject: [New Layout!] NorAm Asset's The Wall Street Shuffle- May 6, 2014

May 6, 2014
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Tim Reazor
Chief Investment Strategist
NorAm Asset Management

Leading Off… Where Gold Appears to be Headed


Gold found a bottom recently at the $1,288 price level.  This was a key level to hold.  After the anemic GPD report last week, coupled with a non-farm jobs- report that included the lowest labor participation rate in 30 years – gold is now off on running.

Running to where?

Gold needs to now hold the $1,300 price level and conquer the $1,315 price level 

 If this occurs the stage is set for a move up to $1,332.  If the perception of the economy gets worse than gold has the potential to run up to $1,350.

...Read More

Jim Jubak
President/Portfolio Manager
Jubak's Picks

This fully-intergrated engine maker continues to take costs out of its business, raise margins, and improve revenue, which is why MoneyShow's Jim Jubak consistently gravitates towards it and other companies doing the same.

Execution, execution, execution....Read More

Dan Stewart CFA®
President/Chief Investment Officer
NorAm Asset Management

Markets Rebound Off Lows, but Weakness Continues


The markets rebounded off of the early morning selloff to finish moderately in the green.  At one point, the DOW was down over 130 points.

My biggest problem with yesterdays 'rally' was volume.  Total volume was anemic.  It dropped double digit on both major exchanges.

Buyers simply weren't out, at least not in force, as Up Volume was also anemic.  Up Volume was just 43% on the NYSE.  It was a little stronger on the NASDAQ registering 54% helped by a bounce in the biotechs...Read More

  WHATS TRENDING 

 

Earnings Avalanche Looms for Biggest Biotech ETF


Smaller China banks step up shadow banking activity – Will the government bail them out?!


Global Regulators lack data to probe shadow banking sector – 70 Trillion Dollars' worth?! You need some real assets!


ETF Spotlight: Hard Asset Happiness


Billionaire Investor Loeb Sees 2014 As Opportunity, Warns Of Volatility – Really! I'd be more impressed if he just told us what to buy, and then when to sell.


The National Stock Exchange, or NSX, is closing its doors – Leaves just one public exchange


U.S. banks' Russian exposure falls during 1st quarter


China Manufacturing PMI continues to deteriorate


 

Your success in the market is predicated on a disciplined approach. The successful investor uses rules to guide them into and out of the markets. At NorAm Asset Management we've been using rule-based investing to guide clients to success for years. Our core strategies help clients achieve their long term goals everyday. We even have weekly income strategies to provide clients with extra cash-flow. If your portfolio isn't meeting your expectations give a call.

We can help.

You can reach us, Toll-Free at 855-REAL-WEALTH (732-5932)
DISCLAIMER: No information presented constitutes a recommendation by NorAm Asset Management and/or Dan Stewart, to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities by NorAm Asset Management and/or Dan Stewart. NorAm Asset Management and Dan Stewart, do not offer or provide any opinion regarding the nature, potential, value, suitability or profitability of any particular investment or investment strategy, and you are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.

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Suite 1030
AddisonTX 75001

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