Profit Confidential Expert Reports: Downside Selling Expected into 2013 Despite S&P 500s Winning Streak


New York, NY (PRWEB) December 06, 2012

In a recent Profit Confidential article, financial expert George Leong reports that while the S&P 500 recently experienced a five-day winning streak, this is not the beginning of a sustainable rally. According to the Profit Confidential expert, the market is prone to downside selling, meaning that stocks will find it difficult to advance higher going into 2013.

In the article The Stock Market Event You Need to Guard Against Right Now, Leong notes that sales on Black Friday were fine, but not spectacular, and the uncertainty of the fiscal cliff suggests tax increases and budgetary cuts to areas such as government spending will impact the middle class and, ultimately, its ability and desire to spend.

Then theres the big financial mess in the eurozone, adds Leong. Greece has yet to receive its next loan, but the country will need it to pay off its initial loan. A mess is an understatement here. [Theres] also the recession in Spain and an unemployment rate over 25%. Moreover, there are another five eurozone countries in a recession.

In all, this is not a time to get too comfortable in the equities market, states Leong.

Based on what has been seen so far in the third-quarter earnings season, Leong reasons that revenue growth is muted, as America tries to get its consumers to spend. He notes that the holiday shopping season will be critical for the U.S. economy.

In Leongs expert opinion, investors should avoid trying to time the market. Instead, the Profit Confidential expert recommends a prudent investment strategy, suggesting that investors make sure they have some trading plans in place, including an exit strategy through mental or physical stop-loss limits.

Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $ 300 an ounce. In 2006, it begged its readers to get out of the housing market…before it plunged.

Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.

To see the full article and to learn more about Profit Confidential, visit http://www.profitconfidential.com.

Profit Confidential is Lombardi Publishing Corporations free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit http://www.profitconfidential.com.

Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardis current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six.







Profit Confidential Expert Reports: Latest Housing Data Suggest U.S. Economy in 2013 Will Be Too Slow for Housing Market Rebound


New York, NY (PRWEB) November 10, 2012

In a recent Profit Confidential article, lead contributor and financial expert Michael Lombardi reports that, according to recent data from the Mortgage Bankers Association (MBA), the total number of mortgage applications filed in the U.S. fell 12% for the week ending October 19 compared to the week earlier. (Source: Mortgage Bankers Association, October 24, 2012.) Lombardi notes that this lack of appetite for borrowing is just one of many signs that suggest the U.S. housing market is still in poor condition. According to Lombardi, for the housing market to recover, the U.S. economy in 2013 will have to improve significantly, which he doesnt see happening.

Yes, there has been good housing market data flow from some parts, but overall the housing market is still beaten to the ground, says Lombardi. He believes the U.S. economy in 2013 will be worse than people expect.

Lombardi notes that while home prices may have increased a little, the overall market is still in trouble.

In the article Think Theres a Recovery in the Housing Market? Think Again, Lombardi reports that in September, the 30-year fixed mortgage rate in the U.S. fell to the record low of 3.47%, compared to 3.60% in August, according to Freddie Mac. (Source: National Association of Realtors.) But the growth in buyers for homes has not been from homeowners; it has come from investors.

To have a healthy housing market, the people who actually buy the homes need to live in them, reasons Lombardi. However, record-low interest rates are not luring would-be homeowners back into the housing market.

According to the Profit Confidential expert, in order for there to be a healthy recovery for the housing market and the U.S. economy in 2013, several areas will need to see an improvement, including an increase in mortgage lending, an increase in first-time homebuyers, an improvement in existing home sales, a decrease in distressed home sales, and mortgage payments made on time.

A housing market recovery is crucial to an economic recovery for America, but it has to be a real recovery; not investors buying houses to rent them out to tenants, Lombardi concludes, warning that both the housing market and the U.S. economy in 2013 are on the edge.

Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $ 300 an ounce. In 2006, it begged its readers to get out of the housing market…before it plunged.

Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.

To see the full article and to learn more about Profit Confidential, visit http://www.profitconfidential.com.

Profit Confidential is Lombardi Publishing Corporations free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit http://www.profitconfidential.com.

Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardis current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six.







Find More Real Estate Marketing Letters Press Releases

Scott Rister Real Estate Probate Profit Machine Secrets of Buying Property Now

Most popular secrets of real estate eBay auctions:

Las Vegas Home Owners who stop paying and profit. Short sale today buy tomorrow

www.shortsaleczar.com Steve hawks testimonial steve has helped thousands of under water home owners since 2007 Steve has been helping las vegas home owners and henderson home owners since 1998. Steve hawks is a las vegas real estate agent that gets results for his clients Las Vegas Home Owners that have recently stopped paying underwater mortgages are now reaping benefits. Call Las Vegas Realtor Steve Hawks for details! Henderson real estate agent steve hawks star of foreclosure city 702-458-3999 http www.shortsaleczar.com how do i short sale
Video Rating: 5 / 5

How To Make Modern Stained Glass Windows For Fun And Profit

How To Make Modern Stained Glass Windows For Fun And Profit
Quality Ebook. Gallery Showcases 300+ Color Photos Of Modern Windows In Hi-res. Spans Home & Garden, Hobby, Art & Crafts, Make Money. Fans Of Stained Glass Are Everywhere. All Homeowners Want One. Used By Artists & Teachers. Promoteglassart.org
How To Make Modern Stained Glass Windows For Fun And Profit

Run A Successful Mailorder Business From Home
Incredible New Ebook By The Mailorder Master – George Haylings. The Business Legend Reveals How He Ran His Mailorder Business From Home For 48+ Years Working Part-time, Making Incredible Money, & How You Can Too! Now As Ebook, Available Here Only!
Run A Successful Mailorder Business From Home