We apologize for the lack of a blog posts in the last few days, but it was a busy week. To reward our blog followers, we are putting up two new KRTT stock recommendations, that were sent out this weekend to our paid subscribers.
These two examples are not only excellent money making ideas in our viewpoint, but also they serve as valuable financial education for those learning new skills as presented here on our blog.
We are releasing the first recommendation immediately herein, and as time permits, we will to post the second buy recommendation tomorrow. We also planning on a releasing a more general market index update before the market opens on Monday morning.
The two equities that we will be discussing are immediate official KRTT BUY recommendations, but also are very unique and different in their characteristics.
We are demonstrating two unique stocks at different ends of the financial spectrum, each trading in a different country and on a different exchange, in a potent demonstration to highlight that in applying Natural Law Theory, and using properly taught Technical Analysis skills are universally applicable and are immensely accurate once combined.
The first buy recommendation herein (see chart below), is a very large USA institutional stock that is one of the most liquid stocks in the world - Citigroup.
Citi as it is commonly called by analysts, trades on the NYSE (trading symbol C:) as the second largest money-center USA bank. Most all traders and investors with some experience probably know of Citigroup (formerly Citicorp), as one of the USA banks bailed out by the USA Treasury Secretary Henry Paulson, Ben Bernanke at the USA FED, and the Obama administration during the sub-prime crisis.
KRTT follows Citi closely, including analysis of advanced Natural Law Theory and complex cycles at work. We advise up front, that KRTT recommended Citi (at lower prices) earlier this year (February 2010) and in 2009 when it traded at very opportune prices.
However, we have reiterated our Citigroup buy recommendation this weekend to our paid KRTT subscribers for very unusual and specific reasons. In short, we think the stock is near the verge of a bullish breakout based on both cycles and technical analysis.
In part, Citigroup also follows closely in line with our recent blog post, whereby we described that USA Financial Stocks (which make up about 16% of the SP500 Index) currently look technically attractive and bullish after a prolonged sideways trend, that we believe is about to end.
Also, as to our upcoming market outlook for the SP500 index, if USA financial stocks are moving in an upward direction, it is more difficult for the SP500 to have a bearish tone or outlook. The same is true in Canada and other countries where banks make up a large component of the major equity index. By the way, our outlook for Canadian financial stocks is vastly different than in the USA.
Yesterday, Friday October 01, 2010, was in line with our previously stated bullish USA financial outlook, and in the very first trading day of October, USA Financial stocks including Citigroup had one of the best days of the year. Citigroup closed up eighteen cents (18 cents) or more than 4 percent on heavy volume - classic of initiating phases of breakouts.
Moreover, not only does the bullish technical analysis posture of Citigroup shown on the included chart here look to be opportunistic technically, October just like September, is indeed a special and pivotal cycle month for many stocks - including Citigroup.
In short, KRTT thinks Citigroup is an excellent example of a solid buy recommendation for patient forward-looking institutional or conservative investors.
Moreover it is a high-quality liquid institutional equity. For traders, with shorter time horizons, Citi is also an attractive buy-side breakout trade with excellent places for stops on the chart. We thus recommend it as a buy, for both traders and investors without hesitation. We will keep you updated if we change our mind about Citi in the near future.
Finally, we add that our recommendation is premised primarily on our proprietary Natural Law Theory, Technical Analysis and our cycles work. Due to the proprietary cycles used, we are not able to show specific details, but they are available to our paid clients.
Over the weekend, we will also be posting a very different and far more exciting speculative commodity stock in another KRTT buy recommendation that currently trades on the Canadian Toronto Stock exchange (TSX).
In that second example, we also used a most powerful form of Natural Law Theory in conjunction with other analysis methods, that in summary provided KRTT a direct hit signaling the end of a bear market, and the immediate beginning of a new bull market. Imagine how good it would be to get in on a brand new bull market trend, on day one, and essentially at or near the record low traded price?
Please note that we also have great educational content in our separate blog pages. Again, we hope to post more content - tomorrow. If you enjoy the content you see here, please ensure your feedback by following this blog and passing the link out to your corporate peers or friends.
Sincerely,
James Kelly Sr.
Editor in Chief
www.KRTT.com
www.Facebook.com/KRTTcom
www.twitter.com/KRTTcom
No comments:
Post a Comment