Weekly Commentary for March 22, 2011
Lots of chatter about how Japan will be rebuilt, and who is going to benefit. Hold on, cowboy.
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The speculation swirls around heavy machinery, and earth-movers for example. Others are talking up the idea Japan will want to get to work on nuclear power. But a lot of folks are still missing the point.
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So before folks do “the freak” about how long the wait might be to get a new iPad2, think about this:
Japanese dairy farmers are being told they cannot sell their milk. Or their spinach. And now fish are showing up with high levels of radiation. Would you drink the water? Japan, the third biggest economy, needs FOOD.
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If you are relying on a blog post for specific investment advice, you are making a huge mistake. Please speak with an investment adviser before making ANY investment decisions.
If you do not have an investment adviser, we encourage you to contact Mullooly Asset Management at 732-223-9000, or through our website.
Under no circumstances should the content discussed on this post be considered specific investment advice.
Funny coincidence how commodities have been moving quickly to the top of the favored sectors list.
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These point and figure charts continue to measure what is in demand, what is in supply. Point and Figure charts do not read the headlines, and do not speculate on what is (or is not) working. They track prices, including commodity prices. And people vote with their wallets. Every single day.
Which sectors are grabbing the lead tells the tale… Commodity prices (and inflation) appear to be going higher.
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