Dirty PIGS

These European countries have sold off heavily in the bond market and some might say that their sovereign debt is looking appealing at these levels. Be very cautious if you take the plung into some of this junk debt.

PIGS Get Slaughtered

Portugal, Ireland, Greece and Spain are all in debt trouble. These European Union nations are the tip of the iceberg when it comes to concerns about the Euro. The EU will have to make some tough decisions over the next couple of weeks and months stabilizing currency and bailing out poor fiscal policy. It will be interesting to say the least and everyone should be paying close attention....Michael Barancyk

Bounce??

As we discussed on last weeks show, I believe that this latest correction was just that, a minor correction and not a return to the lows of the past. Occasionally, in a "Bull Market" or even in a "Bear Market Rally," whichever event that you believe we are currently experiencing, the stock market will take modest breaks in it's upward movement. While momentum continues in the economy, many stockholders take profits when they feel the market is heating up to quickly. Learn that lesson and you will continue to keep more of your profits....