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Wednesday, December 3, 2008
12/4/2008 StockRing advise, Part 1: SELL 43.5% or 435, HOLD 51.7% or 517, BUY 4.8% or 48 of 1000 Popular Mutual Funds
12/4/2008 StockRing Buy-Sell-Hold ratings for 1000 Mutual Funds
Our advise: SELL43.5% or
435,
HOLD 51.7% or
517,BUY 4.8% or
48 of 1000 Mutual Funds
12/4/2008 (Irvine, California) Today StockRing.com analyzed 1000 Mutual Funds being traded on Nasdaq and found that
43.5%
or 435
got a SELL rating.
Only 4.8%
or 48 mutual funds got a
BUY rating, while
another 51.7%
or 517 mutual funds got a
HOLD rating out of 1000 Mutual Funds being traded on Nasdaq.
Current Market outlook is extremely negative and we anticipate further market declines across all US
and most World stocks market indexes. According to our model the government would not be able
to compensate the market with enough liquidity to achieve normal operations. This would lead to
even more declines in all major stock market sectors.
By the way, StockRing found 90
Mutual Funds with SUPER SELL rating and
11 Mutual Funds with
SUPER BUY rating.
People who will suffer the most will be the owners of mutual fund shares.
According to our scenario mutual funds will not be able quickly exit from their rapidly
declining positions and would have to bear the most losses from more active players on
the market. Also, a few very well organized stock market players are trading a lot in stock
options and are securing currently very high prices for a lot of stocks while anticipating a
major decline in their share prices. In the recent year the most profitable strategy was buying
put options on all major stocks that consistently declined all year long from S&P 500 index in 2008.
At this time
StockRing recommends to buy SHORT positions on many stocks from S&P 500 Index stocks that currently have a
SELL or
SUPER SELL rating.
If you decide to take a LONG position and actually buy some stocks right now - please check the section of S&P 500 index stocks that have
a BUY or
SUPER BUY rating.
If you would like to receive Buy-Sell-Hold ratings specifically for your stocks and not just for stocks from
S&P 500 Index, then please
register for a Free 2 week trial with StockRing.com and begin receiving
your weekly reports with Buy-Sell-Hold ratings for all your stocks!
StockRing will completely automate your investment steps and quickly calculate which mutual funds you should SELL
right now and which ones to BUY. All
you have to do is sit and watch how StockRing software will manage and grow your invested wealth.
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