Saturday, April 12, 2014

Stocks : A lot that were doing well in 2013 are getting clobbered in 2014

It seems like everything is reversing from 2013. A lot of the hot momentum stocks that were doing well in 2013 are the ones that are getting clobbered in 2014. Gold did poorly in 2013, doing really well in 2014. So a lot of the insanity of 2013 being reversed now in 2014. I expect that to continue.

Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.

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