We Need Help! LandColt is Thinking of Holding a Job Fair!

There is no doubt that the hottest company in Texas is right here at LandColt Trading, Inc. We can't keep up with all of the media inquiries and questions about the markets. Which leads to this post: What's with the feeling of an inevitable market correction? We can't understand it, and quite frankly, our confidence continues to grow as we hear more and more concern about the markets!

As I wrote in yesterday's piece published by Taipan, the bad news is behind us. We continue to receive data that--yes--isn't the blockbuster data that shows GDP at +3%...but the numbers don't lie and things are improving a great deal. All we need is for the jobs picture to turn around, and we'll see more spending as consumers have deeper discretionary budgets.

And, here's the thing as I told Reuters this morning on our conference call: Fear was the octane that pushed equity valuations to insane lows. Investors did what they did in the fall and March because they wished they had done it 2 years ago...they wished they had sold their stocks!! Here's the thing, though: markets are rallying based on fundamentals (Finance 101), and very little emotion is pushing stocks higher. Incorporate the $3.6 trillion sitting in money markets yielding 0.08% on average (according to Kiplinger's) and you have the foundation that can push the S&P 500 well past 1,300 by year-end!

So, it's important to stay concerned, but it's also critically important to take advantage of money making opportunities as they present themselves. Start to be concerned when all you hear is nonsense that 'there's no such thing as a down market'.

Until later,

Todd M. Schoenberger
Managing Director
LandColt Trading, Inc.