SunLakes of AZ Blog

Using Open Source for work and play

July 2010

New Recovery Highs!

by Karl Schroeder for Finance

When was it, a week ago? We were waxing worriedly (enough alliteration) about the resistance right above us for the major market indices. Well, that is all pointless now as we’ve technically broken out above resistance and made marginal new highs. The leader in this effort was the NASDAQ, which actually broke above its January highs a couple of weeks ago and now is clearly in new recovery high territory. All the hoopla about the NAZ being a big loser over the past ten years means nothing to this current run. It is all about “what have you done for me lately?” The NAZ has been the leader in this bull market and looks like it doesn’t want to give up the lead.

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Medical Deductions for Seniors

by Karl Schroeder for Finance, Health

The 2009 tax filing season for tax professionals was both challenging and rewording. An issue that appears to be seen with increasing familiarity is Medical Deductions for
Seniors.
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Clean Homes Show Better

by Joan Byrnes for Real Estate

So, here’s a question for you. Would you rather walk into a clean home or a dirty one? No, it’s not a trick question but it is an important one. You see, when it comes to selling a home, many people forget how important the answer to that question really is. Sellers get busy looking for their new home, preparing the kids for a move, packing up their belongings, getting organized for their new life and relocation so much that sometimes their home that’s for sale doesn’t get the TLC that’s needed to push it to the top of the buyers’ must-have list.
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Beware Greeks Bearing Bonds

by admin for Finance

We have to thank Mark Hulbert of the Hulbert Financial Digest for regular reminders about contrarianism. The latest consumer confidence and consumer sentiment data are not a reason to worry about the length or strength of the economic recovery or the market advance. He notes that consumer sentiment is very much a lagging indicator and in times past has bottomed well after the onset of bull markets and economic recoveries. The current low for consumer sentiment was way back in May last year, although we aren’t that far from those levels after this past month’s reading. Typically, consumer sentiment turns several months after the onset of recovery and even further after the onset of bull markets. The recent reports are just a couple more bricks in the wall of worry that this bull market must climb.
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