by Barron Maestro on May 15, 2012
Market technician Charles Nenner of the Charles Nenner Research Center in Amsterdam was recently interviewed by Jim Puplava. Nenner said his downside target for the S&P 500 was 1325. If it breaks that level he said we would be in for a longer period of correction, but he thought it would hold with the market remaining in a trading range.
Nenner also said if the NASDAQ 100 doesn’t break 2600 he believes the the major market indices will reach new highs. However, over the longer term Nenner predicts the stock market will break down to much lower ground.
Nenner also commented on the gold and silver markets with some disturbing predictions for the metals bulls.
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by Barron Maestro on May 7, 2012
Berkshire Hathaway held its much followed annual meeting over the weekend. Becky Quick, Andrew Ross Sorkin and Joe Kernen interviewed Berkshire chairman and most famous investor in the world, Warren Buffett, this morning.
Buffett said he was buying stocks (two U. S. stocks he wouldn’t name, but that they already own).
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by Barron Maestro on April 16, 2012
Liz Claman interviewed Marc Faber, editor of “The Gloom, Boom and Doom Report,” last week regarding his outlook for the markets.
Faber said the rebound from the March 2009 lows had already discounted some mild form of recovery.
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by Barron Maestro on April 9, 2012
Charles Nenner was recently interviewed by Neil Cavuto regarding his outlook for the economy, stocks, and bonds. Charles Nenner is chairman and president of the Charles Nenner Research Center, an advisor to hedge funds, banks, investment houses and private clients.
Nenner said the overall economy was going to be stronger than everyone thinks; maybe one or two nice quarters of around 4% GDP growth. After that (in 2013), the economy would get weaker than everyone thinks.
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by Barron Maestro on April 5, 2012
CNBC’s Rick Santelli interviewed Harry Dent yesterday regarding his expectations for the stock market and Federal Reserve actions. Dent, founder of H.S. Dent, is the author of several books including The Great Crash Ahead: Strategies for a World Turned Upside Down
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Dent began the interview by saying he just told his subscribers to short stocks and the Euro on Tuesday (two days ago). He views the recent market weakness as an intermediate-term market correction.
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by Barron Maestro on March 30, 2012
Lou Dobbs interviewed a veteran Wall Street observer from days gone by, Harvey Eisen, regarding his views on the future direction of stock prices. Eisen gained minor fame as a regular on Louis Rukeyser’s Wall Street Week. Its probably been around 20 years since I’ve seen him, but he still looks about the same. Eisen is currently the Chairman of Bedford Oak Advisors.
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