Feedback Form
Home Features Mastermind Forums About Advertise Blog Network Contact Be An Author

With U.S. Unemployment at 8.1%, Here’s Where to Invest Today.

With U.S. Unemployment at 8.1%, Here’s Where to Invest Today.

Well, today we got the horrid news that the unemployment rate spiked up to 8.1% from 7.6% previously. In fact, over 650,000 jobs were lost last month.
Here’s the thing about fundamental trends…they don’t change quickly. When the “fundamental ball” is rolling in the right direction, it goes for a long time. However, unfortunately the inverse is true also: When the “fundamental ball” is rolling in the wrong direction, it’s not quickly turned around either.
So what does a higher unemployment rate and skyrocketing job losses mean? It means that you probably won’t see a bottom in the stock market until this bleeding stops.
As my readers know, I have a saying: Economies turn around like ships and not like speedboats. Therefore, knowing this, instead of trying to “pick the bottom” in the stock market, why not turn to what’s working now and not what “may” work years from now (because that’s how long it may take for many people’s stock positions to come back above water).
Even though stocks started off “up” this morning , do you really think that will continue as more corporations layoff workers and these “workers” which are also “consumers” who will spend less and less, and even default on their bills? I don’t think so. In fact, the market is correcting that “temporary upturn” even now.
There’s a lot of “fundamental trouble” staring the stock market in the face: 1 in 8 homes are in foreclosure and more than 103,000 individuals and businesses filed for bankruptcy last month.
Until this fundamental trend is stopped in its tracks, I don’t see a turn around in stocks. When will this turnaround come? I look to the “weekly” Initial Jobless Claims numbers. Once we see a parabolic spike upward AND a notable reversal, then we will probably be at the BEGINNING stages of the reversal of the economic downturn and bear market in stocks.
Look at a chart of Initial Jobless Claims and you can get a visual of what I’m talking about. Just before 2001, the last spike and reversal came about.

Initial Jobless Claims Spiked and Reversed Last in Late 2000



When you see the chart, you can see why I say this will be the “beginning” of a recovery once that spike and reversal happens. You’ll note that it still drags on for the next year.
This is why I cannot emphasize enough to capitalize on something that is PROSPERING NOW as opposed to waiting until all of the employment and economic situations finally works itself out.

This is what you should do in order to protect your portfolio now!

What’s bottomed now and likely to recover first? There are many Japanese yen pairs in the forex market that appear to have bottomed in October and have based sideways since then. They appear to be poised for a breakout higher in the coming weeks to months ahead. However, they are NOT breaking to fresh lows like most other financial instruments all over the world.
In fact, USD/JPY has recently broken out into new highs. It’s one of the few financial instruments in the world to do this in this present economic environment. So it’s always noteworthy to see something breaking out to the upside when most of the financial assets in the world are still breaking lower to the downside and will probably continue to do so for quite some time.
Therefore, you should check out these yen crosses: USD/JPY, EUR/JPY, AUD/JPY, CAD/JPY, etc. in the forex market.
Get a demo so you can see what I’m talking about. There you will have access to FREE, REAL TIME quotes and charts so you can get a feel for what I’m speaking about for yourself.
THEN…get an education in this market so you will feel comfortable investing in these currency pairs that have stabilized and even broken higher recently. After all, you need positions in your portfolio that are going up NOW in order to combat a slumping 401k, IRA or stock brokerage account. Time is of the essence. Don’t be paralyzed by fear and do nothing. Take charge of your future. Don’t wait on the government!

Sean Hyman
Head Course Instructor
My Wealth





With US Unemployment at 81 Heres Where to Invest Today - To learn more about this author, visit Sean Hyman's Website.

Like this article? Share it with your friends

Article Feedback
 Article Feedback No article feedback found.
  Leave Your Feedback
article feedback

Article Feedback

To learn more about the Evan Elite Author Program please contact us.

About The Author


Sean Hyman
(Visit Sean's Website) See my You Tube videos here that accompany my articles: http://www.youtube.com/results?sear ch_type=&search_query="Sean+Hyman"& aq=f myWealth.com provides affordable, online personal finance courses that enable everyone to effectively manage their money by making sound financial decisions. Making sound decisions is a prerequisite to achieving your financial goals and becoming financially secure. myWealth.com offers numerous courses that cover investing, managing ones personal finances and currency trading. myWealth.com's team of instructors, led by Sean Hyman and Bob O'Brien, pride themselves in thoroughly answering questions and patiently guiding each and every student through the course. Our instructors have years of experience trading various financial markets. They also have years of experience providing financial planning advice to individuals like you.

Sean Hyman is a Platinum author on EvanCarmichael.com
About The Author

View Author Blog
View Author Blog

View Author Video
Sean Hyman Video - Want to know what is in store for the U.S. dollar throughout 2009. Listen in and you will see what's in store by Sean Hyman
View Author Video

Free Downloads


Sean Hyman's

Complete
List Of
Personal-Finance
Articles

Name
Email
If you enjoyed this article, get Sean Hyman's Complete List of Personal-Finance Articles For FREE!

More Sean Hyman
How China is helping the Aussie Canadian dollars
Is Big Ben Bernanke popping the Government Bubble
Financial Markets Begin to prepare for a World of Inflation once again
Obama Stock Analyst Turned Currency Analyst
Auto Stocks In The New World
The Bank of Japan will buy 1 Trillion Yen of Shares Held by Banks But will it be enough
How the Swine Flu is Affecting the Dollar Peso and Yen
Earn Daily Interest While in this Currency Investment
THE Housing Solution
4 Reasons Why the British Pound is set to Soar Again
Free Downloads


 
 
 


Evan Elite Authors
George Ludwig  
Joe Dager  
Linda Richardson  
Evan Elite Authors

Become An Author
Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details.
Become An Author

Evan's Latest Video
Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media
Evan's Latest Video

Business Opportunities
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"

How to Start An Online Business

Click Here To Learn More
Business Opportunities



Evan's Newsletter
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
Name:
Email:
Evan`s Newsletter

Free Downloads
Maslow For Entrepreneurs Icon Maslow For Entrepreneurs
Emotions Drive Behavior Icon Emotions Drive Behavior
Capture More Clients Icon Capture More Clients
Business vs Personal  Icon Business vs Personal
Creating Rapport Guide Icon Creating Rapport Guide
Free Downloads - Complete List

Entrepreneur Tools and Guides
Fortune Hunters - CBC Entrepreneur TV
Fortune Hunters
CBC Entrepreneur TV
 
Top 50 Geek Business Blogs
Top 50 Geek Business Blogs
Top 50 Geek Business Blogs
 
Entrepreneur Tools and Guides

SEO For Africa
SEO For Africa
Wiyou BANAWAÏ Tsévié, Togo,
Wiyou BANAWAĂŹ
Tsévié, Togo
SEO For Africa

If I Were A Startup...
John Zarei and Shaan Parekh , $516k to $1.5 Mil in 2 years
John Zarei and Shaan Parekh
$516k to $1.5 Mil in 2 years
Dana Zita, > $2.5 Mil in revenues
Dana Zita
> $2.5 Mil in revenues
If I Were A Startup... - Complete List

Famous Entrepreneurs
Jennifer Lopez, J.Lo
Sergey Brin Larry Page, Google
Famous Entrepreneurs - Complete List

Entrepreneur Advice
Donald J. Trump, Trump University
Donald J. Trump
Trump University
T. Harv Eker, Millionaire Mind
T. Harv Eker
Millionaire Mind
Entrepreneur Advice - Complete List

Popular Articles
(Premium Authors)


Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

More Evan Carmichael
More Information