Thursday, October 30, 2008

Stock Market News Update From NYSE October 30, 2008

US CONSUMERS CUT SPENDING, GDP FALLS 0.3%
Gross domestic product in the 3Q slumps to 0.3%, the sharpest drop since 2001 and starting what experts say is a recession. Analysts expect a deeper drop in the final months of 2008, and a further decline in 2009. On a brighter note, new claims for unemployment benefits hold steady at a seasonally adjusted 479,000.

US STOCKS ADVANCE BUT REMAIN OFF HIGHS

Stocks retreat from early-session highs after a round of gloomy economic data but hold on to gains on hopes the Fed's rate cut will be supported by similar moves from other central banks. The CBOE market volatility index declines 6.2% to 65.66, a sign that expectations of market swings are subsiding.
AMERICAN EXPRESS CUTTING 10% OF STAFF

American Express will cut nearly 7,000 jobs as part of a cost-cutting effort the credit-card company hopes will generate $1.8 billion in savings next year. The work force reduction will result in 4Q restructuring charges of $370 million to $440 million. Shares rise 4%.
EXXON MOBIL NET SURGES ON PRICE GAINS

Exxon Mobil reports a 58% increase in third-quarter net income, smashing its own record for quarterly profits, amid a $1.62 billion gain and high oil prices. The oil company posted a net income of $14.83 billion, or $2.86 a share. Shares edge down.
GMAC SEEKS BANK-HOLDING STATUS

GMAC confirms that it's seeking to convert to bank-holding company status and may raise capital via a private offering in a move that would allow it to gain access to the government's $700 billion financial rescue plan.
RATES STILL FALLING IN COMMERCIAL PAPER MARKET

Momentum is gathering in the $1.45 trillion commercial paper market, with rates still falling and investors buying debt that matures past one day, spurred by the Federal Reserve's rate cut and its program to support the commercial paper market.
KANSAS CITY FED SEES MANUFACTURING HIT RECORD LOW

Index of manufacturing activity in the Federal Reserve Bank of Kansas City's district drops to -23 in October, from -9 in September, for the worst reading in the survey's 14-year history. New orders also fall to record low.
LAZEAR SEES GROWTH EARLY IN NEXT PRESIDENT'S TERM

"We think it is realistic to think some time early in the term of the next president we can start to see solid growth," Edward Lazear, Chairman of the Council of Economic Advisers, says, declining to say whether U.S. is now in a recession.
ALCATEL CEO REASSURES ON FINANCES; SHARES LEAP

Telecommunications equipment maker's new chief executive, Ben Verwaayen, soothes investor concerns over its financial stability and says he is carrying out a strategic review of Alcatel-Lucent's activities, pushing shares up 16%. Adjusted 3Q operating profit falls 43%.
INTERNATIONAL PAPER NET FALLS ON HIGHER COSTS

International Paper's 3Q net drops 31% as higher prices fail to offset rising costs. Paper products company earns $149 million, or 35c a share. Revenue up 23% on its purchase of Weyerhaeuser.
TOYOTA TO EXPORT US-BUILT SEQUOIAS, TUNDRAS

Toyota Motor says it will export its U.S.-built Sequoia and Tundra vehicles to Latin America and the Middle East, the first time the auto maker is shipping them overseas as the company looks to offset slumping U.S. demand.
EXPEDIA NET DOWN 4.8% AMID FOREX LOSS

The online travel agency says it will cut costs in light of slumping travel spending in the past two months. It reports net income of $94.8 million, or 33 cents a share, as revenue rises 9.7% to $833.3 million. Shares slip 1%.
CBS POSTS HUGE LOSS ON LICENSE WRITE-DOWN

CBS swings to a huge third-quarter loss as it records $14.12 billion in goodwill write-downs related to the value of federal broadcasting licenses. The media company posted a net loss of $12.5 billion, or $18.58 a share. Revenue grew 2.9% to $3.38 billion. Shares rise 6%.
EASTMAN KODAK CUTS OUTLOOK, NET JUMPS

Photography giant's 3Q net nearly triples to $96 million, or 34c a share, following restructuring charges a year ago, but company cuts its 2008 outlook, expecting revenue to fall 3%-5% for the year.
MOTOROLA POSTS LOSS, CUTS FULL-YEAR VIEW

Motorola posts a 3Q net loss of $397 million, or 18c a share, compared with year-earlier net income of $60 million, or 3c a share. Restructuring changes expected to save $600 million next year, when losses are expected to narrow. Shares down 5%.
ICE SAYS BANKS' CDS CAPITAL NEEDS TO INCREASE

IntercontinentalExchange forecasts a huge shakeup in the credit-default swap market, with banks and dealers likely to pledge more capital to support the $55 trillion business. Shares of the exchange rise 21%.
BROWN SAYS IMF MUST PLAY ROLE IN HELPING E EUROPE

U.K. Prime Minister Gordon Brown calls on the International Monetary Fund to play a key role in tackling economic problems in Eastern Europe. Brown has called on oil-rich nations and those with large reserves to top up the IMF's resources.
SAUDI, TWO OTHER ARAB GULF STATES CUT RATES

Saudi Arabia, the Middle East's biggest economy, and two other Arab Gulf states, Kuwait and Bahrain, adopt the U.S. Federal Reserve's key interest rate cut to support their banking systems amid the ongoing world financial crisis.
CIGNA NET SLUMPS 53%, CUTS OUTLOOK

Managed-care firm's 3Q net income drops 53% to $171 million, or 62c a share, amid losses in run-off reinsurance segment. Revenue grows 9.9% to $4.85 billion. Company lowers its full-year earnings outlook. Shares fall 14%.
OIL FALLS $2 IN CHOPPY TRADING

Crude oil futures fall $2 a barrel as traders searched for a short-term bottom in prices. December delivery was recently down $2.01, or 3%, to $65.49 a barrel on the New York Mercantile Exchange.
PHILLIES OUTLAST RAYS, CAPTURE WORLD SERIES

Jayson Werth and Pedro Feliz each drove in a run in the resumption of Game Five to lift the Phillies to a 4-3 victory over the Tampa Bay Rays, clinching their first World Series title since 1980 and the second in franchise history.



======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES =======

BROKER'S WORLD
BofA Gets Stingy With Brokers' Stay Bonuses
Bank of America is being pretty frugal when it comes to Merrill Lynch's renowned brokerage force, which is used to getting star treatment from Mother Merrill, Annie Gasparro writes.

HEARD ON THE STREET
After Market Rout, Pension Pain Looms
Corporate pension plans dug themselves out of a deep hole between 2002 and 2007. Now, they're back in it. That presents yet another worry, shortfalls will likely result next year in all-round hits, David Reilly writes.

============ U.S. MARKETS ACTION ===========
DJIA up 79.97 points to 9070.93
NASDAQ up 17.13 points to 1674.34
S&P 500 up 9.40 points to 939.49
10-year T-note 100 20/32 at 3.922 yield dn .040
NYMEX Crude down $1.80 at $ 65.70/bbl
Euro/Dollar down 0.0130 at 1.2830

Market Moves October 30, 2008

NEW YORK (Dow Jones)--Yellow pages directories publisher Idearc Inc. (IAR) announced Thursday it has drawn on most of its $250 million revolving credit facility to shore up liqudity after a dismal third quarter. The company said it tapped $247 million under the facility about a week ago and intends to use to proceeds for general corporate purposes.

The news comes as Idearc posted a worse-than-expected drop in quarterly profit and said it retained Merrill Lynch & Co. and Moelis & Co. to review alternatives related to its capital structure.

Idearc's 8% bonds due 2016 slumped over three points on the news to 18 cents on the dollar to over 50%, according to levels from MarketAxess. Idearc, which was spun off from Verizon Communications Inc. (vZ) in 2006, revealed third-quarter earnings before interest, tax, depreciation and amortisation or EBITDA - a key measure of cash flow - slumped 21.6%. Net income for the quarter meanwhile slumped 37.6%, while total revenue fell 7.1%. Idearc joins a long list of speculative grade companies buttressing their liquidity positions by turning to their revolving credit lines amid concern they may not be able to gain access to funds in the capital markets.

Dallas-based television station operator Belo Corp., for instance, said Thursday that it drew $364 million on its revolving credit facility to retire $350 million of 8% senior notes due Nov. 3, plus accrued interest.

While, Freescale Semiconductor drew $460 million under its $750 million revolving loan and IT-outsourcing company Computer Sciences (CSC) fully drew its $1.5 billion commercial-paper backstop facility last week.

Others include Calpine Corp. (CPN), Dana Corp. (DAN), Pinnacle Foods Group Inc., American Airlines, Goodyear Tire & Rubber Co. (GT), General Motors Corp. (GM), and FairPoint Communications (FRP).

By Kate Haywood, Dow Jones Newswires;
Dow Jones NewswiresOctober 30, 2008 10:17 ET (14:17 GMT)

Wednesday, October 29, 2008

Types Of Orders On NY Stock Exchange

What is market order? What is a limit order? What is a stop order? What is a stop market order? What is a stop limit order? What is a trailing stop order? This article explains how different types of orders work on NYSE.

Orders are accepted subject to the rules and policies of the various exchanges and execution points. Marketplace rules also differ for normal and Extended-Hours Trading sessions.

Order Types

Select the order type from the following choices:

Market Order – Choosing “Market” for the order type indicates that you wish to seek an immediate execution for your order at the next available market price.

Limit – Choosing “Limit” for the order type indicates that you wish to seek the purchase or sale of a stock at a specific price or better. Please remember that stocks and options can trade on multiple exchanges, but an order can only be placed with one exchange, market maker or electronic communications network (ECN). Therefore, your order is entitled to be filled in the marketplace with which it was placed. Be careful not to assume your order has been executed simply because the stock or options trades at the price specified in your limit order. If the security trades through your price, contact a TD AMERITRADE representative for a possible confirmation.

Stop – When placing a Stop order to buy, enter a stop price above the ask price. When placing a Stop order to sell, enter a price below the current bid price. Sell-Stop orders for NYSE, NASDAQ and OTCBB securities are activated by the bid price, and Buy-Stop orders by the ask price. An options Sell-Stop is activated by the print (trade) price or ask/offer price. An options Buy-Stop is activated by the bid price, or a print (trade). Stop orders are accepted on listed stocks, NASDAQ (NMS) stocks and most options.

With Stop orders, there is no guarantee that the execution price of your order will be at or near the activation price. Execution at a price different than the activation price is more likely to occur in conditions such as a fast-moving market, at market open or market close, or when trading has been halted on a security.

Stop market – Choosing “Stop market” for the order type indicates that you want your Stop order to become a market order once a specific price has been reached. There is no guarantee that the execution price will be equal to or near the activation price. Stop orders are accepted on listed stocks, NASDAQ (NMS) stocks and most options.

Stop limit – Choosing “Stop limit” for the order type indicates that you want this order to seek an execution at a specific limit price or better once the activation price is reached. Enter an activation price as well as a limit price for these orders. Depending on your strategy, the limit price and activation price may be the same. The order becomes a limit order once the activation price has been reached.

Stop limit orders are accepted on listed stocks, NASDAQ (NMS) stocks and most options.

Trailing Stop – Trailing Stops are orders entered with a stop parameter that creates a moving or “trailing” activation price. Sell Trailing Stop orders may help you control risk on open positions by allowing you to enter a stop order with an activation price that changes with the market. The Stop order works with a ratchet effect, trailing price movements, in a positive direction only. For Sell Trailing Stops, the activation price only moves upward. For Buy Trailing Stops, the activation price only moves downward. If the price reverses direction, the Stop remains at its previous level and will be activated if the price reverses by more than the number of points or percent specified.

How To Trade Stocks On Stock Exchange Online

You can place trades for stocks, Exchange Traded Funds (ETFs), options, mutual funds and bonds.

Stocks

You can trade nearly any stock on any domestic exchange – blue chips on the New York Stock Exchange (NYSE), technology stocks on the NASDAQ, Over-The-Counter Bulletin Board (OTCBB) securities, and pink sheet securities. When trading stock, it is your responsibility to ensure you have sufficient cash or available funds before placing a Buy order. You are also responsible for having the necessary shares in your account before placing a Sell order. Stock trades are settled within three business days after the transaction.

Bulletin Board Stocks

To Trade on OTCBB, place orders on OTCBB and pink sheet stock orders on the online stock trading ticket. The types of orders that can be placed for these securities are outlined in the OTCBB Securities Trading Rules, which are available on your trading platform. Orders on these types of securities may represent a greater investment risk as these securities represent low-priced shares that do not qualify to be traded on a national stock exchange or on NASDAQ for various reasons. Instead, dealers trade these securities on a manual basis and are not required to make a market in the security or hold shares in inventory. Because these securities are not always traded through automated or electronically linked execution systems, accurate quotes and immediate executions may not be available. It is not uncommon for the manual execution process to take several minutes.

Exchange Traded Funds

Exchange Traded Funds (ETFs) are registered investment companies that trade on an exchange like a stock. ETF orders can be placed on the stock trading ticket. These funds track established market indexes, yet trade like a single stock. Commission fees apply. Those who practice frequent dollar-cost averaging and active traders may generate trading costs that outweigh any cost benefit. Trading prices may not reflect the actual net asset value (NAV) of the underlying securities.

Be sure to carefully consider the particular ETF’s investing objectives, risks, charges and expenses involved before investing in an ETF. To learn how to obtain a prospectus containing this and other important information, please visit the Research & Ideas section on our Web site or call a TD AMERITRADE representative. Please read the prospectus carefully before investing.

Options

Due to the inherent risks involved and the complexities of certain options transactions, options are not suitable for all investors. Industry regulations require certain conditions be met before

Investment strategies that include options trading expose investors to additional costs, increased risks and potentially rapid and substantial losses. Please review Characteristics and Risks of Standardized Options before incorporating options trading into your investment strategy. This booklet, published by the Options Clearing Corporation, contains important information on standardized options and options markets.

Mutual Funds

Before investing in a mutual fund, be sure to carefully consider the particular fund’s investing objectives, risks, charges and expenses involved.

Bonds

Fixed-income securities play a role in many portfolio strategies. Chose from a large number of bond selections, including U.S. Treasury, corporate, government, collateralized mortgage obligations (CMO) and municipal bonds.

When To Place and Execute Trades On NYSE

Market Sessions

Regular Trading

Trades are executed during normal market hours (currently 9:30 a.m. to 4 p.m. ET). If an order is placed after market hours, it will be sent to the marketplace for the next business day’s trading session. Options market hours are generally 9:30 a.m. to 4:15 p.m. ET. Most equity and narrow-based index options stop trading at 4 p.m., and broad-based index options stop trading at 4:15 p.m. Mutual fund orders placed after a specific fund’s cut-off time will usually receive the following business day’s NAV.

Extended-Hours Trading

Pre-market and after-hours trading sessions. The A.M. session is from 8 a.m. through 9:15 a.m. ET, Monday through Friday. The P.M. session is from 4:15 p.m. through 8 p.m. ET, Monday through Friday (excluding market holidays). This service allows clients to trade more than 8,000 equity securities outside of normal market hours.

Friday, October 24, 2008

Stock Recommendations Fridays October 24 2008

From Standard & Poor's Equity Research. Western Digital Corp. Needham upgrades to strong buy from buy Western Digital (WDC) posted fiscal first quarter results. Needham analyst Richard Kugele says the company's $2.1 billion in revenue and 93 cents non-GAAP EPS compare to his $2.08 billion and 84 cents estimates. He says Western Digital conservatively forecasted muted demand; he takes it further and assumes no material improvement through fiscal 2009 (June), with an even weaker fiscal 2010. Kugele says he's now comfortable with his estimates for first time in six months; nevertheless, Western Digital was trading (pre-open Oct. 24) at book value, $1 above tangible book, and materially below historical trough valuations of 0.5x sales, at a whopping 4.2x even his lowered $3.10 (from $3.29) fiscal 2009 EPS estimate. He has a $22 12-month price target on the stock.

Netgear, Inc. Wedbush Morgan cuts target Wedbush Morgan analyst Rohit Chopra says Netgear Netgear (NTGR) posted mixed third quarter results and issued lower-than-expected guidance as economy takes its toll on business. He notes the company's 19 cents third quarter EPS missed his 24 cents estimate, due to a revenue shortfall, forex losses from a stronger U.S. dollar, and higher taxes. Chopra says weak retail and service provider channels caused the revenue shortfall. He cut his 2008 estimates to $1.18 EPS on $739.2 million in revenue from $1.41 and $770.4 million, respectively. Chopra sees some support for the stock coming from a 6 million-share buyback. He kept his hold rating on the stock, but lowered his $13 price target to $12, based on P/E analysis.

Juniper Networks, Inc. Stifel cuts target Stifel analyst Sanjiv Wadhwani says Juniper Networks (JNPR) posted solid third quarter results but gave cautious fourth quarter guidance due to the macro environment. He notes that Juniper's $947 million in revenue and 32 cents non-GAAP EPS beat his $930 million and 29 cents estimates. Wadhwani says Juniper management is emphatic that they haven't seen slowdown in business but rather the overall macro environment, and its desire to get the right cost structure for the company in case customers slow purchases was a factor that led to its lower guidance. Wadhwani says fourth quarter revenues are expected at $921-$971 million; the low end assumes a material slowdown in the company's business. EPS is seen at 30-33 cents. The analyst cut his $25 price target to $23, but kept his buy rating on the shares.

STANDARD & POOR’S The Outlook October 29, 2008

Even though the drop in oil prices over the past month has quieted some of the buzz over energy issues, the surge in gasoline prices to more than $4 a gallon this summer means that energy costs are still a major “pocketbook” issue for voters.

Amid growing worries over the volatility of oil and natural gas prices and the environmental effects of burning coal, many electric utilities are turning to nuclear power for its history of stable fuel costs and lack of carbon dioxide emissions. A massive expansion of the global nuclear power industry is now taking shape, with plans being laid or construction already underway for more than 200 new reactors around the world — about a 50% increase from today’s total. But a possible shortage of nuclear fuel has some companies building or planning to build uranium enrichment plants.

Underlying this shift is the belief that fuel for nuclear power plants — most plants use the uranium 235 isotope enriched to a concentration of between 3% and 5% — will be readily available at stable prices.

According to the World Nuclear Association, “uranium’s worldwide availability at economically viable cost is a key factor that would allow a sharp expansion in nuclear power.”

Whether, in fact, a shortage will be the case a few years down the road is a matter of growing unease for utility executives and industry regulators, due to an expected shortage not of uranium itself — which is found in relative abundance around the world — but of the capacity to enrich “natural” uranium to the concentrations needed by the world’s current and future fleet of commercial reactors. A shortage could materialize as soon as 2010, according to the Euratom Supply Agency — the body tasked by the European Commission with ensuring “the regular and equitable supply of nuclear fuels.”

“The period from 2010 to 2013 could be very sensitive regarding the balance between enrichment services demand and offer,” the Agency said in an April 2008 communique, adding it is also “concerned about the situation from 2013 onwards,” and countries receiving enriched uranium from a single supplier “may face serious problems.”

Source: STANDARD & POOR’S THE OUTLOOK OCTOBER 29, 2008

Is the flight to safety creating bond buyer opportunities?

Fear and panic are equally well at work in both the fixed income markets and the equity markets. According to fund-tracker AMG Data, investors pulled more than $1 billion out of junk-bond funds since September, worried that default rates could spike from their current low of 3% for the first nine months of the year. But what about the nearly $6 billion they have pulled from investment grade Corporate bond funds? It looks like a lot of high-quality non-financial corporate debt is being thrown out with the bathwater. On average, investment grade debt is selling for 87 cents on the dollar to yield 8.5% vs 69 cents for potentially toxic junk yielding 17%, according to Merrill Lynch.

Overall, the $2.5 trillion market for investment grade Corporates has fallen 11% since the start of September 2008 and 11.5% since the start of the year—as compared to a loss of 3.3% in 1994, its worst year ever. Junk has fallen 17% since September and 19% since the start of the year. Its worse annual loss ever was 5% in 2000, when tech stocks cratered. Meanwhile the
spread between investment grade Corporates and Treasuries is at an unprecedented 5.35 percentage points while the junk spread versus Treasuries is a huge 14 percentage points. The flight-to-safety has made Treasuries the only positive fixed-income performer year-to-date.

The Corporate bond market appears to be forecasting a recession as bad as the Great Depression. And while we expect non-financial sectors to feel the effects of recession, we also see the Fed and the Treasury working to relieve the financial crisis and limit the degree of slow down. High quality Corporates with stable underlying cash flow streams, low debt levels and operating in low-default defensive sectors such as consumer staples, utilities and health care could prove to be attractive buying opportunities for long-term investors.

What Are Conditional Orders?

Creating a conditional order allows you to establish an "either/or" relationship between your orders, as is possible with OCA (one cancels another) orders. Conditional orders can also enable you to establish an "if/then" relationship between your orders, as is possible with an OTA (one triggers another) order. You can also combine "either/or" and "if /then" relationships within your orders, as is possible with OT/OCA (One triggers an OCA order) orders.

Conditional orders let you combine two or three individual orders that will, if filled, either cancel or trigger additional orders. Conditional orders are available for both stocks and single-leg option orders (in option-approved accounts).

When trading stocks online, go to your trading platform and place conditional trade orders. Here is an example of how to place conditional orders in TD Ameritrade

1. To create a conditional order, go to Stocks or Options (under Trade) and enter an order as you normally would - specify the action (buy, sell), quantity, symbol, and order type (e.g. limit, stop limit, stop market).

2. To indicate that you want your order to be conditional, select the checkbox next to Make this a conditional order.

3. Next, select the type of conditional order you want to place and enter the order details for the second and (if applicable) third legs of your conditional order.

4. When your order details are complete, select Review order to confirm and place your conditional order. (Express trading is not available for conditional orders).

5. Review your conditional order on the order confirmation page, then select Place Order, Change Order, or Do Not Place Order.

The following types of conditional orders are available:

Once Cancels Another (OCA)

One Triggers Another (OTA)

One Triggers Two (OTT)

One Triggers an OCA (OT/OCA)

One Triggers an OTA (OT/OTA)

Conditional Order Strategies:

Conditional orders allow you combine individual orders into an automated entry and exit strategy.

Want to submit a Bracket Order?

These orders allow you to establish a protective exit point (with a stop order) and a target exit point (with a limit order) for an existing position.

Want to submit your entry and exit as one conditional order?

These orders allow you to submit an entry order and include both a protective exit point (with a stop order) and a target exit point (with a limit order).

Protecting your gains and limiting your losses

Part of a sound trading strategy is clearly defining your entry and exit points, and placing the right orders to put your ideas to work.

Looking to protect your gains and limit losses?

These order types can help you limit your risk by activating if the market moves against you.

Looking to protect your gains and limit losses?

These order types can help you limit your risk by activating if the market moves against you.

Be responsive to market conditions

Want to let market conditions determine what to buy or sell?

If you are deciding between two securities, you can enter a limit order for both and let market conditions dictate which one is executed and which one is canceled.

Want to place orders based on the movement of other securities or indices?

If you want certain market conditions or stock/index movements to establish your entry and exit strategies, this order entry tool may be for you.

Tuesday, October 21, 2008

Stock Trading Tips October 21, 2008

The Dow has dropped 20% over the last few months. The S&P 500 is down 20.8% and the NASDAQ is off 21.7%. But the worst isn't over. In fact, it's just beginning. Many experts believe that the Dow could shed another 20% by next spring.

Bottom line: If you're trying to make money using a traditional "Buy and Hold" strategy, you are going to experience a financial bloodletting of severe proportions.
That's because in a falling market, even good stocks drop. Buying stocks and hoping they will go up in a bad market is like trying to swim against a rip tide.

You simply aren't going to make it. Period. At the same time, keeping all your money in cash exposes you to the risks of inflation. You can't stop building wealth just because the market is falling. If you wait for the markets to reverse, you are going to be waiting for a very long time.

Smart stock investors can generate winning picks regardless of market direction as their strategies are ideal for today's market because they make money when stocks fall. In fact, they show big triple-digit gains in a falling market with very limited risk. While the bulk of their portfolio is tucked away in cash, they are still able to seize opportunity and build a nest egg.

Smart investors are able to predict the short-term market movements with an uncanny level of timing and pricing accuracy. More importantly, they generate simple, specific plays individual investors can use to nail massive profits. Here's how it works:

As you know, stocks constantly move up and down. And, as a stock moves, a trend line is established. The trend line shows where the stock has been, and where it is likely to go next.

And here's the thing: The trend line is like a magnet.
In the short-term, a stock can move away from the trend line. But over time, it always moves back to the trend line.

Crisis breeds opportunity. The bigger the crisis, the bigger the opportunity if you know where to look.

To make money in the market in today’s economy you can still keep 95% of your portfolio in cash or other rock-solid safe investments while using the remaining 5% of your portfolio to exploit the ongoing market weakness for big gains.

In a sense, it's liking putting your money in an Iron-Clad mattress out of harm's way and still being able to take advantage of the incredible money making opportunity at hand.

This is important because it allows you to build wealth, even as most people are suffering irreparable financial damage.

As the U.S. financial markets crumble, some smart folks are turning the crisis into a phenomenal wealth-building opportunity.