Mission Statement

Information disseminated through the traditional financial news outlets is often subject to a hidden agenda. At best the information is misguided and at worst deliberately misleading. With a combined 60+ years of experience in the financial markets, we intend to help the reader separate fact from fiction and expose the news that actually moves markets.

If you don’t read the newspaper you are uninformed, if you do read the newspaper you are misinformed.
–Mark Twain

RCM Manages the Fortune's Favor Family of Funds:

  • Fortune's Favor I (Long/Short US equity)
  • Fortune's Favor Offshore (offshore clients)
  • Fortune's Favor Precious Metals

Friday, May 9, 2008

Time 10:19

Stocks: GDX, PWRD

GDX: Watch closely for signs of another selloff. The stock is finding resistance right at the downtrend, at the 200 day MA and right at the previous breakdown which is now resistance. Put the hedge back on if sell signal hits.

PWRD: In the midst of this mornings sell off in the overall markets PWRD is up 20 cents and attempting to give a 60 min. buy signal. Be ready to double the position if we ge the signal

No comments:

Post a Comment