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I don`t think that The Nasdaq is out of the woods just yet

I don`t think that the Nasdaq is out of the woods just yet. I still think these momentum stocks are having trouble.

Meanwhile the stocks that are on my screen that are making new 52 week

highs, its all the energy stocks which having been lagging and lagging

all last year. They are finally breaking out, making big moves as the

price of oil approaches 105 dollars a barrel.

Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as “Doctor Doom” because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called “Crash Proof” and a follow-on called “The Little Book of Bull Moves in Bear Markets”. He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.

I don`t think that The Nasdaq is out of the woods just yet

Source: I don`t think that The Nasdaq is out of the woods just yet

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The Peter Schiff Blog: Videos, Articles, and Summaries

The Peter Schiff Blog consists of articles and videos from Peter Schiff. A summary of each video is also provided. This page is updated with Peter Schiff's investment advice and commentary on stock recommendations, the global financial markets, and the economy.