MARKET WATCH

Market Watch Podcast

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USL presents Market Watch each business day. Check this page daily for the Market Watch radio script or listen to Market Watch reports on radio.

This is Market Watch for Wednesday, February 8, 2012

Good Day. This is Tom Waitt with Union Securities. Welcome to Market Watch for Wednesday, February 8, 2012.

Market emotion is turning positive. Despite media reports of a bankrupt Greece and rising tensions over Iranian nuclear development and Syrian suppression of another Arab spring.

I will be back after these messages with a discussion.

Counting down in 3, 2, 1.

Markets have always moved on emotions, usually FEAR & GREED, but over the last 3 years it has been desperation, panic, despondency, depression, disgust and doubt. Please visit my website at www.tomwaitt.com and see a chart of The Market Emotion Cycle. It appears we are gaining confidence, with confidence you can reach truly amazing heights; without confidence, even the simplest accomplishments are beyond ones grasp. Stock markets are a leading indicator for the economy and it appears a shift is coming and optimism is slowly building. By the time the media picks up on this shift of attitude it will have moved the market. This is a trading environment and requires active management. It is paramount to think outside the box and apply risk/reward analysis to your investments, please visit my website at www.tomwaitt.com and view the video blogs as how applying ratios can work to your advantage. There are many opportunities to make money but it requires action on your part, each stock selected must show risk/reward of at least 2:1. Make the call and discuss the positions that would make sense for your portfolio.

That’s today’s Market Watch. For Union Securities, I’m Tom Waitt. If you would like to discuss these matters or your own investments, please call me at 1-800-847-9985. For more information visit my website at www.tomwaitt.com. Thanks and enjoy your day.

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Union Securities Ltd. is a member of the Canadian Investor Protection Fund (CIPF) designed to protect client investment in accordance with their corporate mandate.