Ghana duo buries Barcelona at San Siro

first_imgA superb second half performance saw AC Milan beat Barcelona 2-0 in the first leg of the Uefa Champions League match played at the San Siro.Ghana’s Kevin Prince Boateng opened the Milan account early in the second half only for his counterpart, Sulley Muntari to put the icing on the cake late on.Barcelona had dominated possession for most part of the first but it was Milan’s El-Shaarawy who wasted the best opportunity when he was put through.With just Valdes to beat El-Shaarawy had a terrible last touch which gave room for a late clearance by Puyol.Still it was the Italians who looked dangerous on the counter with Kevin coming close to scoring when his deft touch to sublime cross whisked just wide.Barcelona were hugely impressive with their delectable passing game but created little in front of goal. Back from recess it was Milan who were buoyed by the first half performance and took the game to the visitors.Kevin Boateng shot the home side ahead in the 56 minute when a perfectly taken free-kick took a ricochet of the Milan player before the Ghanaian connected.Muntari who had been a little silent in the game increased the Milan tally with a half volley on his superb left foot.2-0 it ended in favour of the Italians, leaving Barcelona on a brink of being eliminated at the one sixteenth stage of the Champions League.They would have to score three unanswered goals before they can ensure a smooth qualification into the quarter final stage of the competition.last_img read more

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Donegal dad defies MS to take on one of the world’s toughest races

first_imgConor Carey is about to become Ireland’s first person with progressive MS to take on one of the world’s toughest cycling challenges.Inishowen native Conor, aged 45, was diagnosed with MS three years ago. The disease came as a shock to the father-of-two, but he took on advice from medics to change his outlook on life and strive for good health.In just one week, Conor is heading to the Alps to take part in the Cykelnerven in aid of the International Fund for Research into Progressive MS and Donegal Multiple Sclerosis. This race is Europe’s most unique and challenging charity cycling event, charting over 355km of the toughest climbs from the Tour De France.Conor CareyBut Conor has the training and mindset to face all the physical and mental challenges that come with this race.“Although living with MS is challenging, but I remain positive and enjoy life as much as I can. I have a strong faith and loving support and hopefully a cure for this terrible disease is right around the corner,” he said.If you would like to support Conor’s charity challenge in aid of MS supports and research, please visit the GoFundMe page here: https://www.gofundme.com/progressive-ms-research Donegal dad defies MS to take on one of the world’s toughest races was last modified: June 10th, 2019 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

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Bid for in-flight mobile phone use

first_imgRay Maota SAA passengers could soon be able to usetheir mobile phones while on board flights –but only in flight mode.(Image: South Africa Travel Online) The Civil Aviation Authority has oversighton the certification of airports although theairports in South Africa are managed byAirports Company South Africa.(Image: Flickr)MEDIA CONTACTS• Fani ZuluSAA Corporate Affairs+27 82 451 0457South African Airways (SAA), the country’s national carrier, has applied to the Civil Aviation Authority (CAA) to lift the ban on in-flight mobile phone use on its domestic fleet.The CAA initially banned the use of mobile phones on flights because it disrupted the aircrafts’ on-board systems, such as navigation devices.Kabelo Ledwaba, CAA spokesperson, said: “The airline has submitted its programme detailing systematic monitoring of the various mobile models which can be used in flight mode.”The CAA received SAA’s application for exemption on 1 April 2011.The national carrier is in the process of establishing which mobile phone models can be used during flights.The results of the study will be scrutinised by the CAA and will ultimately determine whether the ban is scrapped or not.If exempted, SAA will be the first airliner in South Africa to allow mobile phone use on flights since the ban was first enforced.SAA began operations in 1934 and became the first airliner in South Africa to have cabin crew in the 1940s.Technological advances prompt study“The CAA regulations prohibit the use of cellular phones in flight and this is still the case. Regardless, the CAA acknowledges that technology advances rapidly and it came as no surprise when the CAA was approached by SAA for an exemption,” said Ledwaba.If the results of the study are favourable, passengers will be allowed to have their phones on flight mode while the plane is airborne. Although they will still not be able to make calls and access the internet from their phones, they will be able to play games and listen to music.Martin Louw, Comair’s flight operations director, said: “We have on numerous occasions approached the CAA to change their regulation to worldwide best-practice. We have even given them the European regulation as an example and if SAA is successful, Comair will apply for the same exemption.”Comair operates British Airways and Kulula.com flights in South Africa.In the US, the Federal Aviation Administration (FAA) and the Federal Communications Commission (FCC) regulate the use of mobile phones on planes. The two agencies agree that mobile phone use on flights should not be allowed.The FAA states that portable electronic devices cannot be used on civilian aircrafts, while the FCC is more specific, stating that the use of mobile phones is prohibited on airlines.Regulating civil aviation The CAA was established on 1 October 1998 as an agency of the Department of Transport in South Africa, although it functions as an autonomous body.The authority was set up to regulate the aviation industry and ensure it complies with the safety and security regulations of the International Civil Aviation Organisation (ICAO).The authority has oversight in the following areas of aviation: airports, air worthiness of aircrafts, certification of aircraft products and parts, aircraft personnel, management of airspace and the investigation of accidents and incidents.The CAA was elected to become a member of the ICAO council in 2003, which saw the country participating in the highest aviation decision-making authority.The ICAO comprises the assembly, which meets every three years to discuss aviation matters; the council, which is its governing body and gives direction to the ICAO; and the secretariat, which has a secretary-general appointed by the council every three years.last_img read more

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McGregor shows class in Dragon Run

first_img19 November 2013 Marathon world champion Hank McGregor showed why he is regarded by many as one of the greatest all-round paddlers of all time when he overcame a world-class field to claim victory in the 2013 Steelcase Dragon Run Surfski race in Hong Kong on the weekend. McGregor, the first of five South Africans to finish in the top eight, was both relieved and surprised as he crossed the finishing line in record time. He was particularly pleased with his victory given the depth and standard of this year’s field. After battling his way to a shock seventh position at the inaugural ICF Surf-ski World Championships in Portugal earlier this year, McGregor felt his victory on the weekend was a sweet comeback performance against an even stronger field than was present at the global showdown, given the likes of Australian Jeremy Cotter and fellow South African ace Dawid Mocke competing this time around.‘A fantastic race’ “It was a fantastic race to win because everyone was there, even the guys who boycotted the World Champs,” McGregor said afterwards. “Jeremy Cotter was there as defending champion and he was really gracious when he came up to congratulate me after the race. “The win also gets a bit of a monkey off my back, having got two thirds in the last two years,” he added. The triple world champion said an overhaul of his approach and a solid build-up campaign to the Asian clash played an important role in his success.‘Feeling really good’ “I’ve come off a really good base with wins at [the Marathon] Worlds in Copenhagen, the Hansa Fish and the Vaal, so I have been feeling really good about my form. “After last year, I took stock of where I was and made a number of changes. I changed boats, my training and my technique and I have been working hard at being more efficient and economical, and it seems to be working.” With the conditions not offering much assistance and facing a quality field, McGregor knew he was in for a tough battle if he was to claim the win, and despite eventually finishing only fourth, the dangerous Cotter was the man McGregor had to keep a close eye on for much of the tussle.‘A frantic pace’ “The race started off at a frantic pace, with testosterone flying everywhere! The front guys were in such a tight bunch at the turn around Nine Pin Island that you could have tossed a blanket over all of us,” McGregor reckoned. “Once we got into the open ocean, and with a tail wind over our shoulders, the field spread out a bit. “Jeremy [Cotter] was over my left shoulder after I got a lead at around the 12km mark, and I was continually checking to see where he was. “By the time we got to the last turn at Kissing Whales I had a lead of about 250m and that was when I knew that I had it in the bag, unless a typhoon got in the way. “The last five kilometres into the finish were basically flat. You can see the finish from some way out and if you are feeling tired there is absolutely nowhere to hide. Fortunately I was feeling pretty good and I was able to really enjoy the last kilometre and then it was a great feeling to finally cross the line,” he explained. McGregor’s record-setting feat was something even he was surprised by given the unhelpful conditions. However, he believes the strength of his opponents and the recent rise in talent in the sport around the globe played a role in his achievement.‘Surprised’ “I was pretty surprised to hear that I had broken the record [by two minutes] because conditions were not that favourable,” said McGregor. “Dawid Mocke told me that when he won here he had averaged around 13.5 kilometres per hour, and we were going at over 14 km/h. “I guess that’s a sign of the professionalism that has crept into surfski racing recently. The sport is evolving as more and more guys devote time to training specifically for major surfski events and everyone seems to be benefiting from this.” SAinfo reporterlast_img read more

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Video: Auburn Offensive Line Coach J.B. Grimes At 1st Practice Days After Cancer Surgery

first_imgAuburn offensive line coach J.B. Grimes at practice days after cancer surgery.YouTube/Phillip MarshallOffensive line coaches are known to be tough, but Auburn’s J.B. Grimes is taking things to the next level. Grimes had surgery to remove a cancerous spot on his tongue last week, and was present today as the Tigers held their first practice of the season. AL.com‘s Brandon Marcello has more:The veteran assistant coach underwent surgery to remove a cancerous spot on his tongue last week, according to the school’s official website. His lymph nodes were also removed as a precaution.…Grimes didn’t slow down much during the first 20 minutes of practice open to reporters. He could be seen giving individual instruction and leading offensive line drills at the indoor facility. “I will not miss practice,” Grimes told AuburnTigers.com Tuesday. “I’m strong. I’ll recover.” Here’s video of Grimes at practice today: We’re very happy to hear that everything went well, and wish Grimes a quick recovery.[AL.com]last_img read more

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In This Issue   Currencies eke out small gains

first_imgIn This Issue. *  Currencies eke out small gains. *  Eurozone AQR results on Sunday. *  Brazilian election on Sunday, finally! *  China’s Gold demand in 2013 reaches 2,199 tonnes! And Now. Today’s A Pfennig For Your Thoughts. A Good Data-Wise Week For China. Good Day!…  And a Happy Friday to one and all! What a grand evening at the EverBank Art Show and Open House last evening! WOW! I got to see lots of old friends, and meet some new ones! People would come up to me, and say, Hi Chuck, but I would have to look at their name tag to see who they were, and then they would explain to me that they are Pfennig Readers, and they feel like they knew me already. Pretty cool, eh? There’s another Ebola case, this time in N.Y. But for the most part, the hysteria over this virus, has calmed down a bit, and that’s good, because I was really beginning have the bejeebers scared out of me! The Currencies seem to be stuck in the mud again, as they really haven’t moved much, except kiwi, the past 3 days. The moves have been quite small, but at least they are positive moves. I can’t say that for Gold though. The headlines stories on Bloomberg suggest that Gold is suffering because investors are taking a positive view of the U.S. economy. Really? That’s all they can come up with? And IF investors are taking a positive view of the U.S. economy they certainly must be using those rose colored glasses the Gov’t keeps passing out. UGH! But that’s fine! You would think that lessons would have been learned a few times, but apparently, these investors don’t subscribe to the saying that lessons learned are like bridges burned, you only need to cross them but once. Hey! I just saw a thing on the TV, I didn’t catch all of it, but it was a report that showed that after 60, people should continue to have a drink or two to improve the memory. Well, let’s see, next March I’ll turn 60. But I’ve always subscribed to the Cliff Clavin theory that it’s like the slowest Buffalo thing. You know, the slowest Buffalo gets killed, and it makes the herd faster. You have a drinks and it kills off the slowest brain cells, making the rest of the cells smarter!  Well, that’s my story and I’m sticking to it! HA! Nothing like a little Cliff from Cheers on a Friday to start our day, especially since I was getting so hot and heavy right from the get-go this morning on stupid thoughts by investors. I hear that 3M,IBM, McDonalds, and quite a few other Big U.S. Businesses with overseas operations are feeling the sting of the dollar rally that we’ve seen going on for a couple of months now. Not that I give two hoots about Big Businesses and their earnings, but this dollar rally brings about a lot of problems. There are always unintended consequences of things, and this is one of the unintended consequences of having a dollar rally. Imagine the whining you would be subjected to hearing should the pundits that are calling for a multi-year rally in the dollar, have their wishes come true. YIKES! Alrighty then. Yesterday, I was asked by Chris Gaffney about the stress tests in the Eurozone, and I had read some reports on the subject, and made a comment that was baseless. UGH! You see, the reports, after going back and reading them again, were talking about “what ifs” and I didn’t catch that the first time. So, here’s what’s really going on for those of you keeping score at home. The Eurozone Bank Stress Tests called AQR (Asset Quality Review) results are going to be printed this Sunday, 10/26. I think the ECB picked this day in hopes that the AQR could get lost in the shuffle of a weekend, and the Brazilian election. Basically, I think that the AQR will be OK. The problem I see for the AQR and the euro is that IF the AQR shows a lot of rot on the Eurozone banks’ vines, the euro will get hurt, but IF the AQR is OK.. the euro won’t benefit from the OK results. The markets are simply set on the “hurt the euro” setting. I sure hope they don’t “set it and forget it”! HA! Speaking of stress tests. The Fed announced yesterday that they will examine how exposed the largest U.S. Banks are to “risky corporate borrowers” in their next stress test in 2015. I don’t think you should look at things that you don’t want to see. I think the Fed will not like what they see when they do that examination. But nothing is going to happen because of the findings. Nothing, absolutely Nothing, say it again! So, it’s all been about very tight ranges but remaining positive for the currencies since Wednesday this week, and it appears we’ll close the week in this trading pattern. Most of this has been because there’s been little to nothing in the U.S. Data Cupboard, and no news about the anything else. The Cable News Stations are dying right now, searching for news, which is always interesting when they start putting tractor pulls, and church sermons on the air.  We did have some economic data from China earlier in the week, but by now everyone has forgotten that China surprised on the upside of CPI, IP, PMI’s, and a couple of other prints. It was a good week for China and Global Growth, but as I just said, that’s in the rear view mirror now, except for dolts like me that keep dragging it out for everyone to see!  But I don’t want investors to forget about the strong data week from China.  Of course that didn’t help the renminbi / yuan, as the Chinese leaders decided to end the week with the currency weaker than when the week began. UGH! Leon Russell is singing: Back To the Island, right now. So I’m going to stop here, and be back in a minute. OK. I’m back now. check out these words. I hope you understand, I just had to go back to the island, and watch the sun go down, hear the sea roll in, But I’ll be thinking of you, and how things might have been. OK. Sorry for about that to all you that aren’t fans of Leon Russell, or my dragging out song lyrics in this letter. But, as I’ve always said, it’s my letter.  I know I made an exception of kiwi above when talking about the currencies being positive VS the dollar this week, but stuck in the mud. But, kiwi is attempting to rebound this morning. Kiwi had better do an impression of Paul Silas, and do some major rebounding to recover its losses this week, that came initially from the drop in N.Z. CPI (consumer inflation) but after that was strictly technical in nature, as certain points were hit and so on. But, at least the tourniquet has been wrapped around kiwi this morning. The latest polls show that a favorable outcome for incumbent Dilma Rousseff in Brazil. and that has the real on the skids again. This whole election process in Brazil has given me a rash, and I for one will be happy when it’s all over with. And I’m not just saying that because Rousseff keeps winning! I don’t like seeing the currency get all caught up in the goings on with the polls, voting and everything else. But it has, and brother, if Rousseff does win this  Sunday, as the polls suggest, I don’t want to come in and see what the real looks like on Monday morning! The only thing the real can hope for is that most of the selling has already taken place with the polls. you know a selling the rumor buying the fact scenario. But we won’t know until Monday gets here. The news from Singapore is a tale of two components that make up Industrial Production (IP). I’ve been telling you about how Singapore’s electronics production numbers were slipping each month, and Pharmaceuticals (Pharma) was offsetting the electronics decline.. Well, in September, we had a reversal of those two components, with Pharma falling sharply but being partially offset by recovery of electronics. Overall, IP fell -1.2% in Singapore, and I think that has a lot to do with the slowdown not only in Asia, but in the U.S.. You see, this is a very important component to what’s going on in the U.S. economy, folks. You have to connect the dots, or at least you don’t have to, you have to have me connect the dots! The Chinese renminbi/ yuan closed the week with a weakening of the currency, but last night’s weakening was very small. And with that small weakening, the Singapore dollar (S$) is weaker by a very small amount this morning. There are articles being written about how China has stated they that will not stimulate the economy this time around, but then you hear about the story I told you of earlier in the week about how China announced a $32 Billion injection into lenders. So, are they going to step in to even the economy out, or will they decide to stay out?  I think that if push comes to shove, and the Chinese GDP would begin to plunge, that the Gov’t would step in BIG TIME.  But how this all relates to the renminbi/ yuan, is anyone’s guess, as the Gov’t continues to manage the currency to no one’s call. I still think that in the end, the renminbi/ yuan will continue to book 3% gains per year. The Canadian dollar / loonie has been one of the better performing currencies VS the dollar this  week, along with the S. African rand. The Bank of Canada (BOC) left rates and their bias all unchanged this week, but that hasn’t stopped the loonie from pushing the currency appreciation envelope. I find this week’s moves in the loonie interesting, in that earlier in the week I read a report from a Canadian Bank that was talking about the “swoon in the loon”, and the report said that quite a few Canadian banks were calling for more weakness in the loonie. But that’s all based on the thought that the plunge in Oil prices could continue. As I’ve stated here twice this week, and now this makes 3. I don’t believe the plunge will continue at the same pace, and it could very well be over with. And I just mentioned it, but I can’t get out of here this week, without mentioning that the S. African rand will finish this week, that is unless all hell breaks loose in the currencies today, with the 3rd consecutive week of gains VS the dollar.. Yes, it’s been quite stealth-like, this move in the rand. And the news this week that the new budget was well received by the markets, really opened up Pandora’s Box of currency rallies for the rand.  This is where I normally step in and say that the rand is very volatile, and when it’s volatile bad, it’s really bad.  That has been a public service announcement. Gold is flat this morning, and lost a few bucks yesterday. I talked above about what the headline news are saying about Gold so I won’t go there again, and get my dander up on a Friday morning. I already started down that road, and had to resort to quoting Cliff from Cheers to stop me from throwing things and yelling at the walls. The thing that really gets me lathered up is the latest report from Koos Jansen. Let’s listen to Koos reporting on Bullionstar.com and Google+. “We now have official confirmation from the China Gold Association (CGA) that Chinese wholesale Gold demand in 2013 reached 2,199 tonnes, in contrast to what all Western consultancy firms and new outlets have been reporting.” – Koos Jansen.  WOW! That’s crazy man! Remember when we thought that China had really pushed the Gold demand envelope when it was first reported that their demand was 1,074 tonnes?  Well, in the end, it was more than twice that amount!  Hey, China isn’t just adding to its currency reserves by the boat load every year for the fun of it folks. There’s something going on here. I’ve told you over and over again that this dance is gonna be a drag, no wait! I’ve told you over and over again that I believe the Chinese and the Russians are going to back their currencies with Gold (at least some % of backing)  But, even if it’s a case of having the countries of the world come together at the table to show how much Gold they have, China will win. The 2014 figures will be interesting don’t you think? The U.S. Data Cupboard is back to not much to offer today, with only New Home Sales data to print.. Yesterday, the Initial Jobless Claims for last week rose by 17,000, the Leading Index rebounded in September from August’s 0% print, with a gain in September of .8%, but it’s been back and forth for this data every month, so we can’t get too excited about this one print, and the Markit U.S. PMI slipped to 56.2 from 57.5 the previous month. Still comfortably above the 50 level though. Before I head to the Big Finish today, I found this on Zerohedge.com and thought it hits the nail on the head, it’s a quote from Van Hoisington. “The U.S. economy continues to lose momentum despite the Federal Reserve’s use of conventional techniques and numerous experimental measures to spur growth. As Kindleberger clearly stated, the process of excess liquidity fueling higher prices in the face of faltering fundamentals can run for a long time, a phase Kindleberger called “overtrading”. But eventually, this gives way to “discredit”, when the discerning few see the discrepancy between prices and fundamentals. Eventually, discredit yields to “revulsion”, when the crowd understands the imbalance, and markets correct.” For What It’s Worth. Today this will be a combination of me, and Dave Gonigam of Agora’s “5 Minute Forecast” or just the “5” as I call it.  The other day Dave printed some very interesting stuff for people like me that have had cancer enter into their bodies. I’ll let Dave take if from here for a snippet  and then I’ll come back with my 2-cents. He’s talking with Stephan Petranek, the 5’s technology guy, talking about a cure for Cancer. yes that’s right a cure, not a treatment, a cure! “This new therapy is something else altogether. It works like this: Doctors take blood from a cancer patient and put it in an extremely high-tech version of a test tube. In the test tube, T cells are withdrawn from the blood and re-engineered so they can identify and attach to a specific kind of cancer that’s growing in that patient. “The new T cells are infused into the patient,” Stephen goes on, “where they multiply, proliferate and grow.” The process takes all of six days.” Chuck again. I can’t tell you how happy I was to read this info the other day. I’ve been waiting for something like this!  And yes, I know it’s only in trials right now, but so far, 13 dire straits cancer patients have been treated and 8 are in remission. and the other 5 have seen good results.  Now, how long will it be before the FDA approves this? To recap. The currencies seem to be stuck in the mud, but with positive gains, albeit very small this week. Hey! It’s better than a sharp stick in the eye!  Or an all-out dollar assault. which is about the same thing to me.  It’s been a good week data-wise for  China, but that’s been no panacea for the renminbi / yuan.  the U.S. Data Cupboard has been pretty void of good data this week, and today is no different. And gold can’t seem to find a bid again after pushing higher earlier in the week. Bloomberg says Gold gets shunned by investors who believe the U.S. economy is strong. Currencies today 10/24/14. American Style: A$ .8785, kiwi .7855, C$ .8925, euro 1.2660, sterling 1.6055, Swiss $1.0495, . European Style: rand 10.9590, krone 6.5870, SEK 7.2590 forint 243.65, zloty 3.3375, koruna 21.8690, RUB 41.95, yen 108, sing 1.2765, HKD 7.7575, INR 61.27, China 6.1467, pesos 13.55, BRL 2.4885, Dollar Index 85.75, Oil $81.36, 10-year 2.25%, Silver $17.28, Platinum $1,257.13, Palladium $786.66, and Gold. $1,233.98 That’s it for today.  It’s Friday! Yahoo! It sure was nice to see my colleagues gussied up yesterday for the Art Show. Everyone acted like they were surprised to see me return for the gala affair. Oh well, better to surprise than depress.  I got a kick out of talking to my old friend, that wily veteran, Jack Milner last night. We used to play on the Mark Twain Bank Softball team which really just meant that we sat on the hill after the game sharing stories and throwing back a couple of cold ones. I got home last night and turned on the Blues game, and Vancouver scored a goal, putting them ahead 2-1, and I thought, “oh I was bad luck” and so I turned it off and went to bed!  The World Series gets going again tonight in S.F. My beloved Missouri Tigers return to Columbia Mo. For Homecoming weekend at Mizzou.The whole Homecoming tradition started at Mizzou, so we’re famous for something! HA! I won’t make it this year, but I talked to at least two guys last night that were heading down tonight for the House Decs tour, and the game tomorrow. Wish I was going, it’s going to be a lovely day tomorrow! And with that. it’s time to get off this bus today, and wish you a Fantastico Friday!  Bye~ Chuck Butler President EverBank World Marketslast_img read more

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first_img— JPMorgan ChaseJPM3.27% New type of car expected to hit U.S. roads this yearIn the next few months, the world’s first affordable, long-range electric vehicle is expected to hit U.S. roads… And it’s not a Tesla. The Tesla Model S – widely known as the best electric car today – can only last 335 miles on a single charge. This new electric vehicle has the potential to drive 100 miles further, and costs much less to build. It’s able to achieve this quantum leap in performance because of a brand-new technology, one that could be in every single electric vehicle on the planet in the near future. Early investors stand to make a fortune as it swamps a tiny company with a 22,705% profit surge. Click here if you want to be one of them — IBMIBM5.53% Please click here Read This Before Your Stocks Lose MoneyWe’re supposed to be living through one of the strongest economies in recent years. And yet, in just three days in June, the stock market recently erased an entire year’s worth of gains. Americans lost millions. I believe that was just Act 1. As you’ll see at the end of an urgent public message I just released online…I think what comes next will be a political and financial crisis. This will be a sweet revenge for supporters of Hillary Clinton. And a financial disaster for millions of us. Recommended Link Coca-ColaKO3.29% Cisco SystemsCSCO3.04% Dogs of the DowThe Dogs of the Dow strategy buys the 10 highest-yielding stocks in the Dow Jones Industrial Average index at the beginning of the year… and then holds them for the remainder of the year.Michael O’Higgins popularized the strategy in his 1992 book, Beating the Dow. He argued that blue-chip companies with high dividend yields relative to stock price and near the bottom of their business cycles would see their stock prices rise faster than companies with low yields.Back then, his strategy outperformed the market by 6% per year. But as it got more popular, the returns went down.But the strategy still provides a considerable edge – even nearly three decades later.Over the past 19 years, the Dogs of the Dow beat the market by 1.5% per year. Over time, that extra 1.5% adds up to real money. The difference between earning 9% on $10,000 over 20 years and 10.5% is nearly $18,000. Over 40 years, it’s $228,500.Little edges like this make a huge difference over time… So without further ado, here are the 2019 Dogs of the Dow: VerizonVZ4.29% Justin’s note: As we’ve been telling you, stocks and the broader markets are taking a beating. My job is to find you smart, money-making opportunities when I can… and give you plenty of strategies to protect yourself and grow your wealth when the markets are rocky.That’s why for today’s Weekend Edition, I’m sharing a recent essay from Palm Beach Daily analyst Nick Rokke. Below, Nick explains a safe, conservative way to make money in today’s market… and shares 10 stocks to consider buying now… By Nick Rokke, analyst, The Palm Beach DailyThe last quarter brought the first official bear market in a decade. On Christmas Eve, the S&P 500 closed down 20.3% from its intraday high of 2,940 set on September 20, 2018.During that span, just about every stock got beaten down. But over the past year, some stocks did better than others.One group that outperformed was dividend-paying stocks. These are companies that pay out dividends higher than the S&P 500’s average of 2.1% – and continuously grow them.This shouldn’t come as a surprise to regular readers… In November 2018, we told you to add dividend-paying stocks to your portfolio. As last year’s collapse intensified, we said these stocks would provide some protection from the fall.It worked out as expected…Consumer staples (a proxy for dividend-paying stocks) were down 13% from their peak. But they still outperformed the broad market, which fell 20%.Although December’s sell-off dragged down safer stocks, it’s only created an attractive entry point for dividend-payers.In today’s essay, I’ll tell you why you should increase your exposure to dividend-paying stocks – as well as 10 companies to consider adding to your portfolio. But first… ExxonMobilXOM4.81% Merck & CompanyMRK2.88% PfizerPFE3.3% Taking Advantage of Investor FearOur top editors are using short-term market weakness to load up on dividend-paying stocks.Here’s what PBRG guru and former hedge fund manager Teeka Tiwari told me on December 3:The market is really worried about interest rates and trade wars.Just like in 2015, I think the market might overworry to the downside, then recorrect to the upside. That’s why I don’t think we should sell all our stocks and go into cash. But there’s nothing wrong with getting defensive [and going into safe, dividend-paying consumer staples].And our Wall Street insider, former head trader Jason Bodner, told me this on November 30:Right now, we’re seeing strength in big dividend-paying companies. These are commonly referred to as defensive stocks.We’ve seen a lot of strength in consumer staples, utilities, and real estate. And I expect we’ll continue to see strength there as the market chops around a little.Both Teeka and Jason believe the current pullback will be short-term in nature. That’s because the market is overreacting to negative news about trade disputes and rising interest rates – despite an overall healthy U.S. economy.(Just last Friday, the Bureau of Labor Statistics said the number of nonfarm jobs surged by 312,000 last month. And the U.S. unemployment rate remains historically low.)Regardless, perception matters on Wall Street… and right now, investors are fleeing to defensive sectors.If you want broad exposure to defensive stocks, consider the Consumer Staples Select Sector SPDR Fund (XLP). It holds companies such as Walmart and Procter & Gamble, which sell products that people will need whether the economy is good or bad.But if you prefer more direct exposure to individual dividend-paying stocks, here’s how you can add some of the highest yielders to your portfolio… Recommended Link CompanyTickerYield ChevronCVX4.12% Procter & GamblePG3.12% Remember, past performance doesn’t guarantee future returns. So if you buy the Dogs of the Dow, make sure they fit into your overall wealth-building asset allocation strategy. And as always, do your homework before investing in any company.Regards,Nick Rokke Analyst, The Palm Beach DailyJustin’s note: As Palm Beach Trader editor Jason Bodner said above, dividend growers will continue to show strength in 2019. And he’s designed a system that scans 5,500 stocks every day to detect which ones are attracting institutional investors.Jason calls it the Billionaire “Fast Lane” Window. And he’s used it to find historical gains up to 7,384%. This 10-day window allows him to predict what the ultrarich are buying – 10 days in advance. The next enrollment period for this window opens soon, so click here to see how you can take advantage.Reader MailbagAre you currently taking advantage of investor fear and investing in defensive stocks? Let us know at [email protected]last_img read more

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