Dollar and Treasuries Lower…

To ensure delivery of this newsletter, please add mail@wyattresearchnewsletters.com  to your address book.   To be removed from the list and stop receiving Daily Profit please click here. Friday May 27, 2011 To unsubscribe - click here Dollar and Treasuries Lower... So Stocks Are Higher  Did Microsoft Start a Rally?   Fellow Investor, The U.S. dollar and Treasury bonds are weaker today after the Group of 8 said the global economy was growing and the perception of Greek debt problems improved. As we know, a weaker dollar sets the stage for higher stock and commodity prices. It would seem that the recent weakening of economic data is being considered a "weak patch", to coin a phrase from the Greenspan era. The phrase "weak patch" is a great piece of spin. It implies that the slowdown is temporary, expected and manageable. And that further implies that current prices are a buying opportunity. *****Let's also not ignore the influence of Goldman Sachs (NYSE:GS) recent bullish reversal call on commodities. Oil prices have been up ever since Goldman raised its oil price forecasts by around 10%. Oil is perhaps the best indicator of economic growth expectations. And its inverse correlation to the U.S. dollar is also airtight. So much so, that if you see oil rally, bullish economic commentary is usually not far behind. Today, it's a European Central Bank official voicing his undying confidence that Greece will meet IMF requirement for a big loan. That's all it takes to rally the euro, and drop the dollar. Interestingly, a former ECB economist is accusing Greece of cheating to get into the EU in the first place. But then we knew that. And we know that it was Goldman Sachs who helped Greece cook its books to get EU acceptance. Funny thing though, that's not really being talked about right now...                                        Special opportunity, article continues below. An unbelievable 8.2% yield from a Manhattan Bank Most banks yield less than 1%. But one small, unadvertised Manhattan bank has been paying yields of more than 5% for the past decade. This bank has nothing to do with Wall Street - and they didn't take a dime in bailout funds. They didn't need to. They borrow low and lend high. And they pay their members the difference. Click here if you're interested in this old-fashioned bank... *****Yesterday, we discussed Greenlight Capital's David Einhorn's declaration that Steve Ballmer be fired as CEO of Microsoft (NYSE:MSFT). This another great piece of spin. Einhorn, and his 9 million share of Microsoft, can't possibly think he has any influence over the Microsoft Board of Directors. His call for Ballmer to stand down is just one man's opinion. But wow, has he ever gotten Microsoft in the headlines. Every financial media outlet on the planet is talking about Microsoft. And the general feeling is that Microsoft is undervalued and a prime turnaround candidate. In fact, just this morning, TradeMaster Daily Stock Alerts strategist Jason Cimpl titled is morning advisory to members "Did Microsoft Just Start A Rally?" He went on to say: Technology bounced back with Microsoft (Nasdaq: MSFT) leading the way. The software monopoly gained on rumors of a change in management. Cisco (Nasdaq: CSCO) also rallied yesterday, but I think that move is more due to its oversold condition - shares have dropped to new yearly lows this week. Despite the bearish trends for those stocks I think MSFT and CSCO are very near a bottom that should result in a 6.5% rally higher. Oil also looks ready to rally 6.5% soon. The commodity just needs to hold $100. The rise in oil should pump up energy stocks. Since energy stocks are a large percentage of the SPX, I think that the momentum from the commodity/energy sector would be enough to bring the entire market back up to and past the yearly high. Jason gave his readers (and us) an early warning about the current weak patch. If you recall, Jason was looking for the S&P 500 to make a test of support at 1,301. The S&P 500 made it within 10 points of that level yesterday before turning higher. Jason has called every move of this 10-month old rally. So when he says he thinks a move back to the 52-week high on the S&P 500 is coming, I believe him. He has added three new trading positions to the TradeMaster Daily Stock Alerts portfolio since yesterday. They are all showing gains. Not only that, but the Top 10 Trades for June Special Report gets released this weekend to his members. Gains from recent Top 10 reports have included 36%, 22%, 17% and 15% winners, all in a matter of a few days. To top it off, I am offering a 50% off sale for TradeMaster Daily Stock Alerts this weekend. So if you'd like to start getting consistently profitable trade recommendations, accurate market analysis and the Top 10 Trades report at a big discount, then click HERE for details. *****Have a great Memorial Day weekend. And if you're driving, be safe. I'll talk to you again on Tuesday... Have a great weekend,     Ian Wyatt Editor Daily Profit       Follow Daily Profit Editor Ian Wyatt on Twitter:     How to Profit When the Market Dips Pull-backs scare nearly every investor, but one class of investors actually profits from them. Learn how. The Secret to Doubling Your Money One simple trick to figuring out exactly when you'll double your money on certain stocks. Gold Stock Paying 9% Div. Gold stocks are great and have made a fortune for investors. But getting paid to own them is even better.     To read past issues of Daily Profit or check out additional articles go to www.WyattResearch.com   You can also reach me at editorial@dailyprofit.com with questions and comments.     To stop receiving Daily Profit click here for the subscription preference center.     You are subscribed with the following email address: ignoble.experiment@arconati.us   For customer service questions or comments, contact us at service@wyattresearch.com. We don't sell our readers names. You can review our privacy policy here. If you believe this communication to be a mistake or unsolicited, please e-mail abuse@bfpnewsletters.com with details regarding your situation, and we will be sure to promptly investigate your situation. 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