Michael Lombardi: Your Financial Mentor-A Review

If you do a Google (Canada) search on “Michael Lombardi investor,” you will get about 163,000 results. And when you do the same on “Michael Lombardi investor review” and “Michael Lombardi stock market”, it will yield you around 69,600 and 74,300 results respectively.

What is it that makes Michael Lombardi such a popular name in the fraternity of authors in the finance field? Is it due to the fact that he has successfully predicted five major economic events? Is it because he has envisaged a sixth catastrophe that will befall the U.S. and has explained more about the quivering base of its economy through the hard-hitting article and video that is titled “Critical Warning 6”? Whatever be the reason, Michael Lombardi has indeed struck a chord with the millions of people who take the subject of investments and economy very seriously. With a Chartered Financial Planner designation from the Financial Planners Standards Council of Canada and a MBA degree from the Graduate Business School, Heriot-Watt University, Edinburgh, Scotland, Lombardi has imparted precious knowledge to his readers through his articles on the topics of investment and money management; the numbers of which have crossed the ‘one thousand’ figure. Continue reading

Critical Warning Number Six

Critical Warning Number Six by Michael Lombardi, Profit Confidential

Know Here What is Critical Warning Number Six

When I first got this controversial report by Michael Lombardi, entitled the Critical Warning Number Six, while it is an economic issue, we all know how economic and financial standings can affect relationships whether it be a marriage, family or even for singles in a relationship, that I feel I had to share to readers. Money matters collectively is one of the triggers of divorce, and is one of the factors involved as to where and how a marriage or family will thrive, as well as planning for the future to the point of considering relocation sometimes around the globe. Thus I felt the moral obligation to share this report so as to give ample time for couples and families to plan ahead. In the Critical Warning number Six, Michael Lombardi talks of his expert prediction of a major US economic disaster in six months ( as of August 14, 2011) or maybe less.

In case one might think that this is a prophet-like prediction, it is far from that. Michael Lombardi has a master’s degree in one of Europe‘s oldest universities – his passion has always been analyzing the economy and has been known to have made several predictions based on expert analysis in the past decade, to include the surge of gold prices, the crash of the housing market in the US in 2007, the crash of the stock market thus resulting to recession in 2008 and 2009. And now in this Critical Warning number six, he talks of an economic disaster several months from now, worse than 2008 and likened to The Great Depression.

Aside from his personal recommendations about where to put your money on for the long-term, on the immediate short-term action plan when unemployment is becoming an ever growing threat, it is best to prepare us through several ways: (1) acquiring additional skills to enable us to adapt to employment opportunities; (2) finding other sources of income, one that is globally-based so that the impact of recession is lessened (as opposed to local sources), such as internet opportunities; (3) looking at opportunities abroad whether for mere employment or an entire family relocation where it will be more feasible to live.

Secure a good health insurance for you and your family.

Learn to live simply and curb on some wants and unnecessary expenses.

Find ways and means to cut bills and expenses.

While this is a controversial report, being forewarned of this Critical Warning Number Six by Michael Lombardi will help us get prepared should it come, especially that should his expert prediction come to pass as all his five other predictions did, this will definitely be a major life-changing situation.

Also Read: Critical Warning Number Six

Also Read: Critical Warning 6

The Correction Within the Current Bear Market Rally: Will It End Soon?

And so the S&P 500 Index is trading right around a key resistance level of 1,220 and, if it can prove to hold above this level, this could be the breakout the market’s been needing. It’s been a tough go for the stock market over the last several weeks and we’re due for a little upside.

Bear Market

Along with more certainty on the sovereign debt issue in Europe, corporations now have to step up to the plate and deliver on earnings. Other than the financials, we’re seeing good numbers so far from big, brand-name companies—especially in technology, which is refreshing. In the last several quarters, the technology sector was a big disappointment, especially at the retail level.

Although the spot price of gold is somewhat being held hostage by the strength in the U.S. dollar, large-cap gold stocks are very attractively priced at this time and I think the marketplace has created a good entry point for new positions in this sector. I would also consider new positions in oil at this time. The spot price is ripe for an upward move as investor sentiment improves.

All this market needs is a little more certainty on Europe and the economy. It doesn’t need a lot of reassurance—just a little. With this improvement, stocks can rally throughout the fourth quarter and we could finish off the year with a nice little gain.

Helping the cause is the fact that the stock market is fairly valued currently and that a lot of reduced expectations for economic growth have already been priced into the market. Institutional investors have been chomping at the bit to buy stocks in this market, but they’ve been waiting for a catalyst. It’s possible that the catalyst won’t be anything definitive, but rather just a reduction of investment risk (caused mostly by the debt crisis). Everyone knows that the world is awash in debt and so does Wall Street. For the most part, Wall Street is okay with this, because they are used to operating in a world of debt and leverage. All capital markets require is a clear and actionable plan, with a time table, from European policymakers, and a lot of certainty will be restored in global capital markets. This doesn’t mean that Greece won’t default on its sovereign debt, but financial markets need to know that the rest of Europe and the world will stand behind a real restructuring plan for that nation’s finances.

Like I say, the broader stock market is going to face some resistance around 1,220 on the S&P. If corporations come through on earnings and visibility, and the debt crisis gets under control, I see no reason why the main stock market averages can’t pop higher by a solid 10% before the end of the year. The correction within the primary trend (a bear market rally since the March 2009 low) may soon be at an end.