News: Camarda Financial Releases Chairman’s Communiqué 12.14.09

Friday December 18, 2009

FLEMING ISLAND, FL - Camarda Financial Advisors, Inc., a Southeast regional fee-only investments manager, today publicly released a new Chairman’s Communiqué:

Barron's Bits

  • Abelson – Al's rants are not terribly cohesive this week, and we'll pass on passing them along to you.
  • Santoli – in "A Really Different Rally," Mike recounts the predictions of a market commentator who has got recent history very right – peak in October '07, bottom in March, vigorous young bull market since then, with much more yet to come. No, it was not me he was quoting, but that's OK. More important is Mike's agreement that we should see big moves up, soon, and continuing for a long time. He quotes his unnamed commentator's "dumfounded by the refusal of the media, investors, and economists to acknowledge the prospect of a V-shaped recovery given the pace of improvement in employment, industrial production, and leading indicators."
  • Barron's Tips – This week, the Barron's trumpet praises Coach (COH), Investco (IZV), and AXA (CS.France), but blasts Amazon (AMZN) just a bit.
  • Glad Tidings for Stocks – Barron's notes that the performance of the DOW so far in 2009 almost exactly traces that of 2003. Both started at near 9000, bottomed in March, and went sharply higher. The cyclical bull born in 2003 drove to over 14,000 4 years later before finally stalling. Most of you know that I personally think we will go far higher this time, over many years.

A note on Barron's investment tips – while we hold the paper in extreme high regard, we are not recommending that you trade on this data. We merely report what they say, and do not deeply research most of it, though we use the material as one of many basic data feeds in our overall portfolio management process (mostly for economic and markets trends information).

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These communications are written for Camarda clients and those on its priority email list, then released to the public after priority dissemination.

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Camarda Financial utilizes the trademarked ISIS® investment process, invented by Chairman Jeff Camarda, CFP, ChFC, CLU, CFA, CFS, BCM, and is based in Jacksonville, Florida.

Important Information – Past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment strategy or product made reference to directly or indirectly in the communique will be profitable, equal any corresponding indicated historical performance level(s), or be suitable for your portfolio. Due to various factors, including changing market conditions, the content may no longer be reflective of current opinions or position. Moreover, you should not assume that any discussion or information contained in this communique serves as the receipt of, or as a substitute for, personalized investment advice from Camarda Financial Advisors, Inc. (“Camarda”).

Clients are reminded to contact Camarda if there are any changes in your financial situation or investment objectives, or if you wish to impose, add or modify any reasonable restrictions to our investment management services. A copy of our current written disclosure statement discussing our advisory services and fees continues to remain available for your review upon request. To the extent that a reader has any questions regarding the applicability of any specific issues discussed above to his/her individual situation, he/she is encouraged to consult with a professional advisor of his/her choosing.