GOP very mad at President Obama but can not touch his #$%$ ! They can only shutdown the Government and
hurt Americans . They receive their pay checks regardless of any situations . Obamacare is good for Americans for present and future generations . In the US history, Democrat Party can never be in White House more than 2 terms, but I believe that Democrat Party will be in the White House next term !GOP has been making BIG mistake trying to block OBAMACARE !
Republican Members in congress have not doing their jobs for American . They still get pay even million federal workers don't have their checks . They either against the Supreme Court trying to block Obamacare ,
They trying to kill the health benefits to US citizen !! Those ROP should be remove from Congress !
Is Hank Greenberg (former AIG Chairman & CEO) ready to confront with him ?
Wall Street is scaring to death about the return of Spitzer , he is going to be Wall Street Hunter !
US economy and Job reports are getting better ......&. Better and FED will make an adjustment to move interest rate HIGHER & HIGHER .
Which sectors have been benefiting most ?
1- Regional banks. ( KEY , RF , STI ...) .
2- Life Insurance companies. ( MET , PRU , GNW , ....)
Why AIG is not on this list ? AIG has less than 20% Life insurance business, almost all of it Life Ins. Cos
sold to MET and PRU between 2010 & 2012 .
AIG is a very good company , it will move UP to $50+ by year end , but MET will be at $56+ , GNW will be
at $16+ and PRU will be at $85+ .
I am a small investor and my portfolio must be limit amount of $$$$. There is nothing wrong to sell stocks to
take BIG profit and buy others for more profit .
Just my own opinion and personal knowledge only !
That " My Way Of Investment" .
Good luck to all .
I sold 75% of AIG today at $45.18 and waiting to re-enter in the future .
The reason is : AIG can not hold at 52-Week High ($46.46) and during the correction, AIG Down all the way to
$41...level . AIG will report earning on 7/29 and if AIG has a good Quarter ,it will move ABOVE new 52-Week High $46.50+ then I will re-enter ,or if AIG miss its expectation , then I will re-enter at support level $39....
Most of AIG business is P & C, only less than 20% is Life Insurance (sold Life insurance to Met Lfe and
Prudential (PRU) .The US economy is very good and FED will increase interest rate in coming months and will
benefiting Life Insurance Cos.and Regional Banks (RF .KEY, ZION...) . During the First Quarter of this year, AIG outperformed MET and PRU ,but in May ,June and July, MET and PRU have been moving UP and reaching many time 52-Week High .
AIG is a very good company under leadership of the Great CEO and it will reach $50....then $60+ in the coming years . Good luck to all .
C will UP today and UP & down until swing around under $40 until Earning before running High again !
I sold all at $50.45 to take good profit , waiting aside and will re-enter after Global Markets easing !
CASH ======= KING . Do not Greedy ! Buying stocks when it moving North, not South !
AIG down BELOW 50-Day Moving Average . I took profits and waiting aside ,will re-enter only when the Global
Markets easing . AIG possible can move down below $40 , pushing by Pro Traders and Market Makers .
We are retail investors , we can not against them .....it easy to swim along with water flow !!!
AIG can move to high $50 by year end . Good luck to retail investors .
1-Un-employment has been going lower...lower ,
2- Economy is getting better .
3-Fed will not continue to put $85 billions each month ...sometime in early 2014 .
4- Interest rate is going to increase .
All these news which all good news for Stock Markets , especially for all Life Insurance Companies :
MeT ,PRU, LNC ,AIG ,GNW ....
Good opportunity for retail investors to to invest in these companies .
Remember ,markets is not crashing, only Sell Off . Do not fear to sell and end up loosing $$$$$$ .