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Fighting with bears

I have to hand it TradeMaster Daily Stock Alerts‘ Jason Cimpl. Yesterday, his morning alert to his traders was titled "The Biggest Story You Didn’t Read Yesterday". And I’ll admit, I missed this story. But Jason, ever on the lookout for events that can lead to solid profits for his readers, was all over it. Of course the biggest story yesterday, which was the failed auction in China, received no coverage from the U.S. media. China’s finance ministry could not come up with enough bids in yesterday’s $4 billion 1-year auction. Over the past year there has been much debate as to whether or not China’s yuan is undervalued. Speculators have slowly priced in a currency adjustment, but yesterday’s auction could indicate that the adjustment will happen …
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