Dan’s Blog


Dan Calandro - Tuesday, October 11, 2011

Two stories hit today that sent the Dow Jones Industrial Average soaring, ending up 339 points and almost 3%. A deal to restructure Greece’s debt was struck in Europe, and the US Bureau of Economic Analysis issued that Real GDP increased 2.5% – that’s growth from last quarter, not for the year. 

Here’s quarterly GDP growth for the year thus far:

                        Quarter           Growth

                        1Q’11               .4%

                        2Q’11              1.3%

                        3Q’11e            2.5%

                        Average           1.4%

First, this is an advance estimate for the third quarter. The advance estimate for the first quarter was revised down one full percentage point. Keep in mind that this estimate can change.   

Second, and should this third quarter estimate hold up, 1.4% annual GDP growth stinks. A number that low can never improve the employment situation – and that’s what “the market” really needs right now. Until that changes, days like these are a trader’s dream.

Here’s how the stock market action looks year to date. (DJIA +5.5%, 15-51i +12.9%.)


Over-hyped markets are the markets to sell in.  If you haven’t rebalanced your portfolio (both macro and micro) now is a good time to do it. Remember, it’s sell high – not sell at the highest.

PS: [10/29/2011]  There is relatively little to celebrate when Real growth is less than half the rate of inflation.  There's no reason to buy into the hype.

Recent Posts


Besides receiving periodic updates and alerts, subscribe to our email list and gain direct access to Dan Calandro, award winning author and inventor of the 15-51 system.™ Dan is the ultimate investment coach, and because he provides this service free of charge to his following, you can count on the most honest and unbiased investment advice offered in the industry.

  • Learn
  • Lose Your Broker
  • Knowledge is the foundation of success. Dan’s method is grounded in basic logic and common sense, and is backed by history, fact, and mathematic. It’s easy to understand, simple to use, and consistently produces superior results. Guaranteed.
  • Plan
  • Surviving the Next Crash
  • Having an action plan at the ready is a vital ingredient to transforming the next major correction into the greatest investment opportunity of your life. This captivating new piece is a great addendum to the book. Get it now for FREE!
  • Achieve
  • See the performance you can expect with the 15-51™ system! Dan’s portfolio routinely outperforms the markets by more than 600% over the long-term – and you can do it too! Click on the image to see the proof.
  • Support
  • Dan makes good on his chapter 8 guarantee by personally connecting with his readership to answer questions and coach members through the investment process.