Jo-Ann Stores Announces June Sales Results

Jo-Ann Stores Announces June Sales Results

Our Stock of the Week selections are doing very well. My assistant still has not gotten the hang of how to compute returns but the stocks are doing well. We will post corrected returns as soon as possible.

One of our selections, Jo-Ann Stores, continues to grow the business. Sales increase in June by 4%.

BUY THE BULL! IT IS A RARE DAY TO SEE STOCKS SELLING AT A DISCOUNT TO BONDS!

BOND BUYERS SHOULD CONSIDER SWITCHING TO AAA GRADE HIGH YIELDING STOCKS! THE HISTORICAL VOLITILITY IS LOWER THAN LONG BONDS AND THE LONG-TERM RETURNS ARE SIGNIFICANTLY HIGHER. AAA GRADE HIGH YIELDING STOCKS EVEN BEAT THE S&P 500 97% OF ALL 10 YEAR PERIODS. THE BIG DIFFERENCE IS THAT THESE STOCKS HAVE NOT HAD A LOSING 5 YEAR PERIOD AT ANY TIME IN THE PAST 50 YEARS. INDEED, THESE STOCKS TYPICALLY GO UP DURING A RECESSION!