Dorion-Gray Retirement Planning Shares Expertise with WBBM Radio

Northshore residents rely weekly on Crystal Lakes own Robert "Bob" Gray, Vice President at Dorion-Gray Retirement Planning has become a featured regular on WBBM  Radio, having appeared as their Portfolio Doctor and Stock Analyst every month for the past 3 years. Gray, a WBBM audience favorite credits his straight-forward, no nonsense approach to audience popularity. "BBM's" listeners get an opportunity to often times choose their favorite company stocks for Robert to expound on for the segment which runs during the Noon Business Hour on the station.

Bob's wife, Paula, a CFP (Certified Financial Planner) is recognized nationally as one of the premier CFP's in the nation and has in fact, appeared on WBBM radio well over 500 times in the last decade. Paula has been honored to be twice elected to two Hall of Fames adding even more cashe' to this dynamic duo who built their own custom, client-friendly office headquarters conveniently located off of 176.

Paula is also a featured regular Host & Speaker for her one of a kind SmartWoman Talk that she provides to Fortune 500 companies nationwide.

Below see Bob Gray's weekly market commentary and be sure to tune into WBBM's Noon Business Hour to hear both Paula & Bob wax elequently about companies their listeners are interested in over the popular CBS station.

 Dorion-Gray Retirement Planning
Weekly Commentary
March 19, 2012
Markets Expectations….
Last Friday's trading saw the S&P 500 move up to the 1405.88 level before falling back to close
at 1404.17. It was expected that that would satisfy the current sequence and form a minor top.
Instead today’s close at 1409.75 broke above the level for the minor top. 
It will be a day or two before we can really tell if the growth will continue or if there will be 5 to 8 days of consolidation with a slight downward bias. We expect to see a slight drop down to the 1379/1376 level before the market resumes its upward trek.
The intermediate charts suggest that the underlying trend is still accelerating. So, after a slight hesitation, the market should remain in a positive trend for at least 8 to 12 more weeks. 
The uptrend on the long term monthly charts currently confirms the 8 to 12 weeks of higher
prices.
We will keep you informed.  
Tactically Speaking….
 
Last week the S&P 500 closed up 2.48% at 1404.17. Nine out of ten sectors were positive led by Financials and Industrials up 5.9% and 3.2%, respectively. The only negative sector was Utilities
at a minus .4%.
 
As we have been expecting, the focus moving forward will be on the U.S. Dollar along with the
Fixed-Income Markets. As the dollar firms and starts to move up again it will cause an inflow of
cash to the U.S. Equities markets lifting prices further. Also, money will start to move from the
bond markets to the Equity markets helping to keep a solid underlying bid on the Equity markets
while driving stock prices higher. 
 
Last week’s 3 year, 10 year, and 30 year U.S. Treasury auctions saw some early signs that
indicate a slight leaning toward the demand for new offerings moderating just a bit.
The highlight of last week’s economic calendar was the latest statement by the FOMC (Federal
Bank Open Market Committee). There was no surprise that they kept the fed funds target rate at
0.00% to 0.25%. The Fed also maintained an outlook that would likely warrant exceptionally
low levels for the fed funds rate at least through late 2014. Although the Fed has been
accommodative in its policy efforts, there has been a growing belief among market participants
hat further stimulus will likely be put on hold since the economy continues to improve. 
Financials were the primary drivers behind the market's advance last week. JPMorgan Chase
stepped in front of the stress test and announced a dividend increase and a $15 billion share
repurchase authorization. That triggered further buying interest among bank stocks, which
collectively rallied to close up 5.9% on the week. 
Retail sales showed an increase of 1.1%, better than the revised 0.6% increase of the prior
month. February results were also slightly better than the 1.0% increase that had been widely
expected. Initial jobless claims for the week ending March 10 totaled 351,000. This is down
14,000 week over week as the trend continues to suggest improvement in the labor market. The
Empire Manufacturing Survey for March improved to 20.2, which stands as its highest level in
well over a year. The Philadelphia Fed Survey for March also improved to a multi-month high of
12.5. 
Last Week in the Markets….
 
For the week, the Dow rose 2.47 percent to close at 13,232.62. The S&P gained 2.48 percent to
finish at 1,404.17 and the NASDAQ increased 2.24 percent to end the week at 3,055.26.
 
 
Returns Through 03/16/12 1 Week YTD 1 Year 3 Year 5 Year
Dow Jones Industrials (TR) 2.47 8.99 17.07 25.82 4.63
NASDAQ Composite (PR) 2.24 17.28 16.75 29.59 5.19
S&P 500 (TR) 2.48 12.19 14.15 25.65 2.44
BarCap US Agg Bond (TR) -0.69 -0.04 6.50 7.18 6.13
MSCI EAFE (TR) 2.43 12.49 1.96 19.61 -2.52
 
Source: Morningstar.com. *Past performance is no guarantee of future results. Indexes are unmanaged and cannot be
invested into directly. Three- and five-year returns are annualized. The Dow Jones Industrials, MSCI EAFE, BarCap
US Agg Bond and S&P, excluding “1 Week” returns, are based on total return, which is a reflection of return to an
investor by reinvesting dividends after the deduction of withholding tax. The NASDAQ is based on price return,
which is the capital appreciation of the portfolio, excluding income generated by the assets in the portfolio in the form
of interest and dividends. (TR) indicates total return. (PR) indicates price return. MSCI EAFE returns stated in U.S.
dollars. 
Net Worth – The total net worth of Americans was $58.5 trillion as of Dec. 31, 2011,
down 0.6 percent in the past year (source: Federal Reserve, BTN Research).     
 
Selling Goods To China – U.S. exports to China have more than doubled over the past six years, growing from $42 billion in 2005 to $104 billion in 2011 (source: Commerce Department,
BTN Research). 

Big Bucks – Three of the six richest people in the world today are Americans, but for the third
consecutive year, the globe’s richest person is not an American. Mexico’s Carlos Slim (worth
$69 billion) is ranked no. 1 (source: Forbes, BTN Research).  
 
The Dorion-Gray Team
 
Securities offered Securities America, Inc., Member FINRA/SIPC
Advisory services offered through Dorion-Gray Financial Services, Inc.
A SEC Registered Investment Advisory Firm. 
Dorion-Gray Retirement Planning is a trade name of Dorion-Gray Financial Services, Inc. 
DGFS, Inc. & SAI, Inc. are separate, unaffiliated entities. 
800-244-9373 
 
P.S. Please feel free to forward this commentary to family, friends, or colleagues. If you would
like us to add them to the list, please reply to this e-mail with their e-mail address and we will
ask for their permission to be added. 
 
* The Standard & Poor's 500 (S&P 500) is an unmanaged group of securities considered to be
representative of the stock market in general. 
 
* The DJ Global ex US is an unmanaged group of non-U.S. securities designed to reflect the performance
of the global equity securities that have readily available prices. 
 
* The 10-year Treasury Note represents debt owed by the United States Treasury to the public. Since the
U.S. Government is seen as a risk-free borrower, investors use the 10-year Treasury Note as a benchmark
for the long-term bond market. 
 
* Gold represents the London afternoon gold price fix as reported by the London Bullion Market
Association. 
 
* The DJ Commodity Index is designed to be a highly liquid and diversified benchmark for the
commodity futures market. The Index is composed of futures contracts on 19 physical commodities and
was launched on July 14, 1998.
 
* The DJ Equity All REIT TR Index measures the total return performance of the equity subcategory of
the Real Estate Investment Trust (REIT) industry as calculated by Dow Jones. 
 
* Yahoo! Finance is the source for any reference to the performance of an index between two specific
periods. 
 
*Commentary prepared by Dorion-Gray with information from various sources including market
strategist R. Kendall, The Hudson Institute, EWI, Hedgeye Risk Management, Securities America, Inc.,
and ClassicPrinciples.com, JP Morgan Asset Management, and First Trust.
 
* Opinions expressed are subject to change without notice and are not intended as investment advice or to
predict future performance. Technical analysis is provided based on our opinion of the overall prevailing
market conditions but is not guaranteed and is subject to change without notice.

Feel free to contact Bob or Paula at: 815-455-4963 for more information.