Jenson's Jaded Perspective of the Financial World - Scouring the Morning Wires! 2/19/10
Yesterday was a day of key world stock market analysis as it was important to take into consideration the Feds tightening of rates by raising the discount rate 0.75 basis point affecting markets in market trading in South Korea (also affected by the interesting North Korean claims to fire upon certain Naval Zones and to not give up their Nuclear Weapons even with support… brilliant politics as usual from Kim who claimed 7 hole in ones on his first round of gold ever…must have been miniature golf), also Tokyo shares lower on profit taking. Gold clap for the fed affecting investing and keeping some defensive hot stocks in play as I find fascinating… our stock comments gives plenty of the best penny stock picks and stock picks on all the exchanges that are not affected by such news.
The banks have been so greedy and really showing signs of mentally challenged decision making with the way they loaned to unqualified investors. The vast majority are facing being destroyed when looking at current stock market trends. TIP TO THE WISE…watch debt. That is the play to be made…the next round of exotics are coming to an offshore hedge fund to your bank that will either solve the issue or destroy the rest of the banks. Of course, Swiss banks are doing well. What a country…best people to do business with and read the John McPhee excerpt on the country for a quick education.
Societe General is a good bank, but would you rather take a look at some penny stocks and stock picks from the guys who bring you real companies that actually do something rather than waste the government’s money or pay themselves 15 million a year as a salary for holding your money hostage to loan for profit. Watch out for panic selling in Asian markets. They have been manipulating their currencies long enough and a strong dollar is very scary to them.
French Financial Minister says that crisis not over but recession behind us? That scares me. Is that double talk for the recession is over but something worse is looming? Stock market will do well but…choose wisely…being in that a major oil Company is on strike there. I have to once again refer to market analysis and stock market trends from a country where work hours are much shorter than the US, vacations are plentiful, and full wages and benefits are part of working and retirement packages? And you strike for what?
Watch the REITS…they are in play…debt…debt…debt
Still we think great stock picks often are on the OTCBB picks and NASDAQ Picks as sometimes these are companies that start as penny stock picks and later grow rapidly.
Sorry but short France except a couple of the banks oddly enough…and Turkey is in play with military issues with the US…it’s getting hot…hot stocks are there for investing in…
I am taking the stance that any country claiming it is doing great but going crazy over the Greece issue is a short…sign of weakness perhaps.
Europe will probably open down today. The EU is just not able to cooperate. Too much history and spite as there are so many cultures in conflict.
Hmmmm…airline strikes...hate to say short British Air? Toyota is in trouble…VW...might gain ground…other non affiliated Asian auto manufacturers??? Even US Auto makers…FORD…imagine that…
Thanks President… "Operation New Dawn” in Iraq. And that does what? Probably took 100 million of tax payer money to come up with that. How about health care and benefits.... Great, okay so the aerospace industry is about all we have left in the US. Entropy and Chaos = more weapons to more nations perhaps though it seems the next year or too might shift to sustainability and peace. We like the daily stock picks that may end up as hot stocks from the world of penny stocks where the next generations of green and other companies are created by hard working Americans who are toiling for our future vs. stealing from the US.
Japanese President offers US Congress “Sincerity” over Toyota…ummm…gee…thanks
Looks like bleak Friday…I mean how do our World leaders come up with these erudite responses to economic and War debacles? Pathetic…
Markets are down…tightening of the banks like a boa on our life…oddly Russia cuts rates to stimulate spending…great…what happened last time they did this? Hmmmm…volatile Ruble…beta…
Coup in Niger…interesting… non-durables are going to be the most valuable aspect of life. Africa is amazingly wrought with potential.
Switzerland is dominating…only play up. Japan is whaling.
That’s all for the world…check out our picks and Stock Newsletter. We always fill your morning with Macro Entertainment and Microcap picks that outperform…
