Thursday, November 26, 2009
THE DOW CONTINUES MOVE TO MID 10,000 RANGE, BUT IS IT AHEAD OF ITSELF
*GREEN OR BLACK FRIDAY AHEAD FOR THE DOW?
Astoria, New York
The continuation of the rally of the Dow and other indices continues to stun the elite of the economists. As a real economist, you must take in consideration that indices do go up for various reasons. Some of the reasons are good and real ones, others are bad and fake ones. The good reasons: healthy growth of the economy( with increasing GDP), stronger currency that leads to higher demand for it, political stability domestically and internationally, fair accounting practices with non deceiving disclosures by corporations. The bad ones are simply the opposite of the above list, including inflation and deflation scares and higher interest environments. But economists suggest that we are in period of a mixed bag scenario. Low interest rates with hard to get lending, higher commodity values with sinking real estate values. This is leading to confusion and markets rising with only some slightly favorable news. The markets are pointing to 10,000 for the Dow after European markets sank more than 3 pct on Turkey Day. A real Black Friday ahead?
Sunday, October 25, 2009
THE DOW FLIRTS WITH 10,000
Astoria, New York
With the Dow going back and forth above and below 10,000, a look back at the last 6 months is essential in understanding what happened here. The Dow hit a low between 6000 and 7000 in March. Thanks to the bailout, financials led the spring rally towards 8000. In the summer, it looked like the worst was over even though unemployment kept soaring. The market kept rallying after some pullbacks. By Labor Day, 9000 became a support level. In the late summer and early fall, the slow ascent towards Dow 10k even with more banks failing, gold breaking 1000 dollars and oil beginning to move north once again. And the government continues to print money, an easier task than other alternatives but resulting in a weaker dollar that hits 1.50 against the euro.
Saturday, September 19, 2009
THE DOW DEFIES THE NEGATIVE ODDS, ON COLLISION WITH TEN THOUSAND
*A REAL ECONOMIST BELIEVES DOW 10,000 AREA TO BE A MAJOR RESISTANCE LEVEL
Astoria, New York
Even in the midst of sour economic news in late August and early September, the positive sentiment built by investors thwarted any attempt to a breakdown below 9000. The Dow ran down to below 9200 from the mid 9500 area but found support from investors believing that the recession may be over and that an economic recovery is taking place but slow and on track. With the Dow hovering above 9800, the markets are feeling the area of a major resistance in the 10,000 zone. " I believe it will take some time to break this level solidly. The initial belief was the market would have gone below 9000 and then come back to break the 10,000 level in a year end rally between October and late December. This looks like it could be earlier than anticipated"
Sunday, August 16, 2009
THE DOW EXPECTED TO GO BELOW 9000 BY THE LABOR DAY WEEKEND
Astoria, New York
Cash for clunkers, national health care proposals, shaky labor market and no real economic theory fundamentals are making stories in August. While the cash for clunkers has helped auto sales and Obama may back off from a national run government medical insurance idea, companies are still unsure of what to do with unemployment. Even though we may have seen some kind of bottom, ripple effects could take a toll from a surge in taxes that will help governments curb increased expenditures, it may hurt small to mid size businesses. With this in mind and fresh off a sizzling July to August market rally, there may be room for a correction in the Dow. The Dow could easily crack back below the 9000 level with a possible aim towards Dow 8700 territory, an area of resistance in the late spring rally. Even the latest bank rallies were not as justified since PE ratios have been pushed to their highest level in the last few years with banks also shedding off their dividend payouts. Short term profit taking for various reasons could be taking place especially in some of the banks that have went up too much. Stay tuned to the real economist at www.therealeconomist.blogspot.com
Tuesday, August 11, 2009
ALERT: THE DOW HAS 90 PERCENT CHANCE OF GOING BELOW 9000 BY LABOR DAY WEEKEND
Thursday, July 23, 2009
BREAKING NEWS <>THE DOW BREAKS 9000 IN JULY 2009 RALLY
Monday, July 20, 2009
DOW ALERT AFTER MONDAY'S 100 POINT RALLY
Astoria, New York
A powerful 7 percent rally last week has been met by another 100 point rally today. The Dow is now at 150 points shy of Dow 9000 territory. If last week, there was a sustained rally for financials, Monday was a negative day ,though, for them. The broader market continued to rally on good earnings reports and CIT's survival package. As a real economist and not a fake one, I see major resistance near Dow 9000. The markets continue to trade in 8000 to 9000 range and after testing Dow 8000 territory in early July, earnings reports coupled with better recovery prospects have launched the markets towards 2009's peak levels set in June at the end of the Spring Fling rally. There is a flip of the coin 50 percent chance that the Dow could hit or break 9000 in the next two weeks.
Thursday, July 2, 2009
JUNE UNEMPLOYMENT PREDICTED TO RISE TO MID 9 PERCENT AREA, AS N.KOREA LAUNCHES MISSILES
*NORTH KOREA FIRES 2 MISSILES AHEAD OF THE JULY 4TH FESTIVITIES
Astoria, New York
Perhaps two different kind of dark clouds, one of economic , the other of international political nature, and the markets are feeling the effects. June was not a good month for employees. The bankruptcy of GM and continued layoffs put a dent in unemployment across the country. A proposed Obama healthcare overhaul could unleash new jobs down the road as employers could save millions on medical insurance costs. June unemployment is targeted to be in the mid 9 percent area perhaps near 9.6 percent. In the midst of this, North Korea continues its missile launches provoking the United States and the world once again. I don't see a happy ending here but I hope there is one anyways. The Dow Jones and world markets are under pressure since they reached the top in the late spring. I see a potential of 75 percent that the Dow will hit 8000 within July. There should be solid support at that area but continued dark clouds could push it below. Perhaps we need a dark knight to solve the problems.
Monday, June 22, 2009
IRAN AND NORTH KOREA DEVELOPMENTS SET THE TONE FOR THE EARLY SUMMER DOLDRUMS
Astoria, New York
It may have been a dandy of a spring, but now the summer, with wet spring weather carryover in the Northeast, could signal a flattish to bearish pattern for the late June period. As predicted here at the real economist blogspot, the Dow was anticipated to trade in 8000 range finding resistance just below 9000 and support just above 8000. But now dark clouds, and not the ones hounding New York City for several weeks, have loomed and are threatening the markets once again. The two big ones are Iran with a possibility of a revolution destabilizing that country, and North Korea with perceived threat for missile launches in July, perhaps on the 4th. There are other clouds too but for the time being, here I am concerned mostly with the international news front.
The possibility for the Dow to revisit 8000 exists as early today we have fallen below 8500. Stay tuned here at the real economist blogspot for real ideas, not fake ones.
Tuesday, June 16, 2009
MANY AMERICANS APPLAUD OBAMA'S HEALTHCARE PROPOSALS
*OBAMA LOOKS AT LONG TERM SOLUTIONS AND REVAMPING OF THE INDUSTRY
Astoria, New York
It is a real problem, a problem that has tormented this nation for a while and that is loosing your medical insurance coverage. With Obama beginning to tackle this issue with a speech yesterday from Italy, a nation that has socialized coverage, a glimpse of the future is starting to appear. The United States, the largest economy in the world, was in the brinks of collapsing market and the president has blamed healthcare for that. He said that many corporations like Gm have failed because of the high and always increasing costs of medical insurance. Obama is seeking to revamp the healthcare plague with a different philosophy. The problem is embedded in the healthcare system and it will take time to solve it. Doctors, insurance companies and patients have to do their part in order to go forward. Doctors have to become real doctors and not pencil pushers, Obama said. They have to put the patient first and not their own interest. Insurance companies have to right thing by reimbursing accordingly while patients have to take care of themselves by doing checkups and avoid smoking or eating fatty foods. Obama has also said that he would not likely put caps on malpractice suits. Overall, the president believes that a healthy America will make a stronger America.
Sunday, June 7, 2009
MAYOR BLOOMBERG TO JOIN ASTORIA HOMEOWNERS TENANTS BUSINESS ASSOCIATION ON JUNE 11th
ASTORIA HOMEOWNERS, TENANTS & BUSINESS
CIVIC ASSOCIATION
ATTENTION MEMBERS & ASTORIA COMMUNITY: Please attend this important meeting on
THURSDAY, JUNE 11TH, 2009
7:30 P.M.
St. Francis of Assisi School Basement 21-17 45th Street, Astoria, NY
SPECIAL GUEST SPEAKER:
THE HONORABLE
MICHAEL R. BLOOMBERG
MAYOR, CITY OF NEW YORK
Come and hear directly from the Mayor about how the city of New York is doing during these difficult economic times
and hear what his vision is
for the future of the city of New York.
•
We will be honoring Mayor Bloomberg with a plaque for his
many accomplishments for the past eight years.
•
In addition there will be an update on other community issues.
PLEASE JOIN US - YOUR PRESENCE AND INVOLVEMENT ARE VERY IMPORTANT FOR A BETTER COMMUNITY!
Sunday, May 31, 2009
GM READIES FOR BANKRUPTCY CHAPTER 11, FIAT AWAITS JUDGE ON CHRYSLER
*FIAT, UNIONS, US AND AMERICAN GOVERNMENT WILL BE INVOLVED ON THE NEW CHRYSLER
*DOW JONES CAMPS IN THE 8000 RANGE
Astoria, New York
Two US car giants will make news on Monday June 1st. GM is expected to file for Chapter 11 and most likely all existing shareholders will be wiped out, while Chrysler will know what the judge will say about the new company which will be controlled by an italian automaker FIAT.
GM, Chrysler and Ford, the US big 3 aren't as powerful as they were in the last millenium. Ford is the only one that was strong enough to avoid bankruptcy while Chrysler was the only company not publicly traded. Out of this big mess, emerges Italy's ex Agnelli family jewel FIAT.
FIAT has really not been involved in US market for a few decades, but now it has the chance of returning with a new beat by controlling Chrysler. In the meantime, the DOW has been trading in a narrow range in the low to mid 8000 level, with support at about 8000. With economic news
showing some signs of recovery and some continued negativity, the Dow's recent spring rally has come to a halt. The Dow is expected to trade in the 8000 range for June.
Saturday, May 9, 2009
MARKET CONDITIONS AND TECHNICALS ON OVERSOLD STOCKS FAVOR SPRING FLING 2009
* OVERSOLD STOCKS HAVE AND CONTINUE TO PERFORM WELL* ILLIQUID POSITIVE MICRO CAPS COULD PRODUCE MULTI BAGGER RETURNS
Astoria, New York
Spring Fling 2009, as initially predicted by the real economist at http://www.therealeconomist.blogspot.com/ and later confirmed here by microcapstock, is showing some good results. This is happening after a disastrous winter that in a way has wiped out in a way never seen before the values of investors' portfolios. With Obama's plan at work, there has a been sense of relief as many investors have returned to the markets by buying and trading on some cheap financials such as Citigroup (C) and Allied Irish Banks (AIB). Shares of Citigroup have quadrupled since its all time low just under one dollar per share. But the real economist is concerned with higher inflation, fueled by fiscal stimulus, printing of money and incentives to buy. " We have never seen a perfect market economy with true capitalism at work in the right way. The reason is due greed and fear as well as government intervention. Therefore we must rely on some kind of social capitalistic structure that could be ready to act where there is weakness and that is what we are getting from the Obama administration" said the real economist. In the meantime, some microcaps are showing signs of recovery, and some others are ready to explode in coming weeks thanks to a Spring Fling scenario that should last until summer arrives. " I am afraid that we will be oversprung by July and this will cause markets to stablilze and perhaps underperform during the summer months. I will discuss this scenario at a later date" finalized the real economist. In the meantime shares of GVSS have remained below 30 cents, ahead of earnings release and conference call on May 14th. There is speculative rating on the stock with a short term conservative specualtive buy rating and a target price of 45 cents. Microcapstock will evaluate other micro stocks this week and will continue to discuss general reasons for rallies of micro caps. Micro caps are intended for professionals and accredited investors due to various reasons. Please read the full disclosures on this web blogspot.
Monday, May 4, 2009
DOW CONQUERS 8000 LEVEL, RALLY MAY CONTINUE AS 8000 TRIES TO BECOME SUPPORT LEVEL
*FUTURES POINT TO HIGHER START
Astoria, New York
It has been a 6 week battle but the bulls were able to break the 8000 resistance level. In the next few days, the real economist will try to evaluate if this is a short term move or if this will lead to a stronger rally.
"In the meantime, the 8000 level has become a support level and this will be tested" said the real economist. "With futures pointing to a higher start, the bulls have the upperhand on the situation, and only some serious negative news can take it below 8000 again."
Friday, May 1, 2009
Sunday, April 26, 2009
SWINE FLU PANDEMIC COULD IMPACT WORLD ECONOMIES
*PHYSCHOLOGY OF OUTBREAK FLU COULD HAVE IMPACT ON GLOBAL RECOVERY
Astoria, New York
Government officials are worried that a swine flu outbreak that has already killed dozens in people in Mexico and already affected more than a thousand people combined in various countries including the United States, could stall the economic the economic recovery. Markets worldwide are under pressure, with futures in US showing a negative start." The battle for Dow 8000 has raged for more than 5 weeks as I predicted back in March. The 8000 level is a major resistance level in this leg up from the bottom near the 6500 bottom. A swine flu outbreak scare could give the bears ammunition to take this Dow below 8000 again." said the real economist.
In the meantime, http://www.microcapstock.blogspot.com/ has a speculative buy rating on GVSS with a 4 month target of 45 cents. A Spring Fling 2009 could turn more bullish for healthcare, medical technology and biotechnology stocks on news of the flu outbreak. PURE ( Pure Bioscience ) is soaring on the news of the outbreak because their formula kills viruses and bacteria. It is suggested to do careful and extensive due diligence before acting on any purchase or sale of securities. http://www.therealeconomist.blogspot.com/ endorses the consulting with financial and legal experts ahead of any consideration of purchase.
Friday, April 24, 2009
CHRYSLER MAY FILE FOR BANKRUPTCY FOR POSSIBLE FIAT DEAL
Sunday, April 19, 2009
OBAMA COPIES JULIUS CAESAR'S TACTIC WITH ENEMIES
Obama may have studied more history and economics than past presidents, or may be he is surrounded by less belligerant people than his predeccesor. In the last few days, the president has visited Latin American countries in the hope of creating new relationships with some of our past enemies like Chavez and Castro. The tactic of reaching out to enemies was General Caesar's concept of strength and not weakness. As civil war raged, Caesar was able to get his enemies on his side after winning decisive battles. Caesar believed in diplomacy and would leave confrontation in the battlefield as the last resort. Of course, Caesar wouldn't take matters lightly and was ready for battle if necessary. The South American leaders of Venezuela and Cuba welcomed Obama's reaching out as they are willing to discuss various issues with the new american president. Security, drug smugglers and human rights are some the items on the agenda. The realeconomist.blogspot.com wishes Obama the best in dealing with these affairs.
Wednesday, April 15, 2009
SPRING FLING 2009 <> INVEST OR TRADE
Thursday, April 9, 2009
Tuesday, March 31, 2009
WHITE HOUSE RAT PUSHES OUT GM'S WAGON
*WAGONER TO GET GENEROUS PENSION PACKAGE
*OBAMA SAYS HOPEFUL OF FIAT-CHRYSLER DEAL,SAYS F.I.A.T. A FINE INTERNATIONAL COMPANY UNDER GOOD LEADERSHIP
Astoria, New York
The markets tumbled on Monday because of the continued plague of the auto industry. At the White House, President Obama said that GM's ceo was asked to resign because of need of change of direction in the auto maker pursuit to return back to financial soundness. Wagoner won't leave GM empty handed. He will receive generous pension plan worth over 20 million dollars. Obama, on behalf of the taxpayers, said that the government is not considering to run the auto industry. He said that a financial disaster has struck the industry and as if it was a natural disaster, the government has to intervene in the same manner. He is giving the auto makers GM and Chrysler another 30 days to come with a better restructuring plan. Regarding Chrysler, Obama is hopeful of FIAT-Chrysler deal. He believes FIAT to be a fine turnaround international auto maker under good leadership. FIAT, the jewel of the past Agnelli family of Italy, has undergone a major restructuring plan and now under new professional leadership, is in a position to gain from the overall global situation, said the real economist. Just a few years ago, a cancelled put option by GM netted 2 billion to FIAT.
Monday, March 23, 2009
MARKETS MUSTER A SIGNIFICANT RALLY ON TREASURY, HOME SALES
Astoria, New York
A rally that ignited investors around the globe was sparked by the unveiling of the Treasury Plan to soak up bad toxic assets. The real economist believes that such a plan, as predicted earlier, would try to maintain real estate value from sinking lower. This would lead to more money printing and easily higher inflation down the road. Also, credit would flow back into the system to stimulate the sagging economy. The real economist predicted a positive month in an earlier post. We are seeing some spring action after a long and disastrous winter. The rally is decisevely in the larger stocks, but rotation should set in and we could witness one of the largest spring small cap and microcap rally since 1996. That rally commenced in April and ended in June. For additional info visit www.microcapstock.blogspot.com. The rally was also fueled by an increase of 5.1 pct in real estate sales for February.
Sunday, March 22, 2009
MARKETS AWAIT TREASURY PLAN ON RESCUING BANKS
*WAMU HOLDING CORP SUES FDIC OVER BLITZ TAKEOVER BY JP MORGAN
Astoria,New York
US markets sank on Friday ahead of the unveiling of a new plan for rescuing of banks and regulation on tarp/talf money. It didn't took much to anger many last week when AIG paid out bonuses in the millions to its executives. AIG and legal experts claim that the payments were made because of contractual obligations. Also,in a filing, WAMU Holding Corp said that JP Morgan underpaid for its assets. JP Morgan took over WAMU in 2008, in a government backed deal.
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Saturday, March 21, 2009
Thursday, March 19, 2009
THE REAL ECONOMIST LAUNCHES MICROCAPSTOCK.BLOGSPOT.COM
*JOIN IN CHATS TO FIND THE BEST MICRO CAPS OUT THERE
Astoria, New York
The real economist in an attempt to keep things simple, has decided to create a new blogspot for micro cap stocks. This blogspot will have more detailed information about these companies and it will also try to identify the best companies out there with everybody's help. It is not intended to be a guru website or make reccomendations. At www.microcapstock.blogspot, the intention is to create an atmosphere of identifying good companies with good financials, management and other tools necessary to create good oppurtunities for investors.
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MARKETS MAY HEAD LOWER AT THE OPENING IN THE US AFTER FED DECISION TO INJECT MORE THAN A TRILLION IN TREASURIES.
MARKETS HAVE BEEN STRONG SINCE LAST WEEK.
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THE REAL ECONOMIST IS IRATED AT AIG BONUSES AND CORPORATE WASTE ON BAILOUT MONEY. PLEASE VOICE YOUR OPINION HERE AT WWW.THEREALECONOMIST.BLOGSPOT.COM.
Monday, March 16, 2009
BREAKING NEWS <> MARKETS CONTINUE RALLY AS THE DOW HITS 7300
* TECHS HOLD NASDAQ DOWN
FISCAL YEAR ENDING 12/31/08 CORPORATION TAXES DUE TODAY
Regular Corporation and Subchapter S Corporation Tax filings for 12/31/2008 fiscal year ending entities, usually due on March 15th, are due today, Monday March 16th, because yesterday was Sunday. For LLC, Partnerships and 1040 personals, the due date is April 15th. If owners of corporations need additional time to file, then they must file a 6 month request of extension of time form with the IRS and state governments. A minimum tax payment or an estimated tax payment for profitable companies should be accompany the request.
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For additional info, please see your accountant or go to http://www.irs.gov/.
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INDUSTRY WATCH : SECURITY
MICRO CAP WATCH : GVSS
http://library.corporate-ir.net/library/19/191/191877/items/310164/C132432B-28E3-4E34-AD34-84E6E387AF63_Investor_Brochure_3-09.pdf
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Tuesday, March 10, 2009
MARKETS RALLY ON CITI FORECAST, DOW SOARS ALMOST 400 POINTS
ASTORIA, NEW YORK
March, a crazy month for anybody. Just think about the Ides of March. After dipping to new lows last week, the Dow and the beaten down bulls have mounted a counterattack against the bears. The result was a monster move in percentage terms for the Dow and other indices. Citi on the news, stating that it will be profitable in the first quarter of 2009 and that was enough to ignite the fire. Financial stocks led the rally after being beaten down to historical lows.
Monday, March 9, 2009
BREAKING NEWS <> STEM CELLS STOCKS RALLY ON OBAMA
*STEM CELL STUDIES CAN HELP FIND CURES FOR MANY DISEASES
ASTORIA, NEW YORK
It took eight years of Bush's anti-stem policies to wipe out the capitalization of many genetic and stem cell research companies. Now, with Obama, the tide may favor these companies, if they were able to survive. The idea is that stem cells could help save lives in fighting many kinds of illnesses. From diabetes to Parkinson's disease to spinal injuries, scientists hope to find new ways to cures or prevention. While Bush's reasons were religious, it is understandable that this action has stirred up members in the religious community. Shares of stem cell companies rallied on the news and will be eyed upon by aggressive investors. Usually, these type of companies have a significant amount of risk associated with them and are better suited for sophisticated investors.
Friday, March 6, 2009
BREAKING NEWS <> UNEMPLOYMENT RISES TO 8.1 PERCENT
* WELLS FARGO SLASHES DIVIDEND
Sunday, March 1, 2009
MICRO CAPS HUNTING - ( Part 3 ) DIRECT INSIDER BUYING
INSIDER BUYING IS A STRONG TOOL FOR EVALUATION.
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There are many tools for evaluating micro cap stocks. I don't like to call them all penny stocks, because for me, penny stocks are the ones where you have at least 100 million shares or more and they trade for just a few pennies. Micro caps are just small tiny companies. When a micro cap becomes a penny stock, then I have to evaluate if to sell it or buy more. One of my preferred tool is Direct Insider Buying. Direct means that the insider is putting his/her money,dollar per dollar and not pennies on the dollar, for the purchase of traded shares. The insider is probably sending a signal to the street that he is buying because he feels that shares may be a bargain at that particular price. He may be right, he may be wrong, he may be clever or he may be not so clever. After the direct purchase, the insider has to file a Form 4 within an amount time. A Form 4 looks like this
http://app.quotemedia.com/quotetools/showFiling.go?name=GVI%20SECURITY%20SOLUTIONS%20INC:%204,%20Sub-Doc%201&link=http%3A//quotemedia.10kwizard.com/filing.xml%3Frid%3D12%26ipage%3D6081722%26DSEQ%3D1%26SQDESC%3DSECTION_BODY%26doc%3D1&cp=off&type=TEXT
For the nasdaq.com site go to:
http://www.nasdaq.com/asp/quotes_sec.asp?symbol=GVSS&selected=GVSS
Direct buying is real and tangible if you compare it to indirect buying or exercise of below market options or just free stock. Of course, direct insider buying is just one tool and many other tools must be looked at separately before combining them to see what effects it can have on that particular stock.
Friday, February 27, 2009
BREAKING NEWS<> FAT CATS SLAMMED OUT OF CITI, GOVERNMENT TAKES BIGGER STAKE
*GOVERNMENT TO REVAMP CITI BOARD, TAKES LARGER STAKE BY CONVERSION OF PREFERREDS
*MOVE SEEN AS THWARTING A RUN ON THE BANK
FEBRUARY'S POINT DECLINE FOR DOW, WORST ON RECORD. DOW NOW STANDS AT 50 PERCENT LOSS FROM ALL TIME HIGH. THE REAL ECONOMIST OF ASTORIA, OFFICIALLY DECLARES THE WINTER AD 2008 TO AD 2009 AS THE WORST IN THE LAST FEW DECADES.
ASTORIA, NEW YORK
Another friday, another down day for the Dow. February closes with the Dow just above the 7000 area. The major culprit was Citicorp (C). It was forced to go back to the government and make another deal. The latest one will bring the government's stake in Citi's common to 36 percent. The move will dilute further existing shareholders. This week has seen other bad news including an increase in first time unemployment applications, a decrease in existing home sales and a 5.2 pct decrease of durable orders for January. The real economist believes that March could be a wild one for the markets. "After a dip below the 7000 level, it is possible to see a slim gain for the month if not better. We need to see spring soon ".
Tuesday, February 24, 2009
BREAKING NEWS<> MARKETS LIFTED BY BERNANKE'S SPEECH, OBAMA COMMITTMENT TO BETTER AMERICA
Astoria, New York
A speech by Bernanke televised by TV stations across the globe, including the Italian tv station RAI24 news, had the objective of reversing yesterday's losses for the Dow. With Bernanke explaining that the recession could be over in 2009, investors jumped by short covering and snapping up beaten down stocks. As the real economist has foreseen some kind of relief rally this week, he is also concerned by negative news coming from different angles of this battered economy. It's like the Battle of the Bulge, where there are no clear winners, until something drastic happens. Hopefully, it will be on the upside. With Obama reaffirming, tonight, his committment in fixing this financial mess by sacrificing, people are still perplexed in identifying the exact road that Obama will be taking. Will he be more on the hunt for catching fraudulent activities or will he be taxing the rich to cut down the deficit?
The real economist in its first attempt, will make its first micro cap stock pick for pros only. Pros are considered experts and accredited investors. A regular or new investor needs to consult with a financial advisor or an expert to ascertain his risk tolerance and qualification. A pro should also do some due diligence and check reliable sources for additional information regarding the below mentioned company. Prices could fluctuate significantly causing a major gap in value. Bottom fishing and buying at the bid when combined, could prove to be a winning strategy. This is not a solicitation to buy or sell this security but just a stock pick for monitoring purposes only. The following security has the potential to surge on the upside for various reasons. The following security could also collapse and become worthless for unseen reasons too.
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STOCK PICK : GVI SECURITY (GVSS)
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Last Trade: | 0.30 |
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Trade Time: | Feb 24 |
Sunday, February 22, 2009
MARKETS EXPECTED TO RISE A BIT AFTER LAST WEEK'S NEW CLOSING LOWS
With banks ,such as Citibank (C) and Bank of America (BAC) , getting ripped apart and causing the markets (and the Dow) to sink towards Dow 7,000 , the real economist sees some relief rally in the upcoming week. The implementing of the new stimulus and the effects of it, in the midst of a deteriorating economy, are still puzzling investors across the globe. On a technicality, markets should jump early but then turn cautious awaiting economic news by mid to end of week.
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http://www.economyincrisis.org/?gclid=CL_TocD78ZgCFQwNGgodN3NB1Q
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Wednesday, February 18, 2009
THE REAL ECONOMIST SEEKS ELECTRONIC SECURITY TO COMBAT FINANCIAL FRAUD
* MORE EFFICIENT MONITORING OF FINANCIAL COMPANIES WITH MORE THAN 1 MILLION IN ASSETS
* BELIEVES THAT FINANCIAL FRAUD IS EQUAL TO FINANCIAL TERRORISM
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Astoria, New York
Another alleged scandal, involving a Texas billionaire named Stanford, has crossed the wires today. This scandal involved CDs, a safe type of investment. This has shocked many people across the globe. Even though the size of the scheme of 8 billion is far less than Madoff's Ponzi, it has serious ramifications.
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For more information, please click on the following>
http://finance.yahoo.com/news/Billionaires-bank-customers-apf-14407193.html
Tuesday, February 17, 2009
MICRO CAPS HUNTING (Part 2) THE FOUNDER
*BREAKING NEWS - OBAMA SIGNS STIMULUS BILL IN DENVER
Sunday, February 15, 2009
OBAMA GETS VOTES TO PASS STIMULUS PLAN; WILL SIGN BILL IN NEXT 48 HOURS
RESULTS OF OUR RECENT POLL INDICATES STIMULUS WOULD HELP A LITTLE THIS ECONOMY
Astoria, New York
President Obama says that this is not the end of the deep recession but the beginning of the end of it. After debates, some alteration and major opposition from Repubblicans, the new Stimulus Plan has squeaked by the Senate earlier last week, and was passed finally by Congess on Friday. Obama wants to put Americans back to work with a massive infrastructure plan. He also wants to boost new green technologies to alleviate and eventually eliminate dependence on foreign oil. A stimulus break for $400.00 per person and $800.00 per couple is expected to affect 95 percent of Americans. As most top economists say, the Obama Stimulus would only help a little this economy and much more may be needed to bring it back to normal. Therealeconomist ( THE REAL ECONOMIST ) believes that in order to protect property values, governments may need to print more money leading to longer term inflation and the amount of stimuli needed in the U.S. for the next four years, would amount to between 2 to 5 trillions.
(( Top economist LARRY KUDLOW at CNBC believed that the damage was only between 10 to 20 billions (MAY 2008 at the TAGLICH CONFERENCE ))
Monday, February 9, 2009
MINI DEPRESSION VERSUS (GREAT) DEPRESSION
Last winter, I had tossed the idea of a possibility of a mini depression looming ahead. During the summer, I was convinced that we were heading towards one. What is the difference between mini and GREAT? A lot. In a Great Depression, people will be struggling to put food on the table. Most banks will be going bankrupt, and urban areas could become vacant lots because there are no jobs available. That doesn't sound nice. It did happen in the Great Depression of the late 20's and early 30's. The inaction of the government as well food shortages and calamaties could create another one. In a mini depression, instead, the government is more efficient in allocating its resources quickly and swiftly to deal with any rising problem. Food is available as well as housing. Credit becomes scarce and unemployment rises due to cost efficiency programs implemented by companies. Today, we have resources that can help us thwart another Great Depression. These resources were not available back then. We have computers that could give us information instantly. We have better technology and communication across agencies. We have security. We have food and transportation availability. We have medical resources availability. We have cooperation among foreign governments. And we have the spirit of moving forward. So, you may ask: " Can we head towards another Great Depression ?" And I would reply: " YES, WE CAN".
But we won't , if we can stick together and we tell the powerful fat cats to do the right thing. Government bailout money to bonuses for the fat cats??? That is a no no. I don't want to think about the idea of those fat cats living 2000 years ago in Rome if they were able to get away with it, if caught.
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ALERT<> SENATE TEST VOTE IN FAVOR OF STIMILUS
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THE NEXT BLOG > MICRO CAPS HUNTING (Part 2 )
Friday, February 6, 2009
THE SENATE READIES TO VOTE ON OBAMA'S ECONOMIC STIMULUS
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Stay tuned to http://www.therealeconomist.blogspot.com/ for more developments.
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PLEASE VOTE IN THE NEW POLL REGARDING THE STIMULUS. (in the right column) ----------------------------------------------------------------------------->
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THE NEXT BLOG> MINI DEPRESSION VERSUS (GREAT) DEPRESSION
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Saturday, January 31, 2009
JANUARY 2009, WORST JANUARY PERFORMANCE ON RECORD, IN MIDST OF MORE SCANDALS
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www.foxbusiness.com/story/stocks-end-worst-january-record-losses/
www.nydailynews.com/money/2009/01/29/2009-01-29_judge_minimadoff_nicholas_cosmo_must_fin.html
Wednesday, January 28, 2009
MICRO CAPS HUNTING (Part 1)
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(Attendees at the Small Cap Conference at the Waldforf Astoria vote for micro caps/small caps)
LINK http://www.paulsoninvestment.com/Press/PLCC%20-%20Westergaard%20Survey%2011-08.pdf
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Sunday, January 25, 2009
IN MEMORY OF MARCUS TULLIUS CICERO
BECAUSE OF AMERICAN FAT CATS GREED AND AMERICAN POLITICIAN INJUSTICES, ALL OF OUR STATES ARE NOW SUFFERING, ALL OUR FREE COMMUNITIES ON MAIN STREET ARE COMPLAINING, AND EVEN FOREIGN GOVERNMENTS AND PEOPLE ARE PROTESTING. AS FAR AS THE BOUNDS OF
THIS UNIVERSE, THERE IS NO SPOT NOW SO DISTANT OR SO OBSCURE THAT THE WANTON AND UNSCRUPOLOUS DEEDS OF THE AMERICAN FAT CATS HAVE NOT PENETRATED THITHER.
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Dear Larry,
I appreciate listening to some of your speeches. I have learnt more about what and who you are but I believe that this is a conference directed for the small stock investors. It should have a speaker who can understand and discuss the issues that the listener needs to know before he considers investing in these micro companies. Politics is an essential part of macro economics and micro economics. But politics cannot and should not persuade an economist to alter his opinion for the benefit of his fellow politicians. A media economist must remain independent at all times so he can favor what he truly believes in, and that is a fair economy and true economic growth.
Real estate as you may have learnt lately is an essential part of this economy and other economies worldwide. It is a multi trillion dollar business which affects banks, insurance companies, and any other industry that you can think of. A question came to your plate 3 years ago at this conference. It asked you if Americans had borrowed too much and if the true worth of real estate prices had been compromised. You argued that Americans had borrowed the same percentage to equity as usual and that prices were backed by the strength of the money supply of this economy. You were wrong. Freddie and Fannie were giving out or buying out loans with zero equity. When real estate gets manipulated by the politicians and by the greedy fat cats, it could overshoot causing a manic period in prices, just like small stock prices tend to soar on particular times on Wall Street. But there is a difference. Real estate affects everyone anywhere while stock prices in small stocks only affect a few. And the sad thing is that they have more regulation on small companies instead of having it on the real estate industry. You argued in the past against European policies and against its currency. You were wrong. The euro soared to 1.60. But the Europeans followed the greedy fat cats and they also fell in that fat cat trap of this global economy. Somehow, the greed of the fat cats is contagious and persuasive enough to convince people, from economies with more regulations, to indulge into an easy way out of their debt. But now change has opened its doors in America. The president elect has promised to change the way Wall Street operates. His hands are full as he inherits this financial mess. Bailouts and cry-outs are distrusting and disgusting for capitalism but not for the welfare and protection of the economy. The greedy American fat cats and those with unlimited executive compensation who don't know how or are too greedy to protect their companies on a rainy day, now will lose weight and they will feel the pain of change. Capitalism will survive in one shape or the other but it will be played on a different playground.
Taxation and regulation as well as caps on executive compensation for those public companies that are owned by private shareholders will be needed to be implemented in a fair and consistent way. This will be essential in Monitoring against excessive economic spurs that could affect anyone anywhere anytime.
For me, it was Marcus T Cicero who inspired me in writing this letter to you. Even though,
we are more than two thousand years apart, we live in a period of time that could be similar economically and politically to that of the roman senator. History usually repeats itself.
This is serious stuff. This is not what you thought just a few months ago at another stock conference. The amount of money in question here is really huge.
Sincerely, a fellow
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( written in early November 2008, ahead of the Westergaard Paulson Small Cap Conference at the Waldfoorf Astoria, NY )
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OBAMA IN FIRST RADIO ADDRESS
- In his first radio address to the nation, President Obama has outlined his proposed stimulas plan. He wants to promote education, green renewable energy, health care and security. So far, the economy has continued to deteriorate with unemployment insurance claims rising to new highs and housing starts falling again. With the Dow Jones declining almost 8 percent in 2009 and banks under serious pressure, another stimulus plan looks likely to be passed in the next few weeks. Obama also said that he wants accountability for the spending and has initiated a new website for taxpayers who wanted to know how the money is spent at http://www.recovery.gov/.
PROPOSED STIMULAS PLAN
SECURITY - <>BOOST SECURITY AT 90 PORTS
<>BETTER COMMUNICATION BETWEEN LAW ENFORCEMENT AND PUBLIC OFFICIALS IN CASE OF AN EMERGENCY
EDUCATION - <> MODERNIZE 10,000 SCHOOLS
<> PROVIDE HIGHER EDUCATION TAX CREDITS TO 4
MILLION STUDENTS
HEALTH CARE - <>NEW TAX CREDIT FOR PEOPLE LOOSING THEIR JOBS
<>INCREASE MEDICAID BENEFITS
<> EXPANSION OF CHILD TAX CREDIT
ENERGY - <> 3000 MILES OF NEW TRANSMISSION LINES TO CONVEY
ENERGY FROM COAST TO COAST - <>BUILD UP CLEAN ENERGY INDUSTRIES
Monday, January 19, 2009
I HAVE A DREAM TOO
Saturday, January 17, 2009
PAX OBAMA vs PAX ROMANA
Tuesday, January 6, 2009
MALL STREET vs WALL STREET
Thursday, January 1, 2009
HAPPY NEW YEAR 2009
PLEASE VISIT OTHER BLOGSPOTS
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