WHAT’S UP? – 5 Top Lists – #1 foreign crisis: top 19 Financials & the Stress test; Top 25 Subprime Lenders; Top Renewable Energy Resources; Top guy back in the fight; The $64 Million,Billion, or Trillion dollar question

   Top of the List of Foreign Problems

Nuclear armed Pakistan is the # 1 Foreign policy problem today.  This whole area of the world has deteriorated as the USA fiddled and diddled in Iraq for 7 years. Yesterday’s NYT editorial.


        Stress Test on Top 19 Financials

What has turned into little more than a PR event for the Shadow Banks and our government will be announced today. We’ve given them Shadows trillions, the banks can mark to market any assets, and history suggest every time we rate this crisis the reality is worse. The NYT has 6 analysts debate, including Simon Johnson

        The Top 25 Subprime Lenders

Photos – Tweeter.com

Here’s the list from BusinessWeek of the top 25 Subprime leanders. Countrywide is #1. Is your bank there?


See full size image     Top 10 Renewable Energy Resources

Photo timesunion.com

A list of the top 10 Renewable Energy Resources from Listverse

See full size image Top Guy You Want To See Back Fighting

He’s back, Eliot Spitzer, Former NY governor and Wall Street fighter, who had trouble with hookers is back on the air. This is the kind of tough guy who is unafraid of going after Wall Street. He along with our #1 hope for justice  Elizabeth Warren (see past updates) are on  CNBC this AM. Obviously the financial channel has felt the heat of criticism (Jon Stewart etc) and is now at least letting the other side be heard. Also Simon Johnson & Arianna Huffington are guests this AM.



Index Percentage % Volume
Dow +1.21% up
NASDQ +0.28% up
S&P500 +1.74% up
Russell2000 +2.54% -


Technicals & Fundamentals

Now starting to worry that we are going up too far too fast.  Another significant rally in increased above average volume. NASDQ rally was minor. We are in the middle of a bullish stampede. Enjoy for now, but remember the bulls can get stampeded off a cliff. 

XLF - The ETF that tracks financials (mostly shadow banks ) continued its breakout move +7.96% Usually,you buy the rumor and sell the news.  In this case the announcement of the Stress Test is the news. Expect a correction.

All other Investor 411 positions (except GLD) are outperforming the benchmark S&P 500 by a wide margin. See Positions.

The $64 Trillion dollar question – We have rapidly created an incrediblymassive subsidy system for America’s Shadow Institutions – How do we disconnect from these wealthy welfare recipients.

NB – Dow member GM is dong a reverse 100 to 1 stock split. Because of the way the Dow is computed GM will go from last to first of the 30 Dow stocks. This is going to mess things up. Investors411 will focus on benchmark S&P 500.

Long Term Outlook = NEUTRAL

See Changes in STRATEGY, POSITIONS, & OVERVIEW sections of blog


  • Share/Save/Bookmark