Friday, January 22, 2010

Follow the Leader???

My motto was always to keep swinging. Whether I was in a slump or feeling badly or having trouble off the field, the only thing to do was keep swinging. – Hank Aaron

Leaders aren't born, they are made. And they are made just like anything else, through hard work. And that's the price we'll have to pay to achieve that goal, or any goal. - Vincent Lombardi

The market has dropped 4% over the last week, driving equities into the red for the year. In what seems like a repeat of events not so long ago, financials have led the way down. While news of five banks failing already this year has not spread into the mainstream, it is an indication of the current state of the industry. The President has recently gone on the offensive, but not every bank or financial institution has profited from the bailout the way companies like Goldman Sachs has. Can another sector lead the market out of this? Do the techs have the stamina? Will health care benefit from the deadlock in Washington? Only time will tell.

Or…maybe we can get out answers from the Safe Money Report by Martin D. Weiss. The latest release covers the “Six Key Forecasts that Will Shape 2010.” According to Weiss, if you thought the recent past was a bit volatile, “you ain’t seen nothin’ yet!” This 15 page report is a must read. We don’t want to give anything away, but these forecasts cover such territory as the Fed, Gold, the Government, Treasuries and the global markets.

The Investor Advisory Service has been “guiding investors to success since 1973.” It was named to the 2010 Investment Newsletter Honor Roll by the Hulbert Financial Digest. This is a major accomplishment because of all of the newsletters out there, only nine made this list. Congratulations to Douglas Gerlach and his team. This current release gives you in depth analysis, several “stock studies” as well as the buy/sell list.

Tonight was the multi-network fund raiser for Haiti relief. While the market has taken a dive, if you are reading this, your life is in far better shape than those that have lived through two enormous earthquakes over the span of a week. Sometimes we must all look at the larger picture and not just our portfolio values.

For more information, please go to http://www.zepinvest.com.

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