Super Stock Blog

So you now have your lucrative oil platform jobs. That’s great! But don’t rest on your laurels. Remember that all booms are followed by busts. Remember the example of IT and finance in the dot.com boom and bust in the 90’s. Remember the previous oil boom and bust. it will be no different this time round. But don’t panic! according to the top economists and fund managers (like the legendary Jim Rogers who has bet a large chunk of his personal wealth on the current boom in commodities like oil), this oil boom is likely to last until at least 2014.

1) Savings (401k). this means that you have quite a number of years to save up for the future. Set up your 401k (or whatever they choose to call it by the time you read this) and split up your remaining savings between government bonds and mutual funds and you will have an easy and effortless road to a decent retirement package. With the typical salary an oil worker earns, you can even hire a financial planner to give you impartial advice.

2) Further education. If you want something better than your savings account, remember that those of you working on offshore oil rigs have one very great advantage over most other workers. Not only do you have great salary, you have about 6 months of free time every year, typically spaced out in 2-week to 6-week chunks. all this time is yours to do as you will, including continuing your education, setting up your own business or investments for your future. Unlike an office worker, your 2-weeks on 2-weeks off schedule is ideal for short intense certification courses and part-time correspondence diplomas and degrees. this extra education will be useful to help you find new jobs after the oil boom ends.

3) Investments. A more risky way of spending your time and salary would be in investments. While your 401k and simple index funds give you an effortless and autopilot way to save for your retirement, you can get better returns with options trading (different from day trading) and real estate investing. Both options trading and real estate have a steep learning curve, but unlike office workers, you have more free time and an above average salary to play with. In other words, after you learn the theory from available courses, you have more money to experiment with until you learn how to do it right.

4) Business. An alternative plan would be to set up your own part-time business. three main methods come to mind: a normal offline part-time business (perhaps run from your garage), an MLM business, or an internet marketing business (for example selling goods using eBay). If you like interacting with people, an MLM business would be good for you. If you choose to run your own small business from your garage, your local community college should have some helpful small business courses to help you get started. If you choose internet marketing, you will find a wealth of cheap online courses available. Just type in “internet marketing” or “make money online” into Google.

No matter how great your oil platform job is right now, do remember that it will not last forever. Make sure you are prepared for the eventual end of the oil boom. Don’t be caught with your pants down like so many dot.com workers.

Web Washer

Futures Oil

so why do so many people working for and with Obama have ties to Goldman:
ALTMAN, ROGER.
BERKOWITZ, HOWARD P.
BIDEN, JOE.
BRAINARD, LAEL.
BUFFETT, WARREN.
CLINTON, HILLARY.
CRAIG, GREGORY. (revolving door)
DONILON, THOMAS.
DUDLEY, WILLIAM C.
EFFRON, BLAIR W.
ELMENDORF, DOUGLAS.
EMANUEL, RAHM.
FARRELL, DIANA.
FRIEDMAN, STEPHEN.
FROMAN, Michael.
FUDGE, ANNE.
FURMAN, JASON.
GALLOGLY, MARK.
GEITHNER, TIMOTHY.
GENSLER, GARY.
GEPHARDT, RICHARD (aka "DICK") a.
GREENSTONE, MICHAEL (revolving door to Hamilton Project)
HAMILTON PROJECT, THE
HORMATS, ROBERT.
KAGAN, ELENA.
KASHKARI, NEEL.
KORNBLUH, KAREN.
LEW, JACOB (AKA "JACK") J.
LIDDY, EDWARD MICHAEL.
LIPTON, DAVID a.
MINDICH, ERIC
MURPHY, PHILLIP.
NIEDERAUER, DUNCAN.
OBAMA, BARACK H.
ORSZAG, PETER.
PATTERSON, MARK.
PERRY, RICHARD.
RATTNER, STEVE.
REISCHAUER, ROBERT D.
RIVLIN, ALICE.
RUBIN, JAMES.
RUBIN, ROBERT.
SHAFRAN, STEVEN.
SPERLING, GENE.
STORCH, ADAM.
SUMMERS, LARRY.
THAIN, JOHN.
TYSON, LAURA D’ANDREA.

Gee what a coincidence.

Democrats are in denial about being owned.

goldman sacks belongs to the elitest of the world-BANKS

How many people on the east coast, who know their way around a financial market, DON'T have "ties" to Goldman Sacs?

well ,that is why we are doomed, both parties are highly corrupt

Yep. Tis true. And that is why they got all that bail out money at taxpayer expense.

It should be obvious by now that the entire Democrat regime is just a sham designed to enrich and empower themselves and pursue their own personal ambitions, at the expense of completely wrecking the economy that they pledged to "rescue" from the past administrations.

The government considers the average citizen to be a total joke who is not worthy of the slightest modicum of respect.

If we don't wake up soon, we will be going down like Rome, the USSR, and Greece.

Yea, it is funny how the finance committee ( of which Chris Dodd and Barney Frank had oversight) lowered the stands for housing loans so that people who can't afford to pay it back could get loans but then turn around and blame the banks. And if the banks didn't make the loans available then they would blame the banks for not making the high risk loans available to the less fortunate. Darned if you do, darned if you don't. Politics is so demented.

you think that democrats are standing up to big corporations??? They are helping them. You know why?

when they pass all their onerous regulations, Goldman Sachs and Bear Stearn's can pay for them, buy Jim's bar and Joe's dry cleaning can't.

However, Goldman and the big banks did play somewhat of a role in the Panic of 2008 as far as derivatives and such, but the real reason the economy really went down was subprime mortgages and Fannie Mae and Freddie Mac and all their ridiculous borderline illegal activities

According to many democrats, Goldman Sux helped cause the financial meltdown?

* Wall St stock index futures pointed to a lower start on Friday as investors stayed cautious ahead of U.S. GDP data, with S&P 500 <SPc1>, Dow Jones <DJc1> and Nasdaq <NDc1> futures down 0.3 to 0.4 percent at 0911 GMT.

* The main focus on Friday is U.S. GDP figures at 1230 GMT. U.S. economic growth likely slowed in the second quarter as a capital investment drive by businesses was sated by imports and consumer spending tapered off, a government report is expected to show. [ID:nN29111411]

* Investors will also watch the final reading of the Reuters/University of Michigan consumer sentiment index for July, Chicago PMI for July, and the new York ISM survey for July.

* Company earnings in focus include oil company Chevron <CVX.N>, insurance brokerage Aon Corp. <AON.N>, and drugmaker Merck & Co. <MRK.N>.

* MetLife inc <MET.N>, the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion late Thursday, helped by higher premium revenue from sales domestically and abroad. [ID:nN29107097]

New York's attorney general has subpoenaed MetLife inc <MET.N> and Prudential Financial inc <PRU.N> as part of a probe into whether life insurers are defrauding families of deceased military personnel by siphoning off millions of dollars of death benefits for themselves. [ID:nN29273772]

* Amgen inc <AMGN.O> reported better-than-expected second-quarter profit late on Thursday and the world's largest biotechnology company said the launch of its new osteoporosis drug Prolia was progressing as planned. [ID:nN29110065]

* Google inc <GOOG.O> said its earlier report that Internet search services in China were being fully blocked could have been the result of a technical glitch that overstated the problem. [ID:nN2989630]

* Li Lu, a Chinese-American investor and hedge fund manager, could be in line to take a top investment role at Warren Buffett's Berkshire Hathaway <BRKa.N> <BRKb.N> and even succeed the legendary U.S. investor, the Wall Street Journal reported on Thursday.

* The U.S. Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud late Thursday for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors. [ID:nN29117833]

* European shares slipped for a third straight session on Friday, with construction shares among top losers, as concerns over U.S. economic growth and downbeat comments from a Federal Reserve official hurt market sentiment.

* Japan's Nikkei <.N225> closed down 1.6 percent as signs that the U.S. recovery was faltering outweighed upbeat domestic earnings.

* U.S. stocks sagged in volatile trading on Thursday after weak outlooks from technology companies and downbeat comments from a Federal Reserve official gave investors little reason to buy.

The Dow Jones industrial average <.DJI> dropped 0.3 percent, the Standard & Poor's 500 Index <.SPX> fell 0.4 percent and the Nasdaq Composite Index <.IXIC> dropped 0.6 percent.

U.S. stock futures slip ahead of U.S. GDP data

 Look at the 6 month chart below of the PowerShares DB Commodity Index Tracking (DBC). it looks like a roller-coaster at six Flags and shows lots of volatility with some pronounced pull-backs. I've included the 100-day moving average

On commodities generally, there was a good interview with Jim Rogers in a July edition of The Globe and Mail  in Canada.Rogers called the great commodity bull market and he is himself a rich man thanks to his investing prowess.As a result, people seek out his opinion on commodities. even though commodities of all kinds have taken a hit in this crisis, the longer-term dynamics still look strong. As Rogers put it: “Did the stock market bull market in end in 1987, when stocks fell around the world fell 40-80%?” No, it didn’t.  The point Rogers makes is that even in the course of longer-term bull markets, there can be stiff corrections. even now, though, the fundamentals for owning commodities — and the stocks that benefit from rising commodity prices — are still intact. As a result, they look very appealing in this uncertain market.  As Rogers says: “I’d rather own commodities than just about anything I can think of… Commodities have a long way to go; the fundamentals have only gotten better in the last year. The best place to have your money is in commodities… most of them are going to make new all-time highs.” I tend to agree. We’re in good position to benefit from the unfolding commodity bull market. Precious metals and energy will lead the way in the next couple of years as well as some of the base metals and perhaps uranium. Jim Rogers, who lives most of the time in Singapore, really knows how to "think outside the box" when it comes to investing. Describing his favorite type of investment,Rogers is renowned for saying in the traders' bible, Market Wizards… "I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up."  his point was clear… if you wait for a low-risk,over-looked lucrative trading opportunity you're more likely to make an exceptional profit and reduce your risk.   "The government is printing lots of money and borrowing even more; that's not the basis for a sound currency," he told Bloomberg in a telephone interview this summer. "The idea that anybody would lend money to the U.S. government for 30 years at three or four or five or six percent interest is mind-boggling to me."Rogers said he's unloading dollars, and he plans to "short U.S. government bonds someday."And it wouldn't surprise me if he starts shorting the U.S. stock market indices when they really get bloated (perhaps after another 10 to 20% rise from here). 

Dorothy Kosich on Monday filed a report through Mineweb.com that reminds us of the Swiiss perspective on commodities, and that seems to be one of their strong suits. she wrote:

"In recently published research, Credit Suisse metals and mining analysts say they are "selectively bullish" on certain commodities-such as copper, zinc, carbon steel, platinum and nickel-and remain "long-term bullish" on commodity demand driven by demographics and global infrastructure spend.

"Credit Suisse's analysis suggests we are currently in a growth period for long-term commodity demand driven by the ongoing industrialization of China and emerging markets; global demographic shifts that will drive commodity-intensive demand for infrastructure; and by a wealth-transfer effect which requires infrastructure that is the "single greatest driver of long-term commodity demand."

"Research analysts Michael Sillaker, Elly Ong, Alessandro Abate, and Hannah Kirby wrote, "We believe global industrialization will continue and, as such, ongoing demand for commodities should remain strong. against this backdrop, we believe there is substantial long-term upside potential for steel, metals and mining stocks."

"In their analysis, the analysts determined China's apparent metals consumptions appears "way ahead of real demand growth rates." they believe "China is arbitraging the West on commodity prices. it is acting as an effective ‘vacuum cleaner' for commodity demand in an ex-China recession, which would not have been material ten years ago."

"China appears in effect to be frontloading its own industrial recovery and stimulus by buying commodities as a cheap asset class. This compares with the Western world, which tends to buy most when demand is at its peak and prices are high. This is a well thought-out strategy from China but we should caution that apparent demand growth rates are well above where we see real demand growth right now and, as such, demand from China is unsustainably high in our view."

"Credit Suisse's analysis suggests the country is currently consuming the amount of copper it should be consuming in 2011/2012. "there is a risk of a pull back, especially if prices start to rise, and any rapid pullback is unlikely to be matched by ex [external] China demand growth."

"Meanwhile, the analysts forecast "a substantial tightening in the ex China supply-demand balance for all commodities (although some more than others)."

"We continue to like the long-term story for metal demand," the analysts said. "Like the 1950s and ‘60s post-war restructuring phase (when metal demand grew in the 6-8% range), we are now in what we believe is a long-term industrialization phase. …Therefore, after the cyclical recovery, we forecast, metals demand should structurally remain at relatively strong trend levels in the next 10-15 years."

Credit Suisse advises the strongest commodities for its long-term view of the global metals and mining sector are:

•1)       Copper-potentially 21mt of demand by 2012 will not likely be met by new mine capacity. even under a significant long-term slowdown in China, "we would get to 25mt of copper demand by 2016-which means new mines are necessary. when new mines are necessary the pricing dynamics should move from cost plus pricing to long-term pricing that satisfies the IRR of newbuild."

•2)       Zinc-"although zinc is not favoured by many investors, we believe they often forget how late-cycle this metal is (within the 20-30-year cycle). …mine depletions from 2012E could be significant, although Chinese production capability is potentially large in our view. …We believe China's mined output is in general small scale and ‘inefficient' and hence high cost, which is unlikely to be cost effective in a demand boom. We expect a sharp price increase in zinc in 2011/12, which will be required if CEOs are to be encouraged into building new projects."

 •3)       Iron ore-"we are positive structurally on volume, as low-cost high-quality ore continues to take market share from high-cost production, notably in China and India, as the steel market continues to grow at 4-5% in the long term. nonetheless, given spare capacity (largely higher cost), new volumes from the seaborne majors will, we believe, come at the expense of price in the long term."

 •4)       Coal-thermal coal looks set for the long term. Metallurgical coal is structurally tight in supply, but geared to external Chinese demand; "so it may take time to return to 2008 levels."

 •5)       Platinum-"limited new capacity, ongoing supply problems, and increasing global care and jewellery market, with cleaner cars suggesting a long-term switch to diesel. Fuel cell demand remains a positive long-term possibility."

 "if investors, like us, favour the above commodities, then Rio, Anglo or Xstrata are probably the equities to own," the analysts advised.

‘BHP possibly has the best commodity mix and the strongest growth profile of the stocks in our universe. The problem we have with the stock is that the market appears fully aware of this and the stock therefore appears to have priced this in," they said. "We do think, however, that BHP is a relatively strong defensive play in the cyclical universe for more cautious investors wanting cyclical exposure."

So whether you are an analyst at Credit Suisse or Jim Rogers, the long-term outlook for commodity prices looks very positive. Don't forget the chart above though. This sector is very volatile and investors should expect some gut-wrenching corrections along the way.

These will usually be wonderful buying opportunties and times when we can accumulate or add to our holdings. The same can be said for the precious metals reflected in such ETFs and Closed-End Funds like GLD, SLV,SIVR,IAU,CEF and ASA.

For those who want to be patient, let's remember Jim Rogers' words,"I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up."

Disclosure: I do own some GLD, SLV, and CEF at the current time. On the next correction in silver prices I intend to buy some SIVR and the next meaningful dip in commodities and the metals in general I intend to buy ASA and BHP.

Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it. please remember investments can fall as well as rise. And they will! – Advanced Investor Technologies LLC accepts no responsibility for any loss or damage resulting directly or indirectly from the use of this content.

checkthemarkets.com – Jim Rogers and a Swiss View on Commodities

Millions of people have invested money in stock and bond mutual funds over the past few years. Now money is flowing into commodity mutual funds. New funds are constantly being released. Why is this? there are several big trends that people say will drive a boom in the commodities market in the years to come. any investor interested in improving their returns should understand what is involved and serious look into investing in the sector.

For one, remember that famous investors such as George Soros and Jim Rogers have made their fortunes in commodities. This is because the markets are very volatile, and with volatility comes opportunity. And despite the markets being gigantic, there are relatively few players involved meaning there is more chance for pricing discrepancies.

So what are the big trends that are predicted to drive a long bull market in commodities? the developing world. the world has already seen the price of agricultural goods and commodities such as iron ore skyrocket because of China’s growth. but this story has only begun. China is still relatively undeveloped. And there are many countries that are growing very quickly – India’s population is expected to exceed China’s in a few decades. India is growing slower, but this unprecedented growth is expected to greatly increase the demand for basic commodities. the emerging use of ethanol as an energy source will also increase the demand for agricultural goods.

The investment fundamentals are clear: commodities are headed for a big demand. An excellent way to profit off of this are mutual funds.

Why Many People Predict a Boom in Commodities

I'd like you to make predictions.
1 former TS Lawrence W Summers
2.Timothy Geithner, president of NY Federal Reserve
3. former TS Robert Rubin
4. former Fed. Chairman Paul Volcker
5. Warren Buffett
6. George Soros
7. any other you might wan to predict.

Lawrence Summers said that women were genetically ill equipped to do math and science. I seriously doubt Obama will pick him. if he really wants to solve the economic problem he will choose Paul Krugman http://topics.nytimes.com/top/opinion/ed… Krugman just won the Nobel prize in economics and writes a lot about what people should do in a technological or post technological world. I studied him as a college student, he made predictions and all of the predictions have come true.

If Obama wants solid experience as opposed to theory he will choose Sheila Bair. She has been undersecretary of the FED and head of the FDIC. She has managed her money well and does not advocate buying junk when she has to exchange money for stocks she gets the prime stock. http://en.wikipedia.org/wiki/Sheila_C._B…

Who he chooses depends on the goals he wants to put forth.

Bill Gates or Donald Trump. they know more about money than anybody, oh maybe Warren Buffet.

Donald Trump would have a lot of fun "Firing" all the people in his department, then try the rest of the Cabinet and even President Obama. bill Gates could get a better computer system for the White House and Treasury Departments.

I HOPE it's not Warren Buffett.

I have no predictions because I don't like our president-elect! I didn't choose him! I think any choices he makes will be only to benefit the democrat machine!

CJ LOL… that's funny. I really thought he'd choose him for Secretary of Defense or Director of Homeland Security!!

Summers and Geithner are neck and neck on INTRADE.

http://www.intrade.com/jsp/intrade/commo…

http://www.intrade.com/jsp/intrade/commo…

I have no idea, and for some reason, right at the moment I don't give a rat's rear end, but it wouldn't surprise me if he appointed a wolf in charge of shepherding a flock of sheep.

Volcker and Buffet are too old. Soros is too controversial. Rubin and Summers will not bring the necessary element of "change" and new thinking. so, I'd bet on Geithner.

Summers is probably the front runner. Geithner the runner up. I don't any of the others want it long term.

Bill Ayers?

Beth: I was just thinking of how they distributed millions of dollars together while serving on the board in Chicago.

i perosonally feel and think that he should choose opra winfrey because they are good friends and she is to be trusted and plus she helped him out a lot

Louis Farrakan, unless Farrakan wants the newly created cabinet position of rounding up the jews.

Barney Frank

(the guy who f****ed up the economy)

He should chose Dave Ramsey.

That man is a financial genius. he would set the finances straight in this country.

Johnny Depp will look after the treasure.

the guy who just won the nobel prize in economics – Paul Krugman

#5

~M~

Famous Amos, he has the best cookies.

LOLOL- (laugh so hard out loud) that is hilarious…. Dave Ramsey.

I'm taking his class right now, it's awesome

he will make the best selection!!

Who will Obama most likely choose as Secretary of the Treasury?

Hillary Clinton, the current Secretary of State, commented at a recent speech she was giving that it was not good that some Americans make so much money. It seemed strange and out of place why she was discussing how much money Americans make relative to her capacity as Secretary of State. one would have thought, and hoped, that she would be focused on a few other things including:

- an impending war between North and South Korea. – A naval confrontation outside of the Gaza Strip between Israeli naval vessels and an alleged aid convoy. – Iran and its nuclear ambitions. – the potential Russian sale of state-of-the-art anti-aircraft technology to Iran. – the whole Israeli-Palestinian age old question of co-existence. – China and the whole set of associated issues including trade, human rights, Tibet, Taiwan, etc. – Japan and the continuing issue of stationing U.S. armed forces personnel on Okinawa which has already cost one Japanese leader his job. – Mexico and the continuing illegal immigration problem. – Continuing wars in Afghanistan and Iraq. – the destabilization of Pakistan.

Looks like she has a pretty full plate and maybe should focus on her real job and leave American earnings alone. Plus, it is pretty easy to show that very rich Americans are also very charitable Americans, as a few of the following examples illustrate:

- Actress Sandra Bullock has contributed one million dollars apiece to the Red Cross for 9-11 needs, tsunami rescue efforts, and Haiti’s earthquake survivors. she has also donated many thousands of dollars to a Hurricane Katrina ravaged High School in new Orleans. – Angelina Jolie and Brad Pitt have donated millions and millions of dollars to numerous charities, with just their 2006 total charitable donations exceeding $8 million. they have also donated $1 million to Doctors Without Borders and $1 million to Global Action for Children. they have also have been involved in rebuilding new Orleans and Ms. Jolie has served on any number of United Nations charity efforts. – Tiger Woods and his father, started the Tiger Woods Foundation several years ago to support youth education and youth activities. Regardless of what one may think of mr. Woods private life, after the recent press reports, his foundation has been successful in supporting the youth of America – In June, 2006, famous investor Warren Buffet donated 85% of his wealth, at that time estimated to be about $37 billion to a handful of charities including the bill and Melinda Gates Foundation. – Speaking of the Gates Foundation, it has been involved in numerous causes around the world including vaccines and immunizations, HIV research, infectious and tropical disease research, micro financing in poor countries, anti-poverty programs, green agriculture in Africa, national disaster relief, United States libraries, and education.

Thus, just this short list above proves many, many rich American citizens have made more positive differences in more people’s lives than they ever could have done if they followed Clinton’s tenet that some Americans “make too much money.” you could probably make a case that their “excessive” wealth has generated more positive results for humanity more efficiently and more effectively than any political class operated government program.

Let’s take a look at another example of why hating the rich is idiotic. This example will compare and contrast Detroit, the largest city in Michigan, and Grand Rapids, the second largest city in Michigan. As background, consider the following data from the Federal government:

- Detroit had a population of 1,849.568 people in 1950 which has decreased by more than half to 912,062 in 2008. – Grand Rapids had a population of 176,515 in 1950 which has increased by about 10% to 193,396 in 2008. – Detroit had the third highest unemployment rate among all Michigan metropolitan areas, according to recent Bureau Of Labor Statistics reports and was very close to having the highest unemployment rate. – Grand Rapids had the third lowest unemployment rate among Michigan metropolitan areas. – the primary industry in Detroit has historically been the auto industry which has been decimated by any number of factors. – the primary industry in Grand Rapids has historically been the furniture industry which has been decimated by any number of factors.

Same state, same decimating of the dominant local industry but two radically different profiles from a population and unemployment perspective. Why the differences? Consider a recent review of the Grand Rapids story in the May 24, 2010 issue of Fortune magazine by Alex Taylor III (note: this issue puts the decline in Detroit’s population even steeper, asserting that Detroit’s population in 2010 is only 800,000):

- Grand Rapids is the home of a large vibrant university, Grand Valley State University, that is growing. – Grand Rapids has a newly redeveloped entertainment center with a new convention center and sports arena. – Grand Rapids has a vital downtown with many operating business and government office buildings. – Grand Rapids has a modern $1 billion medical center with a cancer research center, specialized treatment facilities, and a medical school. – A group of local private citizens, not government bureaucrats, got together in the early 1990s and put together a development plan, Grand Action. Grand Action has resulted in the above accomplishments, better economic statistics that would be expected of a Rust Belt city that lost is primary industry, and a better life for its citizens.

How was this plan possible:

- Jay Van Andel of Amway fame put together a set of private, non-government donors who raised $21 million for Grand Action. – A major gift from Richard DeVos of Amway led a $33 million effort to raise money for the convention center. – Devos and Van Andel sponsored the building of a new Marriott hotel downtown, according to the article. – Fred Meijer, a major local supermarket player, helped finance a $10 million renovation of the city’s Civic Theater. Meijer also donated money to help create a 132 acre garden and sculpture park. – Peter Wege of Steelcase gave $20 million to help fund a Grand Rapids art museum. – Devos, Meijer, and other business people raised money and donated land so that the university could expand to other locations around the city. – Van Adel also helped fund a new hospital institute for biomedical research.

What have all of these rich people and their plan accomplished, even though their personal wealth generation upsets and disgusts members of the political class? according to the article, Grand Rapids now has “a more stable economy, one that can better withstand the ups and downs of economic trends. Now manufacturing ranks as the region’s second leading employer, replaced at No. 1 by those sectors poised for the demographics of the early 21st century: education and health services.” Sounds like a pretty good deal which was accomplished with minimal government “help”, i.e. interference, waste, and incompetence.

And Detroit? according to the article, “for years, [Detroit] city leaders failed to deliver a long term vision of an economic future that could alleviate the impact of a declining auto industry.” maybe they should find some of those “bad” rich people that Hillary so despises, they seem to have done quite well in Grand Rapids with minimal government help, improving the life of people in that city.

While this is certainly and uplifting story about Grand Rapids, there are two scary things to come out of the article and observations of people like Obama and Clinton. first, these politicians still do not get it, with “it” being that grandiose government programs never work, they just continue to eat up large chunks of taxpayer money but have nothing positive to show in return. the decline of cities like Detroit proves that historically, typical politicians from the two major parties are not capable of fixing anything while the success of Grand Rapids’ way of life and living environment was possible by rich local citizens. Second, it took Grand Rapids almost twenty years to get to this spot, despite having a good plan that was implemented well. How long will it take, if ever, for Detroit to rebound since they do not have a plan yet and their politicians have not shown any ability (yet) to implement anything well. Scary on both counts.

So Hillary, please check on that little Korean problem and work on that, allow Americans to still live in the land of opportunity. We will all be better off. Just ask the people of Grand Rapids and the other citizens of the world who have been benefited from both the rich and the generous.

Why it is Ludicrous to Hate the Rich

Investing in cheap stocks isn’t just looking for the lowest priced stock out there to invest in. It’s about finding a stock that is cheap compared to its value. It this type of investing that has made Warren Buffet a billionaire. Mere mortals like us can also invest in cheap stocks like that too.

Cheap stocks is a relative term. yes something priced at $1 per share can be cheap, but is it good value?even at $1 a stock can be overvalued and hence not be cheap.

What you are looking for is value. As you witness the stock market meltdown in 2008-2009, you saw plenty of stocks get cheaper. AIG went form a high of over $60 to under $2 a share. When is went from $60 to $30, its was cheap comparatively, but did it represent good value? obviously the answer is no.

So what should you look for in cheap stock trading? This is where you will have to do some research. You could simply try out or subscribe to newsletter that will comb over stock reports looking for undervalued cheap stocks. Value Line has been publishing a table with stock trading below their assets value. This is known as value investing made popular by Benjamin Graham and Warrant Buffet. This type of investing looks for companies that sell for below their breakup value. by investing like this, you have a degree of safety in your investment. As Warren Buffet as said, there are 2 rules to investing, rule 1, don’t lose money. Rule 2, if you lose money, see rule 1.

That is one way to invest in cheap stocks. another way is to look for mutual funds that invest in undervalued or cheap stocks. This allows you to spread your investment dollars into several stocks that the mutual fund regards as cheap. by using a mutual fund, you are having professional money manager’s research and invest for you. Some funds you might want to look into are TRowePrice, Fidelity and USAA Mutual Funds.

You could also do your own research. You can look for cheap stocks that haven’t been discovered by Wall Street yet. Doing your own stock picking can be very rewarding. Some treat it like a puzzle, sifting through information looking for a buried gem of a stock.

So begin your search for the right cheap stock. Check out some newsletters, look at some of the mutual fund families and see which is the right way for you to go. Then find the best cheap stock and increase your investment returns.

Looking For Cheap Stocks

NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) today announced that the Wall Street Reporter has interviewed NewMarket’s CEO Bruce Noller. the interview includes a review of the Company’s record first quarter 2010 results, including an approximate 33% year-over-year increase for the quarter, recent VAR500 ranking and the Company’s process for entering and growing business in emerging markets globally. the interview also covers NewMarket’s recent participation in the Microsoft World Partner Conference and ‘Speculative Buy’ rating with a price target of $0.27 per share.

NewMarket recently reported its highest revenue level ever for a first fiscal quarter with $25 million in profitable revenue and reported over $98 million in profitable revenue for 2009. Historically, the first quarter is NewMarket’s slowest seasonal period. Sales typically increase each subsequent quarter throughout the fiscal year.

NewMarket provides systems integration services primarily within emerging markets, to include technology reseller, customization, integration, outsourcing and support services, in China, Southeast Asia, Latin America and North America. Additionally, NewMarket is currently expanding its business services into the growing markets of East Africa.

The interview is available at www.wallstreetreporter.com, or directly via this link: http://www.wallstreetreporter.com/2010/07/newmarket-technologies-otc-nwmt-ceo-interview/

CEO Webcast TomorrowCEO Bruce Noller is scheduled to conduct a Webcast presentation tomorrow, July 27th, to review the Company’s year-to-date progress toward achieving its $150 million revenue forecast. the presentation is scheduled to be posted to the corporate website www.newmarkettechnology.com upon release.

PER Independent Analyst Research Report Update

Prime Equity Research (PER) recently issued an update to its one-year research coverage on the Company, giving NewMarket a ‘Speculative Buy’ Rating with a price target at $0.27 per share. the report reviews the Company’s 2009 and first quarter 2010 results and provides an update on the Company’s Greenfield Program, Project 510 as well as its expansion plans into the emerging markets of India and Southeast Asia, in particular Vietnam.

The independent analyst with Prime Equity Research is a CFA® (Chartered Financial Analyst®) charterholder. the analyst has previously conducted research for a number of Western European and North American financial institutions, including Janney Montgomery Scott. NewMarket engaged the analyst and paid for the services prior to any recommendation rating or price target to ensure objective research.

To review a copy of the initial report or the update, please visit the NewMarket corporate website under Investor Relations at www.newmarkettechnology.com or the Prime Equity Research website at www.primeequityresearch.com.

Sign up to Receive Regular NewMarket UpdatesNewMarket sends regular Company updates to its opt-in, permission-based email database. Interested investors can easily, safely and quickly register to receive these communications directly on the corporate website homepage at www.newmarkettechnology.com. Recipients can manage their own email contact profile and safely unsubscribe at any time.

About NewMarket Technology, Inc. (www.newmarkettechnology.com)NewMarket provides systems integration, technology infrastructure services and emerging technology worldwide. NewMarket has a focus on providing technology and support services to rapidly growing economies where technology purchasing is on the rise. In addition to its base of operations in North America, NewMarket has operations today in the growing economies of China, Southeast Asia, Brazil and Northern Latin America. Overall, NewMarket reported over $95 million in revenue for 2008 and reported over $98 million in profitable revenue for 2009.

Across the globe, NewMarket is a Microsoft and Oracle partner, distributes various computer hardware and peripherals from brand partners such as Dell, HP, IBM, Cisco, Sony, Epson, Canon and Sanyo and is also an authorized reseller of operating systems and various software from companies such as Red Hat, Sybase, IBM, BEA, Veritas and others. Additionally, the Company works with emerging technologies such as mobile computing, various security and wireless broadband technologies. NewMarket’s rapid growth since 2002 placed the Company on the Deloitte Technology fast 500 for 5 consecutive years. NewMarket was recognized as the third fastest growing technology company in the United States in 2006 and the number one fastest growing technology company in North Texas for two years in a row.

“SAFE HARBOR STATEMENT” UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995This press release contains forward-looking statements that involve risks and uncertainties. the statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket’s actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. you should independently investigate and fully understand all risks before making investment decisions.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact:NewMarket Technology, Inc.Investor Relationsir@newmarkettechnology.com214-722-3065

• Zacks Analyst Blog Highlights: Hewlett-Packard, Dell, Apple, International Business Machines and Microsoft
• Technopark completes 20 years of existence
• Microsoft Licenses ARM Architecture
• Deep packet inspection at root of Red Lambda security
• Bangalore INDIA BIO 2010

Wall Street Reporter Interview With NewMarket Technology CEO Featuring Record Q1 Results and Emerging Market Strategy Available Online

By scorpionPublished: October 16, 2009

Peter Lynch is the mind behind the well known companies Fidelity Investments Inc and Fidelity Management & Research Company. both firms are well known across the world and even after his retirement from the investing industry Lynch is making waves with his philanthropic efforts. Lynch believed that