Tuesday, January 20, 2009

Daily Stock Picks: RYAAY, SXE, NVTL, MCCC, APOL [No Leadership]

Today saw the leader of the free world, now Barack Obama, give a speech that sounded like he was more on a campaign stump than being ushered into office. He did what he did throughout the entire election, he stood up and allowed you to project onto him what you wished to see. Some people are saying he failed only because the expectations for the speech were so high, but that is not the reason why he failed. He failed simply because he failed to show leadership, something that this country will need in the coming months and years. Don't believe me? Then I implore you to watch the speech again, but this time don't project your hopes or fears onto him; just sit back and allow his words to wash over you. Doing that and you'll begin to understand the true disappointment with the speech, there just wasn't anything there.

RankPrevious RankSymbolMLT+SwingDays in Top 5
#1(#1 --)RYAAY1.025
#2(#2 --)SXE0.905
#3(#3 --)NVTL0.885
#4(#4 --)MCCC0.773
#5(#5 --)APOL0.765


The financial sector got crushed today and lead all the markets down with it. The bears are once again pushing on the string trying to bring the entire financial sector to its knees and it is working. However the entire market sent a strong signal to Obama today, and that was answers are needed quickly. Today Obama had a chance to stand up before America today and be the leader this great country needs. Instead he stood up and continued to try an be the screen he was on the campaign trail and allowed you to project onto him what you wanted. Obama is our president now and he deserves the support of every American right now, but he is going to have to be a leader. I hope for this country's sake that he can become one.

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