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The markets are continuing to find it easier to fall than to climb. The biggest problem is Americans not being able to work and a preliminary guesstimate for the jobless numbers due out Friday has more Americans out of work and the private sector still not hiring anywhere near the required number of new jobs needed to even begin to lower the unemployment rate. If the U.S, economy is still in a recovery, it is much weaker than previously hoped for and, at this point, appears to be softening quickly. Some of it can be blamed on the slower summer months and some can be blamed on the earnings reporting season behind us, but the real blame is going to on a consumer that is worried and confused and is trying to save money instead of spend it. This is great for the longer term U.S, economy, but not too great for the near term since consumer spending is responsible for 2/3 of the gross national product (GDP) which we heard last week it has slowed to about a 1.6% growth in this last quarter. Lower ground still looks possible and the better bets are going to be in the smaller caps.  Continue to use caution and stay with the small stocks for the better bet! more


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"Spotlight Featured Stocks"

Mineral Hill Industries

Mineral Hill Industries Ltd.
(
MHI.V)
(52 week range 0.003 - 0.20)


Jet Gold Corp

Jet Gold Corp.
(
JAU.V)
(52 week range 0.05 - 0.16)



"Watch Close"


Advanced Midro Devices

Advanced Micro Devices

(
AMD)
(52 week range 1.75 - 7.33)

Can't stop climbing

BUY anything under $5.50

QUOTE
 

"Spotlight Stock"

 

Comtech Communications
Comtech Telecommunications
(
CMTL)
(52 week range 19.56 - 50.55)

BUY anything under $35

QUOTE

as a current "
Closer Look"
 for the "long term"!

 
  

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