Overvalued Stocks: Don’t Touch These Bloated Investments With a 10-Foot Pole

by Marc Lichtenfeld, Healthcare Expert Wednesday, November 18, 2009: Issue #1140

To celebrate my parents’ anniversary, I took the family to see Grease last weekend. As musical theater buffs, I figured that they’d love the seeing the show, especially with my kids who had never seen a Broadway quality production.

Unfortunately, they still haven’t. The show stunk. The “actor” who played Danny Zuko couldn’t act. And American Idol winner Taylor Hicks was so bad as Teen Angel, it was laughable. It was one of the worst productions I’ve ever seen – and I should know, as I’ve been in some pretty awful shows (if you saw Last Exit to Brooklyn in San Francisco in 1995, I apologize).

But the purpose of this column is not a theater review, but

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Today’s guest blogger is “Forex” Joe Atkins the Chief Strategist of OU Forex Trading. He blogged last week about preparing for 2010 and today he dives into what he, and most experts, consider the greatest trading tool of all: Your Mind!

Joe’s latest project “OU Forex Mastery” is now live and there are a number of excellent videos there for you to check out. So enjoy the article, comment below, and learn from his videos.

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I’m a student like everyone else here on the Trader’s Blog. Some students are more advanced or experienced, while other students are not. I’m committed to helping emerging and developing students reach their full potential by providing an educational portal of substance focusing on trading methodology that works.

Besides becoming proficient with any trading methodology, one absolute remains: you must develop above average

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Jason Bush in Forbes suggests that Russia's recovery may be buoyant: 'while the Russian government is still cautiously forecasting 2 percent GDP growth in 2010, many independent economists are already predicting growth of as much as 5 percent next year'.  Oleg Deripaska's heavily-indebted RusAl has made a deal to sell 1.68 million tons of aluminum to Chinese state corporation Norinco over seven years.  Renault COO Patrick Pelata has told the press that whilst the French car giant will support bankruptcy-skirting Avtovaz, the company will not supply the cash booster shot that the Russians allegedly want.  Corporate loan portfolios and overdue corporate loans fell slightly in September, as the ruble gained in value.  The Russian Gold Industrialists Union has announced that gold production rose 14.6% in the first nine months of 2009, year-on-year, an increase they attributed to a number ...

When it comes to healthcare reform, people believe some very strange things. Or so says Cliff Asness, founder of AQR Capital Management. Today, the seven biggest “myths” are exposed…

My little brother and his fiancée dropped into Reno/Tahoe for the weekend. They were wending their way west to go apartment hunting in San Francisco, visiting friends and family along the way.

On Saturday we took a two-hour catamaran cruise up at the lake. It was as perfect a day as I’d ever seen it. The water was so clear and blue, you could see 30 feet down through the netting of the boat. The sky was just as blue – not a cloud to be seen – and the day was just hot enough to be perfected by a crisp Tahoe breeze.

At one point in the cruise we sailed past the “Ellison project”

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This is the age where politicians get their chance to run up huge debts.  “Politics is about what works,” said Hillary Clinton. At least, we think it was Hillary Clinton. Someone said it. Someone who is an imbecile.

Politics is not about what works, it’s about what you can get away with. And what you can get away with is often exactly what doesn’t work at all.

Our beat is money, here at the Daily Reckoning. We specialize in fraud and folderol. We leave the homicide beat to someone else.

What the US is getting away with, from a financial point of view, in addition to counterfeiting, is very grand larceny on a Super-Madoff scale. It is borrowing trillions of dollars even though it has no way to honestly pay back the money.

Still, so eager are the lenders to part with their money that the yield on the 10-year T-note fell

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