Weekly Volumes

"Our new featured company lays claim to a protein used in cancer vaccines and appears to be the only one with a renewable, reliable source to create that protein."

- Pinnacle Digest

Dear member,

It's been a long summer with gains hard to come by as the US markets are trying to shake off the worst August since 2001. August arose fears of a double dip recession as economic news continued to disappoint and unemployment remained above 9.5%.

With September only a few days old, news and sentiment has already shifted gears to a more positive front. Improving macroeconomic statistics have surfaced and better than expected domestic job numbers released Friday sent global markets higher. The jobs report could be a sign of things to come and definitely bolstered Fed Chairman Ben Bernanke's view that the market conditions are in place for continued growth in 2011.

Bernanke has been far from accurate in his predictions at times, but there is always a light at the end of the tunnel and the chance of a double dip recession is still unlikely. Obama knows if he doesn't get Americans back to work his Presidency will always be regarded as a failure and short-lived. With mid-term elections only a few months away, we could see sustained stability and even a continued mini-rally in the markets. We are anticipating that continued strong initiatives will eventually work and a very slow, modest recovery will continue.

One thing we track closely and take very seriously are the overall volume levels, which have been light as investors continue to turn their backs on the market. Do not buy into this negative sentiment.  Be it this year or the next, the markets will continue to grow and show gains; always remember that a portion of one's assets should remain in equities. There are trillions of dollars on the sidelines that will come into the market sooner or later and when they do, it is imperative you have some skin in the game.

Is there long-term risk? Absolutely.

We are extremely wary of US debt levels and know that at some point taxes will increase significantly. Whatever market roads lie ahead of us, there will always be stocks that perform well and we intend on finding them, just as we have over the past few years. They're called market leaders for a reason.

Our team is turning back to the defensive biotech sector for our next investment and featured company. Our last and only featured biotech company