Stocks That Are Working, Despite Congress

Chinese burritos are doing just fine today. Have a look at VISN, JRJC, RCON, BONA and BITA–rippage.

Marijuna play, GWPH, is exploding to the upside on a massive upgrade. This biotech company is interested in making cannabis based pain killers.

In addition, gold, silver, REITs, even solar (my favorite is SUNE) is trending higher, despite the overall weakness in the indices. This tells me the market is dying to trade up. Nonetheless, I believe this sort of optimism can hurt people, especially since no one knows how long this is going to play out.

Germany deserves a AAA rating because they’re responsible with their debt. The United States deserves a AA rating, not because we lack the funds to pay our bills, but because we purposely choose not to.

Early estimates point to 10/31 (ironic) being the day when the government will run out of cash, and will not be able to pay its bills. My guess: the crisis continues until the very last day. These bozos knew about this issue for months, but opted for a 5 week vacation and never bothered to broach the subject until it became unavoidable. We are governing by crisis and the American people, especially the ones who pay taxes, deserve better.

One final thing to note is the market went higher for two days after Lehman collapsed. Only after the real economic effects of Lehman was realized did the market plunge. That could happen to us with this manufactured crisis, so be on guard for the downside surprise.