San Diego, CA (Vocus/PRWEB) February 01, 2011
The Rhino Report's Chief Analyst James Brumley has posted some alternative perspective on the impact the geopolitical turmoil in Egypt is likely to have on U.S. investors. Though the majority of the comments are reserved for Rhino Report subscribers, some of the op-ed is being publicly posted.
Brumley comments "Turmoil in Egypt got the blame for the market's implosion [Friday], as investors were spooked by how that unrest could spread across the globe into something far more disruptive. That was the media's take anyway. The more likely reality is, Egypt was merely the catalyst that the market was looking for to pop the bubble."
The newsletter's chief analyst recognizes that such news comes and goes quite frequently. Though at the time it surfaces it is viewed as a potentially-devastating event, the majority of the time these events end up having little to no real negative impact on stock prices.
Brumley clarifies "Swine flu, the Gulf of Mexico oil spill, SARS, asteroids, climate change, China's civil unrest in 2009, Korean tensions just a few weeks ago, bird flu, and about a million other things that never really reached a 'worst case scenario' status were all deemed to be globally catastrophic - for investors in particular - at the time each was put into the spotlight. Most of them aren't even an afterthought now, and the market has clearly survived, and even thrived, as those events become faded memories."
He further adds that the media has a tendency to overstate the severity of an event, hoping a little fear keeps watchers glued to their televisions and computers in what's now more of a ratings race than a public service.
The site's portfolio also recently added Envision Solar International Inc. (EVSI) to its list of holdings. The small solar power stock was picked and recommended on January 25th at a price of $0.50. Though Brumley has been whittling away at the total portfolio's holdings, anticipating a pullback that became even more likely after last Friday's drubbing, Envision Solar International has proven to be a worthy exception to the marketwide weakness.
About the Rhino Report
The Rhino Report is a unique investment newsletter that takes a different approach to helping investors navigate the market. The service examines the whole market from the top down, focusing on three specific elements: market timing in multiple timeframes, sector analysis, and longer-term economic-based analysis. Doing all three properly is seen as the key to true investing success. The service's stock picks primarily seek out unknown and undercovered opportunities that meet a stringent combination of technical and fundamental criteria. The newsletter is also delivered during trading hours, so subscribers can quickly act on any new picks or information.