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4.  Earthquake & Tsunami  Est. 8,000 people dead & 12,000 missing  Est. $100-$200 billion in damage/repair  One time incident (aside from after-shocks)  Nuclear Power Plants Damaged  6 reactors/spent fuel-rod pools, some leaking radiation  Reactors 150 miles north of Tokyo  Situation still Unresolved….

5.  Potential for catastrophe, could be as worse as Chernobyl if situation not contained  Engineers, firefighters, and military working around the clock to prevent disaster  Fuel rods must be kept from over heating  Military using choppers to dump water on reactors in order to keep cool  Firefighters using water cannons on ground  Engineers trying to restore power to water pumps (very critical)

6. Nuclear Alert Level Raised Airtime: Fri. March. 18 2011 | 1:15 PM ET

7.  Japan is the 3 rd largest economy in the world  Nuclear situation could weaken economy long- term if not resolved  Japanese Economy:  Export economy, major world supplier of technology & autos

8. The Market’s Next Move Airtime: Fri. Mar. 18 2011 | 12:08 PM ET

9.  Investors cautious ahead of the weekend  Taking positions off, holding cash  Watching what’s going on in Japan & Middle East  Many think the Japan situation will improve  Some think Japan will have long term economic problems

10.  PKX (steel)  MTL (steel & coking coal)  XSRAF(copper, thermal coal, coking coal)  BHP (iron ore, copper, coking coal)  BTU (thermal coal)  VALE (iron ore)  OGZPY (nat gas)  CVX (nat gas & oil)

12.  Japan & Middle East Dictate the Market

13.  Signals U.S. banking sector is healthy & stronger  All 19 of the largest banks tested passed  Banking system is profitable now  30% payout ratio limits

14. RBC’s Cassidy on Bank Dividend Increases Airtime: Fri. Mar. 18 2011 | 1:36 PM ET RBC's Outlook on Banks

15.  Dramatic increase in dividends in next 3 years for banks  Dividends will increase as earnings increase (higher ratio)  A lot of M&A in banking sector in next 3-5 years  Both borrowers & lenders will have more confidence, take more risk

19. Is the Bull Market Broken? Airtime: Thurs. Mar. 17 2011 | 4:27 PMET

20.  Beginning of a major correction?  Or just a normal healthy correction? (5%-7%)  Market Technician:  3 weeks down, 7% correction since Feb high of 1,343 in S&P 500  Corrections are healthy, keeps the bull market going  Says the financial sector will lead the way

21.  1 year chart of S&P 500

22.  Financials?  JPM, BAC, C, WFC, USB, PNC, BK, STT, BBT  Triple leveraged (3X) ETF’s?  Bulls: FAS, EDC, TNA, ERX, DRN  Bears: FAZ, EDZ, TZA, ERY, DRV

23.  P/E ratios is the price of the stock divided by annualized earnings  Market often looks at projected future earnings of a company  Normal P/E ratios range from 10x-20x earnings  15x often considered fair value  Some sectors trade at different earnings multiples, like casino stocks (very high)  Stocks like AAPL, HAL, BHP, MTL, & BAC have upward trends in their projected future earnings, BUY!!!