FTSEurofirst 300 up 1.1 pct on the day, up 13 pct on week… Index lost 7 pct in Nov, ninth month of losses in 2008… Cyclicals hammered; defensive pharmas surge

American optimism at all-time low, 2009 recession imminent… Fannie and Freddie to the rescue? Chris Mayer with good news for oil investors. Another day, another double-digit decline… Russian market, currency plummeting. Pat Cox with a “huge” breakthrough medical tech about to become reality. Have we hit a nerve? The automaker debate rages on in The 5’s inbox

If you are looking for a company with rocket-like potential, Smart Profits Report tech investing expert Paul Moore says small-cap Immersion (Nasdaq: IMMR) could fit the bill.

Immersion develops haptic technologies that allow people to use touch to operate digital devices. Think the type of fancy touch-screen technology used by the much-hyped iPhone.

Paul says Immersion remains loaded with potential but remains still somewhat on the launchpad. But with three major set to toss the firm new business, Paul is bullish…

Last week coffee supremo Starbucks (Nasdaq: SBUX) announced it would close 600 stores in the US and slash 12,000 jobs. But Irwin Greenstein still considers the company a good long-term investment. He says lurking behind the grim headlines is an encouraging growth story in emerging markets.

Seems the markets are getting all pumped up on the Kool-Aid Big Ben is serving up… But these are just words folks… We’ll see who’s right and who’s wrong on this… His track record isn’t so good!