Friday, November 21, 2008

Paul's Hot Banal Picks For July16th Thru July 20th

This week's hot banal pick, Terex Corp (TEX), like Cummins (CMI), articles accessories for construction, infrastructure, quarrying, mining, shipping, transportation, refining, and account industries worldwide. Terex carries balance and about amount backbone readings in the top 90's according to IBD, it resides in a solid A+ rated industry group, and enjoys a B rated accession by institutions. We ability agenda that even Cramer brand this banal pick, and it was up $2.32 in afterwards hours trading.

PAUL'S MARKET COMMENTARY FOR THE WEEK:

The aloft bazaar indexes- with affluence of our arch banal picks in tow- accursed college for the 2nd beeline anniversary in a row endure week. Indeed, June was apparent by gloom, and the bazaar indexes alveolate several administration days, which at times casting doubts on the market's accepted rally. But with July, the storm clouds abolished and arch stocks accept roared higher. In fact, Thursday's big up day was the better up day for the Dow in years. Despite the market's success, the contrarian put-call ratio, which measures the amount of bearish puts against bullish calls attempt .99 higher, on Tuesday, advertence that skeptics remain, but this skepticism is absolutely what propels the bazaar higher. When everyone's bullish, again it's time to alpha worrying. So all's able-bodied as we access the affection of balance division next week, but as always, let's see how the breeze of balance admeasurement up to Wall Street's expectations. As for bread-and-butter news, attending for the New York State Empire State accomplishment basis on Monday morning, the sure-to-be-closely watched ambassador amount basis (PPI), and automated production/capacity appliance on Tuesday morning, again the actual important customer amount basis (CPI), architecture permits/housing starts, and awkward oil inventories on Wednesday morning.

FEATURED STOCK PICK HIGHLIGHTS FOR LAST WEEK :

Leading banal picks accursed still college endure week, with some stocks affective a lot college even afore their appointed balance absolution dates. Featured banal aces China Medical (CMED), whose balance date is connected past, accursed out of its base, and zoomed about $2 aloft our buy point. Banal aces Apple (AAPL) connected its accepted run, and now sits over $10 aloft our buy point. Google (GOOG) access through our latest buy point and tacked on $12.76 for the week. Proverbial mover, Research in Motion (RIMM) tacked on addition $12.01 to its contempo assets endure week. Baidu.com (BIDU) was up $15.24 for the week. Again there was banal picks like Carpenter Technology (CRS), announcement over $4 aloft our buy point endure anniversary and Applix (APLX), Creditcorp (BAP), Shanda Interactive (SNDA), Bankrate (RATE), Manitowoc (MTW), Mobile Telesystems (MBT) and others breaking out and/or affective college too. As we access the affection of balance season, be alert of any stocks you are currently holding, which may be due to announce, as the bazaar can accord agonizingly with stocks whose balance appear up short.

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