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Stock Picks for October 19, 2007 |
- Just the kind of day we like for the portfolio of stock picks. S&P goes down and we go up. Nice.
- GOOG went way up in post market, before trading stopped it closed up another $3.88 after close. Google should be really active tomorrow.
- Pfizer's earnings were weighted down by the Exubera charge, but still beat views. Now that Exubera is past for Pfizer we should start to see the stock get traction and track higher.
- Oil, what else can I say?
- Housing, what else can I say?
- Credit markets what else can I say?
- Well, a lot actually....and I will, until it is over. Housing and Credit markets will subside. Oil is very complicated.
- Parts of California home sales are at a 20 year low. 20 years! Unprecedented.
- We have stated that we were entering a recession since June. We are starting to see analysts and articles that are agreeing with us. We expect this to be past us end of 2008, so until then we will continue to use our screener and methods to outperform! Stay tuned and read everyday.
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