Stock Market Commentary for 3/3/08

News Type: Opinion — Mon Mar 3, 2008 12:21 PM EST

business, finance, investing, gold, stock-market, hhi-index, coin, calm, lbas-ob, coinw, coinz, ilds-pk, jrcc, swc, kgc

Equity markets continue to be challenged. The DJIA lost over 300 points on Friday, and our Viable Acquisitions Index fell into the yellow cautionary zone at 87 for Monday's open. Equity futures were also negative for the open on Monday.

At some point there will be a strong rebound in equities, but it is not yet clear when that will be. For the present, precious metals, coal, and mining stocks (ILDS.PK, SWC, JRCC, GOLD, KGC) and specialty foods (COIN, COINW, COINZ, CALM) seem to be performing well. COIN and its warrants have had a sensational run. Speaking with investor relations at LBAS.OB this week, I have been encouraged to hold there for the long term.

Best wishes, GH

The HHI Index for Monday, March 3, 2008 is as follows:

+6 (strong buy) — ILDS.PK, SWC, MRCMF.PK, /

+5 (buy) — COINZ, COINW, MXFD.OB, JRCC, CTFO.OB, /

+4 (hold) — COIN, RIGL, SATS, GENC, LBAS.OB, MTL, WLT, CALM, GOLD, KGC, /

Daily Stock Market Commentary is accompanied by a daily Bible Reflection.

_{The HHI Index is a list of stock ratings derived from a proprietary computer model and are being shared as a public service with no guarantee of or responsibility for trading success. Readers are strongly encouraged to do their own research and to exercise caution in all trading activity. Click here for an explanation of the HHI Index.}

2 Votes
Enjoy this article? Help vote it up the 'Vine.

Published to:

HHI's Column, All of Newsvine
Groups: none
Regions: none

Public Discussion (1)

What's this?

Who's leading the conversation?

This visualization below allows you to see the impact that each user has on the current conversation. The top row contains the group of users who have had the most impact, the 2nd row the group of users who have had the 2nd most impact (et cetera). Users with similar impact are grouped together, and the average score of the group is shown to the left of the group. The author of the article is also shown on the left, in their corresponding group. Each user's score is based on the number of comments the user has made plus the number of votes their comments have received. The scores are calculated relative one another, so while their absolute value is not particularly important, their relative difference does indicate a larger difference in impact on the conversation.

1.5

{"commentId":1534929,"authorDomain":"amberneve"}

Neron Kesar

What's the connection between God and the stock market?

{"commentId":1534929,"threadId":"228577","contentId":"1340525","authorDomain":"amberneve"}

1 vote

#1 - Mon Mar 3, 2008 1:21 PM EST

{"canLink":false,"threadId":"228577","isPrivate":false}

HHI

Backyard

Stock Market Commentary for 3/3/08

The HHI Index for Monday, March 3, 2008 is as follows:

Daily Stock Market Commentary is accompanied by a daily Bible Reflection.

Published to:

FUN STUFF:

COMPANY STUFF:

LEGAL STUFF: