
In spite of many systemic problems encountered over the past weeks, our equity markets appear to have strengthened significantly. Even most recent word on Friday of 80,000 jobs lost did not seem to dampen renewed enthusiasm for stocks. So many new issues have appeared on the HHI Index that the "hold" category has temporarily been dropped from our report. Our viable Acquisitions Index has surged to a reading of 260, and equity futures are again positive at this time for Monday's open.
Among those stocks currently on the list, you can see that impressive gains were registered by several on Friday; e.g., MEE +18.1%, WSCI +11.5%, MOS +10.1%, JST +10%, VISN +8.8%, SCHN +7.2%, ANR +7%, KNM +6.7%, CMP +6.5%. As you prosper with your investments, I ask only that you remember the poor who have no investments from which to benefit.
Best wishes, GH
+7 (very strong buy) — XIDE, WLT, KNM, CMP, OME, AKS, /
+6 (strong buy) — DMX, WSCI, VISN, ANR, LL, NEU, CLF, SCHN, TUP, CWEI, JST, POT, KWK, AXYS, APA, MA, /
+5 (buy) — JRCC, GU, PDC, TECUB, TECUA, ZEUS, MEE, ADEP, MOS, GTLS, BTM, RRC, SWN, HA, /
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.
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