Stock Market Commentary for 4/15/08

Recent market gyrations have been unsettling to say the least. Word of disappointing earnings from the major blue chip stock, GE, brought a 13% loss of its capitalization in one day and the negative effect spilled over into other market sectors. The decline in the value of the US dollar is pushing oil prices higher and Asian markets are especially hurting because of their dependence on exports to America.

However, some commodities-based stocks have done especially well recently, including oil services, coal, agricultural minerals, and steel. Alternative energy also appears to be making a comeback. The asphalt producer, GENC, has done especially well as many highways require resurfacing following the severe winter. Overall, market conditions appear to be strengthening as indicated by a reading of 209 in our Viable Acquisitions Index.

This is likely to be the last update until next week.

Best wishes, GH

The HHI Index for Tuesday, April 15, 2008 is as follows:

+7 (very strong buy) — GENC, LNN, CWEI, MOS, NGS, POT, /

+6 (strong buy) — CMP, NEU, CLF, CF, PBT, APA, /

+5 (buy) — JRCC, WSCI, XIDE, LL, WLT, MLNM, REXX, PCX, FEED, PDC, UFPT, CLR, AKS, SCHN, SWN, SGY, CXO, /

+4 (hold) — BPSG, SQM, MTL, VISN, FSLR, TECUB, NOG, OME, EOG, KWK, /

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

• Today's Bible Reflection: Reflections on Psalm 2
• Yesterday's Stock Market Commentary
• Yesterday's Bible Reflection: Thoughts on Psalm 1
• What is the HHI Index?

_{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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Bible Reflections for 4/15/08 — Reflections on Psalm 2

HHI

Tue Apr 15

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