Paul's Hot Stock Picks For This Week
- Date: 2007-06-18 - Word Count: 380
Share This!
HOT STOCK PICK OF THE WEEK:
Capella Education (CPLA) is setting up in mostly lower volume. CPLA has earnings and relative price strength readings in the high 90's, its in an A rated industry group, and it enjoys an A+ accumulation ranking. Capella Education provides online post-secondary education services in the United States. It offers various doctoral, bachelor's, and master's degree programs in the health and human services, business management and technology, and education disciplines primarily to working adults.
PAUL'S MARKET COMMENTARY:
Having digested both Thursday's generally favorable producer price index and Friday's favorable consumer price indexes, stocks took off en masse by the end of last week, thus putting the rally back on a firm footing. Putting the finishing touches on the rally, the volume on the NYSE shot up 41%, while the Nasdaq's increased 27%-- a clear sign of institutional buying. Now Friday was quadruple witching, so that probably cranked up the volume somewhat. Last week marked the last throes of the interest rate debate created by the European Central Bank's hike in interest rates the week before, and the futures market now shows only a 12% chance of an interest rate increase, down from 24% on Thursday. Meanwhile, many leading stocks were back in the thick of things. Next week is fairly quiet in terms of economic news, with the housing starts/building permits up on Tuesday morning, crude oil inventories Wednesday morning, and initial jobless claims, the Philadelphia Fed and leading economic indicators on Thursday morning.
FEATURED STOCK PICK HIGHLIGHTS:
Last week saw a lot of our stock picks break out. Terra Nitrogen (TNH), of course, took top honors, breaking out on Thursday, and bolting $11.52 above our buy point in just 2 days. Barnes Group (B) also broke out Thursday and is up handily. MGM Mirage waited until Friday to break out and looks like it's aiming still higher. Then there were Intercontinental Exchange (ICE), Research In Motion (RIMM), CBOT Group (BOT), Blue Coat Systems (BCSI) and others, which were also gobbling up gains. Meanwhile most of the reversal stocks we've been mentioning are also heading back up into position and a number of leaders look ready to burst their confines next week.
Looking for more stock picks and exact buy points? Please visit: http://www.StockConfidential.com
Capella Education (CPLA) is setting up in mostly lower volume. CPLA has earnings and relative price strength readings in the high 90's, its in an A rated industry group, and it enjoys an A+ accumulation ranking. Capella Education provides online post-secondary education services in the United States. It offers various doctoral, bachelor's, and master's degree programs in the health and human services, business management and technology, and education disciplines primarily to working adults.
PAUL'S MARKET COMMENTARY:
Having digested both Thursday's generally favorable producer price index and Friday's favorable consumer price indexes, stocks took off en masse by the end of last week, thus putting the rally back on a firm footing. Putting the finishing touches on the rally, the volume on the NYSE shot up 41%, while the Nasdaq's increased 27%-- a clear sign of institutional buying. Now Friday was quadruple witching, so that probably cranked up the volume somewhat. Last week marked the last throes of the interest rate debate created by the European Central Bank's hike in interest rates the week before, and the futures market now shows only a 12% chance of an interest rate increase, down from 24% on Thursday. Meanwhile, many leading stocks were back in the thick of things. Next week is fairly quiet in terms of economic news, with the housing starts/building permits up on Tuesday morning, crude oil inventories Wednesday morning, and initial jobless claims, the Philadelphia Fed and leading economic indicators on Thursday morning.
FEATURED STOCK PICK HIGHLIGHTS:
Last week saw a lot of our stock picks break out. Terra Nitrogen (TNH), of course, took top honors, breaking out on Thursday, and bolting $11.52 above our buy point in just 2 days. Barnes Group (B) also broke out Thursday and is up handily. MGM Mirage waited until Friday to break out and looks like it's aiming still higher. Then there were Intercontinental Exchange (ICE), Research In Motion (RIMM), CBOT Group (BOT), Blue Coat Systems (BCSI) and others, which were also gobbling up gains. Meanwhile most of the reversal stocks we've been mentioning are also heading back up into position and a number of leaders look ready to burst their confines next week.
Looking for more stock picks and exact buy points? Please visit: http://www.StockConfidential.com
Related Tags: stock trading, hot stocks, stock picks, stock picking, stock advisor, stock recommendatoins
Your Article Search Directory : Find in Articles
Recent articles in this category:
- The Secrets to Getting Low Down Payment Car Insurance
Upon purchase of a new car, there is almost always a requirement to buy an auto insurance policy as - The Wisdom Behind Auto Insurance Comparison Quotes
No one in his right mind would not go for a good deal. In fact, everyone is out on their feet and ru - The Benefits of Auto Insurance Comparisons Florida
Insurance can be expensive. This is something everyone knows about especially in the sunny state of - Auto Insurance Florida: The No-Fault Policy
There are different kinds of car insurance offered by a wide range of providers today. Different sta - Finding the Cheapest Auto Insurance Companies
Everyone is asking and searching for the cheapest auto insurance companies available today. Consider - How do You Compare Private Health Insurance Cover in Australia?
Deciding what is the best and most affordable private health insurance cover can be easy if you take - How Payment Protection Insurance Was Mis-Sold
For over six years the issue of Payment Protection Insurance (PPI) and how it was mis-sold to custom - Finding Quotes For Auto Insurance Online
One of the many concerns when you are shopping for auto insurance is being able to get access to quo - How You Can Find the Best Auto Insurance Online
When it comes to renewing your car insurance you are going to quickly discover that there are a numb - Guidelines For Searching For Auto Insurance Online
The internet can be a great source of discounts and values related to auto insurance. However, many
Most viewed articles in this category:
- Trading Forex With Pivot Points
Forex Pivot Point Trading are used today by Forex Traders and are calculated on the previous days mo - Where To Search For Free Grants
Where do you look for free grants? The search must be thorough or it could be an exercise in futilit - The Connection Between High Blood Pressure and Salt
We are a society of Salt Addicts. It cannot be denied. When you look at the things we do and the pla - Tips For Avoiding HYIP Scams
Before knowing about HYIP Scams, refer to the functioning of HYIP or "High Yield Investment Programs - Getting Credit After Bankruptcy
Consumers do not have to live sans credit following a bankruptcy. By following certain steps consume - Tips For Choosing A Credit Card
Are you looking for that perfect credit card? If so, you may be confused about what exactly to look - Cheap Car Insurance For Teens Online
Many elements determine a car insurance policy. Car insurance companies look at the person's age, hi - What Exactly Is Free Grant Money?
You can apply for free grant money from various government agencies. But where exactly does this mon - Small Business Owners Marketing and Customer Service
Marketing can be time-consuming, but it doesn't have to be hugely expensive now, thanks to the Inter - Apply Online For A Credit Card - How To Choose A Card?
The best type of credit card for you will be dependant on how you intend to use the credit card. Are
