What next?

                             "IT'S JUST MY OPINION" - vol. 4

Today, I am announcing to past and present subscribers that 10% of your subscription rate will go to the Jimmy V Foundation for cancer research!
This just in - the Washington Redskins are changing their name! They are dropping the word Washington! After the debt fiasco last week in Washington, I don't blame them.
Well, well, well, we are finding out quickly that this is not a stock market - this is a market of stocks!
Looking at the earnings so far, many stocks are beating the street earnings.
Then there are spoilers like IBM - ouch! Your killing the DOW average. Every 10 points down on IBM is costing the DOW 55 points!
Then there's GOOG, man I wasn't the only one that did not see their incredible earnings report coming - the entire street did not either!
Now watch all the analysts ramp up their price targets Monday morning. However, remember when AAPL was trading over $700 a share and the analysts raised their target prices to over a $1,000 a share? AAPL soon after collapsed well under $400 a share! I do not think that will happen to GOOG, however be wary of upgrades and downgrades -most of the time they are way too late! Also, remember when AAPL started to go down - money flows were coming out AAPL and into GOOG. Watch to see if the reverse may happen this time around.
If you took advantage of my BAC call, you would have bought the stock @ $14 and again at $13.75,
CLMT is starting to act better - now watch for their earnings which will be reported between October 28th and October 31st which is expected to be ,31 cents a share,
My new recommendation is ABT. They reported good earnings and raised their dividend 57%.
"IT'S JUST MY OPINION" that ABT should be bought on a scale down basis - starting @ $37 down to $35.75. When this stock hits a new 52 week high, $38.77, it should be off to the races.
This week we have a slew of earnings reports. Make sure you keep an eye on the stocks you personally own especially if their earning are coming out this week!
Now next weeks blog will feature 11 stocks, "IT'S JUST MY OPINION" that you should have them in your portfolio!
For you high net worth investors, I would highly recommend that you invest at least 5% of your portfolio in a managed commodity fund. I highly recommend that you go to www.foremosttrading.com and ask for Steven Hanson.