Free Stock Picks

Extended Bear Market Rally

Dear GTS Readers,

I still believe the markets are headed lower (600 S&P) (6000 DOW), but we could be in for a extended bear market rally.  This up trend could ultimately give us 30% rise in the markets if it plays out.  I will not go long until my indicators are in buy mode.  If I see evidence of a longer term up trend forming, I will post a comment on GTS.

Now without further ado our weekly pick...    Genentech Inc. (DNA) engages in the discovery, development, manufacture, and commercialization of pharmaceutical products in the United States. It markets Avastin (bevacizumab) for the treatment of metastatic cancer of the colon or rectum and metastatic non-squamous non-small cell lung cancer; Rituxan (rituximab) to treat B-cell non-Hodgkins lymphoma; Herceptin (trastuzumab) for treating node-positive or node-negative breast cancer; and Lucentis (ranibizumab) for treating neovascular (wet) age-related macular degeneration. This is a good company with a great pipeline of drugs, and the Swiss drug maker Roche wants to completely own these guys.  Look for a takeout offer of $100 a share in the future.  Buy This Biotech Stock Under $65.00

How Low Can You Go -- Redux

After gazing into my crystal ball and some historic charts of the S&P and Dow, I have changed my opinion on how far the markets can fall.

   

1. DOW - 6000
2. S&P  - 600 

Fade the market next week using DXD and SDS on any kind of rally.   

848 Or Bust

This is the moment of truth in the markets -- will the 848 level on the S&P hold...  Dunt Dunt DAAAA...  If the S&P breaks through its Oct. 27 low lookout below.  Y'all are going for a ride.  Let's start thinking about what industries are going to do well in the future.  Healthcare I.T. companies should do well in the near term.  Under President Obama's administration I believe there will be an emphasis on modernizing the healthcare industry.  Businesses that provide electronic medical record solutions, electronic pharmacy software, and general software for hospitals will reap major profits.  Mckesson (MCK) provides supply, information, care management products, and services for the healthcare sector.  Buy Stock Under $32.00 

Buy The Big Dippers

Ok ok ok.. I know I have been telling you to short and stay in cash lately because of the economic turmoil that is occurring.  It is now time to start buying small positions on the dips.  The market feels like it is putting in a intermediate bottom, so take advantage of this trading opportunity.  On days when the markets drop substantially and you get so scared that you taste vomit in your mouth, pull the trigger and buy something.  Our first big dipper pick is Take-Two Interactive (TTWO)This videogame maker was much higher not too many years ago, and was a takeover target of Electronic Arts for $27 a share.  Buy This Stock Under $12.50 Place Stop @ $10.75