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HTML Paul's Hot Stock Picks For Wednesday, July 18th, 2007 Paul's Hot Stock Picks For Wednesday, July 18th, 2007 Author: Paul JohnsonHOT STOCK PICKS FOR JULY 18TH: Featured stock pick ITT Educational Services (ESI) is quietly setting up in a 6–week flat base, and looking like it wants to go a lot higher. ESI provides post-secondary school degree educational programs. The stock carries earnings and relative price strength readings in the 90’s, it’s in an A+ industry group and it boasts a respectable B- accumulation ranking. Its earnings are scheduled to be announced on 7/26 before the open. This stock can sail really when it wants to. PAUL'S MARKET COMMENTARY FOR July 18TH: A day after the indexes hit record highs, a plethora of negative news hit the wires and drove the indexes lower today. The news included everything from the Fed chief Bernanke’s testimony that conditions in the sub prime mortgage area had "deteriorated significantly" and delinquencies and foreclosures are likely to worsen, to Bear Stearn’s comments that there's "no value left" in its two failed hedge funds. Then too, Intel and Yahoo! fell short of forecasts, or indicated they were about to. Although at times the market seemed to be on the ropes and volume indicated clear distribution or institutional selling, things could have been much worse. Indeed, the market had had five days of successive gains and was perhaps due for a pullback. And even with Bernanke’s bad news, he indicated that growth might pick up next year. Then too, today’s consumer price index bore inconclusive evidence as to any huge inflation threat. Clearly the market indexes are stubbornly resisting a downturn at this point, even as the Dow struggles to overcome the psychologically significant 14000 mark. In the upcoming days, the stream of incoming earnings news will tell the tale, so keep your ear to the ground with any of our stock picks that you might be trading. As for economic news, look for tomorrow morning’s leading economic indicators, the Phila. Fed manufacturing index, and the very important Fed Open Market Committee Meeting. FEATURED STOCK PICK HIGHLIGHTS FOR LAST WEEK : Our featured hot stock picks weathered today’s storm well. Over the past couple of day, a few of our stock picks broke out or attempted breakouts and were beaten back like Terex Corp (TEX), China Medical (CMED), Google (GOOG), Atheros (ATHR), Intercontinental Exchange (ICE) and others. Meanwhile a few stock picks like Creditcorp (BAP) managed to surge higher. All in all, today’s price action left many stocks little-changed, and ready to move higher if market conditions remain favorable. For many more hot stock picks and exact buy points, please visit: http://www.StockConfidential.com/ Article Source: http://www.articlealley.com/article_190777_19.html Occupation: Writer/Publisher/Technical Analyst Paul Johnson is the publisher of Stock Confidential, a twice weekly stock advice newsletter and has written numerous articles and ebooks on stock picking, internet home business opportunities, and real estate. http://www.StockConfidential.com Text Paul's Hot Stock Picks For Wednesday, July 18th, 2007 Author: Paul Johnson HOT STOCK PICKS FOR JULY 18TH: Featured stock pick ITT Educational Services (ESI) is quietly setting up in a 6–week flat base, and looking like it wants to go a lot higher. ESI provides post-secondary school degree educational programs. The stock carries earnings and relative price strength readings in the 90’s, it’s in an A+ industry group and it boasts a respectable B- accumulation ranking. Its earnings are scheduled to be announced on 7/26 before the open. This stock can sail really when it wants to. PAUL'S MARKET COMMENTARY FOR July 18TH: A day after the indexes hit record highs, a plethora of negative news hit the wires and drove the indexes lower today. The news included everything from the Fed chief Bernanke’s testimony that conditions in the sub prime mortgage area had "deteriorated significantly" and delinquencies and foreclosures are likely to worsen, to Bear Stearn’s comments that there's "no value left" in its two failed hedge funds. Then too, Intel and Yahoo! fell short of forecasts, or indicated they were about to. Although at times the market seemed to be on the ropes and volume indicated clear distribution or institutional selling, things could have been much worse. Indeed, the market had had five days of successive gains and was perhaps due for a pullback. And even with Bernanke’s bad news, he indicated that growth might pick up next year. Then too, today’s consumer price index bore inconclusive evidence as to any huge inflation threat. Clearly the market indexes are stubbornly resisting a downturn at this point, even as the Dow struggles to overcome the psychologically significant 14000 mark. In the upcoming days, the stream of incoming earnings news will tell the tale, so keep your ear to the ground with any of our stock picks that you might be trading. As for economic news, look for tomorrow morning’s leading economic indicators, the Phila. Fed manufacturing index, and the very important Fed Open Market Committee Meeting. FEATURED STOCK PICK HIGHLIGHTS FOR LAST WEEK : Our featured hot stock picks weathered today’s storm well. Over the past couple of day, a few of our stock picks broke out or attempted breakouts and were beaten back like Terex Corp (TEX), China Medical (CMED), Google (GOOG), Atheros (ATHR), Intercontinental Exchange (ICE) and others. Meanwhile a few stock picks like Creditcorp (BAP) managed to surge higher. All in all, today’s price action left many stocks little-changed, and ready to move higher if market conditions remain favorable. For many more hot stock picks and exact buy points, please visit: http://www.StockConfidential.com/ Article Source: http://www.articlealley.com/article_190777_19.html About the Author: Paul Johnson is the publisher of Stock Confidential, a twice weekly stock advice newsletter and has written numerous articles and ebooks on stock picking, internet home business opportunities, and real estate. http://www.StockConfidential.com Article Title: Article Keywords: return to article
Text Paul's Hot Stock Picks For Wednesday, July 18th, 2007 Author: Paul Johnson HOT STOCK PICKS FOR JULY 18TH: Featured stock pick ITT Educational Services (ESI) is quietly setting up in a 6–week flat base, and looking like it wants to go a lot higher. ESI provides post-secondary school degree educational programs. The stock carries earnings and relative price strength readings in the 90’s, it’s in an A+ industry group and it boasts a respectable B- accumulation ranking. Its earnings are scheduled to be announced on 7/26 before the open. This stock can sail really when it wants to. PAUL'S MARKET COMMENTARY FOR July 18TH: A day after the indexes hit record highs, a plethora of negative news hit the wires and drove the indexes lower today. The news included everything from the Fed chief Bernanke’s testimony that conditions in the sub prime mortgage area had "deteriorated significantly" and delinquencies and foreclosures are likely to worsen, to Bear Stearn’s comments that there's "no value left" in its two failed hedge funds. Then too, Intel and Yahoo! fell short of forecasts, or indicated they were about to. Although at times the market seemed to be on the ropes and volume indicated clear distribution or institutional selling, things could have been much worse. Indeed, the market had had five days of successive gains and was perhaps due for a pullback. And even with Bernanke’s bad news, he indicated that growth might pick up next year. Then too, today’s consumer price index bore inconclusive evidence as to any huge inflation threat. Clearly the market indexes are stubbornly resisting a downturn at this point, even as the Dow struggles to overcome the psychologically significant 14000 mark. In the upcoming days, the stream of incoming earnings news will tell the tale, so keep your ear to the ground with any of our stock picks that you might be trading. As for economic news, look for tomorrow morning’s leading economic indicators, the Phila. Fed manufacturing index, and the very important Fed Open Market Committee Meeting. FEATURED STOCK PICK HIGHLIGHTS FOR LAST WEEK : Our featured hot stock picks weathered today’s storm well. Over the past couple of day, a few of our stock picks broke out or attempted breakouts and were beaten back like Terex Corp (TEX), China Medical (CMED), Google (GOOG), Atheros (ATHR), Intercontinental Exchange (ICE) and others. Meanwhile a few stock picks like Creditcorp (BAP) managed to surge higher. All in all, today’s price action left many stocks little-changed, and ready to move higher if market conditions remain favorable. For many more hot stock picks and exact buy points, please visit: http://www.StockConfidential.com/ Article Source: http://www.articlealley.com/article_190777_19.html About the Author: Paul Johnson is the publisher of Stock Confidential, a twice weekly stock advice newsletter and has written numerous articles and ebooks on stock picking, internet home business opportunities, and real estate. http://www.StockConfidential.com
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