Another Seesaw Day - RSI Has Many Picks
Posted on April 03, 2008 at 23:45 PM EDT
Today in the market, Thursday April 3, 2008: The market bounced around for most of the day and ended modestly up today. FED Chairman Bernanke's testimony helped strengthened the market. So the up-trend continues, albeit at a modest pace. RSI’s Themes: RSI's ETF/CEF picks are a repeat from yesterday...Materials, mining and energy. Its stock picks also mirror past sessions with energy and mining also of interest plus foreign and energy. ETF/CEF Medium Volatility: BGR - Blackrock Global Energy and Resources Trust IYM - Basic Matls iShares XME - SPDR S&P Metals & Mining Index Stocks Medium Volatility: ABV - Companhia de Bebidas das Americas CVA - Covanta Holding Corp. GTLS - Chart Industries Inc. HOS - Hornbeck Offshore Services Inc. JOYG - Joy Global Inc. NVO - Novo Nordisk A S TMB - Telemig Celular Participa VCP - Votorantim Cel E Papel Or XTO - XTO Energy Inc. Stocks High Volatility: APWR - A-Power Energy Generation Systems, Ltd. CPHD - Cepheid New stock picks follow: A-Power Energy Generation Systems, Ltd. designs, constructs, and tests distributed power generation systems to factories and users in the People's Republic of China. Covanta Holding Corporation , through its subsidiaries, provides waste and energy services in the United States, Europe, and Asia. Joy Global, Inc. engages in the manufacture and servicing of mining equipment for the extraction of coal, and other minerals and ores. Telemig Celular Participacoes S.A. provides cellular telecommunications services in Minas Gerais, Brazil. Votorantim Celulose e Papel S.A. and its subsidiaries manufacture and market pulp and paper products in North America, Latin America, Europe, and Asia/the Middle East/Oceania/Africa.