Delphi (DPHIQ) Continues To Run Like A Freight Train

Compared to Visteon - stock symbol VC...Delphi could trade back to the $8.00 level over the long term. After all, Delphi will emerge as a much cleaner company after emerging from bankruptcy and renegotiated UAW contracts at lower wages. We wouldn't be surprised to see someone step up and make an offer for this stock soon. It's just too cheap at these levels.

Today We Saw A Major Move On Coal Shares

Lawyers For Delphi And Unions Say Talks Are Progressing

Crude Oil Rises as Saudi Arabia Says OPEC Cuts May Increase

Apple Is Poised To Rocket On News of Earnings!

Apple Profit Up 27 Pct., Beating Estimates - Expect Short Covering!

Level 3 to buy Broadwing for $1.4 billion

Arch Coal (ACI) Is Running Strong!

Hoping to see the $40 - $50 level soon enough when the MACD breaks through as seen on the weekly chart.
See Chart

Looks similar to what happened to Broadwing!
See Similar Breakout Chart

Time To Load Up On More Coal - ACI

Still accumulating Apple Computer as well.

Arch Coal Announces Stock Buy Back - Stock Surges

Apple Looks Strong Here

Good back to school sales and Christmas is just around the corner. The chart shows a long term cup and handle formation from May through the end of August, indicating higher stock prices from here.

The FED ...

The FED will soon realize that their relentless series of rate hikes have slammed on the breakes of our economy. Spending is slowing and just about every 10th house in most neighborhood seem to be on the market for sale!

Economy Grows at a 2.9 Percent Pace

Core inflation at the producer level fell unexpectedly during July

Go Figure? FED Action Trips Us Up Again

The market has rallied on good earnings reports and the likelihood that the FED would stop raising rates. Well, the FED halts a series of 2 years of ever increasing rate hikes and the market sells off on the news! Now, Wall Street will tell us that because the FED has paused on the rate hikes, this is not good since the economy may be slowing! That is...rising inflation in a slowing economy.....stagflation they will call it! What next??

Trinity Industries Could Run From Here

Looking at the chart, we feel that Trinity Industries - TRN cound run through $40 from these levels. It has been on a Buy signal since $35 and looks solid as it continues to move higher.

TRN Chart

Telecoms Have Made A Good Run

Q, TWTC, And BWNG are positioning themselves to benefit from the upcoming high demands of media services with home and enterprise customers in the future. We are seeing a slight pullback after digesting the recent run ups, but expect that higher stock prices will follow quarter after quarter as profits continue to improve.

AT&T Leads the Telecom Stocks Higher

Finally, the telecom pendulum has started swinging up as investors look for defensive characteristics by investing in the telecom industry, so expect positioning in this industry in the coming weeks.

Stocks Soar as Value Buyers Step In

Today Was Options Expiration Day

Therefore, many good stocks were pushed down to make several options expire worthless today or for less money after the good spike we had in the market the other day. Here's hoping that we have a run in the market next week. We need it!

Bernanke: Interest Rate Hikes May Be Over

Ben Bernanke Signals That Two-Year Campaign of Raising Interest Rates May Be Coming to an End. What does this teach us. Well, when all looks lost the markets usually turn around. Shorts will be covering on this news and drive many of our stocks back up to higher levels.