If you have ever read this blog before then you know that I like to follow trends, momentum, and volatility. The current market as a whole has been trending lower, and there is only two trends that i can see going higher in the near future. The fist one that comes to mind is anything green. The environment is going to be a major topic in the coming presidential election and if the Democrats take over the office green stocks will benefit greatly. Some of my favorites are FSLR, SPWR, & STP.
With the mortgage industry in the dumps and the economy heading towards a recession look for booze and gambling to do well in 2008. Historically, when life gets tough people get drunk and gamble. So, if that is the direction we are headed keep your eye on these stocks MGM, HET, WYNN, BUD, & TAP.
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