It is officially Earning Season and it begins with the stock that leads the alphabet, and that would be "A"...or Alcoa. I still stand behind my last post and believe that the economy hasn't changed much and the fundamentals need to become more positive. Foreclosures, inflation, and oil are still hurting average people worse than the plague. So how do we play the market, well we chill a little bit and start interpreting all the data coming out of Earnings Season. I still stand by plays and think that commodities and technologies are the ways to go.
I hope you liked:
Oil Services Exchange Traded Fund (AMEX:OIH)
AK Steel (NYSE:AKS)
Also, I think now may be the time to make a play on Ricks Caberet (NASDAQ:RICK). There has been multiple deals that have been closed recently that mean more tips for Ricks! They are putting those tips to work by acquiring other clubs and most recently a magazine. What an ingenious way to get more customers into your establishment, sell them while they are reading a magazine they obviously enjoy.
So today I will recommend Ricks Caberet and as you know I love getting a steal of a price. Before the good news, they hit a nice intraday low at 14.80 two day ago. I will use this as a steal of a price and say its like getting a free trip to the champagne room. I would be accumulating this stock anytime it dips under $16 dollars.
So its safe to say T-Pain is not the only one that's in love with a stripper.
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