For Immediate Release
Chicago, IL – April 20, 2010 – Zacks highlights commentary from People and Picks Trader “OnIslandTrader”.
For more Voice of the People, visit http://at.zacks.com/?id=5851
Featured Post
Stocks Are Holding Up Well Despite
Despite the best efforts of Goldman (GS) and Google (GOOG) to knock the market back a few steps, most stocks are holding up surprisingly well.
Pretty much all the stocks we follow are down on the day, but not to the degree you would expect given the broader market action and the intense selloff in the financial sector. Even so, these kind of out-of-the-blue events can do some weird things with the market and the dip buyers have given us an opportunity to put on a nice hedge off the day’s lows.
At this point we’d recommend hedging half your long exposure — UltraShort Russell2000 Growth ProShares (SKK) is our hedging vehicle of choice — and taking it off once the market stabilizes or regains yesterday’s highs.
About the Zacks Community
In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more about People And Picks, visit http://at.zacks.com/?id=5957
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3:1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it’s your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit From the Pros by going to http://at.zacks.com/?id=5958.
Follow us on Twitter: http://twitter.com/ZacksInvestment
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Contact: Brent Billock
People & Picks Manager
Company: Zacks.com
Phone: 312-265-9307
Email: pandp@zacks.com
Visit: www.Zacks.com
