Bull Market: Optimism Abounds . . .

By: Dave Martinez | October 14th, 2008

Welcome back to one of the few places on the net that regularly uses the words “Bull” and “Market” in the same sentence.

After a historic crash the past few weeks, seeing NYRB lose valuable points on the leaderboard, it is this traders humble opinion that this stock may be ready for a surge. The Bulls stole a point away from RSL on the road (stock was rated HOLD for the end of this quarter), which was viewed fairly overall by market speculators (me again). It wasn’t the razzle dazzle performance trackers were expecting, but it was enough to show hope for some future returns.

This week, we take a more aggressive stance, with more BUY options (citing the “they can’t lose 3 home games in a row” philosophy), and also conduct a review of last weeks picks!

BUY

Juan Pablo Angel (JPA): For a second week in a row, JPA stock continues to see unexpected growth, even with a 2 game scoreless streak. The last time JPA encountered CBS (Columbus Crew), he managed one of the cheekiest goals we have seen this season. With the last home game of the season looming, JPA is expected to perform large.

Jeff Parke (JP): Here is a stock that has been a dormant Giant all season. Though management has been critical in the decline of this stock, last weeks performance once again highlights the fact that, when given a chance, JP can be an industry leader. Defense stocks have been low the past few weeks, I know. But it is possible that the management of this stock has finally got it right, and this particular defense note will be the beneficiary. Add on to that the near collapse of defense giant GC (Gabe Cichero), and it only goes to highlight JP’s momentum. BUY BUY BUY!

New York Red Bulls (NYRB): NYRB is facing a difficult task this week, facing alot of market speculation as competition from CBS (Columbus Crew) looms large. But at this juncture in the season, it is simply not an option for this team to drop another three points at home. It is in this vain of impossibility that I am putting NYRB in the BUY column. If they are to collapse against the competition, you will see a drastic fluctuation on this stocks valuation. This is a gamble BUY, not for the weak of heart.

HOLD

Juan Carlos Osorio (JCO): Investors in NYRB are torn down the middle on this one. Speculators were expecting more aggression from this management stock in order to steal vital points from industry rivals KC (Kansas City Wizards) and RSL (Real Salt Lake), but JCO decided to take a more conservative stance to weather this hectic market. This gamble during such a volatile time in the market won’t be measurable until the seasons conclusion. JCO’s status may hang in that balance as well, depending on the fortunes of its investments.

Juan Pietravallo (JPO): Don’t believe the hype! People are selling this stock off after an investigation of a red card infraction against industry competitor CM (Clint Mathis). But this is premature. Until this point of the week, JPO had been riding a 52 week high, and I think it will continue. Do not abandon this stock! As a matter of fact, buy low and hold!

SELL

Clint Mathis (CM): One of the most studied stocks in history, CM continues to puzzle speculators. Just last year, CM stock was heading for an all time low when Greek Investors suddenly infused life back into the legendary stock. Always an option close to my heart, CM re-emerged on the scene late in the season with the financial backing of RSL. But after witnessing first hand what this once legendary stock has become, I will have to say that, for the very last time, CM stock will be going out of business. Such a strong player in the market for years, CM is on its last legs. Though still able to agitate an opponent, CM can not put up the numbers he once did.

LAST WEEKS PICKS

You will have to forgive this speculator but my picks for last week were a tad off. Then again, with the market being the rollercoaster it is, who can fault me?

First off, I was a bit over zealous with MK (Kandji). Though a young promising prospective stock, the administration behind this player is way off, allocating this products greatest assets to areas of the field which nullify its greatest attributes. MK is a stock that you put right up top, not on some wing to be lost and confused. Considering its current administrative issues, I will have to adjust MK’s market standings from BUY to HOLD (at least until its potential is used properly).

Popular out cry has also forced me to raise TORB (The Offside - Red Bulls) from SELL to HOLD. Though I viewed this stocks decline in last months earning reports as a poor sign of the future, considering TORB and NYRB’s nearly parallel charts, other speculators in the Market felt otherwise. Popular speculators, lead by Martha in Miami, NoLayUpRule, and BMatthews, lashed out strongly against my market ratings, citing the occassional “blip in the radar mentality,” causing an overall reevaluation of this stocks standings. I have been corrected.

Cichero (GC) and Rojas (JR) continue to round up the sell and hold listings respectively.

Ill have more market perspectives for you next week, right here, on TORB.