Good Friday - Market closed and finally a day to breathe (Update 2)

Good Lord what a week, lose money, win money, it's just like being in Vegas!  Vegas Baby, Vegas!! Doesn't sound like such a bad idea right about now.

Fellow Masters, congrats on making it through another week and hopefully we've allowed you to make some cash from Citigroup (NYSE:C), JetBlue (NASDAQ:JBLU), and our other Master and Quant Picks (subscribers only).  With that, let's get to next week.

Let's start with Gold, thanks to prices falling huge last week, stocks like Yamana Gold (NYSE:AUY) fell 20% since Monday.  Now that AUY is back in the $15 range, the Masters are going to consider it.

Chart for Yamana Gold Inc. (AUY)

 

Price of Gold

Gold prices finished the week at $917, almost $100 away from last week, that's just crazy.

As the economy gets ready to head down then back up again, having a small gold position makes sense.  Now you can buy the best gold stocks out there.

 

Another stock we'll be watching and talking about is Crocs Inc (NASDAQ:CROX) which just jumped 7% yesterday (finally).  If you missed our latest analysis on CROX here it is -- Crocs Inc. - Love em, hate em, the analysis is in their favor

It's tough to get excited about investing right now so use caution, stay in school, just say 'no', don't do drugs, and above all -- stop, drop, and roll.

With the huge rally in financials this week get ready for those stocks to pullback a bit.  You can bet the traders that made money on those stocks will take some profits, I know we will be doing that with the gains in BofA (NYSE:BAC) and Citigroup (NYSE:C).  The way this market swings, its best to take the money when you make it. So with that -- The QID, DOG, and SKF: Rinse, Lather, Repeat

The SKF took a huge beating this week, down 20%+ since Monday. A good entry point could be early next week because the financial crisis is still with us.

UltraShort Financials ProShares  (Public, AMEX:SKF) is now just over $100 a share, don't leave home without it.

Sony (NYSE:SNE) is another stock not getting any love and lost in the mix with all the Wall Street daily drama.  Read our take on Sony --  Bank on Sony's Blu-ray technology and PS3 .

The Walkman and PS2 days are over but Sony has a new ace up it's sleeve, and it's Blue. How quickly we forget that Sony just won the high-definition video format war with their Blu-Ray technology, which is built into the PS3.  Color me blue, because Blu-Ray is going to put Sony back on the map.

We've got some other stocks and tricks up our sleeve (Master Picks Newsletter) but you have pony up $45 big ones to get the full scoop. Consider It's MARCH MADNESS at WallStNewsletters.com, support your local Stockmaster, we've got some great deals.

Thanks for reading and enjoy a Friday off from trading.

 



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