CNBC Stock Picks

The really bad news is getting harder and harder to find.  Basically, not even considering inflation, the stock market has not grown at all since 1998.  Even with all of the major calamities that have befallen our country and our economy over the past 13 years, the population has still grown every year.  Mark my words, it is just a matter of time before the stock market corrects up.  Way up.

-While jobs are not great, they are getting better.  Companies are hiring more.

-No matter how bad it gets, California has not gone ‘belly up’…they are making the hard decisions now.

-Greece did not default, nor did Italy or any of the other rumors.

-The Euro did not destroy the dollar as predicted.  In fact, the Euro is looking vulnerable now, not the dollar.

-Congress may just renew those tax cuts

-Soldiers are coming home

-Factory orders are stable

-Durable goods are stable

-I cannot even walk around in my local Costco…oh yeh, times are bad.  not.

So, think about it, then buy stocks here.

17,000 more job losses at Fedex?  This is NOT good.  However, the market has proven its capability to take this news in stride.  It is possible that the market is so undervalued right now the fundamentals are catching up with the bad news.  Time will tell.

Bouncing off of 10 year low….extremely high Yield.

High Fuel costs and Flooding…Short term Short….maybe….Fast Money says buy though.

is coming for Regional Banks says Fast Money.

Regional Banks especially.

Yes

Options activity says we can still buy coal stocks.

James River, Peabody, Massey Energy

Alpha Natural (ANR) a favorite of Fast Money co-host who also owns it.

Buy Wheat and firms like Monsanto.

Buy Lindsay Corp (LNN).

Buy Pentair (PNR) at $33.50

Get long Domtar (UFS)

Likes LEH because guest does not see a Bear Stearns outcome.