Wednesday's Daily Blog Watch

Stock quotes in this article: TZOO , ANSW , TXN , AAPL , WFMI , NYX  

Editor's note: Every morning, James Altucher presents the most timely, topical posts from the Web's best business blogs.

I work really hard, but I just can't catch up with Jim Cramer on Stockpickr Answers. He answered questions yesterday on Whole Foods (WFMI Quote), NYSE Euronext (NYX Quote), and 10 trillion others.


DealBreaker examines the amazing success of Erin Burnett and gives her some advice.


Stockpickr's System Trades of the Day include trades triggering this morning on Sohu (SOHU Quote) and Syntax-Brillian (BRLC Quote).


Eric Savitz from Barron's Online shares the news that Hearst Corporation sold its entire 22% stake in Local.com (LOCM Quote) on its recent spike.


Unusual stocks of the day: stocks that rose on unusual volume yesterday, and stocks with unusual option activity. These are all potential breakout plays.


JoeCit, undergrad extraordinaire, has an unbelievable arbitrage. If someone can poke holes in it, I'd like to know.


Sramana Mitra continues her must-read series on components of the Apple (AAPL Quote) iPhone. Today, she writes about Texas Instruments (TXN Quote).


Benchmark Capital venture capitalist (as well as the father of six children -- and he's younger than me) Michael Eisenberg examines the $100 million Answers.com (ANSW Quote) paid for the company that owns Dictionary.com. Oh, and to top it off, Michael was on the board of that company,.


The Stockmasters are looking for a bottom in Travelzoo (TZOO Quote) here.


Would you pay $750,000 for a golf club membership? I don't even know if I'd pay that much for a chess club membership.


I really feel bad for LinkedIn. Three weeks ago, I thought it had a great business. And it probably did. But three weeks is a very long time. And TechCrunch believes its time in the sun might be over now.


By the way, on that note, five of the above posts were made by "friends" of mine on Facebook. Also, if you go on Facebook, definitely check out the Stockpickr group and see when Amanda Condon first knew she was addicted to Stockpickr.


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At the time of publication, Altucher and/or his fund had no positions in any of the stocks mentioned, although positions may change at any time.

James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for The Financial Times and the author of Trade Like a Hedge Fund, Trade Like Warren Buffett and SuperCa$h. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback; click here to send him an email.

TheStreet.com has a revenue-sharing relationship with Trader's Library under which it receives a portion of the revenue from purchases by customers directed there from TheStreet.com.

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