Coming Week: And the Winner Is...

Bacarella is one of the bargain hunters. He has used a "funnel approach" to whittle down the number of stocks in the portfolio by about one-third, adding to his positions in names such as Apple (AAPL Quote), which has plunged from about $200 at the start of the year to just above $100 today on concerns about the health of the U.S. consumer.

"We always want to buy something on sale, right?" he says. "Well, it's on sale. If you don't want to buy here, you shouldn't be in the market at all."

Still, the trend of consumers saving rather than spending, especially on discretionary items, may have dire consequences for the economy, which is heavily reliant on consumer purchasing.

While most major names have already released earnings reports, investors searching for clues about the health of the consumer or industrial sectors will be able to collect more data next week.

MasterCard (MA Quote) reports on Monday; ArcelorMittal (MT Quote), Cisco (CSCO Quote) and Time Warner (TWX Quote) on Wednesday; Walt Disney (DIS Quote) on Thursday; and Ford (F Quote) and Sprint Nextel (S Quote) on Friday.

Still, says Bacarella, "everything's going to take second place to the election."

1 What would best describe your stance heading into the coming week of trading? Bullish Bearish Neutral 2 Which of these sectors do you think is set to move up in the coming week? --Choose One--Aerospace and DefenseAirlinesAutomobilesBeverages and Food ProductsBiotechnologyCommercial BanksComputers and PeripheralsConsumer NondurablesEnergy Equipment & ServicesHMOs and HospitalsHomebuildingInsuranceIntegrated OilInternet, Software ServicesInvestment Bankers and BrokersMediaMultiline RetailPharmaceuticalsPrecious MetalsSemis, Semi EquipmentTelecom EquipmentTobacco and AlcoholWireless CommunicationsUtilities 3 Which of these sectors do you think is set to move down in the coming week? --Choose One--Aerospace and DefenseAirlinesAutomobilesBeverages and Food ProductsBiotechnologyCommercial BanksComputers and PeripheralsConsumer NondurablesEnergy Equipment & ServicesHMOs and HospitalsHomebuildingInsuranceIntegrated OilInternet, Software ServicesInvestment Bankers and BrokersMediaMultiline RetailPharmaceuticalsPrecious MetalsSemis, Semi EquipmentTelecom EquipmentTobacco and AlcoholWireless CommunicationsUtilities View the results without voting