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Updated from 7:06 a.m. EDT

With multiple 200-point rallies and declines last week, this market is almost impossible to invest in for the long term. Indeed, this is a trader's market. In fact, on Wednesday alone, the

S&P 500

swayed from gains and losses 40-plus times in a single day. The banks, including

Bank of America



Goldman Sachs



Morgan Stanley


, usually are in the middle of all of this.

Each week, at, we compile our best ideas for stocks that could shoot higher in the coming week in the

Rocket Stocks portfolio

. This week's portfolio includes




International Coal






For this week's picks, visit

At the time of publication, Altucher and/or his fund was long Bank of America and Goldman Sachs, although positions may change at any time.

James Altucher is president of


LLC, a wholly owned subsidiary of 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



. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;

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to send him an email. 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