Updated from 7:01 a.m. EST
After a historic 1,200-point rally last week, investors and traders alike should approach this week with caution.
Value plus snapback potential equals opportunity. Every week, I share my snapback ideas in my Rockets Stocks portfolio. Even after last week's move, this week's
offers some very interesting snapback ideas, including
To read more,
At the time of publication, Altucher and/or his fund was long Arch Coal, Cliffs and Foster Wheeler, although positions may change at any time.
James Altucher is president of
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
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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