Updated from 8:00 a.m. EST

The market is cheap, so we can hold off on the usual anecdotes and get right down to business. All of this week's

Rocket Stocks


American Express

(AXP) - Get Report



(AMGN) - Get Report

) have direct catalysts, which could propel them higher or lower, independent of how the market performs.

To read more,

visit Stockpickr.com


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

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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

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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