Rocket Stocks for the Week

These stocks could surge higher (or lower) in the coming days.
Author:
Publish date:

Updated from 10:23 a.m. EDT

Last week was another historic week for the global equity markets as the

S&P 500

railed almost 6%, bringing its total run from the March 9 bottom of 666.75 to 26.35%.

Will the market go higher? That's almost impossible to predict, which is why I focus on short-term, event-driven trades that can rise or fall in the coming week, no matter how the market moves. I like to look for snapbacks, earnings plays and other tradable market catalysts. As a general rule, you want to buy extreme weakness and sell extreme strength.

This week's

Rocket Stocks portfolio

includes such stocks as

Dendreon

(DNDN)

and

Alcoa

(AA) - Get Report

.

To read more,

visit Stockpickr.com

.

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At the time of publication, Altucher and/or his fund had no positions in 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;

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