Wednesday's Daily Blog Watch

Finding a target for Google, and using financial astrology.
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Editor's note: Every morning, James Altucher presents the most timely, topical posts from the Web's best business blogs.

Private billionaire Percy Walker takes a look at

a hedge fund that uses financial astrology

.

3M

(MMM) - Get Report

turned its stock symbol upside down

and finally found the WWW

.

This is what I'm talking about! Quietly,

Yahoo!

(YHOO)

is starting to dominate in

every area of the Web

(uhh, except search).

David Merkel is just a genius. If you haven't read his stuff on

RealMoney

, you have to do it. To the powers-that-be at

TheStreet.com

: please let people read David Merkel for free for just one week. In the meantime,

check out David's thoughts on the Fed model

.

Eric Savitz gives the breakdown on why

News Corp.

(NWS) - Get Report

buying

Dow Jones

(DJ)

could be a costly exercise

.

Can we just get over it and give

Google

(GOOG) - Get Report

a

$2,000 target already

?

I have a bet going. How many days in a row will Hilary Kramer

analyze a stock I've never even heard of

? There are 8,000 public companies and I must know at least some of them. How many days in a row can this go on? Hilary Kramer is like the Joe DiMaggio of the unknown-stock world.

Unusual stocks of the day:

stocks that rose on unusual volume yesterday

, And stocks with

unusual option activity

. These are all potential breakout plays.

Quant Investor checks out

oddball China finance company

Xinhua

(XFML)

.

The problem with this house is that

the maintenance is probably too expensive

.

Zach

investigates

the

Bare Escentuals

(BARE)

.

By the way, if you haven't done so, check out

Stockpickr group

on

Facebook

and join it.

Also, we're keeping track of the number of portfolios on Stockpickr. You can see how many we have by going to the

front page of Stockpickr.com

. I'm hoping we hit 100,000 by August 15, but we'll see.

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

click here

to send him an email.

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