Updated from 7:02 a.m. EDT

There is no question this market is still oversold; the ultimate question for investors and traders is: Which names are going to snap back the hardest?

On Stockpickr.com, we've compiled our weekly list of snapback stocks. This week's Rocket Stocks portfolio includes AK Steel ( AKS) and PetMed Express ( PETS).

To read more, visit Stockpickr.com.
At the time of publication, Altucher and/or his fund was long Eaton and Amazon, 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.

TheStreet.com 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 TheStreet.com.