

Airtime: Fri. Feb. 6 2009 | 10:47 AM ET
Preparing your portfolio for next week after this week's volatility, with Peter Costa, Empire Executions and Marty Cunningham, Hudson Securities CEO
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" So what do you do to get your portfolio left for the weekend. Hot Friday trade favors -- we didn't ask is that on the floor New Jersey -- Cunningham CEO Hudson securities. Peter opposite -- admitted to get a -- anybody in the northern and -- eastern parts of the country would be. Warm weather gives him the Arctic blast actually that's actually influencing the crude -- today it's down in advance of that Britney stared traded energy."
" Come and and trade and energy you know it. It to be trading energy is is. So risky bet I think if you want to play that you know doing. There's so many other opportunities to trade I I say wait -- I stay away from commodities I don't know enough about it you know everyone trades -- this during the summer hurricane thing. I don't tribute that aren't indoor activities and comes into -- Absolutely not so when you've got sick here. I've -- actually a couple of them my first one is -- why is it consulting firm I don't Virginia. They have. Over the past six months. They continue to grow revenues continue to grow profits they've they've looked well that sure looks good on Watson Wyatt are the only consulting businesses horrible. Because the economy's in such bad shape this is a company that keeps turning up money so I'm looking at Watson -- and the other was my -- I always use my approach shares and actually had a written down because. It's pro shares ultra health care front in you know Miami about health care stocks that are sell ourselves assembled. I know in the place to -- for this year. I think health -- boxers are definitely going to be in. Place to be act. Maybe risky also want the other things that I think there might be more mergers in this in this group -- that might help."
" This morning. -- I -- like god why. I think talk for a couple of reasons and quite frankly primarily it's a technical one any movie in my mind above fifteen. I think would be very positive for the stock Namibia. Put us in a position we could see more -- and then there's this potential -- lurking out there I was one who believe that there would be a deal with Microsoft at some point and I think. At this point still tough the -- of the gauge but I would leave open that possibility that something like that could occur. And the NASDAQ powershares right. Yeah I don't -- and maybe it's a Buthelezi this rather than to go through. That the filled assessment that Peter did one group of wall ETF I've always been higher in the technology especially over the last. Month and a -- in a little disappointed and how the NASDAQ has performed. But on balance I think one looks at accused of break above 3165. Potentially not much resistance up until 34 and it's a good way to package an aggregate thought. A mix of stocks with the hope you'll see some appreciation. Of."
" Bull market Peter Krause yeah. If you tossing all programs -- girl like that it yes I I do like that but the thing is we're if we're lucky -- Yes I mean we're we're indefinitely in a very narrow trading range and and that's -- thing that I would like this is great candidate. You know. If something comes today with the stimulus package moving forward. We will see some sort of rally I'm sure I don't know how much but I think we've -- exclusive rally at some point if it doesn't. We'll probably be testing that again so it."
" And Marty here so -- and you're saying part of a reason for that is diminished volatility. Yeah I fear and one this afternoon I think it's going to be quite pivotal I think -- sure what's this sort of lingering on the sidelines every rally today to Peter's point. There really no conviction and they -- you -- find their way at some of boring and -- some quiet end as it relates of those. I think this afternoon we see some short covering you could see some follow through on the Monday morning based on. Whether or not we get some sign -- stimulus or whether we just get some generic fear that the -- own about a rally that could be so sufficient could be significant. And it's clear Marty."