Smart Money is pushing forward, Fed be damned!

Bring it on, Ben

Adami: The economy is getting a little frothy.

Macke: The market is behaving fine though.

Adami: A correction will come…someday.

Gold and Black Gold

Bolling: Huge rally today in gold and oil.

Strazzini: The cyclicals were incredibly strong today. The market will be solid regardless of what the Fed does.

Bolling: The commodity bull is off and running. BUY GLD, SLV, and DBA.

Health Care Trade

MHS shot way up today.

Macke: Ignore the government studies that say we will all be paying $30,000 a year for health care. This is typical government nonsense.

Adami: LH is a great growth story. BUY LH.

Strazzini: Stay with health services providers like LH. Stay away from HMOs and prescription management companies.

Take your Position

Macke: LOW has to play some serious ball. They don’t have a new CEO like HD so the street will not be cutting them as much slack. BUY HD instead.

Walk this way: Americans are Shoe Crazy

CEO of Skechers on the phone: SKX has over 2000 styles and only see growth ahead for 2007.

Macke: This stock will keep going up as long as they continue to improve gross margins.

Bolling: SKX shoes look good, unlike the ridiculous CROX.

Adami: Keep an eye on the Asics lawsuit against SKX.

Strazzini: SKX is a pure momentum play.

Word on the Street

Adami: HPQ crashed and burned on decent numbers. STILL…BUY HPQ!

Macke: MDT is terrible, stay away from this stock.

Strazzini: BUY MDT. NFI will keep getting bad news in 2007 and will keep trending down.

Macke: ANF met expectations but dropped today. Ignore ANF, BUY GES instead.

Bolling: BUY AAUK, the only way to get long the diamond bull market.

Macke: WFMI is buying Wild Oats chain. Should be a good integration. Have to watch their margins moving forward.

>>Happy 52 Week High to JBX<<

Face2Face

Mariana in NH– What will Japan interest rate hike do to Yen and exporters?

Adami: There probably won’t be another rate hike soon. BUY TM. Stay away from EWJ.

Rebecca in NY– What do you think about TIF?

Macke: I still like the stock and you can buy it here, it’s cheap right now.

Justin in MA– What are your thoughts on WCG?

STrazzini: WCG had terrific numbers, and good prescription trends. BUT…They have too much competition. Not a buy.

Earnings Edge

Bolling: The Ag Trade is working out very well. AGU, DE are performing great. Corn-yielding acreage is selling for more than Manhattan real estate. BUY ADM and DE on the dips.

Adami: BUY LMT on the dips.

The Final Trade

Bolling: GOOG is a BUY.

Adami: LH is a BUY

Strazzini: WCG is a SHORT.

Macke: SWY is a BUY.  GAP is a BUY.

(Thanks to the users who submitted corrections)