MARKET MAGIC REPORT issue VIII - 'Making it Happen in 2010'

The Market Magic Report would like to start 2010 off with a bang. But greed is a bad thing, so maybe smart instead of a bang is better.

The stock market is getting closer and closer to a serious bull market. A stock market that may see the S&P 500 reach 1500 or better. However, this bull market could still be a few year off.

If you are playing the stock market for the long term now is the time to buy. If you have the money to invest for the long haul, Congratulations you will be one of the rich ones someday.

The question is, where to invest your money. Well if the market is going that high it will be hard to go wrong. However, there are certainly places where you can get the best bang for your buck.

Financials, technology and commodities are the three best areas to invest your money now. Companies like Bank of America, Goldman Sachs, Optionsxpress, Apple, Amazon.com, IRobot Corp., Alcoa, Arch Coal, and US Steel are just a few.

Remember to always check with your financial advisor on our stock selections, but we recommend that you learn how to make your own selections when investing your hard earned money. Learn for yourself why and when we buy and sell stock, commodities, options, and futures.

But to put it simply, the stock price on most quality companies will never be this low again. And to put it simply, to make money in the stock market we buy low and sell high. And let me repeat myself one last time. 'Most stocks will never be this low again!'

THE WORKING MANS PORTFOLIO UPDATE

Above we have the working mans portfolio updated picture. Looks like we may of made a bad decision about OPMG as that stock has gone nowhere but down.

We need to put some of our cash to work for us to start the new year. But we will sit back and see which direction the market will start 2010 off with.

We have our eye on some moves like we think Bank of America could start to climb the ladder so to speak. Not to mention US Steel and others.

The Market Magic Report will let you know shortly about our moves so you can take full advantage of them. Probably towards the end of next week or the following week.

Since our last working mans portfolio update we have lost almost 400 bucks. Three hundred of which is with our terrible penny stock pick. However, we will continue to hold it and see what happens.

Stick with the Market Magic Report for 2010 and we will make you some money in the market. It should be a slower year than 2009 but we will show you how to continue to make a nice profit in a sideways market.

The Market Magic Report would like to wish you and yours a Happy New Year, and here's to a larger portfolio in 2010.