Every week, I do a video presentation for my premium members highlighting new trade ideas or discussing current positions in the Model Portfolio.  I thought tonight I'd share the video with my blog readers.  Some of the ideas are past decent entry points, while others may still provide decent entry points.  More importantly, there are some good chart reading lessons in the video that those new to trading might find valuable.  Enjoy.

Click the image below to launch the video and please allow a few seconds for the video to load.

Longs: RICK, ANSS, BIDU, MORN, ACL, MATK, TDY
Shorts: URBN, NUE, MOS, SYT
ETFs: GCH, DUG, TKF, EWA, NLR, RSX, PIO, PBW, TAN

If you'd like to view the video presentations each week, get all the tracking tools for breakout stocks, ipo's and ETF's as well as buy and sell alerts right to your desktop, then the Gold membership is for you.  Your support of my independent research is greatly appreciated.

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Lots of intraday swings in both the overall equities market and crude prices, with the end result at the end of the week being a small pull back in crude with a decent recovery in stock prices, following a dismal week of distribution.  With the S&P bouncing off the 50 day moving average and the Nasdaq reclaiming support of the 200 day moving average it's time buy, buy, buy right?  Wrong!  I still believe we're seeing some intermediate topping action in the indices and last week's move up was just an oversold retracement of a bearish move.  If you didn't lock in hard earned gains off that March bottom in mid May, now is your chance.  What if I'm wrong and the indices blow through their May highs with volume?  In the off chance that happens, then you just get back in with very little lost in potential on the long side.  Not much potential reward to give up for taking significant risk off the table in my opinion.

::: Model Portfolio :::

** This section will now appear as a separate report about every other Wednesday. 

The Self Investors Model Portolio wrapped up 2007 with a 30.2% gain and features annualized returns of 24%.  Would you like to receive buy and sell alerts within minutes (NEW! now get them via instant messaging in near real time) of each transaction in the portfolio?  You can receive these along with ALL of the tracking tools and reports with the very popular Gold membership.  Don't delay, get started today and join me for many more highly profitable months here at SelfInvestors.com.

::: Best/Worst Performers :::

- Top 10 Performing Industries For the Week -

1. Pollution & Treatment Controls: 8.10%
2. Personal Computers: 7.85%
3. Major Airlines: 7.60%
4. Consumer Services: 6.60%
5. General Contractors: 6.30%
6. Semiconductor - Integrated Circuit: 6.05%
7. Long Distance Carriers:  6.00%
8. Technical & System Software: 6.00%
9. Sporting Goods Stores: 5.45%
10. Textile - Apparel Clothing: 5.40%

- Top 10 Worst Performing Industries For the Week -

1. Gold: -4.80%
2. Banks - Mid Atlantic: -4.20%
3. Banks - SE: -4.10%
4. Cement: -4.05%
5. Silver: -4.05%
6. Tobacco Products: -4.00%
7. Dairy Products: -4.00%
8. Surety & Title Insurance: -3.75%
9. Industrial Metals & Minerals: -3.65%
10. Entertainment - Diversified: -3.20%

- Top 5 Best Performing ETFs For the Week -

1. Greater China Fund (GCH) 5.70% 
2. Turkish Invest (TKF) 5.60%
3. HLDRS Internet Architecture (IAH) 5.40%
4. Japan Small Cap (JOF) 5.20%
5. HLDRS Broadband (BDH) 4.65%

- Worst 5 Performing ETF's -

1. iShares Silver (SLV) -6.25%
2. Thai Fund (TTf) -6.15%
3. Asa Limited Gold (ASA) -4.60%
4. Market Vectors Gold Miners (GDX)  -4.50%
5. iShares Gold (IAU) -3.90%

::: Upcoming Economic Reports (6/2/2008- 6/6/2008) :::

Monday:        Construction Spending, ISM Index
Tuesday:       Auto/Truck Sales, Factory Orders
Wednesday:  Productivity, ISM Services,  Crude Inventories
Thursday:      Initial Claims
Friday:           Nonfarm Payrolls, Unemployment Rate, Wholesale Inventories, Consumer Credit

::: Earnings I'm Watching This Week :::

Tuesday:
Layne Christensen (LAYN)

Wednesday:
Comtech Telecommunications (CMTL), Greif Brothers (GEF), Hovanian (HOV), Vimpel Comm (VIP)

Thursday:
Bio Reference Labs (BRLI), Ciena (CIEN), Focus Media (FMCN)

Friday:
A-Power Energy Generation Systems (APWR)

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The following is exclusive content from The Correct Call provided to readers of SelfInvestors.com.  Enjoy!

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Every week The Correct Call analyzes more than 500 sector, index and ETF charts looking for emerging up or down trends. Once we have a feel for the big picture, we can then look under the hood to discover the stocks that have the engine purring or squealing.

Small cap stocks look like they could outperform in the weeks and months ahead.

CTS Corporation (CTS) is a small cap stock we believe could provide investors with a eye-catching 20%+ return in the next 3-to-6 months.

CTS Corporation designs, manufactures and sells a broad line of electronic components and sensors and is a provider of electronics manufacturing solutions to the automotive, computer, communications markets, medical, defense & aerospace, and industrial markets

On April 29th, CTS reported earnings that exceeded Wall Street's expectations by 20% and all 3 analysts who cover CTS have raised their estimates for the remainder of 08 and for all of 2009. Yet the stock price remains unchanged. The Correct Call sees this as an invitation to buy a growing company for a reasonable price.

CTS trades at .52 its sales to earnings; meaning for every dollar CTS does in sales, their stock is worth 52 cents. The average company in their industry trades at 1.46 times sales.
Based on the 2008 full year estimate of 81 cents per share, CTS is trading at a forward P/E of 11.56. At the industry average P/E of a hair under 16; CTS' share price would approach $13.

Apparently this bargain has been recognized by the CTS' management. Three insiders purchased shares in the open market within the last 2 weeks between $10.46 and $10.70 per share. The Correct Call loves insider buying as management rarely lies with their wallets.

CTS' chart leads us to believe the next move should be up.

Suggested Stop: $10.22

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