Carter Worth CNBC 10/20/08 - Stock Market Bottom is In

Carter Worth was on CNBC Fast money tonight 10/20/08

We are long...play the beaten down names, Industrials, Coal names

You could buy CNX, BTU, CHK, X

UYM play for a rebound
DIG play this stock for a rebound

The risk reward is good....instead of the meltdown, you could have a meltup going into the end of the year.

" We saw an intermediate low last week that will last for a long time. We should see a strong advance this week in the stock market and beyond.

" The volume that we saw on the way down was capiluation volume and we are all in the stock market now." " We feel the lows are in!"

http://blackberrystocks.com

Biggest Stock Market Gainers - 10/20/08 - Largest, Best Stock Market Gainers for Monday

Here is a list of the biggest stock market gainers for Monday, 10/20/08

http://blackberrystocks.com/hotstocks.html


Todays Stock Gainers

10/20/08 Largest Gainers

TMA $2.06 +87.27%
ACW $.41 +64.00%
FLE $.66 +37.50%
CVGI $2.25 +37.20%
MPEL $4.40 +34.97%
TOMO $4.95 +34.15%
SA $9.44 +33.52%
CLF $36.34 +29.79%
BQI $2.00 +29.03%
NRG $24.93 +28.97%
LNY $11.58 +27.53%
WBMD $19.26 +26.88%
PLLL $4.92 +26.15%
TYG $19.85 +25.79%
AZK $1.71 +25.74%
NKTR $4.01 +25.71%
CAEI $4.06 +25.31%
GBN $1.22 +23.23%
NOV $31.37 +22.63%
DIG $36.74 +22.14%

Closing Prices 10/20/08 - Dow Jones, Nasdaq, SP 500

The following are the closing prices on the major stock market averages for Monday, 10/20/08

Dow Jones Industrial Average - DJIA

Closing Price - 9265.43 + 413.21

Nasdaq

Closing Price - 1770.03 +58.74

S&P 500

Closing Price - 985.40 +44.85

http://blackberrystocks.com

RIMM Downgraded by First Global 10/20/08

Research in Motion ( RIMM ) is down over 8% today ( $54 per share ) thanks to a downgrade over at First Global. First Global now has RIMM at underperform from market perform.

Pacific Crest said there's growing risk Research In Motion will miss its third-quarter estimates as sales of BlackBerry handsets through mid-October have been disappointing.

Keep an eye on RIMM as this stock will likely move in response to Apple ( AAPL ) earnings later this week. AAPL is expected to earn $1.11 per share.

http://blackberrystocks.com

10/20/08 Biggest Stock Gainers - Hot Stocks

Here is a list of this mornings biggest stock gainers in the stock market:

http://blackberrystocks.com/hotstocks.html


10/20/08 Morning Gainers

DCGN
TMA
NRG
EMKR
HAL
MPEL
CC

Pre Market Trading - Stock Market 10/20/08 - Libor Rates Declining

Today, 10/20/08, The stock market futures are pointing higher so far in pre market trading. Asian and Europe stock markets rose nicely last night. The Nikkei was up 3.6% and the Hang Send was up 5.3% last night in active stock trading.

Libor rates have been coming down a bit helping to boost the overseas markets. Even Europe opened a lot stronger last night. It look like it will be a strong day for the US stock markets. Oil is hitting $74 this morning , up $2 per barrel mounting talk that the Organization of Petroleum Exporting Countries ( OPEC ) will cut production at the end of this week in an attempt to shore up prices that have fallen by 50 percent in three months.

Stocks to Watch Today - Ambac ( ABK ) & Cit Group ( CIT )

These two stocks were very active on Friday and up huge. There is no reason to think that will let up today with a strong stock market. You could really see some nice gains in these stocks.

Earnings today 10/20/08 - American Express ( AXP ) , SanDisk ( SNDK ) , Netflix ( NFLX )

For a full earnings calendar - visit - http://blackberrystocks.com