Blain’s Nightly Stock Picks, May 05 2008
Posted by Blain Reinkensmeyer
May 5, 2008 at 8:51 pm
Interesting day for the market as Yahoo tanked after Microsoft retracted its bid and oil broke back above $120 a barrel.
Lower volume then the previous two days on the NASDAQ and S&P 500, which both closed down about .5%. We start the picks tonight as usual with these two indices.
Nasdaq Composite
S&P 500 (SPY)
Baidu.com (BIDU)
Google (GOOG)
Dryships (DRYS)
Comp Vale (RIO)
Mechel Oao Ads (MTL)
A K Steel Holding (AKS)
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