Picked up a few stocks this morning that will hopefully bounce significantly even in the upcoming market downturn.

BTM
TUES - Tuesday Morning
ARO - Aeropostale

Still Hold RELM and ORCL calls.

This is interesting considering ARO and TUES are in the retail sector:

The S&P Retail Index ($RLX: news, chart, profile) dropped 5.7 points, or 1.3%, to stand at 423.04.

The National Retail Federation joined a growing chorus of doomsayers by predicting that holiday-season sales growth will slow this year compared to 2004’s robust results. The trade group sees a 5% increase compared with last year’s 6.7% rise.

“We have seen a slowing in sales,” said Rosalind Wells, chief economist at the NRF. “The Federal Reserve is increasing interest rates at every opportunity it has, employment seemed slow before Hurricane Katrina, income is not terribly robust and the consumers’ savings rate is a minus. I think consumers are pretty hard-pressed — and that’s even before Katrina and the gasoline prices were rising.”

Discounters and department-store stocks were hardest hit. SunTrust Robinson lowered its recommendation on Stein Mart and Tuesday Morning, sending those shares diving.

Some other posts you might find interesting

• January 17, 2006 -- Big Earnings On Deck, Who Cares?
• July 27, 2007 -- Stock List 727
• January 25, 2008 -- What Worked Today 1242008
• March 31, 2006 -- Sold BBC

Thanks for reading

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