Back..

9am EST Glad to be back. I was on vacation last week and I am ready to go. I apologize to those who missed the posts. Thanks to all those who sent feedback to me. Here is my take on the markets.

Of course, the big story is the swine flu. This issue will immediately benefit the shorts. If you weren't short going into the weekend, it will be kkind of difficult to make money on this move. You can make money on the move back up. Make no mistake about this market, we are currently in a bull market. I think it will be very difficult for the market to go back and retest the lows. I think we will have a healthy pullback soon and I think that will be a buying opportunity. Unless the economy shows some material change for the worse, the market has bottomed.

How do we make money off the swine flu? You need to understand a couple of things. First, the swine flu is not a one-day story. This will take a while to play out. Therefore your investments in the face of this should be over time. Second, the chances of this being a pandemic are relatively small, therefore the potential damage to the global economy should be minimal. The reality of this becoming a 1918-like pandemic is highly unlikely because of the dramatic increase in the quality of world health care and sanitation. That said, there is still a possibility of a pandemic issue. Keep that in mind.

What stocks? I will be looking at meat producers, travel companies, airlines, etc. Pharma companies should get a quick pop but I think jumping in behind them is potentially risky. If I am right, the swine flu issue goes away pretty quickly and the premium for the flu related pharma companies disappears pretty quickly. If you buy them today, you can get crushed if this flu issue goes away.

Look for companies like Priceline.com (PCLN) Snithfield Foods (SFD) and Tyson Foods (TSN). You can get creative with this but don't take it too far. I hesitate to recommend an airline, but if I had to buy one, the one with the most potential is JetBlue (JBLU).

These are longer term trades. Keep this in mind and as always stay low risk..