Chris Versace is Featured on the Front Page of Forbes.com

Chris Versace

Chris Versace is a financial columnist and equity analyst with more than 20 years of experience in the investment industry.

Chris Versace, the editor of PowerTrend Profits and a contributor to Eagle Daily Investor, is featured on the front page of Forbes.com today in an analysis of the latest unemployment report from the U.S. Bureau of Labor Statistics (BLS).  Versace assessed the data quickly and warned that the report, combined with a host of other information about the economy in the past week or so, points to a market pullback in the next few weeks.

“Based on the BLS report headlines, however, several sectors and related stocks will likely trade higher today,” Versace wrote. “One is the housing market as job growth has long been a key driver and that bodes well for shares of Toll Brothers (TOL), The Ryland Group (RYL), Standard Pacific (SPF), D.R. Horton (DHI) and M/I Homes (MHI).”

Disclaimer: Subscribers to Chris Versace’s PowerTrend Profits newsletter were advised to buy shares of M/I Homes (MHO) on September 14, 2012.

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On Monday, I recommended that you bet again on biotech by buying Medivation, Inc. (MDVN).
 
Well, if you did, you've already made a quick 71.18% gain on your December $62.50 call options in the stock.
 
Today, I am recommending that you sell half of your options here to lock in your quick gains.
 
Hold on the the rest of your Medivation (MDVN) stock as well as your remaining op

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