By Keith Fitz-Gerald In a Money Morning commentary back in April, I suggested that while we’d hit a new market bottom, we almost certainly hadn’t hit the market bottom. So have we now? That’s tough to say, although three seemingly unrelated bits of data suggest the ultimate market bottom may be lower still, meaning investors aren’t out of the woods, yet. Let’s take a look: Since 1990, there have been 13 declines of 10% or more in the Standard & Poor’s 500 Index. And while each drop of this magnitude tends to precede a rally of six months or more, an ultimate market bottom typically hasn’t been established until we’ve seen an average reading of 36.3 in the Chicago Board Options Exchange Volatility Index - usually referred to as the VIX Index. Generally regarded as a ...

Back in April I talked up Cash America International (NYSE:CSH) because with the market on edge and American's strapped for cash, it just made sense. America's largest pawn shop and payday loan service is on fire today after raising Q2 estimates.  There's no reason why the trend can't continue. This stock was a defensive play in April and still is in July.  Shares of CSH are up 15% today after raising their Q2 08 earnings outlook above analyst estimates on higher revenue from its pawn business and lower-than-anticipated ...

Steve Reeves' return on his portfolio is at a positive 8.73% as of May 29th, 2008.  Reeves is our OTC specialist and never pulls the trigger on a stock that costs more than $5.  Review his portfolio of stocks and decide for yourself if you'd like to become a subscriber. Fellow Masters, my articles and stock recommendations are now available on www.WallStNewsletters.com. I look for undervalued securities and the cheaper the price the better.  OTC stocks are my favorite hunting grounds and I never pull the trigger on a stock that costs more than $5 and is worth holding for at least ...

The Masters talked up USEC Inc. (Public, NYSE:USU) on April 17th: Investing in Uranium with USEC Inc. (USU).  The stock was ready to fall then, and it did after Q1 profit dropped.  But now investors are picking up shares and realizing that USEC is worth looking into in the $5 range. Even with the fall in shares, USU is up 7% since the Masters pointed out there's only one uranium enrichment facility in the United States: a gaseous diffusion plant in Paducah, Kentucky.  The guys that run it? Not Homer Simpson, it's USEC Inc. (Public, NYSE:USU). We spotted them after USEC Inc. commented on its financing for the AC100 centrifuge machine plant construction, saying it's reviewing the plans in light of current ...