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The Chartman

Investing in Companies You Use Can Pay Off

The market keeps on plugging away, doesn’t it? But, was last week’s move all that positive?  It certainly had its warts (i.e. average volume and a bare-minimum breakout). On the other hand, let’s not over-analyze things: a new high is certainly a bullish, not bearish sign.

This week, more of my favorites, with these two stocks I use almost every single day. That alone always makes me love them, especially if they drop a bit!

The first is MasterCard (MA). Think to yourself: between trips to the market, gas station, and online transactions, don’t you pretty much use your credit card seven days a week? I know I do.

The other stock I love is Comcast (CMCSA), because the older I get, the more of a homebody I become. And if you’re housebound, cable television is pretty much THE entertainment source. I hate the outrageous cable bills…but I still pay ‘me.

That’s it for this week. Let’s hope the market can continue its crawl north!

Gary B. Smith joined FOX News Channel in 1999 and is currently a regular commentator on "Bulls & Bears," including his own segment called, "The Chartman."