Its Chairman Just Bought It at $10 --- HOM

HOM (Home Solutions of America Inc.)

HOM is a provider of home restoration and specialty interior services. It is Dallas-based and has many of its renovation and interior services operations around the Gulf Coast.

Its earning growth is impressive. It was benefited by last year’s hurricanes. There could be some speculation for this summer also.

Its closing price, as of 6/7/06, is $7.63.

It is good for mid term investors.

My suggestion: Buy (7.5)

Just Approved in Canada --- ABBI

ABBI (Abraxis Bioscience, Inc.)

ABBI develops, manufactures, and markets injectable products for the treatment of cancer and various life-threatening diseases.

Today, Canada's health agency approved the company's Abraxane injection for the treatment of metastatic breast cancer. Abraxane is undergoing several other studies to determine its effectiveness against other cancers.

I expect its earning will grow stable even without some surprise result from the other studies.

It is a good pick for both short and long term investors.

Its closing price, as of 6/7/06, is $27.21.

My suggestion: Buy (8)

Weekly Review (5/30/06 – 6/2/06)

Oil Price

The market finished this week barely changed. For the week, the Dow lost 0.27 percent, while the S& P 500 added 0.63 percent and the Nasdaq rose 0.41 percent.

My analysis showed a danger in this week, but expected it would happen later on Friday. As we saw, it came earlier on Monday. Because the pressure was released, the market went down a little on Friday only. The market returned to its starting point almost this week.

I noticed one sign which is the Nasdaq was better than the Dow for this week. It is too early to say whether it is a signal yet. We have to watch them for another week. If it is true, it would be a positive sign in weeks.

What is the driving power for next week? Most likely it is the oil price. During the past couple days, the oil climbed quietly already. It did not stir the market very much. But, if it keeps its advance, or any bad news, it will storm the market. The news on the summer or the hurricane concern, the news from Nigeria, and the news about Iran… Any of them would drive the oil up and push the market down.

When peoples are watching and conservative, we cannot expect the market will have any exciting performance. The market of next week will be flat or at small down most likely.