How can you trade this semingly bleak Holiday season?

There is plenty of reason to be worried about the United States economy heading into the crucial Christmas shopping season. We all now about the record oil prices, record housing foreclosures, and the weak US dollar. Not exactly the forecast that the US retail sector would wish for going into the most important time of the year for the US economy.

How can you trade around this to make money of your own this Holiday season?

Well if there is another truth in the US economy other than the above it is that the rich are getting richer. To make money off of that trend lets examine one retailer that markets exclusively to the wealthy, Tiffany & Co. TIF is currently trading below its 200 day moving average and is ripe for the buying. It should no doubt have a great Holiday sales season given the fact that wealthy people are immune to most of the economic downturns that most Americans are troubled with. Give your portfolio some bling with TIF this Holiday season. Buy it on the dips and sell it this March at $57 a share.

How can you profit from rising oil prices? RIG

The majority of people cringe at the thought of rising gas prices. The negative impact it has on the economy is no doubt great. As oil nears $100 a barrel and with the primary oil producing region of the world in constant political unrest, it is highly likely that this trend will continue. If you believe as I do that oil will continue to rise how should you invest?

Oil demand is rising and a large percentage of the current supply is in the Middle East which is growing more and more unstable therefore the need to find more has never been greater. That's why you should be in the oil services stocks. My favorite is TransOcean (RIG) a stock that is up 66% over the last 52 weeks. I think you should buy in here at its current levels and squeeze out another 10% before the end of the year. Expect this stock to exit 2007 at $144 dollars per share.