In this Issue:
• Corporate Profits and the Fed - Earnings continue to be strong, and the Fed may be almost finished tightening. We think that combination is a plus for stocks.
• In The Limelight
• STARS Status - Changes in S&P analysts' STARS rankings for July 25 through July 29.
• How to Deter Identity Thieves - Keep a tight lid on your personal information to reduce the chances of becoming a victim of identity theft.
• Investment Banking & Brokerage on an Uptrend - After lagging behind the market for much of the year, investment banks recently began to outpace the S&P 500. We think this positive trend will continue.
• Master List Stock Update - Our three supervised Master List groups of stocks, recommended as core holdings for long-term investors, are regularly featured on these two pages. Group 3, highlighted this week, consists of small- and mid-cap stocks.
• Neural Fair Value 25 Portfolio - This portfolio of 25 stocks seen as undervalued is expected to significantly outperform the S&P 500.

Some Of The Companies Featured:
Bear Stearns Cos.
Commerce Bancorp
Countrywide Financial
E*Trade Financial
Goldman Sachs Group
Lehman Brothers Holdings
Lennar Corp.
Mercantile Bankshares
Merrill Lynch
Nucor Corp.
Omnicom Group
Raymond James Financial
Verizon

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