Personal Finance Daily: Watch out for a correction--or worse

	Personal Finance Daily AUGUST 08, 2012 Wednesday's Personal Finance Stories By MarketWatch Don't miss these top stories: Good takeover targets beyond Best Buy Watch out for a correction—or worse Get more value for shrinking package sizes The odds of a stock market correction are pretty high, Mark Hulbert writes today. He says stock-market timers are more bullish than they were at the May 1 market high—not good from a contrarian point of view. If the bullish timers stubbornly hold on to their bullishness in the face of any pullback, he says, then there will be greater odds of a more major correction. Also on MarketWatch today, SmartMoney's Jack Hough looks at the numbers and offers up some good takeover targets beyond Best Buy. He writes that conditions look ripe for takeovers: Loans are cheap, revenue growth is hard to come by and companies are stuffed with cash. Then again, those conditions have failed to produce a buyout boom of late. Read his column for a list of attractively priced stocks that also have takeover appeal. — Anne Stanley , Managing Editor, Personal Finance Good takeover targets beyond Best Buy Takeover math suggests Best Buy isn't the only good buy around. For investors, one way to identify other companies that seem priced for takeover appeal is to run a screen for low EV/Ebitda ratios. Good takeover targets beyond Best Buy Get more value for shrinking package sizes Call it package shrinking, or downsizing, or even "convenience sizing," shoppers are paying more for less—especially at the grocery store. Here's how to protect your pocketbook and get the most for your shopping dollar. Get more value for shrinking package sizes INVESTING Watch out for a correction—or worse Odds of a stock market correction are now quite elevated, given the current sentiment among market timers, Mark Hulbert reports. Watch out for a correction—or worse Don't get suckered by the Draghi put When European Central Bank chief Mario Draghi talks tough, he doesn't deliver, writes Matthew Lynn. Don't get suckered by the Draghi put EBay moves into Amazon Prime territory Now it's time to try for instant shopper gratification again, or as near instant as is possible while allowing for a decent profit, writes Carol Kopp. EBay moves into Amazon Prime territory Amazon.com now after social-gaming margins Amazon.com Inc.'s move into the market for creating and hosting social games isn't only bad news for Zynga and Facebook. Amazon.com now after social-gaming margins ECONOMY AND POLITICS U.S. productivity rebounds in second quarter U.S. productivity rebounded in the second quarter to post a solid gain as companies generated more goods and services with little change in the number of hours their employees worked, the government reported Wednesday. U.S. productivity rebounds in second quarter Pros and cons of leading Romney veep candidates A look at how potential running mates Tim Pawlenty, Rob Portman or Marco Rubio can help or hurt Mitt Romney's candidacy. Pros and cons of leading Romney veep candidates Fed to Buy Treasurys for 'Twist' Wednesday The Federal Reserve is scheduled to buy long-dated Treasury securities Wednesday for its stimulus plan that extends the average maturity of the U.S. government debt sitting on its balance sheet. Fed to Buy Treasurys for 'Twist' Wednesday Bank of England chops growth, inflation forecasts Reduced forecasts for growth and inflation in the U.K. economy offer investors a signal the BOE could inject further stimulus in the coming months Bank of England chops growth, inflation forecasts Draghi's shrewd move History may well look on Mario Draghi's Aug. 2 news conference as one of the great master strokes of international politicking, writes Michael Casey. Draghi's shrewd move Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111