Subprime is threatening to take every stock in its path down. It’s August. The financial media outlets can’t figure out what the market will do tomorrow. Rumors and weather pattern changes are causing stocks to plummet and turn on a dime. That can mean only one thing. It’s a great time to trade.

Call me crazy, insane, out to lunch or perhaps brilliant, but I love this market. It’s better than finding out that you’re the next contestant on the Price is Right. Come on down.

Traders love volatility and this market is serving it up like a grocery store with an overstuffed freezer full of meat that’s about to go bad.

Is Revlon (Symbol: REV) now a trade? In my June 14, 2007 article, “Revlon Remains Flat,” I told you that Revlon would stumble by 10-20% over the summer. It’s happened.

Revlon was $1.36 when I wrote that article and today it closed at $1.04—about 25.5% down. It’s dropped about 10 cents per share over the past couple of trading days.

While the company isn’t worth going long in, it might be worth trading. I think this trade is especially appealing for those with limited capital.

Today Ford reported second quarter earnings of 31 cents per share profit, which surprised almost everyone. The market was expecting a net loss. However, this profit blip on the financial map doesn’t mean Ford is out of the woods.

If you recall, I wrote an article about Ford back on June 20, 2007 where I stated that the stock would decline as the company was in trouble. Since that time, Ford’s stock, which was trading above $9, has fallen to the $8 level.

Ford’s surprise helped the stock as share prices rose 1.51% to close at $8.09 Thursday. It’s up another 1% in after-hours trading, but that’s to be expected. Ford holders were starved for anything resembling good news.

Don’t expect Ford to report annual profits anytime soon. Ford said they don’t expect to see an annual profit until 2009—and that might be just a tad optimistic.

It’s earnings season and that means one thing—pointless sell offs. This week we saw some good companies take hits. That’s good news for you.

One of the keys to making money in the stock market is to buy good companies on the dips.

Today, I’ll present you with three stocks I like for fast profits. I believe it’s possible to make returns of 5-10% or more in these stocks within the next quarter.

Caterpillar (Symbol: CAT) has had a nice run over the past year, but its 2Q earnings, which were reported Friday morning, were down 21%, and that sent share prices lower.

Despite a rise in revenue of 7%, earnings sill dropped. The company is citing a weak North American market and higher operating costs—a common theme these days.

Caterpillar posted earnings per share of $1.24, which was 28 cents per share lower than the same period last year and below the expectations of $1.42 - $1.54 per share.

CAT closed at $83.20 on Friday—a drop of $3.78 (4.35%) per share. The stock is continuing to decline slightly in after-hours trading.

The U.S. Securities and Exchange Commission’s Web site, SEC.gov, should be bookmarked by every serious investor. The site is full of wonderful information. Today, I’ll take a look at one of my favorite SEC filings—form 13F.

The SEC requires all institutional investment managers who have investment capital of $100 million or more in Section 13(F) securities to file Form 13F. This move, authorized in the 1970s, was done to help provide transparency.

Okay, let’s cut to the chase. If you go to the SEC’s Web site and view Form 13F for a company, you’ll be looking at their stock holdings—as of the report cutoff date.

Is not having a lot of money to invest holding you back? I know many people who aren’t investing in anything, because they think millions are needed.

It doesn’t take a fortune to begin an investment portfolio. Today, I will pretend that I have $500 to start my own stock portfolio.

In my faux portfolio, I’m taking up four positions—to be diversified. One of those positions is very speculative, but it will give me that “home run” potential.

A company’s stock is rocketing upwards, because sales are expected to explode. There’s just one problem. By the time you’ve learned this wonderful news, the stock has already pierced 52-week highs. Depression sets in. You’re “late to the party” again. Or are you?

It’s not too late to capitalize.

As part of my educational series on FinancialRebel.com, I felt it was important to define microcap stocks.

Microcap stocks aren’t defined well at all. Even the SEC (U.S. Securities and Exchange Commission) does a poor job at telling investors what a microcap stock actually is.

According to the SEC’s Web site, a microcap stock is for a company with “micro or low capitalization.” And if that’s not vague enough, they add that a microcap stock is usually for a company with “limited” assets.

Still confused on what constitutes a microcap stock? You’re not alone.

Last week, at Six Flags Kentucky Kingdom, a teenage girl suffered an injury while enjoying the Superman Tower of Power ride. Evidently, a cable snapped and caused the injury.

It didn’t take long for the stock to pullback on the news. Friday, Six Flags (Symbol: SIX) closed down 3.84% to $6.26. It had been as low as $6.22 on the day and trading volume was more than double its three-month average (4,336,400).