Ugh! Just look at the depressing news today.

• Oil set a new record of $146 during intraday trading.

• The economy lost 62,000 jobs last month.

• The stock market has now given back all of its gains for the past two years.

Despite the negative sentiment that's gripped Wall Street, I have to admit that I love this market. I know what you must be thinking, "Navellier's finally lost his marbles!"

Possibly, but the more important reason why I love this market is that it's clearing out all the suckers. If you remember from last week, I gave you the names of 23 stocks to sell. Look what's happened in just a few days. First, Starbucks announced that it's shutting down 600 stores. Now there's talk of GM going bankrupt!

A Panicky Market Means Opportunity

Why is this good news? Because it's precisely the kind of panic you see at market lows. This doesn't mean I'm predicting that the broad market is about to turn around (certainly not for GM or Starbucks), but this is causing more investors to zero in on stocks with rock-solid fundamentals–and that's exactly the kind of stocks I recommend in my Quantum Growth trading service.

In just a minute I'll tell you about one of my favorite Quantum plays right now, and why every investor should own this stock before it reports earnings. But first, I want to extend this exclusive offer for my Quantum Growthtrading service. You can sign up today for one-year of Quantum Growth for just $2,500. That's half off our regular price!

But you must act quickly. This is a limited-time offer, so please join us today.

If you're not familiar with Quantum Growth, it's one of the "must-read" investment advisories on Wall Street. We now have a large following in nearly every investment house in the country, and many more around the world. I like to think of Quantum Growth as the great equalizer–it's the one service that brings institutional level research to the individual investor.

Our Quantum Growth service is just like our other investment services, except its turbo-charged for stock traders. Our Quantum Buy List represents the best of the best on Wall Street. Only one stock in 300 is chosen.

The Quantum Advantage

Every week, my team and I go through thousands of stocks and test and retest them against dozens of variables. It's sort of like boot camp for the stock market. At the end, only a very few are left.

Our results have been nothing short of astounding. Over the last 10.5 years, our Quantum Buy List has returned over 1,448%. That's lapped the market 36 times!

But the best part is that the second half of 2008 is shaping up to be one of our best stretches ever. That's why I want to extend to you this extraordinary offer.

You can sign up today for one year of Quantum Growth for $2,500. I'm so confident you'll enjoy Quantum Growth that I'm willing to include this risk-free guarantee. If you don't like Quantum Growth or the returns don't match your expectations, you can cancel at anytime for any reason within the first six months and get all of your money back. No questions asked.

I'm making this special Independence Day offer because many of you at "What's Working on Wall Street Now" have asked about Quantum, and how we've consistently generated our superior returns for so long. But I have to warn you that Quantum is not for everyone–it's designed for people who like quick-moving profits. For example, we made 51% profits in Rochester Medical in just eight weeks and 70% in Amrep in just 11 weeks. My Quantum trading service moves fast and the profits can pile up quickly.

Sohu.com: A Quantum Gem

This brings me back to why I'm so happy. Earnings season kicks off in a few days, and that's when the worthy stocks are separated from the unworthy stocks.

I'll give you a perfect example. In a few days, Sohu.com Inc. (SOHU) will report its results for the second quarter. This company is in the sweet spot of several investment trends that are dominating the world right now. Sohu.com is a China-based Internet portal. In fact, the company is the official content sponsor for the Beijing Olympics, which kick off in just one month–talk about huge revenue opportunity!

But here's the fact most analysts don't get: Like many companies in the U.S., Sohu has found a highly profitable niche with Internet games. Computer games aren't child's play anymore, they're as big a business as Hollywood. A year ago, Sohu launched "Tian Long Ba Bu," and the game has turned into a smash hit. Kids all over China are addicted to this game. Consider that last quarter Sohu's non-advertising income jumped 570%.

Now that's a Quantum Growth stock!

In April, Sohu told Wall Street to expect earnings-per-share of 72 to 75 cents (not including some compensation charges). Personally, I think Sohu is low-balling investors. Remember that last quarter, the company earned 55 cents a share, which beat the Street by 19 cents! The stock zoomed up 14% the next day, and I think it could happen again. So my advice is to get into Sohu.com before the earnings report comes out near the end of the month.

That's all for now. The stock market is closed tomorrow for Independence Day, so I hope everyone has a wonderful long weekend–and please remember to take advantage of our half-off sale to my Quantum Growth service! I'll have the next issue of "What's Working On Wall Street Now" next Thursday, July 10. Enjoy your long weekend!

Sincerely,

Louis Navellier