Voted MLB's best ballpark in 2008, Cleveland's Progressive Field boasts the name of Ohio-based Progressive Corp. (NYSE: PGR).

Drawn down by the financial crisis and credit freeze of 2008, Progressive fell to $10 per share. With it now trading around $16, I consider the stock a bullish candidate given its fundamental strength and the fact that 82% of the analyst community ranks this stock as a "hold." I think the analysts will wake up and start upgrading the stock, driving buyers back into the insurer.

Baseball fans worldwide continue to warm themselves around the glow of the television to watch the Phillies and Yankees battle it out in the World Series.

Well, sports fans, I know you're psyched, but I have something just as exciting for you: six home run trades.

Peter Lynch had his "take a walk down Main Street" style of investing, so let's call this the "take me out to the ball game" approach to trading. I'm going to give you six trades that I think will knock it out of the park.

Alcoa Inc. (NYSE: AA) started off the new earnings season with disappointing results that helped to stifle the recent rally. Was that enough of a sign of what's to come? No, probably not. But the earnings reports start to fly in earnest this week, which should provide a more detailed picture of the state of things.

Analysts surveyed by Thomson Reuters anticipate that some of the biggest names will prove to be holding their own. Google Inc. (NASDAQ: GOOG) is expected to post a profit of $4.91 per share, marginally higher than a year ago, and Johnson & Johnson's (NYSE: JNJ) expected $1.22 per share profit is slightly lower year over year. Even Mattel Inc.'s (NYSE: MAT) estimated loss of $0.13 per share is the same as in the year-ago period.

With many market commentators becoming increasing bullish as the market continues its move higher, trading expert Richard Rhodes cautions, "The tectonic plates beneath the market are shaking."

Th editor of The Rhodes Report explains, "Each day, we watch the current rally powering higher; and, each day we find our indicators becoming more and more overbought. While we are concerned about the overbought conditions, we are most concerned by the 'mini-mania' that has gripped stocks and the fact that this sharp rally is as narrow a rally as we have seen in many years."

He notes that the percentage of stocks above their 10-day and 200-day moving averages are now less than what they were at the February peak. He explains, "When the broader market rallies – then we want all the generals and troops moving together on a united front – and clearly this isn't the case.

And while noting that this is "worrisome," he also recognizes that it is foolhardy to attempt and call a short term top. He says, "We continue to believe that from a fundamental perspective that the probability of a bear market is higher than many anticipate at this time – however, the technicals don't yet support this." He quips, "It will end when it ends and not a day sooner."