AC Investor Blog: 09/01/2009

-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

Wednesday, September 30, 2009

Hot stocks for Thursday - Curis , JDS Uniphase and Cliffs Natural Resources

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The appetite for Curis shares have been increased over the recent weeks and probably will increase even more after yesterday presentation. The rumours behind a possible takeover by Roche or any other still also in place and the likelihood of this happening are high given the good results of the latest products developed. I got to my block of memory and went to investigate the latest companies bought by Roche. In 2007 there was a small cap biotech quoted at 0.15 that was bought by Roche by 0.60, exactly few days after the last presentation of the development of its products. Coincidence or not, we are experiencing something very similar. Nevertheless, Curis still has good cash in hands to continue its development work and has no debt, something very healthy for today's enterprises in this sector. I mentioned it here in recent weeks, after having detected a high flow of money into action. The recent healthy pull-back has been a good opportunity for investors who have lost the last rally. From a technical standpoint, the stock looks to have found a bottom the past few days. If the stock can break Wednesday’s high of $2.42, we should see another strong upside move. CRIS can be a hard stock to trade, in that it will move very quickly. Watch it closely and do not chase if you miss the entry price.

Market Capitalization: 155.47M
Average daily volume (3-month): 327,000 Shares
Closing Stock Price: $2.34
Debt: $0
Cash: $26.84M

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CLF - The technical daily chart shows a Bull Flag formation that should resolve itself to the upside in a thrust to new highs above 34.45. Generally, bull-flag patterns are continuation patterns that indicate a consolidation before a move upwards. Definitely keep this one on your watchlists.

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JDSU tried to break down on Wednesday, but the with a 3.19% jump to $7.11. There are buyers and if the market can turn around the stock should move as well. The daily technical indicators are reversing up and are advocating for a technical rebound. Resistance stays at $7.90. There is good upside in this trade, so keep watching JDSU for the next few days.

Other Stocks to Watch :

Today's candlestick pattern was a Bullish Engulfing

GCI - GANNETT CO INC
TLAB - Tellabs, Inc.
YUM - TRICON GLOBAL REST INC
SLE - SARA LEE CORP
CELG - Celgene Corporation
VMW - VMWARE
VCLK - ValueClick, Inc.
ALB - ALBEMARLE CORP
UTIW - UTI Worldwide Inc
DVA - DaVita Inc
CERN - Cerner Corporation
NZ - Netezza Corp
PNK - PINNACLE ENTERTAINMENT
SAPE - Sapient Corporation
NAVI - NaviSite, Inc.
DGI - Digitalglobe Inc
HSYT - Home System Group
CBEY - Cbeyond Inc

Today's candlestick pattern was a Bearish Engulfing

PFE - PFIZER INC.
XRX - XEROX CORP
KEY - KEYCORP
EBAY - eBay Inc.
BJS - B J SERVICES CO
EP - EL PASO CORP
WYNN - Wynn Resorts LTD
ACI - ARCH COAL INC
JCI - JOHNSON CONTROLS INC
CUZ - COUSINS PROPERTIES INC
ADSK - Autodesk, Inc.
MTL - MECHEL OAO
ZZ - SEALY CORPORATION
MAS - Masco Corporation
LMT - LOCKHEED MARTIN CORP
SVU - SUPERVALU INC
SII - SMITH INTL INC
JASO - JA Solar Holdings
CVG - CONVERGYS CORP
CTL - CENTURYTEL INC
CAM - Cameron Intl
ABB - ABB LTD
OMTR - OMNITURE INC
AEE - AMEREN CORP
GSAE - Green Star Alternative
DHR - DANAHER CORP
PTV - PACTIV CORPORATION
AGU - AGRIUM INC
NOC - NORTHROP GRUMMAN CORP
TEN - Tenneco Inc

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all Folks. See you tomorrow...
Cheers!

AC

Labels: CLF, CRIS, JDSU

22:55 | Permalink |

Tuesday, September 29, 2009

Stock Picks for Wednesday - Ambac Financial Group, Rambus and Research In Motion Limited

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ABK is in a good medium-term uptrend. The price has bounced off the low of 0.73 touched in late July. The price can head towards the 1.89-1.98 zone. If this zone is surpassed, getting to 2.18 would be a possibility. Add to your position once there is a close above 1.89. On the contrary, the key support for the stock is at $1.71. Closing below this levels are bearish for the stock as it could pullback to retest $1.56.

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In the short term, Rambus is still trading within an uptrend channel. The stock is sitting exactly on its 5 day-moving average at $17.17. Resistance is seen at $17.82 and $17.96. The key support for the stock is at $16.65. Closing below this levels are bearish for the stock as it could pullback to retest $15.68. So far the technical daily chart is still showing buy signal with stock trading above the major 5moving averages. Uptrend still relatively intact. The stock ended the day mixed but with a positive bias. I'm still bullish on the stock.

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RIMM had a strong bounce off the 66.56 level accompanied by a nice pickup in volume. Hopefully that trend continues. The price may rise to the 70-71.50 range in the short-term.

Other Stocks to Watch :

Today's candlestick pattern was a Bullish Engulfing

AUY - YAMANA GOLD INC
NIHD - NII Holdings Inc
FL - Foot Locker Inc
MBT - MOBIL TELESYSTEMS
TXRH - TEXAS ROADHOUSE INC
DV - DEVRY INC
LOOP - LOOPNET INC
EVEP - EV Energy Partners LP
EXK - ENDEAVOUR SILVER
SPWRB - SunPower Corp
PETS - Petmedexpress.com Inc
FCN - FTI Consulting Inc
BPZ - BPZ Resources
KR - KROGER CO

Today's candlestick pattern was a Bearish Engulfing

CTIC - Cell Therapeutics
USB - US Bancorp
AET - AETNA INC
AMAT - Applied Materials
ALU - ALCATEL
HD - HOME DEPOT INC
COMS - 3Com Corporation
GPS - GAP INC
V - VISA Inc
WLP - Wellpoint Inc
CAT - Caterpillar Inc
PEP - PEPSICO INC
LUV - SOUTHWEST AIRLINES CO
MFA - Mfa Financial
SWKS - SKYWORKS SOLUTNS
GGB - GERDAU USA
ADI - ANALOG DEVICES INC
SYY - SYSCO CORP
MOS - Mosaic Co
UPS - UPS
QSFT - Quest Software, Inc.
AMT - AMERICAN TOWER CORP
SVNT - SAVIENT PHARMS
NSC - NORFOLK SOUTHERN CORP
ALD - Allied Capital Corp
KMB - KIMBERLY CLARK CORP
THQI - THQ Inc.
RRC - Range Resources Corp
DF - DEAN FOODS INC
BEBE - bebe stores, inc.
HNT - Health Net Inc
IRBT - IROBOT CORPORATION
PGN - Progress Energy Inc
UQM - Unique Mobility Inc
BEAT - CardioNet Inc
MDCO - Medicines Company

That's all Folks. See you tomorrow...
Cheers!

AC

Labels: ABK, RIMM, RMBS

22:22 | Permalink |

Monday, September 28, 2009

Stock Picks for Tuesday - American International Group, Research In Motion Limited and Citigroup Inc.

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C - The stock is now set up nicely in a base for a potential breakout. The short-term trend remains bullish and the stock appears to be headed towards the target zone at $5. The technical chart shows the stock is currently in the rally as K line is rising on top of D line, indicate buy signal. Shareholders may remain invested with a stop- loss at $4.06.

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It looks like there is just limited downside risk in the stock at current levels. RIMM is short-term oversold technically, and due for a corrective bounce soon. The stock has a strong support at $65.68.

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AIG traded in a range on Monday, but this stock wants to make an upside move. I really like the daily chart and expect to see a move very soon. Resistance stays at $50,23, which was last Monday’s high. Once AIG breaks resistance, it should run to $60. The technical indicators are still in favor of the uptrend continuation.

Other Stocks to Watch :

Today's candlestick pattern was a Bullish Engulfing

CA - CA Inc
DNDN - Dendreon Corporation
LMDIA - Liberty Media Corp
PBCT - People's Bank
NWS - News Corp Ltd ADR
BP - BP AMOCO ADS
BEAV - BE Aerospace, Inc.
ROST - Ross Stores, Inc.
WYN - Wyndham Worldwide WI
CRGN - CuraGen Corporation
OSK - Oshkosh Corp
RPRX - Zonagen, Inc.
LYG - Lloyds Bankg Grp
STKL - SunOpta Inc
CERS - Cerus Corporation
TNDM - Neutral Tandem Inc

Today's candlestick pattern was a Bearish Engulfing

DAL - Delta Airlines
KGC - KINROSS GOLD CORP
ABAT - Buy It Cheap.com Inc
CEPH - Cephalon, Inc.
STSI - Star Scientific, Inc.
CHIP - VeriChip Corp
CBB - Cincinnati Bell
AEZS - Aeterna Zentaris Inc
AMCN - AirMedia Group Inc
NZ - Netezza Corp
MBCI - Smartec Holdings Inc
VRS - Verso Paper Corp
TITN - Titan Machinery Inc

US economic reports for the week 40

Tuesday, Sept. 29

10 am - Consumer confidence Sept. - 57.0 ~ 54.1

Wednesday, Sept. 30

8:15 am ADP employment Sept - (-298,000)
8:30 am GDP revision 2Q – (-1.2% ~ -1.0%)
9:45 am Chicago PMI Sept. – (52.0% ~ 50.0%)

Thursday, October 1

8:30 am Jobless claims Sept. - 530,000
8:30 am Personal income Aug. - 0.1% ~ 0.0%
8:30 am Consumer spending Aug. - 1.0% ~ 0.3%
10:00 am ISM Sept. - 53.5% ~ 52.9%
10:00 am Construction spending Aug. - 0.0% ~ 0.2%
10:00 am Pending home sales Aug. - 3.2%

Friday, October 2

8:30 am Nonfarm payrolls Sept. - 167,000 ~ 216,000
8:30 am Unemployment rate Sept. - 9.8% ~ 9.7%
8:30 am Average hourly earnings Sept. - 0.2% ~ 0.3%
8:30 am Average workweek Sept. - 33.1 hours ~ 33.1 hours
10:00 am Factory orders Aug. -0.4% ~ 1.3%

That's all Folks. Have a nice weekend !!!
Cheers!

AC

Labels: AIG, C, RIMM

21:34 | Permalink |

Friday, September 25, 2009

Stock Picks for next week - Bank of America Corporation , Curis, Inc. and Alcoa

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CRIS has been in the process of consolidating here for an another big up move. The stock has weathered the recent pullback without too much chart damage. It is actually pretty close to all time highs. The outlook remains bullish and the stock appears on course to move to new highs. Long positions may be considered on weakness, with a stop-loss at 2.17. The Technical chart shows positive sign as the stock has been above 200-day moving average since mid April and has formed golden cross earlier May. Honestly speaking, CRIS is one of my favourite stocks in the biotechnology sector. Keep an eye on it !!!!

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The technical daily chart is not all that impressive, but it does show that Alcoa broke out of a well defined channel and that it has started to print higher highs and lows. It's quite possible that the correction will be completed for AA next week. AA will be testing 15 very soon !

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BAC broke out of a nice base on a surge in volume towards the end of July. It has pulled back recently along with the general markets and is now looking for a bottom. The selling pressure wasn't much and the volume was light, which means the profit taking didn't seem to have much conviction. Here is the technical daily chart showing the breakout area and the subsequent consolidation pattern with a rising 50 day sma. I believe the optimism will be back after this healthy pullback !!!

Other Stocks to Watch :

Today's candlestick pattern was a Bullish Engulfing

SBUX - Starbucks Corporation
SYMC - Symantec Corporation
KO - COCA COLA CO
ATML - Atmel Corporation
PEP - PEPSICO INC
NI - NISOURCE INC
ANN - ANNTAYLOR STORES CORP
SCII - STEM CELL THERAPY
URS - U R S CORP
ISRG - Intuitive Surgical
AIZ - ASSURANT INC
SINA - sina.com
AZO - AUTOZONE INC NEVADA
LNT - Alliant Energy Corp
TRXOF - Terrane Metals
ATLS - ATLAS AMER INC
DRQ - DRIL QUIP INC
NNLX - INFECTECH INC

Today's candlestick pattern was a Bearish Engulfing

TGT - TARGET CORP
ROST - Ross Stores, Inc.
SCS - STEELCASE INC
RAH - RALCORP HOLDINGS INC
RGNC - REGENCY ENERGY
YONG - Golden Tan Inc
ROL - ROLLINS INC
ENT - Enterra Energy Corp
DYNT - Dynatronics Corporation
TRA - TERRA INDUSTRIES INC
FTR - Citizens Communications
MXWL - Maxwell Technologies

Other technical patterns :

CTIC - Cell Therapeutics - Breakdown
ART - Artio Global Investors Inc.- Breakdown
CXS - CreXus Investment Corp. - Breakdown
KBH - KB Home - Breakdown

That's all Folks. Have a nice weekend !!!
Cheers!

AC

Labels: AA, BAC, CRIS

23:08 | Permalink |

Thursday, September 24, 2009

Stock Market Ideas for Friday - Microsoft Corporation and Toll Brothers Inc

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TOL - The stock broke down its major support on increased volume today indicating a strong downmove in the coming days. Only the break of the prior support now resistance confirmed by a daily closing will support higher levels. Keep watching the stock for a major downmove if it breaks the next support at $19.42 on a close basis.

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MSFT - The technical daily chart show a continuation of the uptrend with MACD and RSI in the Bullish areas. However, both stochastic and RSI indicator is reaching the top end which indicates that the stock may be reaching overbought condition soon. For the long term the stock should still continue to go up. Resistance : $26.59 Support : $25.56

Other Stocks to Watch :

Today's candlestick pattern was a Bullish Engulfing

BKE - Buckle Inc
ASUR - Forgent Networks Inc
SABA - Saba Software, Inc.
PAS - PEPSI AMERICAS INC
CBBO - Columbia Bancorp
AMTY - Amerityre Corporation
ECOL - American Ecology Corp
NFBK - Northfield Bancorp Inc

Today's candlestick pattern was a Bearish Engulfing

RIMM - Research in Motion
YHOO - Yahoo! Inc
DELL - Dell Inc
AAPL - Apple Inc
LOW - LOWES COMPANIES INC
ZION - Zions Bancorporation
ALTR - Altera Corporation
MYL - Mylan Inc
INTU - Intuit Inc.
CY - CYPRESS SEMICONDUCTOR
NOVL - Novell, Inc.
VRSN - VeriSign, Inc.
XRX - XEROX CORP
AMKR - Amkor Technology, Inc.
GME - GAMESTOP CP
WDC - WESTERN DIGITAL CORP
ABAT - Buy It Cheap.com Inc
LXK - Lexmark International
VCLK - ValueClick, Inc.
HNZ - HEINZ H J CO

That's all Folks. See you tomorrow...
Cheers!

AC

Labels: MSFT, TOL

22:10 | Permalink |

Wednesday, September 23, 2009

Stock Market Ideas for Thursday - Alcoa and Bank of America

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BAC - The technical chart is showing bullish divergences in the MACD. This stock is moving in a band between 16.50 and 18 since August. BAC needs to stay above 16.30 to keep the long-term outlook positive. Hold the stock with a stop at this level. Breakout above 18.24 will take the price to 25.

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AA is currently setting up in a very nice uptrend channel since March Lows. Technically the stock looks solid trading above its 20 and 50 day moving averages. My model is long, targeting 15 area. The stock needs to stay above key level 13.79 to keep the bullish scenario intact.
Resistance Levels: $14,62, $14,92 / Support Levels: $14, $13.79

Other Stocks to Watch :

Today's candlestick pattern was a Bullish Engulfing

FIS - CERTEGY INC
NI - NISOURCE INC
ELN - ELAN CORP
MFE - Network Associates
MINI - Mobile Mini, Inc.
EPIC - Epicor Software
PKT - ZOWCOM INC
ENZ - ENZO BIOCHEM
GDI - GARDNER DENVER
AVAV - AeroVironment Inc
CDBT - Max Nutrition Inc
CRYP - Cryptologic Ltd
ASGN - On Assignment, Inc.
MGPI - MGP Ingredients Inc

Today's candlestick pattern was a Bearish Engulfing

C - CITIGROUP INC
LVS - LAS VEGAS SANDS CP
MGM - MGM MIRAGE
STX - Seagate Tech
DTV - Directv
KEY - KEYCORP
CMCSK - Comcast Corporation
EK - EASTMAN KODAK CO
STSI - Star Scientific, Inc.
JNJ - JOHNSON & JOHNSON
CPST - Capstone Turbine
CBS - CBS Cl B
NUAN - Nuance Communications
JOYG - Joy Global Inc
JASO - JA Solar Holdings
POT - POTASH
ADSK - Autodesk
LINTA - LIBERTY MED
VMED - Virgin Media Inc
ADCT - ADC Telecommunications
BA - BOEING CO
JCP - PENNEY J C CO INC
DRE - DUKE-WEEKS REALTY CORP
CIEN - CIENA Corporation
HCP - HCP Inc
DVN - Devon Energy Cp
FDX - FedEx Corporation

That's all Folks. See you tomorrow...
Cheers!

AC

Labels: AA, BAC

22:15 | Permalink |

Tuesday, September 22, 2009

Hot casinos stocks - Melco Crown Entertainment Ltd and Wynn Resorts

The casino stocks might prove to be a good bet in the coming weeks. They are lot of good news coming to the market that put some fuel in investors mind to bet in some remarkable names, such as Wynn Resorts Ltd , Melco Crown Entertainment Ltd. and Las Vegas Sands. According to Bloomberg, Macau will limit the commissions paid to junket operators to 1.25 percent of the betting chips purchased by high rollers, which could boost casino operator’s earnings from now on. I still technically covering some of these names over the recent days with a Bullish bias and I expect that can continue till the end of year. Most of these stocks are now in Breakout mode, therefore buying on deeps seems to be the best bet. It does not matter if they have doubled since March low, the casino stocks can move much higher from here. The trend is your friend until it ends.

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MPEL had a very bullish move today breaking several resistance lines with large volume. The stock broke out of a range, as the stock set new highs for 2009. This could be the start of a bigger move, which his why I'm watching the stock on Friday. Today’s high of $8.06 is resistance for the next upside move. The technical daily chart shows the stock is still in bull market as both 50 day and 200 day moving average are going up with MACD still above 0.

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The outlook remains bullish and the stock appears on course to move to the target zone of the 79-80 range. A break above 73.80 would confirm the possibility of a move up to the target price of 80. On the other hand, a decline below Rs 65.30 would blunt such a possibility. The technical daily chart shows the stock is in a strong bull market with 50 day moving average on top over 200 day moving average and MACD is above signal line.

Other Stocks to Watch :

Today's candlestick pattern was a Bullish Engulfing

LPX - LOUISIANA PACIFIC CORP
GSAT - Globalstar Inc
LBIX - Leading Brands Inc
VISN - VisionChina Media Inc
FRGB - First Regional Bancorp
MRVC - Mrv Comm Inc
WIT - Wipro Ltd
USAT - USA Technologies Inc

Today's candlestick pattern was a Bearish Engulfing

ORCL - Oracle Corporation
CMCSA - Comcast Corporation
AMGN - Amgen Inc.
USB - US Bancorp
TXN - TEXAS INSTRUMENTS INC
SYMC - Symantec Corporation
TEVA - Teva Pharmaceuticals
LUV - SOUTHWEST AIRLINES CO
XLNX - Xilinx, Inc.
CAG - CONAGRA INC
TGT - TARGET CORP
HOLX - Hologic, Inc.
MON - Monsanto Co
BBI - Blockbuster Inc
CI - C I G N A CORP
WLP - Wellpoint Inc
TIBX - TIBCO Software, Inc.
IMMU - Immunomedics, Inc.
CPWR - Compuware Corporation
PGR - PROGRESSIVE CORP
HYTM - HYTHIAM INC
QGEN - Qiagen N.V.
SHLD - KMart Corp
K - KELLOGG CO
SOA - Solutia Inc
DIOD - Diodes Incorporated
ABAT - Buy It Cheap.com Inc

That's all Folks. See you tomorrow...
Cheers!

AC

Labels: MPEL, WYNN

21:16 | Permalink |

Monday, September 21, 2009

Stock Market Ideas for Tuesday - Citigroup and Curis, Inc.

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Is the stock forming a bull flag? C has decline since its high of 5.42 on 28/8. It has found a channel down possibly forming a bull flag with lower highs and higher lows. Declining volume indicates an absence of concerted selling pressure. The price can head towards the 4.52-4.55 zone. If this zone is surpassed, getting to 4.70 would be a possibility. Add to your position once there is a close above 4.55.

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As you can see on the daily chart, CRIS has been under strong accumulation. The movement of the stock last week is promising and the short-term up trend can continue to take the stock higher. CRIS is now set up nicely in a base for a potential breakout, so keep an eye for a possible breakout over $2.54. For those planning to enter, a good entry point would be from 2.35-2.45 as long as it does not go below 2.30.

Other Stocks to Watch :

Today's candlestick pattern was a Bullish Engulfing

FNM - Fannie Mae
CSCO - Cisco Systems, Inc.
PALM - Palm, Inc.
TLAB - Tellabs, Inc.
ATVI - Activision, Inc.
DAL - Delta Airlines
CAL - CONTINENTAL AIRLINES
MPEL - Melco Crown Adr
APOL - Apollo Group, Inc.
YRCW - Yellow Roadway
CHRS - Charming Shoppes, Inc.
ESLR - Evergreen Solar Inc
AKAM - Akamai Technologies.
SWKS - SKYWORKS SOLUTNS
CIEN - CIENA Corporation
HNSN - Hansen Medical Inc
VMED - Virgin Media Inc
CNX - CONSOL Energy Inc
SOLF - Solarfun Power Holdings
AAI - AirTran Holdings, Inc

Today's candlestick pattern was a Bearish Engulfing

DEI - Douglas Emmett Inc
OWW - Orbitz Worldwide Inc
CSUH - Celsius Holdings Inc
UDR - UDR Inc
REV - Revlon Inc
ABR - ARBOR REALTY
NEP - DRACO HLDG CP
WW - WATSON WYATT WLD
CBLI - CLEVELAND BIOLABS

That's all Folks. See you tomorrow...
Cheers!

AC

Labels: C, CRIS

22:33 | Permalink |

Friday, September 18, 2009

Hot Stocks to Watch next week - American Oriental Bioengineering Inc. , Melco Crown Entertainment Ltd. and Juniper Networks

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I have been following this stock for a while and bought some after the major resistance level around 6.60 was broken. Honestly, MPEL looks like it could go to $10 even higher by the end of year. Nice growth, good expansion and management team. I believe the current uptrend is sustainable and I do expect that we will have a quick upward movement. According to the latest company report the company held approximately US$660 million of cash at the end of the second quarter, and they expect to have approximately US$176 million of capital expenditures at City of Dreams in the current quarter. The Grand Hyatt Macau is on track to open, which should be a significant driver of gaming revenue and market share to MPEL. Overall, the flux of news have been in favor of Bulls and the volume of shares trading hit the highest level of the recent months, for that reason I prefer to keep with my long position on stock respecting the breakout mode. After a strong runup since its September bottom (5.73) , MPEL looks poised to rally again from this small pullback. Present technical indicators are in favor of Bulls.

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JNPR has broken out today and made a new 52 week high during regular session, however shares fell below of their highs by the end of the day, to finish at $27.62. This is what strong stocks generally do in a rebound : break resistance, hold the breakout and continue higher. A move towards $28 can be expected as long as $27 holds. I would like to see at least a move above $28.80 before betting on a pull back. The technical daily chart shows a very strong upward momentum as the stock is above the 50 day moving average with both 200 day and 50 day moving average going up. In addition RSI and MACD also show very bullish signs.

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AOB has held support at the 5.35 level ( 50-day moving average ) and is displaying a screaming buy divergence on the upside. Momentum has hit new highs. Expect an initial run up to $5.67 with a break higher moving to the 5.95/6 zone. From a pure technical standpoint this chart tells you that the place to be in AOB is on the long side, with Stochastics and MACD indicators, both rising.

Other Stocks to Watch :

Today's Candlestick pattern was as follows: Bullish Engulfing

VG - Vonage Holdings Corp
AHR - Anthracite Capital Inc
SWY - SAFEWAY INC
PCU - Southern Copper Cp
TIBX - TIBCO Software, Inc.
CYTR - CytRx Corporation
ENCO - Covalent Group, Inc.
DLTR - Dollar Tree Inc
FTWR - FiberTower Corp
SWI - SolarWinds
ARRY - Array BioPharma Inc
HLTH - HLTH Corp
MDAS - MedAssets Inc
BLK - BLACKROCK INC
CAVM - Cavium Networks Inc
DGI - Digitalglobe Inc
CFX - Colfax Corp

Today's Candlestick pattern was as follows: Bearish Engulfing

C - CITIGROUP INC
LVS - LAS VEGAS SANDS CP
ATVI - Activision, Inc.
ECL - ECOLAB INC
ADI - ANALOG DEVICES INC
HOLX - Hologic, Inc.
MAT - MATTEL INC
CI - Cigna CORP
YGE - Yingli Green Energy
FDX - FedEx Corporation
SWN - SOUTHWESTERN ENERGY CO
MT - Arcelormittal
YRCW - Yellow Roadway
VRSN - VeriSign, Inc.
QLGC - QLogic Corporation
CTXS - Citrix Systems, Inc.
RRC - Range Resources Corp
SNPS - Synopsys, Inc.
LPL - LG Display Co
MYGN - Myriad Genetics, Inc.
MSCC - Microsemi Corporation
CPN - Calpine Corp
PDCO - Patterson Co
ZQK - Quiksilver Inc
HLIT - Harmonic Inc.
AKRX - Akorn, Inc.
SAPE - Sapient Corporation

That's all Folks. Have a nice weekend...
Cheers!

AC

Labels: AOB, JNPR, MPEL

23:35 | Permalink |

Thursday, September 17, 2009

Stock Market Ideas for Friday - Melco Crown Entertainment and Citigroup

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The stock regained some strength again. On daiy chart we can see that after breakdown to the downside of the former bullish channel support line, the stock is now push to the upside and testing the same line which now has become a resistance. The bias is bullish in nearest term testing 4.52 but remains unclear in medium term. The stock is above 50 day and 200 day moving average and if the upward trend can continue for another week and 50 day moving average can cross on top over 200 day moving average than the stock will be ready for a big rally.

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MPEL has had a bearish move recently. After breaking out to new highs, it has started to retest the previous resistance line, which is now the support. If the support holds, we may see a move back up to 7.73. The recent increase in trading volume suggests that this stock has caught the attention of some traders. The bias is bearish in nearest term testing 7 support area but remains bullish in medium term. On the technical side, the MACD indicator is going up showing a positive swing. In addition, the stock still trading above 50 day and 200 day moving average, also a bullish sign.

Other Stocks to Watch :

Today's pattern was as follows: Bullish Engulfing

MSFT - Microsoft Corporation
DNDN - Dendreon Corporation
SO - Tesoro Corp
RTN - RAYTHEON CO NEW
AMT - AMERICAN TOWER CORP
APOL - Apollo Group, Inc.
BEST - Shiner Intl Inc
VTG - Vantage Drilling
BKE - Buckle Inc
ITRI - Itron, Inc.
MDRX - Allscripts, Inc.
VLNC - Valence Technology
UTA - Universal Travel Group
TRP - Transcanada Corp

Today's pattern was as follows: Bearish Engulfing

AA - ALCOA INC
DAL - Delta Airlines
WMT - Wal-Mart Stores Inc
UAUA - UAL CORP
STX - Seagate Tech
TLAB - Tellabs, Inc.
TOL - TOLL BROTHERS INC
MFA - Mfa Financial
AVP - AVON PRODUCTS INC
FL - Foot Locker Inc
GLBL - Global Industries
CNXT - Conexant Systems
AVII - AVI BioPharma, Inc.
PGN - Progress Energy Inc
SONC - Sonic Corp.
TSL - Trina Solar Ltd
LIFE - Invitrogen Corporation
MED - Medifast Inc
LNT - Alliant Energy Corp

That's all Folks. See you tomorrow...
Cheers!

AC

Labels: C, MPEL

23:02 | Permalink |

Wednesday, September 16, 2009

US hot stocks for tomorrow - EarthLink, Inc. and Juniper Networks, Inc.

( click to enlarge )

ELNK had a strong day and broke through its resistance line. The volume confirmed the breakout, as it was greater than average. With technical chart showing strength as MACD is above signal and K line above D line , we could see the stock keep going up. Next resistance is at $9.52.

( click to enlarge )

JNPR broke through resistance at $27.01 accompanied with volume. We should be able to see some decent upside movement for the bulls here. This stock should run to at least $28.17 ( Oblique Major resistance ). On the technical side, the chart looks very good here and I expect a continuation of the upward movement.

Other Stocks to Watch :

COMS - 3Com Corporation ( Bullish Engulfing )
MCO - Moody's Corp ( Bullish Engulfing )
IVZ - INVESCO LTD ( Bullish Engulfing )
TYC - TYCO INTL LTD ( Bullish Engulfing )
PAYX - Paychex, Inc. ( Bullish Engulfing )
ALD - Allied Capital Corp ( Bullish Engulfing )
CTXS - Citrix Systems, Inc. ( Bullish Engulfing )
K - KELLOGG CO ( Bullish Engulfing )
SNPS - Synopsys, Inc. ( Bullish Engulfing )
NITE - Knight Capital Inc ( Bullish Engulfing )
OMC - OMNICOM GROUP INC ( Bullish Engulfing )
PDCO - Patterson Co ( Bullish Engulfing )
ROST - Ross Stores, Inc. ( Bullish Engulfing )
FCEL - FuelCell Energy, Inc. ( Bullish Engulfing )
ACM - Aecom Technology Corp ( Bullish Engulfing )
HEV - Enerl Inc ( Bullish Engulfing )
SNI - SCRIPPS NETWORKS INT ( Bullish Engulfing )
LHCG - LHC Group ( Bullish Engulfing )
MCRS - MICROS Systems, Inc. ( Bullish Engulfing )
UTIW - UTI Worldwide Inc ( Bullish Engulfing )

That's all Folks. See you tomorrow...
Cheers!

AC

Labels: ELNK, JNPR

22:38 | Permalink |

Tuesday, September 15, 2009

Stock Market Ideas for Wednesday - JDS Uniphase Corporation and Melco Crown Entertainment Ltd

( click to enlarge )

The stock reversed direction at 7.73 on Tuesday after making a new 52 week high. A strong trend would not be in place unless the stock closes above this level. Long-term investors who have entered at lower levels may take partial profits and have a stop-loss at $7 for the rest. Shareholders who prefer higher risks may hold with a stop-loss at $6.6. Fresh exposures may be considered on price weakness. A close above $7.73 may be used to enhance exposures. Stay tuned on MPEL.

( click to enlarge )

There appears to be marginal downside risk on JDSU from prevailing levels. The near-term trend is bullish and a move to the 8.30-8.40 range appears likely. The overall trend appears really positive.

Other Stocks to Watch :

EGO - Eldorado Gold Corp ( Bullish Engulfing )
VRSN - VeriSign, Inc. ( Bullish Engulfing )
ME - Mariner Energy Inc ( Bullish Engulfing )
GTN - Gray Television Inc ( Bullish Engulfing )
MCHP - Microchip Technology ( Bullish Engulfing )
DVA - DaVita Inc ( Bullish Engulfing )
HRS - HARRIS CORP ( Bullish Engulfing )
SVM - Silvercorp Metal ( Bullish Engulfing )
HW - Headwaters Inc ( Bullish Engulfing )
SAPE - Sapient Corporation ( Bullish Engulfing )
TUNE - Microtune Inc ( Bullish Engulfing )
PDC - Pioneer Drilling Co ( Bullish Engulfing )
GBCI - Glacier Bancorp, Inc. ( Bullish Engulfing )
CMIN - Nordic Nickel Ltd ( Bullish Engulfing )
IOC - Interoil Cp ( Bullish Engulfing )
CYMI - Cymer, Inc. ( Bullish Engulfing )
ALGT - Allegiant Travel Co ( Bullish Engulfing )
ZEUS - Olympic Steel, Inc. ( Bullish Engulfing )
YONG - Golden Tan Inc ( Bullish Engulfing )

That's all Folks. See you tomorrow...
Cheers!

AC

Labels: JDSU, MPEL

23:00 | Permalink |

Monday, September 14, 2009

Hot stocks for Tuesday - General Electric Company and JPMorgan Chase & Co.

( click to enlarge )

GE has made an awesome move on Monday breaking out of a major resistance line with volume backed confirmation. I went long at 15.04 as its quite possible we should see a short term move near $16/share. The technical chart shows bullish sign with K line on top of D line and MACD on top of signal line. The breakout from the resistance line is just a confirmation of the recent upward move.

( click to enlarge )

JPM breakout !!! The triangle represents a consolidation or rest after an advance. The breakout signals a continuation of the prior advance. As long as $43 holds, this breakout is in great shape. A move below $43 would question the breakout and further weakness below $41.60 would be outright bearish.

Other Stocks to Watch :

HGSI - Human Genome Scienc. ( Bullish Engulfing )
SPPI - Spectrum Pharmaceut. ( Bullish Engulfing )
GILD - Gilead Sciences, Inc. ( Bullish Engulfing )
HMA - Health Management A ( Bullish Engulfing )
ERIC - LM Ericsson ( Bullish Engulfing )
CAT - Caterpillar Inc ( Bullish Engulfing )
KLAC - KLA-Tencor Corporation ( Bullish Engulfing )
LSI - LSI Corp ( Bullish Engulfing )
COST - Costco Wholesale Co. ( Bullish Engulfing )
QLGC - QLogic Corporation ( Bullish Engulfing )
LRCX - Lam Research Corportion ( Bullish Engulfing )
MT - Arcelormittal ( Bullish Engulfing )
TRV - The Travelers Co ( Bullish Engulfing )
KWK - Quicksilver Resources ( Bullish Engulfing )
HOLX - Hologic, Inc. ( Bullish Engulfing )
NOVL - Novell, Inc. ( Bullish Engulfing )
AMX - America Movil SA ( Bullish Engulfing )

That's all Folks. See you tomorrow...
Cheers!

AC

Labels: GE, JPM

22:28 | Permalink |

Friday, September 11, 2009

US stocks to watch next week : Yahoo , Rambus and Melco Crown Entertainment

( click to enlarge )

The recent reversal in Rambus could be a buy signal. RMBS traded down on Friday, but not enough to make me stop watching. The volume was weak compared with recent sessions when prices rose, which means traders are not betting on the downside. I think the stock is still in a consolidation range, waiting to make a big move. This stock is going to have a big move and it should be to the upside.

A quick look at the technical chart :

1) Back above the 5 and 50 day average.
2) Volume increases on support levels (good sign)
3) RSI back above 50 level.
4) Money Flow-Index still climbing
5) The +DI crossed up through the -DI his week - Bullish.
6) 20 day moving average crossed the 50 day moving average to the upside.
7) 50 day moving average crossed the 200 day moving average to the upside.
8) Bullish divergence: price is decreasing, whereas MACD lines are going up.
9) Call Options Still going Strong.
10) Trend is still up.

I hope I am right ........

( click to enlarge )

The stock is losing momentum on upside. At this stage MPEL is too extended for additional positions, and is now in the overbought zone. I really like the chart but at this level I would wait for a pull back before putting any cash to work. That support you see on the chart corresponds to the oblique major support. Warning : a break below could send MPEL to the 6.4 to 6.3 $ levels.

( click to enlarge )

Yahoo has now a Bullish looking stock chart, price broke out from the horizontal resistance mark around $15.17 per share on heavy volume. In the short-term, I expect the current reversal in trend to continue. The technical daily chart shows the stock is now in a bull market as MACD is on top of signal line and K line is on top of D line, both indicating buy. In addition, the stock is on top of 50 day and 200 day moving average showing the stock is in bull market. Trend is up. Target is $16.25.

Other Stocks to Watch :

NURO - NeuroMetrix Inc. ( Price Break Out )
TA - TravelCenters of America LLC ( Price Break Out )
CQP - Cheniere Energy Partners LP. ( Price Break Out )
SCSS - Select Comfort Corporation ( Price Break Out )
IVAN - Ivanhoe Energy, Inc. ( Price Break Out )
ZRBA - Zareba Systems Inc. ( Price Break Out )
USEG - US Energy Corp. ( Price Break Out )
CMRO - Comarco, Inc. ( Price Break Out )
INOD - Innodata Isogen Inc. ( Price Break Out )
INFA - Informatica Corp. ( Price Break Out )
FCF - First Commonwealth Financial Corp. ( New Low )
EM - Emdeon Inc. ( New Low )
VHI - Valhi Inc. ( Inverted Head & Shoulders pattern )
CDZI - Cadiz Inc. ( Inverted Head & Shoulders pattern )
INTX - Intersections Inc. ( Inverted Head & Shoulders pattern )
TFSL - TFS Financial Corp ( Inverted Head & Shoulders pattern )
CBNJ - Cape Bancorp, Inc. ( Inverted Head & Shoulders pattern )
CTIC - Cell Therapeutics, Inc. ( Major support lies at 1.40 )
SIRI - Sirius XM Radio Inc. ( Major support lies at 0.60 )
NVAX - Novavax, Inc. ( Major support lies at 5.50 )
DNDN - Dendreon Corporation ( Major support lies at 23.55 )

Earnings Announcements for Monday, September 14

CRESY - Cresud S.A.C.I.F. y A. ( Time Not Supplied )
COOL - MAJESCO ENTERTAINMENT CO ( After Market Close )
NTSC - National Technical Systems, Inc. ( Before Market Open )
PLL - Pall Corp. ( After Market Close )
PMFG - Peerless Manufacturing ( Time Not Supplied )
SSL - Sasol Ltd ( Time Not Supplied )
SCLD - SteelCloud ( After Market Close )
SCMR - Sycamore Networks ( Before Market Open )
UNFY - Unify Corporation ( After Market Close )
WPCS - WPCS International Inc ( After Market Close )

US Earnings Calendar for September 15, 2009

ADBE - Adobe Systems ( After Market Close )
Best Buy Co., Inc.BBY ( Time Not Supplied )
CBRL - Cracker Barrel Old Country Store, ( Before Market Open )
NTWK - Netsol Technologies ( Time Not Supplied )
SYMX - SYNTHESIS ENERGY SYS INC ( Before Market Open )
KR - The Kroger Co. ( Time Not Supplied )

US Earnings Calendar for September 16, 2009

APOG - Apogee Enterprises, Inc. ( After Market Close )
CKR - CKE Restaurants ( After Market Close )
CLC - CLARCOR Inc. ( After Market Close )
DBRN - Dress Barn ( After Market Close )
DDMX - Dynamex ( After Market Close )
MLHR Herman Miller ( After Market Close )
ORCL - Oracle ( After Market Close )
VOL - Volt Information Sciences ( Before Market Open )

US Earnings Calendar for September 17, 2009

DFS - Discover Financial Services ( Before Market Open )
FDX - FedEx ( Before Market Open )
IHS - IHS Inc. ( After Market Close )
PALM - Palm, Inc. ( After Market Close )
PIR - Pier 1 Imports, Inc. ( Before Market Open )
PDEX - Pro-Dex Incorporated ( Time Not Supplied )
WNI - Schiff Nutrition International, Inc. ( Time Not Supplied )
SMTS - Somanetics Corporation ( Time Not Supplied )
MCS - The Marcus Corporation ( Before Market Open )

US Earnings Calendar for September 18, 2009

PTSX - Point.360 ( Time Not Supplied )

That's all Folks. Have a nice weekend !!!!
Cheers!

AC

Labels: MPEL, RMBS, YHOO

22:36 | Permalink |

Thursday, September 10, 2009

Stock Market Ideas for Friday - Juniper Networks and Level 3 Communications

( click to enlarge )

LVLT made a strong upside reversal today. The technical daily chart shows this is just the beginning of the rally as K line is now on top of D line. Although the stock is still weak as MACD is below 0 and the stock is below 50 day moving average, if LVLT can go up a few more days it will be back to bull market. There could be good upside in LVLT so watch the stock closely on Friday.

( click to enlarge )

JNPR moved with the tech rally on Thursday, as the stock closed up $.41 for the day. I'm watching JNPR on Friday, waiting for the stock to break July’s high of $26.97. Once the stock breaks through this high, we should see a strong upside move. This trade could have big upside, but it will be very volatile. JNPR will move quickly, so be ready for this move.

Other Stocks to Watch :

MNDO - MIND C.T.I., Ltd. ( Price Break Out )
INHX - Inhibitex Inc. ( Price Break Out )
LONG - eLong Inc. ( Price Break Out )
SHFL - Shuffle Master Inc. ( Price Break Out )
SMP - Standard Motor Products Inc ( Price Break Out )
SWKS - Skyworks Solutions Inc. ( Price Break Out )
PXLW - Pixelworks Inc ( Price Break Out )
TIII - Tii Network Technologies, Inc ( Price Break Out )
PSDV - pSivida Corp. ( Price Break Out )
JBSS - John B Sanfilippo & Son Inc. ( Price Break Out )

That's all Folks. See you tomorrow...
Cheers!

AC

Labels: JNPR, LVLT

20:12 | Permalink |

Wednesday, September 09, 2009

Stock Market Ideas for Thursday - Melco Crown Entertainment and Wynn Resorts

( click to enlarge )

MPEL - Today, the stock broke out on huge volume of over 9 Million shares. The technical daily chart shows a continuation of the trend with MACD and RSI in the Bullish areas. The MACD indicator is above its signal line and is indicating further strength. In addition, the RSI indicator is moving up above 50 and the +DI is greater than the -DI by a great margin, indicating a Bullish trend. Let's see if tomorrow the stock will confirm the breakout.

( click to enlarge )

WYNN is a candidate to be traded in breakout mode. The technical indicators are looking better for the stock with MACD indicator above its sell signal line, K line on top of D line and RSI indicator moving up from the 50 level. A close above 61.20 will impart bullishness and will help the stock move to the 69-70 band. For the long term the stock should still continue to go up.

Other Stocks to Watch :

IGT - International Game Technology ( Price Break Out )
KSS - Kohl's Corporation ( Price Break Out )
SWKS - Skyworks Solutions, Inc. ( Price Break Out )
VVUS - VIVUS, Inc. ( Price Break Out )
HITK - Hi Tech Pharmacal Co. Inc. ( Price Break Out )
ACFN - Acorn Energy, Inc ( Price Break Out )
TA - TravelCenters of America LLC ( Price Break Out )
MEDW - Mediware Information Systems Inc. ( Price Break Out )
MGI - Moneygram International Inc. ( Price Break Out )
FSII - FSI International Inc. ( Price Break Out )
ISTA - ISTA Pharmaceuticals Inc. ( Price Break Out )
KMB - Kimberly-Clark Corporation ( Oversold )
STI - SunTrust Banks, Inc. ( Oversold )
MDAS - MedAssets, Inc.( Oversold )
LRN - K12 Inc. ( Record Price Low )
AVAV - AeroVironment, Inc. ( Record Price Low )
GRO - Agria Corporation ( Head & Shoulders pattern )
NAK - Northern Dynasty Minerals Ltd. ( Head & Shoulders pattern )
RIC - Richmont Mines Inc. ( Head & Shoulders pattern )
POWL - Powell Industries, Inc. ( Head & Shoulders pattern )
JRJC - China Finance Online Co. Ltd. ( Head & Shoulders pattern )
HMSY - HMS Holdings Corp. ( Head & Shoulders pattern )
DUSA - DUSA Pharmaceuticals Inc. ( Head & Shoulders pattern )
ARTW - Art's-Way Manufacturing Co. Inc ( Head & Shoulders pattern )

That's all Folks. See you tomorrow...
Cheers!

AC

Labels: MPEL, WYNN

18:59 | Permalink |

Tuesday, September 08, 2009

Hot Stocks to Watch - JDS Uniphase Corporation , Rambus and JA Solar Holdings Co

Chart courtesy of www.stockcharts.com ( click to enlarge )

As I mentioned on Twitter last Friday, I keep holding my long position in Rambus waiting for something BIG. There are lot of strange things currently happening that many of us don’t know, but it’s a fact that people still believe that a huge deal between Samsung and Rambus may be in place. I’m one of the believers too. Well, looking now at the technical chart the stock is in a rally as K line is rising on top of D line as the price is back above 50 day moving average. Fresh exposures may be considered on price weakness, with a stop-loss at 16.70. Further rally is now in favor and target would be 19.94. Key support is now at 16,70, only fall below could take price back towards 16.

Chart courtesy of www.stockcharts.com ( click to enlarge )

JDSU has made an awesome move on Tuesday breaking out of a small resistance line. The technical chart shows bullish sign with K line on top of D line and MACD on top of signal line. Resistance is now $7,41, which was today’s high.

Chart courtesy of www.stockcharts.com ( click to enlarge )

In line with my anticipation, the stock confirmed today the reversal when it broke up above the $3.61 level. The stock price is now riding on an upward movement. Technically, my model remains long, targeting 4.32 ( 50 dma ). Immediate support is seen at 4 area. CCI heading up towards -100 line on daily chart. JASO can be a good trading stock, so watch it closely on Tuesday.

That's all Folks. See you tomorrow...
Cheers!

AC

Labels: JASO, JDSU, RMBS

18:40 | Permalink |

Saturday, September 05, 2009

Stock Market Ideas for next week - Yahoo , JA Solar Holdings and Trinity Industries

Chart courtesy of www.stockcharts.com ( click to enlarge )

TRN was very strong on Friday as the stock closed up $0.35 with a nice volume. The stock is back at the top of its range and could make a breakout move soon. Resistance is $16.03, which is the high of this range. I'm buyer of TRN once it breaks through this high on a close basis. Keep TRN on your screen throughout the day on Monday.

Chart courtesy of www.stockcharts.com ( click to enlarge )

The short bullish momentum of YHOO continued today. The stock topped at$14.64 and closed at $14.50, up 0.22 cents (+1.54%) on volume of 17M. My model remains long, targeting 15.22 ( 50 dma ). Immediate support is seen at 14.24 area. CCI heading up towards -100 line on daily chart. YHOO can be a good trading stock, so watch it closely on Monday.

Chart courtesy of www.stockcharts.com ( click to enlarge )

JASO has recovered nicely and can potentially set-up very well for a swing-trade if the stock breaks through the resistance level at $3.61. Technical indicators are becoming more favorable with MACD and Stochastics starting to turn up. There could be good upside in this trade, so watch JASO closely next week.

Labels: JASO, TRN, YHOO

00:30 | Permalink |

Friday, September 04, 2009

US Earnings Calendar for next week

Earnings Announcements for Tuesday, September 8

AeroVironment, Inc. - AVAV ( After Market Close )
Alloy - ALOY ( After Market Close )
C&D Technologies, Inc. - CHP ( Before Market Open )
Casey's General Stores - CASY ( After Market Close )
Flow International - FLOW ( After Market Close )
FuelCell Energy - FCEL ( After Market Close )
Mitcham Industries - MIND ( After Market Close )
Nobel Learning Communities - NLCI ( After Market Close )
Palatin Technologies - PTN ( Time Not Supplied )
Pep Boys - PBY ( After Market Close )
ROSETTA GENOMICS LTD - ROSG ( After Market Close )
Smithfield Foods - SFD ( Before Market Open )
Xinyuan Real Estate Co., Ltd. - XIN ( Before Market Open )

Earnings Announcements for Wednesday, September 9

Globecomm Systems Inc. - GCOM ( After Market Close )
Investors Real Estate - IRET ( After Market Close )
K12 INC - LRN ( Before Market Open )
Korn Ferry International - KFY ( Time Not Supplied )
Lakeland Industries - LAKE ( Before Market Open )
Mediware Information Systems - MEDW ( Time Not Supplied )
Men's Wearhouse - MW ( After Market Close )
NCI Building Systems, Inc. - NCS ( After Market Close )
Ocean Power Technologies, Inc. - OPTT ( Time Not Supplied )
Piedmont Natural Gas - PNY ( Time Not Supplied )
Rex Stores Corporation - RSC ( Before Market Open )
Rural/Metro - RURL ( Before Market Open )
Shuffle Master, Inc. - SHFL ( After Market Close )
Signet Jewelers Ltd - SIG ( Before Market Open )
Spartech - SEH ( After Market Close )
Streamline Health Solutions, Inc. - STRM ( After Market Close )
Talbots - TLB ( Time Not Supplied )
Titan Machinery Inc. - TITN ( Before Market Open )
United Natural Foods - UNFI ( Before Market Open )
Zale Corporation - ZLC ( Before Market Open )

Earnings Announcements for Thursday, September 10

AEP Industries - AEPI ( Time Not Supplied )
BAKERS FOOTWEAR GROUP INC - BKRS ( Before Market Open )
COMARCO - CMRO ( After Market Close )
Finisar - FNSR ( Time Not Supplied )
Hooker Furniture Corporation - HOFT ( Time Not Supplied )
Industrie Natuzzi - NTZ ( Time Not Supplied )
Lantronix, Inc. - LTRX ( After Market Close )
lululemon athletica inc. - LULU ( Time Not Supplied )
MDS Inc. - MDZ ( Time Not Supplied )
MEDICAL NUTRITION USA INC - MDNU ( Before Market Open )
MGP Ingredients - MGPI ( Before Market Open )
National Semiconductor - NSM ( After Market Close )
Stewart Enterprises, Inc. - STEI ( Time Not Supplied )
The Descartes Systems Group - DSGX ( Before Market Open )
Volt Information Sciences - VOL ( Time Not Supplied )

Earnings Announcements for Friday, September 11

Aceto - ACET ( Before Market Open )
Brady Corporation - BRC ( Time Not Supplied )
Campbell Soup - CPB ( Time Not Supplied )

AC

21:40 | Permalink |

Thursday, September 03, 2009

Stock Market Ideas for Friday - Juniper Networks and Yingli Green Energy Hold

Chart courtesy of www.stockcharts.com ( click to enlarge )

Technical indicators are looking better for YGE. The stock has been on a rise recently as K line is on top of D line indicating a buy signal. MACD suggesting that YGE downtrend could be coming to an end. A breakout above the resistance line ( 20-day moving average ) on the daily chart would confirm this. It does not necessarily mean that the stock trend would change from down to Up but it could be the start of a base building period. Remain invested with a stop loss at $10.75.

Chart courtesy of www.stockcharts.com ( click to enlarge )

JNPR crossed its 5-day moving average and closed up $0.38 at $23.41. The momentum indicators are attempting to turn up from oversold levels. The technical daily chart above shows new rally has just begun as K line has just crossed on top over D line. In addition low ROC at oversold level should also attracts more buyers. However some weakness remains as stock is trading below the 50-day moving average. JNPR needs to close above $23.50 on a daily basis in order to mitigate the negative near term view.

Other Stocks to Watch :

Energy XXI (BERMUDA) LTD - EXXI ( Earnings Announcement Before Market Open )
H&R Block, Inc.- HRB ( Earnings Announcement Before Market Open )
RG Barry Corp - DFZ ( Earnings Announcement Before Market Open )
Wimm-Bill-Dann Foods WBD - ( Earnings Announcement )
Cisco Systems, Inc. - CSCO ( Bullish Engulfing )
Comcast Corporation - CMCSA ( Bullish Engulfing )
Yingli Green Energy Hold. Co. Ltd. - YGE ( Bullish Engulfing )
National Semiconductor Corporation - NSM ( Bullish Engulfing )
Agilent Technologies Inc. - A ( Bearish Engulfing )
Thompson Creek Metals Company, Inc. - TC ( Bearish Engulfing )
Plains Exploration & Production Company - PXP ( Bearish Engulfing )
Las Vegas Sands Corp. - LVS ( Bullish Harami )
Research In Motion Limited - RIMM ( Bullish Harami )
Itau Unibanco Banco Holding - ITUB ( Bullish Harami )
Sirius XM Radio Inc. - SIRI ( MACD Bearish Cross )
3Com Corporation - COMS ( MACD Bearish Cross )
Mylan Inc. - MYL ( MACD Bearish Cross )
Broadcom Corporation - BRCM ( MACD Bearish Cross )
Sepracor Inc. - SEPR ( MACD Bullish Cross )
Siliconware Precision Industries - SPIL ( MACD Bullish Cross )
Pan American Silver Corp.- PAAS ( MACD Bullish Cross )
Minco Gold Corporation - MGH ( New High )
Bon-Ton Stores Inc. - BONT ( New High )
IAMGOLD Corp. - IAG ( New High )
Curis Inc. - CRIS ( New High )
Transcept Pharmaceuticals, Inc. - TSPT ( New High )
Nanometrics Inc. - NANO ( New High )
Golden Star Resources, Ltd. - GSS ( New High )
Del Monte Foods Co. - DLM ( New High )
Vical Inc. - VICL ( New High )
Rubicon Minerals Corporation - RBY ( New High )
WGNB Corp. - WGNB ( New Low )
Dearborn Bancorp Inc. - DEAR ( New Low )
Nobel Learning Communities Inc. - NLCI ( New Low )
The9 Limited - NCTY ( New Low )
Energy Conversion Devices, Inc. - ENER ( New Low )

Economic Calendar for Friday, Sept. 4 :

8:30 am Nonfarm payrolls Aug. -250,000 -247,000
8:30 am Unemployment rate Aug. 9.5% - 9.4%
8:30 am Average hourly earnings Aug. 0.2%
8:30 am Average workweek Aug. 33.1 hours

Labels: JNPR, YGE

22:20 | Permalink |

Wednesday, September 02, 2009

Stock Market Ideas for Thursday - JA Solar Holdings Co. and Sirius XM Radio Inc.

Chart courtesy of www.stockcharts.com ( click to enlarge )

JASO - Wednesday, JASO bounced back the last part of the day, as the stock closed up $0.08 on the day. At this stage the stock is oversold and could bounce. Despite weak signal from MACD in the technical daily chart as MACD and signal line are below 0, the technical indicator KD line is showing strength where K line has just rose on top of D line indicating buy. I'm using the 200-day moving average at $3.60 as a reversal resistance level for this move. I notice also a bullish divergence formed on the daily chart supporting a bounce from these levels.

Chart courtesy of www.stockcharts.com ( click to enlarge )

SIRI is looking pretty bearish after the top and then a failed consolidation. Several indicators point towards a substantial short-term change. Looking at the daily chart the stock broke down today, reversing a two-month uptrend. In addition, MACD fast line crossed below slow line, another bearish signal for stock in short term. First support is at $0.583 with stronger support down at $0.55. A clear break and close below these levels would indicate further down moves in the stock, as new bearish formations would get confirmed.

Other Stocks to Watch :

Ciena Corporation - CIEN ( Earnings on Thrusday Before Market Open )
Jackson Hewitt Tax Service Inc. - JTX ( Earnings on Thrusday Before Market Open )
Methode Electronics - MEI ( Earnings on Thrusday Before Market Open )
Teekay Corporation - TK ( Earnings on Thrusday Before Market Open )
UTi Worldwide Inc. - UTIW ( Earnings on Thrusday Before Market Open )
Labrador Technologies, Inc. - LTX ( Earnings on Thrusday Before Market Open )
Shanda Interactive Entertainment Ltd. - SNDA ( Earnings on Thrusday After Market Close )
The Cooper Companies, Inc. - COO ( Earnings on Thrusday After Market Close )
Ulta Salon, Cosmetics & Fragrance, Inc. - ULTA ( Earnings on Thrusday After Market Close )
Esterline Technologies - ESL ( Earnings on Thrusday After Market Close )
G-III Apparel Group - GIII ( Earnings on Thrusday After Market Close )
ArcSight, Inc. - ARST ( Earnings on Thrusday After Market Close )
Cell Therapeutics, Inc. - CTIC ( Key Support 1.50 )
Vonage Holdings Corp. - VG ( Key Resistance 2.07 )
The Mosaic Company - MOS ( Bullish Engulfing )
Amkor Technology, Inc. - AMKR ( Bullish Engulfing )
Alliance One International, Inc. - AOI ( Bullish Engulfing )
Genworth Financial, Inc. - GNW ( Bearish Engulfing )
Kraft Foods Inc. - KFT ( Bearish Engulfing )
Bank of America Corporation - BAC ( Bearish Engulfing )
Taiwan Semiconductor Mfg. - TSM ( Bearish Engulfing )
EpiCept Corporation - EPCT ( Unusual Volume )
BCB Bancorp Inc. - BCBP ( Unusual Volume )
Imperial Industries Inc. - IPII ( Unusual Volume )
SMF Energy Corporation - FUEL ( Unusual Volume )
Youbet.com Inc. - UBET ( Oversold )
Digi International Inc. - DGII ( Oversold )
Acorn International, Inc. - ATV ( Oversold )
Capitol Federal Financial - CFFN ( Oversold )
Cypress Bioscience, Inc. - CYPB ( Oversold )
Enery Conversion Devices, Inc. - ENER ( Oversold )
TranS1, Inc. - TSON ( Oversold )
Copano Energy LLC - CPNO ( Oversold )
Evergreen Solar Inc. - ESLR ( Oversold )
Tekelec - TKLC ( Oversold )
CPI Corp. - CPY ( Oversold )
Enersis S.A. - ENI ( Oversold )
CenturyTel, Inc. - CTL ( Unusual Call Option Volume )
Golden Star Resources Ltd. - GSS ( Unusual Call Option Volume )
Royal Gold, Inc. - RGLD ( Unusual Call Option Volume )
CommScope, Inc. - CTV ( Unusual Call Option Volume )
Take-Two Interactive Software - TTWO ( Unusual Put Option Volume )
Edison International - EIX ( Unusual Put Option Volume )
CB Richard Ellis Group - CBG ( Unusual Put Option Volume )
Medifast, Inc. - MED ( Unusual Put Option Volume )
Agnico-Eagle Mines Limited - AEM ( Unusual Put Option Volume )

That's all Folks. See you tomorrow...
Cheers!

AC

Labels: JASO, SIRI

22:34 | Permalink |

About Me

I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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Disclaimer: I am a 48 year old Independent Trader using propriety technical analysis with more than 20 years experience of investing in the stock markets. I started this blog in 2006 simply as a way to share my thoughts on the market.Please keep in mind that My blog contains only my personal opinion and is provided for informational purposes only, and no mention of a particular security constitutes a recommendation to buy,sell, or hold that or any other security. My past results are not necessary indicative of future performance.Any trades or investments are committed at your own risk. I am not a professional money manager. Always consult your broker for any of your investment decision.Trade at your own risk. All opinion in this blog is intended for educational purpose only and AC Investor is by no means liable for any potential damages that may be incurred from this information.Trade at your own financial risk as I assume no responsibility for your investing decisions in the markets.

AC Investor Blog

Seeking to provide independent day trading strategies based on Technical Analysis.

Wednesday, September 30, 2009

Hot stocks for Thursday - Curis , JDS Uniphase and Cliffs Natural Resources

Tuesday, September 29, 2009

Stock Picks for Wednesday - Ambac Financial Group, Rambus and Research In Motion Limited

Monday, September 28, 2009

Stock Picks for Tuesday - American International Group, Research In Motion Limited and Citigroup Inc.

Friday, September 25, 2009

Stock Picks for next week - Bank of America Corporation , Curis, Inc. and Alcoa

Thursday, September 24, 2009

Stock Market Ideas for Friday - Microsoft Corporation and Toll Brothers Inc

Wednesday, September 23, 2009

Stock Market Ideas for Thursday - Alcoa and Bank of America

Tuesday, September 22, 2009

Hot casinos stocks - Melco Crown Entertainment Ltd and Wynn Resorts

Monday, September 21, 2009

Stock Market Ideas for Tuesday - Citigroup and Curis, Inc.

Friday, September 18, 2009

Hot Stocks to Watch next week - American Oriental Bioengineering Inc. , Melco Crown Entertainment Ltd. and Juniper Networks

Thursday, September 17, 2009

Stock Market Ideas for Friday - Melco Crown Entertainment and Citigroup

Wednesday, September 16, 2009

US hot stocks for tomorrow - EarthLink, Inc. and Juniper Networks, Inc.

Tuesday, September 15, 2009

Stock Market Ideas for Wednesday - JDS Uniphase Corporation and Melco Crown Entertainment Ltd

Monday, September 14, 2009

Hot stocks for Tuesday - General Electric Company and JPMorgan Chase & Co.

Friday, September 11, 2009

US stocks to watch next week : Yahoo , Rambus and Melco Crown Entertainment

Thursday, September 10, 2009

Stock Market Ideas for Friday - Juniper Networks and Level 3 Communications

Wednesday, September 09, 2009

Stock Market Ideas for Thursday - Melco Crown Entertainment and Wynn Resorts

Tuesday, September 08, 2009

Hot Stocks to Watch - JDS Uniphase Corporation , Rambus and JA Solar Holdings Co

Saturday, September 05, 2009

Stock Market Ideas for next week - Yahoo , JA Solar Holdings and Trinity Industries

Friday, September 04, 2009

US Earnings Calendar for next week

Thursday, September 03, 2009

Stock Market Ideas for Friday - Juniper Networks and Yingli Green Energy Hold

Wednesday, September 02, 2009

Stock Market Ideas for Thursday - JA Solar Holdings Co. and Sirius XM Radio Inc.

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