Stock picks for Wednesday May 26
( click to enlarge )MOT - Motorola seems to have a strong support around the $6.60 mark and the short-term chart shows a falling wedge, a bullish indicator. I think that investors are underestimating the potential of Motorola. This company it seems cheap at this level based on fundamental and the future prospects, it could be one of the best bets for the next months. It is only an honest opinion.
( click to enlarge )MGM crossed and closed above its 200 day SMA on the daily chart again today. Although the stock is still weak as MACD is below its signal line, bargain hunters came back as ROC shows the stock was oversold. In addition, the technical indicator KD now shows positive sign as %K line is now back above %D line.
( click to enlarge )LVLT lost 0.04 cents to close at 1.25. It penetrated below 1.20 but closed just above the open price. The MACD is displaying now a new bullish crossover.
( click to enlarge )ROYL has the opportunity to start new rally as %K line is again back above %D line.
Stocks that have a Bullish Engulfing pattern at the end of their daily chart
LVS - LAS VEGAS SANDS CP
AA - ALCOA
CMCSA - Comcast Corporation
AKS - A K STEEL HOLDING CORP
X - U S X-U S STEEL GRO
NLY - Annaly Capital Mana
FCX - FREEPORT MCMORAN
AMR - A M R CORP
GS - GOLDMAN SACHS GROUP
DOW - DOW CHEMICAL CO
MRK - Merck & Co
PLD - PROLOGIS TRUST
VOD - Vodafone Gp Plc
GENZ - Genzyme General
ABX - BARRICK GOLD CORP
XLY - Consumer Discretion
LUV - SOUTHWEST AIRLINES CO
GNW - GENWORTH FINCL INC
AUY - YAMANA GOLD INC
GG - GOLDCORP INC
DTV - Directv A
AES - A E S CORP
NEM - NEWMONT MINING CORP
TJX - TJX COMPANIES INC
ODP - OFFICE DEPOT INC
MT - Arcelormittal
HUN - HUNTSMAN CORPORATION
IP - INTERNATIONAL PAPER CO
UAUA - UAL CORP
STI - SUNTRUST BANKS INC
CMCSK - Comcast Corporation
MFA - Mfa Financial
JNPR - Juniper Networks
NUE - NUCOR CORP
GME - GAMESTOP CP
LNC - LINCOLN NATIONAL CORP
STLD - Steel Dynamics, Inc.
CHS - Chicos FAS Inc
AMZN - Amazon.com, Inc.
BEXP - Brigham Exploration Co
CBG - CB RICHARD ELLIS GR
CIEN - CIENA Corporation
ACI - ARCH COAL INC
PPL - PPL CORPORATION
CAL - CONTINENTAL AIRLINES
ADI - ANALOG DEVICES INC
SVU - SUPERVALU INC
BX - Blackstone Group LP
NRG - NRG Energy Inc
CHT - CHUNGHWA TELCOMM
CTSH - Cognizant Technolog
WYNN - Wynn Resorts LTD
PFG - PRINCIPAL FINANCIAL
ESV - Ensco Plc Adr
TWC - Time Warner Cable Inc
CCI - Crown Castle International
VMED - Virgin Media Inc
ATI - Allegheny Technolog
FNSR - Finisar Corporation
AEM - AGNICO EAGLE MINES LTD
CMC - COMMERCIAL METALS CO
FTI - FMC Technologies Inc.
HRP - HRPT PROPERTIES TRUST
LBTYA - Liberty Global Inc
CVC - CABLEVISION SYSTEMS
ANN - ANNTAYLOR STORES CORP
ILMN - Illumina, Inc.
JWN - NORDSTROM INC
CIG - CEMIG COMPANIA ENER
SOA - Solutia Inc
HCN - Health Care REIT Inc
RDS.A - ROYAL DUTCH SH A
FL - Foot Locker Inc
AGN - ALLERGAN INCORPORATED
TMX - TELEFONOS DE MEXICO
COG - CABOT OIL & GAS CORP
CE - CELANESE CORPORATION
RMBS - Rambus, Inc.
CCJ - CAMECO CORP
DT - DEUTSCHE TELEKOM AG
ARUN - Aruba Networks Inc
SNPS - Synopsys, Inc.
APD - Air Products
WRB - WR Berkley Corp
ROST - Ross Stores, Inc.
SFI - ISTAR FINANCIAL INC
SBAC - SBA Communications
LAZ - LAZARD LTD
AIZ - ASSURANT INC
CLX - CLOROX CO
XEC - Cimarex Energy Co
NETL - Netlogic Microsyste
CMO - CAPSTEAD MORTGAGE CORP
WLL - WHITING PETROLEUM CP
DRI - DARDEN RESTAURANTS INC
INFN - Infinera Corp
AVB - AVALONBAY COMMUNITI
UHS - UNIVERSAL HEALTH SV
DDS - DILLARDS INC CL A
DKS - DICKS SPORTING
TUP - Tupperware Brands
WHR - WHIRLPOOL CORP
SLAB - Silicon Laboratories
MPW - Medical Props TR
RS - RELIANCE STEEL & AL
GPC - GENUINE PARTS CO
CLI - MACK CALI REALTY CORP
VCI - VALASSIS COMM INC
SHLD - KMart Corp
GOLD - RANDGOLD RESOURCES
PAAS - Pan American Silver
NHP - NATIONWIDE HLTH PRO
DBRN - Dress Barn, Inc.
Earnings Announcements for Wednesday
99 CENTS Only - NDN
AFC Enterprises, Inc. - AFCE
American Eagle Outfitters Inc - AEO
Apollo Investment Corporation - AINV
Avago Technologies, Inc. - AVGO
Bank Of Montreal - BMO
BluePhoenix Solutions Ltd. - BPHX
Breeze-Eastern Corporation - BZC
Brown Shoe Company, Inc. - BWS
Charm Communications Inc. - CHRM
CHINA CRESCENT ENTERPRISES INC - CCTR.OB
Codexis, Inc. - CDXS
CORPBANCA - BCA
DIANA SHIPPING INC - DSX
DPAC Technologies Corp. - DPAC.OB
Dress Barn - DBRN
Fred's - FRED
Hoku Scientific, Inc. - HOKU
Horne International, Inc. - HNIN.OB
Jamba Juice - JMBA
Jo-Ann Stores, Inc. - JAS
LTX-CREDENCE CORP - LTXC
Mesa Laboratories - MLAB
MINES MGMT INC - MGN
mktg, Inc - CMKG
National Bank of Greece SA - NBG
NetApp, Inc. - NTAP
OMEGA NAVIGATION ENTERPRISES - ONAV
QIAO XING MOBILE COMMUNICATION CO LTD - QXM
ROSETTA GENOMICS LTD - ROSG
RUE21 INC - RUE
Semtech - SMTC
Sigma Designs - SIGM
Solarfun Power Holdings Co. Ltd. - SOLF
Sycamore Networks - SCMR
Synovis Life Technologies, Inc. - SYNO
Telvent - TLVT
Toll Brothers - TOL
Trintech - TTPA
VeriFone Holdings, Inc. - PAY
Vimpel Communications - VIP
WorldGate Communications, Inc. - WGAT.OB
Xinhua Sports & Entertainment Limited - XSEL
Zale Corporation - ZLC
Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
That's all folks. See you tomorrow !!!
AC
