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Wednesday, June 30, 2010 

Stock Picks for Thursday July 01

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The stock attempted to push higher on today's trading session, slipped above $50, topped at $50.88 but this was just a false breakout as the stock retreat lower and closed at $49.26. Generally a false breakout lead to significant downside momentum. A Break below $49.13 could signal further downward momentum targeting $45 area.

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The stock continued its bearish momentum today, bottomed at 32.10 but closed a little bit higher at 32.33. The main scenario remains to the downside targeting $30.90 support area. Immediate resistance at 35.95/36 region and the minor trendline resistance at $36.90. A Break above that area could lead us into neutral zone in nearest term but as long as price move inside the major bearish channel the bearish scenario remains intact.

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UNF - Shares of Unifirst Corporation soar today on good earning news. The stock price has crossed the 20-day moving average to the upside, a buy signal and an indication that the stock price may have finally reached its bottom in mid-June. Next resistance level is $45.30 ( 50 dma ). Support level is $43.15. I will keep on eye on this stock.

New 52-week High stocks

EW - EDWARDS LIFESCIENCE
IDT - IDT Corp
MIL - MILLIPORE CORP
CPNO - COPANO ENERGY LLC UTS
LOOP - LOOPNET INC
TICC - TICC Capital Corp
MNRO - Monro Muffler Brake
DXCM - DEXCOM
PTY - Pimco Corporate Opp

New 52-week Low stocks

YHOO - Yahoo! Inc
ADBE - Adobe Systems Incorporation
MON - Monsanto Co
RIMM - Research in Motion
SCHW - Charles Schwab Corp
WAG - WALGREEN CO
BK - Bank Ny Mellon
SPLS - Staples, Inc.
GT - GOODYEAR TIRE & RUB
SVU - SUPERVALU INC
STT - STATE STREET CORP
COCO - Corinthian Colleges
APOL - Apollo Group, Inc.
IDTI - Integrated Device T
MYGN - Myriad Genetics, Inc.
IM - INGRAM MICRO INC
MFE - MCAFEE, Inc.
GRS - GAMMON GOLD
AFFY - Affymax Inc
LAZ - LAZARD LTD
CCJ - CAMECO CORP
FUQI - Fuqi International
FTE - France Telecom ADS
TDW - TIDEWATER INC
ORITD - Oritani Financial Corp
WDR - WADDELL & REED FINL
PAG - UNITED AUTO GROUP INC
RBA - RITCHIE BROS AUCTION
HSC - HARSCO CORP
WG - WILLBROS GROUP INC
IPI - Intrepid Potash Inc
NGG - National Grid Trans
CEDC - Central European Di
SONC - Sonic Corp
UTA - Universal Travel
DNB - Dun And Bradstreet
BCO - Brinks Company

List of stocks whose MA 13 crossed above the MA 50 ( Bullish Cross )

CAT - Caterpillar Inc
LLTC - Linear Technology C
SSN - Samson Oil & Gas Ltd
YGE - Yingli Green Energy
NYT - New York Times Co
CTCM - CTC MEDIA INC
VAR - Varian Medical Systems
HEV - Enerl Inc
APCVZ - Fresenius Kabi Phar
SIMG - Silicon Image, Inc.
SYT - Syngenta AG
WSO - WATSCO INC
SIGA - SIGA Technologies Inc.
BMOD - BIOMODA INC
APSG - Applied Signal Tech
LLNW - Limelight Networks Inc
GIM - TEMPLETON GLOBAL IN
CRN - CORNELL COMPANIES INC
XTEX - Crosstex Energy LP
WAVX - Wave Sys Corp A
ROIC - Retail Opps Investments
FTEK - Fuel Tech

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.

Good luck to all,

AC

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Tuesday, June 29, 2010 

Stocks to watch for Wednesday June 30

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Shares of Gigamedia soared 12.44% or 27 cents to $2.45 per. The technical daily chart shows the stock is in a rally as K line is rising on top of D line as the price is back above 20-day moving average. In addition, the short-term downtrend line has been broken. At this stage, we can expect to see higher prices in the weeks to come. Another bullish indicator is the MACD which has made a cross over and bullish momentum has returned to the stock. The stochastics have turned up and RSI is now back in a neutral position. All short-term indicators are in upward path.

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Shares of Nokia have been in a steep decline since April, falling more than 45% from its highs near $16 per share. The technical chart pattern does not inspire confidence and NOKIA's stock could continue its downward trajectory. In addition, the daily price chart also shows a dead cross where the 50-day moving average crossed below the 200-day moving average, signaling the beginning of a bear market trend. With this in mind, any rally attempt must be considered a bear market corrective rally and not the start of a new bull market trend. Thus, the major direction of this stock is still in the downward direction. Next support for Nokia shares is only at $7.77.

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MSFT's stock is like a falling knife, it keeps falling and falling. Technically, the chart looks horrible and the short-term trend is bearish, but the stock is now in oversold conditions and may rise back soon. Stay tuned.

New 52-week Low stocks

XOM - EXXON MOBIL CORP
YHOO - Yahoo! Inc
RIMM - Research in Motion
QCOM - QUALCOMM Incorporated
NOK - NOKIA CORP
WAG - WALGREEN CO
SCHW - Charles Schwab Corp
AKS - A K STEEL HOLDING CORP
ERTS - Electronic Arts Inc.
WU - Western Union
AMTD - TS Ameritrade Holdings
MON - Monsanto Co
JCP - PENNEY J C CO INC
PBCT - People's Bank
SVU - SUPERVALU INC
KBH - Kaufman and Broad H
JNS - Janus Capital Group
MOS - Mosaic Co
MFC - MANULIFE FINANCIAL
APOL - Apollo Group, Inc.
PDE - PRIDE INTL INC
BKS - BARNES & NOBLE INC
COCO - Corinthian Colleges
IM - INGRAM MICRO INC
TIVO - TiVo Inc.
MFE - MCAFEE, Inc.
ORITD - Oritani Financial Corp
AFFY - Affymax Inc
CCJ - CAMECO CORP
MYGN - Myriad Genetics, Inc.
ES - EnergySolutions Inc
SONC - Sonic Corp.
WDR - WADDELL & REED FINL
TDW - TIDEWATER INC
BRKL - Brookline Bancorp
VE - VEOLIA ENVIROMENT ADS
ONXX - ONYX Pharmaceutical
ESI - I T T EDUCATIONAL SVCS
TM - TOYOTA MOTOR CORP
IPI - Intrepid Potash Inc

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.

Good luck to all,

AC

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Monday, June 28, 2010 

Stocks to watch for Tuesday June 29

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Shares of Citigroup closed again above its 200-day moving average of $3.99, a bullish sign that puts the next stage of resistance at $4.09 ( 50-dma ). On the technical chart, we can see a few things going on here. First, the stock is testing a horizontal trendline acting as potential resistance. Also, stochastics are indicating a trend reversal to the upside. Last, and definitely not least, we can see that the money seems to be flowing into the stock as indicated by the OBV.

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This is another stock I am watching closely. GNTB can pop big time on any positive news. The technical daily chart is showing a double bottom here. In addition %K line has just crossed on top over %D line showing strong buy signal as ROC is at oversold level. On balance volume is also showing positive divergences. I will look to buy if the stock breaks above 0.345.

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LVLT has pulled back into support and may offer some value here.

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AMZN is at critical support near $115.94. The stock could go either way depending on how it deals with a major trendline.

Other stocks to watch :

Earnings Announcements for Tuesday, June 29

Advanced Photonix - API
COMMUNITYSOUTH FINANCIAL CORP - CBSO.OB
Dara Biosciences - DARA
Euro Tech Holdings Co Ltd - CLWT
Exfo Electro-Optical Engineering - EXFO
FNB United Corp. - FNBN
Friedman Industries - FRD
General Mills, Inc. - GIS
Leading Brands - LBIX
OMNOVA Solutions - OMN
Parlux - PARL
Sealy Corp. - ZZ
US DATAWORKS INC - UDWK.OB
Worthington Industries - WOR

New 52-week High stocks

NEM - NEWMONT MINING CORP
EGO - ELDORADO GOLD CP
SLW - Silver Wheaton
BVF - BIOVAIL CORPORATION
OVTI - OmniVision Technologies
ENTR - Entropic Communication
TIBX - TIBCO Software, Inc.
UXG - US Gold Corp
SUN - SUNOCO INC
AIPC - AMERICAN ITALIAN PA
VRX - I C N PHARMACEUTICAL
GOLD - RANDGOLD RESOURCES
NBIX - Neurocrine Bioscien
PPO - Polypore International
ENZN - Enzon, Inc.
ILMN - Illumina, Inc.
COO - COOPER COS INC NEW
NXTM - NXSTAGE MEDICAL INC
CPNO - COPANO ENERGY LLC UTS
SRCL - Stericycle, Inc.
LOOP - LOOPNET INC
VSI - Vitamin Shoppe

New 52-week Low stocks

NOK - NOKIA CORP
RIMM - Research in Motion
QCOM - QUALCOMM Incorporated
KBH - Kaufman and Broad H
JCP - PENNEY J C CO INC
AMTD - TS Ameritrade Holdings
MON - Monsanto Co
SVU - SUPERVALU INC
IM - INGRAM MICRO INC
AFFY - Affymax Inc
AGD - ALPINE GLOBAL DYNAM
BRKL - Brookline Bancorp
NMR - NOMURA HOLDINGS

List of stocks whose MA 13 crossed above the MA 50 ( Bullish Cross )

LLY - LILLY ELI & CO
NSM - NATIONAL SEMICONDUCTOR
HGSI - Human Genome Scienc
ADM - ARCHER DANIELS MIDL
ABB - ABB LTD
SLM - USA EDUCATION INC
PHG - Koninklijke Philips
CLNE - Clean Energy Fuels
NUAN - Nuance Communications
UN - UNILEVER N V
CCK - CROWN CORK & SEAL I
LBTYA - Liberty Global Inc
NEE - Nextera Energy
FTO - FRONTIER OIL CORP
NSC - NORFOLK SOUTHERN CORP
RVBD - Riverbed Technology
ALKS - Alkermes, Inc
ACL - Alcon Inc
USU - USEC INC
OC - Owens Corning Inc

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.

Good luck to all,

AC

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Friday, June 25, 2010 

Hot stocks to watch next week

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MOT recently cleared a base and has come back to retest the breakout area. You can see that the recent gains have come on relatively strong volume. Looking at the technical chart, it appears that a break above $7.39, the stock can easily touch $7.76. In addition the on balance volume has been on the upswing since February. MOT is defenitely worth a watch in 2010.

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CCI seems to be forming a cup and handle formation. The break-out price is above 39.86. As long as the price stays above 38.37 I think this stock is still good. Watch out also for the crossing of the 13 day MA at $38.73.

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C continued to move downward this week and no break-out from the ascending triangle happened. Even though the stock moved lower, it's somehow respecting the support line formed from May preventing it from moving downward any further. Looking at the technical chart, this stock seems to be forming a large ascending triangle with resistance at $4.02. A break above this level with large volume would confirm the formation. Possible target price for the ascending triangle formation is at around $4.50.

Other stocks to watch :

New CCI Sell Signals

AATI Advanced Analogic Technologies Inc.
ACXM Acxiom Corp.
ADAT AuthentiDate Holding Corp.
ADSK Autodesk, Inc.
AHCI Allied Healthcare Intl Inc.
AIRM Air Methods Corp.
AMRI Albany Molecular Research, Inc.
AMZN Amazon.com, Inc.
ANDS Anadys Pharmaceuticals Inc.
ARWR Arrowhead
ASPS Altisource Portfolio Solutions S.A.
ATHN Athenahealth Inc.
ATLS Atlas Energy, Inc.
AUXL Auxilium Pharmaceuticals Inc.
BEXP Brigham Exploration Co.
BGEM Blue Gem Enterprise
BGNN B Green Innovations, Inc.
BLDP Ballard Power Systems, Inc.
BLTA Baltia Airlines Inc.
BRKL Brookline Bancorp, Inc.
BYOC Beyond Commerce Inc.
CALVF Caledonia Mining Corp.
CAST ChinaCast Education Corp.
CBAK China BAK Battery, Inc.
CBRL Cracker Barrel Old Country Store, Inc.
CCBG Capital City Bank Group
CCIX Coleman Cable Inc.
CCRT CompuCredit Holdings Corp.
CDXC ChromaDex Corp.
CEDC Central European Distribution Corp.
CIDM Cinedigm Digital Cinema Corp.
CIEN CIENA Corp.
CME CME Group Inc.
CMIN Constitution Mining Corp.
COGO Comtech Group Inc.
COLB Columbia Banking System, Inc.
COLM Columbia Sportswear Co.
COSI Cosi, Inc.
COST Costco Wholesale Corp.
CPLA Capella Education Co.
CRZO Carrizo Oil & Gas, Inc.
CSCO Cisco Systems, Inc.
CSGS CSG Systems Intl, Inc.
CSKI China Sky One Medical, Inc.
CSRH Consorteum Holdings, Inc.
DDMX Dynamex, Inc.
DRAD Digirad Corp.
DRIV Digital River, Inc.
DYAX Dyax Corp.
EBAY eBay, Inc.
EHMI ECHOMETRIX, Inc.
ELCR Electric Car Co., Inc.
ENER Energy Conversion Devices, Inc.
ENSG Ensign Group Inc.
ENTG Entegris, Inc.
EPAY Bottomline Technologies, Inc.
ERFW ERF Wireless, Inc.
ESRX Express Scripts, Inc.
EXPD Expeditors Intl of Washington, Inc.
EXPE Expedia, Inc
FDML Federal-Mogul Corp.
FEEC Far East Energy Corp.
FEIC FEI Co.
FFCH First Financial Holdings, Inc.
FFIC Flushing Financial Corp.
FLEX Flextronics Intl Ltd.
FORR Forrester Research, Inc.
FUQI Fuqi International Inc.
GBCI Glacier Bancorp, Inc.
GKSR G&K Services, Inc.
GLNG Golar LNG Ltd
GLUU Glu Mobile Inc.
GNTX Gentex Corp.
GOOG Google, Inc.
GRAN Bank of Granite Corp.
GRPR Grid Petroleum Corp.
GTLS Chart Industries Inc.
HAIN Hain Celestial Group, Inc.
HCSG Healthcare Services Group, Inc.
HFGB Huifeng Bio-Pharmaceutical Technology, Inc.
HOLX Hologic, Inc.
HPOL Harris Interactive, Inc.
HTCO Hickory Tech Corp.
IBOC International Bancshares Corp.
IDTI Integrated Device Technology, Inc.
III Information Services Group Inc.
IIIN Insteel Industries, Inc.
INAP InterNAP Network Services Corp.
INSP InfoSpace, Inc.
IPAR Inter Parfums, Inc.
IPXL Impax Laboratories Inc.
IRIS IRIS International Inc
ISCO International Stem Cell Corp
ISIL Intersil Holding Corp.
ISIM Insight Management Corp.
ISTA ISTA Pharmaceuticals, Inc.
IVAN Ivanhoe Energy, Inc.
JCOM j2 Global Communications Inc.
JOSB Jos. A. Bank Clothiers, Inc.
JST Jinpan Intl Ltd.
KITD KIT digital, Inc.
LAYN Layne Christensen Co.
LEAP Leap Wireless Intl, Inc.
LGDI Legend Intl Holdings, Inc.
LMIA LMI Aerospace, Inc.
LPHI Life Partners Holdings, Inc.
LWSN Lawson Software, Inc.
LYTS LSI Industries, Inc.
MATW Matthews Intl Corp.
MERC Mercer Intl, Inc.
MMRF MMR Information Systems, Inc.
MYL Mylan Laboratories Inc.
NABI Nabi
NDSN Nordson Corp.
NEWS NewStar Financial Inc.
NVLX Nuvilex Inc.
NVTL Novatel Wireless, Inc.
NWBO Northwest Biotherapeutics, Inc.
OCFC OceanFirst Financial Corp.
OKSB Southwest Bancorp, Inc.
OMCL Omnicell Inc.
OTT Otelco Inc.
PETM PETsMART, Inc.
PHUN PetroHunter Energy Corp.
PLAB Photronics, Inc.
PNFP Pinnacle Financial Partners, Inc.
PNRA Panera Bread Co.
POSC Positron Corp.
PRFT Perficient, Inc.
PRKR ParkerVision, Inc.
PRPX Portec Rail Products Inc.
PRWT PremierWest Bancorp
PSSI PSS World Medical, Inc.
PVRS Providence Resources, Inc.
PVSP Pervasip Corp.
PYMX PolyMedix Inc.
QCOM QUALCOMM Inc.
QKLS QKL Stores, Inc.
RCII Rent-A-Center, Inc.
RDIAF Rockwell Diamonds Inc.
REXI Resource America, Inc.
RFMD RF Micro Devices, Inc.
RPRX Repros Therapeutics
RRD Donnelley R R & Sons Co.
RRGB Red Robin Gourmet Burgers Inc.
RSCR Res-Care, Inc.
SCVL Shoe Carnival, Inc.
SEED Origin Agritech Ltd.
SLAB Silicon Laboratories, Inc.
SNCR Synchronoss Technologies, Inc.
SNDA Shanda Interactive Games Ltd.
SPU SkyPeople Fruit Juice, Inc.
STRL Sterling Construction Co. Inc.
TBSI TBSI International plc
TECD Tech Data Corp.
TIVO TiVo, Inc.
TMBXF Tombstone Exploration Corp.
TOPS TOP SHIPS Inc.
TQNT TriQuint Semiconductor, Inc.
TRMK Trustmark Corp.
TROW T. Rowe Price Associates, Inc.
TSRA Tessera Technologies Inc.
TXCC TranSwitch Corp.
UBSI United Bankshares, Inc.
ULBI Ultralife Batteries, Inc.
UMBF UMB Financial Corp.
UTIW UTi Worldwide Inc.
WOLF Great Wolf Resorts Inc.
XOMA XOMA Ltd.
XXIA Ixia
YHOO Yahoo!, Inc.
YRCW YRC Worldwide Inc.
ZINC Horsehead Holding Corp.
ZN Zion Oil and Gas, Inc.

List of stocks whose CMF is Improving

AAPH American Petro-Hunter Inc.
ALOY Alloy, Inc.
BSGC BigString Corp.
CHMD China Media Group Corp.
CIRC CirTran Corp.
CLMT Calumet Specialty Products Partners L.P.
ECPN El Capitan Precious Metals Inc.
EMMS Emmis Communications Corp.
ENHT enherent Corp.
GEGI Genesis Electronics Group Inc.
ICAD icad, inc.
MATK Martek Biosciences Corp.
MMRF MMR Information Systems, Inc.
NYNY Empire Resorts, Inc.
PONE Protection One, Inc.
PWRM Power3 Medical Products, Inc.
RLRN Renaissance Learning, Inc.
SIRI Sirius XM Radio Inc.
SOEN Solar Enertech Corp.
VRAD Virtual Radiologic Corp.
XTEX Crosstex Energy GP, L.P.

List of stocks whose CMF is declining

AAGH Asia Global Holdings Corp.
AINV Apollo Investment Corp.
ALTI Altair Intl, Inc.
APAC APAC Customer Services, Inc.
AVEO AVEO Pharmaceuticals Inc.
AVOE Avro Energy, Inc.
BBND BigBand Networks Inc.
BGCP BGC Partners, Inc.
BPFH Boston Private Financial Holdings, Inc.
BSOM Todays Alternative Energy Corp.
CABL China Cablecom Holdings, Ltd.
CAST ChinaCast Education Corp.
CECO Career Education Corp.
CHKE Cherokee, Inc.
CRBC Citizens Republic Bancorp
DPTR Delta Petroleum Corp.
ERFW ERF Wireless, Inc.
EXOU Exousia Advanced Materials Inc.
FARO FARO Technologies, Inc.
GEVI General Environmental Management Incorporated
GLNG Golar LNG Ltd
HFGB Huifeng Bio-Pharmaceutical Technology, Inc.
IIVI II-VI Inc.
INFI Infinity Pharmaceuticals, Inc.
JBLU JetBlue Airways Corp.
LAMR Lamar Advertising Co.
LBSV Liberty Silver Corp.
LFVN Lifevantage Corp.
LOPE Grand Canyon Education Inc.
LTBR Lightbridge Corp.
MCRS MICROS Systems, Inc.
MIPI Molecular Insight Pharmaceuticals Inc.
MMTC Micro Imaging Technology Inc.
MRNA MDRNA, Inc.
MXWL Maxwell Technologies, Inc.
NENE New Energy Technologies, Inc.
NEON Neonode Inc
NEPH Nephros Inc.
PRPX Portec Rail Products Inc.
RMTI Rockwell Medical Technologies, Inc.
SDTH ShengdaTech, Inc.
SNIC Sonic Solutions
SWIR Sierra Wireless, Inc.
UFPI Universal Forest Products, Inc.
YRCW YRC Worldwide Inc.

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.

Good luck to all,

AC

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Thursday, June 24, 2010 

Stocks to watch on June 25

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LVS opened strong but closed weak with above average volume. Selling pressure is picking up and a move below $25 would be bearish.

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ZION has broken its bullish trend and technical indicators are turning lower again suggesting another leg down.

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DELL failed to close above the resistance level of 14. This resulted in a sharp drop today. The recent price patterns suggest that the downward move on Friday could continue. A decline to the 12.36-12.78 range appears likely. A close below $12.36 would impart further weakness and would push the stock to the $11.6-$12 range.

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ROYL - Looking at the technical chart, we can see a Doji at the bottom after a steep downtrend. The next two days will confirm if a new uptrend will take place.

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FRPT failed to follow-through to the upside after yesterday's rally. Major support is now located at $3.99 while resistance is located at $4.29.

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The decline in YGE over the last few days looks like a bull flag is in progress. This is a potentially bullish pattern that requires confirmation with an upside breakout.

Other stocks to watch :

News

AVAV - AeroVironment reports Q4 EPS 71c vs. consensus of 59c
HRB - H&R Block reports Q4 EPS $2.10 vs. consensus of $2.04
ORCL - Oracle reports Q4 adjusted EPS 60c vs. consensus of 54c
RIMM - Research in Motion reports Q1 EPS $1.38 vs. consensus of $1.34
SNX - SYNNEX Corporation reports Q2 EPS 70c vs. consensus of 68c
TIBX - Tibco reports Q2 EPS 15c vs. consensus of 13c
ACN - Accenture reports Q3 EPS 73c vs. consensus of 69c

Stocks that have a Bullish Engulfing pattern at the end of their daily chart

MI - MARSHALL & ILSLEY CORP
COCO - Corinthian Colleges
SRE - SEMPRA ENERGY
WEC - WISCONSIN ENERGY CORP
SJM - Smucker JM Co
HANS - Hansen Natural Corp
BRKR - Bruker Corp
HTS - Hatteras Financial
NBIX - Neurocrine Bioscien
FTNT - Fortinet Inc
SAFM - Sanderson Farms, Inc.
GEO - WACKENHUT CORRECTIONS
ICLR - ICON plc
HTLD - Heartland Express
BEC - BECKMAN COULTER INC
SLXP - Salix Pharmaceutical

Stocks that have a Bearish Engulfing pattern at the end of their daily chart

NLY - Annaly Capital Mana
SWKS - SKYWORKS SOLUTNS
GGB - GERDAU USA
TSO - Tesoro Corp
XLNX - Xilinx, Inc.
CCE - COCA COLA ENTERPRIS
TJX - TJX COMPANIES INC
TLB - TALBOTS INC
GNA - GERDAU AMERISTEEL CP
CRM - SALESFORCE.COM INC
UPL - ULTRA PETROLEUM CP
JCG - J CREW GROUP INC
AVGO - Avago Technologies
SAP - Sap Ag
BG - BUNGE LTD
FTE - France Telecom ADS
CHU - CHINA UNICOM LTD
AEZ - AMER OIL & GAS INC
SPWRB - SunPower Corp
BUD - Anheuser-Busch Inbe
SFSF - SuccessFactors Inc
OMN - OMNOVA SOLUTIONS INCQ
VPRT - Vistaprint Nv
SIGA - SIGA Technologies Inc.
ITRI - Itron, Inc.

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.

Good luck to all,

AC

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Hot stocks to watch on June 24

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RTK has been in a range over the past month. The stock traded 2x normal daily volume in the last trading sessions, and is setting up to make a move through resistance. The $1.08 level has been a top for the stock since late May. If RTK can break through this resistance level, the stock should have a nice move on the upside.

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FRPT traded up on Wednesday and I am looking for a continuation move today. The stock made a high of $4.29 for the day and closed at $4.27, but I want to let it trade through $4.40, before I buy. The technical indicators are showing a bullish bias and the recent news could help this stock to break through this resistance level now that the company is making Millions in new contracts.

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VRX made a new 52 week on Wednesday, hitting $51.75, before closing the day at $51.01. I will watch the stock price today and buying above Wednesday’s high.

Other stocks to watch :

News

MOT - Options traders are betting that the stock could pop
HEB - Company insiders are buying the stock
ALU - Alcatel-Lucent selected by NBN Co for Australia's broadband rollout
AAPL - Apple could sell 1M iPhones today, Bloomberg reports
AIG - Manulife interested in AIG's Asian unit, Globe reports
SPWRA - SunPower signs additional 20MW solar panel supply agreement
LDK - LDK Solar signs module supply contract with Gestamp Solar
PQ - PetroQuest Energy revises Q2 production guidance lower to 80-83 MMcfe per day
F - Ford to invest $450M in plant in Thailand, Detroit News reports
PLUG - Plug Power Inc. said that Sysco has deployed 98 GenDrive fuel cell units to power a fleet of The Raymond Corp.'s electric lift trucks at its new Houston, Texas distribution center.
GOOG - Google wins infringement suit with Viacom
ALOY - Alloy to be acquired by group led by ZelnickMedia for $9.80 per share in cash

Upgrades / Downgrades

CSCO - Cisco initiated with a Buy at Kaufman Bros.
HMA - Health Management upgraded to Outperform from Market Perform at Leerink
KMX - CarMax upgraded to Buy from Neutral at UBS
NKE - Nike removed from FBR Top Picks List at FBR Capital
DUSA - DUSA Pharma reports U.S. Patent Office upholds Photodynamic Therapy
PNW - Pinnacle West upgraded to Overweight from Equal Weight at Barclays
ARUN - Aruba Networks downgraded to Equal Weight from Overweight at Barclays
HD - Home Depot downgraded to Neutral from Buy at Janney Montgomery
LOW - Lowe's downgraded to Neutral from Buy at Janney Montgomery
PGN - Progress Energy upgraded to Market Perform from Underperform at FBR Capital
LOPE - Grand Canyon initiated with an Outperform at RW Baird
IRBT - iRobot initiated with a Market Perform at Morgan Keegan
GENZ - Genzyme downgraded to Market Perform from Outperform at Leerink
WYNN - Wynn Resorts upgraded to Buy from Neutral at Sterne Agee
JMBA - Jamba initiated with a Buy at Canaccord
CHC - China Hyroelectric initiated with a Buy at Global Hunter
APOG - Apogee Enterprises upgraded to Neutral from Underweight at Piper Jaffray
MU - Micron coverage assumed with a Buy at ThinkEquity
BBBY - Bed Bath & Beyond upgraded to Strong Buy from Market Perform at Raymond James

New 52-week High stocks

BVF Biovail Corp.
EC Ecopetrol S.A.
GEA General Electric Capital Corp.
RHT Red Hat, Inc
VRX Valeant Pharmaceuticals Intl.

List of stocks whose MA 13 crossed above the MA 50 ( Bullish Cross )

MOT - MOTOROLA INC
VZ - Verizon Comm
ATVI - Activision, Inc.
ERIC - LM Ericsson Telepho
ALTR - Altera Corporation
BRK.B - Berkshire Hathaway Inc
TWX - AMERICA ONLINE INC
IBM - INTERNATIONAL BUSIN
AMX - America Movil SA
XLNX - Xilinx, Inc.
AEP - AMERICAN ELEC PWR C
VIA.B - Viacom Inc Class B
D - DOMINION RESOURCES
VMED - Virgin Media Inc
SCCO - Southern Copper Cp
CPWR - Compuware Corporation
AEM - AGNICO EAGLE MINES LTD
CTL - Centurylink Inc
SPG - SIMON PROPERTY GROUP
CB - CHUBB CORP
HOC - Holly Cp
BWA - BorgWarner Inc
HSP - HOSPIRA INC
PGN - Progress Energy Inc
SRE - SEMPRA ENERGY
ACTC - Advanced Cell Techn
HCN - Health Care REIT Inc
KBR - KBR Inc
SOLF - Solarfun Power Holdings
WAT - WATERS CORP
INFA - Informatica Corp
DTE - D T E ENERGY CO
CZZ - Cosan Limited Cl A
JRCC - JAMES RIVER COAL CO
MASI - Masimo Corp
EPD - ENTERPRISE PRODUCTS
WTI - W&T OFFSHORE INC
CXW - Corrections Corporation
PAAS - Pan American Silver
RJET - REPUBLIC AIRWAYS HL
AXAS - Abraxas Petroleum C
PTR - PETROCHINA CO

MACD Crossed above 0

ETRM - EnteroMedics Inc
GGB - GERDAU USA
BA - BOEING CO
MHP - MCGRAW HILL COS INC
UBS - UBS AG
CSE - CAPITALSOURCE INC
ORIT - Oritani Financial Corp
RNN - Rexahn Pharmaceutical
GSS - Golden Star Resources
TS - Tenaris SA
CDE - COEUR D ALENE MINES
STEC - STEC Inc
LTBR - CUSTOM BRANDED NTWKS
SANM - Sanmina Corporation
NXG - NORTHGATE MINERALS
XSRAY - Xstrata PLC
GGP - General Growth Prop

Unusual high volume detected

SUF - SULPHCO INC
RGLD - Royal Gold, Inc.
ORIT - Oritani Financial Corp
ADPAS - Adelphia Recovery T
BAMXY - Bayerische Motoren
LTBR - CUSTOM BRANDED NTWKS
KBLB - Kraig Biocraft Labo
OOGI - Odysey Oil Enrgy
AERS - Aerius
ARDM - Aradigm Corporation
PRGF - Proginet Corp
LPHC - LocatePLUS Holdings
FTER - Forterus Inc
ALRN - American Claims Eva
OCZ - OCZ Technology Group
CMLS - Cumulus Media Inc.

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.

Good luck to all,

AC

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Tuesday, June 22, 2010 

Stocks to watch for Wednesday June 23

( click to enlarge )

SWKS had a good run since the middle of May. It broke the resistance on 18 June and reached a high of 18.34 in yesterday's trading session. The stock is now pulling back on low volume to digest its gains and test support from its 10-day moving average at $16.87. Stochastic has made a bearish crossover and RSI is coming down from overbought levels. The MACD indicator is still above its signal line, indicating that the Bulls are still in control. If the stock is able to bounce off from $16.87 which is the 10-day moving average, there is a chance for the stock to test its recent high of $18.34.

( click to enlarge )

PLUG closed up on high volume a sign that investors are buying into the stock. The technical chart is also showing bullish signs. The MACD indicator made a bullish crossover recently and RSI has more room to rise before it reaches overbought territory. +DI is also above –DI, it indicates a continuation of the up trend. Resistance is now at 0.684 followed by 0.75 (March 26 High).

( click to enlarge )

The medium-term outlook for SOLR is bullish and a close above $6.19 will confirm this view. On the contrary, a close below $5.67 will have bearish implications and would push the stock to the 5.57-5.50 range. The MACD indicator is still above its signal line, indicating that the Bulls are still in control.

( click to enlarge )

DNDN - The technical chart is looking weak with MACD below its signal line and –DI above the +DI together with an increasing ADX value. The support level for DNDN is near the $33 level which is where the 200-day moving average is located.

Earnings Announcements for Wednesday

Agria Corporation - GRO
American Software - AMSWA
Bed Bath & Beyond Inc. - BBBY
CarMax, Inc - KMX
Carver Bancorp - CARV
Friedman Industries - FRD
FSI International - FSII
Herman Miller - MLHR
LML Payment Systems - LMLP
Nike - NKE
Paychex - PAYX
QIAO XING MOBILE COMMUNICATION CO LTD - QXM
Rite Aid Corporation - RAD
Spectrum Control - SPEC
TECHPRECISION CORP - TPCS.OB
Universal Security Instruments - UUU

List of stocks whose MA 13 crossed above the MA 50 ( Bullish Cross )

RPC - AMDL Inc
BDCO - Blue Dolphin Energy
KNX - Knight Transportation
NTMG - NT Mining Corp
BNE - BOWNE AND COMPANY INC
ACC - AMER CAMPUS COMMUNICATION
GBG - Great Basin Gold Ltd
ENB - ENBRIDGE INC
PCH - POTLATCH CORP
CEO - CNOOC Ltd

List of stocks whose MA 13 crossed below the MA 50 ( Bearish Cross )

CIM - Chimera Investment
XCO - EXCO RESOURCES INC
BEXP - Brigham Exploration Co
GRS - GAMMON GOLD
OC - Owens Corning Inc
ACUZ - Accuride Corp
MCLN - General Devices Inc
CAVM - Cavium Networks Inc
KRY - Crystallex International
DTG - DOLLAR THRIFTY AUTO
MNRO - Monro Muffler Brake
REGN - Regeneron Pharmaceutical
DGIT - DG FastChannel

List of stocks whose volume has spiked 250% or more above its average daily volume

BVF - BIOVAIL CORPORATION
ULU - ULURU Inc
ETRM - EnteroMedics Inc
AFFY - Affymax Inc
CYPB - Cypress Bioscience
MRVC - Mrv Comm Inc
URRE - URANIUM RESOURCES INC
ACGJ - Demegen Inc
ORIT - Oritani Financial Corp
FRBK - Rep First Bancp
BDCO - Blue Dolphin Energy
UUGRY - UNITED UTILITIES P L C
TARRQ - Tarragon
JLI - Empire Financial Ho
SKRRF - Scottish Re Group Ltd

New 52-week High stocks

BVF - BIOVAIL CORPORATION
SLE - SARA LEE CORP
SNWL - SonicWALL, Inc.
VRX - I C N PHARMACEUTICAL
ARBA - Ariba, Inc.
MTB - M & T BANK CORP
BRFS - Brf-Brasil Foods
SRCL - Stericycle, Inc.
BLL - BALL CORP
ABV - Companhia de Bebida
RBCN - Rubicon Technology Inc
MIG - MEADOWBROOK INS GRO
ISLN - Isilon Systems Inc
GSIC - GSI Commerce, Inc.
CIB - BANCOLOMBIA S A
CYBX - Cyberonics, Inc.
EDU - New Oriental Education
SMTS - Somanetics Corporation
CLB - CORE LABORATORIES N V
VRAD - Virtual Radiologic

New 52-week Low stocks

NOK - NOKIA CORP
SCHW - Charles Schwab Corp
APOL - Apollo Group, Inc.
COCO - Corinthian Colleges
GRS - GAMMON GOLD
MYGN - Myriad Genetics, Inc.
BKS - BARNES & NOBLE INC
MDVN - Orion Acquisition C
GXDX - Genoptix Inc
ABFS - Arkansas Best Corporation
NGG - National Grid Trans
SYKE - Sykes Enterprises
UTA - Universal Travel
ATK - ALLIANT TECHSYSTEMS
TNDM - Neutral Tandem Inc
CADX - Cadence Pharmaceutical

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.

Good luck to all,

AC

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Monday, June 21, 2010 

Stocks to watch for Tuesday June 22

( click to enlarge )

SIRI has been under pressure recently but in the last sessions the stock reversal its trend. The stock had a very bullish action in the last two weeks rebounding nearly 20 percent of the recent downward move. The stock closed in today's session at $1.08 with gains of 3.85%. Looking at the technical chart, the stock is currently in a short-term uptrend. It has resistance at $1.13 and then at $1.23. On the downside, it has strong support around $1.03 to $1 levels. If these levels are broken, then the trend would become down. Continue to watch SIRI because the stock should give us an opportunity for a trade soon.

( click to enlarge )

SYNA traded higher today, after the stock received an analyst upgrade. $30.50 is resistance for the continuation move. This upside move in a weak market tells us there are buyers for SYNA. The technical daily chart shows the stock has just entered into a bull market as the stock is now on top of 50-day moving average and 200 day moving average. In addition , the 50-dma has crossed on top over 200-dma in April forming the Golden Cross, a very positive sign.

( click to enlarge )

AA had a strong day as the stock closed up $.61 on heavy volume. Today’s high of $12.12 is now resistance for the continuation move that should occur very soon. I'm a buyer of AA once it breaks resistance, as I expect to see a strong upside move.

( click to enlarge )

The stock has been in a range over the past six trading days. YGE looks like it wants to breakout of this range, but has not been able to gain the needed momentum. Today’s high of $10.87 is the top of this range, which makes it resistance for the breakout move. You should keep this stock on your screen radar.

Stocks that have a Bearish Engulfing pattern at the end of their daily chart

MSFT - Microsoft Corporation
MRVL - Marvell Technology
WMT - Wal-Mart Stores Inc
AUY - YAMANA GOLD INC
GDX - MKT VECT GOLD MNRS
SD - Sandridge Energy Inc
OXY - OCCIDENTAL PETROLEU
SYMC - Symantec Corporation
SWKS - SKYWORKS SOLUTNS
MYL - Mylan Inc
DNDN - Dendreon Corporation
JBLU - JetBlue Airways Corporation
KGC - KINROSS GOLD CORP
XLNX - Xilinx, Inc.
APA - APACHE CORP
BBBY - Bed Bath & Beyond Inc.
GPN - GLOBAL PAYMENTS INC
EXC - EXELON CORPORATION
TJX - TJX COMPANIES INC
SQM - Sociedad Quimica
PEG - Public Service Elec
SO - SOUTHERN CO
PGR - PROGRESSIVE CORP
FRX - FOREST LABORATORIES
HMY - HARMONY GOLD MINING
NWL - NEWELL RUBBERMAID INC
NVE - SIERRA PACIFIC RESOURCES
NKE - NIKE INC CL B
ARO - AEROPOSTALE INC
STR - QUESTAR CORP
AINV - APOLLO INVT CORP
TQNT - TriQuint Semiconductor
SVM - Silvercorp Metal
SRE - SEMPRA ENERGY
MCHP - Microchip Technolog
CELG - Celgene Corporation
AN - AUTONATION INC
VIV - Telesp Celular Part
SY - Sybase Inc
XEC - Cimarex Energy Co
MJN - Mead Johnson Nutrition
PAAS - Pan American Silver
FPL - Nextera Energy
EL - ESTEE LAUDER COMPANIES
AGQ - ProShares Ultra Silver
KLIC - Kulicke and Soffa
LEAP - LEAP WIRELESS INTL

New 52-week High stocks

LVS - LAS VEGAS SANDS CP
AIPC - AMERICAN ITALIAN PA
AAPL - Apple Inc
CRUS - Cirrus Logic, Inc.
SNDK - SanDisk Corporation
EP - EL PASO CORP
NTAP - NetApp Inc
EGO - ELDORADO GOLD CP
SBUX - Starbucks Corporation
SWKS - SKYWORKS SOLUTNS
TIE - TITANIUM METALS CORP
CTRP - CTRIP.COM INTL LTD ADS
IR - INGERSOLL RAND CO
AMT - AMERICAN TOWER CORP
CROX - CROCS INC
CMI - CUMMINS ENGINE CO INC
NGD - DRC RESOURCES CP
MTB - M & T BANK CORP
PEG - Public Service Elec
SUN - SUNOCO INC
AKAM - Akamai Technologies
CAL - CONTINENTAL AIRLINES
ENTR - Entropic Communications
VRSN - VeriSign, Inc.
CRM - SALESFORCE.COM INC

New 52-week Low stocks

AFFY - Affymax Inc
NOK - NOKIA CORP
COCO - Corinthian Colleges
GXDX - Genoptix Inc
MYGN - Myriad Genetics, Inc.
SYKE - Sykes Enterprises

List of stocks whose MA 13 crossed above the MA 50 ( Bullish Cross )

AIPC - AMERICAN ITALIAN PA
SU - SUNCOR ENERGY INC
OXY - OCCIDENTAL PETROLEU
MHS - MEDCO HEALTH SOLUTION
EFJI - Ef Johnson Tech
SBAC - SBA Communications
CPE - CALLON PETROLEUM CO
TPX - TEMPUR-PEDIC INTL INC
FMX - FOMENTO ECONOMICO M
COO - COOPER COS INC NEW
List of stocks whose volume has spiked 250% or more above its average daily volume

BVF - BIOVAIL CORPORATION
AIPC - AMERICAN ITALIAN PA
CYPB - Cypress Bioscience
ABHI - AmbiCom Holdings Inc
DMAT - Dematco Inc
MTRO - Metro One Development
CYRV - CRYSTAL RIVER CAPIT
OOGI - Odysey Oil Enrgy
CWLZ - Cowlitz Bancorp
ICPRE - ICP Solar Technolog
DALXF - Dualex Energy Intl Inc
EAG - American Defense Sy
SPMI - SPEEDEMISSIONS INC
DIGI - Digitiliti Inc

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.

Good luck to all,

AC

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Friday, June 18, 2010 

Stocks to watch for Monday June 21

( click to enlarge )

The stock hit a new 52-week high today, trading as high as $275, before settling at a close of $274.07. I'm watching the stock on Monday, looking for a follow through move. Resistance reflects Friday’s high of $275. Keep an eye on AAPL because there is good upside in this stock.

( click to enlarge )

WFC had a small pullback again today, but it held up reasonably well. I still like the chart and will watch the stock again on Monday. Resistance stays at $28.28 for the follow through move. Once it breaks this resistance level, we could see a quick increase in buying as momentum traders jump into this trade.

( click to enlarge )

C has been trading in a very tight range the past few sessions and looks like it wants to break out. Resistance is $4.02 and I expect an increase in volume once the stock breaks through.

( click to enlarge )

THQI has a strong support at $4.92. A close below this level could drag it further down to $4.64. Hold the stock with a stop-loss.

( click to enlarge )

MOT finally broke out and made a nice move today. I'm watching the stock for a continuation move next week. MOT is back to bull market rally with MACD on top of 0 and %K line on top of %D line. The stock has good upside potential, so keep watching the stock for further moves.


Other stocks to watch :

I was looking up the charts of some penny stocks and noticed unusual activity today in the stock price of Mount Knowledge HoldingsInc (OTC:MKHD). This stock rose over 15%, and more gains are likely on Monday. The company announced this morning that, on April 26, 2010, it executed a non-binding Letter of Intent to acquire one hundred (100%) ownership of Mount Knowledge USA, Inc. ("MTKUSA") in a Stock Purchase and Share Exchange Agreement. MTKUSA is a U.S. based sales and marketing company formed in September 2009 for the purposes of distributing Mount Knowledge (TM) products domestically and internationally to a variety of customers, including individuals, schools, government agencies, and corporations, primarily in China.To date, MTKUSA has completed approximately $1,100,000 in new financing to support the current sales and marketing efforts in China. I believe it's not too late to pick up some shares, however be careful with this trade and use the stops. From a technical standpoint the biggest resistance is at $0.47.

Stocks that have a Bullish Engulfing pattern at the end of their daily chart

WFT - Weatherford International
JNPR - Juniper Networks
NE - NOBLE DRILLING CORP
DNR - DENBURY RESOURCES INC
STLD - Steel Dynamics, Inc.
PQ - Petroquest Energy Inc
NBR - Nabors Industries Inc
BRCD - Brocade Communications
VIP - Vimpelcom Ltd
DO - DIAMOND OFFSHR DRLL
NYX - NYSE EURONEXT INC
BZ - Boise, Inc.
LDK - LDK Solar Co Ltd
HSP - HOSPIRA INC
EL - ESTEE LAUDER COMPANIES
ETN - EATON CORP
PDCO - Patterson Co
SOLF - Solarfun Power Holdings
ALV - AUTOLIV INC
JRCC - JAMES RIVER COAL CO
WRB - WR Berkley Corp
HLF - HERBALIFE LTD
TD - TORONTO DOMINION BANK
ENR - ENERGIZER HOLDINGS INC
SCSS - Select Comfort Corp
DSX - DIANA SHIPPING INC
FUL - HB Fuller Co
TAN - Claymore MAC Global
FMX - FOMENTO ECONOMICO M
MICC - Millicom International
NSR - NEUSTAR INC

New 52-week High stocks

AAPL - Apple Inc
NEM - NEWMONT MINING CORP
NTAP - NetApp Inc
CRUS - Cirrus Logic, Inc.
SBUX - Starbucks Corporation
SWKS - SKYWORKS SOLUTNS
AMT - AMERICAN TOWER CORP
ENTR - Entropic Communications
VRSN - VeriSign, Inc.
SUN - SUNOCO INC
AKAM - Akamai Technologies
CTSH - Cognizant Technolog
PQ - Petroquest Energy Inc
NGD - DRC RESOURCES CP
PEG - Public Service Elec
OVTI - OmniVision Technologies
RSG - REPUBLIC SERVICES INC
FRG - Fronter Gold Inc
ARUN - Aruba Networks Inc
DISCA - Discovery Holdings
CROX - CROCS INC
HAS - HASBRO INC
SKX - SKECHERS USA INC
MJN - Mead Johnson Nutrition

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.

Have a nice weekend,

AC

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Thursday, June 17, 2010 

Stocks to watch for Friday June 18

( click to enlarge )

AAPL broke out today, closing at $271.87, up $4.62. I'm looking for a continuation move on Friday, and will buy the stock above today’s high of $272.90.

( click to enlarge )

ROYL was down today, but I am keeping it on the list for a possible move on Friday. The stock recently has been strong, which leads me to believe that there is a buyer and we could see another up move soon. I'm looking to buy the stock again above today’s high of $2.44.

( click to enlarge )

MOT had a great move on the upside today and closed at $7.19, up $0.08. The stock is setting up to break out and has one more level to go, which is $7.21. Watch the stock on Friday, because once it breaks through, it will run fast.

( click to enlarge )

Today SMOD broke out of a small trading range and is setting up for a nice upside move. I'm looking to buy the stock above today’s high of $6.52 and we could see a jump in the stock as it breaks through. Watch the stock tomorrow for a possible big move.

Other stocks to watch :

Stocks that have a Bullish Engulfing pattern at the end of their daily chart

PG - PROCTER & GAMBLE CO
PGR - PROGRESSIVE CORP
LGF - Lions Gate Entertainment
VTR - Ventas Inc
BYD - BOYD GAMING CORP
PAY - Verifone Systems
KFN - KKR Financial Hldg
ALXN - Alexion Pharmaceutical
RYN - RAYONIER INC
HAIN - The Hain Celestial
VR - Validus Holdings Ltd
DOLE - Dole Food Co

Stocks that have a Bearish Engulfing pattern at the end of their daily chart

HD - HOME DEPOT INC
MGM - MGM MIRAGE
X - U S X-U S STEEL GRO
FITB - Fifth Third Bancorp
CHK - CHESAPEAKE ENERGY CORP
SPLS - Staples, Inc.
VLO - VALERO ENERGY CORP NEW
BBT - BB&T CORPORATION
MCD - MCDONALDS CORP
EXPE - EXPEDIA INC
GGB - GERDAU USA
CLF - Cliffs Natural Resources
ODP - OFFICE DEPOT INC
UPS - UPS
CBS - CBS Cl B
BTU - PEABODY ENERGY CORP
MCO - Moody's Corp
PCX - Patriot Coal Corp
ZION - Zions Bancorporation
IVZ - INVESCO LTD
TCK - Teck Recs B
DWA - DreamWorks Animation
MHP - MCGRAW HILL COS INC
BHP - BHP Billiton Ltd
MOS - Mosaic Co
PAYX - Paychex, Inc.
VVUS - Vivus, Inc.
ESRX - Express Scripts, Inc.
APA - APACHE CORP
MEE - Massey Energy Co
ETFCD - E*Trade Financial Inc
TSL - Trina Solar Ltd
ISIL - Intersil Holding Co
HES - AMERADA HESS CORP
MTL - MECHEL OAO
MFA - Mfa Financial
JOYG - Joy Global Inc
RDC - ROWAN COS INC
LM - LEGG MASON INC
AN - AUTONATION INC
RTP - RIO TINTO P L C
BEXP - Brigham Exploration Co
DO - DIAMOND OFFSHR DRLL
MFE - MCAFEE, Inc.
MTW - MANITOWOC CO INC
CREE - Cree, Inc.
OMC - OMNICOM GROUP INC
TIVO - TiVo Inc.
APOL - Apollo Group, Inc.
KWK - Quicksilver Resources
RRC - Range Resources Corp
LPX - LOUISIANA PACIFIC CORP
KMX - CarMax Inc
CMA - COMERICA INC
WLT - Walter Energy
SWK - Stanley Blk&Dckr
USG - U S G CORP
TMX - TELEFONOS DE MEXICO
FHN - FIRST TENNESSEE NAT
CPN - Calpine Corp
AMP - AMERIPRISE FINANCIAL
RRD - Donnelley (RR) & Sons
BX - Blackstone Group LP
FLR - FLUOR CORP
WDR - WADDELL & REED FINL
DOV - DOVER CORP
NFX - NEWFIELD EXPLORATION
CBL - CBL and Associates
FTO - FRONTIER OIL CORP
OC - Owens Corning Inc

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.

Good luck to all,

AC

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Stocks to watch for Thursday June 17

( click to enlarge )

JDSU looks like it wants to breakout of a consolidation range, as the stock closed slightly higher on Wednesday. I'm watching the stock today and I'm a buyer if it can break Wednesday’s high of $11.81. If the stock can break resistance, we should see an increase in volume to drive the stock higher. Watch the stock closely today.

( click to enlarge )

LVLT looks to be breaking out, as the stock closed up $.08 on Wednesday. The stock looks to have bounced off lows earlier this month as it gains upside momentum. LVLT is a fast moving stock, so you need to watch it closely and be ready for this upside move.

( click to enlarge )

AOB made a strong upside move on Wednesday, after the stock had been consolidating at lows for the past five days. Wednesday’s high was $2.99, which is too close to the natural resistance at $3. I'm using the May 28th high of $3.14 as resistance for my buy point.

( click to enlarge )

PLUG is back on my list for today, as the stock traded up $.042 on Wednesday. I like the chart formation for this stock and expect to see a stronger breakout move. Resistance is now $0.487. Keep the stock on your radar for the next few trading days. If PLUG can break through resistance, we should see a strong upside move.

( click to enlarge )

ROYL broke out of a range on Wednesday as the stock closed up $.11 on the day. Volume was huge !!! Seeing the moving averages above I analyse that the stock is now above its 50-day and 200-day moving averages. If it sustain we may see more rise in the stock in the next few days. I like the stock for the long-term. ROYL hit a high of $2.58, which is resistance for the continuation move.

Watch List:

Earnings Announcements for Thursday

Actuant Corporation - ATU
Breeze-Eastern Corporation - BZC
J. M. Smucker Company - SJM
PET DRX CORPORATION - VETS
Pier 1 Imports, Inc. - PIR
RUN OF RIVER POWER INC - ROR
Signalife Inc. - SGN
Smart Modular Technologies - SMOD
Smithfield Foods - SFD
The Kroger Co. - KR
Winnebago - WGO

Stocks that have a Bullish Engulfing pattern at the end of their daily chart

MDT - MEDTRONIC INC
ABC - AMERISOURCEBERGEN CORP
HOLX - Hologic, Inc.
PPL - PPL CORPORATION
FST - FOREST OIL CORP
DG - Dollar General Corp
ANH - Anworth Mortgage As
VOLC - VOLCANO CORPORATION
CMO - CAPSTEAD MORTGAGE CORP
TWTC - Tw Telecom Inc A
GRT - GLIMCHER REALTY TRUST
ITG - INVESTMENT TECHNOLO
CME - CME Group Inc
UTIW - UTI Worldwide Inc
PPC - PILGRIMS PRIDE CP
WMGI - Wright Medical Group
SIRO - Sirona Dental Systems
ARB - ARBITRON INC
PBTH - Prolor Biotech
LFL - Lan Airlines
ST - Sensata Technologies

Unusual volume Detected

FNM - Fannie Mae
FRE - FREDDIE
ICBT - ICBS LTD
PWLK - POWERLOCK INTL CORP
NUBL - Numobile, Inc.
CYOS - CYOP SYSTEMS INTL INC
BFHJ - BENEFICIAL HOLDINGS INC
SMTS - Somanetics Corporation
DTSL - Delivery Technology
JDAS - JDA Software Group
CRIS - CURIS INC
ADPAS - Adelphia Recovery T
GXDX - Genoptix Inc
FSC - Fifth Street Finance Corp.
BPFH - Boston Private Financial
ADPAJ - ADELPHIA RECOVERY ARAHOVA
BDCO - Blue Dolphin Energy
CVRG - Converge Global, Inc.
URRE - URANIUM RESOURCES INC
ACAD - ACADIA PHARMACEUTICAL
SMMX - Symyx Technologies
BLT - BLOUT INTERNATIONAL
PINN - Pinnacle Gas Resoures
SOLU - SOLUTIONS GROUP INC
MRVC - Mrv Comm Inc
KIWB - Magnitude Information
GTU - Central Gold Trust
GEYI - Global Energy Inc
SGU - STAR GAS PARTNERS L P
TARRQ - Tarragon
PUBGY - PUBLICIS SA
ITIG - Intelligroup, Inc.
EFGU - Empire Film Group Inc
LLSR - Lantis Laser Inc
CRMY - Carmel Energy Inc
CHIM - Global X China Mate
GASS - STEALTHGAS INC
PERT - Triden Telecom Inc
FTLK - Funtalk China Holdings
CRGE - Clenergen Corp
FEEL - Feel Golf Co Inc

MACD Crossed above 0

MOT - MOTOROLA INC
EMC - EMC CORP
CMCSA - Comcast Corporation
KEY - KEYCORP
ATVI - Activision, Inc.
SMTS - Somanetics Corporation
HST - HOST MARRIOTT CORP
XLNX - Xilinx, Inc.
IP - INTERNATIONAL PAPER CO
CX - CEMEX S.A.
ACTC - Advanced Cell Techn
TSN - TYSON FOODS INC CL A
UNP - UNION PACIFIC CORP
MAR - MARRIOTT INTL INC NEW
TRV - The Travelers Co
RAX - Rackspace Hosting Inc
MMR - MCMORAN EXPLORATION CO
DNR - DENBURY RESOURCES INC
AEP - AMERICAN ELEC PWR C
VIP - Vimpelcom Ltd
MCHP - Microchip Technolog
EIX - EDISON INTERNATIONAL
UN - UNILEVER N V
WYNN - Wynn Resorts LTD
KOG - KODIAK OIL & GAS CP
VNQ - VANGUARD SPEC FDS R
AEM - AGNICO EAGLE MINES LTD
NVE - SIERRA PACIFIC RESO
FPL - Nextera Energy
FNSR - Finisar Corporation
PINN - Pinnacle Gas Resources
UDR - UDR Inc
CRAY - Cray Inc
ATI - Allegheny Technolog
CCK - CROWN CORK & SEAL I
CAVM - Cavium Networks Inc
EPI - WisdomTree India Ea
KEG - Key Energy Services
TCB - T C F FINANCIAL CORP
UL - Unilever PLC
USU - USEC INC
DTE - D T E ENERGY CO
AMB - AMB Property Corp
PFN - PIMCO FLT RATE STRA
SLG - SL Green Realty Corp
ALV - AUTOLIV INC
KLIC - Kulicke and Soffa I
FMCN - Focus Media Hldg
NIHD - NII Holdings Inc
CRS - CARPENTER TECH CORP
DRLY - DORAL ENERGY CORP
GOL - GOL LINHAS AEREAS I
CINF - Cincinnati Financial
INFA - Informatica Corp
DXCM - DEXCOM
HIW - Highwoods Properties
BMR - BIOMED REALTY TR INC
PLL - PALL CORP
HOC - Holly Cp
AVNR - Avanir Pharm
JRCC - JAMES RIVER COAL CO
EXXI - Energy XXI Ltd
EXH - Exterran Holdings Inc
PUBGY - PUBLICIS SA
TMK - TORCHMARK CORP

New 52-week High stocks

LVS - LAS VEGAS SANDS CP
LCC - US AIRWAYS GROUP INC
SNDK - SanDisk Corporation
SBUX - Starbucks Corporation
SMTS - Somanetics Corporation
CRUS - Cirrus Logic, Inc.
EP - EL PASO CORP
NBIX - Neurocrine Bioscien
SUN - SUNOCO INC
UAUA - UAL CORP
CAL - CONTINENTAL AIRLINES
ABC - AMERISOURCEBERGEN CORP
AKAM - Akamai Technologies
INTU - Intuit Inc.
VRSN - VeriSign, Inc.
RHT - Red Hat, Inc.
OVTI - OmniVision Technolo
CTRP - CTRIP.COM INTL LTD ADS
HCP - HCP Inc
AVGO - Avago Technologies
PEG - Public Service Elec
FFIV - F5 Networks, Inc.
HAS - HASBRO INC
LULU - lululemon athletic
CROX - CROCS INC
DISCA - Discovery Holdings
ARUN - Aruba Networks Inc
ICE – INTERCONTINENTALEXC
SAPE - Sapient Corporation
THOR - Thoratec Laboratories
FST - FOREST OIL CORP
SKX - SKECHERS USA INC
QCOR - Questcor Pharm
UA - UNDER ARMOUR INC
CLR - Continental Resources
VQ - Venoco Inc
ARBA - Ariba, Inc.
DXCM - DEXCOM
ALK - ALASKA AIR GROUP INC
CLC - CLARCOR INC
AAP - ADVANCE AUTO PARTS INC
NHP - NATIONWIDE HLTH PRO
SRCL - Stericycle, Inc.
MKC - MCCORMICK & CO INC
BEZ - BALDOR ELECTRIC CO
UPI - Uroplasty Inc
MELI - MercadoLibre Inc
MIL - MILLIPORE CORP
GOLD - RANDGOLD RESOURCES

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.

Good luck to all,

AC

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  • 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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