Hot stocks for Thursday July 08
( click to enlarge )Shares of Rambus rose 3.7% or 64 cents to 17.94 cents per share. In short-term, the chart is showing weakness as both 20-day and 50 day moving average are still going downward. However the stock is trying to regain the ground that it lost last month. From a technical perspective, RMBS has the opportunity to start new rally as %K line is back above %D line. In addition, the RSI is starting to move back up from a oversold indication. This fact gives the stock a lot of room to rally before an overbought condition is threatened. I still like this stock and will continue to follow until it makes a move in either direction. Resistance is $18. If RMBS can break through resistance, the stock will move quickly, so watch it closely on Thursday.
( click to enlarge )SIRI was one of the most active stocks and gained 6.37% to $0.999. Today, the stock traded in the range of $.94-$1.01 on a low volume of 71.67 million shares as compared to its daily average volume of 100 million shares. The technical daily chart looks very interesting, as the stock could break out very soon. As I said in the previous analysis, resistance in SIRI is $1.13 which is the top of the consolidation range. Once the stock breaks through resistance, we should see a strong upside move as the stock moves to test 52-week highs of $1.25. Its technical indicators are improving significantly. MACD histogram bars are slowly picking up while RSI is neutral at 48.98. Watch SIRI closely.
( click to enlarge )The chart is showing that THQI is on a bounce back rally after it lost more than 50% since April 's highs. Although both 50-day and 200 day moving average are showing weakness, KD line is indicating a possible new upward swing.
Other stocks to Watch :
ROYL - I'm waiting for good volume to come into the stock. ROYL still in Oversold Condition. The good thing for the bulls is that +DI is again above –DI. So, there should be a short term rally.
Other stocks to Watch :
ROYL - I'm waiting for good volume to come into the stock. ROYL still in Oversold Condition. The good thing for the bulls is that +DI is again above –DI. So, there should be a short term rally.
Earnings Announcements for Thursday
A. Schulman - SHLM
ARTS WAY MFG INC - ARTW
CalAmp Corp
CHASE CORP - CCF
CommVault - CVLT
Helen of Troy Ltd - HELE
HSW INTERNATIONAL INC - HSWI
International Speedway - ISCA
Lawson Software, Inc. - LWSN
Leading Brands - LBIX
Nu Horizons Electronic - NUHC
ORAMED PHARM INC - ORMP.OB
Penford - PENX
Premier Exhibitions Inc. - PRXI
Radcom Ltd. - RDCM
Rocky Mountain Chocolate Factory - RMCF
Starwood Property Trust, Inc. - STWD
The Greenbrier Companies - GBX
TORTOISE CAP RES CORP - TTO
Xinhua Sports & Entertainment Limited - XSEL
Insiders Buying
INCY - Incyte Corp
SGA - Saga Communications Inc
PWRV - Power Of The Dream Ventures Inc
NBN - Northeast Bancorp
WOR - Worthington Industries Inc
GOVX.OB - Geovax Labs, Inc.
PLFE - Presidential Life Corp
OPK - Exegenics Inc
SRYB - Surrey Bancorp
JAVO - Javo Beverage Co Inc
KEQU - Kewaunee Scientific Corp
CMRG - Casual Male Retail Group Inc
INVE - Scm Microsystems Inc
MSEX - Middlesex Water Co
PUMD - Prourocare Medical Inc.
FRBK - Republic First Bancorp Inc
PRS - Primus Guaranty Ltd
TAYC - Taylor Capital Group Inc
UHAL - Amerco
FETM - Fentura Financial Inc
ITI - Iteris, Inc.
SPPI - Spectrum Pharmaceuticals Inc
CMSB - Cms Bancorp, Inc.
SUBK - Suffolk Bancorp
TYL - Tyler Technologies Inc
TPCS - Lounsberry Holdings Ii Inc
EQT - Equitable Resources Inc
BBY - Best Buy Co Inc
ADK - Adcare Health Systems Inc
MRGE - Merge Technologies Inc
BBND - Bigband Networks, Inc.
BFS - Saul Centers Inc
OPOF - Old Point Financial Corp
CNBC - Center Bancorp Inc
KITD - Roo Group Inc
ANDS - Anadys Pharmaceuticals Inc
ATEA - Astea International Inc
VMW - Vmware, Inc.
SPMI - Speedemissions Inc
WEBM - Jupitermedia Corp
SFNL - Secured Financial Network, Inc.
OZM - Och-ziff Capital Management Group Llc
CCLR - Chanticleer Holdings, Inc.
BITS - Bitstream Inc
URZ - Carleton Ventures Corp
CEP - Constellation Energy Partners Llc
TMCVP - Temecula Valley Bancorp Inc H
ACTL - Actel Corp
Stocks that have a Bullish Engulfing pattern at the end of their daily chart
INTC - Intel
AKS - A K STEEL HOLDING CORP
NSM - NATIONAL SEMICONDUCTOR
CX - CEMEX S.A.
EWT - WEBS Taiwan
LUV - SOUTHWEST AIRLINES CO
TWX - AMERICA ONLINE INC
WMB - WILLIAMS COS INC
AXP - AMERICAN EXPRESS CO
SYMC - Symantec Corporation
MON - Monsanto Co
DOW - DOW CHEMICAL CO
GDX - MKT VECT GOLD MNRS
HGSI - Human Genome Sciences
MDT - MEDTRONIC INC
MOS - Mosaic Co
PEP - PEPSICO INC
MT - Arcelormittal
SLW - Silver Wheaton
LLTC - Linear Technology C
SWKS - SKYWORKS SOLUTNS
MCD - MCDONALDS CORP
LTD - LIMITED INC
PAYX - Paychex, Inc.
FIS - Fidelity National I
DD - DUPONT E I DE NEMOU
JWN - NORDSTROM INC
NUE - NUCOR CORP
TSN - TYSON FOODS INC CL A
AMZN - Amazon.com, Inc.
IGT - INTERNATIONAL GAME
CENX - Century Aluminum Co
HRB - BLOCK H & R INC
LEN - LENNAR CORP
STJ - ST JUDE MEDICAL INC
CAH - CARDINAL HEALTH INC
ALL - ALLSTATE CORP
JBL - JABIL CIRCUIT INC
MTL - MECHEL OAO
ADI - ANALOG DEVICES INC
RTP - RIO TINTO P L C
PBCT - People's Bank
TIE - TITANIUM METALS CORP
BAX - BAXTER INTERNATIONAL
RSG - REPUBLIC SERVICES INC
KLAC - KLA-Tencor Corporation
HBC - HSBC Holdings PLC
CEG - Constellation Energ
TEL - Tyco Electronics Ltd
EDC - Emerging Markets Bu
FHN - FIRST TENNESSEE NAT
CRM - SALESFORCE.COM INC
GENZ - Genzyme General
NVLS - Novellus Systems, Inc.
SOA - Solutia Inc
TROW - T. Rowe Price Assoc
CAG - CONAGRA INC
LXK - Lexmark International
ISIL - Intersil Holding Co
WM - WASTE MANAGEMENT
RSX - Market Vectors Russ
DISCA - Discovery Holdings
RDS.A - ROYAL DUTCH SH A
BIIB - IDEC Pharmaceutical
ILMN - Illumina, Inc.
WCRX - Wrner Chil Plc A
BIG - Big Lots Inc
LRCX - Lam Research Corpor
QLGC - QLogic Corporation
GGP - General Growth Prop
CY - Cypress Semiconductor
TS - Tenaris SA
DEI - Douglas Emmett Inc
GR - BF GOODRICH CO
GRMN - Garmin Ltd
HAS - HASBRO INC
PPG - P P G INDUSTRIES INC
RTN - Raytheon Co
AAN - AARON RENTS INC
EXG - EV TX MGD GBL EQ INC
PHG - Koninklijke Philips
ATI - Allegheny Technolog
SCI - SERVICE CORPORATION
SVM - Silvercorp Metal
EPD - ENTERPRISE PRODUCTS
FISV - Fiserv, 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
