Stock Picks for Friday, November 12
( click to enlarge )
Bulls are back !!! DryShips Inc. (NASDAQ:DRYS) surged 9.43%, closing the day at $5.63 with the overall traded volume of 45 million shares for the day. We now have further confirmation of the upward move. The technical chart above shows the stock is in bull market as %K line is above %D line with MACD above signal line. With stock back above 200-day moving average there are plenty of upside for this stock. Stochastics and the RSI are overbought but remain bullish signaling. The bias is on the upside, targeting 6.67 area. Immediate support is seen at 5.25 followed by 5.
( click to enlarge )
Cisco Systems, Inc. (NASDAQ:CSCO) the bullish trendline mentioned in the chart that started in September. The stock has a strong support at 20.25 which will be difficult to break on the downside. It's 52-week low is at 19.82.
( click to enlarge )
Sinovac Biotech Ltd. (NASDAQ:SVA) traded higher on Thursday, as the stock received an upgrade pre-market. The stock closed up $.23 on heavy volume. I'm a buyer of SVA once it breaks through today’s high of $4.54 for the continuation move. Selling volume has been light while accumulation days have been heavy. You need to keep the stock on your screen throughout the day, because the stock will take off very quickly.
Earnings Announcements for Friday
Agilent Technologies Inc. - A
Alto Palermo SA - APSA
America First Tax Exempt Investors - ATAX
ANDATEE CHINA MARINE FUEL SVCS - AMCF
Chaparral Energy Inc - CPR
Chemspec International Limited - CPC
CHINA TRANSINFO TECHNLGY CORY - CTFO
CKX INC - CKXE
COBALT INTL ENERGY INC - CIE
Companhia Energetica de Minas Gerais (CEMIG) - CIG
CORESITE REALTY CORP - COR
Craft Brewers Alliance, Inc. - HOOK
D.R. Horton - DHI
Daqo New Energy Corp. - DQ
Derma Sciences - DSCI
Dick's Sporting Goods, Inc. - DKS
eMagin Corporation - EMAN
Enerplus Resources Fund - ERF
Ever-Glory International Group, Inc. - EVK
GLG LIFE TECH CORP - GLGL
Harris&Harris Group - TINY
JCPenney - JCP
Kingsway Financial Services - KFS
National Healthcare - NHC
National Security - NSEC
Nexxus Lighting, Inc. - NEXS
Nile Therapeutics, Inc. - NLTX
Nobel Learning Communities - NLCI
NOVABAY PHARMACEUTICALS INC - NBY
Optelecom-NKF - OPTC
Penford - PENX
Pernix Therapeutics Holdings, Inc. - PTX
Petrobras Energ�a Participaciones S.A. - PZE
PIMCO HIGH INCOME FD - PHK
Point.360 - PTSX
PURECYCLE CORP - PCYO
RXi Pharmaceuticals Corporation - RXII
Sadia S.A. - SDA
SeaCube Container Leasing Ltd. - BOX
SEVEN ARTS PICTURES PLC - SAPX
SHINER INTL INC - BEST
SINOHUB INC - SIHI
STR Holdings, Inc. - STRI
SUTOR TECH GROUP LTD - SUTR
TIGERLOGIC CORPORATION - TIGR
UNIVERSAL INS HLDGS INC - UVE
WACCAMAW BANKSHARES INC - WBNK
Wendy's / Arby's Group, Inc. - WEN
The Following list show stocks whose CCI(14) has been increasing over the last days
AET - AETNA INC
LIA - Liberty Acquisition
ENER - Energy Conversion Devices
PWR - QUANTA SVCS INC
EOG - EOG Resourses
ARO - AEROPOSTALE INC
MFE - MCAFEE, Inc.
NR - NEWPARK RESOURCES INC
EXAS - Exact Sciences
SPR - Spirit Aerosystems
NUVA - NUVASIVE INC
FLS - FLOWSERVE CORP
GDP - GOODRICH PETE CORP NEW
MSPD - MINDSPEED TECHNOLOGIES
CLX - CLOROX CO
CADX - Cadence Pharmaceutical
GERN - Geron Corporation
ALR - Alere Inc
DRC - DRESSER-RAND GROUP INC
HMC - HONDA MOTOR CO LTD
MDU - M D U RESOURCES GROUP
AZO - AUTOZONE INC NEVADA
HSNI - HSN Inc
WOOF - VCA Antech, Inc.
ALTE - Max Re Capital Ltd.
BPFH - Boston Private Financial
ALGN - Align Technology Inc
TUES - Tuesday Morning Corp.
NHWK - NIGHTHAWK RADIOLOGY
NCI - NAVIGANT CONSULTING
WMGI - Wright Medical Group
CLB - CORE LABORATORIES N V
JAH - JARDEN CORP
LOOP - LOOPNET INC
CPNO - COPANO ENERGY LLC UTS
AVID - Avid Technology, Inc.
HPY - HEARTLAND PYMT SYS
TWO - TWO HARBORS INVT CP
CKP - CHECKPOINT SYSTEMS INC
DEXO - Dex One Corp
The Following list show stocks whose CCI(14) has been decreasing over the last days
BAC - BANK OF AMERICA CORP
F - FORD MOTOR COMPANY
LVS - LAS VEGAS SANDS CP
GE - GENERAL ELECTRIC CO
INTC - Intel Corporation
MS - Morgan Stanley
MU - Micron Technology
WFC - WELLS FARGO & CO
JPM - JP Morgan and Co Inc
AMD - ADVANCED MICRO DVCS
HL - HECLA MINING CO
ORCL - Oracle Corporation
XOM - EXXON MOBIL CORP
AA - ALCOA INC
VALE - Vale S A ADR
IVZ - INVESCO LTD
T - AT&T Inc
MO - ALTRIA GROUP
RF - REGIONS FINANCIAL CORP
SCHW - Charles Schwab Corp
DRYS - DRYSHIPS INC
AUY - YAMANA GOLD INC
PBR - PETROLEO BRASILEIRO SA
BBD - BANCO BRADESCO SA ADS
AMAT - Applied Materials
USB - US Bancorp
BSX - BOSTON SCIENTIFIC CORP
ME - Mariner Energy Inc
CMCSA - Comcast Corporation
PBR.A - PETROLEO BRASILEIRO
VZ - Verizon Comm
BRCD - Brocade Communications
NVDA - NVIDIA Corporation
WFT - Weatherford International
RDN - RADIAN GROUP INC
ITUB - Itau Unibnco Adr
KBE - SPDR KBW BNK
QCOM - QUALCOMM Incorporated
ATML - Atmel Corporation
BK - Bank Ny Mellon
BP - BP AMOCO ADS
SLB - SCHLUMBERGER LTD
AIZ - ASSURANT INC
TXN - TEXAS INSTRUMENTS INC
HST - HOST MARRIOTT CORP
JNJ - JOHNSON & JOHNSON
FTR - Frontier Communications
MRVL - Marvell Technology
BA - BOEING CO
JASO - JA Solar Holdings C.
X - U S X-U S STEEL GROUP
IGT - INTERNATIONAL GAME
AMR - A M R CORP
MBI - M B I A INC
AXP - AMERICAN EXPRESS CO
GPS - GAP INC
WMB - WILLIAMS COS INC
EGO - ELDORADO GOLD CP
SNDK - SanDisk Corporation
KO - COCA COLA CO
DAL - Delta Airlines
GFI - GOLD FIELDS LTD
KGC - KINROSS GOLD CORP
VLO - VALERO ENERGY CORP NEW
MET - METLIFE INC
PG - PROCTER & GAMBLE CO
NVS - NOVARTIS A G
DUK - DUKE ENERGY CORP
DIS - DISNEY CO WALT HLDG CO
HRB - BLOCK H & R INC
STI - SUNTRUST BANKS INC
SBUX - Starbucks Corporation
ARTG - Art Technology Group
VOD - Vodafone Gp Plc
ABT - ABBOTT LABORATORIES
STX - Seagate Tech
LUV - SOUTHWEST AIRLINES CO
DECK - Deckers Outdoor Corporation
RFMD - RF Micro Devices, Inc.
IP - INTERNATIONAL PAPER CO
CX - CEMEX S.A.
APA - APACHE CORP
BBT - BB&T CORPORATION
DOW - DOW CHEMICAL CO
NOV - NATIONAL OILWELL INC
GS - GOLDMAN SACHS GROUP
HIG - Hartford Financial
CMS - C M S ENERGY CORP
SU - SUNCOR ENERGY INC
CPB - CAMPBELL SOUP CO
ALTR - Altera Corporation
MT - Arcelormittal
WDC - WESTERN DIGITAL CORP
CAT - Caterpillar Inc
MYL - Mylan Inc
DHI - Horton DR Inc
LSI - LSI Corp
PII - POLARIS INDS INC
LCC - US AIRWAYS GROUP INC
JNPR - Juniper Networks
BRCM - Broadcom Corporation
NGD - DRC RESOURCES CP
PCX - Patriot Coal Corp
JNS - Janus Capital Group
SVM - Silvercorp Metal
VRSN - VeriSign, Inc.
BTU - PEABODY ENERGY CORP
MON - Monsanto Co
BHI - BAKER HUGHES INC
VIA.B - Viacom Inc Class
LEN - LENNAR CORP
UPS - UPS
ADI - ANALOG DEVICES INC
BYD - BOYD GAMING CORP
ONNN - ON Semiconductor Co
OIH - OIL SERVICE HOLDERS
DNR - DENBURY RESOURCES INC
XLNX - Xilinx, Inc.
KR - KROGER CO
DVN - Devon Energy Cp
PNC - PNC Financial Services
CMCSK - Comcast Corporation
TCK - Teck Recs B
ACI - ARCH COAL INC
RINO - JADE MOUNTAIN CORP
MTG - M G I C INVT CORP WIS
STT - STATE STREET CORP
AIG - AMERICAN INTERNATIONAL
TJX - TJX COMPANIES INC
KIM - KIMCO REALTY CORP MD
SYY - SYSCO CORP
SOL - Renesola Ltd
AAI - AirTran Holdings, Inc
DRE - DUKE-WEEKS REALTY CORP
FLEX - Flextronics International
MEE - Massey Energy Co
LINTA - LIBERTY MED INT A
UTX - UNITED TECHNOLOGIES
TXT - TEXTRON INC
AVP - AVON PRODUCTS INC
WY - WEYERHAEUSER CO
PGR - PROGRESSIVE CORP
DHR - DANAHER CORP
SLM - USA EDUCATION INC
CRH - CRH, public limited
YGE - Yingli Green Energy
GFA - Gafisa SA
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.
Happy Trading,
AC
