AC Investor Blog

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Shares of Zalicus, Inc. (NASDAQ:ZLCS) traded nicely and I’m looking for continuation of the upward direction. The stock surged 12.88% or 30 cents to $2.63 per share after an Oppenheimer & Co. analyst started covering the stock with an "Outperform" rating. Analyst Boris Peaker said Zalicus could get up to $15 million in annual royalties from the pain drug Exalgo, a drug developed by Zalicus and marketed by Covidien PLC. He said the Cambridge, Mass., company also has a promising pipeline of drug candidates, including the experimental rheumatoid arthritis drug Synavive, and eye allergy treatment Prednisporin. He believes annual sales of Exalgo could reach $250 million to $300 million. The analyst established a price target of $4 per share. Based upon watching the trading action today, there appeared to be a strong look of positive sentiment that traders are holding and looking for higher prices. Plus, the Company moved higher on above average volume, which is considered to be a favorable signal. Zalicus Inc has a 52 week low of $1.01 and a 52 week high of $3.21. The stock’s 50-day moving average is $2.49 and its 200-day moving average is $1.93. The company has a market cap of $260.0 million. Keep your eyes posted on ZLCS in the near term and long term as it has many factors that are in its favor which could allow it to rise to much higher levels. 

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Southwestern Energy Company (NYSE:SWN) is poised to retest its 52 week high of $44.69.

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Glu Mobile Inc. (NASDAQ:GLUU) Breakout retest. Watching for a continuation over $5.75. The technical chart above shows the stock is in a very strong bull market as MACD is high above signal line and %K line is also on top over %D line. In addition, the long term trend is bullish as the stock is on top of both 50-day SMA and 200-day SMA with both movine averages going up.

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Other stocks to watch :

Earnings Announcements for Wednesday

A Schulman Inc - SHLM
AAR Corp - AIR
Birks and Mayors Inc - BMJ
Funtalk China Holdings Ltd - FTLK
Gramercy Capital Corp - GKK
GRAVITY Co Ltd - GRVY
Life Partners Holdings Inc - LPHI
Omega Navigation Enterprises Inc - ONAV
Simulations Plus Inc - SLP
Unify Corp - UNFY

The following list show stocks whose OBV has been increasing over the last 3 sessions. A rising OBV suggests the stock is being accumulated.

F - FORD MOTOR COMPANY
CSCO - Cisco Systems, Inc.
GE - GENERAL ELECTRIC CO
C - CITIGROUP INC
JPM - JP Morgan and Co Inc
MU - Micron Technology
ORCL - Oracle Corporation
VALE - Vale S A ADR
NOK - NOKIA CORP
T - AT&T Inc
AA - ALCOA INC
GLW - CORNING INC
XOM - EXXON MOBIL CORP
ALU - ALCATEL
XRX - XEROX CORP
VZ - Verizon Comm
HPQ - HEWLETT-PACKARD CO
MPEL - Melco Crown Adr
DELL - Dell Inc
NVDA - NVIDIA Corporation
LYG - Lloyds Bankg Grp
EMC - EMC CORP
NWSA - News Corp Ltd
EBAY - eBay Inc.
USB - US Bancorp
RIMM - Research in Motion
RF - REGIONS FINANCIAL CORP
SCHW - Charles Schwab Corp
CMCSA - Comcast Corporation
CBS - CBS Cl B
FTR - Frontier Communication
SPLS - Staples, Inc.
THC - TENET HEALTHCARE CORP
KEY - KEYCORP
PBR - PETROLEO BRASILEIRO SA
FITB - Fifth Third Bancorp
MRK - Merck & Co
MRVL - Marvell Technology
OSK - Oshkosh Corp
WMT - Wal-Mart Stores Inc
DIS - DISNEY CO WALT HLDG CO
AMX - America Movil SA
JNJ - JOHNSON & JOHNSON
HST - HOST MARRIOTT CORP
GGB - GERDAU USA
VLO - VALERO ENERGY CORP NEW
ITUB - Itau Unibnco Adr
HAL - HALLIBURTON CO HLDG CO
CHK - CHESAPEAKE ENERGY CORP
BK - Bank Ny Mellon
KO - COCA COLA CO
ACN - Accenture Plc
AIG - AMERICAN INTERNATIONAL
BP - BP AMOCO ADS
DOW - DOW CHEMICAL CO
COP - ConocoPhillips
JNPR - Juniper Networks
SLB - SCHLUMBERGER LTD
BIDU - Baidu Inc
DRYS - DRYSHIPS INC
BRCD - Brocade Communication
WMB - WILLIAMS COS INC
X - U S X-U S STEEL GROUP
MET - METLIFE INC
CSX - C S X CORP
SYMC - Symantec Corporation
GPS - GAP INC
CVX - Chevron
CVS - CVS Caremark Corp
EP - EL PASO CORP
BBD - BANCO BRADESCO SA ADS
SBUX - Starbucks Corporation
BRCM - Broadcom Corporation
AXP - AMERICAN EXPRESS CO
GILD - Gilead Sciences, Inc.
DRI - DARDEN RESTAURANTS INC
TWX - AMERICA ONLINE INC
DE - DEERE & CO
KFT - KRAFT FOODS INC
AKS - A K STEEL HOLDING CORP
AGNC - American Capital Ag.
IPG - INTERPUBLIC GRP OF COS
MON - Monsanto Co
DUK - DUKE ENERGY CORP
PBRA - Petroleo Brasileiro
STX - Seagate Tech
IVZ - INVESCO LTD
TYC - TYCO INTL LTD
RFMD - RF Micro Devices, Inc.
TSN - TYSON FOODS INC CL A
HL - HECLA MINING CO
GS - GOLDMAN SACHS GROUP
BJ - BJ'S WHOLESALE CLUB
AKAM - Akamai Technologies
JCI - JOHNSON CONTROLS INC
VIA.B - Viacom Inc Class
ATML - Atmel Corporation
MYL - Mylan Inc
MTG - M G I C INVT CORP WIS
WAG - WALGREEN CO
LYB - Lyondell Basell Ind
HIG - Hartford Financial
KR - KROGER CO
PBCT - People's Bank
MBT - MOBIL TELESYSTEMS
SLE - SARA LEE CORP
WU - Western Union
BRK.B - Berkshire Hathaway Inc
AMT - AMERICAN TOWER CORP
DHR - DANAHER CORP
WIN - Windstream Corp
SU - SUNCOR ENERGY INC
NWL - NEWELL RUBBERMAID INC
EMR - EMERSON ELECTRIC CO
CMI - CUMMINS ENGINE CO INC
COH - Coach Inc
BCS - BARCLAYS P L C
HK - Petrohawk Energy
ADBE - Adobe Systems Incorporation
RSH - RADIOSHACK CORP
MI - MARSHALL & ILSLEY CORP
PCX - Patriot Coal Corp
BAX - BAXTER INTERNATIONAL
BBT - BB&T CORPORATION
TXT - TEXTRON INC
SWN - SOUTHWESTERN ENERGY CO
EXC - EXELON CORPORATION
TEVA - Teva Pharmaceutical
AMZN - Amazon.com, Inc.
CMCSK - Comcast Corporation
STI - SUNTRUST BANKS INC
WY - WEYERHAEUSER CO
BTU - PEABODY ENERGY CORP
ELN - ELAN CORP P L C
ETN - EATON CORP
TEL - Te Connectivity
WNR - WESTERN REFINING INC
HON - HONEYWELL INTERNATIONAL
ALTR - Altera Corporation
TOT - Total Sa
DTV - Directv A
MBI - M B I A INC
IR - INGERSOLL RAND CO
PGR - PROGRESSIVE CORP  2
ACAS - American Cap Ltd
BA - BOEING CO
ACI - ARCH COAL INC
AES - A E S CORP
HES - AMERADA HESS CORP
GNW - GENWORTH FINCL INC
PJP - PowerShares Pharm
JBL - JABIL CIRCUIT INC
HUN - HUNTSMAN CORPORATION
NBR - Nabors Industries Inc
JNS - Janus Capital Group
TLAB - Tellabs, Inc.
DNR - DENBURY RESOURCES INC
WLL - WHITING PETROLEUM CP
MT - Arcelormittal
RVBD - Riverbed Technology
ADSK - Autodesk, Inc.
BEXP - Brigham Exploration Co
FNSR - Finisar Corporation
CA - CA Inc
CAM - Cameron Intl
SO - SOUTHERN CO
KBE - SPDR KBW BNK
TER - TERADYNE INC
CIEN - CIENA Corporation
BHI - BAKER HUGHES INC
ADI - ANALOG DEVICES INC
SNY - Sanofi
LSI - LSI Corp
WLT - Walter Energy
NOV - NATIONAL OILWELL INC
BHP - BHP Billiton Ltd
LNC - LINCOLN NATIONAL CORP
CNP - CenterPoint Energy Inc
RIO - RIO TINTO P L C
ENTG - Entegris, Inc.
TCK - Teck Recs B
RDN - RADIAN GROUP INC
NI - NISOURCE INC
NSC - NORFOLK SOUTHERN CORP
AMKR - Amkor Technology, Inc.
GCI - GANNETT CO INC
SOL - Renesola Ltd
TSO - Tesoro Corp
CNQ - Canadian Natural Resources
ABB - ABB LTD
SWY - SAFEWAY INC
WYN - Wyndham Worldwide WI
A - Agilent Technologies
HBC - HSBC Holdings PLC
RSG - REPUBLIC SERVICES INC
XRAY - DENTSPLY International
XSRAY - Xstrata PLC
APC - ANADARKO PETROLEUM
BRFS - Brf-Brasil Foods
CLF - Cliffs Natural Resources
CTL - Centurylink Inc
ALL - ALLSTATE CORP
CNO - Cno Fnancial Grp
ARUN - Aruba Networks Inc
HCBK - Hudson City Bancorp
MDR - MCDERMOTT INTL INC
DRE - DUKE-WEEKS REALTY CORP
AFL - AFLAC INC
VSH - Vishay Intertechnology
WYNN - Wynn Resorts LTD
SE - SPECTRA ENERGY CORP
NYX - NYSE EURONEXT INC
CI - C I G N A CORP
NUE - NUCOR CORP
ING - Ing Groep NV ADR
WM - WASTE MANAGEMENT INC  3
MOO - Mk Vector Agribs
CPX - COMPLETE PRODUCTION
CDNS - CADENCE DESIGN SYS INC
TTM - TATA MOTORS LTD ADS
BMC - BMC Software Inc
UNM - UNUM GROUP
KMX - CarMax Inc
SWC - Stillwater Mining Co
TJX - TJX COMPANIES INC
XL - Xl Group Plc
PMCS - PMC - Sierra, Inc.
DF - DEAN FOODS INC
SOA - Solutia Inc
URI - UNITED RENTALS INC
EXPE - EXPEDIA INC
BBVA - BANCO BILBAO VIZCAYA
NXY - Nexen Inc
TEX - TEREX CORP
ECA - EnCana Corp
CPN - Calpine Corp
KMB - KIMBERLY CLARK CORP
BID - SOTHEBYS HOLDINGS INC
STJ - ST JUDE MEDICAL INC
WDC - WESTERN DIGITAL CORP
XCO - EXCO RESOURCES INC
CY - Cypress Semiconductor
VGK - Vanguard MSCI European
NOC - NORTHROP GRUMMAN CORP
CMA - COMERICA INC
SCCO - Southern Copper Cp
NE - NOBLE DRILLING CORP
COST - Costco Wholesale Co
MTW - MANITOWOC CO INC
IBN - Icici Bank Ltd
SYY - SYSCO CORP
TKLC - Tekelec
PCAR - PACCAR Inc
KRE - SPDR KBW RGL BK
PH - PARKER HANNIFIN CORP
HERO - HERCULES OFFSHORE
JOYG - Joy Global Inc
NRG - NRG Energy Inc
AVGO - Avago Technologies
TWO - TWO HARBORS INVT CP
SFSF - SuccessFactors Inc
CB - CHUBB CORP
AON - AON CORP
TIBX - TIBCO Software, Inc.
FE - FIRSTENERGY CORP
MFC - MANULIFE FINANCIAL
PX - PRAXAIR 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.  

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