AC Investor Blog

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Infinity Pharmaceuticals Inc. (NASDAQ:INFI) broke out Friday on a higher then average volume after basing for more than 7 months. Important to see how this acts over the next few days. Buyable on a pullback to the pivot.

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Netflix, Inc. (NASDAQ:NFLX) The stock has gone up too much and too fast. The fundamentals of this company do not justify the current share price, in my honest opinion. It is currently trading with a P/E of 157. From a technical standpoint, the stock has touched a strong resistance zone on Friday and could head sideways to downwards next week. In addition, the RSI on daily chart has entered in the overbought territory, which means that the bias could be to the downside. The insiders have been bearish about the stock with very heavy selling since the start of the year.

The stock skyrocketed Friday after the company released the following news: GFI Group Inc reported a slightly better-than-expected quarterly profit, as the inter-dealer broker earned more from its brokerage segment. Net profit for the first quarter was $13.4 million, or 11 cents a share, compared with net income of $11.6 million, or 10 cents a share, in the year-ago period. Excluding items, the company earned 12 cents a share for the fourth quarter. Analysts were expecting earnings of 11 cents a share, according to Thomson Reuters I/B/E/S. Total revenue for the quarter rose 2 percent to $220.8 million, mostly in-line analysts' view. Brokerage revenue, the largest contributor to total revenue, rose 3 percent to $204.1 million. Shares of the company closed at $6.90 Friday on Nasdaq, gaining more than 10%. The technical chart shows a bullish bias. GFIG broke out a short term consolidation pattern on huge volume of over 2.6 Million shares, indicating some bullish behavior and we could possibly see some continued upside movement. Target price for the pattern is at $7.92. MACD and KD show buy signal as MACD is above signal line and %K line is on top of %D line. In addition, GFIG is now above 50-day and 200-day moving average and if the upward trend can continue for another week and 50-day moving average can cross on top over 200-day moving average than the stock will be ready for a big rally.

It is been quite a good run for SIRI since December. This stock more than doubled in about 6 months from $0.5 in December to > $1 in April. It is presently in a short-term uptrend with support at 1.142. The resistance level is $1.22, which was Thursday's high of the day. If SIRI can break through with volume, we could see the stock run up to $1.28, which is another small resistance level. Keep watching SIRI and look for an increase in volume if the stock breaks out.

TRN - The technical daily chart shows a bearish cross has formed, pointing to a future downward correction in price. I am expecting a pull back to test the key level of $24.10

HNSN broke resistance on Friday, but was not able to make the expected move. The stock needs to break Friday’s high of $2.75 to expect a strong rally at this point.

Earnings Announcements for Monday

A. H. Belo Corporation - AHC
AAON - AAON
Aastrom Biosciences - ASTM
Abraxis BioScience, Inc. - ABII
ACTIONS SEMICONDUCTOR CO LTD - ACTS
ActivIdentity - ACTI
Actuate Corporation - ACTU
Adaptec, Inc. - ADPT
Administaff - ASF
AeroCentury - ACY
AES Corporation - AES
Aeterna Zentaris Inc. - AEZS
Affymax, Inc. - AFFY
AIRCASTLE LTD - AYR
AirMedia Group Inc. - AMCN
Albany Molecular Research - AMRI
Aldila, Inc. - ALDA.PK
Alexander's - ALX
AllianceBernstein Holding L.P. - AB
Allied Healthcare - AHCI
Almost Family - AFAM
Alnylam Pharmaceuticals -ALNY
ALPHA PRO TECH LTD - APT
Altair Nanotechnologies Inc - ALTI
American CareSource Holdings, Inc. - ANCI
American Physicians Service Group - AMPH
American Vanguard - AVD
AMERISAFE INC - AMSF
Amicus Therapeutics, Inc. - FOLD
Ampal-American Israel - AMPL
AMTRUST FINANCIAL SERVICES INC - AFSI
Anadarko Petroleum Corporation - APC
ANATOLIA MINERALS DEV LTD - ALIAF.PK
Andersons Inc - ANDE
Answers Corporation - ANSW
APAC Customer Services Inc. - APAC
APCO-Argentina - APAGF
APPLIED NANOTECH HOLDINGS INC - APNT.OB
APPROACH RESOURCES INC - AREX
Arbinet - ARBX
Arbor Realty Trust - ABR
Ardea Biosciences, Inc. - RDEA
Arden Group - ARDNA
Arena Resources Inc. - ARD
Arlington Asset Investment Corp - AI
Armstrong World Industries Inc. - AWI
ArQule, Inc. - ARQL
Arrhythmia Research Technology - HRT
Arrow Electronics, Inc. - ARW
Artesian Resources - ARTNA
ASCENT SOLAR TECHNOLOGIES INC - ASTI
ASIA PACIFIC BREWERIES LTD - APBRF.PK
ASSISTED LIVING CONCEPTS INC - ALC
Atlantic Tele-Network - ATNI
Atlas Pipeline Partners - APL
ATS Medical - ATSI
Auxilium Pharmaceuticals, Inc. - AUXL
AVANIR Pharmaceuticals - AVNR
Avis Budget Group, Inc. - CAR
BancTrust Financial Group - BTFG
Bank of Granite - GRAN
Bellus Health Inc. - BLUS.PK
Belo - BLC
BEST WORLD INTERNATIONAL LTD - BWRDF.PK
BIDZ.COM - BIDZ
BIO-key International, Inc. - BKYI.OB
BIODEL INC - BIOD
BioLase Technology - BLTI
BioMed Realty Trust, Inc. - BMR
BioMimetic Therapeutics - BMTI
Bionovo Inc. - BNVI
Blount International - BLT
Bluefly - BFLY
BlueLinx Holdings Inc - BXC
Boise Inc. - BZ
BP Prudhoe Bay Royalty Trust - BPT
Breitburn Energy Partners LP - BBEP
Bridgepoint Education Inc. - BPI
Brookdale Senior Living Inc. - BKD
BSquare - BSQR
Cadence Pharmaceuticals, Inc. - CADX
CADIZ INC - CDZI
CAI INTERNATIONAL INC - CAP
CapitalSource Inc - CSE
CAPLEASE INC - LSE
Cardiovascular Systems, Inc. - CSII
CARIBOU COFFEE CO INC - CBOU
Carmike Cinemas, Inc. - CKEC
CAS Medical Systems, Inc. - CASM
CECO Environmental - CECE
Centerstate Banks of FL. - CSFL
Central European Distribution - CEDC
Central Garden & Pet Company - CENT
Central Virginia Bankshares - CVBK
Cenveo - CVO
Chemtura Corp. - CEMJQ.PK
CHENIERE ENERGY PARTNERS LP - CQP
Chesapeake Utilities - CPK
CHIMERA INVT CORP - CIM
Church & Dwight Co., Inc. - CHD
CKX INC - CKXE
Clarus Corporation - CLRS.PK
CLIFTON SAVINGS BANCORP INC - CSBK
Clorox - CLX
CNA Financial Corporation - CNA
Cognex - CGNX
CombinatoRx, Inc. - CRXX
COMMUNITY CENTRAL BANK CORP - CCBD
COMPASS DIV HOLDINGS - CODI
CompuCredit - CCRT
Comstock Resources, Inc. - CRK
Concur Technologies - CNQR
Connecticut Water Service - CTWS
Consolidated Graphics - CGX
Constellation Energy Partners LLC - CEP
Continucare - CNU
Core-Mark Holding Company, Inc. - CORE
Cornerstone Therapeutics Inc. - CRTX
Corporate Executive Board Company - EXBD
Creative Technology - CREAF.PK
CRITERIA CAIXACORP SA - CIXPF.PK
CryptoLogic Limited - CRYP
Curis - CRIS
Cutera, Inc - CUTR
CVR ENERGY INC - CVI
Dawson Geophysical - DWSN-
DAYLIGHT RES TRUST - DAYYF.PK
Delta Natural Gas - DGAS
Denbury Resources, Inc. - DNR
DG FastChannel, Inc. - DGIT
DiamondRock Hospitality Company - DRH
DIGITAL ANGEL CORP NEW - DIGA
Dominion Resources Black Warrior Trust - DOM
DORCHESTER MINERALS LP - DMLP
Dot Hill Systems Corp. - HILL
Double Eagle Petroleum and Mining - DBLE
Douglas Emmett Inc - DEI
Drew Industries Incorporated - DW
Ducommun - DCO
Dune Energy, Inc. - DNE
DURECT Corporation - DRRX
DXP Enterprises - DXPE
Dynex Capital - DX
Eagle Bulk Shipping Inc. - EGLE
Ebix Inc. - EBIX
Edap TMS - EDAP
EFJohnson Technologies, Inc. - EFJI
eGain Communications - EGAN.OB
eHealth, Inc. - EHTH
Electronic Arts - ERTS
EMAK Worldwide Inc. - EMAK.PK
EMC Insurance Group - EMCI
EMERGENT GROUP INC NEV - LZR
Emeritus Corporation - ESC
Empire Resorts - NYNY
Energy Focus, Inc. - EFOI
EnergySolutions, Inc. - ES
Enstar Group Ltd. - ESGR
Entech Solar, Inc. - ENSL.OB
Entertainment Distribution Company, Inc. - EDCI
Entertainment Properties Trust - EPR
EntreMed, Inc. - ENMD
Environmental Power - EPG
Enzon Pharmaceuticals, Inc. - ENZN
EPICEPT CORP - EPCT
EXACT Sciences Corporation - EXAS
EXTRA SPACE STORAGE INC - EXR
Far East Energy Corporation - FEEC.OB
Female Health - FHCO
FiberTower Corporation - FTWR
Fidelity Southern Corporation - LION
FinishMaster - FMST.PK
First Mercury Financial Corporation - FMR
First United - FUNC
Five Star Quality Care, Inc. - FVE
Flagstone Reinsurance Holdings Ltd. - FSR
Flanders - FLDR.PK
FLOTEK INDS INC DEL - FTK
FMC Corporation - FMC
Forest Oil Corporation - FST
Fortress Investment Group LLC - FIG
Forward Industries - FORD
Frozen Food Express Industries - FFEX
Fuel Tech, Inc. - FTEK
GAFISA S A - GFA
Gaiam - GAIA
GAMCO Investors, Inc. - GBL
GateHouse Media, Inc. - GHSE.PK
Genco Shipping & Trading Limited - GNK
General Growth Properties Inc - GGP
GEOKINETICS INC - GOK
GeoMet, Inc - GMET
GeoResources - GEOI
Giordano International Ltd - GRDZF.PK
GLADSTONE COML CORP - GOOD
Global Cash Access - GCA
Globecomm Systems Inc. - GCOM
GNC Corporation - GNC
GOLFSMITH INTL HLDGS INC - GOLF
GP Strategies - GPX
Granite Construction - GVA
Great Lakes Dredge & Dock Corporation - GLDD
GREENLIGHT CAPITAL RE LTD - GLRE
Griffon - GFF
Grubb & Ellis - GBE
GTSI Corp. - GTSI
H&E Equipment Services, Inc. - HEES
Hansen Medical, Inc. - HNSN
Harbinger Group Inc. - HRG
Harvest Natural Resources, Inc. - HNR
HAYNES INTERNATIONAL INC - HAYN
Headwaters Inc. - HW
Health Care REIT, Inc. - HCN
HealthMarkets - UCI
HealthTronics, Inc - HTRN
HeartWare International - HTWR
Herbalife Ltd. - HLF
Heritage Financial - HFWA
Hilltop Holdings Inc. - HTH
HKN, Inc. - HKN
HOLLYSYS AUTOMATION TECHNOLOGI - HOLI
Hologic - HOLX
HRPT Properties Trust - HRP
Hudson Technologies - HDSN
Hypertension Diagnostics - HDII.OB
I.D. Systems - IDSY
Icagen Inc - ICGN
Icahn Enterprises L.P. - IEP
Idenix Pharmaceuticals, Inc. - IDIX
Idera Pharmaceuticals, Inc. - IDRA
ILLOVO SUGAR LTD - ILVOF.PK
Immucell - ICCC
Immunomedics - IMMU
inContact, Inc. - SAAS
Inergy, L.P. - NRGY
InfoUSA - IUSA
Innophos - IPHS
INNOVARO INC - INV
Inspire Pharmaceuticals - ISPH
Integra LifeSciences Corporation - IART
Integral Systems - ISYS
INTERNATIONAL WIRE GROUP INC - ITWG.PK
Intevac, Inc. - IVAC
Investors Title Company - ITIC
IPG Photonics Corporation - IPGP
IRIS International, Inc. - IRIS
John Bean Technologies Corporation - JBT
Jones Soda Co. - JSDA
K12 INC - LRN
Kaydon - KDN
Keystone Consolidated - KYCN.OB
Kingsway Financial Services - KFS
Kronos Worldwide - KRO
LADENBURG THALMAN FIN SVCS INC - LTS
Lakes Entertainment, Inc. - LACO
Landry's Restaurants - LNY
LeapFrog Enterprises, Inc. - LF
LEGACY RESERVES LP - LGCY
Leucadia National - LUK
Lifetime Brands, Inc. - LCUT
Lionbridge Technologies - LIOX
LMA INTERNATIONAL NV - LMINF.PK
LMI Aerospace - LMIA
LNB BANCORP INC - LNBB
Loews Corp. - L
LookSmart Ltd. - LOOK
LTC Properties - LTC
M&F Worldwide - MFW
Macquarie Infrastructure Company - MIC
Magna International Inc. - MGA
Magnetek - MAG
MAIN STREET CAPITAL CORP - MAIN
MANITEX INTL INC - MNTX
Marchex, Inc. - MCHX
MARLIN BUSINESS SERVICES CORP - MRLN
MARSHALL EDWARDS INC - MSHLD
Martin Midstream Partners - MMLP
Max Capital Group Ltd. - MXGL
McCormick & Schmick's Seafood Restaurants, Inc. - MSSR
McKesson Corporation - MCK
Meadowbrook Insurance - MIG
Medallion Financial - TAXI
Medical Staffing Network - MSNW.PK
MEDNAX, Inc. - MD
Medquist - MEDQ
Mercer International - MERC
Mercury General - MCY
Metropolitan Health - MDF
MI Developments Inc. - MIM
Michael Baker Corp. - BKR
MicroStrategy Incorporated - MSTR
Micrus Endovascula - MEND
MiddleBrook Pharmaceuticals, Inc. - MBRK
Milestone Scientific - MLSS.OB
mktg, Inc - CMKG
MOCON Inc. - MOCO
Morton's Restaurant Group, Inc. - MRT
MTR Gaming Group - MNTG
Nam Tai Electronics, Inc. - NTE
NANJING DAHE OUTDOOR MEDIA CO - NJDOF.PK
National Dentex - NADX
National Healthcare - NHC
NATIONAL INTERSTATE CORP - NATL
National Retail Properties, Inc. - NNN
National Western Life Insurance - NWLI
NetSuite Inc. - N
Network Equipment Technologies - NWK
NeuroMetrix, Inc. - NURO
New Dragon Asia Corporation - NWD
New York Mortgage Trust Inc - NYMT
Newcastle Investment Corp. - NCT
NIC - EGOV
Nicholas Financial - NICK
NL Industries - NL
NN Inc. - NNBR
Nordic American Tanker - NAT
Novavax - NVAX
NTS RLTY HLDGS LTD PARTNERSHIP - NLP
Numerex Corp. - NMRX
NutriSystem - NTRI
NVIDIA Corporation - NVDA
NYMAGIC - NYM
ODYSSEY MARINE EXPLORATION INC - OMEX
Omega HealthCare Investors, Inc. - OHI
Omega Protein - OME
OMNI ENERGY SERVICES - OMNI
One Liberty Properties - OLP
Opko Health Inc. - OPK
Optimal Robotics - OPMR
Orbit International Corp. - ORBT
ORBITZ WORLDWIDE INC - OWW
Orchid Cellmark Inc - ORCH
Orexigen Therapeutics, Inc. - OREX
Orthovita, Inc. - VITA
OSIRIS THERAPEUTICS INC - OSIR
Osteotech - OSTE
Otter Tail Power - OTTR
OVERHILL FARMS INC - OFI
OYO Geospace - OYOG
Pacific Office Properties Trust - PCE
Panhandle Oil and Gas Inc - PHX
PARKE BANCORP INC - PKBK
Parkvale Financial - PVSA
Parkway Properties Inc. - PKY
PATRIOT TRANSN HLDG INC - PATR
PC MALL, Inc. - MALL
PDI, Inc. - PDII
Pennichuck - PNNW
Penwest Pharmaceuticals - PPCO
Pericom Semiconductor - PSEM
Perma-Fix Environmental Services - PESI
PetroQuest Energy - PQ
Philippine Long Distance Tel. Co. - PHI
PINNACLE AIRLINES CORP - PNCL
PINNACLE BANK GILROY CALIF - PBNK.OB
Pitney Bowes Inc. - PBI
Plug Power - PLUG
PMC Commercial - PCC
Post Properties, Inc - PPS
Powell Industries, Incorporated - POWL
PowerSecure International, Inc. - POWR
Powerwave Technologies - PWAV
Preferred Bank - PFBC
Presstek Incorporated - PRST
Pressure BioSciences - PBIO
Princeton Review - REVU
PS Business Parks - PSB
PSEG - PEG
PSS World Medical, Inc. - PSSI
Psychemedics Corporation - PMD
PVF Capital - PVFC
Qiagen N.V. - QGEN
Quanta Services - PWR
Rackspace Hosting, Inc. - RAX
Radian Group - RDN
Ralcorp Holdings, Inc. - RAH
RAM Energy, Inc. - RAME
RCM Technologies - RCMT
Redwood Trust, Inc. - RWT
Regal-Beloit Corporation - RBC
Regent Communications Inc. - RGCIQ.PK
Reis, Inc. - REIS
Relm Wireless Corporation - RWC
REN REDES ENERGETICAS NACIONAI - RENZY.PK
RESOURCE CAP CORP - RSO
RHI Entertainment, Inc. - RHIE
Riverview Bncp Inc - RVSB
Riviera Holdings Corporation - RVHL.PK
RIZAL COMMERCIAL BANKING CORP - RZLCF.PK
Rogers Corporation - ROG
Rosetta Resources Inc. - ROSE
Sabine Royalty Trust - SBR
Safety Insurance Group Inc - SAFT
Saul Centers - BFS
Savient Pharmaceuticals, Inc. - SVNT
Savvis, Inc. - SVVS
Seaboard - SEB
Senior Housing Properties Trust - SNH
Silverleaf Resorts - SVLF
Sirius Satellite Radio - SIRI
Skilled Healthcare Group, Inc. - SKH
SM PRIME HLDGS INC - SPHXF.PK
SMARTPROS LTD - SPRO
Smith Micro Software - SMSI
Solar Capital Ltd. - SLRC
SOMAXON PHARMACEUTICALS INC - SOMX
Sotheby's - BID
Southwest Gas - SWX
Span-America Medical Systems - SPAN
St. Mary Land & Exploration - SM
Standard Motor Products - SMP
Star Gas Partners - SGU
StemCells, Inc. - STEM
Stone Energy - SGY
SuccessFactors Inc. - SFSF
SULPHCO INC - SUF
Sun Hydraulics - SNHY
Sunesis Pharmaceuticals, Inc. - SNSS
SunOpta Inc. - STKL
Sunrise Senior Living - SRZ
Superior Industries - SUP
Supertel Hospitality Inc. - SPPR
Sykes Enterprises, Incorporated - SYKE
Synchronoss Technologies, Inc. - SNCR
SYSCO Corporation - SYY
TAL International Group - TAL
Tandy Leather Factory, Inc. - TLF
TBS International Plc - TBSI
Technitrol - TNL
TechTeam Global - TEAM
TeleChoice International Ltd - TEITF.PK
Telecom Corporation Of New Zealand Ltd - NZT
Telephone and Data Systems, Inc. - TDS
TELUS - TU
TerreStar Corporation - TSTR
Tesco - TESO
Texas Roadhouse, Inc. - TXRH
TFS FINANCIAL CORPORATION - TFSL
TGC - TGE
The India Fund, Inc - IFN
The Principal Financial Group - PFG
Thermogenesis - KOOL
Thomas Group - TGIS
THOMAS PROPERTIES GROUP INC - TPGI
Threshold Pharmaceuticals, Inc. - THLD
TIB Financial - TIBB
TICC CAPITAL CORP - TICC
Titanium Metals Corporation - TIE
TNS INC - TNS
TransMontaigne Partners L.P. - TLP
TRC Companies - TRR
Tredegar Corporation - TG
Trump Entertainment Resorts - TRMPQ.PK
U.S. Gold Corporation - UXG
UDR, Inc. - UDR
UFP Technologies - UFPT
UIL Holdings Corporation - UIL
UMH Properties, Inc - UMH
Unica Corporation - UNCA
United America Indemnity, Ltd. - INDM
United American Healthcare Corporation - UAHC
United Capital - AFP
United Security Bancshares - UBFO
Unitrin, Inc. - UTR
Universal Display - PANL
Universal Technical Institute, Inc. - UTI
US Concrete Inc. - RMIX
USEC Inc. - USU
Valeant Pharmaceuticals International - VRX
VANGUARD NATURAL RESOURCES LLC - VNR
VaxGen, Inc. - VXGN.OB
VCG HLDG CORP - VCGH
Venoco Inc - VQ
VERAZ NETWORKS INC - VRAZ
Vestin Realty Mortgage I, Inc. - VRTA
VIEWPOINT FINANCIAL GROUP - VPFG
VIRTUS INVT PARTNERS INC - VRTS
Vista Gold - VGZ
Volcano Corporation - VOLC
Vulcan Materials - VMC
Warwick Valley Telephone - WWVY
WATERSTONE FINANCIAL INC - WSBF-
Waytronx, Inc. - WYNX.OB
Westmoreland Coal - WLB
WILBER CORP - GIW
WONDER AUTO TECHNOLOGY INC - WATG
XERIUM TECHNOLOGIES INC - XRM
XTO Energy Inc . - XTO
YAMANA GOLD INC - AUY
YORK WATER CO - YORW
Zoom Technologies Inc. - ZOOM


Have a nice weekend,

AC

TRN - The daily chart is showing signs of of strength again for the short-term. The momentum indicators are giving a buy and are moving into a positive zone. From a technical perspective the rally is back again as K line has just crossed on top over D line and stock is back above 5 day moving average, a positive signal. The short-term outlook would remain bullish as long as the price holds above the stop-loss level of 17.66. The stock could move to the immediate target zone at 18.80-19.10.

MOT - I have followed Motorola for while and over the last dayss I never seen so many buyers purchasing the stock. The volume over the recent days has dramatically increased. There are some days when the normal average volume is reached in the first two hours of trading, which mean someone is accumulating a huge amount of shares for the coming months. The On the balance indicator shows exactly this situation. Probably the turning point for Motorola is getting clearer and many people decided to readjust its own portfolios. I bet on Motorola for the short-term and medium term. The technical chart shows a very bullish sign as the stock is back on top of 10 day moving average. In addition K line is still above D line and MACD above 0, showing bull market. For now, expect a run up to next resistance area around $9.20. If the stock is able to cross it and sustain above it, then it might go to $9.45. Support lies around $8.51. Technically Bullish.

Other Stocks to Watch - ( Pattern is Bullish Engulfing )

LVS - LAS VEGAS SANDS CP
MGM - MGM MIRAGE
AA - ALCOA INC
AUY - YAMANA GOLD INC
HAL - HALLIBURTON CO HLDG CO
GG - GOLDCORP INC
SLW - Silver Wheaton
CVM - CEL-SCI Corp
EP - EL PASO CORP
COP - ConocoPhillips
CX - CEMEX S.A.
FLEX - Flextronics International
GILD - Gilead Sciences, Inc.
IAG - IAMGOLD CP
HMY - HARMONY GOLD MINING
EGO - ELDORADO GOLD CP
STLD - Steel Dynamics, Inc.
GGB - GERDAU USA
RIG - Transocean Ltd
CAT - Caterpillar Inc
CVX - Chevron
DHI - Horton DR Inc
ACI - ARCH COAL INC
CNO - CONSECO INC
RDC - ROWAN COS INC
ANR - ALPHA NATURAL RESOURCES
NOV - NATIONAL OILWELL INC
KWK - Quicksilver Resources
FST - FOREST OIL CORP
CIEN - CIENA Corporation
MEE - Massey Energy Co
MOS - Mosaic Co
WYNN - Wynn Resorts LTD
COMS - 3Com Corporation
DVN - Devon Energy Cp
CLF - CLEVELAND CLIFFS INC
YGE - Yingli Green Energy
CMC - COMMERCIAL METALS CO
EWC - WEBS Canada
TOL - TOLL BROTHERS INC
JDSU - JDS Uniphase Corporation
SAI - SAIC INC
OCNF - Ocean Freight
IVN - IVANHOE MINES LTD ORD
NOVL - Novell, Inc.
DNDN - Dendreon Corporation
TOT - Total Sa
UDR - UDR Inc
TEX - TEREX CORP
MAC - MACERICH CO
FISV - Fiserv, Inc
SYNA - Synaptics Incorporated
TIBX - TIBCO Software, Inc.
SVM - Silvercorp Metal
BG - BUNGE LTD
VMW - VMWARE INC CLASS A
BIDU - Baidu Inc
SUN - SUNOCO INC
ECL - ECOLAB INC
AMB - AMB Property Corp
ABAT - Buy It Cheap.com Inc
CREE - Cree, Inc.
ME - Mariner Energy Inc
MOLX - Molex Incorporated
RHT - Red Hat, Inc.
NSU - NEVSUN RESOURCES LTD
COG - CABOT OIL & GAS CORP
FMC - F M C CORP
SOL - Renesola Ltd
HOC - Holly Cp
PLL - PALL CORP
LAMR - Lamar Advertising
RY - ROYAL BANK OF CANADA
RGLD - Royal Gold, Inc.
SOA - Solutia Inc
ITRI - Itron, Inc.
IPI - Intrepid Potash Inc
TNDM - Neutral Tandem Inc
BARE - BARE ESCENTUALS
PETM - PETsMART, Inc.
KCI - KINETIC CONCEPTS INC
HLCS - Helicos BioSciences
CRR - CARBO CERAMICS INC
CRZO - Carrizo Oil & Gas
LNCR - Lincare Holdings Inc.
PL - PROTECTIVE LIFE CORP
DSX - DIANA SHIPPING INC
WRES - WARREN RESOURCES INC
FEED - AgFeed Industries Inc
AOD - ALPINE TOTAL DYNAMIC
DNN - Denison Mines
GPI - GROUP I AUTOMOTIVE INC
BMO - BANK OF MONTREAL
GNTX - Gentex Corporation
RJF - RAYMOND JAMES FNCL INC
WRC - Warnaco Group Inc
BRY - BERRY PETROLEUM CO
SLF - Sun Life Fincl Inc

Other Stocks to Watch - ( Pattern is Bearish Engulfing )

NOC - NORTHROP GRUMMAN CORP
HSY - Hershey Corp
SPCK - SUPERCLICK INC
CNXT - Conexant Systems, Inc.
VCGH - VCG HLDG CORP
PCAP - PATRIOT CAP FUNDING
HI - Hillenbrand Inc
QBC - Cubic Energy Inc
RSCR - Res-Care, Inc.
KCAP - Kohlberg Capital Corp
SUMR - Summer Infant Inc
TRUE - UnionBancorp, Inc

CRIS is cheap. It's a bargain stock in the oncology space according to Brean analyst. Today, he initiates coverage on Curis with Buy rating. Target price $4. Brean analyst says, "We are initiating coverage of CRIS with a Buy rating based on our sum-of-the-parts analysis. Despite significant stock appreciation since late last year, we believe Curis remains an undervalued player in the oncology space, well poised for significant upside primarily driven by potential positive data from a pivotal Phase 2 trial of GDC-0449, a first-in-class hedgehog inhibitor in collaboration with Genentech, in basal cell carcinoma (BCC) in 2H10, proof-of-concept data from 2 Phase 2 trials in colorectal cancer and ovarian cancer in 2H10, and Phase 1 data of CUDC-101, a promising next-generation multi-target inhibitor, in advanced solid tumors, which would also serve as a validation of the company’s platform technology." CRIS experienced a huge increase in volatility after the latest speculation surrounding a possible takeover, a scenario which seems very realistic. Here is a technicasl daily chart showing the breakout area and the subsequent consolidation pattern. CRIS is pulling back in a pennant type pattern into a rising 50-day moving average. I also believe the stock is cheap and is poised for an explosive move upward.

TRN has been in an correction the past two weeks. The move prior to the pullback was very strong. If the correction is complete, then it's possible that TRN will make a new leg up. Examining the past few candles reveals that bounced off the lower band and has now retaken the 13-day moving average. The technical daily chart shows positive sign as the stock has been above 50 day moving average since August. In addition, stochastics shows fresh buy signal as K line is now on top over D line.

The technical daily chart of AOB doesn't look pretty as indicators such as MACD, RSI and the 50 day moving average all indicates continuous trend of weakness. The only technical indicator which shows signs of bullishness is Stochastics which suggest a buy as the K line just crossed on top over D.

TRN was very strong on Friday as the stock closed up $0.35 with a nice volume. The stock is back at the top of its range and could make a breakout move soon. Resistance is $16.03, which is the high of this range. I'm buyer of TRN once it breaks through this high on a close basis. Keep TRN on your screen throughout the day on Monday.

The short bullish momentum of YHOO continued today. The stock topped at$14.64 and closed at $14.50, up 0.22 cents (+1.54%) on volume of 17M. My model remains long, targeting 15.22 ( 50 dma ). Immediate support is seen at 14.24 area. CCI heading up towards -100 line on daily chart. YHOO can be a good trading stock, so watch it closely on Monday.

JASO has recovered nicely and can potentially set-up very well for a swing-trade if the stock breaks through the resistance level at $3.61. Technical indicators are becoming more favorable with MACD and Stochastics starting to turn up. There could be good upside in this trade, so watch JASO closely next week.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all Folks. See you on Monday...
Cheers!

AC

TSL is still facing resistance around 28. The technical daily chart is showing some bullish bias. On Balance Volume is increasing, indicating accumulation of shares in the market and KD line is indicating upward swing. If the surge can continue as the KD indicates, MACD may be pushed to above 0, indicating a buy. One thing I would like to point out was the unusual options activity in stock over the day. If you go out to the October 2009 options expiration contracts, you will see that nearly 5657 contracts have been traded in the Oct 09 $30 CALLS. Keep TSL on your radar......

TRN is in a good medium-term uptrend. The price has bounced off the low of $11.55 touched in late July. At this stage,the technical daily chart shows positive sign as the stock is now above both 50 day and 200 day moving aveage with MACD also back above 0 showing positive sign. The price can head towards the $16.48/50 zone. If this zone is surpassed, getting to 17.34 would be a possibility. Add to your position once there is a close above 16.

TRN showed strength on Friday, as the stock closed up $.94 on the day. This stock is setting up for a big upside move, and I'm going to be there when it happens. If TRN can break through $16.03, we should see volume buying in the stock. From the technical chart both MACD and KD are showing bullish sign as MACD is rising near 0 while KD is crossing up. Keep this one on your radar for Monday.

VRSN traded lower on Friday, as the company released earnings after Thursday’s close. The stock traded heavy volume as it hit a low of $18.44 on the day. I will be watching VRSN on Monday, looking for a follow through move. If the sellers come back and take VRSN back through Friday’s low, we should see strong volume as the stock moves lower. Looking at the technical chart, the pullback below the short-term support level accompained by a bearish MACD crossover, suggests that the selling pressure dramaticaly increased and the stock might test $18 levels in the short term if it is able to sustain below $19.50.

TRN - Here is my top pick for 2009. Any spending package from Obama is likely to include considerable spending on roads and rail as well. Trinity Industries (TRN), owns a leading producers of concrete, aggregates, and asphalt in Texas and neighboring states and the only full-line US manufacturer of highway guardrail and crash cushions, meaning that they are very well placed to benefit from the stimulus. The stock made indecisive movement on Friday by opened and closed at almost the same price and formed a Doji candle stick formation on daily chart. I still have a valid bullish channel on hourly chart. My model remains mixed with upside bias. Although bears continue to dominate the bulls in January, the stock may be finally testing for firm support around the 13.40 baseline. One key indicator that I will monitor closely is the reversal KD, where now K line and D line are tangled together. If K line can break above D line we may see some rally.

LMNX - The short-term trend is up. The immediate target is 20.96. The stock should be bought only on a close above 21.28, as it faces strong resistance at that level.

From a technical perspective the share price ruled weak in line with my view outlined last week. It dropped below the negative trigger level of 14.84 ( MM50 ), which has imparted weakness. The short-term outlook remains bearish, however TRN seems to have reached a level that has a strong support. If nothing happen, TRN offers a clearly defined entry point level, limited risk, and good profit potential. Honestly I think the stock is way under valued at current prices and could have a big rally in the next few weeks, and should be bought not sold.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all Folks. See you tomorrow !!!

AC

CSIQ is a stock that just 5 months ago made new all-time highs at $51.80 but failed to follow-through on the breakout and started to get some aggressive selling when the indexes received a sell signal. The stock has dropped almost $49 from the highs and in November of 2008 reached an amazing price of $3.11 per share. At this moment the stock is in a recovery mode trading at $6.91/share. Looking at the technical daily chart, the stock the near-term outlook is clearly bullish and a close above $7.20 would confirm this view. On the contrary, a close below 6.10 will have bearish implications and would push the stock to the Rs 5-5.17 range. Hold with a stop-loss at 6.10.

RF - Looking at the daily technical chart the long term trend is still weak as the stock is still below 200 day moving average with the moving average keeps falling. However the stock may be in a rally for the short term as K line has crossed on top over D line. Investors can hold the stock with a stop at $10.44 ( 50-day moving average ). If this level holds, the stock can move up to $14.

YHOO - The stock plunged to a new year low of $15.54 in Thursday's trading session. The technical chart shows weakness as the stock has dropped below the key support level of $17.25 on Monday and MACD has dropped below 0. It may be better to stay away from the stock for now.

GOOG - Trendline support has been broken today on the daily chart at $406.38 with the next target at $360. I would exit longs at this time. An aggressive trader may want to short GOOG here. Technically, the stock is in a Bearish mode with MACD below signal line and the price below both 50 and 200 day moving averages.

The daily chart of TRN shows horizontal support has been broken below. Next support is now at $24.30.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. See you tomorrow !!!

AC