Wednesday, August 31, 2005

OMM

OMI Corp. (OMM) is seeing some good action today.. It blasted through both the 50 and 200dma on good volume so keep a watch on this for the rest of the week.

BCON


Bcon is turning into a real stinker. This is it's sixth down day in a row, the MACD has turned bearish, and there has been some insider selling. I would stay out of this one until the results come back from the California deal.. Remember, they haven't even shipped the units out there yet, so it could be a while till BCON is back to its old self.

BOOM Technical Analysis


Shares of Dynamic Materials Corp. (BOOM) have been booming today.. Although I do have one concern. Where's the volume? With no volume, its going to hit the 50dma and get sold all the way back down. There are two more hours of trading today, so keep a watch on Dynamic Materials.

Tuesday, August 30, 2005

WMB

Williams Companies Inc. (WMB) is still looking like a good buy.. keep this one on the radar

SWN


Southwestern Energy Co. (SWN) is really starting to heat up.. keep an eye on it

Defying Gravity

Gravity Co. Ltd. (GRVY) is soaring today.. keep a close watch on this one.

NX Technical Analysis


It looks as if there is a cup and handle forming in Quanex Corp. (NX). Be on alert for a breakout above the cup line confirming the trend.

Hurricane Katrina

Early estimates put damage from the hurricane at up to $26 billion. This is bad for insurance companies like Allstate Corp. (ALL) who have to pay the claims. Keep this one on the doppler as the hurricane takes it's toll on the southern coast.

STEM


Shares of StemCells Inc.(STEM) are seeing lots of support around $5... could be a triple bottom forming. Keep a watch on STEM in the weeks to come.

Monday, August 29, 2005

AMLN


Amylin Pharmaceuticals Inc. (AMLN) continues to make new highs. The stock is up 17% since I first mentioned it last week.

ESLR

Evergreen Solar Inc. (ESLR) is really starting to move so keep this one on the radar.

SNDK

SanDisk Corp.(SNDK) is looking good this morning.. keep it on your watch list for the week

MSO

Shares of Martha Stewart Living Omnimedia Inc. (MSO) jumped on the news last week of Martha's new reality tv show. Interestingly enough, shares of MSO have tripled since her conviction in March of 2004

HANS watch


Hansen Natural Corp.(HANS) has been performing well this year. As far as technical analysis goes, it looks as if the MACD is beginning to look bullish.. Also it was announced recently that HANS is gong to be added to the S&P SmallCap 600. I would keep a watch on this one in the weeks to come.

Under Armour

Under Armour has finally decided to go public. This move will benefit the company by raising lots cash helping to keep competitors like Nike at bay.

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Oil Tops $70

The price of oil continues to rise...

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Friday, August 26, 2005

CVO


Take a look at Cenveo Inc (CVO). There has been some insider buying going on this week.. I know I'm a little late on the TA, but I just noticed this stock.

ITWO


Shares of I2 Technologies (ITWO) have been doing well lately.. They have recovered from the drop Monday on the news of a second offering. It looks like there has been some interesting after hours activity yesterday. I would wait to see how tomorrow pans out before making any decision.

Thursday, August 25, 2005

CUB

Cubic Corp (CUB) is continuing the run it started yesterday on ten times average volume.. For those of you who follow Crazy Cramer, he doesn't advise purchasing this stock much above $17.

ENER

Energy Conversion Devices Inc (ENER) has been having a good week so far.. I would put this one on your watch list

Six Flags

Six Flags Inc (PKS) got a nice bump this morning.. I mentioned this stock earlier this month.. congrats to those who got in before the move.

BCON bomb

BCON is dropping on significant volume.. I would steer clear of this one until things level out a bit.

GOOG


Keep a watch on Google shares these next couple of days. It's approaching the 50dma. If it can successfully break through, it could signify the end of this down trend we've been seeing lately. I've initiated a small speculative long position in case of just that. I'll buy more if I'm right

Wednesday, August 24, 2005

WMB


Keep an eye on Williams Companies Inc (WMB). The stock has seen some nice support on its 50dma recently.. I have always like WMB and still believe it is an excellent long term investment.

RFMD

RF Micro Devices Inc (RFMD) saw some good action today.. I would keep an eye on this one for the rest of this week.

BCON

Beacon Power Corp (BCON) really took a beating today.. It closed 20% off the intraday high.. ouch! Tomorrow should be interesting.

GMR


General Maritime Corp (GMR) is looking good today.. the stock is up on good volume and both the stochastic and MACD are looking bullish.

MWY

There has been significant insider buying in Midway Games Inc (MWY) lately. The stock has also been making some decent gains. Keep an eye on Midway to see where it goes from here.

Ameritrade


Ameritrade Holding Corp (AMTD) has been on the rise lately. Here is the chart. Keep a watch on this and E*TRADE Financial Corp (ET). Both have been performing well this year.

BIDU

Shares of BAIDU.COM, INC. (BIDU) rose 12% yesterday in anticipation of their earnings.. Although they posted good numbers, I still believe BIDU is extremely overvalued. The stock is down in after hours trading.

Tuesday, August 23, 2005

Tucows

I mentioned Tucows (TCX) a while ago back when they were trading over the counter. Today the stock jumped 20%.. I would wait for it to go down a little before jumping in though. Definitely keep this one on your watch list.

BCON...again!


I feel like I mention this stock everyday.. BCON once again is making new highs. As usual, keep a close watch on this stock. This thing is really flying

Early Movers

These stocks are trading up this morning.. keep a watch on them for the rest of the day:

Beacon Power Corp (BCON)
Amylin Pharmaceuticals Inc (AMLN)
Lions Gate Entertainment Corp (LGF)
Plumtree Software Inc (PLUM)
Alkermes Inc (ALKS)

EYET

Yesterday OSI Pharmaceuticals (OSIP) tanked about 20% on the news that it is buying Eyetech Pharmaceuticals (EYET). Shares of Eyetech finished up 30% on the day..

Monday, August 22, 2005

PPCO

Penwest Pharmaceuticals Co (PPCO) soared today after it announced positive results from the Phase III clinical trial of the drug Oxymorphone.

ERES

eResearchTechnology Inc (ERES) saw some pretty good action today. I said a while ago that I believed the Vioxx ban would benefit ERES. That combined with the recent outcome of the trial only confirms the importance of cardiac safety monitoring.

BCON Alert

Beacon Power Corp (BCON) made a new 52 week high today.. it's really flying. Keep a close watch on BCON.. lots of potential.

VRTX

After the Merck Vioxx fiasco last week where do you put your money now? Might I suggest Vertex Pharmaceuticals. VRTX is a pharmaceutical company definitely worth taking a look at.. its shares jumped on friday after it was upgraded by JP Morgan. Keep this one on the trading radar for tomorrow.

NTRI


NutriSystem (NTRI) recently bounced off it's 50 dma. This is a company that has overcome many setbacks over the years to get to this point. NTRI has great management and they are growing at an incredible rate. Keep an eye on NTRI this week to see where it goes from here.

NWAC Strike

Mechanics for Northwest Airlines (NWAC) went on strike this weekend. The company says it will keep flying though.. "We will now be implementing the contingency plan that we have spent 18 months preparing" It sounds like they are well prepared for this and most likely the strike will be nothing more than a thorn in their side... from the most expensive rose bush money can buy.

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Friday, August 19, 2005

You Lose Merck

"A Texas jury found pharmaceutical giant Merck & Co. liable for the death of a man who took Vioxx, awarding his widow $253.4 million in damages in the first of thousands of lawsuits pending across the country..."

Wow.. here comes the selling..
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GEOI TA


I noticed that Georesources Inc (GEOI) is running into some support at this level.. also the stochastic is beginning to look bullish. GEOI released a good earnings report last Friday.. keep a watch on this stock for next week. If it can hold here, there's a good possibility it will rise again

RGLD

Royal Gold Inc (RGLD) is another gold stock that is worth looking into.. they announced earnings yesterday and the stock gapped up this morning as a result of the news

ADSK

Autodesk Inc (ADSK) is really movin this morning so keep a close watch on it.

Thursday, August 18, 2005

Stocks To Watch

All of these stocks finished up big today on larger than average volume.. keep a watch on these for tomorrow and next week:

Human Genome Sciences Inc (HGSI)
Myogen Inc (MYOG)
Northwest Airlines Corp (NWAC)
Six Flags Inc (PKS)
Tommy Hilfiger Corp (TOM)

Google

GOOG is trading down this morning after the company announced they are selling $4 billion in stock.. Google said, "it would use the proceeds from the sale for general corporate purposes, including working capital, capital expenditures and acquisitions of complementary businesses, technologies or other assets." So what are they going to buy? I wouldn't be surprised if we find out in a week or two... something is about to happen.

Eureka!!


The price of gold is on the rise.. stocks that will benefit: besides GG, I also like NEM and AU

Oil Slick

Oil stocks have been getting crushed these past two days.. lots of profit taking. I would wait until the dust settles before deciding to jump in again

Penny Stock- AOOR

I'm not really into penny stocks, but this one is intriguing.. check out the insider buying. The CEO has been buying up shares like crazy. I want to know what he knows.

Wednesday, August 17, 2005

BCON alert!


I've been looking at the chart, and I believe this is healthy for BCON.. It looks like there might be some support around the $3.20 area... keep a close watch on this one. This company has lots of potential. Tomorrow should be interesting.

TMTA Alert

I actually noticed this stock last week.. but then I forgot about it.. big mistake. It just got downgraded, so keep a watch on TMTA for the rest of this week.

Bud..Weis..Errrr


There's nothing better than cold beer, but this one is a little too cold... I always thought those frogs were dumb. This BUD's not for you

TRE Watch

Tan Range Exploration Corporation (TRE) has been on the rise lately.. definately worth taking a look.

Ooops!

Dicks Sporting Goods Inc (DKS) fell hard today yesterday after they released earnings.. I would stay away from this stock at least till things settle down. I bet Cramer feels bad about this one.

Tuesday, August 16, 2005

It's a bird.. it's a plane..


It's BCON.. and the stock is making new highs today on good volume.. BCON has been "BOOMing" lately... lots of potential. Keep a watch on this one as the week progresses.

Goldcorp

Goldcorp is trading up nicely after thier earnings release. It's up over ten percent since I featured it last week. Keep an eye on this stock.. GG is on the rise

BIDU..naa

BIDU is not a $90+ stock.. enough said. Maybe one day, but not now.

DCEL


DCEL just made a new high yesterday.. although the candlestick may indicate a reversal, I still like the stock and am interested to see where it's going from here.

Google??

Google dropped out of the sky under some decent volume during the last hour of trading yesterday. This stock is definitely worth a watch, especially when there is talk of an S&P 500 addition around the corner..

Monday, August 15, 2005

Timmberrr - SFNT


For those of you who took heed to my warning on the last SFNT post, you were lucky and got out at above $37.. Now we just broke below the 200dma with the possibility heading further south.

SIRI up to the test?


Keep a close watch on SIRI this week.. it just tested the 50dma. The stochastic looks bullish, but the MACD isn't looking too hot. To be sure, I would wait for the fast line to cross the slow line, or at least until they converge a little more.

Penny Stock Alert - DANKY

Danka Business Systems(DANKY) has continued it's climb after its positive earnings release last week. Keep this one on your watch list.

Saturday, August 13, 2005

DSTI


DayStar Technologies Inc (DSTI) has been looking bullish lately. There's lots of support and the macd is starting to turn up.. keep this one on the radar as the week progresses

Friday, August 12, 2005

BCON earnings

BCON is going to report their earnings today after the bell. I generally don't like to hold any position through earnings unless I'm very confident of the outcome. As far as BCON goes, I would not expect to hear anything financially exciting... but I do like the direction the company is going. I am choosing to take my profits and not risk an earnings disaster. Don't get me wrong, I like where BCON is going, but if this thing is going to go through the roof, will it matter if I bought it at $2 or $4? Profit is always better than a loss. I've learned the hard way that it is far better to realize gains and make a profit than to risk see it all go away and some. Pigs get slaughtered.

ONNN TA


It looks like there could be a possible reversal going on in ONNN... check out that hammer (bullish). Also, the stochastic indicates that the stock might begin to rise too. Keep a watch on this one to see where it goes from here.

DELL

Dell Inc (DELL) got creamed in after hours today after they released their quarterly earnings... looook out belowww

BCON


BCON is at it again.. it was just a normal day in BCON land today. Nothing too special, just another 30% gain!! This stock is nuts.. but I guess that makes me crazy too for owning it then. How long will it last? Tomorrow might serve as an indicator of things to come .. if we have a successful test of monday's high, chances are this thing could go up again. As with any stock as volatile as BCON, you have to keep a very close watch on it to protect your gains.

Thursday, August 11, 2005

Goldcorp

Goldcorp (GG) is trading up once again today.. Goldcorp is a great company to own. With the rising price of gold, being the lowest cost producer in the industry is great. GG also pays dividends and has great financials. Definitely keep Goldcorp on the radar as time progresses.

AAPL

Its time to look at AAPL again.. those ipods are just too darn cool. The chart tells me it's poised for another run up. What did you say?? Is that patent rejection I hear?? Well in my opinion I don't think this is a serious issue. The ipod has too much name recognition for some knockoff to come in and steal its thunder. I may be crazy, but I always thought an Apple a day keeps... Microsoft's patent lawyers away??

Volume Alert

Agile Software Corp (AGIL) has been trading up on heavy volume for the past couple days.. it was also upgraded on Monday. Keep an eye on this one as the week progresses.

Good MORNing

Morningstar (MORN) reported their second quarter earnings yesterday.. and it was a blowout! They had a net income of $9.5 million, or 22 cents a share, compared with $1.3 million, or 3 cents, earned this time last year. The stock finished up about 16% for the day. Morningstar recently went public in May and its shares are up just over 70%.

PCO watch


Premcor (PCO) has had an outstanding year thus far. With the pending Valero takeover and rising oil prices, this stock is looking even better.. definitely keep PCO on your watch list.

Wednesday, August 10, 2005

OMM

Today OMI Corporation (OMM) approved the buyback of an additional three million shares. This is on top of the four million share buyback announced last december. OMM is trading up on the news so keep it on the radar

GOOG

Google is nearing its 50 dma.. i would wait to see if it crosses below or bounces back up before making a move.

ACDO


i like how after this stock jumped up in february, it waited to test its 50 dma before starting to rise again. definitely keep ACDO on the radar

BSX

BSX recently crossed above its 50 dma. it appears that its recent downtrend may be coming to an end.. so keep this one on your watch list

BYD


BYD is testing this april's lows.. a successful test will be very bullish indeed. also the stochastic indicates it may be oversold.

TALX

keep an eye on TALX... it has had a very strong year so far and shows no signs of slowing down.

Tuesday, August 09, 2005

Insider buying


last week there were some instances of insider buying in Anadigics Inc (ANAD). the stock has also been on the rise lately. keep an eye on this one as more information comes to light.

IPO watch

Golf Galaxy (GGXY) has been on the market for seven trading days now and since then, made some decent gains. GGXY is a profitable company with lots of growth potential, so keep an eye on it in the future.

ENTU

Entrust Technologies Inc (ENTU) made a move yesterday on seven times average volume.. watch to see if it comes out firing when the market opens.

Monday, August 08, 2005

BIDU

here comes the dump... this thing is so overpriced its ridiculous.. just take a look at the fundamentals

TOL

another down day for TOL.. 11% in two days...ouch!!

BCON

BCON is going crazy again today. when will the BCON rocket run out of fuel? if you aren't already in it, i would stay out until things calm down a little at least for now

Sunday, August 07, 2005

Sirius Learns To Share

Last week, Howard Stern signed a contract with In Demand to broadcast his radio show on TV. The In Demand show will contain highlights of his radio program, but unlike E!, it will be uncensored and only available through subscription. How will this affect Sirius now that Stern is now no longer exclusively theirs? I bet Mel and the boys were quite upset when they found out he's been cheating.

Friday, August 05, 2005

Adios BIDU

well i believe the party's over for BIDU at least for now. today was a great day.. i just sold at$140. when it's all said and done, i think i'll be glad i did.

BIDU!!


BIDU has gone absolutely crazy today.. it looks like it's going to break $100

PDLI breakout


Protein Design Labs Inc (PDLI) gaped up this morning testing wednesday's highs. keep an eye on this one as the day progresses.

TOL alert

Toll Brothers was downgraded early this morning... let the selling begin.

BIDU IPO update

well the price per share for baidu.com has risen again. at $27, it's priced $2 higher than the already raised $23 to $25 range. i do believe it was around this time last year that america last anticipated an ipo with such "googley" eyes. i would expect a run up in price at first as investors rush to grab available shares... after that, its anyone's game

Thursday, August 04, 2005

BIDU IPO

baidu.com (BIDU) will begin trading tomorrow morning. there has been a lot of talk lately regarding this stock and its growth potential. tomorrow will be an definitely be an interesting day for baidu.com "It's going to be a fire drill when this thing opens"

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VLO upgrade

Valero Energy Corp (VLO) was upgraded by Goldman Sachs this morning. Keep an eye on this stock.. it's on the rise.

WMB alert

Williams reported good earnings today. Their stock has also been on the rise as of late so keep a watch on these guys.

Wednesday, August 03, 2005

I'm Sirius


no kidding.. SIRI is starting to look really good lately. it could very well be poised for its next run up, so keep a close watch on this one. the upgrade today also helps. look for support at the 50 dma

TCOW


keep an eye on TCOW today... they release earnings after the close. Tucows has good honest management, a low P/E, and of course likes to make money.

Tuesday, August 02, 2005

Google

nice bounce off the 50 dma today.. its almost too easy. keep your eye on this one as it continues to rise

GOOG up to the test?


google is about to test the 50 day SMA. the stochastic says oversold, but the MACD doesn't look as positive. "google to the moon!!".. hmm we'll soon find out

Monday, August 01, 2005

ERES breakout


ERES had a nice bounce off of the 50 EMA before it crossed the 200. recently there has been some good press regarding their growth.
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