Friday, April 29, 2005

URBN

Urban Outfitters, Inc. is a short canidate for next week. The stock was down today on high volume. It could be headed to the 200 dma in a few weeks which is 39.70.

URBN CHART

Crude Oil Below 50 per barrel

Crude Oil closed below 50 per barrel for the first time since Feb. 18th.

Oil Plunges

CYCL

Centennial Communications Corp. is the trader hr free swing setup for Monday.

CYCL CHART

GOLD

With the dollar getting beaten up today gold is soaring.Keep those Gold Stocks on your trading radar today.

Budd Foxx

Stocks Trading Up In Pre-Market

SUNW, BOOM, MATK, SEBL, GOOG, SCHN, PLAY, WYNN, AAPL, ZRAN, SIRI, JNPR, CTRP, TECD, MSFT, and TZOO

Budd Foxx

Morning News

Futures are up pointing to a higher open.
March Personal Income and Outlays out today.
April Consumer Sentiment out today.
April Chicago PMI also out today.
April Agricultural Prices released today.
Q1 Employment Cost Index also today.
Upgrades K, NWL, RCI, and ALA
Downgraded LYO
Merrill Lynch cuts price target on (EL) from $ 54.00 per share to $ 44.00 per share.
Oil is $51.50 per barrel.

Budd Foxx

Thursday, April 28, 2005

EARNINGS

Some of the companies reporting on Friday.
Anadarko Petroleum Corp. (APC)
Bayer (BAY)
Cameco (CCJ)
Chevron Texaco (CVX)
Deutsche Bank (DB)
Peoples Energy Corp. (PGL)
Shire Pharmaceuticals Group (SHPGY)
Viad Corp. (VVI)
Zoom Technologies Inc. (ZOOM)

Budd Foxx

WTSLA

Wet Seal. Inc. is the trader hr free stock pick and swing setup for Friday.

WTSLA CHART

MSTR

Microstrategy will report earnings after the bell. The stock was upgraded this morning by Pacific Growth Equities. This stock has an improving chart.

MSTR CHART

Dow support at 10,100

Looking at the chart of the Dow we have some support at 10,100. We are currently bouncing around this key area of support. If we break this level we could be headed below 10K and if this level of support holds we could of made a short term bottom.

DJIA CHART

ALAN

Alanco Technologies, Inc. has a great chart and is acting well today in this weak market. Take a look at a chart on this stock. Looks like this stock could of broken out of a cup with a handle.

ALAN CHART

KYPH

Kyphon Inc. is acting very well today and has a nice looking chart so take a look at this stock. This healthcare company reported good earnings yesterday.


KYPH CHART

GTRC

Guitar Center, Inc. looks like a short canidate. If support does not hold at 49.56 which is the 200 dma it could trade much lower.

GTRC CHART

National Bank of Wal-Mart?

Wal-Mart is seriously considering entering into banking.

National Bank of Wal-Mart?

Stock Chart of the Day

Here is the chart of the day

Stock Chart of the Day

Asbestos Bill

The U.S. Senate panel might submit an asbestos bill very soon so keep these stocks on your radar:

GRA, OI and USG

U.S. 1Q GDP slows to 3.1%

Futures are in the red based on this weaker then expected GDP report.

GDP slows to 3.1%

Stocks Trading Up In Pre-Market

MPAC, SBUX, AAPL, PDLI, CMCSA, WVCM, FWRD, QLTI, SFCC, and SIRI

Budd Foxx

Morning News

Futures are down point to a slightly lower open.
Weekly Jobless Claims numbers out this morning 8:30 am.
Oil below $51.50 per barrel.
Upgrades APD, BIIB
Downgrades ASKJ, OFG, BRCD

Budd Foxx

GDP

The 1st quarter Gross Domestic Product numbers will be out at 8:30 am and should set the tone for the market today.

Wednesday, April 27, 2005

OSUR

OraSure Technologies, Inc. has a very nice looking chart and breaking resistance above 8.10 would be a very good sign. MACD is giving a buy signal here. If this stock interests you I would set a buy stop slightly above resistance.

OSUR CHART

Health Care Stocks

The Health Care Group acted very well today so here is a listing of stocks that are long canidates in that group. If you look at the MACD indicator on these stocks they are giving a buy signal on a daily chart.

AET, AGP, CI, SIE, UNH and WLP


CHARTS

EARNINGS

A few of the companies set to report on Thursday.
Aetna Inc. (AET)
Beazer Homes USA Inc. (BZH)
Black & Decker Corp. (BDK)
Bristol-Meyers Squibb (BMY)
Cinergy Corp. (CIN)
Comcast Corp. (CMCSA)
ExxonMobil Corp (XOM)
Georgia Pacific (GP)
Lexar (LEXR)
Microsoft (MSFT)
Nextel Communications (NXTL)
Sirius Satellite Radio (SIRI)

Budd Foxx

RAH

Ralcorp is the trader hr free stock pick for Thursday and a possible swing setup.


RAH CHART

Market Report: Stock Ticker

Here is the stock market report from MSN/Breifing.Com
The banks are strong today RKH index and energy stocks
are weak OIH index.


Market Report

MOVERS and SHAKERS

Here are some stocks that have been on the move today:

Movers and Shakers

Crude Oil Under 53 per barrel

Crude Oil futures have dropped below 53 per barrel after the Energy Department and the American Petroleum Institute reported U.S. crude supplies increased much more then expected.

Crude Oil Under 53 per barrel.

Durable Goods Orders Fall

U.S. durable goods orders unexpectedly fell 2.8% last month, the most in more than two years.

Durable Goods Orders Fall

USEG

We are seeing lots of action in this stock this am so keep it on the trading radar especially after 10am.


USEG CHART

XMSR Beats Targets

XM reported a loss but less then expected and the stock is trading up in pre-market this AM.

XM Beats Targets

Stocks Trading Up In Pre-Market

XMSR, SINA, ESRX, LCAV, NVTL, NTES, MPAC, WBSN, ITRI, and ENER

Budd Foxx

Wednesday's Watch List

Here are some stocks to watch today:


Stocks to Watch Today

Stock Chart of the Day

Here is the chart of the day


Stock Chart of the Day

Morning News

Futures are down pointing to a lower open.
March Durable Goods report out this morning 8:30 am.
Home Mortgage Application numbers rose nearly 6% from the previous week.
Oil is up slightly now $54.25 per barrel.
Stocks downgraded PLT, BCSI, PECS, INSP
Stocks upgraded JNPR, SLG

Budd Foxx

Tuesday, April 26, 2005

SOLD

House Values, Inc. had a good 1st quarter earnings report and the stock traded up 1.35 in AH trading today so keep this stock on your radar for Wednesday. The stock has an improving chart.

SOLD CHART

Biotech bulls coming out to graze

After several false starts over the past year or two, there's a good chance the biotech sector may finally be entering an honest-to-goodness bull market.

Biotech Bulls

SPTN

Spartan Stores, Inc. has a nice looking chart and it broke out of a flat base today on very good volume. The MACD on a daily chart is giving a buy signal as the fast line has crossed the slow line on this lagging indicator. Spartan Stores, Inc. will report earnings on Wednesday May 4th after the market closes and the stock could runup into earnings. This is a possible swing setup.

SPTN CHART

Earnings

A few of the companies reporting on Wednesday.
AmeriGas Partners (APU)
Anheuser-Busch Companies Inc. (BUD)
Applebee's International (APPB)
Ask Jeeves (ASKJ)
Cabot (CBT)
Canon (CAJ)
Centex Corp.(CTX)
Conoco Phillips (COP)
Energen (EGN)
Famous Dave's Of America (DAVE)
Murphy Oil Corp. (MUR)
Phelps Dodge (PD)
Starbucks (SBUX)
Verizon (VZ)
XM Satellite Radio (XMSR)

Budd Foxx

New 52- Week Highs

Stocks that during today's trading have recorded their highest intraday price in the past 52 weeks.

New 52-Week Highs

WLT

Walter Industries, Inc. is the trader hr free stock pick for Wednesday. This stock is a short canidate.


WLT CHART

NSI

Nutrisystem.com had a very good earnings report yesterday and the stock gapped up this morning and is acting very well today. It will be interesting to see if this stock can hold the gains as it will eventually have a gap to fill at some point in time. Institutions could be buying here as they generally buy after 1pm.

NSI CHART

BBH Biotech Holders

The Biotechs are acting well today as this holders index is up over 4 bucks per share. Keep those biotech stocks on the radar like DNA.

BBH CHART

DNA CHART

MTH

Meritage Homes Corp is a homebuilder that is rippin on the rising March new home sales. Shorts might be covering causing the spike in price.

MTH CHART

Where the Big Money is Flowing

IBD gives a daily screen shot of stocks on the move. This typically shows where institutions might be buying and is a good place to find potential long and short canidates.

STMP, SE, PNR, HHS and DNA are on the list today


www.investors.com

Stocks Gapping Up Today

This screen typically uncovers stocks that have jumped higher because of a news event. It seeks a low price today that is at least 5% above the previous day's close.

Stocks Gapping Up

CHCI

Comstock Homebuilding Companies, Inc. with the good news from March new home sales stocks like CHCI are trading up. CHCI just crossed the 50 dma and is looking bullish here.

CHCI CHART

U.S. March New Home Sales Rise 12.2%

U.S. new home sales unexpectedly increased last month to the highest level on record, adding to evidence housing will continue to contribute to economic growth. Keep those homebuiler stocks on the radar. CHCI, DHI, BZH etc.

U.S. New Home Sales on the Rise

Stocks to Watch Today

Here are some stocks to watch today


STOCKS TO WATCH

Stocks Trading Up In Pre-Market

CCJ, PECS, ALTR, SIMG, IFLO, NSI, MSTR, POZN, PRXL, SHPGY, and IMCL

Budd Foxx

Morning News

Futures are down point to a lower open.
March New Home Sales numbers due out today 10 am.
April Consumer Confidence report also due out this am.
Oil is down now below $54.00 per barrel.
Stocks recieving upgrades TIN, ALTR, MRO
Stocks downgraded this morning WEN, TCB

Budd Foxx

REVERSALS

Here are some possible reversal setups:

CONR, HURC, LEND, OVRL, NEW, TARR, TXCO

CHARTS

Crossed Above the 50-Day MA Today

Moving averages quickly show whether a stock is trending higher or lower. This screen finds stocks that have moved above their 50 dma today which is a bullish sign.

Crossed above 50 dma today

Monday, April 25, 2005

SOLD

House Values Inc. is a recent IPO that has an improving chart. The weekly MACD indicator signals a buy. Keep your eye on CHCI as the homebuilders acted well today.

SOLD CHART

HANS

Hansen Natural Corp acted very well today and could be a momentum type of play. The MACD on a daily chart indicates a buy.

HANS CHART

Earnings

A few of the companies reporting on Tuesday.
Amazon.com Inc.(AMZN)
American Express Company (AXP)
Delphi Financial Group Inc. (DFG)
Dupont (DD)
Fidelity National Financial (FNF)
FPL Group (FPL)
Hilton Hotels Corp. (HLT)
ImClone Systems Inc.(IMCL)
Lockheed Martin (LMT)
Penn National Gaming (PENN)
Sara Lee (SLE)

Budd Foxx

EW

Edwards is trader hr's free stock pick for Tuesday

EW CHART

SNRR

Sunterra Corporation has a nice looking chart and could be a possible swing setup. The MACD on a weekly chart looks good.

SNRR CHART

GPIC

Gaming Partners International Corp has an improving chart and is acting well today. BYD Boyd Gaming Corp will report earnings after the bell and if they beat the street GPIC might rally in sympathy. Keep this stock on your trading radar.

GPIC CHART

Intraday High Volume Gainers

Here are todays high volume gainers:


Intraday High Volume Gainers

XXIA

Ixia has broken out on good volume but the chart still needs some work. Keep this stock on your trading radar as the chart is starting to improve. Ixia was upgraded this AM.

XXIA CHART

FORD

Forward Industries Inc. has broken old resistance at 16.99 and we now have blue skies on good volume. This is generally a good sign.

FORD CHART

We are long on FORD

STOCKS TO WATCH

Here are some stocks to watch today


STOCKS TO WATCH

Stocks Trading Up In Pre-Market

AAPL, GOOG, LEXR, PLAY, XXIA, RMBS, HANS, CIEN, MATR, SEPR, NTAP, and VSEC

Budd Foxx

Morning News

March existing Home Sales Numbers due out this morning.
Futures are flat pointing to a slightly lower open.
Oil is up now $55.50 per barrel.
Upgraded today CIEN, SBUX, MU
downgraded DRI, OSTK

Budd Foxx

Earnings

A few of the companies reporting earnings today.
Boyd Gaming (BYD)
CKE Restaurants (CKR)
Cooper Cameron (CAM)
Great Lakes Chemical (GLK)
NutriSystem (NSI)
Reebok(RBK)

Budd Foxx

Sunday, April 24, 2005

TRADER HR

I would like all of my readers to take a look at Traderhr.com. Traderhr is specialized for short-term trading, mainly for swing trading. They scan thousands of stocks and look for favorable chart patterns such as: "Cup and handles", "Triangles", "Flat Bases", and "Breakout Patterns."

Member benefits include 5-8 exclusive picks per month with an 80% winning percentage. We will be profiling traderhr's free pick of the day on a daily basis.

TEVA

TEVA Pharmaceutical Industries LTD has a nice looking chart. Keep this stock on the trading radar for a possible swing setup.

TEVA CHART

This Year's Winners

Here are some of the top stocks year to date.

This Year's Winners

REVERSALS

Here are some possible reversal setups:

ICGE, INCX, MAMA, QUIN, NCOG


CHARTS

UBET

Youbet.com Inc. has a nice looking chart and I would keep this stock on your trading radar as the MACD is indicating a short term buy signal on a daily chart.

UBET CHART

RTK

Rentech, Inc. is traderhr's free pick and swing setup for Monday.


RTK CHART

Friday, April 22, 2005

AIRT and BOOM

We are stating to see some action in AIRT and BOOM so keep them on the trading radar especially after 1pm.

FORD

Ford is starting to heat up so keep it on the trading radar

RKH Bank Index

The banks are positive today so keep the bank holders index on the radar especially if the market goes green.


RKH BANK HOLDERS

Stocks to Watch Today

Here are some stocks to watch today:

STOCKS TO WATCH

Stocks Trading Up In Pre-Market

GOOG, ERICY, YHOO, INCX, MCIP, MICC, HTCH, GEOI, INGP, TGA, XOM, and FORD

Budd Foxx

Morning News

Futures are down point to a lower open.
Qwest raises bid for MCI to 9.7 billion.
First Albany raises price target on Google (GOOG) by $33.00 to $283.00 per share.
Downgrades XLNX, SHPGY, and YHOO
Upgrades CCU, SHPGY, and FCX
Oil moving up now $ 54.50 per barrel

Budd Foxx

Thursday, April 21, 2005

Intraday High Volume Gainers

Stocks that have gained at least 3% or more in today's trading on at least double the average trading volume of the past quarter.

Intraday High Volume Gainers

EARNINGS

Companies reporting earnings on Friday April 21st

Overstock.Com (OSTK)
Eastman Kodak (EK)
Maytag (MYG)
Lear Corp. (LEA)
Fortune Brands Inc. (FO)
Gene Logic Inc. (GLCG)
International Paper Co. (IP)
Old Dominion Freight Line (ODFL)
Skywest Inc. (SKYW)
USF Corporation (USFC)

DSTI

Day Star Technologies Inc. broke out today on good volume. The stock crossed over the 50 dma and the MACD indicator on a daily chart is indicating a buy signal as the fast line is about to cross the slow line.

DSTI CHART

XRTX

Xyratex Ltd. is another possible swing setup for Friday. The fast line is about to cross the slow line on the MACD indicator and the stock is sitting just above the 50 dma.

XRTX CHART

IART

Integra Life Sciences is a possible swing setup for Friday.

IART CHART

GOOGLE Tops Expectations, Stock Soars

Google earnings are awe as Dow tops 200 points on the day


Google smokes the street

GRU

GuruNet Corp. if Google reports good earnings we believe this stock will rally in sympathy. GRU gets a lot of traffic from GOOG.

www.answers.com

GRU CHART

We are long on GRU

MOVERS and SHAKERS

Dow is currently up182 points and the market is just rippin. Anheuser-Busch (BUD) disclosed that Berkshire Hathaway, which is controlled by Warren Buffett, has become a significant shareholder. Here are the stocks with momentum.

MOVERS AND SHAKERS

GOOGLE Reports After the Bell

All eyes will be focused on GOOG as they report earnings after the bell today.

GOOG CHART

FORD on the Move

Forward Industries, Inc. reports record second quarter results. Net Sales More then Double to 11.24 million on sharp increase in cell phone products. Keep this stock on the radar as it has momentum.

FORD CHART

We are long on FORD

HHH internet index

With good earnings from YHOO, EBAY and GOOG on deck I expect this index to be rippin today so you might want to think about going long on the HHH's today.

HHH internet index

Jobless claims fall

U.S. jobless claims plunge to 296,000


Jobless Claims Fall

Stocks Trading Up in Pre-Market

AAPL, BOOM, CREE, EBAY, GOOG, NOK, PLMO, SIRI, TASR, TLAB, TZOO, UPS and YHOO

TLAB

Tellabs, Inc. reported strong sales yesterday and has an improving chart. Keep this stock on your trading radar today.

TLAB CHART

Stocks to Watch Today

Here are some stocks to watch today:

STOCKS TO WATCH

Morning News

Futures are up and pointing to a higher open.
Xerox earnings improve
Nokia profit surges
SAP reports strong earnings
AT&T Bests Expectations
NYSE to go Public
Time Warner, Comcast agree to buy Adelphia Communications for 17.6 Billion

One Week High Volume Gainers

Stocks that have gained 5% or more in the past week with two-week average trading volume at least double the average volume of the past quarter.

One Week High Volume Gainers

Institutional Ownership Up

Here is a listing of stocks that were being accumulated by institutions.


Institutional Ownership Up

Wednesday, April 20, 2005

EARNINGS

A few of the companies reporting on Thursday the 21st.
Alltel Corp. (AT)
Amgen (AMGN)
AT&T (T)
Briggs & Stratton Corp. (BGG)
Caesars Entertainment (CZR)
Google (GOOG)
Hersheys Food Corp. (HSY)
Mcdonalds Corp. (MCD)
Nokia (NOK)
Snap-On Inc. (SNA)
Yellow Roadway Corp. (YELL)

Budd Foxx

CRXL

Crucell N.V. is a possible swing setup for Thursday

CRXL CHART

Inflation fears weigh on stocks

U.S. stocks are sliding as investors worry about inflation. Excellent earnings from Yahoo and Intel can't hold the nasdaq up.

Inflation Fears

All Eyes On EBAY

EBAY, Inc. will report earnings after the bell today.


All Eyes On EBAY

AIRT on the move

AIR T, Inc. is on the move so keep it on the trading radar especially after 1pm today. Could be a reveral type of play here as the stock is trying to get back to the 50 dma.

AIRT CHART

NSI

Nutrisystem.com has been acting well this week so keep it on the radar. The chart looks good and we have blue skies. The stock might runup into earnings as they will report on Monday April 25th after the market closes.

NSI CHART

HHH internet index

With Yahoo reporting good earnings this index should be ripping today. I would consider going long on the HHH's today.

HHH index CHART

CPI Results

Consumer Price Index Results


CPI RESULTS

Stocks Trading Up In Pre-Market

GOOG, YHOO, EBAY, DELL, BOOM, INCX, INSP, INTC, GEOI, ABLE, AAPL, JNPR, ALTI, TLB, SGTL, INSP, CREE, and GRU

Budd Foxx

Morning News

Futures are up pointing to a higher open.
March Consumer Price Index out this morning 8:30 am.
Oil Inventory numbers due out this am. as oil spikes up closing in on $53.00 per barrel.
US Airways in merger talks with America West Airlines.
(WYNN) recieves downgrade this am.

Budd Foxx

Positive Candlesticks

Here are some stocks with positive candlesticks:

BOOM, DHI, ELOS, ELTK, JJZ, MTEX, MUSA, NTGR, SNHY, TALK and WTI

CHARTS


*Additional Stock Picks are in the Boiler Room Message Board*

ELTK

ELTEK Ltd. keep this one on the trading radar for Wednesday as it could be a momentum play.

ELTK CHART

REVERSALS

Here are some possible reversal setups for those that like to bottom fish. The Steel, Gold and Silver stocks seem to be coming off a bottom here so keep them on your trading radar:


GG, GLD, KGC, MUSA, OXY, PKTR, ROCK, STLD, TONS, and ZEUS


Chart on Steel Stocks

Chart on Gold and Silver Stocks

Tuesday, April 19, 2005

Earnings

Companies that will report on Wednesday.
Caterpillar Inc. (CAT)
E*trade Financial Corp. (ET)
Ebay (EBAY)
Harrah's Entertainment (HET)
J.P. Morgan Chase & Company (JPM)
Mercury (MERQ)
NBC Capital Corp. (NBY)
Sprint Corp. (FON)
Yum! Brands, Inc. (YUM)

Budd Foxx

VLCCF

Knightsbridge Tanker is a possible swing setup for Wednesday.

VLCCF CHART

After Hours Trading

Yahoo (YHOO) stock soaring up over 2 points after reporting strong earnings after the close today.
Intel Corp.(INTC) also trading up in after hours trading due to earnings released after the bell.
Google (GOOG) stock with some after hours mojo jumping up nearly 12 points.

Budd Foxx

BOOM

Dynamic Materials Corp is up on good volume today and seems to have the mojo back so keep it on the radar as it could be a momentum play.


BOOM CHART


We are long on BOOM

Uranium Stocks on the Move

Keep these stocks on the trading radar as they are starting to heat up again:

CCJ, USU and USEG

Stocks Trading Up In Pre-Market

EBAY, GOOG, RIMM, BOOM, ALTI, SORC, BOBJ, SORC, OSIP, ADBE, KVHI, ADTN, AAPL, DRIV, and PFE

Budd Foxx

Stocks to Watch Today

Here are some stocks to watch today

Stocks to Watch

Morning News

Futures are up pointing to a higher open.
March Producer Price Index report out at 8:30 am.
Oil is up now over $51.00 per barrel.
Stocks recieving upgrades HYDL, PSO, AZN, RRD, and ADBE
Downgraded PRXL

Budd Foxx

WTW

Weight Watchers is a possible swing setup for Tuesday.


WTW CHART

Monday, April 18, 2005

Earnings

Companies reporting earnings on Tuesday.
General Motors Corp. (GM)
Intel Corp.(INTC)
Johnson & Johnson (JNJ)
Lucent Technologies Inc. (LU)
Merril Lynch (MER)
Pfizer (PFE)
Coca Cola Company (KO)
Yahoo Inc. (YHOO)
Bausch & Lomb (BOL)
Taser Int Inc. (TASR)

Budd Foxx

CCJ

Cameco Corp is a possible reversal setup so keep this one on the trading radar. This company mines uranium ore.

CCJ CHART

We are long on CCJ

HHH Internet index

Internet Stocks like AMZN, EBAY, GOOG, GRU and YHOO are acting well today in anticipation of earnings reports this week.

HHH Holders Index

RKH Bank index

With Bank of America reporting good earnings today and Citigroup, Inc. reporting good earnings on Friday the banks should be strong today so going long on BAC, C or the RKH index might be the safe thing to do today.

RKH Holders Index

Stocks Trading Up In Pre-Market

BAC, ELBO, TZOO, CVTX, MACR, NXTL, FLSH, TIVO, CATG, ONXX, MAGS, and PACT

Budd Foxx

NE

Noble Drilling Corp. has a double top on the chart which is bearish so this stock is a short canidate. The selloff has been on high volume and money flow is negative.


NE CHART

Stocks to Watch Today

Here are some stocks to watch today


Stocks to Watch

Morning News

Futures are Down point to an even lower open.
Oil below $ 50.00 per barrel.
April NAHB survey due out today 1pm.
Other important reports due out this week include the March PPI on Tuesday, and the March CPI on Wednesday.
(CPB) recieves upgrade from Bear Stearns this am.

Budd Foxx

Sunday, April 17, 2005

EARNINGS

Companies reporting earnings on Monday, April 18th.
Bank Of America Corp. (BAC)
Eli Lilly (LLY)
Lone Star Technologies (LSS)
Novellus Systems Inc. (NVLS)
Raymond James (RJF)
Sun Trust (STI)
Texas Instruments (TXN)

Budd Foxx

QQQQ's

The market is currently very oversold but this coming week will make or break the market as we have a lot of big name companies reporting earnings. Some key stategists believe we will see the market snapback this coming week because of the very oversold conditions. I know a few traders that went long on the QQQQ's toward the close on Friday hoping for a bounce on Monday. If the earnings reports from the big tech companies come in flat and don't meet analyists estimates then I would consider shorting the QQQQ's as we could be headed lower.

QQQQ Chart

YUM

This stock is a short canidate as their is a possible head and shoulders formation on the chart. If this stock slices through the 50 dma this could be a short entry point. The volume has been heavy on the selloff thus far. Yum reports earnings on Wednesday April 20th and if they are not up to par it will trade lower.


YUM CHART

SNRR

Sunterra Corp. is a vacation ownership company. SNRR has been acting well and could be a possible long swing trade setup for Monday. This stock seemed to get some support at the 50 dma at 15.35 on Friday.

SNRR CHART

Saturday, April 16, 2005

SECTOR INDEX SEASONALITY

Hot Sectors starting in April according to my trader's almanac:

Biotechnology
: April-June 7.5% average return
BTK and BBH

Internet: April-June 6.9% average return
IIX and HHH

Semiconductors: April-April 5.3% average return
SOX and SMH

PHLX Utility: April-December 6.5% average return
UTY and UTH

EARNINGS IN FOCUS

This coming week will be very critical as we have 14 Dow Stocks reporting earnings. IBM weighed heavily on the markets on Friday along with fears of inflation and a slowing global economy. A few chief stategists have blamed the slowing economy on the recent rising of oil prices.

Key tech companies reporting this week include:

EBAY, GOOG, YHOO, EMC, TXN, INTC


Earnings in Focus

BRN

Barnwell Industries, Inc. is a possible swing trade setup for Monday.


BRN CHART

Friday, April 15, 2005

PPH drug index

With all the good news in pharmaceuticals this index will be ripping today so you might want to be long on an index like PPH. This index is trading up in pre-market.


PPH CHART

Stocks Trading Up in Pre-Market

INGP, LLY, LAVA, NFLX, CALC, NETL, ATHR, ONXX, DNA, JBHT, PFE, and CREE

Budd Foxx

GE

General Electric, Co. said 1st quarter earnings grew 25% to 4.04 billion, or 38 cents a share, with revenue climbing 19%. The earnings were above the high end of company guidance.

Stocks to Watch Today

Here are some stocks to watch today.


STOCKS TO WATCH

Morning News

March Industrial Production numbers due out this am.
March Import report out this am.
Oil down this morning currently at $50.50 per barrel.
Futures are down point to an even lower open.
Upgraded (SBUX)
Downgraded (FDC)

Budd Foxx

Thursday, April 14, 2005

PFE

Pfizer, Inc. traded up in after hours today. Even though the overall market has not been doing well the Pharmaceuticals have been ripping this past week. Take a look at a chart on the Pharmaceutical Holders (PPH). This is a possible swing trade setup for Friday.



PPH CHART

PFE CHART

Earnings

Companies reporting on Friday.

General Electric (GE)
Wachovia Corporation (WB)
Citigroup, Inc. (C)
Mattel (MAT)
Ventana Medical Systems (VMSI)
Capital Crossing Bank (CAPX)

Budd Foxx

USG

USG Corp is a stock we profiled a few weeks ago and it has been doing well. This stock performed very admirably today and it has also traded up 2.03 in after hours. Keep this one on your radar as it could be a momentum type of play.

USG CHART

ABLE

ABLE Energy, Inc. is a stock in the energy sector that acted well today. Keep your eye on the price of Crude Oil as ABLE generally follows. We might be getting close to a short term bottom on crude oil so keep those oil stocks on your trading radar.


Crude Oil Chart

ABLE Chart

MDTL

Medis Technologies Ltd is a stock that has an improving chart and could be a swing setup for Friday. The market was pretty ugly today and this stock acted well. This stock is sitting right under the 200 dma which is 14.44.

MDTL CHART

Options Expiration

According to my traders almanac the DOW has been up the last 7 out of 8 years in April on options expiration day. The lone losing session was in 2001 so we may see a bounce in the market tomorrow. As an investor or a trader you might want to consider going to cash if you are long. I would also consider shorting the market if we get a rally on Friday. When your leading stocks like AAPL start to fall this might be a sign we are heading into a bear market or sideways action. If you look at a chart on the Dow you will see we broke support at the 200 dma which is not a good sign for the longs. I don't trust Friday rallies in a bearish trend. My best guess says we are headed lower.


DOW CHART

CREE'S Revenue, Earnings Rise

Cree Inc. said its quarterly earnings rose 37% on stronger sales amid growth in it's light-emitting diode business.

CREE'S SHARES CLIMB

CREE CHART

BIG BLUE FALLS SHORT

IBM is trading down because their profit missed expectations. This is not a good sign for the bulls as the bears seem to have the upper hand.


BIG BLUE FALLS SHORT

Stocks Trading Up In Pre-Market

KMG, LAVA, ZILA, LSTR, WGAT, SYNM, LRCX, BWNG, STEM, and BOOM

Budd Foxx

Morning News

Weekly Jobless Claims report today 8:30 am.
Feb. Business Inventory Numbers due out this morning.
Futures are flat point to a slightly higher open.
Oil below $51.00 per barrel.
Upgraded today (AMD)
Downgrades BBY, NSC, and BNI

Budd Foxx

Wednesday, April 13, 2005

SCVL

Shoe Carnival Inc. is another possible swing trade setup. Nice looking chart on this stock and the MACD indicator is giving a short term buy signal on a daily chart.

SCVL CHART

EARNINGS

A few of the companies reporting Earnings on Thursday.
Amcore Financial (AMFI)
Carlisle Companies (CSL)
Southwest Airlines (LUV)
New York Times Company (NYT)
United Health Group Inc. (UNH)
Workstream (WSTM)
Pepsi Company (PEP)

Budd Foxx

ACR

American Retirement Corp. is a possible swing trade setup for Thursday.


ACR CHART

REVERSALS

Here are some stocks with improving charts for traders that like to bottom fish. These are potential reversal long setups:

ADIC, HLIT, HURC, MGAM, NVTL, NYNY, and TRDO


CHARTS

AAPL

AAPL will be reporting earnings today after the bell. The stock normally trades down before the actual results because a lot of investors and traders will not hold a stock going into earnings. Last quarter the stock acted the same way. Keep your eyes on this one as it could be a play in after hour trading today. We are hoping the most loved stock in the universe does not disappoint as we are long.

FORD

We have bought Forward Industries, Inc. back for a swing trade this AM as it has pulled back 4 straight days in a row. If the stock starts acting up we will sell it. The risk reward ratio is a little bit high on this trade.


FORD CHART

FEEDBURNER RSS READER

We have added a feedburner to our site that is an RSS reader so you can add us to My Yahoo, My MSN etc. This is another way you can view our site on a daily basis.

Stocks Trading Up In Pre-Market

AAPL, ANTP, BIIB, BWNG, ELN, DECK FARO, KOSP, ORCT, PACT and USEG

Budd Foxx

Morning News

Oil down $51.00 per barrel.
Futures are flat point to a slightly lower open.
Mortgage Application numbers rose in the past week.
March Retail Sales numbers due out at 8:30 am.
Stocks recieving downgrades IMDC, IMCL and PETC

Budd Foxx

CHCI

This stock is in the homebuilder sector and that group was ripping yesterday so keep this one on your trading radar. The technicals are improving as the fast line is crossing the slow line on the MACD indicator.

CHCI CHART

Tuesday, April 12, 2005

STEM CELL STOCKS

Today this group acted well so keep them on your trading radar for Wednesday:

ASTM, GERN, STEM and VIAC


ASTM CHART

STEM CHART

Earnings

Some of the companies reporting earnings on Wednesday.
Apple Computer Inc. (AAPL)
Advanced Micro Devises Inc. (AMD)
Harley Davidson (HDI)
Lam Research (LRCX)
Sun Bancorp (SNBC)

Budd Foxx

CHKP

CHECK POINT SOFTWARE was upgraded today by Jefferies & Co. They believe the company's first quarter results will come in above the broker's target. This stock could be a possible swing trade setup as the stock crossed above the 50 dma today. If you look at the weekly chart you will see the fast line crossing the slow line on the MACD indicator.


CHKP CHART

PENN

PENN NATIONAL GAMING, INC. acted very well today. The chart is improving as it crossed over the 50 dma today. Could be a possible swing trade setup here.


PENN CHART

PACT

PacificNet.com I would keep it on the radar as the fast line is crossing the slow line on a daily chart giving a short term buy signal on the MACD indicator. Ideally we would like to see more volume action on a breakout.


PACT CHART

STOCKS TO WATCH TODAY

Click on the link for stocks to watch today


STOCKS TO WATCH

Stocks Trading Up In Pre-Market

BDK, AAPL, ANTP, CELG, NICE, SHLD, TIVO, WYNN, NTGR, and MALL

Budd Foxx

Morning News

Feb. International Trade numbers due out today.
Futures point to lower open this morning.
Oil up slightly back to $54.00 per barrel.

Budd Foxx

Monday, April 11, 2005

DSCO

Discovery Laboratories insiders have been buying as they have bought 62K shares from the 5-6 dollar range. The CEO bought his largest number of shares in years. Chart is improving on this stock so keep it on the radar.


Inside Track

DSCO CHART

EARNINGS

A few of the companies reporting earnings on Tuesday.
Travel Zoo Inc. (TZOO)
Ameritrade Holding Corp. (AMTD)
Abbott Laboratories (ABT)
Pepsi Botteling Group (PBG)
Bank Of Ozarks Inc. (OZRK)

Budd Foxx

REVERSALS

Here are some possible reversals for those that like to bottom fish:

CHC, HLIT, KG, NRMX and PMACA

RBAK

Redback Networks, Inc. is a possible swing trade setup for Tuesday.

RBAK CHART

LEXR

I am starting to see some action in this stock so keep it on your radar especially after 1pm

Disclaimer:

We are long on LEXR

Stocks Trading Up In Pre-Market

AAPL, SEPR, MUSE, CECO, XMSR, BMET, GOOG, TSRA, TZOO, HYDL, HYSL and WGAT

BUDD FOXX

MORNING NEWS

Making news this week will be companies reporting earnings, markets will be focused on quarterly earnings. Some companies reporting this week, Apple, Harley Davidson, Circuit City,GE,and Citigroup. Futures are pointing to a higher open this morning. Oil below $53.00 per barrel.

Budd Foxx

Sunday, April 10, 2005

WGAT Breaks Out

Worldgate Communications Inc. was posted on April 6th as having a stage 1 base. This past Friday it broke out of that flat base. The stock came up two days in a row on my end of day screener. From time to time I will post stock screener results in our boiler room message board. Keep this stock on your trading radar.

WGAT CHART

ISLE

Isle of Capri Casinos, Inc. is sitting very close to the 50 dma and the MACD indicator is giving a short term buy signal as the fast line is crossing over the slow line on a daily chart. Take a look at the chart on this stock.

ISLE CHART

AMD

Advanced Micro Devices, Inc. announced on Friday it will launch a speedy dual-core chip on April 21st. From what I have read this is like going from a 4 cylinder engine to an 8 cylinder engine. AMD releases earnings this Wednesday after the market closes.

AMD CHART

Saturday, April 09, 2005

IMA

Inverness Medical Innovations, Inc. have a look at the improving chart on this stock that is in the health care sector. This stock could be a swing trade setup for Monday.


IMA CHART

FORD

Forward Industries Inc. has pulled back a little bit but I would keep it on the radar for this coming week. Next leg up might be coming.

FORD CHART

Friday, April 08, 2005

NTE

Have a look at the chart on this stock. Nice chart and possible swing trade setup.

NTE CHART

QLGC

Chart looks good on this stock as it bounced off the 50 dma. The MACD indicator on the daily chart is showing a short term buy signal here.


QLGC CHART

USEG

U.S. Energy Corp. has filled the gap today. It might trade lower but since the gap is now filled I would expect some sort of bounce next week. If you like to buy on pullbacks then this might be an opportunity. Volume is low on this pullback which is generally a good sign. The stock is also oversold.


USEG CHART


We are long

AIRT

AIR T, Inc. showed up two days in a row on my end of day stock screener as a possible long canidate and this am it has broken out. The theory on this end of day stock screener is to enter in mild times and exit in wild times. These are short term trading setups.

AIRT CHART

We are long on AIRT

NSI

Nutrisystem Inc. brokeout yesterday and made a new all time high. Notice that good volume action on the breakout which is generally a very good sign. This stock has had the mojo this year so keep it on your trading radar.

NSI CHART


We are long on NSI

Morning News

Oil below $54.00 per barrel.
Time Warner and Comcast have agreement to purchase Adelphia 18 billion dollar deal.
U.S. court rules in favor of Diamlerchrysler(DCX) in 1 billion dollar lawsuit.
Futures are flat point to a slightly higher open.

Budd Foxx

Thursday, April 07, 2005

UPTICKS EARNINGS PLAYS


I would like all of my readers to check out Upticks Stock Blog on earnings plays. Jacob Whitney the author is up an amazing 780% after the first quarter of 2005. With earnings season right around the corner their is no better place to follow earnings plays then upticks stock blog. Mr. Whitney will also be our special guest from time to time in our boiler room message board posting the best possible earnings setups. Please visit his website on a daily basis for additional trading opportunities.

http://upticks.blogspot.com

USG

USG Corp is in the building sector and this stock moved up nicely today. I would like to see more volume action but the chart is improving.


USG CHART

AFC

AFC is a possible swing trade setup for Friday.


AFC Chart

XMSR

XMSR got a contract with the NY Yankees and the Boston Red Sox today and is trading up. The chart is also improving on this stock as it is trading very close to the 50 dma. Could be a possible swing trade setup here.


XMSR CHART

CREAF

This stock is a possible reveral type of play for those that like to bottom fish.


CREAF CHART

IOTN

This stock is up on a rumor that they will get a contract from Iraq next week so it could be a buy the rumor sell the news on this one. The chart is improving as we are getting support at the 50 dma


We are long on IOTN


IOTN Chart

ACMR

This stock was upgraded today and their first quarter sales increased by 10.2%


ACMR CHART

Stocks that are trading up in Pre-Market

BIOI, BBBY, BEBE, CYBX, HET, IDNX, CCRD, and VEXP

Budd Foxx

Stocks to Watch

Here are some stocks to watch today.


STOCKS TO WATCH

Morning News

Oil moving up $56.50 per barrel.
Weekly Jobless Claims Numbers to be announced this am.
Feb. Wholesale Numbers also to be announced today.
Feb. Consumer Credit Report due out today.
Stocks reporting earnings today ACN, VNBC, TOP, RPM, MBWM, STZ

Budd Foxx

UFPT

This is a stock to watch over the next few days as it brokout today on good volume.



UFPT CHART

Wednesday, April 06, 2005

TCC

TCC is a possible swing trade setup for Thursday.

TCC CHART

LFB

Looks like LFB is breaking out of a flag formation. Check out the chart on this stock.


LFB CHART

CREE

CREE INC. keep it on the radar as the chart is improving on this stock. CREE was upgraded yesterday.


CREE CHART

DCAI

Dialysis Corp of America looks to be setting up nicely here for a possible swing trade. Look at the MACD the fast line is crossing the slow line on this lagging indicator.

DCAI Chart

Stocks trading up in pre-market

AAPL, ADSK, ANTP, ALTR, BOOM, ELTK, HOTT, OSIP and VEXP

STOCKS TO WATCH TODAY

Click on the link:


STOCKS TO WATCH TODAY

MORNING NEWS

Autodesk Inc. (ADSK) raises guidance for fiscal 2006.
MCI rejects Qwest latest bid.
Stocks recieving upgrades OSIP, EAT, ALTR, IPG
Oil below $56.00 a barrel.

Disclaimer:

We are long on ADSK

Budd Foxx

AAPL

The most loved stock in the universe has come up on my end of day stock screener as a potential long canidate. Apple found support and bounced right off the 50 dma which is generally a good sign that major institutions are supporting the stock.

AAPL CHART


Disclaimer:

We are long on AAPL

WGAT

Worldgate Communications, Inc. a nice base has formed on this stock. This one continues to come up on my end of day stock screener as a long canidate.


WGAT CHART

GRU

Gurunet Corporation acted very well today and by the looks of the chart is in position to possibly move higher. If you look at a chart you will see the fast line is crossing the slow line on the MACD indicator on a daily chart. This is generally a short term buying signal on this lagging indicator.

GRU CHART


Disclaimer:

We are long on GRU

Tuesday, April 05, 2005

PPD

This stock acted well today, keep this stock on your radar for Wednesday.

PPD Chart

Budd Foxx

WPI

The drug industry seems to be hot today


WPI Chart

HOTT and ESL

A couple more good looking stocks


HOTT CHART


ESL CHART

SORC

Nice move on this stock today and if you look at the MACD indicator the fast line is crossing the slow which indicates a buy signal on this lagging indicator. Up on news because of a deal with K-mart.


SORC Chart

VEXP

This stock looks like the play of the day

VEXP Chart

SNDA

SNDA is getting support at the 50 dma today and could be a possible entry point here for a swing trade.

SNDA Chart

ISSC

Innovative Solutions and Support Inc. is acting well today and has a nice looking chart.

ISSC Chart

RTSX

Nice chart on this stock and it is acting well today.


RTSX Chart

GIGA and ALTI

I am seeing some action in GIGA and ALTI so keep them on the momo radar today

STOCKS TO WATCH TODAY

Click on the link for stocks to watch today:


STOCKS TO WATCH TODAY

EZPW

This stock is a possible swing trade setup for the day.


EZPW Chart

Morning News

Crude oil below $57.00 per barrel, Greenspan to speak at the US inventories meeting today.
Morgan Stanley stock moves up as company denies takeover. Also announces the company will spin off it's Discover Credit Card Division.
Futures are pointing to a slightly higher open.

Budd Foxx

INTERESTING CHARTS

I have a listing of some interesting stock charts so click on the link and you will get the list.


INTERESTING CHARTS

MSSN

Nice chart on this stock and it brokeout on high volume

Budd Foxx

Monday, April 04, 2005

NGPS

We like the way this stock is acting today. The chart is also improving and could be setting up for a potential swing trade. We also like the chart on ADSK and it acts well today.

VHI

This stock is acting well today and might be a swing trade setup here.

Stocks with Mojo today

ABLE, ALTI, CSTL, GEOI, KNOT, LUCY, and USEG

Pre-Market Movers

Stocks that are up in pre-market.

ABLE, ENER, FUEL, GEOI, JOSB, SUN, TSO,WYNN, USEG, XOM

Keep your eye on that OIH index

Budd Foxx

Stocks to watch today

Morning News

Oil has reached $58.00 per barrel
Quest raises bid for MCI
Lions Gate Entertainment(LGF) may make bid for Hit Entertainment(HIT)
Chevron Texaco to take over Unocal Corp.(UCL) 18 billion dollar deal
Smith Barney has upgraded(AIG) to a buy
Oil tugs on Futures and we can expect the market to open in the red this AM


Budd Foxx

Sunday, April 03, 2005

Breaking News Crude Oil Futures Climb

Crude Oil Futures are up so keep those oil and gas stocks on the radar


Oil Futures Climb


Budd Foxx

HAWK

Another stock in the energy sector that seems to be acting well as the price of crude oil continues to climb higher. Also keep a close eye on TSO another stock in the oil and gas sector.

The Boiler Room Message Board

Additional stock picks are posted in our boiler room message board on a daily basis. The link to the board is on your right. Feel free to post your stock picks. In order to post picks you must register. Any comments you have should be posted in the boiler room.

The Boiler Room Message Board

ADSK

Autodesk, Inc. seems to have an improving chart and is setting up as a possible swing trade or a position trade.

Friday, April 01, 2005

Stocks we are monitoring closely

ABLE, ANTP, AAPL, CCJ, DCAI, GEOI, GRU, NGPS, PENN, RHAT, TIE, TZOO, UCL, USEG and XOM

Crude OIL Up

OIL has reached the $57.00 per barrel mark and seems to be reaching for the $58.00 mark. Keep those oil and gas stocks on your trading radar:

ABLE, EENC, CVX, GEOI, SU, SUN, TSO and XOM

OIH is an oil index to keep your eye on.


Budd Foxx

PENN

Penn is a stock in the gaming industry. If you look at a chart it looks like the downward trendline will be broken today. This stock is trying to get back to the 50 dma and is acting well today.

SIMC

Seems to be the play of the day so watch this one for any pullbacks during the day. I would also watch for it making new highs after 10am and 1pm today.

March Jobs Report

Although Futures are pointing to a higher open this morning the March Jobs Report numbers due out at 8:30 am will influence the open of the markets.


Budd Foxx
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