Thursday, June 30, 2005

Trading Up In After Hours Trading

CWTR, BCGI, MXBIF, ZILG, VYYO, VICL, MDRX, CTLM, GIGM, and WIBC

Budd Foxx

PIXR

Pixar announced after the bell today they expect second quarter earnings per share to come in 5 cents below expectations. Forcast called for 15 cents per share company is expecting 10 cents per share. Stock is trading much lower in after-hours trading.

Budd Foxx

POZN

Pozen Inc. the chart looks good and the stock is acting well today. MACD is looks bullish on a daily chart. Keep it on your watchlist.

POZN CHART

Fed hikes rates, signals more to come

As expected, the Federal Open Market Committee boosted its target for short-term interest rates Thursday by a quarter percentage point to 3.25% and signaled further rate hikes are coming. The Federal Reserve's policymaking committee left its post-meeting statement largely unchanged from May's statement... The committee said current rates remain "accommodative" and said once again that it believes rates can be raised at a "measured pace."

AMED

Amedisys Inc. has a lot of momentum so keep it on the radar this afternoon.

TIE

Titanium Metals Corp. we mentioned this stock yesterday and it continues to act well today. Keep it on the radar.

TIE CHART

TRGL

Toreador Resources Corp. the MACD is starting to look bullish on a daily chart. Possible swing setup.

TRGL CHART

GEOI and ABLE

GEOI and ABLE keep and eye on both of these stocks and they are starting to move upward. Both are currently oversold.

WTSLA

Wet Seal, Inc. today the stock just made a new 52 week high so keep it on the radar.

WTSLA CHART

MNTA

Momenta Pharmaceuticals, just made a new intraday high so keep it on your watchlist today.

TZOO

Travel Zoo, Inc. is starting to warm up so keep it on the radar.

MERX

Merix Corp is a possible reversal setup. The MACD on a daily and a weekly chart are starting to look bullish.

MERX CHART

SIRF

Sirf Technology Holdings, Inc. is acting well in early trading and has a good looking chart so keep it on your watchlist.

SIRF CHART

HITK

Hi Tech Pharmacal Co Inc. has a very good tone to it today so keep it on the trading radar today.

HITK CHART

FOXH

Foxhollow Technologies, Inc. has a good tone in early trading so keep it on the radar.

OMCL and DCEL

OMCL and DCEL both of these stocks have a good tone in early trading so keep them on the radar today.

CNET

CNET Networks, Inc. is acting well in early trading and the chart looks good as the MACD on a daily chart is starting to look bullish.

FCEL

Fuel Cell Energy, Inc has a decent tone in early trading so keep it on the radar today.

RCOM

Register.com Mark Cuban now owns 9.1% of register.com so keep this stock on the radar today as it is trading up in pre-market.

PLMO

Palm One, Inc fourth quarter earnings jumped 33% from a year ago, beating estimates thanks to brisk sales of it's Treo wireless device. The stock is trading up 2.12 in pre-market so keep it on the radar today.

PANL

Universal Display is an exclusive members area pick from trader hr. Go long above 10.40 and set a stop loss at 9.60. This is an example of a stock breaking out of a flat base.

Traderhr.com

Stocks Trading Up In Pre-Market

SYMC, CNET, BMET, GGR, VRTS, ISON, SCHS, ARNA, GOOG, DYAX, ALTI, CRIS, TSCM, RCOM, PEET, LEXR, XIDE, AIRN, SIRI, and PLMO

Budd Foxx

Upgrades and Downgrades

Stocks recieving upgrades this morning include:
OMCL, SYMC, CAKE, DUK, EFII, and ASYT

Downgraded this morning:
HBC

Budd Foxx

Morning News

  • Futures are flat pointing to a slightly higher open.
  • June Chicago PMI out today.
  • Weekly Jobless claims also this morning.
  • May Personal Income and Outlays report today as well.
  • CNBC is reporting Bank Of America to purchase MBNA the deal reportedly worth $35.2billion.
  • U.S. Federal Reserve to announce rate decision later in the day today.
  • Boeing (BA) has chosen 3m chief executive Jim Mcnerney to lead the aerospace company.
  • Crude oil continues to slide currently just under $57.00 per barrel
  • Not much change in Gold currently $437.50 per ounce.

Budd Foxx

Earnings

A few of the companies reporting today.
99 Cents Only (NDN)
American Greetings Corp. (AM)
Biomet Inc. (BMET)
ConAgra Foods Inc. (CAG)
Constellation Brands Inc. (STZ)
Lawson Software Inc.(LWSN)
McCormick & Company Inc. (MKC)
MSC Industrial Direct (MSM)
OM Group Inc. (OMG)
PalmOne Inc. (PLMO)
Red Hat Inc. (RHAT)
Saba Software Inc. (SABA)
The Greenbrier Companies (GBX)
Verity (VRTY)

Budd Foxx

Wednesday, June 29, 2005

NR

Newpark is golden stock picks free swing setup for Thursday.

NR CHART

The HOLDRS Defined

Every now and then I get an e-mail asking me what are the Holdrs? What is the OIH, the HHH's,
the RTH etc. If you click on Pharmaceuticals you will see the companies represented in the PPH.

The HoldRS Defined

Stocks Trading up in After-Hours

RCOM, MERX, ASYT, AIRN, SERO, VTSS, NMTI, OSTE, CBMX and MNKD

RIMM

Research In Motion is trading down 4 points as the company just reported 1st quarter earnings.

8 Simple Sell Rules

Here are 8 Simple Sell Rules to follow from Investors Business Daily.

Eight Simple Sell Rules

Gold and Silver Stocks

Gold and Silver Stocks continue to have a good tone to them and could be setting up for some longer term position trades.

Gold and Silver Stocks

DRIV

Digital River Inc. acted very well today and is now trading above the 200 dma. Keep it on the radar for the rest of the week.

CRDN

Ceradyne Inc. is looking like a reversal setup as the stock is trying to get back to the 200 dma. This stock could be a momentum play if it close strong on the day.

TIE

Titanium Metals Corp is acting very well today and could be a momentum play if it closes strong today.

IRIS

Iris International Inc we mentioned this stock yesterday and said it was getting support at the 50 dma. Today the stock is acting very well so keep it on the trading radar.

IRIS CHART

OMCL and IVAC

OMCL and IVAC are a couple of potential reversal setups. Keep them on the radar for potential swing setups.

SPNC

Spectranetics Corp has a good tone to it today and the chart looks good so keep it on the radar this afternoon.

IMGC

Intermagnetics General Corp has a good tone to it today so keep it on the radar this afternoon. The MACD on a daily chart is looking bullish.

ELN

Elan Corp is on the move as it just made a new intraday high.

ASTM and STEM

ASTM and STEM volume is starting to pickup in both of these stocks so keep them on the trading radar.

COGT

Cogent Inc. this stock has a good lookin chart and is acting well today so keep it on the radar.

CWTR

Coldwater Creek Inc. MACD on a daily chart is starting to look bullish and the stock is acting very well today. Keep this stock on the radar for a possible swing setup.

KYPH and ELOS

KYPH and ELOS both of these stocks have a good tone in early trading so keep them on the radar today.

RURL

Rural Metro Corp has a nice looking chart and the stock has a good tone to it today so keep it on the trading radar. MACD on a daily chart is bullish.

TACT

Transact Technologies is acting well today so keep an eye on it.

LZ

Lubrizol Corp just raised 2nd quarter guidance and the stock just made a new intraday high so keep it on the radar.

GGR

Geoglobal Resources Inc just made a new intraday high so keep it on the trading radar today.

SWN

Southwestern Energy Co has a very good tone in early trading so keep it on the radar. Oil Inventory numbers come out at 10:30 am.

RNOW

Rightnow Technologies, Inc. has a good tone in early trading so keep it on your radar today.

SIRI

Sirius Satellite Radio, Inc. is trading up .15 in pre-market so keep it on the trading radar today as it could have continued momentum from yesterday.

SIRI CHART

SPIR

Spire Corp. is trading up in pre-market and has a possible flag on the chart so keep it on the trading radar today.

SPIR CHART

ASTM and STEM

ASTM and STEM have been added to the Russell 3000 index and are trading up in pre-market so keep them on the radar today.

Stocks Trading Up In Pre-Market

CTHR, GGR, MNST, ORCL, APPX, ASTM, STEM, DSTI, NTOP, RIMM, PLUS, SHPGY, SGTL, WHRT, MLNM, SMSC, CBMX, CTIC, HAMP, CHCI, WAVX, and SIRI

Budd Foxx

Upgrades and Downgrades

Stocks recieving upgrades include:
BP, CVX, MOT, WFC, KPN, AAA, PHG, STM, and IFX

Downgraded this morning:
BF, and NVS

Budd Foxx

Morning News

  • Futures are weak after yesterday's gains pointing to a lower open.
  • Final Q1 GDP report today before the open at 8:30am.
  • June Agricultural Prices out this afternoon at 3pm.
  • Watch those Oil Inventories today due out at 10:30 am
  • DiamlerChrysler (DCX) set to match General Motors (GM) employee discount promotion if GM extends the program through July.
  • American International Group (AIG) reported after the bell yesterday first quarter income up over 40% while revenues also up over 15%.
  • Richard Scrushy Health South's former chairman and chief executive found not guilty of all charges yesterday in one of the biggest corporate fraud cases to date.
  • Citigroup (C) fined $25 million yesterday by the U.K. Financial Services Authority for failure to conduct it's business properly.
  • Crude Oil lower this morning just below $58.00 per barrel.
  • Also a little slide in Gold currently $436.00 per ounce.
Budd Foxx

Earnings

A few of the companies reporting earnings today.
3Com Corp. (COMS)
BMC Software (BMC)
ePlus (PLUS)
General Mills Inc. (GIS)
Lions Gate Entertainment (LGF)
Monsanto Company (MON)
Novamerican Steel (TONS)
Oracle (ORCL)
Park Electrochemical (PKE)
Research In Motion Limited (RIMM)
Robbins & Meyers (RBN)
SMSC (SMSC)
Unifirst (UNF)
WD-40 Company (WDFC)

Budd Foxx

10 Interesting Charts

ARO, CKCM, CLF, LPNT, NANO, QLGC, SNRR, SNHY, TRY and UNH.


Ten Interesting Charts

Tuesday, June 28, 2005

LUB

Luby's is golden stock picks free swing setup for Wednesday.

LUB CHART

FCEL

Fuel Cell Energy volume has picked up and the stock has a good tone to it today so keep it on your watchlist.

AQNT

Aquantive Inc. volume has picked up and the stock is acting well today so keep it on the radar this week.

NTRI

Nutrisystems, Inc. just made a new intraday high and the stock has a very good tone to it today so keep it on the radar for a possible swing trade.

WPSC

Wheeling Pittsburgh Corp. was just downgraded by UBS and the stock is starting head south so keep it on the radar for a possible short candidate.

Nasdaq Trader's Blog

Roberto specializes in options and continually posts updated stock market news on his site throughout the day. If you like to play options I highly recommend his site because he has had some great picks in the past that have yielded large profits. Add this site to your list of resources.

Nasdaq Trader's Blog

GMXR

GMX Resources, Inc. this stock has broken out of a flag formation. Notice the low volume on the pullback then the high volume on the breakout today.

GMXR CHART

NANO

Nanometices Inc. the stock is trading higher on an upgrade. Keep it on the trading radar as the stock has just made a new intraday high.

ADSK

Autodesk, Inc. is currently oversold. If you look at the full stochastics indicator you will see the fast line has crossed the slow line below 20. This signals a buy on this indicator.

ADSK CHART

NANX

Nanophase Technologies has a good tone so keep it on the trading radar this afternoon.

GGR

Geoglobal Resources, Inc. has a lot of momentum so keep it on the radar today.

SBYN

Seebeyound Technology Corp has a good tone to it today so keep it on the trading radar. The stock has pulled back since it gapped up this morning.

IRIS

Iris International Inc. just made a new intraday high so keep it on your trading radar today. The stock seems to be getting support at the 50 dma.

IRIS CHART

CCJ

Cameco Corp just made a new intraday high so keep it on your watchlist today.

DWCH

Datawatch is starting to warm up a little bit so keep an eye on it.

FORD

Forward Industries, Inc. this stock is oversold and has a high short interest and could pop at anytime so keep it on your watchlist.

SIRI

Sirius Satellite Radio Inc. has a good tone in early trading so keep it on your watchlist today. The stock has broken out on good volume.

BOOM

Dynamic Materials is starting to heat up so keep it on the trading radar today.

TZOO

Travel Zoo, Inc. is starting to heat up a little bit so keep a close eye on it.

XMSR

XM Satellite Radio Holdings Inc. has a good tone to it in early trading so keep it on your radar.

ANTP

Phazar Corp was awared a contract yesterday and the stock is trading up on the news. Keep it on the trading radar today.

PAYX

PAYCHEX, Inc. reported good earnings yesterday and the stock is trading up on the news so keep it on your watchlist today.

DCAI

Dialysis Corp of America is acting well in early trading so keep it on the radar today.

CKCM

Click Comerce Inc has a good tone in early trading so keep it on the radar today.

SPIR

Spire Corp. this stock has a possible flag formation on the chart and it could breakout at anytime so keep it on your watchlist.

SPIR CHART

10 Interesting Charts

HANS, CKCM, LB, CEDC, DPTR, ANST, ALY, DWA, ENG, AND SPIR

Stocks Trading Up In Pre-Market

GOOG, SHLD, WPCS, FORD, NGAS, LIOX, CBST, IIJI, CFIB, MPET, ANTP, TALX, SGTL, CTHR, PAYX, OLAB, SBYN, VTAL, TWGP, FXEN, ICOS, and MANH

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning include:
KMG, COGN, BMC, and ALB

Downgraded this morning:
PFGC

Budd Foxx

Morning News

  • Futures are up looking to a higher open
  • June Consumer Confidence 10am today.
  • IBM Corp. (IBM) announced late yesterday the Securities and Exchange Commission is investigating the company on it's methods for exspensing employee stock options.
  • Cable Industry recieved a favorable ruling from the supreme court which ruled cable companies do not have to share lines with rival providers of high speed internet services.
  • Advanced Micro Devices (AMD) files suit late yesterday alleging Intel (INTC) violated antitrust laws.
  • Morgan Stanley Raises it's forcast on the integrated oil industry to attractive from in line. Also raises raises projection price of crude oil to $50.00 per barrel.
  • Crude oil has pulled back some off yesterday highs of $60.95 per barrel, which was a new all time high. The current price is just under $60.00 per barrel.
  • Gold trading just under $440.00 per ounce.

Budd Foxx

Earnings

A few of the companies reporting today.
Apollo Group (APOL)
Bassett Furniture Industries (BSET)
CardioDynamics International (CDIC)
Electro Scientific Industries Inc. (ESIO)
Emmis Communications (EMMS)
RCN Corp. (RCNI)
Stride Rite Corp. (SRR)
Summa Industries (SUMX)
Synnex Corp. (SNX)
Topps (TOPP)

Budd Foxx

Monday, June 27, 2005

MXC

Mexco Energy Corp. looks like this security has broken out of a possible flag formation on good volume. Take a look at a daily chart and keep it on the radar this week.

MXC CHART

Intraday High Volume Gainers

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

Intraday High Volume Gainers

BPO

BPO is golden stock picks free swing setup for Tuesday.

BPO CHART

CCJ

Cameco Corp. acted very well today on good volume. The momentum could continue tomorrow so keep it on the radar for Tuesday.

CCJ CHART

Stocks Trading up in After-Hours

CBST, BRID, MBRX, PAYX, SPIR, FLML, PENX, EPIX, CURE, and SONC

The Visual Trader

The Visual Trader is our sister site and we update it on a regular basis with educational material. Today we have featured IBD's 8 simple sell rules.

The Visual Trader

LNOP

Lanoptics Ltd. volume has picked up and the stock just made a new intraday high so keep it on the radar. This is a possible reversal setup.

LNOP CHART

VTAL

Vital Images, Inc. a stock we mentioned on Friday continues to act well so keep it on your watchlist.

VTAL CHART

CURE

Curative Health Systems Inc. stock is acting well on above average volume and could be a reversal setup. MACD is bullish on a daily chart.

CURE CHART

Crude Oil 60.72 per Barrel

Crude Oil just made a new all-time and is currently at 60.72 per barrel. Keep those gas and oil stocks on the radar.

AEZ

American Oil and Gas just made a new intraday high so keep it on the trading radar this afternoon.

DUSA

DUSA Pharmaceuticals, Inc. just made a new intraday high so keep it on the radar today.

DUSA CHART

IIJI

Internet Initiative Japan Inc is starting to heat up so keep an eye on it today.

ENER

Energy Conversion Devices Inc the stock just made a new intraday high so keep it on the radar this afternoon.

ENER CHART

IOC

Interoil Corp is acting well today so put it on your watchlist this afternoon. The stock has an improving chart.

IOC CHART

SGTL Sell Short

Sigmatel Inc is looking like a possible short candidate.

SGTL CHART

BOL

Bausch & Lomb Inc. has a very good tone to it today so keep it on the trading radar today.

BOL CHART

WMG

Warner Music Group Corp is a relatively new issue that is acting ok today. Keep this new issue on the radar for a possible swing setup.

WMG CHART

CTTY

Catuity Inc. appears to be a possible flag on the chart and the stock is acting well in early trading so keep it on the radar today.

CTTY CHART

QSII

Quality Systems Inc. has a good tone in early trading so keep an eye on it today.

PDC

Pioneer Drilling Co has a good tone in early trading so keep it on your trading radar today.

CECO

Career Education Corp is acting well in early trading so keep it on your watchlist today.

BOOM

Dynamic Materials is starting to heat up so keep it on the trading radar today.

PKZ and ESI

PKZ and ESI both of these stocks have a lot of momentum so keep them on the radar today.

DSTI

Daystar Technologies Inc is acting well in early trading so keep it on the radar today.

GEOI and ABLE

GEOI and ABLE

With Crude Oil trading up both of these stocks have a good tone in early trading so keep them on the radar today .

Stocks Trading Up In Pre-Market

XMSR, NVTL, RIMM, CECO, GEOI, ALTI, SIRI, CELG, TIVO, DSTI, IOTN, PLMO, SYNC, EMRG, VCLK, CFNL, FSII, QTWW, EZPW, CGTK, and MNST

Budd Foxx

LMT Sell Short

Lockheed Martin is the trader hr free weekly swing setup.

LMT CHART

Upgrades and Downgrades

Stocks upgraded this morning include:
GGG, BZH, LM, and BOL

Stocks downgraded this morning include:
FCL, and ANIK

Budd Foxx

Morning News

  • Futures are down pointing to a lower open.
  • Crude Oil seems to be making all the headlines this morning with concerns over supply and demand oil has reached all time highs this morning. Currently at $60.34 per barrel .
  • Gasoline prices are also on the rise over the past two weeks prices at the pump have jumped up on average .08 cents a gallon.
  • Traders will anxiously await for thursday as the Federal Reserve will announce latest policy on intrest rates.
  • Wal-Mart Stores Inc.(WMT) looking to expand into Europe.
  • Toyota Motors (TM) To build new factory in Canada.
  • Sun Microsystems (SUNW) to release source codes for it's Java Applications
  • General Motors (GM) not allowing insiders to purchase or sell company stock.

Budd Foxx

Earnings

A few of the companies reporting earnings today.
Access Integrated Technologies Inc. (AIX)
CKE Restaurants (CKR)
Handleman Company (HDL)
Juno Lighting (JUNO)
Nike (NKE)
Paychex (PAYX)
Sonic Corp. (SONC)
Walgreen (GAG)

Budd Foxx

Sunday, June 26, 2005

GEMS

Glenayre Technologies, Inc. the chart looks good and a breakout above overhead resistance at 4.09 would be a good sign. Keep this stock on the trading radar this week.


GEMS CHART

Closed Above the 50 dma

Moving averages quickly show whether a stock is trending higher or lower. This screen finds stocks that closed above their 50-day moving average in the most recent session -- a bullish sign.


Closed Above the 50 dma

10 Interesting Charts

AMCS, BMRN, FC, ORCC, PLLL, NUVA, JVA, SONC, SBAC and VTAL.

Ten Interesting Charts

DNR

Denbury is golden stock picks.com free swing setup for Monday.

DNR CHART

Jessie Livermore by Chart Speak

Chart Speak goes over Livermore's Five Money Management Rules.
  1. Don't Lose Money
  2. Always Establish a Stop
  3. Keep Cash in Reserve
  4. Let the Position Ride
  5. Take the Profits in Cash


Five Money Management Rules

Saturday, June 25, 2005

Buying the Pullback

Alan Farley talks about how to buy the pullback correctly.

Buying the pullback makes good sense after a strong rally, but it's a great way to lose money if you jump in too early or too late. How can you find perfect timing when it comes to this classic play? The key lies in reading the clues of the charting landscape. It's natural for markets to correct after big rallies. This countertrend move lowers the emotional fires and sets up the ideal conditions for a swing back to higher prices.


Buying the Pullback

Recommended Reading

  1. Secret's to Profiting in Bull and Bear Markets by Stan Weinstein
  2. How to Make Money in Stocks by William J. O'Neil
  3. The Visual Investor by John Murphy
  4. How I Made 2 million in the Stock Market by Nicolas Darvas
  5. Reminiscences of a Stock Operator by Edwin Lefevre
  6. The Master Swing Trader by Alan Farley

Friday, June 24, 2005

ORCH

Orchid Cellmark, Inc. is acting well today and if you look at the chart you will see a possible cup with a handle. Ideally we would like to see a pullback on low volume to form the handle.

ORCH CHART

NTRI

Nutrisystem Inc.has left the Amex to trade on the Nasdaq. The stock has been acting well lately so keep it on the trading radar. The old symbol was NSI and the new symbol is NTRI on the Nasdaq.

NTRI CHART

VTAL

Vital Images Inc. the MACD on a daily chart is bullish as the fast line is crossing the slow line. The stock just made a new intraday high so keep it on the trading radar. Looking like a possible swing setup.

VTAL CHART

OSIP

OSI Pharmaceuticals has a good tone to it today so keep it on your watchlist.

DNA

Genentech Inc. just made a new intraday high and is in the biotech sector(BBH) that is very strong today.


DNA CHART

SECTORS

The biotechs (BBH) and the Banks (RKH) are strong today. Keep your eye on the (OIH) as it just turned green.

PDC

Pioneer Drilling Co has a good tone to it today and just made a new intraday high so keep it on the radar.

DSTI

Daystar Technologies Inc. went green and made a new intraday high so keep in the radar this afternoon.

ESLR

Evergreen Solar Inc. has a good tone to it today so keep it on your watchlist.

ESLR CHART

LM

Legg Mason Inc. has a very good tone to it today so keep it on the radar.

LM CHART

ENER

Energy Conservation Devices, Inc. has a very good tone in early trading so keep it on your trading radar today.

KYPH

Kyphon Inc. has a good tone in early trading so keep it on the radar.

MNTA

MNTA is starting to heat up so keep it on your watchlist today.

IDSA

Industrial Services of America Inc. has a very good tone in early trading so keep an eye on this stock today.

GEOI and ABLE

Georesources Inc. and Able Energy just made new intraday highs so keep them on the radar today.

ALVR

Alvarion Ltd has is acting well in early trading so keep it on your watchlist today.

DCAI and NGPS

Both of these stocks have a good tone in early trading so keep them on the radar today.

FORD

Forward Industries, Inc. yesterday the stock sold off on heavy volume but seemed to bounce right off the 50 dma. That could of been a buying oppurtunity as institutions will support a stock at the 50 dma. This morning the stock is trading up in pre-market so keep it on the radar today.

FORD CHART

Stocks Trading Up In Pre-Market

FORD, ALKS, CTIC, PMCS, MANT, GOOG, GILD, ISON, BOOM, BRCM, ONXX, INKP, ISLE, ELOS, CNXS, BLDP, NTMD, GMAI, XTXI, and ENER

Budd Foxx

10 Interesting Charts

CULS, CTT, DPTR, FSH, HWK, MHL, MIDD, PDC, SFCC and VPHM

Ten Interesting Charts

Upgrades and Downgrades

Stocks recieving upgrades this morning include:
RAD, CAI, and OMC

Stocks downgraded this morning include:
CTL, STLD, SWIR, GKIS, ELY, and X

Budd Foxx

Morning News

  • Futures are Down looks like a lower open this morning.
  • May New Home Sales this morning at 10am.
  • May Durable Goods Report today at 8:30am.
  • Lehman Brothers lifts price target on three companies this morning: Transocean Inc.(RIG) from $60.00 to &73.00 Diamond Offshore (DO) from $59.50 to $72.00 and also raises price target on Noble Energy (NE) to $75.00
  • E*Trade (ET) reportedly out of the running for Ameritrade.
  • Raytheon Co. (RTN) after the bell yesterday announced the company has been granted a contract with the U.S. Airforce to install a missile and air defense for the Tiawan Airforce deal worth $752 million.
  • Crude Oil currently 20 cents shy of $60.00 per barrel.
  • Gold has also been trading higher currently just under $445.00 per ounce.

Budd Foxx

Thursday, June 23, 2005

AEP

American Electric is golden stock picks free swing setup for Friday.

AEP CHART

Stocks Trading Up In After - Hours

WTSLA, COGO, NAVG, TWTI, VSGN, CYTC, CTIC, GMAI, SLXP, and TWTR

Budd Foxx

INKP

Inkline Pharmaceutical Company ( INKP ) to be bought by Salix Pharmaceutical Ltd. deal reportedly worth $190 million. (INKP) trading up over 1 point in after hours trading.

Budd Foxx

VCLK

Value Click, Inc. is acting very well today and just made a new intraday high so keep it on the trading radar this afternoon.

KYPH

KYPH Kyphon Wins Patent Dispute against Disc-O-Tech. The stock has a lot of momentum so keep it on the radar this afternoon.

Nasdaq has taken out resistance at 2100

The Nasdaq has broken resistance at 2100. If you look at the chart you will see a possible cup with a handle. It will be interesting to see if a summer rally is around the corner. We could certainly see some window dressing to end the quarter.

Nasdaq Chart

SECTORS

Oil (OIH), Energy (XLE), Semiconductors (SMH) and Utilities (UTH) are strong today.

CREE

Cree Inc. just made a new intraday high so keep it on your watchlist today.

DESC

Distributed Energy Systems Corp a stock we have profiled a few times has a good tone to it today so keep it on your watchlist.

DESC CHART

DO

Diamond Offshore Drilling just made a new intraday high and is acting well so keep it on the radar today.

DO CHART

FC

Franklin Covey Co. one the years biggest winners continues to act well. I would keep it on the radar for a possible swing setup.

FC CHART

AIRT

Air T, Inc. just made a new intraday high so keep it on the radar today.

KYPH and WLDA

KYPH and WLDA both of these stocks have a good tone in early trading so keep an eye on them today.

BRCM

Broadcom Corp has a good tone in early trading so keep it on the radar today.

PENN

Penn National Gaming Inc. has a good tone and CL King raised their price target to $45 per share so keep it on your watchlist.

DCAI

Dialysis Corp of America is acting well in early trading so keep it on the radar today.

MNTA

Momenta Pharmaceuticals Inc. is up over 4 points in pre-market so keep it on the trading radar today.

Stocks Trading Up In Pre-Market

AMTD, XOMA, SHLD, MLHR, WSCI, RIMM, SWKS, MPET, CATG, GFIG, JMDT, AAPL, VVUS, METH, SEAC, CKXE, WSTK, DVAX, GIGM, and MNTA

Budd Foxx

Stocks to Watch

Here are some additional stocks to watch today.


Stocks to Watch

Upgrades and Downgrades

Stocks recieving upgrades include:
DRE, FRX, and SONC

Stocks recieving downgrades include:
GCI, DT, HRB, and HEW

Budd Foxx

Morning News

  • Futures are weak may see a slightly higher open.
  • May existing home sales today.
  • Weekly Jobless claims also out today.
  • China National Offshore Oil Company launches a formal bid for Unocal Corp.(UCL)$18.5 billion is the offer topping Chevron's bid by $1.5 billion.
  • Callaway Golf (ELY) reports are out the company may be looking to go private.
  • Airlines to increase fares by up to 3% due to the rising cost of fuel.
  • Merck & Company (MRK) reports out that back in '2000 company researchers sought to alter VIOXX researchers were looking to reduce it's cardiovascular side affects.
  • Crude oil: holding just over $58.00 per barrel.
  • Gold: not much change$439.00 per ounce.

Budd Foxx

Earnings

A few of the companies reporting earnings today include:
A.G. Edwards (AGE)
ATI Technologies (ATYT)
Cognos (COGN)
Del Monte Foods (DLM)
Family Dollar (FDO)
FedEx (FDX)
Finish Line (FINL)
Isle Of Capri Casinos (ISLE)
Methode Electronics (METH)
Micron Technology (MU)
Omnivision Technologies (OVTI)
Rite Aid Corp. (RAD)
Solectron (SLR)
Tektronic Inc. (TEK)
Xyratex LTD (XRTX)

Budd Foxx

Wednesday, June 22, 2005

Herman Miller Q4 net, Q1 outlook beat estimates

SAN FRANCISCO (MarketWatch) -(MLHR) Herman Miller Inc., the Zeeland, Mich., producer of home and office furniture, reported fiscal fourth-quarter net income rose 12% on 15% higher revenue.

MLHR CHART

MNTA

Momenta Pharmaceuticals Inc. traded up 9.41% on good volume in after hours. Keep this stock on the trading radar for Thursday.

MNTA CHART

BCF

Burlington Coat is golden stock picks free swing setup for Thursday.

BCF CHART

Stocks Trading up in After-Hours

AMTD, MNTA, NRMX, PTIX, LIFC, MERX, NSTX, MLHR, SNUS, TOMO, and WLDA

TSRA

Tessera Technologies has had a good tone it today and also has an improving chart.

TSRA CHART

PENN

Penn National Gaming if this stock closes strong it could be a momentum play.

CTTY

Catuity Inc. they are at it again in this momo play as the stock has done a complete 180 from a session low of 12.38 now trading at 18.10. Keep it on the radar.

RVI Blue Skies

Retail Ventures Inc. has a very good tone to it today and has broken out on above average volume and is now in blue skies territory.

RVI CHART

DECK

Deckers Outdoor Corp just made a new intraday high so keep it on the trading radar today.

ALLI

Allion Healthcare just made a new intraday high so keep it on the radar this afternoon. This is a brand new IPO that made it's debut today.

OPWV

Openwave Systems just made a new intraday high so keep it on the watchlist

EYET

Eyetech Pharmaceuticals Inc. just made a new intraday high so keep it on the trading radar today.

TZOO

Travel Zoo just made a new intraday high so keep an eye on it today.

SPIR

Spire Corp volume just picked up so keep it on your watchlist today.

DSTI

just made a new high so keep it on your watchlist today.

BOOM

Dynamic Materials is starting to heat up so keep it on the radar.

KRSL

this stock has a lot of momentum so keep it on the radar today.

DCAI

keep this stock on the radar as it is starting to heat up here.

GLOV

AHPC Holdings Inc. has a good tone to it in early trading so keep it on the radar today.

FORD

Forward Industries, Inc. is acting well in early trading so keep it on the watchlist today.

MNTA and EYET

Both of these stock have a good tone in early trading so keep them on the radar today.

DWCH

Datawatch Corp has a lot of momentum in pre-market so keep it on the radar today.

RMKR

Peter Lynch and Mark Cuban are involved as investors and the company is expecting to get more contracts in the near future. This stock should be over $1 dollar by September. RMKR is trading up 25% in pre-market.

RMKR CHART

Stocks Trading Up In Pre-Market

RMKR, BOOM, TZOO, DSTI,GOOG, COI, ELOS, EYET, NYER, EBAY, AAPL, GTK, PDLI, GNLB, KOSP, AMTD, CNXT, FCEL, NAVR, JVA, GILTF, ADAT, MACR, EMITF, ADPT, TIVO and USEG.

Budd Foxx

Upgrades and Downgrades

Stocks recieving upgrades this morning include:
OSI, MOS, NOK, CNXT, and BT

Stocks downgraded this morning include:
CHS, HPQ, VISGE, and KR

Budd Foxx

Morning News

  • Futures are up pointing to a higher open.
  • Ford Motor Company (F) announced late yesterday the company is lowering it's '05 earnings estimates by as much as 20%.The company also has plans to cut 5% of the companies salaried employees.
  • Valero Energy Corp (VLO) reportedly lost power yesterday to two groups of the refinery units in Texas. Valero has a crude oil capacity of 340,000 barrels per day. There were no reports on any disruption, outage lasted for roughly 1 hour.
  • Coca Cola Company (KO) reaches an agreement with the European Commission ending a 6 year probe.
  • The Bear Stearns Companies (BSC) Could see action by the SEC for it's mutual fund trading activity.
  • Crude oil still holding near $59.00 per barrel.
  • Gold down early yesterday got some back late trading at $439.00 per ounce.


Budd Foxx

Earnings

A few of the companies reporting today include:
Bed Bath & Beyond Inc. (BBBY)
Casella Waste Systems Inc. (CWST)
GEAC Computer (GEAC)
Gtech Holdings Corp. (GTK)
Herman Miller (MLHR)
Kerr-McGee (KMG)
Lindsay Manufacturing (LNN)
Morgan Stanley (MWD)
The Rowe Companies (ROW)
Worthington Industries (WOR)

Budd Foxx

ARRS

Arris Grp., Inc. MACD on a daily chart is starting to look bullish as the fast line is about to cross the slow line. The stock was up yesterday on above average volume. I also see a candlestick pattern that resembles three white soldiers which is a bullish reversal pattern. This is a possible swing setup for Wednesday.

ARRS CHART

Tuesday, June 21, 2005

10 Interesting Charts

ARRS, CCI, DRIV, HLTH, RWY, JAH, JVA, PARL, SPIR and SYMC.


Ten Interesting Charts

PRACTICE YOUR EXIT STRATEGY

It's easy to get into the market, but what about getting out? Most traders don't have an exit plan, whether their positions are turning a profit or going down in flames. The truth is that a good exit will save your neck on a bad entry, and keep you in the game longer than good stock-picking.


Practice your exit stategy

ESL

Esterline is golden stock picks free swing setup for Wednesday.

ESL CHART

Stocks Trading Up In After-Hours

NGEN, MSCC, RHEO, CKXE, SWRG, TUTS, FCEL, WFII, SANM, AMSWA, SOSA and JBL

Budd Foxx

JBL

Jabil Circuit (JBL) reported fiscal 3rd quarter profits of 29 cents per share and revenue of $1.94 billion. Estimates called for 33 cents per share and revenues of $1.92 billion the stock is trading up over 1 point in after hours trading.

Budd Foxx

NSI and TXCC

Both of these stocks have a good tone to them today so keep them on your trading radar.

CHARTS

BABY

Natus Medical Inc. acted very well today and has a good looking chart. Take a look at a chart on this stock.

BABY CHART

GOOG

Google, Inc. is starting to to heat up a little bit so put it on your watchlist.

KONG

Kongzhong Corp just made a new intraday high so keep it on the radar.

OTIV and CTIB

A few more stocks showing the mojo today so keep them on the radar this afternoon.

Highest Percentage Gainers for 6/21

Here are the highest percentage gainers on the day.

Highest Percentage Gainers

CTTY is the Play of the Day

Cauity Inc. is up about 350% on the day and it is still going. The float is very low which is driving the stock up very quickly.

ANTP

Phazar Corp has a good tone to it today so keep it on the radar this afternoon.

GOAM

Go America just made a new intraday high so keep it on the radar this afternoon.

VEXP

We are starting to see some action in Velocity Express so keep it on the radar.

FORD

Forward Industries, Inc. volume has picked up a little bit and the stock is starting to trade higher so keep it on the radar.

CTTY

Catuity Inc. is giving quite a wild ride today so keep it on the radar.

HANS

Hansen Natural Corp lots of momentum in this stock this morning so keep it on the watchlist.

JVA

Coffee Holding Co. Inc. has broken out of a possible flag formation so keep it on the radar.

JVA CHART

AGIX

Atherogenics, Inc. has a good tone so keep an eye on it today.

SNDA

has a lot of momentum so keep it on the radar today.

EYET

Volume has just spiked and it made a new intraday high so keep it on the radar.

KR

Kroger Co reported good earnings and the stock is trading up on the news.

DSTI

Daystar Technologies is acting well in early trading so keep it on your watchlist today.

AEZ, CRM and COGN

All of these stocks have a good tone in early trading so keep them on the radar.

TZOO

Travel Zoo, Inc. is starting to warm up so keep it an eye on it today.

APOG

Reported good earnings yesterday so keep it on the radar today.

SPIR

Spire Corp is acting well in early trading so keep it on the radar today.

VCLK

Valueclick: lifted its fiscal 2005 earnings outlook to the range of 38 cents to 40 cents a share on revenue of $222 million to $226 million, compared to an earlier forecast for earnings between 37 cents and 39 cents a share on revenue of $218 million to $223 million. Valueclick said the new guidance was based on its increased optimism about the second half. The online advertising services provider also reaffirmed its forecast for second-quarter earnings of 8 cents a share on sales of $52 million to $53 million, in line with the average forecast of analysts polled by Thomson First Call. The stock is trading up .66 in pre-market this morning.

Stocks Trading Up In Pre-Market

BAMM, CKCM, SEPR, FORD, LPMA, WYNN, PMCS, STST, GPRO, WPTE, VCLK, XOMA, CNXS, COGN, GERN, GOOG, TIVO, MATK, EXTR, LIOX, ISIS, CYTO, ABRX, VPHM, SIRI, and MCEL

Budd Foxx

The Visual Trader

The Visual Trader is our sister site and we add charts and additional content to that website so take a look at it from time to time for extra information. Today's feature article on the Visual Trader is 20 golden rules for traders.


The Visual Trader

Upgrades and Downgrades

Stocks recieving upgrades this morning include:
COGN, GPRO, BKUNA, CVC, and HIW

Stocks downgraded this morning include:
AGU, NVX, JJZ, GDW, and BMET


Budd Foxx

Morning News

  • Futures are down pointing to a lower open.
  • General Motors (GM) making news again this morning the company plans to slash the price on some of it's '2006 models in the range of $1500.00 - $2000.00 per vehicle.
  • Lennar Corp (LEN) The Homebuilder quarterly profits up also raising it's '2005 earnings outlook.
  • Sirius Satellite Radio (SIRI) reaches deal with Radio 1 top BBC station to broadcast here in the States.
  • Maytag (MYG) recieves two more bids which are both about 15% above it's current deal with Ripplewood Holdings. The deal with Ripplewood worth 2.1 billion dollars.
  • Crude Oil: Down a bit from yesterday's highs but still holding right at the $59.00 per barrel mark.
  • Gold: Has also pulled back currently $436.30 per ounce.

Budd Foxx

Earnings

A few of the companies reporting today include:
Christopher & Banks (CBK)
Commercial Metals Company (CMC)
FactSet Research Systems (FDS)
FSI International (FSII)
H.B. Fuller Company (FUL)
Jabil Circuit Inc. (JBL)
Lennar Corp. (LEN)
The Kroger Company (KR)
Xerium Technologies Inc. (XRM)

Budd Foxx

20 Rules to Stop Losing Money

Alan Farley goes over his rules to stop losing money in the market.

20 Rules to Stop Losing Money

Monday, June 20, 2005

GRU

GuruNet Corp. the stock has made it's way back to the 50 dma. MACD on a weekly chart is looking bullish as the fast line is about to cross the slow line so keep it on your watchlist this week.

GRU CHART

RTSX Blue Skies

Radiation Therapy Services, Inc. broke all resistance today on high volume and is now in blue skies territory so keep it on the radar for the rest of the week as it could trade higher.

RTSX CHART

APOG BLASTS ESTIMATES

Jacob Whitney also known as Upticks has all the details on APOG beating estimates and how you should play this stock tomorrow. Jacob has also profiled LEN a stock that reports earnings tomorrow. Check out his site for more details.

Upticks Earnings Blog

CYBX

Cyberonics, Inc. MACD on a weekly chart is bullish. The stock traded up more then 12% amid speculation the company is about to receive regulatory approval to treat depression with the companies VNS therapy system. Keep it on the radar the rest of the week.

CYBX CHART

Intraday High Volume Gainers

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

Intraday High Volume Gainers

Stocks Trading up in After-Hours

APPL, WTSLA, MLMN, CKCM, EMITF, COMS, WSSI, PMTI, NOVA, CKRK, ECOL, MATK, SPIR, and XMSR

COGT

Cogent Receives Letter of Intent for $31.75 mln follow-on order (COGT) 23.81 +0.07:Co today announced it has received a letter of intent for a $31.75 mln follow-on order to add capabilities to its Automated Fingerprint Identification Systems solution for the National Electoral Council in Venezuela from Briefing.com.

ITRI

Itron Inc. is very strong today and could be a momentum play if it closes strong.

ITRI CHART

Nasdaq 2100 is Resistance

We are getting close to breaking resistance at 2100. Watch for the window dressing to finish out the quarter.


Nasdaq Chart

SWN

Southwestern Energy Corp has a good tone and could be a momentum play if it closes strong today so keep it on the radar.

MNTA

Momenta Pharmaceuticals starting to warm up so keep it on the radar.

GOOG

Google, Inc. volume has really picked up and the stock looks like it wants to go green so keep it on the radar.

DRL

Starting to rip here so keep it on the radar.

TZOO

Travel Zoo, Inc. volume is picking up and the stock just made a new intraday high so keep it on the radar.

KEYW

Essex Corp has a good tone and has a good looking chart so keep it on the radar this week.

MCEL

Millennium Cell is acting well today so keep it on the trading radar today.

SPIR

Spire Corp has a good tone in early trading so keep it on your watchlist today.

GSOL

Global Sources, LTD just made a new intraday high so keep it on the radar.

DSTI

just went green so keep it on the radar today

MXC

Mexico Energy Corp a little thin but is certainly moving up today.

UHCP

United Heriage Corp has a lot of momentum so keep an eye on it today.

BOOM

Dynamic Materials is starting to heat up so keep it on the radar today.

VPHM

Viropharma Inc. is acting very well in early trading so keep it on the watchlist today.

FCEL

has a good tone in early trading so keep it on the radar today.

ABLE, BDCO, GEOI, FUEL and MPET

With Crude Oil trading up keep an eye on these energy stocks.

Stocks to Watch Today

Here are some more stocks to watch.


Stocks to Watch Today

Stocks Trading Up In Pre-Market

ABLE, AMLN, FCEL, GEOI, GERN, DSTI, IVAN, SHPGY, MLNM, NYER, STEM, MPET, FUEL, GW, IMCL, BCRX, TKTX, ERS, MDCC, VISGE, SYNC, VPHM, KOSN, and TNOX

Budd Foxx

PDC

Pioneer Drilling Co. is the trader hr free weekly stock pick and swing setup.

PDC CHART

Upgrades and Downgrades

Stocks recieving upgrades include:
CBRL, CL, CHI, F, GM, and CHH

Stocks downgraded this morning include:
TRB, USPI, PGR, and ATRS

Budd Foxx

Morning News

  • Futures are down pointing to a lower open.
  • May Leading Indicators this morning at 10am.
  • Boeing Co. (BA) has lost an order from Air Canada which was worth $6 billion for roughly 30 of the companies aircraft.
  • Google Inc. (GOOG) reports are out that the company plans to offer it's own version of electric payment system, to compete with Ebay's Paypal system.
  • H.J. Heinz Co. has agreed to buy Dranone's (DA) sauces division deal worth $855 million.
  • Cablevision (CVC): Dolan family taking steps to take the company private.
  • Gold: continues to climb currently $441.90 per ounce.
  • Crude Oil on the rise currently trading near $59.00 per barrel

Budd Foxx

Earnings

A few of the companies reporting today include:

American Healthways (AMHC)
Apogee Enterprises Inc. (APOG)
Arrow International (ARRO)
CarMax Inc. (KMX)
Culp Inc. (CFI)
Enersys (ENS)
Intervoice (INTV)
Omnova Solutions (OMN)
Steelcase Inc. (SCS)
Veritas DGC Inc. (VTS)


Budd Foxx

Sunday, June 19, 2005

VRTX

Vertex Pharmaceuticals Inc. the MACD on a daily chart is bullish as the fast line is crossing the slow line.

VRTX CHART

MDRX

Allscripts, Inc. the MACD on a daily and weekly chart are looking bullish. On Friday the stock broke out on above average volume so keep this one on the radar this week as it is a possible swing setup.

MDRX CHART

HCN

Health Care Reit is golden stock picks free swing setup for Monday.

HCN CHART

Saturday, June 18, 2005

Stan Weinstein's Don'ts for Selling

  1. Don't base your selling decision on tax considerations.
  2. Don't base your selling on how much the stock is yielding.
  3. Don't hold onto a stock because the P/E ratio is low.
  4. Don't sell because the P/E ratio is too high.
  5. Don't average down in a negative situation.
  6. Don't refuse to sell because the overall market trend is bullish.
  7. Don't wait for the next rally to sell.
  8. Don't hold onto a stock because it is of high quality.

Trader Mike looks at CREE, VEXP and IRIS

Trader Mike an expert in technical analysis gives his professional opinion on three stocks that are always on our watchlist. In case you were wondering what the spanish means it says which one is most manly CREE, VEXP or IRIS.


Trader Mike on CREE, VEXP and IRIS

Today's Stock Market Report

Helium was up, feathers were down. Paper was stationary. Fluorescent tubing was dimmed in light trading. Knives were up sharply.
Cows steered into a bull market. Pencils lost a few points.
Hiking equipment was trailing.
Elevators rose, while escalators continued their slow decline.
Weights were up in heavy trading.
Light switches were off.
Mining equipment hit rock bottom. Diapers remain unchanged.
Shipping lines stayed at an even keel.
The market for raisins dried up.
Coca Cola fizzled.
Caterpillar stock inched up a bit.
Sun peaked at midday.
Balloon prices were inflated.
And Scott Tissue touched a new bottom.
And batteries exploded in an attempt to recharge the market...

INVESTOPEDIA

Investopedia is an online financial encyclopedia. This is an excellent source of information if you are new to the financial markets or want to find out what a certain term means.

For example: Stocks going Ex-Dividend.

Investopedia.com

Friday, June 17, 2005

CAT

Caterpillar Inc. could be a momentum play if the stock closes strong. The stock hit a new 52 week high today.

GW

Grey Wolf, Inc. has a good tone to it today so keep it on your watchlist.

AIRT

Air T, Inc. is on the move so keep it on the radar this afternoon.

SECTORS

The Biotechs (BBH), Energy (XLE), Oil (OIH), Homebuilders (NVR), and Utilities (UTH) are strong today.

PDLI

Protein Design Labs, Inc. MACD on a daily chart is bullish as the fast line is about to cross the slow line. The stock has a good tone to it today so keep it on the radar. Possible swing setup.

PDLI CHART

DESC

Distributed Energy Systems Corp has a very nice tone to it today so keep it on the trading radar.

OSIP

OSI Pharmacueticals has a lot of momentum so keep it on the radar today.

One Week High Volume Gainers

Here are the high volume gainers for the week.

High Volume Gainers

PLMO

Palm One Inc. has a good tone in early trading so keep it on your watchlist today.

DSTI

starting to warm up so keep it on the radar.

TARR

another homebuilder to keep on the radar.

MLNM and IVX

Both of these stocks have a good tone in early trading so keep them on the radar.

AKAM and EXM

Both have interesting charts so keep an eye on these stocks today.

CHARTS

CHCI

Comstock Homebuilding Inc. is up 1.01 in pre-market so keep it on the radar today. Keep an eye on the homebuilders today.

10 Interesting Charts

Here are 10 more interesting charts.

Ten Interesting Charts

Stocks Trading Up In Pre-Market

ELN, MLNM, MNTA, SWKS, ROYL, NTMD, FORD, GOOG, UHCO, EBAY, BOOM, VION, PLMO, RIMM, GW, ALTI, CHCI, NYER, SIRI and VEXP

Budd Foxx

End of Day Stock Screener Results 06/17

Long Candidates:

ADSK, AIRT, ALAN, ALTI, AMD, CHCI, DDDC, ECST, EDGR, FARO, FILE, FORD, GOAM, IDCC, JOBS, JBHT, JRJC, MAHI, NGEN, PENN, QCOM, RIMM, SIGM, SINA, VEXP, XING, ZICA and ZQK.

Upgrades and Downgrades

Stocks recieving upgrades include:
PVN, LCCI, and SNY

Stocks downgraded include:
HUBG, GS, SNY, UBS, and CAKE

Budd Foxx

Morning News

  • Futures look good this morning pointing to a higher open.
  • Circuit City (CC) will be reporting before the open this morning.
  • Bank of America (BAC) to buy 9% stake in China Construction Bank.
  • A Food and Drug advisory committee has voted to recommend Nitro Med's (NTMD) cardiac drug BIDIL to be approved to treat heart failure in African American patients.
  • Biogen (BIIB) to sell a Californian plant to Genentech (DNA) . The deal worth $ 408 million, Genentech will use the facility to produce it's popular drug Avastin.
  • Sirius Satellite Radio (SIRI) and XM Satellite Radio (XMSR) both recieve licensing to conduct business in Canada.
  • Crude oil continues to rise the price of a barrel now over $57.00
  • Gold has also been doing well now trading at $439.00 per ounce.


Budd Foxx

GMXR Blue Skies

GMX Resources, Inc. broke out yesterday on high volume and made a new all-time high. MACD on a daily chart is looking bullish.

GMXR CHART

10 More Interesting Charts

Here are 10 more interesting charts and stocks to keep on your watchlist.


10 Interesting Charts

Thursday, June 16, 2005

IRIS

Iris International, Inc. broke out today on above average volume. The MACD on a daily chart is starting to look bullish so keep it on the radar for Friday.

IRIS CHART

4 Interesting Lower Priced Stocks

RWY, TERN, TXCC and UNWR


4 Interesting Charts

After Hours Trading

Most advanced in after hours Include:
IBPI, ABGX, RMIX, STEC, SPEC, OMNI, MLNM, FOXH, MBRX, and REGN

Budd Foxx

EYET

Eyetech Pharmaceuticals, Inc. is looking like another possible reversal so keep it on the radar today. Volume is starting to pickup.

GSOL

Global Sources is looking like a classic reversal setup so keep it on the trading radar. MACD on a weekly chart is bullish.

GSOL CHART

FOXH

Fox Hollow Technologies continues to act well and just made a new intraday high so keep it on your watchlist.

MPET

Magellan Petroleum Corp is once again flying today so keep it on the radar.

MNTA

This stock has a lot of momentum so keep it on the radar today.

AIRT

Air T, Inc, just made a new intraday high so put it on the watchlist.

BOOM

just went green so keep an eye on it.

DNA

Genetech Inc. the biotechs (BBH) are acting well in early trading so keep an eye on them.

EQIX

Equnix Inc. reported good earnings and the stock is trading up 4 points on the news. Keep it on your watchlist today.

DCAI

Dialysis Corp of America is acting well in early trading so keep it on the radar.

BBBY

Bed Bath and Beyond Inc. has a good tone in early trading so keep it on your watchlist today.

APPL and FORD

Both of these stocks have a good tone in early trading so keep them on the radar today.

Stocks Trading Up In Pre-Market

MICU, ICST, SHLD, NCRX, IPII, MPET, PKTR, IMCL, PRGS, LOGI, GOOG, TZOO, GSOL, EBAY, DSTI, GIGM, MCHP, PARL, TCF, IDWK, TAGS, ALNY, EQIX, and IVAN

Budd Foxx

FORD

Forward Industries, Inc. my end of day stock screener kicked out FORD as a long candidate so keep it on the radar today.

FORD CHART

End of Day Stock Screener Results 06/16

Long Candidates:

AAPL, ABLE, ADBE, ANTP, CMGI, CREE, CYD, DATA, EBAY, EVOL, EVST, FORD, HOTT, HURC, HURN, IART, JBHT, MAHI, QCOM, RIO, SSNC, STMP, XING, and ZILA.

Upgrades and Downgrades

Stocks recieving upgrades include:
AHO, SC, RD, PCBC, F, and AT

Stocks downgraded this morning include:
BP, UHT, and EMMS


Budd Foxx

Morning News

  • Futures are flat pointing to a slightly higher open.
  • May Housing Starts today at 8:30 am.
  • Weekly Jobless Claims also today at 8:30 am.
  • Pfizer Inc. (PFE) has agreed to purchase Vicuron Pharmaceuticals Inc. (MICU) for 1.9 billion.
  • Boeing (BA) has recieved two more contracts for roughly 50 of the companies aircraft deals are reportedly worth 3.5 billion.
  • Crude Oil spiked up yesterday to over $56.50 per barrel, currently oil futures are $55.60 per barrel down 1 dollar from yesterday's highs.
  • Gold has also been trading higher now just over $433.00 per ounce.

Budd Foxx

Earnings

Actuant Corp. (ATU)
Adobe Systems (ADBE)
Carnival Corp Carnival ple (CCL)
Chattem Inc. (CHTT)
Entegris Inc. (ENTG)
Goldman Sachs (GS)
J.M. Smucker Company (SJM)
K.B Home (KBH)
Progress Software Corp. (PRGS)
Winnebago (WGO)

Budd Foxx

Wednesday, June 15, 2005

BABY

Natus Medical, Inc. broke out of a nice flat base on above average volume today. The MACD on a daily chart looks bullish as the fast line is about to cross the slow line. This is a possible swing setup.

BABY CHART

JLG

JLG Industries, Inc. is golden stock picks free swing setup for Thursday.

JLG CHART

Highest Percentage Gainers for 6/15

Here is a listing of the top percentage gainers on the day. Some of these stocks could be momentum for tomorrow.

High Percentage Gainers

Stocks Trading up in After-Hours

ALNY, BOOM, DSTI, GIGM, MCDT, ENCY, PCLE, and JDSU

Closed Above the 200 dma Today

Moving averages quickly show whether a stock is trending higher or lower. This screen finds stocks that closed above their 200-day moving average in the most recent session -- a bullish sign.

Closed Above 200-Day MA Today

DHB

DHB Industries, Inc. is looking like a classic reversal play. Take a look at this improving chart.

DHB CHART

BMC

BMC Software has a good tone to it today. The MACD on a daily chart is bullish and the stock traded up on above average volume so keep it on the radar for Thursday. Take a look at a chart on this stock. A breakout above 18 would be a very good sign.

BMC CHART

PD and SHLD

Both of these stock could be momentum plays.

BOOM

Dynamic Materials is starting to heat up so keep it on the radar this afternoon.

TZOO

Travel Zoo, Inc. just made a new intraday high so once again keep it on the radar this afternoon.

DSTI

Daystar Technologies Inc. has gone green and just made a new intraday high so keep it on the radar this afternoon.

ELN

Elan Corp. just made a new intraday high so keep it on the radar today.

ESLR

Evergreen Solar, Inc volume is picking up as CNBC has mentioned the stock.

TCF

looking like a short squeeze on Turbochef. 46% of the float is short.

ROYL

We are seeing a lot of action in Royale Energy Inc. so keep it on your watchlist.

ELOS

Syneron Medical has a good tone to it today so keep it on the trading radar today.

MPET, FUEL and BDCO

With Oil Inventories coming in low these energy stocks have taken off.

GEOI and ABLE

just made a new intraday high so keep them on the radar today.

NTMD and MDCO

Both of these stocks are acting well so keep an eye on them today.

FORD

Forward Industries, Inc. has a good tone in early trading so keep it on the watchlist today.

TZOO

We are seeing a lot of action in Travel Zoo, Inc. in early trading so keep it on the radar today.

BOOM

Dynamic Materials Corp is now trading up 1.16 in pre-market. My end of day stock screener also kicked BOOM out as a long candidate so keep it on the radar today.

BOOM CHART

Some Interesting Charts 6/15

BMR, KSS, STV, VLFG, CIA, INB, FL, PRU, CTX, HELX, LSCP, ALDA, CELL, DKS, FINL, GVHR, JJZ, WLK, AEOS, MEOH, REXI, SNIC, THQI, HOS

Stocks to Watch

Here are some additional stocks.

Stocks to Watch Today

Stocks Trading Up In Pre-Market

PGIC, SYMC, AAPL, ELOS, NAPS, ISON, TZOO, SHLD, IIJI, RESP, ROYL, RMBS, ESLR, VDSI, PCLE, DSTI, ZOLL, EBAY, OCCF, ABXA, SSTI, and HEPH

Budd Foxx

End of Day Stock Screener Results 6/15

Long Candidates:

ADBE, AIRT, ALDA, ANTP, BEBE, BOOM, COO, CREE, CVS, DATA, DRTE, EBAY, FARO, GERN,
GOAM, HURC, IDCC, IPIX, JBHT, JUPM, MACE, MAGS, MAMA, PENN, TBUS, VEXP, VIAC
VLTR, XMSR and ZOLT.

Upgrades and Downgrades

Stocks recieving upgrades this morning include:
FLIR, ONXX, MWV, and SYMC

Stocks downgraded this morning include:
SYY, MNKD, KSS, E, CSAR, and PXLW

Budd Foxx

Morning News

  • Futures are up pointing to a higher open.

  • May Consumer Price Index today
  • April Business Inventories 8:30 am.
  • June NAHB Survey today at 1:00 pm.
  • May Industrial Production this morning at 9:15 am.
  • Also today will be the June NY Federal Manufactoring Survey.
  • OPEC holding meetings today production of oil to be raised by 500,000 barrels per day.
  • JP Morgan (JPM) to pay 2.2 billion to settle class action lawsuit for it's role in the ENRON investor fraud.
  • Crude Oil trading up nearly half a point to $55.50 per barrel.

Budd Foxx

Earnings

A few of the companies reporting today.

Bear Stearns (BSC)

Clarcor Inc. (CLC)

Comarco (CMRO)

Competitive Technologies (CTT)

Image Entertainment (DISK)

Lazard LTD (LAZ)

Tommy Hilfiger (TOM)

Budd Foxx

ERES

eResearch Techologies, Inc. appears to have broken out of a possible triangle formation and this could be a potential swing setup. MACD is starting to look bullish.

ERES CHART

Tuesday, June 14, 2005

AGU Blue Skies

Agrium, Inc. made a new all-time high today on above average volume and is in blue skies territory. This one is a possible swing setup so keep it on the radar.

AGU CHART

SBAC

SBA Communications Corp. a stock we recently profiled as having a triangle formation on the chart has broken out and the MACD on a daily chart is bullish. Continue to keep this stock on your watchlist.

SBAC CHART

Most Advanced In After Hours

LGTY, PRAI, INOP, EWST, DRRX, GEMS, INGN, AFFM, LTON, and OPTV

Budd Foxx

QTWW

Quantum Fuel Systems has a lot of momentum so keep it on the trading radar in the last half hour of trading and in after hours.

BLUD is a possible Short Candidate

Immucor, Inc. is looking like a possible short setup as the stock is slicing through the 50 dma. Key areas of support are at 30 per share, 27.50 per share and the 200 dma. Notice the high volume on this selloff.

BLUD CHART

EEEI

Electro Energy Inc. FL is looking like a classic reversal setup here as the stock tries to work it's way back to the 200 dma. Keep it on the radar this week. MACD on a daily chart is bullish.

EEEI CHART

UTEK

Ultratech has a very good tone to it today and the stock is trading up on above average volume.

UTEK CHART

SECTORS

The Retailers (RTH) and Pharmaceuticals (PPH) appear to be strong today.

NGPS and ANTP

Both of these stocks have a good tone to them today so keep them on your watchlist.

TZOO

Travel Zoo, Inc. just made a new intraday high so keep it on the radar.

SWN

Southwestern Energy Co just made a new intraday high so keep it on the radar today.

XXIA

This stock is acting well in early trading so keep it on your watchlist today.

AMLN and ESLR

Both of these stocks have a good tone in early trading so keep them on the radar today.

BBY

Best Buy Co Inc is trading up on good earnings so keep it on the radar.

DSTI and ROYL

Both of these stocks are acting well in early trading so keep them on the radar today

Bottom Fishing Pick VTIV

Venitiv Health, Inc. looks like the selling is a bit overdone. This stock is currently oversold so keep it on the radar for a possible reversal setup.

VTIV CHART

Stocks Trading Up In Pre-Market

TCF, BOBJ, QSII, ROYL, GIGM, AMLN, CNCT, EYET, SNTS, IUSA, NYER, XIDE, DIOD, DSTI, ASTM, STEM, PEET, NAK, INFY, SDIX, ESLR, ENER, EXEL, FCPO, and IACI

Budd Foxx

End of Day Stock Screener Results 06/14

Long Candidates:

ALDA, ASTM, ATYT, BCRX, BEBE, BOOT, CREE, CMGI, CYD, DDDC, ELOS, GERN, HURN, HLIT, HOTT, INCX, INSP, IPIX, IVAN, MAHI, MDRX, PACT, PENN, RITA, RHAT, STEM, TARR,VCLK, VEXP, VIAC, WGAT, XMSR, XRTX and ZOLT.

Upgrades and Downgrades

Stocks recieving upgrades include:
ASML, LNC, OEH

Stocks downgraded today include:
AGY, STT, EW, CCCG

Budd Foxx

Morning News

  • Futures are up pointing to a higher open.
  • May Retail Sales Report today.
  • May Producer Price Index also out this morning
  • Boeing (BA) wins two more contracts for roughly 40 of it's aircraft deals worth 3.9 billion dollars.
  • Hewlitt Packard (HPQ) to seperate it's PC and printer units.
  • Oil: the price of a barrel of oil spiked up yesterday and has pulled back just slightly holding just over $55.00 per barrel.
  • Gold: has also pulled back from yesterday currently just over $428.00 an ounce
Budd Foxx

Earnings

Here are just a few of the companies reporting today.
  • Atari Inc. (ATAR)
  • Best Buy Company Inc. (BBY)
  • Coffee Holding Company Inc. (JVA)
  • Intermix Media Inc. (MIX)
  • Lehman Bros. Holdings Inc. (LEH)
  • Pier 1 Imports Inc. (PIR)
  • Somanetics Corp. (SMTS)
  • Valence Technology (VLNC)
  • Vermont Pure Holdings LTD (VPS)
Budd Foxx

Monday, June 13, 2005

SIRI

Sirius Satellite Radio, Inc. appears to have broken out of a possible cup with a handle on above average volume. The MACD on a daily chart is starting too look bullish so keep this one on the radar for the rest of the week.

SIRI CHART

CONN

Conn's Inc. Trader Mike pointed this stock out to me earlier in the day and it certainly had the momentum. This one looks like it broke out of a possible cup with a handle on a daily chart. Keep it on the radar for the rest of the week.

CONN CHART

SPR

Sierra Pacific is golden stock picks free swing setup for Tuesday.

SPR CHART

After Hours Most Advanced

MNKD, CASY, CTIC, QSII, BOFI, SCMR, SIRI and NXTL

SWN

Southwestern Energy Co has a very good tone to it today and could be a momentum play.

SWN CHART

GEOI and ABLE

Crude Oil is trading up and volume has picked up in both of these stocks so keep them on the radar this afternoon.

AMLN

Amylin Pharmaceuticals has a good tone and is a possible reversal setup. The MACD on a weekly chart looks bullish. Could be a momentum play if it closes strong today.

AMLN CHART

VPHM

Viropharma Inc. is acting well today so keep it on your trading radar this week.

VPHM CHART

ELOS

Synerion Medical LTD is really rippin here so keep it on the radar this afternoon.

NFLX

Netflix Inc. just made a new intraday high so keep it on your watchlist.

RADS

Radiant Systems Inc just made a new intraday high so put it on the radar.

MCEL

Millenium Cell has a good tone and just made a new intraday high so keep it on the radar.

TAGS

Tarrant Apparel Group has a good tone and just made new intraday high so keep it on the radar today.

IIJI

Internet Initiative Japan, Inc. continues to rip so keep it on the radar.

TIE and ELOS

Keep an eye on these stocks today as they have a good tone in early trading.

NETL and PWAV

Both of these stocks are acting well in early trading so keep them on your watchlist today.

DSTI

Daystar Technolgies is acting well in early trading so keep it on the radar today.

TRADER MIKE'S STOCK BLOG

Day-trader oriented. Daily stock watchlist includes Briefing.com's Potential Day Trades. Then, as the day goes on, Mike (a short-term swing trader with a degree from Stanford and a background in information systems) does a bit of analysis into how the market's trading and why. He also posts annotated stock charts, with moving averages, support and resistance, bollinger bands and plain English explanations.

If you have a chart request Mike is happy to give his expert opinion. Mike's blog has been featured in Barron's and is also featured in Forbes best of the web. I personally feel that Mike is one of the best in the business when it comes to technical analysis and I highly recommend reading his blog on a daily basis for an additional source of information.

TRADER MIKE's STOCK BLOG

Stocks Trading Up In Pre-Market

BDCO, TASR, IIJI, BOOM, SNHY, IPII, PWAV, CTIC, GW, SOSA, COI, MCEL, MPET, FUEL, AMLN, ECST, GIGM, EFJI, DFIB, SDIX, VVUS, VEXP, VITX, AAPL, ALVR, ANGO, OMNI, and SIRI

Budd Foxx

End of Day Stock Screener Results 06/13

Long Candidates:

ANIK, ASFI, ASTM, BEBE, CELG, CYD, DATA, DDDC, ELOS, ESMC, FILE, HURC, INSP, ISON,
IVAN, ISSC, JOBS, PACT, PAL, PENN, SNDK, TASR, TEAM, UFPT, VCLK, WGAT, WLB, XMSR and XRTX.

Upgrades and Downgrades

Stocks recieving upgrades this morning include:
AFL, BLUD, HIW

Stocks recieving downgrades include:
WEN, PNRA, MNKD, MRK

Budd Foxx

Morning News

  • Futures are down pointing to a lower open.
  • $4.6 billion dollar contract for Boeing (BA) From Qatar Airways orders.
  • Mad Cow disease reported here in the States has not been confirmed at this point but should be followed.
  • Affiliated Computer Services (ACS) wins a 7 year 610 million dollar contract with Walt Disney.
  • Morgan Stanley to fire CEO Purcell will remain in place until replacement is found.
  • Oil is trading at $ 53.37 per barrel. Reports are out that tropical storm Arlene had no affect on production in the Gulf of Mexico.
  • Gold trading just over $428.00 per ounce.
Budd Foxx

Sunday, June 12, 2005

10 Interesting Charts

Here are 10 stocks with good looking charts.

Ten Interesting Charts

NUVA

NuVasive, Inc. has a good looking chart as the MACD is looking bullish on a daily chart. The stock traded up on good volume this past Friday.

NUVA CHART

ORCT

Orckit Communications, Ltd. the MACD on a weekly chart is looking bullish as the fast line is crossing the slow line. This is a possible swing setup this week.

ORCT CHART

IPG

Interpublic is the trader hr weekly swing setup for Monday

IPG CHART

XXIA

Ixia this stock has a possible flag on the chart so keep it on the trading radar this coming week.

XXIA CHART

DRI

Darden Restaurants, Inc. is golden stock picks free swing setup for Monday.

DRI CHART

IRIS

IRIS International Inc. this stock has closed in the red for 8 straight days and is close to being in oversold territory. The pullback has been on lower volume and we are seeing a possible triangle, flag/pennant formation on the chart which could indicate a continuation pattern. Keep this stock on your radar this coming week.

IRIS CHART

Saturday, June 11, 2005

Why is the Closing Price Significant?

We ran this article from Jon Tait the Fickle Trader a few weeks ago but thought it was worth repeating with some examples. The other day DSTI had momentum and we said if the stock closes strong it could be a momentum play. If you bought DSTI toward the close and sold it out in the first hour of trading you would of profited. BDCO had momentum the other day as well and closed strong. If you had bought at the close and sold out the next day in pre-market you would of profited. We call a stock closing strong a momentum play.

Think of Selling Everything Before the Close? Don't Pull the Trigger!

The Myth of a Stock Price

I am often asked for stock recommendations by my readers, family members and close friends. About a month ago an acquaintance said he had 30K to invest and wanted at least three stock recommendations as he planned to invest 10K in each one. I gave him DNA, HANS and CAT. A few days later he calls me back and says, "these are too high priced for me and I won’t be able to make any money on these high priced stocks. I can’t get any leverage." Myth!

First of all when you trade I recommend a dollar amount over a share amount. Instead of 100, 500 or 1000 shares use a set dollar amount like 5K, 7K or 10K that you plan to invest in each stock. In the above example we will use 10K for each stock.

  • If you buy 10K worth of ANTP at 20 and the stock goes up 20% you make $2000
  • If you buy 10K worth of SHLD at 100 and the stock goes up 20% you make $2000


In general we cover lower priced stocks but don’t get caught up in the myth that you can’t make money trading higher priced stocks. SHLD went from a low of $84.51 back in January to a high of $158.90 in June. That is an 88% gain in about 6 months.













Friday, June 10, 2005

TIE

Titanium Metals is acting very well today and could be a momentum play if the stock closes strong today.

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

NFLX

Netflix Inc. volume has picked up and the stock has a good tone to it today so keep it on the radar in the last few hours of trading today. MACD on a daily chart is looking bullish as the fast line is about to cross the slow line indicating a buy.

NFLX CHART

Gold and Silver Stocks

The gold and silver group seems to be improving as August Gold futures are trading up 3 dollars today. A lot of the charts are improving in the group so keep these stocks on your radar.

Gold and Silver Stocks

IIJI

Internet Initiative Japan Inc. has a lot of momentum today so continue to keep it on your radar.

IIJI CHART

NAV

Navistar International Corp a stock we mentioned the other day has a very good tone today.

NAV CHART

GRU

GuruNet is acting well today so put it on your watchlist.

FORD

Forward Industries, Inc just made a new intraday high so keep it on the trading radar today.

FORD CHART

MCEL

Millennium Cell Inc is acting well today so put it on your trading radar.

MCEL CHART

FUEL

Streicher Mobile Fueling Inc is flying high this morning so keep an eye on it today.

GEOI

Georesources Inc. just made a new intraday high so once again put it on your radar.

DSTIZ

Daystar Technologies has a very good tone in early trading so keep an eye on it today.

GM

General Motors Corp has a lot of momentum in early trading so keep it on your watchlist today.

NGPS

Novatel Inc. has a good tone to it in early trading so keep it on the trading radar today.

BOOM

This stock just made a new intraday high so keep it on the radar today.

DSTI

We are seeing a lot of action in this stock in early trading so keep it on the radar today

UBET

YOUBET.COM is trading up slightly in pre-market so keep it on your watchlist today. My end of day stock screener kicked this stock out a few days in row as a long candidate.

UBET CHART

WEBX

WebEx Communications, Inc. acted very well yesterday so keep it on the radar today.

WEBX CHART

U.S. trade gap widens in April

The U.S. trade gap widened in April despite record exports, the Commerce Dept. reported this morning.

U.S. trade gaps widens

Stocks Trading Up In Pre-Market

UBET, REXMY, TIBX, GOOG, TCF, GEOI, ALTI, BEAS, VSEA, RIMM, SCSS, IPII, SNSA, OPMR, FUEL, BOOM, SYNA, CRXL, PARL, ANTP, SCUR, ROYL, USEG, SCSS, INGN, QTWW, PRFT, ARHMY, ENTU, and BDCO

Budd Foxx

Downgraded

Stocks recieving downgrades this morning include:

CDWC, RCI, WFMI, ILMN, and SI

Budd Foxx

Morning News

  • Futures are flat look to a slightly higher open.
  • April International Trade numbers out this morning at 8:30 am.
  • May Import Prices also to be released this morning at 8:30 am.
  • May Federal Budget also due out today.
  • Eli Lilly (LLY) agrees to pay 690 million dollars to settle Zyprexa claims.
  • Reports are out that Toyota Motor Corp. (TM) plans to bump up the price on the cars they sell here in the U.S by 2 to 3 percent this fall.
  • Piper Jaffray ups price target on Intel Corp. (INTC) to $32.00 a share up from $30.00
  • JP Morgan adds Dupont (DD) to it's focus list with a target price of $55.00 per share over the next 12 months
  • Oil trading at $54.00 per barrel.
  • Gold still around $425.00 mark.

Budd Foxx

Thursday, June 09, 2005

SM

St. Mary Land is golden stock picks free swing setup for Friday.

SM CHART

Most Advanced Stocks In After Hours Trading

SPIR, PSMT, PTMK, SBSA, ROIA, CEDC, CATS, AEHR, DESC, and SSAG

Budd Foxx

Crude Oil

The price of a barrel of oil spiked up $1.74 today to over $54.25 per barrel due to concerns of tropical storm Arlene which is forcasted to enter the Gulf of Mexico this weekend. Reports are out that Chevron Corporation (CVX) has already begun pulling employees out of the area.

Budd Foxx

INTC

Intel Corporation delivering the companies mid quarter update this evening having announced the company expects stronger revenues and higher profit margins. Intel Corp now expects 9.1 to 9.3 billion in revenue prior expectations were 8.6 to 9.2 billion.

Budd Foxx

BDCO

BDCO has caught on fire here so keep it on the radar in the last hour of trading.

GEOI

Georesources Inc is really starting to heat up.

DSTI

Daystar Technologies, Inc. is acting very well today and could be a momentum play if the stock closes strong today.

ECST

ECOST.COM, INC. has a very good tone so keep it on the radar this afternoon.

APPL

Apple Computer, Inc. has a good tone to it today so put this stock back on your watchlist. My end of day stock screener also kicked APPL out this morning as a long candidate.

ELN

ELAN CORP just made a new intraday high so keep an eye on it especially after 1pm today.

DNA

Genentech Inc. is acting very well today so put this stock on your watchlist.

CAT

Catepillar Inc. is acting very well today so keep it on the radar. The stock just made a new intraday high.

Economy on `Firm Footing,' Rates May Still Rise

(Bloomberg) -- The U.S. economy is still growing at a decent clip and the Federal Reserve can keep raising interest rates at a ``measured'' pace, Fed Chairman Alan Greenspan said.

GEOI

We are seeing a lot of early action in this stock so keep it on the radar today.

Caution ahead of Greenspan

NEW YORK (MarketWatch) - U.S. stocks were expected to open slightly lower Thursday morning as investors stick to the sidelines ahead of Congressional testimony from Federal Reserve Chairman Alan Greenspan and a mid-quarter update from Intel Corp.

Navistar profit up, raises 2005 forecast

Navistar profit up, rasies 2005 forecast

NAV CHART

RMKR

We are hearing Peter Lynch took a 7% stake in the company.

RMKR CHART

Stocks Trading Up In Pre-Market

SBUX, INTC, GOOG, EYET, IPII, COOL, ALTI, TIVO, CNR, ADTN, YHOO, BIIB, CEDC, TSRA, NIKU, BOOM, MCZ, SNIC, CTRP, MDY, GEOI, WPCS, SEBL, FDRY, SEPR, ADSK, COI, LWSN, ISIS, NITE, and BDCO

Budd Foxx

End of Day Stock Screener Results 06/09

Long Candidates:

AAPL, ADBE, AIRT, ATRM, CREAF, CRED, EDGR, EVOL, FARO, GIGA, IMOS, LSCP, NTMD,
NVEC, OSTK, PTIX, SMXC, SNDK, SUNW, VLNC and VTIV.

Upgrades and Downgrades

Upgraded this morning: EAT, FPL
Downgraded today: XLNX, IUSA, LPX, CBSH

Budd Foxx

Morning News

Futures are down pointing to a weaker open.
Weekly Jobless claims today.
Alan Greenspan to speak about economic outlook before congress today at 10am.
Merrill Lynch raises it's 2006 revenue estimates for Google Inc. (GOOG) to $5.2 billion from $5.1 billion based on advertising growth.
Securities and Exchange Commission probing Molson Coors Brewing (TAP) regarding the Feb. merger as well as the companies first quarter financials.
Opec president and cartel to consider raising output production for the third quarter.
Oil $53.00 per barrel.
Gold down near $425.00

Budd Foxx

Earnings

A list of a few companies reporting today.
Cascade Corp. (CAE)
Catalyst Semiconductor (CATS)
CRA International (CRAI)
Enzo Biochem (ENZ)
Lakeland Industries (LAKE)
Logility (LGTY)
National Semiconductor (NSM)
Navistar International (NAV)
Nobility Homes (NOBH)
Rentrak Corp. (RENT)
Shuffle Master Inc. (SHFL)
Toys R Us (TOY)
Vail Resorts (MTN)

Budd Foxx

Crossed Above 200 dma today

Moving averages quickly show whether a stock is trending higher or lower. This screen finds stocks that crossed above their 200-day moving average today -- a bullish sign.

Crossed Above 200 dma

UTR

Unitrin, Inc. is golden stock picks free swing setup for Thursday.

UTR CHART

Wednesday, June 08, 2005

Alchemy talks about entering stop losses

"Whenever I enter a position, I have a predetermined stop. That is the only way I can sleep. I know where I'm getting out before I get in. The position size on a trade is determined by the stop, and the stop is determined on a technical basis." ---- Bruce Kovner

How I set position size, position stops

Bill Cara Stock Blog

Bill Cara Capital Markets & Social Equity perspective and discussion gives his modified Gordon Gekko speech for the new era. A good read from Bill Cara the "Trader Wizard."

"Value-Add is Good" with apologies to Gordon Gekko

Most Advanced After Hours

PWEI, WPTE, JRJC, TSRA, SRDX, ZIXI, MIND, QLTI, COBZ and SAPE

FORD pulling back on low volume

Forward Industries, Inc. has pulled back over the past few days on low volume. The stock is working off the overbought condition. If the stock continues to pullback on lower volume in the coming days this could be a buying opportunity.

FORD CHART

TZOO

Travel Zoo, Inc. volume is starting to pickup so keep it on the radar in the last hour of trading.

RMKR

Rainmaker Systems, Inc. this is a penny stock on the Nasdaq that is a possible reversal candidate.
MACD is bullish as the fast line has crossed over the slow line.

RMKR CHART

BOOM Pulling Back on Low Volume

Dynamic Materials Corp today is pulling back on low volume. The next ideal entry point to go long would be at the bottom of the channel or the 50 dma if the stock gets support in those areas.

BOOM CHART

SECTORS

The Banks (RKH), Oil (OIH), Energy (XLE), Semiconductors (SMH), and Utilities (UTH) appear to be strong today.

NSI

Nutrisystem. Inc. we have mentioned this stock many times. The stock continues to act well so once again keep it on the radar.

ABLE

ABLE Energy Inc. just went green so keep it on the radar today.

BDCO and FUEL

We are seeing a lot of action in both of these stocks so keep them on the radar.

Crude Oil Trading Up

Crude Oil just went over 55 per barrel because inventories are down. Put the OIH and XLE on the radar.

GEOI

Georesorces Inc. we are starting to see a lot of action in this stock so keep it on the radar. The XLE and the OIH has gone green.

PTG

Paragon Technologies Inc. is acting very well today and is up on above average volume. MACD is looking bullish as the fast line is about to cross the slow line on a daily chart. Put this stock on your trading radar.

PTG CHART

IVX

Once again this stock is acting very well early in trading today, keep it on your trading radar.

Budd Foxx

TIVO

TIVO, Inc is acting very well in early trading so keep it on your watchlist today.

IMCL

Imclone Systems Inc. has a lot of momemtum in early trading so keep it on the radar today.

CREE

CREE, Inc is in the semiconductor sector so keep an eye on it today as it could rally with Texas Instruments.

CREE CHART

Semiconductors

With Texas Instruments raising forward guidance I would keep an eye on the semiconductor sector(SMH) today.

End of Day Stock Screener Results 06/08

Long Candidates:

ADSX, BCRX, CREAF, EDGR, ESMC, GIGA, ISSC, LSCP, NAVR, NWRE, RATE, SMHG, SMXC, SUNW, TACT, TTC, UBET, USG, VIP, WITS, WLP, WPSC and ZICA

Stocks Trading Up In Pre- Market

CREE, CSCO, IMCL, GOOG, ISON, CMTL, TIVO, MLMN, SWIR, GIGM, INGP, DIA, VISGE, EBAY, INTC, ECST, KLAC, ASML, FRED, CGEN, BOOM, MPET, YHOO, COOL, OVTI, ANTP, CREE, LJPC, and IIJI

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning UMC, CAT, VISGE, FTE, STM
Stocks recieving downgrades LSTR, RE, TXN

Budd Foxx

Morning News

Futures are up pointing to a higher open this morning.
April Wholesale Trade numbers out today at 10 am.
Cisco Systems wins patent infringement lawsuit brought on by Storage Technologies (STK) avoiding a 3 billion dollar payout.
Texas Instruments Inc. (TXN) raises it's second quarter earnings forcast.
Piper Jaffray raises price target on Advanced Medical Optics (EYE)to $44.00 a share.
Furniture Brands (FBN) to close down 4 manufactoring plants which will cut over 1,200 jobs by September or October.
Oil $53.25 per barrel.
Gold $427.00 per ounce.

Budd Foxx

DTG

Dollar Thrifty Auto is golden stock picks free swing setup for Wednesday.

DTG CHART

Tuesday, June 07, 2005

FC

Franklin Covey Co. a stock on this year's winners list has been doing very well lately and caught my eye. Keep it on the radar.

FC CHART

This Year's Winners

Here are the top stocks year to date so far.

This Year's Winners

NTE

Nam Tai Electronics Inc appears to be breaking out of a 4-5 week base today. Could be a swing setup.

NTE CHART

ENDP

Endo Pharmaceuticals Holdings Inc. has a lot of momentum so keep it on the radar this afternoon.

ELN

ELAN Corp just made a new intraday high so keep it on the radar after 1pm today.

ELN CHART

CKCM

Click Commerce Inc. has a very good tone to it today and could be momentum if the stock closes strong.

CKCM CHART

IVX

A stock we have mentioned numerous times continues to act well and could be taking off here keep it on your trading radar.

Budd Foxx

KOMG

This stock has been acting very well recently keep it on your trading radar.

Budd Foxx

Nasdaq 2100 is Resistance

Taking out 2100 would be a very good sign that the bulls are in control.

Nasdaq CHART

ADSK Blue Skies

Autodesk, Inc. has broken all resistance and is now in blue skies territory.

ADSK CHART

TCF

Turbo Chef Technologies, Inc. is acting very well today as it works it's way back to the 200 dma.

TCF CHART

VEXP

Velocity Express Corp has a good tone in early trading so keep it on the radar.

TAGS

Tarrant Apparel Group lots of action in this stock in early trading this morning so keep it on your trading radar today.

DCAI

Dialysis Corp of America is acting well in early trading so keep your eye on it today.

NSI

Nutrisystem Inc. has a very good tone in early trading so keep it on your watchlist today.

ANTP

Phazar Corp lots of action right out of the gate so keep it on the radar today.

HLIT

Harmonic, Inc. is trading up 5-6% in pre-market this morning. For those that like bottom fishing this is your opportunity.

HLIT CHART

CHINA

China dot Com Corp is trading up nearly 10% in pre-market so keep it on the trading radar today.

CHINA CHART

End of Day Stock Screener Results 6/07

Long Candidates:

ADSX, ALTI, CKCM, FARO, FLOW, HRH, IIG, ISSC, ISWI, JBHT, JCS, KOPN, MFLX, PETM,
QMED, SERO, SLXP, TDSC, UBET, USG, VASC, VDSI, VIP and WLP.

Stocks Trading Up In Pre-Market

GOOG, ECST, RNOW, CELG, ADBL, BOOM, TASR, EBAY, IPII, RIMM, IIJI, FORD, ROYL, HLIT, CHINA, TCF, NGPS, SORC, YHOO, SMSC, XMSR, KOMG, NGPS, ISON, AAPL, BCGI, NSI, and LVLT

Budd Foxx

Upgrades and Downgrades

Stocks recieving upgrades this morning WFT, PII, ATI, CWP
Stocks downgraded this morning AFL, TTN, ABX

Budd Foxx

Morning News

Futures are inching higher pointing to a slightly higher open.
April Consumer Credit Report out this afternoon 3pm.
E.W. Scripps (SSP) to purchase shopzilla.com for 525 million.
General Motors (GM) holding sharholder meeting today.
XM Satellite Radio (XMSR) to announce partnership deal with Audible.com
JP Morgan raises price target on MGM Mirage (MGM) to $50.00 a share from $43.50 per share.
Oil is holding at $54.00 per barrel.
Gold trading at $428.00 per ounce.

Budd Foxx

Earnings

A few of the companies reporting today.
ABM Industries (ABM)
Albertson's (ABS)
American Woodmark Corp. (AMWD)
Analogic Corp. (ALOG)
Columbus McKinnon (CMCO)
Dave & Buster's (DAB)
La-Z-Boy Inc. (LZB)
Piedmont Natural Gas (PNY)
Spartech (SEH)
The Cooper Companies Inc. (COO)
Volt Information Sciences (VOL)

Budd Foxx

ERS

Empire Resources, Inc. good above average volume breakout on Monday so keep this stock on your watchlist for the rest of the week.

ERS CHART

Monday, June 06, 2005

NETL Blue Skies

NetLogic Microsystems, Inc. broke all resistance today and is now in blue skies territory so keep it on the radar.

NETL CHART

SBAC Triangle Formation

SBA Communications Corp has a possible triangle formation on the chart.

SBAC CHART

TIWI Flat Base

Telesystem Intl Wireless, Inc. has a beautiful flat base on the chart. One stategy is to set a buy stop so you don't miss the breakout.

TIWI CHART

6 Interesting Charts

Here are some interesting charts.

6 Interesting Charts

AGO

Assured Guaranty is golden stock picks free swing setup for Tuesday.

AGO CHART

SORC 1Q Profit Soars

Source Interlink reported good earnings and the stock is trading up 1.34 in after hours.

ECST

E-Cost Com, Inc. this stock traded up about 38% on the day. It is up another 5% in after hours and could have continued momentum on Tuesday so keep it on the radar.

ECST CHART
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