Saturday, July 30, 2005
ECOL
ECOL CHART
Morning Gap Management
Gaps reveal shifts in crowd sentiment through single price bars. They can print anywhere within a pattern or trend, but they tend to occur in several common scenarios. Each type of gap generates unique characteristics related to persistence, response during retracements and impact on price movement.
Morning Gap Management
The Failed Trade
The Failed Trade
Friday, July 29, 2005
OPMR
XWG
FORD
DCEL
Budd Foxx
RADS
JOYG
ASTM, STEM and GERN
RNAI
Stocks Trading Up In Pre-Market
Budd Foxx
GDP REPORT
Budd Foxx
Upgrades and Downgrades
MON, DD, ADBE, RADS, and BOBJ
Stocks downgraded include:
MGM, MOT, BWA, NUVA, SYNA, SFA, OSIP, and BP
Budd Foxx
Morning News
- Futures are up slightly, could see a higher open.
- Quarter 2 Advanced Real GDP Report this morning.
- Quarter 2 Employee Cost Index 8:30 am.
- July Agricultural Prices this afternoon.
- July Chicago PMI 8:30 am.
- News Corp. has announced that Lachlan Murdock will resign from the company.
- Plenty of speculation in the CNOOC and Unocal deal. The latest being reported is CNOOC will drop it's offer for Unocal (UCL) as early as next week.
- Crude oil is back above $60.00 per barrel. Being Friday we could see that move higher before the weekend. Currently $60.35 per barrel.
- Gold is currently just above $433.00 per ounce.
Earnings
Anadarko Petroleum Corp. (APC)
Baker Hughes Inc. (BHI)
Buckeye Partners (BPL)
Chevron (CVX)
Constellation Energy Group Inc. (CEG)
Idexx Laboratories (IDXX)
ITT Industries (ITT)
Lear Corp. (LEA)
Moogy's Corp. (MCO)
Peoples Energy Corp. (PGL)
Unocal (UCL)
Budd Foxx
Closed Above the 50 dma Today
Thursday, July 28, 2005
MSTR
Budd Foxx
ITWO
Budd Foxx
Stocks Trading Up In After Hours.
Budd Foxx
BOBJ
Budd Foxx
WFMI
Budd Foxx
COI
FOXH
DVA
TDY
NGPS
ABLE
Budd Foxx
Stocks Trading Up In Pre-Market
Budd Foxx
XMSR
Budd Foxx
ELN Reports in-line
ELN CC
RRI
Trader HR
Upgrades and Downgrades
MXO, and FHRX
Downgraded this morning include:
DTPI, SUP, and BUD
Budd Foxx
Morning News
- Futures are up slightly could see a higher open today.
- Weekly Jobless Claims report out today.
- Beazer Homes (BZH) crushes the street and raises profit outlook for '2005.
- Johnson & Johnson (JNJ) to sponsor '2008 olympic games in Beiging.
- Micheal Jordan to sue MCI (MCIP) for $8 million over endorsement deal.
- CitiGroup Smith Barney has cut Anheuser Busch (BUD) to sell following not so good earnings report.
- Oil is currently $59.35 per barrel.
- Gold remains higher currently just over $431.00 per ounce.
Earnings
Alaska Communications Systems Group (ALSK)
Bristol - Meyers Squibb (BMY)
California Pizza Kitchen (CPKI)
Celgene Corp. (CELG)
Cinergy Corp. (CIN)
Duetshe Bank (DB)
Elan Corp. plc. (ELN)
ExxonMobile Corp. (XOM)
Georgia Pacific (GP)
Glaxo Smith Kline (GSK)
Magal Security Systems (MAGS)
Nanometrics (NANO)
NuVasive Inc.(NUVA)
Progress Energy (PGN)
Raytheon (RTN)
XM Satellite Radio (XMSR)
Yellow Roadway Corp. (YELL)
Budd Foxx
Wednesday, July 27, 2005
MCEL
ALTI
GYMB
GYMB CHART
One-Week High Volume Gainers
Beige Book Paints Pretty Picture
"Reports from all 12 Federal Reserve districts indicate that economic activity continued to expand in June and early July," the Fed noted. Most regions saw improving retail sales, "moderate to solid" expansions in manufacturing, and good demand for loans, the report said.
CERS
CERS CHART
GTRC
DXPE
BOOM
Budd Foxx
MECA
MECA CHART
XWG
XWG CHART
JVA
JVA CHART
AQNT
AQNT CHART
DESC
PPC
IRIS
IRIS CC and Earnings
MNTA
ELN
Future Young Millonaries on ELN
ILSE
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
ATSN, SUNW, AMZN, and NOK
Downgraded this morning include:
YDNT, INSP, C, AUDC, RE, N, and FHR
Budd Foxx
Morning News
- Futures are flat we may see a slightly higher open.
- Weekly oil inventories report out this morning 10:30 am.
- June New Home Sales report also today.
- June Durable Goods Report also to be released today.
- WellPoint Inc. (WLP) reported strong earnings and has lifted forcast for the year. The company reported second quarter net income of $559.4 million versus $237.9 million from the same time 1 year ago. Revenue up to $11.3 billion from $4.61 billion.
- General Motors Corp. (GM) will end it's employee price discount on August 1st. The company now will focus on lower prices and not large rebates.
- Watch those oil inventories today Crude oil is currently trading just over $59.00 per barrel.
- Gold is currently just over $428.00 per ounce.
Earnings
Aaron Rents Inc. (RNT)
Allergan (AGN)
AmeriGroup Corp. (AGP)
Anheuser - Busch Companies Inc. (BUD)
AVX Corp. (AVX)
Cabot (CBT)
Coca Cola Bottling (COKE)
First Energy (FE)
FoxHollow Technologies Inc. (FOXH)
Iris International Inc. (IRIS)
Komag Inc. (KOMG)
Liz Claiborne (LIZ)
Millenium Cell Inc. (MCEL)
Nutrisystem (NTRI)
Repligen Corp. (RGEN)
Sprint Corp. (FON)
Talx Corp. (TALX)
The Boeing Company (BA)
Budd Foxx
WAT
WAT CHART
Tuesday, July 26, 2005
Amazon profit, sales top estimates
Amazon.com (AMZN: news, chart, profile) said it earned $52 million, or 12 cents a share, down from $76 million, or 18 cents in the year-ago period but higher than the 10 cents a share analysts were expecting.
Sales rose to $1.75 billion from $1.39 billion, slightly topping the average Wall Street estimate of $1.7 billion.
DESC
SCLN
SPIR
Budd Foxx
SNMX
Budd Foxx
GIGA
Budd Foxx
ONNN
Budd Foxx
RNAI
Budd Foxx
CKCM
Budd Foxx
The Visual Trader
The Visual Trader
CMCO
FORD
IPII
XWG
IMX
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
NFLX, JCOM, and FLSH
Downgraded this morning include:
BAB, DCN, FMC, and BOH
Budd Foxx
Morning News
- Futures are up pointing to a higher open.
- July Consumer Confidence this morning at 10 am.
- Fortune Brands(FO) closes deal to acquire up to 20 beverage units.
- Target (TGT) sees July same store sales at upper end of forcast, the company is looking for a 4% - 6% increase.
- BP plc released strong oil and gas prices boosted profits by 29%, and the company plans to buy back nearly $6 billion in stock.
- Space Shuttle is scheduled for liftoff this morning at 10:30 am. This will be the first shuttle launch since Feb. 2003
- Crude oil is currently just over $59.00 per barrel.
- Gold has pulled back some currently $423.80 per ounce.
Earnings
7 - Eleven (SE)
Amazon.com Inc. (AMZN)
AVX Corp. (AVX)
Black & Decker Corp. (BDK)
Boyd Gaming (BYD)
Centex Corp. (CTX)
Dupont (DD)
Illumina Inc. (ILMN)
Imclone Systems Inc. (IMCL)
L - 3 Communications (LLL)
Legg Mason (LM)
Lockheed Martin (LMT)
Murphy Oil Corp. (MUR)
Southwestern Energy (SWN)
Sun Microsystems (SUNW)
United States Steel Corp. (X)
Valero Energy (VLO)
Verizon (VZ)
Budd Foxx
Monday, July 25, 2005
RACK
RACK CHART
Texas Instruments net rises 42%
Quarterly revenue was unchanged from a year earlier at $3.24 billion. Analysts polled by Thomson First Call had forecast earnings of 29 cents a share and revenue of $3.18 billion.
The world's third-biggest chip manufacturer also said it plans to boost its annual dividend by 20% to 12 cents a share, while its board approved a $2 billion stock-repurchase plan. The Dallas-based company has been an aggressive buyer of its stock this year.
RNAI
RNAI CHART
Netflix 2Q net nearly doubles
CAFE NEWS
GRU
VECO
LCAV
DESC
NFLX
ITWO
The Visual Trader
The Visual Trader
AMSC
XWG
RMKR
LSCP
TLGB
USU
WON
WON CHART
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
RDC, RYAN, and RGA
Stocks downgraded include:
SAP, and RIG
Budd Foxx
Morning News
- Futures are pointing to a lower open this morning.
- June Existing Home Sales Report due out this morning.
- Teva Pharmaceuticals (TEVA) reportedly in advanced talks with Ivax Corp (IVX).
- Prudential has raised price target on Home Depot to $53.00 from $50.00 per share.
- J.P. Morgan has cut Fortune Brands (FO) '05 and '06 earnings per share estimates.
- Merrill Lynch is lifting Google (GOOG) earnings per share targets for '05 and '06.
- Crude Oil is currently $58.32 per barrel.
- Gold is currently $424.90 per ounce.
Earnings
Ace Limited (ACE)
Altera Corp. (ALTR)
American Express Company (AXP)
BellSouth Corp. (BLS)
CNET Networks Inc. (CNET)
Energen (EGN)
JDA Software (JDAS)
LIFECELL Corp. (LIFC)
NetFlix (NFLX)
Rent -A- Center (RCII)
Texas Instruments (TXN)
Valero L.P. (VLI)
Xerox Corp. (XRX)
Budd Foxx
Sunday, July 24, 2005
Barchart Top 100 Stocks
Top 10:
NTRI, XWG, FORD, RIV, CTHR, GAP, PTC, DSTIZ, RURL, ENWV and HANS
Barchart Top 100
Saturday, July 23, 2005
What is a Momentum Play?
What is a Momentum Play?
UNCHARTED TERRITORY
Friday, July 22, 2005
HNP
CIPH
CAFE
Budd Foxx
Real-Time Ticker on Visual Trader
The Visual Trader
AAPL
Budd Foxx
XWG
ABLE, GEOI and MPET
MNTA
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
Yhoo, X, NUE, and EW
Downgraded this morning include:
RGA, DNDN, GILD, NOK, and TIVO
Budd Foxx
Morning News
- Futures are pointing to a lower open this morning.
- First Albany raises price target on Google Inc. (GOOG) to $363.oo from $283.00
- Merrill Lynch raising it's '2005 and '2006 estimates on Google Inc. (GOOG).
- More terror reports coming out of London. Reports are out that police have shot and killed a suspected terrorists outside of a sunbway station.
- Microsoft (MSFT) reported last night a quarterly profit increase of 38% Sales came in just shy of analysts estimates. The stock was trading lower in after hours trading last night.
- Crude oil at one point yesterday fell below $57.00 per barrel, but has gained some ground recently currently $57.65
- Gold has been moving up currently just over $426.00 per ounce.
Earnings
Amcol International (ACO)
American Pharmaceutical Partners Inc. (APPX)
Angio Dynamics (ANGO)
Cummins Inc. (CMI)
Fortune Brands (FO)
FPL Group (FPL)
Kimberley Clark (KMB)
Maytag (MYG)
Occidental Petroleum Corp. (OXY)
Schlumberger (SLB)
Silicon Laboratories Inc. (SLAB)
Sky West (SKYW)
Budd Foxx
Thursday, July 21, 2005
HNP
HNP CHART
Stocks Trading Up In After Hours
Budd Foxx
SUPX
Budd Foxx
GOOG
Budd Foxx
All Eyes on GOOGLE, Inc.
VLCM
GIGA
DSTI
Budd Foxx
The Visual Trader
The Visual Trader
IMX
Budd Foxx
IPII
IPII CHART
XWG
XWG CHART
MCEL
CKCM
CKCM CHART
EZPW
GOLD and SILVER
Budd Foxx
Making News
Budd Foxx
EBAY
CAFE and CAFEW
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
GD, and SWIR
Downgraded this morning include:
DCN, UNI, OMI, WERN, and WSTL
Budd Foxx
Morning News
- Futures are mixed pointing to a slightly higher open.
- Weekly Jobless Claims today.
- June Leading Indicators today as well.
- July Phili Fed Survey this morning also.
- Day Two for Allan Greenspan he will be before congress again today.
- Coca Cola (KO) beats the street with second quarter net profit up 9% and operating revenue up 7%.
- THE GIANT Google (GOOG) will be reporting after the close tonight. The question is can they continue to beat expectations?
- Crude oil is currently $57.40 per barrel.
- Gold has rebounded some currently just over $424.00 per ounce.
Earnings
BancFirst (BANF)
Barnes Group (B)
Callaway Golf (ELY)
Caterpillar Inc. (CAT)
Charles Schwab (SCH)
Citizens Banking (CBCF)
Dow Jones & Company Inc. (DJ)
Eli Lilly (LLY)
Google (GOOG)
Hyperion (HYSL)
Jet Blue Airways (JBLU)
Marine Max Inc (HZO)
Mcdonalds Corp (MCD)
Microsoft (MSFT)
Nextel Communications (NXTL)
The Coca Cola Company (KO)
Whirlpool Corp (WHR)
Budd Foxx
AIR
AIR CHART
Wednesday, July 20, 2005
EBay shares soar in late trading
HGSI
CAFE and CAFEW
ASTE
CKCM
XWG
XWG CHART
GEOI
Budd Foxx
RMKR
STJ
CUTR
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
WAT, SSP, UAG, AMGN, and ALK
Stocks downgraded include:
INTC, ERTS, CVC, AXL, and AMR
Budd Foxx
Morning News
- Futures are down look for a lower open this morning.
- Oil inventories will be released today usually around 10:30 am.
- Alan Greenspan begins his two day meetings with congress today.
- President Bush has chosen judge John G Roberts Jr. to replace Sandra Day O'connor.
- Chevron Corp. (CVX) has increased it's bid for Unical Corp. (UCL) new bid comes in around 17 billion dollars.
- Oil is up this morning currently just under $58.00 per barrel.
- Gold is also trading up a bit currently $421.00 per ounce
Earnings
Altria Group Inc. (MO)
21st Century Insurance (TW)
AT&T (T)
Capital One Financial Corp. (COF)
Choice Point Inc. (CPS)
Continental Airlines (CAL)
E*Trade Financial Corp. (ET)
eBAY (EBAY)
General Dynamics (GD)
General Motors Corp. (GM)
HoneyWell (HON)
J.P. Morgan Chase & Company (JPM)
Macromedia (MACR)
NBC Capital Corp. (NBY)
NVE Corp. (NVEC)
Pfizer (PFE)
Piper Jaffray (PJC)
Spartan Stores Inc. (SPTN)
Taser International Inc. (TASR)
Workstream (WSTM)
Wyeth (WYE)
Budd Foxx
Tuesday, July 19, 2005
CKCM
RDC
We are also hearing the stock is a possible takeover candidate.
RDC CHART
VITX
VITX CHART
NTRI
The Visual Trader
The Visual Trader
SCLN
Budd Foxx
TIE
TIE CHART
CUTR
CUTR CHART
XWG
XWG CHART
CAFE and CAFEW
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
IBM, PNCL, and DB
Downgraded include:
PSUN, TOO, CVC, and QLTI
Budd Foxx
Morning News
- Futures are up pointing to a higher open.
- June Housing Starts due out this am.
- Investors should learn more about the restructuring at Hewlett Packard this morning. Speculation is that 15,000 to 25,000 jobs could be cut.
- International Business Machines Corp.(IBM) reported strong earnings after the bell last night. Second quarter profits rose 5% from a year ago.The stock was very active in after hours trading.
- Boeing(BA) to release a new long range 737 aircraft.
- Crude oil is currently just over $57.00 per barrel.
- Gold is currently just under $420.00 per ounce.
Earnings
Adtran Inc.(ADTN)
American Home Mortgage Investment Corp. (AHM)
Amgen (AMGN)
BlackRock Inc.(BLK)
Boston Scientific Corp. (BSX)
Carlisle Companies (CSL)
Cognex (CGNX)
Ford Motor Company (F)
Forest Laboratories Inc. (FRX)
Intel Corp. (INTC)
Juniper Networks (JNPR)
Kraft Foods (KFT)
Lucent Technologies Inc. (LU)
Merrill Lynch (MER)
Motorola Inc. (MOT)
Novellus Systems Inc. (NVLS)
Radio Shack Inc. (RSH)
Wachovia Corp. (WB)
Yhoo Inc. (YHOO)
Budd Foxx
Monday, July 18, 2005
DESC
CAFE and CAFEW
DSTIZ and DSTIW
SPIR
DSTI
FORD
ELN
IPII
IPII CHART
ANDS Blue Skies
ANDS CHART
IIJI
IIJI CHART
VPHM
XWG
XWG CHART
SNHY
SNHY CHART
CAFE and CAFEW
ISSX
FORD
Budd Foxx
BOOM
CUTR
CUTR CHART
DCAI
CAFE
CAFE CHART
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
FTI
Downgrades include:
X, KLAC, PLAB, OXY, THC, MRO, HMA, and EAGL
Budd Foxx
Morning News
- Futures are weak look for a lower open this am.
- July NAHB survey today at 1pm.
- Alan Greenspan will be before congress this week with his most recent report.
- Whirlpool Corp. (WHR) to offer $1.33 billion for Maytag Corp. (MYG).
- Warner Bros (TWX) Charlie and The Chocolate Factory leads the way this weekend at the box office taking in $55.4 million.
- Latest Harry Potter book sells 6.9 million copies in first 24 hours.
- Hurricane Emily has forced Mexico to evacuate offshore platforms. The disruption could be as high as 480,000 barrels per day.
- Crude oil is currently just over $58.00 per barrel.
- Gold is slightly higher this morning currently $421.60 per ounce.
Earnings
3M Company (MMM)
Bank of America Corp (BAC)
Citigroup Inc. (C)
Eaton (ETN)
Exponent (EXPO)
First Charter Corp. (FCTR)
First Horizon National Corp. (FHN)
Hasbro Inc. (HAS)
International Business Machines (IBM)
Mattel (MAT)
Raymond James (RJF)
Steel Dynamics (STLD)
Swift Transportation (SWFT)
Budd Foxx
Sunday, July 17, 2005
Saturday, July 16, 2005
SCANNING FOR STOCKS
Technology offers instant access to all kinds of customized market scans. Whether you use an online service or roll your own with a stock database program, scanning provides an effective method to find the best plays the market has to offer.
Weekly Swing Trader Lesson
Swing Trader Lesson
Friday, July 15, 2005
SPF
SPF CHART
KOMG
ESMC
AAPL
EYET
ABLE, GEOI and MPET
KERX
CLWT
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
LGNDE, DRRA, and CLI
Downgraded this morning include:
MVSN, NLC, ACF, SBL, LEA, FITB, and VIBL
Budd Foxx
Morning News
- Futures are weak pointing to a slightly lower open.
- June Industrial Production numbers out today.
- June Producer Price Index also today.
- May Business Inventories also to be released today.
- General Electric (GE) reported second quarter earnings earlier this morning of 44 cents a share which was in line with expectations the company also saw a rise in revenue of 13%.
- J.B. Hunt reported second quarter earnings of $ 54.6 million or 33 cents a share which was up frome same time period 1 year ago. Analysts expectations called for 34 cents a share.
- Crude Oil has climbed back above $ 58.00 per barrel.
- Gold in a downward trend currently just over $ 420.00 per ounce.
Earnings
A.O. Smith Corp. (AOS)
Chum LTD (CHM.TO)
First Data (FDC)
First Niagra Financial Group Inc. (FNFG)
General Electric (GE)
Medtox Scientific Inc. (TOX)
National City (NCC)
Prosperity Bancshares (PRSP)
Regions Financial Corp (RF)
United Security Bancshares (UBFO)
W.W Grainger (GWW)
Budd Foxx
SFP
SFP CHART
TUTS
TUTS CHART
Thursday, July 14, 2005
Stocks Trading Up In After Hours
Budd Foxx
CTAS
Budd Foxx
CNVR
One Week High Volume Gainers
MNTA
PACT
PACT CHART
XNPT
XNPT CHART
IRIS
The Fickle Trader
AIRT
HANS
XWG
PLAY
AAPL
AAPL CHART
DCEL
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
PPD, GM, and VC
Downgraded early this morning include:
STRA, ASML, PRU, CSCO, BRW, and STR
Budd Foxx
Morning News
- Futures are up pointing to a higher open.
- June Retail Sales Report today at 8:30am.
- June Consumer Price Index this morning at 8:30am.
- Weekly Jobless Claims also this morning at 8:30am.
- Lehman Bros. has raised the price target on Google (GOOG) to $350.00 per share.
- Boeing (BA) wins contract with U.S. Navy contract worth up to 500 million dollars.
- XM Satellite Radio (XMSR) to pay $200 million for WCS Wireless.
- Crude Oil currently just below $60.00 per barrel.
- Gold is down a bit currently just under $424.00 per ounce.
Earnings
Amcore Financial (AMFI)
Baldor Electric (BEZ)
BucyRus International Inc. (BUCY)
Capital Corp. of the West (CCOW)
Cintas Corp. (CTAS)
Commerce Bancorp Inc. (CBH)
Courier Corp. (CRRC)
Fifth Third Bancorp. (FITB)
Genzyme Corp. (GENZ)
Hancock Holding Company (HBHC)
Knight Ridder (KRI)
Landstar System (LSTR)
Marriott International (MAR)
Polaris Industries Inc. (PII)
United Health Group Inc. (UNH)
Budd Foxx
Wednesday, July 13, 2005
AV
CREAF
Intraday High Volume Gainers
Intraday High Volume Gainers
TALK
CAFE
Budd Foxx
IIJI
TIE
SYMC
DSTI
BOOM
KNDL
KNDL CHART
CRUDE OIL
Budd Foxx
ILMN
DESC
DESC CHART
XWG
XWG CHART
CAFE
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
VOD, BAC, ATRS, SSP, BWLD, PLCM, STX, and SYMC
Stocks downgraded this morning include:
MOGA, ANT, IFLO, AMD, DJ, and WDC
Budd Foxx
Morning News
- Futures are flat pointing to a slightly lower open.
- June Federal Budget Report this afternoon.
- June Import Prices today.
- May International Trade numbers also today.
- Oil Inventories also to be released today probably around 10:30 am.
- Harley Davidson beats the street, but has also announced the SEC has launched an investigation into the companies April 13th statements.
- Space Shuttle is scheduled for lift off today around 3:50 this afternoon.
- Birner Dental Management Services Inc. (BDMS) has declared a 2for1 stock split.
- Crude Oil is still above $60.00 per barrel.
- Gold is trading slightly lower at just over $426.00 per ounce.
Earnings
AAR Corp. (AIR)
Abbott Laboratories (ABT)
Apple Computer Inc. (AAPL)
ASML Holdings NV (ASML)
BB&T Corp. (BBT)
Citybank Lynnwood Wa (CTBK)
Commerce Bancshares Inc. (CBSH)
Gannett (GCI)
Harbor Florida Bancshares (HARB)
Harley Davidson (HDI)
M.D.C Holdings (MDC)
Stolt Offshore S.A. (SOSA)
Wolverine World Wide Inc. (WWW)
Yum! Brands Inc. (YUM)
Budd Foxx
Tuesday, July 12, 2005
WGAT
SLW
Company Website:
http://www.silverwheaton.com
MATK
MATK CHART
NVEC
XWG
XWG CHART
NTRI
SHLD
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
FRX, PHCC, TMO, ENDP, and DKHR
Downgraded this morning include:
SIRI, DWA, PPP, FOXH, MOTV, CONN, SASR, and RX
Budd Foxx
Morning News
- Futures are flat pointing to a slightly higher open.
- KB Homes (KBH) To be sued by the Federal Trade Commission , also looking at a multimillion dollar fine. Problem deals with arbitration clauses in the companies warranties of home purchase agreements.
- Watch oil in the next few days with another storm forming. Emily will be the next named storm and is on a path very close to that of Dennis.
- Bear Stearns Inc.(BSC) Reports are out that the company may pay up to 200 million dollars or more to settle allegations that the company helped hedge funds trade improperly in mutual fund shares.
- PepsiCo (PEP) beats the street reporting early this morning.Earnings and revenue better than expected. 2nd quarter earnings were 70 cents per shared analysts were looking for 67 cents per share.Revenue was also up 9% to 7.7 billion analysts called for 7.56 billion.
- Crude is up slightly currently $59.40 per barrel.
- Gold is at just over $427.00 per ounce
Earnings
AMB Property Corp. (AMB)
Ameritrade Holding Corp. (AMTD)
Bank Of The Ozarks Inc. (OZRK)
Century Bancorp A (CNBKA)
Energy Transfer Partners (ETP)
Infosys Technologies LTD (INFY)
M&T Bank Corp. (MTB)
Marshall & Isley (MI)
Media General (MEG)
PepsiCo (PEP)
Resources Global Professionals (RECN)
Rocky Mountain Chocolate Factory (RMCF)
Budd Foxx
Monday, July 11, 2005
Stocks Trading Up In After Hours Trading
Budd Foxx
TALX
DNA
The world's second-largest biotechnology company said it now expects 2005 earnings growth, excluding items, of at least 35 percent over 2004 levels.
Genentech posted a second-quarter profit of $296.2 million, or 27 cents per share, compared with a profit of $170.8 million, or 16 cents, a year ago.
WLK
Budd Foxx
CKCM
Budd Foxx
DHOM
Budd Foxx
BEBE
NVEC
MACD looks bullish.
EGHT
EGHT CHART
SYMC
PARL
XWG
The Fickle Trader
STM
JMDT
FORD
FORD CHART
IPII
IPII CHART
DCAI
DCAI CHART
IIJI
SPIR
SIRI
SIRI CHART
DSTI
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
PG and MXIM
Downgraded early today.
ANSI and MCHP
Budd Foxx
KOMG
Budd Foxx
Morning News
- Futures are up pointing to a higher open this am.
- Average price for all grades of gasoline reaches record high of $2.33 per gallon.
- Nike (NKE) to begin using Kobe Bryant in it's ad campaign, Nike has not used his image since his arrest nearly 2 years ago.
- Hurricane Dennis has made it's way ashore in the Florida Panhandle, reports are out that Dennis did not have a major impact on oil platforms in the Gulf of Mexico.
- Pilgrims Pride (PPC) raises guidance for 3rd quarter to $1.17 to $1.22 per share previous estimates called for .81 cents to $1.00 per share.
- United Airlines calls back nearly 600 flight attendants with plans to call back more this fall.
- Morgan Stanley's Co-President Stephen Crawford to resign as early as today.
- Crude oil is down currently $58.50 per barrel.
- Gold currently just over $425.00 per ounce.
Budd Foxx
Earnings
Audiovox Corp. (VOXX)
Eagle Broadband Inc. (EAG)
Genentech Inc. (DNA)
Helen Of Troy LTD (HELE)
Horizon Health Corp. (HORC)
Posco (PKX)
Smart & Final Inc. (SMF)
Stolt-Nielson S.A. (SNSA)
Universal Forest Productions Inc. (UFPI)
Budd Foxx
Sunday, July 10, 2005
IIJI
IIJI CHART
Saturday, July 09, 2005
Trailing Stop Techniques
Trailing Stop Techniques
Mastering Reward vs. Risk
Most traders ignore reward/risk ratios, hoping that luck will save them when things start to go bad. This is probably the main reason so many of them are destined to fail. It's really dumb when you think about it, because reward/risk is the easiest way to get a definable edge on the market house. The reward/risk equation builds a safety net around your open positions. It's designed to tell you how much can be won, or lost, on each trade you take. The secondary purpose is to remove emotion so you can focus squarely on the cold, hard numbers.
Hurricane Dennis takes AIM
Weather Radar Loop
Friday, July 08, 2005
EGHT
EGHT CHART
CREE
CREE CHART
DCAI and NGPS
GIGM
GIGM CHART
IPII
IPII CHART
OSIP
IIJI
IIJI CHART
SIRI
SIRI CHART
JVA
JVA CHART
OATS
FRED
FRED CHART
CTTY
Stocks Trading Up In Pre-Market
Budd Foxx
JUNE JOBS REPORT
Unemployment rate 5.0%
Average hourly earnings up .2%
Budd Foxx
Upgrades and Downgrades
SFA RJF
Stocks recieving downgrades this morning include:
ATRS, AMIS, ZQK, CHKP, and ARS
Budd Foxx
Morning News
- Futures are pointing to a higher open this morning.
- June Employment Report due out before the open today.
- May Wholesale Trade numbers also out this morning.
- May Consumer Credit released today at 3pm.
- Watch oil today as hurricane Dennis now a category 4 storm is expected to enter the Gulf of Mexico later today or tonight.
- European stocks recover nicely today 1 day after the attacks in London.
- Sunoco Inc. (SUN) has announced a 2 for 1 stock split, also declared a third quarter cash dividend of 20 cents per share.
- Siebel Systems Inc. (SEBL) warned yesterday after the bell the company expects to miss on second quarter sales expectations.
- Crude Oil currently just over $61.00 per barrel.
- Gold nearly $425.00 per ounce.
Budd Foxx
Thursday, July 07, 2005
Trading the News
Trading the News
One-Week High-Volume Gainers
One-Week High-Volume Gainers
MATK and DNA
Crude Oil
Budd Foxx
MSGI
Stocks Trading Up In Pre-Market
Budd Foxx
Morning News
- Futures have spiked down following the explosions in London.
- Oil inventories to be released today.
- Weekly Jobless Claims out this morning at 8:30 am.
- Saudi officials reportedly have told Opec they will not be able to meet western demand for oil in 10-15 years.
- Dollar has fallen sharply after the news of explosions in London.
- G-8 summit was set to begin today, reports are out that those meetings will go on as scheduled. Tony Blair will be leaving those meetings to be in London.
- Oil down sharply now $59.00 per barrel.
- Gold is currently just over $429.00 per ounce.
Budd Foxx
Earnings
Accenture (ACN)
ALCOA Inc. (AA)
CalAmp Corp. (CAMP)
Fox & Hound Restaurant Group (FOXX)
Hub International Limited (HBG)
Innovo Group (INNO)
International Speedway (ISCA)
Laidlaw International Inc. (LI)
Mark West Energy Partners LP (MWE)
Mercantile Bank Corp. (MBWM)
Pepsi Botteling Group (PBG)
United Agri Products (UAPH)
Budd Foxx
Breaking News !!
Budd Foxx
Wednesday, July 06, 2005
Madd Money Blog
Madd Money Blog