Wednesday, August 31, 2005

CAFE and CAFEW

Host America Corp. Today the company placed it's president and chief executive on administrative leave without pay. Also today the Nasdaq Stock Market announced trading in Host America Corp. will resume tomorrow September 1st at 10am.

Budd Foxx

10 Interesting Charts

AGII, ASTE, CLHB, CPWR, ECOL

EPEX, FWLT, HAWK, MROI, SNUS

Stocks Trading Up In After Hours

ICON, COCO, TRLG, ELOS, AMSG, and GMST

Budd Foxx

BOOM

Dynamic Materials Corp. really heating up this afternoon making new highs on the day so keep this stock on the radar.

Budd Foxx

CHB

Champion Enterprises Inc. is really doing well today so keep this stock on the radar.

Budd Foxx

CCJ

Cameco Corp. really acting well today on good volume so keep this stock on that radar.

Budd Foxx

CAT

Caterpillar Inc. which is in the business of heavy equipment is acting well today. Katrina has caused a big demand for this such equipment so keep this stock on the trading radar.

Budd Foxx

NTRI

Nutrisystem Inc. once again has a good tone so keep it on the radar for a possible swing trade.

NXXI

Nutrition 21 Inc. has a good tone to it today, and seems to be heating up just a bit so keep this stock on the trading radar.

Budd Foxx

BSM

BSD Medical Corp. a stock Budd Foxx profiled yesterday on The Visual Trader is once again acting very well. Make sure to check out the stock picks on our sister site.

The Visual Trader

TMTA

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

SMTX

SMTC Corp just made a new intraday high so keep it on the radar this afternoon.

SWN

Southwestern Energy Co. is once again acting very well so keep it on the trading radar.

BECN

Beacon Roofing Supply Inc. is acting well today so keep it on the trading radar.

BMHC

Building Materials Holding Corp is acting very well so keep it on the trading radar today.

ELOS

Synerion Medical Ltd. has a good tone to it today so keep it on the trading radar for a possible swing setup.

Top Performers

TRCA/SGR/FRK/ALJ/CBI/PEC/SUN/TIF/IPII

FORD

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

CRZO

Carrizo Oil and Gas has a good tone in early trading so keep it on the radar.

IO

Input Output Inc. is heating up a bit in early trading so keep this stock on the trading radar.

Budd Foxx

IPII

Imperial Industries is acting well in early trading so keep it on the radar today.

Stocks Trading Up In Pre-Market

IPII, TRCA, BLDP, ASTM, STEM, BSM, ARXT, CCBL, SIGM, HOTT, ALDN, VIAC, SIRF, QLGC, CREAF, RRGB, MEDI, BIDU, RIMM, OSUR, and IMOS

Budd Foxx

Upgrades and Downgrades

Stocks Upgraded this morning include:
HOTT, ATW, ZQK, RRGB, PAA, CFC, QLGC, and FINL

Stocks Downgraded this morning include:
PLT, ATW, UHS, and SMTC

Budd Foxx

Breaking News

Appearing on CNBC Energy Sec, Bodman saying the White House to tap the SPR.

Budd Foxx

Morning News

  • Futures are down look for another lower open today.
  • Q2 Preliminary Real GDP report out this morning.
  • August Agricultural Prices today at 3pm.
  • August Chicago PMI also today.
  • Don't forget those Oil Inventories also to be released at 10:30 am.
  • A few things Katrina is impacting besides the oil and gas companies.Imports and Exports of cargoes, Coffee, Grain, Steel, and Rubber. Navigational aids along the Mississippi river are gone, from Baton Rouge to the Gulf of Mexico remains shut down to all vessels. Dredging which will almost definately need to take place could take weeks if not months.
  • $3.00 to $3.20 a gallon is what the consumer should expect to pay for unleaded gas in the next week or so. Price of gas will have a major impact on the holliday weekend.
  • Union Leaders of mechanists are advising workers to strike after Boeing's last and best offer.
  • Crude Oil currently $70.36 per barrel.
  • Wholesale price of unleaded gas is $2.55
  • Gold went south yesterday currently $436.40 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Champps Entertainment (CMPP)
Culp Inc. (CFI)
Freddie Mac (FRE)
Grief Brothers (GEF)
Layne Christensen (LAYN)
NCI Building Systems Inc. (NCS)
Nevada Gold & Casinos Inc. (UWN)
Opsware Inc. (OPSW)
Rex Stores Corp. (RSC)
Sanofi-Aventis (SNY)
Telvent (TLVT)
Tiffany & Company (TIF)
United Natural Foods (UNFI)

Budd Foxx

Tuesday, August 30, 2005

AYE

Allegheny Energy is golden stock picks free swing setup for Wednesday.

AYE CHART

Stocks Trading up in After-Hours

SYNC/SIGM/ABCO/WTSLA/SDIX/LGVN

IPII

Imperial Industries, Inc. is just rippin. If the stock is closing strong this could be a momentum play. Estimated 26 Billion in Insurance claims could come from Hurricane Katrina.

26 Billion in Damages

SWN

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

NTRI

Nutrisystems, Inc. just made a new intraday high and is acting well in this down market so keep it on the radar for a possible swing trade.

JOYG

JOY Global Inc. is acting well today so keep it on the radar.

TWW

Terremark Worldwide, Inc. has a good tone to it today and insiders have been buying so keep it on the radar.

MCEL

Millennium Cell, Inc. just made a new intraday high so keep it on the radar for a possible swing or position trade.

GRVY

Gravity Co. Ltd is ripping so keep it on the radar today.

SFP

Salton Inc. is acting well in this down market so keep it on your watchlist. Stocks that act well in a down market could rally when the market goes green.

ENER

Energy Conversion Devices, Inc. has a good tone to it today so keep it on the radar.

DESC

Distributed Energy Systems Inc. is acting well today so keep this stock on the trading radar.

Budd Foxx

Crude Oil

Crude oil is really starting to spike up here currently $69.90 per barrel
Natural Gas is up to $11.75
Heating oil over $2.00
Unleaded fuel also continues to climb as well.

Budd Foxx

Top Performers

EAGL, MDR, GRA, ATN, FDG, CBG, FTO, OIS, RGEN, FCEL, and UPCS

Budd Foxx

BIDU

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

SFE

Safeguard Scientifics, Inc. has a good tone to it today. If you recall we mentioned insiders were buying. Keep it on the radar.

IPII

Imperial Industries, Inc. has a good tone to it today so keep it on your trading radar for a possible swing setup.

ELOS

Syneron Medical Ltd. is acting well in early trading so keep it on the radar today.

CPST

Capstone Turbine Corp is ripping in pre-market on Cramer's pump so keep it on the trading radar today.

Stocks Trading Up In Pre-Market

CPST, SATC, IMCL, JOYG, BIDU, NVAX, PENN, AAPL, VIAC, ENER, UPCS, NINE, LSTR, GRVY, VRSN, OSTE, BLDP, DSPG, and LTXX

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning include:
UPCS, LTXX, CBG, NVDA, VRSN, GRT, ATYT, and TER

Stocks downgraded this morning include:
CPK, EYE, APCS, NDE, ODMO, DQE, CDW, QLGC, CFC, ILA, and OTTR

Budd Foxx

Morning News

  • Futures are down this morning look for a lower open.
  • August Consumer Confidence Report released at 10 am.
  • July Factory Orders also at 10 am.
  • Hurricane Katrina has left a path of distruction along the Gulf Coast, and could be the most expensive storm on record. Early estimates call for between $12 billion to $26 billion in claims are expected.
  • Apple Computer (AAPL) expected to release new product info on September 7th. Expectations are the company will unveil an iPOD cell phone made by Motorola.
  • General Motors (GM) to meet and update analysts today.
  • Sprint Nextel (S) Closr to buying two smaller companies. A $400 million deal with IWO Holdings Inc, and a $288 million deal with Gulf Coast Wireless.
  • Crude Oil has climbed a bit this morning currently $68.20 per barrel.
  • Gold has really taken a beating as of late currently $439.40 per ounce.
Budd Foxx

Earnings

Just a few of the companies reporting today.

ADC (ADCT)
Conns Inc. (CONN)
Engineered Support Systems (EASI)
FuelCell Energy Inc. (FCEL)
Gottschalks (GOT)
Intellisync Corp. (SYNC)
LightPath Technologies (LPTH)
Micros System (MCRS)
Mobil Telesystems (MBT)
Sisma Designs (SIGM)
VA Software Corp. (LNUX)
Zale Corp. (ZLC)

Budd Foxx

CPST

An energy play whose time has come is Capstone Turbine (CPST:Nasdaq - commentary - research - Cramer's Take), Jim Cramer said Monday on his "Mad Money" TV show.

Monday, August 29, 2005

10 Interesting Charts

ASGN,ATVI,KAMNA,OSTE,SPNC

TWTC,SMBI,LDSH,MUSE,GLBL

CCJ and TIE

CCJ and TIE are acting well and if they are closing strong today could be momentum plays.

NTRI

Nutrisystems, Inc. just made a new intraday high. Keep it on the radar for a possible swing trade.

FORD

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

NVAX

Novavax, Inc. is ripping so keep it on the trading radar this afternoon.

BECN

Beacon Roofing Supply, Inc. has a very good tone to it today because of the hurricane so keep it on the trading radar for a possible swing trade.

SFE

Safeguard Scientifics, Inc. just made a new intraday high. The other day insiders were buying so keep it on the radar.

ENER

Energy Conversion Devices, Inc. continues to act well so keep it on your watchlist.

Market Movers

NDC / MSO / HOS / PZE / OSTE / MUSE / ROYL / OMNI

REDF

Rediff Com India, Ltd continues to have a good tone to it so keep it on the trading radar.

AOB

American Oriental Bio just made a new intraday high so keep it on your watchlist.

CHTR

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

BIDU and GOOG

BIDU and GOOG are starting to rip so keep them on the trading radar today.

Top Performers

ABIX / TAYD /GLBL / TTMI / SPIR /PA / NDC / OMM / PBY / OSG

CPST

Capstone Turbine Corp. was ungraded this morning and the stock is staring to rip so keep it on the radar.

SMTX

SMTC Corp has gone green here so keep it on the radar today.

ABLE and GEOI

ABLE and GEOI with Crude Oil above 70 per barrel they are rippin. Both of these stocks have low floats and are highly shorted. Keep them on the radar today.

IPII

Imperial Industries, Inc. is a building supplier in the SE. With Hurricane Katrina making land fall this stock is just rippin in pre-market. Keep it on the radar today.

Stocks Trading Up In Pre-Market

CPST, FISV, MUSE, ABIX, ENER, GENR, TAYD, GLBL, MPET, NGAS, SOSA, BCON, GW, PTF, ROYL, ABLE, CDIS, JOYG, RVX, OMNI, PETS, MCEL and IPII.

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning include:
MUSE, MAPS, BJS, BC, and CPST

Stocks downgraded this morning include:
KRI, and CENT

Budd Foxx

Morning News

  • Futures are pointing to a lower open this morning.
  • Hurricane Katrina making landfall as I write this post. The storm has lost some of it's intensity, but still remains a strong category 4 storm with winds of 145 miles per hour.
  • National average price of gasoline is up 13 cents to $2.65 per gallon over the past two weeks.
  • U.S. crude oil futures reached a record high of $70.80 per barrel. Natural gas has also spiked up $1.99 to $11.78
  • Stocks to watch in wake of this storm: Hospitality and Hotel operators, Energy and Oil companies, Insurance companies, Airline companies, and Building supply companies.
  • Crude oil is currently up over 3 bucks to 69.77 per barrel.
  • Gold has also jumped up a bit this morning currently $444.40 per ounce.
Budd Foxx

Sunday, August 28, 2005

Crude OIL

Crude Oil futures have reached $70.00 per barrel tonight currently oil is up $3.55 to $69.68 per barrel. Hurricane Katrina could have a major impact on oil and gas prices over the next week with the last holiday of the summer,( Labor Day Weekend ) next week so keep those oil and gas stocks on the trading radar.

Budd Foxx

Greenspan: end of housing boom inevitable

JACKSON HOLE, Wyo. (Reuters) - U.S. home prices could fall as the housing surge "inevitably" slows, Alan Greenspan said on Saturday as he cast doubt on central banks' ability to sway such asset values.

"The housing boom will inevitably simmer down," the Fed chief said. "As part of that process, house turnover will decline from currently historic levels, while home price increases will slow and prices could even decrease."

Hurricane Katrina

Now a category 5 hurricane with sustained winds of 175 miles per hour expected to reach New Orleans area within the next 24 hours. Forcasters are calling for a storm surge of 20 feet or more in an area which is mostly below sea level. President Bush has already declared Louisiana, and Mississippi disaster areas to speed up help for these states. This could be the worst storm to hit the states since hurricane Camille back in 1969.

Budd Foxx

AGIX

Athero Genics, Inc. is trader hr free weekly swing setup for Monday.

AGIX CHART

PZZA

Papa Johns Pizza, Inc. is golden stock picks free swing setup for Monday.

PZZA CHART

Saturday, August 27, 2005

SIRI CHART

SIRI the stock closed above the 50 dma on Friday and the MACD is looking bullish as the fast line is about to cross the slow line. Volume was above average on this upward move. Posted by Picasa

Anticipating a Selloff

HOW YOU COULD HAVE SEEN IMCLONE'S IMPLOSION COMING
Warning: This will be an "I told you so" column. We're going to look at a recent horror story and see why you should have bailed out by now. If it hits too close to home, you might want to move on and read something a little more pleasant. We're taking no prisoners today.

The RealMoney staff love to flutter their wings about the latest blowups. But I have a confession to make. I think the companies we chatter about are extremely boring.
Enron? That's an extinct bird, isn't it? And although I think Halliburton is a beautiful actress, she doesn't look that good in asbestos.

Anticipating a Selloff Article

Friday, August 26, 2005

Stocks Trading Up In After Hours

ICON, NINE, FOSL, CHRZ, OSCI, ITWO, NMHC, DSCM, ONNN, and CPST

Budd Foxx

BCON

Becon Power Corp. we are seeing a little bit of action in this stock so keep it on the radar toward the close.

SMTX

SMTC Corp just made a new intraday high and is starting to heat up so keep it on the radar.

NTRI

Nutrisystems, Inc. has a decent tone in this down market so keep it on the radar. Stocks that act well in a down market could rally when the market turns green.

SFE

Safeguard Scientific Inc. insiders were buying the other day and the stock is acting well today in this down market so keep it on the radar.

REDF

Rediff Com has a good tone to it today so keep it on the radar this afternoon.

Top Performers

TAYD / LWAY / OVTI / ZIGO /PRLS /LC /PCP /EC /MSO

ATPL

Atlantis Plastics, Inc. is acting well today so keep it on the radar.

RADS

Radiant Systems, Inc. has a decent tone to it today so keep it on your watchlist for a potential swing trade.

CPST

Capstone Turbine Corp. has a decent tone in early trading so keep it on your watchlist today.

SVA

Sinovac Biotech Ltd. has a good lookin chart and a decent tone in early trading so keep it on the radar today.

CTTY

Catuity Inc. is ripping in pre-market so keep it on the trading radar this morning.

FOXH

Foxhollow Tech, Inc. has gone down and filled the gap around 44.55 and could move back up so keep it on the trading radar today. Support might be at the 50 dma.

BCON

Beacon Power Corp. is ripping in pre-market so keep it on the radar today.

Stocks Trading Up In Pre-Market

NTRI, OVTI, AGIX, BCON, SIRI, DFIB, CNR, CTTY, LWAY, AMTA, IMCL, MCEL, OPTC, ARIA, ZIGO, NVAX, OVEN, DESC, and SBTV

Budd Foxx

Upgrades and Downgrades

Stocks recieving upgrades this morning include:
EC, JCI, ERJ, and ETR

Stocks downgraded this morning include:
PETC, TOC, EDMC, and AACE

Budd Foxx

Morning News

  • Futures are currently pointing to a higher open this morning.
  • Alan Greenspan will be speaking this morning in Jackson Hole Wyoming.
  • Merck & Company (MRK) Lawyers for the company have stated some lawsuits may be settled over it's painkiller VIOXX, and it's links to heart problems.
  • Sirius Satellite Radio (SIRI) The company has plans to devote two round the clock channels for Howard Stern.
  • Pixar Animation (PIXR) The SEC is conducting an informal investigation into the companies second quarter earnings report.
  • Katrina slammed the east coast of Florida last night , and is currently back in the Gulf of Mexico. The storm is expected to gain some steam and head north towards the panhandle of Florida.
  • Crude Oil is currently $67.36 per barrel.
  • Gold is currently $443.00 per ounce.
Budd Foxx

Thursday, August 25, 2005

WEBX CHART

The MACD is turning up along with the Full Sto and Volume was above average on this upward move. The stock is oversold. Posted by Picasa

ITG

Investment Tech is golden stock picks free swing setup for Friday.

ITG CHART

PWEI

PW Eagle Inc. acted well today so keep it on the radar for a possible swing trade.

Stocks Trading up in After-Hours

OVTI/ZIGO/LWAY/LGBT/OPSW/CMOS/APPX/RSTO

XWG

Wireless Xcessories Group Inc. has had a decent tone to it today so keep it on the radar. The stock is making a new intraday high toward the close here.

IRIS

Iris International Inc. has acted well today and crossed above the 50 dma which is normally a bullish sign. Keep it on the radar for a possible swing trade.

NEOL

Neopharm, Inc. has had a good tone to it today so keep it on the radar for a possible swing trade.

SONS

Sonus Networks, Inc. has gone down and filled the gap and might start to move back up so keep it on the radar for a possible swing trade or position trade.

SONS CHART

STSI

Star Scientific, Inc. is acting well for the 3rd straight day in a row and is a possible reversal candidate.

GENR and AMTA

GENR and AMTA are some leading percentage gainers on the day so keep them on the radar.

ELN

Elan Corp. has a good tone to it today so keep it on your watchlist.

AMLN

Amyln Pharmaaceuticals, Inc. continues to act well so keep it on your radar.

VPHM

Viropharma, Inc. is acting well today so keep it on the radar for a potential swing.

LCRD

Laser Card Corp. is acting well today so keep it on the trading radar for a possible swing trade.

PANC

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

ENER

Energy Conversion Devices, Inc. is acting well today so keep it on the radar.

NTRI

Nutrisystems Inc. just made a new intraday high so keep it on the radar for a possible swing trade.

MNTA

Momenta Pharmaceuticals, Inc. is acting well in early trading so put it on your watchlist for a potential swing trade.

Top Performers

ADSK/GSIC / VEXP / CWTR / JCI / LII

HANS

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

NVAX

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

CPST

Capstone Turbine Corp is acting well in early trading so keep it on the watchlist today.

BCON

Becon Power Corp. once again is red hot so keep it on the radar today.

MCEL

Millennium Cell, Inc. is trading up in pre-market this morning so keep it on the radar today.

Stocks Trading Up In Pre-Market

BCON, FCEL, NVAX, SIRI, BIDU, RUTH, CUB, CWTR, GTRC, PKS, GSIC, DESC, NCTY, TRID, AAPL, EPIX, SEAC, RFMD, YRK, TMTA, MYOG, FDRY, CPST, TCX and MCEL

Budd Foxx

Upgrades and Downgrades

Stocks recieving upgrades this morning include:
GSIC, BCM, PPC, HET, and ARO

Stocks recieving downgrades this morning include:
NLY, APPB, FITB, DOW, and BYD

Budd Foxx

Morning News

  • Futures are pointing to a slightly higher open this morning
  • Weekly Jobless Claims due out this morning.
  • General Electric (GE) to pay $1.55 billion for a 25% stake in Turkish Bank Garanti Bank AS.
  • Nasdaq Stock Market Inc. to offer connectivity, and routing to options exchanges in the first quarter of 2006.
  • Hawaii has set a gas cap on wholesale price of gasoline. Wholesalers can't charge more than just over $2.15 per gallon or $2.74 with all gas taxes included.
  • Crude Oil reached $68.00 per barrel in over night trading due to concerns of tropical storm Katrina. Currently oil has pulled back off those highs to $67.25 per barrel.
  • Gold is currently $443.80 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Ace Cash Express Inc. (AACE)
Chico's Fas Inc. (CHS)
Dollar General Corp. (DG)
Fred's (FRED)
Hormel Foods Corp. (HRL)
Gerber Scientific (GRB)
LaBarge Inc. (LB)
LSI Industries Inc. (LYTS)
Novell Inc. (NOVL)
Omnivision Technologies (OVTI)
Party City Corp. (PCTY)
Petco Animal Supplies (PETC)
Rexam Plc. (REXMY)
Smithfield Foods (SFD)
Toll Brothers (TOL)

Budd Foxx

Wednesday, August 24, 2005

Barchart Top 100 Stocks

Top 100 Stocks for Aug 24th by average weighted Alpha


Barchart Top 100

Stocks Trading up in After-Hours

EPIX/CACSE/DIGE/RNAI/ULCM/QFAB/AVID

Crude Oil

With concerns of tropical storm Katrina causing problems for the Gulf of Mexico oil has reached an all time high closing price of $67.40 per barrel.

Budd Foxx

CHTR

Charter Communications, Inc. is just rippin on big volume so keep it on your watchlist.

PANC

Panacos Pharmaceuticals, Inc. is on the move so keep it on the radar this afternoon.

RNAI

Sirna Therapeutics Inc. has a good tone to it today so keep this stock on your radar this afternoon.

The Visual Trader

Additional Stock Picks can be found on our sister site The Visual Trader. Budd Foxx posts trading ideas on a daily basis so make sure to check out his picks.

The Visual Trader

MNTA

Momenta Pharmaceuticals Inc. just made a new intraday high so keep it on the radar this afternoon.

VPHM

Viropharma Inc. continues to act well so keep it on the radar.

DESC

Distributed Energy Systems Corp. is acting well again today so continue to keep this stock on the trading radar for a position trade.

DSTI

Daystar Technologies, Inc. just made a new intraday high so keep it on the radar.

Market Movers

GCO / GMR /OMX /TOL /SYNX /PSRC /FFIV

HAR

Harman International Industries Inc. has a very good tone to it today so keep it on your watchlist.

IO

Input Output Inc. has a decent tone to it today so keep it on your radar.

MCEL

Millennium Cell, Inc. has a very good tone to it today so keep it on the radar for a swing or longer term position trade.

GOOG and BIDU

GOOG and BIDU are heating up so keep them on the radar today.

AOB

American Oriental, Inc. has a good tone to it today so put it on your watchlist.

CPST

Capstone Turbine Corp has a very good tone to it today so keep it on the radar.

Top Performers

NEOL/MKTY/JILL/GCO/FRO

IO/CPN/OMX/MTF/OMM/COH/LU

AAPL

Apple Computer, Inc. is acting well in early trading so keep it on the radar.

INSM

Insmed Inc. is acting well in early trading so put it on your watchlist today.

XWG

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

IPII

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

TCX

Tucows Inc. Mark Cuban has a 9% stake in the company and the stock is trading up in pre-market so keep it on the radar today.

BCON

Beacon Power Corp. has been very hot lately and is trading up in pre-market this morning so keep it on the radar today.

Thoughts on Daytrading

Trader Mike has some good thoughts on Daytrading. This is a good read that covers position sizing and risk management.

Thoughts on Daytrading

Stocks Trading Up In Pre-Market

BCON,TCX, MYGN, JILL, CVTX, MVCO, KTCC, RFMD, NEOL, IVX, CHTR, GEAC, NGPS, BCRX, OMNI, CTIC, QMAR, FRO, GDT, BBD and TMTA

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning include:
RFMD, MYGN, SUN, and VZ

Stocks downgraded this morning include:
BTU, APPB, SMTC, WES, and CBRL

Budd Foxx

Morning News

  • Futures are weak again this morning looking at a lower open.
  • July Durable Goods report today.
  • July New Home Sales also out today.
  • Oil Inventories to be released at 10:30 am.
  • Google Inc. (GOOG) expected to launch a new instant messaging and voice service.
  • Ex Kmart CEO Charles C Conway and ex-CFO John T McDonald have been accused by the SEC of misleading investors about the companies financials before the company went bankrupt.
  • Transmeta Corp. (TMTA) regains compliance with Nasdaq's minimum bid price listing requirement.
  • Crude Oil is on the rise over concerns of storm near the Bahamas which is expected to reach Florida over the weekend. Currently oil is $66.20 per barrel
  • Gold has pulled back as of late currently $443.40 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

American Woodmark Corp. (AMWD)
BHP Billiton Ltd (BHP)
Blyth Inc. (BTH)
Candela Corp. (CLZR)
Coldwater Creek (CWTR)
Dollar Tree Stores (DLTR)
Frontline Ltd (FRO)
Genesco (GCO)
Micheal's Stores (MIK)
PetsMart (PETM)
Regis Corp. (RGS)
Tivo Inc.(TIVO)

Budd Foxx

Ten Interesing Charts

IO, SHLD, SNIC, GTRC, BIDU

IRN, JBL, ABIX, ESV, SFE

Tuesday, August 23, 2005

Transmeta Regains Compliance with Nasdaq

SANTA CLARA, Calif.--(BUSINESS WIRE)--Aug. 23, 2005--Transmeta Corporation (NASDAQ:TMTA - News), the leader in efficient computing technologies, announced that today it received written notification from the Nasdaq Listing Qualifications staff that the Company has regained compliance with Nasdaq Marketplace Rule 4450(a)(5) (the "Minimum Bid Price Rule"). The Nasdaq notification letter stated that the Company regained compliance with the Minimum Bid Price Rule because the closing bid price of the Company's common stock has been greater than $1.00 per share for at least 10 consecutive business days.

SCLN

Sciclone Pharmaceuticals Inc. has a decent tone to today so keep it on the radar for a possible swing trade.

TCX

Tucows, Inc. we are hearing Mark Cuban has a 9% stake in the company. The stock is acting well today so keep it on the radar.

BCON

Beacon Power Corp. just made a new intraday high so keep it on the radar this afternoon.

ENER

Energy Conversion Devices, Inc. is acting well and is close to making a new intraday high so keep it on the radar this afternoon.

DESC

Distributed Energy Systems Corp. is acting well this afternoon so keep this stock on the radar.

Budd Foxx

ELN

Elan Corp. is heating up a bit making new highs on the day so keep this stock on the radar.

Budd Foxx

RADS

Radiant Systems, Inc. went down and filled the gap and is sitting right around the 50 dma so keep it on your watchlist.

RNAI

Sirna Therapeutics Inc. just made a new high on the day so keep this stock on the trading radar.

Budd Foxx

MRVL

Marvell Technologies Group Ltd. Cramer continues to pump this stock and says he loves it. Today the stock is acting well on the Cramer pump.

CTTY

Catuity Inc. just made a new intraday high so keep it on the radar today.

Top Performers

CLRK / PLUM / LU / RMD/ SFC / WES

OXGN

Oxigene Inc. just made a new intraday high so keep it on your radar.

July Home Sales

Existing Home Sales for July were down 2.6% to 7.16 million units. This number was a bit below expectations.

Budd Foxx

BIDU

baidu.com Inc. is staring to rip so keep it on your trading radar today.

NWD

New Dragon Asia Corp. is acting well in early trading so keep an eye on it today.

AMLN

Amyln Pharmaceuticals, Inc. has a lot of momentum and a high short interest. Insiders were buying a few weeks ago. Keep it on the radar.

MNTA

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

TMTA

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

BCON

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

SMTX

SMTC Corp is ripping this morning in early trading so keep it on the trading radar today.

AMAT CHART

AMAT is getting close to a breakout so keep it on the radar as the MACD is bullish. Posted by Picasa

Stocks Trading Up In Pre-Market

AMLN, OVEN, SCHN, PLUM, ALKS, LWSN, STEM, TCX, TASR, TMTA, INTC, GOOG, PERY, IIJI, MVCO, ESRX, HUBG, TWMC, MSEX, IFLO, RSCR, RTSX, OATS, and BCON

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning include:
FPL, LWSN, LU, AMLN, COGN, STRT, SFC, and DPH

Stocks downgraded this morning include:
EYET, CYPB, SVU, OSIP, and PKZ

Budd Foxx

Morning News

  • Futures look weak we could see a lower open today.
  • July existing home sales numbers out this morning at 10 am.
  • General Electric Co. wins a $2.4 billion contract to develop an engine for next generation stealth fighter jet. It is a 60/40 venture with British company Rolls Royce.
  • Marge Magner stepping down at Citigroup (C) She was a 19 year veteran who ran the companies consumer division.
  • Harrah's Entertainment to purchase Imperial Palace Hotel & Casino for $370 million.
  • Nokia Corp. (NOK) has won a $125 million contract to expand India's Bharti Tele Ventures mobile phone network.
  • Crude Oil is sitting just under $66.00 per barrel.
  • Gold is currently just over $445.00 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Amcor Limited (AMCR)
Brown Shoe Company Inc. (BWS)
Data Mirror (DMCX)
Dollar Financial Corp. (DLLR)
Handleman Company (HDL)
Myriad Genetics (MYGN)
Nordson (NDSN)
Sanderson Farms (SAFM)
Shiloh Industries (SHLO)
Shoe Carnival (SCVL)
Toro (TTC)
Williams Sonoma (WSM)
Wind River Systems (WIND)

Budd Foxx

Monday, August 22, 2005

Ten Interesting Charts

ERES/SFE/DGIN/ECTX/EMMS

FORR/KOPN/LDSN/KNDL/AOB

AMLN Short Interest

  • Shares Short 25.87M
  • Days to Cover 5.6
  • Short % of Float 28.40%

Nasdaq Composite Chart

Looks like support is at the 50 dma. We are currently oversold. Posted by Picasa

AMLN

NEW YORK, Aug 22 (Reuters) - The shares of Amylin Pharmaceuticals Inc. (AMLN.O: Quote, Profile, Research) and Alkermes Inc. (ALKS.O: Quote, Profile, Research) surged on Monday in after-hours trading after the drug makers announced positive results in a study of one of their joint diabetes treatments.

Budd Foxx

Stock up in After-Hours

AMLN/PLUM/ALKS/CPST

JMDT/CDMS/COMS/TWTI

Budd Foxx

TIE

Titanium Metals Corp. could be a momentum play if the stock is closing strong at the end of the day so keep it on your watchlist.

BCON

Beacon Power Corp. is starting to get active here so keep an eye on it this afternoon.

PTC

Par Technology Corp just made a new intraday high so keep it on the radar this afternoon.

SYNM

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

PANC

Panacos Pharmaceuticals Inc. is starting to move back up again so keep an eye on it today.

PANC CHART

SMTX

SMTC Corp is ripping today so keep it on the radar.

SFE

Safeguard Scientifics, Inc. Upticks mentioned on Friday that insiders were buying and today the stock is acting well so keep it on the trading radar.

SFE Insiders Buying

REDF

Rediff Com India Ltd. is starting to creep up so keep an eye on it today.

BCON

Beacon Power Corp. has a very good tone and just made a new intraday high so keep it on the trading radar today.

WSSI

Webside Story Inc. has a very good tone to it this morning in early trading so keep it on the radar today for a possible swing or position trade.

SHLD

Sears Holdings Corp has a good tone to it today so keep it on your watchlist.

Top Performers

PPCO/AOB/ALO/ADM/MCO

AAPL

Apple Computer, Inc has a good tone to it today so keep it on the trading radar.

FORD

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

EMMS

Emmis Communications Corp is acting well today and looks like a possible swing setup so keep it on your watchlist.

GMXR and GMXRW

GMX Resources Inc. the stock and the warrants continue to have a good tone so keep them on the radar.

MVCO

Meadow Vally Corp has a good tone to it today so keep it on the radar for a possible swing trade.

MRVL

Marvell Tech Group Ltd. Cramer mentioned he likes this stock and it is acting well today so keep it on the trading radar.

PANC

Panacos Pharmaceuticals, Inc. has a very good tone in early trading so keep it on the radar today.

Stocks Trading Up In Pre- Market

BCON, PANC, NWAC, EYET, GOOG, SWKS, STEM, ASTM, SUPG, REDF, RRGB, TMTA, GERN, MYOG, MRVL, SIFY, HURC, BDAY, WSSI, SCUR, STTS, NYER and LANV

Budd Foxx

Upgrades and Downgrades

Stocks recieving upgrades include:
ACR, CBE, SCUR, MRK, ADM, MW, LLTC, CCBI, RRGB, and SMTC

Stocks downgraded include:
KEP, ACW, FISV, and KMB

Budd Foxx

Morning News

  • Futures are up pointing to a higher open.
  • Northwest Airlines continues flights now entering 3rd day of mechanics union strike.
  • China's CNPC International offers $4.18 billion or $55.00 a share for Petrokazakhstan (PKZ)
  • Electricity problems shut down Iraq's oil exports. Power outages are effecting central and southern Iraq.
  • Google (GOOG) launches free software application (sidebar) to compete with Yahoo, and microsoft.
  • Crude Oil is currently just above $65.00 per barrel.
  • Gold is currently $442.80 per ounce.
Budd Foxx

Sunday, August 21, 2005

OSI buying Eyetech for $935 million

SAN FRANCISCO (MarketWatch) - OSI Pharmaceuticals Inc. said Sunday it is buying Eyetech Pharmaceuticals Inc. in a cash-and-stock deal, valued at $935 million, that pays Eyetech shareholders a 43% premium over Friday's closing price of $13.99.

Ten Interesting Charts

ALY/CNH/EFJI/IDBE/FDG/PANC

RAIL/NURO/SONS/SYMN

AGN

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

AGN CHART

Saturday, August 20, 2005

Striking Northwest mechanics hit the picket line

SAN FRANCISCO (MarketWatch) -- The mechanics' picket line at San Francisco International Airport early Saturday afternoon was small and quiet, but union members said they are angry and frustrated about their labor dispute with Northwest Airlines.
"People are really angry," said Richard Turk, communications officer for the Aircraft Mechanics Fraternal Association Local 9, based in San Bruno, Calif. "We want the airline to thrive. We just don't want them doing it off our back."

NBIX

Neuocrine Bioscience is the trader hr free weekly swing setup for Monday.

NBIX CHART

Arthur Hill On Moving Average Crossovers

A popular use for moving averages is to develop simple trading systems based on moving average crossovers. A trading system using two moving averages would give a buy signal when the shorter (faster) moving average advances above the longer (slower) moving average. A sell signal would be given when the shorter moving average crosses below the longer moving average. The speed of the systems and the number of signals generated will depend on the length of the moving averages. Shorter moving average systems will be faster, generate more signals and be nimble for early entry. However, they will also generate more false signals than systems with longer moving averages.

Friday, August 19, 2005

Stocks Trading Up In After Hours

GMXR, SLTC, FISI, DPTR, ZILG, EENC, BIOV, IOTN, CRESY, and MSON

Budd Foxx

News

Merck & Company (MRK) has been found liable by a jury in a sudden cardiac death of a man who was using the companies recalled drug Vioxx. The jury has awarded the man's widow a sum of $253.4 million. Merck does plan to appeal the ruling.

Budd Foxx

CMT CHART

CMT might of hit a bottom as the stock received support at the 200 dma. The MACD is starting to turn up and Full Sto is showing the stock is oversold. Posted by Picasa

VPHM

Viropharma, Inc. is creeping up so keep an eye on it this afternoon.

CCJ

Cameco Corp. has a good tone to it and if the stock is closing strong it could be a momentum play.

REDF

Rediff Com continues to rip so keep this stock on the radar this afternoon.

OVRL

Overland Storage, Inc. is coming off a bottom and it ripping today so keep it on the radar for a possible reversal setup.

XWG

Wireless Xcessories Group, Inc. just made a new intraday high so keep it on the radar today.

IN PLAY

RIMM, ESRX and APPX

HAR

Harman International Industries, Inc. continues to have a good tone to it so keep it on the radar.

VRTX

Vertex Pharmaceuticals, Inc. has a very good tone to it today so keep it on your watchlist for a possible swing trade.

NTRI

Nutrisystems, Inc. just made a new intraday high and is ripping so keep it on your radar today.

Top Performers

ANN/ VRTX/DPH/CNQ/RGLD/ADSK/MEL

CCK/ARP/RRC/SJT/CRWN

BOOM

Dynamic Materials, Inc. just made a new intraday high and is acting well so keep an eye on this heavily shorted stock.

ENG

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

VEXP

Velocity Crop is acting well in early trading so keep it on your watchlist today.

GMXR and GMXRW

GMX Resources Inc. have a good tone in early trading so keep them on your trading radar today.

CHINA

CDC Corp. Swings to Small Profit in the Second Quarter on Strong Revenue Growth
HONG KONG (AP) -- Software provider CDC Corp. on Friday reported a small profit for the second quarter, reversing a year-ago loss, driven by strong revenue growth.
Net income was $36,000, or nil per share, compared with a loss of $2 million, or 2 cents per share, a year earlier. Adjusted to exclude certain nonoperating costs, the company posted net income of $5.4 million, or 5 cents per share, in the latest quarter versus a profit of $2.7 million, or 3 cents per share, a year earlier.

BCON

Beacon Power Corp. is rippin in pre-market so keep this stock on your trading radar today.

Stem Cell Stocks

STEM and ASTM are trading up in pre-market this morning so keep them on the radar today.

Stocks Trading Up In Pre-Market

ADSK, MYOG, GEOI, CYBX, WPPGY, RGLD, VRTX, TIVO, VEXP, CIEN, RDCM, CHINA, BOOM, BCON, ADIC, LTON, MRVL, LUFK, ELOS, GMXR, GOOG, ASPT, VISG, BLDP,SNHY, EBAY, GEPT, and ENG

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning include:
DV, CYBX, MEL, VRTX, ARO, IRF, and KO

Stocks downgraded this morning include:
AZO, DT, HIBB, GTN, CAO, AAP, JILL, KNSY, MYS, and DY

Budd Foxx

Morning News

  • Futures are up pointing to a higher open this morning.
  • Nothwest Airlines has until midnight to settle it's labor dispute with mechanics. If talks fail a shutdown would almost certainly force bankruptcy for the airline.
  • Savient Pharma (SVNT) has recieved delisting notice from the Nasdaq for the companies failure to reports it's quarterly report in a timely manor.
  • Google Inc. (GOOG) it has been 1 year since the company began trading on the nasdaq.
  • Crude oil is up today on concerns of production problems in Ecuador. Protest have forced the suspension of exports. Also helping oil this morning are the comments from Merrill Lynch raising '2005 and '2006 estimates on oil. Yesterday it was Goldman Sachs who raised their estimates.
  • Crude Oil is currently up just over 1 dollar to $64.33 per barrel.
  • Gold is currently $444.80 per ounce.
Budd Foxx

NTRI CHART

NTRI has filled the gap but looks like support might be at the 50 dma. The stock is getting oversold. Posted by Picasa

Thursday, August 18, 2005

ORBT CHART

ORBT has filled the gap but real support is at the 50 dma and the $8 and $9 dollar range. Keep this stock on the radar. Posted by Picasa

Autodesk profit nearly doubles

Autodesk Inc. late Thursday reported its quarterly profit nearly doubled as revenue surged 33% on strong demand for its design software, and increased its outlook for the year, sending shares sharply higher. The company's stock gained 6% in extended-hours trading after the results handily outpaced expectations and the outlook for the year topped current analysts' expectations.

GMXR and GMXRW

GMX Resources, Inc. the stock and the warrants have a good tone to them today so put them on the trading radar.

ADSK

Autodesk, Inc. will report earnings after the bell so keep this stock on your radar in after-hours today.

HAR

Harman International Industries, Inc. could be a momentum play if the stock is closing strong on the day.

RNAI

Sirna Therapeutics, Inc. has a good tone and just made a new intraday high so keep it on the radar this afternoon.

Market Movers

EDMC / CKCM / CPWM /MCRL / HGSI /JMDT

MNTA

Momenta Pharmaceuticals Inc. just made a new intraday high and is starting to rip so keep it on the radar. If the stock is closing strong it could be a momentum play.

NTRI

Nutrisystems, Inc. yesterday the stock filled the gap down to 18.30. Real support for this stock is at the 50 dma. NTRI is getting oversold and might turn the corner soon so keep it on the trading radar for a possible swing trade.

LEXR

Lexar Media, Inc. yesterday the stock closed above the 200 dma which is generally a bullish sign and today the stock is acting well so put it on your radar for a swing or longer term position trade.

PKS

Six Flags Inc. is acting very well today so keep this stock on your trading radar.

Top Performers

BRKT/SNPS/NWAC/SYNC/HAR/TOM/FLO/ISL

BCON

Becon Power Corp has a good tone to it today so keep it on your watchlist today.

BOOM

Dynamic Materials Corp. seems to be heating up here so keep it on the trading radar.

Budd Foxx

VPHM

Viropharma Inc. continues to act well so keep it on your radar as it is a possible swing trade.

TMTA

Transmeta Corp. after being downgraded yesterday by EG Edwards the stock is bouncing back this morning so keep it on the trading radar.

CTTY

Catuity Inc. is ripping this morning so keep it on the trading radar today.

DESC

Distributed Energy Systems Corp has a good tone to it today so keep it on your watchlist for a swing or longer term position trade.

NWD

New Asia Corp is acting well in early trading so keep it on your watchlist today.

MNTA

07:16 MNTA Momenta Pharma upped to $54 from $27 at ThinkEquity (25.56 +2.25) ThinkEquity raises their MNTA tgt to $54 from $27 as they believe MNTA's competitors (TEVA, Amphastar, and others) have little chance of gaining approval (0% probability). They do not believe the competitors have adequately characterized the active ingredients of either Lovenox or their products to satisfy regulatory requirements. Firm believes MNTA, by virtue of its superior polysaccharide characterization technology, may provide the FDA with information sufficient for approval (sole generic, 70% probability).

GEPT

Global EPoint, Inc. is ripping in pre-market so keep it on the trading radar today.

Stocks Trading Up In Pre-Market

PKS, SOHU, BIDU, MNTA, MYOG, NWAC, DEPO, NTAP, ARIA, BCON, REDF, IDNX, CMED, JRCC, NTES, GNLB, SMRT, HURC and RITA

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning include:
NWAC, TOO, DJO, KSS, PKS, GSX, DEO, SCG, UCBH, and HAR

Stocks downgraded this morning include:
SEE, NTAP, CRM, and SCHS

Budd Foxx

Morning News

  • Futures are pointing to a lower open this morning.
  • August Philidelphia Fed Fund today at 12 pm.
  • Weekly Jobless Claims report today before the open at 8:30 am.
  • July Leading Indicators at 10 am.
  • Google Inc. (GOOG) announces plans to sell 14.2 million shares.
  • Washington Redskins owner Daniel Snyder looking to gain more control of Six Flags (PKS)
  • Center Financial Corp. (CLFC) has recieved notice from the Nasdaq about possible delisting.
  • Crude Oil pulled back yesterday and is currently $63.55 per barrel.
  • Gold is currently $443.40 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Aeropostale Inc. (ARO)
Autodesk Inc. (ADSK)
Barnes & Noble (BKS)
Bebe Stores (BEBE)
Claire's Stores Inc. (CLE)
Flowers Foods (FLO)
Foot Locker Inc. (FL)
Gamestop Corp. (GME)
Linktone (LTON)
Payless Shoe Source Inc. (PSS)
Sports Authority (TSA)

Budd Foxx

Wednesday, August 17, 2005

Gaps and Gap Analysis

Have you ever wondered what causes gaps in price charts and what they mean? Well, you came to the right place. Just in case, a gap is an area on a price chart in which there were no trades. Normally this occurs after the close of the market on one day and the next day's open. Lot 's of things can cause this, such as an earnings report coming out after the stock market had closed for the day. If the earnings were significantly higher than expected, many investors might place buy orders for the next day. This could result in the price opening higher than the previous day's close. If the trading that day continues to trade above that point, a gap will exist in the price chart. Gaps can offer evidence that something important has happened to the fundamentals or the psychology of the crowd that accompanies this market movement. Before we get into the different types of gaps, here is a chart showing a gap so you will know what we are talking about.

GR

Bf Goodrich Co. is golden stock picks free swing setup for Thursday.

GR CHART

Stocks Trading up in After-Hours

NTAP/SNPS/ZUMZ/PMRY/ALOT/DAKT/KNSY

ITWO

I2 Technologies, Inc. is acting well today so put it on your trading radar as a possible swing candidate.

MNTA

Momenta Pharmaceuticals, Inc. could be a momentum play if the stock closes strong today.

CTTY

Catuity Inc. could be a momentum play if the stock is closing strong today so keep it on the radar.

WRLS

Tellular Corp is acting well today so keep it on your watchlist.

RNAI

Sirna Therapeutics, Inc. just made a new intraday high so keep it on the radar this afternoon.

FDG

Fording Canadian Coal Trust has a very good tone to it and if the stock closes strong it could be a momentum play.

SNSTA

Sonesta International Hotels Corp. this stock is very thin but it acts well today so keep it on your trading radar for a possible swing trade as it has a low float and moves up very quickly.

ANTP

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

NTRI

Nutrisystems, Inc. as I mentioned yesterday the stock had a gap to fill down to 18.30 and this morning the stock filled the gap. Keep it on the radar for a possible swing trade.

NWD

New Dragon Asia Corp is ripping this morning so keep it on the trading radar this week.

API

Advanced Photnix, Inc a stock we profiled last night on the site is acting well today. The stock has a great looking chart and is in blue skies territory making new highs so keep it on your radar for a possible swing trade.

Top Performers

REDF/BCSI/ARXX/SIFY/WCC/JWN/FDG

INSM

Insmed, Inc. is acting well in early trading so keep it on the radar today.

MNTA

Momenta Pharmaceuticals, Inc. has a good tone in eary trading so keep it on the radar for a possible swing trade.

SMTX

SMTC Corp. is ripping this morning in early trading so keep it on the trading radar today.

AAPL

Apple Computer, Inc. has a good tone in early trading so keep it on your watchlist today.

BCON

Beacon Power Corp. is once again acting well in early trading so keep it on the radar today.

Stocks Trading Up In Pre-Market

HPQ, HURC, AMAT, NXTP, BCSI, MANH, WFII, LRCX, FFIV, AAPL, NVLS, CHRS, CELG, INFY, CRXL, GOOG, INSM, MVCO, SMTX, VASC, TINY, and SYNC

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning include:
VFC, and HPQ

Stocks downgraded this morning include:
KMA, FDO, and ORGN

Budd Foxx

Morning News

  • Futures are pointing to a slightly higher open today.
  • July Producer Price Index to be released at 8:30 am.
  • Oil Inventories also this morning at 10:30 am. Analysts looking for a Crude build of 1.2 million barrels, Gasoline is expected to see a decline of up to 1.4 million barrels, and Distilates a build of 1.8 million barrels.
  • Host America (CAFE) board of directors has formed a special independent committee to investigate the companies problems which all started with a press release back on July 12th.
  • NYSE set to offer Dick Grasso a settlement package of $25 million.
  • Crude oil is currently $66.02 per barrel
  • Gold has pulled back a bit from yesterday currently just under $450.00 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Aeroflex (ARXX)
Bea Systems (BEAS)
Caci International (CAI)
Daktronics (DAKT)
Eaton Vance Corp. (EV)
Hot Topic (HOTT)
Hurco Companies Inc. (HURC)
Longs Drug Stores (LDG)
Medtronic Inc. (MDT)
Network Appliance (NTAP)
Orleans Homebuilders (OHB)
Ross Stores Inc. (ROST)
Talbots (TLB)

Budd Foxx

API CHART

API broke overhead resistance yesterday at 3.33 and is now in "Blue Skies" Territory. Keep it on the radar today. Posted by Picasa

ESRX

Express Scripts is golden stock picks free swing setup for Wednesday.

ESRX CHART

Tuesday, August 16, 2005

GOOG

Google, Inc. has a good tone to it today so keep the stock and the call options on the radar.

DESC and NTRI

DESC and NTRI are a few stocks to watch. Both of these stocks have gaps to fill and have pulled back recently so keep them on your watchlist. One stategy is to buy these stocks down at the gap if they can get there.

TMTA

Transmeta Corp the stock is really ripping today on big volume so continue to keep this little gem on your radar.

EL

Estee Lauder, Inc. just made a new intraday high and is ripping so keep it on the radar this afternoon.

MNTA

Momenta Pharmaceuticals, Inc. is acting well today so keep it on your watchlist this week for a possible swing trade.

EYET

Eyetech Pharmaceuticals, Inc. just made a new intraday high and is acting well with an improving chart so keep it on the radar.

DCAI

Dialysis Corp of America looks like some shorts might be covering so keep this stock on the radar for a possible reversal move.

BCON

Beacon Power Corp. just made a new high and is really starting to rip so keep it on the radar this afternoon.

BIDU

Baidu.com, Inc. just made a new intraday high so keep it on your watchlist today.

NWD

New Dragon Asia Corp. continues to have a good tone to it so keep it on your watchlist.

IIJI

Internet Initiative Japan, Inc. we are starting to see a little bit of action in this stock so keep it on the radar today.

Top Performers

SHU/SNIC/SKYW/ARDI/VPHM

DSTI

Daystar Technologies, Inc. has a good tone to it today so keep it on your trading radar for a possible swing trade.

TMTA

Transmeta Corp has a great tone to it today so keep it on your watchlist this week.

XWG

Wireless Xcessories Group, Inc. has a very good tone to it today so keep it on your watchlist for a possible swing trade.

SPIR

Spire Corp. is starting to rip as the stock just made a new intraday high so keep it on the radar today.

BCON

Beacon Power Corp has broken resistance at 3.53 and is now in blue skies territory. The stock is just rippin so keep it on the trading radar.

BOOM

Dynamic Materials, Corp is acting well in early trading so keep it on your watchlist today.

VPHM

Viropharma, Inc. is rippin in pre-market this morning so keep it on the trading radar today.

WLDA

SAN FRANCISCO (MarketWatch) -- World Air Holdings Inc. after Monday's closing bell reported second-quarter net earnings of $4.2 million, or 16 cents a share, up 63% from $2.6 million, or 12 cents a share, in the year-ago period. Revenue at the Peachtree, Ga.-based passenger and cargo airline holding company rose to $172.6 million from $115.1 million last year. For the third quarter, the company expects revenue in the range of $195 million to $205 million.

Stocks Trading Up In Pre-Market

CUTR, VPHM, SPIR, GOOG, SNIC, WPCS, NWAC, ASEI, CWEI, PARL, WGAT, ARDI, TAYD, DAL, DCEL, KOMG, KONG, NGPS, ESLR, DSTI, WLDA, CMED, GLGC, and KLIC

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning include:
NWAC, and K

Stocks downgraded this morning include:
KMX, GTW, and VIVO

Budd Foxx

CAFE

Kirby Mclnerney & Squire have announced a class action lawsuit on behalf of all investors who purchased Host America Corp. securities between July 12th through July 22nd

Budd Foxx

Morning News

  • Futures are down a bit could see a lower open today.
  • July Industrial Production numbers due out today.
  • July Consumer Price Index this morning.
  • July Housing Starts 8:30 am.
  • 7.2 earthquake rocks Japan's main island. No fatalities have been reported, but 26 people have been injured.
  • Delta Airlines announced it will sell it's Atlantic Southeast Airlines for $425 million to SkyWest Inc.
  • JP Morgan to pay $350 million in cash to bankrupt Enron.
  • Crude Oil is slightly lower this am. just below $66.00 per barrel.
  • Gold is currently $445.80 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Abercrombie & Fitch Co. (ANF)
American Eagle Outfitters Inc. (AEOS)
BJ's Wholesale Club (BJ)
Books - A - Million Inc. (BAMM)
Deere & Company (DE)
Dick's Sporting Goods Inc. (DKS)
Home Depot Inc. (HD)
Hewlett Packard (HPQ)
JCPenney (JCP)
Nordstrom (JWN)
Wal-Mart Stores Inc. (WMT)

Budd Foxx

Monday, August 15, 2005

DSTI

Daystar Technologies, Inc. with SPIR reporting good earnings DSTI is up in sympathy in after-hours trading so keep it on the radar for Tuesday. MACD is looking bullish.

SPIR 2nd Quarter Results

  • Sales from operations increased 73% year to year.
  • Income from the sale of licenses was $6,320,000.
  • Earnings were $0.69 per basic share.
  • Cash is strong at $7.6 million, with no bank debt.

Stocks Trading up in After-Hours

SPIR, DAL, MIVA, SNIC, FLOW, JRVR, LEXR, GABC, ICST, and ZILG

WorldGate Releases 2nd Quarter Results

TREVOSE, Pa., Aug. 15 /PRNewswire-FirstCall/ -- WorldGate Communications, Inc. (Nasdaq: WGAT - News) today announced its financial results for the second quarter of 2005. The quarter was marked by the achievement of several milestones important for the commercial viability of our product. Key recent operating highlights during and subsequent to the second quarter include:

CUTR

Cutera, Inc. seems to be closing strong here and could be a momentum play. It appears the stock broke out of a triangle formation. Keep it on the trading radar as it could have a lot more upside.

XWG

Wireless Xcessories Group, Inc. seems to have turned the corner and might be turning up so keep it on the trading radar for a potential swing trade. Fast Stocastics is giving a buy signal.


XWG CHART

BIVN

Bioenvision Inc. has a decent tone to it and the stock just crossed over the 200 dma today keep it on the radar for a possible swing trade. MACD is looking bullish.

TMTA

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

BCON

Beacon Power Corp. is acting very well today so keep it on the radar this afternoon.

BCON CHART

ADSK

Autodesk, Inc. is acting very well in this down market so keep it on your watchlist for a potential swing trade.

GOOG CHART

MACD is starting to look bullish as the fast line is about to cross the slow line. The stock is also trying to get back to the 50 dma and we are hearing GOOG might get added to the S&P 500. The call options are another alternative. Posted by Picasa

FORD

Forward Industries, Inc. has a good tone to it today and just made a new intraday high so keep it on your watchlist this week.

CORT

Corcept Therapeutics, Inc. gapped up this morning and has pulled back a little bit so keep it on the radar this afternoon.

CUTR

Cutera, Inc. has a good tone to it today so put it on your watchlist this week.

BKHM

Bookham, Inc. is acting well today in this down market so keep it on the trading radar for a possible swing trade.

ABIX

Abatix Corp. has a good tone to it today so keep it on the trading radar for a possible swing trade.

RNAI

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

TZOO

Travel Zoo, Inc. looks like the shorts are covering as it just made a new intraday high so keep it on the radar for a possible short squeeze.

MTRX

Matrix Service Co. has a good tone to it today. MACD is bullish on a daily chart so keep it on the radar for a possible swing trade.

BCON

Beacon Power Corp just made a new intraday high so keep it on the radar this morning.

MIVA

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

LOW and HD

Lowes reported good earnings this morning and that news has brought Home Depot up as well. Keep both of these stocks on the radar today.

GEPT

GEPT received a 5 million dollar contract this morning so keep it on the radar today.

AAPL

Apple Computer, Inc. is ripping in pre-market on positive comments from Piper Jaffray so keep it on the trading radar today.

Stocks Trading Up In Pre- Market

LOW, HD, PACT, UHCP, RRGB, MIVA, BKHM, ELOS, MVCO, MDII, TASR, ATVI, OSIP, AAPL, PIXR, WBSN, NAPS, SVNT, BIDU, ELTK, LCRD, MAIN, CESV, INTV and XWG.

SIRI CHART

SIRI received nice support at the 50 dma, MACD is turning up and Full STO is giving a buy signal. Keep it on the radar for a possible swing or position trade. Posted by Picasa

Upgrades and Downgrades

Stocks upgraded this morning include:
PNC, and WBSN

Stocks downgraded this morning include:
AGM, and BBBY

Budd Foxx

Morning News

  • Futures are flat this morning could see a slightly higher open.
  • August NAHB survey this morning at 10 am.
  • August NY Federal Manufactoring Survey also today.
  • National average price for a gallon of gas reaches $2.50 per gallon.
  • Piper Jaffray has Apple Computer (AAPL) on the top of it's list when it comes to large cap stocks.
  • News Corp. (NEWS) in talks to purchase Blinkx, a privately owned search engine which specializes in video searches.
  • Credit Suisse First Boston has raised the price target on Consol Energy (CNX) to $75.00 from $62.00
  • Delta Airlines is reportedly setting up financing which would allow the company to file for bankruptcy.
  • British Airways has resumed all Domestic and European flights.
  • Crude oil remains above $66.00 currently $66.33 per barrel.
  • Gold has pulled back a bit currently $447.90 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Agilent Technologies Inc. (A)
Bob Evans Farms (BOBE)
Channel Comercial Corp. (CHNL)
Dobson Communications Corp. (DCEL)
Gateway Inc. (GTW)
Goldcorp. (GG)
KMG America Corp. (KMA)
Lowe's Companies (LOW)
Petrobras (PBR)
Sysco Corp. (SYY)
WorldGate Communications Inc. (WGAT)

Budd Foxx

Sunday, August 14, 2005

GIL

Gildan Activewear is golden stock picks free swing setup for Monday.

GIL CHART

SOHU CHART

SOHU closed above the 200 dma which is bullish. The stock is currently oversold but the fast line has crossed the slow line indicating a buy. Insiders are also buying. Posted by Picasa

Saturday, August 13, 2005

PARL CHART

PARL recently received nice support at the 50 dma. The MACD looks bullish on this daily chart. Keep it on the radar for a possible swing trade or position trade. Posted by Picasa

7 Stocks For Monday

Stocks fell Friday on disappointing guidance from Dell, a wider-than-expected trade deficit and record high oil prices.Oil crossed the $67 mark intraday and gasoline futures topped $2/gallon.Crude rose 7.3% this week. Airline stocks were hit on the higher energy news.
The trade deficit for June widened to $58.8 billion in June vs $55.35 billion in May. The bond market rally ended a 6-week decline. European Government bonds recorded their biggest weekly gain in two months after the US data was released. The yield spread between European and US treasuries is 1%, the highest since 2000. The average has been 0.39% for the past 10-years and was flat as recently as September 2004.

Seven Stocks For Monday

Friday, August 12, 2005

WSSI CHART

WSSI is a relatively new issue that acted well on Friday. The stock breaks overhead resistance at 17.10. MACD on a daily chart looks bullish. Keep it on the radar for a possible swing trade on Monday.Posted by Picasa

AAPL

Apple Computer, Inc. is really ripping so keep it on the radar this afternoon. MACD is looking bullish as the fast line is crossing the slow line. Looks like a good technical breakout for AAPL. Keep this stock on the radar next week as it could have more upside.

TWIN

Twin Disc, Inc. this is an oil stock that is only trading at 9 times earnings while most of the oil stocks are trading at 20 times earnings so it might be a little bit undervalued. It trades a little bit thin but might be a good longer term position trade.

SPIR CHART

SPIR is oversold and the stock has filled most the gap this morning. This stock is also close to the 50 dma so keep it on the radar. Posted by Picasa

PACT

Pacific Net Inc. just made a new intraday high and is acting well. Jon Tait The Fickle Trader alerted me last night that his software system kicked out PACT as a possible long candidate.

The Fickle Trader

MDII

MDI, Inc. is starting to perk up a little bit so keep it on the trading radar.

NT

Nortel Networks Corp has a good tone to it today so keep it on your watchlist.

SYNX

Synergx Systems, Inc. just made a new intraday high and is acting well so keep it on the radar.

LCRD

Lasercard Corp. yesterday the stock went down and filled the gap down to 8.24 and today the stock is back up so keep it on your trading radar for a possible swing trade.

LCRD CHART

SINA

Sina Corp has a good tone to it today and is a possible reversal candidate.

ANTP

Phazar Corp. looks like some of the shorts are covering as this stock just made a new intraday high so keep it on the radar for a possible short squeeze.

CPST

Capstone Turnbine Corp is acting well in this down market so keep an eye on this stock today.

TMTA

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

GEOI

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

INS

Intelligent Systems Corp has a decent tone in early trading so keep this stock on your radar.

IIJI

Internet Initiative Japan Inc. reported good earnings this morning and the stock is acting well so keep it on the trading radar.

BIDU

Baidu.com has a good tone in early trading so keep it on your watchlist today.

GMXR and GMXRW

GMX Resources, Inc. is acting very well in early trading so keep it on the trading radar today.

ELTK

Eltek Ltd. reported good earnings yesterday and the stock is rippin in pre-market so keep it on the trading radar today.

Stocks Trading Up In Pre-Market

ALTI, ELTK, TASR, NVDA, IIJI, HANS, SCIX, SOSA, STEN, GEOI, PSUN, SYNM, NCTY, COSI, COGO, DIOD, MTSX, VCLK and UTX.

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning include:
VNU, UTX, and TDS

Stocks downgraded this morning include:
CZN, AAP, and DELL

Budd Foxx

Morning News

  • Futures are pointing to a slightly lower open this morning.
  • June International Trade numbers out this morning at 8:30 am.
  • July Import Prices also to be released at 8:30 am.
  • British Airways has cancelled flights over a labor dispute. Reports are out that up to 70,000 people have been stranded due to the cancelled flights.
  • Dell Inc. (DELL) price target dropped by Deutsche Bank to $46.00 from $48.00
  • Boeing (BA) has recieved a $400 million order from Pegasus Aviation.
  • The dollar is down across the board this morning.
  • Crude Oil continues to climb currently just above $66.00 per barrel.
  • Gold has really been moving up currently just over $453.00 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Altair Nanotechnologies Inc. (ALTI)
Beacon Power Corp. (BCON)
Concurrent Computer Corp. (CCUR)
Internet Initiative Japan (IIJI)
Movie Gallery Inc. (MOVI)
Petrobras (PBR)
PetroHawk Energy Corp. (HAWK)
U - Store - It Trust (YSI)
Zi Corp. (ZICA)

Budd Foxx

Thursday, August 11, 2005

ELTK

  • Fourth consecutive quarter of year-over-year revenue growth
  • Revenue increased by 25 % year-over-year
  • Third consecutive quarter of profitability
  • Quarterly net income of $101,000 or $0.02 per share
  • Further reduction in bank debt
  • The stock traded up 21% in after-hours on the news

SLW

Silver Wheaton Corp. this is a silver stock that is acting well today. The stock has resistance up to 3.53. This is a possible longer term position trade and a newer issue.

ENG

En Global Corp. this stock is acting well today so keep it on your watchlist for a potential swing.

DSTI

Daystar Technologies, Inc. just made a new intraday high so keep it on the radar this afternoon.

ARRS

ARRIS Group Inc. if you look at a daily chart you will see the stock went down and filled the gap.
This security just made a new intraday high so keep it on the radar for a possible swing trade.

MDII

MDI, Inc. we are starting to see some action in this stock so keep it on the radar this afternoon.

Naked Short List

Here is a listing of stocks on the naked short list as of yesterday.

Naked Short List

BKHM

Bookham, Inc. is once again acting well so keep this stock on your trading radar.

CRUDE OIL

Crude oil has climbed to $66.00 per barrel, gasoline prices have also reached new highs.Keep those oil and gas stocks on the radar.

Budd Foxx

BCON

Beacon Power Corp is starting to move back up again so keep it on the radar this afternoon.

GEOI

GEOI is starting to perk up as it just made a new intraday high so keep it on the radar.

MORN

Morning Star Inc. has a very good tone to it today so keep it on your trading radar.

MCEL

Milleninium Cell, Inc. has a good tone to it today so keep it on your watchlist for a longer term position trade.

BIDU

Baidu.com is starting to rip so keep it on your watchlist today.

GMXR and GMXRW

GMX Resources, Inc. this stock and the warrants continue to act well so keep them on the trading radar today.

Top Performers

RFX/VTS/SLH/TOM/TOMO

FORD

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

CPST

Capstone Turbine Corp has a good tone in early trading so keep it on your watchlist. Yesterday the stock went down and filled the gap down to the 2.70 range.

IPII

Imperial Industries, Inc. has a decent tone in early trading so keep it on your watchlist today.

JADE

LJ International Inc. is acting well in early trading so keep this stock on the trading radar.

Budd Foxx

IFO

InfoSonics Second Quarter Revenue Increases 84% to $32.5 Million, While Net Income Improves by 78%

ADSX

FAA Approves Digital Angel's New Satellite Transceiver-CommPoint 3 (CP3) and the stock is trading up in pre-market so keep it on the radar today.

BCON CHART

Yesterday BCON filled the gap down to the 2.35 range and today the stock is rippin in pre-market so keep it on the trading radar today. Posted by Picasa

Stocks Trading Up In Pre- Market

MXIM, GLNG, DYAX, GSX, QLGC, STKL, BCON, IPII, OATS, ISON, OPTC, CNVR, OSTK, CVTX, ABLE, YHOO, MPET, GEOI, JMDT, GMXR, TOMO, SLXP, GTSI, FSTC, LCRD, MSON, and NWD

Budd Foxx

Upgrades and Downgrades

Stocks recieving upgrades include:
DA, COT, CTCO, UST, AL, ADI, KMB, RGA, PIR, KSS, GSX, and VSEA

Stocks downgraded include:
INTC, FSL, BXP, and NVLS

Budd Foxx

Morning News

  • Futures are pointing to a higher open this morning.
  • June Business Inventory numbers today at 10 am.
  • July Retail Sales this morning at 8:30 am.
  • Weekly Jobless Claims also this morning at 8:30 am.
  • Yahoo Inc. (YHOO) has announced a $1 billion deal with Alibaba.com This will give (YHOO) a 40% stake in the company.
  • Glaxo Smith Kline (GSK) has recieved an order for 1.7 million doses of it's influenza drug Relenza from the German government.
  • Ford Motor Co. (F) looking to increase it's 30% stake in China's commercial vehicle maker Jiangling Motors Corp.
  • Crude Oil has reached yet another record going above $65.00 a barrel. Currently oil has pulled back some holding at $64.50 range per barrel.
  • Gold is up as well this morning currently $443.70 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Analog Devices Inc. (ADI)
Bema Gold Corp. (BGO)
Briggs & Stratton Corp. (BGG)
Chesapeake (CSK)
Cree Inc. (CREE)
Dell Inc. (DELL)
First Marblehead Corp. (FMD)
Four Seasons Hotels (FS)
Internet Initiative Japan (IIJI)
Kohl's (KSS)
Pep Boys (PBY)
SRS Labs (SRSL)
Target Corp. (TGT)
Urban Outfitters (URBN)

Budd Foxx

Wednesday, August 10, 2005

RMK

Aramark Corp. is golden stock picks free swing setup for Thursday.

RMK CHART

Stocks Trading up in After-Hours

BCON/IOTN/MKTX/RNDC/SIMO/CVTX/MDY

TOM/ATRC/NGEN/GGXY/PLSB

MDII

MDI, Inc. has turned around a little bit so keep it on the trading radar. The stock also traded up in after hours today.

BTHS

BENTHOS, INC. (NASDAQ: BTHS - News) today reported financial results for the third quarter and first nine months of fiscal year 2005 ended June 30, 2005. Net sales for the quarter were $6,698,000, a record for net sales in a fiscal quarter at Benthos and an increase of 16.6% from net sales of $5,746,000 in the third quarter of fiscal year 2004.

NWD

New Dragon Asia Corp just made a new intraday high so keep it on the radar this afternoon. Looks like the stock broke out of a bull flag on a daily chart.

IFO

Infosonics Corp. has a good tone to it today so keep it on the radar. Possible bull flag on the daily chart. The company reports earnings tomorrow.
IFO CHART

SCLN

Sciclone Pharmaceuticals, Inc. received support down at the 50 dma which is generally a good sign so keep this stock on the radar for a possible swing trade.

LMIA

Last night we profiled LMIA on The Visual Trader our sister site and today the stock is rippin so make sure you check The Visual Trader for additional stock picks.

LMIA CHART

CPTS

Conceeptus Inc. has a good tone to it today and is a possible swing trade. Have a look at a chart on this stock.

CPTS CHART

NTGR

Netgear, Inc. has a good tone to it today and is a possible swing trade so keep it on the trading radar this week. The stock is in blue skies territory and the MACD is bullish.

FORD

Forward Industries has a decent tone to it today so keep it on the radar for a possible swing trade.

NTRI

Nutrisystem Inc. the stock just made a new intraday high and is once again acting well so keep it on the radar for a possible swing trade.

NEOL

Neopharm, Inc. has a good looking chart and is a possible swing trade so keep it on your watchlist this week.

XING

Qiao Xing Universal Telephone Inc. is acting very well today so keep it on the trading radar.

BKHM

Bookham Technology is acting well today and has a good looking chart so keep it on the radar for a possible swing trade.

XWG

Wireless Xcessories Group, Inc. just made a new intraday high and the stock has a good tone so keep it on the trading radar today.

GMXR

GMX Resources, Inc. has a good tone to it today so keep it on the radar for a possible swing trade.

Top Performers

FWLT/IMCO/CELL/CKCM/CHT

RMTI

Rockwell Medical Technologies, Inc. has a very good tone in early trading so keep it on the radar today.

TMTA

Transmeta Corporation reported good earnings yesterday and the stock is rippin in pre-market so keep it on the radar today.

Stocks Trading Up In Pre-Market

TMTA, RMTI, CKCM, BIDU, QCOM, MSTR, OVTI, ILSE, SEPR, MLEA, ASMI, ACTI, BKHM, CELL, VRTX, AMPX, PALM, CCUR, and GMXR

Budd Foxx

Upgrades and Downgrades

Stocks recieving upgrades this morning include:
STR, DPH, STM, and TMTA

Stocks downgraded this morning include:
FCS, FOSL, and AMZN

Budd Foxx

Morning News

  • Futures are pointing to a higher open this morning.
  • July Federal Budget today at 2 pm.
  • Oil inventories will be released at 10:30 am today.
  • China has disclosed composition of currency basket used to set the Yuans value, mainly including U.S.Dollar, EURO, YEN, and the Korean Won.
  • The U.S. dollar is weak this morning against most major currencies.
  • Unocal (UCL) shareholders set to approve takeover by Chevron (CVX)
  • Res Med Inc (RMD) it's board has approved a 2 For 1 stock split to be distributed on September 30th.
  • Oil is $63.51 per barrel currently, with all eyes on that inventory report.
  • Gold is currently just over $441.00 up slightly due to slightly weaker dollar this am.
Budd Foxx

Earnings

A few of the companies reporting today.

Advance Auto Parts (AAP)
Amerco (UHAL)
Capstone Turbine (CPST)
Cavalier Homes (CAV)
Federated Department Stores Inc. (FD)
Hummingbird (HUMC)
Lazard LTD (LAZ)
Mittal Steel Company (MT)
Momenta (MNTA)
URS Corp. (URS)
W & T Offshore Inc. (WTI)
William Lyon Homes (WLS)
World Fuel (INT)

Budd Foxx

Tuesday, August 09, 2005

LOW and HD

Lowes and Home Depot, Inc. both look like possible swing trades. HD received good support at the 50 dma and that is a generally a very good sign.

Stocks Trading Up In After Hours

ACTI, ADAT, CHRD, ZUMZ, CDCY, PVLS, JADE, VLGC, SNHY, SGDE, and TMTA

Budd Foxx

DIS

Walt Disney Co. reported net income of $851 million or 41 cents a share, compared to $604 million or 29 cents a share a year ago. Revenue was $7.71 billion versus $7.47 billion. The company also recieved a favorable judgement on a lawsuit over the severance package paid to former executive Michael Ovitz. The stock is trading up in after hours trading.

Budd Foxx

CSCO

Cisco Systems Inc. earned $1.54 billion or 24 cents a share, up from $1.38 billion or 20 cents a share a year ago. Sales were up 11% to $6.58 billion slightly above expectations. As I post this the stock has just gone red. Forward guidance may be an issue here with the confrence call taking place now.

Budd Foxx

TMTA

Transmeta Corp. reported after bell the tonight , and is trading up in after hours trading.The company reported net revenue of $24.7 million. Net income was $6.8 million or 4 cents per share. Possitive cash flow of $4.8 million. The company also raised cash guidance to $47 million at 2005 fiscal year end.

Budd Foxx

UHCO

Universal American Financial Corp is acting very well today as the stock has just made a new intraday high so keep it on the radar for a possible momentum play.

MNTA

Momenta Pharmaceuticals, Inc. just made a new intraday high so keep it on the trading radar the rest of the afternoon.

RVP

Retractable Technologies, Inc. has a great tone to it today so keep it on the radar this afternoon.

XWG

Wireless Xcessories Group, Inc. the stock has been down a lot of days in a row and could be a buy very soon. I would certainly be a buyer if it can get support at the 50 dma.

TTES

T3 Energy Services, Inc. has a good tone to it today so keep it on the radar. The stock breaks overhead resistance at 13.

HOKU

Hoku Scientific Inc. another IPO that started trading today so keep it on the radar.

GORX

Geopharma Inc. yesterday the stock went down and filled the gap and today the stock is acting well so keep it on your trading radar.

RUTH

Ruth's Cris Steak House, Inc. is an IPO that began trading today so keep it on your watchlist.

AAPL

Apple Computer, Inc. is acting well today so keep it on the radar for a possible swing trade or position trade. MACD on a daily chart is starting to look bullish.

AAPL CHART

LCRD

Lasercard Corp is acting well today so keep it on the trading radar.

NURO

Neurometrix, Inc. has a good tone to it and a good looking chart. Keep it on the radar for a possible swing trade. MACD on a daily chart looks bullish.

NURO CHART

Fed May Be More Wary of Inflation

Federal Reserve Chairman Alan Greenspan and his colleagues at the U.S. central bank may have another reason to keep raising interest rates: a pickup in jobs and wages that threatens to spark inflation.

DSTI and DSTIZ

Daystar Technologies Inc. has a good tone to it today as well as the warrants DSTIZ. Keep the warrants on the radar today as they have been extended.


DSTI NEWS

ELN

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

CUTR

Cutera Inc. has a good tone to it today so keep it on the radar for a possible swing trade.

HANS

Hansen Natural Corp. has split today and it looks like the stock is trying to fill the morning gap. Keep it on the trading radar today.

Top Performers

LOJN/TWTR/SONS/ASFI/SLXP/NT

BIIB

Biogen Idec, Inc. is acting well on the news with ELN so keep it on the trading radar today.

BIDU

Baidu.com remains hot so keep it on the trading radar today.

BOOM

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

ELN

Elan Corp. stock is rippin in pre market trading due to a safety evaluation of Tysabri. The study revealed no new cases of the fatal disease which has troubled this drug in the past.

MORE NEWS on ELN

Budd Foxx

Stocks Trading Up In Pre-Market

SONS, GOOG, CPST, BIDU, BIIB, NFLX, OLGR, MACE, RTLX, HANS, GEOI, PDLI, GKIS, FLEX, IIVI, NNDS, PLUG, CMTL, LCRD, GEPT, INCX, GKIS, RACK, LOJN, SYKE, MATK, ISPH, RITA, ELN, and HOMS

Budd Foxx

SONS

Sonus Networks has been upgraded this morning by Legg Mason to a Hold from a Sell. The company reported earnings last night after the bell. The company saw second quarter profits nearly doubled and the stock was trading up in after hours trading.

Budd Foxx

Upgrades and Downgrades

Stocks recieving upgrades this morning include:
GTI, HEW, DCG, AMD, and SONS

Stocks downgraded this morning include:
ADCT, AMGN, OSUR, LABS, and VC

Budd Foxx

Morning News

  • Futures are up this morning could see a slightly higher open.
  • June Wholesale Trade data this morning at 10:00 am.
  • Preliminary Q2 Productivity and Cost report at 8:30 am.
  • It is all about the FOMC meeting today. The Federal Reserve is expected to raise rates today.Many economists expect the Fed will remain on it's measured pace of hikes at least through the end of the year.
  • Space Shuttle to make landing this morning in California. Weather issues in Florida has forced the landing to take place at 8:11 am at Edwards Airforce Base.
  • Ford Motor Company (F) to cut up to 25% of sales and marketing staff in an effort to cut costs.
  • Yahoo (YHOO) to expand it's search engine index to include 20 billion documents and photos.
  • Crude Oil has pulled back of the morning highs which did reach $64.00 per barrel. Currently oil is $63.72 per barrel.
  • Gold has also pulled back a bit currently just under $440.00 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Applied Industrial Technologies (AIT)
Berry Petroleum Company (BRY)
Brightpoint Inc. (CELL)
Cisco Systems (CSCO)
Clear Channel Communications (CCU)
E-Loan (EELN)
EchoStar Communications Corp. (DISH)
Gold Kist Inc. (GKIS)
Hansen Natural (HANS)
LoJack (LOJN)
Memory Pharmaceuticals Corp. (MEMY)
Panera Bread (PNRA)
Polo Ralph Lauren Corp. (RL)
Scan Soft Inc. (SSFT)
Sirna Therapeutics (RNAI)
Tarragon Corp. (TARR)

Budd Foxx

PVX

Provident Energy is golden stock picks free swing setup for Tuesday.

PVX CHART

Monday, August 08, 2005

FIVE INTERESTING CHARTS

CERS/LCRD/NGS/ENTU/SGRP

GOOG CHART

GOOG is sitting right a the 50 dma but still has a gap to fill down to 266. If GOOG can bounce off the 50 dma again I would be a buyer. If it breaks support it could go down and fill the gap at 266 and go back in oversold territory. Posted by Picasa

Sonus Networks 2Q Profit Nearly Doubles

Sonus Networks, Inc. (SONS) a provider of infrastructure solutions for wireless service providers, in after hours said its second quarter profit nearly doubled, boosted by increased demand for its voice over internet protocol products.

The Boiler Room Message Board

We post additional stock picks in the Boiler Room Message Board and on our sister site The Visual Trader. Feel free to post your stock picks in The Boiler Room.

The Visual Trader

Stocks Trading up in After-Hours

SONS, LINK, LCRD, SOSA, STEC, ITNM, EPIC, ISIS, ZIXI and COMS

ITRI

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

ORBT

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

CPST

Capstone Turbine Corp had a lot of momentum earlier so keep it on the trading radar.

PACT

Pacific Net Inc. is heating up here so keep it on the trading radar.

Budd Foxx

SYBR

Synergy Brands, Inc. has a decent tone to it so keep it on the radar this afternoon.

VC

Visteon Corp. after reporting earnings today is acting very well. The stock is making new highs on the day so keep this stock on the trading radar.

Budd Foxx

DSTI

Daystar Technologies Inc. seems to be heating up a bit so keep it on the radar.

Budd Foxx

Crude Oil

Oil continues to climb today currently oil is $63.30 per barrel. Keep those oil and gas stocks on the radar.

Budd Foxx

Top Performers

MVCO / LABS / CPST / NT / DGX

MCEL

Millenium Cell, Inc. has a good tone in early trading so keep it on the radar for a possible longer term position trade.

ADSK

Autodesk Inc. is acting well in early trading today so keep this stock on the trading radar.

Budd Foxx

NTRI

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

BIDU

Baidu.com, Inc. continues to rip from Friday's IPO session so keep it on the trading radar today.

MNTA

Momenta Pharmaceuticals, Inc. is acting well in early trading so keep it on the trading radar today.

REDF

Rediff Com India Ltd. has a good tone in early trading so keep it on your radar today.

BCON

Beacon Power Corp. is trading up in pre-market this morning so keep it on your watchlist today.

Nortel Networks' 2Q Profit Nearly Triples

Nortel Networks Corp., the Canadian telecommunications-equipment maker struggling to recover from an accounting scandal, said Monday its second-quarter profit nearly tripled as revenue increased.

Stocks Trading Up In Pre-Market

BIDU, NT, STV, YHOO, VTIV, BCON, JDSU, MNTA, VDSI, LABS, SINA, GEOI, KNDL, CHIR, SNDK, MVCO, ALTH, BEBE, SYNC, DFIB, AAUK, DWSN, EBAY, MRCIY, PSRC, ARRY, and MEMY

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning include:
WGR, AGIL, WW, and JDSU

Downgraded this morning include:
FTO, and WPO

Budd Foxx

Morning News

  • Futures are pointing to a higher open this morning.
  • The Federal Reserve will be gathering on tuesday, and is expected to continue to raise interest rates.
  • NASA has delayed the landing of the Shuttle until tuesday, weather called for rain and storms in the area.
  • Long time ABC anchorman Peter Jennings has died at the age of 67.
  • Cisco Systems (CSCO) looking to increase it's wireless infrastructure technology. The company could be looking to purchase Nokia (NOK).
  • Crude Oil futures have reached a new record of $62.89 per barrel. Currently oil is $62.69 per barrel.
  • Gold is currently $442.70 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Arch Chemicals Corp. (ACF)
Boykin Lodging Company (BOY)
CenterPoint Energy (CNP)
Cimarex Energy Company (XEC)
Click Commerce Inc. (CKCM)
Faro Technologies (FARO)
Forest Oil Corp (FST)
GulfMark Offshore (GMRK)
LabOne (LABS)
Nortel Networks (NT)
NovAtel (NGPS)
Priceline.Com (PCLN)
Sciclone Pharmaceuticals Inc. (SCLN)
Visteon Corp. (VC)
WCI Communities Inc. (WCI)

Budd Foxx

Saturday, August 06, 2005

SNDA CHART

SNDA has an improving chart so keep this stock on the radar as the MACD looks bullish and volume has been above average on this upward move. Posted by Picasa

GBND

General Building is golden stock picks free swing setup for Monday.

GBND CHART

CZN

Citizen Comm Co. is the trader hr free weekly swing setup for Monday.

CZN CHART

DSTI CHART

Daystar Technologies is currently oversold and the stock is sitting at the 50 dma. If the stock can get support at the 50 dma this could be a buying opportunity. Posted by Picasa

RISE & SHINE WITH THE MARKET

Traders have a tough time interpreting premarket news and the impact it will have on the upcoming session. But the process of digesting early morning data isn't as hard as you think.
Start with a filtering mechanism that organizes the news into natural categories. The primary focus must be on news that affects your open positions. Upgrades, downgrades and earnings reports trigger volatile spikes that hurl positions well above or below closing prices. Watch to see how other players are responding to these developments in the premarket.

RISE & SHINE WITH THE MARKET

CAFE NEWS

Host America Corporation was notified by The Nasdaq Stock Market ("Nasdaq") that based on a review of public documents and information provided by Host to Nasdaq related to the issuance of a July 12, 2005 press release, the Staff of Nasdaq Listing Investigations and Listing Qualifications has determined that Host no longer qualifies for inclusion in the Nasdaq Stock Market and that its securities are therefore subject to delisting. Nasdaq Marketplace Rules 4300 and 4330(a)(3) provide the Staff with broad discretionary authority to deny continued inclusion of securities in order to maintain the quality of, and the public's confidence in, The Nasdaq Stock Market. Accordingly, Nasdaq has informed Host that its securities will be delisted from Nasdaq at the opening of business on August 16, 2005, unless Host requests a hearing in accordance with the Marketplace Rule 4800 Series.

Host will request a hearing before a Nasdaq Listing Qualifications Panel to review the Nasdaq Staff determination. Any such hearing request will stay the delisting of Host's securities pending the Panel's decision

Friday, August 05, 2005

TKLC

Tekelec is acting well today so keep it on your trading radar for a possible swing trade. The stock is now trading above the 200 dma which is bullish.

Budd Foxx

Blastoff for BIDU

Baidu.com (BIDU) is up about 200% over its IPO price of $27 a share. The stock opened at $66 and is now trading at $79.74. If the gains hold, it'll be the biggest opening day gain in the IPO market in years.
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