Saturday, December 31, 2005
Friday, December 30, 2005
BMD
ENER
Budd Foxx
Stocks Trading Up In Pre-Market
Budd Foxx
Morning News
- Futures are pointing to a flat to lower open this morning.
- Today is the last trading day of 2005.
- Google Inc. being sued over alleged infringement of Voice Over IP Technology patents.
- Citigroup bids 3 billion for stake in Chinese bank.
- Bank of America to close out 35 billion dollar deal with MBNA over the weekend.
- Goldman Sachs Group Inc. was the top technology dealmaker in 2005. The company was involved in 29 M&A deals.
- Crude Oil is $59.94 per barrel.
- Wholesale Gasoline is $1.64 per gallon.
- Natural Gas currently $11.06 per unit.
- Gold is $515.60 per ounce.
Thursday, December 29, 2005
FFIV
HNT
SUF
OIL Inventories
Gasoline saw a decline of 1.2 millon
Distillates a decline of 900,000
Natural Gas was down a bit more than expected 162 billion cubic feet.
Budd Foxx
Jobless claims inch higher to 322,000
Stocks Trading Up In Pre-Market
Budd Foxx
Morning News
- Futures are pointing to a flat open this morning.
- Weekly Jobless Claims to be released today.
- November Existing Home sales to be released this morning.
- Oil Inventories and Natural Gas supplies to be released at 10:30 this morning.
- Hilton Hotels Corp. near multi-billion dollar deal to buy international Hilton brand.
- After the bell yesterday Delta Airline pilots agreed to a temporary 14% pay cut.
- Iran Oil Minister saying OPEC should consider cutting production.
- Oregon man pleads guilt in launching computer attack on eBay.
- Crude Oil is $59.66 per barrel.
- Wholesale Gasoline is $1.59 per gallon.
- Natural gas is up to $11.49 per unit.
- Gold remains strong at $520.10 per ounce.
Wednesday, December 28, 2005
PD
WYNN
WYNN CHART
FRG
FRG CHART
AAPL
ENER
Budd Foxx
Stocks Trading Up In Pre-Market
Budd Foxx
Morning News
- Futures are pointing to a flat to slightly higher open.
- December Consumer Confidence to be released this morning.
- NYC union transit workers reach contract agreement with the Metropolitan Transportation Authority.
- Ex Enron Chief Accountant Richard Causey has struck a plea bargain with prosecutors, and will now testify against Kenneth Lay, and Jeffrey Skilling.
- DiamlerChrysler has agreed to sell it's off highway unit for $1.9 billion.
- Late yesterday Celgene reported the Food and Drug Administration has given approval for it's drug Revlimid. The company also announced a new CEO, and a stock split.
- Crude Oil is currently $58.08 per barrel.
- Wholesale Gasoline is $1.51 per gallon.
- Natural Gas reached 4 month lows yesterday and is now $11.00 per unit.
- Gold is currently $511.50 per ounce.
Tuesday, December 27, 2005
Intraday High Volume Gainers
Intraday High Volume Gainers
BMD
Fickle Trader Watchlist
Fickle Trader Watchlist for 12/27/05
DXPE
IBM
SUF
BOOM
Stocks Trading Up In Pre-Market
Budd Foxx
Sirius Tops 3 Million Subscribers
NEW YORK (AP) -- Satellite radio provider Sirius Satellite Radio Inc. said Tuesday it recently topped more than 3 million subscribers to its service and expects a strong finish for the year.
Sirius sells more than 120 channels of commercial-free music, talk shows and other programming to subscribers. The company, which recently launched a Martha Stewart channel and agreed to a multimillion deal with Howard Stern, didn't provide additional information about its subscriber count or expectations for the year in its statement Tuesday.
Rival XM Satellite Radio Holdings Inc. has more than 5 million U.S. subscribers.
Upgrades and Downgrades
SKS, RGEN, and BBBY
Downgraded this morning:
ACS
Budd Foxx
Morning News
- Futures are pointing to a flat to slightly higher open.
- Richard Causey ex-Enron Chief Accounting Officer expected to enter guilty plea as early as wednesday.
- Boeing lands another deal in Russia worth $2.2 billion.
- Opec to decide at the end of Jan. on production cuts.
- Spending Pulse a retail sales data service from Mastercard reports an increase of 8.7% in holiday spending above 2004 levels.
- Samsung Electronics Co. in talks with Sony Corp. to supply NAND flash memory chips.
- Mayor of New York City Micheal Bloomberg estimates last week's transit strike cost bussinesses $1 billion in revenue.
- Seven & I Holdings Co. to pay $1.13 billion for department store operator Millenium Retailing Inc.
- Crude Oil is $57.88 per barrel.
- Natural Gas is currently $11.44 per unit.
- Wholesale Gasoline is $1.53 per gallon.
- Gold remains above $500.00 currently the price is $509.10 per ounce.
Monday, December 26, 2005
PETS IBD 100 Placement
Thanks Michael for notifying me about PETS and its placement in the IBD 100 next week.
"Today I am alerting you that PETS (Nasdaq) will be going in the next IBD 100 list, which is due out in Tuesday’s (December 27) paper markets are closed on Monday.
PETS currently has a public trading float of 16.6 million shares. Out of which, over 11% are shorted. Please note: The insider sales since August 2005 have mostly been pre-planned sales. Since those have started, the stock has gained 50%, so this should not be looked as a near-term negative.
Friday, December 23, 2005
SUF
SulphCo has developed a patented safe and economic process employing
ultrasound technology to desulfurize and hydrogenate crude oil and other
oil related products. The company's technology upgrades sour heavy
crude oils into sweeter, lighter crudes, producing more gallons of usable
oil per barrel.
IBM
MOVI
CUP/ Copper Stocks
Briefing.com
Stocks Trading Up In Pre-Market
Budd Foxx
Morning News
- Futures are pointing to a flat open this morning.
- Data on Durable Goods to be released today.
- New York City transit strike is over, contract negotiations to continue.
- California jury awards $172 million to 116,00 Wal Mart employees whose lunch break rights were violated. Wal Mart plans to appeal this verdict.
- Ford motor company reaches health care deal with United Auto Workers which will save the company nearly $1 billion a year.
- International Bussiness Machines and Siemens AG reportedly close to landing deal to upgrade information technology of the German military.
- Singapore Air reportedly to pick Boeing for $10 billion contract.
- Crude Oil is currently $58.07
- Wholesale Gasoline is $1.53 per gallon.
- Natural Gas has pulled back to $12.50 per unit.
- Gold is $505.00 per ounce.
Thursday, December 22, 2005
OSIP
CUP
CUP CHART
One Week High Volume Gainers
Intraday High Volume Gainers
BMD
BMD CHART
AAPL
GOOG
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
CXW, RIG, ATYT, STX, PLCM, BMET, TWP, and WDC
Stocks downgraded this morning include:
PAYX, WDC, KOMG, and FBR
Budd Foxx
Morning News
- Futures are flat this morning pointing to a slightly higher open.
- Natural Gas Inventories to be released today.
- November Personal Spending to be released as well today.
- Weekly Jobless Claims also today.
- OPEC likes oil in the $45.00 to $55.00 dollar range and may cut output next month if demand weakens.
- European Commission telling Microsoft it faces daily fines if the company doesn't do more to comply with it's antitrust punishment.
- U.S Mortgage Applications fall to 11 month lows.
- Albertson's Inc. terminates talks with group that offered $9.6 billion for the supermarket.
- New York's transit strike enters third day. Management and Union leaders are meeting today.
- Crude Oil is up a bit this morning to $59.23 per barrel.
- Wholesale Gasoline is currently $1.55 per gallon.
- Natural Gas is $14.21 per unit.
- Gold is $498.30 per ounce.
Earnings
A.G. Edwards (AGE)
American Greetings Corp. (AM)
Applied Signal Technology (APSG)
Cintas Corp. (CTAS)
ConAgra Foods (CAG)
General Mills Inc. (GIS)
Global Payments Inc. (GPN)
Nobility Homes (NOBH)
Solectron (SLR)
Budd Foxx
Wednesday, December 21, 2005
DRIV
WIND
HAUP
BMD
IBM
AAPL
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
Upgraded: PLD, USPI, and ABS
Downgraded: NXTP
Budd Foxx
Morning News
- Futures are up pointing to a higher open this morning.
- Weekly Oil Inventories to be released this morning.
- Commerce Dept. to release final 3rd quarter GDP data today.
- Google Inc. and Time Warner's unit AOL make it official Google Inc. will pay $1 billion for 5% stake in the company.
- General Electric and partners in talks to buy Ardin Realty Inc.
- Kirk kerkorian sells 12 million GM shares taking his stake in the company to just under 8%
- Calpine Corp. files for Chapter 11 Bankruptcy Protection.
- Transit Strike in New York City continues today Mayor of the city said the strike cost the city up to $400 million dollars a day.
- Crude Oil is currently $58.30 per barrel.
- Wholesale Gasoline is $1.51 per gallon.
- Natural Gas Inventories will be released on Thursday morning current price is $14.10 per unit.
- Gold pulls back a bit to $496.20 per ounce.
Earnings
Actuant Corp. (ATU)
ATI Technologies (ATYT)
Bed Bath & Beyond Inc. (BBBY)
Biomet Inc. (BMET)
CarMax Inc. (KMX)
Cognos (COGN)
Commercial Metals Company (CMC)
Family Dollar (FDO)
FedEx (FDX)
Finish Line (FINL)
Herman Miller (MLHR)
Joy Global Inc. (JOYG)
Paychex (PAYX)
Red Hat Inc. (RHAT)
Research In Motion Limited (RIMM)
Budd Foxx
Tuesday, December 20, 2005
HANS
Stock Consultant
Stock Consultant
AMGN
ANF
LLL
LLL CHART
ISRG
PLAY
STN
STN CHART
DNA
Budd Foxx
AAPL
PTEK
PTEK CHART
FFIV
GOOG
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
Upgrades: EPIC, BDK, CEG, and CTC
Downgrades: DIOD, and RAI
Budd Foxx
Morning News
- Futures are up this morning ahead of the data on wholesale level inflation.
- New York City transit strike haults subways and buses around the city forcing up to 7 million people to find other ways around the city.
- Wal-Mart Stores Inc. revealed a new criminal probe by the U.S. Attorney in LA. over violations of the Resource Conservation and Recovery Act.
- Carl Icahn telling Time Warner's board that allowing Google Inc. a 5% stake in AOL would only stand in the way of more lucrative deal.
- Flow International chosen to supply multiple waterjet cutting systems to SanDisk Corp.
- American International Group looking to purchase property in Tokyo for as much as $3.4 billion.
- Honda Motor Company expects 2005 global vehicle sales to be up by 5% over the previous year.
- Boeing has landed another contract for as many as 30 to 40 aircraft over the next 5 years.
- Crude Oil is $57.53 per barrel.
- Wholesale Gasoline is currently $1.53 per gallon.
- Natural Gas right around $14.00 per unit.
- Gold is up just a bit this morning to $509.90 per ounce.
Earnings
Christopher & Banks (CBK)
FactSet Research Systems (FDS)
Flow International (FLOW)
FSI International (FSII)
Intervoice (INTV)
Jabil Circuit Inc. (JBL)
Morgan Stanley (MWD)
Nike (NKE)
Palm Inc. (PALM)
Progress Software Corp. (PRGS)
Budd Foxx
Monday, December 19, 2005
ELON
ELON CHART
HAUP
NTES
Budd Foxx
NTRI
Budd Foxx
TFSM
AAPL
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
KLIC, ATYT, ABS, FLEX, MRK, JWN, and TEK
Stocks downgraded this morning include:
SLAB, RFMD, CRR, CRM, SLB, ISIL, BRCM, AMD, TXN, and RSH
Budd Foxx
Morning News
- Futures are pointing to a slightly higher open this morning.
- The Lundberg Survey shows retail gas prices rose 8 cents nationwide over the past couple of weeks. This is the first rise in over three months.
- Time Warner Inc. in talks to sell 5% stake in it's AOL unit to Google Inc. for $1 billion.
- FPL Group and Constellation Energy confirm merger deal.
- Pfizer Inc. wins patent dispute with Ranbaxy Laboratories LTD over Lipitor. A judge ruled in favor of Pfizer late on friday.
- Two New York City bus lines shut down which serves nearly 50,000 commuters. A full citywide strike is threatened by tuesday.
- Crude Oil is currently $58.52 per barrel.
- Wholesale Gasoline is $1.56 per gallon.
- Natural Gas is $14.03 per unit.
- Gold is up a bit this morning to $510.20 per ounce.
Sunday, December 18, 2005
Saturday, December 17, 2005
EFFECTIVE MARKET TIMING
Many folks believe good chart-reading automatically leads to profitable trading. Unfortunately, this isn't true. While technical analysis and trading are interrelated skills, chart-reading requires no capital or emotional commitment. In contrast, real-life trading places both of these elements at risk in an unforgiving environment.
I publish hundreds of trade setups each month. But none of these ideas will put money in your pocket without good timing. It's a critical error to enter a trade just because it has a pretty chart. The opportunity comes only when you can discover and capitalize on the setup's timing signals.
Friday, December 16, 2005
GOOG
CAT
PETS
ANST
ANST CHART
Stocks Trading Up In Pre-Market
Budd Foxx
Spotting the next super-stocks
Upgrades and Downgrades
WRE, RF, CMS, DRI, SLNK, EFD, CBE, and UTX
Stocks downgraded this morning include:
AMKR, TER, CTSH, XMSR, SIRI, OSUR, NST, ORCL, NCX, OS, VRNT, and DRS
Budd Foxx
Morning News
- Futures are pointing to a slightly higher open this morning.
- Investment Group consisting of Cerberus Group, Kimco Realty, and Supervalue Inc. likely to win auction for Albertsons for $9.6 billion.
- BellSouth Corp. to cut 1,500 jobs mostly management positions.
- Former HealthSouth Corp. CEO Richard Scrushy suing the company for more than $70 million.
- Transit workers in NYC report to work this morning. Fears were the transit workers would begin a strike today have been delayed as Union leaders and the Transit Agency continue talks.
- Today is the last day on regular radio for Howard Stern. He will now be heard on Sirius Satellite Radio beggining in Jan.
- Crude oil continues to pull back currently $59.57 per barrel.
- Wholesale Gasoline is $1.59 per gallon.
- Natural Gas has really pulled back here to $13.50 per unit.
- Gold is up slightly this morning to $507.80 per ounce.
Thursday, December 15, 2005
FORD
FCEL
FCEL CHART
TFSM
TFSM CHART
BMD
Top Performers
Stocks Trading Up In Pre-Market
Budd Foxx
AAPL
Budd foxx
Upgrades and Downgrades
SNDK, ADCT, CENX, TV, ATRS, AVT, CEN, KEY, NU, BARI, and IMMU
Stocks downgraded this morning include:
CAI, TIER, CRL, ANT, DT, SRCL, GLAD, and BR
Budd Foxx
Morning News
- Futures are pointing to a flat to slightly weaker open this morning.
- Natural Gas Inventories to be released at 10:30 this morning.
- December Philidelphia Fed survey to be released at noon today.
- November Industrial Production out at 9:15 this morning.
- November Consumer Price Index to be released before the open today.
- Weekly Jobless Claims also to be released before the open today.
- Late yesterday Activision Inc. slashed it's profits and sales forcast for the current quarter and remainder of it's fiscal year.
- Amgen Inc. to acquire Abgenix Inc. for $2.2 billion in cash and the assumption of dept.
- General Dynamics Corp. to acquire Anteon International Corp. for $2.1 billion.
- Morgan Stanley CEO John Mack earns a bonus of $11.5 million worth of stock after 5 months on the job.
- Crude Oil is $60.65 per barrel.
- Wholesale Gasoline is currently $1.64 per gallon.
- Natural Gas is $14.31 per unit.
- Gold continues to pull back current price is $506.00 per ounce.
Earnings
Adobe Systems (ADBE)
Advanced Digital Information Corp. (ADIC)
Apollo Group (APOL)
Bear Stearns (BSC)
Flow International (FLOW)
FuelCell Energy inc. (FCEL)
Goldman Sachs (GS)
KB Home (KBH)
Lennar Corp. (LEN)
Oracle (ORCL)
Pier 1 Imports Inc. (PIR)
Spartech (SEH)
Techtronix Inc. (TEK)
The Marcus Corp. (MCS)
Budd Foxx
Wednesday, December 14, 2005
CHK
AVID
HOLX
HOLX CHART
CMED
CMED CHART
Oil Inventories
SUF
Top Performers
RHAT
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
PAA, QGEN, SPC, PHLY, VRTX, CR, TGP, RHAT, VMC, and NYB
Stocks downgraded this morning include:
MAXY, BBY, STT, CYTK, BR, ERTS, SMBI, TRI, AAPL, COP, BCR, and PPG
Budd Foxx
Morning News
- Futures are down this morning pointing to a lower open.
- Weekly Oil Inventories to be released this morning.
- Commerce dept. to release International Trade Report this morning.
- FPL Group Inc. is in merger talks with Constellation Energy Group.
- Boeing wins contract from Australian Airline Qantas. The initial order is for 65 planes at a price of about $7.5 billion.
- Novelo Inc. reporting it has gotten FDA approval for a Phase 3 trial of Alfimephase ant- blood clot treatment.
- Crude Oil remains above $60.00 a barrel currently $61.42 per barrel.
- Wholesale Gasoline is $1.64 per gallon.
- Natural Gas has pulled back just a bit to $15.20 per unit.
- Gold has also pulled back to $515.00 per ounce.
Earnings
ABM Industries (ABM)
Apogee Enterprises Inc. (APOG)
Argen ST (STST)
MDS Inc. (MDZ)
Powell Industries Inc. (POWL)
Winnebago (WGO)
Budd Foxx
Tuesday, December 13, 2005
CAT
EBAY
AAPL
YHOO
BMD
Natural Gas Plays
TRE
December Trading Calender
December Trading Calender
GOOG
Top Performers
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
FL, SI, NLY, BMM, CGNX, and DBD
Stocks downgraded this morning include:
SIRI, ARMHY, X, LUM, NU, DBRN, EXPD, BR, MRTN, FIC, CNI, CHRW, and EFX
Budd Foxx
Morning News
- Futures are pointing to a flat open this morning.
- November Retail Sales to be released at 8:30 this morning.
- The Federal Reserve is expected to raise rates today announcement expected at 2:15 this afternoon.
- Yesterday Federal Judge Eldon Fallen declared a mistrial in Merck's Vioxx trial.
- Microsoft and MCI announce PC to Phone partnership.
- ConocoPhillips to pay $35.6 billion or $92.00 a share for Burlington Resources.
- Standard & Poor's pushes General Motors credit rating further into junk status on bankruptcy concerns.
- Crude Oil is currently $61.18 per barrel.
- Wholesale Gasoline is $1.63 per gallon.
- Natural Gas continues to climb currently $15.10 per unit.
- Gold has pulled back a bit to $527.00 per ounce.
Earnings
ADC (ADCT)
Asta funding Inc. (ASFI)
Best Buy Company Inc. (BBY)
CHC Helicopter (FLI)
Engineered Support Systems (EASI)
Gladstone Capital Corp. (GLAD)
Herley Industries (HRLY)
Lehman Bros. Holdings Inc. (LEH)
Martek Biosciences Corp. (MATK)
Plato Learning (TUTR)
Sunterra (SRRR)
Budd Foxx
Monday, December 12, 2005
Fed language takes center stage
HANS
BTU
DAIO
IFO
BOOM
NEM
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
BNHN, XL, BED, AFCE, VIVI, and MFNC
Stocks downgraded this morning include:
APOL, CRM, AQNT, NYB, EOP, DVN, OATS, JMDT, and CHRT
Budd Foxx
Morning News
- Futures are up this morning pointing to a higher open.
- OPEC leaders meeting today and are expected to leave output unchanged. They may cut output next month if demand weakens.
- ConocoPhillips reportedly in negotiations to buy oil and gas producer Burlington Resources Inc.
- Viacom's Paramount Pictures reaches agreement to purchase DreamWorks in a deal worth $1.6 billion.
- Delta Airlines Inc. reaches deal with the union representing 6,100 pilots. The pilots have agreed to pay cuts.
- Credit Suisse first Boston is latest to bump up Google Inc. price target to $475 per share from $400 per share. Google Inc. will also be joining the Nasdaq 100 Index this month.
- Crude Oil is currently $59.80 per barrel.
- Wholesale Gasoline is $1.61 per gallon.
- Natural Gas is $14.64 per unit.
- Gold is trading at 25 year highs. Currently the price of gold is $541.10 per ounce.
Earnings
CKE Restaurants (CKR)
Jacuzzi Brands Inc. (JJZ)
Lakeland Industries (LAKE)
Source Interlink Company (SORC)
Sybron Dental Specialties Inc. (SYD)
The Cooper Companies (COO)
Universal Technical Institute (UTI)
VistaCare Inc. (VSTA)
Budd Foxx
Sunday, December 11, 2005
Saturday, December 10, 2005
A Breakdown Of Stock Buybacks
Friday, December 09, 2005
BIVN
TARO
TARO CHART
SIRI
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
REM, WPL, LAD, DRE, NTY, UNFI, BRL, and MEH
Stocks downgraded this morning include:
DRTE, WON, EMN, LTM, UAG, SHFL, HIBB, NSM, CIEN, FRNT, X, and IBM
Budd Foxx
Morning News
- Futures are flat this morning pointing to a slightly lower open.
- October Wholesale Trade to be released today.
- University of Michigan to release preliminary December reading of Consumer Sentiment this morning.
- Intel Corp. late yesterday lowered the top end of it's sales forcast for the fourth quarter.
- Congressional Budget Office estimates a severe outbreak of the Bird Flu could kill 2 million people in the U.S. and start a recession.
- The jury in Mercks Vioxx trial sent for deliberations late on thursday.
- Electronic Arts Inc. has agreed to pay $680 million for Jamdat Mobile Inc.
- Viacom Inc. Paramount Pictures preparing an offer for Dreamworks.
- 1 child killed 10 people injured when a Southwest Airlines jet slid off a runway yesterday in Chicago. Southwest Airlines plans to resume flights in Chicago today.
- Snowstorm slamming the Northeast today driving up energy prices:
- Currently Crude Oil is $61.00 per barrel.
- Wholesale Gasoline is $1.64 per gallon.
- Natural Gas near $15.00 per unit.
- Gold continues to move higher currently $527.80 per ounce.
Thursday, December 08, 2005
KOSP
HITK
HITK CHART
KOSN
KOSN CHART
QCOM CHART
QCOM CHART
SIRI
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
RRA, SYNA, AEM, and PLAY
Stocks downgraded this morning include:
MU, AXL, CP, PLL, CHS, AKS, X, BAB, NUE, LTC, and SUN
Budd Foxx
Morning News
- Futures are down this morning pointing to a lower open.
- Weekly Jobless Claims to be released at 8:30 am.
- Natural Gas Inventories also to be released this morning.
- Delta Airlines Inc. pilots set to strike if managers impose changes in their contract.
- General motors Corp. in talks with Kirk Kerkorian about giving his company a seat on GM's board of directors.
- Closing arguments set to begin today in the first federal Vioxx trial.
- Texas Instruments Inc. has lifted it's low end fourth quarter earnings forcast.
- Yahoo Inc. to offer computer users to make and recieve phone calls through it's Yahoo Messenger Text.
- Crude Oil is currently $59.52
- Wholesale Gasoline is $1.57 per gallon.
- Natural Gas is up a bit to $13.86 per unit.
- Gold is $519.40 per ounce.
Earnings
Analogic Corp. (ALOG)
Cantel Medical (CMN)
Cascade Corp. (CIEN)
Costco Wholesale Corp. (COST)
Cutter & Buck (CBUK)
Esterline Technologies (RSL)
Methode Electronics (METH)
National Semiconductor (NSM)
NCI Building Systems Inc. (NCS)
Shuffle Master Inc. (SHFL)
Toll Brothers (TOL)
Budd Foxx
Wednesday, December 07, 2005
IBM
Oil Inventories
BMD
PWAV
Stocks Trading Up In Pre-Market
Budd Fox
Upgrades and Downgrades
TCO, REG, CLI, HIW, PWAV, CLFC, and CSCO
Stocks downgraded this morning include:
FDRY, PRSP, TIBX, TSCO, EOP, DRE, CRE, BXP, HYSL, SGTL, NYT, LGF, AEOS, MEAS, PACR, and ASML
Budd Foxx
Morning News
- Futures are to the upside this morning pointing to a slightly higher open.
- Weekly Oil Inventories to be released this morning at 10:30.
- NYSE members approve merger with Archipelago.
- General Motors Corp. elects Fredrick Henderson Chief Financial Officer.
- Calpine Corp. shares after being delisted by the New York Stock Exchange trading on the Pink Sheets.
- RealNetworks Inc. has approved a $100 million share buyback program.
- Microsoft and Google reportedly intensively trying to land deal with Time Warner's AOL division.
- Boyd Gaming Corp. has purchased 125 acre site in Pennsylvania now to apply for gambling license.
- Crude Oil is up this morning currently $60.34 a barrel.
- Wholesale Gasoline is $1.59 per gallon.
- Natural Gas is also up today currently $13.70 per unit.
- Gold remains strong $517.10 per ounce.
Earnings
Carreker Corp. (CANI)
Casella Waste Systems Inc. (CWST)
Dynamex (DDMX)
Greif Brothers (GEF)
Hovnanian Enterprises Inc. (HOV)
Net2Phone (NTOP)
Smith & Wesson HLDG Corp. (SWB)
Toro (TTC)
Veritas DGC Inc. (VTS)
Budd Foxx
Tuesday, December 06, 2005
WTZ
FFIV
WBSN
The Visual Trader
The Visual Trader
REDF
REDF CHART
RELV
RELV CHART
ELOS
ELOS CHART
AAPL
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
KDE, PRAA, HR, SSCC, NBR, TCP, and UST
Stocks downgraded this morning include:
PLCM, PCL, AFT, MON, CY, MU, ESPD, DV, PMCS, NETL, TBL, SSD, and UFPI
Budd Foxx
Morning News
- Futures are up pointing to a higher open this morning.
- October Factory Orders this morning.
- Also this morning is the Q3 revised Productivity Report.
- Verizon Communications to cut management pension benefits.
- UBS lifts target price on Apple Computer to $86.00 a share up from $74.00 per share.
- General Motors Corp. to sell up to $20 billion in auto loans to Bank of Nova Scotia.
- Major snowstorm in the Northeast turns out to be just a taste of what is to come. Many forcast called for more snowfall than what was delivered. Cold Temps have settled in.
- Crude Oil is down just a bit this morning to $59.60 per barrel.
- Wholesale Gasoline is $1.57 per gallon.
- Natural Gas has also pulled back from yesterday's highs to a current price of $13.40 per unit.
- Gold remains strong at $512.80 per ounce.
Monday, December 05, 2005
NGS
DELL
SIRI
BOOM
NTRI
Oil Prices Rise on Snowstorm Forecast
Stocks Trading Up In Pre-Market
Budd Foxx
Upgrades and Downgrades
DELL, MGI, A, SWY, USPI, BCH, MLS, and FE
Stocks downgraded this morning include:
IRF, CSGS, FISV, RARE, CMTL, ACE, NTAP, XL, DNEX, WABC, PYX, SAFM, RNR, and NST
Budd Foxx
Morning News
- Futures are pointing to a slightly lower open this morning.
- November ISM service index to be released at 10:00 this morning.
- The Lundberg Survey shows on average the price of gasoline has dropped 11 cents a gallon over the past two weeks.
- Donald Trump considers launching his own television shopping network.
- RealNetworks to launch new music service which will allow users to listen to music without downloading the desktop application which is currently required.
- Verizon Communications Inc. planning to sell or spin off it's telephone directories business.
- Sony Corp. offering early retirement to workers as part of it's plans to cut 10,000 jobs worldwide.
- Crude Oil is $60.00 per barrel.
- Wholesale Gasoline is up a bit to $1.62 per gallon.
- Natural Gas continues to push higher currently $14.19 per unit.
- Gold remains above $500 currently it is $509.20 per ounce.
Sunday, December 04, 2005
Friday, December 02, 2005
Exits, Stops And Strategy
In many ways, a good exit is more critical and difficult to achieve than a good entry. Think about it: you are not subject to market risk while you're waiting for a good opportunity to enter a trade. If you miss one such opportunity, you can always wait for another to come along ? and a good, active trading model provides many such opportunities.
BOLLINGER BAND TACTICS
NYNY
DCEL
OSTK
Budd Foxx
TZOO
Budd Foxx
Top Performers
CHK
CHK CHART
Stocks Trading Up In Pre-Market
Budd Foxx
BSX
Budd Foxx
Upgrades and Downgrades
OVTI, ABT, DA, and NVLS
Stocks downgraded this morning include:
MGM, ABI, COGN, GPRO, CRM, CBST, OSBC, COBZ, X, MEDI, LRCX, and VOD
Budd Foxx
Morning News
- Futures are flat this morning pointing to a slightly higher open.
- November Jobs Report out this morning at 8:30.
- Ford Motor Company considering closing 5 of it's North American plants which could lead to a loss of up to 7,500 jobs.
- Calpine Corp. has warned the company could be heading to bankruptcy.
- Costco Wholesale Corp. sues Washington State for the right to purchase beer and wine from out of state.
- Cablevision supports "A La Carte" cable pricing.
- A University of Minnesota survey shows many U.S. companies have no plan in place for a flu pandemic.
- Crude Oil is up a bit this morning to $58.61 per barrel.
- Wholesale Gasoline is also up currently $1.56 per gallon.
- Natural Gas also up as colder temps. expected in the Northeast currently $13.13 per unit.
- Gold continues to climb currently $508.80 per ounce.
Thursday, December 01, 2005
SSRI
PAAS
ESRX
SIRI
Budd Foxx
Stocks Trading Up In Pre-Market
Budd Foxx
Regulation SHO Threshold Security List
Regulation SHO List
Upgrades and Downgrades
MMC, VAL, NATI, ROH, MAR, JNY, and TEM
Stocks downgraded this morning include:
QCOM, AEOS, DOW, AMSG, PCL, ARO, and HUN
Budd Foxx
Morning News
- Futures are pointing to a higher open this morning.
- Natural Gas Inventories will be released at 10:30 this morning.
- Weekly Jobless Claims to be released today.
- October Construction Spending will be out today.
- November ISM Manufactoring Index also due out today.
- October Personal Income and Spending to be released this morning.
- Earnings today include: BCM, CONN, DLM, FRE, GHCI, GRB, GIL, MOV, MGAM, NOVL, OVTI, PRLS, PTRY, PAY, WMG, and WWE
- U.S. Retailers will report monthly sales today.
- Nokia to expand mobile device production in China.
- In a speech yesterday President Bush refused to set a time table on Iraq.
- Carl Icahn who owns 3% of Time Warner stock talking lawsuit in the companies process of bidding for it's American Online unit.
- Crude Oil is currently $57.12 per barrel.
- Wholesale Gasoline is $1.49 per gallon.
- Natural gas is back up to $12.53 per unit.
- Gold strong this morning up to $499.50 per ounce.