Tuesday, February 28, 2006

DTG

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

CRDN

Ceradyne, Inc. is acting well today so put it on the trading radar. If the stock is pushing toward the close it could be a momentum play.

CCJ

Cameco Corp. has a decent tone to it today so keep it on the radar.

BOOM

Dynamic Materials, Inc. is acting very well today so put it on the trading radar.

NE

Noble Corp. seems to be heating up just a bit here so put this stock on that trading radar.

Budd Foxx

PALM

Palm Inc. has a very good tone to it this morning so keep this stock on your trading radar.

Budd Foxx

SPLS

Staples Inc. acting very well this morning so put this stock on that trading radar.

Budd Foxx

Top Performers

BITS / BOOM / IDR / KND / PSS / MVL / VRX / SHW / AGR

SNDK

SanDisk Corp. heating up just a bit in early trading so keep this stock on that trading radar.

Budd Foxx

AAPL

Apple Computer has a good tone to it in early trading this morning so keep this stock on your trading radar.

Budd Foxx

Stocks Trading Up In Pre-Market

ESLR, GOOG, CRDN, BOOM, VPHM, WGII, GNBT, TNOX, AAPL, SPLS, SNDK, SNTS, SIMO, SHW, CHK, ICGE, STAK, QDEL, FWLT, NVAX, TRAD, OVEN, FRGO, ABP, CHTR, SONS, and HEB

Budd Foxx

Upgrades and Downgrades

Stocks upgraded include:
AH, ROHI, MVL, DRTE, AEP, and VCLK

Stocks downgraded include:
ELNK, NUVO, MLNM, WLL, XTXI, RTRSY, and BJS

Budd Foxx

Morning News

  • Futures pointing to a flat to slightly lower open this morning.
  • Fourth quarter GDP expected to be revised slightly higher.
  • February Consumer Confidence to be released today.
  • February Chicago PMI also due to be released today.
  • Reports are out that Microsoft Corp. planning a new hand held device with features of a personal computer, and a digital music player.
  • New York Stock Exchange and Archipelago Holdings secure clearance needed to move forward with transaction.
  • Intel Corp. to build a $300 million facility in southern Vietnam.
  • Apple Computer to hold media event today.
  • Overstock.Com to restate financial results for the past four years.
  • Crude Oil is $60.85 per barrel.
  • Wholesale Gasoline is $1.52 per gallon.
  • Natural Gas currently $6.73 per unit.
  • Gold up just a bit to $558.70 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Autodesk Inc. (ADSK)
BioMed Realty Trust Inc. (BMR)
BJ's Wholesale Club (BJ)
Cal Dive International (CDIS)
CenterPoint Energy (CNP)
Deckers Outdoor (DECK)
Dynamic Materials (BOOM)
Emdeon Corp. (HLTH)
Geron (GERN)
H.J. Heinz Company (HNZ)
King Pharmaceuticals (KG)
Magellan Health Services (MGLN)
Papa John's International (PZZA)
Southwestern Energy (SWN)
Teva Pharmaceuticals (TEVA)
ViroPharma Inc. (VPHM)

Budd Foxx

Monday, February 27, 2006

ACS

Affiliated Computer is golden stock picks free swing setup for Tuesday.

NVDA

Nvida Corp. is acting very well today so put it on the trading radar.

SNDK

Sandisk, Inc. if this stock is pushing the high of the day toward the close it could be a momentum play.

CMED

China Medical Tech, Inc. has a very good tone to it today and if the stock is closing strong it could be a possible momentum play.

ALKS CHART

MACD looks bullish and this stock is now in blue skies territory after making a new 52 week high today so put it on the radar.  Posted by Picasa

UNP

Union Pacific Corp. has a good looking chart. This stock breaks out around $90.15.

UNP CHART

ANF

Abercrombie & Finch Company has a very good tone to it today and could be a momentum play if the stock is closing strong.

DNA

Genentech, Inc. the biotechs (BBH) are leading the market and this stock could be a momentum play if it is closing strong on the day.

BNI

Burlington Northern Santa Fe Corp. is acting very well today so put it on the radar for a possible swing setup.

HOLX

Hologic, Inc. is starting to perk up here so put it on the trading radar.

NTRI

Nutrisystem, Inc. has a decent tone in early trading so put it on the radar.

BBC CHART

MACD is bullish on this stock so put it on the trading radar for a possible swing setup. Posted by Picasa

Top Performers

PCNTF / EDGR / CYTO / SVC / DJO / NFI / AH / CVC

BCRX

Biocryst Pharmaceuticals, Inc. is acting very well this morning on news that China sees a major bird flu breakout in the near future.

NSC

Norfolk Southern Corp. is acting well in early trading. This stock breaks out over $51 per share.

SNDK

Sandisk Corp. has a good tone in early trading so put it on the radar.

GOOG

Google, Inc. is acting very well in early trading so put it on the radar.

Stocks Trading Up In Pre-Market

ARNA, AAPL, GOOG, INTC, SNDK, IACI, GERN, FLSH, NVAX, PCNTF, SNDA, INFA, DCN, LOW, PPHM, NFI, CYTO, NABI, VPHM, STEM, ASTM, BCRX, GNBT, JBLU, GRMN, PALM, ADSK, SEED, AMED, CYTO, and TOPT

Budd Foxx

STXS

Stereotaxis, Inc. is the trader hr free weekly swing setup for today.

Upgrades and Downgrades

Stocks upgraded include: SAP, OSI, FLSH, SNDK, CRE, CLX, ADSK, SM, CVG, GLG, and INTC

Stocks downgraded include: GLG, NFB, AEIS, MTSN, LCRX, SRE, RJF, RRI, BDN, WRI, ALSK, POT, HOKU, and CBH

Budd Foxx

Morning News

  • Futures are pointing to a slightly higher open this morning.
  • Commerce Department to release report on January new home sales today.
  • Reports are out that Apple Computer could be intrested in buying Walt Disney & Company.
  • National Grid to buy KeySpan Corp. for $7.3 billion.
  • The Lundberg Survey shows retail gas prices fell 6 cents on average over the past two weeks.
  • China Officials fear a Massive Bird Flu outbreak is likely.
  • Crude Oil down this morning to $61.98 per barrel.
  • Wholesale Gasoline is $1.51 per gallon.
  • Natural Gas $7.08 per unit.
  • Gold down slightly this am. to $558.40 per ounce.
Budd Foxx

Earnings

Just a few of the companies reporting today.

51 Job Inc. (JOBS)
Barrier Therapeutics (BTRX)
Ceres Group (CERG)
Conseco Inc. (CNO)
Encore Medical (ENMC)
Femsa (FMX)
Gasco Energy Inc. (GSX)
Giant Industries (GI)
Hormel Foods (HRL)
LinkTone (LTON)
Lowe's Companies (LOW)
Newmont Mining Corp. (NEM)
Universal Health Services (UHS)
ValueClick Inc. (VCLK)
Whiting Petroleum Corp. (WLL)

Budd Foxx

Sunday, February 26, 2006

Gold, Silver, Copper and Steel

Here are some charts on gold, silver, copper and steel by ChartSpeak


ChartSpeak

ARNA CHART

MACD is looking bullish on this stock so keep it on the radar this coming week.  Posted by Picasa

Saturday, February 25, 2006

SKM

SKTelecom is golden stock picks free swing setup for Monday.

Dave Landry's Weekly Swing Trader Lesson

Here is Dave Landry's Weekly Swing Trader Lesson for the Week of 2/22/06


Weekly Swing Trader Lesson

Watching Apple In Week Ahead

Apple Computer, Inc. is suppose to release some new products on Tuesday.

Forbes Video

Friday, February 24, 2006

OSIP

OSI Pharmaceuticals, Inc. has a good tone to it and an improving chart so put it on the radar.

IPSU

Imperial Sugar Company has broken overhead resistance and is now in blue skies territory so continue to keep this stock on the trading radar.

CELG CHART

MACD looking bullish on this stock as it has broken out of a triangle formation.  Posted by Picasa

PEIX

MACD looking bullish here. This stock breaks out around $20 so put it on the radar.  Posted by Picasa

CRDN CHART

MACD is looking bullish as the fast line is crossing the slow line so keep this stock on the radar for a possible swing trade.  Posted by Picasa

ISRG

Intuitive Surgical, Inc. is acting well today so put it on the trading radar. This could be a potential reversal setup as the stock is coming off a bottom.

SLW

Silver Wheaton Corp. just made a new intraday high so put it on the trading radar.

GMXR

GMX Resources Inc. acting very well in early trading so keep this stock on that trading radar.

Budd foxx

Top Performers

NTES / TRBM / DUSA / FHRX / ICE / VNT / PWR / KSS

TRE

Tan Range Exploration Corp. is acting very well in early trading so put it on the radar.

AAPL

Apple Computer, Inc. has a decent tone in early trading so put it on the radar.

NEM

Newmont Mining Corp. is acting well in early trading so put it on the radar.

SUF

SulphCo, Inc. traded up on news yesterday and the stock is active this morning in pre-market so put it on the trading radar. The short interest is high on this stock.

NTES

Netease.com reported good earnings yesterday and the stock is trading up on the news so put it on the radar. Several firms have upgraded the stock this morning as well.

Western Silver to be Acquired By Glamis

VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 24, 2006--Western Silver Corporation (TSX:WTC - News; AMEX:WTZ - News) and Glamis Gold Ltd. (TSX:GLG - News; NYSE:GLG - News) today announced an agreement whereby Glamis will acquire, through an agreed plan of arrangement, all outstanding shares of Western Silver for a total consideration of approximately C$1.2 billion, or approximately US$1.0 billion.

CPST

Capstone Turbine Corp. is very active in pre-market this morning so put it on the trading radar.

U.S. Jan. durable goods orders plunge 10.2%

WASHINGTON (MarketWatch) - New orders for U.S.-made durable goods plunged 10.2% in January as aircraft orders dried up after three months of strength, the Commerce Department reported Friday. The decline was the largest since July 2000 and far exceeded the 2.5% drop expected by economists. Aircraft orders fell 68.2% in January after averaging more than three times the normal level from October through December. Total transportation orders fell 31.2%. Bookings were healthier elsewhere in the durable goods industries, but the performance was mixed across sectors. Excluding transportation goods, total orders rose 0.6%. Core capital equipment orders fell 0.4%

Stocks Trading Up In Pre-Market

NTES, AAPL, CHK, SOSA, HAL, COP, SLB, MRVL, RMBS, BRCM, SUF, GOOG, CPST, NXG, TFSM, JBLU, TMTA, ZONA, BP, GLD, DUSA, SNDK, and VLO

Budd Foxx

IBD Top 100

Access to the IBD Top 100 is free until Feb. 25th

IBD Top 100

Upgrades and Downgrades

Stocks upgraded this morning include:
ASCA, STXS, PFG, VAS, SFY, OXY, WPI, E, ELX, KNOL, and NTES

Stocks downgraded this mroning include:
COF, NFB, EUBK, SVR, WEBX, LSCP, JWN, and INTC

Budd Foxx

Morning News

  • Futures are up just a bit this morning we could see a slightly higher open.
  • January Durable Goods numbers to be released today.
  • H & R Block got it's own taxes wrong and will be restating earnings for 2004, and 2005.
  • Research In Motion waiting a federal judges decision to whether it's service will be suspended. The company has stated it does have a work around if this does occur. This decision may come by early next week.
  • Bush administration and Dubai Ports World are open to delaying the company taking over operations of five U.S. ports.
  • Gap Inc. fourth quarter profit drops 11% and the companies earnings forcast fall well short of analyst expectations.
  • Crude Oil on the move this morning currently $61.60 per barrel.
  • Wholesale Gasoline also up this morning to $1.54 per gallon.
  • Natural Gas is $7.42 per unit.
  • Gold is up just a bit this morning to $553.50 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

American Retirement Corp. (ACR)
Asbury Automotive Group. (ABG)
Citizens Communications Co. (CZN)
Discovery Laboratories (DSCO)
Energy Partners Ltd. (EPL)
Fairmont Hotels and Resorts (FHR)
Handleman Company (HDL)
Huntsman Corp. (HUN)
Kaydon (KDN)
Merge Technologies Inc. (MRGE)
Nicor Inc. (GAS)
Sanofi Aventis (SNY)
Westwood One (WON)

Budd Foxx

Thursday, February 23, 2006

ACO

Amcol Intl Corp. is golden stock picks free swing setup for Friday.

AMD CHART

AMD has a nice flat base forming which could lead to higher prices in the near future.  Posted by Picasa

NSSC

Napco Security Systems, Inc. could possibly be added to the IBD Top 100 this weekend if the stock can close above $15 per share on Friday.

NSSC CHART

BBC CHART

MACD looks bullish on this chart as the fast line is about to cross the slow line so put it on the radar for a possible swing setup.  Posted by Picasa

MNG CHART

MACD looks bullish and volume is above average on the upward movement.  Posted by Picasa

Oil Inventories

Crude oil saw a build of 1.1 million barrels.
Gasoline saw a build of 100,000 barrels.
Distillates saw a draw down of 1.3 million barrels.
Natural gas saw a decline of 123billion cubic feet.

Budd Foxx

GOOG

Google, Inc. has a good tone in early trading so put it on the trading radar.

IPSU

Imperial Sugar Company is acting well today so put it on the trading radar.

Top Performers

CTRP / ECLP / IVAN / LNUX / ICE / FNM /JLG

AAPL

Apple Computer, Inc. continues to have a good tone to it so put it on the trading radar.

5 stocks for the new oil reality

The first two months of 2006 should end any dreams that oil will drop below $50 anytime soon. They make a good case that the new price range for oil is between $55 and $70 a barrel.

Investors now know that fears of a confrontation with a heavily armed and militant Iran -- the No. 4 exporter of crude oil in the world -- is enough to push oil to the $69.20 it hit on Jan. 23. And that relative global "peace," combined with oil inventories running well above average for this time of year, is enough to send oil prices down to $55.

Stocks Trading Up In Pre-Market

TIE, AAPL, CAKE, GW, AQNT, OSIP, HEB, LNUX, SIMO, RMBS, GRMN, GOOG, SNDK, FNM, ICI, BWNG, NCTY, EWY, MSO, A, NVAX, IVAN, and NCTY

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning include:
PLXS, ASMI, SBGI, OSIP, GD, GSIG, and XRM

Stocks downgraded this morning include:
ISIL, AHR, NVTL, MCGC, ASML, AKAM, MRK, USPI, TNM, AACE, and PHRM

Budd Foxx

Morning News

  • Futures are pointing to a slightly lower open this morning.
  • Weekly Jobless Claims to be released today.
  • Weekly Oil Inventories to be released at 10:30 this morning. Natural Gas inventories will also be released today.
  • Airbus beats out rival Boeing Co. on orders recieved at Asia's top air show. Airbus recieved up to $3.5 billion in orders from India, and a $1 billion deal with South Korea for plane components.
  • FCC cracking down on indecency exposure. The FCC expected to sanction NBC, CBS, FOX, and others.
  • Human rights groups protesting against Taser's new product which is a 12 gauge shotgun.
  • Crude Oil is $60.93 per barrel.
  • Wholesale Gasoline is $1.49 per gallon.
  • Natural Gas currently $7.22 per unit.
  • Gold right at $555.00 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Bea Systems (BEAS)
BJ Restaurants Inc. (BJRI)
Cabelas Inc. (CAB)
Checkpoint Systems (CKP)
Chesapeake Energy Corp. (CHK)
Denbury Resources Inc. (DNR)
Frontier Oil (FTO)
Gap Inc. (GPS)
Gerber Scientific (GRB)
Kohl's (KSS)
Loudeye Technologies (LOUD)
Midway Games (MWY)
Mohawk Industries (MHK)
Nabi Biopharmaceuticals (NABI)
Pan American Silver (PAAS)
Safeway Inc. (SWY)
Toll Brothers (TOL)
Zix Corp. (ZIXI)

Budd Foxx

Wednesday, February 22, 2006

AVX CHART

MACD looks bullish and the stock traded up today on good volume so put it on the radar for Thursday.  Posted by Picasa

SNDK

Sandisk, Corp. is coming off a bottom and could be a reversal setup here so put it on the trading radar. If the stock is closing strong it could be a momentum play.


SNDK CHART

ISRG

Intuitive Surgical, Inc. is coming off a bottom and could be a reversal setup here so put it on the trading radar.

ISRG CHART

AAPL

Apple Computer, Inc. just made a new intraday high so put it on the radar.

AAPL CHART

CHNR

China Natural Resources, Inc. just made a new intraday high so put it on the trading radar.

CHNR CHART

BNI

Burlington Northern Santa Fe Corp. has a good tone to it in early trading so put it on the radar.

NSC

Norfolk Southern Corp. continues to have a decent tone to it so put it on the trading radar.

NSC CHART

FOXH

Foxhollow Tech, Inc. is acting well in early trading so put it on the trading radar.

Top Performers

BIDU / NTRI / LNUX / IVAC / JBX / CTL / MSO / TIE

BOOM

Dynamic Materials, Inc. has a decent tone in early trading so put it on the radar.

VAR

Varian Medical Systems Inc. is trading up in pre-market on news so keep the stock on the radar this week.

VAR CHART

TIE

Titaniium Metals Corp. is once again trading up in pre-market so keep it on the radar today.

TIE CHART

CPI rises 0.7% on higher energy costs

The core consumer price index - which excludes food and energy prices - increased 0.2%, as expected.

The increases in the seasonally adjusted CPI should keep the Federal Reserve on course to raise its overnight interest rate target to 4.75% in late March. Additional rate hikes will remain under consideration.

The Fed has said it believes it is "close" to the end of its rate hikes, but remains concerned that the economy will overshoot and inflationary pressures could rise. Higher energy prices could spill over into a general price escalation.

AUY Announces Acquisition of DEZ

TORONTO--(BUSINESS WIRE)--Feb. 22, 2006--Yamana Gold Inc. (TSX:YRI - News; AMEX:AUY - News; LSE (AIM):YAU) announces the acquisition of Desert Sun Mining (TSX:DSM - News; AMEX:DEZ - News). A conference call and audio webcast is scheduled for today at 10:00 a.m. E.S.T.

Stocks Trading Up In Pre Market

TIE, BIDU, NTRI, GRMN, LEXG, NYER, SOHU, RHEO, IVAN, LNUX, INFO, GOOG, CBMX, HET, DEZ, FCX, SINA, AKAM, ABB, RGLD, AAUK, and GERN

Upgrades and Downgrades

Stocks upgraded this morning include:
AMV, WRE, DKS, LCC, and IVAC

Stocks downgraded this morning include:
MCRI, CEC, FRP, DCX, PMCS, and INPC

Budd Foxx

Morning News

  • Futures are pointing to a higher open this morning.
  • January Consumer Price Index to be released at 8:30 this morning.
  • President Bush not backing down from his decision to allow an Arab owned company to take over operations at six U.S. ports.
  • Energy Dept. will release oil inventories on Thursday this week due to the holiday on Monday.
  • Alaska officials have made a deal with Exxon Mobil, BP, and Conoco Phillips for a natural gas pipeline. The project not expected to begin until 2012.
  • Baidu.Com released earnings yesterday after the bell and the company did beat expectations. Share price jumped, and the stock should be active today.
  • Crude Oil is $62.10 per barrel.
  • Wholesale Gasoline $1.43 per gallon.
  • Natural Gas currently $7.63 per unit.
  • Gold backing off just a bit to $554.60 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Anglo American PLC. (AAUK)
Barrick Gold (ABX)
Berry Petroleum Company (BRY)
Big Lots Inc. (BLI)
Century Aluminum (CENX)
Dobson Communications Corp. (DCEL)
Handleman Company (HDL)
Harrah's Entertainment (HET)
Jack In The Box (JBX)
JLG Industries (JLG)
Martha Stewart Living Omnimedia (MSO)
Pinnacle Entertainment (PNK)
Quicksilver Resources (KWK)
Sprint Nextel Corp. (S)
Taser International Inc. (TASR)

Budd Foxx

Tuesday, February 21, 2006

BHI CHART

MACD is starting to look bullish and volume was above average today on the nice upward move. Posted by Picasa

Learn how to use PowerRatings with Fibonacci

In today's example, let's take a look at Palm (PALM).

PALM bottomed in the first week of November and has been in a steady uptrend since. During that time, PALM went from a low of $24.50 to a high $41.14 (a 68% return in less than 3-months) without any tradable pullback. This can make it very difficult to find a suitable entry point and lead to a rash decision to buy at precisely the wrong time. If you find yourself making this kind of mistake, don't worry as there are tools that can help you avoid repeating them in future.

SLB CHART

MACD is starting to look bullish on this stock.  Posted by Picasa

DDR

Developers Diversifi is golden stock picks free swing setup for Wednesday.

NHWK

NightHawk Radiology Holdings, Inc. is a new issue that is acting well today so put it on the trading radar.

ABLE

Able Energy, Inc. is acting very well this afternoon so put it on the trading radar.

New Stock Blog Market Raiders

Here is a brand new stock blog to check out called Market Raiders


Market Raiders Stock Blog

JOYG

Joy Global, Inc. has a decent tone to it today so put it on the trading radar. This stock breaks out above $57 per share.

GMXR

GMX Resources, Inc. is acting well today so put it on the trading radar.

Top Performers

BLDP / VDSI / MTSX / ESLR / TLS / HL / ERF /SII

NSC

Norfolk Southern Corp. has a decent tone to it today so put it on the trading radar.

BOOM

Dynamic Materials Corp. has a decent tone to it in early trading this morning so keep this stock on your trading radar.

Budd Foxx

TIE CHART

MACD is starting to look bullish as the fast line is about to cross the slow line.  Posted by Picasa

The 10 Highest Rated Stocks

Here is a listing of the 10 highest rated stocks investors love to own.


Ten Highest Rated Stocks

VAR CHART

MACD is starting to look bullish on this stock and we have a possible bull flag formation as well. Posted by Picasa

Stocks Trading Up In Pre-Market

HOLX, TIE, VDSI, SVA, ESLR, TXRH, PTIE, AAPL, NVAX, GEOI, FLEX, GTCB, BRNC, LOJN, GILD, TASR, LNUX, BCRX, UPL, SNDA, HEB, RIMM, TWX, HD, TOL, VLO, RSH, MRK, VDSI, CHK, NWL, SHPGY, RTP, VZ, RDY, XMSR, and PTRY

Budd Foxx

HE

Hawaiian Elec Inds is the trader hr free weekly swing setup for today.

Upgrades and Downgrades

Stocks upgraded this morning include:
OO, NXY, SSL, CHU, FLEX, TSM, RSH, ARTC, and GPS

Stocks downgraded this morning include:
AAA, ALV, RBAK, VIA.B, WWW, SNY, RTP, CCL, ILE, PL, and HTG

Budd Foxx

Morning News

  • Futures are up this morning pointing to a higher open.
  • FED minutes to be released this afternoon.
  • Radio Shack Corp. said yesterday CEO David Edmonson has resigned from the company.
  • General Motors plant in Oklahoma ends production leaving a couple thousand people with out jobs.
  • Proctor & Gamble to sell it's deodorant brands to the Dial Corp. for $420.00 million.
  • Bush administration taking some heat for allowing an Arab company to run U.S. ports. A couple of Republicans are threatening legal action to block the Arab companies from taking over the job.
  • Piper Jaffray holding meetings with 21 of the top solar companies.
  • Crude Oil is $61.25 per barrel.
  • Wholesale Gasoline is $1.52 per gallon.
  • Natural Gas is $7.36 per unit.
  • Gold up just a bit to $555.80 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Baidu (BIDU)
Bronco Drilling Company Inc. (BRNC)
Clear Channel Communications. (CCU)
Click Commerce Inc. (CKCM)
Dominos Inc. (DPZ)
Federated Dept Stores Inc. (FD)
FoxHollow Technologies (FOXH)
Home Depot (HD)
LoJack (LOJN)
Memory Pharmaceuticals Corp. (MEMY)
Nutrisystem (NTRI)
Tennant Co. (TNC)
Wal-Mart Stores Inc. (WMT)

Budd Foxx

Monday, February 20, 2006

HOLX CHART

MACD is starting to look bullish on this stock.  Posted by Picasa

JEC CHART

MACD is starting to look bullish on this stock and we have a possible bull flag forming.  Posted by Picasa

Sunday, February 19, 2006

The Impact Of An Inverted Yield Curve

The term yield curve refers to the relationship between the short- and long-term interest rates of fixed-income securities issued by the U.S. Treasury. An inverted yield curve occurs when short-term interest rates exceed long-term rates. From an economic perspective, an inverted yield curve is a noteworthy event. Here we explain this rare phenomenon, discuss its impact on consumers and investors, and tell you how to adjust your portfolio to account for it.

STX

Seagate Technology is golden stock picks free swing setup for Tuesday.

STX CHART

Saturday, February 18, 2006

FIVE POWERFUL VOLUME PATTERNS

Volume patterns are much harder to interpret than price patterns. The difficulty stems from the clandestine strategies of big market players. These folks tend to move slowly and cover their tracks within the broad noise of daily movement.

While price bars tell many tales in a vacuum, volume has little or no meaning without underlying price movement. But don't abandon your volume study just yet. It still adds power to prediction when you apply it judiciously.

The importance of volume depends on its location within the overall pattern. For example, heavy volume through a broken trend line suggests the start of a new trend, while the same activity after a long rally or decline predicts a reversal. This counterintuitive logic confuses traders and inhibits their ability to decipher volume at key turning points.

Here are five volume patterns that show considerable predictive power when interpreted correctly. Watch for these setups whenever you're flipping through your charts. Then realize how volume can yield vital information long before price action tells the tale.

Friday, February 17, 2006

Day Trading Strategies

When people use the term "day trading", they mean the act of buying and selling a stock within the same day. Day traders seek to make profits by leveraging large amounts of capital to take advantage of small price movements in highly liquid stocks or indexes. Here we look at some common day trading strategies that can be used by retail traders.

PARL

Parlux Fragrances, Inc. has broken out so put it on the trading radar.

SIL

Apex Silver Mines, Ltd. is acting very well today and has an improving chart so put it on the radar.

PNK

Pinnacle Entertainment, Inc. is acting very well today so put it on the trading radar.

NABI

Nabi Biopharm has broken out so keep the stock on the trading radar.

7 Stocks You Need To Know For Today

Dell (NasdaqNM:DELL - News) reported $0.43 vs. $0.37 a year ago and beating estimates. Revenues were 13% higher than a year ago and also beat estimates. The company said it will buy back $1.2 billion in stock next quarter. Bank of America cut the stock to Neutral from Buy. DELL's PowerRating is 4.

NVDA

Nvdia Corp. is acting well after reporting good earnings so put it on the trading radar.

Top Performers

SAPE / IMAX / DITC / RRGB / ININ / BRCD / AHL / SWC / MDR / GFI / WTW / PTEK

TIE

Titanium Metals Corp. split today so put it on the trading radar.

Gold Stocks to Watch

AUY, NG, DEZ, TRE, and MNG

ENER

Energy Conversion Devices, Inc. is coming out of oversold territory and is acting very well today so put it on the trading radar.

NEM

Newmont Mining Corp. is acting well in early trading so put it on the radar.

Wall St Warrior Blog

Day Trading Diary - Stock Scans, Stock Charts, Watchlists, and Technical Analysis of the Markets on this blog

Wall St. Warrior

FLSH

M-Systems Flash Disk Pioneers, Ltd. seems to be getting support at the 200 dma so put it on your watchlist and look for a breakout.

FLSH CHART

Stocks Trading Up In Pre-Market

DITC, GOOG, FTO, NVDA, NBR, TTM, VLO, APPX, BTUI, HAL, ATYT, BRCD, BUCY, DITC, AEIS, AAUK, CYTC, PTRY, MNST, CROX, SUNW, DRRX, ENER, COP, KSE, ECA, CVX, PBR, HEB, CHK and IMAX

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning include:
ADBL, TWP, WEBX, DITC, EP, and ABB

Stocks downgraded this morning include:
BF, PGI, GES, VCI, DELL, ENN, BXC, and BLK

Budd Foxx

Morning News

  • Futures a bit weak this morning pointing to a lower open.
  • January Wholesale Inflation to be released today.
  • Producer Price Index also due out today.
  • February Consumer Sentiment Data to be released after the market open today.
  • American International Group Inc. to acquire Taiwan's Central Insurance Co.
  • Keyspan Corp. the largest generator of electricity in New York state reportedly up for sale. Two companies already showing signs of a bidding war are Edison and National Grid.
  • Yesterday a federal judge ordered the Bush administration to release spy documents.
  • Crude Oil up just a bit to $59.62 per barrel.
  • Wholesale Gasoline is $1.46 per gallon.
  • Natural Gas currently $7.28 per unit.
  • Gold up just a bit this morning to $551.10 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

American Pharmaceutical Partners (APPX)
Beckman Coulter (BEC)
Campbell Soup (CPB)
Frontline Ltd. (FRO)
Genlyte Group (GLYT)
J.M. Smucker Company (SJM)
Nexen (NXY)
Petrobras (PBR)
Sirius Satellite Radio (SIRI)
Talk America (TALK)
Zale Corp. (ZLC)

Budd Foxx

Thursday, February 16, 2006

SGU

STAR GAS Partners L.P. acted very well today so put it on the radar for Friday.

Podcast of Bob Greifeld, CEO of NASDAQ

Bob Greifeld, CEO of NASDAQ, talking about the new tier structures that make up the Global Select Market, introduced on February 15.

ACN

Accenture, Ltd. is golden stock picks free swing setup for Friday.

NCR

NCR Corp. has a good looking chart and the stock is acting well today so put it on the trading radar.

NCR CHART

Gold Stocks to Watch

MNG, DEZ, TRE, GOLD, FCX, and RGLD

HANS

Hansen Natural Corp. a stock we mentioned the other day continues to act well so put it on the trading radar.

DNA

Genentech, Inc. has a very good tone to it today so put it on the radar.

Silver Stocks

PAAS, SLW and WTZ are acting very well today so put them on the trading radar.

HOLX

Hologic, Inc. has a good looking chart and the stock has a good tone to it today so put it on the radar for a possible swing trade.

AUY

Yamana Gold, Inc. is acting well today after correcting for most of the week so keep it on the trading radar for a possible swing setup.

NEM

Newmont Mining Corp. is starting to heat up a little bit here so put it on the trading radar.

GOOG

Google, Inc. is acting very well today so put it on the trading radar.

TFSM

TFSM 24/7 Real Media, Inc. MACD looks bullish on a daily chart as the fast line is getting ready to cross the slow line so put it on the radar for a possible swing setup.

ILMN

Illumnia, Inc. has broken out and made a new 52 week high today so put it on the trading radar.

AAPL

Apple Computer, Inc. continues to act well as it comes off of a bottom so put it on the trading radar.

Top Performers

oats / hlth / mrvc / ardi / snps/ cryp / asf / hpq / thc / fis

GMXR

GMX Resources, Inc. continues to act well so put it on the trading radar.

TIE

Titanium Metals Corp. is acting very well in early trading so put it on the radar.

7 Stocks You Need To Know For Today

Hewlett Packard (NYSE:HPQ - News) beat by $0.04 and beat on revenues. Q1 profit rose 30%. The company raised its stock buyback program by an additional $4 billion. Shares of HPQ are trading up pre-open. HPQ's PowerRating is 5.

TS

Tenaris S.A. ADS is trading up in pre-market and has a good looking daily chart so put the stock on the trading radar.

TS CHART

Stocks Trading Up In Pre-Market

VISG, NTAP, CROX, QDEL, KRY, AAPL, GOOG, BIDU, CRYP, MEDX, AMAT, ATYT, VTAL, DSTI, BCRX, BIIB, GNTA, PTEN, OATS, HLTH, BRCM, AKAM, HPQ, TOT, THC, TS, BSX, ABB, GNBT, SOHU, and BMHC

Budd Foxx

Stocks to Watch

Among the companies whose shares are expected to see active trade in Thursday's session are Hewlett-Packard Co., Applied Materials Inc., Dell Inc. and Target Corp.

Upgrades and Downgrades

Stocks upgraded this morning include:
SNPS, HON, GENZ, AEA, ISLE, PNC, and THC

Stocks downgraded this morning include:
AZR, AGP, MDCO, PENN, RAIL, PFCB, EMR, EXPE, BDAY, and STLD

Budd Foxx

Morning News

  • Futures are pointing to a flat to slightly lower open today.
  • January housing starts to be released today.
  • Weekly jobless claims also to be released today.
  • January Import Price Index to be released.
  • February Philly Fed survey also to be released.
  • Ben Bernanke enters his second day of testifying on Capital Hill today.
  • Amazon.Com Inc. in talks with music companies about a digital music service.
  • Newmont Mining Corp. to pay Indonesia $30 million to end pollution suit.
  • Tyson Foods Inc. to close Nebraska plants and cut close to 1700 jobs.
  • Morgan Stanley lifts it's forcast on oil.
  • Crude Oil is $58.37 per barrel.
  • Wholesale Gasoline up just a bit to $1.42 per gallon.
  • Natural Gas at $7.14 per unit.
  • Gold is currently $544.10 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Advance Auto Parts (AAP)
American Medical Systems (AMMD)
Audible Inc. (ADBL)
Baker Hughes Inc. (BHI)
Biopure Corp. (BPUR)
Brocade Comminications Systems Inc. (BRCD)
BTU International (BTUI)
BucyRus International Inc. (BUCY)
Cabot Oil & Gas Corp. (COG)
Daimler Chrysler (DCX)
Global Industries (GLBL)
Intuit (INTU)
Loews Corp. (LTR)
Natural Gas Services Group Inc. (NGS)
Navigant Consulting (NCI)
Target Corp. (TGT)
XM Satellite Radio (XMSR)
Youbet.Com (UBET)

Budd Foxx

Wednesday, February 15, 2006

10 Interesting Charts

WFR,BBD,CNQR,ET,EXP

GOL,INFA,PCU,NSC,BNI

DSTI CHART

MACD is looking bullish on a daily chart and the stock traded up on above average volume today so put it on the radar for Thursday. Posted by Picasa

ABY

Companhia Cervejaria is golden stock picks free swing setup for Thursday.

Stocks Trading Up In After Hours

NTAP, AMAT, CEPH, BBBY, VISG, KBAY, SNPS, QDEL, CYBE, and LIOX

Budd Foxx

PNK CHART

MACD is staring to look bullish and volume was above average today. Put this stock on the radar for Thursday as a possible swing setup. Posted by Picasa

MTW

Manitowoc Co, Inc. has broken out and made a new 52 week high today so put this stock on the trading radar.

CMED

China Medical Tech, Inc. is acting well today so put it on the trading radar.

HANS

Hansen Natural Corp. is acting very well today and could be a momentum play if the stock is closing strong. Closing above the 50 dma would be bullish. MACD is starting to turn up. Taking out $86.65 would be a very good sign.

Railroad Stocks to Watch

BNI/NSC /UNP/RAIL/CNI/CSX

CHARTS

NEM

Newmont Mining Corp is acting well today so put it on the trading radar.

NSC

Norfolk Southern Corp. this stock will breakout above $50 per share so keep it on the radar. The stock has a bull flag on a daily chart.

NSC CHART

CAT

Caterpillar, Inc. continues to act well so put it on the trading radar.

BOOM

Dynamic Materials, Inc. is getting active so put it on the trading radar this week.

Top Performers

SSYS / LGBT / CNVR / ITRI / GNTA / DDDC / SNDA / NBP / OKE / WMS / YCC

FOXH

Foxhollow Tech, Inc. is acting very well in early trading so put it on the radar.

AAPL

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

CEPH

Cephalon (NasdaqNM:CEPH - News) missed by $0.03 but beat on revenues and guided higher. The stock was upgraded to Buy at Jeffries with an $85 price target.

GNTA

Genta, Inc. is trading up in pre-market this morning so put it on the trading radar.

7 Stocks You Need To Know For Today

Here are 7 stocks for day traders for Wednesday:

Abercrombie & Fitch (NYSE:ANF - News) beat by $0.02; earnings rose 50% in Q4. ANF's Power Rating is 6.

Stocks Trading Up In Pre-Market

MCO, BL, SNDA, GNTA, SIRI, NVAX, CALP, INFY, LOUD, INFA, PLAB, PGNX, ENDP, CEPH, WFII, NIHD, ITRI, STX, IM, and BOBJ

Budd Foxx

OIH CHART

The OIH has broken the trendline as well as the 50 dma. Volume was heavy on this selloff and this could be a short candidate. Posted by Picasa

7 Options You Need To Know For Wednesday

Here are 7 options for option traders for Wednesday:

Itron (NasdaqNM:ITRI - News) beat by $0.11. The stock closed at 50.65 and the Mar 50 calls (IUP CJ) closed at 3.30 - 3.40. ITRI's PowerRating is 5.

Upgrades and Downgrades

Stocks upgraded this morning include:
COF, WMS, MWV, UDR, AEM, DGIN, BOBJ, ABPI, FLS, and WCN

Stocks downgraded this morning include:
CSR, SSCC, TIN, SNE, ZIPR, and CD

Budd Foxx

Morning News

  • Futures are pointing to a slightly lower open this morning.
  • Weekly oil inventories to be released this morning.
  • Feb. Empire State manufactoring survey to be released today.
  • Jan. industrial production numbers to be released today.
  • Ben Bernanke to make his first speech today as Federal Reserve Chairman. He will be speaking with The House Financial Services Committee.
  • Late yesterday the Senate voted against the Asbestos Bill.
  • Nasdaq Stock Market planning to create a new market tier for companies with higher listing standards.
  • Eli Lilly & Company will not pursue U.S. approval for it's drug Yentreve/AriClaim.
  • Crude has dipped below 60 bucks to $59.76 per barrel.
  • Wholesale Gasoline is $1.40 per gallon.
  • Natural Gas down to $7.16 per unit.
  • Gold is currently $550.10 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Aftermarket Technology (ATAC)
Aquantive Inc. (AQNT)
Biogen Idec. Inc. (BIIB)
Caribou Coffee Inc. (CBOU)
Denny's Corp. (DENN)
DPL Inc. (DPL)
DTE Energy Company (DTE)
Endo Pharmaceuticals (ENDP)
Forest Oil Corp. (FST)
Genzyme Corp. (GENZ)
Hewlett Packard (HPQ)
Millenium Cell Inc. (MCEL)
Mittal Steel (ZEUS)
Progress Energy (PGN)
Yankee Candle (YCC)

Budd Foxx

CAT CHART

 Posted by Picasa

TIE CHART

Keep your eye on TIE on Wednesday as the Full Sto is giving a buy signal as the fast line is crossing the slow line.  Posted by Picasa

Tuesday, February 14, 2006

ILMN CHART

ILMN has a possible bull flag on the chart and a breakout above $ 23.07 would be a very good sign.  Posted by Picasa

SILVER CHART

Nice support today at the 50 dma on Silver.  Posted by Picasa

ING

Ing Groep NV ADR is golden stock picks free swing setup for Wednesday.

ING CHART

Silver Stocks

Here are some silver stocks that are acting very well today:

PAAS, SLW and WTZ

Stocks in Motion

AAPL, BOOM, DNA, and FOXH

Rail Road Index

The Rail Road Index aapears to be breaking out of this bull flag so keep the rail road stocks on the trading radar. Posted by Picasa

NSC

Norfolk Southern, Corp another rail road stock that has a great looking chart. Possible bull flag on this chart as well. A breakout above $50 would be a very good sign.

NSC CHART

BNI CHART

BNI has a possible bull flag on a daily chart and a breakout above $80 on good volume would be a very good sign. Posted by Picasa
Search Engine Submission and Search Engine Optimization

Disclaimer: This website may include stock market analysis. Any ideas or opinions expressed by us is for informational purposes. Trade at your own financial risk as we assume no responsibility for your investing decisions in the markets. Blogarama - The Blogs Directory BlogRankers.com Business Blog Top Sites TopBlog.ws - Top 
Blog, Directory and Search Engine <