Wednesday, May 31, 2006

LDSH CHART

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

ISRG

Intuitive Surgical, Inc. has a good tone to it this afternoon so put it on the radar.

TOO

Too Inc. just made a new 52 week high so keep this stock on that trading radar.

Budd Foxx

NTRI

Nutrisystem Inc. also seems to be heating up just a bit here so keep this stock on that watchlist this afternoon.

Budd Foxx

BRCM

Broadcom Corp. making new highs on the day here so keep this stock on that radar this afternoon.

Budd Foxx

NTGR

Netgear, Inc. is acting very well today so put it on the radar this afternoon.

Railroad Stocks

BNI, NSC and UNP are acting well today so put them on the trading radar.

FFIV

F5 Networks, Inc. is acting well in early trading so put it on the radar.

Top Performers

IVAN / WSTC / ANDW / NRG / DYN / GFI

RIG

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

PD

Phelps Dodge Corp. is acting well in early trading so put it on the radar.

OXY

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

DJIA CHART

Breaking support at 11030 could take us down to the 10900 areaPosted by Picasa

IVAN

Ivanhoe Energy, Inc. is ripping in pre-market so put it on the radar today.

Stocks Trading Up In Pre-Market

TIE, IVAN, RIMM, CPST, GOOG, ANDE, ANDW, VSNT, NPSP, SMTC, SIRI, CGPI, FFIV, PEIX, CRXL, SIMC, ATYT, FNSR, CLG, SNDK, AAPL, ENER, and CRDN

Budd Foxx

7 Stocks You Need To Know For Today

Freddie Mac (FRE) reported $2.75, beating estimates but well off the $3.94 a year ago. FRE's PowerRating is 4.

Costco (COST) reports before the open Wednesday; look for $0.50. COST's PowerRating is 5.

Tiffany (TIF) reports before the open Wednesday; look for $0.28. TIF's PowerRating is 5.

A director at LoJack (LOJN) bought 5000 shares in the 17 1/2 area. LOJN's PowerRating is 4.

Upgrades and Downgrades

Upgraded this morning include:
APA, VG, CE, IVAN, EAS, HCA, BOT, GFI, EXPE, NCTY, HXL, FFIV, PDX, OS, GGG, LSTR, RIMM, and SMTC

Downgraded this morning include:
NFG, HOKU, LLL, ACR, ASD, IR, and BVN

Budd Foxx

Morning News

  • Futures are up just a bit this morning pointing to a slightly higher open.
  • Investors attention will be focused on the minutes to be released from the last Federal Reserve interest rate meeting.
  • OPEC meeting today. It is believed production will remain at 28 million barrels per day.
  • With Memorial Day this week I believe the Energy Dept. will release oil inventories on Thursday.
  • It is now believed more than 5,800 people have been killed in Indonesia. The quake over the weekend has now left more than 640,000 people displaced. The United States has lifted its aid contribution to 5 million dollars.
  • Novartis announcing the FDA has approved its Omnitrope Hormone used to traet growth disorders.
  • Papa Jophn's same store sales for May increase by 5.2%
  • Goldman Sachs has lifted its view on gold to attractive from neutral. Goldman has also lifted its price estimate for 2006 to $635.00 per ounce.
  • J.P Morgan upgrades Research In Motion this morning.
  • Crude Oil is down just a bit to $71.34 per barrel.
  • Wholesale gas remains high at $2.13 per gallon.
  • Natural Gas just above $6.00 per unit.
  • Gold down slightly to $659.00 per ounce.
Budd Foxx

Tuesday, May 30, 2006

SIRI

Sirus Satellite Radio, Inc. continues to act well so put it on the trading radar.

DLB

Dolby Laboratories, Inc. is acting well today and has an improving chart so put it on the radar.

DLB CHART

NANO

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

GLD

Streetracks Gold Trust has a decent tone in early trading so put it on the radar.

Top Performers

CGPI / MFLX / KMI / TRB / DRL / HL / SLW

PAAS

Pan American Silver Corp. has a good tone in early trading so put it on the radar.

MNG

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

SLW

Silver Wheaton Corp. is trading up in pre-market so put it on the radar.

Turn short-term fear into long-term profit

Volatility is way up. Your stomach, tied in knots by the drop in global equities and commodity prices, tells you that. Fear is back.

Stocks Trading Up In Pre-Market

DELL, SUNW, SIRI, HCTL, NVEC, PEIX, VICL, NG, ERICY, CGPI, MFLX, NCTY, GTOP, GILD, NYNY, MGPI, LVS, TIVO, MARSB, KMI, VOD, USO, CHK, GG, TS, NBIX, HAL, AL, CVX, CPRT, and ANDE

Budd Foxx

7 Stocks You Need To Know For Today

Albertson's (ABS) announces earnings before the open on Tuesday; consensus is 0.24 EPS. ABS's PowerRating is 5.

Avanex (AVNX) jumped from a PowerRating of 5 on Thursday to 7 on Friday.

Google (GOOG) and Dell (DELL) announced a multi-year partnership to install Google software onto Dell computers before they are shipped. GOOG's PowerRating and DELL's PowerRating.

TiVo (TIVO) is PowerRated 9. TIVO is currently in a pullback to its 200 day Moving Average.

Upgrades and Downgrades

Upgraded this morning include:
CWCO, AMAT, OEH, NFX, ASML, CERN, SUNW, ECLP, TER, CPRT, SIRF, SIRI, BRL, NHWK, and MFLX

Downgraded this morning include:
ITY, NAV, GGC, HUMC, DELL, and GM

Budd Foxx

Morning News

  • Futures are down this morning pointing to a lower open.
  • May consumer confidence to be released today.
  • Supplies reaching Indonesia after a 6.3 earthquake rocks the area on saturday. It is believed that more than 5,400 people have lost there lives. An estimated 200,000 people have been left homeless after the quake.
  • Wal-Mart same store sales for May rise 2.3% which is at the low end of expectations.
  • Donald Evans, and Hank Paulson seem to be the front runners to replace John Snow.
  • Iran minister now saying that the U.S. is not capable of attack.
  • CEO and group of investors offering to take Kinder Morgan private.
  • Malaysia in talks to bring Disney Theme Park to Southeast Asia.
  • General Motors downgraded this morning at Deutsche Bank.
  • Crude Oil is $71.85 per barrel.
  • Wholesale gasoline currently $2.13 per gallon.
  • Natural gas remains just above $6.00 per unit.
  • Gold holding right at $651.00 per ounce.
Budd Foxx

Monday, May 29, 2006

UNFI

United Natural Foods, Inc. is the trader hr free swing setup for Tuesday.

Sunday, May 28, 2006

DIS

Walt Disney Co. is golden stock picks free swing setup for Tuesday.

Saturday, May 27, 2006

This stock acted very well on Friday and the MACD is looking bullish so put it on the radar this coming week. Posted by Picasa

The Daily Routine of a Swing Trader

Swing trading combines fundamental and technical analysis in order to catch momentous price movements while avoiding idle times. The benefits of this type of trading are a more efficient use of capital and higher returns, and the drawbacks are higher commissions and more volatility. Swing trading can be difficult for the average retail trader. The professional traders have more experience, more leverage, more information and lower commissions; however, they are limited by the instruments they are allowed to trade, the risk they are capable of taking on and their large amount of capital. (Large institutions trade in sizes too big to move in and out of stocks quickly.) Knowledgeable retail traders can take advantage of these things in order to profit consistently in the marketplace. In this article, we lay out what a good daily trading routine and strategy looks like, and show you how you can be similarly successful in your trading activities.

Pre-Market
The retail swing trader will often begin his or her day at 6am (EST), well before the opening bell. The time before open is crucial for getting an overall feel for the day's market, finding potential trades, creating a daily watch list and, finally, checking up on existing positions.

Friday, May 26, 2006

KRY

Crystallex International Corp. is acting well this afternoon so put it on the radar.

LVS

Las Vegas Sands Corp. is acting very well today so put it on the radar this afternoon.

One-Week High-Volume Gainers

Stocks that have gained 5% or more in the past week with two-week average trading volume at least double the average volume of the past quarter.


One-Week Gainers

DAKT

Daktronics, Inc. has a decent tone to it today so put it on the radar.

MED

Medifast, Inc. has a decent tone and good looking chart so put it on the radar.

GROW

U.S. Global Investors, Inc. continues to act well so put it on the radar this afternoon.

Top Performers

CBST / AVNR / SGMO/ LVS / UIS / GGB / SID

LEH

Lehman Brothers Holdings, Inc. is acting well in early trading so put it on the radar.

GS

Goldman Sachs Group was upgraded this morning by UBS so put it on the radar.

SIRI

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

BNI

Burlington Northern Santa Fe Corp. is acting well in early trading so put it on the radar.

Stocks Trading Up In Pre-Market

SCHW, LEND, EBAY, MROI, ADSK, HANS, PLMD, JNPR, SIRI, CROX, SGMO, UARM, CBST, TIE, DELL, NXG, CELG, DAKT, SKIL, LOW, JOYG, HOM, ERS, BIDU, AAPL, and DSTI

Budd Foxx

7 Stocks You Need To Know For Today

Agile Software (AGIL) beat by $0.02. AGIL's PowerRating is 5.

Weight Watchers (WTW) announced a $250 million stock buyback. WTW's PowerRating is 6.

Creedence Ssytems (CMOS) reported ($0.14) and guided lower. CMOS's PowerRating is 6.

Ditech (DITC) beat by $0.06 and guided revenues higher for Q1. DITC's PowerRating is 6.

Upgrades and Downgrades

Upgraded this morning include:
UFCS, TCO, EOG, LEND, REG, GGP, TSU, BT, PLMD, MER, GS, SCHW, BORL, N, and GM

Downgraded this morning include:
CMOS, OXY, SNV, TRFC, and SUPG

Budd Foxx

Morning news

  • Futures are pointing to a slightly lower open this morning.
  • University of Michigan to release final reading on consumer sentiment at 9:45 this morning.
  • April personal income and spending also to be released today.
  • U.S. Senate has passed immigration bill on a vote of 62 - 36.
  • Texas jury finds Kenneth Lay and Jeffrey Skilling guilty on almost all charges against them in the Enron trial.
  • Google Inc. and Dell teaming up to factory install Google desktop tools in Dell computers.
  • General Motors upgraded for the second time in three days.
  • Reports are out that John Snow will leave his post as Treasury Secratary within the next two months.
  • Las Vegas Sands has been chosen to build Singapore's first casino.
  • Crude oil is back up to $71.64 per barrel.
  • Wholesale gasoline is $2.10 per gallon.
  • Natural gas up a bit to $6.53 per unit.
  • Gold getting some back current price is $653.00 per ounce.
Budd Foxx

Thursday, May 25, 2006

K

Kellogg Co. is golden stock picks free swing setup for Friday.

HANS

Hansen Natural Corp. is acting very well this afternoon and could be momentum if the stock is closing strong.

Oil Related Stocks to Watch

DO, RIG, and HAL

PD

Phelps Dodge Corp. has a good tone to it this afternoon and could be momentum if the stock is closing strong.

CUP

Peru Copper, Inc. is acting well this afternoon so put it on the radar.

OII

Oceaneering International, Inc. is acting very well this afternoon so put it on the radar.

Metal Stocks to Watch

TIE, RTI and ATI are acting well today so put them on the radar this afternoon.

HOC

Holly Corp. is acting very well this afternoon so put it on the radar as it could be momentum.

FCX

Freeport-McMoran Copper & Gold, Inc. is acting very well so put it on the radar this afternoon.

Top Performers

ENCY / HOKU / ARTG / BDCO / UNFI / SKYW / SGY / BLI / FBN

DNA

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

OXY

Occidental Petroleum Corp. is acting very well in early trading so put it on the radar.

LOW

Lowe's Companies, Inc. just announced a 2-1 split so put this stock on the radar today.

EBAY

EBAY, Inc. was upgraded and has a new partnership with Yahoo. This stock should be hot today so put it on the radar.

Stocks Trading Up In Pre-Market

EBAY, SIRI, YHOO, ENCY, PEIX, PDC, AKAM, BDCO, AAPL, MGPI, CELG, PALM, ERTS, COGO, KLAC, OSIS, BOOM, TIE, SGY, JLG, IWM, WMT, SBAC, CHINA, TS, AMD, SAP, RTP, TOT, GENZ, VLO, SSRI, RF, INSM, and CUP

Budd Foxx

Yahoo! and eBay Form Strategic Partnership

SUNNYVALE & SAN JOSE, Calif.--(BUSINESS WIRE)--May 25, 2006--Yahoo! Inc. (Nasdaq:YHOO - News) and eBay Inc. (Nasdaq:EBAY - News) today announced a multi-year strategic partnership designed to mutually benefit both companies by better serving their user, merchant, and advertising communities in the U.S. The agreement consists of four major components in the areas of search and graphical advertising, online payments, a co-branded toolbar, and the opportunity to explore "click-to-call" functionality.

Upgrades and Downgrades

Upgraded this morning include:
WMT, CECO, VIP, KNX, NTLI, FBN, ATO, CNB, ONXX, ITG, AZN, GENZ, DRI, GLG, SKYW, EBAY, WB, AEP, and KLAC

Downgraded this morning include:
RYL, XMSR, DG, BCSI, ASBC, MRBK, and HPQ

Budd Foxx

7 Stocks You Need To Know For Today

Tivo (TIVO) beat by $0.09 and issued in-line guidance. TIVO's PowerRating is 7.

Network Appliance
(NTAP) was in-line at $0.23. NTAP's PowerRating is 5.

Opsware (OPSW) reported a penny loss--in-line--but beat on revenues. The company guided higher for fiscal 2007.OPSW's PowerRating is 4.

Petco (PETC) beat by a penny, but revenues were light. The company guided lower for Q2, now seeing $0.23 - $0.25 vs. $0.30. PETC's PowerRating is 5.

Michael's Stores (MIK) was in-line at $0.38. MIK's PowerRating is 5.

Morning News

  • Futures are pointing to a flat to slightly higher open this morning.
  • First quarter GDP data to be released today.
  • Initial jobless claims will be released at 8:30 this morning.
  • Existing home sales also due to be released this morning.
  • Vonage debut worst since 2004. The stock closed on the day down nearly 13% from its opening price.
  • Home Depot Inc. to hold its annual meeting today. In focus will be the CEO pay package.
  • CBS Corp. and Howard Stern reportedly reach a settlement in a breach of contract lawsuit.
  • MasterCard IPO comes in slightly lower than expectations. 61.5 million shares priced at $39.00 each.
  • Reports are out that General Motors has reached buyout deals with more than 20,000 U.S. factory workers.
  • Regions Financial Corp. reaches $10 billion merger deal with AmSouth Bancorp.
  • Wal-Mart upgraded to a buy from neutral at Banc of America Securities.
  • Ebay Inc. upgraded to overweight from neutral at Prudential Equity Group.
  • Crude Oil is $70.30 per barrel.
  • Wholesale gasoline is $2.04 per gallon.
  • Natural gas just below $6.00 per unit.
  • Gold got wacked yesterday current price is $643.00 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Big Lots Inc. (BLI)
Brown Shoe Company (BWS)
CDC Corp. (CHINA)
Chico's FAS, Inc. (CHS)
Credence Systems Corp. (CMOS)
Flowers Foods (FLO)
Frontier Airlines (FRNT)
Genesco (GCO)
Hormel Foods Corp. (HRL)
Joy Global Inc. (JOYG)
Metal Management Inc. (MTLM)
Patterson Dental (PDCO)
Pioneer Drilling Company (PDC)
Toro (TTC)
United Natural Foods (UNFI)

Budd Foxx

Wednesday, May 24, 2006

LOW

Lowe's Companies, Inc. has a good tone to it today so put it on the radar as it could be momentum.

ADSK

Autodesk, Inc. is acting well going into the close so put it on the radar.

YHOO

Yahoo, Inc. acts well today so put it on the radar as it could be momentum if the stock is closing strong.

Nasdaq Chart

We are very oversold here.  Posted by Picasa

NTES

Netease.com, Inc. has a decent tone to it today so put it on the radar.

DAKT

Daktronics, Inc. is acting very well this afternoon so put it on the radar.

6 in Indonesian family die of bird flu

An Indonesian family infected with bird flu may have passed the disease among themselves rather than individually catching it from poultry, but the World Health Organization is leaving its pandemic alert level unchanged, the agency said Wednesday.

Six of seven people in the extended family in northern Sumatra who caught the disease have died, the most recent on Monday. An eighth person who died was buried before tests could be conducted, but she was considered to be among those infected with the H5N1 strain of bird flu.

WHO is investigating whether the strain was spread among family members, although it said Wednesday there was no evidence the virus had mutated to a form that will spread more easily between humans, possibly sparking a pandemic.

CUP

Peru Copper, Inc. is acting very well today so put it on the radar.

Oil Inventories

Energy Department just released the following.

Crude Oil inventories down 3 million barrels.
Gasoline inventories up 2.1 million barrels.
Distillates inventories saw a build of 2.5 million barrels.

Budd Foxx

FOXH

Fox Hollow, Inc. is acting well today so put it on the trading radar.

ISRG GAP FILLED

Intuitive Surgical, Inc. has filled the gap down around the $107 range so put this stock on the radar this week.

ISRG CHART

AMD

Advanced Micro Devices has a decent tone in early trading so put it on the radar.

TIE

Titanium Metals Corp. is starting to heat up so put it on the trading radar.

GOOG

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

Top Performers

NVAX / BCRX / BOOM / ANGO / PSS / GM / MDT / AMD

PEIX

Pacific Ethanol, Inc. acted very well yesterday and is trading up in pre-market this morning so put it on the radar.

BOOM

Dynamic Materials, Corp. has contract news this morning and the stock is trading up in pre-market so put it on the radar.

Stocks Trading Up In Pre-Market

GM, GILD, NVAX, AVII, GNBT, HEB, BCRX, PPHM, BOOM, SFCC, GOOG, GLBC, PEIX, IDEV, SAFM, MDT, CBMX, AAPL, SNDA, MICC, LOGI, LNUX, and SNDK

Budd Foxx

Bird Flu Stocks to Watch

AVII, HEB, SVA, NVAX, BCRX, GNBT, PPHM and GILD

Upgrades and Downgrades

Upgraded this morning include:
FCN, REP, CA, STM, VRTX, SGEN, LOGI, NCI, ABI, JBL, EXPD, and GM

Downgraded this morning include:

Budd Foxx

Morning News

  • Futures are pointing to a slightly lower open this morning.
  • Weekly oil inventories to be released at 10:30 this morning.
  • April durable goods orders to be released at 8:30 this morning.
  • April new home sales also to be released today.
  • World Health Organization looking into possible human to human transmission of the bird flu in Indonesia.
  • Dell Inc. to open pilot stores.
  • 2006 hurricane season expected to be active with forcast of 4-6 major hurricanes. This forcast calls for a calmer season than the 2005 season.
  • Honda Motor Corp. has plans to sell diesel powered vehicles in the U.S. by 2009.
  • Crude oil down a bit this morning to $71.10 per barrel.
  • Wholesale gasoline is $2.09 per gallon.
  • Natural gas just above $6.00 per unit.
  • Gold pulling back to $663.00 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

AutoZone Inc. (AZO)
Blue Coat Systems (BCSI)
Coldwater Creek (CWTR)
Daktronics (DAKT)
DocuCorp International (DOCC)
Dollar Tree Stores (DLTR)
Eaton Vance Corp. (EV)
JLG Industries (JLG)
Michaels Stores (MIK)
Network Appliance (NTAP)
Petco Animal Supplies (PETC)
Tivo Inc. (TIVO)
Willaims Sonoma (WSM)

Budd Foxx

Tuesday, May 23, 2006

CCJ

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

FCX

Freeport-McMoran Copper & Gold, Inc. is acting well this afternoon so put it on your watchlist.

CUP

Peru Copper, Inc. is acting well this afternoon so put it on the radar.

GROW

U.S. Global Investors, Inc. is acting very well today so put it on the radar for a possible swing setup.

NTRI

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

GRMN

Garmin, Ltd. has a decent tone to it today so put it on your watchlist.

ENER

Energy Conversion Devices, Inc. is acting well this morning so put it on the trading radar.

GEOI

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

SNDK

Sandisk, Inc. is starting to heat up a bit here so put it on the radar.

Gold Related Stocks to Watch

MNG, TRE, EZM, SLW, PAAS, HL

AUY, NG, GLD, GG, SLV and GOLD

Oil Related Stocks to Watch

SU, XOM, RIG, OXY, DO, JOYG, OIH, and XLE

GOOG and CME

GOOG and CME are acting well in early trading so put them on your watchlist.

PEIX

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

JOYG

Joy Global, Inc. was upgraded today and is acting very well in early trading so put it on the radar.

PD

Phelps Dodge Corp. has a very good tone in early trading so put it on the radar.

Top Performers

FRGO / ESCL / BLDP / TECD / CHUX

BUCY / TTI / TIE /RTI / ATI

Railroad Stocks

BNI, NSC and UNP continue to act well so put them on the trading radar.

SLW

Silver Wheaton, Corp. is acting well in early trading so put it on the radar.

HANS

Hansen Natural is trading up in pre-market this morning so put it on the radar today.

TIE

Titanium Metals Corp. is trading up in pre-market this morning so put it on the radar. Other stocks to watch in the same group include:

ATI and RTI

Stocks Trading Up In Pre-Market

TIE, PEIX, GLNG, AAPL, GOOG, BIDU, BSET, YHOO, GERN, ESCL, HANS, QCOM, BRCM, ASML, IIIN, BLDP, SNDK, LOGI, DXPE, HOM, CENX, MRVL, NTRI, ERS, JOYG, ATI, MGPI, FRGO, ESLR, and IFO

Budd Foxx

Ethanol: Myths and Realities

With high gas prices making alternative fuels increasingly attractive, no alternative fuel has received as much attention as ethanol. Some hail the fuel, which can be derived from plants including corn, wheat, barley and sugarcane, as a savior of American energy policy, while others see it as a fad popularized by its heavily subsidized corporate backers.

Upgrades and Downgrades

Upgraded this morning include:
LSTR, CRESY, GMK, ATI, GT, XMSR, MOLX, BECN, TSO, and ASML

Downgraded this morning include:
JAMS, RMK, and TRID

Budd Foxx

Morning News

  • Futures are pointing to a slightly higher open this morning.
  • Toll Brothers reports a 3% rise in net income, but the company has lowered its 2006 earnings guidance.
  • Fannie Mae to pay $400 million to settle probe into accounting manipulation.
  • Intel Corp. to help launch low cost computers and notebooks in India.
  • New Orleans officials testing new evacuation plans, and emergency response for the next two days in case of another hurricane. The official start to hurricane season is next week.
  • Toyota Motor Corp. has rolled out its first Camry made in new factory in China. This all part of the companies plan to get in on the fastest growing vehicle market.
  • Conoco Phillips and Saudi Arabia to sign $6 billion refinery deal.
  • Crude oil making a move to the upside current price is $70.80 per barrel.
  • Wholesale gasoline is $2.09 per gallon.
  • Natural gas currently $6.36 per unit.
  • Gold is up just a bit today to $662.00 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

AFC Enterprises (AFCE)
Ansoft Corp. (ANST)
CBRL Group (CBRL)
Computer Sciences Corp. (CSC)
Dycom Industries (DY)
Medtronic Inc. (MDT)
Palm Harbor Homes (PHHM)
Perry Ellis International (PERY)
Phillips Van Heusen (PVH)
Shiloh Industries (SHLO)
Sonic Solutions (SNIC)
Toll Brothers (TOL)

Budd Foxx

Monday, May 22, 2006

CPB CHART

Campbell Soup Co. moved up on good earnings today so put it on the radar for the rest of the week. Posted by Picasa

7 Stocks You Need To Know For Tuesday

Wet Seal (WTSLA) beat by $0.04; revenues were slightly higher than expected. WTSLA's PowerRating is 4.

Verifone (PAY) beat by $0.02. PAY's PowerRating is 5.

Mentor Corp. (MNT) missed by $0.02; revenues were slightly higher than expected. The company also guided lower. MNT's PowerRating is 5.

Teva Pharmaceuticals (TEVA) received FDA approval to sell a generic version of Forest Lab's Lexapro; the two companies are currently in litigation over the patent. TEVA's PowerRating is 5.

CBRL Group (CBRL) is scheduled to report before the bell on Tuesday; look for $0.50. CBRL's PowerRating is 6.

SNA

Snap On, Inc. is closing strong so put it on the radar as it could be momentum.

UNP

Union Pacific Corp. is acting well going into the close so put it on the trading radar.

NSC

Norfolk Southern has a good tone in the last hour of trading so put it on the radar.

BNI

Burlington Northern Santa Fe is acting well and could be momentum if the stock is closing strong so put it on the trading radar.

MED

Medifast, Inc. is acting well this afternoon so put it on your watchlist this week.

AGYS

Agilysys, Inc. has a good tone to it this afternoon so put it on the radar.

SPTN

Spartan Stores, Inc. has a good tone to it today so put it on the trading radar.

SPTN CHART

BA

Boeing Company is holding up ok so put it on the radar as it could rally when the market goes green from our oversold conditions.

ELN

Elan, Corp. has a decent tone in early trading so put it on the radar.

EXAS

Exact Sciences Corp. is acting very well in early trading so put it on the radar.

GOOG sitting on the 200 dma

Google, Inc. is sitting right around the 200 dma so put it on your watchlist.

Top Performers

THLD / CMTL / DDS / TSN / MAT / PPC

9 stocks primed for a turnaround

Picking stocks that are primed for a rebound isn't as easy as it may seem. Here's a formula to identify shares that should be headed for an upswing, and 9 turnaround candidates. MSN Money investing expert Harry Domash reports.

Stocks Trading Up In Pre-Market

SBUX, YHOO, ZVXI, ERTS, AMGN, TMTA, FLSH, VPHM, PACT, FLEX, ARRS, NYX, LOW, JNPR, MOT, NYER, RSAS, MFLX, KBH, and TLT

Budd Foxx

WDC

Western Digital is the trader hr free weekly swing setup for today.

Upgrades and Downgrades

Upgraded this morning include:
UPS, AMZN, TS, MCHP, LU, AMX, PLCE, FTI, ATVI, FRX, SBUX, JNPR, AMGN, ROH, CY, ERTS, MDC, DIGE, and MAT

Downgraded this morning include:
ANN, N, NSM, and STJ

Budd Foxx

Morning News

  • Futures are down once again this morning pointing to a lower open.
  • NYSE Group Inc. offers $10.2 billion to buy Euronext. Euronext reported last week that they are in talks with a number of potential buyers.
  • Royal Dutch Shell in talks with China National Offshore Oil Corp. Shell looking to acquire a stake in CNOOC.
  • Vietnam and the U.S. to sign trade deal in June. This deal would allow Vietnam to be a part of the World Trade Organization.
  • Sonny Ericsson to launch a walkman cell phone in Japan.
  • Wal-Mart to sell its 16 stores it owns in South Korea.
  • The Lundberg Survey shows a decline in the price of gasoline for the first time since February. The survey of 7,000 gas stations shows a drop of just over a penny per gallon.
  • Crude oil is pulling back current price is $67.52 per barrel.
  • Wholesale gasoline is $2.01 per gallon.
  • Natural gas remains just below $6.00 per unit.
  • Gold continues to slide. Current price is $645.00 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Agilysys Inc. (AGYS)
Applied Signal Technology (APSG)
Campbell Soup. (CPB)
Double Hull Tankers Inc. (DHT)
Hastings Entertainment (HAST)
Lowe's Companies (LOW)
Mentor (MNT)
Stealth Gas Inc. (GASS)
Tech Data Corp. (TECD)
The Wet Seal Inc. (WTSLA)
Verifone Holdings Inc. (PAY)

Budd Foxx

Sunday, May 21, 2006

LNET

LodgeNet Entertainment is golden stock picks free swing setup for Monday.

Saturday, May 20, 2006

Commodities Futures

I’m pleased to see that Yahoo Finance has improved its home page Market Summary. If you click on “Indices” you will now find, in addition to “US-World” and “Most Actives”, a new service called “Commodities”.

After you click on Energy or Metals or Grains or Livestock or Softs or Indices, you will be presented with various symbols and last prices plus links to charts and price chains.

This is an elegant presentation of market data for which Yahoo Finance must be applauded.

The ball is now back to the Google Finance team.

Traders, isn’t life getting a whole lot better? Enjoy.

Via Bill Cara Blog

RNT CHART

Nice volume action on Friday and the MACD is looking bullish. Put this stock on your watchlist. Posted by Picasa

PTR CHART

This stock bounced off the 50 dma on Friday so put it on the radar this coming week. Posted by Picasa

Friday, May 19, 2006

LEARN FROM YOUR MISTAKES

Neophytes think their trading flaws will vanish after they get a few years of experience under their belts. But nothing could be further from the truth. In reality, even market professionals make costly mistakes that could have been avoided.

On Wednesday I made 17 trades and cashed in a series of big winners. It was a good day, but it would have been better if I didn't throw money away with stupid trading mistakes. But I rarely lose sleep about these errors, because it's hard to play the game with perfect discipline, day after day.

The market forgives traders' mistakes in easy times, letting us profit despite bad judgment and poor timing. But it's a different story when no clear trend guides the price action. In choppy and confused markets, a big loss can follow every small error.

OXY and OIH

Occidental Petroleum Corp. just made a new intraday high so put it on your radar. The OIH has also gone green.

ICE

Intercontinental Exchange, Inc. is acting well this afternoon so put it on the radar.

GS

Goldman Sachs Group is coming off a bottom and could be a reversal setup here so put it on the radar.

ENER

Energy Conservation Devices, Inc. has a good tone to it this afternoon so put it on your watchlist.

BIDU

Baidu.com, Inc. is acting well so put it on the trading radar.

SNDK

Sandisk, Inc. is acting well this afternoon so put it on your watchlist.

HANS

Hansen Natural Corp. has a decent tone to it this afternoon so put it on the radar.

ISRG

Intuitive Surgical, Inc. is acting well this afternoon so put it on the radar.

TIE

Titanium Metals, Corp. is starting to heat up so put it on the radar this afternoon as it could be momentum.

ELN

Elan Corp. acts well today so put it on your watchlist.

MATK

Marteck Biosciences Corp. has a very good tone to it this afternoon so put it on the radar.

NTRI

Nutrisystem, Inc. has a good tone to it this afternoon so put it on the trading radar.

BA

Boeing Company is acting well so put it on the radar this afternoon as it could be momentum.

AAPL sitting on the 200 dma

Apple Computer, Inc. institutions will sometimes support stocks at the 200 dma so keep this stock on the radar.

Railroad Stocks

BNI, and NSC have a decent tone to them today so put them on the radar.

RTI Gap

RTI International Metals, Inc. has filled the gap at $61.78 today so put this stock on the radar.

RTI CHART

SECTORS

Biotechs (BBH), Banks (RKH), Semis (SMH) and Utilites (UTH) have a decent tone to them today.

DNA

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

Markets - Price Advances - $10 - $500 range




MRVL

Marvell Tech Group, Ltd. is acting very after reporting good earnings so put it on the radar.

BRCM

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

Top Performers

BRLC / MRVL / AMD / FMCN / FORM / WDC / JNY / TIE

Insiders buying TIE

Yesterday while TIE was going down the CEO of the company was buying shares. Just type in the symbol: TIE

http://insidercow.com

Stocks Trading Up In Pre-Market

AMD, DNA, TS, DELL, PEIX, CTRP, MRVL, GOOG, FMCN, TIE, SHLD, KONG, NVAX, BRCD, AAPL, AMTD, TZOO, RMBS, SCLN, JOYG, BRCM, PHG, FL, ABB, ADSK, NATI, ANN, KONG, BIDU, FISV, HANS, and QCOM

Budd Foxx

Upgrades and Downgrades

Upgraded this morning include:
ABB, DELL, STO, CNET, RDA, S, PNM, NOV, NE, AME, NATI, AMD, MU, DVN, BP, BEN, NGG, and NVT

Downgraded this morning include:
IMCL, SFNT, DELL, FINL, CSC, CPWM, SHFL, and HNZ

Budd Foxx

7 Stocks You Need To Know For Today

Dell (DELL) was in-line, reporting $0.33 and said it will begin using AMD Opteron processors in its multi processor servers. DELL's PowerRating is 5.

Advanced Micro Devices
(AMD) will be in focus because of the Dell news. The stock traded up after hours. AMD's PowerRating is 7.

Marvell (MRVL) beat by $0.02. MRVL's PowerRating is 6.

Focus Media (FMCN) beat by $0.08 and guided Q2 higher. FMCN's PowerRating is 6.

Brocade (BRCD) beat by $0.04. BRCD's PowerRating is 6.

Morning News

  • Futures are up a bit this morning pointing to a higher open.
  • Northwest Airlines reaches deal with its ground workers. The bankrupt company trying to cut back on spending.
  • Dell Computer reported earnings after the bell last night, and also announced it will be using Advanced Micro Devices chips in some of its servers.
  • Mittal Steel raises its bid for Arcelor by 34%
  • Illumina Inc. to offer 3.5 million shares at $25.50 each.
  • American Tower Corp. may need to restate some of its financials after a probe by the Securities and Exchange Commission into its stock option activity.
  • Toyota Motor Company may be set to build its 8th North American factory.
  • U.N committee saying the U.S. should shut down the prison at Guantanamo Bay. The U.N doesn't believe the U.S should be using secret detention centers in the war on terror.
  • Crude oil bouncing back just a bit here to $69.85 per barrel.
  • Wholesale gasoline also up current price is $2.02 per gallon.
  • Natural gas remains under $6.00 per unit.
  • Gold is currently $680.00 per ounce.
Budd Foxx

Thursday, May 18, 2006

What's HOT-Biggest Up Moves

Barchart.com - Daily What's Hot - Biggest Up Moves for May 18

What's HOT

Dell to Use AMD Microprocessors

Dell Inc. said Thursday it will start using microprocessors from Advanced Micro Devices Inc. in some of its high-end servers, sending shares of the world's largest PC maker higher Thursday even as it reported an 18 percent drop in quarterly profit.

CUP

Peru Copper, Inc. is acting well today so put it on the radar.

KONG

Kong Zhong Corp. has a decent tone to it today so put it on the radar.

Top Performers

MKTY / ESCL / SHLD / BEAS / CTRP / TWPG

STP / STC / SSI / IT / LTD / VC /CHS

HANS

Hansen Natural Corp. has a decent tone in early trading so put it on the radar.

PD

Phelps Dodge, Corp. has a good tone in early trading so put it on the radar.

GOOG

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

Sears 1st-Qtr Profit Exceeds Estimates

Sears Holdings Corp., the largest U.S. department-store company, posted fiscal first-quarter profit that exceeded analyst estimates after reducing expenses. The shares rose as much as 9.5 percent.

Net income was $180 million, or $1.14 a share, Hoffman Estates, Illinois-based Sears said today in a statement. The average estimate of analysts surveyed by Thomson Financial was 65 cents a share. Revenue was $12 billion.

Stocks Trading Up In Pre-Market

AAPL, HANS, SHLD, CTRP, BRCM, AMTD, BEAS, QCOM, NTRI, GOOG, RMBS, SFCC, MRVL, SIMC, LTON, OPWV, ELOS, NBIX, SNPS, INTU, KONG, RVSN, SPWR, STP, HPQ, ESLR, GS, HMY, TIE, and GYMG

Budd Foxx

7 Stocks You Need To Know For Today

Sears Holding (SHLD) announces earnings before the open on Thursday; consensus is $0.62 EPS. SHLD's PowerRating is 6.

Longs Drug (LDG) beat earnings by $0.06, announcing $0.41 EPS. LDG's PowerRating is 8.

Men's Wearhouse (MW) beat earnings by $0.05, announcing $0.53 EPS. MW's PowerRating is 6.

Salesforce.com (CRM) announced earnings on Wednesday after the close, with $0.04 EPS versus expected $0.01. CRM's PowerRating is 6.

Upgrades and Downgrades

Upgraded this morning include:
GYMB, SBIT, SFG, STC, LTD, HPQ, PDCO, PLAB, AMIS, REP, STBA, TLB, LTON, and LPSN

Downgraded this morning include:
SNDS, HSIC, HBC, LEA, BRC, BLUD, NCOG, and TLB

Budd Foxx

Morning News

  • Futures are pointing to a higher open this morning.
  • Weekly jobless claims to be released this morning at 8:30.
  • Philly Fed survey will be released today as well.
  • Natural gas inventories will be released at 10:30 this morning.
  • Yesterday's fall in the DOW was its largest single day decline since March 24, 2003.
  • The Nasdaq is now in negative territory for 2006.
  • Burger King raising $425 million becoming the richest ever U.S. restaurant IPO. 25 million shares were priced at $17.oo per share.
  • Home Depo board has approved a $2 billion share buyback program.
  • Mittal Steel launches hostile takeover bid for Arcelor.
  • A jury has begun deliberating in the Enron Corp. trial. Eight women and four men will decide the fate of Kenneth Lay and Jeffrey Skilling.
  • Crude Oil pulling back to $68.45 per barrel.
  • Wholesale Gasoline has also pulled back current price is $1.97 per gallon.
  • Natural Gas just above $6.00 per unit.
  • Gold also pulling back a bit to $688.00 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Advance Auto Parts (AAP)
Aeropostale Inc. (ARO)
Autodesk Inc. (ADSK)
Barnes & Noble (BKS)
Brocade Communications Systems (BRCD)
Claire's Stores Inc. (CLE)
Dell Inc. (DELL)
Gamestop Corp. (GME)
Gap Inc. (GPS)
KongZhong Corp. (KONG)
Marvell Technology Group (MRVL)
Nordstrom (JWN)
Sears Holding Corp. (SHLD)
Stein Mart Inc. (SMRT)

Budd Foxx

Wednesday, May 17, 2006

Open Invitation to Beta v1.9 of Trade-Ideas PRO

We mentioned in a previous post our goal to reward readers of this blog with special invitations and announcements ahead of our other subscribers. We therefore present to you the opportunity to beta-test the next release of Trade-Ideas Pro, Version 1.9.

It is our intention to show our gratitude for your support and use of Trade-Ideas.

Here is the link to get started: http://www.trade-ideas.com/Samples/Setup_1_9_beta.ex

Today's Institutional Activity for all Sectors

Thomson I-Watch offers individual investors a window into the previously closed world of institutional trading. Before completing large block trades, "Big Money" traders express their interest by posting "advertising" buy or sell messages, revealing the short-term supply and demand for a particular stock.

AAPL

Apple Computer, Inc. is closing strong so put it on the radar as it could be a momentum play.

NTRI

Nutrisystems, Inc. has a decent tone to it today so put it on the radar.

MORN

Morningstar, Inc. continues to have a good tone so put it on the radar this afternoon. This stock breaks out around $47.60 per share.

SNDK

Sandisk Corp. is perking up so put it on the trading radar.

BRCM

Broadcom, Corp. has a decent tone to it today so put it on the radar. This stock has also filled the gap.

GOOG

Google, Inc. bounced off the 200 dma and is acting well today so put it on the radar.

Top Performers

LTXX / CBMX / ONXX / IOTN / ZLC

HL / HMY / GFI / THC / HPQ / CDE

HPQ

Hewlett-Packard Company is acting well in early trading so put it on the radar.

TIE

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

Stocks Trading Up In Pre-Market

SLW, NTES, HPQ, GG, GLD, BRCM, MRVL, MT, LTXX, GOOG, CBMX, BHP, NXG, OLAB, CDE, AUY, GFI, ADSK, AU, GV, TIE, ESLT, SINA, ZOLT, DROOY, BGO, ESRX, ERS, JOYG, and ZUMZ

Budd Foxx

OLAB CHART

This stock received support at the 50 dma yesterday when the market was down so put it on the radar this week.  Posted by Picasa

7 Stocks You Need To Know For Today

Hewlett Packard (HPQ) beat by $0.05 and raised guidance. HPQ's PowerRating is 7.

Abercrombie & Fitch (ANF) beat by $0.08 and guided higher. ANFs PowerRating is 7.

Applied Materials (AMAT) beat by $0.03; gross margins were in-line at 46.5%. AMAT's PowerRating is 5.

Netease (NTES) beat by $0.03. NTES's PowerRating is 5.

Upgrades and Downgrades

Upgraded this morning include:
AMAT, ADP, ADSK, HPQ, FWRD, and ONXX

Downgraded this morning include:
PTP, NBIX, TWGP, DOVP, HEW, and NBIX

Budd Foxx

Morning News

  • Futures are pointing to a lower open this morning.
  • Consumer Price Index to be released at 8:30 this morning.
  • Weekly oil inventories also to be released this morning at 10:30.
  • Verizon now saying the company has not turned over any customer records to the government.
  • Hewlett-Packard profit rises 51% on strong computer and printer sales.
  • General Motors to cut 1/3 of its workforce at a plant in England.
  • U.S. senate rejects bill on border security.
  • Government releases video tape of American Airlines plane crashing into the Pentagon on Sept.11 2001.
  • Honda Motor Company to build plant here in the U.S. as part of its global expansion plans.
  • Crude Oil is $69.73 per barrel.
  • Wholesale gasoline currently $2.03 per gallon.
  • Natural gas is $6.35 per unit.
  • Gold moving back up here to $712.00 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Acxiom (ACXM)
Bea Systems (BEAS)
Brady Corp. (BRC)
First Service (FSRV)
Foot Locker Inc. (FL)
Gymboree (GYMB)
Hot Topic (HOTT)
Intuit (INTU)
LinkTone (LTON)
Longs Drug Stores (LDG)
Napster (NAPS)
PetSmart (PETM)
Ross Stores Inc. (ROST)
Talbots (TLB)
Zale Corp. (ZLC)

Budd Foxx

Tuesday, May 16, 2006

DXPE

DXP Enterprises, Inc. is acting very well today and could be momentum if the stock is closing strong so put it on the radar.

CME

Chicago Mercantile Exchange Holdings has bounced off the 50 dma so put it on the radar.

CUP

Peru Copper, Inc. has a good tone to it so put it on the radar this afternoon.

FDS

Factset Research Systems, Inc. is acting very well today and could be momentum if the stock is closing strong.

MORN

Morning Star, Inc. is acting well today and breaks out around $47.60 per share so put it on the radar this week.

Top Performers

NCOG / CAMT / FOSL / ESCL / SEPR / IDT / TIE / SIE / ELN / VC

ELN

Elan Corp. continues to act well so put it on your watchlist.

PCU

Southern Copper Corp. has a decent tone in early trading so put it on the radar.

TIE

Titanium Metals Corp. has split and is acting well today so put it on the radar.

GS

Goldman Sachs Group, Inc. is very close to getting back to the 50 dma so put it on the radar.

GIGM CHART

Nice base forming on this stock so put it on the radar. This stock is also trading up in pre-market this morning.  Posted by Picasa

Stocks Trading Up In Pre-Market

RIMM, SEPR, SNDK, SOHU, UTSI, ESCL, CAMT, BOOM, ADBE, XMSR, PEIX, BRCM, SNY, EBAY, TIE, HOM, HYTM, LUFK, CTIC, XLE, NCOG, VLO, SIL, GIGM, MED, and CELG

Budd Foxx

Upgrades and Downgrades

Upgraded this morning include:
NOV, UNP, WAB, XMSR, BOW, RIMM, RHA, ADO, SOHU, THS, FDS, COGN, ADBE, NCTY, SNDK, BRCM and DOW

Downgraded this morning include:
NE, CAM, DISH, ZUMZ, COGN, and ACR

Budd Foxx

7 Stocks You Need To Know For Today

OSI Systems (OSIS) beat by $0.11 and reaffirmed guidance for the second half of 2006. OSIS's PowerRating is 5.

Agilent (A) beat by $0.03, ex-items; revenue was $1.43 billion. A's PowerRating is 6.

Deere (DE) is due to report before the opening bell Tuesday; look $2.30. DE's PowerRating is 6.

Wal Mart (WMT) is set to report before the bell Tuesday ; look for $0.61. WMT's PowerRating is 6.

Home Depot (HD) is also set to report Tuesday morning; look for $0.67. HD's PowerRating is 5.

Morning News

  • Futures are down once again this morning pointing to a lower open.
  • Producer Price Index to be released today.
  • Housing Starts will also be released today.
  • Industrial Production data for April will be released today.
  • President Bush made prime time address to the country last night. He talked immigration and the possibility of the National Guard protecting our borders.
  • United States removes Libya from its list of terrorist sponsors.
  • Ecuador terminates contract with Occidental Petroleum Corp. a contract that was worth up to 7% of oil and gas production in the first quarter.
  • BellSouth saying they have not given the government access to any of its customers call records. Reports yesterday stated that BellSouth, AT&T, and Verizon had turned over records to the government.
  • Crude Oil is currently $69.60 per barrel.
  • Wholesale Gasoline is $2.06 per gallon.
  • Natural Gas just over 6 bucks per unit.
  • Gold pulled back yesterday to $684.00 per ounce.
Budd Foxx

Earnings

Companies set to report today.

Ambercrombie & Fitch Co. (ANF)
American Eagle Outfitters Inc. (AEOS)
Applied Materials (AMAT)
BJ's Wholesale Club (BJ)
Compuware Corp. (CPWR)
Deere & Company (DE)
Dick's Sporting Goods Inc. (DKS)
Fossil Inc. (FOSL)
Hewlett-Packard (HPQ)
Home Depot Inc. (HD)
Netease.com Inc. (NTES)
Saks Inc. (SKS)
Staples Inc. (SPLS)
Wal-Mart Stores Inc. (WMT)

Budd Foxx

Monday, May 15, 2006

Retracements and Fibonacci Numbers

What Are Fibonacci Numbers

The original problem Fibonacci investigated (in the year 1202) was about how fast rabbits could breed in ideal circumstances.

Suppose a newly-born pair of rabbits, one male, one female, are put in a field. Rabbits are able to mate at the age of one month so at the end of its second month a female can produce another pair of rabbits. Suppose our rabbits never die and the female always produces one new pair (one male, one female) every month from the second month on. The puzzle Fibonacci posed was...

ABI

Applera Corp. breaks out around $29.50 so put it on the trading radar.

ISRG

Intuitive Surgical, Inc. is has a decent tone to it today so put it on the radar.

Top Performers

CATG / SSAG / FRNS / IPII / ESCL / TQNT / ACR / SCR / BJ

ICE

Intercontinental Exchange, Inc. is acting well in early trading so put it on your watchlist.

BBH and PPH

The Biotechs (BBH) and Pharmaceuticals (PPH) have a good tone to them in early trading so put them on the radar.

YHOO

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

HANS

Hansen Natural Corp. has a decent tone in early trading so put it on the radar.

CRACKING 'THE FIBONACCI CODE'

I just finished reading The DaVinci Code on vacation. I wanted to get through it before the butchered two-hour Hollywood version comes out in May. My wife warned me that Fibonacci makes a cameo appearance in the book, so I wasn't surprised to see the progression of numbers so familiar to modern traders:

1, 2, 3, 5, 8, 13, 21 and so on.

Stocks Trading Up In Pre-Market

TEVA, CATG, IFO, RTK, ESCL, JBLU, BIDU, AVNC, ANDE, SYNM, TQNT, BLDP, NVAX, ALA, AES, OVTI,THLD, and JOBS

Budd Foxx

7 Stocks You Need To Know For Today

Netease (NTES) reports Monday. NTES's PowerRating is 7.

Agilent (A) also reports Monday; look for $0.37. A's PowerRating is 6.

Nam Tai Electronics (NTE) is scheduled to report on Monday; look for $0.24. NTE's PowerRating is 4.

Goldcorp (GG) is also scheduled to report on Monday; look for $0.25. GG's PowerRating

Upgrades and Downgrades

Upgraded this morning include:
FCN, IPS, X, BER, BGFV, GPN, CNP, IRC, GPI, GILD, TQNT, and SLM

Downgraded this morning include:
AMKR, COST, and MOVI

Budd Foxx

Morning News

  • Futures are pointing to another lower open today.
  • NewYork manufacturing survey will be released today.
  • AT&T Corp. and BellSouth Corp. facing billions of dollars in civil lawsuits for turning over calling records to the government. Verizon has been slapped with a $50 billion lawsuit.
  • AstraZeneca to buy Cambridge Antibody Technologies for $1.3 billion.
  • Boeing Co. has agreed to pay $615 million to end three years of investigations by the Justice Dept.
  • Toyota Motor Company to buy back 27 million shares on Tuesday.
  • Andersons Inc. board has approved a 2 for 1 stock split.
  • Carter's Inc. also declares a 2 for 1 stock split.
  • Crude oil pulling back to $70.37 per barrel.
  • Wholesale Gasoline is $2.13 per gallon.
  • Natural gas just above $6.00 per unit.
  • Gold is really pulling back this morning. Current price is $690.00 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Acme Communications (ACME)
Adstar Inc. (ADST)
Agilent Technologies (A)
Calypte Biomedical Corp. (HIV)
Drugmax Inc. (DMAX)
GoldCorp (GG)
Jo-Ann Stores Inc. (JAS)
Langer (GAIT)
Novavax Inc. (NVAX)
Radica Games (RADA)
Ready Mix Inc. (RMX)
Target Corp. (TGT)

Budd Foxx

Sunday, May 14, 2006

5 Interesting Charts

ININ, MEND, ELN, SIMG, and JTX

5 Interesting Charts

Saturday, May 13, 2006

One-Week High-Volume Gainers

Stocks that have gained 5% or more in the past week with two-week average trading volume at least double the average volume of the past quarter.


One-Week High-Volume Gainers

Top Rated Stocks

The 50 stocks that currently have the highest Stock Scouter ratings.

Top Rated Stocks

Trade What you See, Not What you Hear

Prior to the recent Nasdaq decline, there were many that were apprehensive and certainly Mr. Greenspan was one of them. The problem is that no one ever rings the bell, regardless of how extended the market is. Why would they? Because it is not to anyone's benefit to have fear take over and have money running to the exits. You are always left alone at the extremes as the media hype reflects the extreme fear or greed.

Friday, May 12, 2006

ESRX

Express Scripts, Inc. is coming off a bottom and could be a potential reversal setup so put it on the radar.

IMCL

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

PEIX

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

BRCM

Broadcom Corp. filled the gap so put this stock on the trading radar. This stock is also very close to the 200 dma and oversold here.

Top Performers

MACE / TMNG / HEES / JOBS / IAG / AES

PD

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

Stocks Trading Up In Pre-Market

CCJ, BIDU, MOGN, CAKE, MOVI, JOBS, IPII, PEIX, DXPE, GROW, GEOI, GSS, CSCO, SHPGY, CNTF, EZM, RGLD, DNDN, and HEES

Budd Foxx

USEG CHART

This stock received support at the 50 dma and acted well yesterday so put it on the radar. MACD is looking bullish. Posted by Picasa

The Fed is done hiking rates

The Federal Reserve is done raising short-term interest rates for the next six months.

Oh, I know the Fed didn't say that in its May 10 announcement accompanying the latest interest-rate increase to 5% -- No. 16 since June 2004. But I'm pretty sure the Fed is done until its Dec. 12 meeting, meaning no action in June, August, September or October.

7 Stocks You Need To Know For Today

Adaptec (ADPT) beat by $0.05, ex-items. Revenues were $73.4 million, lower than estimates. ADPT's PowerRating is 5.

NVidia (NVDA) beat by a penny, ex-items. Revenues were $661.8 million, above estimates. NVDA's PowerRating is 7.

Expedia (EXPE) reported $0.15 vs. a consensus of $0.21, missing by $0.06. Q1 profit fell 51%. EXPE's PowerRating is 3.

Kohl's (KSS) beat by $0.02; revenues were in-line. The company guided higher for fiscal 2007, and now sees of $2.91 - $3.02. KSS's PowerRating is 6.

Upgrades and Downgrades

Upgraded this morning include:
BBX, RGA, UBSI, CAKE, and TMO

Downgraded this morning include:
EXPE, THLD, WOOF, AG, TM, and CHTT

Budd Foxx

Morning News

  • Futures are pointing to a lower open this morning.
  • March trade gap to be released today.
  • University of Michigan poll of May consumer sentiment also to be released today.
  • Also to be released today is April's import price index.
  • Bausch & Lomb Inc. plans to delay its quarterly filing.
  • Best Buy Co. to buy majority stake in China's fourth largest appliance and electronics retailer.
  • International Energy Agency cuts it view on global demand for oil.
  • Iranian president now saying talks are possible over his countries nuclear program.
  • Crude oil is $72.66 per barrel.
  • Wholesale gasoline is currently $2.18 per gallon.
  • Natural gas down to $6.52 per unit.
  • Gold continues its move upward. The current price is $728.00 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

Acusphere Inc. (ACUS)
Arctic Cat Inc. (ACAT)
ConAgro Energy (CNR)
DRS Technology (DRS)
IamGold Corp. (IAG)
Kintera Inc. (KNTA)
Mittal Steel Company (MT)
Multi Color Corp. (LABL)
Petrobras (PBR)
Zi Corp. (ZICA)

Budd Foxx

Thursday, May 11, 2006

LMIA

LMI Aerospace, Inc. has a good tone to it today so put it on the radar.

BUCY

Bucyrus International, Inc. is acting very well today so put it on the radar.

NG

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

ICE

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

PEIX

Pacific Ethanol, Inc. is acting well in early trading so put it on the radar.

TIE

Titanium Metals, Corp. continues to act very well so put it on the radar.

PD

Phelps Dodge Corp. is acting well in early trading so put it on the radar.

RTI

RTI International Metals, Inc. is once again trading up in pre-market so put it on the radar today.

PCU

Southern Copper Corp. goes ex-dividend on May 12th and the stock is trading up in pre-market this morning so put it on the radar.

Stocks Trading Up In Pre-Market

BIDU, RIMM, TIE, EZM, GIGM, PEIX, ARXT, HANS, MOVI, ZOLT, GOOG, TOPT, GV, PD, CUP, ARXX, GOLD, NTRI, TEVA, DCEL, UDRL, ESCL, MGPI, CAAS, and SPLS

Budd Foxx

ENER CHART

This stock had a very nice move yesterday so put it on the radar for the rest of the week.  Posted by Picasa

7 Stocks You Need To Know For Today

American International Group (AIG) missed by $0.15. AIG's PowerRating is 5.

News Corp (NWS) beat by $.04 but revenues were less than expected. The company also announced a $6 billion stock buyback. NWS's PowerRating is 4.

Trimeris (TRMS) beat by $0.04 and also beat on revenues TRMS's PowerRating is 4.

Input/Output (IO) missed by $0.09. IO's PowerRating is 6.

Upgrades and Downgrades

Upgraded this morning include:
QNTA, CYPB, ARXX, FD, OFC, JNJ, ODP, BAS, and IFX

Downgraded this morning include:
BRW, ENCY, and IMMR

Budd Foxx

Morning News

  • Futures are up just a bit this morning pointing to a higher open.
  • Natural Gas inventories to be released this morning.
  • Weekly jobless claims due to be released today.
  • Retail sales data will also be released today.
  • Federal Reserve lifts interest rates as expected and left the door open for more rate hikes depending on data.
  • U.S. Treasury has decided that China has not met the requirements to be named a currency manipulator.
  • Novartis AG to build a $400 million vaccine plant here in the U.S. The plant will use latest technology to produce Avian Flu vaccine in case of a pandemic.
  • GlaxoSmithKline granted injunction from court against animal rights activist.
  • Crude oil is $72.41 per barrel.
  • Wholesale gasoline up to $2.16 per gallon.
  • Natural Gas remains just below $7.00 per unit.
  • Gold continues its climb current price is $711.00 per ounce.
Budd Foxx

Earnings

A few of the companies reporting today.

51Job Inc. (JOBS)
Analog Devices Inc. (ADI)
Bema Gold Corp. (BGO)
Biovail Corp. (BVF)
Echostar Communications Corp. (DISH)
Expedia Inc. (EXPE)
GigaMedia Limited (GIGM)
JC Penney (JCP)
Kohl's (KSS)
Movie Gallery Inc. (MOVI)
Natural Gas Services Group Inc. (NGS)
Taseko Mines (TGB)
Top Tankers (TOPT)
Urban Outfitters (URBN)
WorldGate Communications (WGAT)

Budd Foxx

Wednesday, May 10, 2006

EXFO

Electro-Optical has a good looking chart and the stock is acting well today so put it on the radar.

TZOO

TravelZoo, Inc. is acting well today so put it on the radar this afternoon.

RTI and TIE

RTI and TIE continue to act well so put them on the trading radar as they could once again be momentum if the stocks are closing strong.

ILMN

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

BOOM

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

ISRG

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

Top Performers

BIDU, AFFM, CRYP, ADBL, SOLD,

FCGI, CMRO, CAAS, CMLS

AZPN

Aspen Technology, Inc. is acting very well in early trading so put it on the radar. This stock has a good looking chart.

HANS

Hansen Natural Corp. is once again acting very well so put it on the trading radar.

CUP

Peru Copper, Inc. is trading up in pre-market so put it on the radar today.

PCU

Southern Copper Corp. goes ex-dividend on May 12th. The stock is trading up in pre-market so keep it on the radar.

Stocks Trading Up In Pre-Market

BIDU, HANS, PETM, SYMC, SOLD, BBC, TOMO, BOOM, ERS, CAAS, CTEC, CUP, GOLD, TZOO, PD, HAWK, IMMU, RTI, TIE, CRYP, CTRP, ENER, GOOG, BECN, PEIX, SOHU, and OPXS

Budd Foxx

7 Stocks You Need To Know For Today

Cisco (CSCO) reported $0.29 including at $0.02 tax benefit; revenue was $7.3 billion, ahead of estimates. CSCO's PowerRating is 5.

Walt Disney (DIS) beat by $0.06; revenue was $8.03 billion, slightly lower than estimates. DIS's PowerRating is 5.

Baidu.com (BIDU) beat by a $0.04 on better than expected revenues of $16.9 million, and also guided higher for Q2.

Leap Wireless (LEAP) beat by $0.25 and beat on revenues. LEAP's PowerRating is 5.

Upgrades and Downgrades

Upgraded this morning include:
FAL, N, AZPN, MET, PETM, YUM, BIDU, SOLD, LPNT, LFUS, USB, and BBG

Downgraded this morning include:
ECPG, MFLX, MGA, VIV, SRZ, WRNC, RAE, MDTL, NMHC, and GDW

Budd Foxx

Morning News

  • Futures are pointing to a weaker open.
  • The Federal Open Market Committee meeting taking place today. Another rate hike is expected to be annouced at 2:15 this afternoon.
  • Weekly oil inventories to be released at 10:30 this morning.
  • The Euro and Yen making new multi-month highs against the dollar.
  • Walt Disney saw its profit rise 12% in latest quarter.
  • Baidu.Com ripped last night in after hours trading on earnings report.
  • Nintendo to launch new gaming system in the fourth quarter of this year.
  • Gold at a price it hasn't seen since 1980. Current price is $704.00 per ounce.
  • Crude Oil is $70.74 per barrel.
  • Wholesale gasoline currently $2.04 per gallon.
  • Natural gas is $6.63 per unit.
Budd Foxx

Earnings

Just a few of the companies set to report today.

American International Group (AIG)
Beacon Roofing Supply (BECN)
Boston Beer Company (SAM)
Comstock Homebuilding (CHCI)
DepoMed (DEPO)
Dobson Communications (DCEL)
Green Mountain Coffee (GMCR)
Internet Initiative Japan (IIJI)
Legg Mason (LM)
Nice Systems (NICE)
PetroHawk Energy Corp. (HAWK)
Spartan Stores (SPTN)
Teva Pharmaceuticals (TEVA)
Toyota Motor Corp. (TM)

Budd Foxx

Tuesday, May 09, 2006

TRE

Tanzanian Royalty Exploration Corp. could be momentum if the stock is closing strong so keep it on the radar this afternoon.

RSH

Radio Shack Corp. is acting well today and could be momentum if the stock is closing strong so put it on the radar.

RTI and TIE

RTI and TIE are both rippin today so put them on the trading radar for potential momentum plays.

Silver Stocks to Watch

SLW, PAAS and the Silver ETF SLV

Copper Stocks to Watch

CUP, PD and PCU are acting very well so put them on the radar this afternoon.

Going for the Gold

Gold taps $700 to hit its latest 26-year high, while platinum rockets $30 to $1,235, its highest-ever price.

Top Performers

INPC / SRVY / DITC / HANS / AQNT / GM / CVC / TMR / VOD

Stocks Trading Up In Pre-Market

HANS / PEIX / GM / TMY / NSTC / ARNA / AQNT / ERS
KOSP
/ EBAY / RNAI / LCC / CMG / TS / GOOG / FTI
FLR / CCR/ ABX / OPMR / GILD / INPC / GLD / SLW
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