Friday, September 29, 2006

A GUIDE TO THE TRADING GAME

Is your investment portfolio getting you down? Having trouble sleeping at night because those long-term holds have turned into short-term misery? If so, perhaps it's time to try your hand at the trading game. You just might find it's a better way to play the financial markets.

DIVX

Divx, Inc. a new issue continues to act well so keep it on the radar this afternoon.

STN

Station Casinos, Inc. has a good tone to it today so keep it on the trading radar this afternoon.

STN CHART

MSTR

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

MSTR CHART

GRMN

Garmin Ltd. continues to act well so keep it on the trading radar.

GRMN CHART

GMXR

GMX Resources, Inc. is acting well today so keep it on the radar this afternoon.

GMXR CHART

SNDK

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

NIHD

NII Holdings, Inc. is acting very well today so keep it on the radar.

NIHD CHART

Top Performers

GPN / CHT / FL / ACN / RIMM / ACOR / NIHD

ISRG

Intuitive Surgical, Inc. has a good tone in early trading so keep it on your watchlist.

KOSP

KOS Pharmaceuticals, Inc. is in a bullish power trend in early trading so keep it on the radar.

ACOR

Acorda Therapeutics, Inc. is acting well in early trading so keep it on the radar.

RIMM

Research In Motion Ltd. is ripping today so keep it on the radar.

Stocks Trading Up In Pre-Market

RIMM, BCRX, NVAX, AAPL, ENER, ACOR, CECO, AKAM, MRVL, GOOG, PALM, KOSP, NURO, ERS, SMOD, MRVC, NYER, RACK, DIVX, and NIHD

Budd Foxx

WATCH FOR BREAKOUT

IPCR (Ipc Holdgs.) Over 30.25

VSEA (Varian Semiconductor Equip) Over 38.04

RTN (Raytheon Co) Over 48 - 48.13

UIC (United Industrial Corp) Over 55.12 breaks resistance

7 Stocks you need to know for today

Tibco (TIBX | charts | news | PowerRating) beat by a penny; revenues were a little lighter than expected.

Conagra (CAG | charts | news | PowerRating) added an additional $500 million to its stock buyback program.

ElectroScientific (ESIO | charts | news | PowerRating) reported $0.23; revenue rose 35% year over year. The company guided lower for Q2.

Accenture (ACN | charts | news | PowerRating) beat by a penny.

Corel
(CREL | charts | news | PowerRating) beat by $0.05 and guided higher for fiscal 2006.

Lockheed Martin (LMT | charts | news | PowerRating) raised its quarterly dividend by $0.05 to $0.35 and increased its stock buyback by 20 million shares.

Hartmarx (HMX | charts | news | PowerRating) missed by $0.13, excluding items and guided lower for Q4..

Upgrades and Downgrades

Upgraded this morning include:
ACOR, CTCM, and RIMM

Downgraded this morning include:
CPC, USNA, CB, EMCI, SHW, KYPH, SWFT, KFT, WAL, CHKP, ODSY, LAMR, CHE, PD, TKP, UVN, and CRM

Budd Foxx

Morning News

Futures are pointing to a flat to slightly higher open this morning.

August personal income will be released at 8:30 this morning.

Also to be released at 8:30 is consumer spending for August.

September consumer sentiment will be released shortly after the open this morning.

Asian markets ended the day mostly higher. In Europe markets are trading higher today.

Dell Computer will recall another 100,000 battery packs made by Sony.

Toshiba Corp. has announced the company will recall up to 800,00 battery packs made by Sony.

Pfizer Inc. has recieved approval in Europe for its anti smoking pill.

Research In Motion smokes earnings forcast, and lifts third quarter profit estimates.

Lockheed Martin to up its quarterly dividend by 17%

Kirk Kerkorian reportedly wants to purchase another 12 million shares of General Motors.

Hewlett Packard to buy gaming PC maker Voodoo Computers Inc.

Walt Disney Company to pull the plug on mobile ESPN wireless service.

Crude oil is $62.51 per barrel.

Wholesale gas remains around $1.50 per gallon.

Natural gas is $5.32 per unit.

Gold currently $606.00 per ounce.

Budd Foxx

Thursday, September 28, 2006

GRMN

Garmin, Ltd. continues to act well so put it on the radar.

SII

NEW YORK (AP) -- Shares of Smith International Inc. rose on Thursday after Standard & Poor's said the oil service provider would replace Golden West Financial Corp. in the S&P 500 index.

SU

Suncor Energy, Inc. is acting well today so keep it on the radar this afternoon.

DIVX

DIVX, Inc. a recent new issue continues to act well so keep it on the radar.

BA

The Boeing Company has a good tone to it today so keep it on the radar.

NTRI

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

Top Performers

ACN / RHI / SKS / GM / ALGN

TALK / RECN /MECA / SGMO

NYX

NYSE Group, Inc. is acting well in early trading so keep it on the radar.

AAPL

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

ENER

Energy Conv Device is rippin in pre-market so keep it on the radar today.

Stocks Trading Up In Pre-Market

DSCO, SGMO, ALGN, THLD, RECN, CROX, ACOR, MSFT, ENER, AAPL, HOTT, GOOG, LVLT, DIVX, NABI, CECO, and ICON

Budd Foxx

WATCH FOR BREAKOUT

AMGN (Amgen Inc.) Over 72.5

IPCR (Ipc Holdgs.) Over 30.25

VSEA (Varian Semiconductor Equip) Over 38.04

RTN (Raytheon Co) Over 48

BGC (General Cable) Over 39.70

DHR (Danaher Corp) Over 68.47

PEP (Pepsico Inc.) Over 65.99

MTD (Mettler Toledo Intl.) Over 65.65 breaks resistance

7 Stocks you need to know for today

Amgen (AMGN | charts | news | PowerRating) said the F.D.A. approved its colon cancer drug Vectibix, a competitor to Imclone's (IMCL | charts | news | PowerRating) Erbitux. AMGN traded higher and IMCL traded lower on the news.

Federated (FD | charts | news | PowerRating) said that billionaire investor Carl Icahn plans to buy an additional $113 - $500 million in shares. "I just think it's undervalued," Mr. Icahn, who currently owns about 2 million shares, said

Safeco (SAFC | charts | news | PowerRating) said it will list its stock on the NYSE starting November 30. New symbol: SAF.

Resources Connection (RECN | charts | news | PowerRating) missed by $0.02

Family Dollar (FDO | charts | news | PowerRating) is scheduled to report before the open tomorrow; look for $0.23.

American Greetings (AM | charts | news | PowerRating) also reports before the open; look for ($0.16).

Upgrades and Downgrades

Upgraded this morning include:
AN, SKS, STEC, and RECN

Downgraded this morning include:
LNC, SNV, DOX, PETM, TSS, JBL, TWX, FUL, and EE

Budd Foxx

Morning News

  • Futures are pointing to a slightly higher open this morning.

Weekly jobless claims will be released at 8:30 this morning.

Second quarter gross domestic products figures will be released at 8:30 as well.

European markets are trading higher today. In Asia markets also ended the day higher.

Talks between Renault-Nissan and General Motors could be extended beyond the mid-October deadline.

7-Eleven to stop its affiliation with Citgo Petroleum Corp. The company will now buy fuel from Tower Energy Corp, Frontier Oil Corp, and Sinclair Oil Corp.

Mark Hurd Chief Executive of Hewlett-Packard to testify before house subcommittee.

News Corp. reportedly to buy two New York City newspaper groups.

Advanced Micro Devices Inc. has reached a deal with second largest PC provider in China.

Former Chief Executive of Comverse Technology Inc. has been caught in Africa. Kobi Alexander was caught after two month international search.

Crude oil making its way back over $63.00 per barrel.

Wholesale gasoline is $1.52 per gallon.

Natural gas back above $5.50 per unit.

Gold has made its way back to $610.00 per ounce.

Budd Foxx

Wednesday, September 27, 2006

DIVX

Divx, Inc. is a new issue acting well today so keep it on the radar.

DIVX

Divx, Inc. is a new issue acting well today so keep it on the radar.

NIHD

NI Holdings, Inc. closing above $59 per share would be a good sign for this stock.

NIHD CHART

FUL

Fuller (H.B.) Company is acting very well today and could be momentum so keep it on the radar going into the close.

Oil Inventories

Energy Dept. just released the following:

Oil inventories saw a decline of 100,000 barrels.

Gasoline inventory was up 6.3 million barrels.

Distillates saw a rise of 2.6 million barrels.

Budd Foxx

GRMN

Garmin, Ltd is in a bullish power trend in early trading so keep it on the radar.

ISRG

Intuitive Surgical, Inc. is acting well today so keep it on the trading radar.

BRCM

Broadcom, Corp. is in a bullish power trend in early trading so keep it on the radar.

WFR

Memc Electronic Materials, Inc. has a good tone in early trading so keep it on the radar.

VSEA

Sarian Semi equipment is acting well in early trading so keep it on the radar.

Top Performers

FUL / RRC / GPS / TSO / FOXH / DIVX / CLEC / FDRY

NTRI

Nutrisystem, Inc. is in a bullish trend in early trading so keep it on the radar.

BNI

Burlington Northern Santa Fe Corp. continues to act well so keep it on the radar.

SUN and VLO

Sunoco, Inc. and Valero Corp. were upgraded this morning so keep them on the trading radar this week.

SNDK

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

FOXH

Fox Hollow Tech, Inc. is rippin in pre-market so keep it on the radar today.

Stocks Trading Up In Pre-Market

DIVX, INTC, AAPL, AAUK, BCRX, DBRN, TSCC, SEPR, OMNI, GOOG, FNSR, RMBS, ASMI, SNDK, KFX, and CNXT

Budd Foxx

WATCH FOR BREAKOUT

RTN (Raytheon Co) Over 48

CVA (Covanta Hld.) Over 21 - 21.20

IPCR (Ipc Holdgs.) Over 30 - 30.25

BGC (General Cable) Over 39.70

Q (Quest Communication Inter.) Over 9 - 9.22

7 Stocks you need to know for today

Paychex (PAYX | charts | news | PowerRating) beat by a penny and affirmed fiscal 2007 guidance. Revenues were on the light side.

Dress Barn (DBRN | charts | news | PowerRating) beat by $0.04 and affirmed earnings guidance for fiscal 2007.

McMormick (MKC | charts | news | PowerRating) reports before the open Wednesday; look for $0.36.

Actuant (ATU | charts | news | PowerRating) also reports early tomorrow; look for $0.78.

Jabil Circuit (JBL | charts | news | PowerRating) did not report earnings because of a stock options review, but they did report revenues, which beat estimates

Red Hat (RHAT | charts | news | PowerRating) was in-line at $0.11, excluding items, and beat on revenues.

Accredited Home Lenders (LEND | charts | news | PowerRating) meets with analysts tomorrow


Upgrades and Downgrades

Upgraded this morning include:
GPS, SUN, VLO, MRO, FTO, and TSO

Downgraded this morning include:
RHAT, PNR, MLNM, BE, and HLTH

Budd Foxx

Morning News

  • Futures are pointing to a flat to slightly higher open this morning.

Durable goods orders for August will be released before the open today.

August new home sales will be released at 10:00 today.

Energy Dept. will release oil inventories at 10:30 this morning.

Dow Jones Industrial Average needs 54 points to break 11,722 which would be a new record high.

General Motors reportedly wants multi-million dollar payment for any partnership with Nissan and Renault.

Jabil Circuit stating first quarter revenue could come in better than expectations.

Federal judge limits Advanced Micro Devices lawsuit against Intel Corp.

Arnold Schwarzenegger to sign bill that will not allow California utilities to sign long term contracts with coal fired power plants.

Andrew Fastow recieves 6 years for his role in the Enron scandal.

Jury has ruled in favor of Merck & Company in latest Vioxx trial.

Golfing great Byron Nelson has passed away at the age of 94.

Crude oil back up to $61.52 per barrel.

Wholesale gasoline is $1.50 per gallon.

Natural gas is $4.38 per unit.

Gold making it's way back up towards $600.00 per ounce.

Budd Foxx

Tuesday, September 26, 2006

PCU

Southern Copper Corp. is acting well going into the close and could be momentum so put it on the radar.

BNI

Burlington Northern Santa Fe Corp. is closing very well here and could be momentum so keep it on the radar.

ATI

Allegheny Tech, Inc. is in a bullish power trend and could be momentum as the stock appears to be closing strong.

Intraday High Volume Gainers

Stocks that have gained 3% or more in today's trading on at least double the average trading volume of the past quarter.


Intraday High Volume Gainers

MNG

Miramar Mining Corp. has a good tone to it today so keep it on the radar for a possible swing or position trade.

MNG CHART

RACK

Rackable Systems, Inc. is acting well today so keep it on the radar this afternoon.

GE

General Electric Company is acting well today so keep it on the trading radar.

BA

The Boeing Company has a good tone to it today so keep it on the radar.

SHLD

Sears Holding Corp. is in a bullish power trend so keep it on the radar.

PD

Phelps Dodge, Corp. has a good tone to it today so keep it on the radar.

WFR

Memc Electronic Materials, Inc. just made a new intraday high so keep it on the radar.

NTRI

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

Top Performers

RS / TNE / ACOR / ANGO / CECO

AAPL

Apple Computer, Inc. continues to act well so keep it on the trading radar.

EBAY

Ebay, Inc. Goldman Sachs raised 3Q estimates so keep it on the radar this week.

ANGO

Angiodynamics, Inc. is acting well in early trading after reporting earnings so keep it on the radar.

Stocks Trading Up In Pre-Market

CECO, ACOR, AAPL, EBAY, TSAI, CROX, FORM, EPCT, RMBS, SIGA, CEPH, FNET, WEBX, RHAT, NVEC, KFX, CRXL, HLTH, HANS, and ANGO

Budd Foxx

WATCH FOR BREAKOUT

RTN (Raytheon Co) Over 48

DRIV (Digital River) Over 51.58

CTL (Centurytel Inc.) Over 40.14

CTSH (Cognizant Tech) Over 74.80

AMTD (Ameritrade Holdings) Over 18.77

DOX (Amdocs Ltd.) Over 39.92

7 Stocks you need to know for today

AngioDynamics (ANGO | charts | news | PowerRating) beat by $0.02 and reaffirmed fiscal 2007 guidance.

Lennar (LEN | charts | news | PowerRating) reports before the open Tuesday; look for $1.38.

Stride Rite (SRR | charts | news | PowerRating) also reports early tomorrow; look for $0.24.

Analogic (ALOG | charts | news | PowerRating) is set to report before the bell Tuesday; look for $0.15.

Jabil Circuit (JBL | charts | news | PowerRating) reports after the close tomorrow; look for $0.34.

Paychex (PAYX | charts | news | PowerRating) reports after the bell tomorrow; look for $0.41.

PMC Sierra (PMCS | charts | news | PowerRating) lowered its revenue guidance for Q3 and now sees $114-$116 million, down from $122-$124 million.

Brice Wightman

Upgrades and Downgrades

Upgraded this morning include:
LEA, CECO, EAGL, and BJRI

Downgraded this morning include:
HET, JTX, CMCSA, JCP, JWN, KSS, MERX, TTMI, ACN, ACS, PER, EDS, TUG, AUXL, CPHD, MU, RTRSY, and PJC

Budd Foxx

Morning News

  • Futures are down slightly this morning. Looks like we will see a flat to slightly lower open this morning.

European markets are trading higher today. While in Tokyo the Nikkei 225 ended the day lower.

Consumer confidence for September will be released at 10:00 this morning.

Lowe's Company warns yesterday that annual income will come in well below expectations.

Lennar Corp. warning that 4th quarter earnings will also come in well below expectations.

Intel Corp. set to begin shipping XEON 3000 processors.

Airline passengers here in the United States will be allowed to carry liquids on flights again.

Federal judge yesterday ruled to allow class action lawsuit against big tobacco.

Andrew Fastow to be sentenced today for his role in the Enron Corp. collapse.

Bernard Ebbers to begin 25 year jail term today for his role in the accounting fraud that took place at WorldCom Corp.

Crude oil is sitting right at $60.00 per barrel.

Wholesale gasoline remains just below $1.50 per gallon.

Natural gas all the way down to $4.35 per unit.

Gold is $594.00 per ounce.

Budd Foxx

Earnings

Just a few of the companies reporting today.

Aehr Test Systems (AEHR)
Analogic Corp. (ALOG)
Dress Barn (DBRN)
Lennar Corp. (LEN)
Landec Corp. (LNDC)
Neogen (NEOG)
Paychex (PAYX)
Red Hat Inc. (RHAT)
Worthington Industries (WOR)
Stride Ryte Corp. (SRR)

Budd Foxx

Monday, September 25, 2006

WEBX

Webex Communications, Inc. is acting well after being added to the IBD top 100 this weekend so keep it on the radar this week.

Stocks added to IBD 100

The following companies were added to the IBD 100 this weekend:

HWCC, HCSG, MS, FCFS, BAMM, PSSI, DA, ROG,

CHL, WEBX, BEBE, MWIV and AIB.

Top Performers

TUG / JLG /AH / ACOR / WARR / SPPI / PHRM /EEEE

BRCM

Broadcom Corp. making new highs on the day here so keep this stock on your trading radar.

Budd Foxx

BLS

BellSouth Corp. is acting well here this morning so keep this stock on that trading radar.

Budd Foxx

MHP

Mcgraw Hill Companies Inc. making new highs on the day here so keep this stock on that trading radar.

Budd Foxx

CAT

Caterpillar Inc. seems to be perking up just a bit here so keep this stock on that trading radar.

Budd Foxx

LRCX

Lam Research Corp. is acting well this morning after being upgraded so keep this stock on that watchlist.

Budd Foxx

BSC

Bear Stearns Companies has a good tone to it in early trading so put this stock on your watchlist.

Budd Foxx

GOOG

Google Inc. trading up just a bit here in early trading so keep this stock on that watchlist.

Budd Foxx

AAPL

Apple Computer price target raised to $100.00 per share at ThinkEquity this morning so keep this stock on that trading radar. The stock is trading up just a bit here in pre market trading this morning.

Budd Foxx

HANS

Hansen Natural board has approved to increase stock buyback program from $50 million to $75 million. The stock is trading up here a bit in pre market trading so keep it on that trading radar.

Budd Foxx

Stocks Trading Up In Pre-Market

ACOR, WARR, LRCX, AAPL, SPPI, CHRS, BIDU, GOOG, HANS, PHRM, GPCB, COST, ERTS, RIMM, UAUA, DIVX, CMED, BRCM, MSFT, CTCM, and NVDA

Budd Foxx

BIDU

Baidu.com Inc. upgraded at Citigroup this morning so keep this stock on that trading radar.

Budd Foxx

Upgrades and Downgrades

Upgraded this morning include:
BIDU, BKS, TWX, OKE, CNP, LRCX, BWA, and MTXX

Downgraded this morning include:
HWAY, SBGA, WHR, LPL, ING, NUE, C, CMA, BNK, RYI, WCI, MRBK, AFR, PBNY, FNFG, ISBC, STT, MBFI,CNXS, AF, SNBC, and LEGC

Budd Foxx

Morning News

  • Futures are pointing to a higher open this morning.

Existing home sales for for August will be released at 10:00 this morning.

European markets are trading to the upside today. In Asia markets ended the day pretty much unchanged.

Nissan Motor Company, and General Motors reportedly to meet and hold talks this week.

Toyota Motor Corp. has 22nd monthly gain in a row as production was up over 17 % in August.

The Lundberg Survey of 7,000 gas stations has the price of gas dropping 24 cents over the past two weeks.

Airforce has decided to postpone contract worth up to $20 billion. Competing for the contract is Boeing Company and Northrop Grumman Corp.

Google Inc. reportedly has plans for new shopping feature.

Superior Energy Services reaches a deal to purchase Warrior Energy Services.

Sony Corp. looking to see if their batteries played a roll in a Lenova laptop fire.

E.coli breakout from spinach has made its way to 25 states.

In sports the European team just smoked the Americans in the Ryder Cup over the weekend.

Crude oil has fallen just below $60.00 per barrel.

Gasoline has made its way down to $1.45 per gallon.

Natural gas is now $4.46 per unit.

Gold is currently $594.00 per ounce.

Budd Foxx

Sunday, September 24, 2006

7 Stocks you need to know for Monday

Walgreen (WAG | charts | news | PowerRating) reports on Monday; look for $0.41.

AngioDynamics (ANGO | charts | news | PowerRating) also is scheduled to report--after the close; look for $0.10.

JLG Industries (JLG | charts | news | PowerRating) reports before the open on Monday; look for $0.42.

Advanced Analogic Tech (AATI | charts | news | PowerRating) fell sharply this past week and may bounce next week.

Infospace (ISPH | charts | news | PowerRating) gapped down substantially on Thursday and also may bounce.

Bankrate (RATE | charts | news | PowerRating) has fallen 6 straight days and may be due for a reversal.

Symbion (SMBI | charts | news | PowerRating) fell sharply and may bounce. (Note: Regarding the last four stocks--buying on large drops like is speculative. Sometimes there is a sharp reversal back up--sometimes there isn't.

Saturday, September 23, 2006

What's behind the Meltdown in the Commodity markets?

"A Trend in Motion will stay in motion, until some major outside force knocks it off its course." After climbing to a 25-year high of 365.45 on May 11th, the Reuters Jefferies Commodities (CRB) Index began to show signs of fatigue in June and July, and then stumbled into a free-fall in August and September. With the CRB index slicing below its four-year upward sloping trend-line in early September, chart watchers would probably agree that a peak in the bullish cycle has been reached.

Finding The Trend With Aroon

In 1995 Tushar Chande, a principal of Tuscarora Capital Management and author of "The New Technical Trader" (1994) and "Beyond Technical Analysis" (2001), developed the Aroon indicator to determine trend direction and strength. The indicator's greatest value is in helping traders and investors to distinguish whether a long-term trend is ending or simply stalling before another move. This article will show you how to calculate and apply the Aroon indicator to your own trading.

Friday, September 22, 2006

CMED

China Medical Tech, Inc. was upgraded to buy @ MLCO so keep it on the radar this afternoon.

MNG

Miramar Mining Corp. found nice support at the 50 dma over the past few days and has a decent tone to it today so keep it on the radar for a swing or position trade.

MNG CHART

BA

The Boeing Company is sitting right near the 50 and 200 dma and acts well today so keep it on the radar.

PCLN

Priceline.com, Inc. continues to act well so keep it on the trading radar this afternoon.

GG

Goldcorp, Inc. has a decent tone in early trading so keep it on the radar.

Top Performers

TRB / NKE / ABD / COGN

COGN

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

COGN CHART

VGZ

Vista Gold Corp. is in a bullish trend in early trading so keep it on the radar for a possible swing or position trade.

PAAS

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

NKE

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

Stocks Trading Up In Pre-Market

PALM, MLHR, CRXL, FNET, COGN, TRT, OSCI, SHPGY, SNTO, TIVO, MDRX, RUTH, TXRH, LVLT, and PAAS

Budd Foxx

7 Stocks you need to know for today

Nike (NKE | charts | news | PowerRating) reported $1.47 and beat on revenues.

Synnex (SNX | charts | news | PowerRating) beat by $0.06 and guided Q4 higher.

Cognos (COGN | charts | news | PowerRating) beat by $0.06, guided higher for Q4 and announced a $200 million stock buyback. The company also guided higher for fiscal 2007.

Palm (PALM | charts | news | PowerRating) beat by $0.03 and announced a $250 million stock buyback.

JDS Uniphase (JDSU | charts | news | PowerRating) announced a 1:8 reverse split.

3Com (COMS | charts | news | PowerRating) beat by a penny but missed on revenues.

Finish Line (FINL | charts | news | PowerRating) beat by $0.01.


Upgrades and Downgrades

Upgraded this morning include:
HEI, GCO, OMI, and BP

Downgraded this morning include:
FRP, DG, EQY, PALM, RDS.A, SMBI, CNW, BSX, ORCL, BUD, STN, WAG, E, and WB

Budd Foxx

Morning News

  • Futures are pointing to a lower open this morning.

European markets are trading lower this morning, while in Asia markets ended the day lower.

Boston Scientific warns on third quarter revenue may fall short of expectations.

Sony Corp. to slash prices on Playstation 3 by 20% in Japan.

JDS Uniphase Corp. has approved a 1 for 8 reverse split.

Palm Inc. reporting a quarterly profit drop. The company also has approved a $250 million share buyback.

Take Two Interactive Software has recieved letter from the Nasdaq stating the company is not in compliace with listing requirements.

Texas Instruments to buy back $5 billion in shares. The company has also lifted quarterly dividend.

Eleven more cases of E.coli reported yesterday. Officials urging people not to eat fresh or raw spinach of any kind.

The Ryder Cup gets under way in Straffan Ireland this morning.

Crude oil up a bit to $61.94 per barrel.

Wholesale gasoline back up to just over $1.50 per gallon.

Natural gas remains below $5.00 per unit.

Gold moving up a bit to $596.00 per ounce.

Budd Foxx

Thursday, September 21, 2006

EEEE

Educate, Inc. has a good tone to it today so keep it on the radar as a possible swing trade.

Why $1.15 gas isn’t a fantasy

Remember when you paid $1.15 a gallon for gasoline?

You could be paying it again. Maybe not this year, but perhaps in the next few years.

Sure, oil experts say there's little excess refining capacity. Oil reserves are stretched. Oil consumption is soaring in China and India.

But things are starting to change. Drivers are changing their habits. Global tensions are easing, and more supply is on its way

5 Best Stocks for 2007

The problem is 2007. The solution -- for investors -- is a specific kind of blue-chip stock: large-market capitalization, predictably strong earnings growth, a reputation as a safe haven in a risky market, and strong exposure to long-term global growth trends.

NYX

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

BIDU

Baidu.com, Inc. is acting well in early trading so keep it on the radar.

Top Performers

TRB / ACI / GIS / GYMB / MLHR

Bullish Trending Stocks

Here are some stocks in bullish trends in early trading:

GOOG, BBBY, ERTS, PCLN, MLHR, and NCR

ISRG

Intuitive Surgical, Inc. has a decent tone in early trading so keep it on the radar.

SHLD

Sears Holding Corp. continues to act well so keep it on the radar.

GYMB

Gymboree Corp. has raised forward guidance for Q3 & full-year so keep it on the radar today.

CSCO

Cisco Systems was upgraded this morning to outperform at Piper Jaffray so keep it on the radar.

Stocks Trading Up In Pre-Market

CMTL, GYMB, PCLN, FNET, SYMC, WEBX, MDV, AAPL, POZN, CPWM, GOOG, SHPGY, SNDK, ERIC, AAUK, MIVA, TZOO, and ORLY

Budd Foxx

7 Stocks you need to know for today

Herman Miller (MLHR | charts | news | PowerRating) beat by $0.03 and guided higher.

Comtech Telecommunications (CMTL | charts | news | PowerRating) beat by $0.13.

Xyratex (XRTX | charts | news | PowerRating) beat by $0.18 but guided lower for Q4.

Silicon Labs (SLAB | charts | news | PowerRating) lowered guidance; the stock was halted after hours.

FedEx (FDX | charts | news | PowerRating) reports before the open Thursday; look for $1.52.

ConAgra (CAG | charts | news | PowerRating) also reports before the open; look for $0.23.

General Mills (GIS | charts | news | PowerRating) reports early tomorrow; look for $0.67.


Upgrades and Downgrades

Upgraded this morning include:
CSCO, DRI, WEN, and CLX

Downgraded this morning include:
TOPP, FD, APD, PWER, DTV, INFA, FRX, CPV, MVL, AMWD, MAS, KEA, SLAB, AGR, RTN, and OSI

Budd Foxx

Morning News

  • Futures are pointing to a higher open this morning.
  • Weekly jobless claims will be released at 8:30 this morning.
  • August leading indicators also to be released this morning.
  • Philidelphia fed survey will be released today.
  • Energy Dept. to release natural gas inventories at 10:30 this morning.
  • European markets are up just a bit this morning. In Tokyo the Nikkei 225 closed higher.
  • Federal Reserve keeps rates unchanged for second straight meeting.
  • Wal-Mart reportedly has plans to slash the price of generic drugs it sells to employees as well as customers.
  • Yahoo Inc. reportedly having discussions to buy Facebook.com.
  • Cisco Systems upgraded this morning to outperform at Piper Jaffray.
  • It is believed that Hewlett Packard Chief Executive Officer Mark Hurd may have had a larger role in investigation of media leaks.
  • Space shuttle Atlantis returns safely back to Florida this morning.
  • Crude oil is $61.06 per barrel.
  • Wholesale gasoline is down to $1.46 per gallon.
  • Natural gas drops back below $5.00 per unit.
  • Gold is $586.00 per ounce.

Budd Foxx

Earnings

A few of the companies set to report today.

3 Com Corp. (COMS)
A.G. Edwards (AGE)
Carnival Corp. (CCL)
Cognos (COGN)
ConAgra Foods (CAG)
FedEx (FDX)
General Mills Inc. (GIS)
Herman Miller (MLHR)
Nike (NKE)
Palm Inc. (PALM)
Rite Aid Corp. (RAD)
Synnex Corp. (SNX)

Budd Foxx

Wednesday, September 20, 2006

IBM

International Business Machines, Corp. is acting well going into the close so keep it on the radar.

RACK

Rackable Systems, Inc. aapears to be closing strong and could be momentum.

MSTR

Microstrategy, Inc. is acting very well this morning so keep it on the radar.

Financial Services Stocks

GS, BSC, LEH, RJF and MS are acting very well today after Morgan Stanley posted better then expected earnings.

Oil Inventories

Energy Dept. just released the following:

Crude oil saw a decline of 2.8 million barrels.

Gasoline was up 600,000 barrels.

Distillates saw a build of 4.1 million barrels.

Budd Foxx

WFMI

Whole Foods Market, Inc. just made a new intraday high so keep it on the trading radar.

NCR

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

IPSU

Imperial Sugar Company is acting well in early trading so keep it on the radar.

Stocks in Bullish Power Trends

CTXS/ GVHR/ ANF/ HNT/ EXP/ CTSH

CRI/ SAY/ DPZ / GYMB

Top Performers

KMX / DRI / ORCL / ADLR / STSI

BNI

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

AAPL

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

ORCL

Oracle Corp. is acting very well after reporting earnings last night so keep it on the radar.

NTRI

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

NVDA

Nvdia Corp. has a decent tone in early trading so keep it on the radar.

SHLD

Sears Holding, Corp. is acting well in early trading so keep it on the radar.

Circuit City Q2 earnings rise

NEW YORK (Reuters) - Circuit City Stores Inc. (NYSE:CC - News), the No. 2 U.S. consumer electronics chain, on Wednesday reported higher-than-expected quarterly profit driven by strong sales of flat-panel televisions and laptop computers during the back-to-school shopping season.

Stocks Trading Up In Pre-Market

ORCL, MS, HANS, SIRI, STSI, RACK, GOOG, FNET, ERIC, AAPL, BIDU, CHAP, SNDK, HSOA, AMGN, NTAP, MRVL, WPPGY, BA, and MSFT

Budd Foxx

Morgan Stanley 3Q Profit Surges

NEW YORK (AP) -- Investment banking firm Morgan Stanley on Wednesday said its third-quarter profit surged on stronger performance from its institutional securities group, and the results surpassed analysts' expectations.

7 Stocks you need to know for today

Oracle (ORCL | charts | news | PowerRating) reported $0.18, non-GAAP; revenues were ahead of estimates.

Christopher & Banks (CBK | charts | news | PowerRating) beat by $0.01 and guided higher for fiscal year 2007.

Chaparral Steel (CHAP | charts | news | PowerRating) beat by $0.19.

The Thai Fund (TTF | charts | news | PowerRating) could be in play after Prime Minister Shinawtra was ousted in a military coup.

Biomet (BMET | charts | news | PowerRating) reports before the open Wednesday; look for $0.43.

Circuit City (CC | charts | news | PowerRating) also reports tomorrow; look for $0.05.

Morgan Stanley (MS | charts | news | PowerRating) is scheduled to report; look for $1.37.


Upgrades and Downgrades

Upgraded this morning include:
EGHT, TALX, UHS, MMC, ORCL, VRTX, INCY, and ERIC

Downgraded this morning include:
BR, ITRN, SNCR, RAI, PRGS, and IAG

Budd Foxx

Morning News

  • Futures are up this morning pointing to a higher open today.
  • Energy Dept will release oil inventories at 10:30 this morning.
  • Federal Reserve expected to pause for the second straight meeting this afternoon.
  • European markets trading slightly higher today. In Tokyo the Nikkei 225 saw a decline.
  • Oracle Corp. reports a very strong quarter.
  • Yahoo Inc. warns on advertising revenue.
  • Airbus reportedly ready to delay delivery date of the jumbo jet A380 up to six more months.
  • DaimlerChrysler to cut retail deliveries by as much as 24%
  • Toyota Motor Corp. goal is to sell 9.8 million vehicles in 2008.
  • Microsoft plans Xbox 360 and high definition DVD player release in Africa, and India this week.
  • Crude oil has dropped below $61.00 per barrel.
  • Wholesale gasoline is below $1.50 per gallon.
  • Natural gas remains just under $5.00 per unit.
  • Gold continues to slide. Current price is $579.00 per ounce.


Budd Foxx

Tuesday, September 19, 2006

LIFC

Lifecell Corp. is in a bullish power trend so keep it on the radar this afternoon.

GROW

U.S. Global Investors, Inc. is in a bullish trend so keep it on the radar.

BOBJ

Business Objects continues to act well so keep it on your watchlist for a possible swing trade.

NTAP

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

HANS

Hansen Natural Corp. is once again trading above the 200 dma and acts well today so keep it on the radar.

HITT

Hittite Microwave Corp. continues to act well so keep it on the trading radar.

Top Performers

HLF / CLE / TLB / BYD / WDC / NAPS

SNDK

Sandisk Corp. is perking up a bit here so keep it on the trading radar.

AZO

Autozone, Inc. reported earnings today and is trading up on the news so keep it on the radar.

Stocks in Bullish Trends

FMCN / RIMM / CI / AZO

NAPS

Napster, Inc. is in a bullish trend in early trading so keep it on the radar.

WFR

Memc Electronic Materials, Inc. continues to act well so keep it on the radar.

SHLD

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

NVEC

NVE Corp is trading up in pre-market so keep it on the radar today.

Stocks Trading Up In Pre-Market

NVEC, CNR, RIMM, NAPS, BRCM, AMGN, GTRC, SONS, GNTA, ATHR, OXGN, USEY, SEPR, JNPR, COST, and GOOG

Budd Foxx

7 Stocks you need to know for today

Autozone (AZO | charts | news | PowerRating) reports Tuesday before the open; look for $2.79.

Factset Research (FDS | charts | news | PowerRating) is set to report earnings tomorrow; look for $0.42.

CBRL Group (CBRL | charts | news | PowerRating) also reports before the open; look for $0.78.

Automatic Data Processing (ADP | charts | news | PowerRating) meets with analysts.

BEA Systems (BEAS | charts | news | PowerRating) also meets with analysts.

Aetna (AET | charts | news | PowerRating) plans to meet with investors and analysts for the rest of the month, reaffirming 2006 guidance.

Oracle (ORCL | charts | news | PowerRating) reports after the close tomorrow; look for $0.16.


Morning News

  • Futures are pointing to a lower open this morning.
  • August Producer Price Index will be released at 8:30 this morning.
  • August building permit figures will also be released at 8:30 this morning.
  • Housing starts for August will also be released this morning.
  • European markets are trading lower today. In Tokyo the Nikkei 225 ended slightly higher on the day.
  • Toshiba Corp. to recall 340,000 battery packs made by Sony due to circuit problems in laptops.
  • Microsoft Corp. to launch online video service "Soapbox on MSN Video"
  • Motorola to buy Symbol Technologies for $15.00 per share.
  • Judge rules against ImClone Systems Inc. in patent case for cancer drug Erbitux.
  • Gasoline prices have dropped 12 cents over the past week lowest level in 6 months.
  • President Bush to speak before the United Nations today.
  • Crude oil remains just below $64.00 per barrel.
  • Wholesale gasoline is $1.58 per gallon.
  • Natural gas is just above $5.00 per unit.
  • Gold is $588.00 per ounce.
Budd Foxx

Monday, September 18, 2006

VSEA

Varian Semiconductor Equipment is acting very well today so keep it on the radar this afternoon.

Stocks in Bullish Power Trends

CRDN/ DIOD / ASEI/ CTSH/ TOL/ KBH

CTX/ RYL/ MA/ FMD /BOBJ / HITT

WFMI

Whole Foods Market, Inc. just made a new intraday high so keep it on your radar.

SHLD

Sears Holding Corp. just made a new intraday high so keep it on the trading radar.

Top Performers

SBL / PXP / FSL / FL / SMTS / PORK / OMNI

FOXH

Foxhollow Tech, Inc. is in a bullish trend in early trading so keep it on the radar.

PD

Phelps Dodge, Corp. is in a bullish trend in early trading so keep it on the radar.

SNDK

Sandisk, Corp. just made a new intraday high so keep this stock on the radar.

WFR

Memc Electronic Materials, Inc. continues to act well so keep it on the radar.

RHAT

Red Hat, Inc. is in a bullish trend in early trading so keep it on the radar.

BIDU

Baidu.com continues to act well so keep it on the trading radar.

ISRG

Intuitive Surgical, Inc. has a good tone in early trading so keep it on your watchlist.

ACXM

Acxiom Corp has a decent tone in early trading so keep it on the radar.

Stocks Trading Up In Pre-Market

CTIC, SYMC, CALC, SMTS, SNDK, BIDU, GOOG, ISRG, EMMS, GROW, RMBS, BMHC, GOLD, MRVL, AMCC, AMAT, ORCL, and HANS

Budd Foxx

Upgrades and Downgrades

Upgraded this morning include:
VOL, UMC, DCM, CBRL, ALL, GYI, and SYMC

Downgraded this morning include:
INTC, F, LNCR, SJM, TROW, ARM, WW, KNDL, ILMN, UAG, STX, WDC, HD, CHRT, and ALL

Budd Foxx

WATCH FOR BREAKOUT

NDAQ (Nasdaq Stock Market Inc.) Over 30 breaks resistance.
DGX (Quest Diagnostics Inc.) Over 63.50 breaks resistance
SPF (Standard Pacific Corp) Over 25 breaks resistance
HOV (Hovnanian Ent.) Over 30 - 30.80 would look like a trade to the
200 day @ 38.25
MTH (Meritage Homes Corp) We've had our eyes on

Morning News

  • Futures are up just a bit this morning pointing to a higher open.
  • Second quarter current account deficit will be released today.
  • Association of Homebuilders will release housing market index for September.
  • Asian markets traded higher today. European markets are also up slightly today.
  • Reports are out this morning that General Motors and Ford have held merger talks.
  • Wal-Mart Stores Inc. reportedly to offer credit card in China. This marks the first foreign retailer to do so.
  • Citizens Communications agrees to buy Commonwealth Telephone Enterprises Inc.
  • YouTube Inc. and Warner Music Group have inked an advertising deal.
  • Anousheh Ansari has pays $20 million to become first private female visitor to the space station. Liftoff was today in Russia.
  • E-coli breakout found in raw spinach has been reported in 18 states now. 109 cases have been reported with 1 death confirmed.
  • Crude oil remains just below $64.00 per barrel.
  • Wholesale gasoline is $1.57 per gallon.
  • Natural gas down to $4.86 per unit.
  • Gold is $588.00 per ounce.
Budd Foxx

Sunday, September 17, 2006

7 Stocks you need to know for Monday

Wyeth (WYE | charts | news | PowerRating) was found not negligent in a trial in which the company was charged with being negligent in testing, manufacturing and marketing Prempro, a hormone replacement therapy.

American Healthcare Services (AHS | charts | news | PowerRating) meets with analysts.

Sara Lee (SLE | charts | news | PowerRating) also meets with analysts.

Somanetics
(SMTS | charts | news | PowerRating) reports Monday before the open; look for $0.10.

Stewart Enterprises (STEI | charts | news | PowerRating) also reports Monday; look for $0.07.

Quest Resources (QRCP | charts | news | PowerRating) fell substantially this past week and may bounce. (Note: possible only a very short bounce).

Seabridge Gold (SA | charts | news | PowerRating) also dropped quite a bit and may bounce.

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