SIR

Sirva, Inc. just made a new intraday high so keep it on the radar going into the close as it could be momentum.

SNDK

Sandisk, Corp. continues to act well so put it on the radar this afternoon.

HRT

It looks like HRT (Amex) should go into the IBD100 list at around #30 - #35 for its first-ever debut on the list if it closes above $15 on any of the next eight Fridays. The stock has a float of only 2 million shares, out of which 100,000 (5%) have been sold short.

AAPL

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

ITRI

Itron, Inc. is acting well today and has a good looking chart so keep it on your watchlist.

ITRI CHART

PAAS

Pan American Silver Corp. has a good looking chart and is acting well so keep it on the radar for a possible swing or position trade.

SHLD

Sears Holdings Corp. is acting well in early trading so keep it on your watchlist.

USG

USG Corp. continues to act well so keep it on the trading radar for a possible swing or position trade.

WIRE

Encore Wire Corp. is in a bullish trend formation in early trading so keep it on the radar.

PD

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

RMBS

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

LIFC

Lifecell Corp. is in a bullish trend formation in early trading so keep it on the radar.

BUCY

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

JOYG

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

Stocks Trading Up In Pre-Market

ADBE, GYMB, JOYG, CYTR, OLAB, CHKP, RMBS, SEAC, CIEN, FRED, AEOS, NMTI, BEBE, AEOS, SNDK, GOLD, AAPL, PWAV and GOOG

7 Stocks you need to know for today

Dover (DOV | charts | news | PowerRating) announced plans to purchase Paladin Brands, an independent manufacturer of attachments and tools used in construction equipment.

TIVO (TIVO | charts | news | PowerRating) beat earnings, reporting -$0.07 EPS vs expected -$0.14 EPS.

Heico (HEI | charts | news | PowerRating) beat earnings, with $0.31 EPS vs expected $0.28 EPS.

Wednesday after the bell, LTX Corp (LTXX | charts | news | PowerRating) reporting beating earnings, with $0.23 EPS vs expected $0.22 EPS.

Also on Wednesday Costco (COST | charts | news | PowerRating) guided lower for Q4, citing that thin profit margins and income tax charges would hurt earnings and revenue.

American Eagle Outfitters (AEOS | charts | news | PowerRating) said its comparable store sales increased 11% from July to August, and was up 16% from the previous year.

Beacon Roofing Supply (BECN | charts | news | PowerRating) announced the acquisition of RSM Supply on Wednesday afternoon.

Upgrades and Downgrades

Upgraded this morning include:
PWAV, MFE, CHKP, and VCI

Downgraded this morning include:
SBR, PNFP, STM, DCI, UDR, NEW, HNT, AET, CVH, UHS, and HCA

Budd Foxx

Morning News

• Futures are down just a bit this morning pointing to a slightly lower open.

• Weekly jobless claims will be released this morning before the open.

• July personal income will also be released this morning.

• July consumer spending figures will also be released before the open.

• July factory orders also due for release.

• European markets are slightly lower today. While in Tokyo the Nikkei 225 saw a gain of 1.7%

• GoldCorp. makes offer to buy Glamis Gold for $8.6 billion.

• Harrah's Entertainment has made a $530 million offer for London Clubs International.

• Tropical storm Ernesto making its way back to the open waters of the Atlantic, and bearing down on the Carolina's.

• Hurricane John currently a category 3 storm pounding the Mexican coast.

• With the U.N. deadline running out today it is expected that Iran's president will not give in on his countries nuclear program.

• Crude oil up a bit to $70.65 per barrel.

• Wholesale gasoline is $1.81 per gallon.

• Natural gas just above $6.00 per unit.

• Gold back up to $630.00 per ounce.

Budd Foxx

USG

USG Corp. just made a new intraday high so keep it on the radar going into the close. Warren Buffett has been buying shares of this stock in the $45-46 range. Berkshire Hathaway raises stake in USG to 18.6%


Buffett buys USG

BRCM

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

ENER

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

NVT

Navteq Corp. is a possible reveral setup so keep it on the radar.

FORM

Form Factor, Inc. is in a bullish trend this morning so keep it on the radar.

BIDU

Baidu.com, Inc. is acting well this morning so keep it on the radar.

Oil Inventories

Energy Dept. just released inventory numbers.

Crude oil saw a build of 2.4 million barrels.

Gasoline supply up 400,000 barrels .

Distillates stocks were up 1.3 million barrels.

Budd Foxx

NVDA

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

LRCX

Lam Research Corp. has a good tone to it today so keep it on the radar.

VGZ

Vista Gold Corp. continues to act well so keep it on the radar as a possible swing or position trade.

RACK

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

Top Performers

ELX / GT / BAK / MCRS / SIGM

MCRS

Micros Systems, Inc. is ripping today after reporting good earnings so keep it on the radar today.

WFR

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

RMBS

Rambus, Inc. is in a bullish power trend this morning so keep it on the radar.

BOOM

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

NYX

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

HITT

Hittite Microwave Corp. is acting well in early trading so keep it on the radar.

SNDK

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

AAPL

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

SIGM

Sigma Designs, Inc. is trading up in pre-market so keep it on the radar today.

ESRX

Express Scripts, Inc. was upgraded this morning by Prudential with a price target of $92 per share so keep it on the radar today.

Stocks Trading Up In Pre-Market

SNDK, RMBS, MCRS, VSNT, SMSI, JOSB, ADZA, MRGE, SIGM, FLSH, CHKP, BTJ, AOM, OTIV, DCEL, ALA, GNTA, LU, SVI, TOPT, and AAPL

Budd Foxx

7 Stocks you need to know for today

ADC Telecom (ADCT | charts | news | PowerRating) beat earnings, announcing $0.30 EPS vs expected $0.26.

Novell (NOVL | charts | news | PowerRating) also beat, with $0.05 vs expected $0.03.

Bisys Group (BSG | charts | news | PowerRating) announces earnings Wednesday before the bell; consensus is $0.13 EPS.

DSW (DSW | charts | news | PowerRating) announces earnings Wednesday morning; expect $0.30 EPS.

Look for United National Foods (UNFI | charts | news | PowerRating) to report $0.30 EPS before the market opens on Wednesday morning.

Emulex (ELX | charts | news | PowerRating) announced plans to acquire Sierra Logic.

Sun Healthcare (SUNH | charts | news | PowerRating) announced plans to sell SunPlus Home Health Services and to acquire Preferred Hospice of Oklahoma.

Upgrades and Downgrades

Stocks upgraded this morning include:
CI, MBWM, JOSB, NOC, MOG.A, ESRX

Stocks downgraded this morning include:
MRO, FPL, ROK, PCLN, TZOO, CNW, IBNK, MMS, HOV, MAIR, PNCL, JBLU, LMT, and HRS

Budd Foxx

Morning News

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

• Second quarter GDP to be released at 8:30 this morning.

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

• European markets are trading slightly higher. In Tokyo the Nikkei 225 was down just a bit.

• Google's CEO Eric Schmidt has been elected to the board at Apple Computer.

• Costco Wholesale Corp. expects weaker than previously forcasted fourth quarter.

• Novell Inc. reviewing its stock option grants, and may delay filing quarterly results.

• AT & T Inc. stating their system was hacked and some personal information was stolen from its customers.

• Ernesto makes landfall in southern Florida as weak tropical storm.Forcasters have the storm crossing the state entering the Atlantic heading for the Carolina's.

• Crude oil is back over $70.00 per barrel.

• Wholesale gasoline is currently $1.80 per gallon.

• Natural gas is $6.68 per unit.

• Gold is $622.00 per ounce.

Budd Foxx

Eye On Stocks For Wednesday, Aug. 30, 2006

Shares of Apple Computer rose slightly in after-hours trading after the tech stalwart named Google CEO Eric Schmidt to its board of directors. The former Novell and Sun Microsystems exec joins Apple's board, which already includes Genentech Chief Executive Arthur D. Levinson, former Vice President Al Gore and others.

SIR

Sirva, Inc. is closing strong here and could be momentum so keep it on the radar.

SNX CHART

This stock broke out today so keep it on the radar for the rest of the week.  

CKCM

Click Commerce Inc. is perking up a bit here so keep this stock on that trading radar.

Budd Foxx

FLSH

Msystems Ltd has a good tone to it this afternoon so keep it on the radar going into the close.

SNDK

Sandisk, Corp. is acting well this afternoon so keep it on the radar going into the close.

Stocks to Watch

Here are some stocks to watch this afternoon:

ALXN, LCAPA, NOVN and VIP

OII

Oceaneering International, Inc. was upgraded this morning with a price target of $44 so keep it on the radar this afternoon.

RS

Reliance Steel & Aluminum Co. is acting very well today after being upgraded so keep it on the radar this afternoon.

PEP

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

CHAP

Chaparral Steel Company will split in early September and is acting well today so keep it on the radar.

CME 200 DMA Alert

Chicago Merchantile Exchange Holdings is sitting right on the 200 dma. Large institutions will often support a stock at this level so keep it on the radar.

NVDA

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

Top Performers

RS / KCI / ZQK / SIX / RSTO / SAFM / VPHM / HRAY / PARL

LLY

Eli Lilly & Company has a decent tone to it today so keep it on the radar for a possible swing trade.

VPHM

ViroPharma is trading up in pre-market on news so keep it on the radar today.

News on VPHM

BA CHART

This stock is oversold and could be a reversal setup here. The 200 dma looks to be the first line of resistance. Closing above the 200 dma would be a good sign for this security.  

STLD

Steel Dynamics, Inc. is trading up in pre-market so keep it on the radar today.

Stocks Trading Up In Pre-Market

VPHM, QLTI, RSTO, SAFM, SUNH, ACAT, RMBS, NTES, PARL, STEM, ISSC, PDLI, ALA, ANAD, ERIC, BA, and STLD

Budd Foxx

Chart of the Week

We love the solid daily pattern on CTSH. This is going to be a very light-volume week and CTSH most likely will need a lot of steam to break our 72 number. Nevertheless, keep her on your lists as stocks can often have surprise moves at unexpected times. However, make sure she is printing heavy volume as this is very watched area, not to mention a new 52 week high.

Chart of the Week

Wake Up, IPO Investors; It's Back-To-School Time

Normally, the weeks around Labor Day are a good time for IPO watchers to head to the beach. But a Chinese educational firm might force you to put down that mai tai.

New Oriental Education & Technology, a large private-school chain in the People's Republic of China, is rushing its debut on the NYSE to beat a Sept. 8 regulatory change. Ticker: EDU

Splits Calendar - September 2006

Here is the September Splits Calender.


Splits Calender

7 Stocks you need to know for today

Sanderson Farms (SAFM | charts | news | PowerRating) reports Tuesday morning; expect -$0.13 EPS.

The FDA approved a generic version of Bayer's (BAY | charts | news | PowerRating) Cipro drug.

Restoration Hardware (RSTO | charts | news | PowerRating) reported $0.01 EPS, above the consensus of -$0.04.

Northrop Grumman (NOC | charts | news | PowerRating) received a contract from U.S. Customs and Border Protection, valued at $33.7 million over five years.

Sealy Mattress (ZZ | charts | news | PowerRating) refinanced its $440 million senior credit facility.

Endo Pharmaceuticals (ENDP | charts | news | PowerRating) announced settling an agreement with The Purdue Frederick Company over a patent-infringement case revolving around OxyContin.

Starwood Hotels (HOT | charts | news | PowerRating) announced plans to open its first hotel in Beijing, China.

Upgrades and Downgrades

Upgraded this morning include:
BRC, RS, KNDL, and AVB

Downgraded this morning include:
SCHN, GI, RYL, ZGEN, SGXP, KTC, OCN, LNT, MDU, PNY, PNM, XEL, SUR, ENDP, NST, TJX, SAM, and ASH

Budd Foxx

Morning News

• Futures are up just a bit this morning we could see a slightly higher open.

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

• FOMC minutes will be released at 2:00 this afternoon.

• European markets are trading higher today. Asian markets are also higher with the Nikkei 225 gaining 128 points.

• Tropical storm Ernesto making its way toward south Florida.

• Barnes & Noble recieves subpoena over its stock option practices.

• Boeing Co. announces a $ 3 billion stock buy-back.

• U.S. Government conducting investigation of BP Plc. The government looking into the possibility that the company manipulated oil and gasoline markets.

• In Japan they are investigating first case of a fire in an Apple Computer laptop. It is believed the problem stems from the battery pack.

• Crude oil is $70.77 per barrel.

• Wholesale gasoline all the way down to $1.79 per gallon.

• Natural gas has pulled back to just above $6.00 per unit.

• Gold at $626.00 per ounce.

Budd Foxx

SPSN CHART

Another good looking chart so keep it on the radar this week.  

LMNX CHART

Blue Skies for this stock so keep it on the radar for the rest of the week.  

PEP CHART

This stock continues to act well so keep it on the radar for a possible swing trade.  

SIRF

SIRF Tech Holdings has a good tone to it so keep it on the radar this afternoon.

GRMN

Garmin Ltd. is acting well this afternoon so keep it on the radar.

AKAM

Akamai Tech has a good tone to it this afternoon so keep it on the radar.

NTRI

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

FORD

Forward Industries, Inc. is acting well today so keep it on the radar.

Top Performers

GI / BFT / H / RAD / ARO / ANAD / FCFS / TZOO

ANST

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

TZOO

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

HITT

Hittite Mirowave Corp. is acting well in early trading so keep it on your watchlist today.

GOOG

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

USG

USG Corp. has a decent tone this morning after being mentioned in Barron's so keep it on the radar.

SNDK

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

RACK

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

NVDA

Nvida Corp. has a good tone in early trading after being upgraded this morning so keep it on the radar.

Stocks Trading Up In Pre-Market

EBAY, INTC, RACK, ANAD, CNR, GOOG, NVDA, CHRS, NYNY, NTLI, KMI, CROX, IMAX, GI, BCRX, AMZN, AVNX, HITT, and IDIX

Budd Foxx

August 28th Blogger Sentiment Poll

Financial bloggers have turned bullish for the first time since we have been running the Blogger Sentiment Poll. Of the 45 respondents, 19 were bullish on the U.S. markets for the next month, 18 were bearish, and 8 remained neutral.

August 28th Blogger Sentiment Poll

Upgrades and Downgrades

Upgraded this morning include:
NVDA, INTC, and MPG

Downgraded this morning include:
HRL, CPB, D, UHS, X, and CNC

Budd Foxx

Morning News

• Futures are down just a bit this morning pointing to a slightly lower open.

• European markets are trading lower today. Asian markets lower with the Nikkei 225 losing just over 1%

• The Lundberg Survey of 7,000 gas stations shows a decline of 15 cents a gallon over the past two weeks.

• Tropical storm Ernesto expected to sit over Cuba today then make its way toward southern Florida as a tropical storm or weak hurricane by mid-week.

• Comair plane crash over the weekend claims 49 lives.

• Boeing Company recieves order for 10 aircraft from Air Sahara.

• Google Inc. and Ebay teaming up in advertising alliance.

• Kinder Morgan Inc. has agreed to buyout for nearly $22 billion.

• Crude oil pulling back now that Ernesto's path has shifted to the east. Current price is $71.17 per barrel.

• Wholesale gasoline is $1.85 per gallon.

• Natural gas really pulling back, current price is $6.58 per unit.

• Gold is $632.00 per ounce.

Budd Foxx

7 Stocks you need to know for Monday

Centene (CNC | charts | news | PowerRating) received a notice that its contract with Kansas' Health Policy Authority will expire at the end of 2006. The subsidiary which lost the contract generated roughly $240 mn of CNC's 2005 revenue.

Robert Rubin, a director at Citigroup (C | charts | news | PowerRating), resigned from Ford's (F | charts | news | PowerRating) board of directors, citing that the relationship between C and F could lead to suspicions of conflict of interest. Rubin had been on the F board for 6 years.

Empire Resorts' (NYNY | charts | news | PowerRating) horsemen received new arbitrated contract terms from New York Racing and Wagering Board today.

Donald Zacharias announced his decision to retire from the board of directors of Sanderson Farms (SAFM | charts | news | PowerRating). Zacharias had been on the board since 1988.

Medicis Pharmaceutical (MRX | charts | news | PowerRating) received a positive recommendation from the FDA for the drug Radiesse, a facial wrinkle filler.

Beacon Roofing (BECN | charts | news | PowerRating) announced plans to buy Roof Depot, a Minnesota-based roofing products company that generated sales of $31 mln in 2005.

The Ups and Downs of Biotech

Many traders dream of the day they can close out their positions and realize that one big gain. You probably have heard stories about novice traders that build up their trading accounts from mere thousands into millions. Biotechnology is a sector where traders seek out these such huge profits. For smart traders, this sector can present an incredible area of opportunity, but for those who are not willing to do their homework, it can be a train wreck waiting to happen. In this article, we'll use real-life examples to illustrate why this sector can be so appealing, and what issues you should consider before putting your capital at risk.

The Big Win
There are few sectors in the market that see small single-product companies go from having tiny market capitalizations to having a worth over hundreds of millions practically overnight. The business of curing diseases can be a lucrative one, and investors will jump on the bandwagon for any stock that shows the promise of a big breakthrough. For example, as you can see in Figure 1, Novavax Inc. (NVAX) rose from a low of $0.74 in August 2005 to a high of $8.31 in March 2006. This is equal to an amazing 1,023% in seven short months. With gains like this, it is easy to see why so many are anxious to put money into this sector.

SNDK

SanDisk Corp. is acting well again today in early trading so keep it on that watchlist.

Budd Foxx

NGAS

NGAS Resources has a good tone to it in early trading so keep this stock on that trading radar.

Budd Foxx

RIMM

Research In Motion strong out of the gate this morning so keep this stock on that trading radar.

Budd foxx

Stocks Trading Up In Pre-Market

HOKU, SNDK, RMBS, CKFR, ESCL, PEIX, GOOG, HANS, BTJ, SUPG, GNSS, NGAS, FUEL, OMNI, CHK, BDCO, NPSN, F, XOM, VLO, and HD

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning include:
SBKC, CKFR, CVTI, HOKU, LPX, GNSS, and VRTX

Stocks downgraded this morning include:
MYL, CSB, UHS, CMI, PCAR, OVTI, HRB, and PUK

Budd Foxx

Morning News

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

European markets are trading to the upside today. In Tokyo the Nikkei 225 experienced a slight decline.

Ben Bernanke will be speaking this morning fron the Federal Reserve Symposium.

A tropical depression near San Juan Puerto Rico forcasted to intensify, and head towards the Gulf of Mexico.

In Alaska Gov. Frank Murkowski seeking contract to build $25 billion natural gas pipeline.

Home Depot to add $3.5 billion to it's stock buyback program.

KB Home notified by the Securities and Exchange Commission that an informal investigation will begin in the companies stock option grants.

Toyota Motor Corp. may delay launch of new models.

Apple Computer to recall 1.8 million laptop battery packs made by Sony.

Crude oil is on the move current price is $73.37 per barrel.

Wholesale gasoline is $1.90 per gallon.

Natural gas at two week highs $7.42 per unit.

Gold flat $631.00 per ounce.

Budd Foxx

7 Stocks you need to know for Friday

Conn's (CONN | charts | news | PowerRating) reports earnings on Friday before the open; consensus is $0.35 EPS.

Ansoft (ANST | charts | news | PowerRating) beat earnings this afternoon, announcing $0.12 vs $0.08 consensus.

Today after the bell J. Crew (JCG | charts | news | PowerRating) beat earnings, announcing $0.21 EPS against an expected $0.17 EPS.

McData (MCDTA | charts | news | PowerRating) beat earnings by $0.02, announcing $0.01 EPS.

Navistar (NAV | charts | news | PowerRating) and Caterpillar (CAT | charts | news | PowerRating) have announced reaching an agreement on a new business relationship that deals with licensing and supply. The companies have agreed to dismiss all litigations, allowing for a clean slate on the new partnership.

Benihana (BNHNA | charts | news | PowerRating) matched earnings at $0.40; co also announced appointing a new CFO, who will take office on September 1, 2006.

ILMN

Illumina Inc. making new highs on the day here heading to the close so keep this stock on your trading radar.

Budd Foxx

SNDK

SanDisk Corp. has perked up here a bit this afternoon so keep it on that trading radar.

Budd Foxx

JNJ

Johnson & Johnson has a good tone to it this afternoon sp keep this stock on that trading radar.

Budd Foxx

TZOO

TravelZoo Inc. moving up just a bit here this afternoon so put this stock on your watchlist.

Budd Foxx

NTRI

Nutrisystem Inc. is making new highs on the day here this so keep it on that trading radar.

Budd Foxx

SHLD

Sears Holding Corp. seems to be perking up a bit here so put this stock on that trading radar.

Budd Foxx

FOXH

FoxHollow Technologies making new highs on the day here so keep this stock on that watchlist.

Budd Foxx

ISRG

Intuitive Surgical Inc. has a decent tone to it this afternoon so keep this stock on that radar.

Budd Foxx

WITS

Witness Systems Inc. making new highs on the day here so keep this stock on your watchlist.

Budd Foxx

UNH

United Health Group Inc. making a new high on the day here so keep this stock on that trading radar.

Budd foxx

GDW

Golden West Financial Corp. just made a new 52 week high so keep this stock on that watchlist.

Budd Foxx

BHI

Baker Hughes Inc. making new highs on the day here so keep this stock on that trading radar.

Budd Foxx

NFX

Newfield Exploration Company is acting well this morning so put this stock on that trading radar.

Budd Foxx

LVS

Las Vegas Sands Corp. has a good tone to it today so keep this stock on that trading radar.

Budd Foxx

AAPL

Apple Computer moving up here a bit in early trading so keep this stock on your trading radar.

Budd Foxx

GOOG

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

Budd Foxx

WYN

Wyndham Worldwide Corp. acting well here in early trading so put this stock on that watchlist.

Budd Foxx

Top Performers

H / WYN / FNM / CREAF / VPHM / STEM / TIVO / CWTR

CSCO

Cisco Systems Inc. has a decent tone to it in early trading so keep this stock on your watchlist.

Budd Foxx

FNM

Fannie Mae is acting well this morning in early trading so keep this stock on that watchlist.

Budd foxx

RMBS

Rambus Inc. is acting well again here in early trading so keep this stock on your trading radar.

Budd Foxx

Stocks Trading Up In Pre-Market

CREAF, CWTR, CSCO, VPHM, OPSW, RMBS, STEM, ASTM, TIVO, AAPL, F, MT, ISON, EON, GLD, GSK, DELL, PEIX, HOKU, CLZR, and LIPD

Budd Foxx

Regulation SHO Threshold Security List

Threshold Security List - Wednesday, August 23, 2006

CWTR

Coldwater Creek Inc. out with earnings last night the company also lifted fiscal full year outlook.The stock is actively trading to the upside in pre market trading this morning so keep this stock on your trading radar.

Budd Foxx

Upgrades and Downgrades

Stocks upgraded this morning include:
WYN, LSTR, GTW, NVLS, AMWD, SFD, ATMI, and SVU

Stocks downgraded this morning include:
NVT, COCO, EBAY, WLK, GGC, CHS, XRTX, AMAT, and TER

Budd Foxx

Morning News

Futures are up just a bit this morning pointing to a higher open.

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

Weekly jobless claims will be released before the market opens today.

July durable goods orders will be released at 8:30 this morning.

At 10:00 this morning new home sales numbers will be released.

European markets are trading just slightly higher today. In Tokyo the Nikki 225 lost 1.3%

McDonald's Corp. announcing that Mike Roberts the president and COO is resigning.

Rite Aid reportedly is close to a deal to buy Eckerd Drugs Stores and, Brooks Drugs Stores.

Reports are out that Ford Motor Company looking at options which include taking the company private.

BP Plc. losing another 90,000 barrels a day at Prudhoe Bay facility due to compressor problems.

Crude oil has pulled back to $71.66 per barrel.

Wholesale gasoline has really pulled back. Current price for a gallon is $1.84

Natural gas is $7.18 per unit.

Gold remaining right around $634.00 per ounce.

Budd Foxx

Earnings

A few of the companies reporting today.

Adams Respitory Therapeutics (ARXT)
Ansoft Corp. (ANST)
Bon Ton Stores (BONT)
Deb Shops (DEBS)
Genesco (GCO)
Gerber Scientific (GRB)
Hormel Foods Corp. (HRL)
J Crew Group Inc. (JCG)
LaBarge Inc. (LB)
McData Corp. (MCDTA)
Patterson Dental (PDCO)
Quanex (NX)
Shilo Industries (SHLO)
Toro (TTC)
TTI Telecom (TTIL)
Williams Sonoma (WSM)

Budd Foxx

7 Stocks you need to know for Thursday

Coldwater Creek (CWTR | charts | news | PowerRating) beat by $0.03.

Michael's Stores (MIK | charts | news | PowerRating) reported $0.15; revenues rose 3.1% year/year.

Nordson (NDSN | charts | news | PowerRating) beat by $0.12.

Chico's FAS (CHS | charts | news | PowerRating) was in-line but guided lower for Q3, Q4 and fiscal 2007 and 2008.

Hormel (HRL | charts | news | PowerRating) reports before the open Thursday; look for $0.42.

Williams Sonoma (WSM | charts | news | PowerRating) also reports early Thursday; look for $0.23.

Genesco (GCO | charts | news | PowerRating) is set to report early tomorrow; look for $0.21.

KOSP

KOS Pharmaceuticals, Inc. has a good tone to it this afternoon so keep it on the radar. Closing above the 200 dma would be a good sign for this stock.

PEP

Pepsico, Inc. has a decent tone to it today so keep it on the radar.

MOVI

Movie Gallery, Inc. is a very depressed stock coming off a bottom here so keep it on the radar for a potential reversal setup.

NVEC

NVE Corp. just made a new 52 week high so keep it on the radar this afternoon.

WYNN

Wynn Resorts, Ltd. is acting well today so keep it on the radar.

Oil Inventories

Energy Dept. just released the weekly inventory report.

Crude oil saw a decline of 600,000 barrels.

Gasoline stocks were up 400,000 barrels.

Distillates also saw a build up 2.3 million barrels.

Budd Foxx

ANDE

The Andersons, Inc. is acting well today so keep it on the radar.

PEIX

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

BRCM

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

Top Performers

SIR / DYN / DRL / F / NSM / WY / RMBS / CBST / ISSX

CCJ

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

FORM

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

VGZ

Vista Gold Corp broke out yesterday and continues to act well so keep it on the radar.

AAPL

Apple Computer, Inc. is acting well in early trading so keep it on the radar. Closing above $70 per share would be a good sign for this stock.

SNDK

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

Stocks Trading Up In Pre-Market

SNDK, CBST, ISSX, CLZR, HWCC, ADCT, CTIC, ANDE,
TZOO, OLAB, RMBS,PEIX, SUNW, SLV, LVLT, REDF,
HURC, DYN, MEDI, F, GTW,ESST, AAPL and NMSS

Budd Foxx

7 Stocks you need to know for today

Medtronic (MDT | charts | news | PowerRating) beat by a penny.

Intuit (INTU | charts | news | PowerRating) beat by a penny, beat on revenues, and gave mixed guidance.

National Semiconductor (NSM | charts | news | PowerRating) lowered guidance for Q1 2007, saying revenues will be down about 6%.

Dollar Tree (DLTR | charts | news | PowerRating) is also set to report early tomorrow; look for $0.27.

Applied Signal (APSG | charts | news | PowerRating) missed by $0.10; revenues missed expectations.

Tech Data (TECD | charts | news | PowerRating) reports before the bell Wednesday; look for $0.03.

Smithfield Foods (SFD | charts | news | PowerRating) also reports early tomorrow; look for $0.36.

Upgrades and Downgrades

Upgraded this morning include:
MIC, PBG, MLS, and EOG

Downgraded this morning include:
DBRN, XEL, ISE, MNST, EDE, PEG, and CPB

Budd Foxx

Morning News

• Futures are pointing to a lower open this morning.

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

• The Energy Dept. will release oil inventories at 10:30.

• European markets are trading just a bit lower today. The Nikkei 225 experienced a small decline in Tokyo.

• National Semiconductor lowers its quarterly sales target.

• BHP Billiton post inline earnings, and a $3 billion stock buyback.

• KB Home announcing the company is reviewing stock option grants given to the company CEO.

• U.S. Marine Corps. to order troops to active duty. This is the first involuntary call up of troops since the war in Iraq began.

• Crude oil pulling back a bit this morning to $72.40 per barrel.

• Wholesale gasoline is $1.92 per gallon.

• Natural gas back up to just over $7.00 per unit.

• Gold currently $635.00 per ounce.

Budd Foxx

Earnings

A few of the companies reporting today.

American Woodmark Corp. (AMWD)
BHP Billiton (BHP)
Brown Shoe Company (BWS)
Coldwater Creek (CWTR)
Dollar Tree Stores (DLTR)
Eaton Vance Corp. (EV)
LSI Industries (LYTS)
Michaels Stores (MIK)
Nordson (NDSN)
Payless Shoe Source (PSS)
Regis Corp. (RGS)
Smithfield Foods (SFD)

Budd Foxx

TXCO CHART

Look for a possible follow through on Wednesday.  

XMSR

XM Satellite Radio Holdings, Inc. if this stock is pushing the high of the day near the close it could be momentum so keep it on the radar.

CCJ

Cameco Corp. closing above $40.55 per share would be a good sign for this stock so keep it on the radar.

VGZ

Vista Gold Corp. going above $12 per share would be a very good sign for this stock so keep it on the radar for a possible swing trade.

ERTS

Electronic Arts, Inc. is acting well today so keep it on the trading radar.

TZOO

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

SHOO

Steve Madden Ltd. this stock has a small float but is acting very well today so keep it on the radar.

RIMM

Research in Motion Ltd. has a good tone in early trading so put it on your watchlist this morning.

UARM

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

ESRX

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

Top Performers

ASX / AMD / TOL / OLAB / MFLX / PGWC /XMSR / AVII

MLS

Mills Corp is acting well in early trading so keep it on the radar.

SNDK

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

AAPL

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

TRMB

Trimble Navigation Ltd. continues to act well so keep it on the radar.

MFLX

Multi-Fineline Electronix, Inc. is acting well in early trading so keep it on the radar.

BOOM

Dynamic Materials Corp. is trading up in pre-market this morning so keep it on the radar today.

Stocks Trading Up in Pre-Market

XMSR, OLAB, NAPS, SIRI, PEIX, SNDK, HPOL, INTL, EEFT, AMTD, AMD, TOL, GT, HAL, HDY, TMIC, PGWC, and BOOM

Budd Foxx

Upgrades and Downgrades

Upgraded this morning include:
ARXT, CBI, EVBS, GT, DG, AMD, XMSR, and DPTR

Downgraded this morning include:
ASH, CBAN, BRKR, YSI, SUNH, ETM, LDG, and OCR

Budd Foxx

7 Stocks you need to know for today

Candela Laser (CLZR | charts | news | PowerRating) missed by $0.13.

Bob Evans Farms (BOBE | charts | news | PowerRating) missed by a penny, excluding items.

Toll Brothers (TOL | charts | news | PowerRating) reports before the open Tuesday; look for $1.04.

CDC Corp. (CHINA | charts | news | PowerRating) also reports early tomorrow Tuesday; look for $0.08.

Harris Interactive (HPOL | charts | news | PowerRating) is set to report before the bell; look for $0.04.

A Director at Vonage (VG | charts | news | PowerRating) bought 106,000 shares at $6.50.

Tandy Brands (TBAC | charts | news | PowerRating) reported ($0.16) vs ($0.33) a year ago.

Morning News

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

• European markets are flat to slightly lower today. In Tokyo the Nikkei 225 traded up 1.3%

• Official response from Iran expected today. All expectations are that Iran will reject the United Nations call for the end of its nuclear enrichment program.

• Toll Brothers slashes its forward guidance for the fourth quarter. The company expects deliveries of 7,000 to 8,000 compared to its previous expectations of 8,600 to 8,900 homes.

• Ford Motor Company expected to release new version of Super Duty F-Series truck at the end of September.

• Cisco Systems Inc. is buying a small on demand television company for $92 million.

• XM Satellite Radio upgraded to outperform from underperform at Bear Stearns this morning.

• 11 suspects in the plot to blow up aircraft are making their first court appearance today in London.

• Crude oil is currently $72.44 per barrel.

• Wholesale gasoline is $1.94 per gallon.

• Natural gas at $6.54 per unit.

• Gold $634.00 per ounce.

Budd Foxx

Earnings

A few of the companies reporting today.

Applied Signal Technology (APSG)
Bank of Montreal (BMO)
CDC Corp. (CHINA)
Frontline Ltd. (FRO)
Harris Interactive (HPOL)
Intuit (INTU)
Medtronic Inc. (MDT)
Perry Ellis International (PERY)
Toll Brothers (TOL)

Budd Foxx

TARO CHART

Closing above the 200 dma would be a good sign for this stock so keep it on the radar as a possible swing trade.  

TALX

Talx Corp. is pushing the high of the day and could be momentum.

MOSY

Mosy's, Inc. is closing strong and could be momentum so put it on the radar.

PD

Phelps Dodge, Corp. has a good tone going into the close so keep it on the radar along with PCU.

Top Performers

HNR / LZB / GLB / PPC / ABD / NEU / GFI

AEM / SLW / GLG / GKIS / OLAB

CCJ

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

ILMN

Illumina, Inc. has a good tone this morning so keep it on the radar.

PAAS

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

SNDK

Sandisk Corp. is acting very well in early trading so keep it on the radar.

ELOS

Syneron Medical Ltd. has a good tone in early trading so keep it on the radar.

OLAB

Oralabs Holding Corp. is acting very well today so keep it on the radar.

PEIX

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

TRMB

Trimble Navigation Ltd. is acting very well in early trading so keep it on the radar.

SU

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

CUP CHART

Look for a follow through today on this stock as it acted very well on Friday and is trading up in pre-market today.  

Stocks Trading Up In Pre-Market

AAUK, CNR, GKIS, OLAB, RMBS, NXG, KOMG, CUP, KNOT, NITE, NVEC, PEIX, GLD, BP, VLO, OATS, XING, CRUS, ISIL, and CHPD

Budd Foxx

Upgrades and Downgrades

Upgraded this morning include:
MEDI, MIC, PTI, ABD, EXBD, SYNT, AV, EQR, CPT, KOP, and BP

Downgraded this morning include:
ANN, SYT, F, and EAS

Budd Foxx

Morning News

• Futures are pointing to a lower open this morning.

• European markets are trading to the downside today, while in Tokyo the Nikkei 225 was down slightly.

• Iran stating they will not suspend uranium enrichment program as U.N. deadline nears.

• Friday after the close Pilgrim's Pride offered to buy Gold Kist Inc.

• Ford Motor Company to cut vehicle production in North America by as much as 21%

• Ex-auditors for Boeing are alleging the company used faulty parts in its 737 airplane.

• BHP Billiton has lifted wage offer to striking workers at the Escondido Mine.

• EuroZinc Mining and Lundin Mining Corp. have agreed on a merger.

• In sports Tiger Woods won the PGA Championship over the weekend.

• Crude oil is moving up here the current price is $71.86 per barrel.

• Wholesale gasoline is $1.91 per gallon.

• Natural gas is currently $6.61 per unit.

• Gold is up a bit today. The current price is $631.00 per ounce.

Budd Foxx

EXC

Exelon Corp. is golden stock picks free swing setup for Monday.

7 Stocks you need to know for Monday

Lowes (LOW | charts | news | PowerRating) reports on Monday; look for $0.61.

Bob Evans Farms (BOBE | charts | news | PowerRating) is set to report also; look for $0.32.

Kensey Nash Corp. (KNSY | charts | news | PowerRating) reports Monday before the open; look for $0.25.

Aetna (AET | charts | news | PowerRating) reaffirmed 2006 guidance of $2.77 - $2.79..

Gamco Investors disclosed a 5.5% stake in GATX Corp. (GMT | charts | news | PowerRating).

Innospec (IOSP | charts | news | PowerRating) announced an additional $2 million stock buyback.

On Track Innovations (OTIV | charts | news | PowerRating) has fallen nine of the past eleven days, and could bounce.

Money Management

Money management is the process of analyzing trades for risk and potential profits, determining how much risk, if any, is acceptable and managing a trade position (if taken) to control risk and maximize profitability.

Many traders pay lip service to money management while spending the bulk of their time and energy trying to find the perfect (read: imaginary) trading system or entry method. But traders ignore money management at their own peril.

Money Management

CUP

Peru Copper, Inc. has a very good tone going into the close so keep it on the trading radar.

EZM

Eurozinc Mining Corp. is acting very well going into the close so keep it on the radar.

PPL

PPL Corp. this stock breaks out around $35 per share so keep it on the radar this afternoon.

PPL CHART

THLD

Threshold Pharmaceuticals, Inc. is acting very well today as the stock has just broken out of a flat base so keep it on the radar this afternoon.

THLD CHART

OXY

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

REDF

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

HUM

Humana, Inc. has a good looking chart and could be a possible swing or position trade. This stock breaks out around $60.15 per share.

HUM CHART

HPQ

Hewlett-Packard Company continues to have a decent tone to it so keep it on the radar.

AAPL

Apple Computer, Inc. has perked up a bit here so keep it on the radar.

ILMN

Illumnia, Inc. is acting well today so keep it on the radar. This stock filled some of the gap yesterday.

NTAP

Network Applicance, Inc. is acting well today so keep it on the radar as the stock appears to be in a bullish power trend.

NVEC

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

FFIV

F5 Networks, Inc. continues to act well so keep it on the radar today.

Top Performers

NDN / MLS / SIR / MO / BEBE / TIVO

MICC

Millicom International Celular has a good tone in early trading so keep it on the radar.

SU

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

BEBE

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

OMNI

Omni Energy Services Corp. is trading up in pre-market this morning so keep it on the radar. This stock is currently oversold.

OMNI CHART

Stocks Trading Up In Pre-Market

TIVO, NVDA, MEDI, JOYG, BEBE, GSX, WSSI, NBIX, CNR, ANN, MLS, MO, DCP, HAL, OMNI, GLD, SIRI, BRCD, VLO, BHP, and BP

Budd Foxx

7 Stocks you need to know for today

Dell (DELL | charts | news | PowerRating) reported $0.22, in-line; revenues were also virtually in-line. The company said it will launch Dimension desktop computers with Advanced Micro Devices (AMD | charts | news | PowerRating) chips.

Aeropostale (ARO | charts | news | PowerRating) was in-line at $0.13.

Nordstrom (JWN | charts | news | PowerRating) beat by $0.02.

Petco (PETC | charts | news | PowerRating) was in-line and guided lower.

bebe (BEBE | charts | news | PowerRating) beat by $0.03.

Brocade (BRCD | charts | news | PowerRating) beat by $0.02.

Upgrades and Downgrades

Upgraded this morning include:
APOL, SLM, MKSI, JCI, CAI, NKTR, KNOT, PGR, NVDA, MEDI, LLL, RYI, PNW, and STM

Downgraded this morning include:
SNDK, KR, DELL, MDRX, GPS, ARXX, and CMRG

Budd Foxx

Morning News

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

• Preliminary consumer sentiment for August to be released at 9:45 this morning.

• European markets trading slightly higher this morning. The Nikkei 225 ended the day higher in Tokyo.

• Dell Computer released earnings after the bell last night. The company also announced its under informal investigation for accounting issues.

• Ford Motor Company reportedly looking to cut more jobs, and close more facilities.

• Tivo Inc. recieves favorable ruling in case against Echostar. A judge ruled Echostar can not make or offer video recorder products in the U.S The company will also have to pay Tivo $89.6 million.

• Boeing Company recieves order for 6 aircraft with an option to buy four more from Monarch Airlines. The deal reportedly worth $916 million.

• Big tobacco granted favorable decision in court ruling.

• Lucas Glover, and Chris Riley share the lead after the first round of the PGA Championship.

• Crude oil moving up this morning. Current price is $70.91 per barrel.

• Wholesale gasoline is $1.96 per gallon.

• Natural gas down to $6.64 per unit.

• Gold has pulled back to $625.00 per ounce.

Budd Foxx

Earnings

Just a few of the companies reporting today.

AnnTaylor Stores (ANN)
Delta Apparel Inc. (DLA)
Focus Media Holding Ltd. (FMCN)
Foot Locker Inc. (FL)
J.M. Smucker Company (SJM)
The Wet Seal Inc. (WTSLA)
WPP Group Plc. (WPPGY)

Budd Foxx

ELOS CHART

This stock has broken out of a base so keep it on the radar for a possible swing trade.

AKAM

Akamai Tech. breaks out around $40.50 per share so keep it on the radar this afternoon.

RMBS

Rambus, Inc. is coming off a bottom and just made a new intraday high so keep it on the radar this afternoon.

BIDU

Baidu.Com starting to rip here so put this stock on that trading radar.

Budd Foxx

FRX

Forest Laboratories Inc. is acting well this morning so keep this stock on that trading radar.

Budd Foxx

LM

Legg Mason Inc. just made a new high on the day so put this stock on that trading radar.

Budd Foxx

PWEI

PW Eagle Inc. making a new 52 week high this morning so put this stock on that watchlist.

Budd Foxx

MW

Men's Wearhouse Inc. acting very well here this morning so put this stock on that trading radar.

Budd Foxx

TZOO

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

WFR

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

Top Performers

CRM / LDG / VC / HPQ / AMD / CHINA / PMCS

Navigation Stocks

The Navigation Stocks continue to have a decent tone so keep them on the radar:

GRMN, NGPS and TRMB

AAPL

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

Budd Foxx

SNDK

Sandisk Corp. continues to act well so keep it on the trading radar today.

RACK

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

RIMM

Research in Motion Ltd has a good tone in early trading so keep it on the radar.

HPQ

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

CHINA

CDC Corp. signed a deal with Google so keep it on the radar today.

Stocks Trading Up In Pre-Market

CHINA, CWTR, CMED, RIMM, CROX, RACK, ERICY, HPQ, MNTA, BTUI, CCL, VC, NYNY, SUNW, AAUK, ERICY, BOBJ, and SNDK

Budd Foxx

Upgrades and Downgrades

Upgraded this morning include:
HPQ, PGR, SLAB, AAUK, BTU, TK, SYY, PHM, QLTY, AMD, JNY, ICO, CIT, FCL, LVS, and FRX

Downgraded this morning include:
CMA, CRH, OMM, NST, ALKS, GM, and AGN

Budd Foxx

7 Stocks you need to know for today

Hewlett Packard (HPQ | charts | news | PowerRating) beat by $0.04, guided higher for Q4 and approved a $6 billion stock repurchase plan.

Men's Wearhouse (MW | charts | news | PowerRating) beat by $0.07 and guided higher for Q3.

BEA Systems (BEAS | charts | news | PowerRating) beat by $0.02.

Long's Drugs (LDG | charts | news | PowerRating) beat by $0.12.

Gymboree (GYMB | charts | news | PowerRating) beat by $0.05 and guided higher for fiscal 2007.

Synopsis (SNPS | charts | news | PowerRating) beat by $0.02 and lowered guidance for Q4.

Network Appliance (NTAP | charts | news | PowerRating) missed by $0.02.