Wednesday, February 28, 2007

TATTF

Tat Tech, Ltd. bucked the trend yesterday and continues to act well today so keep it on the radar.

Stocks Bouncing this Morning

Here is a list of stocks bouncing today:

CME, BOT, RIMM, ATI, LVS, and ICE

Oil Inventories

Energy Dept. just released the weekly inventory levels.

Crude oil saw a build of 1.4 million barrels.

Gasoline saw a decline of 1.9 million barrels.

Distillates also saw a decline of 3.8 million barrels.

Budd Foxx

Top Performers

NXL / HSP / DY / RIO / LEAP / ADBL / DECK / EAGL

Hammerstone Daily Massive

MAR'07 S&P500 ** CRUNCH ** - The MAR'07 S&P500 took a tumble and will remain vulnerable to the offer with all trading below 1414.50. Sell strength against here. A breach of 1415-1414.50 puts the index back in a big messy digest up to 1428 and 1439.75. Here again, selling is expected. 1459.75 is the high point for the expected consolidation.

- Key off the 1401 Directional for an indication of the session tone. Below here, the offers are aggressive down to 1387.50. Use caution. This break has the potential to feed on itself, targeting 1378.50-1374.50 on any new weakness. Expect a reaction. 1351 and 1333.50 are the extended targets for any sustained decline. 1291.50 is the current extreme.

AXP CHART


Yesterday this stock received support at the 200 dma and today it was upgraded so keep it on the radar.

Stocks Trading Up In Pre-Market

GOOG, MSFT, CSCO, INTC, CHINA, AAPL, BIDU, RIMM, DSCO, AKAM, ATHR, HMIN, XING, XOMA, CROX, NVTL, NCTY, LEAP, EAGL, IGLD, RYAAY, GROW, WYNN, LVLT, and EPCT

Budd Foxx

7 Stocks you need to know for today

Novatel Wireless (NVTL | charts | news | PowerRating) barely beat earnings on Tuesday after the bell, announcing $0.14 EPS over an estimated $0.13 EPS.

Wynn Resorts (WYNN | charts | news | PowerRating) also beat on Tuesday afternoon, with $0.53 EPS over a consensus of $0.47.

CarMax (KMX | charts | news | PowerRating) announces earnings on Wednesday before the open, with analysts looking for $0.43 EPS.

Joy Global (JOYG | charts | news | PowerRating) is expected to report $0.60 EPS on Wednesday before the bell.

Liz Claiborne (LIZ | charts | news | PowerRating) reports quarterly earnings Wednesday before the market opens; look for $0.97 EPS.

When Interpublic Group (IPG | charts | news | PowerRating) announces quarterly earnings on Wednesday before the open, watch for $0.22 EPS.

Sprint Nextel (S | charts | news | PowerRating) is looking to announce $0.29 EPS tomorrow morning.


Upgrades and Downgrades

Upgraded this morning include:

AXP, FDP, RNWK, BEAS, CIEN, RJET, LLL, BA, CDI, EGLE, ADSK, ADBL, and FNM

Downgraded this morning include:

WPI, GMST, RRI, LMT, PRAI, XPRT, AV, SFC, and PTMK

Budd Foxx

Morning News

Futures are pointing to a rebound after yesterday's sharp decline.

Fourth quarter gross domestic product figures will be released before the open this morning.

Chicago PMI will be released at 9:45 this morning.

January new home sales will be released at 10:00 this morning.

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

European markets are trading to the downside again so far today.

In Tokyo the Nikkei 225 did end lower.

Yesterday's selloff was the biggest drop in the market in nearly 5 years.

Ben Bernanke will be speaking before the House today.

Home Depot Inc. expects 2007 earnings per share to be down between 4% and 9% per share.

BlackRock Inc. raising quarterly dividend by 60%.

Lockheed Martin Corp. reportedly has been awarded $979.2 million contract by the Dept. of Defense.

Crude oil is currently just below $61.00 per barrel.

Wholesale gasoline is now $1.80 per gallon.

Natural gas is $7.46 per unit.

Gold taking a hit is currently $679.00 per ounce.

Budd Foxx

Tuesday, February 27, 2007

Follow-up on this afternoon's gap down in the market

Regarding today's afternoon plunge, a CNBC commentator notes that at first traders on the NYSE floor thought it was a bad print. Then traders believe that a series of trades were queued up against the curbs, and when the curbs were released, then the Dow gapped down another 200 points in a matter of minutes. Says traders have never seen such an instantaneous gap down... It's worth noting that at least for the moment, the Dow seems to have held its initial test of its Dec low of 12,090 (see 15:08 comment)... Dow down ~400, S&P down ~44, Nasdaq down ~86.

TATTF

Tat Tech, Ltd. is acting well this afternoon so keep it on the radar.

MA

Mastercard has gone green and is bucking the trend so keep it on the radar this week.

ERTS

Electronic Arts, Inc. is another stock bucking the trend here so keep it on the radar.

Top Performers

RSH / NFI / BRCD / ELOS / MRVL / DWSN / HLEX

ELOS

Syneron Medical, Ltd. seems to be bucking the trend here so keep it on the radar.

Follow-up on Chinese stock market sell-off

Dow Jones reports that the biggest drop in China's benchmark stock index in a decade sent ripples through other Asian markets, in the latest sign of the emerging global importance of the country's economy and financial system. A day after the Shanghai Composite Index hit a new record high, it plunged 8.8% on Tuesday to 2771.79, on what analysts said were widespread efforts by investors to cash in on big gains and avoid any govt attempts to cool the markets. Tuesday's drop was the biggest in percentage terms since an 8.9% fall on Feb. 18, 1997 that was trigged by rumors that then paramount leader Deng Xiaoping had died, a day before he actually did. There were no new policies announced Tuesday, and few analysts see the one-day fall as a turning point for China's stock market. In fact, most signs suggest investors have returned from last week's Chinese New Year holidays keen to hold more stock.

Pre-Market Gappers

Gapping up:

BRCD +9.1%, MRVL +3.4%, BBI +2.3%, STTS +1.9%, SNE +1.5%...

Gapping down:

SHFL -14.6%, TSL -6.1%, DYN -5.8%, AU -5.3%, GOLD -5.3%, AAUK -5.1%, GFI -4.9%, NYX -4.2%.

7 Stocks you need to know for today

Focus Media (FMCN | charts | news | PowerRating) beat earnings Monday afternoon, announcing $0.64 EPS over an expected $0.63 EPS.

Cogent (COGT | charts | news | PowerRating) missed earnings on Monday after the bell; analysts expected $0.15 EPS, but the company announced $0.14 EPS.

Target (TGT | charts | news | PowerRating) announces earnings on Tuesday before the bell, with analysts looking for $1.27 EPS.

El Paso (EP | charts | news | PowerRating) should report $0.19 EPS on Tuesday before the market opens.

When Federated Department Stores (FD | charts | news | PowerRating) reports quarterly earnings Tuesday morning, watch for $1.57 EPS.

Analysts are watching for Harrah's Entertainment (HET | charts | news | PowerRating) to report $0.65 EPS on Tuesday before the market opens.

Heinz (HNZ | charts | news | PowerRating) is looking to report $0.61 EPS tomorrow morning.

Upgrades and Downgrades

Upgraded this morning include:

FCX, MCO, BRCD, NVO, ABX, SHPGY, GE, and RMIX

Downgraded this morning include:

TGP, PTEN, TOO, RAIL, BBBY, NYX, FMX, CRDN, ALD, HBG, CCRT, and OMPI

Budd Foxx

Morning News

Futures are taking a hit this morning pointing to a much lower open.

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

February consumer confidence will be released at 10:00 this morning.

January existing home sales set to be released at 10:00 this morning as well.

European markets are taking a hit so far today.

In Tokyo the Nikkei 225 did end the day lower.

Iran's foreign minister reportedly has said his country will not stop uranium enrichment program ever again.

The U.S. dollar reaches two month low against the euro.

Wal Mart Stores Inc. reportedly will buy 35% stake in Trust Mart. Trust Mart operates a chain of hypermarkets in China.

AB Volvo reportedly will buy road development division from Ingersoll Rand for $1.3 billion.

Toyota Motor to spend $830 million to build vehicle assembly plant in Mississippi.

People will have to wait till mid March according to Apple Computer for its highly anticipated release of Apple TV.

Crude oil is currently $61.45 per barrel.

Wholesale gasoline is $1.78 per gallon.

Natural gas is $7.68 per unit.

Gold down just a bit to $686.00 per ounce.

Budd Foxx

Monday, February 26, 2007

NVEC

NVE Corp. is acting very well today so keep it on the radar this afternoon as it could be momentum.

JAKK

Jakks Pacific, Inc. is acting very well today so keep it on the radar this afternoon.

MSTR

Microstrategy, Inc. has broken out and made a new 52 week high so keep it on the radar this afternoon as it could be momentum.

TSL

Trina Solar, Ltd. is acting very well today so keep it on the trading radar.

Top Performers

TIN / TXU /DOW / RRI / NRG

EXC / CHB / JAKK / STTS

FSLR

First Solar, Inc. has broken out this morning so keep it on the trading radar.

GRMN

Garmin, Ltd. has a good tone in early trading so keep it on the radar.

FE

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

5 Undiscovered Growth Stocks

For all of the talk over why you should never overpay for a stock, the plain truth is that most of the 10 best stocks of the past decade were expensive in 1997. That's why I think you should always supplement a portfolio of cheap tortoises with some high-octane hares.

And now may be a great time to go shopping. Evidence says a growth-stock rally is under way right now.

Five Undiscovered Growth Stocks


YHOO

Yahoo! Inc. is acting well in early trading so keep it on the radar.

RIMM

Research in Motion, Ltd was upgraded this morning with a new price target of $180 per share by RBC Capital so keep it on the radar.

Stocks Trading Up In Pre-Market

AAPL, IMCL, RIMM, GOOG, YHOO, SOLF, ISLE, CRDN, CNLG, ITRI, UEIC, GOLD, CELL, CROX, CRXL, AMLN, BLUD, PAAS, GVHR, LRCX, GROW, XMSR, and COR

Budd Foxx

Upgrades and Downgrades

Upgraded this morning include:

KO, CELL, RHT, MRK, AVR, CMVT, LINC, BDN, CTV, RIMM, STJ, NSM, JCP, and ISIL

Downgraded this morning include:

EXFO, HYSL, EXM, MHP, MCO, CY, INSU, DVAX, NYT, TXU, CYBI, CAM, GT, UIL, UTHR, CPTS, CC, MDG, STN, and SYK

Budd Foxx

Morning News

Futures are up pointing to a higher open this morning.

European markets are trading to the upside so far today.

In Tokyo the Nikkei 225 did end with another up day.

Dow Chemical reportedly will recieve takeover bid valued as much as $54 billion by private equity bidders.

TXU Corp. board has agreed to buyout for $44 billion.

CitiGroup Inc. reportedly will increase its stake in Nikko Cordial a Japanese brokerage business.

DaimlerChrysler reports are out is considering a swap of its Chrysler unit for a stake in General motors.

After last weeks mess JetBlue has been forced to cancel 68 flights so far due to snow in the northeast.

The Lundberg Survey shows a 13 cent rise in what we pay for a gallon of gasoline over the past two weeks.The national average is $2.34 a gallon.

Crude oil is currently $61.44 per barrel.

Wholesale gasoline is $1.76 per gallon.

Natural gas is $7.83 per unit.

Gold is up to $688.00 per ounce.

Budd Foxx

Sunday, February 25, 2007

Some Charts of Interest

Here are some charts of interest from Highchartpatterns.com

Charts of Interest

Saturday, February 24, 2007

Earnings for Monday

Here are some companies reporting earnings:

Earnings for Monday

7 Stocks you need to know for Monday

Abraxis BioScience (ABBI | charts | news | PowerRating) announces quarterly earnings on Monday before the bell, with analysts looking for $0.15 EPS.

Cablevision (CVC | charts | news | PowerRating) is expected to report -$0.02 EPS when the company reports earnings Monday morning.

Analysts are watching for Entercom Communications (ETM | charts | news | PowerRating) to announce $0.34 EPS on Monday before the market opens.

When Ceradyne (CRDN | charts | news | PowerRating) reports earnings on Monday before the bell, look for $1.19 EPS.

Marvel Entertainment (MVL | charts | news | PowerRating) is looking to announce $0.10 EPS early Monday.

XM Satellite Radio (XMSR | charts | news | PowerRating) should report -$0.72 EPS on Monday before the market opens.

Nordstrom (JWN | charts | news | PowerRating) reports after the close Monday, so watch for heightened price action and volatility ahead of the bell.

Friday, February 23, 2007

WFR

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

ICE

Intercontinental Exchange, Inc. just made a new intra-day high so keep it on the radar.

RTI

RTI International Metals, Inc. is acting very well today so keep it on the radar.

GRMN

Garmin, Ltd. has a good tone in early trading so keep it on the radar. This stock breaks out over $59.30 per share.

Top Performers

LOW / HRB / CNLG / VRGY / USEG

AUY

Yamana Gold, Inc. has broken out and made a new 52 week high so keep it on the radar.

CROX

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

PAAS

Pan American Silver Corp. is acting well in early trading so keep it on the radar.

ATI

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

GT CHART

This stock has a good looking chart so keep it on the radar for a possible swing trade. MACD looks bullish.

Stocks Trading Up In Pre-Market

QCOM, VRGY, CHTR, NICH, EVST, KLAC, BOOM, CHRT, GOOG, BSM, UCTT, EPIX, GOLD, PEIX, BLDP, NSTR, WPPGY, GROW, and KRSL

Budd Foxx

HHGP CHART


This stock breaks out over $18.15 per share.

Watch for Breakout

ABT Over $54

IWOV Over $16.50

TER Over $16.50

MXIM Over $34

WSSI Over $15

Upgrades and Downgrades

Upgraded this morning include:

PGI, TCB, NEW, KND, FII, BPT, UCTT, QADI, ISE, COR, R, ETN, THOR, APD, EXC, BFS, RBA, WDC, DCI, XRTX, ASPM, CMVT, SRE, CTSH, HCR, PHRM, EDO, PAAS, and TRX

Downgraded this morning include:

BIO, MPWR, LLL, MOVE, AT, KSWS, TKLC, CSGP, RLI, TK, NIHD, MCCC, WMB, NEM, CRK, and DE

Budd Foxx

Morning News

Futures are pointing to a lower open this morning.

European markets are trading flat to slightly lower so far today.

In Tokyo the Nikkei 225 did see another up day.

H&R Block reports third quarter loss.

Microsoft slapped with $1.5 billion in damages regarding patent infringment held by Alcatel-Lucent.

Reports are out that Arcelor Mittal will spend $2.2 billion to develope iron ore mining in Senegal.

FCC looking into proposed 7 year deal between Direct Tv and Major League Baseball.

NYMEX Holdings plans a stock offering valued at over $1 billion.

Salmonella outbreak reaches 41 states. ConAgra foods Sylvester Georgia plant is believed to be the spot of origin.

Crude oil is up to $61.21 per barrel.

Wholesale gasoline is now $1.75 per gallon.

Natural gas is $7.63 per unit.

Gold just above $680.00 per ounce.

Budd Foxx

Thursday, February 22, 2007

7 Stocks you need to know for Friday

Chesapeake Energy (CHK | charts | news | PowerRating) beat earnings Thursday after the close, with $0.90 EPS over an expected $0.76 EPS.

Cabela's (CAB | charts | news | PowerRating) beat earnings on Thursday after the bell, announcing $0.80 EPS over a consensus of $0.77 EPS.

Clear Channel Communications (CCU | charts | news | PowerRating) announces earnings on Friday before the open, with analysts watching for $0.41 EPS.

Lowe's (LOW | charts | news | PowerRating) is expected to announce $0.37 EPS on Friday before the bell.

Mediacom Communications (MCCC | charts | news | PowerRating) announces quarterly earnings Friday morning; look for -$0.07 EPS.

Analysts are looking for Nicor (GAS | charts | news | PowerRating) to announce $0.98 EPS on Friday morning.

When Weingarten Realty (WRI | charts | news | PowerRating) reports quarterly earnings tomorrow morning, watch for $0.72 EPS.

CCJ

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

Top Performers

FBR / GMR / ADI / NSM / FAF

OATS / GOOG / WFMI

NEM

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

GS

Goldman Sachs breaks out at $222 per share so keep it on the radar.

AAPL

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

SY CHART


This stock breaks out over $26.40 so keep it on the radar.

Pre-Market Gappers

Gapping Up:

OATS +17.3%, BRKR +11.9%, GMR +10.3%, VCLK +9.9%, WFMI +7.4%, CPSL +6.8%, ADI +6.5%, MXIM +4.5%, LLTC +4.2%, BRNC +4.2%, NSM +4.0%, BLDP +2.9% AAPL, GOOG

Gapping Down:

KSWS -14.2%, CRM -5.1%, ANF -3.4%, SNDK -1.8%.

Watch for Breakout

CLG Over $7.60

PCU Over $70

FDX Over $120

IWOV Over $16.50

TSRA Over $43.25

MR Over $27.25

USU Over $15

Upgrades and Downgrades

Upgrades:

WFMI, STXS, LEXG, STX, ADI, FBP, QMED, ED and GG

Downgrades:

SNDK, RAH, WAT, VCLK, IVGN, PGTI and FLDR

7 Stocks you need to know for today

Salesforce.com [NYSE:CRM] beat earnings Wednesday after the bell, with $0.10 EPS over a consensus of $0.07 EPS. CRM's PowerRating is 7.

Abercrombie [NYSE:ANF] matched earnings expectations Wednesday after the market closed, announcing $2.14 EPS. ANF's PowerRating is 6.

Whole Foods [Nasdaq:WFMI] missed earnings on Wednesday afternoon barely missing with $0.38 EPS versus an expected $0.40 EPS. WFMI signed an agreement to acquire Wild Oats Markets [Nasdaq:OATS] after hours on Wednesday. WFMI's PowerRating is 5.

Ballard Power [Nasdaq:BLDP] is expected to report -$0.15 EPS on Thursday before the market opens. BLDP's PowerRating is 3.

JC Penney [NYSE:JCP] announces quarterly earnings on Thursday morning; watch for $1.97 EPS. JCP's PowerRating is 5.

Analysts are looking for Sempra Energy [NYSE:SRE] to report $1.13 EPS on Thursday before the market opens. SRE's PowerRating is 6.

When Newmont Mining [NYSE:NEM] reports quarterly earnings on Thursday morning, look for $0.38 EPS. NEM's PowerRating is 4.

Morning News

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

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

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

  • European markets are trading to the upside here today.

  • In Tokyo the Nikkei 225 ended the day up to reach levels it has not seen in 6 years.

  • Whole Foods Market Inc. has agreed to buy Wild Oats Market for $565 million.

  • Apple Computer and Cisco Systems have settled iPhone trademark dispute.

  • Toll Brothers first quarter net income down nearly 67% from the same time period one year ago.

  • Nintendo's Wii leads the way for gaming consoles in the month of Jan. selling 436,000 units.

  • American Airlines to expand coverage in and out of New York.

  • Crude oil is sitting just under $60.00 per barrel.

  • Wholesale gasoline is up to $1.70 per gallon.

  • Natural gas is $7.60 per unit.

  • Gold is $681.00 per ounce.

Budd Foxx

Wednesday, February 21, 2007

VMC

Vulcan Materials Company is acting very well today and could be momentum if the stock is pushing the high of the day near the close.

TEX

Terex Corp. is acting very well today so keep it on the radar this afternoon as it could be momentum.

RIMM

Research in Motion, Ltd. is perking up a bit here so keep it on the radar.

NMX

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

Top Performers

CHE / CRI / ZZ / JBX /MHS / TWB / ABN

ORB / WMG / CPC / JUPM / PXLW / CYTR

AMSG / TASR / TXRH / NICE / AG / DE

HYSL

Hyperion Solutions, Corp. has broken out and made a new 52 week high so keep it on the radar.

ATI

Allegheny Tech, Inc. is starting to perk up a bit here so keep it on the trading radar.

HMIN CHART


This stock breaks out over $50 per share so keep it on your watchlist.

JOYG

Joy Global, Inc. this stock breaks out over $50.80 per share so keep it on the radar.

CROX

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

AAPL

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

ICE

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

FORG

Forgent Networks, Inc. this stock breaks out over $1.60 per share so keep it on the radar.

Pre-Market Gappers

Gapping Up:

JUPM +29.7%, TXRH +7.7%, CYTR +5.3%, FCEL +4.9%, QCC +4.0%, TASR +4.0%, HL +3.7%, CROX +2.3%, JADE +2.5%...

Gapping Down:

PCYC -38.5%, NFI -34.6%, HNAB -24.7%, ONSM -12.3%, STEC -9.4%, NEW -8.0%, PWAV -7.0%, EP -4.9%, MDT -4.6%, AAUK -3.2%, KRSL -2.7%, DCX -2.0%.

Watch for Breakout

AMKR Over $12.10

FDRY Over $16

GWW Over $80

KIM Over $53.30

NTY Over $55

SY Over $26.50

VTR Over $48

7 Stocks you need to know for today

Hewlett-Packard (HPQ | charts | news | PowerRating) beat earnings Tuesday after the bell, with $0.65 EPS over a consensus of $0.62 EPS.

Chemed (CHE | charts | news | PowerRating) beat earnings Tuesday after the market closed, announcing $0.73 EPS over an expected $0.57 EPS.

Euronet (EEFT | charts | news | PowerRating) reports earnings on Wednesday before the bell, with analysts looking for $0.29 EPS.

Jack In The Box (JBX | charts | news | PowerRating) is expected to report $0.81 EPS on Wednesday before the market opens.

Medco Health Solutions (MHS | charts | news | PowerRating) announces quarterly earnings on Wednesday morning; watch for $0.79 EPS.

Analysts are looking for Arcelor Mittal (MT | charts | news | PowerRating) to report $1.38 EPS on Wednesday before the market opens.

When TJX Companies (TJX | charts | news | PowerRating) reports quarterly earnings on Wednesday morning, look for $0.51 EPS.

Upgrades and Downgrades

Upgraded this morning include:

MCHX, EDS, WFC, MAT, ACAS, WMG, FOSL, PGN, TXRH, and MTN

Downgraded this morning include:

IN, SAF, NFI, QCOM, KSU, CSX, HAS, MOT, SMG, GMXR, ACOR, AINV, ACAS, RNT, CAE, SHPGY, and SLM

Budd Foxx

Morning News

Futures are pointing to a lower open this morning.

Consumer Price Index will be released at 8:30 this morning.

January Leading Indicators will be out at 10:00 this morning.

Minutes from the last FOMC meeting will be released this afternoon.

European markets are trading flat to just slightly lower.

In Tokyo the Nikkei 225 did end just a touch lower.

Hewlett-Packard reports a rise of 26% in quarterly profit on strong personal computer, and printer sales.

Anglo America reports a 3 billion dollar buyback program after the company reported a 76% rise in 06' net profit.

JetBlue Airways plans customer bill of rights after week of delays, cancelled flights, and lost belongings.

British Airways to purchase four Boeing 777.

Tony Blair expected to announce a plan to withdraw up to half of its countries troops from Iraq.

Crude oil is lower again today to $58.42 per barrel.

Wholesale gasoline is $1.64 per gallon.

Natural gas is $7.60 per unit.

Gold pulled back yesterday to $662.00 per ounce.

Budd Foxx

Tuesday, February 20, 2007

VPHM CHART

This stock breaks out over $18.50 per share so keep it on your watch list.

NMX

Nymex Holdings, Inc. continues to act well so keep it on your watchlist.

RIMM

Research in Motion, Ltd. is acting well so keep it on the radar this afternoon.

ONXX

Onyx Pharmaceuticals, Inc. is starting to perk up a bit here so keep it on the radar.

FORG CHART


This stock breaks out over $1.60 per share so keep it on the radar.

Top Performers

FRK / BYD / WMG / NRPH / CELL / NYNY / GIGM

ICE

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

JOYG

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

ZMH

Zimmer Holdings, Inc. has broken out and made a new 52 week high so keep it on the radar.

GRMN

Garmin, Ltd. has a decent tone 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.

EFUT CHART


This stock has a nice flat base so keep it on the radar for a possible break out in the near future.

Watch for Breakout

AIG Over $70

LIFC Over $24.25

SIRF Over $32

RIMM Over $140

PNRA Over $60.25

PLXT Over $10.50

WGO Over $35

Stocks Trading Up In Pre-Market

SIRI, XMSR, EGHT, INSM, CELL, ERTS, FRG, SHPGY, GOOG, NRPH, NYNY, FRPT, BMRN, ONXX, PEIX, and KRSL

Budd Foxx

Upgrades and Downgrades

Upgraded this morning include:

SNDK, CELL, PPCO, GRC, TIN, LEA, MOS, CBK, SUN, and EGHT

Downgraded this morning include:

LRCX, VSEA, FRT, KNDL, TRXI, PT, UHS, XCO, TDSC, SNDK, IRBT, and QLTI

Budd Foxx

Morning News

Futures are pointing to a lower open this morning.

In Europe markets are trading to the downside so far today.

In Tokyo the Nikkei 225 did end the day just a tick lower.

Sirius Satellite Radio and Xm Satellite Radio have agreed to a merger. XM shareholders would recieve 4.6 shares of Sirius if the companies can get the deal past the FCC, and the U.S. Dept. of Justice antitrust division. If that happens Mel Karmazin would remain in charge of the company.

Vulcan Materials to buy Florida Rock in a cash and stock deal.

Shire Plc. has agreed to buy New River Pharmaceuticals Inc. for $2.6 billion.

AB Volvo has made a bid to take over Nissan Diesel.

Home Depot Earnings seem to have come in a little light of street expectations.

JetBlue Airways stranding customers on airplanes for up to 8 hours, losing belongings of its passengers, and canceling over 1,100 flights over a six day period.

Crude oil is pulling back this morning current price is $58.29 per barrel.

Natural gas is $7.47 per unit.

Gold down just a bit to $670.00 per ounce.

Budd Foxx

Saturday, February 17, 2007

7 Stocks you need to know for Tuesday

Alltel (AT | charts | news | PowerRating) reports earnings Tuesday morning before the market opens; watch for $0.58 EPS.

When Elan (ELN | charts | news | PowerRating) announces earnings on Tuesday morning, watch for -$0.22 EPS.

FirstEnergy (FE | charts | news | PowerRating) is looking to announce $0.85 EPS when the company reports earnings on Tuesday morning.

When Home Depot (HD | charts | news | PowerRating) reports quarterly earnings on Tuesday before the market opens, look for $0.51 EPS.

Wal-Mart (WMT | charts | news | PowerRating) is expected to announce $0.90 EPS on Tuesday morning.

Both Hewlett-Packard (HPQ | charts | news | PowerRating) and Medtronic (MDT | charts | news | PowerRating) report earnings Tuesday after the close, so watch for heightened price action and volatility ahead of the bell.


Friday, February 16, 2007

NYX

NYSE Group, Inc. looks like shorts might be covering on this security so keep it on the radar this afternoon.

ACOR

Acorda Therapeutics, Inc. has broken out and made a new 52 week high today so keep it on the radar. This stock will report earnings on Tuesday.

PCR

Perini Corp. is acting very well today so keep it on the radar this afternoon as it could be momentum.

DCX

Daimlerchrysler Ag is acting very well this afternoon so keep it on the radar.

MAMA

Mamma.com, Inc. is perking up a bit here so keep it on the radar this afternoon.

CROX

Crocs, Inc. has a decent tone to it today so keep it on the radar this afternoon.

POT

Potash Corp. is acting well today so keep it on the radar this afternoon.

QCOM

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

RIMM

Research in Motion, Ltd is perking up a bit here so keep it on the radar.

XMSR

XM Satellite Radio Holdings, Inc. is in a bullish power trend in early trading so keep it on the radar.

Top Performers

HITT / PCR / FBP / MHK / CPB / MOS

FICC
/ BSQR / BWLD / ONXX

NMX

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

STMP

Stamps.com, Inc. is trading up on good earnings so keep it on the radar.

GOOG

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

Stocks Trading Up In Pre-Market

STMP, BSQR, UAUA, GOOG, BWLD, CBSS, HURC, CMG, ISV, HITT, ONXX, QGEN, LMRA, CYTR, and FICC

Budd Foxx

7 Stocks you need to know for today

Allied Waste (AW | charts | news | PowerRating) beat earnings on Thursday after the close, announcing $0.17 EPS over an expected $0.14 EPS.

Psychiatric Solutions (PSYS | charts | news | PowerRating) beat earnings Thursday after the close, with $0.33 EPS over a consensus of $0.30 EPS.

Campbell Soup (CPB | charts | news | PowerRating) reports quarterly earnings on Friday before the market opens, with analysts looking for $0.63 EPS.

Goodyear Tire (GT | charts | news | PowerRating) is looking to announce $0.36 EPS Friday morning.

Analysts are watching for Hormel Foods (HRL | charts | news | PowerRating) to report $0.55 EPS tomorrow when the company announces quarterly earnings.

J.M. Smucker (SJM | charts | news | PowerRating) announces earnings on Friday morning before the bell; watch for $0.69 EPS.

When Visteon (VC | charts | news | PowerRating) announces earnings tomorrow morning, watch for -$0.81 EPS.

Upgrades and Downgrades

Upgraded this morning include:

BFAM, RARE, RLH, SGXP, STRA, CHA, CS, SPC, AVP,SSCC, IP, PKG, KO, PEP, CL, LTXX, and STMP

Downgraded this morning include:

AQNT, STZ,MRH, CECO, NCI, SMBI, EXPE, AT, IDA, APPB, PYX, DENN, and ALXN

Budd Foxx

Morning News

Futures are pointing to a lower open this morning.

Producer price index for January will be released before the open this morning.

Housing starts for the month of January will also be released before the open today.

Building permits for the month of January will also be released.

University of Michigan's consumer sentiment for the month of February will be releaed today.

European markets are trading to the downside today.

In Tokyo the Nikkei 225 did end just slightly lower.

Microsoft Corp. might feel some pressure after CEO statements. Steve Ballmer believes analyst expectations for the new operating system Vista are to high. He also believes estimates for operating expenses are to low.

Reports are out that American Airlines could be the target of investors for a possible buyout.

Cisco Systems extends deadline for Apple Computer by a week to respond to a trademark infringement lawsuit.

It is being reported that charges against former executives from Broadcom, Apple, and KLA Tencor could be looming relating to the backdating of stock options.

The Hershey Company plans to move a large portion of its production to Mexico. The company will close plants and cut jobs.

Crude oil is just under $58.00 per barrel.

Wholesale gasoline is $1.58 per gallon.

Natural gas is $7.32 per unit.

Gold sitting just under $670.00 per ounce.

Budd Foxx

Thursday, February 15, 2007

SHLD

Sears Holding, Inc. is acting well this afternoon so keep it on the radar going into the close as it could be momentum.

DE

Deere & Company continues to act well after posting good earnings yesterday so keep it on the radar.

STLD

Steel Dynamics, Inc. has broken out and made a new 52 high so keep it on the radar.

VCLK

Valueclick, Inc. this stock breaks out over $27.30 per share so keep it on the radar.

ICE

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

ATI

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

Top Performers

FCN / GES / TEX / AWI / LH

NTRI / TALX / LMRA / SSYS

TEX

Terex Corp. is trading up on earnings so keep it on the radar.

NMX

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

NTRI

Nutisystem, Inc. is trading up on good earnings so keep it on the radar.

CAT

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

Stocks Trading Up In Pre-Market

ARBA, ZONS, NTRI, QCOM, AQNT, AVCI, BRCM, JBLU, FSLR, LMRA, AMGN, EXPE, BSM, BIOM, RMBS, NSTC, FTGX, TSCM, and TALX

Budd Foxx

Watch for Breakout

AMKR Over $12

CHKP Over $25

FDRY Over $15.75

KEY Over $39.50

KLIC Over $10

TRT Over $16

UBB Over $100

7 Stocks you need to know for today

Applebee's (APPB | charts | news | PowerRating) beat earnings on Wednesday afternoon, announcing $0.27 EPS over an expected $0.23 EPS.

Guess (GES | charts | news | PowerRating) beat earnings expectations on Wednesday after the close, with $0.99 EPS over a consensus of $0.93 EPS.

Agilent (A | charts | news | PowerRating) reports quarterly earnings on Thursday before the bell, with analysts looking for $0.34 EPS.

Advance Auto Parts (AAP | charts | news | PowerRating) announces earnings Thursday before the market opens; watch for $0.33 EPS.

Foundation Coal Holdings (FCL | charts | news | PowerRating) is expected to announce $0.23 EPS on Thursday morning.

When Molson Coors Brewing (TAP | charts | news | PowerRating) reports earnings on Thursday morning, watch for $0.94 EPS.

Analysts are looking for Trina Solar (TSL | charts | news | PowerRating) to report $0.16 EPS on Thursday morning.

Upgrades and Downgrades

Upgraded this morning include:

NMX, TCBI, ZION, NTAP, ODP, ARII, NFS, AEOS, JBLU, ENN, and CRL

Downgraded this morning include:

BIDU, RIG, AMR, RNWK, CSX, RARE, ENN, SGP, WCG, DADE, ROIA, and STAK

Budd Foxx

Morning News

Futures are pointing to a slightly lower open this morning.

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

January import and export prices will also be released at 8:30 this morning.

January industrial production numbers will be released at 9:15 this morning.

Philadelphia fed survey will be released at lunch time today.

Energy Dept. set to release natural gas inventories this morning.

In Europe markets are pretty flat just slightly lower today.

In Tokyo the Nikkei 225 did see another up day.

Ben Bernanke set for second day of testimony.

New one dollar coin featuring George Washington set to go into circulation.

Warren Buffett's Berkshire Hathaway loading up in U.S. Bancorp.

Toyota Motor Corp. saw a boost in vehicle sales in Europe for the month of January.

Baidu.com reports very strong quarter. First quarter estimates fall short of expectations.

Reports are out that JetBlue had customers sitting on runways for up to 10 hours waiting for break in the storm that hammered the northeast yesterday.

Crude oil is $58.42 per barrel.

Wholesale gasoline is $1.62 per gallon.

Natural gas is $7.28 per unit.

Gold up just a bit to $674.00 per ounce.

Wednesday, February 14, 2007

Stocks in Play

GOOG / YHOO / JOYG / BNI / DEO

Oil Inventories

Energy Dept. just released the weekly oil inventories.

Crude oil sa a decline of 600,000 barrels.

Gasoline saw a drop of 2 million barrels.

Distillates declined by 3 million barrels.

Budd Foxx

CROX

Crocs, Inc. is perking up a bit here so keep it on the trading radar.

Top Performers

DE / ACS / TSL / LMS / MT / TIE / NMX

CORI / FSLR / GRMN / PFCB / LVS

IVGN / MVSN / GS / RIMM / WYNN

ICE

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

FORG CHART


This stock is sitting right around the 50 dma. This stock has some support around the $1.20 range.

WFR

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

MAMA

Mamma.com, Inc. is starting to perk up a bit here so keep it on the radar.

GRMN

Garmin, Ltd. is trading up on good earnings so keep it on the radar.

TIE

Titanium Metals, Corp. is trading up on good earnings this morning so keep it on the radar.

Watch for Breakout

MCD Over $45

CHKP Over $25

QSFT Over $16

DEO Over $80.25

SKYF Over $29

AMG Over $115

BOBE Over $35

CAT

Caterpillar, Inc. with Deere reporting good earnings it should bring this stock up with it today so keep it on the radar.

Deere profit rises on farm, forest sales

CHICAGO (Reuters) - Deere & Co. (NYSE:DE - News), the world's largest maker of agricultural and building equipment, reported better-then-expected quarterly profit on Wednesday as strong sales to farmers and foresters more than offset a decline in sales to builders.

Stocks Trading Up In Pre-Market

GRMN, NVDA, AMAT, CIEN, MICC, FSLR, VSEA, KNOT, NTRI, SIRF, PFCB, HTI, NVTL, AEY, IVGN, ARBA, JASO, AAUK, BRCM, PPHM, TASR, ONXX, ALDN, DE and MAMA

Budd Foxx

7 Stocks you need to know for today

Volcano (VOLC | charts | news | PowerRating) beat earnings on Tuesday after the bell, announcing $0.04 EPS over an expected -$0.02 EPS.

Applied Materials (AMAT | charts | news | PowerRating) matched earnings Tuesday afternoon with $0.27 EPS.

Accredited Home Lenders (LEND | charts | news | PowerRating) announces earnings on Wednesday before the open, with analysts looking for -$0.45 EPS.

Coca-Cola (KO | charts | news | PowerRating) is expected to report $0.50 EPS on Wednesday before the open.

When DaimlerChrysler (DCX | charts | news | PowerRating) announces quarterly earnings Wednesday morning, look for $0.85 EPS.

Analysts are expecting Daktronics (DAKT | charts | news | PowerRating) to report $0.17 EPS Wednesday before the market opens.

Watch for Deere (DE | charts | news | PowerRating) to report $0.81 EPS tomorrow morning.

Upgrades and Downgrades

Upgraded this morning include:

MIPS, APPB, CCI, GGP, AMAT, KBH, HIH, NDAQ, and FDX

Downgraded this morning include:

EFD, HST, EMT, CHH, BWLD, TLCV, and NDAQ

Budd Foxx

Morning News

Futures are pretty flat this morning. At this point looks like we could see a slightly higher open.

European markets are trading slightly higher today.

In Tokyo the Nikkei 225 did see another up day.

January retail sales numbers will be out today.

December business inventories will also be released this morning.

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

Ben Bernanke set to begin two days of testimony today.

Reports are out that National, Dollar, Alamo, and Thrifty car rentals are talking merger.

DaimlerChrysler reportedly set to announce major changes in the company. Expectations look for the company to cut roughly 10,000 jobs.

International Business Machines reportedly has developed a new way to use memory technology.

Coca Cola Company will release earnings today.

Major snow storm taking hold of the northeast today. Travel delays are expected for the next couple of days.

Crude oil is $58.68 per barrel.

Wholesale gasoline is $1.59 per gallon.

Natural gas is $7.42 per unit.

Gold is now $673.00 per ounce.

Budd Foxx

Tuesday, February 13, 2007

PCLN

Priceline.com, Inc. could be momentum if the stock is pushing the high of the day near the close so keep it on the radar.

DEO

Diangeo Plc this stock breaks out over $80.25 per share so keep it on the radar this week.

DEO CHART

CHKP

Check Point Software Tech breaks out over $25 per share so keep it on the radar.

ZOLT

Zoltek Companies, Inc. is acting well so keep it on the radar this afternoon as it could be momentum.

BNI

Burlington Northern Santa Fe has a good tone to it today so keep it on the radar.

MAMA

Mamma.com, Inc. is perking up a bit here so keep it on the radar.

Top Performers

AA/ CEN / MOS / AL / SNDA / HIMX / PCLN

TZOO

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

ILMN

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

ICE

Intercontinental Exchange, Inc. is in a bullish power trend in early trading so keep it on your watchlist.

ATI

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

CROX

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

Stocks Trading up In Pre-Market

PCLN, ECGI, AAPL, SNDA, CPSL, CENX, APPB, TEVA, LVLT, NVDA, CYNO, GOOG, BIDU, RMBS, CROX, BRLC, MICC, ALKS, and GROW

Budd Foxx

7 Stocks you need to know for today

Priceline.com (PCLN | charts | news | PowerRating) beat earnings on Monday after the close, with $0.58 EPS over an expected $0.40 EPS.

Anadigics (ANAD | charts | news | PowerRating) beat earnings Monday afternoon, announcing $0.06 EPS over an expected $0.00 EPS.

Advanced Medical Optics (EYE | charts | news | PowerRating) reports quarterly earnings Tuesday morning, with analysts looking for -$0.05 EPS.

Ceridian (CEN | charts | news | PowerRating) is expected to report $0.33 EPS on Tuesday before the bell.

Expeditors International (EXPD | charts | news | PowerRating) announces earnings on Tuesday before the market opens; watch for $0.31 EPS.

When KB Home (KBH | charts | news | PowerRating) reports quarterly earnings on Tuesday morning, look for $1.86 EPS.

Analysts are watching for NASDAQ (NDAQ | charts | news | PowerRating) to report $0.24 EPS tomorrow morning before the market opens.

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