Tuesday, July 31, 2007
7 Stocks you need to know for Wednesday
Chipotle Mexican Grill, Inc. (CMG | charts | news | PowerRating) beat earnings estimates after Tuesday's close. The company reported $0.60 EPS versus estimates of $0.44 EPS.
Whole Foods Markets Inc. (WFMI | charts | news | PowerRating) reported $0.35 EPS versus estimates of $0.33 EPS after the close on Tuesday.
Arcelor Mittal (MT | charts | news | PowerRating) is expected to announce $1.82 EPS on Wednesday morning.
Cigna Corp. (CI | charts | news | PowerRating) is looking to report $0.88 EPS when the company announces earnings on Wednesday morning.
Mastercard Inc. (MA | charts | news | PowerRating) should report $1.32 EPS early Wednesday.
Time Warner (TWX | charts | news | PowerRating) is looking to have EPS of $0.20 on Wednesday before the market opens.
Teva Pharmaceutical Industries (TEVA | charts | news | PowerRating) should report $0.55 earnings per share early Wednesday.
Gapping up on strong earnings/guidance:
Pre-Market Gappers
OLED +88.0%, HW +22.8%, UA +17.8%, MALL +17.3%, SUNW 10.6%, WEN +9.5%, CBG +9.5%, DJ + 8.1%, RYAAY +7.6%, ONNN +6.7%, GM +6.7%, GPCB +6.2%, MR +5.9%, MOS +5.2%...
Gapping down:
DXPE -16.5%, IVAC -15.3%, HMA -10.2%, SUNH -9.4%, SIMO -9.1%, ALU -8.6%, MTG -7.6%, SOFO -6.7%
Watch for Breakout
AMLN Over $48
ANAD Over $15.70
BCON Over $1.90-2.00
ILMN Over $48
SIGM Over $32.85
ULBI Over $11.25
Upgrades and Downgrades
MRT, ABM, VSEA, CCJ, GYMB, SFL, EXC
PSO, CE, GCI, VZ, KNOL, FPL, MNC
Downgrades:
ETP, UL, DHT, IVAC, RSH, KYPH, IVGN
MTG, OPTM, NVTL, BLDR, FELE
Monday, July 30, 2007
7 Stocks you need to know for Tuesday
Sun Microsystems (SUNW | charts | news | PowerRating) beat earnings estimates after Monday's close. The company reported $0.09 EPS versus estimates of $0.05 EPS.
American Electric (AEP | charts | news | PowerRating) looks to report $0.58 EPS on Tuesday morning before the bell.
BE Aerospace (BEAV | charts | news | PowerRating) is expected to announce $0.36 EPS on Tuesday morning.
CBS Corp. (CBS | charts | news | PowerRating) is looking to report $0.51 EPS when the company announces earnings on Tuesday morning.
General Motors (GM | charts | news | PowerRating) should report $1.08 EPS early Tuesday.
Regal-Benoit (RBC | charts | news | PowerRating) is looking to have EPS of $1.04 on Tuesday before the market opens.
Under Armour (UA | charts | news | PowerRating) should report $0.03 earnings per share early Tuesday.
LEH
Gapping up:
Pre-Market Gappers
RCCC +38.3%, GPCB +16.8%, TMY +12.9%, VVUS +10.0%, CYTR +9.8%, IR +7.5%, HRT +6.3%, HOKU +4.3% AAPL, BIDU and CROX
Gapping down:
AHM -42.9%, VCLK -15.4%, RSH -3.8%, CSG -3.5%, ELN -3.3%.
Stocks to Watch
Stocks to Watch
Upgrades and Downgrades
CXR, PFG, CNSL, NVT, AYI, PFGC, KOF, NI
DHR, MGM, KNX, HK, IR, VECO, SOV, SEPR, MOT
ESLR, NSC, DRH, HT, BEE, SWX, OEH, EDE, MSA
Downgrades:
CHRT, PLCE, AHM, MEE, IR, BEBE
Saturday, July 28, 2007
July 29 - Video - Other Indications of a Top
http://www.leavittbrothers.com/. Last week the broker/dealers were covered, and this week we cover other indicators which hinted at a top being put in place.
Video - Other Indications of a Top
Friday, July 27, 2007
7 Stocks you need to know for Monday
Archer-Daniels Midland (ADM | charts | news | PowerRating) reports earnings on Monday before the bell; watch for $0.59 EPS.
Cameco (CCJ | charts | news | PowerRating) looks to report $0.42 EPS on Monday morning before the bell.
Humana (HUM | charts | news | PowerRating) is expected to announce $1.39 EPS on Monday morning.
Monster Worldwide (MNST | charts | news | PowerRating) is looking to report $0.34 EPS when the company announces earnings on Monday morning.
RadioShack (RSH | charts | news | PowerRating) should report $0.24 EPS early Monday.
CF Industries (CF | charts | news | PowerRating) and Titanium Metals (TIE | charts | news | PowerRating) both report after the bell on Monday. Watch for heightened price and volume.
CME
S&P futures vs fair value: -6.0. Nasdaq futures vs fair value: -2.0.
Pre-Market Gappers
DECK, CROX 16.41% KYPH +21%, SCMR +5%, CYMI +5.3%, PENN +0.3%
XING, SCMR, and TASR
Gapping down:
SEPR -13.8%, ALU -1.5%, SWIR -2.5%, INTC -1.3%.
Watch for Breakout
BOOM Over $41
IKAN Over $7.90
IDXX Over $98.60
RADN Over $11.15
Shorts:
JNJ Below $60.70
SUNW Below $4.90
XLB Below $39.25
Upgrades and Downgrades
ODFL, ALK, PENN, RNOW, VTIV, WOOF, RRI, WEN, NLY, ABG, COG, RTN, EGP, FITB, NYX, JWN, SPW, GPS, TUNE, and RVBD
Downgraded this morning include:
LNY, ZMH, BCE, FTO, RVBD, CNET, NCI, and MATR
Budd Foxx
Morning News
European markets are trading slightly higher today.
In Tokyo the Nikkei 225 did end lower.
Crude oil is $75.18 per barrel.
Wholesale gasoline is $2.08 per gallon.
Natural gas remains below $6.00 per unit.
Gold pulling back to $662.00 per ounce.
At 8:30 this morning second quarter gross domestic product will be released.
University of Michigan's pole on consumer sentiment for July will be released just after the open this morning.
Housing data, weak home builders results, and delay in loan deals all lead to over a 300 point loss on the Dow yesterday.
Medtronic to buy Kyphon Inc. for $3.9 billion.
Cadbury Schweppes to delay sale of its beverage unit due to potential problems with buyers securing funding.
Amgen Inc. reports better than expected quarter.
Ford Motor Company reports first quarterly profit since 2005.
Cisco Systems has approved an additional 5 billion in its stock purchase program.
Budd Foxx
Thursday, July 26, 2007
Crocs Raises 2007 Guidance
The company expects per share earnings between $1.89 and $1.93 on revenue between $810 million and $820 million.
Before a 2-for-1 stock split in June, the company previously forecast earnings of $2.90 to $2.95 per share on sales of $670 million to $680 million.
7 Stocks you need to know for Friday
Baker Hughes (BHI | charts | news | PowerRating) reports earnings on Friday before the bell; watch for $1.11 EPS.
Chevron (CVX | charts | news | PowerRating) hopes to report $2.28 EPS on Friday morning before the bell.
Clear Channel Communications (CCU | charts | news | PowerRating) is expected to announce $0.43 EPS on Friday before the market opens.
Constellation Energy (CEG | charts | news | PowerRating) is looking to report $0.74 EPS when the company announces earnings on Friday morning.
Fortune Brands (FO | charts | news | PowerRating) should report $1.44 EPS early Friday.
Analysts expect Ingersoll-Rand (IR | charts | news | PowerRating) to report $0.95 EPS Friday morning.
When Lubrizol (LZ | charts | news | PowerRating) announces quarterly earnings tomorrow morning, look for $1.13 EPS.
AAPL
S&P futures vs fair value: -18.5. Nasdaq futures vs fair value: -19.8.
CROX
Pre-Market Gappers
BIDU +18.0%, AFOP +10.5%, OMTR +7.8%, CMI +8.4%, AAPL +6.7%, WFR +4.8%, FORM +4.6%, SYMC +4.4%, CELG +2.6%, F +2.1%, SNE +2.3%, CROX +1.6%, QCOM +1.4%, KFT +0.9%, ICE +0.9%...
Gapping down:
WVCM -22.3%, AKAM -14.3%, CTIC -8.8%, MATR -8.5%, FFIV -5.7%, BDK -4.7%, FRZ -4.1%, MT -3.5%, SI -3.1%, HMY -2.8%, BHP -3.0%, DHI -2.8%, SPWR -2.8%, DCX -2.2%.
Watch for Breakout
BWLD Below $38.50 Short
FSLR Over $115 Long, Below 105.50 Short to fill the gap
CROX Over $49.70 Long
PRXL Over $43.55 Long
TSCM Continuation Long
ZIXI Over $2.20 Long
Upgrades and Downgrades
BIDU, MEOH, PFCB, R, ECA, OMTR, X, EXPE, PPP, CFR, RNT, STBC, and AMG
Downgraded this morning include:
CVTI, AKAM, LDSH, HES, FLIR, DADE, SUNH, GPCB, CVG, ATMI, FTEK, FADV, and SGMO
Budd Foxx
Morning News
European markets are trading lower today.
In Tokyo the Nikkei 225 did end lower.
Crude oil has spiked back up to $76.76 per barrel.
Wholesale gasoline is now $2.11 per gallon.
Natural gas remains just under $6.00 per unit.
Gold is currently $6.74 per ounce.
Weekly jobless claims will be out before the open this morning.
Durable goods orders for the month of June will be released at 8:30 this morning.
New home sales numbers for the month of June will be out at 10:00 this morning.
Energy Dept. will release natural gas inventories at 10:30 this morning.
Apple Inc. out with a very strong quarter on sales of Macintosh computers. The company also stating it expects to sell 1 million iPhones by the end of the fourth quarter.
Potash Corp. reporting highest second quarter results in company history.
Baidu.com reporting a very strong quarter. Shares up big in after hours trading last night.
Berkshire Hathaway has bought a small stake in Kraft Foods.
Budd Foxx
Wednesday, July 25, 2007
7 Stocks you need to know for Thursday
3M (MMM | charts | news | PowerRating) is expected to report $1.18 EPS before the bell rings on Thursday morning.
When Aetna (AET | charts | news | PowerRating) announces quarterly earnings on Thursday morning, watch for $0.80 EPS.
Beazer Homes (BZH | charts | news | PowerRating) should announce -$0.46 EPS before the market opens on Thursday morning.
Analysts will be watching for Exxon Mobil (XOM | charts | news | PowerRating) to report $1.94 EPS on Thursday.
Ford (F | charts | news | PowerRating) hopes to announce -$0.40 EPS tomorrow morning.
Wendy's (WEN | charts | news | PowerRating) and XM Satellite (XMSR | charts | news | PowerRating) both report on Thursday morning; WEN is looking for $0.33 EPS and XMSR expects -$0.44 EPS.
After Hours Movers
BIDU +38, WFR +4.24, SRZ +3.52, AGP +2.36, SYMC +1.89, OMTR +1.59, AFFX +1.49, PLXS +1.27, QCOM +1.25, BLUD +0.80, FORM +0.85...
Trading Down:
FFIV -4.85, AKAM -4.07, AEIS -1.64, RIMM -1.46, SNDK -1.00, AFL -0.68, FIC -0.68
Earnings for 7/25
AAPL, AKAM, ALXN, BIDU, BUD, COP, GLW etc.
Earnings
S&P futures vs fair value: +10.2. Nasdaq futures vs fair value: +17.5.
Pre-Market Gappers
Gapping up:
AMZN +23.2%, EGLE +15.4%, ALGN +14.1%, WZEN +11.1%, CKSW +10.2%, GGBM +9.6%, ILMN +9.3%, ALXN +8.7%, AEHR +8.4%, BOBJ +7.4%, RFMD +7.1%, EEE +6.7%, SNWL +6.4%, MVIS +5.1%, BA +3.1%...
Gapping down:
GPCB -29.8%, SPPI -16.7%, HOKU -15.8%, NTRI -12.8%, JOYG -11.9%, GLW -4.5%, STM -4.2%, PNRA -3.8%.
Upgrades and Downgrades
AMZN, HAIN, PSS, CFC, ALSK, SEAB, AVY, MANH, AGP, RYN, KMB, BER, STX, SYPR, BDN, and ANAD
Downgraded this morning include:
RDN, MTG, PMI, SPPI, SKX, IPAR, OSG, WTW, NTRI, CFC, GSK, CTC, CVGI, LRY, CSCD
Budd Foxx
Morning News
European markets are trading slightly lower today.
In Tokyo the Nikkei 225 did end lower.
Crude oil has backed off a bit to $73.32 per barrel.
Wholesale gasoline is $2.05 per gallon.
Natural gas really taking a hit current price is $5.87 per unit.
Gold is $677.00 per ounce.
Existing home sales for the month of June will be released just after the open this morning.
Energy Dept. will release weekly inventory levels at 10:30 this morning.
Fed Beige Book at 2:00 this afternoon.
Amazon.com earnings more than triple on strong sales for the quarter topping expectations.
Nintendo saw a leap in quarterly profit on strong gaming sales.
Toyota to test run new hybrid vehicle here in the U.S. which is believed to cut fuel cost by as much as 40%.
General Electric awarded 3 contracts in the Middle East worth about $1.8 billion.
Hugh Panero to step down at Sirius Satellite Radio in August.
Budd Foxx
Tuesday, July 24, 2007
7 Stocks you need to know for Wednesday
Amazon.com (AMZN | charts | news | PowerRating) beat earnings on Tuesday, reporting $0.19 EPS over an expected $0.16 EPS.
Boeing (BA | charts | news | PowerRating) should report $1.16 EPS on Wednesday before the market opens.
When Colgate-Palmolive (CL | charts | news | PowerRating) announces earnings early Wednesday morning, look for $0.83 EPS.
ConocoPhillips (COP | charts | news | PowerRating) is expected to announce $2.68 EPS on Wednesday morning before the market opens.
Analysts will be watching for Xerox (XRX | charts | news | PowerRating) to report $0.27 EPS tomorrow morning.
When New York Times (NYT | charts | news | PowerRating) reports earnings early tomorrow morning, be watching for $0.31 EPS.
Tribune (TRB | charts | news | PowerRating) should report $0.49 EPS tomorrow morning.
Amazon.com 2Q Profit More Than Triples
ENER
ILMN
Budd Foxx
BIDU
S&P futures vs fair value: -9.2. Nasdaq futures vs fair value: -12.8.
ENER
Short Interest on ENER
Pre-Market Gappers
MVIS +17.7%, OIIM +14.1%, NRMX +10.0%, FONR +9.0, AMSC +8.0%, UCTT +7.9%, OCNF +5.7%, DGX +4.4%...
Gapping down:
MICC -12.0%, CFC -8.8%, ATHR -6.4%, FIA -6.4%, WYE -5.5%, NFLX -5.4%, BZH -5.1%, TXN -3.6%, CRDN -3.4%.
Watch for Breakout
ACN Over $44.05
CL Over $69
FFHL Over $9
LIFC Over $32.70
SAPE Over $8.25
SKIL Over $9.40
Upgrades and Downgrades
RNOW, WB, LEE, XEL, APOL, PBY, CMLS
Downgrades:
WLT, PMTC, TKC, NFLX, LPNT, CHK, ASTE
DXCM, CNI, NVT, URI, ATHR, VMSI, PACR
GSF, KLAC, EW, NI, AXP
Morning News
European markets are trading lower today.
In Tokyo the Nikkei 225 did end higher.
Crude oil is $74.14 per barrel.
Wholesale gasoline is $2.08 per gallon.
Natural gas down to $6.04 per unit.
Gold sitting at $683.00 per ounce.
Texas Instruments second quarter profit drops.
PepsiCo Inc. reports a strong second quarter.
Nissan motor reports a 3.2% drop in quarterly profit.
FDA saying people should throw away any recalled products made by Castleberry Food.
Starbucks to raise prices on drinks by 9 cents.
Western England dealing with worst flooding in 60 years.
Budd Foxx
Monday, July 23, 2007
7 Stocks you need to know for Tuesday
American Express (AXP | charts | news | PowerRating) beat earnings expectations, announcing $0.88 EPS versus expectations of $0.86 EPS.
AT&T (T | charts | news | PowerRating) reports quarterly earnings on Tuesday before the market opens; look for $0.66 EPS.
Commerce Bancorp (CBH | charts | news | PowerRating) announces earnings early Tuesday, with analysts watching for $0.40 EPS.
When DuPont (DD | charts | news | PowerRating) reports earnings on Tuesday before the bell, look for $1.06 EPS.
Analysts are watching for Jetblue (JBLU | charts | news | PowerRating) to report $0.11 EPS tomorrow morning.
Lockheed Martin (LMT | charts | news | PowerRating) should report $1.53 EPS on Tuesday morning before the stock market opens.
Northrop Grumman (NOC | charts | news | PowerRating) is looking to announce $1.23 EPS on Tuesday morning.
NTRI
Budd Foxx
DRYS
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FOXH
Budd Foxx
IBM
Pre-Market Gappers
Gapping up:
OPSW +34.7%, TLAB +19.8%, ARRO +16.9%, TASR +11.7%, EFUT +11.4%, EVVV +11.0%, CALM +10.2%, FOXH +8.2%, GSF +7.4%, RIG +6.4%, AXL +4.8%, MRK +4.6%, NCST +4.5%, SGP +4.3%...
Gapping down :
GPCB -16.9%, NFLX -8.1%, SPPI -6.4%, FRPT -4.1%, BBI -1.9%.
Watch for Breakout
DSTI Over $7.50
HAL Over $37.15
FST Over $45.05
STLD Over $49
THI Over $32.70
VVUS Over $6
Upgrades and Downgrades
DCI, IMAX, COBZ, EMN, HBC, NVT, PGN, PNY, FPL,
BUD, AMGN, AFL, and PUK
Downgraded this morning include:
COP, SPPI, KWK, EOG, TAC, GAP, ASBC,and VMSI
Budd Foxx
Morning News
European markets are trading flat to slightly higher today.
In Tokyo the Nikkei 225 did end lower.
Crude oil is $75.31 per barrel.
Wholesale gasoline is $2.13 per gallon.
Natural gas down to $6.20 per unit.
Gold is currently $683.00 per ounce.
The dollar reached an all time low against the euro.
GlobalSantaFe Corp. and Transocean to merge which will form a $53 billion drilling company.
Barclays has lifted its bid for ABN Amro.
A few companies to report today include: Texas Instruments, American Express, and Merck.
Borders Group is stating they sold 1.2 million copies of latest Harry Potter book on the first day.
Wal Mart Stores to cut prices on 16,000 items which are mostly back to school items.
Merck just out with earnings looking like a better than expected quarter.
Budd Foxx
Sunday, July 22, 2007
July 22 - VIDEO - Broker/Dealers Calling a Top?
http://www.leavittbrothers.com/. In this video, the broker/dealers state their case a local top has been put in the market.
Video Broker/Dealers Calling a Top?
Friday, July 20, 2007
SEPR
Budd Foxx
CLX
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ICE
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BRCM
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AAPL
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SNDK
Budd Foxx
Stocks Trading Up In Pre-Market
Budd Foxx
ISRG
Budd Foxx
Upgrades and Downgrades
MDCO, ISRG, PFBC, NUE, FFCH, STX, SLG, and MAN
Downgraded this morning include:
SWY, WLSC, X, ALVR, PYX, HSY, DHR, PFGC, CLWR, ALEX, KR, SYY, BMI, WLSC, ITT, EXC, ADSK, CYBS, and PKG
Budd Foxx
Morning News
European markets are trading slightly lower to flat today.
In Tokyo the Nikkei 225 did end higher.
Crude oil is sitting just above $76.00 per barrel.
Wholesale gasoline is $2.20 per gallon.
Natural gas back above $6.70 per unit.
Gold is currently $6.76 per ounce.
The Dow managed to close yesterday above 14,000 for the first time.
Ben Bernanke warns subprime mortgage defaults could top $100 billion.
Google quarterly profit up 28% which was light of expectations. Wuarterly revenue saw a increase of 57%.
Microsoft lifts forward guidance after in line quarter.
General Motors sells 2.41 million vehicles from April through June leading all automakers.
Latest book in the Harry Potter series going on sale at midnight. Amazon has recieved pre-orders for 1.4 million books.
Caterpillar, Citigroup, and Wachovia leading the way on the earnings side today.
Budd Foxx
Watch for Breakout
CYCL Over $10.70
DVN Over $84
GRP Over $60
NG Over $16.20
PRXI Over $18.15
SGMS Over $38.15
Thursday, July 19, 2007
7 Stocks you need to know for Friday
Google (GOOG | charts | news | PowerRating) missed earnings on Thursday, announcing $3.56 EPS versus expectations of $3.59 EPS.
Boston Scientific (BSX | charts | news | PowerRating) reports earnings on Friday before the market opens; look for $0.19 EPS.
Caterpillar (CAT | charts | news | PowerRating) should report $1.48 EPS on Friday morning.
When Citigoup (C | charts | news | PowerRating) reports earnings on Friday morning, anaylsts will be watching for $1.13 EPS.
Schlumberger (SLB | charts | news | PowerRating) is expected to announce $0.96 EPS when the company reports earnings tomorrow.
Analysts are watching for Wachovia (WB | charts | news | PowerRating) to report $1.22 EPS on Friday before the market opens.
Whirlpool (WHR | charts | news | PowerRating) should report $1.83 EPS on Friday morning.
ASTI
S&P futures vs fair value: +6.4. Nasdaq futures vs fair value: +16.0.
Pre-Market Gappers
AAPL, IBM, BIDU, AVCI +24.1%, WLSC +19.9%, CBST +13.6%, CLWR +12.8%, BWTR +11.5%, CTXS +9.8%, JNPR +9.5%, SAP +5.8%, SWKS +5.5%, LOCM +4.1%, BOBJ +3.9%
Gapping down:
SMIT -25%, NVEC -8.9%, VMC -5.5%, PEIX -4.6%, M -3.1%, UNH -2.6%, LOGI -1.8%, SPWR -1.8%, EBAY -1.6%.
Watch for Breakout
ESEA Over $16.40
GSS Over $4.20
JDAS Over $20.30
MCD Over $53
SLR Over $3.95
TD Over $70.30
Upgrades and Downgrades
VE, CTXS, SAY, SRE, DSW, CTSH, RBC, JPM, ENCY, SWKS, STJ, PJC, JNPR, and PROS
Downgraded this morning include:
VLO, and SUN
Budd Foxx
Morning News
European markets are trading to the upside today.
In Tokyo the Nikkei 225 did end higher.
Crude oil is up to $75.50 per barrel.
Wholesale gasoline is $2.20 per gallon.
Natural gas back above $650 per unit.
Gold moved up to $674.00 per ounce.
Weekly jobless claims will be released before the open this morning.
Leading indicators for the month of June will be out at 10:00 this morning.
Philadelphia Fed Survey set for release at noon today.
This afternoon minutes from the latest fed meeting will be released.
Ben Bernanke will be in front of Congress for the second day.
International Business Machines profit up 12% in better than expected quarter.
UnitedHealth Group reports bettr than expected quarter with a rise in profit of 22%.
Microsoft, Google, and Bank of America will be watched closely today with earnings set for release.
Earthquake in Japan earlier this week causing problems for major engine parts supplier. Toyota, Suzuki, and Nissan all slowing or in some cases haulting production.
Budd Foxx
Stocks to Watch
Stocks to Watch
Wednesday, July 18, 2007
7 Stocks you need to know for Thursday
Bank of America (BAC | charts | news | PowerRating) reports quarterly earnings on Thursday before the market opens; look for $1.20 EPS.
Continental Air (CAL | charts | news | PowerRating) should report $1.79 EPS on Thursday morning before the bell.
When Dow Jones (DJ | charts | news | PowerRating) releases earnings on Thursday morning, look for $0.45 EPS.
Analysts are watching for International Game Technology (IGT | charts | news | PowerRating) to report $0.39 EPS on Thursday morning.
Motorola (MOT | charts | news | PowerRating) looks set to announce flat earnings ($0.00) tomorrow morning.
Nucor (NUE | charts | news | PowerRating) announces earnings on Thursday morning, with most analysts expecting $1.15 EPS.
Reliance Steel (RS | charts | news | PowerRating) is hoping to report $1.57 EPS on Thursday morning.
Oil Inventories
Crude oil saw a decline of 500,000 barrels.
Gasoline inventories declined 2.3 million barrels.
Distillates were down 200,000 barrels.
Budd Foxx