Friday, November 30, 2007

Stock Market Review

7 Stocks you need to know for Monday

When Isle of Capri (ISLE | charts | news | PowerRating) reports earnings on Monday before the market opens, watch for $-$0.04 EPS.

Phillips-Van Heusen (PVH | charts | news | PowerRating) should report $1.03 EPS on Monday morning.

Analysts are expecting Sharper Image (SHRP | charts | news | PowerRating) to announce -$1.44 EPS in quarterly results on Monday morning.

Cost Plus (CPWM | charts | news | PowerRating) reports earnings on Monday before the bell, with analysts looking for $0.77 EPS.

Big Lots (BIG | charts | news | PowerRating) fell 7% Friday after missing expectations, and cutting Q4 revenue forecasts.

Dell (DELL | charts | news | PowerRating) fell 14% today after missing estimates and a downgrade at Goldman Sachs.

J. Crew Group (JCG | charts | news | PowerRating) rallied 15% after beating earnings expectations.

ABK

Ambac Financial Group, Inc. is in a bullish power trend in early trading so keep it on the radar.

TSL

Trina Solar trading higher here this morning so keep this stock on that trading radar.

Budd Foxx

GNK

Genco Shipping & Trading acting well here in early trading so put this stock on that trading radar.

Budd Foxx

BIDU

Baidu.com has a very good tone to it here early so keep this stock on that trading radar.

Budd Foxx

STP

SunTech Power trading higher here in early trading so keep this stock on that watchlist.

Budd Foxx

GS

Goldman Sachs has a good tone to it in early trading so keep this stock on that watchlist.

Budd Foxx

FSLR

First Solar strong out of the gate this am. so put this stock on that watchlist.

Budd Foxx

DRYS

DryShips Inc. opening strong this morning so put this stock on that watchlist.

Budd Foxx

SIRI-XMSR Merger

CNBC just said Bear Stearns believes SIRI XM merger is imminent price target for XM would be 20.00 SIRI would be 4.50

Pre-Market Gappers

Gapping up:

SEAC +19.1%, WNR +10.2%, JCG +10.2%, STEM +9.4%, LGF +8.2%, CFC +7.5%, FRE +6.7%, OVTI +5.9%, ETFC +5.8%, AU +5.3%, CRXL +5.1%, AAUK +4.9%, LDK +4.7%, TSL +4.6%, FCEL +3.5%, VSEA +3.0%, VMW +2.9%, ANDE +2.8%, UBS +2.8%, PBY +2.4%, FSLR +2.4%, MLNM +2.1%, SPWR +2.1%, GOOG +1.9%, FFIV +1.8%, WM +1.7%, ABT +1.6%, FCX +1.4%, ZUMZ +1.3%, C +1.3%, TIF +1.2%, GS +1.2%, MER +1.0%

FFIV

F5 Networks, Inc. was upgraded this morning so keep it on the radar today.

LULU

Lululemon Ath target raised to $47 per share at RBC Capital Markets

Upgrades and Downgrades

Upgraded this morning include:

ABH, CALP, TMX, VLO, FFIV, GLUU and UNR

Downgraded this morning include:

IDEV, TU, UBS, CS, MOGN, DB, and MHK

Budd Foxx

Watch for Breakout

COST Over $68

CLDN
Over $8

CMO Over $12.15

EGOV
Over $8

FLS Over $95

GLUU
Continuation

XRM Over $6.20

Morning News

Futures are pointing to a higher open this morninmg.

European markets are trading higher so far today.

In Tokyo the Nikkei 225 did end higher.

Crude oil has pulled back to below $90.00 per barrel.

Wholesale gasoline is $2.23 per gallon.

Natural gas is sitting at $7.50 per unit.

Gold has slipped to $795 per ounce.

October personal income, and consumer spending will be released at 8:30 this morning.

October core inflation also due out at 8:30 this morning.

November Chicago PMI to be released at 9:45 this morning.

October construction spending set for release at 10:00 this morning.

Yesterday's action saw the Dow gain 22 points, the Nasdaq ended up 5 points, and the S&P finished flat.

Ben Bernanke speaking yesterday left the door wide open for further rate cuts.

Dell Inc. reports 27% rise in profit, but future results could be weak.

Sears Holding Corp. gets subpoena from district attorney in California over handling of hazardous waste.

Zoe Cruz to step down at Morgan Stanley.

Budd Foxx

Thursday, November 29, 2007

Stock Market Review

7 Stocks you need to know for Friday

Brocade (BRCD | charts | news | PowerRating) beat earnings on Thursday after the bell, announcing $0.17 EPS over an expected $0.13 EPS.

Dell (DELL | charts | news | PowerRating) matched earnings on Thursday with $0.35 EPS.

OmniVision (OVTI | charts | news | PowerRating) beat earnings expectations on Thursday afternoon with $0.51 EPS over $0.43 EPS.

J. Crew (JCG | charts | news | PowerRating) beat earnings on Thursday with $0.42 EPS over $0.36 EPS.

Big Lots (BIG | charts | news | PowerRating) reports earnings on Friday before the bell, with analysts looking for $0.12 EPS.

Tiffany & Co. (TIF | charts | news | PowerRating) announces earnings on Friday morning before the market opens; analysts expect 0.25 EPS.

Knightsbridge Tankers (VLCCF | charts | news | PowerRating) expects to report $0.44 EPS on Friday after the close.

Earnings

Today after the close look for the following companies to report: BRCD, DLIA, DELL, JCG, MENT, OVTI, SEAC, and ZUMZ. Tomorrow before the open look for the following companies to report: BIG, KIRK, and TIF.

ACL

Alcon, Inc. is coming off a bottom so keep it on the radar.

Top Performers

YGE / EXM / WCG / SOLF / SIGM

REGN / BIDZ

MON

Monsanto Company has broken out here in early trading so put this stock on that watchlist.

Budd Foxx

BIDU

Baidu.com is acting well here in early trading so put this stock on that watchlist.

Budd Foxx

FSLR

First Solar opening to the upside here this morning so put this stock on that trading radar.

Budd Foxx

Today's Watchlist

ICE, SIGM, LULU, WCG, VMW, IX, STP,

PCU, NILE, RTP, MON, STT and TRB

ETFC

E-Trade to get $2.55 billion infusion from Citade

SPWR

Sunpower Corp. look for a continuation in this security today.

Pre-Market Gappers

Gapping up:

REGN +34.1%, SOLF +20.6%, TWP +18.7%, SIGM +13.3%, SUF +12.0%, WCG +11.4%, PTT +11.2%, ISSI +10.7%, ETFC +9.8%, LULU +8.6%, BIDZ +7.9%, FRED +6.4%, CFI +6.3%, VMW +4.9%, TIVO +4.7%, USBE +4.0%, TXCO +3.9%, RRGB +2.5%, GPRO +2.4%, BCSI +2.3%, DLTR +2.3%, ATW +2.1%, IACI +1.7%, VIP +1.4%, GM +1.3%, SOLF +1.2%...

Gapping down:

WEDC -10.1%, MW -9.9%, SHLD -8.9%, JAS -5.2%, ROH -4.7%, RCI -4.6%, EEP -4.1%, ARO -3.6%, PFG -2.7%, SLM -2.7%, LDK -2.6%, SMRT -2.5%, MHS -2.5%, HSC -2.4%, USBE -2.0%, GR -2.0%, EXEL -2.0%, CTR -1.8%, STFC -1.8%, IPAR -1.8%, BPL -1.1%.

VMW

WMware upgraded to Buy from Neutral at Merrill Lynch

LULU

Lululemon Athletica beats by $0.03, beats on revs; guides FY08 EPS above consensus

STP CHART


Suntech breaks out over $75 per share so keep it on the radar.

Watch for Breakout

ALTR Over $19.60

DECK Over $147.70

MORN Over Continuation

MON Over $100

NTRS Over $80.25

PCLN Continuation

STT Over $80

Upgrades and Downgrades

Upgraded this morning include:

SIGM, NOV, PDCO, NLC, RRGB, DLTR, RRC, GM, TIVO, DHT, and NUVO

Downgraded this morning include:

TYL, RCI, and ARO

Budd Foxx

Morning News

Futures are pointing to a lower open this morning.

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

In Tokyo the Nikkei 225 did end higher.

Crude oil back up to $94.00 per barrel.

Wholesale gasoline is $2.33 per gallon.

Natural gas holding at $7.57 per unit.

Gold is $805.00 per ounce.

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

Third quarter GDP will be out at 8:30 as well.

New home sales for the month of October will be released at 10:00 this morning.

Natural gas inventories will be released at 10:30 this morning.

Yesterday's action saw the Dow gain 331 points, the Nasdaq added 82 points, and the S&P was up 40 points.

Oil is spiking after expolsion and fire at a pipeline in Minnesota which brings oil from Canada to the U.S.

Sears Holding Corp. third quarter results come in well below expectations.

Citadel Investment Group to lift its stake in E Trade Financial to nearly 20%.

Home forclosures for the month of October up 2% from the month of September.

Budd Foxx

Wednesday, November 28, 2007

Stock Market Review

7 Stocks you need to know for Thursday

Sigma Designs (SIGM | charts | news | PowerRating) beat earnings on Wednesday afternoon, reporting $0.79 EPS versus expectations of $0.55 EPS.

Aeropostale (ARO | charts | news | PowerRating) beat earnings expectations on Wednesday, with $0.48 EPS over $0.47 EPS.

Beazer Homes (BZH | charts | news | PowerRating) reports earnings on Thursday morning, with analysts looking for -$3.20 EPS.

When Del Monte (DLM | charts | news | PowerRating) announces quarterly results on Thursday before the bell, watch for $0.17 EPS.

Genesco (GCO | charts | news | PowerRating) should announce $0.54 EPS tomorrow morning before the market opens.

Anaylsts will be watching for HJ Heinz (HNZ | charts | news | PowerRating) to report $0.67 EPS on Thursday before the market opens.

Sears Holdings (SHLD | charts | news | PowerRating) should report $0.50 EPS on Thursday morning.

European Markets Closing Prices

European Markets Closing Prices: FTSE: 6306.2 +165.5 +2.7%, DAX: 7726.3 +195.0 +2.6%, CAC: 5561.2 +127.0 +2.3%

Shipping Stocks

Shipping names at or pushing back toward session highs -- DRYS +11.4%, TBSI +11.2%, DSX +10.5%, GNK +9.9%, EGLE +6.9%, PRGN +5.9%, NM +4.8%

Dow Resistance

We have resistance at the 200 dma which is 13,245 range. Closing above the 200 dma would be a bullish sign for this market.

Top Performers

VRGY, JRJC, OSTK, SVNT, SCA

EXM, VMW

RIMM

Research in Motion has a minor break out point over $120 per share so keep it on the radar this afternoon.

The Fed at 2pm

The Fed Beige Book will be released at 2pm today

MA

Mastercard is in a bullish power trend in early trading so keep it on the radar.

GS

Goldman Sachs continues to act well so keep it on the radar.

FSLR

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

VMW

Vmware, Inc. is an oversold stock that could see a short squeeze so keep it on the radar.

SPWR

Sunpower Corp. is trading up in pre-market on financing news from JP Morgan so keep it on the radar today.

TAP

Molson Coors Brewing Co. was upgraded this morning by UBS

Stocks Trading Up In Pre-Market

NOVC, VRGY, JRJC, TBSI, CRON, ETFC

DRYS, BIDU, SEED, GIGM, RIMM, AAPL

GOOG, MSFT, FSLR, AMZN

POT

Potash was upgraded this morning by JP Morgan so keep it on the radar.

Upgrades and Downgrades

Upgraded this morning include:

BCSI, HOC, ICTG, UBS, ATR, ATGI, TAP, ANR, POT, and SAN

Downgraded this morning include:

ARIA, ATRO, NYT,ADVNB, RYAAY, AKH, and GLYT

Budd Foxx

Watch for Breakout

DHR Over $86

CHT Over $19.50

GSF Over $88

FCL Over $45.55

PBG Over $43.40

PPDI Over $42.65

UNTD Over $17.40

Morning News

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

European markets are trading up just a bit today.

In Tokyo the Nikkei 225 did end lower.

Crude oil has fallen below $95.00 per barrel.

Wholesale gasoline is $2.37 per gallon.

Natural gas is $7.51 per unit.

Gold has slipped just below $800.00 per ounce.

October durable goods orders will be releasd at 8:30 this morning.

October existing home sales will be out at 10:00 this morning.

Energy Dept. will release weekly inventory levels at 10:30 this am.

Fed Beige Book will be out at 2pm today

Yesterday's action saw the Dow get back 215 points, the Nasdaq gained 39 points, and the S&P got back 21 points.

According to reports 'Cyber Monday' was a strong day for online sales.

Wells Fargo to set aside $1.4 billion to cover losses due to real estate melt down.

Freddie Mac reportedly will offer $6 billion in stock and slash it's quarterly dividend.

Toyota recalling as many as 215,000 vehicles in Japan.

Pep Boys to close stores,and slash jobs in restructuring effort.

Budd Foxx

Tuesday, November 27, 2007

Stock Market Review

7 Stocks you need to know for Wednesday

Dress Barn (DBRN | charts | news | PowerRating) missed earnings on Tuesday afternoon, announcing $0.30 EPS versus expectations of $0.32 EPS.

Verigy (VRGY | charts | news | PowerRating) beat earnings estimates, with $0.58 EPS over $0.50 EPS.

Aeropostale (ARO | charts | news | PowerRating) reports earnings on Wednesday before the market opens, with traders looking for $0.47 EPS.

When Brown Shoe (BWS | charts | news | PowerRating) announces quarterly results tomorrow morning, analysts will be watching for $0.64 EPS.

Dollar Tree (DLTR | charts | news | PowerRating) should announce $0.37 EPS on Wednesday morning.

Coldwater Creek (CWTR | charts | news | PowerRating) is expected to announce -$0.11 EPS on Wednesday after the market closes.

When Jo-Ann Stores (JAS | charts | news | PowerRating) reports quarterly earnings tomorrow afternoon, traders will be watching for $0.28 EPS.

Earnings

Today after the close, look for ADI, CENT, DBRN, LTON, MRVL, PBY, SMTC, SNDA, LNUX, UTI, and VRGY to report. Tomorrow, before the open, look for ARO, BECN, BWS, CBRL, DLTR, NRGY, IGLD, and SCMR to report.

DECK

Deckers Outdoor Corp. is acting very well today and could be momentum if the stock is pushing the high of the day near the close.

POT

Potash: Strength in POT, AGU & MOS is being attributed to positive analyst comments on potash prices

Stocks in Play

SNDK / LVS / ATI / BIDU / BNI / DRYS

UNP / POT / AMZN / AAPL / RIMM

Top Performers

APPY / OSIR / DECK / USS / SPLS

VMW / EDU

RIG

Transocean has broken out and is acting very well today so keep it on the radar.

CELG

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

ISRG

Intuitive Surgical is acting well in early trading so keep this stock on that trading radar.

Budd Foxx

RIMM

Research In Motion seems to be heating up here early in trading so put this stock on that watchlist.

Budd Foxx

GS

Goldman Sachs strong out of the gate this morning so put this stock on that trading radar.

Budd Foxx

Pre-Market Gappers

Gapping up:

BBND +1.9%, ATVI +8.3%, SPLS +6.3%, KMP +5.4%, PHM +4.9%, KOPN +4.9%, UBS +4.8%, BCS +4.0%, CTRN +3.5%, BPHX +3.4%, ACN +3.3%, RIG +3.2%, DCI +3.1%, CMRG +2.9%, AIV +2.8%, ETFC +2.6%, TECD +2.5%, MRO +2.4%, C +2.2%, GOLD +2.1%, MON +2.0%, MYL +2.0%, BAX +2.0

BIDU

Baidu.com, Inc. is very strong in pre-market so keep it on the radar.

Stocks Trading Up In Pre-Market

SPLS, ATVI, CSIQ, JBLU, FCEL, ACGY, ESRX

BRLC, SPWR, TASR, AAPL, BIDU, FSLR

GOOG, RIMM, MA, AMZN

ESRX

Express Scripts guides FY08 EPS above consensus

SPWR

SunPower announces that it is working with HP to design, install and operate a 1-megawatt solar electric power system on HP's printer manufacturing facility in San Diego...

Upgrades and Downgrades

Upgraded this morning include:

TTGT, CAVM, BP, BBT, PNC, RF, WM, KEY, MRO, CVX, AXA, and EMAG

Downgraded this morning include:

EQR, BRE, AVB, NG, and GLYT

Budd Foxx

Watch for Breakout

AUXL Over $27.40

CNX Over $58.50

CBMX Over $7

CAKE Over $23.35

FSLR Over $222

RIG Over $131

VIP Over $35

Morning News

Futures are pointing to a higher open this morning.

European markets are trading lower so far today.

In Tokyo the Nikkei 225 did end higher.

Crude oil is $96.59 per barrel.

Wholesale gasoline is $2.42 per gallon.

Natural gas is currently $7.64 per unit.

Gold sitting at $822.00 per ounce.

Poll on November consumer confidence will be released this morning.

Philly Fed President Charles Prosser , and Chicago Fed President Charles Evans will be speaking about the economy today.

Yesterday's action saw the Dow tank 237 points, the Nasdaq lost 56 points, and the S&P giving back 33 points.

Citigroup reportedly will get $7.5 billion investment from Abu Dhabi.

Online Shopping service hosted by Yahoo having major problems yesterday.

Universal Studios to build park in South Korea by 2012.

Budd Foxx

Monday, November 26, 2007

Stock Market Review

7 Stocks you need to know for Tuesday

Citi Trends (CTRN | charts | news | PowerRating) beat earnings expectations on Monday afternoon, announcing $-0.04 EPS over expectations of -$0.06 EPS.

American Eagle (AEO | charts | news | PowerRating) reports earnings on Tuesday before the bell, with analysts looking for $0.45 EPS.

Jackson Hewitt (JTX | charts | news | PowerRating) is looking to announce -$0.60 EPS on Tuesday morning before the market opens.

Staples (SPLS | charts | news | PowerRating) is expected to report $0.40 EPS tomorrow before the bell rings.

Analysts will be watching for Talbots (TLB | charts | news | PowerRating) to report -$0.23 EPS on Tuesday before the market opens.

Pep Boys (PBY | charts | news | PowerRating) reports earnings after the close on Tuesday, with analysts looking for $0.02 EPS.

Marvell (MVL | charts | news | PowerRating) also announces earnings tomorrow after the trading day; watch for $0.08 EPS.

DE

Deere & Company making a fresh 52 week high here this morning so put this stock on that trading radar.

Budd Foxx

CBE

Cooper Industries is acting well here this morning so keep this stock on that watchlist.

Budd Foxx

RIMM

Research In Motion acting well here in early trading so put this stock on that watchlist.

Budd Foxx

AMZN

Amazon.com has a decent tone to it here early so keep this stock on that watchlist.

Budd Foxx

GRMN

Garmin strong out of the gate this morning so keep this stock on that trading radar.

Budd Foxx

AAPL

Apple Inc. has a good tone to it this morning so keep this stock on that radar.

Budd Foxx

FSLR

First Solar is trading higher here in early trading so keep this stock on that watchlist.

Budd Foxx

BIDU

Baidu.com is heating up here in early trading so put this stock on that trading radar.

Budd Foxx

Pre-Market Gappers

Gapping up:

GLYT +49.9%, CFSG +11.9%, SKIL +5.9%, QGEN +5.1%, GOLD +4.8%, MICC +3.8%, CHINA +2.7%, SGP +2.5%, ERIC +2.4%, CDE +2.4%, BHP +2.3%, RTP +2.1%, EWBC +1.7%, GLW +1.6%, MA +1.6%, BA +1.5%, CELG +1.4%, GLD +1.0%...

Gapping down:

NWL -10.8%, VVTV -5.9%, FXP -3.7%, ETFC -3.4%, SLXP -2.4%.

JASO

JA Solar target raised to $65 per share at Lehman

RIG

Transocean target raised to $168 per share at Credit Suisse

MA

Mastercard target raised to $260 at Calyon Securities

Watch for Breakout

ACLI Over $15.35

AOC OVer $48.50

BOOM Over $58.15

CRM Over $57.55

PTRY Over $28.25

WEC Over $48.20

Upgrades and Downgrades

Upgraded this morning include:

BA, LH, VM, RATE, CELG, FMX, NGG, KMB, DE, AET, DTV, GRP, AKH, PHG, TDW, and OVTI

Downgraded this morning include:

ISIL, CASY, FRE, FNM, SRP, and FMD

Budd Foxx

Morning News

Futures are pointing to a higher open at this point in the am.

European markets are trading higher today.

In Tokyo the Nikkei 225 did close higher.

Crude oil is $98.30 per barrel.

Wholesale gasoline up to $2.46 per gallon.

Natural gas is just below $8.00 per unit.

Gold has made its way back up to $833.00 per ounce.

Friday's action saw the Dow gain 181 points, the Nasdaq was up 34 points, and the S&P got back 23 points.

Black Friday sales to be better than expected according to reports.

Today expected to be a huge day for online shoppers.

Phillips Electronics to buy Genlyte for a reported $2.7 billion.

Airbus to sell 160 commercial jets to China for $14.8 billion.

E Trade Financial reportedly in talks to sell itself.

Studios and movie writers to resume contract talks today.

Fire in Malibu California at 70% contained according to reports.

In sports the New England Patriots improve to 11-0 after just getting past the Philidelphia Eagles last night 31-28.

Budd Foxx

Saturday, November 24, 2007

VIDEO - KISS - Keep it Simple

Stock Market Review

7 Stocks you need to know for Monday

Financial stocks rallied on Friday, on the heels of big losses this week. Citigroup (C | charts | news | PowerRating) jumped over 3% on positive sentiment.

Freeport McMoRan (FCX | charts | news | PowerRating) rallied over 3% on Friday, following a week of major declines, as gold futures staged a rebound.

Circuit City (CC | charts | news | PowerRating) rallied close to 20% on Friday, boosted by holiday-driven positive retail sales sentiments across the sector.

E*Trade (ETFC | charts | news | PowerRating) rallied nearly 25% on Friday, on reports of talks to sell a portion or the entirety of the company's business.

SkillSoft (SKIL | charts | news | PowerRating) reports earnings on Monday before the bell, with analysts looking for $0.00 EPS.

When Citi Trends (CTRN | charts | news | PowerRating) reports quarterly results on Monday afternoon, watch for -$0.06 EPS.

Traders are watching for Donaldson (DCI | charts | news | PowerRating) to announce $0.48 EPS after the close on Monday afternoon.

Friday, November 23, 2007

Stocks Trading Up In Pre-Market

AAPL, GOOG BIDU, RIMM, SIRI, CSCO

TIBX, ETFC, CSIQ, JMBA, SHPGY, GOLD

MICC, STEM, ACGY, DRYS

Upgrades and Downgrades

Upgrades:

TIBX, PTR, OHI, AAUK, CEO

Morning News

Futures are pointing to a higher open this morning.

European markets are trading higher today.

Asian markets closed higher today.

Crude oil is $96.26 per barrel.

Wholesale gasoline is $2.41 per gallon.

Natural gas currently $7.63 per unit.

Gold is back up to $809.00 per ounce.

Wednesday's action saw the Dow give back 211 points, the Nasdaq lost 34 points, and the S&P lost 22 points.

Markets will close at 1:00 this afternoon.

132.9 million Americans expected to hit the stores this Black Friday.

Carl Ichan reportedly has increased his stake in Temle Inland

A report is out that a jury verdict is out that Qualcom did infringe on three of Broadcom's patents.

Nissan to recall up to 713,000 Altima and Sentra cars due to engine problems.

Budd Foxx

Wednesday, November 21, 2007

Stock Market Review

7 Stocks you need to know for Friday

Traders are watching for Wonder Auto Tech (WATG | charts | news | PowerRating) to report $0.16 EPS on Friday morning before the open.

Deere (DE | charts | news | PowerRating) beat earnings estimates, reporting that Q4 earnings gained by 52%. DE rallied over 5% on Wednesday despite broad weakness.

Circuit City (CC | charts | news | PowerRating) fell over 5% on Wednesday after a downgrade from Neutral to Overweight at JP Morgan.

Ericsson AB (ERIC | charts | news | PowerRating) fell for the second straight day, down 6%, after guiding earnings estimates lower for this quarter.

Freddie Mac (FRE | charts | news | PowerRating) fell to decades-old lows today, after posting the company's biggest quarterly loss yesterday. Related company Countrywide Financial (CFC | charts | news | PowerRating) also continued to tack on losses, dropping nearly 4%.

Leap Wireless (LEAP | charts | news | PowerRating) dropped over 6% on Wednesday after announcing creditor fees stemming from a late filing of Q3 results.

ARD

Arena Resources, Inc. is acting very well this afternoon so keep it on the radar.

NMX

NYMEX Holdings is also bucking the trend so keep it on the radar.

Oil Inventories

Weekly inventory levels saw:

Crude oil down 1.1 million barrels.

Gasoline saw a build of 200,000 barrels.

Distillates saw a decline of 2.4 million barrels.

Budd Foxx

JOYG

Joy Global, Inc. is bucking the trend in early trading so keep it on the radar.

GOOG

Google, Inc. is bucking the trend in early trading so keep it on the radar.

Stocks Trading Up In Pre-Market

STEM, NGAS, GLNG, CMED, AUDC, ASML

CTIC, BRLC, VOLV, MRVL

VAR CHART


This security breaks out over $50 per share so keep it on the radar.

DKS

Dicks Sporting Goods was upgraded this morning by Citigroup so keep it on the radar.

Upgrades and Downgrades

Upgraded this morning include:

BBT, OEH, NCX, ODP, DT, and DKS

Downgraded this morning include:

JMBA, SMRT, HIBB, GRC, ODP, CC, TI, and HOTT

Budd Foxx

Morning News

Futures are getting drilled at this point in the morning.

European markets are taking a hit today.

In Tokyo the Nikkei 225 ended lower.

Crude oil is $97.64 per barrel.

Wholesale gasoline is $2.43 per gallon.

Natural gas is $7.44 per unit.

Gold sitting just below $800.00 per ounce.

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

Leading indicators for the month of October will be out at 10:00 this morning.

University of Michigan's consumer sentiment poll will be out at 10:00.

Weekly oil inventories set for release at 10:30 this am.

Yesterday's action saw the Dow gain 51 points, the Nasdaq up 3 points, and the S&P adding 6 points.

Henry Paulson believes home loan defaults will rise in 2008.

The yen reaching new highs against the U.S. dollar.

Whole Foods forcast for next years growth to rise as much as 30% and lifts dividend.

Budd Foxx

Tuesday, November 20, 2007

Watch for Breakout for 11/21

CCI Over $42.10

OSIP Over $43

IVGN Over $92.50

ESRX Over $67

WDR Over 34.50

VAR Over $50

UNP Over $129

CHARTS

JTX CHART


Look for a continuation on Wednesday on this security.
Notice the volume on the move up.

7 Stocks you need to know for Wednesday

Abercrombie & Fitch (ANF | charts | news | PowerRating), the hip retailer is scheduled to report before the open on Wednesday. Analysts are expecting third quarter EPS of 1.28.

Whole Foods Market (WFMI | charts | news | PowerRating) announced a 15% drop in quarterly net profits, due in part to costs related to the company’s acquisition of Wild Oats Markets. Sales at WFMI, however, did top analyst estimates, boosting the stock in Tuesday trading.

Gap (GPS | charts | news | PowerRating), is also slated to provide earnings news to investors on Wednesday. Expectations for The Gap point to EPS of 0.29.

Analysts are expecting earnings of 0.46 per share from The Children’s Place (PLCE | charts | news | PowerRating), which will report before the bell on Wednesday.

Patterson Dental (PDCO | charts | news | PowerRating) is expected to announce earnings per share of 0.40 when they report Wednesday morning before the market opens.

Footlocker (FL | charts | news | PowerRating) reported third quarter 2007 losses of 22 cents per share after the bell on Tuesday.

Pacific Sunwear of California (PSUN | charts | news | PowerRating) announced losses of 29 cents per share after the close on Tuesday, citing store-related writedowns and other charges.

Stock Market Review

POT

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

Tech Stocks to Watch

AAPL / BIDU / GOOG / RIMM

CN

China Netcom Group is acting well in early trading so keep it on the radar.

BOBJ

Business Objects is trading up in pre-market so keep it on the radar today.

BCSI

Blue Coat Systems, Inc. reported good earnings this morning so keep it on the radar today.

Stocks Trading Up In Pre-Market

BCSI, AAPL, RIMM, ETFC, BIDU, GOOG

SIRI, RSTO, RMBS, SIGM, GLNG,

AIXG, BPHX, ASML, XING

Watch for Breakout

BR Over 22.50

COCO Over $17.05

FSLR Over $230

Upgrades and Downgrades

Upgraded this morning include:

PGIC, IGTE, SNP, KNDL, STO, URI, HMIN, SBUX, DLTR, EQ, HES, XOM, BKI, NITE, FBTX, WYNN, MFE, SYKE, and SU

Downgraded this morning include:

TDG, QRR, KMT, AHT, and SBUX

Budd Foxx

Morning News

Futures are pointing to a higher open this morning.

In Tokyo the Nikkei 225 did close higher.

European markets are trading to the upside so far today.

Crude oil is just below $96.00 per barrel.

Wholesale gasoline is $2.40 per gallon.

Natural gas is currently $7.62 per unit.

Gold is $787.00 per ounce.

Weekly retail chain index will be released at 7:45 this morning.

Housing starts for the month of October will be out at 8:30 this morning.

October building permit numbers will be released at 8:30 this morning.

Minutes from the latest Fed meeting will be released at 2:00 this afternoon.

Yesterday's action saw the Dow lose 218 points, the Nasdaq giving back 43 points, and the S&P gave back 25 points.

Chatter of an emergency Fed meeting is floating around.

Hewlett Packard reports better than expected quarter, and forcast for current quarter is very strong.

Budd Foxx

Monday, November 19, 2007

Stock Market Review

7 Stocks you need to know for Tuesday

Barnes & Noble (BKS | charts | news | PowerRating) reports earnings on Tuesday before the market opens, with analysts looking for -$0.08 EPS.

CDC Corporation (CHINA | charts | news | PowerRating) is expected to announce $0.09 EPS on Tuesday morning before the market opens.

Gamestop (GME | charts | news | PowerRating) announces earnings tomorrow morning before the bell, with traders expecting $0.23 EPS.

Hormel Foods (HRL | charts | news | PowerRating) should report $0.65 EPS on Tuesday morning before the bell.

When Office Depot (ODP | charts | news | PowerRating) announces quarterly results on Tuesday morning, look for $0.40 EPS.

Saks (SKS | charts | news | PowerRating) and Target (TGT | charts | news | PowerRating) both report earnings tomorrow morning. SKS is looking for $0.16 EPS, while TGT expects $0.61 EPS.

Top Performers

DISH / PHRM / OSIP / DIVX / NX

ICE / ATRO

FSLR

First Solar continues to act very well so keep it on the radar.

ICE

International Exchange Inc. acting well here in early trading so keep it on that trading radar.

Budd Foxx

BIDZ

Bidz.com has a good tone in early trading so keep it on the radar.

YHOO

Yahoo, Inc. was upgraded by Merril Lynch this morning so keep it on the radar.

STP

Sun Tech Power breaks out over $70 per share so keep it on the radar. Merrill Lynch raises target from $83 to $100 per share.

Pre-Market Gappers

Gapping up:

NTOL +86.3%, DISH +33.1%, ELNK +11.7%, ETFC +6.1%, CSUN +5.9%, STP +5.8%, CRNT +3.3%, GME +2.3%, PHRM +2.2%, STJ +1.6%, YHOO +1.4%, QCOM +0.7%...
riverblu:

Gapping down:

DFS -4.3%, LOGI -4.2%, LOW -4.0%, AAUK -3.6%, BHP -3.5%, UBS -3.1%, ABB -3.1%, PAET -3.0%, C -2.9%, SQNM -2.9%, CELG -2.7%, FNM -2.5%, BZP -2.4%, JOYG -1.7%, MICC -1.6%

Upgrades and Downgrades

Upgraded this morning include:

ETN, BRNC, X, XXIA, LH, HRL, QCOM, REP, WLP, BBY, CAT, AHG, AFL, NMX, DISH, VDSI, ROLL, and DW

Downgraded this morning include:

SFD, LEAP, UBS, COLY, FNM,

Budd Foxx

Watch for Breakout

AMT Over $46.55

ALDN Over $25

BGC Over $76.30

TESS Over $17

URS Over $64.15

Morning News

Futures are pointing to a lower open this morning.

European markets are trading lower so far today.

In Tokyo the Nikkei 225 did end lower.

Crude oil is $94.67 per barrel.

Wholesale gasoline is $2.39 per gallon.

Natural gas just above $8.00 per unit.

Gold is $790.00 per ounce.

A short week and light volume expected with Turkey Day on Thursday.

Friday's action saw the Dow gain 66 points, the Nasdaq ended up 18 points and the S&P gained 7 points.

The Lundberg survey is out with gas prices jumping 13 cents on average over the past two weeks.

OPEC saying no changes in oil output expected.

Goldman Sachs cuts Citigroup to a sell on fears of more write-offs.

A report was out over the weekend stating AT&T is currently working on a bid for EchoStar.

Xerox Corp. to declare its first dividend in 6 years.

Budd Foxx

Saturday, November 17, 2007

VIDEO - Market Overview and Stock Picks

This week we get back to the market to discuss the overall conditions and some of our recent plays.

VIDEO - Market Overview and Stock Picks

http://www.leavittbrothers.com/.

Friday, November 16, 2007

Stock Market Review

7 Stocks you need to know for Monday

Campbell's Soup (CPB | charts | news | PowerRating) reports earnings on Monday morning before the bell, with analysts looking for $0.71 EPS.

When Lowe's (LOW | charts | news | PowerRating) announces earnings on Monday, be watching for $0.41 EPS.

Valspar (VAL | charts | news | PowerRating) is set to report $0.40 EPS on Monday morning.

Tween Brands (TWB | charts | news | PowerRating) should announce $0.46 EPS before the bell rings on Monday.

Hewlett-Packard (HPQ | charts | news | PowerRating), Medtronic (MDT | charts | news | PowerRating) and Nordstrom (JWN | charts | news | PowerRating) all report earnings after the close on Monday, so watch for heightened volatility ahead of the bell.

VMW

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

Solar Stocks to Watch

Solar names extending push off morning lows-- STP +7%, FSLR +5.9%, LDK +3.2%, JASO +2.5%, SOLF +2.25, SPWR +1.2%, TSL +0.3%

Casino Stocks to Watch

LVS / WYNN / MGM

DO

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

Stocks Acting Well in Early Trading

WFR / CSIQ / GRMN / IOSP / VRAD

LDK / JBX

FSLR

First Solar continues to act well so keep it on the radar.

JBX

Jack in th Box is a depressed stock that is trading up a bit in pre-market so keep it on the radar.

Pre-Market Gappers

Gapping up:

GRMN +16.7%, GCA +11.9%, PWER +11.3% , EXAS +11.1%, CSIQ +9.7%, CNTF +8.8%, ARII +8.3%, QXM +5.8%, PBR +5.4%, TEL + 4.2%, DRYS +4.2%, A +3.9%, INTU + 3.7%, PWR +3.0%, ACM +2.7%, CBI +2.6%, BIDU +2.5%, IOSP +2.3%, RTP +2.1%, STAR +1.8%, CSCO +1.7%, BRCM +1.7%, TSL +1.5%, EMC +1.3% , SUN +1.2%, JBX +1.1%, CB +1.1%, HPQ +1.0% , AAPL +1.0%....

Gapping Down:

ACTG-24.8%, STV -15.8%, NCTY -14.7%, NCTY -13.1%, SBUX -8.3%, DITC -7.7%, CHRD -6.7%, ADSK -5.2%, HBAN -4.7%, KSS -2.9%, FIG -2.7%, MSCC -1.3%, UNCA -1.3%, AT -1.0%, CRM -0.7%.

GRMN

Garmin Ltd said it does not intend to pursue its bid for global digital map maker Tele Atlas and the stock is trading up in pre-market on the news.

DRYS

DryShips tgt raised to $133 from $114 at Cantor Fitzgerald

Upgrades and Downgrades

Upgraded this morning include:

SUN, BRCM, VSE, JCP, TYC, EXPE, MRO, CVX, COP, CNA, CB, TRV, LOSP, NCX, STAR, CNTF, HE, and WNS

Downgraded this morning include:

NCTY, ATVI, GME, THQI, HOLL, UNCA, NUVA, CLWR, WIN, PWR, TGT, GCA, MSCC, SBUX, and FDX

Budd Foxx

Morning News

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

European markets are trading lower today.

In Tokyo the Nikkei 225 did end lower.

Crude oil is back up to $94.12 per barrel.

Wholesale gasoline is $2.35 per gallon.

Natural gas is $7.72 per unit.

Gold has fallen to $789.00 per ounce.

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

Yesterday's action saw the Dow give back 120 points, the Nasdaq lost 25 points, and the S&P gave back 19.

Government to open military air space for commercial flights in an effort to ease delays in holiday travel.

Rio Tinto reportedly thinking of a counterbid for BHP Billiton.

Starbucks cuts earnings growth forcast, and will now begin advertising on television.

In Sports A-Rod reportedly reaching a tentative ten year deal worth about $275 million with the New York Yankees.
Barry Bonds indicted for federal perjury and obstruction of justice.

Budd Foxx

Thursday, November 15, 2007

Stock Market Review

7 Stocks you need to know for Friday

Kohl's (KSS | charts | news | PowerRating) beat earnings on Thursday afternoon with $0.61 EPS over an expected $0.60 EPS.

Autodesk (ADSK | charts | news | PowerRating) reported better than expected earnings, announcing $0.49 EPS over $0.48 EPS.

Intuit (INTU | charts | news | PowerRating) beat earnings expectations with -$0.10 EPS.

Agilent (A | charts | news | PowerRating) matched earnings expectations on Thursday with $0.46 EPS.

AnnTaylor (ANN | charts | news | PowerRating) reports earnings on Friday before the bell, with analysts looking for $0.60 EPS.

When Jack In the Box (JBX | charts | news | PowerRating) announces quarterly results tomorrow before the bell, analysts will be looking for $0.39 EPS.

Qiao Xing Mobile (QXM | charts | news | PowerRating) is set to report $0.32 EPS tomorrow morning before the market opens.

MELI

Mercado Libre, Inc. is acting well today and breaks out over $48.16 per share so keep it on the radar.

EHTH

E-Health has broken out and made a new 52 week high so keep it on the radar.

JASO

JA Solar Holdings is acting very well today so keep it on the radar.

WFR

Memc Electronic is in a bullish power trend in early trading so keep it on the radar.

AAPL

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

GRMN

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

FSLR

First Solar has a decent tone in early trading so keep it on the radar.

STP

Suntech Power Holdings Company is trading up on earnings so keep it on the radar.

Watch for Breakout

AVP Over $41.30

BG Over $112.50

GHL Over $75.00

GFIG
Over $98

PRU
Over $101.50

NUVA Over $44.65

XLP
Over $28.75
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