Monday, December 31, 2007

Solar Stocks to Watch

Leading names in the Solar Group include, AKNS, LDK, YGE, FSLR, SPWR, STP, CSUN, CSIQ, ASTI, ESLR, SOLF, JASO, TSL

N

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

JADE

LJ International, Inc. is ripping in pre-market so keep it on the radar.

Pre-Market Gappers

Gapping up:

JADE +72.9%, DPTR +20.6%, VG +10.0%, ASMI +8.7%, BBGI +4.0%, ASTI +3.2%, ASHW +2.3%, UA +1.1%, PBR +1.0%...

Gapping down:

TIN -39.9%, COGT -14.0%, SLXP -10.7%, PZE -9.8%, CBI -3.7%, ARD -2.9%, TRA -2.3%, MGIC -2.0%, HITK -1.5%, BIDU -1.5%.

ASTI CHART


Look for a follow through today on this security.

Watch for Breakout

DCP Over $27.30

ICLR Over $64.80

SIRO
Over $34.25

UPL Over $72.32

ZEUS
Over $33.20

Morning News

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

European markets are trading just a bit lower today.

In Tokyo the Nikkei 225 did end lower.

Crude oil is currently $96.13 per barrel.

Wholesale gasoline is $2.47 per gallon.

Natural gas is currently $7.32 per unit.

Gold is sitting at $837.00 per ounce.

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

Friday's action saw the Dow end 6 points higher, the Nasdaq 2 points lower, and the S&P up 2 points. For the year the Dow is up 7%, The nasdaq is up 11%, and the S&P is up about 4%

A report is out showing holiday online sales were up 19% this year.

Missouri becomes third state to mandate ethanol in gasoline.

Tracinda reportedly to buy 35% stake in Delta Petroleum for $684 million.

Shawn Weng CFO of Baidu.com has died in an accident.

Over the weekend in sports the New England Patriots beat the New York Giants to complete the perfect season with a 16-0 record.

Budd Foxx

Sunday, December 30, 2007

7 Stocks you need to know for Monday

Piedmont (PNY | charts | news | PowerRating) reports earnings on Monday before the bell, with traders looking for -$0.05 EPS.

When Immucor (BLUD | charts | news | PowerRating) reports earnings on Wednesday after the close, traders will be watching for $0.24 EPS.

KB Home (KBH | charts | news | PowerRating) dropped about 3.5% on Friday, following an extremely weak new home sales report out of the U.S.

Pulte Homes (PHM | charts | news | PowerRating) also fell on the news, down over 2% for the day.

Cal-Maine Foods (CALM | charts | news | PowerRating) rallied 9% on Friday after announcing a massive increase in Q2 net income from the same period last year.

CDC Corporation (CHINA | charts | news | PowerRating) rallied 23% on Friday after announcing that the company's directors and executives have purchased nearly 500k shares of the company over the last week.

Checkpoint Software (CKP | charts | news | PowerRating) rallied 15% after announcing a new CEO.

Friday, December 28, 2007

VIDEO - Our First 10 Option Trades

CHINA

CDC Corp. if the stock is closing strong if could be overnight momentum.

LFT

Longtop Financial is acting well this afternoon so keep it on the radar.

ILMN

Illumina, Inc. is bucking the trend this afternoon so keep it on the radar.

AEM

Aginco-Eagle Mines Ltd has a decent tone to it today so keep it on the radar this afternoon.

N

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

EFUT

E-Future is acting well today so keep it on the radar.

SIGM

Sigma Designs, Inc. is acting very well today so keep it on the radar.

Shipping Stocks to Watch

Seeing some notable sector strength within the drybulk shippers here...DRYS, TBSI, EXM, GNK, EGLE, DSX

DRYS

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

AAPL

Apple Inc. is acting well here in early trading so put this stock on that trading radar.

Budd Foxx

Fertilizer Stocks to Watch

AGU, BG, CF, MOS, MON, POT and TNH

Solar Stocks to Watch

Leading names in the Solar Group include, LDK, YGE, FSLR, SPWR, STP, CSUN, CSIQ, ASTI, ESLR, SOLF, JASO, TSL

Pre-Market Gappers

Gapping up:

GCO +19.8%, CALM +12.2%, SIX +11.1%, CLWT +11.0%, CHRD +10.8%, CHINA +9.5%, DNDN +8.1%, MLNM +5.8%, SOLF +5.2%, ALXA +4.7%, LUB +4.6%, CYD +4.4%, CBAK +4.3%, SYNX +4.2%, NEM +3.6%, SLM +3.3%, CSIQ +3.1%, HOKU +2.8%, WM +2.7%, GFI +2.0%, TOT +2.0%, TIN +1.9%, CSUN +1.8%, FCN +1.7%, HAFC +1.7%, RTP +1.5%, BIDU +1.2%, ABX +1.1%, C +1.0%, PAAS +1.0%, SI +1.0%...

Gapping down:

ADPI -4.3%, MBI -3.9%, THRX -3.8%, ABK -3.6%, MESA -2.9%, CBK -2.9%, GOLD -1.6%.

CALM

Cal-Maine Foods reports Q2 EPS of $1.69 vs $.27 in yr ago period: revs $223.69 mln vs $137.73 mln in year ago period

MELI

Mercado Libre, Inc. is trading up in pre-market so keep it on the radar.

Watch for Breakout

CSE Over $19

CSR Over $23.35

CTX
Over $27.25

HLYS Over $7.05

PSEM
Over $19.20

Morning News

Futures are pointing to a higher open this morning.

European markets are trading just a bit lower so far today.

In Tokyo the Nikkei 225 did end lower.

Crude oil is $96.55 per barrel.

Wholesale gasolin is sitting at $2.48 per gallon.

Natural gas is $7.08 per unit.

Gold is $836.00 per ounce.

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

Yesterday's action saw the Dow give back 192 points, the Nasdaq lost 47 points, and the S&P finished 21 points lower.

Berkshire Hathaway reportedly will introduce new bond insurance business.

Judge rules Finish Line must complete the purchase of Genesco.

Wal-Mart reportedly will put an end to movie download service.

Mortgage applications drop to yearly low despite borrowing cost.

Budd Foxx

Thursday, December 27, 2007

Stock Market Review

7 Stocks you need to know for Friday

Netflix (NFLX | charts | news | PowerRating) fell over 4% after Apple and News Corp announced a download and rental plans for films.

Blockbuster (BBI | charts | news | PowerRating) also dropped 6% on the Apple/News Corp announcement.

Citigroup (C | charts | news | PowerRating) fell 3% on Thursday after announcing the bank may cut its dividend by 40%to preserve capital.

Freddie Mac (FRE | charts | news | PowerRating) rallied just under 5% on Thursday, after announcing the company has exceeded its capital requirements for Q3.

Potash (POT | charts | news | PowerRating) ralled more than 2% after an upgrade from Neutral to Buy at Goldman Sachs.

SLM Corporation (SLM | charts | news | PowerRating) fell over 6% today after announcing plans to sell $2.5 billion in new stock to raise money for settling contracts.

Qiao Xing Universal Telephone (XING | charts | news | PowerRating) rallied 15% after projecting positive earnings for Q4 after a loss in the previous quarter.

DRYS

Dryships, Inc. seems to be bucking the trend so keep it on the radar.

CSUN

China Sun Power, Inc. is very hot again today so keep it on the radar.

BIDU

Baidu.com is on the move here so put this stock on that watchlist.

Budd Foxx

Fertilizer Stocks to Watch

AGU, BG, CF, MOS, MON, POT and TNH

AAPL

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

Budd Foxx

MELI

Mercado Libre Inc. strong out of the gate so put this stock on that trading radar.

Budd Foxx

MOS

Mosaic Company trading up here in early trading so put this stock on that trading radar.

Budd Foxx

CHA

China Telecom Corp. is trading up a bit in pre-market so keep it on the radar.

5 Hot Stocks

My five favorite stocks selling for less than the price of a Big Mac meal are stem-cell-research company Neuralstem (CUR, news, msgs), flat-panel-TV designer Syntax-Brillian (BRLC, news, msgs) and energy companies Teton Energy (TEC, news, msgs), International Royalty (ROY, news, msgs) and Abraxas Petroleum (ABP, news, msgs).

Pre-Market Gappers

Gapping up:

DOCX +73.8%, END +22.0%, CBAK +15.2%, NOVN +10.3%, CAMP +8.4%, AKNS +7.4%, CSUN +6.8%, CRUS +6.2%, ANR +5.8%, CHINA +4.8%, FREE +3.8%, SEED +3.3%, POT +3.2%, STP +2.9%, GFI +2.6%, ASVI +2.1%, NOK +2.0%, ESLR +1.1%, Q +1.1%, TEVA +1.0%, MBLX +1.0%, MER +1.0%...

POT

Potash, Inc. upgraded by a tier 1 firm so keep it on the radar.

Watch for Breakout

AHS Over $17.50

ASTI Over $22.50

BGY Over $17.50

CSUN
Over $16.70 or continuation

COHU Over $16.40

Morning News

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

European markets are trading higher so far today.

In Tokyo the Nikkei 225 did end lower.

Crude oil is up to $95.52 per barrel.

Wholesale gasoline is sitting at $2.44 per gallon.

Natural gas is $7.00 per unit.

Gold has made up to $826.00 per ounce.

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

November durable goods orders will also be out at 8:30 this am.

December consumer confidence set for release at 10:00 this morning.

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

Yesterday the Dow added 2 points, the Nasdaq added 10 points, and the S&P finished 1 point higher.

Boeing and British Airways reach deal for 24 aircraft, and option to purchase more in the future.

Apple and Fox reach deal to sell movie downloads via iTunes.

A report is out that Sallie Mae will sell $2.5 billion in stock.

In sports the NFL has caved in and decided Saturday nights game between the New England Patriots and the New York Giants will be available onm NBC, and CBS.

Budd Foxx

Wednesday, December 26, 2007

Stock Market Review

7 Stocks you need to know for Thursday

Christopher & Banks (CBK | charts | news | PowerRating) reports earnings after the bell on Thursday, with traders looking for $0.28 EPS.

Verifone (PAY | charts | news | PowerRating) is expecting to report $0.38 EPS on Thursday afternoon after the bell.

Target (TGT | charts | news | PowerRating) fell over 2% today after announcing that December sales may decline following a weak post-Thanksgiving period.

Macy's (M | charts | news | PowerRating) fell nearly 6% on the retail sales warning from Target.

Big Lots (BIG | charts | news | PowerRating) dropped nearly 6%, in line with an industry-wide decline.

Evergreen Solar (ESLR | charts | news | PowerRating) rallied over 9% today after China announced plans to pursue and develop alternative energy sources.

Amazon.com (AMZN | charts | news | PowerRating) rallied over 2% today after announcing that the company has managed its best holiday season to date this year.

Chinese Stocks to Watch

CHNR, CBAK, CPSL, HOKU, JRJC

CSUN

China Sun Energy is on fire today so keep it on the radar as the stock could be overnight momentum.

MELI

Mercado Libre, Inc. is acting very well today as the stock has broken out and made a new 52 week high so keep it on the radar.

RIGL

Rigel Pharmaceuticals is acting well again today so keep this stock on that watchlist.

Budd Foxx

Fertilizer Stocks to Watch

AGU, BG, CF, MOS, MON, POT and TNH

AGU

Agrium Inc. has a decent tone to it off the open this morning so put this stock on that watchlist.

Budd Foxx

Solar Stocks to Watch

Leading names in the Solar Group include, LDK, YGE, FSLR, SPWR, STP, CSUN, CSIQ, ASTI, ESLR, SOLF, JASO, TSL

SOLF

Solar Fun Power, Inc. is trading up in pre-market on good volume so keep it on the radar.

CSIQ

Canadian Solar, Inc. is trading up in pre-market so keep it on the radar.

Pre-Market Gappers

Gapping up:

SOLF + 7.1%, SMI + 5.2%, CSIQ + 4.4%, JADE + 4.1%, PAR + 3.9%, ITRN + 3.4%, CWCO +2.7%, ESLR +2.1%, HOKU +1.9%, DRYS +1.3%, CAAS +1.0%...

Gapping down:

SKM -3.8%, LIZ -3.0%, NAK -3.0%, TGT -1.8%, LXP -1.6%.

Watch for Breakout

ACOR Over $21.75

ACW Over $8.65

CPWR
Over $9.35

CRZ
Over $17.20

NDN
Over $8.40

SPWR Over $140

XRM
Over $6.30

Morning News

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

In Tokyo the Nikkei 225 did end higher.

Crude oil is back up to $94.55 per barrel.

Wholesale gasoline is now $2.40 per gallon.

Natural gas is just above $7.00 per unit.

Gold is $818.00 per ounce.

Berkshire Hathaway to buy 60% stake in Marmon Holdings for a reported $4.5 billion.

Target Corp. warns December same store sales are running well below previous forcast.

Wyeth to sue Teva Pharmaceuticals for patent infringement over heartburn drug.

Michael Klein investment manager at Pacificer LLC one of three people killed in a plane crash.

Toyota hopes to sell 9.85 million vehicles in 2008.

Budd Foxx

Tuesday, December 25, 2007

7 Stocks you need to know for Wednesday

Wyeth (WYE | charts | news | PowerRating) is suing Teva Pharmaceutical (TEVA | charts | news | PowerRating) in a patent dispute over the generic heartburn drug Protonix (read more).

Merrill Lynch (MER | charts | news | PowerRating) raised $6.2 billion through a private placement of newly issued common stock to S Holdings and Davis Selected Advisors (read more).

In related news, GE Capital, a unit of General Electric (GE | charts | news | PowerRating), is acquiring most of Merrill Lynch's commercial finance business (read more).

Alcoa (AA | charts | news | PowerRating) agreed to sell its packaging and consumer businesses to the Rank Group Ltd. of New Zealand for $2.7 billion (read more).

Pershing Square Capital Management increased its stake in Target (TGT | charts | news | PowerRating) to 9.97% (read more).

United Rentals (URI | charts | news | PowerRating) terminated its merger deal with Cerberus and requested a $100 million termination fee (read more).

A Christmas Greeting

Monday, December 24, 2007

Fertilizer Stocks to Watch

AGU, BG, CF, MOS, MON, POT and TNH

Solar Stocks to Watch

Leading names in the Solar Group include, LDK, YGE, FSLR, SPWR, STP, CSUN, CSIQ, ASTI, SOLF, JASO, TSL

Stocks to Watch

AAPL, AGU, BIDU, CSIQ ICE, MOS, MON

N, FSLR, TEVA, PCU, RIMM, TNH

Sunday, December 23, 2007

Happy Holidays!!!

VIDEO - The Anatomy of Bear Put Spreads

Friday, December 21, 2007

Stock Market Review

7 Stocks you need to know for Monday

One company reporting on Monday is Analytical Surveys (ANLT | charts | news | PowerRating), which reports Q4 2007 earnings.

The credit ratings for Ambac Financial (ABK | charts | news | PowerRating) were placed under review, for a possible downgrade, by Fitch Ratings.

Vermont regulators rejected FairPoint Communications' proposed $2.7 billion buyout of Verizon Communications' (VZ | charts | news | PowerRating) land lines in northern New England, citing concerns about the company's financial viability (read more).

Marsh & McLennan (MMC | charts | news | PowerRating) is looking for a new CEO after Michael Cherkasky, the current President and CEO, was forced to step down due to the company's poor performance in 2007 (read more).

Alliant Energy (LNT | charts | news | PowerRating) announced it is expecting higher earnings in 2008 (read more).

Walgreen (WAG | charts | news | PowerRating) announced a 5.5% rise in Q1 earnings (read more).

Ennis (EBF | charts | news | PowerRating) reported a 4.3% increase in revenues and a 6.9% increase in net income (read more).

CSIQ

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

PBR

Petroleo Braileiro is acting very well in early trading so keep this oil stock on the radar.

FSLR

First Solar, Inc. is close to a break out so keep it on the radar.

X

United States Steel seems to be perking up here so put this stock on that trading radar.

Budd Foxx

GS

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

Budd Foxx

N

NetSuite Inc. began trading yeterday and is acting well here again this morning so put this stock on that trading radar.

Budd Foxx

PCU

Southern Copper is also acting well here in early trading so put this stock on that radar.

Budd Foxx

TSL

Trina Solar is acting well here in early trading so put this stock on that watchlist.

Budd Foxx

ILMN

Illumina Inc. strong out of the gate so keep this stock on that trading radar.

Budd Foxx

Fertilizer Stocks to Watch

AGU, BG, CF, MOS, POT and TNH

RIMM

Research in Motion reported good earnings last night so keep it on the radar today. Keep in mind this is options expiration day and they could pin stocks near the whole numbers.

Pre-Market Movers

RIMM, AAPL, GOOG, BIDU, RESP, CTIC, TIBX

GLON, JASO, SEED, DRYS, PALM, SHPGY, UTSI

SPIL, ETFC, TIBX, N

Upgrades and Downgrades

Upgraded this morning include:

ITRI, GHDX, RIMM, RAD, SGP, RX, and FHN

Downgraded this morning:

GTOP

Budd Foxx

Watch for Breakout

AGU Over $64

COMS
Over $4.55

FSLR Over $256.50

GCA
Over $5.60

OPTV
Over $1.21

POT Over $134.50

STP Over $85

Morning News

Futures are pointing to a higher open this morning.

European markets are trading higher here this morning.

In Tokyo the Nikkei 225 did end higher.

Crude oil is $91.16 per barrel.

Wholesale gasoline is $2.34 per gallon.

Natural gas is $7.12 per unit.

Gold is $808.00 per ounce.

November personal income numbers will be out at 8:30 this morning.

Consumer spending for the month of November will be out at 8:30 this morning.

Core PCE price index will also be released.

Poll on consumer sentiment for the month of December will be released at 10:00 this am.

Yesterday's action saw the Dow gain 38 points, the Nasdaq strong with a 39 point gain, and the S&P 7 points higher.

Today is option expiration day.

Research In Motion earnings more than double for the quarter topping expectations.

Merrill Lynch in talks to get $5 billion cash injection from Tamasek.

Phillips Electronics to buy Respironics for $5.2 billion.

Budd Foxx

Thursday, December 20, 2007

MOS CHART


Look for a continuation on Friday for this security.

Stock Market Review

7 Stocks you need to know for Friday

Research In Motion (RIMM | charts | news | PowerRating) reported Q3 net income more than doubled, and raised its Q4 guidance above estimates (read more).

Jabil Circuit (JBL | charts | news | PowerRating) reported a 50% rise in Q1 profit, and provided guidance for Q2 and FY08 (read more).

Cisco Systems (CSCO | charts | news | PowerRating) announced that Chief Development Officer, Charles Giancarlo, is leaving the company to join Silver Lake Partners. Giancarlo was seen by many as a possible successor to John Chambers, the company's CEO (read more).

Newmont Mining (NEM | charts | news | PowerRating) sold its royalty assets and certain other non-core investments to Franco-Nevada Corporation in a transaction valued at $1.3 (read more).

Sun Bancorp (SNBC | charts | news | PowerRating) announced a $1.1 billion share buyback (read more).

Tibco Software (TIBX | charts | news | PowerRating) Q4 profit declined, but on a non-GAAP basis, earnings rose from the year-ago (read more).

KeyCorp (KEY | charts | news | PowerRating) announced a Q4 charge, but increased its dividend for the 43rd consecutive year (read more).

RIGL

Rigel Pham is acting well today so keep it on the radar.

Stocks in Play

POT, AGU, MOS, CF, BG

N

Netsuite Inc. new issue set to start trading here today so put this stock on that watchlist.

Budd Foxx

BIDU

Baidu.com strong out of the gate this morning so put this stock on that watchlist.

Budd Foxx

ENER

Energy Conversion Devices is trading higher here in pre market trading so keep this stock on that trading radar.

Budd Foxx

RIMM

Research In Motion is acting well here in pre market trading this morning so keep this stock on that watchlist.

Budd Foxx

ORCL

Oracle Corp. beat earnings and the stock is trading up on the news so keep it on the radar.

INFY

Infosys initiated with an Outperform at JMP - tgt $51

WFR

Memc Electronics target raised at UBS to $105 per share so keep it on the radar.

WYNN

Wynn Resorts, Inc. was upgraded by UBS this morning so keep it on the radar.

Pre-Market Gappers

Gapping up:

ECHO +108.1%, CNIC +20.4%, CGEN +18.6%, VOL +18.3%, MLHR +9.1%, LOCM +8.0%, ORCL +6.5%, CPST +6.4%, ACN +5.8%, TSS +5.5%, CRGN +4.9%, NVAX +4.7%, CT +4.3%, SCS +3.9%, ATVI +3.7%, SMOD +3.7%, PIR +3.0%, FDRY +2.8%, NKE +2.7%, CAG +2.5%, NLY +2.2%, MA +2.2%, CLWR +2.1%, WYNN +1.9%, LULU +1.9%, SIGM +1.8%, ETN +1.8%, WPO +1.7%, GM +1.7%, SNCR +1.3%, SNCR +1.2%, PZZA +1.1%...

Gapping down:

ARRY -17.6%, PRST -15.5%, LDK -12.3%, ALTU -10.2%, XING -9.1%, RUTH -8.7%, NFI -8.2%, RAD -8.0%, IDEV -7.8%, FOLD -7.5%, LEG -5.4%, INGN -5.3%, HWAY -4.1%, GNSS -3.6%, FXEN -1.6%, PAYX -1.5%, TRID -1.5%, ATLS -1.5%, HES -1.0%.

MA

Mastercard was upgraded this morning by Bear Sterns so keep it on the radar.

Watch for Breakout

ICLR Over $61.30

FE Over $73.85

FSLR Over $256.50

STP Over $85

Upgrades and Downgrades

Upgraded this morning include:

CBRL, HILL, MA, HPY, WYNN, BKI, HOC, and HBHC

Downgraded this morning include:

VSE, ATLS, FBR, ALTU, and LDK

Budd Foxx

Morning News

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

European markets are trading up a bit today.

In Tokyo the Nikkei 225 did end slightly higher.

Crude oil is $91.62 per barrel.

Wholesale gasoline is $2.34 per gallon.

Natural gas is sitting at $7.18 per unit.

Gold is currently $801.00 per ounce.

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

November leading indicators will be out at 10:00 this morning.

Final release of third quarter GDP will be out today.

December Philly Fed Survey also will be released today.

Yesterday's action saw the Dow give back 25 points, the Nasdaq ended about 5 points higher, and the S&P lost 2 points.

Bank of China lifts interest rates, while the Bank of Japan leaves rates unchanged.

Oracle reports 35% rise in quarterly profit topping all expectations.

Nike also out with a good quarter which topped the street's expectations.

Bear Stearns and FedEx just a couple of companies set to report quarterly results today.

Budd Foxx

Wednesday, December 19, 2007

Stock Market Review

7 Stocks you need to know for Wednesday

Nike (NKE | charts | news | PowerRating) beat earnings on Wednesday afternoon, reporting $0.71 EPS over an expected $0.66 EPS.

Paychex (PAYX | charts | news | PowerRating) also beat earnings on Wednesday, with $0.40 EPS over $0.39 EPS.

Bear Stearns (BSC | charts | news | PowerRating) reports quarterly earnings on Thursday morning before the bell, with traders looking for -$1.79 EPS.

When Carnival (CCL | charts | news | PowerRating) announces quarterly results on Thursday before the bell, look for $0.43 EPS.

FedEx (FDX | charts | news | PowerRating) is looking to report $1.50 EPS on Thursday morning.

Anaylsts will be watching for Rite Aid (RAD | charts | news | PowerRating) to report -$0.07 EPS on Thursday morning before the market opens.

Pier 1 Imports (PIR | charts | news | PowerRating) expects to announce -$0.24 EPS tomorrow morning.

WYNN

Wynn Resorts, Inc. is coming off a bottom and this is the first day up so it could be overnight momentum so keep it on the radar going into the close.

X

US Steel is acting well today so keep it on the radar this afternoon.

CAKE

Cheese Cake Factory, Inc. is acting well in early trading so keep it on the radar.

SOLF

Solar Fun Power is acting very well in early trading so keep it on the radar. This stock has a minor break out over $27.50

AAPL

Apple has gone green here so put this stock on that trading radar.

Budd Foxx

GS

Goldman Sachs seems to be perking up here so put this stock on that trading radar.

Budd Foxx

Solar Stocks to Watch

Leading names in the Solar Group include, LDK, YGE, FSLR, SPWR, STP, CSUN, CSIQ, ASTI, SOLF, JASO, TSL

PCU

Southern Copper Corp. is trading up just a bit here in early trading so keep this stock on that watchlist.

Budd Foxx

LDK

LDK Solar Company is trading higher here in early trading so put this stock on that trading radar.

Budd Foxx

NILE

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

JOYG

Joy Global, Inc. is trading up in pre-market so keep it on the radar.

CSIQ

Canadian Solar broke out yesterday so look for a continuation today.

DGIT

DG Fastchannel, Inc. is trading up in pre-market so keep it on the radar.

Pre-Market Gappers

Gapping up:

CEM +19.4%, DGIT +14.7%, EPEX +12.6%, CIM +4.8%, AMTD +4.1%, ETFC +4.1%, ADPI +3.4%, CVTX +3.4%, GCO +2.5%, OSUR +1.9%, FLEX +1.7%, NILE +1.7%, DYN +1.6%, TTWO +1.5%, SLB +1.4%, NDSN +1.3%, APSG +1.3%, NMX +1.3%, FSIN +1.2%, LMC +1.2%, AGU +1.2%...

Gapping down:

FRPT -25.5%, HOV -10.7%, PALM -10.6%, EXAR -10.2%, DRI -9.2%, RMBS -6.4%, SPAR -5.9%, KMX -5.6%, ADCT -4.8%, UTI -2.8%, RAIL -2.5%, MGRC -2.4%, INFN -2.2%, MTSC -2.1%, XNN -2.1%, STRL -2.0%, BCS -1.9%, UBS -1.8%, TECUA -1.8%, FSII -1.8%, NSM -1.4%, AEA -1.2%, BP -1.0%.

Watch for Breakout

CEDC Over $55.20

CPE
Over $16

GMCR
Over $41.10

FSLR
Over $256.50

STP Over $85

WFR Over $87.50

Upgrades and Downgrades

Upgraded this morning include:

NMX, DOX, CRA, NILE, AGU, MXIM, and PLT

Downgraded this morning include:

TECUA, GLDN, BP, GRP, and EXC

Budd Foxx

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 $90.19 per barrel.

Wholesale gasoline is $2.31 per gallon.

Natural gas is back up to $7.16 per unit.

Gold is currently $805.00 per ounce.

The Energy Dept. will release weekly oil inventory levels at 10:30 this morning.

Yesterday's action saw the Dow end 65 points higher, the Nasdaq was up 21 points, and the S&P finished 9 points higher.

A report is out this morning showing foreclosures are up 68% from one year ago. The report also shows November forclosures are down just a bit from the previous month.

Allstate reportedly saying California fires have resulted in 7,000 claims estimated at about $335 million.

A report is out saying Bear Stearns executives may forgo bonuses this year.

Phillips Electronic has announced a $7.2 billion stock buyback.

Honda will reportedly invest heavily in hybrid vehicle research.

Budd Foxx

Tuesday, December 18, 2007

Stock Market Review

7 Stocks you need to know for Wednesday

Palm (PALM | charts | news | PowerRating) beat earnings expectations on Tuesday afternoon, with -$0.07 EPS versus expectations of -$0.08 EPS.

Take-Two Interactive (TTWO | charts | news | PowerRating) also beat earnings, reporting -$0.10 EPS versus -$0.23 EPS.

Actuant (ATU | charts | news | PowerRating) reports earnings on Wednesday before the bell, with traders looking for $0.48 EPS.

CarMax (KMX | charts | news | PowerRating) announces quarterly results on Wednesday morning; look for $0.17 EPS.

When General Mills (GIS | charts | news | PowerRating) reports results on Wednesday before the market opens, traders will be watching for $1.13 EPS.

Joy Global (JOYG | charts | news | PowerRating) is set to announce $0.75 EPS on Wednesday morning before the bell.

When Morgan Stanley (MS | charts | news | PowerRating) announces quarterly results tomorrow morning, watch for -$0.39 EPS.

WFR


This stock is pushing the high of the day so keep it on the radar going into the close as it could be overnight momentum.

CSIQ


Canadian Solar, Inc. has broken out and made a new 52 week high so keep it on the radar going into the close.

AMZN

Amazon.com, Inc. is acting well this afternoon so keep it on the radar.

NVLS

Novellius Systems, Inc. has a good tone to it today so keep it on the radar.

Ultra Short ETF's

SKF, FXP, TWM and QID

HES

Hess Corp. making a fresh 52 week high here this morning so put this stock on that trading radar.

Budd Foxx

CELG

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

MICC

Millicom International Cellular is acting well today so put it on the radar.

ILMN

Illumina Inc. trading higher here in early trading so put this stock on that watchlist.

Budd Foxx

FSLR

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

BIDU

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

GS Earnings

Goldman Sachs prelim $7.01 vs $6.61 First Call consensus; revs $10.74 bln vs $10.16 bln First Call consensus

Pre-Market Gappers

Gapping up:

ICU +29.8%, WWIN +20.9%, ZANE +14.7%, MFLX +8.1%, IRBT +7.6%, MICC +5.9%, DRYS +5.3%, GMO +5.2%, RRC +3.7%, PHTN +3.4%, RTP +3.4%, SYMC +2.9%, FRX +2.9%, GLF +2.6%, EME +2.6%, BHP +2.5%, MT +2.3%, BBY +2.2%, FSLR +2.2%, GS +2.1%, ADBE +2.1%, STP +2.0%, ERIC +2.0%, CRAY +1.8%, TFSL +1.8%, CHKE +1.8%, MYL +1.8%, NILE +1.8%, IR +1.6%, RIG +1.5%, HOS +1.4%, DVA +1.4%, KWK +1.4%, S +1.4%, OXY +1.3%, WMI +1.2%, RIG +1.2%, CMI +1.1%, ATW +1.1%, DLLR +1.0%, TEVA +1.0%, EQ +1.0%.

BBY

Best Buy has reported good earnings and the stock is trading up on the news so keep it on the radar.

IRBT

IRobot Wins $286 Million U.S. Army Contract

Lehman raises price target on

WFR, STP and JASO

Watch for Breakout

ABAX Over $37.30

BYI Over $44.50

CYH Over $36.50

STP Over $85

Upgrades and Downgrades

Upgraded this morning include:

ADBE, SYMC, DVA, IP, EQ, FRP, OXY, RGLD, EQR, CRUS, FRX, ATW, and GLF

Downgraded this morning include:

ZGEN, NSRGY, LNCR, WIN, CUZ, AZ, CLI, and TT

Budd Foxx

Morning News

Futures are pointing to a higher open this morning.

European markets are trading to the upside so far today.

In Asia most markets traded higher, but in Tokyo the Nikkei 225 did end lower.

Crude oil is $91.60 per barrel.

Wholesale gasoline is $2.35 per gallon.

Natural gas is back above $7.00 per unit.

Gold back up to $802.00 per ounce.

November housing starts will be released at 8:30 this morning.

Yesterday's action saw the Dow give back 172 points, the Nasadaq lost 61 points, and the S&P gave up 22 points.

Federal Reserve to unveil plan today which would help protect people from risky mortgage lending practices.

Goldman Sachs will be releasing quarterly results today.

Adobe Systems reports a 21% rise in profit, and tops 2008 earnings estimates.

Budd Foxx

Monday, December 17, 2007

Stock Market Review

7 Stocks you need to know for Tuesday

Adobe Systems (ADBE | charts | news | PowerRating) beat earnings expectations on Tuesday, report $0.49 EPS over an estimated $0.48 EPS.

Best Buy (BBY | charts | news | PowerRating) reports earnings on Tuesday before the bell, with traders looking for $0.41 EPS.

FactSet (FDS | charts | news | PowerRating) also announces quarterly results on Tuesday morning before the market opens; watch for $0.58 EPS.

When Goldman Sachs (GS | charts | news | PowerRating) reports results tomorrow morning, analysts will be looking for $6.61 EPS.

Analysts will be looking for Darden Restaurants (DRI | charts | news | PowerRating) to report $0.50 EPS after the close on Tuesday.

Take-Two (TTWO | charts | news | PowerRating) is expected to report -$0.23 EPS when the company reports earnings on Tuesday afternoon.

Palm (PALM | charts | news | PowerRating) is looking to announce -$0.06 EPS tomorrow after the close.

Top Performers

ABK /LDK / URI / LTR / TT / ADPI

KONG / PEIX / LCAV / RMBS / IRBT

JASO

JA Solar Holdings, Inc. is in a bullish power trend in early trading so keep it on the radar.

DECK

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

MELI

Mercadolibre, Inc. is once again trading up in pre-market so keep it on the radar today.

AAPL

UBS has raised their target on Apple, Inc. to $235 per share.

Solar Stocks to Watch

Leading names in the Solar Group include, LDK, YGE, FSLR, SPWR, STP, CSUN, CSIQ, ASTI, SOLF, JASO, TSL

Pre-Market Gappers

Gapping up:

ABK +22.8%, TT +19.6%, GRP +18.0%, KONG +14.4%, LDK +11.3%, EMKR +9.5%, NVAX +5.0%, TWB +4.7%, MPG +4.6%, DK +3.1%, GSIC +2.7%, TSL +2.4%, FLEX +2.3%, NILE +2.3%, TSO +2.2%, RMBS +2.0%, HST +2.0%, HUM +2.0%, CYTX +1.9%, AUXL +1.7%, HXL +1.6%, MBI +1.4%, EEFT +1.4%, AGU +1.3%

Gapping down:

PPHM -45.7%, HSOA -19.0%, IR -7.0%, ESLT -4.6%, RTP -3.7%, OUTD -3.4%, ITW -3.4%, CFC -2.9%, CAT -2.8%, CMA -2.8%, ALU -2.7%, MT -2.6%, BHP -2.6%, NOV -2.4%, DAI -2.1%, UBS -2.0%, SIMO -1.9%, GS -1.7%, COF -1.5%, PNC -1.2%, ADY -1.2%, SBUX -1.2%, USB -1.2%.
riverblu: yw

LDK

LDK Solar Co the board finds no inventory errors and the stock is soaring in pre-market so keep it on the radar.

CSUN News

NANJING, China, Dec. 17 /Xinhua-PRNewswire/ -- China Sunergy Co., Ltd. ("China Sunergy" or the "Company") (Nasdaq: CSUN - News), a specialized solar cell manufacturer based in Nanjing, China, announced today that the Company has achieved very encouraging initial results during commercial production of its selective emitter cells.

Upgrades and Downgrades

Upgraded this morning include:

ADTN, TGP, ABK, DK, KR, TSO, AEO, MDU, and AHG

Downgraded this morning include:

USB, MTB, CMA, WFC, WB, PNC, JPM, BAC, WBK, ARTC, UBS, RDN, COF, CFC, MTG, REXMY, PCLN, RVI, and SBUX

Budd Foxx

Watch for Breakout

CEVA Over $11.40

CTR
Over $15.50

FSLR Over $256.50

IMAX
pullback play

STP Over $85

WEL pullback play

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 lose ground.

Crude oil is $91.05 per barrel.

Wholesale gasoline is $2.34 per gallon.

Natural gas is sitting just under $7.00 per unit.

Gold is currently $794.00 per ounce.

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

Friday's action saw the Dow give back 178 points, the Nasdaq lost 32 points, and the S&P fell by 20 points.

Alan Greenspan over the weekend stating he is worried about inflation, and gives a 50/50 chance of a recession.

The Senate has approved legislation which will increase fuel economy standards for autos.

Ingersoll Rand to buy Trane for $10.1 billion.

Toyota Motor to boost global production to nearly 10 million vehicles.

Winter storms blankets the Northeast with wintery mess.

In Sports the New England Patriots remain unbeaten with two games to play. Next week they will play the Miami Dolphins, and on the final weekend of the regular season they will play the New York Giants.

Budd Foxx

Saturday, December 15, 2007

VIDEO - The Anatomy of a Bull Call Spread

Here's a video covering the details of Bull Call Spreads...

VIDEO - The Anatomy of a Bull Call Spread

http://www.leavittbrothers.com/.

Stock Market Review

7 Stocks you need to know for Monday

Adobe Systems (ADBE | charts | news | PowerRating) reports earnings on Monday before the bell, with traders looking for $0.48 EPS.

When Spartech (SEH | charts | news | PowerRating) announces quarterly results on Monday morning, analysts will be watching for $0.01 EPS.

Black & Decker (BDK | charts | news | PowerRating) fell over 6% on Friday, after lowering its profit forecast for Q4 and the full year.

CDC Corporation (CHINA | charts | news | PowerRating) plummeted 17% after missing analyst earnings estimates on Friday morning.

Evergreen Solar (ESLR | charts | news | PowerRating) ralled 12% after announcing plans to purchase enough refined silicon to produce 1,000 megawatts of modules by 2012.

JA Solar Holdings (JASO | charts | news | PowerRating) also rallied 12% after projecting the company will beat analyst estimates for Q4.

Quiksilver (ZQK | charts | news | PowerRating) fell 10% on Friday after missing earnings estimates on Friday morning.

Friday, December 14, 2007

CSIQ

Canadian Solar, Inc. has a good tone to it today so keep it on the radar.

CSUN

China Sunenergy Company is acting well today so keep it on the radar.

MELI

Mercado Libre acting very well here in early trading so put this stock on that watchlist.

Budd Foxx

ENER

Energy Conversion Devices is acting well here early so put this stock on that trading radar.

Budd Foxx

LEAP

Leap Wireless is trading up in pre so keep it on the radar.

BMRN

Biomarin Pharm is trading up in pre-market so keep it on the radar.

Solar Stocks to Watch

Leading names in the Solar Group include, LDK, YGE, FSLR, SPWR, STP, CSUN, CSIQ, ASTI, SOLF, JASO, TSL

RIGL

Rigel Pharm was upgraded this morning by Lehman so keep this momentum player on the radar today. Also upgraded this morning at Jeffries with a price target of $32 per share.

Pre-Market Gappers

Gapping up:

LUM +29.2%, EXAS +25.9%, ESLR +15.8%, BMRN +14.2%, CISG +14.1%, DSCM +12.2%, MELI +10.0%, CBAK +10.0%, LEAP +9.8%, BMTI +8.6%, CSUN +6.8%, CBAK +6.7%, Q +6.3%, CHINA +4.6%, LINE +3.3%, CLNE +3.0%, TRN +2.8%, OSIP +2.5%, CAVM +2.4%, CSR +2.3%, ISIS +2.1%, HOLX +1.8%, BCRX +1.6%, JBLU +1.4%, BSX +1.4%, APC +1.2%, AMGN +1.2%, HL +1.2%, CYNO +1.0%, CMO +1.0%...

ESLR

Evergreen Solar Stock Rises As UBS Analyst Initiates at 'Buy' Citing Potential for Growth

Upgrades and Downgrades

Upgraded this morning include:

UNTD, JBX, RIGL, HL, and AFFX

Downgraded this morning include:

EXC, GSIC, NBIX, HWD, FTO, DVN, KWK, EOG, NFX, MI, and RMIX

Budd Foxx

Watch for Breakout

AYE Over $63.60

CF
Over $100

CYBS
Over $17.60

CRM Over $60

CRL
Over $65.50

PODD Over $25.60

STP
Over $85

CHARTS

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 finish lower.

Crude oil is $92.64 per barrel.

Wholesale gasoline is $2.38 per gallon.

Natural gas is sitting at $7.18 per unit.

Gold has pulled back to $796.00 per ounce.

November consumer price index will be releasaed at 8:30 this morning.

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

Yesterday's action saw the Dow come from about 120 points down at one point in the day to close 41 points higher. The Nasdaq ended the day just about 3 points higher.

International Energy Agency has revised 2007 oil demand lower by 60,000 barrels a day.

FDA rejects Merck & Company cholestrol drug Mevacor for over the counter use.

Qwest Communications declares dividend for first time in six years.

Nintendo's gaming console WII has sold nearly 1 million units in the month of November.

JetBlue to sell 19% stake of the company to Luftansa.

Budd Foxx

Thursday, December 13, 2007

Stock Market Review

7 Stocks you need to know for Friday

Leap Wireless (LEAP | charts | news | PowerRating) beat earnings on Thursday afternoon, announcing -$0.09 EPS versus -$0.15 EPS.

Novell (NOVL | charts | news | PowerRating) also beat earnings, reporting $0.06 EPS over $0.04 EPS.

Quiksilver (ZQK | charts | news | PowerRating) missed earnings on Thursday, with $0.51 EPS versus $0.52 EPS.

CDC Corporation (CHINA | charts | news | PowerRating) reports earnings on Friday before the market opens, with traders looking for $0.08 EPS.

Amtech Systems (ASYS | charts | news | PowerRating) dropped more than 25% on Thursday after announcing Q1 projections which did not meet analyst expectations.

Countrywide Financial (CFC | charts | news | PowerRating) fell more than 5% on Thursday after announcing that foreclosures doubled in November and late payments continue to rise.

Dow Chemical (DOW | charts | news | PowerRating) jumped 7% today after announcing plans to allow Kuwait to buy half of Dow's plastics division for $9.5 billion.

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