Monday, December 31, 2007
Pre-Market Gappers
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%.
Morning News
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
VIDEO - Our First 10 Option Trades
VIDEO - The Anatomy of a Bear Put Spread
VIDEO - The Anatomy of a Bull Call Spread
http://www.leavittbrothers.com/.
Shipping Stocks to Watch
AAPL
Budd Foxx
Solar Stocks to Watch
Pre-Market Gappers
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
Morning News
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
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.
AAPL
Budd Foxx
MOS
Budd Foxx
5 Hot Stocks
Pre-Market Gappers
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%...
Watch for Breakout
ASTI Over $22.50
BGY Over $17.50
CSUN Over $16.70 or continuation
COHU Over $16.40
Morning News
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
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.
CSUN
MELI
RIGL
Budd Foxx
AGU
Budd Foxx
Solar Stocks to Watch
Pre-Market Gappers
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
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
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).
Monday, December 24, 2007
Solar Stocks to Watch
Sunday, December 23, 2007
VIDEO - The Anatomy of Bear Put Spreads
VIDEO - The Anatomy of a Bear Put Spread
VIDEO - The Anatomy of a Bull Call Spread
http://www.leavittbrothers.com/.
Friday, December 21, 2007
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).
GS
Budd Foxx
N
Budd Foxx
PCU
Budd Foxx
RIMM
Pre-Market Movers
GLON, JASO, SEED, DRYS, PALM, SHPGY, UTSI
SPIL, ETFC, TIBX, N
Upgrades and Downgrades
ITRI, GHDX, RIMM, RAD, SGP, RX, and FHN
Downgraded this morning:
GTOP
Budd Foxx
Watch for Breakout
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
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
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).
N
Budd Foxx
ENER
Budd Foxx
RIMM
Budd Foxx
Pre-Market Gappers
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%.
Upgrades and Downgrades
CBRL, HILL, MA, HPY, WYNN, BKI, HOC, and HBHC
Downgraded this morning include:
VSE, ATLS, FBR, ALTU, and LDK
Budd Foxx
Morning News
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
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
SOLF
Solar Stocks to Watch
PCU
Budd Foxx
LDK
Budd Foxx
Pre-Market Gappers
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
CPE Over $16
GMCR Over $41.10
FSLR Over $256.50
STP Over $85
WFR Over $87.50
Upgrades and Downgrades
NMX, DOX, CRA, NILE, AGU, MXIM, and PLT
Downgraded this morning include:
TECUA, GLDN, BP, GRP, and EXC
Budd Foxx
Morning News
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
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.
HES
Budd Foxx
ILMN
Budd Foxx
GS Earnings
Pre-Market Gappers
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
Upgrades and Downgrades
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
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
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.
Solar Stocks to Watch
Pre-Market Gappers
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
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
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
CTR Over $15.50
FSLR Over $256.50
IMAX pullback play
STP Over $85
WEL pullback play
Morning News
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
VIDEO - The Anatomy of a Bull Call Spread
http://www.leavittbrothers.com/.
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
MELI
Budd Foxx
ENER
Budd Foxx
Solar Stocks to Watch
RIGL
Pre-Market Gappers
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%...
Upgrades and Downgrades
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
CF Over $100
CYBS Over $17.60
CRM Over $60
CRL Over $65.50
PODD Over $25.60
STP Over $85
CHARTS
Morning News
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