Wednesday, April 30, 2008

Stock Market Review

7 Stocks you need to know for Thursday

Exxon-Mobil (XOM | news | PowerRating | PR Charts ) is scheduled to report earnings on Thursday before the market opens, with analysts expecting EPS of $2.13.

Buffalo Wild Wings (BWLD | news | PowerRating | PR Charts ) soared some 19% in trading today after announcing the company would meet its profit growth forecast for the year.

Higher fuel and raw materials costs were blamed by Colgate-Palmolive (CL | news | PowerRating | PR Charts ) for the stock's 5% drop on Wednesday.

A smaller than expected loss helped shares of General Motors (GM | news | PowerRating | PR Charts ) rally by more than 9% in Wednesday's trading.

Eastman Kodak (EK | news | PowerRating | PR Charts ) reports earnings Thursday morning before the bell. Analysts are expecting a loss of $0.03 per share.

Starbucks (SBUX | news | PowerRating | PR Charts ) reported second quarter earnings of $0.15 per share on Wednesday after the close of trading. The company says restructuring costs negatively impacted profits in Q2.

GOOG

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

V

Visa, Inc. continues to act very well so keep it on the radar.

Solar Stocks to Watch

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

FSLR

First Solar Inc (FSLR.O: Quote, Profile, Research) raised its full-year 2008 revenue forecast to between $975 million and $1.05 billion from its previous estimate of $900 million to $950 million, Chief Financial Officer Jens Meyerhoff told a conference call on Wednesday. The stock is trading up on the news so keep it on the radar.

PBR

Petrobras Brazil confident over deep water oil well

PNRA

Panera Bread Company reported good earnings and then raised forward guidance and the stock is trading up on the news so keep it on the radar.

S&P 500 CHART

Pre-Market Gappers

Gapping up:

STAR +17.6%, ALGN +13.1%, HS +12.0%, BWLD +11.5%, TRLG +10.3%, PLT +10.0%, SIMO +9.2%, DBTK +9.0%, PNRA +7.4%, AUDC +6.2%, GM +5.9%, DWA +4.9%, ABK +4.8%, FLEX +3.8%, BMRN +3.6%, MPWR +3.1%, NETL +2.9%, CYBS +2.9%, ARRS +2.7%, CRDC +2.1%, PH +1.3%, CAG +1.0%...

Gapping down:

VVS -16.1%, FORM -15.5%, HTCH -11.0%, VPRT -10.9%, ROCM -10.0%, USU -9.6%, ALU -8.1%, ARAY -7.9%, JLL -6.8%, GRMN -6.3%, SAP -6.3%, FEIC -6.3%, CRAY -5.7%, FSLR -4.4%, ESRX -3.5%, XPRT -3.3%, STI -2.9%, C -2.8%, OSG -2.7%.

BWLD

Buffalo Wild Wings, Inc. reported good earnings and the stock is trading up on the news so keep it on the radar.

Upgrades and Downgrades

Upgrades:

BWLD, LMIA, RCI, AEM, VIMC, ANPI, SNN

SLW, DENN, RBA, JRCC, MI, BP, FTE, KNOT

Downgrades:

VLO, FEIC, SWS, TMA, CREL, MSO, DRH, HCP

SOHU, GRC, DRH, OMI, CBS, LEA, CHT, UNM

WFR

Morning News

Futures are pointing to a slightly lower open

Asian Markets are trading lower

European Markets are trading lower

Crude Oil is currently $115.00 per barrel

Gold is trading down and is $868 per ounce

8:15 AMADP EmploymentApr---60K8K-
Apr 308:30 AMGDP-Adv.Q1-0.7%0.5%0.6%-
Apr 308:30 AMChain Deflator-Adv.Q1-3.0%3.0%2.4%-
Apr 308:30 AMEmployment Cost IndexQ1-0.8%0.8%0.8%-
Apr 309:45 AMChicago PMIApr-49.047.548.2-
Apr 3010:30 AMCrude Inventories04/26-NANA2421K-
Apr 302:15 PMFOMC Policy Statement

Tuesday, April 29, 2008

Stock Market Review

7 Stocks you need to know for Wednesday

Visa (V | news | PowerRating | PR Charts ) rose more than 6% after reporting Q2 earnings of $0.52, beating the consensus estimate by $0.07.

Shares of MasterCard (MA | news | PowerRating | PR Charts ) surged more than 12% after the company delivered much better than expected earnings.

The Food and Drug Administration (FDA) rejected the Merck's (MRK | news | PowerRating | PR Charts ) application for a new drug. MRK lost more than 10%.

After the close, Express Scripts (ESRX | news | PowerRating | PR Charts ) reported earnings of $0.70, beating estimates by $0.03.

Flextronics (FLEX | news | PowerRating | PR Charts ) also beat estimates by $0.03 per share.

Before the market open, Procter & Gamble (PG | news | PowerRating | PR Charts ) is scheduled to report, with analysts looking for $0.81.

And, General Motors (GM | news | PowerRating | PR Charts ) is expected to report a loss of -$1.54.

V

Visa, Inc. is acting very well this afternoon so keep it on the radar going into the close.

AAPL

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

Railroad Stocks to Watch

BNI, NSC, RAIL and UNP

RIMM

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

BIDU

Baidu.com is acting well in early trading so keep it on the radar.

X Earnings

X prelim $1.98 vs $1.81 First Call consensus; revs $5.20 bln vs $5.09 bln First Call consensus

MA Earnings

MA prelim $3.01, ex items vs $2.00 First Call consensus; revs $1.18 bln vs $1.07 bln First Call consensus

FWLT CHART


FWLT has a minor break out point over $70 per share so keep it on the radar this week.

Pre-Market Gappers

Gapping up:

ACTU +9.6%, FLS +9.1%, ACTS +8.4%, APOG +6.8%, RDS.A +5.8%, TXRH +5.5%, TSON +4.0%, MCHP +3.8%, GTLS +3.8%, TSO +2.8%, ABT +2.7%, GPRO +2.2%, ETN +1.3%...

Gapping down:

DGII -11.9%, LDSH -11.1%, UCTT -10.8%, TRID -10.4%, MDR -9.7%, CHINA -7.2%, AATI -6.7%, TITN -6.4%, SFN -6.2%, V -5.9%, MRK -5.3%, DHT -4.9%, THC -4.6%, FHN -3.5%, ININ -3.0%, ATHR -2.8%, FTI -2.5%, HIG -2.5%, PRE -2.3%, ABB -2.3%, POT -1.6%, DB -1.4%, NOK -1.2%.

Upgrades and Downgrades

Upgrades:

BVN, AEP, WB, MNTA

Downgrades:

TUNE, POT, NHYDY, SILC, THC, CPN

SUN, WWY, CBG, SYMC,

Morning News

Futures are pointing to a lower open

European Markets are mixed

Asian Markets closed higher on the day

Consumer Confidence at 10am market expects 61.0

Oil is $117.80 per barrel

Gold is $888.00 per ounce

Monday, April 28, 2008

Stock Market Review

7 Stocks you need to know for Tuesday

Shares of WM. Wrigley Jr. (WWY | news | PowerRating | PR Charts ) surged more than 23% after the company reported earnings that beat estimates and agreed to a $23 billion merger with privately held Mars.

Ford (F | news | PowerRating | PR Charts ) shares jumped nearly 10% after Kirk Kerkorian's Tracinda announced it owns 4.7% of the company and plans to increase its holding.

After the close, Hartford Financial (HIG | news | PowerRating | PR Charts ) beat estimates by $0.05.

Visa (V | news | PowerRating | PR Charts ) reported Q2 earnings of $0.52 after the close, beating the consensus estimate by $0.07.

Before the market open and hot on the heels of Visa's numbers, MasterCard (MA | news | PowerRating | PR Charts ) is scheduled to report earnings of $1.99 per share.

Valero Energy (VLO | news | PowerRating | PR Charts ) is also due to report, with analysts looking for $0.29.

And finally, Archer Daniels Midland (ADM | news | PowerRating | PR Charts ) is expected to report earnings of $0.70.

AMZN

Amazon.com is acting well today so keep it on the radar going into the close.

AAPL

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

Seeing some strength in Shippers

Several names in the group have been working high off morning lows over the last 10 minutes or so -- NM +2.7%, DRYS +2.5%, OSG +2%, DSX +1.7%, NAT +1.6%, FRO +1.5%, EXM -1.3%, TBSI -1.9%.

RIMM

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

GOOG

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

ISRG

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

V

Visa, Inc. will report earnings after the bell today.

DRYS CHART


DRYS has a minor break out over $87.50 range so keep it on the radar this week.

SOHU

SOHU Sohu.com beats by $0.18, beats on revs; guides Q2 EPS above consensus, revs above consensus

Pre-Market Gappers

Gapping up:

WWY +25.4%, OSTE +12.2%, SOHU +11.6%, F +7.3%, ABK +3.6%, CMI +2.9%, LMC +2.9%, DISCA +2.8%, V +2.4%, MT +1.6%, ERIC +1.5%, PCP +1.2%, AAUK +1.0%...

Gapping down:

DEEP -12.0%, MEDX -12.0%, CAL -5.1%, ETFC -2.0%, AIG -1.6%.

Break Out List Video Market Technical Analysis

Upgrades and Downgrades

Upgraded this morning include:

MRVL, FED, CS, PCZ, BIG, ALTR, and ERIC

Downgraded this morning include:


BEBE, ZZ, GT, CSH, KSS, RY, NTRS, ERIC, SHPGY, CHRT, MBFI, WRI, and SIRT

Budd Foxx

Morning News

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

European markets are trading higher so far today.

In Tokyo the Nikkei 225 did end just a bit higher.

Friday's action saw the Dow close 42 points higher, the Nasdaq lost 5 points, and the S&P gained 9 points.

Reports are out that Mars and Berkshire Hathaway are close to buying WM Wrigley Jr Company.

Microsoft and Yahoo let three week deadline pass.

Continental Airlines reportedly not seeking merger.

Two trains in China collide killing 66 people and injuring many more.

Chakib Khelil OPEC president saying $200.00 oil is a possibility due to the fall in the dollar.

Crude oil is $119.00 per barrel.

Wholesale gasoline is $3.04 per gallon.

Natural gas is now $11.07 per unit.

Gold is $893.00 per ounce.

Budd Foxx

Sunday, April 27, 2008

VIDEO - Should Yahoo Sell to Microsoft

In this week's video I offer my 2 cents about Microsoft's desire to buy Yahoo...

VIDEO - Should Yahoo Sell to Microsoft

Here's a summary of ETFs...

Report - ETF Summary

Here are many of our favorite Jesse Livermore quotes...

Report - Jesse Livermore Quotes

http://www.leavittbrothers.com/

Friday, April 25, 2008

Stock Market Review

7 Stocks you need to know for Monday

American Express (AXP | news | PowerRating | PR Charts ) rose nearly 6% after reporting earnings that beat expectations by $0.03 and reaffirming guidance.

Microsoft (MSFT | news | PowerRating | PR Charts ) fell more than 6% despite beating estimates by $0.03 and issuing guidance above consensus.

Shares of Baidu.com (BIDU | news | PowerRating | PR Charts ) jumped more than 6% after the company reported earnings that were in-line with estimates.

LM Ericsson (ERIC | news | PowerRating | PR Charts ) surged 13.5% after reporting first quarter revenues rose, and income fell less-than-expected.

Before the market open on Monday, Humana (HUM | news | PowerRating | PR Charts ) is expected to report earnings of $0.45.

The forecast for Loews Corp. (LTR | news | PowerRating | PR Charts ) is $1.15.

And, Verizon (VZ | news | PowerRating | PR Charts ) is scheduled to report earnings, with analysts looking for $0.62.

SWN

Southwestern Energy, In. is acting very well today so keep it on the radar this afternoon.

POT

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

BUCY

BucyRus out with quarterly results this morning, and the stock is on the move so keep it on that trading radar.

Budd Foxx

GS

Goldman Sachs, Inc. continues to act well so keep it on the radar. This stock has resistance at the 200 dma around the $196.50 price range.

V

Visa, Inc. is trading up in pre-market so keep it on the radar. Visa and Mastercard (MA) will report earnings on Monday.

AXP

American Express, Inc. reported good earnings last night and the stock is trading up on the news so keep it on the radar.

BIDU

Baidu.com is on the move here early so put this stock on that trading radar. Susquehanna raised their tgt on BIDU to $420 from $375 following earnings, noting Baidu Union and monetization improvement drove Q1 revenue upside... Citigroup upgraded BIDU to Buy from Hold with the seasonally weakest quarter behind us, and Japan and C2C costs well under management's control. The firm says BIDU benefited in 1Q08 from conservative guidance, the effects of an early CNY (offsetting the snowstorms impact), and the bringing of key sales regions in-house.


Budd Foxx

Pre-Market Gappers

Gapping up:

PGNX +26.9%, ERIC +21.4%, DECK +11.0%, TRMB +8.2%, ABK +8.2%, VISN +7.0%, ACF +6.8%, IBKR +6.6%, ARBA +6.6%, DV +6.5%, ALU +6.0%, PKI +5.5%, TRN +4.8%, AXP +4.5%, BIDU +4.4%, SWN +3.8%, OTTR +3.8%, JNPR +3.7%, SOHU +3.4%, DDUP +2.8%, AFFX +2.8%, GT +2.8%, BUCY +2.7%, MCRL +2.7%, GSK +2.6%, CVA +2.6%, BIDU +2.2%, UHS +1.7%, RVBD +1.5%, BP +1.4%...

Gapping down:

CHE -15.5%, SIRF -11.9%, NTGR -11.1%, QUIK -9.1%, SYNA -8.4%, AMX -7.9%, NTY -6.5%, CF -5.7%, RIO -5.0%, MSFT -5.0%, GNW -4.3%, WDC -4.2%, VSEA -4.1%, SHPGY -3.9%, ELX -3.9%, WFR -3.6%, FED -2.9%, FII -2.9%, RMBS -2.4%, EZPW -2.4%, RACK -2.1%, HITT -2.0%, SYT -1.9%, MO -1.8%.

Upgrades and Downgrades

Upgraded this morning include:

SNV, HMA, THC, NOC, SOHU, BIDU, IPCC, PFWD, NEM, VM, NOC, AET, HHS, and JNS

Downgraded this morning include:

EME, F, BJRI, EGP, DDR, and RYN

Budd Foxx

Morning News

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

European markets are trading higher today.

In Tokyo the Nikkei 225 did end higher.

University of Michigan's consumer confidence poll for April will be released this morning.

Yesterday's action saw the Dow tack on 85 points, the Nasdaq added 23 points, and the S&P closed 8 points higher.

Microsoft out with soft quarterly results. The company now saying current quarter will come in below expectations.

Dollar continues to gather strength against major currencies.

Treasury Dept. to begin mailing rebate checks as early as next week.

Wesley Snipes gets three years for failing to report income taxes.

Crude oil is back up to $117.00 per barrel.

Wholesale gasoline is $3.02 per gallon.

Natural gas is $10.77 per unit.

Gold back down to $887.00 per ounce.

Budd Foxx

Thursday, April 24, 2008

Stock Market Review

7 Stocks you need to know for Friday

Ford Motor (F | news | PowerRating | PR Charts ) surged nearly 12% after the company reported a surprising first-quarter profit.

Amazon.com (AMZN | news | PowerRating | PR Charts ) reported earnings of $0.34, beating estimates by $0.02.

After the market close, American Express (AXP | news | PowerRating | PR Charts ) reported earnings that beat expectations by $0.03 and reaffirmed guidance.

Microsoft (MSFT | news | PowerRating | PR Charts ) beat estimates by $0.03 and issued guidance above consensus.

And, Baidu.com (BIDU | news | PowerRating | PR Charts ) reported earnings that were in-line with estimates.

Before the market open, Goodyear Tire (GT | news | PowerRating | PR Charts ) is scheduled to report, with analysts looking for $0.47 per share.

LM Ericsson (ERIC | news | PowerRating | PR Charts ) is also due to announce, $0.28 is the consensus forecast.

AAPL

Apple, Inc. has a good tone after reporting earnings yesterday so keep it on the radar.

GS

Goldman Sachs, Inc. is acting well in early trading so keep it on the radar. This stock has a minor break out point over $185 per share.

V

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

TROW

T Rowe Price is on the move here early so put this stock on that watchlist.

Budd Foxx

GR

Goodrich Corp. acts very well here in early trading so put it on that trading radar.

Budd Foxx

ICE

Intercontinental Exchange up a bit early so put this on that trading radar.

Budd Foxx

MA

Mastercard Inc. is trading up a bit here so keep it on that trading radar.

Budd Foxx

ADSK

Autodesk Inc. has a good tone to it early so keep it on that trading radar.

Budd Foxx

BG

Bunge reports Q1 (Mar) results, beats on revs; guides FY08 EPS (119.69 ) : Reports Q1 (Mar) earnings of $2.10 per share, includes gains, charges, may not be comparable to the First Call consensus of $1.14; revenues rose 69.8% year/year to $12.47 bln vs the $11.42 bln consensus. Co issues guidance for FY08, sees EPS of $7.10-7.40, compared to previous guidance of $6.01-6.30, vs. $6.85 consensus.

POT

Potash beats by $0.22, beats on revs; guides Q2 EPS in-line; guides FY08 EPS above consensus (204.12 ) : Reports Q1 (Mar) earnings of $1.74 per share, $0.22 better than the First Call consensus of $1.52; revenues rose 63.7% year/year to $1.89 bln vs the $1.67 bln consensus. Co issues in-line guidance for Q2, sees EPS of $2.20-2.50 vs. $2.30 consensus. Co issues upside guidance for FY08, sees EPS of $9.50-10.50 vs. $8.84 consensus.

Pre-Market Gappers

Gapping up:

EPIX +28.2%, WIRE +21.3%, LSI +19.0%, SLTC +9.8%, ABK +8.1%, BVF +7.4%, EQIX +7.0%, FFIV +7.0%, SKX +6.8%, ASIA +6.1%, ABB +6.0%, ADSK +5.5%, COMV +5.1%, F +4.9%, GDI +4.5%, FMC +3.9%, KEX +3.6%, AXYS +3.3%, PRXL +3.2%, NE +2.6%, TEX +2.5%, CPX +2.4%, CDNS +2.3%, BG +2.3%, NEU +2.0%, BEZ +1.8%, SGR +1.3%, WOOF +1.2%, NRG +1.0%...

Gapping down:

PLXS -15.4%, SCSS -13.0%, SBUX -11.0%, WHR -8.8%, MCRI -7.9%, EXTR -7.6%, ICO -7.6%, TSCO -7.0%, XLNX -6.2%, EWBC -5.3%, AMZN -5.2%, QDEL -5.1%, PTV -5.0%, AZN -4.6%, RTP -3.9%, GOLD -3.9%, CTXS -3.7%, MOT -3.7%, ASML -3.5%, SANM -3.4%, SOV -3.3%, BHP -3.0%, BCR -3.0%, NTRI -3.0%, CMG -2.6%, NOK -2.5%, GSK -2.5%, PHM -2.3%, MRCY -2.2%, QCOM -2.1%, VMW -2.0%, ADS -1.5%, MT -1.1%.

Break Out List Video Market Technical Analysis

Upgrades and Downgrades

Upgrades:

QLTI, RE, RFMD, LVLT, ZION

Downgrades:

JAKK, TER, TOMO, XMSR, BBSI, EGP

SNAK, NEU, DTV, TTWO, MFB, FMBI and TLAB

Wednesday, April 23, 2008

Earnings

Some of the bigger names reporting earnings on Thursday include:

AXP, BG, BEN, BIDU, BUCY, CF, DOW, DECK,

HOT, F, LLL, LIFC, JNPR, MO, MSFT,

MOT, NEM, PEP, PENN, POT, RACK, RMBS

SU, WDC, WHR and WFR

4/24/08 Earnings

Stock Market Review

7 Stocks you need to know for Thursday

Ambac Financial (ABK | news | PowerRating | PR Charts ) announced a first quarter loss of -$6.93 per share, missing estimates by a whopping $5.42.

Delta Air Lines (DAL | news | PowerRating | PR Charts ) and Northwest Airlines (NWA | news | PowerRating | PR Charts ) announced plans to merge last week, but first, both companies reported massive losses of $6.4 billion and $4.1 billion respectively.

After the market close, Amazon.com (AMZN | news | PowerRating | PR Charts ) reported earnings of $0.34, beating estimates by $0.02.

Apple (AAPL | news | PowerRating | PR Charts ) announced better-than-expected results, beating consensus estimates by $0.09.

Before the market open, 3M (MMM | news | PowerRating | PR Charts ) is scheduled to report earnings of $1.35 per share.

Ford Motor (F | news | PowerRating | PR Charts ) is expected to announce a loss of -$0.16.

BIDU

Baidu.com is on the move the company will report quarterly results on Thursday so keep it on that trading radar.

Budd Foxx

RJF

Raymond James Financial has a very good tone to it this morning so keep it on that watchlist.

Budd Foxx

AAPL

Apple, Inc. will report earnings after the bell today.

VMW

Vmware, Inc. is acting well today after reported good earnings last night so keep it on the radar.

ILMN

Illumina strong out of the gate this morning so keep it on that trading radar.

Budd Foxx

BRCM

Broadcom Corp. acts well here early so keep it on that trading radar.

Budd Foxx

DRYS

DryShips, Inc. could follow through today so keep it on the radar.

FXI

iShares FTSE/China 25 Index ETF is trading up in pre-market so keep it on the radar.

IPI

Intrepid Potash, Inc. is trading up in pre-market this morning so keep it on the radar.

AWK

American Water (AWK), a water and wastewater utility co, prices its 58 mln share IPO at $21.50/share, which is slightly below the $22-23 range (note this range had been lowered from the original range of $24-26/share)

Pre-Market Gappers

Gapping up:

REST +172.7%, SIRT +81.3%, ANAD +21.2%, CYMI +18.8%, VMW +14.6%, MOLX +12.9%, FRPT +10.2%, SWKS +9.6%, CEC +8.8%, CERN +8.3%, BRCM +7.6%, ACH +6.9%, RJF +6.3%, EMC +6.0%, IVGN +5.4%, PPDI +5.2%, PTR +5.1%, TUP +4.6%, RMBS +4.4%, ILMN +4.2%, LFC +4.0%, ITRI +2.8%, SGP +2.1%, NUVA +2.1%, EP +2.0%, CHRW +1.9%, NBR +1.8%, SIAL +1.8%...

Gapping down:


TSFG -16.3%, INFN -12.7%, CREE -11.8%, RCRC -9.8%, ABK -8.8%, ODFL -7.6%, XL -5.9%, RBS -5.7%, RGR -3.4%, NSC -3.3%, AMP -2.6%, VOCS -2.5%, DB -2.5%, EW -1.4%, HBC -1.4%, UBS -1.1%.

Upgrades and Downgrades

Upgraded this morning include:

EAT, CNB, SII, EW, STI, MHS, and CERN

Downgraded this morning include:


AMX, ORLY, DFG, AMP, BVF, MDP, SPPI, REP, and STLD

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 just a bit higher.

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

Yesterday's action had the Dow giving back 104 points, the Nasdaq lost 31 points, and the S&P closed 12 points lower.

Hillary Clinton wins Pennsylvania primary.

Yahoo. Inc. out with quarterly results which just topped expectations.

Ambac Financial Group reports $1.66 billion loss on big writeoff.

Boeing will report results before the open this morning.

Apple will be out with quarterly results tonight.

Mortgage applications drop over the past week.

Crude oil is currently $117.54 per barrel.

Wholesale gasoline is $2.99 per gallon.

Natural gas is $10.53 per unit.

Gold is sitting at $918.00 per ounce.

Budd Foxx

Tuesday, April 22, 2008

Stock Market Review

7 Stocks you need to know for Wednesday

CME Group (CME | news | PowerRating | PR Charts ) plunged nearly 9% after the company reported earnings that missed estimates and disappointed investors.

Shares of Texas Instruments (TXN | news | PowerRating | PR Charts ) fell nearly 6% after the company issued a weaker-than-expected second quarter forecast.

DuPont (DD | news | PowerRating | PR Charts ) reported earnings that beat estimates by $0.03 and issued guidance in-line, however, DD shares declined more than 4%.

After the market close, Yahoo! (YHOO | news | PowerRating | PR Charts ) reported earnings that beat estimates by $0.02 and reaffirmed guidance.

And, YUM! Brands (YUM | news | PowerRating | PR Charts ) also beat estimates by $0.02.

Before the market open, Boeing (BA | news | PowerRating | PR Charts ) is scheduled to report earnings, with analysts looking for $1.35 per share.

UPS (UPS | news | PowerRating | PR Charts ) also reports before the open, and the consensus estimate is $0.87.

Earnings

Today after the close, of the many companies scheduled to report, some of the bigger names include:

RNT, AMSG, BRCM, CREE, IVGN, NSC, VMW, XL, YHOO, and YUM.

Tomorrow before the open of the many companies scheduled to report, some of the bigger names include:

APD, ATI, ABK, BIIB, BA, DAL, EMC, FCL, GD, GENZ, GSK, SGP, SLGN, WLP, XTO, ZBRA, and ZOLL.

DRYS CHART


Dryships, Inc. if this stock is pushing the high of the day near the close it could be overnight momentum so keep it on the radar this afternoon. Other stocks in the same group are: EXM and GNK

FCX

Freeport-McMoran Copper & Gold is acting well today after Lehman had positive comments so keep it on the radar.

WYNN

Wynn Resorts also acting well here this morning so keep it on that trading radar.

Budd Foxx

LVS

Las Vegas Sands strong out of the gate this morning so keep it on that trading radar.

Budd Foxx

MICC

Millicom International is acting very well in early trading so keep it on the radar.

BTU

Peabody Energy has a good tone in early trading so keep it on the radar.

GOOG

Google is trading higher here in early trading so put it on that watchlist.

Budd Foxx

PCU

Southern Copper, Corp. has a good tone in early trading so keep it on the radar.

Fertilizer Stocks to Watch

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

FSLR

First Solar has broken out and made a new 52 week high so keep it on the radar.

TEX CHART


TEX is once again trading above the 200 dma which is considered bullish. A little consolidation here and it could move higher so keep it on the radar this week.

IPI

Intrepid Potash (IPI), a producer of crop nutrients, prices its 30 mln share IPO at $32/share, well above the forecast range of $27-$29/share.

AKS

AKS prelim $0.90 vs $0.82 First Call consensus; revs $1.79 bln vs $1.78 bln First Call consensus

S&P 500 CHART

Pre-Market Gappers

Gapping up:

ZRAN +12.8%, ICO +11.0%, FOE +10.9%, VLTR +10.1%, BMTI +9.0%, BSX +4.7%, MHS +4.6%, MICC +4.4%, WGOV +4.0%, LOGI +3.7%, NBR +3.4%, CE +3.2%, TTEK +2.9%, IFX +2.2%, VE +2.2%, ALB +2.2%, STLD +1.8%, ARTC +1.3%, DD +1.0%, LMT +1.0%...

Gapping down:

OMCL -23.4%, CIT -13.7%, NFLX -13.3%, QI -13.2%, BRKR -11.7%, BJS -9.5%, UNH -8.1%, PKG -8.0%, NVLS -5.0%, VNUS -4.5%, ALO -4.4%, CNI -4.3%, RBS -3.9%, CME -3.3%, GENZ -2.8%, TXN -2.3%, ING -2.2%, USNA -1.6%, DB -1.5%, OMG -1.2%, CPO -1.2%.

Break Out List Video Market Technical Analysis

Upgrades and Downgrades

Upgrades:

MHS, SM, VLTR, ADS, DSL, BRLC and NCC

Downgrades:

AMLN, VNUS, ROH, JEF, OMCL, BEE, SHO

HST, NCC, DRH, DST, PKTR, AME, CFFN

PDLI, CMCO, SXT, PTI, PER, ACN

Monday, April 21, 2008

Stock Market Review

7 Stocks you need to know for Tuesday

Bank of America (BAC | news | PowerRating | PR Charts ) reported first-quarter revenues and earnings fell substantially due to trading losses and write-downs.

Shares of National City (NCC | news | PowerRating | PR Charts ) plunged more than 27% after the bank reported an unexpected loss. NCC cuts its dividend and said its close to securing a $7 billion cash infusion.

After the market close, Boston Scientific (BSX | news | PowerRating | PR Charts ) beat estimates by $0.13 but issued mixed guidance.

Texas Instruments (TXN | news | PowerRating | PR Charts ) reported earnings of $0.43, in-line with estimates.

Before the market open, AT&T (T | news | PowerRating | PR Charts ) is scheduled to report, with analysts looking for earnings per share of $0.74.

CME Group (CME | news | PowerRating | PR Charts ) is expected to report $4.81 per share.

And finally, the earnings forecast for DuPont (DD | news | PowerRating | PR Charts ) is $1.27.

V

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

BIDU

Baidu.com is acting well in early trading so keep it on the radar.

Steel Stocks to Watch

AKS, MT, MTL, X and ZEUS

FSLR CHART


First Solar, Inc. breaks out over $300 per share so keep it on the radar this week.

POT

Potash, Inc. continues to act very well so keep it on the radar. A new IPO with the symbol IPI is suppose to start trading this week. IPI will be a new addition to the AG Chem stock group.

PBR

Petro Brazil is acting well in early trading so keep it on the radar.

AAPL

Apple, Inc. has a good tone to it in early trading so keep it on the radar. Apple will report earnings after the bell on Wednesday.

SID

Companhia Siderurgica has a decent tone in early trading so keep it on the radar.

AGU, MON, MOS CHARTS

Here are 3 AG Chem stock charts that seem to be setting up:

AGU, MON, MOS CHARTS

Pre-Market Gappers

Gapping up:

MRK +4.4%, NVS +3.9%, GSX +3.4%, QGEN +2.4%, SGP +2.2%, CNB +1.8%, UBS +1.3%, BAC +1.1%...

Gapping down:

TMA -9.2%, ING -3.4%, MF -3.2%, SHLD -2.6%, RBS -2.1%, CAT -1.7%, WM -1.6%.

Upgrades and Downgrades

Upgraded this morning include:

POZN, EQ, PPC, HCSB, ITY, CMA, and F

Downgraded this morning include:

CAT, CRUS, WFC, and R

Budd Foxx

Break Out List Video Market Technical Analysis

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 higher.

Friday's action saw the Dow tack on 228 points, the Nasdaq added 61 points, the S&P closed 24 points higher.

Bank of America reports a 77% drop in in first quarter earnings.

Eli Lilly first quarter earnings up on diabetes treatments.

Merck & Company out with what looks like better than expected results.

Boeing saying they are not aware of any other delays with the Dreamliner.

The Lundberg Survey shows a rise on average of 16 cents a gallon for gasoline over the past two weeks.

In Sports over the weekend Danica Patrick became the first female to win a IndyCar race over in Japan.

Crude oil is sitting at $117.00 per barrel.

Wholesale gasoline is $2.99 per gallon.

Natural gas is $10.68 per unit.

Gold is $922.00 per ounce.

Budd Foxx

Saturday, April 19, 2008

VIDEO - Is a Bottom in Place

In this week's video we cover long term charts to verify the overall trend but consider the possibility a rally is upon us...

VIDEO - Is a Bottom in Place

Here's a summary of ETFs...

Report - ETF Summary

Here are many of our favorite Jesse Livermore quotes...

Report - Jesse Livermore Quotes

http://www.leavittbrothers.com/

Friday, April 18, 2008

Stock Market Review

7 Stocks you need to know for Monday

Shares of Google (GOOG | news | PowerRating | PR Charts ) soared 20%, leading a broad-based market rally, after the Internet bellwether beat estimates by $0.32.

Citigroup (C | news | PowerRating | PR Charts ) reported a $5.1 billion net loss, missing estimates by $0.07, after the banking giant was forced to write-down a further $13.9 billion.

Caterpillar (CAT | news | PowerRating | PR Charts ) beat estimates by $0.12 and reaffirmed its full year 2008 earnings guidance of 5% to 10% revenue growth.

Before the market open on Monday, pharmaceutical giants Merck and Eli Lilly are scheduled to report earnings...

The consensus estimate for Merck (MRK | news | PowerRating | PR Charts ) is $0.86, and the number for Eli Lilly (LLY | news | PowerRating | PR Charts ) is $0.96 per share.

Haliburton (HAL | news | PowerRating | PR Charts ) is also set to report, look for earnings of $0.64.

And finally, Bank of America (BAC | news | PowerRating | PR Charts ) is expected to report earnings of $0.41 per share.

SLB

Schllumber Ltd is acting very well today so keep it on the radar.

POT

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

AMZN

Amazon.com has a good tone to it today so keep it on the radar.

ILMN

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

Budd Foxx

CAT

Caterpillar is acting well here early so keep it on that watchlist.

Budd Foxx

RIMM

Research In Motion has a good tone to it early so keep it on that watchlist.

Budd Foxx

BUCY

BucyRus strong out of the gate here so keep it on that trading radar.

Budd Foxx

MA CHART


Mastercard breaks out over $236 per share so keep it on the radar.

Stocks to Watch Today

AAPL, AMZN, GOOG, BIDU, CAT,

ICE, and RIMM

V

Visa, Inc. breaks out over $69 per share. The stock is currently trading up in pre-market so keep it on the radar.

Pre-Market Gappers

Gapping up:

GOOG +16.3%, TPX +10.0%, ETFC +7.7%, PMCS +7.1%, BIDU +6.9%, C +6.1%, SNDK +5.0%, HON +4.5%, CAT +4.3%, WM +4.0%, INFA +3.8%, VOD +2.6%, SHPGY +2.6%, ICO +2.6%, DOX +2.5%, AAPL +2.3%, RIMM +2.3%, POT +1.8%, WFC +1.8%, FMCN +1.8%, MSFT +1.4%, EBAY +1.2%...

Gapping down:

TOMO -29.2%, GRRF -14.6%, ATRM -14.4%, ISRG -11.0%, SCOR -8.4%, VASC -4.7%, CYN -3.9%, ESLR -3.6%, SLB -3.5%, ATN -2.4%, ICUI -1.8%.

Break Out List Video Market Technical Analysis

Upgrades and Downgrades

Upgraded this morning include:

GOOG, UTEK, BAX, MKSI, ADS, BLX, CSG, PCH, STI, and ROST

Downgraded this morning include:

ISIS, CYMI, ACF, COF, BEN, FTE, UMPQ, ETR, EXC, CMP, TXT, TECH, GSK, AZN, NOK, BCSI, and NFLX

Budd Foxx

Morning News

Futures are pointing to a higher open this morning.

European markets are trading higher today.

In Tokyo the Nikkei 225 did end higher.

Yesterday's action had the Dow up 1 point, the Nasdaq was down 8 points, and the S&P finished pretty much unchanged.

Google Inc. reports 31% jump in quarterly profit. The company also reported good paid clicks numbers.

Citigroup reports a $5.1 billion loss , and wrote off $12 billion on bad mortgage investments.

Caterpillar out with better than expected quarterly results this morning.

Illionois rocked by 5.4 magnitude earthquake.

Crude oil is $114.28 per barrel.

Wholesale gasoline is $2.93 per gallon.

Natural gas is $10.30 per unit.

Gold is sitting at $937.00 per ounce.

Budd Foxx

Thursday, April 17, 2008

Google's 1Q profit climbs 30 pct and tops analyst views

Google Inc. tweaked its online advertising formula and accelerated its growth outside the United States to produce a first-quarter profit that surpassed analysts' predictions, alleviating some of the economic worries battering its stock this year.

Stock Market Review

7 Stocks you need to know for Friday

Merrill Lynch (MER | news | PowerRating | PR Charts ) reported a wider than expected loss of -$2.20 per share.

Pfizer (PFE | news | PowerRating | PR Charts ) reported first quarter results that missed estimates for both top and bottom line numbers.

Shares of Nokia (NOK | news | PowerRating | PR Charts ) plunged more than 14% after the company reported quarterly earnings that beat estimates by $0.02, but issued a gloomy outlook.

After the close, Advanced Micro Devices (AMD | news | PowerRating | PR Charts ) reported earnings in-line with estimates.

Meanwhile, shares of Google (GOOG | news | PowerRating | PR Charts ) surged in extended trading after the company beat estimates by $0.32.

Before the market open, Citigroup (C | news | PowerRating | PR Charts ) is expected to report a loss of -$0.95 per share.

And finally, Schlumberger (SLB | news | PowerRating | PR Charts ) is also scheduled to report, with analysts looking for EPS of $1.11.

CLF

Cleveland-Cliff, Inc. is acting very well today so keep it on the radar.

V CHART


Visa, Inc. has a good tone to it today so keep it on the radar this afternoon. This security breaks out over $69 per share.

PUT vs CALL Ratio


Tomorrow is options expiration and here is what the put vs call ratio looks like:

PBR

Petroleo Brazileiro is acting well in early trading so keep it on the radar.

RIG CHART


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

AAPL

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

ICE CHART


Closing above the 200 dma would be a bullish sign for this security so keep it on the radar.

ISRG

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

BIDU

Baidu.com continues to act well so keep it on the radar.

Pre-Market Gappers

Gapping up:

AVAN +28.9%, AVCT +17.6%, ALTR +9.4%, DTLK +8.7%, CCK +7.3%, GKK +7.1%, KNL +6.7%, LEG +6.6%, SPPI +5.6%, ATR +4.0%, FCS +2.6%, ISIS +2.5%, IBM +2.4%, CY +1.6%...

Gapping down:

CMOS -13.8%, NOK -9.7%, CNW -9.2%, EPIC -9.2%, WTS -7.8%, VPHM -5.9%, MTH -5.5%, HOG -4.9%, HGSI -4.8%, FTE -4.5%, PFE -3.8%, SFN -3.5%, TGP -3.3%, TBI -3.0%, ISIL -2.6%, PLCM -2.4%, AMZN -2.1%, SLM -1.6%, GILD -1.5%.

Upgrades and Downgrades

Upgraded this morning include:

NFX, VQ, CPHD, XEC, and FST

Downgraded this morning include:

CBOU, PFCB, COSI, ITW, AF, IP, ESL, PG, UST, MT, SPSN, ODFL, and BMI

Budd Foxx

Morning News

Futures are pointing to a slightly lower open this morning.

European markets are mixed so far today.

In Tokyo the Nikkei 225 did close higher.

Weekly jobless claims will be out this morning.

Philly Fed Index for the month of April set to be released.

Leading indicators for the month of March due to be released.

Energy Dept. will release weekly natural gas inventories at 10:30 this morning.

Yesterday's action saw the Dow gain 256 points, the Nasdaq added 64 points, and the S&P closed 30 points higher.

International Business Machines out with better than expected quarterly results.

Pfizer quarterly results show a drop in profit.

Merrill Lynch reports a $1.96 billion loss and reportedly will cut 4,000 jobs.

After the bell tonight everybody will be looking for Google's quarterly results.

Crude oil is now $114.75 per gallon.

Wholesale gasoline is up to $2.95 per gallon.

Natural gas is $10.45 per unit.

Gold back up to $949.00 per ounce.

Budd Foxx

Wednesday, April 16, 2008

Stock Market Review

7 Stocks you need to know for Thursday

JP Morgan Chase (JPM | news | PowerRating | PR Charts ) reported first quarter earnings of $0.68, beating estimates by $0.04.

Intel (INTC | news | PowerRating | PR Charts ) also beat estimates by $0.04 and issued Q2 guidance in-line.

comScore reported the number of people clicking Google's paid search ads fell for the third straight month. Google (GOOG | news | PowerRating | PR Charts ) is scheduled to report earnings after the close on Thursday.

After the market close, eBay (EBAY | news | PowerRating | PR Charts ) reported earning of $0.42, beating estimates by $0.03.

And, International Business Machines (IBM | news | PowerRating | PR Charts ) beat estimates by $0.20 and issued an upbeat forecast.

Before the market open, Merrill Lynch (MER | news | PowerRating | PR Charts ) is scheduled to report, with analysts looking for a loss of -$1.99 per share.

Pfizer (PFE | news | PowerRating | PR Charts ) is also due to report and expectations are pegged at $0.66.

MA

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

AGU

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

MTL CHART


Mechel Steel Group has a possible bull flag on a daily chart so keep it on the radar.

V

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

PCU CHART


Southern Copper Corp. has broken out so keep it on the radar.

TAN

TAN is a new Solar Energy ETF that has been trading for a few days so keep it on the radar.

FXI

IShares China 25 Index has a good tone in early trading so keep it on the radar.

ELN

Elan Corp. acts very well here in early trading so keep it on that watchlist.

Budd Foxx

BUCY

BucyRus continues to act well so keep it on that trading radar.

Budd Foxx

X

US Steel Corp. trading at a fresh 52 week high so keep it on that trading radar.

Budd Foxx

BIDU

Baidu.com seems to be perking up here so keep it on that trading radar.

Budd Foxx

BMI

Badger Meter Inc. strong out of the gate here so keep it on that watchlist.

Budd Foxx

RIMM

Research In Motion opening to the upside here so keep it on that trading radar.

Budd Foxx

POT

Potash, Inc. is trading up in pre-market after receiving a contract so keep it on the radar.

AAPL

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

PBR

Petrobras Brasileiro tells Lula Carioca may be large oil find,
Bloomberg.com reports the co told President Luiz Inacio Lula da Silva there is "strong indication" its Carioca field may contain large amounts of oil, Folha de S. Paulo newspaper said. The co said it needs more technical information to confirm the size of the offshore field, located in Santos basin, Folha reported, without saying where it got the information.

FDG CHART


FDG has a good looking chart with a possible bull flag pattern on it so keep it on the radar this week.

Pre-Market Gappers

Gapping up:

POZN +33.0%, CVTX +22.3%, SORC +20.4%, BMI +13.8%, INTC +7.6%, ZOLT +6.4%, AMG +4.3%, NOK +3.7%, BCS +3.6%, MU +3.6%, NSM +3.3%, FEED +3.2%, AOB +2.9%, MRVL +2.4%, MOS +2.4%, CSX +2.3%, TXN +2.3%, AGU +2.3%, JPM +2.3%, APOL +2.1%, GERN +2.0%, WM +1.8%, LLTC +1.8%, RTP +1.5%, ASML +1.2%, RIMM +1.2%...

Gapping down:

SMI -8.3%, HCSG -8.3%, FTE -5.6%, HBAN -4.0%, LSI -3.7%, LXRX -2.6%, STX -1.8%, MBT -1.3%.

Upgrades and Downgrades

Upgraded this morning include:

MOV, BOKF, DIOD, and TSL

Downgraded this morning include:

ZOLT, EWBC, TTGT, JMBA, ITT, M. and MO

Budd Foxx

Break Out List and Market Technicals

Morning News

Futures are pointing to a higher open this morning.

European markets are trading higher today.

In Tokyo the Nikkei 225 did end higher.

Consumer price index for the month of March set to be released before the open this morning.

Industrial production numbers will be released today.

Housing starts also set to be released today.

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

Yesterday's action saw the Dow tack on 60 points, the Nasdaq added 10 points, and the S&P closed 6 points higher.

Intel Corp. out with better than expected quarterly results.

JP Morgan quarterly profit down 50% on writedowns.

Coca Cola out with good quarterly results on international sales.

Crude oil all the way up to $114.00 per barrel.

Wholesale gasoline is $2.88 per gallon.

Natural gas up to $10.27 per unit.

Gold is currently $940.00 per barrel.

Budd Foxx

Tuesday, April 15, 2008

Stock Market Review

7 Stocks you need to know for Wednesday

Delta Air Lines (DAL | news | PowerRating | PR Charts ) and Northwest Airlines (NWA | news | PowerRating | PR Charts ) agreed to merge, in a deal that would create the world's biggest airline.

Johnson & Johnson (JNJ | news | PowerRating | PR Charts ) reported earnings of $1.26 per share, beating estimates by $0.06.

After the market close, Intel (INTC | news | PowerRating | PR Charts ) beat estimates by $0.04.

Washington Mutual (WM | news | PowerRating | PR Charts ) missed estimates by a wide margin, reporting a loss of -$1.40, -$0.35 below consensus.

Before the market open, JP Morgan Chase (JPM | news | PowerRating | PR Charts ) is expected to report earnings of $0.64.

And, analysts are looking for Coca-Cola (KO | news | PowerRating | PR Charts ) to report earnings of $0.62 per share.

DRYS

Dryships, Inc. is closing strong so keep it on the radar for a possible overnight momentum play.

SPWR CHART


Possible bull flag setting up on SPWR so keep it on the radar this week. Earnings come out on the 17th before the market opens.

ISRG

Intuitive Surgical, Inc. is acting very well today so keep it on the radar this afternoon as it could be overnight momentum.

SU

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

EOG

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

BUCY CHART


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

Solar Stocks to Watch

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

JOYG

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

BIDU

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

MT

Arcelor Mittal was upgraded this morning by Citigroup so keep it on the radar.

X CHART


US Steel has a possible bull flag on a daily chart so keep it on the radar this week.

Pre-Market Gappers

Gapping up:

CPWR +13.0%, SUPG +11.6%, NWA +10.1%, HSR +9.7%, EXPO +6.8%, PII +6.0%, AZN +6.0%, DAL +5.0%, NG +3.9%, MRK +2.7%, PNFP +2.5%, DNDN +2.5%, CAL +2.1%, GFI +2.1%, SLV +1.5%, STT +1.5%, GLD +1.2%...

Gapping down:

CROX -28.6%, AFFX -24.1%, NVTL -10.1%, STLY -9.4%, REP -6.0%, VCGH -4.8%, BIIB -3.9%, HNT -3.2%, EMC -2.1%, DNA -1.2%.

Upgrades and Downgrades

Upgraded this morning include:

MT, RHB, and MEE

Downgraded this morning include:

COBZ, HERO, MTW, AFFX, NVTL, TMX, CNXT, VCGH, BBI, ELX, EMC, NE, RDC, DO, ESV, RIG, BBG, and CXO

Budd Foxx

Break Out List Video Market Technical Analysis

Morning News

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

European markets are mixed so far today.

In Tokyo the Nikkei 225 did end higher.

March producer prices will be released this morning.

NAHB housing market index set for release today.

April empire state index will be released.

Yesterday's action saw the Dow lose 23 points, the Nasdaq gave back 14 points, and the S&P closed 4 points higher.

Delta and Northwest agree to $17.7 billion dollar merger.

MGM Mirage to cut 400 middle management jobs.

Foreclosures up just about 60% for the month of March vs. one year ago.

Today is Tax Day !!

Crude oil is now $112.80 per barrel.

Wholesale gasoline is up to $2.84 per gallon.

Natural gas is sitting at $10.17 per unit.

Gold is $936.00 per ounce.

Budd Foxx
Search Engine Submission and Search Engine Optimization

Disclaimer: This website may include stock market analysis. Any ideas or opinions expressed by us is for informational purposes. Trade at your own financial risk as we assume no responsibility for your investing decisions in the markets. Blogarama - The Blogs Directory BlogRankers.com Business Blog Top Sites TopBlog.ws - Top 
Blog, Directory and Search Engine <