Friday Stocks to Watch

The market is trading slightly lower after several days of winning streak. Volume has slower down as compared to the previous days. China stocks have taken a break for now after a series strong up days. I believe this can be the fifth ending baseball game. It is getting closer to the finish ending.

Stocks worth watching are:
(SSTR) - Up over 100% at the high of the day. Another cheap stock in the tech sector. It is publisher of the popular "FlatOut" game. Earning is amazing. It guides over $40 million in the coming year, yet the stock market cap is about $50 million. It is very cheap.
(NTWK) - another winner from my profolio, refer to yesterday's blog.
(FSLR) - new factory will be built in Malaysia.
(HOLX) - the Cramer profiled stock last night.

NetSol Technologies Inc (NTWK) is a Cheap Growth Engine

After the FED rate cut last couple weeks ago. The market is in the uptrend now. With Chinese stocks are having the biggest potential. It is the .com era for the Chinese stocks. Any time you buy China related, it is going up. Stocks such as (JRJC), (CPSL), and (CBAK) are going up without any slow in demand for these stocks. Play them while they are hot! Get out whenever you see the trend is heading down. Chinese Stocks are Hot!

One stock I particularly like is NetSol Technologies Inc (NTWK). It is the cheap China related stock. Why? It is about $2.80 as I am typing this blog. It is the IT business but selling it in China. It is a growth and small cap stock. The revenue growth for last quarter was at a whopping 78% from previous year. Earning was $0.07 up from lost of last year. During the conference call, the management was indicating demand was there in China. Again the key is CHINA. Buy it while it is still cheap! Take a look of the volume lately, it is usually over 1 million as compared to less than 100K typical. That is more, insiders are buying the stocks as well. I am in the stock as well and bought some today. Go (NTWK).

Thursday Stocks to Watch

With the market in the undecided state, we can perhaps can take advantage of the volatility. When the market is down big and turns around, we can buy; and sell when the market is up big and turns around, we can sell. I have been playing around with it for some success rate.

Look for the stocks with highest beta, stocks such as (RIMM), (AAPL), (TNH). Create a watch list is also important when the market turns.

Monday Stocks to Watch

The market is treading water with the bias toward to the upside after the up reversal on the date the FED reduced the discounted rate lending to banks. I started buying some positions last week as well buying more this week if we can see the buying volume coming back. I think September can be a volatile month with the news of more foreclosures and subprime lending problems. If we can hold at these levels without much downs side retest, we should see the market going higher again.

Stocks worth watching
(BIDU) - mini-google in China with the China market making new highs.
(LFC) - Better than expected premium rise on new contracts.
(STAR) - New high with decent volume in a very good industry sector.
(KOP) - I would buy more at this level. Behaves very well during correction a few weeks ago.

Wednesday Stocks to Watch

The market is still in the correction mode. Sellers will appeared any time there is a rally for the market. People are selling into strength in today's market. I would hold off buying until the condition is right for the bulls. In the mean time, there is no stocks for me to watch right now. Keep tight and hope the tidal wave will fade away soon.

The Market is Very Violatile Now

With market up and down in swing big range swing, it is hard to play it unless you are a good swing trader. I would stay away from the market for now until the dust settles. Keep you cash on the sidelines, and sell whenever you have the opportunities.

Is the Market Back?

After several severe down days in the past couple weeks, it came back with over 2% gains on all markets with higher volumes yesterday. The question is "is the market back yet?" So far the market is cooperating with the bulls. I want to see the next few trading session to be less volume on the down days, and more volumes on the upside before commit deeper money into the market. Right now maybe just test the water with very small amount of money. Sit tight and watch.

Wednesday Stocks to Watch

After I had my vacation for over 1 week, the market has turned South. The market is in a very serious down turn right now. I would take profits and losses while the market is in bear mode. Don't be greedy, stay away for now until bulls are back.

Friday Stocks to Watch

The market is tanking in the afternoon without any sign of recovering. The weakness is contributed by several factors: missing earnings from (CAT) and (GOOG), (CAT) is the global cyclical stock, and (GOOG) is the titan in the internet space; subprime isuues is back again? residental home construction is not the bottom until end of 2008. Maybe this just another excuse for the traders to take profits off the table today. Hopefully the market will recover some of the losses by half like previous sell-off a few days ago. Hang tight and pick an entry point of the stock you wanted.

Stock worth considering:
(ISRG) - volume 10 times normal on strong earning report

Thursday Stocks to Watch

The market is roaring after yesterday's recovery from major down turn. Most of the strength came from great earning from(IBM), expectation of good earnings from (MSFT) and (GOOG) after hours, and great recovery from yesterday's selloff. I expect (GGOOG) and (MSFT) to beat estimate after hours. Winners will be rewarded in a good market.

Stocks worth getting:
(MSFT) - expected good earning after hour
(GOOG) - expected good earning after hour
(AVCI) - guided higher and great earning
Shipping companies, (EXM), (DRYS), (TBSI), (DHT)
(CLWR) - big contract from Sprint, risky before earning

Wednesday Stocks to Watch

The market is tumbling in the afternoon after some bad news from several fronts. Bad news include the following: missed margin by Intel (INTC), bad earning from (YHOO), subprime loans are getting worse than expected from (BSC), small growing economy, and higher than expected CPI. These news just provide the catalyst for the bears after the DOW kept making new highes, as well as Nasdaq and S&P 500. I believe one bad day does not make the bear market. We have to see how the market behaves in the coming days and decide what action to take. In the meantime, do not panic and do something irrational.

Watch the following stocks to move in the after hours with their earning reports:
(SWKS), (ICUI), (JNPR), (CAVM), (CTXS), (EBAY), (IBM), (ISIL)

Earnings to Watch After Close

Watch these earning stocks to move after hours:
AMB, CHB, CPSS, CCK, CSX, DTLK, HBHC, ILMN, INTC, EDU, PHHM, BPOP, PPDI, TRMK, USNA, CHIP, YHOO

Monday Stocks to Watch

The market is trading mixed in the afternoon with the recent big gain digestions. It is a healthy move by the market. This should be well suited for future advances. Here are big gainers and decliners to worth or avoid from Market Watch:

Advancers

ABN Amro (ABN) shares rallied Monday as a consortium led by Royal Bank of Scotland said it will raise the cash component of its 71.1 billion euro ($98 billion) bid for the Dutch bank. See full story.

Alcon Inc. (ACL) said it has agreed to buy WaveLight AG of Germany, a maker of refractive laser and diagnostic systems, in a move to bolster the eye-care company's refractive surgery capabilities. See full story.

Affymax Inc. (AFFY) said it plans to initiate Phase III clinical studies with Hematide in chronic renal failure patients following recent discussions with the Food and Drug Administration on the design of the program. Hematide is the company's lead drug in development for the treatment of anemia.

Amrep Corp. (AXR) said fourth-quarter net income fell to $6.3 million, or 95 cents a share, from $10.4 million, or $1.56 a share in the year-ago period. Income from continuing operations amounted to $1.19 a share. Revenue rose to $48.3 million from $47.8 million. Amrep also set a special cash dividend of $1 a share, and said it plans repurchase up to 500,000 shares of its outstanding common stock.

Art's-Way Manufacturing Co. (ARTW) reported second-quarter net earnings of $938,000, or 47 cents a share, up from $425,000, or 21 cents a share.

Atheros Communications (ATHR) was upgraded to overweight from equal-weight at Lehman Brothers, with the broker citing the company's design win for the Nintendo DS, which should generate $72 million to $96 million in incremental revenue in calendar year 2008.

Shares of Charles Schwab (SCHW) led financial stocks higher after Citigroup analysts said that the firm's client assets should surpass current market leader Merrill Lynch (MER) within 3 years.

Con-way Inc. (CNW) said it'll pay $750 million to acquire Contract Freighters Inc., a privately held North American truckload carrier based in Joplin, Mo. The deal is expected to close in the third quarter.

DJO Inc.'s (DJO) shares surged after ReAble Therapeutics, a company controlled by The Blackstone Group, said it has agreed to buy the company for $1.6 billion, or $50.25 a share in cash.

Dynacq Healthcare Inc. (DYII) shares leapt after the company reported fiscal third-quarter net earnings of $2.6 million, or 17 cents a share, versus a year-ago net loss of $800,000, or 5 cents a share.

Enterprise GP Holdings L.P. (EPE) said it'll sell 20.1 million units representing limited partner interests to investors, led by affiliates of Swank Capital, LLC; GPS Partners LLC; funds managed by Zimmer Lucas Capital, LLC; and Kayne Anderson Capital Advisors, L.P.. The purchase price is about $750 million at a unit price of $37.25 each.

Eaton said its second-quarter net income slipped 2.8% to $246 million, while earnings per share were flat at $1.64 after a dip in the number of shares outstanding. Revenue for the quarter rose 3.9% to $3.25 billion. Analysts polled by Thomson Financial were expecting earnings of $1.47 a share on revenue of $3.19 billion. The company raised its net income guidance fore the year by 30 cents a share to a range of $6.50 to $6.70. For the third quarter it sees earnings of $1.50 to $1.60 a share. See full story.

GlaxoSmithKline plc (GSK) gained after being upgraded to neutral by J.P. Morgan.

IBM Corp. (IBM) said it would acquire Canadian data-technology company DataMirror Corp. for $161 million, and signed a seven-year, $1.4 billion technology services deal with AstraZeneca Plc.

IHOP Corp. (IHP) has agreed to acquire Applebee's International Inc. (APPB) for about $2.1 billion in cash, the companies said. See full story.

Mattel said its second-quarter net income rose 15.2% to $43.5 million, or 11 cents a share, from $37.4 million, or 10 cents a share. Revenue grew 6.5% to $1.02 billion. Analysts polled by Thomson Financial had been expecting Mattel to earn 11 cents a share on revenue of $1.03 billion. See full story.

McDonald's Corp. (MCD) said sales of breakfast items in the U.S. and "robust" results in France, the U.K. and Germany helped produce its best quarterly same-store sales in three years and better-than-expected second-quarter earnings, before charges. See full story.

Sensient Technologies Corp. (SXT) said second-quarter net income rose to $21.2 million, or 45 cents a share, from $18.5 million, or 40 cents a share a year ago. Revenue rose to $304.3 million from $282.2 million. The company raised its earning forecast for the year to between $1.56 and $1.59 a share from $1.54 and $1.56 a share.

Syntax-Brillian Corp. (BRLC) raised its revenue outlook for the calendar year ending Dec. 31 to a range of $1.1 billion to $1.3 billion, up from $950 million to $1.1 billion previously. Syntax-Brillian also reaffirmed expectations for revenue of $190 million to $210 million in the fourth quarter ended June 30; Wall Street's average view stands at $196 million, according to estimates compiled by Thomson Financial.

Shares of Verizon Communications Inc. (VZ) rose amid a news report that U.K.-based Vodafone Group plc (VOD) was considering a buyout offer worth up to $160 billion. Vodafone quickly denied the report. The two companies jointly own Verizon Wireless. See full story.

Decliners

Cemex (CX) said securities representing roughly 855.8 million Rinker Group Ltd. (RIN)shares, or 95.6% of its outstanding stock, were validly tendered and accepted for payment in the tender offer that expired Monday.

Countrywide Financial Corp. (CFC) said its total loan fundings in June rose, but that the housing market continues to soften, resulting in rising defaults. See full story.

Hudson Highland Group (HHGP) forecast second-quarter revenue of $348 million to $350 million, below its prior guidance of $355 million to $370 million

McKesson Corp. (MCK) said it has agreed to buy privately held Awarix Inc., maker of a color-coded, electronic patient care management system for hospitals. See full story.

Royal Dutch Shell (RDSA) was downgraded to underweight from neutral by HSBC, which cited valuation.

Spartech Corp. (SEH) cut its earnings guidance for its 2007 fiscal year, citing foreign currency losses and weakness in the transportation and residential construction markets. The St. Louis producer of thermoplastic sheet materials said it now expects fiscal 2007 earnings of $1.45 to $1.50 a share, down from its previous guidance of $1.55 to $1.62 a share. Spartech said the guidance excludes severance payments to President and Chief Executive George Abd, who resigned Monday for personal reasons.

W.W. Grainger Inc. said second-quarter net income rose 12% to $104.8 million, or $1.21 a share, from $93.7 million, or $1.02 a share, a year earlier. A Thomson Financial survey of analysts, on average, had predicted earnings of $1.19 a share. Analysts' estimates usually exclude items. The Chicago facilities maintenance products provider said sales rose 8% to $1.6 billion from $1.48 billion. W.W. Grainger is now forecasting 2007 earnings of $4.75 to $4.90 a share. The company had previously expected earnings of $4.70 to $4.85 a share for the year. Wall Street is calling for 2007 earnings of $4.85 a share.

SMTX is Back

After several days of downturns, (SMTX) is back above the $7 mark with very heavy volume. It looks like a buy to me. Earning is coming in early August. It will be a $10 stock by about earning time.

What to Expect Next Week

The market rallied very strongly last week with good volumes. Stick with winners and allocate the money from the losers to purchase more winners. It is the start of the summer earning season. Here are events to be watching for the coming week from Yahoo:

Earnings Preview for the week of July 16th-20th: : Of the hundreds of companies reporting earnings the week of July 16th-20th some of the bigger names include:
Monday: ETN, MAT, MERX, GWW, ADTN, INVX, NVLS, STLY, and UFPI...
Tuesday: KO, JNJ, MER, STT, WFC, DTLK, INTC, PHHM, CHIP, YHOO...
Wednesday: ABT, MO, AMFI, BLK, JPM, KLIC, PFE, LUV, STJ, UTX, DOX, CTAS, CBST, EBAY, ISIL, JNPR, LOGI, MOGN, MGI, NE, NVEC, TER, and WM...
Thursday: ALDN, AVCT, BAC, BBT, CAL, DJ, FCS, FHN, F, FCX, HON, IGT, IONA, OXPS, SPWR, WYE, AMD, BRCM, GOOG, MSFT, and SNDK...
Friday: BSX, C, JRC, KCI, SLB, and WB

Conference/Events Calendar for the week of July 16th -20th: :
Monday: CARN: Antigen Update; DNA, IMGN, MEDX, SGMO, REGN at SRI Antibody World Summit 2007; FCEL, SOFO, ADST, CTE, MAG at Capstone Investments 2007 Small-Cap Investor Conf; FEIC at SEMICON West 2007; HSKA, SFE at Friedland Capital Summer 2007 Global Equities Conf...
Tuesday: AMAT Analyst Meeting; VRGY Analyst Event; BEC 2007 AACC Investor Meeting; CMOS Analyst Meeting; GERN Analyst and Investor Meeting; CPHD Analyst and Investor Cocktail Reception; CTE at Capstone Investments 2007 Small-Cap Investor Conf; DNR, GSX at A.G. Edwards E&P Conf; HGSI, BIIB, AMGN, GEH at SRI Antibody World Summit 2007; UCTT, KLAC, IVAC, ASYT, TER at SEMICON West 2007; Fed: Hoenig on economy...
Wednesday: DADE Analyst Meeting; LRCX Analyst Meeting; RTEC Analyst Meeting at SEMICON West; ABP, CLR, VQ at A.G. Edwards E&P Conf; ASMI: SEMICON West Technology Seminar & Webcast; BRKS, MKSI, VECO, KLIC at SEMICON West 2007; Bernanke testifies in semi-annual congressional meeting...
Thursday: SNCR to Host Special Media Analyst Event at NASDAQ; SEMICON West 2007;Bernanke testifies in semi-annual congressional meeting; Fed: Moskow; FOMC Minutes Released...
Friday: SCHW Business Update; SEMICON West 2007; Fed: St. Louis Fed Pres Poole.

Friday Stocks to WatchThe

The market is stabilizing after yesterday's massive bull move. DOW and S&P 500 are still making new highs. The only lagger for today is Nasdaq. I expect Nasdaq to catch up again soon. Again the winners for today are still the big cap multinational stocks, mostly in the tech, metal related, and energy stocks. Smaller cap cap stocks are still under pressured. (SMTX) broke the 10-MA, and hopefully it will stay above the 20-MA. I would not buy it until it breaks new highs.

Stocks to watch today:
(BCSI) - higher volume with $3 move
(RIMM) - new 52-week highs
(CF) - strong move on higher volume
(ENR) - Bought a cash flow company

Thursday Stocks to Watch

The market is roaring to new highs with decent amount of volumes. Most of the gains are from mid to big cap stocks such as, (EMC), (TXI), (AL), (MA), (NMX), etc. I guess traders are staying away from the smaller cap stocks like (SMTX), down on a roaring market. I am hoping it will have a good support around the 10MA which is about $6.85. Watch for the support, if it does not hold for the next few days, it would be a sell for me.

Stocks to Consider for Purchasing in Today's Market:
(RIMM)
(AAPL)
(GOOG)
(EMC)
(TTC)
(MA)
(DE)

Wednesday Stocks to Watch

The market is undecided on which direction it wants to go Wednesday. It opened lower and came back and forth through out the trading day. Even though we had a bad higher volume day yesterday, but most of the leaders were not down as much as expected from a bear market. I believe the bull is in control for now unless we see more downside with higher volumes again in the next few sessions.

Stocks worth watching:
(GOOG) - Earning next week
(YUM) - earning after close, operator of booming Kentucky fried chicken in China
(DNA) - giant biotech earning after close

Monday Stocks to Watch

Again the market is marching higher. Many new names broke out of the trading ranges as well. The bull is raging and roaring on the street. Sticks with the winners, and use the fund from the losers to pick up more winners. (SMTX) is an example of strong winner. It was profiled multiple times on my blog from around $4 (3 weeks ago) to last week of $7.30. Now it is about $8. Almost 100% gain in about a month. Not bad return at all. I believe this one more legs to go until earning time, and perhaps more to come depending on the earning report. From the trading pattern look and feel, it will have great earning coming.

Other Stocks to Worth:
(FSLR) - Big contract and upgrade
(TEX) - Upgrade and in strong industry
(GMCR) - 3-to-1 split coming
(TASR) - Remember this one? It is on the radar screen of many now

What to Expect Next Week

The market made a fresh new highs on all markets this week. I expect the trend to continue next week. Here are the events to be watched this coming week:

Conference/Events Calendar for the week of July 9th -13th :
Monday: CPB Announces the Webcast of an Investor Presentation; ASES Solar 2007; TTWO Conf Call to provide an update on its 100 day plan...
Tuesday: ATVI E3 Investor Event; BTH Investor Q&A Call; ACTU, CYBX, NMTI, TUNE, EPIX at C.E. Unterberg, Towbin Emerging Growth Conf; BJRI, WTW, DAVE, TLB, MRT at CIBC World Markets 7th Annual Consumer Growth Conf; FCSE, SUPX Roth Capital Partners Semiconductor Mini-Conf; SYS, AXYS, CRDN, IOTN, RAE at Kaufman Brothers Defense Technology Conf...
Wednesday: LIZ Analyst Meeting; MSFT Financial Analyst Briefing at E3; STAK, SYS, CAMD, ULBI, ITI at C.E. Unterberg, Towbin Emerging Growth Conf; BGF,ALCO, CEDC, CQB, FLO at Longbow Research Food & Beverage Investor Conf; TJX, FOR, DRI, FDX, JCP, RGC at International Council of Shopping Centers New England Idea Exchange; TUP, CHS, BKC, RUTH, DBRN at CIBC World Markets 7th Annual Consumer Growth Conf; Fed: Plosser in London...
Thursday: NSTR Analyst Meeting; CRM at FORTUNE iMeme: The Thinkers of Tech Conf; CRXX, ELGX, TRCA at Pacific Growth Equities One on One Cardiology Conf; HNAB, LTRX, RFMI, LMRA, ADCT at C.E. Unterberg, Towbin Emerging Growth Conf; MNTG, GET at CIBC World Markets 7th Annual Consumer Growth Conf; MU 2007 San Francisco Analyst Conf; Fed: Yellen on economy...
Friday: BMO Capital Markets 2007 Media, Communications & Technology Conf; FORTUNE iMeme: The Thinkers of Tech Conf; SRI 2nd Annual Biofuels Investor Summit.

Friday Stocks to Watch

The market is marching higher in the afternoon after this morning's minor sell-off or profit taking. The bull is having an upper hand today. I believe the bull trend is still intact even though the oil is almost all time high. With many of the oversea market making new highs, US market still looks very attractive right now. Many investors are still on the sideline patiently waiting for buying opportunities. That translates into when the sell-off comes, people will pile the money to support the down turn. Buy only the strong stocks, use the money from the non-performers to get the high octane flyers.

High Octane Flyers Worth Considering:
(RIMM) - Apporaching $300 soon
(AAPL) - $150 is coming
(SMTX) - $10 is coming with higher volume on the upside each day
(CREE) - Just broke the trading range in the right sector
(BIDU) - Chinese Google

Thursday Stocks to Watch

The market is trading mixed in the afternoon after the July 4th holiday. Nasdaq is still attacking the 52-week highs from the pre-holiday strength. The tech sector is still on fire. Notably (AAPL) and (RIMM). (RIMM) is having a 3-for-1 split soon. It is possible that we may see $100 post-split for the stock by the look of the momentum.

Stocks worth watching:
(SMTX) - another new high, it has been new highs for the past few sessions with a less than 10% gain on each session. A very steady move instead.
(RIMM) - Its phone to b sold into China
(AAPL) - a similar deal with CHina or other countries?
(CREE) - Broke out of trading range with decent volume.

iPhone Component Play

(SWKS) is the stock worth worthing before the CNBC iPhone component segment. (SWKS) worth about $7.55 at the market cap of 1.5B. It is the power amplifier play for the iPhone. Its component resides not just iPhone, but also on other popular cell phones. If the iPhone sells well, it may raise the guidance in the near future.

Thursday Stocks to Watch

The market recovered from this morning losses. The FED decision on interest rate will be announced around 2:15 pm. It is expected to leave the rate the same.
If no other unexpected statement coming from the FED, I expect the market will advance further in the afternoon. If the market is in rally mode, pick the stock with strong momentum, small caps like (SMTX) and (CRNT), big caps like (GOOG) and (MDR). (AAPL) will launch the iPhone Friday. I expect the market will move as the launch of iPhone came to fruition.

Small Worth Considering ( I like small cap stocks):
(SMTX) - favor of mine for a while now
(CRNT) - Broke out with strong volume
(CMTL) - New contract
(ATRO) - New high with good volume

SMTX on the Move

Even though the market is sinking in the afternoon, (SMTX) is still attacking the new 52-week high with higher volume. Stay with the winner.

What's Ahead for Stocks Next Week

The market had some minor corrections last week started last Wednesday. Volume has picked up last Friday. We will have to see how well the market handles itself in the coming weeks. I expected the market to recover in the coming weeks. I will stay put until the market gives me the confirmation. Keep a list of the stocks to buy.
Here are the events to be watched this coming week from Yahoo:

Conference/Events Calendar for the week of June 25 - June 29: :
Monday: BF Investor Day 2007 (New York); GPOR Canadian Oil Sands Conf Call; Intertech Clean Fuels 2007 Conf; LAMR, PETM, TAST, VLCM, MET at Wachovia Securities CEO Summit...
Tuesday: BF Investor Day 2007 (New York); FSL Financial Analysts Meeting; BIIB, HMA, MRT, AHGP, GILD at Wachovia Securities 2007 Nantucket Equity Conf; END Operations Update; EYE Conf Call; LBIX, OVEN, PGIC, PLKH, PSTA at Merriman Curhan Ford 2nd Annual Consumer Round Robin; RHB, WLP, ESRX, SUNH, LCAV, VAR at Jefferies Healthcare Conf; Fed: Moskow...
Wednesday: LUV 2007 Analyst Meeting; MOVE Analyst Meeting; ACGL, ESRX, MXGL, MSSR, BRL at Wachovia Securities CEO Summit; POZN, DSCO, GILD, AMAG, ACAD at Jefferies Healthcare Conf; SXCI Analyst and Institutional Investor Eve...
Thursday: DE, GY, HF, EYE, RMD at Wachovia Securities CEO Summit; MELA, ISPH, ANPI, SPNC, IART at Jefferies Healthcare Conf; OLN at Buckingham Research Group's 2007 Chemicals and Advanced Materials; TAC, WMB, ENB at RBC Capital Markets Energy Infrastructure and Trust Conference; VSTA Conference Call to Provide Update on Corporate Restructuring Plans and Review of Strategic Alternatives; Fed: FOMC policy anncmnt at 14:15 ET...
Friday: UST at JPMorgan Global Tobacco Conf.

Wednesday Stocks to Watch

The market is trading lower with the help of higher bond yields. Higher bond yield will imply higher borrowing cost to the consumers and corporations. It used to be the issue with slowing economy, but it has been the higher interest rates. What else the case is, I do think the bull market is still intact. Wait for pullbacks and buy more stock leaders.

Stocks worth considering:
(SMTX) - still up on a down market
(BWLD) - up another $1 after yesterday's $4 move
(GTLS) - massive volume after upgrade

Tuesday Stocks to Watch

The market is trading relatively flat again like the Monday session. Volume has increased as compared to yesterday's volume. It started to downside, but it quickly recovered in the afternoon. A very good sign for the bull. Use the pullback as an opportunity to buy more strong stocks. Hold the winners and sell the losers in a market like we have now.

Stocks Worth Considering:
(BWLD) - Up strong after several weeks of consolidation to a 52-week high.
(SMTX) - Up with strong volume one step at a time. Very solid advance. Has been a favor of mine for some times now.
(DWSN) - Broken out of trading range with good volume.
(PRGS) - Up after reporting good earning with good volume on new 52-week high.

Monday Stocks to Watch

The market is trading relatively flat with an upside bias. It broke into new highs last Friday with higher trading volumes on all exchanges. The bull momentum is intact.

Stocks worth watching are:
(SMTX) - Broke thru the $5 mark after trading under $5 for couple weeks. More upside can be seen in the coming weeks.
(SNCR) - New highs on Apple's iPhone news?
(HDNG) - Broken out of the trading range with strong volume
(SYNL) - It broke up of trading range last Thursday. I would wait for the $44 mark to get back in if the opportunity arises.
(AAPL) - More battery time for the new iPhone, another week before launch

Stocks to Watch Thursday

The market is continuing its strong uptrend yesterday after the PPI is about the same as expected. Traders are hoping for good CPI to be announced tomorrow as well. Looks like the time to get back in is now. In order to make money in a bull market, buy the strong stocks, sell the non-perfomers. Buy higher and sell higher, or buy low and sell lower. Momentum is your friend.

Stocks worth looking at:
(BWLD) - stock split is coming next week
(TNH) - new high after several weeks of consolidation
(LPHI) - Double volumes on earning date
(CLRK) - Almost new high after announced contract
(SMTX) - will break $5 soon. Mentioned several times before.

Stocks to Watch Tuesday

The market is trading lower. It tried to recover several times, but they failed. The market is in trend with 10 year bond. If the yield is going higher, it is not good for the market.
Stay put, and wait for confirmation before jumping back in. Watch for leading stocks for trends. They usually provide hints on strong the market will be in the future.

Monday Stocks to Watch

The market is trading slightly higher after a see-saw battle between the bulls and bears. Volume has been lacking for today's trades. I would like to see more upside volumes before the recent bottom can be called.

Stocks worth watching are:
(CROX) - up on strong volume, a favor of mine and Cramer. A new 52-week high. I would tipped toe a bit with this stock. It is in a very strong uptrend.
(FCSX) - Big rise without any news.
(SNCR) - Benefactor from iPhone? Take a look of the chart. It is very strong. It is in the merging ip services.
(UEIC) - Up on upgrade. Maybe somebody knows something we don't.

Cheap Stock With Great Strength

Cheap stock with great fundamental and good relative strength are hard to come by. The stock, SMTC CORP (NasdaqGM:SMTX), is a good example of it.

According to Yahoo finance in verbatim form: SMTC Corporation provides integrated electronics manufacturing services. The company offers various supply chain services, including product design, procurement, prototyping, advanced cable and harness interconnect, high-precision enclosures, printed circuit board assembly, test, final system build, supply chain management, packaging, global distribution, and after sales support. It also provides enclosure and precision metal fabrication, cable assembly, interconnect, and engineering design services. SMTC Corporation offers its services to original equipment manufacturers and technology companies primarily in industrial, computing and networking, and communications markets worldwide.

The stock had two great pops when it announced quarterly earnings in mid March and mid May. In its latest quarter report, here its highlights:

- Growth in first quarter revenue to $69.5 million, a 16% increase over first quarter 2006.

- Growth led by diversified customer base of both long-standing and new customers.

- Net income of $2.8 million or $0.19 per share for the first quarter of 2007, approximately three times net income reported in the first quarter 2006. Net income in the first quarter of 2007 includes a one-time non-cash income tax recovery of $1.5 million.

- Operating earnings of $2.9 million representing a 35% increase over
the comparable period last year

- EBITDA(x) of $4.2 million in the quarter, representing a 28% increase over the first quarter of 2006.

- Generated cash flow of $4.0 million used primarily to reduce debt

The stock's PE is just above 5. Volume has picked tremendously lately. It is worth a look.

Tuesday Stocks to Watch

The market is trading lower in the afternoon. It reversed course from this morning's gain. (SMTX) previously mentioned last Friday is still up about 15% today. It is a $4 stock when it was mentioned. It is now about $4.50. $0.50 jump for a $4 stock is not bad at all. I will mention more if I ever come to another one like (SMTX). I believe this stock has a very good chance to hit $6 in the not soon distant future.

Other up stocks to watch today:
(BIDU)
(SILC)
(GSOL)
(MIVA)
(MFLO)
(NSHA)
(CHM)
(AV)
(CGT)

Small Stock On the Breakout

(SMTX) SMTC CORP, a electronic contract manufacturer, is making a new high today, as well as yesterday when the market was tanking. Volume has picked up in the recent trading days. It is trading around $3.80 up from the low of about $2.40. It is a very small cap stock. It has the potential to hit $10 within 1 year. The PE on the stock is less than 5. The growth rate is over 10 for the industry. This is a gem for many investors.

Wednesday Stocks to Watch

The market is flip-flopping in the afternoon. The trend is still up. The bull is also tiring now. It may need some rest before advancing further in the near future. Keep your eyes on the stocks with strong uptrends and good fundamentals. Here is the list of movers from MarketWatch worthing watching:

Advancers:

Advanced Analogic Technologies Inc.'s (AATI, Trade ) shares rose Wednesday. The U.S. International Trade Commission has ruled in favor of the company in a patent infringement case brought by Linear Technology Corp. (LLTC, Trade ) .

Alcan (AL, Trade ) is reportedly in early stage talks with BHP Billiton (BHP, Trade ) after the Montreal aluminum producer's board urged investors to reject a $27 billion offer from Alcoa (AA, Trade ) late Tuesday.

AllianceBernstein Holding LP said its first quarter net income rose 16.6% as assets under management gained 20%. Quarterly profits hit $78.5 million, or 91 cents a unit. That was up from $65.6 million, or 78 cents a unit, a year earlier. Analysts polled by Thomson Financial had expected $1.07 per unit. First quarter revenue reached $1.04 billion, also up in double-digits. The firm ended the quarter with $741.7 billion in assets. Hedge-fund assets rose 23% to $9 billion.

Amazon.com (AMZN, Trade ) said Tuesday it's buying Brilliant Audio, the largest independent publisher of audio books in the U.S. Terms of the deal were not disclosed.

American Electric Power (AEP, Trade ) was upgraded by Lehman Brothers.

American Technology Corp. (ATCO, Trade ) shares rallied after the company said its LRAD 500 has been selected by the Navy and Army as their acoustic hailing and warning device for small vessels and vehicles.

B&G Foods Inc.'s shares rallied in its stock market debut.

Bristow Group Inc.'s (BRS, Trade ) fiscal fourth-quarter net income grew 54% to $27.4 million, or 91 cents a share, from a year-earlier profit of $17.8 million, or 75 cents a share. The Houston oilfield helicopter transport company's revenue for the quarter ended March 31 grew 14% to $228.7 million from $201.3 million. Wall Street expected fourth-quarter earnings of 64 cents a share on revenue of $218.7 million, according to Thomson Financial.

Crescent Real Estate Equities Co. (CEI, Trade ) said late Tuesday it has agreed to be acquired by funds managed by Morgan Stanley (MS, Trade ) for $22.80 a share, in a deal valued at roughly $6.5 billion including debt.

DaimlerChrysler (DCX, Trade ) shares rallied Wednesday to their highest level in almost eight years after Morgan Stanley reiterated its overweight rating on the stock, citing strength in Daimler's truck business.

Dick's Sporting Goods Inc.'s (DKS, Trade ) fiscal first-quarter earnings jumped 90%, boosted by its February acquisition of Golf Galaxy. The Pittsburgh-based sporting goods retailer had first-quarter earnings of $21.7 million, or 38 cents a share, compared with $11.4 million, or 21 cents, a year earlier. Dick's said revenue for the quarter ended May 5 rose 28% to $823.6 million from $645.5 million a year ago. Analysts surveyed by Thomson Financial expected, on average, earnings of 37 cents a share on revenue of $851 million. Dick's affirmed its 2007 guidance, saying it expects earnings of $2.37 to $2.40 a share, and a 1% to 2% increase in same-store sales.

Dow Jones & Co. (DJ, Trade ) shares climbed Wednesday on word the company's controlling Bancroft family was meeting later in the day to discuss Rupert Murdoch's $5 billion buyout offer.

Dycom Industries Inc. (DY, Trade ) reported third-quarter net earnings of $12.4 million, or 31 cents a share. During the year-ago period, the Palm Beach Gardens, Fla.-based provider of specialty contracting services posted a net loss of $6.5 million, or 16 cents a share. Excluding certain gains and charges, earnings were $11.1 million, or 27 cents a share, compared with $8.3 million, or 21 cents a share, a year ago. Revenue rose to $291.6 million from $251.1 million. For the fourth quarter, Dycom said it expects per-share earnings from continuing operations of 29 cents to 34 cents on revenue from continuing operations of $295 million to $315 million.

Eaton Vance Corp. (EV, Trade ) said Wednesday that costs associated with an initial public offering of a $5.8 billion closed-end fund caused its net income to fall in the second quarter. The money management firm said it earned $23.1 million, or 17 cents a share, compared with $39.9 million, or 29 cents a share in the year-ago period. Eaton Vance said second-quarter earnings were reduced by 25 cents a share by expenses associated with the IPO of Eaton Vance Tax-Managed Global Diversified Equity Income Fund.

Forest Laboratories Inc. (FRX, Trade ) and Cypress Bioscience Inc. (CYPB, Trade ) said a Phase III study of the company's milnacipran drug showed significant therapeutic effects in patients with fibromyalgia syndrome. Forest and its licensor, Cypress, anticipate submitting a new drug application for milnacipran around the end of 2007. The pivotal trial studied 1,196 patients with primary pre-defined endpoints evaluating the treatment of the pain associated with fibromyalgia syndrome or the overall treatment of the disease itself.

Fremont General (FMT, Trade ) shares rallied for a second day after iStar Financial Inc. (SFI, Trade ) said Tuesday it would buy the company's commercial real-estate lending business for $1.9 billion in cash.

Hewlett-Packard Co. (HPQ, Trade ) won a seven-year technology and services contract worth as much as $5.6 billion from the National Aeronautics and Space Administration, the company said Wednesday.

Memc Electronic Materials Inc.'s (WFR, Trade ) shares rose Wednesday. Standard & Poor's said it would add the company to the S&P 500, replacing Kinder Morgan Inc., on a date to be announced. Also, Nationwide Health Properties Inc. (NHP, Trade ) will replace Memc Electronic in the S&P MidCap 400 Index on a date to be announced. Kinder Morgan is being acquired by an investment group led by Chairman and Chief Executive Richard Kinder.

Men's Wearhouse Inc.'s (MW, Trade ) fiscal first-quarter net income climbed 42% to $40.9 million, or 75 cents a share, from $28.9 million, or 53 cents a share, a year earlier. The April acquisition of After Hours Formalwear contributed 8 cents to the period's earnings, after acquisition-funding costs. Total sales for the Houston retailer of men's apparel grew 14% to $496.1 million from $434.6 million, as U.S. same-store sales declined 1.3%. Canadian same-store sales increased 5.8%.

Medtronic (MDT, Trade ) gained more than 6% in early trading Wednesday after posting a rise in its fiscal fourth-quarter profit that was buoyed by higher sales of its defibrillators and pacemakers.

Omnicell Inc. (OMCL, Trade ) said that it has priced an underwritten public offering of 3.9 million shares at $21.50 a share.

Omnicom Group Inc. (OMC, Trade ) said its board approved a 2-for-1 stock split and boosted its quarterly dividend 20% to 15 cents. Omnicom, a New York marketing and corporate-communications company, recently had 165.4 million shares outstanding. The company will distribute the stock split June 6 to shareholders of record on the same date. The increased dividend will be paid July 5 to shareholders of record on June 6.

Pacific Sunwear of California Inc. (PSUN, Trade ) named Sally Frame Kasaks as chairwoman and chief executive officer. Kasaks has served as interim CEO since October 2006, and has been a director since 1997. Kasaks' employment agreement extends through the completion of the fiscal year ending Jan. 31, 2010, the Anaheim, Calif.-based retailer said.

Stride Rite Corp. (SRR, Trade ) shares rocketed higher Wednesday after discount shoe retailer Payless ShoeSource Inc. (PSS, Trade ) said it will buy the company for roughly $800 million in cash as part of a bid to move up market.

Priceline.com Inc. (PCLN, Trade ) raised the high end of its guidance for 2007 gross travel bookings to $4.25 billion. The Norwalk, Conn., online travel-bookings provider had earlier forecast 2007 gross travel bookings of $4.1 billion to $4.2 billion. Priceline.com also reconfirmed its earnings guidance, saying it still expects 2007 pro forma net income of $2.90 to $3.10 a share. The company added that it expects 2007 earnings at or slightly above the high end of guidance, if full-year gross travel bookings come in at the high end of the revised range of guidance.

SEI Investments Co. (SEIC, Trade ) Wednesday declared a 2-for-1 stock split, payable June 21 to shareholders of record as of June 11. The Oaks, Pa.-based asset manager also said it has approved a $50 million increase in its stock repurchase program.

SenoRx (SENO, Trade ) shares jumped after the Aliso Viejo, Calif.-based medical device maker said it has received 510(k) clearance from the Food and Drug Administration to market its Multi-Lumen Radiation Balloon Applicator for brachytherapy. The device is used to provide brachytherapy to the surgical margins following lumpectomy for breast cancer. The company expects to launch of the product in early 2008.

Shanda Interactive Entertainment Ltd. (SNDA, Trade ) reported first-quarter net earnings of 448 million yuan ($58 million) or 6.14 yuan (80 cents) per American Depositary share, up from 11.8 million yuan, or 0.16 yuan per ADS, in the year-ago period. Excluding a net gain from the disposal of Sina shares, Shanda earned 36 cents a share. The Shanghai-based media company said revenue in the three months ended March 31 rose 56% to 532.3 million yuan from 341.4 million yuan in the comparable period last year.

Talbots Inc.'s (TLB, Trade ) fiscal first-quarter net income dropped to $5.24 million, or 10 cents a share, from $27.4 million, or 51 cents a share, a year earlier. The retailer said Wednesday the latest quarter was hurt by bad weather in April, the Easter holiday shift and a broad-based consumer slowdown. The Hingham, Mass., company earned 23 cents a share excluding 13 cents a share in acquisition related costs, and said first-quarter profit totaled 32 cents a share excluding a loss of 9 cents a share related to its J. Jill brand. Same-store sales for the first quarter fell 3.5% on weaker-than-anticipated customer response to Talbot's casual merchandise.

Target Corp. (TGT, Trade ) said first-quarter earnings rose 18% to $651 million, or 75 cents a share, from $554 million, or 63 cents, a year earlier. The Minneapolis-based retailer said total revenue rose 9.2% to $14.04 billion from $12.86 billion in the year-ago period, helped by a 4.3% increase in same-store sales, contributions from new stores and its credit-card operations. Analysts polled by Thomson Financial expected on average, first-quarter earnings of 71 cents a share on revenue of $14.17 billion. Target said it bought back 9.2 million shares in the first quarter for $549 million.

Wet Seal (WTSLA, Trade ) posted a $7.6 million, or 7 cents a share, profit in the first quarter ending May 5, with sales up to $138 million from $125 million. Analysts polled by Thomson Financial expected earnings of 6 cents a share on revenue of $139 million. Comparable-store sales rose 2.7% during the quarter. It lost $14 million, or 22 cents a share, in last year's first quarter. It expects low single-digit rise in comparable-store sales in May and the second quarter. Earnings are seen between 5 cents and 8 cents a share in the second quarter on sales between $147 million and $152 million.

Decliners

Alaska Air Group (ALK, Trade ) said Wednesday its adjusted net income for the second quarter of 2007 and the full-year would be below 2006 amounts, taking into account fuel costs and revenue trends. Alaska Air also said it would sell four MD-80 aircraft in the second quarter, when capacity at its Alaska Air unit would rise 5%. Unit costs at Alaska Air are expected to fall in the second quarter by 4% to 7.5 cents, excluding fuel, the company said.

Analog Devices (ADI, Trade ) reported a 14% profit decline in the second quarter and said current-quarter earnings will be below market estimates.

Autozone (AZO, Trade ) was downgraded to hold from buy at Citigroup. "While we still see fair value at $145 over the next 12 months, we believe the 9% price appreciation potential from present levels isn't sufficient enough to stomach the macro headwinds ahead," the broker said.

CSS Industries Inc. (CSS, Trade ) shares dropped after the Philadelphia-based maker of gift wrap and greeting cards reported a fiscal fourth-quarter net loss of $5.6 million, or 52 cents a share, vs. a year-ago net loss of $7.67 million, or 73 cents a share. Revenue fell to $45.3 million from $52.2 million. For fiscal 2008, the company expects earnings of $2.45 to $2.60 a share.

Dillard's Inc. (DDS, Trade ) said that its first-quarter net income decreased to $42.9 million, or 53 cents a share, from $61.3 million, or 77 cents a share, a year ago. Analysts had been expecting the company to produce earnings of 73 cents a share, according to data compiled by Thomson Financial. Sales dipped to $1.76 billion, from $1.84 billion last year. Sales of shoes significantly outperformed the average company performance during the quarter, while sales of juniors' and children's clothing declined significantly more than trend.

GameStop Corp.'s (GME, Trade ) fiscal first-quarter net income more than doubled to $24.7 million, or 15 cents a share, from $11.7 million, or 7 cents a share, a year earlier. The latest period included debt retirement costs of 3 cents a share. The Grapevine, Texas, video game retailer said sales for the quarter ended May 5 climbed 23% to $1.28 billion from $1.04 billion, as same-store sales grew 15.3%. On average, analysts polled by Thomson Financial expected earnings of 16 cents a share on revenue of $1.25 billion. Analyst estimates typically exclude items. GameStop expects second-quarter earnings of 7 cents to 8 cents a share and a same-store sales increase between 16% to 18%. Wall Street estimates earnings of 8 cents a share. GameStop raised its full-year earnings forecast to $1.39 to $1.42 a share, from $1.37 to $1.40 a share.

Nationwide Financial (NFS, Trade ) was downgraded to neutral from buy at UBS, with the broker saying its shares have outperformed rival life insurers this year. "Trading at around 1.6 times price-to-book, NFS seems fairly value if credited for a 13% return-on-equity by 2009 and a little rich based on sub-13% return-on-equity for 2007 and 2008," the broker said.

Northfield Laboratories (NFLD, Trade )said in a Phase III trial of red blood cell substitute PolyHeme, the difference in mortality at 30 days between patients who received PolyHeme and control patients who received standard care was not statistically significant.

Pep Boys (PBY, Trade ) reported first-quarter earnings from continuing operations before cumulative effect of change in accounting principle of $3.22 million, or 6 cents a share. During the same period a year ago, the company posted a net loss from continuing operations of $867,000, or 2 cents a share. The Philadelphia-based automotive aftermarket retail and service chain posted revenue of $546 million vs. $556.6 million.

Possis Medical Inc. (POSS, Trade ) shares slid after the Minneapolis-based medical device maker reported fiscal third-quarter net earnings of $44,000, or breakeven a share, vs. a year-ago net loss of $277,608, or 2 cents a share. Excluding items, the company posted a profit of 5 cents vs. 3 cents last year. Revenue rose to $16.2 million from $15.2 million. Analysts polled by Thomson Financial were expecting, on average, a per-share profit of 5 cents on revenue of $17.2 million.

RSC Holdings Inc.'s (RRR, Trade ) shares fell in the company's initial public offering.

TRM Corp. (TRMM, Trade ) shares fell after the Portland, Ore.-based provider of ATM services named Chief Operating Officer Richard Stern as president and chief executive Jeffrey Brotman will remain with the company as non-executive chairman.

Shares of online advertising company ValueClick Inc. (VCLK, Trade ) were downgraded to neutral from outperform by Credit Suisse analyst Heath Terry on Wednesday.

Vion Pharmaceuticals Inc. (VION, Trade ) suspended the Phase III trial of its Cloretazine drug for patients with relapsed adult myelogenous leukemia, pending a detailed review of data from the trial. The New Haven, Conn., biopharmaceutical company said a review of interim data by the trial's independent data safety monitoring board found that any advantage in complete remission could be compromised by the observed on-study mortality to date. Vion said data from the trial, which included 210 patients, will remain blinded while a complete medical review is conducted.

Monday Stocks to Watch

The market is trading higher in the afternoon. Looks like the action came from the bigger cap market. The tech market is yet to be catching with the uptrend. Volume is higher on the NYSE. Nasdaq volume is somewhat lacking.

Movers for the Day:
(VCLK) - reaction from (AQNT)
(AMZN) - new high for the stock
(FWLT) - mid cap stock with strength
(TSL) - China solar play with good earning
(LUNA) - very speculative play, I would avoid this one.
(DNDN) - alive from the grave.

Friday Stocks to Watch

Movers from MarketWatch:

Advancers

99 Cents Only Stores (NDN) reported third-quarter earnings of $8.9 million, or 13 cents a share, up 31% from the year-ago period. The City of Commerce, Calif., discount retailer posted revenue for the three months ended Dec. 31, 2006, of $302.1 million vs. $278.8 million. The company also said that it filed its Form 10-Q for the quarter, bringing it current with its Securities and Exchange Commission filings.

Aquantive Inc. (AQNT) agreed to be acquired by Microsoft Corp. for $66.50 a share, a premium to Thursday's close at $35.87. Microsoft (MSFT) expects the deal for Aquantive, a Seattle digital-marketing-technology provider, to be completed in the first half of fiscal 2008.

Buffalo Wild Wings (BWLD) declared a 2-for-1 stock split, payable June 15 to holders of record June 1. The company also is acquiring nine of its franchised properties in the Las Vegas area for $26 million.

Dr Reddy's Laboratories (RDY) swung to profit of $75 million for the fourth quarter ended March 31 from a $5 million loss in the year-earlier quarter. Revenue more than doubled to $361 million.

Focus Media Holding (FMCN) first-quarter net income rose 73% to $16.3 million, or 15 cents an American depositary share, from a year earlier. Excluding stock-based compensation and amortization from acquisitions, the latest earnings were 21 cents per ADS. Revenue for the Shanghai advertising company jumped 76% to $58.1 million.

General Electric Co. (GE) is close to a final agreement to sell its plastics division, according to a media report. After an extended auction involving a number of bidders, two remain: Saudi Basic Industries Corp. of Riyadh and Basell of Hoofddorp, Netherlands, The Wall Street Journal reported on its Web site, citing people familiar with the matter.

Home Solutions of America Inc. (HSOA) shares rallied after the Dallas-based company said its Fireline Restoration Inc. subsidiary has entered into a joint venture agreement with Blue Diamond Construction Inc. to develop and build residential condominiums and mixed use retail space in New York City. The contracts are worth more than $100 million to Fireline, the company said. Construction is scheduled to begin during the third quarter and should be completed by 2009. Fireline is expected to complete roughly $12 million in work under the contract this year, which the company said was not included in its previously announced backlog.

Intuit (INTU), maker of TurboTax and other financial software, reported third-quarter financial profit and sales beat analysts' expectations. See full story.

Kindred Healthcare Inc. (KND) will join the S&P MidCap 400, replacing Martek Biosciences Corp. (MATK). See full story.

Mattel (MAT) authorized a $250 million increase its stock-buyback program.

TierOne Corp., (TONE) a Lincoln, Neb., lender, agreed to be acquired by CapitalSource (CSE) late Thursday it's agreed to buy for stock and cash valued at $34.46 a share, or $652 million, based on Thursday's closing prices.

Trump Entertainment Resorts (TRMP) said its strategic committee recently received preliminary and conditional indications of interest from parties proposing to acquire the company. See full story.

Verizon (VZ) was upgraded to buy from sell at Citigroup, which lifted its price target on the telecommunications giant to $48 from $33.

Decliners

CalAmp Corp. (CAMP) shares tumbled after the Oxnard, Calif.-based provider of wireless communications products reported fiscal fourth-quarter net earnings of $732,000, or 3 cents a share, vs. $3.47 million, or 15 cents a share, in the year-ago period. Adjusted earnings came in at 8 cents a share in the period ended Feb. 28. Revenue rose to $57 million from $47.8 million. CalAmp expects a fiscal first-quarter net loss of 6 cents to 9 cents a share on revenue of $44 million to $47 million. Excluding items, the company expects per-share results in a range of breakeven to 2 cents.

First Charter Corp. (FCTR) Chief Financial Officer Charles Caswell resigned but will stay on through Aug. 17 to assist in the transition of his role. The Charlotte, N.C., financial-services-holding company named Controller Sheila Stoke interim principal financial officer.

Hurco Cos. (HURC) shares dropped after the Indianapolis-based industrial technology company reported fiscal second-quarter net earnings of $4.68 million, or 73 cents a share, up from $3.91 million, or 62 cents a share, in the year-ago period. Revenue rose to $42.5 million from $36.9 million. Two analysts polled by Thomson Financial were expecting a per-share profit of 78 cents.

Juniper Networks (JNPR) was downgraded to hold from buy at Citigroup, which said that fundamental expectations are beginning to look extended and incremental catalysts at the networking-equipment company appear to be waning.

Sonic Solutions Inc., (SNIC) the Novato, Calif., software company, reported fiscal fourth-quarter net revenue of $38.1 million and said it expects first-quarter revenue of $33 million to $35 million. The company's internal review of its stock-option-grant practices and related accounting remains in progress. Sonic said it will record additional material charges for stock-based compensation expense and will restate previous financial statements. It said it can't yet estimate the size of the charges.

UAL Corp., (UAUA) parent of United Airlines, has reduced 2007 mainline domestic-capacity growth by about 2% from planned levels. The reduction enables the company to meet increasing international demand and optimize its revenue performance, the Chicago carrier said.

Vasogen Inc. (VSGN) shares slid after the Mississauga, Ontario-based biotechnology company said it has entered in agreements to raise $16 million through the sale of its common shares for $3.25 each. Under the terms of the purchase agreements, Vasogen will also issue 5-year warrants to purchase an additional 3.7 million shares at an exercise price of $3.16 each. If all of the 3.7 million warrants are exercised, the company will receive an additional $11.7 million.

The market is trading relatively flat in the afternoon. The bull is still in place. Keep a list of potential buys on your watch list. Look for breaking out stocks such as the list I found from MarketWatch:

Advancers

24/7 Real Media, (TFSM) the New York digital marketing company, definitively agreed to be acquired for $11.75 a share by WPP Group. (WPPGY) Real Media shares closed at $11.26 on Wednesday.

Acxiom Corp. (ACXM) shares rose after the Little Rock, Ark., provider of information-management solutions, definitively agreed to be acquired for $27.10 a share cash, or $2.24 billion, by Silver Lake and ValueAct Capital, the companies said late Wednesday. The deal price is a more than 14% premium over Acxiom's closing price Wednesday of $23.67.

BreitBurn Energy Partners L.P. (BBEP) plans to pay $100 million to buy oil properties in Florida from Calumet Florida, L.L.C., a Delaware limited liability company owned by Vulcan Resources Florida, Inc. The deal will immediately add to distributable cash flow per unit and will allow the Los Angeles firm to increase its quarterly distribution next quarter.

Delta Air Lines' (DAL) shares rose after analysts at Morgan Stanley and Lehman Brothers initiated coverage of the carrier's newly issued shares of at their highest levels, outperform and overweight respectively, citing momentum and cost controls.

Dusa Pharmaceuticals Inc. (DUSA) shares leapt after the Wilmington, Mass.-based company announced that the Food and Drug Administration has granted orphan drug designation for Levulan photodynamic therapy for the treatment of esophageal dysplasia, a disease that occurs in some patients with Barrett's esophagus, a leading cause of esophageal cancer. With the orphan drug designation, Dusa is entitled to seven years of marketing exclusivity for Levulan for the orphan indication.

Enersys (ENS) said it expects fiscal fourth-quarter earnings of 22 cents a share on revenue of $414 million. Analysts polled by Thomson Financial expect the Reading, Pa., maker of industrial batteries to post 18 cents.

Gerber Scientific Inc. (GRB) shares surged after the South Windsor, Conn.-based company said it now expects fiscal fourth-quarter net earnings of 22 cents to 26 cents a share on revenue for $153 million to $155 million. Gerber, which makes equipment and software for sign-making and specialty graphics, apparel and flexible materials, had previously forecast a fourth-quarter per-share profit of 14 cents to 20 cents on revenue of $145 million to $150 million.

Given Imaging Ltd. (GIVN) said the U.S. Food and Drug Administration cleared it to market the PillCam SB 2 video capsule and related software. The SB 2 is Given's newest version of a product with which a doctor can view a patient's small bowel.

Longs Drug Stores Corp.'s (LDG) fiscal first-quarter net income fell 17% to $13 million, or 34 cents a share, from a year earlier. Earnings from continuing operations were 42 cents a share, including charges of 14 cents to divest eight California stores. The Walnut Creek, Calif., chain's revenue for the quarter ended April 26 increased 5.6% to $1.3 billion.

MGM Mirage (MGM) was upgraded to overweight from neutral weight at Prudential Equity, which said a roughly 16% drop in shares since February has created a buying opportunity.

Nexstar Broadcasting Group Inc. (NXST) said it's reviewing strategic alternatives, including, but not limited to, the sale of the company. The Irving, Texas, television station owner said it has hired Goldman, Sachs & Co. to help it conduct the review.

PetSmart Inc. (PETM) reported first-quarter earnings more than doubled to $106.7 million, or 78 cents a share, from the year-ago period. Excluding a benefit of 47 cents a share from sale of some shares in MMI Holdings Inc., PetSmart earned 34 cents in the latest quarter. Revenue at the Phoenix pet-products provider rose to $1.11 billion from $1.01 billion, while sales at stores open at least a year rose 4%.

J.C. Penney (JCP) reported first-quarter net income rose to $1.04 a share from 89 cents in the year-earlier period. The retailer's sales rose 3.1% to $4.35 billion. Analysts surveyed by Thomson Financial expected earnings of $1.03 a share.

Spartan Stores Inc. (SPTN) reported fourth-quarter earnings of $7.2 million, or 34 cents a share, up 36% from the year-ago period. Revenue at the Grand Rapids, Mich., grocery retailer rose to $559.5 million from $452.8 million.

Stanley Inc.'s (SXE) fiscal fourth-quarter net income jumped to 20 cents a share from less than a penny a share a year earlier. The Arlington, Va., provider of information-technology services said revenue for the period ended March 31 increased 39% to $116.6 million.

Sun Microsystems Inc. (SUNW) authorized the buyback of as much as $3 billion of its common shares.

Technical Olympic USA Inc.(TOA) shares rose after the Hollywood, Fla.-based homebuilder it has received a commitment from Citigroup Global Markets Inc. and certain affiliates to establish a $250 million first lien term loan facility and a $250 second lien term loan facility. Technical Olympic also agreed to reduce its existing $800 million revolving loan facility by $100 million. The homebuilder expects to use the loans to fund any settlements related to its Transeastern joint venture.

Warnaco Group Inc.'s (WRNC) board approved a new 3-million-share buyback. It's in addition to the 978,915 shares remaining under its current authorization.

Decliners

BT Group (BT) reported that for the fourth-quarter ended March 31, adjusted pretax profit rose 10% to 695 million pounds, with the U.K. fixed-line telecom operator's revenue up 3% to 5.29 billion pounds. Traditional revenue dropped 3% but a 32% jump in broadband revenue and a 6% improvement in networked IT services led to an improving top line.

Caterpillar (CAT) was downgraded to hold from buy at Stifel Nicolaus. The firm said it doesn't expect shares of the company to participate in the growth-stock led market it expects in the next six to 12 months. "We see storm clouds for consumer spending that pressure economy-sensitive stocks in the seasonally weak May to October period due to housing asset price wealth effects and refinancing pressure," the analyst wrote. Caterpillar's pretax earnings margin "is beginning to level as it has often done at this point in the average of the past four cycles," according to the research.

Doral Financial Corp. (DRL) agreed to sell $610 million of stock for 63 cents a share. The shares will be sold to a newly-formed group -- Doral Holdings -- owned by investors including Bear Stearns Merchant Bank and Goldman Sachs. Following the transactions, the new group will own around 90% of Doral Financial, with existing shareholders owning the remaining 10%. The investment will provide capital to repay a $625 million floating rate note and to fund the previously-announced settlement of a class-action lawsuit and shareholder litigation.

Dow Jones & Co. (DJ) shares slipped after the board of the New York publisher held its regular meeting on Wednesday and took no action as the company's controlling family mulled a $60-a-share takeover offer from News Corp., controlled by the media executive Rupert Murdoch, The Wall Street Journal Online reported. Dow Jones is the owner of MarketWatch, the publisher of this report.

Flow International Corp. (FLOW) shares slipped after the Kent, Wash.-based maker of industrial waterjet machines said its Board has completed its review of strategic alternatives and has determined that the company's best alternative for optimizing shareholder is to "continue executing its strategic plan." Flow International also said it hopes to complete its search for a successor for retiring Chief Executive Stephen Light soon.

Micron Technology Inc. (MU) said it plans to offer $1.1 billion of unsecured convertible senior notes due June 1, 2014. The Boise, Idaho, maker of flash-memory products plans to grant the underwriters an option on $165 million more notes if demand for the issue requires.

Napster Inc. (NAPS) said its fiscal fourth-quarter net loss deepened to 20 cents a share from a dime in the year-earlier period. For the quarter ended March 31, revenue at the digital-music company grew more than 8% to $29.1 million.

National Grid Plc, (NGG) the U.K. utility operator, agreed to sell its U.S. wireless-infrastructure business for $290 million to M/C Venture Partners and Wachovia Capital Partners. National Grid also reported fiscal 2007 earnings fell 64% on 2% lower revenue.

New York Times Co. (NYT) reported that in April, advertising revenue from continuing operations fell 3.6% from the year-earlier month while companywide revenue on the same basis fell 2.2%.

Opnet Technologies Inc.'s (OPNT) fiscal fourth-quarter net income rose 60% to $1.58 million, or 7 cents a share, from a year earlier, as its operating-profit margin widened. Revenue at the Bethesda, Md., provider of management software rose 14% to $24.4 million.

Opnext (OPXT) said it swung to a $1.5 million, or 3 cents a share, profit in the fourth quarter ending March 31, with revenue rising up 42% to $65.4 million. It lost $2.8 million, or 5 cents a share in the year-ago quarter. Excluding stock compensation expense it would've earned $5 million, or 9 cents a share. First-quarter revenue is seen between $67.5 million and $71.5 million and longer-term gross margins should approach 40%, excluding stock-based compensation expense.

Salesforce.com Inc. (CRM) swung to first-quarter profit from a loss in the year- earlier period and beat analysts' sales forecasts.

Wednesday Stocks to Watch

These stocks are worth watching from MarketWatch:

Advancers

Agile Software (AGIL) shares jumped after the company agreed to be acquired by Oracle (ORCL) for $495 million.

AMR Corp. (AMR), the parent company of American Airlines, was upgraded to buy from hold at Soleil Securities.

Barnes & Noble Inc., (BKS) the New York book retailer, added as much as $400 million to its buyback plan. Some $27 million remains from the previous authorization.

Bausch & Lomb (BOL) agreed to be acquired for $65 a share by the private-equity firm Warburg Pincus. The deal is valued at $4.5 billion, including Warburg Pincus's assumption of $850 million of Bausch & Lomb debt.

Citigroup (C) shares rose after ESL Investments, a hedge fund run by Edward Lampert, said it secured a big stake -- 10.9 million shares valued at more than $605 million -- in the banking giant earlier this year, according to a Securities and Exchange Commission filing. The stake was filed with the SEC on Feb. 14 but was confidential. That confidentiality expired on Tuesday.

CommVault Systems Inc.'s (CVLT) fiscal fourth-quarter net income surged to $1.16 a share, reflecting a tax benefit, from 13 cents in the year-earlier period. The adjusted latest earnings were 14 cents a share. The Oceanport, N.J., provider of storage and data management software said revenue for the quarter ended March 31 increased 32% to $42.6 million.

Compuware Corp. (CPWR) reported fiscal fourth-quarter earnings of $67.5 million, or 21 cents a share, up 20% from the year-ago period. The Detroit software company's revenue in the three months ended March 31 rose to $313 million from $309.5 million.

Continental Airlines (CAL) was upgraded to hold from sell at Soleil Securities.

Copa Holdings (CPA) reported first-quarter earnings of $48.6 million, or $1.12 a share, up from a year-ago profit of $32.3 million, or 75 cents a share. The Panama City-based parent company of Copa Airlines and Aero Republica said its revenue rose 26.7% in the quarter to $242.7 million.

East Penn Financial Corp. (EPEN) shares rose after the company agreed to be acquired by Harleysville National Corp. (HNBC) for $92.7 million. The deal values East Penn shares at roughly $14.50 each.

H&E Equipment Services Inc. (HEES) agreed to acquire J.W. Burress Inc., which distributes construction equipment, for about $108.7 million and debt assumption of about $400,000. The Baton Rouge, La., equipment services company said Wednesday it could pay $12.9 million more over three years if Burress remains a Hitachi distributor. H&E doesn't expect Burress will continue to represent Hitachi. H&E added it expects the transaction will add to 2007 earnings. It also expects to complete the acquisition no later than July 31, subject to the completion of Burress' 2006 audit and other customary closing conditions.

International Assets Holding Corp. (IAAC) shares surged after the New York-based financial services company reported fiscal second-quarter net earnings of $681,000, or 8 cents a share, vs. $1.09 million, or 13 cents a share, in the year-ago period. Adjusted earning before interest, taxes, depreciation and amortization rose to $4.49 million from $3.26 million last year. Revenue climbed to $14.8 million from $9.02 million a year ago.

Jack in the Box Inc. (JBX) second-quarter profit rose 25% to $27.2 million, or 80 cents a share, as revenue grew 6.8% to $660.7 million. Analysts polled by Thomson Financial were expecting 70 cents on revenue of $663 million. Same-store sales rose 6.4% and its operating-profit margin improved to 18.3% from 17.6%, helped by lower utility costs. The restaurant group also raised its earnings estimates for 2007.

O'Charley's Inc.'s (CHUX) fiscal first-quarter profit rose 9.6% to $7.9 million, or 33 cents a share, from a year earlier. Excluding charges related to manufacturing equipment, the Nashville restaurant company earned 36 cents a share in the latest period. Revenue for the quarter ended April 22 climbed 2.1% to $312.9 million. Analysts polled by Thomson Financial expected earnings of 31 cents on revenue of $314 million.

Quanex Corp. (NX) said its board plans to review the strategic alternatives for its Building Products Group. The company said the options could include a tax-free spin-off to shareholders, a sale or joint venture. Houston-based Quanex said the business generated sales of about $1.1 billion and operating income of about $135 million in the year ended Oct. 31. The company has hired Lazard Freres & Co. to serve as its financial advisor.

Tecumseh Products Co. (TECUA) shares rallied after the maker of hermetic compressors reported a first-quarter net loss of $16.8 million, or 91 cents a share, vs. a net loss of $12.6 million, or 68 cents a share, in the year-ago period. Revenue rose to $460.5 million from $446.1 million. Tecumseh expects the operating results of all three of its business segments to improve in the second quarter of 2007 when compared to prior-year results.

Shares of WCI Communities Inc. (WCI) rose after the Bonita Springs, Fla., builder said it sent a letter to shareholders seeking support to ensure a fair sale process. The letter said the company has entered into a number of confidentiality agreements with entities that have expressed an interest in acquiring WCI. The letter said the election at an upcoming June 15 annual shareholder meeting of a slate of directors backed by financier Carl Icahn, who has made a $22-a-share offer for WCI, "could jeopardize the sale process or make the process less than fair and open." The company said it continues to believe it could get a better alternative to Icahn's offer that could provide shareholders with greater value than $22 a share

Decliners

Air France-KLM (AKH) was downgraded to neutral from buy at UBS. "With the results on May 24, we prefer to wait and see how it has fared in the fourth quarter, after which we will readdress our view," the broker said. It's predicting operating profit of 1.22 billion euros, which it said was slightly above consensus.

Applied Materials Inc. (AMAT) second-quarter net income was flat with a year earlier, while its sales of chip-equipment rose on demand from makers of consumer electronics. See full story.

Arcelor Mittal, (MT) the world's largest steelmaker, reported that first-quarter net income rose 40% on 17% higher sales. The company also sees higher second-quarter earnings, driven by higher prices.

Deere & Co.'s (DE) fiscal second-quarter earnings fell 16% to $623.6 million, or $2.72 a share, from a year earlier, when results were boosted by $227.6 million from discontinued healthcare operations. Earnings from continuing operations were $2.72 a share, up from $2.17. The Moline, Ill., farm-machinery maker said its revenue for the quarter ended April 30 rose 5% to $6.88 billion. Analysts polled by Thomson Financial expected revenue of $6.46 billion.

Dolby Laboratories Inc. (DLB) said it has filed a shelf registration covering the sale of as many as 8 million Class A common shares by an affiliate of founder and Chairman Ray Dolby. The selling holder has commenced an offering of 7 million shares, and the underwriters have an option to purchase as many as 1 million more shares.

DTS Inc. (DTSI) swung to a first-quarter net loss of 4 cents a share from a year-earlier profit of 38 cents. The latest earnings from continuing operations came in at 11 cents a share. The Agoura Hills, Calif., digital-technology company's revenue fell to $12.6 million from $20.7 million.

Federated Department Stores (FD) swung to first-quarter profit of 8 cents a share from a year-earlier loss of 9 cents. The latest earnings from continuing operations were 11 cents. Sales were about flat at $5.92 billion. The retailer cut the bottom end of its estimate of second-quarter adjusted earnings. It now expects 35 to 45 cents, compared with its prior estimate of 40 to 45 cents.

Gaming Partners International Corp. (GPIC) shares slid after the Las Vegas-based maker of gambling products reported fourth-quarter net earnings of $115,000, or a penny a share, vs. net earnings of $2.1 million, or 26 cents a share, in the year-ago period. Revenue in the quarter ended Dec. 31 fell to $16.1 million from $16.2 million in the same period last year. Analysts polled by Thomson Financial were expecting, on average, a per-share profit of 18 cents.

GoAmerica Inc. (GOAM) shares slumped after the Hackensack, N.J.-based provider of relay and wireless communications for the hearing impaired reported a first-quarter net loss of $765,000, or 35 cents a share, vs. a net loss of $1.08 million, or 51 cents a share, in the year-ago period. Revenue rose to $4.31 million from $1.64 million last year.

Kinder Morgan Management LLC (KMR) priced a public offering of 5.7 million shares, representing limited liability company interests. The underwriter, Citi, has an option on as many as 855,000 more shares if demand for the offering is sufficient.

Limited Brands, (LTD), the owner of Bath and Body Works and Victoria's Secret, was cut to hold from buy at Citigroup, which cited deteriorating fundamentals at Victoria's Secret, compounded by difficult same-store-sales comparisons in the second half of the year. The downgraded follows news from the company after Tuesday's closing bell that its earnings won't meet previous expectations and that i plans to sell part of its Express Stores division and consider options for its namesake stores.

Navios Maritime Holdings Inc. (NM) first-quarter net income available to common-share holders rose to 13 cents a share from 11 cents a year earlier. The shipping company's revenue more than doubled to $101.8 million.

Photronics Inc.'s (PLAB) fiscal second-quarter net more than doubled to 30 cents a share from 12 cents a year earlier. The most recent quarter ended April 29 includes a net benefit of 16 cents as the Brookfield, Conn., semiconductor-equipment company resolved and settled U.S. and foreign tax liabilities. Sales fell 8.2% to $109.6 million.

Salary.com Inc. (SLRY) reported fiscal a fourth-quarter net loss attributable to common-stock holders widened to 44 cents a share from 31 cents in the year-earlier period. Excluding items, the loss was flat at 11 cents. The Waltham, Mass., provider of compensation-management services said revenue in the three months ended March 31 rose 42% to $6.4 million.

Wireless Ronin Technologies' (RNIN) shares tumbled after the Minneapolis-based company announced that it has filed a registration statement covering an offering of 4 million shares of common stock. Of the total, Ronin plans to offer 3 million shares and a selling shareholder plans to offer 1 million shares.