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.