Friday, February 22, 2008

Stocks to Watch Friday

The market is trading lower this Friday. Nasdaq is trading at the level we have seen since October of 2006. The trend is still down. There is just no incentive to buy anything these days. But it is still worth while to keep a good list of stocks when the market returns.

The stocks are worth watching are:

Symbol Last Sale Price Change Net / % Share
Volume
Volume % Change
TSON
TranS1 Inc.
$ 13.22 +2.36 ^21.73% 354,695 304%
MINI
Mobile Mini, Inc.
$ 15.90 +.64 ^4.19% 895,631 220%
UEIC
Universal Electronics Inc.
$ 21.85 +3.07 ^16.35% 506,530 210%
SHPGY
Shire plc
$ 58.07 +1.22 ^2.15% 2,782,914 170%
ESMK
Esmark Incorporated
$ 11.50 +.88 ^8.29% 336,457 167%

Thursday, February 21, 2008

The Market Is Turning South Against

The market is trading lower from its earlier high this morning. It started higher and ends lower by the closing bell. That is not what we wanted to see. The bear is running wild. Fortunately, I sold some of my buys yesterday this morning.

Buying anything in this kind of market can be deadly to your financial nest eggs. We are still in the bear market, stop buying now.

Wednesday, February 20, 2008

Are the Bulls Coming Back?

The market has turned from trading lower to trading higher in the afternoon as volume expands, could this be the signal to the upside? From the past experiences, this could be the turning point. If you will to step-in and take advantage of the first strong up day. I would place small potion of my capitols to purchase some leading stocks. Stocks such as (RIMM), (AAPL), and (GOOG) do not look bad at all. If the market turns back, we can sell them whenever is appropriate.

Tuesday, February 19, 2008

Stocks to Watch Tuesday

The market is marching higher in the afternoon. It dropped off from the initial open high of the day. Trading volume is lower than the typical trading days. That means the traders are selling into the strength. The clear direction is heading lower in the days to come. Until the sentiments change, hold your cash and put up a stock watch list.

Keep a list of trading up stocks in the down market. Watch and get in only when the timing is right. Today's stocks watch list.

Company Last Sale* Change Net / % Share Volume
ASYT
Asyst Technologies, Inc.
$ 3.26 0.67 25.87% 756,171
MENT
Mentor Graphics Corporation
$ 9.41 1.67 21.58% 4,212,121
COCO
Corinthian Colleges, Inc.
$ 9.35 1.63 21.11% 4,617,202
PRXI
Premier Exhibitions, Inc.
$ 5.17 0.88 20.51% 1,410,158
CEGE
Cell Genesys, Inc.
$ 2.84 0.48 20.34% 8,809,869

Friday, February 15, 2008

Stocks to Watch Friday.

Here is the list for strength when the bulls are back, the bold face means % more the typical trading volume:
CGNX
Cognex Corporation
$ 19.81 4.42 28.72% 2,351,097 894%
RADS
Radiant Systems, Inc.
$ 15.98 2.70 20.33% 1,585,519 573%
EHTH
eHealth, Inc.
$ 25.70 3.67 16.66% 1,533,653 486%
ASIA
AsiaInfo Holdings, Inc.
$ 12.14 2.78 29.70% 1,705,876 465%
PCLN
priceline.com Incorporated
$ 121.35 19.12 18.70% 6,743,571 416%

Stock Market Technical Analysis 2/14/08

Wednesday, February 13, 2008

Solar Power Stocks are Flying Today

This article is dual published on my other stocks Idea blog, I am transitioning this blog to a new location.

After First Solar (FSLR) and Applied Material (AMAT) earning announcements, the solar stocks are on the fly in the morning. Both companies are indicating demand for solar panels are very hot right now and can continue into 2009. That is the good news for the solar companies.

These are the only companies are worth getting into. The rally today could be another dead cat bounce in the bear market. But definitely keep your eyes on the solar stocks when the market turns into the uptrend.

Tuesday, February 12, 2008

What to Trade With the High Price of Oil

I am sure everyone is complaining the price of oil is going up since the beginning of Iraq war. Are there any trading ideas for it. Here is the interesting article on how to benefit from it:

How to Profit from the Pain at the Pump

A Very Good Stock Ideas Blog Site

Here is a very stock blog site where you can what people are talking about some stock trading ideas. The site is:

http://stocks.go4reward.com/

Monday, February 11, 2008

Stocks to Watch Monday

The market is trading slightly higher in the afternoon Monday session. The notable winners are:

(CRM)
(MTL) - new high with strong volume (pay attention to this)
(MFLX) - continuation from last week.

Friday, February 08, 2008

Friday Stocks to Watch

The market is trading lower in the afternoon. Like the previous days, it started higher, but it traded lower in the afternoon. It is not what we expected in the bull market. With the market down over 20% since the high of October for Nasdaq, it is clearly that we are in the bear market.

One clear winner for today is Amazon (AMZN). This is the one we should pick up when the bull returns. Why the stock is up because the company is buying back its debts and stocks worth over $1 billion. That is bullish for the stock, but unfortunately we are in the bear market, so I would not even consider buying now. Put that one in your watch list.

(CTSH) is another should be in your watch list as well, why? Because it had blowout earnings, and it is up in the bad market.

Thursday, February 07, 2008

Stocks are in Correction Mode

With current financial situations: sub-prime crisis, inflation fear, higher unemployment, slower expected retail sales, and recession fear; I believe all the tradable rallies are opportunities to reduce your holdings. Even companies with good earnings, (JDSU), (DIS), and (MA) are down from its earning announcements. The big gainers are becoming the shorting candidates as the market rally from the lows.

A prime example is (ACL). It is up almost 10 points today. If the rally failed, I would predict the stock will get hammer with the trend. The only one I really like is (SIRF). Its market is about $400 millions now after it crashed from the high of $34. It has no long term debt and a lot of cash $200 millions. It would be interesting take out companies by the bigger cap tech company. GPS is still in demand. I believe within a few month, we may see the announcement.

Wednesday, February 06, 2008

Stocks to Watch Before Open Wednesday

The US market is expected to open slightly higher today after this morning's productivity report. (JDSU) is advancing this morning after it beat its earning estimate after close yesterday, it is up 23% pre-open. (ORCT) is advancing 31% after it announced its 15 year contract with Deutsche Telekom, this one looks interesting to get into.

The overall market is heading lower in the near future, I would use this opportunities to reduce my holdings, avoid major buying positions right now. But small position into (ORCT) maybe OK to do.

Tuesday, February 05, 2008

Penny Stock Roaring in the Big Down Market

IDM Pharma Inc (IDMI) soared over 100% today after it announced its favorable phrase-3 trial of its late-stage trial of its drug for a rare bone cancer reduced risk of death by 30 percent. Volume has picked tremendously yesterday and today. Even with the massive down market today, it is the star of the day. From the look of trading pattern of the stock, it may still have more upsides to it.

The stock has traded between the range of $0.50 to over $10. It is definitely a speculative stock. The company is losing money. Its normal trading volume is only 220K, but today is over 8 million shares traded. If you can tolerate risk and have gambling money for yourself, then it may not be a bad idea to play a small position in it. Once you get another 15 to 20 percent gain, it maybe time to get out.

The Stock Market Is Tanking

This market is very volatile. It is up 2-3% one day, and down 2-4% another day. If you are not right about the direction, then it is better off not to trade at all. But one thing is certain. The direction is down. The rally is mostly dead-cat bounce. Use your next opportunity of up days to sell into the rally until the situation changes.

Looks like the traders are thinking global economic slow down around the world because of the US slows down. Regardless the cause, the bottom line is avoid buying any stocks now.

Monday, February 04, 2008

Stocks to Watch on Monday

The market opened mixed and traded down around midday. The Chinese Shanghai market is up big this morning with a massive 8% gain. Wow! Is the Chinese market back? There are still many signs of uncertainty, such as is recession coming, who will win presidency in 2008, more write downs from many corporations, and more inflation is coming?

But one thing is certain, maybe some companies valuations are low, look at (SGTL) is taken out by the Freescale. Looks like the coal related stocks, such as (FDG), (ANR), (PCX) are up in the current down market. Maybe coal is the short term answer to the energy problem for now.

Saturday, February 02, 2008

Events to Watch Next Week

The stock market had a very good week after a series of down weeks in January with very good volumes. I think the market is putting a good short term bottom right now. It is maybe time to put in small portion of cash into action now. The beaten down financial and housing stocks maybe showing signs of not going down further even with more bad news. Bigger cap companies have the resources to swallow the smaller rivals, such as Microsoft (MSFT) is buying Yahoo (YHOO). Sound financial companies. Here are the news worth watching from Yahoo:
Conference/Events Calendar for the week of February 4th - 8th:
Monday: MSFT Strategic Update; JAVA Analyst Meeting; ADCT, HTCH, ARRS, IKAN, NVLS, PAR at Thomas Weisel Partners 2008 Technology Telecom Internet Conf; Banc of America Securities MBA CREF Multifamily Housing Client Event; CPF, PG at CFO.com Performance Management Analytics: How to Drive Fact-Based Strategy, Resource Management, and Operating Decisions Conf; SD, XTO at Credit Suisse Group Energy Conf...
Tuesday: STT Analyst Meeting; UAUA Analyst Meeting; Banc of America Securities MBA CREF Multifamily Housing Client Event; Credit Suisse- 2008 Financial Services Forum; DLM at Goldman Sachs Consumer/Retail Leveraged Finance Conf; DNR, HAL, CHK, CXG, HERO, STG at Credit Suisse Group Energy Conf; GR, DCO, RTN, ATRO at Cowen and Company Aerospace/Defense Conf; JAVA Analyst Meeting - Sun's Annual Analyst Summit (SAS;); MIPI: The Future of Radiopharmaceuticals: Improved Imaging and Treatment for Serious Diseases; MSFT, CHK, AMGN, SUN at American Legal Media (ALM) Legaltech-NY Conf; RHT, ACS, MSCC, MSPD, NETL, TTMI, ITRI, NSM, CSGC at Thomas Weisel Partners 2008 Technology Telecom Internet Conf; ZMH, CMED, BRL, SGEN, ALKS, ALXA at Merrill Lynch 19th Global Pharmaceutical, Biotechnology & Medical Device Conf.
Wednesday: JAVA Analyst Meeting - Sun's Annual Analyst Summit (SAS); AXP Financial Community Meeting; CTXS Analyst Day 2008; AMAG, SVNT, XNPT, ZGEN, CELG, BSX, MCK at Merrill Lynch 19th Global Pharmaceutical, Biotechnology & Medical Device Conf; APC, RIG, CPX, FE at Credit Suisse Group Energy Conf; Banc of America Securities MBA CREF Multifamily Housing Client Event; CR, AME, BEZ, CIR, FLS, ROP at Gabelli & Company, Inc. 18th Annual Pump, Valve & Motor Symposium; GS, TCB, SNV, KFN, LEH at Credit Suisse Group Financial Services Forum; IVAC, SYMC, SONS, VSEA, AVT at Thomas Weisel Partners 2008 Technology Telecom Internet Conf; LEH at IBF (International Business Forum) Nano Applications & Advanced Materials Forum; NCIT, BEAV, PCP, KTOS, NOC at Cowen and Company Aerospace/Defense Conf; SONE BAI Transpay Conference & Expo...
Thursday:
Credit Suisse- Alternative InvesELY Analyst Meeting; EMR Annual Investment Community Update; PETD Analyst Meeting tment Seminar; CSCO, DELL, CS, PNY, RTN, MFE, CITI at American Legal Media (ALM) Legaltech-NY Conf; CSE at ACG Capital Connection-Atlanta Conf; DRIV, PAET, MOLX, VSH at Thomas Weisel Partners 2008 Technology Telecom Internet Conf; DVN, OXY, BRS, CAM, DVN, SWN at Credit Suisse Group Energy Conf; PRGS, BCSI, BEAS, FRE at Forrester Research Enterprise Architecture Forum; RF, JPM, SLM, ZION, MF at Credit Suisse Group Financial Services Forum; SIRT, TSCM, BKR, BMTC at Emerald Research 15th Annual Groundhog Day Investment Forum; THRX, XRAY, EW at Merrill Lynch 19th Global Pharmaceutical, Biotechnology & Medical Device Conf; WTS and RBC at Gabelli & Company 18th Annual Pump, Valve & Motor Symposium...
Friday:
GLW Inverstor Meeting; SRVY Investors Meeting; STJ Analyst Meeting; PXD, PDE, NBR at Credit Suisse Group Energy Conf.

Friday, February 01, 2008

Is the Market Bottom?

The biggest news before the open today is Microsoft (MSFT) buying (YHOO). This news is basically saying that stocks are cheap. The bigger cap companies are buying smaller rivals. The negative news front is still remain, recession fear, bad housing market, sub-prime problems, inflation fear. But based on yesterday's trading pattern, it looks like the short term bottom has been reached. It maybe OK to dip a small portion right now to test the water. If we are wrong, we don't have to lose a lot in it.