The bull is roaring again on Friday. It has been up since the Tuesday session. The bull is back and has recovered all the lost it made during December in just 4 days. A very powerful bull indeed. DO not underestimate the move it made recently.
Around 1:30 pm EST, Nasdaq is up another 24 points, S&P 500 is up about 10 points. A new high for the Nasdaq market in recent memories. The advancers to decliners and up to down ratios are all positive. The market sentiment is great It is time to build up positions now.
Stocks worth mentioning are:
(TRLG), this apparel retailer tackled another $0.75 today after a massive up day yesterday. Volumes is about 200% more than normal.
(ATI), the specialty steel alloy company is up another $1 today after the break-out day a few days ago. Like the market, it is making a series of higher highs.
(STMP), broke out today with $1.50 gain. According Yahoo Finance, it provides Internet-based postage solutions. It operates in three segments: Internet Postage Service, PhotoStamps, and Online Store. Volume is about 300% of the typical trading day.
Friday, January 06, 2006
Thursday, January 05, 2006
Thursday's Stocks to Watch
The Nasdaq market is trading up in the afternoon on Thursday. Around 3:20 pm EST, Nasdaq is up about 11 points, S&P 500 is down about 1. The advancers to decliners ratio is about even on both Nasdaq and NYSE. The up to down volumes are 12 to 3 on Nasdaq and 8 to 9 NYSE. Volume looks still high as compared to typical trading day. Bull action seems to be coming from the Nasdaq market. That is what the typical good bull market shows in the recent trading weeks.
Stocks worth mentioning:
(TRLG), is up about $3around 3:00 pm EST Thursday. According to Yahoo Finance, it is in the design, development, manufacture, marketing, distribution, and sale of fashion jeans and other apparel. Volume has picked up a massive amount 500% more than the typical day. A break-out move today. This one should be on your watch list.
(JOSB), another retailer is popped up about $4.50 in the afternoon. Its same store sale was up about 20% compared to last year's December quarter. And added the stock's bull fire move, it got an upgrade from an analyst. Volume has also much higher than normal. A bullish sign for the stock.
(GES), is up about $1.5 in the afternoon. It reported a very strong same store sale this morning. It is up about 17.5%.
It seems like most of the actions are coming from the retailers on Thursday. The whole retail group is on fire today.
Stocks worth mentioning:
(TRLG), is up about $3around 3:00 pm EST Thursday. According to Yahoo Finance, it is in the design, development, manufacture, marketing, distribution, and sale of fashion jeans and other apparel. Volume has picked up a massive amount 500% more than the typical day. A break-out move today. This one should be on your watch list.
(JOSB), another retailer is popped up about $4.50 in the afternoon. Its same store sale was up about 20% compared to last year's December quarter. And added the stock's bull fire move, it got an upgrade from an analyst. Volume has also much higher than normal. A bullish sign for the stock.
(GES), is up about $1.5 in the afternoon. It reported a very strong same store sale this morning. It is up about 17.5%.
It seems like most of the actions are coming from the retailers on Thursday. The whole retail group is on fire today.
Wednesday, January 04, 2006
Wednesday's Stocks To Watch
The market continues its up momentum from yesterday. Yesterday was a very interesting day. It started up, and then down slightly, then up big at the close. This is a sign of bull strength is coming back to the market.
At around 2:00 am EST on Wednesday, Nasdaq is up about 17, S&P500 is up about 3. The market opens up earlier, and the gains stay as the day goes, a very different behavior from previous two weeks' trading pattern. The advancers to decliners are 22 to 10 on the NYSE and 18 to 11 on Nasdaq. The up to down volumes are 10 to 4 on NYSE and 8 to 3 on Nasdaq. The sign of bull is roaring back now.
Stocks worth mentioning are:
(ISRG), it is up about $4.5 around 12:30pm EST after the recent weakness movements. It was one of the top gainers during the year 2005 with a gain of about 198%. A very impressive up percentage for any stock. Volume has picked a bit more than normal. I believe the support is about $110 now. That would be a very good entry price for the stock.
(HLEX), gapped up this morning, is up about 2.51 after Tuesday's 8% gain. It was upgraded by a stock analyst from Market Perform to Outperform this morning. After close Tuesday, the company announced that its Catalyst Rx division was chosen by Wellmark to provide pharmacy benefit management services. Another boost to the rocket ship.
(PSYS), it jumped about $5 with high volume. After close Tuesday, the in-patient mental health clinics company upped its 2006 outlook because of recent acquisitions. It now expects full-year earnings of $2.20 to $2.25 a share vs. the consensus estimate was for $2.16.
At around 2:00 am EST on Wednesday, Nasdaq is up about 17, S&P500 is up about 3. The market opens up earlier, and the gains stay as the day goes, a very different behavior from previous two weeks' trading pattern. The advancers to decliners are 22 to 10 on the NYSE and 18 to 11 on Nasdaq. The up to down volumes are 10 to 4 on NYSE and 8 to 3 on Nasdaq. The sign of bull is roaring back now.
Stocks worth mentioning are:
(ISRG), it is up about $4.5 around 12:30pm EST after the recent weakness movements. It was one of the top gainers during the year 2005 with a gain of about 198%. A very impressive up percentage for any stock. Volume has picked a bit more than normal. I believe the support is about $110 now. That would be a very good entry price for the stock.
(HLEX), gapped up this morning, is up about 2.51 after Tuesday's 8% gain. It was upgraded by a stock analyst from Market Perform to Outperform this morning. After close Tuesday, the company announced that its Catalyst Rx division was chosen by Wellmark to provide pharmacy benefit management services. Another boost to the rocket ship.
(PSYS), it jumped about $5 with high volume. After close Tuesday, the in-patient mental health clinics company upped its 2006 outlook because of recent acquisitions. It now expects full-year earnings of $2.20 to $2.25 a share vs. the consensus estimate was for $2.16.
Tuesday, January 03, 2006
Tuesday's Stocks To Watch
The market starts the new year with a decent gain at the open, but the gain has faded away as the day passed. At 1:15 pm EST on Tuesday, all exchanges are flat. Nasdaq is down about -1.5, S&P 500 is up about 2. The advancers to decliners ratio on both exchanges are going in a different directions. It was 12 to 17 on the Nasdaq and 18 to 14 on NYSE. The up to down volumes are about 5 to 4 on Nasdaq, and 6 to 5 on NYSE. The trading volume is on track to be higher than the normal trading days. Like the trading pattern of last couple weeks, market opens high, but it ends lower. It does not look bullish at all. It is a sign of market weakness.
Stocks worth mentioning are:
(FFIV), the network is up about $3.6. It is due to report earning in mid January. It broke the 52 week high today with more than doubling the normal trading days.
(THOR), the maker of blood diagnostic test kits and heart devices is up about $1.75. An analyst upgraded the stock from Hold to Buy. Also JP Morgan upgraded the stock from Underweight to Neutral. It broke the recently established 52-week high. Volume has doubled as compared to normal trading days.
(PPC), the poutry producer is down about $6. It lowers its quarter earning forecast this morning. It expects to earn from 36 cents to 41 cents a share in the first quarter; well below its prior forecast of 75 cents to 85 cents a share. A bearish sign.
Stocks worth mentioning are:
(FFIV), the network is up about $3.6. It is due to report earning in mid January. It broke the 52 week high today with more than doubling the normal trading days.
(THOR), the maker of blood diagnostic test kits and heart devices is up about $1.75. An analyst upgraded the stock from Hold to Buy. Also JP Morgan upgraded the stock from Underweight to Neutral. It broke the recently established 52-week high. Volume has doubled as compared to normal trading days.
(PPC), the poutry producer is down about $6. It lowers its quarter earning forecast this morning. It expects to earn from 36 cents to 41 cents a share in the first quarter; well below its prior forecast of 75 cents to 85 cents a share. A bearish sign.
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