Monday, February 8th, 2010

Who Cares About Stocks

Monday, February 8, 2010 at 3:58 pm

2

The Saints just won the SuperBowl!

What a game that turned out to be, the onsides kick after halftime was insane! And, then the interception by 23 year old Porter, from Indiana, to pretty much seal the deal, INCREDIBLE!

I love the play calling by coach Payton, and am proud of my boys for winning it all. I’m still in shock, and still trying to recover!

Hopefully I can get some work done tonight and bring you guys something to work with. But, for now, Who Dat? Nobody.

Post to Twitter Post to Digg Post to Facebook

Earnings

Saturday, February 6, 2010 at 2:09 pm

11

Monday:

  • The Andersons, Inc. (ANDE: 28.92 +5.09%)
  • Compass Minerals International, Inc. (CMP: 65.30 -0.87%)
  • Electronic Arts Inc. (ERTS: 17.49 +1.33%)
  • Evergreen Solar, Inc. (ESLR: 1.35 -4.26%)
  • Trident Microsystems, Inc. (TRID: 1.81 +6.47%)

Tuesday:

  • (AGCO: 30.44 0.00%)
  • Agrium Inc. (USA) (AGU: 57.77 -1.97%)
  • Alpha Natural Resources, Inc. (ANR: 40.40 -1.87%)
  • Baidu.com, Inc. (ADR) (BIDU: 443.23 -1.24%)
  • Energy Conversion Devices, Inc. (ENER: 8.89 -1.98%)
  • EOG Resources, Inc. (EOG: 91.58 -1.38%)
  • NYSE Euronext (NYX: 22.50 -2.26%)
  • Vulcan Materials Company (VMC: 43.50 -0.37%)
  • The Walt Disney Company (DIS: 29.48 -0.20%)

Wednesday:

  • (ATVI: 10.16 -0.49%)
  • BHP Billiton Limited (ADR) (BHP: 67.90 -1.88%)
  • Equinix, Inc. (EQIX: 91.76 -1.32%)
  • L-1 Identity Solutions, Inc. (ID: 7.34 +0.82%)
  • Level 3 Communications, Inc. (LVLT: 1.36 +2.26%)
  • Sprint Nextel Corporation (S: 3.51 +2.33%)

Thursday:

  • Akeena Solar, Inc. (AKNS: 1.10 -0.90%)
  • Alcatel-Lucent (ADR) (ALU: 3.14 -3.98%)
  • Buffalo Wild Wings (BWLD: 46.48 +0.24%)
  • Chipotle Mexican Grill, Inc. (CMG: 99.92 +4.96%)
  • Coinstar, Inc. (CSTR: 26.65 -0.30%)
  • EnCana Corporation (USA) (ECA: 30.33 -0.39%)
  • JA Solar Holdings Co., Ltd. (ADR) (JASO: 4.36 -4.39%)
  • Panera Bread Company (PNRA: 70.96 +0.51%)
  • PepsiCo, Inc. (PEP: 58.96 -0.92%)
  • The Cheesecake Factory Incorporated (CAKE: 21.34 +0.38%)
  • World Wrestling Entertainment, Inc. (WWE: 16.00 -0.62%)

Friday:

  • Ultra Petroleum Corp. (UPL: 45.60 -0.46%)

Post to Twitter Post to Digg Post to Facebook

High Five Superbowl

Friday, February 5, 2010 at 8:24 pm

11

Post to Twitter Post to Digg Post to Facebook

RIMM: New Long

Thursday, February 4, 2010 at 3:36 pm

3

The PPT score is giving an oversold signal, given the accuracy of the damn thing, I think it makes sense to go long here– even before the jobs report. I am buying Research In Motion Limited (USA) (RIMM: 66.67 -1.59%) here, as it sits on the 100 day moving average.

rimm

Post to Twitter Post to Digg Post to Facebook

It’s All About Jobs

Wednesday, February 3, 2010 at 9:35 pm

8

There should be a pretty clear direction to where the market is heading, near-term, after the jobs report on Friday. If we take a look at the S&P 500, we are sitting right above the 100 day moving average, but below the 50 day.

spx1

The bears are licking the chops right now with 50 day moving average up ahead, as that is there chance to go all-in short with a clear exit point if they are wrong. On a move above the 50 day, I think you got to be a buyer of the market here, and a buyer in size.

Get your buy and sell list ready, a significant move is coming.

Post to Twitter Post to Digg Post to Facebook

Breakdown or Signs of Life

Wednesday, February 3, 2010 at 12:40 am

9

I am seeing a bunch of bearish setups taking place in the market, but I am also seeing signs of life. The market needs some follow through in order to keep stocks from falling off a clip here, names like Google Inc. (GOOG: 533.47 +0.41%) & Amazon.com, Inc. (AMZN: 116.83 -0.48%) are on the verge of breakdowns:

goog

amzn

But, then you see signs of life in the home builders and question if the two day rally has legs. Shouts out to OA for his housing bottom call. FYI: For those that don’t know OA is back, and he is hot as a pistol, everyone go check him out and drop him a line.

Toll Brothers, Inc. (TOL: 19.01 +1.93%) looks good on strength:

tol

And, if the market continues it’s rebound, I like the semis on this pullback. QUALCOMM, Inc. (QCOM: 37.51 -1.39%) offers a great entry point for a longer term hold, and I still like STEC, Inc. (STEC: 14.73 +1.94%) here for a swing– stop below 50 day:

stec

Also, don’t forget the casinos, the can catch fire here. Las Vegas Sands Corp. (LVS: 15.54 -1.08%) looks good to go:

lvs1

And, the dollar still has an inverse relationship with the overall market:

uup

Looks ready to pullback, and on that pullback, the market goes higher.

Post to Twitter Post to Digg Post to Facebook