Attention Boomer, AKA Moober

Dynamic Materials Corporation [[BOOM]] is near breakout levels:

I know there are a bunch of bears on this site so here’s one of the lowest ranked stocks inside The PPT:

Palm, Inc. [[PALM]] overall score of 1.28 out of 5

We have a nice bear flag developing, I will look to get short on a lower trendline break. The stock is also below all of its moving averages, another thing I like to look for when shorting stocks.

The Palm Pre is nothing special, this stock deserves to die.

Odd, no?

I have done little today, as most of the money was made coming into the day long. A bunch of stocks on my radar broke out within the first few minutes of trading, but I was hesitant to take a few of the trades. However, I did enter Human Genome Sciences [[HGSI]] , which happens to be on the verge of a bull flag breakout.

There is little on my screens inside The PPT, which is odd considering the market is up big,  so that alone has me a bit concerned. Here are the few results from my Cajun Gumbo screen: ANSYS, Inc. [[ANSS]] , Arena Resources, Inc. [[ARD]] , Encore Acquisition Company [[EAC]] , Oceaneering International [[OII]] , & RenaissanceRe Holdings Ltd. [[RNR]]

But, then when I look at the DOW Jones, everything looks good to go:

It looks like Fly may be cursing sooner than later. And for you $100 roll lovers, check out MicroStrategy Incorporated [[MSTR]] . The stock broke out this morning and looks like a straight shot to $100. Hat tip to Zephler for bringing it to my attention last night.

Here are a few setups I will be watching Monday morning.

Human Genome Sciences [[HGSI]] Bull flag, watch for a breakout above recent high:

Stone Energy Corporation [[SGY]] Hurricane in the gulf, fantastic earnings a week back, CA’s stock of the year, great chart, what’s not to like here?

Gol Linhas Aereas Inteligentes SA (ADR) [[GOL]] Brazilian Airline breaking out:

Gulf Island Fabrication, Inc. [[GIFI]] Watch for a breakout on strength

This one was high on my watchlist due to The PPT ranking it #1 a week back. Check post

I missed the breakout due to the events of last week, however I just wanted to note that The PPT is a great tool for screening and finding breakout plays. Check the current chart below, BTFO:

Monday:

• Bancolombia SA CIB
• BIDZ.COM BIDZ
• BPZ Resources, Inc BPZ
• Capstone Turbine Corporation CPST
• CLEAN ENERGY FUELS CORP CLNE
• Energy Conversion Devices ENER
• GT SOLAR INTERNATIONAL INC SOLR
• Priceline.com PCLN
• Tesoro Corporation TSO
• Western Refining, Inc. WNR

Tuesday:

• Clearwire Corporation CLWR
• GeoEye, Inc. GEOY
• JA Solar Holdings Co., Ltd. JASO
• Pan American Silver PAAS
• VAALCO ENERGY INC EGY

Wednesday:

• Applied Materials AMAT
• Dendreon DNDN
• Green Mountain Coffee Roasters, Inc. GMCR
• Macy’s, Inc. M

Thursday:

• EnCana Corporation ECA
• Nordstrom JWN
• Urban Outfitters URBN
• Wal-Mart Stores, Inc. WMT
• Walt Disney DIS

Friday:

• Abercrombie & Fitch Co. ANF
• JCPenney JCP
• Yingli Green Energy Holding Company Limited YGE