Instead of listening to rank and file tools on CNBC jibber jabber about their bullshit ETF launches, “The Fly” will throw some red meat on the table (raw), for you bull market lovers.
Setting aside my “death to equities” position, there are some stocks that have been outperforming in this tape. Typically, when a stock outperforms in a bad tape, it goes gang busters in a good one.
Via The PPT (coming soon), here are the top 10 ranked stocks (share price above $5), based solely on technicals:
[[CASY]] Questcor Pharmaceuticals, Inc. [[QCOR]] Puget Energy, Inc. [[PSD]] Optimer Pharmaceuticals, Inc. [[OPTR]] American Science & Engineering, Inc. [[ASEI]] World Fuel Services Corporation [[INT]] Chattem Inc. [[CHTT]] California Water Service Group [[CWT]] Cephalon, Inc. [[CEPH]] Alaska Air Group, Inc. [[ALK]]
As far as momentum is concerned, here is a list of stocks with the biggest jump in Hybrid Rank (a combination of technicals and fundamentals) score, over the past week:
Goodrich Petroleum Corporation [[GDP]] Puget Energy, Inc. [[PSD]] Atmos Energy Corporation [[ATO]] TOP Ships Inc. [[TOPS]] Repros Therapeutics Inc. [[RPRX]] SandRidge Energy Inc. [[SD]] Old Republic International Corporation [[ORI]] Imperial Sugar Company [[IPSU]] Fuqi International, Inc. [[FUQI]] [[ASCMA]]
In other newz, another Chinese stock, Ctrip.com International, Ltd. (ADR) [[CTRP]] , is getting the panda kicked out of it today. China: the knife that keeps on twisting.
NOTE: long [[FXP]] , in size.
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Surprised no one else commented on how Art Cashin said “The PPT . . . . is crap.” at the 8:55am CNBC segment.
Oh wait, he didn’t mean The Fly’s PPT.
Fly
Just to understand…. which would be the better buy under your system… Casey or Goodrich? And why.
J:
GDP is the biggest mover in PPT rank, over the past week. It’s more of a momentum play.
QCOR is biotech, so I hate it instantly. However, putting my bias aside, its rank represents a more longer term strength, whereas GDP has only just begun.
Rally ! We’re up 0.15% ! That qualifies … all eyes will be on the last 30 minutes.
Casey, j. You ever been to one?
I have an aunt that manages one in the Ozarks of Mo.
PC Buyers worldwide are now stepping to the refreshment table at the bear party to piss into the beverage bowl:
“NPD today reported better than expected US retail PC sell through during October. Combined desktop and notebook unit sell through grew 10% yoy in October, down just slightly from 12% growth YTD through September. The 31% sequential decline in sell through in October was also consistent with the -30% average for the previous ten years(excluding 2001). These results are surprisingly solid, although we note that October is one of the two weakest months of the year for US consumer PC sales.”
Key tell today: C
All eyes on the Citi.
Thanks fly…
I bought a tiny bit of Beav and Nov today just adding to the position.
We’re very close to capitulation in the Aussie market here as the sentiment is the worst I have ever seen. My litmus test, the coffee shop owner just sold out of his position today.
That moronic, stuttering, stupid assed, bald header fucker who calls himself “Treasury Secretary” just walked into the bear party carting a ton and coke and maryjoe. That stupid fucker is going to get the party going again. Just watch.
How the fuck Hank Paulson ever rose to the CEO of Goldman is simply beyond a sane person’s comprehension. His public speaking skills suck. He has no common sense. He cries “fire” in crowded theaters. Someone needs to do our country a great service and send that fucker into immediate retirement.
Whats going on with C ?
C
needs to get Pandit out of there. the friggen guy is as useless as hens teeth. I’m not sure that’s a good test as the firm is battling the headwinds of a terrible CEO..
Bob Rubin wants Citi to stay around a little while longer, so that he can take more bank deposits.
He needs a new lambo.
FXP is as safe as putting money in Al Capone’s vaults.
“FXP is as safe as putting money in Al Capone’s vaults.”
There was nothing in the fuckers when Harry Rivera opened them up fly.
– Stocks are in the midst of an “Era of Fear” that might end soon, according to Donald G.M. Coxe, a global strategist at BMO Capital Markets.
More on Pandit
Way to have a townhall meeting with the troops and really motivate them…. Put up fucking slides showing that another 50,000 of them are getting the bullet. Fucking idiot he is.
You have a townhall meeting after the butchery, not before.
All U.S. corporations who outsourced to India are going bankrupt.
That’s odd.
Does that mean India goes bankrupt too?
C is getting a good bounce here.
Fly’s Indian Comment Manager:
I’m sorry Sir. Can you please call your local Geek Squad during the hours of 9-5 for information regarding your question.
Hold on. Let me speak to my manager.
Selling some DUG here.
I have about 3 calls a day from Indian telemarketers over here. Have a terrific way of getting back at them. As soon as they call I ask if I can put them on hold… I just put them on death hold and keep telling them to wait on.
Does anyone else want to reach thru the TV screen and smack that fucker Barney Frank? Punch his eyebrows off.
Cap,
Do you own “C”? Only idiots buy “C” on the cuss of the nations largest bankruptcy. You’re not very smart are you?
General Paulson
How could you go wrong with a ticker called “FUQI?”
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OXY to $76, btw.
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Adam Katz
10:10:00 AM
No positions in stocks mentioned.
A contarian indicator
An old Minyan, Scotto and I were talking about our favorite market gauge of all time: the taxi cab proxy.
We were remembering when we met a cab driver in 1999 who was calling in orders to his broker on tech stocks from his cab.
Then we were recalling the cab driver who in 2004 proclaimed that the value of real estate can never go down.
Well, as we were leaving the Citibank (C) building last week, a cab driver rolls down his window as he’s driving by and shouts ‘hey! I thought they fired all you guys??!!’
…Perhaps we’re near a bottom.
When I was a kid I used to hate my mother watching the Soaps, I thought it was a stupid waste of time as you could watch one show and six months later watch one more and know exactly what’s going on. I feel the same way now with Capitol Hill.
All of these ass holes are no better than B actors on their best grandstanding performance. What a WASTE of time.
Paulson is a fucking idiot
repeat, infinite loop
Thank god the man was hired though. I got tired of laughing at George Bush.
QCOR, interesting.
Looks like a nice pickup right here ($8.35)
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How the fuck Hank Paulson ever rose to the CEO of Goldman is simply beyond a sane person’s comprehension. His public speaking skills suck. He has no common sense. He cries “fire” in crowded theaters. Someone needs to do our country a great service and send that fucker into immediate retirement.
Maybe Goldman is short.
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Hey J, do me a favah ovah heah and get your buddies to short the dollar to death, eh?
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There was nothing in the fuckers when Harry Rivera opened them up fly.
Holy shit, what did I tell you just yesterday?
Was the irony gene lost by your ancestors in the long trip from England’s shores?
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