Monday:
Altera Corporation ALTR
Tuesday:
Daktronics DAKT
Hovnanian Enterprises, Inc. HOV
Wednesday:
Joy Global Inc. JOYG
Martek Biosciences Corporation MATK
Shanda Interactive Entertainment Ltd. SNDA
Toll Brothers TOL
Thursday:
Ciena Corporation CIEN
Guess GES
Teekay Corporation TK
Valence Technology VLNC
Comments »Check out the MadStock of the Year contest and give some props to Market Monk, he has been killing it. Now go check out what he thinks about Gold. After you check out his short picks, what in the world happen yesterday at the close?
This guy is good:
[youtube:http://www.youtube.com/watch?v=1xJJEfHTpQs 450 300] Comments »Imminent change to the DOW Jones, we could know as soon as Monday who will replace GM? Vote for who you think will be next.
Finally we get the breakout in CTIC. I’ve been long this stock, for what seems to be a year, waiting for this breakout– I have yet to sell a single share.
My target price for this one is around $2.50. I think the stock could run right to Gap, which puts it right near the 200 day moving average.
Note: The biotech top ten video CA & I put together this week Owned! Just about every stock broke out from our price point. Good times, indeed.
Note II: The market is about to BTFO, so sorry Josh.
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I’m not that big into basketball, but when the playoffs come around I tend to get into it. It was fun watching LeBron do his thing, that kid is simply amazing. If he only had a team with a supporting cast there would be no doubt about a championship ring.
Back to stocks.
Let’s talk about Technology for a second. The sector is smoking hot and leaving positive data points everywhere you look. Technically, the sector looks great. The NASDAQ was the first sector to break above its 200 day moving average and is currently trading above it.
Fly’s pick [[OTVI]] looks set to rip after it’s earning report, the stock looks great and should do well with the release of the new iPhones. And, while we’re talking tech, how about [[GOOG]] here? It looks like it’s in a sweet spot and poise to breakout into a new trading range, I like it a lot here.
And, don’t forget to watch the action in Oil & Gas. I think we may see some momentum in Natural Gas, which should boost the group further. My top pick in the independent oils is [[SGY]]
SGY is one of the biggest players in the Gulf, and it also happens to be Chart Addict’s stock of the year. Pay attention to this one.
Comments »I’m curious to see if Natty can get moving here, just look at the move in [[UNG]] today. As you can see, we are sitting right below the 50 day MA, I move above that could spark momentum, which should give another lift to oil and gas plays.
Currently, I am long [[DXO]], [[WTI]], & [[XTXI]], but I am looking to add some more exposure to the sector. I’m also looking to add some more alternative energy names as well, I own [[JASO]] & [[LDK]], and will be looking to add [[GU]], [[WFR]], & [[CLNE].
I will be scanning the whole sector in oil & gas tonight, the sector looks ripe based on my preliminary scans.
Here are a few charts of stocks listed above:
[[GU]]
Update: Bought [[GU]] @ 2.73
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