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Tuesday, January 22, 2008

Trading Ideas Tuesday

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Altria Group (NYSE:MO - News) & Vodafone (NYSE:VOD - News). MO's PowerRating (for Traders) is 6, and VOD's PowerRating (for Traders) is 6.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Hormel Foods (NYSE:HRL - News). HRL's PowerRating (for Traders) is 6.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Merck (NYSE:MRK - News). MRK's PowerRating (for Traders) is 7.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Deere (NYSE:DE - News). DE's PowerRating (for Traders) is 7.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Applied Materials (NasdaqGS:AMAT - News). AMAT's PowerRatings (for Traders) is 3.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Big Lots (NYSE:BIG - News). BIG's PowerRating (for Traders) is 3.
Published By TradingMarkets.com

Labels: AMAT, BIG, DE, HRL, MRK, Trading Ideas, VOD

Monday, November 19, 2007

Hot Stocks to Watch Tuesday

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Barnes & Noble (NYSE:BKS - News) reports earnings on Tuesday before the market opens, with analysts looking for -$0.08 EPS. BKS's PowerRating (for Traders) is 5.

CDC Corporation (NasdaqGM:CHINA - News) is expected to announce $0.09 EPS on Tuesday morning before the market opens. CHINA's PowerRating (for Traders) is 5.
Gamestop (NYSE:GME - News) announces earnings tomorrow morning before the bell, with traders expecting $0.23 EPS. GME's PowerRating (for Traders) is 6.
Hormel Foods (NYSE:HRL - News) should report $0.65 EPS on Tuesday morning before the bell. HRL's PowerRating (for Traders) is 4.
When Office Depot (NYSE:ODP - News) announces quarterly results on Tuesday morning, look for $0.40 EPS. ODP's PowerRating (for Traders) is 5.
Saks (NYSE:SKS - News) and Target (NYSE:TGT - News) both report earnings tomorrow morning. SKS is looking for $0.16 EPS, while TGT expects $0.61 EPS. SKS's PowerRating (for Traders) is 4, and TGT's PowerRating (for Traders) is 5.

Labels: BKS, CHINA, GME, Hot Stocks, HRL, ODP, SKS, TGT

Thursday, August 23, 2007

Stock Market Wrapup Aug. 23rd

CFCStocks meandered most of the day as credit concerns continued to pressure the market. Bulls were hesitant to keep the recent rally going as Bears attempted to gain control. At the close, the tug-of-war ended with the Dow ending essentially flat on the session. Both the Nasdaq and S&P finished in negative territory. Oil, on the other hand, rose 57 cents to close at $69.83.
In economic news, the Labor Department said that initial jobless claims fell by -2,000 to 322,000, the lowest level since August. The four-week average, meanwhile, rose by 4,750 to 317,750. The number of people continuing to collect unemployment benefits rose by 16,000 reaching 2.57 million.
In corporate news, shares of the nation's largest mortgage company Countrywide Financial (NYSE: CFC - News) rose 0.9% after it announced that banking behemoth Bank of America (NYSE: BAC - News) has invested $2 billion in the company. Under the terms of the deal, Bank of America has acquired $2 billion in the form of convertible preferred stock yielding 7.25% annually. It will not have any voting rights under the preferred shares. It will have the option of converting its shares into common shares of the company at a price of $18 a share, a steep discount to the current value of CFC's stock price. The investment comes in the midst of an industry-wide shakeout following a severe credit crunch.
With much of the earnings season in the books, specialty retailers seem to be the last in line to report. Clothing retailer Children's Place (Nasdaq: PCLE - News) today reported a loss of -$27.1 million on sales of $424.3 million for its second quarter. EPS numbers weren't supplied due to an SEC inquiry. Same-store sales fell -1%. It also cut its full-year profit forecast to $2.25-2.40 a share, well below its previous range of $3.45-3.55 a share. Shares plunged -16.9% on the earnings announcement and also on news that it is experiencing troubles with its licensing deal with Disney (NYSE: DIS - News).
Video game retailer GameStop (NYSE: GME - News), conversely, blew the cover off its second-quarter earnings. For Q2, it said net income reached $21.8 million, or 13 cents a share, significantly higher than the $3.18 million, or 2 cents a share, profit it recorded last year. Sales surged 39% to $1.34 billion from $963 million in the same period a year ago. Same-store sales grew by 29% in its latest quarter. The numbers beat analyst estimates of 9 cents a share on sales of $1.19 billion. Shares surged 9.3%.
On the M&A front, a couple of small deals were announced. Technology giant IBM (NYSE: IBM - News) said it acquired privately held WebDialogs, which specializes in Web conferencing. Financial terms of the deal were not publicly disclosed. WebDialogs will become part of IBM's software group. Elsewhere, food company Hormel Foods (NYSE: HRL - News) agreed to buy cooked meat producer Burke for $110 million. Hormel said the deal will be accretive to earnings in its fiscal year 2008 and will give $125 million in sales to the company. Shares rose 1.1%.
By the BullMarket.com Staff

Labels: BAC, CFC, DIS, GME, HRL, IBM, PCLE

Wednesday, August 22, 2007

Hot Stocks to Watch Tomorrow

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Abercrombie & Fitch (NYSE:ANF - News) beat earnings expectations on Wednesday afternoon, announcing $0.88 EPS over an expected $0.87 EPS. ANF's PowerRating (for Traders) is 4.
Children's Place (NasdaqGS:PLCE - News) reports earnings on Thursday before the bell; watch for -$0.95 EPS. PLCE's PowerRating (for Traders) is 3.
Hormel Foods (NYSE:HRL - News) should announce $0.41 EPS before the market opens on Thursday morning. HRL's PowerRating (for Traders) is 4.
When New York & Company (NYSE:NWY - News) reports earnings Thursday morning, analysts will be looking for $0.05 EPS. NWY's PowerRating (for Traders) is 3.
Analysts are watching for Stein Mart (NasdaqGS:SMRT - News) to report $0.05 EPS before the bell on Thursday. SMRT's PowerRating (for Traders) is 5.
Aeropostale (NYSE:ARO - News) and bebe stores (NasdaqGS:BEBE - News) both report on Thursday after the close, so watch for heightened price action and volatility ahead of the bell. ARO's PowerRating (for Traders) is 4, and BEBE's PowerRating (for Traders) is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ANF, ARO, BEBE, Hot Stocks, HRL, NWY, PLCE, SMRT

Thursday, July 12, 2007

Hot Stocks to Watch Today

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
Gaps Down 5% or More: These are stocks that gap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that gap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Compuware (NasdaqGS:CPWR - News). CPWR's PowerRating is 6.
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Dendreon (NasdaqGM:DNDN - News). DNDN's PowerRating is 5.
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge. Historically, these stocks have provided traders with a significant edge.
State Street Corporation (NYSE:STT - News). STT's PowerRating is 6.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Hormel Foods (NYSE:HRL - News). HRL's PowerRating is 6.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Mastercard (NYSE:MA - News). MA's PowerRating is 7.
Bearish
5+ Consecutive Up Days: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
NYSE Euronext (NYSE:NYX - News). NYX's PowerRating is 3.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
JDS Uniphase (NasdaqGS:JDSU - News). JDSU's PowerRating is 2.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: CPWR, DNDN, Hot Stocks, HRL, JDSU, MA, NYX, STT

Friday, February 16, 2007

Biggest Stock Decliners Friday

TCHC, APPB, CPKI, CAPA, CECO, KO, STZ, DENN, GT, HRL, IM, KNDL, LOOK, MSFT, MLS, BAM, PACT, QDEL, SNIC, STC

21st Century Holding Co. (NasdaqGM:TCHC - News) has withdrawn its forecast of financial results for 2006, due to "a series of accounting issues." The Lauderdale Lakes, Fla., company reiterated its earnings forecast for 2007 at $4.50 per share. The company said the 2006 accounting changes include additional assessments from the Florida Insurance Guaranty Association and Citizens Property Insurance Corp. for the funding of insolvency at other insurers in Florida, and for a strengthening of liability reserves.
Applebee's International (NasdaqGS:APPB - News) was cut to neutral from buy at UBS after the company announced its board has hired advisers to assess strategic alternatives. "There is still a significant amount of risk for Applebee's-as well as the casual dining industry-due to ongoing significant sales and traffic declines, and this is likely to continue until comparisons get easier in the second quarter of 2007," the broker said.
California Pizza Kitchen Inc. (NasdaqGS:CPKI - News) said fourth-quarter net income was $3.73 million, or 19 cents a share, compared with $3.48 million, or 17 cents a share, for the same period a year ago. Reporting after the close, the company said revenue was $146 million vs. last year's $125.4 million.
Captaris (NasdaqGM:CAPA - News) shares tumbled after the Bellevue, Wash.-based software company reported fourth-quarter net earnings of $2.25 million, or 8 cents a share, vs. $44,000, or breakeven a share, in the year-ago period. Revenue rose 2% to $25.2 million from $24.7 million. Analysts polled by Thomson Financial were expecting a per-share profit of 6 cents on revenue of $26 million.
Career Education Corp. (NasdaqGS:CECO - News) said fourth-quarter net income fell, as revenue declined, to $20.7 million, or 21.5 cents a share, from $70.3 million, or 70.1 cents a share, during the same period in the prior year. Analysts had expected per-share income of 37 cents.
Coca-Cola (NYSE:KO - News) was upgraded to buy from neutral at Goldman Sachs. The broker said recent results demonstrate the company's ability to weather challenges in key developed profit centers and still deliver strong global profit.
Constellation Brands (NYSE:STZ - News) was downgraded to neutral from buy at Goldman Sachs. "Valuation remains inexpensive and the company looks well-positioned in growth segments like premium wine and imported beer. However, we believe upcoming guidance is likely to be uninspiring and a recovery in the U.K. and Australia is likely at least a year away," the broker said.
Denny's Corp. (NasdaqCM:DENN - News) said it swung to net income in the fourth-quarter of $2.27 million, or 2 cents a share, as operating costs and expenses declined. During the same period in the prior year, the restaurant operator reported a net loss of $4.5 million, or 5 cents a share.
Goodyear Tire & Rubber Co. (NYSE:GT - News) said its fourth-quarter loss widened to $358 million, or $2.02 a share, from $51 million, or 29 cents a share in the year-earlier period. The Akron, Ohio, tire maker said its loss included a $367 million charge for a strike at 16 of its North American tire plants, $184 million in charges for restructuring and a one-time gain of $153 million for a favorable tax change. Analysts polled by Thomson Financial forecast a loss, on average, of 40 cents a share. The company said the strike reduced fourth quarter sales by $363 million and tire volume by 2.8 million units. Sales in the three months ended Dec. 31 rose 1% to $4.98 billion from $4.93 billion.
Hormel Foods Corp. (NYSE:HRL - News) said fiscal first-quarter earnings rose 9% to $75.3 million, or 54 cents a share, from $69.3 million, or 50 cents a share, a year earlier, helped by its specialty foods segment, international business and refrigerated foods. Analysts polled by Thomson Financial expected, on average, first-quarter earnings of 54 cents a share on revenue of $1.49 billion. The Austin, Minn., maker of consumer-brand food and meat products said revenue rose 6.2% for the period ended Jan. 28, to $1.5 billion from $1.42 billion in the year-ago period. The company expects fiscal second-quarter earnings of 47 to 53 cents a share and backed its fiscal 2007 outlook of $2.15 a share to $2.25 a share.
Ingram Micro Inc. (NYSE:IM - News) reported a fiscal fourth-quarter profit of $91.7 million, or 53 cents a share, on revenue of $8.85 billion. During the same period a year ago, the technology products distributor earned $84.4 million, or 51 cents a share, on $7.96 billion in revenue.
Kendle Inc. (NasdaqGS:KNDL - News) swung to a fourth-quarter net loss of $4.7 million, or 32 cents a share, after an $8.2 million asset impairment charge and other charges. Last year, the company reported a profit of $3.7 million, or 26 cents a share. On an adjusted basis, earnings per share for the quarter totaled 18 cents. Analysts had been expecting the company to post earnings of 33 cents a share according to data compiled by Thomson Financial. Revenue rose to $118.1 million, from $66.5 million a year ago.
LookSmart Ltd. (NasdaqGM:LOOK - News) said its fourth-quarter loss narrowed to $896,000, or 4 cents a share, from $3.77 million, or 17 cents a share, a year earlier as revenue rose 51%. The San Francisco Internet directory service's revenue grew to $15 million from $9.97 million in the year-ago period. On average, analysts expected a per-share loss of 8 cents on revenue of $15.5 million, according to a poll by Thomson Financial. For the first quarter, the company expects revenue to grow 24% to 26%. For the year the company expects revenue to climb 20% to 25%.
Microsoft (NasdaqGS:MSFT - News) shares fell after CEO Steve Ballmer tempered the expectations of analysts at an event Thursday, telling them their predictions for sales of the company's new operating system are too high, while those for its operating expenses may be too low.
Mills Corp. (NYSE:MLS - News) has agreed to be acquired by Simon Property Group Inc. and hedge fund Farallon Capital Management for $25.25 a share in cash. The group had earlier offered to acquire Mills for $24 a share, topping a previous bid from Brookfield Asset Management Inc. (NYSE:BAM - News) of $21 a share. The deal is valued at about $7.9 billion with debt, Mills said in a statement. Mills said it terminated its previous merger agreement with Brookfield after determining the Simon/Farallon offer was "more favorable to its stockholders."
Pacificnet (NasdaqGM:PACT - News) said in a Form 8-K filing with the Securities and Exchange Commission that Joseph Levinson has resigned as chief financial officer, effective immediately.
Quidel Corp. (NasdaqGM:QDEL - News) reported fourth-quarter earnings of $18.3 million, or 54 cents a share, up from a year-ago profit of $9.6 million, or 28 cents a share. The latest results include a gain of $5.9 million, or 17 cents a share, from an income tax benefit. On an adjusted basis, the San Diego maker of rapid diagnostic tests earned $11.6 million, or 34 cents a share, in the December quarter. The company said its gross margin slipped to 60% for the quarter from 62% a year ago due to charges in product mix, and continued investments in manufacturing process improvements and quality control.
Sonic Solutions (NasdaqGS:SNIC - News) reported preliminary third-quarter net revenue of $39.1 million. Analysts polled by Thomson Financial are currently forecasting revenue of $41 million for the period. The Novato, Calif.-based software company said its selected results and outlook may be adjusted as a result of a possible options-related restatement of results. The company said it hasn't determined the amount of non-charges for stock-based compensation expense it expects to incur, but plans to file restated results as soon as possible. Additionally, Sonic said it sees fourth-quarter net revenue of between $37 million and $41 million.
Stewart Information Services Corp. (NYSE:STC - News) said fourth-quarter net income rose to $10.7 million, or 59 cents a share, from $9.1 million, or 50 cents a share. Revenue rose 3% to $646 million, the title insurer said. Three analysts polled by Thomson Financial expected, on average, earnings of 71 cents a share.

Labels: APPB, BAM, CAPA, CECO, CPKI, DENN, GT, HRL, IM, KNDL, KO, LOOK, MLS, MSFT, PACT, QDEL, SNIC, STC, STZ, TCHC

Thursday, February 15, 2007

Hot Stocks to Watch Friday

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Allied Waste (NYSE:AW - News) beat earnings on Thursday after the close, announcing $0.17 EPS over an expected $0.14 EPS. AW's PowerRating is 5.

Psychiatric Solutions (NasdaqGS:PSYS - News) beat earnings Thursday after the close, with $0.33 EPS over a consensus of $0.30 EPS. PSYS's PowerRating is 5.
Campbell Soup (NYSE:CPB - News) reports quarterly earnings on Friday before the market opens, with analysts looking for $0.63 EPS. CPB's PowerRating is 5.
Goodyear Tire (NYSE:GT - News) is looking to announce $0.36 EPS Friday morning. GT's PowerRating is 5.
Analysts are watching for Hormel Foods (NYSE:HRL - News) to report $0.55 EPS tomorrow when the company announces quarterly earnings. HRL's PowerRating is 5.
J.M. Smucker (NYSE:SJM - News) announces earnings on Friday morning before the bell; watch for $0.69 EPS. SJM's PowerRating is 5.
When Visteon (NYSE:VC - News) announces earnings tomorrow morning, watch for -$0.81 EPS. VC's PowerRating is 7.
PowerRatings are courtesy of PowerRatings.net

Labels: AW, CPB, GT, Hot Stocks, HRL, PSYS, SJM, VC

Monday, February 12, 2007

Stock Market Outlook for the Week

Friday offered a fistful of convenient scapegoats for investors in need of excuses to take some profits. The damage thus far is minimal, but it will be interesting to see if the current shift in negative sentiment takes hold for more than one or two sessions. Emphasis for Wall Street should continue to shift away from earnings reports and on to the issue of growth, interest rates and energy prices. It will be back to work for economic watchdogs, after a rather light calendar in the week prior. The first half will be light, but the G-7 Summit wrapped up this past weekend might add some volatility as traders digest comments made on foreign exchange policies. Wednesday’s retail sales figures will be watched by traders for any clues that consumer spending trends have changed. That day, however, testimony by Bernanke will undoubtedly take center stage. With a string of data points suggesting that the economy is back on track, investors will be looking to find any signals from the Fed Chief that point towards an interest rate hike. Whether clues from Bernanke are offered will be interesting to see. If disappointed, investors can turn towards a slug of data points on both Thursday and Friday. Readings on the pulse of the economy and price pressures that could impact rate policy will be delivered in force. One of the biggies will be Friday’s CPI data. Wall Street is expecting the core figure to come in at .2%. If the reading comes in higher than expected by just .1% to a level of .3%, it could be enough to sway the outlook on rates towards a tighter monetary policy. That being said, in conjunction with slowing earnings growth, price pressure on equities would likely result in a market long overdue for a period of correction.
Monday Economic: NA
Earnings: Administaff (ASF), Brush EM (BW), Ctrip.com (CTRIP), Cephalon (CEPH), Fording (FDG), iRobot (IRBT), YUM!Brands (YUM)
Tuesday Economic: Trade Balance (-59.5B)
Earnings: Anglogold (AU), Expeditors (EXPD), NASDAQ (NDAQ), Affiliated Computer (ACS), First Solar (FSLR), Invitrogen (IVGN), NVIDIA (NVDA), Watts (WTS), Weight Watchers (WTW), XTO Energy (XTO)
Wednesday Economic: Retail Sales / ex-auto (.3%, .3%), Weekly Crude, Business Inv (.4%)Earnings: Coca Cola (KO), Daktronics (DAKT), Deere (DE), Garmin (GRMN), Genzyme (GENZ), PF Changs (PFCB), Baidu (BIDU), Evergreen Solar (ESLR), Network App (NTAP), NutriSystem (NTRI)
ThursdayEconomic: Import / Export, Weekly Claims (310K), NY Empire (11), Ind Prod / Cap Util (0%, 81.7%), Philly Fed (5)
Earnings: Agilent (A), Biogen (BIIB), Hornbeck (HOS), Lifetime Fitness (LTM), Lufkin (LUFK), Olympic Steel (ZEUS), TradeStation (TRAD), aQuantive (AQNT), Bucyrus (BUCY), Chipotle (CMG), Hittite Micro (HITT)
FridayEconomic: Housing Starts / Bldg Permits (1.61M, 1.59M), PPI & Core (-.6%, .2%), Michigan (97)
Earnings: Campbell (CPB), Goodyear (GT), Hormel (HRL), OGE Energy (OGE)
Published By Optionetics.com

Labels: ACS, ASF, AU, BIIB, BW, CEPH, CMG, CTRIP, DAKT, EXPD, FDG, FSLR, GENZ, HRL, IRBT, IVGN, NDAQ, NTAP, TRAD, YUM

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