Jim Cramer Blog

Stocks were slammed on the final trading day of the week as poor employment data sent bulls looking for the exits. At the close, The Dow, Nasdaq, and S&P 500 all dropped over -1.5%. Gold, meanwhile, continued to advance in price, with the commodity ending the session up $5.10 to finish at $709.70.
Investors woke up to a job shock, as the Labor Department reported that the economy unexpectedly lost jobs for the first time in nearly four years last month. In all, employers cut -4,000 workers, compared with a revised gain of 68,000 in July. The unemployment rate held steady at 4.6%. Economists got it all wrong as they expected the economy to produce 100,000 jobs in the month. Breaking down jobs in sectors, factory payrolls slid by -46,000, while builders' payrolls fell by -22,000. Even the government sector reported payrolls down -28,000.
In housing sector news, Hovnanian (NYSE: HOV - News) reported a quarterly loss due to land impairment charges related to unprofitable inventory. For its third quarter, the builder reported a loss of -$80.5 million, or -$1.27 a share, compared with a year ago profit of $74.4 million, or $1.15 a share. Sales plunged by -27% to $1.1 billion, as the housing market has continued to worsen. New contracts also fell by -24%. Shares fell 7.1%. Elsewhere in the housing spotlight, Beazer Homes (NYSE: BZH - News) shares sank 13% after the company received a notice of default tied to its senior notes. The company responded by saying the letter was "invalid and without merit."
In other corporate news, motorcycle maker Harley Davidson (NYSE: HOG - News) saw investors flee the name after it announced that it is cutting production in the third quarter following last month's poor sales for its "hogs." The company expects to ship 86,000-88,000 in the third quarter, down from 91,000-95,000 previously forecast. Due to the lower sales, it now sees full-year earnings coming in at $3.69-3.77, analysts were expecting full-year earnings of $4.12. The stock dropped 9.2%.
Office supply retailer Office Depot (NYSE: ODP - News) warned investors that its third and fourth quarters would likely fall below year-ago levels as small business customers have cut back on spending. Citing continued softness in the housing market, management noted that EPS would likely fall by double digits in the third quarter. Investors were unsympathetic, sending the shares reeling 9.8%.
Chip company National Semiconductor (NYSE: NSM - News) reported that net income in its latest quarter plunged -29% to $58.6 million, or 30 cents a share, compared to a year ago profit of $12.01 million, or 35 cents. Sales totaled $471.5 million. While its net dropped, it still managed to beat analysts' estimates by a nickel. The company said that looking ahead it sees sales increasing 4-7% sequentially.
In deal news, shareholders of TXU (NYSE: TXU - News) agreed to sell the company for $32 billion to private equity players led by Kohlberg, Kravis & Roberts and TPG. 95% of the votes were in favor of the deal. The company noted that in order for the deal to close, it must gain the approval of regulators. TXU is the largest ever buyout.
By The BullMarket.com Staff

Labels: BZH, HOG, HOV, NSM, ODP, TXU

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Shuffle Master (NasdaqGS:SHFL - News) reports earnings on Monday after the close; watch for $0.13 EPS. SHFL's PowerRating (for Traders) is 4.

Take-Two Interactive Software (NasdaqGS:TTWO - News) is expected to report -$0.69 EPS after the market closes on Monday. TTWO's PowerRating (for Traders) is 4.
TXU (NYSE:TXU - News) said it had agreed to a $45 billion leveraged buyout by private-equity investors. TXU's PowerRating (for Traders) is 5.
InterDigital (NasdaqGS:IDCC - News) gained over 10% after the company adjusted Q3 forecasts upwards by about $1 million to $55.5 million. IDCC's PowerRating (for Traders) is 4.
JetBlue Airways (NasdaqGS:JBLU - News) rose over 1% after the company announced that traffic increased over 13% from August last year. JBLU's PowerRating (for Traders) is 4.
3M (NYSE:MMM - News) fell on Friday after announcing plans to buy a tape-manufacturer, Venture Tape, for undisclosed terms. MMM's PowerRating (for Traders) is 6.
Beazer Homes (NYSE:BZH - News) fell 10% after announcing that the U.S. Bank National Association had served Beazer with default notices. BZH's PowerRating (for Traders) is 5.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: BZH, Hot Stocks, IDCC, JBLU, MMM, SHFL, TTWO, TXU

Texas Utilities (NYSE: TXU - News), Exelon Corp. (NYSE: EXC - News), Edison International (NYSE: EIX - News), Dominion (NYSE: D - News): Since the Texas Utilities buyout "changed the equation," Cramer says he is "scared to death to bet against this group," and adds that EXC, EIX and D are all undervalued.
Total System (NYSE: TSS - News), Synovus (NYSE: SNV - News), Aon (NYSE: AOC - News), Marsh McLennan (NYSE: MMC - News), Ross Stores (NasdaqGS: ROST - News), Cheesecake Factory (NasdaqGS: CAKE - News): Cramer lists companies that could get snapped up it the private-equity buyout frenzy: TSS and parent company SNV, Aon and "headless horseman" MMC (whose CEO Michael Cherkasky may soon end up on Cramer's CEO Wall of Shame), ROST, and CAKE.
Published by SeekingAlpha

Labels: AOC, CAKE, D, EIX, EXC, Jim Cramer, MMC, ROST, SNV, Stop Trading, TSS, TXU

Wall Street flattened Monday as investors theorized that last week's robust jobs data lessens the likelihood that the Federal Reserve will cut interest rates. Their disapppointment offset upbeat speculation about a takeover bid for Dow Chemical Co.
Since the market was closed for Good Friday, traders got their first opportunity to react to Labor Department data that showed stronger-than-expected job growth in March. The numbers indicated the economy might be in better shape than previously thought, and helped offset concerns about a continued slowdown in the housing market.
That initially lifted stocks, but investors apparently had second thoughts about the data, and so the market turned lower.
Takeover news provided some lift to the markets, with reports that Dow Chemical has been targeted by Middle Eastern investors and U.S. buyout firms in a deal that could be worth $50 billion. It would be the biggest leveraged buyout on the books.
In addition, Citigroup Inc. expanded its Asian operations by acquiring a Taiwan-based bank for $426 million. Warren Buffett's Berkshire Hathaway Inc. said it became the largest shareholder of railroad company Burlington Northern Santa Fe Corp. In midmorning trading, the Dow Jones industrial average rose 1.46, or 0.01 percent, to 12,561.66. The Standard & Poor's 500 index was up 0.04, or less than 0.01 percent, at 1,443.80, and the Nasdaq composite index fell 4.67, or 0.19 percent, to 2,466.67.
The Russell 2000 index of smaller companies was down 3.27, or 0.40 percent, at 810.08. The Labor Department reported showed nonfarm payrolls rose by 180,000 in March, above forecasts of 135,000. The unemployment rate fell to 4.4 percent, a five-month low. Bonds did regain some traction from the selloff, with the yield on the benchmark 10-year Treasury note falling to 4.73 percent from 4.75 percent. The dollar rose against other major currencies, while gold prices edged higher.
Oil continued to fall, with a barrel of light sweet crude dropping 63 cents to $63.65 on the New York Mercantile Exchange. Dow Chemical spiked $2.72, or 6.1 percent, to $47.19 after British tabloid The Sunday Express reported it could receive a buyout offer of $50 billion as soon as this week. Citigroup fell 5 cents to $51.52 after it announced the acquisition of Bank of Overseas Chinese to broaden operations in Asia, and particularly in the greater China region. The bank also said it will detail a long-expected cost cutting plan on Wednesday.
Burlington Northern Santa Fe rose $6.56 cents, or 7.9 percent, at $88.28 after Berkshire Hathaway announced it bought a 10.9 percent stake. Berkshire's class A shares rose $141 to $108,890.
Advanced Micro Devices Inc. expects its first-quarter revenue to miss Wall Street expectations due to sharply weaker sales results at its computing solutions unit. However, shares rose 46 cents, or 3.6 percent, at $13.32 after the chip maker said it will cut costs.
Sanmina-SCI Corp. fell 15 cents, or 3.9 percent, to $3.66 after cutting its second-quarter revenue forecast. The contract electronics manufacturer said it was seeing weaker demand in the communications and the high-end computing markets.
Advancing issues outnumbered decliners by about 8 to 7 on the New York Stock Exchange, where volume came to 218.3 million shares.
Source: AP

Labels: AMD, BNI, BRK-A, C, DOW, SANM, TXU

U.S. stock futures rose Monday, pointing to a higher opening on Wall Street, as investors reacted to last week's robust jobs data and a report that Dow Chemical Co. is the target of a $50 billion buyout offer.
The Labor Department reported Friday, a stock market holiday, that nonfarm payrolls rose by 180,000 in March, above forecasts of 135,000. The unemployment rate fell to 4.4 percent, a five-month low.

Labels: DOW, Dow Chemical Co., TXU

Credit-card and payment processor First Data Corp. (NYSE:FDC - News) said on Monday it has agreed to be acquired by private equity firm Kohlberg Kravis Roberts & Co. (KKR.UL) for about $29 billion in the second-largest buyout ever. The deal is the latest in a string of high-profile leveraged buyouts of U.S. corporations in an era of easily accessible financing, ranking only behind KKR's and Texas Pacific Group's ongoing takeover of TXU Corp. (NYSE:TXU - News) in terms of size. Under the agreement, First Data shareholders would be paid $34 for each share of the company they own, a 26 percent premium to where the shares closed on March 30. Based on the 775.1 million shares outstanding the company had in February, the deal has an equity value of $26.4 billion. At $34 per share, KKR is paying 27 times estimated 2007 earnings of $1.24 per share. Based on the $26.4 billion equity value, KKR is paying nearly 14 times estimated 2007 earnings before interest, taxes, depreciation and amortization of $1.9 billion, according to Reuters Estimates. First Data said it was a great time to maximize the company's value and deliver cash to shareholders.
The agreement was unanimously approved by the First Data board of directors based upon the recommendation of the strategic review committee made up of three independent directors.
The deal is expected to close by the end of the third quarter, subject to shareholder and regulatory approvals.
First Data intends to tender for all of its outstanding bonds in conjunction with closing.
The move comes about six months after First Data spun off Western Union (NYSE:WU - News), the payment processing company that built the first transcontinental telegraph line. With private equity firms competing hard for large buyout targets, the First Data deal makes KKR the firm behind the top three largest leveraged buyouts.
Source: Reuters

Labels: FDC, Hot Stocks, Private Equity, TXU, WU

Federal regulators charged Friday that unknown investors pocketed more than $5.3 million in illegal profits from insider trading before TXU Corp. announced it had agreed to be sold for $32 billion.
The Securities and Exchange Commission said the insider trading was done through foreign brokerage firms to conceal the investors' identities.
SEC lawyers in Fort Worth filed a lawsuit in federal district court in Chicago seeking restitution and civil fines against unknown defendants who bought options on TXU shares last week. The agency said it won a court order freezing $5.4 million in assets.
The SEC said the options allowed the defendants to buy shares when they hit prices ranging from $57.50 to $62.50. At the time the options were purchased, most if not all were above the price of TXU shares at the time.

Labels: TXU, TXU Corp.

NYSE (NYSE: NYX - News): Cramer would buy NYX at a little over $90 because he predicts it will reach $200 when investors comprehend the value of its Euronext acquisition with its large number of overseas listings.
TXU (NYSE: TXU - News), McDermott (NYSE: MDR - News), Foster Wheeler (NasdaqGS: FWLT), Louisiana-Pacific (NYSE: LPX - News), Easman Chemical (NYSE: EMN - News), International Paper (NYSE: IP - News): Infrastructure is going to be "en fuego" on the TXU buyout, says Cramer who adds those who are shorting MDR are "going to have their bells rung." He suggests buying MDR and notes FWLT is down a bit too. Cramer calls EMN "cheap, cheap cheap!" and identifies IP and LPX, a stock "nobody cares about," as takeover candidates.

Labels: EMN, IP, Jim Cramer, Jim Cramer's Stop Trading, LPX, MDR, NYX, TXU

Abraxis BioScience (NasdaqGS:ABBI - News) shares rose 4% after the company reported fourth-quarter adjusted earnings of $46.7 million, or 29 cents a share, up from a year-ago equivalent profit of $14.8 million, or 9 cents a share. Revenue rose in the latest three months to $257.1 million from $145.6 million in the same period a year earlier.
Dow Chemical (NYSE:DOW - News) shares surged 3.5% following a report from a British tabloid that the company may receive a leveraged buyout offer from a consortium of private equity firms worth up to $54 billion.
GulfMark Offshore Inc. (NasdaqGS:GMRK - News) shares gained 5.7% after the company said its fourth-quarter net income jumped to $30.6 million, or $1.42 a share, from $8.2 million, or 39 cents a share, a year earlier. The firm, which provides marine transportation for the oil and gas industry, said revenue for the quarter rose 34% to $69 million, largely due to higher rates and the addition of new vessels. The firm said profit also benefited by around 17 cents a share from a previously announced sale. Analysts polled by Thomson Financial had been expecting earnings of 90 cents a share on revenue of $62 million. The company also said it expects demand for vessel services to remain strong throughout all of its markets in 2007.
Hub International Ltd. (NYSE:HBG - News) shares jumped 15% after the company agreed to be acquired private-equity firm Apax Partners and Morgan Stanley Principal Investments in a deal valued at roughly $1.8 billion.
Jakks Pacific Inc. (NasdaqGS:JAKK - News) shares leapt 17% after the company said its fourth-quarter net income rose to $23.2 million, or 73 cents a share, from $9.0 million, or 30 cents a share, a year ago. On an adjusted basis, net income totaled 84 cents a share. Analysts had been expecting the designer and marketer of toys to report earnings of 67 cents a share, according to data compiled by Thomson Financial. Sales rose to $238.3 million, from $166.3 million last year. The company said that it's expecting 2007 sales to reach at least $800 million, with net income of $75.8 million, or $2.39 a share. First quarter net sales are forecast in a range of $114 million to $120 million, while earnings are expected in a range of 7 to 10 cents a share.
GTX Inc. (NasdaqGM:GTXI - News) shares surged 8.8% after analysts at Lazard Research maintained their buy rating on the company, citing the company's recent release of positive data for its treatment Acapodene, a treatment for negative side effects associated with a leading prostate cancer therapy called ADT. The analysts also raised their price target for the stock to $25 from $21.
Mace Security International Inc. (NasdaqGM:MACE - News) shares rose after the company said it has rejected a $3-per-share indication of interest from Kelly Capital. Mount Laurel, N.J.-based Mace, a maker of electronic surveillance and personal defense products, also said that it has decided to enter into talks with Kelly Capital regarding the possibility of Kelly paying more than $3 per share. Kelly Capital has signed a confidentiality agreement with Mace and is currently conducting due diligence, Mace said.
Temple-Inland (NYSE:TIN - News) shares jumped 13% after the company moved to spin off its financial-services and real-estate units and sell a portion of its timberland holdings to concentrate on packaging and building products.
TXU Corp. (NYSE:TXU - News) shares gained 13% after the company said its board has agreed to a deal to be taken private by an investor group led by Kohlberg Kravis Roberts, Texas Pacific Group and Goldman Sachs.
Published By MarketWatch

Labels: ABBI, DOW, GMRK, GTXI, HBG, JAKK, MACE, TIN, TXU

The stock market closed out last week tepidly, and equities extended their weak performance at the start of the trading week today as the major stock indices all closed lower. Comments by former Federal Reserve Chairman Alan Greenspan that the U.S. "may" fall into a recession later this year helped to boost the Treasury market, but also put a damper on stock trading. The yield on the 10-year Treasury note fell to 4.62%, while in the oil markets, crude futures were up modestly.
A major acquisition by a consortium of private equity firms once again dominated the headlines, but did little to help the overall market. Texas utility TXU (NYSE: TXU - News) agreed to be bought by a group that includes Kohlberg Kravis Roberts, Texas Pacific Group, Goldman Sachs (NYSE: GS - News), and three other Wall Street firms for approximately $32 billion, plus the assumption of $13 billion in TXU debt. TXU's shares added 13% on the news of the $69.25 a share offer. It will be the largest corporate buyout in history if it is approved and closes. The deal was notable in that the acquiring companies said they would significantly scale back TXU's controversial plan to build 11 coal-fired power plants, winning the support of environmental groups that had been battling the utility.
TXU's status as the world's largest buyout could be short-lived if a news story published Sunday in London is accurate. According to British newspaper Sunday Express, chemicals giant Dow Chemical (NYSE: DOW - News) may be the next target of private equity firms in a deal that could approach $54 billion. Investors reacted cautiously to the story as the stock added 4% to close well below the projected $60-a-share offer price. Several analysts quoted in follow-up news reports suggested such a deal was unlikely to be welcomed by management. The company's CEO had dismissed the idea in response to a question posed in its most recent earnings call.
XM Satellite Radio Holdings (Nasdaq: XMSR - News) said a sharp increase in revenue combined with tighter controls over its marketing costs enabled it to narrow its Q4 loss. The company, which announced plans last week to merge with the nation's other satellite provider, Sirius Satellite Radio (Nasdaq: SIRI - News), lost -$263 million, or -90 cents per share, against a loss of -$270 million, or -$1.22 per share, a year ago. The results included a -$57 million charge that reflected the declining value of a stake in a Canadian satellite operator. Without the charge, XM would have bested analyst estimates by a penny, posting a loss of -71 cents per share.
Texas-based Temple-Inland (NYSE: TIN - News) announced plans to break itself into three separate public companies by the end of the year. Investors jumped in, pushing the shares up 13%. Temple-Inland will sell its timberland holdings, retain the packaging and building products businesses that comprises the bulk of its revenue, and spin off its financial services and real estate units into two separate companies. Investor Carl Icahn had bought a stake in the company and advocated the breakup.
Published By Bullmarket.com

Labels: DOW, GS, SIRI, TIN, TXU, XMSR

Stocks were narrowly mixed Tuesday as concerns about a market correction offset investor optimism that acquisition activity is on pace to set a record this year.
The $45 billion buyout of electric utility TXU Corp. injected confidence into the market that merger and acquisition activity could surpass last year's record $4 trillion level. The deal, led by a consortium of buyout shops that include Kohlberg Kravis Roberts & Co. and Texas Pacific Group, would go down as the largest leveraged buyout in U.S. history.
Other deals announced before the opening bell included Station Casinos Inc., which agreed to be bought by a private equity firm started by the company's founding family. Temple-Inland Inc., a conglomerate that offers everything from packaging material to financial services, announced it plans to separate itself into three standalone public companies.
However, stocks were unable to sustain gains as there continued to be concern major indexes are in need of a correction. The Dow Jones industrials, after hitting a peak last week, fell for three straight sessions in their worst weekly decline since August.
"Despite the buyout news, we're seeing the broader market a little concerned that we've had such strength without a correction," said Peter Dunay, an investment strategist with New York-based Leeb Capital Management. "We maybe be in a period where the market wants to step back for a bit."
In late morning trading, the Dow rose 9.70, or 0.08 percent, to 12,657.18.
Broader stock indicators were mixed. The Standard & Poor's 500 index was up 2.06, or 0.14 percent, at 1,453.25, and the Nasdaq composite index fell 7.81, or 0.31 percent, to 2,507.29.
Bonds continued to rise from last week's sell-off, with the yield on the benchmark 10-year Treasury note falling to 4.65 percent from 4.68 percent late Friday. Bonds had been weaker amid concerns that subprime lenders would be forced to take write-downs if consumers defaulted on mortgage payments.
The dollar was mixed against other major currencies, while gold prices rose.
Oil prices rose as a winter storm plowed across the United States, spurring expectations of strong demand for heating oil. A barrel of light sweet crude rose 31 cents to $61.45 on the New York Mercantile Exchange.
TXU rose $7.67, or 12.8 percent, to $67.69 after it agreed to be bought by private equity firms. Directors of the electric utility voted Sunday night to recommend that shareholders approve the sale, which values its stock at a 15 percent premium.
Meanwhile, Dow Chemical Co. spiked $2.88, or 6.6 percent, to $46.33 on speculation it could be the target of a leveraged buyout. London's Sunday Express newspaper, in an unsourced report, said the chemical company might be given an offer of about $54 billion from buyout funds.
Station Casinos rose $3.51, or 4.2 percent, to $86.81 after it agreed to go private in a $5.4 billion deal, which represents an 8 percent premium over its closing price on Friday. The deal still allows Station to solicit acquisition proposals from third parties for 30 days.
Temple-Inland rose $7.55, or 13.7 percent, to $62.50 after it agreed to spin off its real estate and financial services arms, and sells its timberland business. The decision came days after activist shareholder Carl Icahn said he'd wage a proxy fight to seize control of the board.
Gilead Sciences Inc. rose 30 cents to $73.93 after the biopharmaceutical company said one of its drugs used to treat HIV works well with other therapies. Merck & Co. rose $1.10, or 2.6 percent, to $44.04 after the third-biggest U.S. maker of prescription drugs was upgraded to "Buy" from Citigroup.
Declining issues barely outpaced advancers on the New York Stock Exchange, where volume came to 475.4 million shares.
The Russell 2000 index of smaller companies fell 1.88, or 0.23 percent, at 824.76.
Overseas, Japan's Nikkei stock average closed up 0.15 percent. In afternoon trading, Britain's FTSE 100 was up 0.56 percent, Germany's DAX index added 0.55 percent, and France's CAC-40 rose 0.87 percent.

Labels: DOW, GILD, MRK, STN, TIN, TXU

Wall Street bounced higher Monday after a proposed takeover of Texas power company TXU Corp. gave investors another dose of optimism about the pace of acquisitions this year.
The company said before the opening bell it agreed to be bought by a consortium of private equity firms led by Kohlberg Kravis Roberts & Co. and Texas Pacific Group. The deal, worth $45 billion with the assumption of debt, marks the biggest leveraged buyout in U.S. corporate history.
Also lending support to stocks was Station Casinos Inc., which agreed to be taken private by a private equity firm started by the company's founding family. Temple-Inland Inc., a conglomerate that offers everything from packaging material to financial services, announced it plans to separate itself into three standalone public companies.
The takeover activity injected confidence into the market, and snapped a three-day slide in the Dow Jones industrials. Last year, the amount of mergers and acquisitions surpassed the $4 trillion level for the first time and helped power the Dow into record territory.
In the first hour of trading, the Dow rose 34.05, or 0.27 percent, to 12,681.53.
Broader stock indicators were also higher. The Standard & Poor's 500 index was up 5.39, or 0.37 percent, at 1,456.58, and the Nasdaq composite index added 8.44, or 0.34 percent, to 2,523.54.

Labels: Dow Jones, Hot Stocks, Nasdaq, STN, TIN, TXU

TXU Corp., Texas' largest electricity producer, said Monday it has agreed to be sold to a group of private-equity firms for about $32 billion in what would be the largest private buyout in U.S. corporate history if shareholders go along.
Kohlberg Kravis Roberts & Co. and Texas Pacific Group led a group that included Goldman Sachs & Co. and three other Wall Street firms that will pay $69.25 per share for TXU. They will also assume about $13 billion in debt.
The firms won support for the buyout from some environmentalists who have criticized TXU by agreeing to sharply scale back TXU's controversial $10 billion plan to build 11 new coal-fired power plants that would produce tons of new greenhouse gas emissions.

Labels: Kohlberg Kravis Roberts, TXU, TXU Corp.

Here are 7 stocks to watch for today. This list comes directly from the TradingMarkets Stocks Indicators page.
Stocks Ready to Surge: These are the stocks that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals.
Sigma-Aldrich (NASDAQ:SIAL - News). SIAL's PowerRating is 6.
Low-Priced Stocks Ready to Surge: These are the stocks under $10/share that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals. Please note: All stocks carry risk and low-priced stocks usually come with even more risk. Always use caution.
ActivIdentity (NASDAQ:ACTI - News). ACTI's PowerRating is 6.
Pullbacks from Highs: Most successful momentum-based traders and money managers like to buy strong stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 30 (in weak or choppy markets there will be fewer) of the strongest stocks that have pulled back from recent highs. These stocks should be considered potential candidates to resume their longer-term up trends.
Daktronics (NASDAQ:DAKT - News). DAKT's PowerRating is 7.
Long Windows Candidates: These are stocks which are in a strong uptrend, as determined by a proprietary trend filter and whose current bar has its high below the 4-day moving average. Historically, these stock on average have had a larger than normal short-term upside reversals. In order to qualify as a "Trading Window" candidate, we must have a 10-period ADX reading of 30 or higher and a +DI reading above the -DI reading. Or we must have a 14-period +DI of 30 or higher (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its high of the day below the 4-period moving average.
SunTrust Banks (NYSE:STI - News). STI's PowerRating is 6.
Stocks Ready to Drop: These are the stocks that today made new 10-day highs that are still in an downtrend as they are trading below their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term downside reversals.
Peabody Energy (NYSE:BTU - News). BTU's PowerRating is 3.
Pullbacks from Lows: Most successful momentum-based traders and money managers like to sell weak stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 20 (in strong or choppy markets there will be fewer) weak stocks that have pulled back from recent lows. These stocks should be considered potential candidates to resume their longer-term downtrends.
American Reprographics (NYSE:ARP - News). ARP's PowerRating is 2.
Short Windows Candidates: These are stocks which are in a strong downtrend, as determined by a proprietary trend filter and whose current bar has its low above the 4-day moving average. Historically, these stock on average have had a larger than normal short-term downside reversals. In order to qualify as a "Trading Window" candidate, the 10-period ADX must be 30 or higher and the -DI must be greater than the +DI. Or we must have a 14-period -DI reading of above 30 (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its low of the day above the 4-period moving average.
TXU Corporation (NYSE:TXU - News). TXU's PowerRating is 3.

Labels: ACTI, ARP, BTU, DAKT, Hot Stocks, SIAL, STI, TXU

Here are 7 stocks to watch for today. This list comes directly from the TradingMarkets Stocks Indicators page.
Stocks Ready to Surge: These are the stocks that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals.
Sigma-Aldrich (NASDAQ:SIAL - News). SIAL's PowerRating is 6.
Low-Priced Stocks Ready to Surge: These are the stocks under $10/share that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals. Please note: All stocks carry risk and low-priced stocks usually come with even more risk. Always use caution.
ActivIdentity (NASDAQ:ACTI - News). ACTI's PowerRating is 6.
Pullbacks from Highs: Most successful momentum-based traders and money managers like to buy strong stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 30 (in weak or choppy markets there will be fewer) of the strongest stocks that have pulled back from recent highs. These stocks should be considered potential candidates to resume their longer-term up trends.
Daktronics (NASDAQ:DAKT - News). DAKT's PowerRating is 7.
Long Windows Candidates: These are stocks which are in a strong uptrend, as determined by a proprietary trend filter and whose current bar has its high below the 4-day moving average. Historically, these stock on average have had a larger than normal short-term upside reversals. In order to qualify as a "Trading Window" candidate, we must have a 10-period ADX reading of 30 or higher and a +DI reading above the -DI reading. Or we must have a 14-period +DI of 30 or higher (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its high of the day below the 4-period moving average.
SunTrust Banks (NYSE:STI - News). STI's PowerRating is 6.
Stocks Ready to Drop: These are the stocks that today made new 10-day highs that are still in an downtrend as they are trading below their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term downside reversals.
Peabody Energy (NYSE:BTU - News). BTU's PowerRating is 3.
Pullbacks from Lows: Most successful momentum-based traders and money managers like to sell weak stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 20 (in strong or choppy markets there will be fewer) weak stocks that have pulled back from recent lows. These stocks should be considered potential candidates to resume their longer-term downtrends.
American Reprographics (NYSE:ARP - News). ARP's PowerRating is 2.
Short Windows Candidates: These are stocks which are in a strong downtrend, as determined by a proprietary trend filter and whose current bar has its low above the 4-day moving average. Historically, these stock on average have had a larger than normal short-term downside reversals. In order to qualify as a "Trading Window" candidate, the 10-period ADX must be 30 or higher and the -DI must be greater than the +DI. Or we must have a 14-period -DI reading of above 30 (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its low of the day above the 4-period moving average.
TXU Corporation (NYSE:TXU - News). TXU's PowerRating is 3.

Labels: ACTI, ARP, BTU, DAKT, Hot Stocks, SIAL, STI, TXU