Opportunity Buffet Part 1 | stockbee

7/19/2007

Opportunity Buffet Part 1

“Opportunity is missed by most people because it is dressed in overalls and looks like work.”- Thomas Alva Edison



A day like today involves more work as we have 177 breakouts on bullish side and 46 on bearish side. What a difference a day makes.

The opportunity on long sides are becoming more risky as we are now entering runaway territory on some sectors like shipping, but that is the fun and challenge of trading runaway stocks.

So lets look at what Mr. Market has to offer .

Bullish IBD 70 plus EPS

We have 60 breakouts with 70 plus EPS, clearly showing where the pocket of strength is located and where money is flowing.
ANAD,Anadigics Inc (Google Yahoo Earnings Chart)
AVCI,Avici Systems (Google Yahoo Earnings Chart)
AVT,Avnet Inc (Google Yahoo Earnings Chart)
BBND,Bigband Networks Inc (Google Yahoo Earnings Chart)
BCO,Brink's Co (Google Yahoo Earnings Chart)
BRKS,Brooks Automation Inc (Google Yahoo Earnings Chart)
BTM,Brasil Telecom S.a. (Google Yahoo Earnings Chart)
CBST,Cubist Pharmaceuticals (Google Yahoo Earnings Chart)
CMT,Core Molding Tech Inc (Google Yahoo Earnings Chart)
CNS,Cohen & Steers Inc (Google Yahoo Earnings Chart)
CPWR,Compuware Corp (Google Yahoo Earnings Chart)
CTXS,Citrix Systems Inc (Google Yahoo Earnings Chart)
CVLT,Commvault Systems Inc (Google Yahoo Earnings Chart)
DAC,Danaos Corp (Google Yahoo Earnings Chart)
DRYS,Dryships (Google Yahoo Earnings Chart)
DSW,DSW Inc (Google Yahoo Earnings Chart)
ESEA,Euroseas Ltd (Google Yahoo Earnings Chart)
EXC,Exelon Corporation (Google Yahoo Earnings Chart)
EXM,Excel Maritime Carriers (Google Yahoo Earnings Chart)
FFIV,F5 Networks Inc (Google Yahoo Earnings Chart)
FSTR,L.B. Foster Co Cl A (Google Yahoo Earnings Chart)
FTK,Flotek Industries Inc (Google Yahoo Earnings Chart)
GPOR,Gulfport Energy Corp (Google Yahoo Earnings Chart)
HRZ,Horizon Lines Inc (Google Yahoo Earnings Chart)
LOGI,Logitech Intl Sa Ord (Google Yahoo Earnings Chart)
LRW,Labor Ready Inc (Google Yahoo Earnings Chart)
LUV,Southwest Airlines Co (Google Yahoo Earnings Chart)
MDCO,Medicines Company The (Google Yahoo Earnings Chart)
MHJ,Man Sang Holdings Inc (Google Yahoo Earnings Chart)
MIG,Meadowbrook Insurance Gr (Google Yahoo Earnings Chart)
NDAQ,Nasdaq Stock Market Inc (Google Yahoo Earnings Chart)
NHWK,NightHawk Radiology Holdings Inc (Google Yahoo Earnings Chart)
NTAP,Network Appliance Inc (Google Yahoo Earnings Chart)
NTOL,Natrol Inc (Google Yahoo Earnings Chart)
OPXT,Opnext Inc (Google Yahoo Earnings Chart)
OXPS,Optionsxpress Holdings (Google Yahoo Earnings Chart)
PKG,Packaging Corp Of Amer (Google Yahoo Earnings Chart)
PROS,Procentury Corp (Google Yahoo Earnings Chart)
RBC,Regal-Beloit Corp (Google Yahoo Earnings Chart)
SAP,Sap Ag Ads (Google Yahoo Earnings Chart)
SBUX,Starbucks Corporation (Google Yahoo Earnings Chart)
SHW,Sherwin-Williams Co (Google Yahoo Earnings Chart)
SLT,Sterlite Industries (Google Yahoo Earnings Chart)
SRVY,Greenfield Online Inc (Google Yahoo Earnings Chart)
SSW,Seaspan Corp (Google Yahoo Earnings Chart)
SWHC,Smith & Wesson Hldg Corp (Google Yahoo Earnings Chart)
SWKS,Skyworks Solutions Inc (Google Yahoo Earnings Chart)
SYNO,Synovis Life Tech Inc (Google Yahoo Earnings Chart)
SYNP,Synplicity Inc (Google Yahoo Earnings Chart)
TATTF,Tat Technol Ltd (Google Yahoo Earnings Chart)
TBSI,TBS International Limited Class A (Google Yahoo Earnings Chart)
TCBI,Texas Capital Bancshares (Google Yahoo Earnings Chart)
TESO,Tesco Corp (Google Yahoo Earnings Chart)
TGB,Taseko Mines Ltd (Google Yahoo Earnings Chart)
TIE,Titanium Metals Corp New (Google Yahoo Earnings Chart)
TTM,Tata Motors Ltd Ads (Google Yahoo Earnings Chart)
TXT,Textron Inc (Google Yahoo Earnings Chart)
VMI,Valmont Industries Inc (Google Yahoo Earnings Chart)
VSEA,Varian Semiconductor Equipment Associates Inc (Google Yahoo Earnings Chart)
WNI,Schiff Nutrition International Inc (Google Yahoo Earnings Chart)

Out of this CNS, MDCO, MIG, CBST, TATTF, TCBI, BBND, SBUX, AVT, OXPS, DSW, FTK, BCO, SYNP, LRW, SHW, TIE, CMT, TESO, CVLT, WNI, PKG, ANAD, NHWK, LOGI, CTXS, NDAQ, SYNO, VMI, TXT, EXC, OPXT, LUV, and SSW have low month growth. With so many breakouts choice, you have your task cut out. More importantly keep an eye on those which are breaking out post earnings. They are the ones which go on to form the patterns like flat bases and cup and handle bases which IBD likes.
If you go through the entire list everyday, you can detect sector trends much before they show up on relative strength measures. Plus the early movers in sector are the real leaders.

Bullish Double Trouble

Oh what a feast, 49 breakouts. Many with excellent weakness character.
AETI,American Electric Technology Inc (Google Yahoo Earnings Chart)
AIS,Antares Pharma Inc (Google Yahoo Earnings Chart)
ALVR,Alvarion Ltd (Google Yahoo Earnings Chart)
ANAD,Anadigics Inc (Google Yahoo Earnings Chart)
ANTP,Phazar Corp (Google Yahoo Earnings Chart)
ASTI,Ascent Solar Technologies Inc (Google Yahoo Earnings Chart)
ASTSF,Ase Test Limited Ord Shr (Google Yahoo Earnings Chart)
AVCI,Avici Systems (Google Yahoo Earnings Chart)
AVT,Avnet Inc (Google Yahoo Earnings Chart)
BCON,Beacon Power Corp (Google Yahoo Earnings Chart)
BTM,Brasil Telecom S.a. (Google Yahoo Earnings Chart)
CCOI,Cogent Communications Group Inc (Google Yahoo Earnings Chart)
CLWR,Clearwire Corp Cl A (Google Yahoo Earnings Chart)
DRYS,Dryships (Google Yahoo Earnings Chart)
ESEA,Euroseas Ltd (Google Yahoo Earnings Chart)
EXM,Excel Maritime Carriers (Google Yahoo Earnings Chart)
FFIV,F5 Networks Inc (Google Yahoo Earnings Chart)
FREE,FreeSeas Inc (Google Yahoo Earnings Chart)
FTK,Flotek Industries Inc (Google Yahoo Earnings Chart)
GBN,Great Basin Gold (Google Yahoo Earnings Chart)
GGL,Goodman Global Inc (Google Yahoo Earnings Chart)
GNK,Genco Shipping & Trading Ltd (Google Yahoo Earnings Chart)
GPOR,Gulfport Energy Corp (Google Yahoo Earnings Chart)
HRZ,Horizon Lines Inc (Google Yahoo Earnings Chart)
ICA,Empresas ICA Sociedad Controladora SA de CV (Google Yahoo Earnings Chart)
ICOC,Ico Inc (Google Yahoo Earnings Chart)
JNPR,Juniper Networks (Google Yahoo Earnings Chart)
LBIX,Leading Brands Inc (Google Yahoo Earnings Chart)
LNOP,Lanoptics Ltd (Google Yahoo Earnings Chart)
MHJ,Man Sang Holdings Inc (Google Yahoo Earnings Chart)
NAVI,Navisite Incorporated (Google Yahoo Earnings Chart)
NM,Navios Maritime Holdings Inc (Google Yahoo Earnings Chart)
NTOL,Natrol Inc (Google Yahoo Earnings Chart)
PILL,Proxymed Inc (Google Yahoo Earnings Chart)
PRGX,Prg-schultz Intl Inc (Google Yahoo Earnings Chart)
PTEC,Phoenix Technologies Ltd (Google Yahoo Earnings Chart)
QMAR,Quintana Maritime Ltd (Google Yahoo Earnings Chart)
RBY,Rubicon Minerals Corporation (Google Yahoo Earnings Chart)
SCLD,Steelcloud Inc (Google Yahoo Earnings Chart)
SRVY,Greenfield Online Inc (Google Yahoo Earnings Chart)
SUPG,Supergen Inc (Google Yahoo Earnings Chart)
SWHC,Smith & Wesson Hldg Corp (Google Yahoo Earnings Chart)
SWKS,Skyworks Solutions Inc (Google Yahoo Earnings Chart)
SYNO,Synovis Life Tech Inc (Google Yahoo Earnings Chart)
TASR,Taser International Inc (Google Yahoo Earnings Chart)
TBSI,TBS International Limited Class A (Google Yahoo Earnings Chart)
TESO,Tesco Corp (Google Yahoo Earnings Chart)
TGB,Taseko Mines Ltd (Google Yahoo Earnings Chart)
VSEA,Varian Semiconductor Equipment Associates Inc (Google Yahoo Earnings Chart)


Some buyable ones are AIS, AVT, PRGX, SUPG, TESO, GGL, CLWR, ANAD, LNOP.

Bullish Multi Year Leaders
We have 14 breakouts in this.

ANAD,Anadigics Inc (Google Yahoo Earnings Chart)
ASTSF,Ase Test Limited Ord Shr (Google Yahoo Earnings Chart)
AVT,Avnet Inc (Google Yahoo Earnings Chart)
AZK,Aurizon Mines Ltd (Google Yahoo Earnings Chart)
CCOI,Cogent Communications Group Inc (Google Yahoo Earnings Chart)
FCX,Freeport Mcmoran C&G B (Google Yahoo Earnings Chart)
GBN,Great Basin Gold (Google Yahoo Earnings Chart)
ICA,Empresas ICA Sociedad Controladora SA de CV (Google Yahoo Earnings Chart)
ICOC,Ico Inc (Google Yahoo Earnings Chart)
NAVI,Navisite Incorporated (Google Yahoo Earnings Chart)
SWHC,Smith & Wesson Hldg Corp (Google Yahoo Earnings Chart)
TESO,Tesco Corp (Google Yahoo Earnings Chart)
TGB,Taseko Mines Ltd (Google Yahoo Earnings Chart)
VSEA,Varian Semiconductor Equipment Associates Inc (Google Yahoo Earnings Chart)


Out of this AVT, ASTSF, TESO, ANAD, and ICOC are a buy.

Bullish Distressed Stock
Out of 17 stocks in this list CACS and RIGL are worth researching. If you noticed PILL the stock which I highlighted from this list is up 28% today. In such stocks there is seller exhaustion, so breakout often work. But this game is only for nimble short term traders.

Now that is the opportunity landscape on long side. In part 2, I will cover short opportunities and in Part 3,the more learning and tracking kind of stocks from 50% plus list.

2 comments:

Tom said...

Hi Pradeep,

Regarding your suggestion that CLWR may still be buyable, are you thinking that the short sellers are getting squeezed here and there will be even more UP days ahead, even after today's huge 34% gain? In general, what are the criteria that put some of these "opportunity buffet" items on the "buyable" plate?

Thanks!

Tim said...

Tom -

Look at all the ones marked buyable. You will notice they all moved relatively sideways for 1+ months prior to today's move up.