MJN

IPO breakout.

Stocks up 50% plus in a month

ADY,American Dairy Inc (Google  Yahoo  Earnings  Chart) 
AMAG,Amag Pharmaceuticals Inc (Google  Yahoo  Earnings  Chart) 
ASH,Ashland Inc (Google  Yahoo  Earnings  Chart) 
BELFB,Bel Fuse Inc Cl B (Google  Yahoo  Earnings  Chart) 
BRY,Berry Petroleum Co Cl A (Google  Yahoo  Earnings  Chart) 
BSRR,Sierra Bancorp (Google  Yahoo  Earnings  Chart) 
CAKE,Cheesecake Factory Inc (Google  Yahoo  Earnings  Chart) 
CE,Celanese (Google  Yahoo  Earnings  Chart) 
CEDC,Central European Dist (Google  Yahoo  Earnings  Chart) 
CETV,Central European Media (Google  Yahoo  Earnings  Chart) 
CNH,Cnh Global Nv (Google  Yahoo  Earnings  Chart) 
CTRN,Citi Trends Inc (Google  Yahoo  Earnings  Chart) 
DB,Deutsche Bank AG (Google  Yahoo  Earnings  Chart) 
DIN,Dineequity Inc (Google  Yahoo  Earnings  Chart) 
DK,Delek US Holdings Inc (Google  Yahoo  Earnings  Chart) 
DLLR,Dollar Financial (Google  Yahoo  Earnings  Chart) 
DRQ,Dril-Quip Inc (Google  Yahoo  Earnings  Chart) 
DTSI,DTS Inc (Google  Yahoo  Earnings  Chart) 
DUA,Deutche Bank Capital Tr Viii (Google  Yahoo  Earnings  Chart) 
DXB,Deutsche Bank Contingent Capital Trust II (Google  Yahoo  Earnings  Chart) 
ES, EnergySolutions` Inc.  (Google  Yahoo  Earnings  Chart) 
HBI,Hanesbrand Inc (Google  Yahoo  Earnings  Chart) 
HIG,Hartford Financial Services Group (Google  Yahoo  Earnings  Chart) 
IX,Orix Corp Ads (Google  Yahoo  Earnings  Chart) 
KBH,Kb Home (Google  Yahoo  Earnings  Chart) 
KCLI,Kansas City Life Insur (Google  Yahoo  Earnings  Chart) 
LB,La Barge Inc (Google  Yahoo  Earnings  Chart) 
LORL,Loral Space & Communications Inc (Google  Yahoo  Earnings  Chart) 
LTM,Life Time Fitness (Google  Yahoo  Earnings  Chart) 
LULU,Lululemon Athletica Inc. (Google  Yahoo  Earnings  Chart) 
MIDD,Middleby Corporation (Google  Yahoo  Earnings  Chart) 
MNTA,Momenta Pharma (Google  Yahoo  Earnings  Chart) 
OMGI,Orion Marine Group Inc (Google  Yahoo  Earnings  Chart) 
PAG,Penske Automotive (Google  Yahoo  Earnings  Chart) 
PANL,Universal Display Corp (Google  Yahoo  Earnings  Chart) 
PICO,Pico Holdings Inc (Google  Yahoo  Earnings  Chart) 
PWRD,Perfect World Co Ltd (Google  Yahoo  Earnings  Chart) 
ROC,Rockwood Holdings Inc (Google  Yahoo  Earnings  Chart) 
RSC,Rex Stores Corp (Google  Yahoo  Earnings  Chart) 
SIG,Signet Jewelers Limited (Google  Yahoo  Earnings  Chart) 
SNDK,Sandisk Corp (Google  Yahoo  Earnings  Chart) 
STP,Suntech Power Holdings Co Ltd (Google  Yahoo  Earnings  Chart) 
THO,Thor Industries Inc (Google  Yahoo  Earnings  Chart) 
TSL,Trina Solar Ltd. (Google  Yahoo  Earnings  Chart) 
TXI,Texas Industries Inc (Google  Yahoo  Earnings  Chart) 
ZRAN,Zoran Corp (Google  Yahoo  Earnings  Chart) 

Bottom Sectors

MG137,Nonmetallic Mineral Mining

MG348,Beverages-Wineries & Distill

MG426,Closed-End Fund-Debt

MG440,-Real Estate-

MG441,Reit-Diversified/Industrial

MG442,Reit-Office

MG443,Reit-Healthcare Facilities

MG447,Reit-Retail

MG528,Medical Practitionersi

MG728,Publishing-Periodicals

MG771,Major Airlines

Top Sectors

MG111,Chemicals - Major Diversified

MG132,Copper

MG318,Recreational Goods - Other

MG333,Recreational Vehicles

MG742,Toy & Hobby Stores

MG743,Jewelry Stores

MG745,Auto Dealerships

MG832,Semiconductor-Memory Chips

MG834,Semiconductor-Integrated Cir

MG836,Printed Circuit Boards

MG851,Internet Service Providers

Fast moving market...

• Up 20% in 13 sessions and down 5% in 2 sessions. That is the kind of fast market we are in.
  
• A pullback after a big move was logical move, but the nature of this pullback does not inspire much confidence.
  
• It was sinking like a stone for last two days with not a single counter trend intra day move. 
  
• It is end of quarter and futures are indicating a up open. So we will see how the session goes.
  
• If this rally has legs there should be soon announcement of new IPO's. If that does not happen in next week or two the rally is suspect.
  

Stocks up 50% plus in a month

ASH,Ashland Inc (Google  Yahoo  Earnings  Chart) 
BCS,Barclays Plc Adr (Google  Yahoo  Earnings  Chart) 
BELFB,Bel Fuse Inc Cl B (Google  Yahoo  Earnings  Chart) 
BRY,Berry Petroleum Co Cl A (Google  Yahoo  Earnings  Chart) 
BSRR,Sierra Bancorp (Google  Yahoo  Earnings  Chart) 
CAKE,Cheesecake Factory Inc (Google  Yahoo  Earnings  Chart) 
CE,Celanese (Google  Yahoo  Earnings  Chart) 
CEDC,Central European Dist (Google  Yahoo  Earnings  Chart) 
CETV,Central European Media (Google  Yahoo  Earnings  Chart) 
CHIC,Charlotte Russe Hldg Inc (Google  Yahoo  Earnings  Chart) 
CIEN,Ciena Corporation (Google  Yahoo  Earnings  Chart) 
CNH,Cnh Global Nv (Google  Yahoo  Earnings  Chart) 
CTRN,Citi Trends Inc (Google  Yahoo  Earnings  Chart) 
DB,Deutsche Bank AG (Google  Yahoo  Earnings  Chart) 
DIN,Dineequity Inc (Google  Yahoo  Earnings  Chart) 
DK,Delek US Holdings Inc (Google  Yahoo  Earnings  Chart) 
DLLR,Dollar Financial (Google  Yahoo  Earnings  Chart) 
DW,Drew Industries Inc (Google  Yahoo  Earnings  Chart) 
HIG,Hartford Financial Services Group (Google  Yahoo  Earnings  Chart) 
IGK,Ing Groep N.V. (Google  Yahoo  Earnings  Chart) 
ISF,Ing Groep Nv (Google  Yahoo  Earnings  Chart) 
IX,Orix Corp Ads (Google  Yahoo  Earnings  Chart) 
KBH,Kb Home (Google  Yahoo  Earnings  Chart) 
KBW,KBW Inc (Google  Yahoo  Earnings  Chart) 
LAMR,Lamar Advertising Co A (Google  Yahoo  Earnings  Chart) 
LEN,Lennar Corp Cl A (Google  Yahoo  Earnings  Chart) 
LORL,Loral Space & Communications Inc (Google  Yahoo  Earnings  Chart) 
LTM,Life Time Fitness (Google  Yahoo  Earnings  Chart) 
LZR,Emergent Group Inc (Google  Yahoo  Earnings  Chart) 
MIDD,Middleby Corporation (Google  Yahoo  Earnings  Chart) 
MSFG,Mainsource Fncl Goup Inc (Google  Yahoo  Earnings  Chart) 
NNI,Nelnet Inc (Google  Yahoo  Earnings  Chart) 
PAG,Penske Automotive (Google  Yahoo  Earnings  Chart) 
PANL,Universal Display Corp (Google  Yahoo  Earnings  Chart) 
ROC,Rockwood Holdings Inc (Google  Yahoo  Earnings  Chart) 
ROH,Rohm & Haas Co (Google  Yahoo  Earnings  Chart) 
RSC,Rex Stores Corp (Google  Yahoo  Earnings  Chart) 
SIG,Signet Jewelers Limited (Google  Yahoo  Earnings  Chart) 
STP,Suntech Power Holdings Co Ltd (Google  Yahoo  Earnings  Chart) 
TSL,Trina Solar Ltd. (Google  Yahoo  Earnings  Chart) 
TXI,Texas Industries Inc (Google  Yahoo  Earnings  Chart) 
ZRAN,Zoran Corp (Google  Yahoo  Earnings  Chart) 

Bottom Sector

MG348,Beverages-Wineries & Distill

MG426,Closed-End Fund-Debt

MG442,Reit-Office

MG443,Reit-Healthcare Facilities

MG447,Reit-Retail

MG448,Mortgage Investment

MG527,Home Health Care

MG528,Medical Practitionersi

MG529,Specialized Health Services

MG728,Publishing-Periodicals

MG771,Major Airlines

Top Sectors

MG132,Copper

MG136,Silver

MG318,Recreational Goods - Other

MG333,Recreational Vehicles

MG731,Department Stores

MG742,Toy & Hobby Stores

MG743,Jewelry Stores

MG745,Auto Dealerships

MG832,Semiconductor-Memory Chips

MG834,Semiconductor-Integrated Cir

MG851,Internet Service Providers

49 stocks are up 50% plus in a month

Market is up 20% in 13 sessions, so obviously the number of stocks up 50% in a month is also up. 49 stocks are up 50% plus. Beaten down stocks dominate the list. 

ASH,Ashland Inc (Google  Yahoo  Earnings  Chart) 
BELFB,Bel Fuse Inc Cl B (Google  Yahoo  Earnings  Chart) 
BID,Sotheby's Holding Cl A (Google  Yahoo  Earnings  Chart) 
BRY,Berry Petroleum Co Cl A (Google  Yahoo  Earnings  Chart) 
BSRR,Sierra Bancorp (Google  Yahoo  Earnings  Chart) 
CAKE,Cheesecake Factory Inc (Google  Yahoo  Earnings  Chart) 
CE,Celanese (Google  Yahoo  Earnings  Chart) 
CEDC,Central European Dist (Google  Yahoo  Earnings  Chart) 
CETV,Central European Media (Google  Yahoo  Earnings  Chart) 
CHIC,Charlotte Russe Hldg Inc (Google  Yahoo  Earnings  Chart) 
CNH,Cnh Global Nv (Google  Yahoo  Earnings  Chart) 
CTRN,Citi Trends Inc (Google  Yahoo  Earnings  Chart) 
DB,Deutsche Bank AG (Google  Yahoo  Earnings  Chart) 
DIN,Dineequity Inc (Google  Yahoo  Earnings  Chart) 
DK,Delek US Holdings Inc (Google  Yahoo  Earnings  Chart) 
DLLR,Dollar Financial (Google  Yahoo  Earnings  Chart) 
DRQ,Dril-Quip Inc (Google  Yahoo  Earnings  Chart) 
DW,Drew Industries Inc (Google  Yahoo  Earnings  Chart) 
FFCH,First Financial Holdings Inc (Google  Yahoo  Earnings  Chart) 
HBI,Hanesbrand Inc (Google  Yahoo  Earnings  Chart) 
HOG,Harley-Davidson Inc (Google  Yahoo  Earnings  Chart) 
IX,Orix Corp Ads (Google  Yahoo  Earnings  Chart) 
KB,Kb Financial Group (Google  Yahoo  Earnings  Chart) 
KCLI,Kansas City Life Insur (Google  Yahoo  Earnings  Chart) 
LAMR,Lamar Advertising Co A (Google  Yahoo  Earnings  Chart) 
LB,La Barge Inc (Google  Yahoo  Earnings  Chart) 
LEAP,Leap Wireless International Inc (Google  Yahoo  Earnings  Chart) 
LORL,Loral Space & Communications Inc (Google  Yahoo  Earnings  Chart) 
LTM,Life Time Fitness (Google  Yahoo  Earnings  Chart) 
LZR,Emergent Group Inc (Google  Yahoo  Earnings  Chart) 
MIDD,Middleby Corporation (Google  Yahoo  Earnings  Chart) 
MSFG,Mainsource Fncl Goup Inc (Google  Yahoo  Earnings  Chart) 
MW,Men's Wearhouse Inc (Google  Yahoo  Earnings  Chart) 
PAG,Penske Automotive (Google  Yahoo  Earnings  Chart) 
PHH,Phh Corp (Google  Yahoo  Earnings  Chart) 
PHIIK,PHI Incorporated (Google  Yahoo  Earnings  Chart) 
RAX,Rackspace Hosting (Google  Yahoo  Earnings  Chart) 
ROC,Rockwood Holdings Inc (Google  Yahoo  Earnings  Chart) 
RSC,Rex Stores Corp (Google  Yahoo  Earnings  Chart) 
SFSF,Successfactors (Google  Yahoo  Earnings  Chart) 
SIG,Signet Jewelers Limited (Google  Yahoo  Earnings  Chart) 
STP,Suntech Power Holdings Co Ltd (Google  Yahoo  Earnings  Chart) 
SUP,Superior Indust Internat (Google  Yahoo  Earnings  Chart) 
TAXI,Medallion Financial Corp (Google  Yahoo  Earnings  Chart) 
TSL,Trina Solar Ltd. (Google  Yahoo  Earnings  Chart) 
TXI,Texas Industries Inc (Google  Yahoo  Earnings  Chart) 
YAVY,Yadkin Valley Fin Corp (Google  Yahoo  Earnings  Chart) 
ZOLT,Zoltek Companies Inc (Google  Yahoo  Earnings  Chart) 
ZRAN,Zoran Corp (Google  Yahoo  Earnings  Chart) 

Bottom Sector

MG348,Beverages-Wineries & Distill

MG426,Closed-End Fund-Debt

MG442,Reit-Office

MG443,Reit-Healthcare Facilities

MG447,Reit-Retail

MG522,Medical Appliances & Equipment

MG527,Home Health Care

MG528,Medical Practitionersi

MG529,Specialized Health Services

MG757,Drugs Wholesale

MG771,Major Airlines

Top Sectors

MG132,Copper

MG136,Silver

MG333,Recreational Vehicles

MG722,Marketing Services

MG725,Broadcasting-Radio

MG737,Home Furnishing Stores

MG742,Toy & Hobby Stores

MG743,Jewelry Stores

MG745,Auto Dealerships

MG832,Semiconductor-Memory Chips

MG834,Semiconductor-Integrated Cir

Economy Down, Vasectomy Up

Signs of the time.....

March 26, 2009 -- In these tough economic times, more men are making a tough decision: vasectomy.

Urologists across the country are reporting that nearly twice as many men have been seeking permanent sterilization via vasectomy since the economic crisis began.

Stocks up 50% in a month

CBRL,Cracker Barrel Old Country Store Inc (Google Yahoo Earnings Chart)
CETV,Central European Media (Google Yahoo Earnings Chart)
DB,Deutsche Bank AG (Google Yahoo Earnings Chart)
DIN,Dineequity Inc (Google Yahoo Earnings Chart)
DIOD,Diodes Inc (Google Yahoo Earnings Chart)
DK,Delek US Holdings Inc (Google Yahoo Earnings Chart)
Not a dramatic increase in these numbers so far after 2 weeks of rally. 

LZR,Emergent Group Inc (Google Yahoo Earnings Chart)
MSFG,Mainsource Fncl Goup Inc (Google Yahoo Earnings Chart)
PAG,Penske Automotive (Google Yahoo Earnings Chart)
RGR,Sturm Ruger & Co Inc (Google Yahoo Earnings Chart)
RMBS,Rambus Inc (Google Yahoo Earnings Chart)
RSC,Rex Stores Corp (Google Yahoo Earnings Chart)
SIG,Signet Jewelers Limited (Google Yahoo Earnings Chart)
STI,Suntrust Banks Inc (Google Yahoo Earnings Chart)
ZRAN,Zoran Corp (Google Yahoo Earnings Chart)

Bottom Sectors

MG137,Nonmetallic Mineral Mining

MG328,Office Supplies

MG447,Reit-Retail

MG523,Health Care Plans

MG527,Home Health Care

MG529,Specialized Health Services

MG610,-Aerospace/Defense-

MG611,Aerospace/Defense-Major Dive

MG629,Textile Manufacturing

MG757,Drugs Wholesale

MG771,Major Airlines

 

Top Sectors

MG132,Copper

MG415,Regional-Midwest Banks

MG726,Catv Systems

MG741,Sporting Goods Stores

MG742,Toy & Hobby Stores

MG743,Jewelry Stores

MG744,Music & Video Stores

MG745,Auto Dealerships

MG832,Semiconductor-Memory Chips

MG834,Semiconductor-Integrated Cir

MG835,Semiconductor-Equipment & Mate

Top Stocks by relative strength

Top  85 stocks by relative strength.

AGT,Apollo Gold Corp (Google  Yahoo  Earnings  Chart) 
AIPC,American Italian Pasta Co (Google  Yahoo  Earnings  Chart) 
AN,Autonation Inc (Google  Yahoo  Earnings  Chart) 
ANDS,Anadys Pharmaceuticals (Google  Yahoo  Earnings  Chart) 
AOI,Alliance One International Inc (Google  Yahoo  Earnings  Chart) 
ARST,Arc Sight` Inc. (Google  Yahoo  Earnings  Chart) 
ASCA,Ameristar Casinos Inc (Google  Yahoo  Earnings  Chart) 
AU,Anglogold Ashanti Ltd (Google  Yahoo  Earnings  Chart) 
AUY,Yamana Gold Inc (Google  Yahoo  Earnings  Chart) 
AZK,Aurizon Mines Ltd (Google  Yahoo  Earnings  Chart) 
BBND,Bigband Networks Inc (Google  Yahoo  Earnings  Chart) 
BR,Broadridge Fin Sol (Google  Yahoo  Earnings  Chart) 
BWLD,Buffalo Wild Wings (Google  Yahoo  Earnings  Chart) 
CBRL,Cracker Barrel Old Country Store Inc (Google  Yahoo  Earnings  Chart) 
CENT,Central Garden & Pet Co (Google  Yahoo  Earnings  Chart) 
CENTA,Central Garden & Pet Co. (Google  Yahoo  Earnings  Chart) 
COMV,Comverge Inc (Google  Yahoo  Earnings  Chart) 
CPKI,California Pizza Kitchen (Google  Yahoo  Earnings  Chart) 
CVTX,Cv Therapeutics Inc (Google  Yahoo  Earnings  Chart) 
DK,Delek US Holdings Inc (Google  Yahoo  Earnings  Chart) 
DRI,Darden Restaurants (Google  Yahoo  Earnings  Chart) 
DROOY,DRD Gold Ltd Adr (Google  Yahoo  Earnings  Chart) 
EEE,Evergreen Energy Inc (Google  Yahoo  Earnings  Chart) 
ENOC,Enernoc Inc (Google  Yahoo  Earnings  Chart) 
ETQ,Corriente Resources Inc (Google  Yahoo  Earnings  Chart) 
EXK,Endeavour Silver Corp (Google  Yahoo  Earnings  Chart) 
FNF,Fidelity National Finl (Google  Yahoo  Earnings  Chart) 
GFI,Gold Fields Ltd Adr (Google  Yahoo  Earnings  Chart) 
GOLD,Randgold Resources Ltd Ads 1:2 (Google  Yahoo  Earnings  Chart) 
GRS,Gammon Lake Resources (Google  Yahoo  Earnings  Chart) 
GSS,Golden Star Resources (Google  Yahoo  Earnings  Chart) 
GTU,Central Gold Tr Ord (Google  Yahoo  Earnings  Chart) 
GVHR,Gevity Hr Inc (Google  Yahoo  Earnings  Chart) 
HGG,HHGregg Inc (Google  Yahoo  Earnings  Chart) 
HIFN,Hi/Fn Inc (Google  Yahoo  Earnings  Chart) 
IAG,Iamgold Corp (Google  Yahoo  Earnings  Chart) 
IDEV,Indevus Pharmaceuticals Inc (Google  Yahoo  Earnings  Chart) 
IMGN,Immunogen Inc (Google  Yahoo  Earnings  Chart) 
INSM,Insmed Inc (Google  Yahoo  Earnings  Chart) 
IOC,Interoil Corporation (Google  Yahoo  Earnings  Chart) 
IVN,Ivanhoe Mines Ltd (Google  Yahoo  Earnings  Chart) 
JAG,Jaguar Mining Inc (Google  Yahoo  Earnings  Chart) 
JAVA,Sun Microsystems Inc (Google  Yahoo  Earnings  Chart) 
KONG,Kongzhong Corporation  (Google  Yahoo  Earnings  Chart) 
LIHR,Lihir Gold` Limited ADS (Google  Yahoo  Earnings  Chart) 
LNG,Cheniere Energy Inc (Google  Yahoo  Earnings  Chart) 
LORL,Loral Space & Communications Inc (Google  Yahoo  Earnings  Chart) 
LZR,Emergent Group Inc (Google  Yahoo  Earnings  Chart) 
MCGC,Mcg Capital (Google  Yahoo  Earnings  Chart) 
MFN,Minefinders Corp (Google  Yahoo  Earnings  Chart) 
NAK,Northern Dynasty Minerals Ltd (Google  Yahoo  Earnings  Chart) 
NCMI,National Cinemedia Inc (Google  Yahoo  Earnings  Chart) 
NFLX,Netflix Inc (Google  Yahoo  Earnings  Chart) 
NSU,Nevsun Resources Ltd (Google  Yahoo  Earnings  Chart) 
NXG,Northgate Minerals Corp (Google  Yahoo  Earnings  Chart) 
OCN,Ocwen Financial Corp (Google  Yahoo  Earnings  Chart) 
OMGI,Orion Marine Group Inc (Google  Yahoo  Earnings  Chart) 
OPTR,Optimer Pharmaceuticals Inc (Google  Yahoo  Earnings  Chart) 
PALM,Palm Inc (Google  Yahoo  Earnings  Chart) 
PDGI,Pharmanet Dev Group Inc (Google  Yahoo  Earnings  Chart) 
PEGA,Pegasystems Inc (Google  Yahoo  Earnings  Chart) 
PHH,Phh Corp (Google  Yahoo  Earnings  Chart) 
PRSC,Providence Service Corp The (Google  Yahoo  Earnings  Chart) 
RGR,Sturm Ruger & Co Inc (Google  Yahoo  Earnings  Chart) 
RSC,Rex Stores Corp (Google  Yahoo  Earnings  Chart) 
SA,Seabridge Gold Inc (Google  Yahoo  Earnings  Chart) 
SFI,Istar Financial Inc (Google  Yahoo  Earnings  Chart) 
SGP,Schering-Plough Corp (Google  Yahoo  Earnings  Chart) 
SIGA,Siga Pharmaceuticals Inc (Google  Yahoo  Earnings  Chart) 
SIRF,Sirf Tech Holdgs Inc (Google  Yahoo  Earnings  Chart) 
SLW,Silver Wheaton Corp (Google  Yahoo  Earnings  Chart) 
SNCR,Synchronoss Technologies Inc (Google  Yahoo  Earnings  Chart) 
STAR,Starent Networks (Google  Yahoo  Earnings  Chart) 
STEC,Stec Inc (Google  Yahoo  Earnings  Chart) 
STSI,Star Scientific Inc. (Google  Yahoo  Earnings  Chart) 
SWHC,Smith & Wesson Hldg Corp (Google  Yahoo  Earnings  Chart) 
THRX,Theravance Inc (Google  Yahoo  Earnings  Chart) 
TNDM,Neutral Tandem (Google  Yahoo  Earnings  Chart) 
TRE,Tanzanian Royalty Exploration Corp (Google  Yahoo  Earnings  Chart) 
UXG,US Gold Corporation (Google  Yahoo  Earnings  Chart) 
VGZ,Vista Gold Corp (Google  Yahoo  Earnings  Chart) 
WGW,Western Goldfields Inc (Google  Yahoo  Earnings  Chart) 
XIN,Xinyuan Real Estate Co Ltd (Google  Yahoo  Earnings  Chart) 
ZINC,Horsehead Hldg Corp. (Google  Yahoo  Earnings  Chart) 
ZN,Zion Oil And Gas Inc (Google  Yahoo  Earnings  Chart) 

UNG

There are a number of high volume moves in recent days. Volumes on some of these is record high volume.

ANCI

There are a number of high volume moves in recent days. Volumes on some of these is record high volume.

AA

There are a number of high volume moves in recent days. Volumes on some of these is record high volume.

Bottom Sector

MG137,Nonmetallic Mineral Mining

MG328,Office Supplies

MG523,Health Care Plans

MG525,Hospitals

MG527,Home Health Care

MG529,Specialized Health Services

MG611,Aerospace/Defense-Major Dive

MG629,Textile Manufacturing

MG632,Manufactured Housing

MG762,Rental & Leasing Services

MG771,Major Airlines

Top Sectors

MG132,Copper

MG414,Regional-Southeast Banks

MG415,Regional-Midwest Banks

MG738,Auto Parts Stores

MG741,Sporting Goods Stores

MG742,Toy & Hobby Stores

MG745,Auto Dealerships

MG832,Semiconductor-Memory Chips

MG834,Semiconductor-Integrated Cir

MG835,Semiconductor-Equipment & Mate

MG851,Internet Service Providers

Timid Tim might be on way out

Henry Blodget is predicting Tim Geithner will be out soon. I agree. He has been a complete disaster.

Obama's Treasury Secretary is in trouble. Yesterday, we heard the first public discussion of a resignation. That theme will likely gain steam over the next few days.

A recap of what everyone is frustrated about:

Geithner approved the AIG bonuses
Geithner forced his boss (Obama) to step in and overrule him (recoup the bonuses)
Geithner arranged the AIG bailout that has since ballooned to $170 billion
Geithner participated in the decision to hide the AIG counterparty bailouts
Geithner still has no coherent plan to fix the banking crisis
Geithner still thinks the problem is "liquidity," not solvency
Geithner has persuaded no one that he's the right man for the job
In a normal environment, the country might have time to wait for Tim Geithner to recover from his early missteps. In the current crisis, however, we don't.

We expect to begin hearing calls for his resignation momentarily.

Bottom Sector

MG131,Steel & Iron
MG133,Aluminum
MG137,Nonmetallic Mineral Mining
MG313,Housewares & Accessories
MG328,Office Supplies
MG431,Life Insurance
MG523,Health Care Plans
MG527,Home Health Care
MG629,Textile Manufacturing
MG762,Rental & Leasing Services
MG771,Major Airlines

Retail Sector Gains Relative Strength

Retail is the clear theme here.
MG132,Copper
MG714,Specialty Eateries
MG725,Broadcasting-Radio
MG726,Catv Systems
MG731,Department Stores
MG732,Discount - Variety Stores
MG738,Auto Parts Stores
MG741,Sporting Goods Stores
MG742,Toy & Hobby Stores
MG745,Auto Dealerships
MG834,Semiconductor-Integrated Cir

Bottom Sectors

MG137,Nonmetallic Mineral Mining
MG313,Housewares & Accessories
MG328,Office Supplies
MG425,Credit Services
MG441,Reit-Diversified/Industrial
MG444,Reit-Hotel/Motel
MG447,Reit-Retail
MG527,Home Health Care
MG629,Textile Manufacturing
MG762,Rental & Leasing Services
MG771,Major Airlines

Top Sectors

MG132,Copper
MG714,Specialty Eateries
MG725,Broadcasting-Radio
MG726,Catv Systems
MG731,Department Stores
MG732,Discount - Variety Stores
MG738,Auto Parts Stores
MG741,Sporting Goods Stores
MG745,Auto Dealerships
MG834,Semiconductor-Integrated Cir
MG835,Semiconductor-Equipment & Mate

Bottom Sectors

MG133,Aluminum
MG137,Nonmetallic Mineral Mining
MG313,Housewares & Accessories
MG328,Office Supplies
MG417,Regional-Pacific Banks
MG425,Credit Services
MG431,Life Insurance
MG527,Home Health Care
MG629,Textile Manufacturing
MG762,Rental & Leasing Services
MG771,Major Airlines

Retail sector is gaining relative strength

One clear trend visible currently is the steady improvement in retail and restaurants sector relative strength. Post earnings retailers are breaking out.Number of retail stocks had big volume breakouts in last one month and most have followed through on those breakouts. That suggests worst might be over for retail sector and the consumer is not as bankrupt as previously thought.

Top Sectors
MG132,Copper
MG714,Specialty Eateries
MG725,Broadcasting-Radio
MG726,Catv Systems
MG738,Auto Parts Stores
MG741,Sporting Goods Stores
MG745,Auto Dealerships
MG764,Consumer Services
MG832,Semiconductor-Memory Chips
MG834,Semiconductor-Integrated Cir
MG835,Semiconductor-Equipment & Mate

10 day high on S&P has been bearish

Everytime the S&P has made 10 days high (indicated by red spikes) in last one year it has had a correction or reversal. All Indexes are at 10 day high since Thursday.

Stocks up 25% in a month

3 days of rally has some stocks bolting ahead 25% plus in jiffy.
ARST,Arc Sight` Inc. (Google  Yahoo  Earnings  Chart) 
ASIA,Asiainfo Holdings Inc (Google  Yahoo  Earnings  Chart) 
BIDU,Baidu` Incorporated (Google  Yahoo  Earnings  Chart) 
BIG,Big Lots Inc (Google  Yahoo  Earnings  Chart) 
BWLD,Buffalo Wild Wings (Google  Yahoo  Earnings  Chart) 
CAB,Cabela's Inc (Google  Yahoo  Earnings  Chart) 
CBRL,Cracker Barrel Old Country Store Inc (Google  Yahoo  Earnings  Chart) 
CF,CF Industries Holdings Inc (Google  Yahoo  Earnings  Chart) 
CRMT,America's Car-mart Inc (Google  Yahoo  Earnings  Chart) 
CTRN,Citi Trends Inc (Google  Yahoo  Earnings  Chart) 
CVTX,Cv Therapeutics Inc (Google  Yahoo  Earnings  Chart) 
DIOD,Diodes Inc (Google  Yahoo  Earnings  Chart) 
DM,Dolan Media Company (Google  Yahoo  Earnings  Chart) 
FCX,Freeport Mcmoran C&G B (Google  Yahoo  Earnings  Chart) 
FL,Foot Locker Inc (Google  Yahoo  Earnings  Chart) 
ININ,Interactive Intelligence (Google  Yahoo  Earnings  Chart) 
IPCS,iPCS Inc (Google  Yahoo  Earnings  Chart) 
KMX,Carmax Inc (Google  Yahoo  Earnings  Chart) 
LEAP,Leap Wireless International Inc (Google  Yahoo  Earnings  Chart) 
LFT,Longtop Financial Technologies (Google  Yahoo  Earnings  Chart) 
LZR,Emergent Group Inc (Google  Yahoo  Earnings  Chart) 
RGR,Sturm Ruger & Co Inc (Google  Yahoo  Earnings  Chart) 
RMBS,Rambus Inc (Google  Yahoo  Earnings  Chart) 
ROH,Rohm & Haas Co (Google  Yahoo  Earnings  Chart) 
STI,Suntrust Banks Inc (Google  Yahoo  Earnings  Chart) 
SU,Suncor Energy (Google  Yahoo  Earnings  Chart) 
SWKS,Skyworks Solutions Inc (Google  Yahoo  Earnings  Chart) 
TDC,Teradata Corporation (Google  Yahoo  Earnings  Chart) 
UEIC,Universal Electronics (Google  Yahoo  Earnings  Chart) 
WFMI,Whole Foods Market Inc (Google  Yahoo  Earnings  Chart) 
WXS,Wright Express Corp (Google  Yahoo  Earnings  Chart) 
ZN,Zion Oil And Gas Inc (Google  Yahoo  Earnings  Chart) 

The bullish and bearish case

• The oversold level was not sustainable so we got a bounce. Considering the extent of the damage it was not such a big bounce. Last time it was 11% bounce.
•  But eager participants had the market pushing higher second day and which resulted in a gap up. Obviously those with overnight profitable positions lost no opportunity to take profit. 
• The market spent rest of the day churning and a final wave of buying could not repair much of the damage done in the morning.
• It is rare that a market follows a popular course of action. A market rally arrives when everyone is calling for one. That should make you a bit skeptical.
• The bullish case is based on bank CEO statement, extreme oversold levels, extreme sentiments, hope the stimulus will work, the mortgage plan will work and even the perma bears are becoming bullish. The other bullish case is that everyone is skeptical of the rally so it will persist.
• But there is a bearish case also for why this is mere reflex bounce.
• Beaten down sectors are leading, which never is the case at start of bull market. Financials are not going to lead next bull market, let us be very clear about it. 
• Oil is not participating.
• Many big stocks like MCD, WMT, XOM, GE, V, MA and so on could not hold on to their gains.

Reflex bounce

• That was classic bear market reflex bounce. In this market such bounces have not had much legs so far.
• For days we have seen never ending decline. Slow, persistent, water torture, With no counter trend bounce. After wearing us out for weeks there was the real bounce.
• Is it a start of a bear market rally or just a one day wonder, we will know. 
• There is some hope that the bears will be on sideline for sometime patiently waiting to put their shorts back. But best course of action is to take it one day at a time. 
  

A little bounce in financials

• Selling is relentless. Any intraday bounce also gets sold immediately. But today the volume was a bit lighter. 
• There is no panic. It is only relentless selling.
• A snap back bounce will happen when investors run out of stocks to sell. 
• As the move progresses stocks which were holding up well are slowly wilting e.g. AMZN, PCLN, IBM, gold stocks.
• But the banks were up today. BAC, WFC, USB, PNC, AXP all managed to end up. Some other large stocks were also up.
•  Financials are the sector to watch for start of any snap back rally.
• We will see if they hold on to their gains tomorrow.
• As of now pre market futures show a up day so we will see.
  
• Sectors holding up well currently are:
• MG113,Agricultural Chemicals
  MG132,Copper
  MG352,Tobacco Products - Other
  MG513,Drugs-Generic
  MG732,Discount - Variety Stores
  MG738,Auto Parts Stores
  MG741,Sporting Goods Stores
  MG744,Music & Video Stores
  MG745,Auto Dealerships
  MG826,Healthcare Information Service
  MG834,Semiconductor-Integrated Cir
  
  
• Sectors leading the downside are: 
• MG312,Home Furnishings & Fixtures
  
• MG313,Housewares & Accessories
  
• MG328,Office Supplies
  
• MG425,Credit Services
  
• MG431,Life Insurance
  
• MG444,Reit-Hotel/Motel
  
• MG523,Health Care Plans
  
• MG629,Textile Manufacturing
  
• MG633,Lumber / Wood Production
  
• MG712,Resorts & Casinos
  
• MG771,Major Airlines

The trend continues

• We continue to be in a down move and there have been days without counter trend bounce. The oversold market is so weak that it can not put together a tradable rally. The selling is slow and not panicky. Last week  for a day it looked like some panic is setting in but the reversal on Friday in final hours ensured that there will be not much panic.
• The Market Monitor primary indicator (25% plus in a quarter) is currently at 540. For it to reach 200 it might take more than next week. So going long is a risky proposition as of now.
• The sectors currently holding up well are:
  • MG113,Agricultural Chemicals
    MG132,Copper
    MG352,Tobacco Products - Other
    MG732,Discount - Variety Stores
    MG738,Auto Parts Stores
    MG741,Sporting Goods Stores
    MG745,Auto Dealerships
    MG826,Healthcare Information Service
    MG834,Semiconductor-Integrated Cir
    MG850,-Internet-
    MG852,Internet Information Providers
     
• Sectors currently in downtrend are:
  • MG328,Office Supplies
  • MG417,Regional-Pacific Banks
  • MG425,Credit Services
  • MG431,Life Insurance
  • MG444,Reit-Hotel/Motel
  • MG447,Reit-Retail
  • MG523,Health Care Plans
  • MG629,Textile Manufacturing
  • MG633,Lumber / Wood Production
  • MG712,Resorts & Casinos
  • MG771,Major Airlines

China can not save the markets

A weak bounce yesterday was aggressively sold today. The rumor of Chinese stimulus package was just a rumor. It was a 1000 plus day on Market Monitor, indicating extreme selling pressure. 

Only sector which might be buy is gold as those stocks are best bought on pullback.

Unless the banking sector bounces back, chances of a bounce sticking are low.

Top sectors currently  are :

• MG113,Agricultural Chemicals
• MG132,Copper
• MG135,Gold
• MG732,Discount - Variety Stores
• MG738,Auto Parts Stores
• MG741,Sporting Goods Stores
• MG745,Auto Dealerships
• MG821,Multimedia & Graphics Software
• MG834,Semiconductor-Integrated Cir
• MG850,-Internet-
• MG852,Internet Information Providers

Bottom sectors currently are: 

•  MG313,Housewares & Accessories
• MG328,Office Supplies
• MG425,Credit Services
• MG431,Life Insurance
• MG444,Reit-Hotel/Motel
• MG447,Reit-Retail
• MG523,Health Care Plans
• MG629,Textile Manufacturing
• MG633,Lumber / Wood Production
• MG712,Resorts & Casinos
• MG771,Major Airlines

Stocks within lcosing distance of 52 weeks currently are:

AIPC

AZO

CVTX

CYCL

DLTR

EGO

FDO

IAG

IDEV

INSM

IWOV

MIN

MYGN

NFLX

OCN

ORLY

PSD

STAR

TEVA

TNDM

A weak reflex bounce

• Considering how deeply oversold we are, the rally which we saw yesterday was not at all impressive. Typical reflex bounces end at other end of range. That is a very weak and tepid bounce. 
• The 800 pound gorilla in the market currently is the banking sector. They were making new lows yesterday. Compare that to  November reflex rally, you had them reversing and heading higher. That makes the action of yesterday very suspect. 
• Top sectors are:
  
• • MG113,Agricultural Chemicals
    MG132,Copper
    MG717,General Entertainment
    MG725,Broadcasting-Radio
    MG738,Auto Parts Stores
    MG741,Sporting Goods Stores
    MG747,Apparel Stores
    MG821,Multimedia & Graphics Software
    MG834,Semiconductor-Integrated Cir
    MG850,-Internet-
    MG852,Internet Information Providers
• Bottom Sectors are:
  • MG313,Housewares & Accessories
    MG328,Office Supplies
    MG417,Regional-Pacific Banks
    MG425,Credit Services
    MG431,Life Insurance
    MG444,Reit-Hotel/Motel
    MG447,Reit-Retail
    MG523,Health Care Plans
    MG629,Textile Manufacturing
    MG712,Resorts & Casinos
    MG771,Major Airlines
     
• Stocks near their 52 week high are:
  • AIPC
    AZO
    CVTX
    CYCL
    DLTR
    EGO
    GMCR
    HOTT
    IDEV
    INSM
    IWOV
    MIN
    MYGN
    NFLX
    NITE
    ORLY
    PCG
    PSD
    TEVA
    TNDM
    VR
    WTR
     
• Stocks showing up in short scans are: 
  • COCO
  • PALM
  • APOL
  • POT
  • DV
  • ESI
  • USB
  • WFC
  • JPM
  • ORCL
  • NTRS
  • MA
  • IPI
  • KGC
   

Oversold

• The market is way oversold but it continues to get weaker. It was a 500 plus day to the downside on Market Monitor, that indicates very high selling pressure. This is 5th day of 500 plus selling after a brief one day upside last week. 
• The futures are indicating bullish open like yesterday. The overnight markets were up on speculation about new Chinese stimulus package. 
  

• Given the fact that we are down for so many days a reflex bounce is logical move but we have seen that this market is so weak that even a tradable bounce has been difficult proposition. . Sentiment, bad news, despair, and price levels all point to one for sometime. 
• The sectors leading to the upside currently are:
  • MG113,Agricultural Chemicals
  • MG132,Copper
  • MG352,Tobacco Products - Other
  • MG528,Medical Practitioners
  • MG725,Broadcasting-Radio
  • MG738,Auto Parts Stores
  • MG741,Sporting Goods Stores
    
  • MG747,Apparel Stores
  • MG834,Semiconductor-Integrated Cir
    
  • MG850,-Internet-
  • MG852,Internet Information Providers
• The sectors leading to the downside currently are:
  
• • MG313,Housewares & Accessories
  • MG328,Office Supplies
  • MG425,Credit Services
  • MG431,Life Insurance
  • MG444,Reit-Hotel/Motel
  • MG447,Reit-Retail
  • MG523,Health Care Plans
  • MG629,Textile Manufacturing
  • MG637,General Contractors
  • MG712,Resorts & Casinos
  • MG771,Major Airlines
• Very few stocks are trading closer to the top of their one year range. A scan I ran on stocks within top of their 52 week high range and with sufficient average daily volume has only 21 stocks in it. They are:
  • AIPC
  • AZO
  • CECO
  • COCO
  • CVTX
  • CYCL
  • DLTR
  • GMCR
  • IDEV
  • INSM
  • IWOV
  • MIN
  • MYGN
  • NFLX
  • OCN
  • ORLY
  • PCG
  • PSD
  • TEVA
  • TNDM
  • VR
• Some interesting possibilities on long side out of these are : NFLX, TNDM , AIPC, MYGN. 
  
   

• With 10 to 11 days of active selling, there are very few low risk shorts and a possibility of reflex rally makes it difficult to short here. But some of the shorts showing up on my short scans are :

1. ARCC
2. BKUNA
3. CMS
4. CNL
5. DPZ
6. EEE
7. EXP
8. FL
9. HUN
10. JCG
11. MENT
12. MLM
13. NDN
14. OMTR

A hint of panic

•  Yesterday was the first day when some hint of panic was in air. Stocks which were holding up well like the fertilizer stocks were being sold yesterday.
• If you are looking for short ideas, some of the possibilities are:

ACM
ACS
BBY
CL
CRM
CS
DNR
FTO
HP
INT
MBT
OII
PETM
POT
RAH
RIG
SBAC
SU
SYT
TRA
VIV
WRC

• Or you can look at:
  
   

AEM
AHL
AKAM
ANF
ANW
AUY
BBY
BG
BIDU
BKS
BVN
CLB
CS
DNR
EDU
ELS
ETE
EXH
FCX
GES
GG
GNK
GRS
HES
HP
MICC
NFLX
NTCT
PETM
POT
PSA
PSS
RIG
RS
SNP
SPW
TRA
VMI
VPRT
WGOV
WLT
WXS

• The bottom 10 sectors currently are:
  
• 1. MG328,Office Supplies
  2. MG425,Credit Services
  3. MG431,Life Insurance
  4. MG444,Reit-Hotel/Motel
  5. MG446,Reit-Residential
  6. MG447,Reit-Retail
  7. MG523,Health Care Plans
  8. MG629,Textile Manufacturing
  9. MG712,Resorts & Casinos
  10. MG771,Major Airlines
• The top 10 sectors currently are:

1. MG113,Agricultural Chemicals
2. MG352,Tobacco Products - Other
3. MG513,Drugs-Generic
4. MG528,Medical Practitioners
5. MG725,Broadcasting-Radio
6. MG738,Auto Parts Stores
7. MG739,Catalog & Mail Order Houses
8. MG741,Sporting Goods Stores
9. MG850,-Internet-
10. MG852,Internet Information Providers

Weak market

• When market does not behave as expected, it indicates the market is very weak. Coming in to last week almost all mean reversion kind of models were indicating a possibility of a bounce. Even the worst moves in bear market are punctuated by counter trend rallies. However this market has failed to put together a bounce. Instead we are getting continuous selling.
• As selling persists  the breadth is deteriorating slowly. That is the only divergence in this move so far. 
• Sectors and stocks which were providing some leadership to the market on bullish side have also broken down last week. The health care stocks were considered safe heaven but after the Obama budget plan, they have taken a big tumble. Biotech stocks have also shown number of break downs. The education stocks have also stumbled.
• Only 10 sectors were up a small percent in this month. The top 10 sectors by monthly price change currently are:
  • MG113,Agricultural Chemicals
  • MG137,Nonmetallic Mineral Mining
  • MG513,Drugs-Generic
  • MG528,Medical Practitioners
  • MG725,Broadcasting-Radio
  • MG738,Auto Parts Stores
  • MG739,Catalog & Mail Order Houses
  • MG741,Sporting Goods Stores
  • MG850,-Internet-
  • MG852,Internet Information Providers
• The 10 worst performing sector were down on an average 30%.
  • MG328,Office Supplies
  • MG425,Credit Services
  • MG431,Life Insurance
  • MG441,Reit-Diversified/Industrial
  • MG444,Reit-Hotel/Motel
  • MG446,Reit-Residential
  • MG447,Reit-Retail
  • MG629,Textile Manufacturing
  • MG712,Resorts & Casinos
  • MG771,Major Airlines
• There are currently only 30 stocks with sufficient liquidity which are within 15% of 52 week high. 
  • AZO
  • CECO
  • CENTA
  • COCO
  • CVTX
  • CYCL
  • DLTR
  • DNA
  • EGO
  • EYE
  • HLTH
  • HOTT
  • IAG
  • IDCC
  • IDEV
  • INSM
  • IWOV
  • MIN
  • MYGN
  • MYL
  • NFLX
  • NITE
  • ORLY
  • PCG
  • PSD
  • SAI
  • SNDA
  • TEVA
  • TNDM
  • WPI