12/27/2006

Year end rally

The only surprise about this rally is why it did not start pre Christmas. The action today was concentrated in small caps. As usual the China theme was still at work. If you are looking for China themed stock, yet to make wild run, just look at HMIN. Along with China. other international stocks were catching some bid. For nimble traders there were tons of opportunities in last two days. Momentum bursts like this are good for those who can anticipate and position for such moves.

The list below has some ideas worth investigating for long term or short term buys:

ACTU,Actuate Corporation (Google  Yahoo  Earnings BW  Chart
ANDE,Andersons Inc (The) (Google  Yahoo  Earnings BW  Chart
BULK,Navios Maritime Holdings Inc (Google  Yahoo  Earnings BW  Chart
CLF,Cleveland-Cliffs Inc (Google  Yahoo  Earnings BW  Chart
CMT,Core Molding Tech Inc (Google  Yahoo  Earnings BW  Chart
DXPE,Dxp Enterprises Inc (Google  Yahoo  Earnings BW  Chart
EFUT,E-Future Info Tech Inc Ord (Google  Yahoo  Earnings BW  Chart
FRD,Friedman Industries Inc (Google  Yahoo  Earnings BW  Chart
FSYS,Fuel Systems Solutions Inc (Google  Yahoo  Earnings BW  Chart
GES,Guess? Incorporated (Google  Yahoo  Earnings BW  Chart
GIFI,Gulf Island Fabrication (Google  Yahoo  Earnings BW  Chart
GOOG,Google (Google  Yahoo  Earnings BW  Chart
GRC,Gorman-Rupp Co (Google  Yahoo  Earnings BW  Chart
GROW,U.S. Global Invest Inc A (Google  Yahoo  Earnings BW  Chart
HL,Hecla Mining Co (Google  Yahoo  Earnings BW  Chart
HLYS,Heelys Inc (Google  Yahoo  Earnings BW  Chart
HMIN,Home Inns and Hotels Management (Google  Yahoo  Earnings BW  Chart
IIG,Imergent Inc (Google  Yahoo  Earnings BW  Chart
KOSN,Kosan Biosciences Inc (Google  Yahoo  Earnings BW  Chart
LNUX,Va Software Corp (Google  Yahoo  Earnings BW  Chart
MA,MasterCard Inc (Google  Yahoo  Earnings BW  Chart
MBT,Mobile Telesys Ojsc Ads (Google  Yahoo  Earnings BW  Chart
MGPI,Mgp Ingredients Inc (Google  Yahoo  Earnings BW  Chart
NTZ,Natuzzi S.p.a. (Google  Yahoo  Earnings BW  Chart
OLAB,OraLabs Holding Corp (Google  Yahoo  Earnings BW  Chart
OME,Omega Protein Corp (Google  Yahoo  Earnings BW  Chart
QADI,Qad Inc (Google  Yahoo  Earnings BW  Chart
RACK,Rackable Systems Inc (Google  Yahoo  Earnings BW  Chart
SPSX,Superior Essex Inc (Google  Yahoo  Earnings BW  Chart
TX,Ternium SA (Google  Yahoo  Earnings BW  Chart
TXCO,Exploration Co Of Delawr (Google  Yahoo  Earnings BW  Chart
UBB,Unibanco Uniao De Bancos (Google  Yahoo  Earnings BW  Chart
UPFC,United Panam Financial (Google  Yahoo  Earnings BW  Chart
VMI,Valmont Industries Inc (Google  Yahoo  Earnings BW  Chart


After two days of rally tomorrow may not be the best day to initiate new positions. A gap up would be sold aggressively as traders who anticipated the year end rally and bought before holidays or bought two days ago exit or book partial profits. The badly mauled bears may be waiting in the wing at higher level.

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