Earnings will dominate the action

Earnings will dominate the action

April 15, 2007

The 100 plus universe has climbed to 400 plus. The memories of February swoon have disappeared. Market has shown remarkable recovery after the major one day down move.
Now the attention will shift to earnings. This week will herald real flood of earnings, as more companies are slated to announce earnings this week.


Market Monitor

Total 4% plus bullish breakouts=163
Total 4% plus bearish breakouts= 23
65 day bullish/bearish ratio= 955/260
Stocks up 50% or more in a month=11
Stocks up 25% or more in a month=117
Number of stocks with 100% plus move = 408
Number of stocks up 200% or more = 89
4% plus signals for 100plus universe=39
4% plus signals for 200plus universe=13

Selected breakouts
AIXG,Aixtron Aktiengesellschaft Ads (Google  Yahoo  Earnings  Chart) 
ASTI,Ascent Solar Technologies Inc (Google  Yahoo  Earnings  Chart) 
AVRX,Avalon Pharmaceuticals Inc (Google  Yahoo  Earnings  Chart) 
BW,Brush Engineered (Google  Yahoo  Earnings  Chart) 
CBLI,Cleveland BioLabs Inc (Google  Yahoo  Earnings  Chart) 
CHDX,Chindex International Inc (Google  Yahoo  Earnings  Chart) 
DYAX,Dyax Corporation (Google  Yahoo  Earnings  Chart) 
EMS,Emergency Medical Services L.P. (Google  Yahoo  Earnings  Chart) 
FTK,Flotek Industries Inc (Google  Yahoo  Earnings  Chart) 
HL,Hecla Mining Co (Google  Yahoo  Earnings  Chart) 
ITWO,i2 Technologies Inc (Google  Yahoo  Earnings  Chart) 
JADE,Lj Internat Inc (Google  Yahoo  Earnings  Chart) 
JAV,Javelin Pharmaceuticals Inc (Google  Yahoo  Earnings  Chart) 
JSDA,Jones Soda Co (Google  Yahoo  Earnings  Chart) 
LNET,Lodgenet Entertainment (Google  Yahoo  Earnings  Chart) 
MRB,Metallica Resources Group (Google  Yahoo  Earnings  Chart) 
MTOX,Medtox Scientific (Google  Yahoo  Earnings  Chart) 
NAK,Northern Dynasty Minerals Ltd (Google  Yahoo  Earnings  Chart) 
RCCC,Rural Cellular Corp (Google  Yahoo  Earnings  Chart) 
REFR,Research Frontiers Inc (Google  Yahoo  Earnings  Chart) 
SA,Seabridge Gold Inc (Google  Yahoo  Earnings  Chart) 
SIGA,Siga Pharmaceuticals Inc (Google  Yahoo  Earnings  Chart) 
SNCI,Sonic Innovations Inc (Google  Yahoo  Earnings  Chart) 
SUPG,Supergen Inc (Google  Yahoo  Earnings  Chart) 
SVNT,Savient Pharmaceuticals Inc (Google  Yahoo  Earnings  Chart) 
SYNT,Syntel Inc (Google  Yahoo  Earnings  Chart) 
TGX,Theragenics Corp (Google  Yahoo  Earnings  Chart) 
TSL,Trina Solar Ltd. (Google  Yahoo  Earnings  Chart) 
URZ,Uranerz Energy Corp (Google  Yahoo  Earnings  Chart) 


Possible long candidates:

DYAX,Dyax Corporation (Google  Yahoo  Earnings  Chart) 
JADE,Lj Internat Inc (Google  Yahoo  Earnings  Chart) 
SVNT,Savient Pharmaceuticals Inc (Google  Yahoo  Earnings  Chart) 
SYNT,Syntel Inc (Google  Yahoo  Earnings  Chart)