Market Monitor

Market Monitor

April 25, 2007

Market rallied with number of stocks making wild moves. But 4% plus breakout levels did not even cross 200. 4% plus breakdowns were 68. On real push ups the figures tend to extremely lopsided.

The action still continues to be dominated by large caps. Large caps gapping up on earnings is the trend in this season. But large caps do not just gap and go. They simply do not have the potential to make 50% kind of moves in a month unless takeovers are involved.

The small caps are the ones which offer best risk rewards and the Russell Index seems to have stalled, so if the overall move has more upside at some stage small caps should catch fire. Keep a close watch on Russell for clues.

Market Monitor

Total 4% plus bullish breakouts = 186

Total 4% plus bearish breakouts = 68

65 day bullish/bearish ratio = 995/240

Stocks up 50% or more in a month = 6

Stocks up 25% or more in a month = 83

Number of stocks with 100% plus move = 423

Number of stocks up 200% or more = 99

4% plus signals for 100plus universe = 44

4% plus signals for 200plus universe =9

Breakouts

AMZN,Amazon.Com Inc (Google  Yahoo  Earnings  Chart) 
ARRY,Array Biopharma Inc (Google  Yahoo  Earnings  Chart) 
BCSI,Blue Coat Systems Inc (Google  Yahoo  Earnings  Chart) 
BDSI,Biodelivery Sciences Intl Inc (Google  Yahoo  Earnings  Chart) 
BSQR,bSquare Corp (Google  Yahoo  Earnings  Chart) 
BTJ,Bolt Technology Corp (Google  Yahoo  Earnings  Chart) 
BVX,Bovie Medical Systems (Google  Yahoo  Earnings  Chart) 
CHAP,Chaparral Steel Company (Google  Yahoo  Earnings  Chart) 
DXPE,Dxp Enterprises Inc (Google  Yahoo  Earnings  Chart) 
FEIC,Fei Company (Google  Yahoo  Earnings  Chart) 
GRIL,Grill Concepts Inc (Google  Yahoo  Earnings  Chart) 
GTI,Graftech Intl Ltd (Google  Yahoo  Earnings  Chart) 
IDSA,Industrial Svcs Of Amer (Google  Yahoo  Earnings  Chart) 
IGLD,Internet Gold-Golden (Google  Yahoo  Earnings  Chart) 
IOC,Interoil Corporation (Google  Yahoo  Earnings  Chart) 
JAS,Jo-ann Stores Inc (Google  Yahoo  Earnings  Chart) 
LBY,Libbey Inc (Google  Yahoo  Earnings  Chart) 
LEA,Lear Corp (Google  Yahoo  Earnings  Chart) 
LNET,Lodgenet Entertainment (Google  Yahoo  Earnings  Chart) 
LQDT,Liquidity Services (Google  Yahoo  Earnings  Chart) 
MCF,Contango Oil & Gas (Google  Yahoo  Earnings  Chart) 
MEH,Midwest Express Holding (Google  Yahoo  Earnings  Chart) 
METH,Methode Electronics Cl A (Google  Yahoo  Earnings  Chart) 
NXST,Nexstar Broadcasting Group (Google  Yahoo  Earnings  Chart) 
OMCL,Omnicell Inc (Google  Yahoo  Earnings  Chart) 
PARD,Poniard Pharmaceuticals (Google  Yahoo  Earnings  Chart) 
PERY,Perry Ellis Int'l (Google  Yahoo  Earnings  Chart) 
ROCM,Rochester Medical Corp (Google  Yahoo  Earnings  Chart) 
RVBD,Riverbed Technologies Inc (Google  Yahoo  Earnings  Chart) 
SGG,Sgl Carbon Aktiengesells (Google  Yahoo  Earnings  Chart) 
SUF,SulphCo Inc (Google  Yahoo  Earnings  Chart) 
TSO,Tesoro Corp (Google  Yahoo  Earnings  Chart) 
TVL,Lin Tv Corp (Google  Yahoo  Earnings  Chart) 
VHI,Valhi Inc (Google  Yahoo  Earnings  Chart) 
VLCM,Volcom Inc (Google  Yahoo  Earnings  Chart) 
VOLV,Ab Volvo Adr (Google  Yahoo  Earnings  Chart) 
VYYO,Vyyo Incorporated (Google  Yahoo  Earnings  Chart) 
WNR,Western Refining Inc (Google  Yahoo  Earnings  Chart) 
XNPT,XenoPort Inc (Google  Yahoo  Earnings  Chart)