Stick to oil and metals

February 29, 2008

BEXP,Brigham Exploration Co (Google Yahoo Earnings Chart)

Market is experiencing some weakness after multi day good action. But the energy and metal sector continues to attract buyers. That is where the money and opportunity is.

Stocks up 4% or more on higher volume from top 10 sector:

APA,Apache Corp (Google Yahoo Earnings Chart)
BEXP,Brigham Exploration Co (Google Yahoo Earnings Chart)
CCJ,Cameco Corp (Google Yahoo Earnings Chart)
CRZO,Carrizo Oil & Gas Inc (Google Yahoo Earnings Chart)
CXO,Concho Resources Inc (Google Yahoo Earnings Chart)
DAR,Darling International (Google Yahoo Earnings Chart)
DNN,Denison Mines CP (Google Yahoo Earnings Chart)
DVN,Devon Energy Corp (Google Yahoo Earnings Chart)
EGO,El Dorado Gold Corp (Google Yahoo Earnings Chart)
EOG,Eog Resources Inc (Google Yahoo Earnings Chart)
GPOR,Gulfport Energy Corp (Google Yahoo Earnings Chart)
GSS,Golden Star Resources (Google Yahoo Earnings Chart)
GSX,Gasco Energy (Google Yahoo Earnings Chart)
HL,Hecla Mining Co (Google Yahoo Earnings Chart)
IFNY,Infinity Energy Resources Inc (Google Yahoo Earnings Chart)
KOG,Kodiak Oil & Gas Corp (Google Yahoo Earnings Chart)
KRY,Crystallex Internat Corp (Google Yahoo Earnings Chart)
LNN,Lindsay Manufacturing Co (Google Yahoo Earnings Chart)
LXU,Lsb Industries Inc (Google Yahoo Earnings Chart)
NFX,Newfield Exploration (Google Yahoo Earnings Chart)
NG,Novagold Resources Inc (Google Yahoo Earnings Chart)
NSU,Nevsun Resources Ltd (Google Yahoo Earnings Chart)
PCX,Patriot Coal Corp (Google Yahoo Earnings Chart)
RBY,Rubicon Minerals Corporation (Google Yahoo Earnings Chart)
ROSE,Rosetta Resources (Google Yahoo Earnings Chart)
ROY,International Royalty Corporation (Google Yahoo Earnings Chart)
SUTR,Sutor Technology Group (Google Yahoo Earnings Chart)
TCK,Teck Cominco Limited (Google Yahoo Earnings Chart)
TGB,Taseko Mines Ltd (Google Yahoo Earnings Chart)
UEC,Uranium Energy Corp (Google Yahoo Earnings Chart)
XNL,Xethanol Corp (Google Yahoo Earnings Chart)

Market Roundup

February 28, 2008

  • Market breadth has steadily improved over last month
  • Breakout based strategies like Double Trouble and IBD 200 work better in such environment.
  • How long the bullish phase will last is not clear and there was some profit taking today.
  • However as everyone is skeptical of the rally, it might persist longer.
  • Number of new leaders (stocks with high IBD EPS ratings) are breaking out.
  • Most of them have 2-3 month bases or consolidations and you will see number of cup with handle breakouts.
Stocks up 4% or more on higher volume from top 10 sector:


ANO,Anooraq Resources Corp (Google  Yahoo  Earnings  Chart) 
CLR,Continental Resources Inc (Google  Yahoo  Earnings  Chart) 
CPSL,China Precision Steel Inc (Google  Yahoo  Earnings  Chart) 
DESC,Distributed Energy Systems (Google  Yahoo  Earnings  Chart) 
DROOY,DRD Gold Ltd Adr (Google  Yahoo  Earnings  Chart) 
GDP,Goodrich Petrol Corp (Google  Yahoo  Earnings  Chart) 
GGB,Gerdau Sa Ads (Google  Yahoo  Earnings  Chart) 
GSI,General Steel Holdings Inc (Google  Yahoo  Earnings  Chart) 
HMY,Harmony Gold Mining Co (Google  Yahoo  Earnings  Chart) 
IAG,Iamgold Corp (Google  Yahoo  Earnings  Chart) 
IVN,Ivanhoe Mines Ltd (Google  Yahoo  Earnings  Chart) 
KOG,Kodiak Oil & Gas Corp (Google  Yahoo  Earnings  Chart) 
LIHR,Lihir Gold` Limited ADS (Google  Yahoo  Earnings  Chart) 
LMC,Lundin Mining Corp Ord (Google  Yahoo  Earnings  Chart) 
MCEL,Millennium Cell Inc (Google  Yahoo  Earnings  Chart) 
MMG,Metalline Mining Co (Google  Yahoo  Earnings  Chart) 
PAAS,Pan Amer Silver Cp (Google  Yahoo  Earnings  Chart) 
PLM,PolyMet Mining Corp (Google  Yahoo  Earnings  Chart) 
SGY,Stone Energy Corp (Google  Yahoo  Earnings  Chart) 
TGB,Taseko Mines Ltd (Google  Yahoo  Earnings  Chart) 
URRE,Uranium Resources (Google  Yahoo  Earnings  Chart) 
ZINC,Horsehead Hldg Corp. (Google  Yahoo  Earnings  Chart) 

Dan Zanger Interview

February 27, 2008

Paul a blog reader sent me these links

http://video.google.com/videoplay?docid=7710736047622561973&q=dan+zanger

http://video.google.com/videoplay?docid=-8202422563036820659&q=dan+zanger

http://video.google.com/videoplay?docid=2623777107662847866&q=dan+zanger

Pretty interesting.

Top Sector Stocks

February 26, 2008

Market has steadily improved over the course of last 10 days and new leaders and new sectors have started to emerge.

Stocks up 4% or more on higher volume from top 10 sector:
AA,Alcoa Inc (Google  Yahoo  Earnings  Chart) 
AG,Agco Corp (Google  Yahoo  Earnings  Chart) 
AGU,Agrium Inc (Google  Yahoo  Earnings  Chart) 
AKS,Ak Steel Holding Corp (Google  Yahoo  Earnings  Chart) 
ARD,Arena Resources Inc (Google  Yahoo  Earnings  Chart) 
BBG,Bill Barrett Corp (Google  Yahoo  Earnings  Chart) 
BZP,Bpz Resources Inc (Google  Yahoo  Earnings  Chart) 
CF,CF Industries Holdings Inc (Google  Yahoo  Earnings  Chart) 
CNX,Consol Energy Inc (Google  Yahoo  Earnings  Chart) 
COIN,Converted Organics Inc (Google  Yahoo  Earnings  Chart) 
CXG,CNX Gas Corp (Google  Yahoo  Earnings  Chart) 
DNN,Denison Mines CP (Google  Yahoo  Earnings  Chart) 
DPTR,Delta Petroleum Corp (Google  Yahoo  Earnings  Chart) 
EOG,Eog Resources Inc (Google  Yahoo  Earnings  Chart) 
FCL,Foundation Coal Holdings (Google  Yahoo  Earnings  Chart) 
FRG,Fronteer Development Group Inc (Google  Yahoo  Earnings  Chart) 
GRO,Agria Corp (Google  Yahoo  Earnings  Chart) 
GRS,Gammon Lake Resources (Google  Yahoo  Earnings  Chart) 
HERO,Hercules Offshore Inc (Google  Yahoo  Earnings  Chart) 
HK,Petrohawk Energy Corp (Google  Yahoo  Earnings  Chart) 
HP,Helmerich & Payne Inc (Google  Yahoo  Earnings  Chart) 
IVN,Ivanhoe Mines Ltd (Google  Yahoo  Earnings  Chart) 
JRCC,James River Coal Company (Google  Yahoo  Earnings  Chart) 
KWK,Quicksilver Resources (Google  Yahoo  Earnings  Chart) 
LDK,LDK Solar Co Ltd (Google  Yahoo  Earnings  Chart) 
LMC,Lundin Mining Corp Ord (Google  Yahoo  Earnings  Chart) 
LNG,Cheniere Energy Inc (Google  Yahoo  Earnings  Chart) 
MDTL,Medis Technologies Ltd (Google  Yahoo  Earnings  Chart) 
MEE,Massey Energy Company (Google  Yahoo  Earnings  Chart) 
MON,Monsanto Co (Google  Yahoo  Earnings  Chart) 
MOS,Mosaic Company (Google  Yahoo  Earnings  Chart) 
NFX,Newfield Exploration (Google  Yahoo  Earnings  Chart) 
NG,Novagold Resources Inc (Google  Yahoo  Earnings  Chart) 
NGAS,NGAS Resources Inc (Google  Yahoo  Earnings  Chart) 
PAAS,Pan Amer Silver Cp (Google  Yahoo  Earnings  Chart) 
PCX,Patriot Coal Corp (Google  Yahoo  Earnings  Chart) 
PDS,Precision Drilling Corp (Google  Yahoo  Earnings  Chart) 
PKD,Parker Drilling Co (Google  Yahoo  Earnings  Chart) 
PKX,POSCO ADS (Google  Yahoo  Earnings  Chart) 
PLLL,Parallel Petroleum Corp (Google  Yahoo  Earnings  Chart) 
POT,Potash Cp Saskatchewan (Google  Yahoo  Earnings  Chart) 
PTEN,Patterson-Uti Energy Inc (Google  Yahoo  Earnings  Chart) 
REXX,Rex Energy Corp (Google  Yahoo  Earnings  Chart) 
SEED,Origin Agritech Ltd (Google  Yahoo  Earnings  Chart) 
SGY,Stone Energy Corp (Google  Yahoo  Earnings  Chart) 
SUTR,Sutor Technology Group (Google  Yahoo  Earnings  Chart) 
SWN,Southwestern Energy Co (Google  Yahoo  Earnings  Chart) 
TNH,Terra Nitrogen Co L.P. (Google  Yahoo  Earnings  Chart) 
TRA,Terra Industries Inc (Google  Yahoo  Earnings  Chart) 
TS,Tenaris Sa (Google  Yahoo  Earnings  Chart) 
TSL,Trina Solar Ltd. (Google  Yahoo  Earnings  Chart) 
UDRL,Union Drilling Inc (Google  Yahoo  Earnings  Chart) 
WLL,Whiting Petroleum Corporation (Google  Yahoo  Earnings  Chart) 
XCO,EXCO Resources Inc (Google  Yahoo  Earnings  Chart) 
YGE,Yingli Green Energy Hlds Co (Google  Yahoo  Earnings  Chart) 
ZINC,Horsehead Hldg Corp. (Google  Yahoo  Earnings  Chart) 

The worst is behind us

February 25, 2008

Market Monitor: Bearish

* The market continues to be volatile and rallies are still finding it difficult to break out of range.
* However the intense selling pressure phase is over. Market Monitor readings have shown steady improvements.
* Most probably we are putting in a bottom. Market may not immediately start rallying, but most of the weakness is behind us.
* The McClellan Summation Index is also confirming the same.
* The worst is most probably behind us.

Industrial Metals lead

February 22, 2008



Copper, steel, platinum, gold, silver, and industrial metals is where the action is currently concentrated.
Stocks up 4% plus on high volume from top 10 sectors:

ATLS,Atlas America Inc (Google  Yahoo  Earnings  Chart) 
ATN,Atlas Energy Resources Inc (Google  Yahoo  Earnings  Chart) 
CFW,Cano Petroleum Inc (Google  Yahoo  Earnings  Chart) 
DAR,Darling International (Google  Yahoo  Earnings  Chart) 
DNN,Denison Mines CP (Google  Yahoo  Earnings  Chart) 
DROOY,DRD Gold Ltd Adr (Google  Yahoo  Earnings  Chart) 
GMO,Idaho General Mines Inc (Google  Yahoo  Earnings  Chart) 
GRS,Gammon Lake Resources (Google  Yahoo  Earnings  Chart) 
IVAN,Ivanhoe Energy Inc (Google  Yahoo  Earnings  Chart) 
IVN,Ivanhoe Mines Ltd (Google  Yahoo  Earnings  Chart) 
MFN,Minefinders Corp (Google  Yahoo  Earnings  Chart) 
MMG,Metalline Mining Co (Google  Yahoo  Earnings  Chart) 
OZN,Orezone Resources Inc (Google  Yahoo  Earnings  Chart) 
PAL,North American Palladium (Google  Yahoo  Earnings  Chart) 
PLM,PolyMet Mining Corp (Google  Yahoo  Earnings  Chart) 
PQ,Petroquest Energy Inc (Google  Yahoo  Earnings  Chart) 
RBY,Rubicon Minerals Corporation (Google  Yahoo  Earnings  Chart) 
SWC,Stillwater Mining Co (Google  Yahoo  Earnings  Chart) 
TEX,Terex Corp (Google  Yahoo  Earnings  Chart) 
TGB,Taseko Mines Ltd (Google  Yahoo  Earnings  Chart) 
TX,Ternium SA (Google  Yahoo  Earnings  Chart) 
URZ,Uranerz Energy Corp (Google  Yahoo  Earnings  Chart) 

More stocks join the party

February 21, 2008



More and more stocks are finding buy interest in last 9 days. In 6 out of nine days the buying pressure was two times more than selling pressure. There are around 6 times more stocks up 25% in a month compared to stocks down 25% in a month.
The top ten sectors continue to be dominated by metals, agriculture, and energy.

Stocks up 4% or more on higher volume from top 10 sector:

AKS,Ak Steel Holding Corp (Google  Yahoo  Earnings  Chart) 
ANO,Anooraq Resources Corp (Google  Yahoo  Earnings  Chart) 
ANR,Alpha Natural Resources (Google  Yahoo  Earnings  Chart) 
BBG,Bill Barrett Corp (Google  Yahoo  Earnings  Chart) 
BCON,Beacon Power Corp (Google  Yahoo  Earnings  Chart) 
COIN,Converted Organics Inc (Google  Yahoo  Earnings  Chart) 
CRK,Comstock Resources Inc (Google  Yahoo  Earnings  Chart) 
DNR,Denbury Resources Ltd (Google  Yahoo  Earnings  Chart) 
EEE,Evergreen Energy Inc (Google  Yahoo  Earnings  Chart) 
EXK,Endeavour Silver Corp (Google  Yahoo  Earnings  Chart) 
GBN,Great Basin Gold (Google  Yahoo  Earnings  Chart) 
GMO,Idaho General Mines Inc (Google  Yahoo  Earnings  Chart) 
GRS,Gammon Lake Resources (Google  Yahoo  Earnings  Chart) 
MT,Arcelor Mittal (Google  Yahoo  Earnings  Chart) 
OZN,Orezone Resources Inc (Google  Yahoo  Earnings  Chart) 
PLUG,Plug Power Inc (Google  Yahoo  Earnings  Chart) 
PQ,Petroquest Energy Inc (Google  Yahoo  Earnings  Chart) 
QTWW,Quantum Fuel Sys Techworldwide (Google  Yahoo  Earnings  Chart) 
RBY,Rubicon Minerals Corporation (Google  Yahoo  Earnings  Chart) 
RRC,Range Resources Corp (Google  Yahoo  Earnings  Chart) 
SEED,Origin Agritech Ltd (Google  Yahoo  Earnings  Chart) 
SGY,Stone Energy Corp (Google  Yahoo  Earnings  Chart) 
TC,Thompson Creek Metals Company Inc. (Google  Yahoo  Earnings  Chart) 
TCK,Teck Cominco Limited (Google  Yahoo  Earnings  Chart) 
USU,Usec Inc (Google  Yahoo  Earnings  Chart) 
WTI,W & T Offshore (Google  Yahoo  Earnings  Chart) 
XEC,Cimarex Energy Inc (Google  Yahoo  Earnings  Chart) 
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