Whats Hot and Whats Not (1/30/06)

Hey folks,


I'm back from school and quickly just scanning thru the market, looking for anything of interest. Some things to note:

MAT is busy finishing a double bottom. I know I recommended this one a while ago, but its safe to say that its all up hill from here. If you like MAT and do not mind parking some money in a stable NYSE, MAT's for you.

Spotting Trendz: Water, Water Everywhere!

Hey folks,

Having a few breaks inbetween my HW time allow me to take a look at different stocks and industries. This is beneficial in that I am able to find industries that are ready to breakout before they actually do. One such industry is the Water Utility industry. Some stocks to look at and possibly buy include:

CWCO
CWT
WTR
YORW
SWWC
AWR
NLC
UU
VE
When I have a chance, I will post some charts and more info. I encourage you to take a look at the stocks and do some reading up on them. I hope this gives some of you some new ideas on your next trade or investment. Later!

Abandoning the Penny Stocks...

Hey ladies and gents...


Hey, I hope you guys are enjoying the market. No complaints over here as I am reaping some rewards from some winners such as ASVI, ACH, GMK, PGWC and a few others. I closed my long position in PLXS for a nice profit and I even shorted it yesterday at 32.20 and I bought to cover today at low 28. I took a look at CHNR but I wasn't interested at jumping in at such a high level.

I do hope that you guys have taken advantage of some of the stock picks that I mention and feature, such as GROW and many more.

Anyways, I have to say my 2 cents on penny stocks. Although I usually mention a few here and there, I am starting to feel that they are not worth it. They are only worth it on 2 instances. If the market is in an overall bear mode, and if you have carefully been watching a penny stock and don't mind the risk. Its up to you. I will no longer cover penny stocks on my site. I will only mention one or two, but only if the circumstance calls for it. Like huge insider buying and incredible news that just cannot be passed up. This is rare, so don't worry. I will concentrate on "regular stocks" as well as AMEX and International stocks as well. P.S. PGWC counts as a good .OB stock. Because of the great technicals, buying, etc.

Up, Up and Away!!!!!!!!!

Hey folks,

I don't know about you, but I'm excited about Plexus (PLXS). I have been bullish on PLXS since it was no more than high 18's to 19. I have highlighted it as a promising stock. This was back in November. Fast forward to the end of January and the stock has entered $30+! I sold my shares today and I have to admit, not too bad! At the moment it is too extended for holding. I also recommend you sell your shares as well and reap the reward of being patient thru all 3 phoney downgrades and other B.S.

Back to School....

Hey folks!

I know, I know! I've been MIA for the last few days since school is in session. Ah yesss, back to school, once again! It seems as if the breaks never last long enough! Oh well! I still have kept my eye on the market and more importantly, on the winners!

Stocks I know and like

ASTE
ASVI
BBC
SEED
GROW
AIX
GNA
JSDA
SIM
PLXS (up big A/H! Beat earnings by 0.5 cents!
MBRX
ACH
CTB/GT
EGY
RDY
TTM
SGG/GTI/HSVLY/RTI/ATI etc..

Getting through this mess....

Today's action is the reason why you gotta be quick. It is also the same reason why I am begining to believe that being an investor is becoming a passing fad, an obsolete notion. Whatever happened to the nimble trader who makes his cash on the trade and sells that sucker to another sucker? Why should I hold on and through this mess. Todays mess really got me thinking. But let it be a learning experience: Unless you don't mind the future punishment, sell your positions as soon as you make a decent profit (don't wait and believe that the next day will be better) and search for stocks that are up on such big negative days (SCHK, CECE, RELV, etc)

Keep your Eyes on the Prize (1.18.06)

Hey folks,

I'm back with a few good stocks that look to be promising in the next few weeks and months...

Check out

KEYS

LCAV

ABER

Stick with the Winners...

On market days such as these (down days), it is important to buy stocks that have dipped. But it is important that you buy a good stock. It doesn't pay to buy and hold onto a laggard. Doing that will only hold you back while other hot stocks that are in the same sector as your laggard are flying past you. Thats not the way to profit. To profit, you have to scan the market and pay attention to stocks that are showing abnormally high strength on such a dull trading day. These are the winners...

Some of todays notables are:

Corning Inc (GLW) at 25.24 and a new 52wk high at 25.33

Aluminum Corp of China (ACH) at 83.00, which is also the 52wk high.

Cooper Tire and Rubber (CTB) at 16.34/16.18

Liveperson Inc (LPSN) at 6.26/6.25 and a new high.

Thomas Group Inc (TGIS) at 9.50/9.46 and a new high.

Per-Se Technology (PSTI) at 26.91 Not a new high, but looking good.

Pegasus Wireless (PGWC.OB) at 14 and a new high.

NeoPharmaceutical Inc (NEOL) at 12.47 (improving)

Gerdau S.A (GGB) at 17.44, it is allowing a nice buying opportunity!

24/7 Real Media Inc (TFSM) at 9.33 is a steal at these prices.

Jones Soda (JSDA) at 5.75 is also a good deal on a hot stock

Jorgensen Earle (JOR) is at 13.22 (up +26.75%) from a buyout deal from RS Aluminum. Remember, I recommended JOR as a hot buy because it was a cheap stock! I hope someone listened!

Stay Focused...

On down days like these, sometimes it can be hard to stay focus. This is why it is important to take profits. But what if you continue to hold onto positions in hopes of achieving more profits in the near term future. In this case, holding thru days like these can be brutal, but you need to stay focused.

You need to assess why you bought the stock in the first place and what are price targets. You should always asign a stop loss price (don't listen to the idiots you don't believe in stop losse triggers) and a sell price. The stop loss trigger price is very important as it can prevent you from losing a huge amount of the green stuff. Often you will hear traders complain about how stop losses are a drag because they cause a trader to stop out on a stock and only to see it rebound soon after. There are a few reasons why this happens. One, it can be that the trader is playing a low float stock. Low float stocks tend to be more volatile than your average stock, so wild price swings, reflecting supply and demand can be expected. With these stocks, sometimes it is better to lower your stop loss or if you have the time, just keep an eye on the stock yourself and make the neccessary adjustments.

Hold on, cuz It's gonna be a Bumpy Ride....

Hey folks,

After a terrific start to the 2006 trading year, the markets are in the midst of a consolidation process. It is very important to add to positions or buy stocks at a discount on days like this. The Dow is still clinging onto support near 10,900. So far so good. Despite the increase in oil futures (blame it on an attack of an oil platform in Nigeria) to $66, my stocks held up well. How about yours? I have to stress the importance of still owning oil stocks. I still have a few that have helped out in times like this. Don't have anymore and want to grabs some good ones?
Try: EGY, KCS, CRZO, GEOI, PYR, CHAR, DNE, UTS.TO and GST (used to be GSREF.PK).

I already took profits on ARD and GMXR which I owned in the high teens/low 20's. I am still holding onto a small position in UTS.TO, GST and CHK for now. I may add some more oil stocks like UPL or SWN or maybe a driller or oil service stock..we'll see how oil holds up.

I am especially proud of how some of my picks are doing, especially SLXA, ACR, ACH, ASVI, GMK, XSNX, PGWC, PSTI, and others.

I have been busy doing lots and lots of research and I believe I have narrowed down some of the best stocks for the upcoming days, weeks and months. I will try to post some picks by the weekend before school starts! Later folks!

Low P/E and Cheap Stocks: Going back into the Bargin Bin..

Hey folks,

Just wanted to introduce you to some low priced and Low P/E stocks with potential. I know there are a lot of garbage stocks out there, so that's why I checked out these stocks and they are okay. Actually they are more than just okay, they are too cheap to pass up!

JOR
GNA
SVL
TLCV

Enjoy!

Taking some profits and making new buys...

Hey folks,

I sold half my position of XSNX for a nice fat profit and I feel good! I have been in XSNX since it was in the high 0.40 cent range. I made a little more than double so I'm fine. I expect the stock to take a dip in the next few days. If the stock still looks good, I may add more. The only thing that makes me uneasy is that it is a penny stock.

I am looking at the Computer Data Storage industry stocks, as they seem to be heating up quite a bit. Names like IVAC, STX, KOMG and WDC should be checked out. I took a small position in IVAC near the end of the trading session. Lets see where it goes from here.

We have lift off!!!!!!!!!!!!

Hey folks,


For those not impressed with yesterdays action, today should have been a breather. Better yet, yesterday should have been strictly a BUYING day, and not a selling day. So what stocks are hot today? Lets take a look.

ACR is up big (over 9%) as it bounced off support. I told you guys that low 25, high 24's would be a buying point. I hope it drops though, so I can add some more!

MBRX has finally entered the $9 range!

SLXA's presentation must have been good, as the stock is in the 11's.

GW continues to be accumulated and is looking really healthy

Also note that it looks like a double bottom is forming for FDG.

QSC is starting to look a little bullish. Be aware that the stock is holding above its 50day MA by a thread and any sudden change in fundamentals will send the stock crashing down. My bet is that the stock will bounce off the 50day MA to near new highs. I believe that the stock was accumulated by insiders for a reason and that we will soon see the reason. I have a nice position in it so I am being patient and watching it very closely.

PGWC has been INSANE the last few weeks. I hope some of you took note of this cheap little stock. Although it trades as an OTC, the voluminous insider buys were to great to be ignored. This is a perfect case of how insider buys can be helpful! See ya at 12+!

Keep an eye on Grey Wolf (GW)

I have kept an eye on GW for the past week and I have noticed increased buying, especially by institutions. Can this be the run up that GW has been waiting for? Time will tell! For now, keep it on your radar and if you want, start an initial position while its under $8

Grey Wolf Inc (GW - AMEX) 3 month chart- Current Price: $7.86


If you look at the bottom right hand corner of the chart, you will see that the increased volume during the last few days has been mostly buys since the money flow indicator is in the positive. This is very bullish for GW, and could be the signal of the breakout that everyone is waiting for. It is about time GW gets a boost.

Why I believe Motorola (MOT) is a good buy...

Hey folks,

I like risk. As a matter of fact, I get a thrill out of playing risky stocks. Because of this, many people think I'm nuts (especially my broker and accountant). Still, I have been lucky on several risky plays. Because of this, I like to cash out and profit and move some money into more "stable" stocks.

One of my favorite stable stocks and one that I believe is undervalued, is Motorola Inc (MOT). Trading at 23.96 with a current P/E of just over 14, MOT is not expensive at all. So whats going on? How come people are not buying it like hot cakes? Why is Motorola's stock moneyflow on the negative side? Who knows, and who cares. From what I see, many investors do not realize the growth potential of MOT. They don't believe it is a growth story any more.

Look at what happened to EBAY, Amazon, WMT, SBUX. Once you and your product have oversaturated its market niche, where do you go from there? Why do you think Hanson Natural (HANS) has done so handsomly? Because its got a catchy name? Yeah right! It's because it has products that consumers want (I don't like them, but others do). It has accelerating sales from its new and innovative products. Thats growth right there. How can companies like WMT and SBUX grow even more when they have about a 1000 or more stores per state? They can't. Unless they establish a reliable and competitive franchise in foreign countries. That's what McDonald's (MCD) is doing overseas in Asian countries. It has started producing a new food palatte for the Asian McD franchises. Ever hear of a McRice burger? Menu items that use this staple food of Asian cultures are selling like hot cakes. This is good for MCD's revenue and growth. This is why MCD's stock is not looking too shabby lately.

McDonald's Corp (MCD - NYSE) 3 month chart- Current Price: $34.79
















So what's MOT catalyst for increased growth and revenue? How about its innovative and stylish and don't forget to mention, HOT Razr phone? Or how about its partnership with AAPL with the ROKR phone? Earnings are to be released January 19, so we will soon see what happens to MOT.

Motorola Inc (MOT - NYSE) 3 month chart- Current Price: $23.86
















I am thinking about buying some. Since it fits into my category of a "sane" stock, I can pour more money into it without having to worry about getting my a$$ handed to me, too much. For now I will do some research since the market closed. I will also analyze MOT and decide if I should buy or not. Later!

Winning Stocks shine despite dull and down days...

Hey folks,

You know, besides getting discounts on hot stocks, the only other thing I like about down days is the ability to spot strong stocks. These are the stocks that despite the negative market movment, continue to shine and help out our portfolios on these crap days.

So what are some stocks that are holding on strong, despite the Dow and NASDAQ being down?

How about
PSTI, AAPL, HWG, ERS, CAT, PLXS, MBRX, UARM, ERES, NSSC, IDSY, RIO, LCAV, CPSI and CCJ...just to name a few. Put these stocks on your radar and do a little research to see why they are up today. Some of the moves may be explained through technical analysis (chart pattern), while other moves may the result of positive changes in fundamental values (such as improved earnings outlook, new products, increased sales, etc).

What's Hot and What's Not (1/11/06)

Hey ladies and gents

Todays market conditions are very similar to yesterdays. The DOW is hovering slightly over 11k, while the NASDAQ is about 3 points higher than yesterday.

Although its basically a quiet, profit taking day, there are still a few winners

GLW continues to move strongly, treading as high as $24.83. I am hoping that we see 25's soon! After that, I'd like to see the stock move to $30. Although it doesn't seem far away, it may be a daunting task for GLW. It will need to have increase earnings, especially with production of LCD screen glass.

ASVI is one of my favorite Construction/Mining Machinary company (after JOYG, of course). It has been heating up lately and I expect it to build up more support in the $28 range. If sales are favorable, ASVI can rocket into the $30 and $40 range without a problem.

PSTI is another stock that I have been recommending. It is acting quite nicely on such a bum day. It has also hit a new intra day and 52wk high.

AAPL continues to impress me as it hits highs all day. The announcement that Intel will supply AAPL's new computers has been music to institutions and investors ears. Also the upgrades didnt hurt either. I believe that AAPL will hit $100 in no time. Just wait for the new sales figures for the Ipod Nano and Video Ipod. Its gonna be bananas!

GOOG continues to defy gravity! I am now starting to feel bad about selling it too soon! Oh well, I had a buying opportunity in the 430/440 area but I didn't take it since my funds have been tied up. Oh well, I will keep an eye on it! The stock has hit a new 52wk high of 475.11. It looks like $500 is just around the corner!

Sticks and Stones...

Despite the down day, there are quite of few stocks out there that are showing exceptional strength. Some stocks that come to mind are:

GLW
UARM
PLXS
LPSN

Analysts, Downgrades and Bull$hit

Hey folks,

You know, I haven't been doing this for a long time. I first started trading and investing in March of '05. Although this classifies me as a newbie trader, it has no negative effect on me as a guy who pays attention to the details. I am talking about the way that Analysts and brokerage firms maliciously manipulate stocks with out-of-the-blue and perfectly timed upgrades and downgrades just for the sole purpose of accumulating and dumping shares. I have noticed this many times and it disgusts me each and every time. Now I will admit, there are a few times when an analyst or brokerage firm issues an accurate and well deserved buy or sell recommendation. But still, these accurate thumbs up or thumbs down, are way too far and between and without a doubt, drowned out by the sea of falsified recommendations fueled by nothing more than their big clients greed and failure to grab a stock early enough.

Need an example? Take a look at UARM.

Or how about PLXS? PLXS has been downgraded 3 times. Yes, 3 times since November, by 3 different Brokerages! And still, despite these downgrades and sell recommendations, the stock has reacted quite well. Its funny how the brokerages were yelling sell and yet buying 6000+ share blocks of the stock. Gimme a break! They are not the ones negatively impacted by these malicious sell comments. Its the unsuspecting, inexperienced investor/trader that becomes the sucker that sells his stock in fear of losing money. Its the average trader/investor that ends up getting the loss, while the institutions snap up his or her shares on a discount! Gee, thanks alot!

The best advice that I can give to new investors or traders, is to pay attention when researching a stock. Take note of earnings, and quarter results. Because some stocks are cyclical, their earnings will vary from quarter to quarter. For instance, if a stock typically has a slow 4th quarter, year after year, then it may be a good idea to sell before the 4th quarter results and buy back later. Now if the stock has had some significant revenue increasing changes or hot new product that can positively affect that usually lack luster quarter, then by all means hold onto it.

All I am saying is, you should be in charge of your own buy/sell recommendations. You shouldn't allow someone else to make or influence your decisions. These analysts are not looking out for your best interests. They are looking for their firms best interests. So do your on R+D and always make an entry/exit plan or strategy for every trade or investment. This can help you stay focused and eliminate some of the emotional stress that can often cripple new investors and traders.

Top Ten under $10...

Going through IBD's "The 10 Highest-Rated Stocks Under $10", I have begun to notice that many of the stocks that they mention, happen to be some of my favorites (By the way, RWC and LPSN, HOM, AOB, and NUAN have been mentioned wayyyy before they appeared there).

Here's the List:

SPIL (Siliconware Precision Industries Ltd)

NUAN (Nuance Communications)

ENG (Englobal Corp)

GEOI (Georesources Inc)

AEY (Advantage Tech Group Inc)

RWC (Relm Wireless Corp)

HOM (Home Solutions of America)

AOB (American Oriental BioEngineering)

DIET (Ediets.com Inc)

LPSN (LivePerson Inc)

My favorite are: SPIL, NUAN, ENG, and LPSN
Disclosure: I am long LPSN
I have traded HOM, AOB, and RWC

Excuse the Absence....

Hey folks,

I know I have been MIA for a bit, but I assure you, its not without reason. On 1/7 my girlfriends father was hospitalized (he is still currently hospitalized as well), so as you can imagine, its been really hectic. So far he is doing great, but the cause of his ailment is still not known. Hopefully after all the testing is complete, we can know what the problem is so that we can prevent a future relapse of whatever the illness is.

To add to the drama, I am still trying to get the faulty parties insurance to assess the damage to my cars and home. So far they are being extremely uncooperative. As a matter of fact, their insurance agent is a complete a$$hole who gets angry with me on the phone. So I am going to complain to his supervisor or manager. That should get him to STFU.

Despite this excess drama, I have been able to glance at the market.

I am very proud of GLW for making a new intra-day high as well as a new 52wk high! Way to go! Can $25 be very far away?

I am disgusted by the 3rd downgrade on PLXS. This is going to far. I know that institutions want cheaper shares, but damn take it easy! It unbelievable that this stock has been able to crush 2 previous downgrades and now, finally get hammered by the 3rd. My hope is that the stock will just dip near the 50day MA and complete the handle and then take off. Time will tell. It all really depends on earnings on Jan. 26

SLXA needs to get its act together as well. Currently the stock is trading near 9.43 and is on the verge of collapsing if it doesn't pull through. I am very dissapointed in SLXA at the moment.

ASVI, another favorite is getting a lot of love from the IBD crowd and it is starting to show, as the stock is climbing to new highs.

I have been able to swing trade ADEP on and off, taking advantage of its wild swings from mid to high 11's to mid and high 12's. ADEP makes it seems easy $$$!

NSSC has picked up some steam. Maybe its not that bad after all!

USAP, SGG, GTI, TIE, ATI and HSVLY are hot!

Heavy Metal Part 2: Specialty Steel and Alloys

Although you may not be familiar with the industry group name, I am sure you are familiar with some of its best performing stars.

This industry group is home to

Titanium Metals Corp (TIE)
*Allegheny Technologies Inc (ATI)
RTI International Metals Inc (RTI)
*SGL Carbon (SGG)
*Graftech International Ltd (GTI)
*Highveld Steel and Vanadium Ltd (HSVLY)
*Universal Stainless and Alloy (USAP)
Memry Corp (MRY)

*good buy at current price

This market is all about the Heavy Metal...

Hey folks,

How are all you doing? Me, I'm a little sick over here, but I'm hanging in there. I got a runny nose that rivals the grand rapids and a sneezing fit that belongs in the Guiness World Book of records. But its all good. I got a ton of Kleenex and a lot of hot stocks that I want to introduce and reintroduce to everyone.
Right now, without a doubt, my focus has shifted from Bio-Tech to Metals completely! Although there are a few bio-techs that I still like and recommend (like CELG, for instance), there is still so much going on in Metal stocks and its too good to ignore.
I will be talking about several categories of stocks (there are quite a few) and they all are important.

For instance, I will talk about Precious Metal mining companies, which will include companies that mine for Gold, Silver, Platinum, Diamonds, and Copper. I will also mention companies that mine for Aluminum, and Iron as well has companies that produce Steel and fabricate it (like BOOM). Finally, I will mention some stocks that distribute these metals and companies that manufacture mining equipment (like JOYG).

Steel Producers:
As a group, the Steel Producers have come a long way. For the most part, this group has been down for the last few months. Up until 3 months ago, the steel producers were great stocks to have a short position in. That has all changed. Currently, the group is one of the top rated, especially Technicals-wise (IBD Industry Groups). So what stocks do I like in this group? Lets take a look.

Arguably one of my favorite, and one that I currently own a small position in, is Gerdau SA ADR (GGB).
GGB has been around for quite some time (over 100yrs) and in my opinion is one of the best steel companies around. GGB closed at 18.19 (highest close ever) which also happens to be its new 52wk high! Nice close! Volume was also up, from an average of 843,000, to 1,201,000! Not bad!

Gerdau SA ADR (GGB - NYSE) 3 month chart- Current Price= $18.19

GGB has hit my first target of $18. I would like to see the stock close above $20 before I can call out a 2nd price target.














Gerdau SA ADR 1 yr chart- Displaying the Cup w/ Handle Formation


Drawing out the outline really helps the Cup with handle formation stand out. The breakout began around high the 13 to low 14 dollar range.











Tenaris SA ADR (TS) is another steel winner. But being the goliath of the steel stocks is not an easy feat for TS. Weighing in at $122.84 really puts a damper on how much one could buy of TS and it is starting to show. The stock has had quite an impressive run-up and is now in consolidation mode as it is trying to finish basing.

Tenaris SA ADR (TS - NYSE) 3 month chart- Current Price= $122.84


The current dip in TS's price should be taken advantage of by smart institutions and investors. If you have the money, buy it. And even if you can't afford 100+ shares, a few shares would be fine as well. Just don't expect it to shoot up in price over night. This is a slow, but steady process that will reward the patient investor with a top rated steel stock that has more room for growth.





Tenaris SA ADR (TS) 1 yr chart

As you can see from the 1 yr chart, TS's dip from its all time high allowed investors and institutions to rack up cheap shares. This is illustrated by the fact that the money flow continued to increase, despite the dip from the 52wk high of $144.90.










IPSCO inc (IPS) is another steel favorite of mine. It has been in rally mode for the last few weeks and looks like it has more room to run. The company is currently at $86.35 and it just hit a new 52wk high of $86.69 today as well.

IPSCO Inc (IPS - NYSE) 3 month chart- Current Price= $86.35

Although I am recommending it as a buy, I do suggest that you let IPS come down a little bit in price before you initiate a position. I only suggest this because IPS is prone to a little consolidation everytime it makes a new 52wk high (as you can see in the chart). Let it dip .50 -1.00 or more, and then go crazy with it. If you don't mind being down a little bit at first, then go right ahead and buy ASAP. Its all good.






IPSCO Inc (IPS) 1 yr chart


Looking at the chart, it seems that IPS broke out of a high handle in late October (around $60) and already has had a run up. Because of that, if you choose to buy IPS, let it come down a little and don't put too much money into it.









Nucor Corporation (NUE), is another steel heavyweight, coming in at $70.45.

Nucor Corporation (NUE - NYSE) 3 month chart- Current Price= $70.45

So far so good with NUE. Volume has picked up on the far right side and stock has reacted favorably to the increased buying.












Nucor Corporation (NUE) 1 year chart


As you can see in the 1 year chart, NUE has just started its breakout out of its base with a high-handle. You can buy at his point, or wait for a small drop, its up to you. My first target for NUE is 76.35.









If you're looking for a big cap steel stock at a discount, I suggest you check out PKX and X

Posco (PKX) is currently trading at 50.87 and is a few dollars off of its 52wk high of 57.65. Judging by the chart, it looks like PKX has bottomed out, and buying interest seems to have picked up as well. I recommend it as a buy at these levels. If you can get it at low 50 or even high 40's, that would be even better.

Posco (PKX - NYSE) 3 month chart- Current Price= $50.87

As you can see, after trading side ways for a few months, PKX is starting to poke through its 50day MA. Judging by the Money Flow, the stock has started looking oversold, so the value investors have stepped in and helped out a bit.










Posco (PKX) 1 yr chart
As you can see, the stock has new support near the 47/48 range, so a buy at 50 is not too risky!













If you're looking for an even better deal than PKX, then I suggest you take a look at United States Steel Corp (X). At 49.84, it doesn't get any cheaper with a steel company with as large of a market cap as X.

United States Steel Corp (X - NYSE) 3 month chart- Current Price= $49.84

X has started to go from oversold to Strong Buy, as institutions have begun grabbing shares after it pierced through its 50day MA.












United States Steel Corp (X) 1 year chart

Its hard to believe that the stock has plunged from over $60, down to $35. That dip is a great reminder of how risky steel stocks are. You are constantly at the mercy of price and demand. Thankfully, rising energy prices and an increase in hurricanes and China's demand, have helped increase steel prices. Take advantage of X's cheap price and buy some soon.







Some other steel stocks that I recommend:

OS
RESC
CHAP
CGA

Take advantage of stock sales

Hey guys,

I hope some of you took advantage of the limited time sale of ADEP this morning. ADEP took a dip below 12, allowing swift traders to rack up a few shares at a discount. Now the stock is back up and in the green.

HGRD, another favorite is offering a nice little sale under $6. I would take advantage of this opportunity and grab some.

On the other hand, NSSC is on the verge of getting the "sell" stamp of approval from me if it doesn't get its act together and show some support.

Oh and by the way, keep the Gold Stocks (GG, GLG, BVN, RGLD, LIHRY, AAUK) on the radar, as they are kicking ass!

Also take note of PLXS which is displaying unusually strong upward momentem on such a crappy day. I hope you guys took notice when I recommended this stock below $20. My thoughts are, based on the chart and improving fundamentals, that PLXS will soon be heading to $25.

If you currently own OXPS, I suggest you hold your position and/or add a little bit, as the stock is almost done completing its handle formation. After that, its all about the breakout.

SYT is performing quite well today, being up over .50 cents

I took advantage of the dip in PGWC and grabbed some shares. So far so good.

LPSN is down today. I am thinking of closing the position if things start to look bad.

I am hoping QSC goes below a $1 so I can grab some more pieces.

NMGC is up a modest amount on this boring day.

2:51 PM (Eastern)
Keep an Eye on GOOG and TIE, as things are begining to heat up and turn around for the better. Also keep an eye on other Specialty Steel and Metal stocks, such as SGG, RTI, ATI, MRY etc.

GGB has made a new intraday and 52wk high ($17.54).
PLXS has made a new intraday and 52wk high ($24.11). PLXS has finally completed its cup/base formation. All thats left is the handle and the take off to new heights!

Points that I'm Pondering...
When will GW (Grey Wolf) ever break out of the $8 range???
When will investors ever realize that SIRI just sucks and is a waste of time???

Hot Stock Picks for 2006...

Hey folks,

Lets just skip the 'hellos' and get right down to business. The question is, now that 2005 is done and out, what stocks should we focus on in 2006? Of course our current winners (for example, MBRX, LPSN, etc.) still apply, but what about some new contenders? Well after an exhaustive time looking around, I found a few stocks that may be worth our time and hard earned money $.

HEII

ITP

IGTE

IINT

SWW

SCHK

SRSL

SLG

SGG

RELV

ONXS

OFLX

NUAN

NOVL

RMIX

TFR

TYL

TWIN

TOD

USAP

STXN

ACCL

ATRM

BEAS

BBL

CGT

GIB

JRJC

FSTR

FNSR

GRB

CADA

NMGC

NIS


Yeah I know its a laundry list of names, but I like them all. I narrowed them down from an even larger list. There are other nice ones as well, but these are my favorites. I do plan to talk about each of the stocks in further detail, but its late in the morning now, so I will reserve that for tommorow and the rest of the week. If you are anxious to play some of the picks tomm, I suggest you check out
TYL
HEII
SCHK
OFLX
NMGC
ACCL
ATRM

Update on the new stock picks for 2006

Hey folks,


The last few days have been busy and hectic, so I have not been able to post very often. Despite the hectic schedule, I have devoted a large portion of my free time to finding so low-priced gems. Some of these stocks are attractive trades/investments because of insider buying (I will post these in the Insider Purchases 2 section), great fundamentals and technical cues or a combination of all 3. I found stocks that are very different (some are even strange). Some names may be familiar, while I am sure, many may not. I want you to keep an open mind on some of these picks, especially the low-float and thinly traded stocks. Anyways, I will be back later tonight to post some of these new and exciting stocks for 2006! Whatever I don't finish, I will continue tommorow! I will definitly tell you which stocks I recommend for tomm and the rest of the week (the immediate trades).