Spotlight on Solars...

Some of us really wished that the trading day would last just a little big longer today.     Some of us really wished that we would repeat the same day tomorrow.   Some of us really wished that we could've started the day over so we could've better prepared for today's action.   In any case, today's undeniably a great day for the all who have been following today's winners here.   It just felt like payday, a culmination to a few highlighted DJIM stocks.     We definitely agree today was spectacular and did what we could to preserve the outcome.    Here are some of the plays today...

TSL, solar stocks stole the show today and we think this one is by far the best deal momentum wise.   Today's rise may not truly justify its presence since the break out started essentially 23 pts ago.    The question now is how high this one will go and we'll just have to monitor this one closely and with some care.

JASO, the only regret we had on this one is that maybe we should've played it aggressively and from the get go last Thursday.   But that's in the past and we just have to look at what's in store for tomorrow.   This one had a pretty big 3 day run-up which we think is not sustainable and a pullback could be imminent.   The only saving grace is that if the whole group gets some crazy momentum again, then the pullback may not come right away.  If a stock doesn't get a pullback, all you could do is go with the momentum, especially if a whole sector is running as was the case early and often today.

FSLR, in terms of percentage, this one lagged behind the others.  Funny to say when a stock finishes 6% up.  Nonetheless, this one pulled a NCH(new closing high) and we are expecting some follow through for tomorrow.

SOLF, lastly, put this one on the list too even though this is nothing more than a sympathy play. Glad to see this one pop for a few of our readers who have kept up on it.

JSDA, we were actually a little worried about this one's action today as it seemed a little climatic, or toppy as some would call it.   We are not saying that this one is done by a long shot, merely suggesting that a pullback is desperately needed.   We think that odds favours a pullback here so we let go most of our shares.    This one is heavily shorted so we think any pullback will be violent but short lived.  Of course, we are using the chart to determine the outcome as it rolls along.

URZ UXG, we took some off the table but added some URZ later on today.  Many are trying to call a top to this Uranium bubble.  We'll keep blowing air into for now.

SILC, we added some today to our buy in late last week. A NCH here

A few more to keep on top your play/watch list tomorrow...

EML, we put this back on watch a weekend ago because of the potential DOD contracts in '07 going to Armor Holdings.  Today, it closed with a NCH and got a little volume.

CYNO, pulled off a NCH, lets see if it holds here before adding.

RCCC FCSX, both of these we added to our watchlist today and are eyeing for a pullback for an entry.   These are earning plays that have had a great reaction.  With the big winners the past few days, a few earning stocks haven't got the attention from us that they deserved.

DJIM #21 2007

Sitting Bull wasn't basking in his laurels, recent victories come Friday. Instead, he and has band of M&A and buy back share brothers decided to charge signaling yet more accumulation. Once again the army of bears didn't have the muster to do anything to curtail this frenzy buying.  So we march forward and with every stoppage in play, we continue to expect the ways of the Bull to keep us going with MSFT-AQNT type hoopla creeping into the market. So that's the big world, what's happened in our little world, niche. Well, what can be better than having 3 closely followed DJIM make it to IBD this weekend. Not to shabby to have three (NGA-TBSI-GTI), be the top three new inclusions at # 5,9,26.  Hey even Curlin our sentimental Derby pick, stuck it's nose out with a flurry in the Preakness this weekend.  So..all good seemingly as we head into the week after what appeared as distribution earlier in the week. Still the NASD and small cap indices finished lower on the week and this is the ho-hum in the market that continues to concern us.  Maybe this time these market players play catch up this upcoming week. A hunch is they do.  Also, keep the big oils up as we head into Memorial day. Stocks like OXY, SLB, UPL should do better than the small cap names in this sector because bigger caps have been the leaders. If there is big money wanting to play this sector, it should go to stocks like these. On the charts, these look great and when called for, we like to trade these names.

KHDH, was a new buy in for us. The co's earnings for the most recent Q came out early last week and are up in the Alert section. We've had our eye on it for awhile and this earning as seen by its 2 days with 100k+ volume it got noticed.  We 'll look to add on dips or further strength. This trades in a fashion similiar to a CPY type and so it is possible to do both.  IBD composite rating is at 97.  This might suit the investor who has picked up our May buy in plays like RCCC, NTLS, CUB, SPAN, AFAM.  A few companies that don't get the recognition here on a daily basis because they are just nice and steady plays that you can't say much about on a daily basis.  Speaking of...lets give some of our secondary plays spotlight for a change. They are not secondary for those that can't watch like a hawk the faster plays day in day out from DJIM. These holders are doing just as fine this month without the diet of Pepto.

RCCC, touched on 29.70 from the May 4th buy in at 26.50ish levels(12%). Trades nicely a $1 above the 9ema for the last few weeks. Not much you can say about it steadiness, except watch the 9ema as a guide.

NTLS, also an early may pick up in the higher 22's as another wireless play a la RCCC.  Just like RCCC this EPS play closed with a NCH at 24.4 and is gliding on air just above the 9ema. A possible 8% is nothing to sneeze at in a couple of weeks.

CUB, a buy-in low 22's off earning popped to a $24.30 close Friday. Just another 10% play so far. As much as we like to play the NGA's,IDSA's, there is nothing like patting an account with consistent steady 10% plays.

AFAM has bounced from 20's to 24 since our premkt earnings note May 8th. 7 bucks off highs is only 3 now.

FWLT CROX MA LXU GTI TBSI SPAN SPAR IDSA MR MTOX, other prominent May DJIM plays that we are trading at different times depending on set ups and market conditions.  As far as TRT, FWLT has definitely been the play as its stands 20% above that premkt intro.  Meanwhile, TRT nests back to 9-14ema and at 19 is below 19.50 premkt initial price off EPS. Quite a few of you did not like our stance on TRT after its earning. After our full write up last week it declined 15%,-5 straight down days, we hope you had a change of heart if we saved you a buck or two. Is it going to bounce or is going to fill some of the gap?

NGA, okay... so this followed the script since we first alerted/ bought into at $10, April 30th. The stock traded to high 15's all last week and the suspense was over for us at that point.  The only suspense came back in the last 15 minutes or so Friday, actually it wasn't suspense but a 'you better get there' plea. The inevitable finally happened and now we see if this was only a IBD inclusion play or not?  In other words, will this have the kick to get to the 20's split time. We'll see if the 100k+ comical push in the last 3 minutes will be a forward to a dump-eroo in the morning now that it made it on. Of course, we hope it finishes with a new closing high and continues to be in play.  Consider the flight of IDSA, SPEC recent additions to IBD100.  The following highs on Monday have not been reached again.  We were not warning on Friday, we are only throwing caution to the wind after a possible 50%+ run here.  We see no reason to blow 'any' of the profits generated in the month off NGA and have walked away with plenty in the high 15's already.  It makes little difference to us that we are at those same prices Friday AH's.  We'd be no better off yet if we hadn't sold off most earlier.  Still we have some and most likely will sell into any morning strength and then re-position if further strength is shown during the day or days ahead.

DJIM #25 2007

This is definitely a helluva of a start to the summer. The recent scare of back to back to back days of declines leading to last weeks broad rally is volatility at it's best and every traders dream.  It was just on the 14th (3rd day of declines), we said lets all take a chill pill and not act hastily with our books and wait to see who/what puts the bears into the woodshed.  Seemingly, everyday since there has been something to reignite the Bull and his herd.  Friday was the crowning as tepid inflation numbers brought back hopes of better growth to go with it.  If you had the QQQQ on level2 as the CPI came out, you'd think you won the lottery before the open.  An important ingredient to last weeks rally was being prepared.  The only way to do that is having stocks in tow or watch listed to recycle into that were strong to begin with. We think we were definitely ready here at DJIM by having 'strong stocks' as the market finished its tumble.  In DJIM #24, "Even after the tumultuous week there are more than a few DJIM's still trading near highs or making them. These are the stocks we are concentrating on. The partial theme here is to always play strong stocks!. Common sense says a stock that survived last week and finished near highs is a strong stock...".

Included in this list were :         KMGB    LXU    TNH     CUB    RCCC   LPHI     GHM    MA     FWLT 

1 week % performances          21.46    8.16   19.15   4.37  19.73    25.72  10.28   9.80   5.49

Simply all you needed was a healthy dose of DJIM stocks to recycle if need be.  It is so much easier when you have the right watch list without having to seek out what is hot in a fast and furious market. This allows you time to concentrate on trading and getting in early if you were not there already.  Saves time and money.

Beyond the above DJIM stocks that we will continue to stalk, we also had a few names..old and new come to forefront last week...

One of our all time DJIM favorites, MFW was picked up on the hunch they will do something with their cash, well more of a hunch the hedgies will feel that way.

KHDH was one we didn't get much out of recently but oh boy did it show its magic for the last 3 days since alerted $58.5`s. A fast 5 points-8% to the high of Friday.

AIRT, was introduced Thursday $9.60`s area and almost hit $11 at the open the next day before digesting its previous days gap and big percentage day.

SDTH, we just couldn't buy and type fast enough it seems. We started buying the low 5`s and by the time we got the alert out it was 5.30 and then exploded to 6.25 in the next 15 minutes. We said what we saw as angle to this play and soon enough it seems Briefing saw it the same way. Fertilizer and China with earnings.   See their write up posted in Forum by a member. 

AHD MFLO VSNT pretty well round out the play list.

..most importantly today...A Happy Father's Day to our friends here!

Hump day..

Unfortunately, there isn't much to get over on hump day Wednesday following these last two days, which might be a good thing!. Considering the market has done little but trade in a tight range following the gap up, this lull might be more positive than anything else.  Still this market is driven now by the slightest news, so what might look positive can change in a flash.  Tomorrow is an important transport  FDX earning that might move things one way or another.  In the meantime, we'll continue to look at for the next new mover or the next move in an already played DJIM stock as in a couple today...

CMED, this one can catch the momo as seen this morning and this possibility is one reason we entered yesterday..playing off its history. Now that the stock has come down from its lofty heights following its IPO date in 2005, it might be ready for another leg up off its latest earning. Today's early morning spike to 32.98 might be due to a brokerage call on it and there might be more to follow. By adding another product line recently, it's growth is likely to keep ticking. As we said in our initial alert, its trading can be erratic. The good thing about that is it provides new buying opportunities.

AIRT, the good part of a slow moving market is it gives you time to lurk around some plays in more detail. Today we spotted a potential 'nibble' to be at around $10.50 that materialized into a move over $11. As other recent plays that are comparable to AIRT dry out,  we might get more traders coming to this fresh play. Today's chart might catch an eye or two as well now.

RCCC, last night we touched on RCCC as a potential trade to watch today. If you had it close on hand, maybe you were able to get something out of the nearly 4pt rebound.  When a stock climbs like RCCC from say $15 to over $40 in a few months sooner than later you get a biggie breakdown. They are inevitable and the same probably is the case for KMGB late in the day...

KMGB, and on the 15th of trading day following earnings it fell through the chimney and stomped its butt on the 9ema!. There was nothing we could see for the drop other the inevitable drop after 15 or so days of solid gains, especially for a low float winner.  We dont consider this play over at all and took this as an opportunity to get some back.  It might fall more tomorrow even if there is nothing of news substance, but like RCCC did today...we expect this to move back up.  We'll most likely start building up a position back up as the dust settles or see buying come in.  This sector is not going to fade off into the distance, today it was the #1 performer for most of the day and it will be again and again. We'd be more careful with TNH now.

CUB, continues on and today it was an extension of a big contract. Now nearly 50% since we alerted, we can say it has been recognized as a defense play as we noted it would sooner than later.

SDTH, it just feels its not far away from another leg up. With China cheapies getting play today, don't be surprised if it swings to here if the mania continues into tomorrow.

Also TBSI is back as one to possibly move into as it made a NCH today. ESEA is around as well.

Almost identical...

The index action today is... you guessed it.. almost identical as yesterday's.    The only difference is that today's point range is not nearly as dramatic as yesterday's.    Individual action, however, is not as bad today compared to yesterday.   As you can tell, this is somewhat comical that we are actually analyzing and comparing daily movement.    Such is summer trading, unfortunately.    If we really want to sit inside an air conditioned room on a hot day like today, we just couldn't help but trying to digest every little bit of volatility.    Is the earning season almost here yet? lol

Lets take a look at some of the strong plays out there in what is otherwise a very shaky, on the edge of its seat market....

TNH, some of us may actually get tired of even looking at this one on a daily basis.  The truth is, it's up 45% since our latest alert of around $90 about 3 weeks ago and it's just been a monster ever since it broke $100.   Folks, forget about those cheapies that may get you a "sizable" position.   Park a few hundred shares in this one and you'd be all set for this summer.    Ok, it isn't that simple but we do want to stress that this is the kind of play we favour the most.    So eventually this one will get sold off so we are keeping our stops very tight.   

LPHI, ok, so we don't have any clue why it's doing what it's doing ever since the earning report.   We liked this one a lot back when it reported a few weeks ago but nothing stuns us more than the latest action this one is getting, irrespective of market environment that is.   Now for a stock to pull a double from $20 range in as little as a month, is just something we have to give our highest respect for.   Even though this one has been on our play list for a while, we do feel that we haven't given it enough attention/time to fully taking advantage of its performance.   So what is our game plan now then?   The higher it goes without a pullback, the more cautious we get on any slight downtick.   In fact, it does feel that a strong pullback is imminent.   So if you are still in this one from day one, make sure you monitor this one very very closely.

RCCC, one of our favourite plays the past few months, came back and got a nch today.  This one, unlike LPHI above, has had its share of consolidation last little while and we are just not as cautious when chasing this one.    For what it's worth, we think there's potentially some more upside on this one.

TBSI, those darn shippers just can't all move together.   No matter, the idea of playing sector is always go after the top performer.  In this case, we feel this one is the best performer in that sector, much like TNH and FSLR in their respective sector.    This one made a new high and we followed through with some shares.

HOKU, some of our readers have brought this one up and we just want to say that when looking at a play like this one, it is crucial to understand the players behind the action.   This one has traded twice its float two days in a row and there's no doubt this belongs to the day trading crowd, for the most part.   If you really want to try this one, make sure you keep your eyes on the 5 min. chart and as well as the volume, and hope somebody else buys it higher from you.