Mar

24

Observations and Stocks for Tuesday

Teresa Lo @ 5:40 PM | | 1 Comment 

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I won’t elaborate on the irony in the timing of this “special report” by The Economist.

FYI: Part 8 of Build Your Own Investment Portfolio was uploaded yesterday. We also took a look at how one old trader transformed himself into a quant.

Jeff asked about Ed Thorp’s book Beat The Street which was mentioned in a weekend WSJ article. Forget the book: I will upload his important research papers and discuss the Kelly Criterion in tonight’s podcast for subscribers.

CLICK HERE to read Market Strategy and Trading Ideas for Tuesday.

And the Winners Are…

The stock scan conducted after the close on Monday found 51 winners and 21 losers.

The winners are listed in alphabetical order below. Click on the column headers to sort the list. Our scan criteria incorporates price movement, range and liquidity (500,000 shares on the day, 20-day average of 1.5 million).

Ticker Close Change Sell Buy ToSignal
AAPL 139.53 4.64% 120.19   -13.86
AIV 39 2.55% 33.87   -13.14
AMAT 20.91 -0.90% 19.58   -6.36
BJ 36.45 2.41% 31.88   -12.53
BZH 10.57 6.02% 7.59   -28.23
CAT 76.03 2.99% 71.14   -6.44
CEPH 65.2 1.41% 58.4   -10.43
CHB 10.68 11.02% 8.34   -21.94
CHKP 24.16 2.98% 21.87   -9.49
CIEN 31.76 5.14% 26.77   -15.72
CMA 39.46 1.08% 35.31   -10.5
COF 54.35 2.07% 47.03   -13.46
CSX 56.06 2.94% 49.8   -11.17
DDS 18.59 2.17% 15.92   -14.34
FNFG 13.62 -0.87% 12.16   -10.75
GE 37.4 -0.24% 35   -6.43
GIS 59.63 -0.82% 56.97   -4.46
GME 53.99 7.59% 43.63   -19.19
GPS 21.34 -0.84% 19.28   -9.65
HCBK 18.13 -0.87% 16.71   -7.81
HCP 33.11 4.32% 29.12   -12.06
HOT 55.6 6.11% 47.25   -15.02
HRB 21.93 3.98% 19.41   -11.49
ISIL 26.49 4.74% 24.09   -9.04
LINTA 16.88 0.52% 15.46   -8.39
MA 216.5 -1.99% 193.85   -10.46
MCHP 34.13 2.67% 31.57   -7.51
NHP 35.28 1.94% 31.67   -10.23
NNN 22.62 0.40% 20.16   -10.88
NSM 18.97 4.00% 17.08   -9.99
NYB 18.45 -2.79% 17.44   -5.46
O 26.87 -0.15% 23.98   -10.75
ORCL 20.77 3.83% 18.73   -9.84
PG 69.97 0.86% 66.87   -4.42
PLD 61.73 0.88% 56   -9.28
PMCS 5.97 10.00% 4.89   -18.07
PRGO 38.81 2.55% 34.84   -10.23
PSA 94.5 2.73% 82.62   -12.58
PSUN 13.43 4.22% 11.29   -15.94
SHPGY 63.01 0.75% 57.91   -8.09
SMTC 14.93 4.54% 13.38   -10.36
SNV 12.83 -0.08% 11.72   -8.65
SPG 92.83 -2.30% 84.43   -9.05
SVU 28.65 0.41%   29.44 2.75
TER 12.84 4.22% 11.37   -11.43
THC 5.4 3.05% 4.59   -14.99
TQNT 5.26 5.33% 4.59   -12.74
TRID 5.46 4.85%   5.5 0.8
TYC 43.92 1.01% 40.68   -7.37
UDR 25.77 1.02% 23.38   -9.29
WMT 53.63 0.73% 50.85   -5.19

Get your All Access Pass to our research and find out which ones to buy, sell or hold.

Media Digest

  • New York Fed’s Chief Steers Wall Street Into Uncharted Waters
    Remarkably, Geithner (pronounced GITE-ner) has largely succeeded in avoiding the media’s glare despite a resume full of high-stakes work that has already, at age 46, given him a storied career. Although not a household name, he has been a point man on the U.S. response to almost every major financial blowup of the past decade, including the Mexican peso crisis, the Asian financial meltdown, the government’s bailout of Long Term Capital Management, and now the current storm that’s still raging.
  • Ms Watanabe Not Easily Deterred
    [Editor: Believe it or not, there *are* markets in worse shape than the U.S....]
    And why all this fuss then? Well, I think that we have mounting evidence for the ‘demography matters’ thesis yet no one in the high circles has come close to addressing it yet. Quite simply, the demographic transition is not this automated process with a fixed beginning and an end and it is not one which exhibits the same features across countries. I mean, this is where it all shores up. How can we e.g. expect China to simply become the new ‘US’ given the underlying toll of the one-child policy? Ironically (or tragically?) the turning point by which China is forced into this new role may come now at the precise point in time where the effects of its demographic profile are materialising.
  • Gartman ‘Frightened’ by Volatility in Commodity Markets
    Dennis Gartman, an economist and editor of the Gartman Letter, talks with Bloomberg’s Carol Massar from Suffolk, Virginia, about the recent decline among commodities, his investment strategy and the Federal Reserve’s recent interest rate cuts.
  • Wyss of S&P Says U.S. Economy to Bottom By Mid-Year 2008
    David Wyss, chief economist at Standard & Poor’s, talks with Bloomberg’s Matt Miller from New York about the U.S. housing market, his forecast for a further decline in home prices and expectations for the economy.
  • Phelps, Economist, Sees ‘Big’ Rise in U.S. Unemployment
    Edmund Phelps, winner of the 2006 Nobel Prize for economics and a professor at Columbia University, talks with Bloomberg’s Matt Miller in New York about the state of the U.S. economy, Federal Reserve monetary policy and regulatory outlook.
  • Deleveraging Theme
    Deleveraging is the big theme for the next two years, says Hans Goetti, chief investment officer, Asia Pacific at LGT Bank in Liechtenstein, speaking to CNBC’s Lisa Oake.
  • Google’s Android Makes Phones Act Like PCs
    The blogs are agog about Android, Google’s entry into the already-crowded mobile phone market. Google says it’s not developing its own phone, just the platform necessary to run cell phones as if they were PCs. Andrew Rubin, Google’s senior director of mobile platforms and co-creator of Android, talks with Andrea Seabrook.
  • The Nationalists are back in Taiwan
    The predictions were for a much narrower race. Yet Ma Ying-jeou of the Nationalist party, or Kuomintang (KMT), won by a landslide in presidential elections in Taiwan on Saturday March 22nd. Taiwanese turned out in high numbers–about 200,000 alone poured back from mainland China to vote. They gave Mr Ma over 58% of the vote, a 17-point lead over his rival, Frank Hsieh of the Democratic Progressive Party (DPP), and returned to power through the ballot box a party that had once ruled Taiwan by force.
  • Pump action
    Stuck in a traffic jam on the road home after an Easter break, the motorist has time to ponder many things. One may be the pain felt filling up the car for the return journey. Petrol prices have risen as the oil price has increased. But the driver’s pain at the pump differs across countries, dependent in part on the proportion of the cost that is paid in taxes. Turks have the most reason to feel aggrieved, closely followed by the British. Americans still enjoy relatively cheap fuel–they pay far less in tax than drivers elsewhere.

Questions and Comments

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  1. Damian on March 24th, 2008 7:41 PM

    The Economist! Now I’ve gotten the final contrary indicator!