Classically Trained, for the Revolution

Sunday, January 13, 2008

Live Set-Ups (Long)

Virtually every Medical industry group is live right now (the sector leads the newer breakouts list as well). Ag related industry groups remain very highly ranked (Cow Pie still King) and I found a surprising number of Oil&Gas Exploration names as set-ups in this weekend's work. The Solar group may or may not still need some further consolidation, but it remains one of the highest ranked relative-strength groups (#2 out of 197). The group shows exceptionally powerful earnings growth, exceptional up-to-down volume ratios and exceptionally high percentages of ownership by management (all things you want to see in newer, growth stocks; although one caveat is that secondary-offer announcements become common in newer issues after 90 days or so of a successful stock history, especially when management owns a high percentage of the company - this usually hits the stock hard on the announcement (unfortunate when you are long), but is also a terrific buy-opp on the stronger newer issues (JASO, YGE and FSLR have all had recent, successful secondary offerings; CSIQ, SOLF, STP and AKSN could see such an announcement any time).

Live Set-Ups:

MEDICAL/GENETICS/BIOTECH:
CHTT
CHDX
IVGN
AGN
MR
(management holds 48%)
MCK (eps due 1/25)
IMA
IDRA (thin)
CVH
AET
BNT
GXDX (management holds 62%)
HMSY
PODD
HSIC
QSC (Up/Down vol 2.4 to 1)
VVUS
PRGO
AUXL
SONO
NVO
BMRN (extended at moment; U/D vol 2.0 to 1)
TWTI
SPNC (>15.10; thin)
VAR (between 50-52)
SQNM
MLNM (>15.23)
KNDL
WLP
AMED
ABT (eps due 1/24)

AG/FERTILIZER:
CVI (Management holds 74%)
TRA
TNH
DAR
CNH (>61.37; eps due 1/24)
MOS (U/D vol 1.8 to 1)


SOLAR/ALT-ENERGY:
JASO (management holds 44%)
YGE
(management holds 45%)
STP (management holds 56%)
CSIQ (management holds 51%)
FSLR (>224 only)
AKNS (>11.64; U/D vol 2.0 to 1; Management holds 35%)
SOLF (on pivot higher only; management holds 43%)

OIL GAS PROD/EXPLOR & OIL-SERVICE:
RRC (U/D vol 2.1 to 1)
CXO (eps due; U/D vol 1.8 to 1)
RBN
WLL (U/D vol 1.7 to 1)
WFT
EGN
HK
CRZO (>52)
ME
DRQ
PQ
XTO
ARD
APA
CLR
SII
KWK
FST
COG
NFX
OXY
ATPG
CEO
DNR (>28.30)
DWSN
FTI

PROFESSIONAL SCHOOLS/EDUCATION:
APOL (breakout looks imminent)
APEI (eps due 1/28; management holds 57% U/D vol 2.8 to 1)
LRN (>28.00; eps due 1/28)
DV
CPLA (>69.21)
EDU (eps due 1/15)
STRA

MISC:
CHU
GGB
HDB (eps due)
SLT
DLB
PWRD
FMCN (>56.75)
GMCR
USNA
LMT
VMI
TDY
GU (new issue; eps due 1/28)

1 comment:

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