Sunday, September 13, 2009

Punch Bowl List of Live Longs


US Futures are down 1% tonight (at this writing) and bears are no doubt salivating. The end of the rally is quite possibly, ever so likely, perhaps finally at hand.

What better time than to update some of the punch-bowl longs for aggressive growth.

Don't do what I do, but if we gap lower Monday and the market catches a bid, I'm using this list to fire fresh, weakened dollars for long-side trading. If we fail to catch a bid and blood begins to tint the water, then the list self-destructs and I'm scrambling to further neutralize my position; which right now stands roughly 1.8-to-1 net long, hedged by SKF, SRS and UUP.

Except for several of the Chinese ADR's, which are highly ranked in-and-of-themselves, names from this list hail from industry groups currently ranked in the top 50 (out of 197 industry sub-groups ranked by IBD).

Chinese ADR's (hot till they're not):
FUQI
PWRD
CISG
HMIN
CYOU
BIDU
CFSG
NTES
CTRP
SHI
DGW
LFC

Non-Chinese (all from highly-ranked industry groups):
STEC
SYNT (thin)
CTSH
SWM
TECD
WMS
USTR (thin)
WRC
PCLN
GS
NVEC (very thin)
MRVL
TQNT
CYMI
CREE (only above friday's 2ndary pr. 35.00)
SWKS
PMCS
NETL
MU
ALTR
NVDA
VLTR
CYMI
FORM
VSEA
KLAC
FFG (thin)
GNW
LULU
JOSB
GES
CLW
RKT
ATPG
ROSE
BAK (thin)
IEC (thin)

Noteworthy (live longs not from top-50 group ranking):
EBIX (thin)
JDAS
ININ (thin)
ARST
ULTA
NEU
IAG
HAWK (thin)
SXCI
AAPL
SWI
IMA

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