Sunday, February 21, 2010

Front Pocket List of Eligible Longs

Click to enlarge^^

While the market hasn't been exactly stellar lately (tepid volume on rally days and a clear dearth so far of important bellwether breakouts), it has been rising in the face of a rising Dollar, while commodities prices have been firm, and sentiment readings have improved notably.

Don't do what I do, since I'm hopefully undoing anything before my own undoing - but from the current, highest ranking industry groups (above) I'm highlighting (IMO) the better technical+fundamental eligible names, for use if the market continues improving.

Here is my updated list of go-to longs in the event we improve from here...

Elec-Contract Mfg:
SANM (extended)
JBL
CLS
PLXS
BHE (thin)

Airlines:
UAUA
CAL
DAL
GOL
LCC

Comml Svcs-Printing:
VPRT
CGX (thin, extended)

Machinery-Mtl Hdlg/Autmn:
HOLI (Chinese, very thin)
SSYS (thin)

Internet-ISP:
INAP (poor-ish fundamentals)
(everything else here too thin and/or other problems)

Oil&Gas-US Expl Prod:
MMR
XEC
NFX
CXO
PETD (thin)
APC
KWK
CRZO
APA
ATLS

Steel-Specialty Alloys:
TIE (reports Monday 21st)
ATI
CRS

Medical- Generic Drugs:
HITK
HSP
PRX
TEVA
WPI

Oil&Gas-Refining/Mkt:
IOC
WPZ
ANW
HOC

Retail-Restaurants:
SBUX
CAKE
CMG
PNRA
PFCB
BJRI

Cosmetics/Personal Care:
EL (extended)
NUS
REV (thin)

Medical-Systems/Equip:
SIRO
ISRG (high PEG)
MR (Chinese)
GIVN (very thin)
KCI

Apparel-Shoes & Rel Mfg:
SHOO (thin)
DECK (the someday-short still acting well)

Retail-Misc:
ULTA
JAS
SBH

Machinery-Constr/Mining:
BUCY
JOYG
MTW

Oil&Gas-Transport/Pipe:
EPB
WMZ (very thin)
PVR (very thin)


Oil&Gas-Machinery/Equip:
DRQ
CAM
NOV
LUFK (very thin)
BHI
FTI
DRC
CRR (thin)

Additionally, the Semi-Mfg and Computer-Network groups (ranked #25 and #31 respectively) have risen rapidly of late...

Elec-Semiconductor Mfg:
NETL
ATHR
ISSI (thin, extended)
VLTR
SNDK

Computer-Networking:
NTGR
RVBD

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