Articles from Feb 2008

Stick to oil and metals

BEXP,Brigham Exploration Co (Google Yahoo Earnings Chart)

Market is experiencing some weakness after multi day good action. But the energy and metal sector continues to attract buyers. That is where the money and opportunity is.

Stocks up 4% or more on higher volume from top 10 sector:

APA,Apache Corp (Google Yahoo Earnings Chart)
BEXP,Brigham Exploration Co (Google Yahoo Earnings Chart)
CCJ,Cameco Corp (Google Yahoo Earnings Chart)
CRZO,Carrizo Oil & Gas Inc (Google Yahoo Earnings Chart)
CXO,Concho Resources Inc (Google Yahoo Earnings Chart)
DAR,Darling International (Google Yahoo Earnings Chart)
DNN,Denison Mines CP (Google Yahoo Earnings Chart)
DVN,Devon Energy Corp (Google Yahoo Earnings Chart)
EGO,El Dorado Gold Corp (Google Yahoo Earnings Chart)
EOG,Eog Resources Inc (Google Yahoo Earnings Chart)
GPOR,Gulfport Energy Corp (Google Yahoo Earnings Chart)
GSS,Golden Star Resources (Google Yahoo Earnings Chart)
GSX,Gasco Energy (Google Yahoo Earnings Chart)
HL,Hecla Mining Co (Google Yahoo Earnings Chart)
IFNY,Infinity Energy Resources Inc (Google Yahoo Earnings Chart)
KOG,Kodiak Oil & Gas Corp (Google Yahoo Earnings Chart)
KRY,Crystallex Internat Corp (Google Yahoo Earnings Chart)
LNN,Lindsay Manufacturing Co (Google Yahoo Earnings Chart)
LXU,Lsb Industries Inc (Google Yahoo Earnings Chart)
NFX,Newfield Exploration (Google Yahoo Earnings Chart)
NG,Novagold Resources Inc (Google Yahoo Earnings Chart)
NSU,Nevsun Resources Ltd (Google Yahoo Earnings Chart)
PCX,Patriot Coal Corp (Google Yahoo Earnings Chart)
RBY,Rubicon Minerals Corporation (Google Yahoo Earnings Chart)
ROSE,Rosetta Resources (Google Yahoo Earnings Chart)
ROY,International Royalty Corporation (Google Yahoo Earnings Chart)
SUTR,Sutor Technology Group (Google Yahoo Earnings Chart)
TCK,Teck Cominco Limited (Google Yahoo Earnings Chart)
TGB,Taseko Mines Ltd (Google Yahoo Earnings Chart)
UEC,Uranium Energy Corp (Google Yahoo Earnings Chart)
XNL,Xethanol Corp (Google Yahoo Earnings Chart)

Market Roundup

  • Market breadth has steadily improved over last month
  • Breakout based strategies like Double Trouble and IBD 200 work better in such environment.
  • How long the bullish phase will last is not clear and there was some profit taking today.
  • However as everyone is skeptical of the rally, it might persist longer.
  • Number of new leaders (stocks with high IBD EPS ratings) are breaking out.
  • Most of them have 2-3 month bases or consolidations and you will see number of cup with handle breakouts.
Stocks up 4% or more on higher volume from top 10 sector:


ANO,Anooraq Resources Corp (Google  Yahoo  Earnings  Chart
CLR,Continental Resources Inc (Google  Yahoo  Earnings  Chart
CPSL,China Precision Steel Inc (Google  Yahoo  Earnings  Chart
DESC,Distributed Energy Systems (Google  Yahoo  Earnings  Chart
DROOY,DRD Gold Ltd Adr (Google  Yahoo  Earnings  Chart
GDP,Goodrich Petrol Corp (Google  Yahoo  Earnings  Chart
GGB,Gerdau Sa Ads (Google  Yahoo  Earnings  Chart
GSI,General Steel Holdings Inc (Google  Yahoo  Earnings  Chart
HMY,Harmony Gold Mining Co (Google  Yahoo  Earnings  Chart
IAG,Iamgold Corp (Google  Yahoo  Earnings  Chart
IVN,Ivanhoe Mines Ltd (Google  Yahoo  Earnings  Chart
KOG,Kodiak Oil & Gas Corp (Google  Yahoo  Earnings  Chart
LIHR,Lihir Gold` Limited ADS (Google  Yahoo  Earnings  Chart
LMC,Lundin Mining Corp Ord (Google  Yahoo  Earnings  Chart
MCEL,Millennium Cell Inc (Google  Yahoo  Earnings  Chart
MMG,Metalline Mining Co (Google  Yahoo  Earnings  Chart
PAAS,Pan Amer Silver Cp (Google  Yahoo  Earnings  Chart
PLM,PolyMet Mining Corp (Google  Yahoo  Earnings  Chart
SGY,Stone Energy Corp (Google  Yahoo  Earnings  Chart
TGB,Taseko Mines Ltd (Google  Yahoo  Earnings  Chart
URRE,Uranium Resources (Google  Yahoo  Earnings  Chart
ZINC,Horsehead Hldg Corp. (Google  Yahoo  Earnings  Chart

Top Sector Stocks

Market has steadily improved over the course of last 10 days and new leaders and new sectors have started to emerge.

Stocks up 4% or more on higher volume from top 10 sector:
AA,Alcoa Inc (Google  Yahoo  Earnings  Chart
AG,Agco Corp (Google  Yahoo  Earnings  Chart
AGU,Agrium Inc (Google  Yahoo  Earnings  Chart
AKS,Ak Steel Holding Corp (Google  Yahoo  Earnings  Chart
ARD,Arena Resources Inc (Google  Yahoo  Earnings  Chart
BBG,Bill Barrett Corp (Google  Yahoo  Earnings  Chart
BZP,Bpz Resources Inc (Google  Yahoo  Earnings  Chart
CF,CF Industries Holdings Inc (Google  Yahoo  Earnings  Chart
CNX,Consol Energy Inc (Google  Yahoo  Earnings  Chart
COIN,Converted Organics Inc (Google  Yahoo  Earnings  Chart
CXG,CNX Gas Corp (Google  Yahoo  Earnings  Chart
DNN,Denison Mines CP (Google  Yahoo  Earnings  Chart
DPTR,Delta Petroleum Corp (Google  Yahoo  Earnings  Chart
EOG,Eog Resources Inc (Google  Yahoo  Earnings  Chart
FCL,Foundation Coal Holdings (Google  Yahoo  Earnings  Chart
FRG,Fronteer Development Group Inc (Google  Yahoo  Earnings  Chart
GRO,Agria Corp (Google  Yahoo  Earnings  Chart
GRS,Gammon Lake Resources (Google  Yahoo  Earnings  Chart
HERO,Hercules Offshore Inc (Google  Yahoo  Earnings  Chart
HK,Petrohawk Energy Corp (Google  Yahoo  Earnings  Chart
HP,Helmerich & Payne Inc (Google  Yahoo  Earnings  Chart
IVN,Ivanhoe Mines Ltd (Google  Yahoo  Earnings  Chart
JRCC,James River Coal Company (Google  Yahoo  Earnings  Chart
KWK,Quicksilver Resources (Google  Yahoo  Earnings  Chart
LDK,LDK Solar Co Ltd (Google  Yahoo  Earnings  Chart
LMC,Lundin Mining Corp Ord (Google  Yahoo  Earnings  Chart
LNG,Cheniere Energy Inc (Google  Yahoo  Earnings  Chart
MDTL,Medis Technologies Ltd (Google  Yahoo  Earnings  Chart
MEE,Massey Energy Company (Google  Yahoo  Earnings  Chart
MON,Monsanto Co (Google  Yahoo  Earnings  Chart
MOS,Mosaic Company (Google  Yahoo  Earnings  Chart
NFX,Newfield Exploration (Google  Yahoo  Earnings  Chart
NG,Novagold Resources Inc (Google  Yahoo  Earnings  Chart
NGAS,NGAS Resources Inc (Google  Yahoo  Earnings  Chart
PAAS,Pan Amer Silver Cp (Google  Yahoo  Earnings  Chart
PCX,Patriot Coal Corp (Google  Yahoo  Earnings  Chart
PDS,Precision Drilling Corp (Google  Yahoo  Earnings  Chart
PKD,Parker Drilling Co (Google  Yahoo  Earnings  Chart
PKX,POSCO ADS (Google  Yahoo  Earnings  Chart
PLLL,Parallel Petroleum Corp (Google  Yahoo  Earnings  Chart
POT,Potash Cp Saskatchewan (Google  Yahoo  Earnings  Chart
PTEN,Patterson-Uti Energy Inc (Google  Yahoo  Earnings  Chart
REXX,Rex Energy Corp (Google  Yahoo  Earnings  Chart
SEED,Origin Agritech Ltd (Google  Yahoo  Earnings  Chart
SGY,Stone Energy Corp (Google  Yahoo  Earnings  Chart
SUTR,Sutor Technology Group (Google  Yahoo  Earnings  Chart
SWN,Southwestern Energy Co (Google  Yahoo  Earnings  Chart
TNH,Terra Nitrogen Co L.P. (Google  Yahoo  Earnings  Chart
TRA,Terra Industries Inc (Google  Yahoo  Earnings  Chart
TS,Tenaris Sa (Google  Yahoo  Earnings  Chart
TSL,Trina Solar Ltd. (Google  Yahoo  Earnings  Chart
UDRL,Union Drilling Inc (Google  Yahoo  Earnings  Chart
WLL,Whiting Petroleum Corporation (Google  Yahoo  Earnings  Chart
XCO,EXCO Resources Inc (Google  Yahoo  Earnings  Chart
YGE,Yingli Green Energy Hlds Co (Google  Yahoo  Earnings  Chart
ZINC,Horsehead Hldg Corp. (Google  Yahoo  Earnings  Chart

The worst is behind us

Market Monitor: Bearish

* The market continues to be volatile and rallies are still finding it difficult to break out of range.
* However the intense selling pressure phase is over. Market Monitor readings have shown steady improvements.
* Most probably we are putting in a bottom. Market may not immediately start rallying, but most of the weakness is behind us.
* The McClellan Summation Index is also confirming the same.
* The worst is most probably behind us.

Industrial Metals lead



Copper, steel, platinum, gold, silver, and industrial metals is where the action is currently concentrated.
Stocks up 4% plus on high volume from top 10 sectors:

ATLS,Atlas America Inc (Google  Yahoo  Earnings  Chart
ATN,Atlas Energy Resources Inc (Google  Yahoo  Earnings  Chart
CFW,Cano Petroleum Inc (Google  Yahoo  Earnings  Chart
DAR,Darling International (Google  Yahoo  Earnings  Chart
DNN,Denison Mines CP (Google  Yahoo  Earnings  Chart
DROOY,DRD Gold Ltd Adr (Google  Yahoo  Earnings  Chart
GMO,Idaho General Mines Inc (Google  Yahoo  Earnings  Chart
GRS,Gammon Lake Resources (Google  Yahoo  Earnings  Chart
IVAN,Ivanhoe Energy Inc (Google  Yahoo  Earnings  Chart
IVN,Ivanhoe Mines Ltd (Google  Yahoo  Earnings  Chart
MFN,Minefinders Corp (Google  Yahoo  Earnings  Chart
MMG,Metalline Mining Co (Google  Yahoo  Earnings  Chart
OZN,Orezone Resources Inc (Google  Yahoo  Earnings  Chart
PAL,North American Palladium (Google  Yahoo  Earnings  Chart
PLM,PolyMet Mining Corp (Google  Yahoo  Earnings  Chart
PQ,Petroquest Energy Inc (Google  Yahoo  Earnings  Chart
RBY,Rubicon Minerals Corporation (Google  Yahoo  Earnings  Chart
SWC,Stillwater Mining Co (Google  Yahoo  Earnings  Chart
TEX,Terex Corp (Google  Yahoo  Earnings  Chart
TGB,Taseko Mines Ltd (Google  Yahoo  Earnings  Chart
TX,Ternium SA (Google  Yahoo  Earnings  Chart
URZ,Uranerz Energy Corp (Google  Yahoo  Earnings  Chart

More stocks join the party



More and more stocks are finding buy interest in last 9 days. In 6 out of nine days the buying pressure was two times more than selling pressure. There are around 6 times more stocks up 25% in a month compared to stocks down 25% in a month.
The top ten sectors continue to be dominated by metals, agriculture, and energy.

Stocks up 4% or more on higher volume from top 10 sector:

AKS,Ak Steel Holding Corp (Google  Yahoo  Earnings  Chart
ANO,Anooraq Resources Corp (Google  Yahoo  Earnings  Chart
ANR,Alpha Natural Resources (Google  Yahoo  Earnings  Chart
BBG,Bill Barrett Corp (Google  Yahoo  Earnings  Chart
BCON,Beacon Power Corp (Google  Yahoo  Earnings  Chart
COIN,Converted Organics Inc (Google  Yahoo  Earnings  Chart
CRK,Comstock Resources Inc (Google  Yahoo  Earnings  Chart
DNR,Denbury Resources Ltd (Google  Yahoo  Earnings  Chart
EEE,Evergreen Energy Inc (Google  Yahoo  Earnings  Chart
EXK,Endeavour Silver Corp (Google  Yahoo  Earnings  Chart
GBN,Great Basin Gold (Google  Yahoo  Earnings  Chart
GMO,Idaho General Mines Inc (Google  Yahoo  Earnings  Chart
GRS,Gammon Lake Resources (Google  Yahoo  Earnings  Chart
MT,Arcelor Mittal (Google  Yahoo  Earnings  Chart
OZN,Orezone Resources Inc (Google  Yahoo  Earnings  Chart
PLUG,Plug Power Inc (Google  Yahoo  Earnings  Chart
PQ,Petroquest Energy Inc (Google  Yahoo  Earnings  Chart
QTWW,Quantum Fuel Sys Techworldwide (Google  Yahoo  Earnings  Chart
RBY,Rubicon Minerals Corporation (Google  Yahoo  Earnings  Chart
RRC,Range Resources Corp (Google  Yahoo  Earnings  Chart
SEED,Origin Agritech Ltd (Google  Yahoo  Earnings  Chart
SGY,Stone Energy Corp (Google  Yahoo  Earnings  Chart
TC,Thompson Creek Metals Company Inc. (Google  Yahoo  Earnings  Chart
TCK,Teck Cominco Limited (Google  Yahoo  Earnings  Chart
USU,Usec Inc (Google  Yahoo  Earnings  Chart
WTI,W & T Offshore (Google  Yahoo  Earnings  Chart
XEC,Cimarex Energy Inc (Google  Yahoo  Earnings  Chart

Energy, metals, and agriculture sector attract buyers


Energy, metals and agriculture sector dominate the action in top 10 sectors. Most of these sectors have been rallying for multi years and have been rebounding after correction.

Stocks in top 10 sectors up 4% or more on high volume:

ACO,Amcol International Corp (Google Yahoo Earnings Chart)
AEM,Agnico-Eagle Mines Ltd (Google Yahoo Earnings Chart)
AGU,Agrium Inc (Google Yahoo Earnings Chart)
AKS,Ak Steel Holding Corp (Google Yahoo Earnings Chart)
ANO,Anooraq Resources Corp (Google Yahoo Earnings Chart)
ANR,Alpha Natural Resources (Google Yahoo Earnings Chart)
APWR,A-Power Energy Generation Sys (Google Yahoo Earnings Chart)
AUY,Yamana Gold Inc (Google Yahoo Earnings Chart)
AZK,Aurizon Mines Ltd (Google Yahoo Earnings Chart)
BBL,BHP Billiton Plc Ads (Google Yahoo Earnings Chart)
BHP,BHP Billiton Limited ADS (Google Yahoo Earnings Chart)
BMD,Birch Mountain Resources Ltd (Google Yahoo Earnings Chart)
BRY,Berry Petroleum Co Cl A (Google Yahoo Earnings Chart)
BTU,Peabody Energy (Google Yahoo Earnings Chart)
CALP,Caliper Life Sciences Inc (Google Yahoo Earnings Chart)
CDE,Coeur D'alene Mines Corp (Google Yahoo Earnings Chart)
CF,CF Industries Holdings Inc (Google Yahoo Earnings Chart)
CXG,CNX Gas Corp (Google Yahoo Earnings Chart)
CYNO,Cynosure Inc (Google Yahoo Earnings Chart)
DNR,Denbury Resources Ltd (Google Yahoo Earnings Chart)
DROOY,DRD Gold Ltd Adr (Google Yahoo Earnings Chart)
ELOS,Syneron Medical Ltd (Google Yahoo Earnings Chart)
EXK,Endeavour Silver Corp (Google Yahoo Earnings Chart)
FCL,Foundation Coal Holdings (Google Yahoo Earnings Chart)
FCX,Freeport Mcmoran C&G B (Google Yahoo Earnings Chart)
GBN,Great Basin Gold (Google Yahoo Earnings Chart)
GFI,Gold Fields Ltd Adr (Google Yahoo Earnings Chart)
GG,Goldcorp Inc (Google Yahoo Earnings Chart)
GGB,Gerdau Sa Ads (Google Yahoo Earnings Chart)
GMXR,Gmx Resources Inc (Google Yahoo Earnings Chart)
GOLD,Randgold Resources Ltd Ads 1:2 (Google Yahoo Earnings Chart)
GRS,Gammon Lake Resources (Google Yahoo Earnings Chart)
GRZ,Gold Reserve Inc (Google Yahoo Earnings Chart)
GSS,Golden Star Resources (Google Yahoo Earnings Chart)
GSX,Gasco Energy (Google Yahoo Earnings Chart)
HK,Petrohawk Energy Corp (Google Yahoo Earnings Chart)
HMY,Harmony Gold Mining Co (Google Yahoo Earnings Chart)
KG,King Pharmaceuticals Inc (Google Yahoo Earnings Chart)
KOG,Kodiak Oil & Gas Corp (Google Yahoo Earnings Chart)
LIHR,Lihir Gold` Limited ADS (Google Yahoo Earnings Chart)
LNN,Lindsay Manufacturing Co (Google Yahoo Earnings Chart)
MOS,Mosaic Company (Google Yahoo Earnings Chart)
MTL,Mechel Steel Group OAO ADS (Google Yahoo Earnings Chart)
NSTR,Northstar Neuroscience Inc (Google Yahoo Earnings Chart)
NSU,Nevsun Resources Ltd (Google Yahoo Earnings Chart)
ORA,Ormat Technologies Inc (Google Yahoo Earnings Chart)
OXY,Occidental Petro Cp (Google Yahoo Earnings Chart)
PAAS,Pan Amer Silver Cp (Google Yahoo Earnings Chart)
PAL,North American Palladium (Google Yahoo Earnings Chart)
PCU,Southern Copper Corp (Google Yahoo Earnings Chart)
QTWW,Quantum Fuel Sys Techworldwide (Google Yahoo Earnings Chart)
RGLD,Royal Gold Inc (Google Yahoo Earnings Chart)
RIO,Companhia Vale Do Rio Doce ADS (Google Yahoo Earnings Chart)
RRC,Range Resources Corp (Google Yahoo Earnings Chart)
RTP,Rio Tinto Plc Adr (Google Yahoo Earnings Chart)
SA,Seabridge Gold Inc (Google Yahoo Earnings Chart)
SEED,Origin Agritech Ltd (Google Yahoo Earnings Chart)
SID,Companhia Siderurgica Nacional S.A. (Google Yahoo Earnings Chart)
SIM,Grupo Simec S.A.B De C.V (Google Yahoo Earnings Chart)
SMTS,Somanetics Corp (Google Yahoo Earnings Chart)
SSRI,Silver Standard Resource (Google Yahoo Earnings Chart)
STLD,Steel Dynamics Inc (Google Yahoo Earnings Chart)
SWC,Stillwater Mining Co (Google Yahoo Earnings Chart)
TGB,Taseko Mines Ltd (Google Yahoo Earnings Chart)
TRA,Terra Industries Inc (Google Yahoo Earnings Chart)
USBE,US Bioenergy Corp (Google Yahoo Earnings Chart)
VGZ,Vista Gold Corp (Google Yahoo Earnings Chart)
VSE,VeraSun Energy Corp (Google Yahoo Earnings Chart)
WYE,Wyeth (Google Yahoo Earnings Chart)

Bottom 20 Sectors

Top 20 Sectors

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