AI
Willy's Weekly First Alert Financial Review
Fri, December 11, 2009 6:43:55 PMFrom: Editor
Willy's Weekly
Review
New Subscribers
I want to welcome you to my free newsletter service. I send out a Daily Market Recap and a Weekly Market Recap. I also send many company profiles for investment consideration but the choice is ultimately yours to buy, trade, hold or sell a security mentioned. Do your due diligence and then do more due diligence making prudent investment choices. I will seldom write telling someone what to buy or when to sell what was bought. Those choices are your own.
Space is limited in my newsletters. You will notice stocks listed in the Weekly Newsletter that are not included in my Daily Recap. I have many different sections in my newsletters. I also have listed plays I am trading in the Daily Recap. The daily only goes out to subscribers of http://www.willywizard.com If you sign up please keep in mind you could receive duplicate emails from other subscriptions you might have at another site in the First Alert Stock™ Family.
Thank you,
Harold Engel
Readers,
The week ended positively even with some gyration during trading hours throughout the week. We are moving into a time of year when the markets depend on events to take place to possible move the markets higher. The events can trigger the markets to move quickly in either direction. Also many financial managers are already getting their minds tuned in on Christmas vacation time. Most major managers will not return from holiday vacations until after the first of the year through about mid January. This is when new money starts being put to work and the markets could move easily above the10,500 resistance into the 10,800ish ranges. I still would like to see 10,500 as support by end of February. Normal markets correct by mid to end of February why I call for 10,500 support at that time as ideal. I am not so sure what might happen next year. I don't read many good things taking place in the region I live in. Could the economy possible get stalled mid next year? If they raise interest rates I believe this would be counter productive in 2010 but many economists believe rates could be raised in the last half of 2010. I hope not until mid 2011. Give the economy time to breath and grow. Yes we need to think this far out to protect any gains we accumulate in the first 45 days of 2010.
Harold
Last Week
The week was quiet, as expected. Monday surprised me with a nice green day to open up the week. The week closed slightly negative but all in all the week was a good week setting the stage for the move after the first of the year. I am expecting a Christmas time rally but that is still a month away and lot can happen between now and then. This week the Dubai financial problem rocked the market Friday sending it lower at the open. These situations can arise on a weekend effecting stock prices in a major way lower or higher. This is why I recommend having cash on hand, not holding 90% or 100% of your account in securities. I am currently holding 55% cash looking for opportunities if the markets move lower next week. I'll write more below.
Harold
Stay strong even when your stock is down. Don't be defeated!
"Maybe you will make that next high percentage trade."
Please defend your wealth from those that want to steal it from you. Trade smart!
Be alert and careful to protect your wealth!
I am a "Bull"
Please protect your wealth.
My Favorite Quotes For All Those That Dream
Mark Twain wrote many years ago,
"Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great."
Thomas Edison wrote,
"Many of life's failures are men who did not realize how close they were to success when they gave up."
News Headlines
House Passes Broad Wall Street Regulatory Overhaul- AP
A year after Wall Street failures plunged the nation into recession, the House on Friday passed the most ambitious restructuring of financial regulation since the New Deal.
Treasury pay czar limits pay at automakers, banks- AP
UN talks: Rich nations must make big emission cuts- AP
Stronger retail sales and sentiment boost stocks- AP
Dem leader urges debt limit increase of $1.8-1.9T- AP
House kills mortgage relief in Wall Street bill- AP
Friday's upgrades, downgrades- Minyanville
Moody's sees no threat to U.S. top rating for now- Reuters
China's Economy Is Still Recovering, But How About Ours?- Tech Ticker
No End in Sight to Govt. Spending Spree: $12.1T Debt Ceiling Set to Be Raised- Tech Ticker
» View more top stories
(News Source: Yahoo Finance)
INDU (DOW Jones)
+ 82.60
Friday's Close 10,471.50
The INDU managed to close green for the week at 10,471.50, + 82.60. I have a feeling, by looking at the chart, that the INDU could stall next week as the Holiday Season starts to get ramped up with last minute shopping taking away the market focus of many. I am also looking at Christmas time as a time to be with family not focusing 100% to my portfolio. After the 1st of January the markets will slowly start to heat up as earning reports start being released. This should give a good boost to the INDU but around end of January to February 15th I believe a correction will start taking place and it should be a fairly good correction setting the base to work off of for a Summer Time Rally sometime in mid July.
Not much to add to my last week's TA. I am looking for continued churning next week. Christmas week we could see a small rally but not huge. The following week many remain on vacation so I look for a slow week. I don't look for much excitement until after the new year begins. Sure there will be rally days as well has selling days but overall I am not expecting any major runs to take place at this time. We should see 10,500 breached over the next couple weeks then the January Effect, as money managers put money to work.
Friday's Close 10,388.90
The INDU had a decent week churning allowing the chart and indicators a chance to come back in line setting up for a move higher this month and into 2/15/10. The INDU closed + 78.98 at 10,388.90. All in all this was a very good week. I believe more churning is coming while the Stochastic indicator moves lower. The INDU does remain overbought but looks better this week and with a few more days of market churning should allow the Stochastic to move lower but its interesting how the Stochastic indicator is moving up and down like a jigsaw blade slowly moving lower in a controlled manner. The INDU is still riding the 13 day MA in a somewhat overbought state. I still believe a correction towards the 50 day MA could take place before year end. I also use StockCharts and the INDU is still at the top end of the envelope also suggesting an overbought condition still remains. I see continued churning for the near term for the INDU. I don't see this as alarming but needed so I suggest everyone relax if we get a correction back towards 10,150 range. I still believe 10,500 support should show itself before 1/31/10, after that we need to wait and see what happens after year end. I am somewhat pessimistic about Q2 of 2010. I'll play my pessimism preparing for a correction in second Q of 2010. I'll report if my feelings change but looking 3 to 5 months out I get questionable feelings about all the markets, not bad feelings just uncomfortable feelings.
Daily INDU Chart
(Live Daily Updating Chart)
Source Clearstation.com
Dow Jones Industrials
MACD
Stochastic
EMA (13)
EMA (50)
COMPX (Nasdaq)
- 4.04
Friday's Close 2190.31
Then Nasdaq was weak this week closing at 2190.31 losing - 4.04. This was understandable after the gains it had over the last two weeks. The Nasdaq is slowly running out of steam. It needs something to give it the boost into February 2010. I look for continued weakness next week. I don't believe this weakness is something to be alarming about over the next 45 days. After that we all need to take a serious look at all the markets just not the Nasdaq.
Friday's Close 2194.35
The Nasdaq managed to close green + 55.91 at 2194.35. Overalll this was a bullish week for the Nasdaq. The MACD is attempting to trigger another buy signal but the MACD still remain below the 0.0 line. The Stochastic looks like it wants to roll over and move lower suggesting a continued churning moving slowly lower but the MACD does keep me looking at another bullish short term churning coming week setting up for the next leg higher in January. Like the INDU the Nasdaq is riding overbought, but tight range, on the 13 day MA. Like I wrote above I would like to see a correction testing the 50 day MA sometime over the next 10 days. This would be ideal for a move in January.
Daily Nasdaq Chart
(Live Daily Updating Chart)
Source Clearstation.com
Nasdaq Composite
MACD
Stochastic
EMA (13)
EMA (50)
Russell 2000
600.37
Russell 2000
Stay alert from now until year end because the Russell will stall and churn like the major market indices. I am not going to add more beacuse in the two paragraphs below I said it all.
The Russell acted better this week then the major indices. Lets not allow this bullish week change our views that many OTCBB and Pink Sheet stocks linger this time of the year but move big in January when a bull market is in play. This is what I would like to see set up is another correction then a nice move higher into January 31st - February 15th. I have a good feeling about January 2010 in regards to the Russell and sub category stocks. The Russell does have a nice sideway action. This is a pattern many know I like in a bullish atmosphere. Remain careful looking for bargains the rest of 2009.
The Russell moved lower this week suggesting lower lows are coming but the MACD did trigger a buy signal. The Stochastic also triggered a buy signal. I would be careful for a head fake from the Russell, OTCBB and Pink Sheet sectors. December is not normally a good month for these sectors. Could this year be different? Stay alert and be careful as the risk plays slowly move lower into year end. Keep some cash on hand for the week after Christmas bargains.
Remember not to fall in love with OTCBB and Pinks.
Trade em don't love em!
Protect your money!
Russell 2000
(Live Daily Updating Chart)
Source Clearstation.com
Russell 2000
MACD
Stochastic
EMA (13)
EMA (50)
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ALL NEW: "Willys First Alert Financial™ Terminal" Site Link >> http://www.WillysFirstAlertFinancialTerminal.com recently opened. Another terminal in the Family is http://www.WallStreetTerminal.com
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Editor, Harold
Please defend your wealth from those that want to steal it from you. Trade smart!
Weekly
Featured Company
Pyro Pharmaceuticals, Inc.
(Paid Advertisement)
Pyro Pharmaceuticals, Inc. (OTCBB: FROI)
Pyro Pharmaceuticals is a development stage drug research and development company. Pyro’s mission is clear and concise: to identify, evaluate and acquire new promising antibiotic therapeutic treatments against multi-drug resistant infectious microorganisms in humans.
Pyro’s focus is on diseases in which antibiotic resistance has become a significant issue. Pyro plans to develop a new class of antibiotics for a wide variety of pathogenic microorganisms, especially those that have exhibited multiple drug resistance. Except for daptomycin (Cubicin® – 2003), which has a distinct mechanism of action, there have been no new classes of antibiotics approved in the United States in over 35 years.
Pyro’s portfolio of drug target patents forms the basis to develop these new antibiotics. Since its inception in 2001, Pyro has successfully obtained one issued patent and has ten patent applications pending.
Fero Industries, Inc.
17 Reeves Crescent
Red Deer, ALB T4P 2Z4
Canada
http://www.pyropharmaceuticals.com
Plateau Mineral Development, Inc.
(Paid Advertisement)
Plateau Mineral Development, Inc. (OTC.PK: PMDP)
Plateau Mineral Development, Inc. specializes in the exploration and development of energy sources. Its partner, Plateau Mineral Development LLC, has been in existence for over five years with successful new wells and rework wells selling both gas and oil.
PMDP is exploring joint operations with gas well operators in the area near its compressor station leading to a tap into the East Tennessee Natural Gas (SPECTRA) main pipeline. The plans include completion of the pipeline and compressor station. We have three entities who are interested in joining PMDP, LLC with the project. All are experienced in the oil and gas field and are adequately funded.
Plateau Mineral Development, Inc.
1550 Caton Center Drive
Suite E
Baltimore, MD 21227
Phone: 410-242-2397
Fax: 336-723-5544
www.plateaumineral.net
Satmax Corp
(Paid Advertisement)
Satmax Corp. (OTC.PK: SATM)
Satmax Corp. satellite company was created to address the burgeoning demand for reliable and uninterruptable satellite communications. Advances in technology have reduced the footprint of satcom systems, allowing for more portability; while at the same time enabling both voice and data communications, making satcom very popular with many commercial, industrial and government organizations. Satellite communications has become a vital safety-net and an important requirement in many organizations Disaster Recovery (DR) planning.
SatMAX Corp.
2500 City West Blvd.
Suite 590
Houston, TX 77042
Phone: 713 231-1406
Fax: 832 415-2773
http://www.echosatcom.com
Never Give Up
Thomas Edison wrote,
"Many of life's failures are men who did not realize how close they were to success when they gave up."
Which Stock is The Next Runner
Are you throwing darts when picking your stock plays?
Check Out
First Alert Big Board Plays
I hope you are following my Big Board Plays. Most are excellent rollers allowing nice trades. When the markets are up they move higher and when markets get hit hard they move lower. They are also good investment grade companies, some better then others but all of them if bought right can make a portfolio look good.
I like all the stocks below and many more I have listed at http://www.firstalertstocks.com ™ and many of those listed at http://www.otcstockreporter.com Many of these stocks have already made major moves in the last 9 months and are correcting or getting ready to correct.
Editor, Harold
Big Board Plays to Follow
(NFLX)
Friday's Close $55.69
About Netflix, Inc.
Netflix, Inc., incorporated in August 1997, is an online movie rental service, providing more than 6,300,000 subscribers access to a comprehensive library of more than 70,000 movie, television and other filmed entertainment titles on digital versatile disc (DVD). The Company offers a variety of subscription plans, starting at $9.99 a month. There are no due dates, no late fees and no shipping fees. Subscribers select titles at its Website aided by its recommendation service, receive them on DVD by the United States mail and return them to the Company at their convenience using its prepaid mailers. The Company also offers certain titles through its instant-viewing feature.
Web Site: http://www.netflix.com
News Link: http://finance.yahoo.com/q?s=nflx
(IDCC)
Friday's Close $25.22
About InterDigital
InterDigital designs, develops and provides advanced wireless technologies and products that drive voice and data communications. InterDigital is a leading contributor to the global wireless standards and holds a strong portfolio of patented technologies which it licenses to manufacturers of 2G, 2.5G, 3G, and 802 products worldwide. Additionally, the company offers a family of SlimChip(TM) high performance mobile broadband modem solutions, consisting of Baseband ICs, Modem IP and Reference Platforms. InterDigital's differentiated technology and product solutions deliver time-to-market, performance and cost benefits.
News Link: http://finance.yahoo.com/q?s=IDCC
Web Site: http://www.interdigital.com
(SIRI)
"I continue looking for another entry point at this time. If we get more market pullback SIRI should present entry points. I like this company and believe it has decent upside % ahead. I'll reload in the .50s unless something released to move it higher. If news I'll jump on for a ride for more profits. Friday's Close $..6021"
(SIRI) Sirius XM Radio Inc. provides satellite radio services in the United States and Canada. The company offers a programming lineup of 117 channels to subscribers, which include 63 channels of commercial-free music and 54 channels of sports, news, talk, entertainment, and traffic and weather. It also provides music channels that offer music genres, ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; channels of sports; talk and entertainment channels; comedy channels; and religious channels. As of December 31, 2008, Sirius XM Radio had 19,003,856 subscribers.
Web Site: http://www.siriusradio.com
News Link: http://finance.yahoo.com/q?s=SIRI
(ETFC)
"I added ETFC more shares this week. I am playing this in an IRA longer term for a buyout and playing short term swings in my trading account. Friday's Close $1.66."
(ETFC) ETRADE Financial Corporation, through its subsidiaries, provides online brokerage and related products and services primarily to individual retail investors, under the brand name of ETRADE Financial worldwide. It offers various brokerage products and services, including automated order placement and execution of the U.S. and international equities, currencies, futures, options, exchange-traded funds, mutual funds, and bonds. The company also provides quick transfer, wireless account access, extended hours trading, quotes, research, and advanced planning tools. Its banking products and services include checking, savings, sweep, money market, and certificates of deposit products. ETRADE Financial primarily provides its services through its Web site at etrade.com, as well as through its network of customer service representatives, relationship managers, and investment advisors. The company was founded in 1982 and is based in New York, New York.
Web Site: http://www.etrade.com
News Link: http://finance.yahoo.com/q?s=etfc
(AMD)
"I believe AMD has given subscribers a nice return and the play is ok for small gains but I don't think a 100% move is going to happen any time soon. AMD has a had a nice move since its bottom in January 09. The company is going to stay around for awhile so any correction makes this stock look interesting for a long term hold. Friday's Close $8.66."
(AMD) Advanced Micro Devices, Inc., a semiconductor company, provides processing solutions for the computing, graphics, and consumer electronics markets in the United States, Canada, Europe, and Asia. It offers microprocessor products, including servers and workstation microprocessors, notebook microprocessors, and desktop microprocessors; embedded processor products; chipset products, including IGP and discrete chipsets; and graphics products, such as 3D graphics, and video and multimedia products for use in desktop and notebook personal computers (PCs), including home media PCs, professional workstations, and servers, as well as technology for game consoles.
Web Site: http://www.amd.com
News Link: http://finance.yahoo.com/q?s=amd
(DSCO)
"DSCO continues to get a little attention Friday. This is volatile stock, biotechnology company waiting on FDA approvals. Just a hint from the company about where they are at in the process makes this stock run but it is a risk play dependent on an FDA approval. Friday's Close $.74"
(DSCO) Discovery Laboratories, Inc is creating a fully-integrated biotechnology company committed to the development and commercialization of novel Surfactant Replacement Therapies (SRTs™) with potential application across the respiratory disease continuum. Surfactant is produced naturally in the lungs and is essential for normal breathing throughout life. Our product platform is based on a novel pulmonary surfactant technology intended to establish a completely new, therapeutic approach in the treatment of respiratory disease, with a targeted initial application in premature infants.
Web Site: http://www.discoverylabs.com
News Link: http://finance.yahoo.com/q?s=dsco
(LEHMQ)
High Risk BK Settlement Play
" I sold LEHMQ and I am watching to see if it moves lower into year end. I am prepared to buy my position back and the hint of news." Friday's Close $.074.
LEHMQ is one of the entities of Lehman's that is expecting a settlement offer. Lehman's is huge expecting upwards towards 100 billion in settlements from banks around the world.
Other Lehman Stocks: LEHKQ, LEHLQ, LHHMQ, LEHNQ
Lehman Administrator Looks to Dole Out Assets
http://www.cnbc.com/id/33174036
Web Site: http://www.lehman.com
News Link: http://finance.yahoo.com/q?s=LEHMQ.PK
(C)
"C made a nice dip under $4.00. The last two days the trading and accumulation was noticeable. This is a stock that can go either direction and currently it's pointing lower. I am not a buyer just a watcher. Friday's Close $3.95.
(C) Citigroup Inc., a global financial services company, provides consumers, corporations, governments, and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. The company has two primary segments, Citicorp and Citi Holdings. The Citicorp segment operates as a global bank for businesses and consumers with two primary businesses, Institutional Clients Group and Regional Consumer Banks.
Web Site: http://www.citigroup.com
News Link: http://finance.yahoo.com/q?s=c
(JAZZ)
"Jazz is trying to get set for another leg higher. This is a stock of interest to me. It's a stock for you to follow and watch for the next move higher. Friday's Close $8.04"
(JAZZ) Jazz Pharmaceuticals - integrating innovative products with valuable programs and resources to benefit patients in neurology and psychiatry.
We are a specialty pharmaceutical company that identifies, develops and commercializes innovative products to satisfy unmet medical needs in neurology and psychiatry.
Our unwavering commitment to improving patient care is demonstrated every day through unique patient and physician programs and our ongoing collaboration with patients, physicians and advocacy groups. Building collaborative relationships that foster innovation is the key to our success.
Web Site: http://www.jazzpharmaceuticals.com
News Link: http://finance.yahoo.com/q?s=JAZZ
(CROX)
"This is a come back play I have followed since it dropped from $80.00 to under $1.00. This is a stock I like for long term. CROX could be a ling term nice percentage return stock if you have time to hold the shares. CROX made a nice move last week before giving part of it back Friday. Friday's Close $5.41"
Crocs, Inc. is a designer, manufacturer and retailer of footwear for men, women and children under the Crocs brand.
All Crocs brand shoes feature Crocs’ proprietary closed-cell resin, Croslite, which represents a substantial innovation in footwear. The Croslite material enables Crocs to produce soft, comfortable, lightweight, superior-gripping, non-marking and odor-resistant shoes.
Web Site: http://www.crocs.com
News Link: http://finance.yahoo.com/q?s=CROX
(VCLK)
Friday's Close $9.68.
About ValueClick, Inc.
ValueClick, Inc. provides online advertising campaigns and programs for advertisers and advertising agency customers in the United States and Europe. It operates in four segments: Media, Affiliate Marketing, Comparison Shopping, and Technology. The Media segment provides a range of online media solutions in the categories of display/Web advertising, lead generation marketing, email marketing, search marketing, comparison shopping, and promotional and industry-focused online content to advertisers and advertising agencies. It also sells consumer products directly to end-user consumers through its own e-commerce Web sites. The Affiliate Marketing segment offers technology and services that enable advertisers to manage, track, and analyze a range of online marketing programs. The Comparison Shopping segment enables consumers to research and compare products from online or offline merchants using the company's technology. This segment gathers product and merchant data, and organizes it into a catalog on the Web sites along with reviews. The Technology segment provides technology infrastructure tools and services that enable advertisers and advertising agencies to implement and mange their online display advertising and email campaigns; and that assist online publishers with management of their Web site inventory.
Web Site: http://valueclick.com/about/
News Link: http://finance.yahoo.com/q?s=vclk
(Q)
Friday's Close $4.11
About Qwest
Customers coast to coast turn to Qwest's industry-leading national fiber-optic network and world-class customer service to meet their communications and entertainment needs. For residential customers, Qwest offers a new generation of fiber-optic high-speed Internet service, as well as digital home phone, Verizon Wireless, and DIRECTV services. Qwest is also the choice of 95 percent of Fortune 500 companies, offering a full suite of network, data and voice services for small businesses, large businesses, government agencies and wholesale customers. Additionally, Qwest participates in Networx, the largest communications services contract in the world, and is recognized as a leader in the network services market by a leading technology industry analyst firm.
Web Site: http://www.qwest.com
News Link: http://finance.yahoo.com/q?s=q
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PLEASE NOTE: First Alert Financial LLC (LLC Company) WillyWizard.com and/or its affiliates are not registered as Investment Advisors in any jurisdiction whatsoever.
Release of Liability: Through use of LLC Company/WillyWizard.com email newsletters and website you agree to hold LLC Company/WillyWizard.com, its operators, owners, and employees harmless and completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. The owner, publisher, editor and their associates are not responsible for errors and omissions. Always be aware you could lose your entire investment investing in the stock market. The opinions in this newsletter are just that the Editors opinion and should not be looked at as investment advice. The LLC Company/WillyWizard.com and/or its affiliates may from time to time have positions in the securities mentioned herein, may increase or decrease such positions without notice, and may profit from such transactions. The advertised party may have shares and may liquidate, which may affect the stock's price. The LLC Company/WillyWizard.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice.
Please read our full disclaimer at http://www.willywizard.com
The LLC Company has been compensated four thousand dollars by K.C. for one week (12/12 - 12/18) services to publicly and electronically disseminate information pertaining to FROI.
The LLC Company has been compensated four thousand dollars by Oceaninc for one week (12/08 - 12/15) services to publicly and electronically disseminate information pertaining to PMDP.
The LLC Company has been compensated four thousand dollars by Oceaninc for one week (12/06 - 12/12) services to publicly and electronically disseminate information pertaining to SATM.
The Editor does reserve the right to buy, sell or trade shares in the mentioned stocks. I am currently holding DSCO (25,000 shrs), ETFC (13,500 shrs).I am trading ETFC regularly so a position can change intra day. I hold other stocks in my portfolio not mentioned in this newsletter. None of these stocks remain in my portfolio for long. I am a trader so I sell when a profit exists. The Editor does reserve the right to buy, sell or trade shares in all mentioned stocks without notice.
This Disclaimer Complies with Securities and Exchange Commission Section 17
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Fri, December 11, 2009 6:43:55 PMFrom: Editor
Willy's Weekly
Review
New Subscribers
I want to welcome you to my free newsletter service. I send out a Daily Market Recap and a Weekly Market Recap. I also send many company profiles for investment consideration but the choice is ultimately yours to buy, trade, hold or sell a security mentioned. Do your due diligence and then do more due diligence making prudent investment choices. I will seldom write telling someone what to buy or when to sell what was bought. Those choices are your own.
Space is limited in my newsletters. You will notice stocks listed in the Weekly Newsletter that are not included in my Daily Recap. I have many different sections in my newsletters. I also have listed plays I am trading in the Daily Recap. The daily only goes out to subscribers of http://www.willywizard.com If you sign up please keep in mind you could receive duplicate emails from other subscriptions you might have at another site in the First Alert Stock™ Family.
Thank you,
Harold Engel
Readers,
The week ended positively even with some gyration during trading hours throughout the week. We are moving into a time of year when the markets depend on events to take place to possible move the markets higher. The events can trigger the markets to move quickly in either direction. Also many financial managers are already getting their minds tuned in on Christmas vacation time. Most major managers will not return from holiday vacations until after the first of the year through about mid January. This is when new money starts being put to work and the markets could move easily above the10,500 resistance into the 10,800ish ranges. I still would like to see 10,500 as support by end of February. Normal markets correct by mid to end of February why I call for 10,500 support at that time as ideal. I am not so sure what might happen next year. I don't read many good things taking place in the region I live in. Could the economy possible get stalled mid next year? If they raise interest rates I believe this would be counter productive in 2010 but many economists believe rates could be raised in the last half of 2010. I hope not until mid 2011. Give the economy time to breath and grow. Yes we need to think this far out to protect any gains we accumulate in the first 45 days of 2010.
Harold
Last Week
The week was quiet, as expected. Monday surprised me with a nice green day to open up the week. The week closed slightly negative but all in all the week was a good week setting the stage for the move after the first of the year. I am expecting a Christmas time rally but that is still a month away and lot can happen between now and then. This week the Dubai financial problem rocked the market Friday sending it lower at the open. These situations can arise on a weekend effecting stock prices in a major way lower or higher. This is why I recommend having cash on hand, not holding 90% or 100% of your account in securities. I am currently holding 55% cash looking for opportunities if the markets move lower next week. I'll write more below.
Harold
Stay strong even when your stock is down. Don't be defeated!
"Maybe you will make that next high percentage trade."
Please defend your wealth from those that want to steal it from you. Trade smart!
Be alert and careful to protect your wealth!
I am a "Bull"
Please protect your wealth.
My Favorite Quotes For All Those That Dream
Mark Twain wrote many years ago,
"Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great."
Thomas Edison wrote,
"Many of life's failures are men who did not realize how close they were to success when they gave up."
News Headlines
House Passes Broad Wall Street Regulatory Overhaul- AP
A year after Wall Street failures plunged the nation into recession, the House on Friday passed the most ambitious restructuring of financial regulation since the New Deal.
Treasury pay czar limits pay at automakers, banks- AP
UN talks: Rich nations must make big emission cuts- AP
Stronger retail sales and sentiment boost stocks- AP
Dem leader urges debt limit increase of $1.8-1.9T- AP
House kills mortgage relief in Wall Street bill- AP
Friday's upgrades, downgrades- Minyanville
Moody's sees no threat to U.S. top rating for now- Reuters
China's Economy Is Still Recovering, But How About Ours?- Tech Ticker
No End in Sight to Govt. Spending Spree: $12.1T Debt Ceiling Set to Be Raised- Tech Ticker
» View more top stories
(News Source: Yahoo Finance)
INDU (DOW Jones)
+ 82.60
Friday's Close 10,471.50
The INDU managed to close green for the week at 10,471.50, + 82.60. I have a feeling, by looking at the chart, that the INDU could stall next week as the Holiday Season starts to get ramped up with last minute shopping taking away the market focus of many. I am also looking at Christmas time as a time to be with family not focusing 100% to my portfolio. After the 1st of January the markets will slowly start to heat up as earning reports start being released. This should give a good boost to the INDU but around end of January to February 15th I believe a correction will start taking place and it should be a fairly good correction setting the base to work off of for a Summer Time Rally sometime in mid July.
Not much to add to my last week's TA. I am looking for continued churning next week. Christmas week we could see a small rally but not huge. The following week many remain on vacation so I look for a slow week. I don't look for much excitement until after the new year begins. Sure there will be rally days as well has selling days but overall I am not expecting any major runs to take place at this time. We should see 10,500 breached over the next couple weeks then the January Effect, as money managers put money to work.
Friday's Close 10,388.90
The INDU had a decent week churning allowing the chart and indicators a chance to come back in line setting up for a move higher this month and into 2/15/10. The INDU closed + 78.98 at 10,388.90. All in all this was a very good week. I believe more churning is coming while the Stochastic indicator moves lower. The INDU does remain overbought but looks better this week and with a few more days of market churning should allow the Stochastic to move lower but its interesting how the Stochastic indicator is moving up and down like a jigsaw blade slowly moving lower in a controlled manner. The INDU is still riding the 13 day MA in a somewhat overbought state. I still believe a correction towards the 50 day MA could take place before year end. I also use StockCharts and the INDU is still at the top end of the envelope also suggesting an overbought condition still remains. I see continued churning for the near term for the INDU. I don't see this as alarming but needed so I suggest everyone relax if we get a correction back towards 10,150 range. I still believe 10,500 support should show itself before 1/31/10, after that we need to wait and see what happens after year end. I am somewhat pessimistic about Q2 of 2010. I'll play my pessimism preparing for a correction in second Q of 2010. I'll report if my feelings change but looking 3 to 5 months out I get questionable feelings about all the markets, not bad feelings just uncomfortable feelings.
Daily INDU Chart
(Live Daily Updating Chart)
Source Clearstation.com
Dow Jones Industrials
MACD
Stochastic
EMA (13)
EMA (50)
COMPX (Nasdaq)
- 4.04
Friday's Close 2190.31
Then Nasdaq was weak this week closing at 2190.31 losing - 4.04. This was understandable after the gains it had over the last two weeks. The Nasdaq is slowly running out of steam. It needs something to give it the boost into February 2010. I look for continued weakness next week. I don't believe this weakness is something to be alarming about over the next 45 days. After that we all need to take a serious look at all the markets just not the Nasdaq.
Friday's Close 2194.35
The Nasdaq managed to close green + 55.91 at 2194.35. Overalll this was a bullish week for the Nasdaq. The MACD is attempting to trigger another buy signal but the MACD still remain below the 0.0 line. The Stochastic looks like it wants to roll over and move lower suggesting a continued churning moving slowly lower but the MACD does keep me looking at another bullish short term churning coming week setting up for the next leg higher in January. Like the INDU the Nasdaq is riding overbought, but tight range, on the 13 day MA. Like I wrote above I would like to see a correction testing the 50 day MA sometime over the next 10 days. This would be ideal for a move in January.
Daily Nasdaq Chart
(Live Daily Updating Chart)
Source Clearstation.com
Nasdaq Composite
MACD
Stochastic
EMA (13)
EMA (50)
Russell 2000
600.37
Russell 2000
Stay alert from now until year end because the Russell will stall and churn like the major market indices. I am not going to add more beacuse in the two paragraphs below I said it all.
The Russell acted better this week then the major indices. Lets not allow this bullish week change our views that many OTCBB and Pink Sheet stocks linger this time of the year but move big in January when a bull market is in play. This is what I would like to see set up is another correction then a nice move higher into January 31st - February 15th. I have a good feeling about January 2010 in regards to the Russell and sub category stocks. The Russell does have a nice sideway action. This is a pattern many know I like in a bullish atmosphere. Remain careful looking for bargains the rest of 2009.
The Russell moved lower this week suggesting lower lows are coming but the MACD did trigger a buy signal. The Stochastic also triggered a buy signal. I would be careful for a head fake from the Russell, OTCBB and Pink Sheet sectors. December is not normally a good month for these sectors. Could this year be different? Stay alert and be careful as the risk plays slowly move lower into year end. Keep some cash on hand for the week after Christmas bargains.
Remember not to fall in love with OTCBB and Pinks.
Trade em don't love em!
Protect your money!
Russell 2000
(Live Daily Updating Chart)
Source Clearstation.com
Russell 2000
MACD
Stochastic
EMA (13)
EMA (50)
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Weekly
Featured Company
Pyro Pharmaceuticals, Inc.
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Pyro Pharmaceuticals, Inc. (OTCBB: FROI)
Pyro Pharmaceuticals is a development stage drug research and development company. Pyro’s mission is clear and concise: to identify, evaluate and acquire new promising antibiotic therapeutic treatments against multi-drug resistant infectious microorganisms in humans.
Pyro’s focus is on diseases in which antibiotic resistance has become a significant issue. Pyro plans to develop a new class of antibiotics for a wide variety of pathogenic microorganisms, especially those that have exhibited multiple drug resistance. Except for daptomycin (Cubicin® – 2003), which has a distinct mechanism of action, there have been no new classes of antibiotics approved in the United States in over 35 years.
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Fero Industries, Inc.
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http://www.pyropharmaceuticals.com
Plateau Mineral Development, Inc.
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Plateau Mineral Development, Inc. (OTC.PK: PMDP)
Plateau Mineral Development, Inc. specializes in the exploration and development of energy sources. Its partner, Plateau Mineral Development LLC, has been in existence for over five years with successful new wells and rework wells selling both gas and oil.
PMDP is exploring joint operations with gas well operators in the area near its compressor station leading to a tap into the East Tennessee Natural Gas (SPECTRA) main pipeline. The plans include completion of the pipeline and compressor station. We have three entities who are interested in joining PMDP, LLC with the project. All are experienced in the oil and gas field and are adequately funded.
Plateau Mineral Development, Inc.
1550 Caton Center Drive
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Baltimore, MD 21227
Phone: 410-242-2397
Fax: 336-723-5544
www.plateaumineral.net
Satmax Corp
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Satmax Corp. (OTC.PK: SATM)
Satmax Corp. satellite company was created to address the burgeoning demand for reliable and uninterruptable satellite communications. Advances in technology have reduced the footprint of satcom systems, allowing for more portability; while at the same time enabling both voice and data communications, making satcom very popular with many commercial, industrial and government organizations. Satellite communications has become a vital safety-net and an important requirement in many organizations Disaster Recovery (DR) planning.
SatMAX Corp.
2500 City West Blvd.
Suite 590
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Phone: 713 231-1406
Fax: 832 415-2773
http://www.echosatcom.com
Never Give Up
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Which Stock is The Next Runner
Are you throwing darts when picking your stock plays?
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First Alert Big Board Plays
I hope you are following my Big Board Plays. Most are excellent rollers allowing nice trades. When the markets are up they move higher and when markets get hit hard they move lower. They are also good investment grade companies, some better then others but all of them if bought right can make a portfolio look good.
I like all the stocks below and many more I have listed at http://www.firstalertstocks.com ™ and many of those listed at http://www.otcstockreporter.com Many of these stocks have already made major moves in the last 9 months and are correcting or getting ready to correct.
Editor, Harold
Big Board Plays to Follow
(NFLX)
Friday's Close $55.69
About Netflix, Inc.
Netflix, Inc., incorporated in August 1997, is an online movie rental service, providing more than 6,300,000 subscribers access to a comprehensive library of more than 70,000 movie, television and other filmed entertainment titles on digital versatile disc (DVD). The Company offers a variety of subscription plans, starting at $9.99 a month. There are no due dates, no late fees and no shipping fees. Subscribers select titles at its Website aided by its recommendation service, receive them on DVD by the United States mail and return them to the Company at their convenience using its prepaid mailers. The Company also offers certain titles through its instant-viewing feature.
Web Site: http://www.netflix.com
News Link: http://finance.yahoo.com/q?s=nflx
(IDCC)
Friday's Close $25.22
About InterDigital
InterDigital designs, develops and provides advanced wireless technologies and products that drive voice and data communications. InterDigital is a leading contributor to the global wireless standards and holds a strong portfolio of patented technologies which it licenses to manufacturers of 2G, 2.5G, 3G, and 802 products worldwide. Additionally, the company offers a family of SlimChip(TM) high performance mobile broadband modem solutions, consisting of Baseband ICs, Modem IP and Reference Platforms. InterDigital's differentiated technology and product solutions deliver time-to-market, performance and cost benefits.
News Link: http://finance.yahoo.com/q?s=IDCC
Web Site: http://www.interdigital.com
(SIRI)
"I continue looking for another entry point at this time. If we get more market pullback SIRI should present entry points. I like this company and believe it has decent upside % ahead. I'll reload in the .50s unless something released to move it higher. If news I'll jump on for a ride for more profits. Friday's Close $..6021"
(SIRI) Sirius XM Radio Inc. provides satellite radio services in the United States and Canada. The company offers a programming lineup of 117 channels to subscribers, which include 63 channels of commercial-free music and 54 channels of sports, news, talk, entertainment, and traffic and weather. It also provides music channels that offer music genres, ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; channels of sports; talk and entertainment channels; comedy channels; and religious channels. As of December 31, 2008, Sirius XM Radio had 19,003,856 subscribers.
Web Site: http://www.siriusradio.com
News Link: http://finance.yahoo.com/q?s=SIRI
(ETFC)
"I added ETFC more shares this week. I am playing this in an IRA longer term for a buyout and playing short term swings in my trading account. Friday's Close $1.66."
(ETFC) ETRADE Financial Corporation, through its subsidiaries, provides online brokerage and related products and services primarily to individual retail investors, under the brand name of ETRADE Financial worldwide. It offers various brokerage products and services, including automated order placement and execution of the U.S. and international equities, currencies, futures, options, exchange-traded funds, mutual funds, and bonds. The company also provides quick transfer, wireless account access, extended hours trading, quotes, research, and advanced planning tools. Its banking products and services include checking, savings, sweep, money market, and certificates of deposit products. ETRADE Financial primarily provides its services through its Web site at etrade.com, as well as through its network of customer service representatives, relationship managers, and investment advisors. The company was founded in 1982 and is based in New York, New York.
Web Site: http://www.etrade.com
News Link: http://finance.yahoo.com/q?s=etfc
(AMD)
"I believe AMD has given subscribers a nice return and the play is ok for small gains but I don't think a 100% move is going to happen any time soon. AMD has a had a nice move since its bottom in January 09. The company is going to stay around for awhile so any correction makes this stock look interesting for a long term hold. Friday's Close $8.66."
(AMD) Advanced Micro Devices, Inc., a semiconductor company, provides processing solutions for the computing, graphics, and consumer electronics markets in the United States, Canada, Europe, and Asia. It offers microprocessor products, including servers and workstation microprocessors, notebook microprocessors, and desktop microprocessors; embedded processor products; chipset products, including IGP and discrete chipsets; and graphics products, such as 3D graphics, and video and multimedia products for use in desktop and notebook personal computers (PCs), including home media PCs, professional workstations, and servers, as well as technology for game consoles.
Web Site: http://www.amd.com
News Link: http://finance.yahoo.com/q?s=amd
(DSCO)
"DSCO continues to get a little attention Friday. This is volatile stock, biotechnology company waiting on FDA approvals. Just a hint from the company about where they are at in the process makes this stock run but it is a risk play dependent on an FDA approval. Friday's Close $.74"
(DSCO) Discovery Laboratories, Inc is creating a fully-integrated biotechnology company committed to the development and commercialization of novel Surfactant Replacement Therapies (SRTs™) with potential application across the respiratory disease continuum. Surfactant is produced naturally in the lungs and is essential for normal breathing throughout life. Our product platform is based on a novel pulmonary surfactant technology intended to establish a completely new, therapeutic approach in the treatment of respiratory disease, with a targeted initial application in premature infants.
Web Site: http://www.discoverylabs.com
News Link: http://finance.yahoo.com/q?s=dsco
(LEHMQ)
High Risk BK Settlement Play
" I sold LEHMQ and I am watching to see if it moves lower into year end. I am prepared to buy my position back and the hint of news." Friday's Close $.074.
LEHMQ is one of the entities of Lehman's that is expecting a settlement offer. Lehman's is huge expecting upwards towards 100 billion in settlements from banks around the world.
Other Lehman Stocks: LEHKQ, LEHLQ, LHHMQ, LEHNQ
Lehman Administrator Looks to Dole Out Assets
http://www.cnbc.com/id/33174036
Web Site: http://www.lehman.com
News Link: http://finance.yahoo.com/q?s=LEHMQ.PK
(C)
"C made a nice dip under $4.00. The last two days the trading and accumulation was noticeable. This is a stock that can go either direction and currently it's pointing lower. I am not a buyer just a watcher. Friday's Close $3.95.
(C) Citigroup Inc., a global financial services company, provides consumers, corporations, governments, and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. The company has two primary segments, Citicorp and Citi Holdings. The Citicorp segment operates as a global bank for businesses and consumers with two primary businesses, Institutional Clients Group and Regional Consumer Banks.
Web Site: http://www.citigroup.com
News Link: http://finance.yahoo.com/q?s=c
(JAZZ)
"Jazz is trying to get set for another leg higher. This is a stock of interest to me. It's a stock for you to follow and watch for the next move higher. Friday's Close $8.04"
(JAZZ) Jazz Pharmaceuticals - integrating innovative products with valuable programs and resources to benefit patients in neurology and psychiatry.
We are a specialty pharmaceutical company that identifies, develops and commercializes innovative products to satisfy unmet medical needs in neurology and psychiatry.
Our unwavering commitment to improving patient care is demonstrated every day through unique patient and physician programs and our ongoing collaboration with patients, physicians and advocacy groups. Building collaborative relationships that foster innovation is the key to our success.
Web Site: http://www.jazzpharmaceuticals.com
News Link: http://finance.yahoo.com/q?s=JAZZ
(CROX)
"This is a come back play I have followed since it dropped from $80.00 to under $1.00. This is a stock I like for long term. CROX could be a ling term nice percentage return stock if you have time to hold the shares. CROX made a nice move last week before giving part of it back Friday. Friday's Close $5.41"
Crocs, Inc. is a designer, manufacturer and retailer of footwear for men, women and children under the Crocs brand.
All Crocs brand shoes feature Crocs’ proprietary closed-cell resin, Croslite, which represents a substantial innovation in footwear. The Croslite material enables Crocs to produce soft, comfortable, lightweight, superior-gripping, non-marking and odor-resistant shoes.
Web Site: http://www.crocs.com
News Link: http://finance.yahoo.com/q?s=CROX
(VCLK)
Friday's Close $9.68.
About ValueClick, Inc.
ValueClick, Inc. provides online advertising campaigns and programs for advertisers and advertising agency customers in the United States and Europe. It operates in four segments: Media, Affiliate Marketing, Comparison Shopping, and Technology. The Media segment provides a range of online media solutions in the categories of display/Web advertising, lead generation marketing, email marketing, search marketing, comparison shopping, and promotional and industry-focused online content to advertisers and advertising agencies. It also sells consumer products directly to end-user consumers through its own e-commerce Web sites. The Affiliate Marketing segment offers technology and services that enable advertisers to manage, track, and analyze a range of online marketing programs. The Comparison Shopping segment enables consumers to research and compare products from online or offline merchants using the company's technology. This segment gathers product and merchant data, and organizes it into a catalog on the Web sites along with reviews. The Technology segment provides technology infrastructure tools and services that enable advertisers and advertising agencies to implement and mange their online display advertising and email campaigns; and that assist online publishers with management of their Web site inventory.
Web Site: http://valueclick.com/about/
News Link: http://finance.yahoo.com/q?s=vclk
(Q)
Friday's Close $4.11
About Qwest
Customers coast to coast turn to Qwest's industry-leading national fiber-optic network and world-class customer service to meet their communications and entertainment needs. For residential customers, Qwest offers a new generation of fiber-optic high-speed Internet service, as well as digital home phone, Verizon Wireless, and DIRECTV services. Qwest is also the choice of 95 percent of Fortune 500 companies, offering a full suite of network, data and voice services for small businesses, large businesses, government agencies and wholesale customers. Additionally, Qwest participates in Networx, the largest communications services contract in the world, and is recognized as a leader in the network services market by a leading technology industry analyst firm.
Web Site: http://www.qwest.com
News Link: http://finance.yahoo.com/q?s=q
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Release of Liability: Through use of LLC Company/WillyWizard.com email newsletters and website you agree to hold LLC Company/WillyWizard.com, its operators, owners, and employees harmless and completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. The owner, publisher, editor and their associates are not responsible for errors and omissions. Always be aware you could lose your entire investment investing in the stock market. The opinions in this newsletter are just that the Editors opinion and should not be looked at as investment advice. The LLC Company/WillyWizard.com and/or its affiliates may from time to time have positions in the securities mentioned herein, may increase or decrease such positions without notice, and may profit from such transactions. The advertised party may have shares and may liquidate, which may affect the stock's price. The LLC Company/WillyWizard.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice.
Please read our full disclaimer at http://www.willywizard.com
The LLC Company has been compensated four thousand dollars by K.C. for one week (12/12 - 12/18) services to publicly and electronically disseminate information pertaining to FROI.
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The LLC Company has been compensated four thousand dollars by Oceaninc for one week (12/06 - 12/12) services to publicly and electronically disseminate information pertaining to SATM.
The Editor does reserve the right to buy, sell or trade shares in the mentioned stocks. I am currently holding DSCO (25,000 shrs), ETFC (13,500 shrs).I am trading ETFC regularly so a position can change intra day. I hold other stocks in my portfolio not mentioned in this newsletter. None of these stocks remain in my portfolio for long. I am a trader so I sell when a profit exists. The Editor does reserve the right to buy, sell or trade shares in all mentioned stocks without notice.
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