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Sunday, March 21, 2010

Stocks to Buy and Watch Before and After Congress Pass - The Health bill passes and on monday ( CMG ) Chipotle Mexican Grill ..

Motorola ( Mot ) 7.18 -0.17 -2.31%) has had a nice run over the past days. At this stage, we can see that MOT is now testing its line resistance at 7.44. A break of this resistance level could see the stock testing its strong horizontal resistance line at 7.72. Technical indicators are bullish as MACD momentum and histograms trend higher in positive territory and RSI is moving up. If this chart does what is supposed to do, it will be going higher in the days to come. At the moment, there is no reason to sell the stock.


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OceanFreight : 0.77 -0.009 -1.16%) tried to move on Friday, but the weak market held it back. The near-term outlook would depend on the price movement in the next few days. A close above $0.80 would impart bullishness and would help the stock move to the 0.85-0.89 band. A drop below $0.71 would have negative implications. Looking at the technical chart, they seem to have been building a base since February and the Stochastic Oscillator is registering a strong bullish signal as the %K has crossed above the %D and the oscillator recently moved above the critical value of 20 and is no longer oversold.

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GigaMedia 3.16 -0.02 -0.63%) pulled back a bit this week, as the stock followed the market. I like the daily chart for this stock and expect to see another upside move soon. Resistance stays at $3.32, which was Wednesday’s high. I will want to watch the stock for the next few days, because this move should occur soon.

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Eline Entertainment Group ( 0.021 +0.001 +5.00%) - I told you Thursday about EEGI and Friday the stock hit a high of 25 cents with more than 600.000 shares traded. Looking at the technical daily chart, the short-term outlook for the stock is bullish with both 20, 50 and 200 daily moving averages going up. The stock has just tested its medium-term uptrend line support at $0.012 and rebounded. Further test of this uptrend line is possible. If the uptrend line is not violated, this could be a good entry. EEGI is volatile, so use your stops if the stock does not follow through.

Stock to Buy After Congress Pass The Health Bill

Chipotle Mexican Grill, Inc. (NYSE:CMG) 

 $113.63 Target price $ 176.00

Chipotle tests lower-priced menu items.(RESTAURANTS)(Chipotle Mexican Grill): An article from: ColoradoBiz 

Chipotle Mexican Grill, Inc. (Chipotle) develops and operates fast-casual, Mexican food restaurants in 35 states throughout the United States, the District of Columbia, and Ontario, Canada. As of December 31, 2009, the Company operated 956 restaurants. Chipotle’s restaurants serve a focused menu of tacos, burritos, salads and burrito bowls (a burrito without the tortilla). The Company manages its operations and restaurants based on five regions and has aggregated its operations to one segment. The Company categorizes its restaurants as either end caps (at the end of a line of retail outlets), in-lines (in a line of retail outlets), free standing or other. Of its restaurants in operation as of December 31, 2009, Chipotle had 198 free-standing units, 577 end-cap locations, 150 in-line locations and 31 other. The average restaurant size is about 2,600 square feet and seats about 55 people. Most of its restaurants also feature outdoor patio space. his company is well run and I love that they are now looking to expand overseas - lord knows the UK needs a decent burrito place. Clean balance sheet and management with long-term outlook.High quality, tasty food with fast, fast, fast food service makes it a winner as more people increasingly seek high quality, fast options for food. Still lots of room for national growth. I beleive this stock will outperform the S&P 500 and a majority of its competitors. Chipotle spinning off of McDonalds was the best thing that could have happened both for the company and the consumers. McDonalds would have deteriorated the quality of the food and management realized that. Chipotle has seen significant growth in its store openings and they continue to do so. Chipotle also positions itself in very good locations giving them an edge over competitors. Chipotles is also a much healthier "fast food" than the alternative for a very respectable price. I see this company with great upside and with a fairly cheap valuation. I believe Chipotle will beat the market because I think healthier eating is a major trend. I think Chipotle will continue..Addictive food. Great following. Great growth. Good balance sheet.Buy,Buy,Buy............


Other Stocks to Watch:
Earnings Announcements for Monday
Adams Resources & Energy - AE - 0.78 - Time Not Supplied
Air Transport Services Group, Inc. - ATSG - 0.2 - Time Not Supplied
Aradigm Corporation - ARDM.OB - (-0.02) - Time Not Supplied
Biosante Pharmaceuticals, Inc. - BPAX - (-0.11) - Time Not Supplied
BPZ Resources, Inc - BPZ - (-0.02) - Time Not Supplied
Cano Petroleum, Inc. - CFW - (-0.02) - Time Not Supplied
Central Virginia Bankshares - CVBK - 0.13 - Time Not Supplied
Chemspec International Limited - CPC - 0.2 - Time Not Supplied
Companhia Paranaense de Energia (Copel) - ELP - 0.52 - After Market Close
CTI Industries - CTIB - 0.09 - Time Not Supplied
DIGITAL ALLY INC - DGLY - 0.06 - After Market Close
DXP Enterprises - DXPE - 0.18 - 4:00 pm ET
FIFTH STREET FINANCE CORP - FSC - 0.27 - Time Not Supplied
Hallmark Financial Services - HALL - 0.22 - Time Not Supplied
Hastings Entertainment - HAST - 0.57 - Before Market Open
HOUSTON AMERN ENERGY CORP - HUSA - 0.01 - Time Not Supplied
INNOVARO INC - INV - (-0.1) - 4:15 pm ET
KHD HUMBOLDT WEDAG INTL LTD - KHD - 0.11 - Time Not Supplied
MERCANTILE BANCORP INC ILL - MBR - (-0.11) - Time Not Supplied
Mistras Group, Inc. - MG - 0.05 - Time Not Supplied
NEUROLOGIX INC - NRGX.OB - (-0.11) - Time Not Supplied
Nexxus Lighting, Inc. - NEXS - (-0.17) - Time Not Supplied
North Valley Bancorp - NOVB - (-0.15) - Time Not Supplied
Northwest Pipe Co. - NWPX - (-0.11) - Time Not Supplied
Oxygen Biotherapeutics, Inc. - OXBT - (-0.12) - Time Not Supplied
Phillips-Van Heusen - PVH - 0.59 - After Market Close
Rite Aid Corporation - RAD - (-0.19) - Time Not Supplied
Scholastic - SCHL - (-0.13) - Time Not Supplied
TENGASCO INC - TGC - 0.01 - Time Not Supplied
Texas Industries - TXI - (-0.82) - Time Not Supplied
THE9 LTD - NCTY - (-0.53) - Time Not Supplied
Tiffany & Co. - TIF - 1.13 - Before Market Open
Williams-Sonoma - WSM - 0.73 - Before Market Open
Zoom Technologies Inc. - ZOOM - 0.2 - Time Not Supplied

Earnings Announcements for Tuesday

Adobe Systems - ADBE - 0.37 - After Market Close
Ambac Financial Group - ABK - (-3.34) - Time Not Supplied
Antares Pharma, Inc. - AIS - (-0.03) - After Market Close
Companhia Energetica de Minas Gerais (CEMIG) - CIG - 0.37 - After Market Close
Cyclacel Pharmaceuticals, Inc. - CYCC - (-0.19) - Time Not Supplied
Darden Restaurants - DRI - 0.92 - After Market Close
Electro-Optical Sciences, Inc - MELA - (-0.24) - Time Not Supplied
Jabil Circuit, Inc. - JBL - 0.27 - 4:00 pm ET
KB Home - KBH - (-0.42) - Before Market Open
KOHLBERG CAPITAL CORP - KCAP - 0.23 - Time Not Supplied
Lime Energy Co. - LIME - (-0.08) - After Market Close
MDRNA, Inc. - MRNA - (-0.18) - Time Not Supplied
Ore Pharmaceuticals Inc. - ORXE - (-0.2) - Time Not Supplied
Pharmathene - PIP - (-0.21) - After Market Close
Psychemedics Corporation - PMD - 0.06 - Before Market Open
Sonic Corp. - SONC - 0.02 - After Market Close
Transcept Pharmaceuticals Inc. - TSPT - (-0.24) - After Market Close
Vertro, Inc. - VTRO - 0.01 - After Market Close
Walgreen - WAG - 0.71 - 07:30 am ET
WATERSTONE FINANCIAL INC - WSBF - (-0.01) - Time Not Supplied
ZST DIGITAL NETWORKS INC - ZSTN - 0.29 - Time Not Supplied
Earnings Announcements for Wednesday
Aeterna Zentaris Inc. - AEZS - (-0.18) - Before Market Open
American CareSource Holdings, Inc. - ANCI - 0.01 - After Market Close
Bellway PLCBWY.LN/ATime Not SuppliedAdd
CKE Restaurants - CKR - 0.07 - After Market Close
Commercial Metals Company - CMC - (-0.47) - Time Not Supplied
dELiA*s Inc. - DLIA - (-0.06) - Before Market Open
EUROBANCSHARES INC - EUBK - (-0.65) - Time Not Supplied
Full House Resorts - FLL - 0.07 - After Market Close
General Mills, Inc. - GIS - 0.93 - Before Market
Lennar Corporation - LEN - (-0.3) - Before Market Open
MAGNUM HUNTER RES CORP DEL - MHR - (-0.03) - Time Not Supplied
Paychex - PAYX - 0.33 - After Market Close
Pebblebrook Hotel Trust - PEB -0.11After Market Close
Red Hat, Inc. - RHT - 0.16 - Time Not Supplied
Robbins & Myers - RBN - 0.14 - Before Market Open
Earnings Announcements for Thursday
Accenture - ACN - 0.61 - After Market Close
ADA ES INC - ADES - (-0.36) - Before Market Open
American Apparel - APP - 0.04 - After Market Clos
Ameron International - AMN - 0.56 - Time Not Supplied
Best Buy Co., Inc. - BBY - 1.79 - Before Market Open
CHINA AUTOMOTIVE SYS INC - CAAS - 0.17 - Before Market Open
Companhia de Saneamiento Basico (SABESP) - SBS - 1.39 - Time Not Supplied
ConAgra Foods - CAG - 0.43 - Before Market Open
Conn’s, Inc. - CONN - 0.02 - Before Market Open
Cost Plus - CPWM - 0.45 - After Market Close
Fred’s - FRED - 0.15 - Time Not Supplied
Interleukin Genetics - ILI - (-0.08) - Time Not Supplied
lululemon athletica inc. - LULU - 0.29 - Time Not Supplied
MANITEX INTL INC - MNTX - 0.1 - After Market Close
McCormick & Company, Inc. - MKC - 0.48 - Before Market Open
MINES MGMT INC - MGN - (-0.08) - Time Not Supplied
Oncothyreon Inc. - ONTY - (-0.13) - Time Not Supplied
Oracle - ORCL - 0.38 - After Market
Overstock.com Inc - OSTK - 0.45 - Time Not Supplied
Saba Software, Inc. - SABA - 0.06 - After Market
Smart Modular Technologies - SMOD - 0.14 - After Market Close
Spectrum Control - SPEC - 0.2 - After Market Close
SYNNEX Corporation - SNX - 0.62 - After Market Close
The Wet Seal, Inc. - WTSLA - 0.08 - After Market Close
TIBCO Software - TIBX - 0.1 - After Market Close
UTi Worldwide Inc. - UTIW - 0.15 - Before Market Open

The daily chart created a bullish engulfing candlestick formation on Friday

TSN - TYSON FOODS INC CL A
D - DOMINION RESOURCES .
LEAP - LEAP WIRELESS INTL
TEL - Tyco Electronics Ltd
AMT - AMERICAN TOWER CORP
WNR - WESTERN REFINING INC
NPBC - National Penn Bancs
PRE - PARTNER RE LTD
DLR - DIGITAL REALTY TRUS
NCS - N C I BUILDING SYS INC
CPA - COPA HOLDINGS S
ALXN - Alexion Pharmaceutical
QCOR - Questcor Pharm
THO - THOR INDUSTRIES INC
ACL - Alcon Inc
ATK - ALLIANT TECHSYSTEMS
KAR - KAR Auction Service
CMED - CHINA MEDICAL TECH 14
ATV - Acorn International
DGW - Duoyuan ADR

1 comment:

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