16 'Bathwater Babies' and 17 'Dogs with Fleas' for the Week

At the end of each trading week, Hillbent scans the equity market for potential anomalies which exhibit extremely oversold and overbought conditions. Past observations have revealed that such candidates may experience reversal corrections to the upside or downside once the market reconfirms that their fundamentals remain solidly intact or relatively poor. From a contrarian perspective, these lists may also serve as a precursor to changes in institutional sentiment and underlying fundamentals.

(The purpose of this report is not to provide specific recommendations, but instead serve as a time-saving reference tool and starting point for investment ideas as the upcoming trading week unfolds. Of course, the results generated are not always perfect and users are strongly encouraged to perform their own due diligence on these names. Note that overbought and oversold conditions are based upon proprietary algorithms and quantitative models instead of conventional technical analysis indicators. As a supplement to this report, please refer to our Market Condition Summary to determine if market direction trends support a bullish or bearish investment bias over short-term, intermediate, and long-term timeframes.)

1) Stocks with Hillbent’s proprietary "A" (strongest) or "B" (next strongest) ranking in terms of positive fundamentals for revenue and earnings stability comprise what is better known as the "Weekly Babies With Bathwater" watchlist. (See results below)

Weekly Babies With Bathwater (06-12-2009)

2) Stocks with Hillbent’s proprietary "E" (weakest) or "D" (next weakest) ranking in terms of negative fundamentals for revenue and earnings stability represent what is better known as the "Weekly Dogs With Fleas" watchlist. (See results below)

Weekly Dogs With Fleas (06-12-2009)

Disclosure: Hillbent.com, Inc. or its affiliates may own positions in the equities mentioned in our reports. We do not receive any compensation from any of the companies covered in our reports.

Comments

[PutneyHillYank:]

Well the find of TNDM is healthy -not so sure on SOLF but will review. I know I blew it out at early part of our rally over 880 S+P. Personallly feel a fool as I own good deal of metal and looking at Kitco this AM its gonna be a bad open on that front. I have HBMFF and HighVeld ADR. Good luck esp on TNDM

Jun 15 06:16 AM

[change is t...:]

Not sure if the proprietary aspect makes a difference as to whether a baby this week could be a next week dog. The fear of following the whole list is found if any one could switch. If switching does occour, then the overall analysis is only a recipe for getting consistiently whipsawed.
While you say this is only a start for due dilligence, consistient proprietary success (read solid results) is the reason to start with your work. As a suggestion, don't just report next week picks, report last weeks results too.

Jun 15 10:50 AM

[Perry B:]

I was just thinking of putting into SOLF at 7.09. Yes I would have been kicked out in thirty minutes. There are four days left to option expiration. I have noticed with green stocks they are option driven. SOLF will take your option money everytime they can. So what I see is the big dogs (without fleas) are taking profit. The bathwater baby traders are getting their monthly bath and salvaging what they can before the last of the water goes down the drain at expiration.

Jun 15 11:51 AM