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At the end of each trading week, Hillbent scans for 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 ETF Trends Report 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 (08-07-2009)

Wkly Wkly Vol Avg 5D Vol Hillbent
Company Ticker Price % Chg % Chg % Chg Grade
O Charleys CHUX $9.15 -11.94 54 28 B
Calif Pizza Kit CPKI $14.93 -9.52 73 54 B
Dyncorp Intl-A DCP $16.95 -16.54 1082 322 B
Divx Inc DIVX $5.41 -7.20 183 121 B
Dolan Media Co DM $11.90 -12.69 301 127 A
Enernoc Inc ENOC $26.48 -13.69 117 252 B
Excel Maritime EXM $7.48 -17.07 240 100 B
Fti Consulting FCN $46.90 -13.83 551 296 B
Mellanox Tech MLNX $13.72 -13.33 141 239 B
Targa Resources NGLS $16.65 -12.28 160 209 B
Plains Expl&Prd PXP $25.98 -9.32 44 68 B
Rehabcare Group RHB $21.41 -11.01 199 75 B
Swift Energy Co SFY $17.99 -8.68 386 186 B
Sirona Dental SIRO $23.90 -8.04 293 357 B
Sun Life Finl SLF $30.94 -9.27 29 34 A
Stec Inc STEC $29.15 -14.49 278 145 A
Skyworks Solutn SWKS $11.23 -7.04 32 25 B
Tekelec Inc TKLC $16.49 -10.33 86 83 B
Tessera Tec Inc TSRA $26.20 -6.73 49 32 A
Orthovita Inc VITA $5.27 -19.27 315 187 B

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 (08-07-2009)

Wkly Wkly Vol Avg 5D Vol Hillbent
Company Ticker Price % Chg % Chg % Chg Grade
Amcol Intl Cp ACO $20.88 11.01 -27 -5 E
Amer Dairy Inc ADY $29.09 9.03 -15 -42 E
Assurant Inc AIZ $27.32 7.05 -36 -4 E
Astec Inds Inc ASTE $29.29 8.24 -19 -34 E
Belden Inc BDC $20.16 14.94 -43 -7 D
Baldor Electric BEZ $28.10 9.08 -38 -15 D
Columbus Mckinn CMCO $15.58 7.67 -20 -10 D
Amer Ecology ECOL $17.79 8.94 -55 -14 E
Gardner Denver GDI $31.26 7.09 -55 -35 D
Harman Intl Ind HAR $26.61 7.82 -37 -65 E
Harley-Davidson HOG $23.76 5.13 -8 -20 E
Hexcel Corp HXL $10.90 6.76 -60 -58 D
Jacobs Engin Gr JEC $43.74 6.74 -43 -15 D
Lincoln Natl-In LNC $22.64 6.84 -18 -17 D
Myr Group Inc MYRG $19.49 8.16 -20 -52 D
Omnicom Grp OMC $35.99 5.85 -9 -13 D
Pinnacle Fin Pt PNFP $16.80 7.69 -39 -21 D
Wabtech WAB $37.37 11.06 -13 -18 D
Whitney Hldg WTNY $10.42 18.95 -5 -16 E

Disclosures: 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.

Source: 20 'Bathwater Babies' and 19 'Dogs with Fleas' for the Week