Dr. Kris hails from the land o' lakes, beer, bratwurst, and Bucky Badger. She traded in her cheese hat for a propeller beanie and has never looked back. She has two degrees from MIT because one just wasn't enough. Her life goal was to figure out the universe and having done that (at least to her... More
Daily picks, pans, and market notes from StockMarketCookBook.com:
Breaking Out to New Highs: AMS, CTRP, CYD, EAR, FOSL, HCKT, HEW, HMIN, IPHS, KYN, LIFE, NFLX, NP, PCLN, SFD, TWTC, VOCL Breaking Out to New Highs on lower volume: ABC, CAH, CFN, CPSI, ED, EVR, GY, KOF, MDVN, MKC New Lows: CXS, FRME, LMNX, PMT, RST, SMTB, WNR, WSBC Breaking Out: HCKT, IO, IPHS, ONTY, PRVT, SGK, UPG, XPO Breaking Out on Lower Volume: BIOF Breaking Down: ALJ, CBEY, CF, ESC, SDTH, STRA, TM, ZION Low-priced Leaders: VMED Speculative leaders: DEER, ROIAK Steady Eddies: GPN, K Sector Highs: Internet HHH, Health Care XLV, Global H. Care IXJ Market Notes: Markets stalling; internals tepid; big move into defensive stocks--Nobody doesn't like Sara Lee (SLE)!
Morgan Stanley is graduating the country of Israel from its Emerging Markets Index to developed status. Good for Israel!...or is it?
A report from the Milken Institute paints a less rosy picture. In it, they predict that investor reaction could cause an outflow of $2.5 billion (USD) which would have significant impact on liquidity, cost of capital, and overall economic performance.
I guess in an investment environment where emerging markets are expected to outperform developed markets, it's rather sad that when a country works as hard as Israel to "make it", it gets slapped down for doing so.
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*Blue Plate Specials* - Nov. 10
Breaking Out to New Highs: AMS, CTRP, CYD, EAR, FOSL, HCKT, HEW, HMIN, IPHS, KYN, LIFE, NFLX, NP, PCLN, SFD, TWTC, VOCL
Breaking Out to New Highs on lower volume: ABC, CAH, CFN, CPSI, ED, EVR, GY, KOF, MDVN, MKC
New Lows: CXS, FRME, LMNX, PMT, RST, SMTB, WNR, WSBC
Breaking Out: HCKT, IO, IPHS, ONTY, PRVT, SGK, UPG, XPO
Breaking Out on Lower Volume: BIOF
Breaking Down: ALJ, CBEY, CF, ESC, SDTH, STRA, TM, ZION
Low-priced Leaders: VMED
Speculative leaders: DEER, ROIAK
Steady Eddies: GPN, K
Sector Highs: Internet HHH, Health Care XLV, Global H. Care IXJ
Market Notes: Markets stalling; internals tepid; big move into defensive stocks--Nobody doesn't like Sara Lee (SLE)!
Disclosure: No positions
*Blue Plate Specials* - Nov. 9
Breaking Out to New Highs: ABV, ACFN, ADBE, ANV, CAAS, EGO, EONC, GG, HDB, IGLD, KGN, LCAPA, QMM, REV, RSH, SMCI, TAM, TRW
Breaking Out to New Highs on lower volume: ABX, AMP, ASIA, BP, BTM, BUCY, CBD, CJA, CML, CTSH, EMN, GOOG, HPQ, ITUB, LIHR, MCK, MSTR, MWV, SAN, SNHY, TRH, TRV, TSP, UIS, VALE, VIA, WAT, WYN
New Lows: APOL, MYGN
Breaking Out: EWBC, MFW, MRM, OPTT
Breaking Down: ALNY, CCOI, CFSG, DROOY, ETM, MELA, TBSI
Low-priced Leaders: KGN, VMED
Speculative leaders: ROIAK
Sector & Currency Notes: Retail stocks report this week; US $ continues to fall
Country Highs: Sweden EWD, BRIC EEB, Brazil BRF, Chile ECH, UK EWU, China FXI, GXC, CHN
Commodity Notes: Some gold stocks breaking out but the metal is off its high; Zinc (ZINC) & Moly (GMO) moving up; Nat. gas falling (GAZ, UNG)
Bullish Signs: VIX continues to drop; SPX breaks 1090, DTX breaks 390
Bearish Signs: Extremely low TRIN indicates market reversal; DTX needs to break 400 & SPX 1100
Trader's Note: Telecom provider EONC up almost 100% on 500x normal volume on stellar revenues (currently at $3.20)
Disclosure: No positions
*Blue Plate Specials* - Nov. 6
Breaking Out to New Highs: ABVT, ARST, COHR, EXLS, GOLD, IAG, ISSI, MGPI, MXB, SHPGY, SNIC
Breaking Out to New Highs on lower volume: AMZN, CTL, GOL, MA, NETC, PRGO, YZC
New Lows: RST, WFD
Breaking Out: ASEI, GRS, NEM
Breaking Down: ACCL, ALSK, CROX, CVI, GOK, HANS, KNOT, LXU, OCN, PHI, RAIL, RRGB, SAPE, STEC, SUN
Speculative leaders: ROIAK
Metal Highs: Gold (GLD, IAH), Platinum (DBP)
Cooling Off: Agriculture
Market Notes: A mixed bag: Bullish signs--VIX continues to drop, DTX rises; Not so bullish--SPX can't break 1070, VWAPs still tepid
Disclosure: No positions
Israel graduates to developed nation status, but is that good?
A report from the Milken Institute paints a less rosy picture. In it, they predict that investor reaction could cause an outflow of $2.5 billion (USD) which would have significant impact on liquidity, cost of capital, and overall economic performance.
I guess in an investment environment where emerging markets are expected to outperform developed markets, it's rather sad that when a country works as hard as Israel to "make it", it gets slapped down for doing so.
Something's not right...
*Blue Plate Specials* - Nov. 5
Breaking Out to New Highs: AMMD, AWI, BGFV, BONT, CEVA, CTL, DGIT, DTV, FSYS, ITWO, KFRC, LMDIA, MED, MELI, RX, PTI, TTES, UFPT, UVE
Breaking Out to New Highs on lower volume: ADP, APU, AXP, CE, GPN, GY, HOLI, ICLK, KWR, LFUS, MSPD, OSK
New Lows: ELMG, LMNX, PCS
Breaking Out: BKCC, FCN, PWER
Breaking Down: AEO, ANDE, ARO, CVS, DUF, EBIX, FRED, GLBL, HCN, HXM, PL, SMSI, TAP
Low-priced leaders: PLX
Heating up: Biotech, Healthcare, Pharma
Market Notes: VIX tumbling on bullish economic news; bullish sentiment increasing; need DTX to close over 380 for rally to have legs
Trading Notes: Money moving into small stocks; look at largest % gainers < $10
Disclosure: No positions
*Blue Plate Specials* - Nov. 4
Breaking Out to New Highs: BBBB, BOFI, CEF, CRVL, DVA, EAR, ENMD, FMS, HYC, MFN, MPAC, MYL, QTM, SLH, VPRT, WCG
Breaking Out to New Highs on lower volume: ADM, MSPD, PTI, V
New Lows: SMTB, WSBC
Breaking Out: AKRX, PMACA, PRVT, STE
Breaking Down: BPFH, CNW, DUF, HPY, HSNI, JAKK, SFE, SHOO, STEC, TRLG
Low-priced leaders: PLX
Sector Highs: Gold (GLD, IAU)
Market Notes: Broad sector rally despite tepid buyside conviction (low +VWAPs); Falling DTX could lead market lower
Market Alert: FOMC rate decision at 2:15pm ET; Any indication of inflation sentiment could move the market
Disclosure: No positions