BQI CHART

This stock is bucking the overall market trend based on takeover rumors from Chevron.

Market Review 7/31

SUNW

Sun Microsystems, Inc. beat earnings and has a good tone to it so keep it on the radar this week.

Pre-Market Gappers

Gapping up:

OLED +88.0%, HW +22.8%, UA +17.8%, MALL +17.3%, SUNW 10.6%, WEN +9.5%, CBG +9.5%, DJ + 8.1%, RYAAY +7.6%, ONNN +6.7%, GM +6.7%, GPCB +6.2%, MR +5.9%, MOS +5.2%...

Gapping down:

DXPE -16.5%, IVAC -15.3%, HMA -10.2%, SUNH -9.4%, SIMO -9.1%, ALU -8.6%, MTG -7.6%, SOFO -6.7%

S&P futures vs fair value: +11.0. Nasdaq futures vs fair value: +15.5.

Early indications suggest Monday's broad-based bounce will carry over into today's opening bell. Both the S&P 500 and Nasdaq 100 futures have been trading above fair value all morning but have recently spiked to their best levels after Dow component General Motors (GM) swung to a much larger than expected Q2 profit. Some end-of-the-month window dressing on the part of portfolio managers also appears to be contributing to the positive disposition as investors await the release of the Fed's favored inflation gauge -- the core PCE (8:30 ET).

BCON CHART

BCON has formed a triangle pattern and breaking $1.90-2.00 would be bullish.

PETS CHART

PETS has formed a nice bull flag so keep it on the radar this week.

Market Review 7/30

NTE

Nam Tai Electronics, Inc. is acting very well today so keep it on the radar.

ESLR

Evergreen Solar, Inc. was upgraded this morning so keep it on the trading radar.

S&P futures vs fair value: -1.0. Nasdaq futures vs fair value: +3.0.

While the futures market still doesn't signal a definitive tone as to how stocks may open, signaling a relatively flat start for stocks, the one thing investors can be certain of is that trading will continue to be volatile. The absence of potentially troubling economic data is helping to clear the way for a decent recovery and offer some semblance of stabilization following last week's sizable pullback; but tomorrow brings the Fed's favored inflation gauge (i.e. core PCE) and Friday's monthly payrolls data will likely garner even more attention than usual given its ability to influence monetary policy.

HOKU

Hoku Scientific, Inc. is trading up in pre-market this morning so keep it on the radar.

Pre-Market Gappers

Gapping up:

RCCC +38.3%, GPCB +16.8%, TMY +12.9%, VVUS +10.0%, CYTR +9.8%, IR +7.5%, HRT +6.3%, HOKU +4.3%...

Gapping down:

AHM -42.9%, VCLK -15.4%, RSH -3.8%, CSG -3.5%, ELN -3.3%.

July 29 - Video - Other Indications of a Top

Here’s this week’s video from
http://www.leavittbrothers.com/. Last week the broker/dealers were covered, and this week we cover other indicators which hinted at a top being put in place.

Video - Other Indications of a Top

TGB

Taseko Mines has a good tone to it here so keep this stock on that trading radar.

Budd Foxx

USEG

U.S. Energy Corp. is acting well here in early trading so keep this stock on your trading radar.

Budd Foxx

XING

Qiao Xing Universal Telephone is acting well here in pre market trading so keep this stock on that trading radar.

Budd Foxx

Pre-Market Gappers

Gapping up:

CROX 16.41% KYPH +21%, SCMR +5%, CYMI +5.3%, PENN +0.3%...

Gapping down:

SEPR -13.8%, ALU -1.5%, SWIR -2.5%, INTC -1.3%.

Market Review 7/26

MLNX

Mellanox Technologies is acting well here in pre market trading this morning so keep this stock on that trading radar.

Budd Foxx

Pre-Market Gappers

Gapping up:

BIDU +18.0%, AFOP +10.5%, OMTR +7.8%, CMI +8.4%, AAPL +6.7%, WFR +4.8%, FORM +4.6%, SYMC +4.4%, CELG +2.6%, F +2.1%, SNE +2.3%, CROX +1.6%, QCOM +1.4%, KFT +0.9%, ICE +0.9%...

Gapping down:

WVCM -22.3%, AKAM -14.3%, CTIC -8.8%, MATR -8.5%, FFIV -5.7%, BDK -4.7%, FRZ -4.1%, MT -3.5%, SI -3.1%, HMY -2.8%, BHP -3.0%, DHI -2.8%, SPWR -2.8%, DCX -2.2%.

ANAD

Anadigics, Inc. is acting very well in early trading so keep it on the radar.

Pre-Market Gappers

Gapping up:

AMZN +23.2%, EGLE +15.4%, ALGN +14.1%, WZEN +11.1%, CKSW +10.2%, GGBM +9.6%, ILMN +9.3%, ALXN +8.7%, AEHR +8.4%, BOBJ +7.4%, RFMD +7.1%, EEE +6.7%, SNWL +6.4%, MVIS +5.1%, BA +3.1%...

Gapping down:

GPCB -29.8%, SPPI -16.7%, HOKU -15.8%, NTRI -12.8%, JOYG -11.9%, GLW -4.5%, STM -4.2%, PNRA -3.8%.

Market Review for 7/24

BCON

Beacon Power Corp. is trading up here today so keep this stock on that trading radar.

Budd Foxx

GGBM

GigaBeam Corp. is rippin here this morning so keep this stock on that watchlist.

Budd Foxx

ASTI

Ascent Solar Technologies Inc. has gone green here so keep this stock on that trading radar.

Budd Foxx

SKIL CHART

This security breaks out over $9.40 per share so keep it on the radar this week.

Pre-Market Gappers

Gapping up:

MVIS +17.7%, OIIM +14.1%, NRMX +10.0%, FONR +9.0, AMSC +8.0%, UCTT +7.9%, OCNF +5.7%, DGX +4.4%...

Gapping down:

MICC -12.0%, CFC -8.8%, ATHR -6.4%, FIA -6.4%, WYE -5.5%, NFLX -5.4%, BZH -5.1%, TXN -3.6%, CRDN -3.4%.

ANO CHART

ANO breaks out over $3.10 per share so keep it on the radar this week.

JSDA

Jones Soda Company is acting well here today so keep this stock on that trading radar.

Budd Foxx

SIRI

Sirius Satellite Radio has a good tone to it today so keep this stock on that watchlist.

Budd Foxx

IMMR

Immerson Corp. really acting well here today so keep this stock on that trading radar.

Budd Foxx

ELN

Elan Corp. is acting well here this morning so put this stock on that watchlist.

Budd Foxx

CRNT

Ceragon Networks is acting well here in early trading so keep this stock on that trading radar.

Budd Foxx

NCST

Nucryrst Pharmaceuticals Corp. is acting well here in pre market this morning so keep this stock on that trading radar.

Budd Foxx

BWTR

Basin Water is trading up just a bit here in pre market trading this morning so keep this stock on that watchlist.



Budd Foxx

Pre-Market Gappers

Gapping up:

OPSW +34.7%, TLAB +19.8%, ARRO +16.9%, TASR +11.7%, EFUT +11.4%, EVVV +11.0%, CALM +10.2%, FOXH +8.2%, GSF +7.4%, RIG +6.4%, AXL +4.8%, MRK +4.6%, NCST +4.5%, SGP +4.3%...

Gapping down :

GPCB -16.9%, NFLX -8.1%, SPPI -6.4%, FRPT -4.1%, BBI -1.9%.

TASR

Taser International has been acting very well as of late and the company is out with better than expected earnings this morning so continue to keep this stock on that trading radar.

Budd Foxx

July 22 - VIDEO - Broker/Dealers Calling a Top?

Hi I'm the The Pattern Trader from
http://www.leavittbrothers.com/. In this video, the broker/dealers state their case a local top has been put in the market.

Video Broker/Dealers Calling a Top?

FOXH

FoxHollow Technologies has acted well past couple of trading days and is trading up here on this down day so keep this stock on that trading radar.

Budd Foxx

PMCS

PMC-Sierra Inc. actively trading to the upside here so keep this stock on that trading radar.

Budd Foxx

BCON

Beacon Power Corp. is at it again today so keep this stock on that trading radar.

Budd Foxx

NTO

Northern Orion is trading up just a bit here in pre market trading so keep this stock on that watchlist.

Budd Foxx

CLNE

Clean Energy Fuels Corp. is trading up here this morning in pre market trading so keep this stock on that trading radar.

Budd Foxx

NCST

Nucryst Pharmaceuticals Corp. is actively trading to the upside here in pre market trading this morning so keep this stock on that trading radar.

Budd Foxx

MGRM

Monogram Biosciences Inc. is trading up here in pre market trading this morning so put this stock on that watchlist.

Budd Foxx

BCON

Beacon Power Corp. is on the move here today so keep this stock on that trading radar.

Budd Foxx

TGB

Taseko Mines just continues to move higher so keep this stock on that trading radar.

Budd Foxx

ASTI

Ascent technologies Inc. seems to be perking up a bit here so keep this stock on that radar.

Budd Foxx

IO

Input/Output Inc. seems to be perking up just a bit here so keep this stock on that radar.

Budd Foxx

SLW

Silver Wheaton Corp. opening to the upside again this morning so continue to keep this stock on that watchlist.

Budd Foxx

BWTR

Basin Water acted very well yesterday and is trading up here in pre market trading so keep this stock on that trading radar.

Budd Foxx

Pre-Market Gappers

Gapping up:

AAPL, IBM, BIDU, AVCI +24.1%, WLSC +19.9%, CBST +13.6%, CLWR +12.8%, BWTR +11.5%, CTXS +9.8%, JNPR +9.5%, SAP +5.8%, SWKS +5.5%, LOCM +4.1%, BOBJ +3.9%

Gapping down:

SMIT -25%, NVEC -8.9%, VMC -5.5%, PEIX -4.6%, M -3.1%, UNH -2.6%, LOGI -1.8%, SPWR -1.8%, EBAY -1.6%.

CBST

Cubist Pharmaceuticals Inc. is also trading up here in pre market trading so keep this stock on that watchlist.

Budd Foxx

AVCI

Avici Systems Inc. is actively trading to the upside here in pre market trading so put this stock on that watchlist.

Budd Foxx

TASR

Taser International is trading up here in pre market trading so keep this stock on that trading radar.

Budd Foxx

CHB CHART

CHB breaks out over $12.15 per share so keep it on the radar today.

GSS

Golden Star Resources seems to be perking up just a bit here so keep this stock on that trading radar.

Budd Foxx

SBEI

SBE Inc. has a good tone to it here so keep this stock on that trading radar.

Budd Foxx

DYII

Dynacq Healthcare Inc. actively trading to the upside here in early trading so keep this stock on that watchlist.

Budd Foxx

BWTR

Basin Water Inc. is acting very well here in early trading so keep this stock on that trading radar.

Budd Foxx

SLW

Silver Wheaton Corp. is trading up just a bit here so keep this stock on that watchlist.

Budd Foxx

S&P futures vs fair value: -7.5. Nasdaq futures vs fair value: -13.0.

The stage remains set for stocks to open sharply lower as renewed subprime concerns and a weaker than expected batch of earnings reports gives investors several reasons to consolidate gains that lifted the Dow to four straight record closes and above the 14,000 milestone yesterday. Unfortunately for the bulls, today’s inflation data (e.g. CPI) was inconclusive and there is still little chance of even a decent rebound in housing starts over the coming months. On a positive note, Macy's (M) is soaring 15% in pre-market action amid reports that KKR is mulling a $24 bln bid, lending further evidence that liquidity remains prevalent.

COMS

3Com (WSJ's Deal Journal reports that COMS draws buyout interest)

FCEL

FuelCell Energy is trading up just a bit here in pre market trading this morning so keep this stock on that trading radar.

Budd Foxx

Pre-Market Gappers

Gapping up:

M +15.0%, OMEX +5.8%, COMS +5.5%, SWSI +5.2%, ORB +5.1%, STJ +2.2%, JCP +1.4%, CSX +1.0%...

Gapping down:

ITWO -17.5%, PPDI -11.3%, NRMX -9.3%, NFI -9.1%, INTC -4.3%, YHOO -4.1%, PKX -3.2%, JCI -3.0%, PFE -2.9%, BSC -2.7%, IFX -2.6%, DCX -2.3%.

JDAS CHART

JDSA breaks out over $20.30 per share so keep it on the radar for Wednesday.

GOAM

Goamerica, Inc. is acting very well today and could be momentum if the stock is pushing the high of the day near the close.

SWIR CHART

This security breaks out over $27.80 per share so keep it on the radar.

CHTR

Charter Communications, Inc. continues to act well so keep it on the radar.

LOCM

Local.com Corp. is actively trading to the upside here so keep this stock on that trading radar.

Budd Foxx

Low priced stocks trading on unusual volume

Here is a list of low priced stocks trading on above average volume... Trading Up: ACA (+8.5%, 11.4x avg vol for this time of day -NY Times article discussing trading in co stock), AVII (+2.4%, 9.1x -announced 'positive' pre-clinical study results presented at annual meeting of the American Society for Virology), CFW (+2.5%, 15x -announced fiscal yr-end reserves increase of 47% over prior year-end), COR (+19.1%, 38.3x -to resume clinical trial with Ampakine CX717), NGEN (+4.4%, 12.2x -began shipment of congestive heart failure product)... Trading Down: DYII (-9.7%, 1718.9x avg vol for this time of day), MBRX (-55.9%, 6081.3x -announced CS-917 Phase 2b clinical trial results), NLS (-16.5%, 100.2x -reported Q2 results), OTD (-4.8%, 53.

ARRS

Arris Group Inc. is acting well here in early trading so keep this stock on that trading radar.

Budd Foxx

AVII

AVI Biopharma Inc. is trading up here in pre market trading so keep this stock on that watchlist.

Budd Foxx

COR

Cortex Pharmaceuticals is trading up this morning in pre market trading so keep this stock on that watchlist.

Budd Foxx

Pre-Market Gappers

Gapping up:

QEPC +71%, LYO +16.6%, CTIC +5.9%, NHWK +5.0%, RAME +3.8%, MTLK +3.3%, BQI +2.9%, BRLC +2.4%, STT +2.3%, BEAS +2.2%...

Gapping down:

XING -19.8%, NLS -15.7%, JADE -10.9%, DYII -8.9%, IPCR -8.5%, MTOX -7.3%, QXM -7.0%, VSCN -4.2%, NRMX -3.9%, BHP -2.2%, KG -1.8%.

TASR CHART

TASR has a possible bull flag forming on the chart so keep it on the radar this week as it could break out to a new 52 week high.

CANDLESTICK POSITIVE INDICATORS AND GOOD CHARTS FOR: TUE

DATABASE:

ACY, GROW, NVDA, PED, PENX, SVLF, TSYS, VSR.

WATCHLIST:

DK, ESMC, TRMB.

INTERESTING CHARTS:

AIRM, ALDA, FIX, HEI, WPI.

ANO CHART

The Pattern Trader at www.leavittbrothers.com gave us this stock pick in their video and we would like it going over $2.75-2.80 per share.

AATI CHART

This security broke out today on above average volume so keep it on the radar for Tuesday as it could follow through.

Market Review for 7/16

DSTI

Daystar Technologies has gone green here so keep this stock on that watchlist.

Budd Foxx

SIRI and XMSR

Sirius and XM Satellite radio are both acting well here in early trading today so keep these stocks on that trading radar.

Budd Foxx

ASTI

Ascent Solar Technologies Inc. has a decent tone to it here in early trading so keep this stock on that trading radar.

Budd Foxx

Pre-Market Gappers

Gapping up:

BRLC +16.4%, CTIC +14.5%, FTWR +13.6%, HEPH +11.4%, GEOY +5.6%, REDF +5.1%, ETN +5.0%, HOKU +3.9%, VG +2.3%...

Gapping down:

IMMR -7.3%, FRPT -6.3%, ONT -3.6%, FSLR -2.6%, TOT -1.7%, TS -1.5%.

BRLC

Syntax Brillian Corp. is trading up here in pre market trading this morning so keep this stock on that trading radar.

Budd Foxx

CHTR CHART

This stock breaks out over $4.55 per share so keep it on the radar for Monday.

VIDEO - Review of Last Week; New Stock Picks for Next Week

We would like to welcome The Pattern Trader from
www.Leavittbrothers.com as he will be a special
guest that will post his video on the weekend that will have
potential trading setups for the week ahead. The video will
include technical analysis of chart patterns such as wedges, flags,
triangle patterns, and potential break outs etc. This video
will be posted every week.

Video New Stock Picks for Monday

DSTI CHART

Solar stocks have been very hot so keep DSTI on the radar for Monday as a possible continuation. This stock breaks out over $7.50 per share.

Market Review for 7/13

DSTI

Daystar Technologies Inc. seems to be perking up just a bit here so keep this stock on that trading radar.

Budd Foxx

TASR

Taser International is acting well again here in early trading so keep it on that watchlist.

Budd Foxx

ESLR

Evergreen Solar seems to be perking up just a bit here so keep this stock on that trading radar.

Budd Foxx

ZIOP

Ziopharm Oncology Inc. is actively trading to the upside here in pre market trading so put this stock on that watchlist.

Budd Foxx

HOKU

Hoku Scientific is trading up just a bit here in pre market trading this morning so keep this stock on that watchlist.

Budd Foxx

LOCM

Local.Com Corp. has been down 5 days in a row so keep it on the radar today.

Pre-Market Gappers

Gapping up:

ZIOP +11.1%, BQI +10.3%, MWRK +6.5%, DYAX +6.3%, PKX +6.0%, GPRO +4.2%, AA +3.4%, ESIO +3.3%, MRVC +3.2%, CREAF +3.0%, APA +2.0%...

Gapping down:

TS -4.8%, BHI -4.0%, RTP -3.4%.

Market Review for 7/12

CANDLESTICK POSITIVE INDICATORS AND GOOD CHARTS FOR: FRI

DATABASE:

ALY, CAS, CECE, GHM, GVA, HDNG,

HPQ, LMC, MCZ, NGA, SGR.

WATCHLIST:

COOL, PLL, TGT, SXE,

INTERESTING CHARTS:

AMKR, ARD, DXPE, FIX, GTI, SMDI,

SYX, BBOX, CMC, GEF, B.

URRE CHART

Going over $11.50 would be a good sign for this security. The break out is over $12 per share.

SLW

Silver Wheaton Corp. is trading at a new 52 week high here so put this stock on that trading radar.

Budd Foxx

S&P futures vs fair value: +6.3. Nasdaq futures vs fair value: +9.3.

Stocks continue to exhibit a positive disposition as another day of deal making lends further evidence that liquidity remains prevalent. Sure, General Electric (GE) called off its proposed $8.1 bln offer for two Abbott Labs (ABT) diagnostics units; but concerns that GE was over paying for the businesses has the stock trading higher in pre-market action. Fellow Dow component Wal-Mart (WMT), though, is providing the bulk of early blue-chip support as its much stronger than expected June comps help counter what is still shaping up to be mixed month of same-store sales.

ARIA

Ariad Pharmaceuticals, Inc. is trading up in pre-market this morning so keep it on the radar.

Pre-Market Gappers

Gapping up:

JCTCF +29.1%, AL +10.8%, ARIA +10.1%, BQI +9.3%, FCSX +7.6%, AEO +7.2%, CENX +6.3%, AA +6.1%, ANF +5.2%, REDF +4.2%, SMSI +4.0%, NOK +3.0%, FCX +2.6%, EMC +2.5%...

Gapping down:

IMCL -6.0%, FLOW -4.5%, SBEI -4.3%, M -2.3%, MFLX -2.2%, BMY -1.3%, ALU -1.2%.

SKIL CHART

This security breaks out over $9.40 per share so keep it on the radar for Thursday.

ASTI

Ascent Solar Technologies Inc. seems to be perking up a bit here so keep this stock on that trading radar.

Budd Foxx

Low priced stocks trading on unusual volume

Here is a list of low priced stocks trading on above average volume... Trading Up: AHCI (+1.4%, 11.5x avg vol for this time of day), ARMHY (21.5x -broker downgrade), BCGI (+72.7%, 60168.1x -to be acquired by Megasoft), CTIC (+3.8%, 10.2x -announced interim results of its phase II/III trial comparing CPOP-R), FONR (+26.8%, 127.9x), INNO (+14.2%, 25.9x), NOVC (+14.7%, 35.1x -received $60 mln under Schering-Plough agreement for Asentar), TRCA (+14.2%, 90.2x -announced agreement with Genentech for worldwide growth hormone)... Trading Down: ZF (-6.1%, 13.4x avg vol for this time of day), CPWR (-20.7%, 65.6x -guided Q1).

NOVC CHART

Novacea Inc. is acting well here in pre market trading this morning so keep this stock on that watchlist. Looks like the stock has also received support at the 50 dma.

Budd Foxx

Pre-Market Gappers

Gapping up:

BCGI +70.9%, TRCA +22.7%, PXG +12.8%, CHAP +10.5%, ACGY +8.3%, SGMO +6.6%, CTIC +5.1%, RKT +4.7%, UN +3.5%, UL +3.1%, AZN +3.0%, QGEN +2.1%, SNDK +1.8%...

Gapping down:

VTAL -24.3%, CPWR -17.8%, DNDN -6.1%, RYL -4.7%, ANAD -3.0%, TSL -2.4%, JSDA -2.4%, INFY -2.3%, WIT -2.2%, CCL -2.1%, JASO -2.0%, ATVI -1.6%.

ASYS

Amtech Systems Inc. is also trading higher here in pre market trading this morning so keep this stock on that watchlist.

Budd Foxx

TRCA

Tercica Inc. is trading up here in pre market trading this morning so keep this stock on that trading radar.

Budd Foxx

SIRI CHART

SIRI breaks out over $3.10-3.15 range so keep it on the radar this week. SIRI could merge with XMSR in the future.

ENG CHART

This stock breaks out over $13 per share so keep it on the radar for Wednesday.

Market Review for Tuesday

CPSL

China Precision Steel, Inc. has a good tone in early trading so keep it on the radar.

MDII CHART

This stock breaks out over $1.50 per share. First sign of resistance is at the 50 dma. Closing above the 50 dma would be bullish on this security.

OBCI

Ocean Bio-Chem, Inc. is trading up in pre-market this morning so keep it on the radar today.

Pre-Market Gappers

Gapping up:

OBCI +35.8%, RBY +23.2%, GBX +21.4%, GMST +13.9%, KNSY +6.2%, PBG +5.3%, CTIC +4.8%, CDE +4.2%, AKAM +4.1%, BBND +3.6%, GMKT +3.6%, YGE +3.6%, CAKE +3.5%, TASR +3.8%, CPSL +3.1%, ATVI +3.0%, XNPT +2.9%...

Gapping down:

UNCA -16.7%, WDFC -11.3%, SHLD -5.1%, LOCM -3.9%, BTJ -3.0%, AMED -2.3%, AAUK -2.2%, RTP -2.2%, CCL -1.7%.

Stock Market Review

TASR

Taser International Inc. continues to act well so keep this stock on your trading radar.

Budd Foxx

MNG

Miramar Mining continues to act well so keep this stock on that watchlist.

Budd Foxx

ASTI

Ascent Solar Technologies Inc. has a good tone to it in early trading so keep this stock on that trading radar.

Budd Foxx

SLW

Silver Wheaton Corp. is acting well here again this morning so keep this stock on that trading radar.

Budd Foxx

SGTL

Sigmatel Inc. acted well on Friday, and is trading up here in pre market trading this morning so keep this stock on that watchlist.

Budd Foxx

Pre-Market Gappers

Gapping up:

ALNY +63.5%, LAB +61.7%, CYTR +23.1%, PGLA +10.7%, CHNR +10.5%, TISA +10.4%, ARWR +8.4%, ISIS +8.2%, CTIC +6.2%, MTLK +5.6%, SCHN +5.1%, FSLR +4.9%, GILD +3.0%, TX +3.0%...

Gapping down:

LXK -12.8%, GET -3.3%, BIDU -2.3%.

HOKU

Hoku Scientific is trading up just a bit here in pre market trading this morning so keep this stock on that watchlist.

Budd Foxx

ALNY

Alnylam Pharmaceuticals Corp. is rippin here in pre market trading after announcing a deal made with Roche so keep this stock on that trading radar.

Budd Foxx

CYTR

CytRx Corp. is acting well here in pre market trading this morning so put this stock on that watchlist.

Budd Foxx

JRJC CHART

MACD is looking bullish on this security so look for a continuation on Monday.

ASTI CHART

This stock acted well on Friday so look for a possible follow through on Monday.

Low priced stocks trading on unusual volume

Here is a list of low priced stocks trading on above average volume... Trading Up: CMPP (+0.1%, 56.8x avg vol for this time of day-to be acquired for $5.60/share), CNIC (+15.4%, 9.7x -Citadel disclosed 5.4% stake in SC 13G filing), SGTL (+10.7%, 14.6x -positive broker commentary)... Trading Down: CHTR (-0.8%, 14.4x avg vol for this time of day).

MNG

Miramar Mining is trading higher here in early trading so put this stock on that watchlist.

Budd Foxx

SLW

Silver Wheaton Corp. continues to act well so keep this stock on that trading radar.

Budd Foxx

VPHM

ViroPharma Inc. is acting well this morning in early trading so keep this stock on that trading radar.

Budd Foxx

AMCC

Applied Micro Circuits Corp. is acting well here in early trading so keep this stock on that watchlist.

Budd Foxx

S&P futures vs fair value: -2.3. Nasdaq futures vs fair value: -2.5.

Early sentiment continues to deteriorate, signaling an even lower start for the cash market, as stocks take a bearish cue from the sharp pullback in Treasuries. With higher interest rates acting as such a huge headwind for equities last month, the yield on the 10-year note (5.18%) climbing to within a few basis points of the fed funds rate (5.25%) is stirring up borrowing concerns while Microsoft (MSFT) saying it will spend more than $1.0 bln to fix problems with the Xbox 360 is also acting as an overhanging factor.

Pre-Market Gappers

Gapping up:

TMTA +40.0%, CBA +4.8%, CTIC +4.4%, RDS.A +2.5%, TOT +1.8%, BIDU +1.5%, AQNT +1.4%...
Gapping down:

PMTC -21.3%, IBKR -9.6%, LOCM -7.6%, RUTH -4.8%, HWAY -4.3%, INTL -3.1%, BRLC -3.0%, SLR -1.3%.

JSDA

Jones Soda is trading up just a bit here in pre market trading this morning so keep this stock on that watchlist.

Budd Foxx

TMTA

Transmeta Corp. is trading up here in pre market trading on some news that Advanced Micro Devices has invested in the company so keep this stock on that trading radar.

Budd Foxx

CDE CHART

Look for a continuation on this security for Friday. Resistance is at the 200 dma around $4.40

NFI CHART

Look for a follow through on this stock on Friday.

Here is a list of low priced stocks trading on above average volume

Here is a list of low priced stocks trading on above average volume... Trading Up: CAAS (+5.4%, 19.1x avg vol for this time of day), CNR (+27.2%, 349.4x -announced that the Kumisi #1 appraisal well was successfully drilled having encountered gas shows over a significant interval)... Trading Down: ENTU (-11.2%, 21498.3x avg vol for this time of day -announced preliminary Q2 results).

Pre-Market Gappers

Gapping up:

HLT +27.6%, CMPP +16.0%, HUN +11.5%, ICOC +9.4%, IOC +8.3%, MAR +8.1%, HOT +7.5%, PRXI +7.5%, HST +7.0%, FRO +6.0%, JNY +5.5%, RIMM +5.2%, SNE +5.1%, CHH +4.6%, FCH +4.4%...

Gapping down:

ACH -5.8%, GM -3.7%, GFI -2.8%, CAF -2.7%, LFC -1.5%, SNP -1.4%, FXI -0.9%, CHA -0.8%.

CHTR CHART

This stock breaks out over $4.22 per share so keep it on the radar today.

CANDLESTICK POSITIVE INDICATORS AND GOOD CHARTS FOR: THU

DATABASE:

ANGN, DAR, GHM, GTLS, IVAC, LMC, WDC, WPCS.

WATCHLIST :

PENX, DK, UVE


INTERESTING CHARTS:

AIRM, ARD, DXPE, HDNG, HPQ, HTGC,

BBOX, KMX, ALJ, MW, ERS, HCC.

CPSL

China Precision Steel, Inc. closing above the 50 dma which is $3.50 per share would be very bullish for this security.

Low priced stocks trading on unusual volume

Here is a list of low priced stocks trading on above average volume... Trading Up: QCC (+2.2%, 11.1x avg vol for this time of day), EASY (+0.8%,18.1x), TSEM (+2%, 262.5x), AVNR (+21.1%, 28.3x -announced sale of FazaClo to fund continued development of Zenvia), DNDN (+10.3%, 18.9x -CNBC previews upcoming segment on co)... Trading Down: DTLK (-17.9%, 37.7x avg vol for this time of day ), AIRN (-9.3%, 14.5x -says WiMAX momentum continues on lower than expected revs in Q2), EGI (-2%, 10.3x), MOVI (-62.9%, 5025.9x -broker downgrade), NLST (-29.1%, 159.5x -guided Q2 below consensus), UBET (-2.4%, 34x), ZVUE (-18.2%, 22.7x -issued $1.425 mln in unsecured notes).

DNDN

Dendreon Corp. is actively trading to the upside this morning so keep this stock on that trading radar.

Budd Foxx

Pre-Market Gappers

Gapping up:

AVNR +20.3%, LXRX +10.9%. SNCR +9.0%, DAR +7.0%, FRPT +6.3%, IMMU +5.3%, CRY +4.5%, ACAS +4.0%, CSUN +3.9%, IOC +3.3%, WEN +3.0%, SI +3.0%, JNPR +2.7%...

Gapping down:

NLST -29.2%, DTLK -14.3%, POOL -6.1%, SMOD -4.5%, ZVUE -4.4%, MRVC -3.1%, SAP -2.5%, F -2.0%, CAT -1.7%, MT -1.3%.

TGB

Taseko Mines breaks out over $3.90 per share so keep this stock on that trading radar.

Budd Foxx

GMO

Idaho General Mines Inc. is moving to the upside here this morning so put this stock on that trading radar.

Budd Foxx

Low priced stocks trading on unusual volume

Here is a list of low priced stocks trading on above average volume... Trading Up: TGC (+1.5%, 9.8x avg vol for this time of day), TSEM (+3.5%, 21.1x), CYCL (+5.4%, 41.9x -broker upgrade), LGBT (+17.3%, 23.9x -raised $26.2 mln in private placement financing), LOCM (+56.3%, 3253.9x -granted U.S. patent number 7,200,413 for ad-supported 411 local search model), RNIN (+6%, 37.2x -positive broker commentary)... Trading Down: CYTO (-14.8%, 20.4x avg vol for this time of day -to raise $10.1 mln through private placement of common stock and warrants), MRVC (-10.7%, 22.3x -guided Q2), PSDV (-19%, 30826.6x -announced saled of ADSs).

ELN

Elan Corp. continues to act well so keep this stock on that watchlist.

Budd Foxx

SLW

Silver Wheaton Corp. trading up just a bit here in early trading so keep this stock on that watchlist.

Budd Foxx

CRNT

Ceragon Networks opening to the upside here this morning so keep this stock on that trading radar.

Budd Foxx

S&P futures vs fair value: +5.3. Nasdaq futures vs fair value: +6.0.

Still shaping up to be solid start for stocks as both S&P 500 and Nasdaq 100 futures trade well above fair value. The resurgence in M&A activity, which helped so many indices hit record levels last quarter, continues to be the main catalyst behind this morning's improved underlying tone. It is also worth noting, though, that the early favorable bias also comes on the first trading day of a new month/quarter, which is typically a strong day for stocks as new fund inflows hit the market.

Pre-Market Gappers

Gapping up:

LOCM +28.6%, VMED +21.2%, IOC +21.2%, DCEL +13.2%, FRZ +6.9%, XFML +6.3%, TRA +4.3%, BCE +3.2%...

Gapping down:

FMCN -3.1%, SNDK -1.6%.

LOCM

Local.com Corp. is rippin here early in pre market trading this morning so keep this stock on that watchlist.

Budd Foxx

SKIL CHART

This stock breaks out over $9.40 per share so keep it on the radar for Monday.