Stock Market Review

Pre-Market Gappers

Gapping up:

AIG +19.6%, WB +12.5%, IFX +11.6%, RTP +10.3%, GFI +9.7%, SSL +9.1%, MT +8.9%, GOLD +7.2%, JPM +6.8%, C +5.6%, NTRS +5.6%, DPS +5.0%, ING +3.6%, BHP +3.3%...

Gapping down:

NYX -11.6%, BCS -6.2%, SHPGY -2.2%.

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Pre-Market Gappers

Gapping up:

ING +3.1%...

Gapping down: WB -49.8%, RBS -21.6%, XING -20.1%, LYG -18.9%, UBS -14.9%, BHP -8.1%, RTP -7.7%, AAPL -6.4%, NOK -6.3%, BP -5.8%, RDS.A -5.6%, TOT -5.6%, MS -5.1%, RIO -5.0%, LLY -3.9%, RIMM -3.8%, AIG -3.5%.

VIDEO - Symmetrical Triangles (neutral)

Symmetrical Triangles (neutral) has been added to the Leavitt Brothers chart patterns video collection.

Bullish Chart Patterns

VIDEO - Symmetrical Triangles
VIDEO - Ascending Triangles
VIDEO - Flags
VIDEO - Wedges
VIDEO - Pennants
Video - Rectangles
Video - Cup n Handle
Video - Head n Shoulders
Video - Trendlines

Neutral Chart Patterns
Video - Symmetrical Triangles
Video - Rectangles

Bearish Chart Patterns

VIDEO - Symmetrical Triangles
VIDEO - Descending Triangles
VIDEO - Flags
VIDEO - Wedges
VIDEO - Pennants
VIDEO - Rectangles
Video - Head n Shoulders
Video - Trendlines

http://www.leavittbrothers.com/

Pre-Market Gappers

Gapping up:

TIBX +8.5%, JPM +2.4%, SPWR +2.3%, GFI +1.6%, FSLR +1.4%...

Gapping down:

WM -79.9%, RIMM -20.9%, FNM -20.6%, NED -19.4%, NPSP -16.0%, FRE -11.3%, MS -11.0%, BCS -7.0%, ARP -6.0%, AGU -5.8%, AIG -5.3%, ABK -5.1%, BHP -4.6%, AAPL -4.5%, NNN -3.1%, WRE -1.5%, GOOG -1.5%.

Stock Market Review

Pre-Market Gappers

Gapping up:

FNM +37.4% , PCOP +33.6% , FRE +27.0% , TMTA +18.5% , WM +17.3% , ABK +15.9% , NKE +4.2% , BZH +4.1% , SEPR +3.5% , SMS +2.8% , MKC +1.4% , MKC +1.4%...

Gapping down:

COF -7.6% , FIF -6.5% , GE -5.1% , RHT -3.1%.

Stock Market Review

Stock Market Review

Pre-Market Gappers

Gapping up:

CC +11.8%, COMS +10.5%, IMCL +6.5%, ABX +2.3%, AEM +1.6%...

Gapping down:

RTP -11.9%, WM -9.6%, LYG -8.0%, HGR -6.2%, GFI -4.6%, BHP -4.5%, CEF -4.0%.

Stock Market Review

Pre-Market Gappers

Gapping up:

AZ +4.8%, APH +3.7%, BHP +2.3%, BP +1.7%, RDS.A +1.1%...

Gapping down:

ABK -26.9%, BCS -9.8%, UBS -8.7%, MBI -8.5%, LYG -5.0%, BAC -3.9%, MER -3.7%, MS -3.7%, JPM -2.8%, WFC -2.5%, GS -1.4%.

Stock Market Review

The End of Capitalism as We Know it

Here's a report about the financial crisis.

The End of Capitalism as We Know it

http://www.leavittbrothers.com/

Pre-Market Gappers

Gapping up:

VSE +78.1%, WM +41.8%, MS +34.8%, GS +29.6%, WB +28.3%, AIG +25.7%, MER +17.9%, C +17.1%, BAC +16.1%, ETFC +15.2%, RBS +14.3%, UBS +14.1%, AEG +10.9%, JPM +9.2%, ORCL +6.7%, HBC +2.0%...

Gapping down:

PALM -9.4%, DROOY -7.6%, IHS -6.0%, GG -3.2%.

Stock Market Review

Pre-Market Gappers

Gapping up:

UBS +22.1%, AIG +19.5%, LYG +12.8%, GFI +12.4%, WM +11.9%, RBS +9.9%, DB +9.3%, BCS +7.7%, SLV +7.1%, WB +6.9%, AAUK +6.5%, CUK +5.3%, ING +5.3%, CEG +5.0%, MT +4.4%, C +4.1%, MS +1.1%...

Gapping down:

VRTX -5.9%.

Stock Market Review

Pre-Market Gappers

Gapping up:

SNDK +51.3%, ESLR +10.5%, LYG +9.7%, ABK +8.0%, HOKU +7.4%, BCS +5.4%, MS +4.5%, ADBE +3.6%, WB +3.4%, AXA +3.3%, DRI +1.5%...

Gapping down:

AIG -25.3%, VSE -16.7%, POL -9.1%, COIN -6.4%, MT -3.8%, UAUA -3.6%, BBL -3.6%, NOK -3.1%, GILD -2.7%, HBC -1.9%, BHP -1.8%, RDS.A -1.6%.

Stock Market Review

VIDEO - Bottoming Indicators

Here's quick video covering the bottoming indicators we're watching.

VIDEO - Bottoming Indicators

http://www.leavittbrothers.com/

Pre-Market Gappers

Gapping up:

LEH +33.3%, MNKD +7.4%, PLL +3.2%, WFC +3.2%, DSCP +3.2%, HRS +2.9%, SJM +2.1%, ASML +2.1%, PLXS +1.6%, GS +1.5%...

Gapping down:

TRGT -40.9%, AIG -40.1%, RBCN -17.7%, RBS -12.0%, WM -10.0%, LWSN -8.9%, UBS -6.9%, NCC -6.5%, SPNC -6.1%, SNV -4.5%, RDS.A -3.3%, NOK -2.6%, GOLD -2.6%, INTC -2.4%, RTP -1.9%.

Stock Market Review

Pre-Market Gappers

Gapping up: MER +35.5%, PSS +5.6%, LDG +3.9%, PKG +3.7%, AMLN +3.2%, GLD +1.2%... Gapping down: LEH -88.2%, AIG -42.3%, WM -32.6%, ABK -31.4%, WB -22.3%, RBS -17.8%, BCS -17.5%, UBS -15.4%, BAC -14.0%, PMI -12.9%, C -12.6%, AXA -11.9%, MS -11.4%, GS -9.3%, JPM -8.5%, WFC -5.7%.

Stock Market Review

VIDEO - Market Overview

This week we do a market overview. The overall trend is discussed using several S&P 500 charts...

VIDEO - Market Overview

Bullish Chart Patterns

VIDEO - Symmetrical Triangles
VIDEO - Ascending Triangles
VIDEO - Flags
VIDEO - Wedges
VIDEO - Pennants
Video - Rectangles
Video - Cup n Handle
Video - Head n Shoulders
Video - Trendlines

Neutral Chart Patterns
Video - Symmetrical Triangles
Video - Rectangles

Bearish Chart Patterns

VIDEO - Symmetrical Triangles
VIDEO - Descending Triangles
VIDEO - Flags
VIDEO - Wedges
VIDEO - Pennants
VIDEO - Rectangles
Video - Head n Shoulders
Video - Trendlines

http://www.leavittbrothers.com/

Offshre Drillers initiated at Citigroup

Citigroup initiates seven offshore drilling services providers: Diamond Offshore (DO), Ensco (ESV), Hercules Offshore (HERO), Noble Corp (NE), Pride Intl (PDE), Rowan Cos (RDC), and Transocean (RIG). The firm rates DO, NE, and RIG Buys saying the stocks are trading at valuations below their peer group average despite having superior assets and earnings power tied to the deepwater market. The firm also initiates ESV, HERO, PDE, and RDC with Holds

Pre-Market Gappers

Gapping up:

WM +7.1%, RTP +4.8%, CPSL +4.6%, LDK +4.0%, BHP +3.9%, ABX +3.2%, POT +3.1%, RIO +2.7%, E +2.6%, FCX +2.1%, GLD +1.3%...

Gapping down:

LEH -10.4%, ARAY -7.7%, DB -2.0%, ASML -2.0%, AIG -2.0%,

Stock Market Review

Pre-Market Gappers

Gapping up: GCOM +13.9%, JOYG +2.8%, CLNE +2.3%, PBR +2.2%, DRI +1.2%... Gapping down: KNXA -18.8%, MER -6.0%, ACTL -5.0%, LEH -4.7%, ING -3.9%, UBS -3.4%, LYG -3.4%, DB -2.9%, BHP -2.7%, RTP -1.4%.

TIVO

TiVo given an above average rating at Caris & Co with a price target of $10 per share so keep it on the radar.

Stock Market Review

Pre-Market Gappers

Gapping up:

LEH +24.5%, AVAV +6.3%, STO +5.8%, SNY +5.6%, TXN +5.6%, FDX +5.4%, CRM +4.6%, UBS +4.3%, HIMX +4.0%, AIG +4.0%, UPS +3.6%, FAST +3.2%, TOT +2.0%, ING +1.8%, BCS +1.6%, RDS.A +1.4%, MT +1.3%...

Gapping down:

GFIG -17.0%, HOFT -8.6%, XEL -4.0%, HUM -3.7%, PAY -3.6%, KIM -1.6%, TSN -1.3%.

Stock Market Review

Pre-Market Gappers

Gapping up:

EFUT +13.3%, FNSR +7.6%, UBS +3.7%, BCS +2.9%, UAUA +2.6%, DELL +2.2%, AZN +2.1%, SNDA +2.0%, HBC +1.9%...

Gapping down:

FUL -17.5%, MIND -8.0%, KIM -3.6%, MYL -2.1%, HL -1.9%, NOK -1.7%.

Stock Market Review

Pre-Market Gappers

In reaction to strong earnings/guidance: HITK +6.7%... M&A news: GEHL +114% (to be acquired by Manitou for $30/share); NCEM +35% (to be acquired for $13.37 per share by Calypso Acquisition Corp), UST +1.0% (confirms it will be acquired by Altria for $69.50 per share in cash)... Financials, homebuilders and other mortgage related stocks are trading sharply higher on the Treasury's plan to take control of FNM & FRE: WM +24.1% (announces new CEO and Memorandum of Understanding with the Office of Thrift Supervision), PMI +22.9%, SCA +20.4%, BBX +19.5%, ABK +16.2%, NLY +15.5%, RDN +14.8%, RF +14.6% (also upgraded at FBR), UCBH +13.2%, WB +13.1%, TGIC +12.2%, CMO +11.5%, HOV +10.9%, BZH +10.8%, AIG +10.8%, C +9.5%, TOL +8.3%, LEH +7.4% (LEH in fresh shake-up of top executives - FT.com, ests also cut at Oppenheimer), MER +6.7% (ests cut at Oppenheimer), GS +4.9% (ests cut at Oppenheimer), etc... Other news: BPAX +14.7% (announces positive oral contraceptive clinical results), DFS +5.5% (profiled in Barron's Online), RIMM +4.2% (upgraded at Morgan Keegan).

Break Out List Market Technical Analysis

VIDEO - August Archives

This week we do a review of our August set-ups...

August Archives

Two reports of interest...

The Great Consumer Crash of 2009 by James Quinn (as posted on seekingalpha.com) talks about housing, debt, confidence, spending, etc.

Dead Men Walking by Bennet Sedacca (via John Mauldin) talks about what banks are most capable of surviving, the ones which are either "too big to fail" or have valuable assets should the companies be broken up, and which one are "dead men walking," or doomed to failure.

Bullish Chart Patterns

VIDEO - Symmetrical Triangles
VIDEO - Ascending Triangles
VIDEO - Flags
VIDEO - Wedges
VIDEO - Pennants
Video - Rectangles
Video - Cup n Handle
Video - Head n Shoulders
Video - Trendlines

Neutral Chart Patterns
Video - Symmetrical Triangles
Video - Rectangles

Bearish Chart Patterns

VIDEO - Symmetrical Triangles
VIDEO - Descending Triangles
VIDEO - Flags
VIDEO - Wedges
VIDEO - Pennants
VIDEO - Rectangles
Video - Head n Shoulders
Video - Trendlines

http://www.leavittbrothers.com/

Pre-Market Gappers

Gapping up:

SNDK +24.1%, HOKU +17.1%, ZQK +12.7%, ADCT +3.8%...

Gapping down:

CAE -9.3%, MER -6.5%, SWHC -5.2%, AMD -5.0%, AIG -3.9%, RTP -3.6%, BHP -3.3%, MT -3.2%, RDS.A -3.1%, UBS -2.8%, TOT -2.6%, STM -2.3%, GOLD -2.1%.

Stock Market Review

Pre-Market Gappers

Gapping up:

NAV +6.4%, ZUMZ +6.3%, UL +6.2%, PSS +5.2%, RTP +4.0%, BBL +3.5%, BP +3.4%, BHP +2.6%, AAUK +2.2%, AEO +1.6%...

Gapping down:

DLX -7.2%, TEX -6.9%, RCL -3.4%, TPP -3.0%, UBS -3.0%, HRB -2.6%, LEH -2.6%, LAZ -2.0%, SI -1.8%, HBC -1.7%, HCN -1.3%, NOK -1.1%.

Stock Market Review

Pre-Market Gappers

Gapping up:

NBIX +13.5%, ABK +10.7%, NCS +5.1%, GILT +4.2%, SNDA +3.8%, CLNE +3.7%, BP +1.6%, ABB +1.6%...

Gapping down:

ETH -6.3%, BHP -4.9%, NOK -3.6%, RTP -3.2%, WFR -2.8%, DCI -1.6%, MT -1.5%, LEH -1.3%, HBC -1.2%.

Stock Market Review

Pre-Market Gappers

Gapping up: AMR +14.7%, UAUA +14.6%, RYAAY +9.9%, LEH +5.5%, MER +2.5%... Gapping down: AAUK -11.7%, FRO -10.8%, RTP -9.9%, BHP -9.2%, STO -8.7%, BP -5.4%, TOT -5.0%, RDS.A -5.0%, NOK -3.3%.

SFL CHART

Break Out List Market Technical Analysis