Hot stock picks for Wednesday
( click to enlarge )Twitted this one today. MELA Sciences, Inc. (NASDAQ:MELA) shares up about 40% after hours as skin cancer diagnostic device wins EU approval. Seeing the stock reaction in after-hours probably MELA shares tomorrow will open in GAP UP reaching the first resistance at 2.89$, so put this stock in your watch list.
( click to enlarge )Universal Display Corporation (NASDAQ:PANL) - Bull Flag continuation pattern.
( click to enlarge )Lululemon Athletica inc. (NASDAQ:LULU) Bounced off support this morning and closed above its 20 SMA today, it seems to me that is ready to move up again. Next resistance lies at $56.66.
( click to enlarge )Pharmasset, Inc. (NASDAQ:VRUS) hit new highs of $70.89 today, which is resistance for the follow through move on Wednesday. If the stock can break through highs, we should see another high volume move as the stock moves higher.
( click to enlarge )MGIC Investment Corp. (NYSE:MTG) traded just like the overall market. The stock started the day weak, but rallied to go positive and closed near highs of the day. This could be the start of a trend reversal for MTG, which is why I'm watching the stock on Wednesday.
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Other stocks to watch :
I'm still following these stocks and seeing how they interacted with the fall in stock market. All these stocks are down between 5 to 10 per cent in the latest round of weakness and are quoting at attractive valuations.
THQ Inc. (NASDAQ:THQI)FormFactor, Inc. (NASDAQ:FORM) Novatel Wireless, Inc.(NASDAQ:NVTL)Gulf Resources, Inc. (NASDAQ:GURE)Tellabs, Inc.(NASDAQ:TLAB) NVIDIA Corporation (NASDAQ:NVDA)Zalicus, Inc. (NASDAQ:ZLCS)XenoPort, Inc. (NASDAQ:XNPT)
US Earnings Calendar for Wednesday
Amrep Corp - AXR
Astrotech Corp - ASTC
Blyth Inc - BTH
Bridgford Foods Corp - BRID
Calavo Growers Inc - CVGW
Champion Industries Inc - CHMP
China Green Agriculture Inc - CGA
China Metro-Rural Holdings Ltd - CNR
Conn's Inc - CONN
Evolution Petroleum Co Rp - EPM
G-III Apparel Group Ltd - GIII
Gentium SpA - GENT
Hi-Tech Pharmacal Co Inc - HITK
Hooker Furniture Corp - HOFT
Hovnanian Enterprises Inc - HOV
L & L Energy Inc - LLEN
Lannett Co Inc - LCI
Lantronix Inc - LTRX
Layne Christensen Co - LAYN
Matrix Service Co - MTRX
Mediware Information Systems Inc - MEDW
Men's Wearhouse Inc - MW
Mesabi Trust - MSB
Mitcham Industries Inc - MIND
National Beverage Corp - FIZZ
Navistar International Corp - NAV
NCI Building Systems Inc - NCS
Quantum Fuel Systems Technologies Worldwide Inc - QTWW
Rosetta Genomics Ltd - ROSG
SeaChange International Inc - SEAC
Smith & Wesson Holding Corp - SWHC
Spartech Corp - SEH
Sparton Corp - SPA
Standex International Corp - SXI
Stewart Enterprises Inc - STEI
Sycamore Networks Inc - SCMR
Talbots Inc - TLB
Vimpelcom Ltd - VIP
New 52-week high stocks
AUY - YAMANA GOLD INC
NEM - NEWMONT MINING CORP
EGO - ELDORADO GOLD CP
NGD - DRC RESOURCES CP
EXK - ENDEAVOUR SILVER
VRUS - Pharmasset Inc
RGLD - Royal Gold, Inc.
MFN - Minefinders Corporation
ANV - Allied Nevada Gold
ALXN - Alexion Pharmaceutical
MAKO - MAKO SURGICAL CORP
MITK - Mitek Systems, Inc.
New 52-week Low stocks
MS - Morgan Stanley
BP - BP AMOCO ADS
AMAT - Applied Materials
MET - METLIFE INC
SCHW - Charles Schwab Corp
GPS - GAP INC
TEF - TELEFONICA SA
MT - Arcelormittal
BCS - BARCLAYS P L C
SAI - SAIC INC
IPG - INTERPUBLIC GRP OF COS
UBS - UBS AG
BBY - BEST BUY CO INC
MBT - MOBIL TELESYSTEMS
ABB - ABB LTD
DB - DEUTSCHE BANK AG
CS - CREDIT SUISSE GROUP
ING - Ing Groep NV ADR
LNC - LINCOLN NATIONAL CORP
WU - Western Union MAR - MARRIOTT INTL INC NEW
JNPR - Juniper Networks
STM - STMicroelectronics NV
SWKS - SKYWORKS SOLUTNS
HBC - HSBC Holdings PLC
TSL - Trina Solar Ltd
PRU - PRUDENTIAL FINANCIAL
FDX - FedEx Corporation
HGSI - Human Genome Science
AFL - AFLAC INC
FTE - France Telecom ADS
FSLR - First Solar Inc
GES - GUESS INC
AKAM - Akamai Technologies
MTL - MECHEL OAO
TLM - TALISMAN ENERGY INC
ARO - AEROPOSTALE INC
KSS - KOHLS CORP
PHG - Koninklijke Philips
EOG - EOG Resourses
OMX - OfficeMax Inc
SI - SIEMENS A G ADR
PWE - Penn West Ptrolm
ITT - ITT Corp
BBVA - BANCO BILBAO VIZCAYA
TS - Tenaris SA
WHR - WHIRLPOOL CORP
RSH - RADIOSHACK CORP
LRCX - Lam Research Corporation
PKI - PERKINELMER INC
JRCC - JAMES RIVER COAL CO
TRI - THOMSON CORP
ELNK - EarthLink, Inc.
LPL - LG Display Co
ASBC - Associated Banc-Corp
DOX - AMDOCS LTD
ELX - Emulex Corporation
UPL - ULTRA PETROLEUM CP
TM - TOYOTA MOTOR CORP
VECO - Veeco Instruments Inc.
JEF - JEFFERIES GROUP INC
XXIA - Ixia
WOR - WORTHINGTON INDS INC
CNW - C N F TRANSPORTATION
SAPE - Sapient Corporation
TI - TELECOM ITALIA
PVTB - PrivateBancorp, Inc.
WIT - Wipro Ltd
CMC - COMMERCIAL METALS CO
CRK - COMSTOCK RESOURCES INC
PVA - PENN VIRGINIA CORP
CODE - Spansion Inc
TKLC - Tekelec
SNE - SONY CORP
AZSEY - ALLIANZ Se
HMC - HONDA MOTOR CO LTD
MAN - Manpower Group
CYT - CYTEC INDS INC
RY - ROYAL BANK OF CANADA
CISG - CNinsure Inc
CALX - Calix Networks Inc
RUE - Rue21 Inc
TSRA - TESSERA TECHNOLOGIES
JKS - JINKOSOLAR HOLDINGS
CXS - CreXus Investment Corp
PEI - PENNSYLVANIA R E I T
FNB - F.N.B. Corporation
UIS - UNISYS CORP
Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
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AC
