Steckler's Star Studded Stock Picks

[DSteckler]

A couple to watch

ARNA - in a symmetrical triangle but extended and the weekly technicals are very overbought. In the last 8 quarters this company has lost money in every one.

TRAD - rising right triangle but extended and the action today is poor. A pullback to the 20-day EMA, if it holds, would be constructive. Estimates for the next two quarters are up 62.50% and 44.44% respectively, YOY. ERG = 259 and the %A/D is an impressive 71.3%. The %A/D Velocity is -9.4%, however, which tells us the rate of accumulation is slowing.

[DSteckler]

Roll them bones

A buddy brought this one to my attention. Forming a flag after a big run on Monday.

[New-born baby]

A buddy brought this one to my attention. Forming a flag after a big run on Monday.

What's the symbol?

[DSteckler]

LOL! Sorry about that. It's ISLE.

[DSteckler]

GIGM's on fire

Up 15%. Looks like the mo-mo board boys have discovered it. Breaks out of the HTF on very heavy volume, almost 3X ADV and there's 2 1/2 hours to go yet.

[RRBrownOH]

International ETF rotation model

And that large gap lower on 12/28 was due to their paying a dividend. The pattern is also a rising right triangle.

This play is part of my International ETF rotation model. It's been on fire, up an average of almost 56% per year since 1/1/03 (real money, not paper trades). The IFN position (entered 12/28/05) as of yesterday's close is up 10.4% and it's up another 3% today.

Schweet!

Dave,

Care sharing what other ETF's you employ in this model? I'm presently holding EWA,EWC and EWT.

Thanks

Ron

[DSteckler]

Welcome, Ron! Good to see you here.

EWO
IIF
ILF
FXI
IFN
EWQ
EWG
EWP
EZU
EWI
EWK
EWU
EWH
EWN
EWJ

[DSteckler]

IFN was up another 1.58% today.

[DSteckler]

A couple to watch for tomorrow

AFN - drugs, man, drugs.... Decent but not spectacular ERG = 235. Estimates for the next two quarters are up only a few percent but to show you the power of improving Group RS, the stock has risen steadily since late April from $70 to $117, with only one major 10-point dip back in Sept. - Oct.

RNOW - an internet software company. ADX dropped below 15 today and the non-trending indicators like stochastic bottomed out and have started to turn higher. Volume Flow Indicator is still bearish but improving. A negative is that the next two quarters EPS estimated growth = 0% vs. year ago. Weekly chart shows there's still some downward pressure on the stock.

[DSteckler]

ED looks interesting

Very low ADX (13.90) and the daily non-oscillating techncials liek RSI and stochastics are moving higher. ED has been trading in a rectangular range between 46 and 47 for 5 weeks now. Respectable dividend, too, at 4.9%.

[DSteckler]

Time again or VPHM?

Very low ADX (14.42) and the stochastic SlowK bottomed out at 36.55 before turning higher - a bullish technical sign. The RSI has been above 45 for months, another bullish sign.

[DSteckler]

NVR nice bounce

NVR bounced nicely off its 50DMA and is back through its 20-day EMA. But both of these short MAs are below the 200DMA, and that ain't good. Right now the 200 is resistance and I don't expect to see any serious institutional interest again until the 50 > 200.

[DSteckler]

ESI up strong

Big move on huge volume on the earnings release. Breaks out of the descending trend channel it's been trading in since early Dec.

[DSteckler]

IFN followthrough

Broke out of a triple top/rising right triangle yesterday and following through today. The triangle was 6.2 points high at its widest point so adding that to the pivot price (the resistance line) calculates a a price objective of 50.70.

[DSteckler]

Vphm

May be trying to get something started. Small gap open higher today.