Not Too Shabby

You had a great day if you were in the right stocks today. DNS +490, +105, +52.

Trades:

I seized the opportunity to sell MMSI for a profit, +2.2%.

Reversal alerts: (67).

Boiled down to TEN,  GILT, BBNK, CAS, NICE, CDNS, RVBD, and AH.

Not Much Follow-Through

DNS +33, -12, +3.

Trades: none.

Reversal alerts: (39).

Filtered down to MCP, TV, FCN, TMH, and BPL.

Black Friday Wins the Day

DNS +291, +86, +34. Let's see if we can rally two days in a row or if we get more Woe is Europe news in the morning.

CMC was up 23.8%. FREE dropped 12.8%.

It's frustrating to see Friday's sale of MCHX followed by a 14.3% rally, and the only two red stocks in my brokerage watch list are two of my four options.

Trades: none.

Reversal alerts: (322) from the HLR script and (37) from the T2 script combined to yield (352) alerts.

Filtered for earnings and sales growth, lowest forward P/E first: TSYS, PGI, PRFT, MIC, BBNK, TMH, LSI, MINI, CDNS, MDRX, and SNCR.

Nothing Is Working

I've been reviewing the charts of stocks with recent reversal alerts. None of them has sustained a breakout to the upside.

And nothing I follow is moving up either. The only watchlist stocks that are holding their own (more or less) are ARR (REIT), ATLS, KOG (oil), MNTA (pharma), and VRTS (investment).

So many stocks look under-priced or have formed bases that look prime for a move up. Just like they did in 2001 when so many of us got whipsawed as stocks stair-stepped down ... then down more ... then down more ... ad nauseum.

I'll continue liquidating stock holdings to cash as the trailing stop orders fire off. When the inevitable bounce comes I'll try to recoup some cash via call options while it lasts, then I'll go short unless the situation changes in Europe. I'm not at all sure that it's too late to go short now.

Second Rough Week

Buy and Holders are getting punished. That makes two pretty bad weeks, and we're still not done with Europe. DNS -26, -19, -3.

FREE and SPRD were up 6.8% or better.

Trades:

I didn't want to sell CF, feeling that I got it at a good price. But it hit the stop loss, so it's gone, -7.2%.

MCHX couldn't muster a rebound and hit its stop. Gone, -18.9%.

SUMR just keeps sliding downward, -8.6%.

Portfolios:

The tracking portfolios got clobbered too. ESG is at -21.8%, value-sales at -6.3%.

Reversal alerts: (8).

Filtered down to MY, DMND, DLLR, and GRMN.

A Good Day To Be In Cash

I'm not, but I wish I was (in cash). DNS -236, -61, -26.

Speculative solar stocks YGE and JKS topped the watchlist with 9.7% gains or better. Three oil stocks were in the bottom four, KEG, BAS, and CWEI.

I don't see this European mess going away soon so I went defensive with trailing stops on everything. Tight on the stocks that just keep drifting lower, and loose stops for stocks that looked like they were coming out of a bottom. Better late than never I guess.

Trades:

ENV hit the 5% trailing stop loss order, -11.3%.

KEG hit its 7% TSL order, -3.3%.

Reversal alerts: (5).

Three had good patterns. My pick is

Telecom Argentina S.A. (ADR) (TEO)

EPS Growth
Prev Yr	Past Yr	Growth	P/E
0.48	2.31	381.3%	-
0.49	0.75	53.1%	-
0.54	0.70	29.6%	-
0.53	0.72	35.8%	6.3
Next Two Quarters (est)
2.31	0.79	-66.0%	6.18
0.75	0.77	2.7%	6.14

Sales Growth
Prev Yr	Last Yr	Growth
789.7	3440.1	335.6%
762.5	969.4	27.1%
813.8	1052.5	29.3%
884.0	1119.4	26.6%

followed by

Express Scripts Inc. (ESRX)

EPS Growth
Prev Yr	Past Yr	Growth	P/E
0.41	0.62	51.2%	-
0.47	0.62	31.9%	-
0.56	0.66	17.9%	-
0.58	0.67	15.5%	17.2
Next Two Quarters (est)
0.62	0.85	37.6%	15.80
0.62	0.81	30.8%	14.74

Sales Growth
Prev Yr	Last Yr	Growth
8197.0	11294.2	37.8%
11138.4	11094.5	-0.4%
11288.8	11361.4	0.6%
11251.8	11571.0	2.8%

and finally JKS, but only as a play on the chart.

Too Early

There's a definite bias to the downside here. DNS -54, -2, -5.

FMCN came back 14.7% but still has a long way to go. FRO got clobbered for 41.0%. In fact, the shippers had a prominent position at the bottom of the watchlist today: FRO, TNP, FREE, liwa, and EXM.

Trades: See previous post.

Reversal alerts: (97).

Filtered for growth, lowest forward P/E first: RSO, TEN, MCP, EFII, SMBL, and MDRX.

+SPRD +CVI

Bought calls for both plus more shares of CVI.

Dag!

DNS -249, -49, -23.

I never would have expected that GMCRrrr would have been second best in the watchlist with a 4.9% gain for the day, between NVDA (+5.0%) and KOG (3.4%). KOG is up 12.7% since 11/3 while most of the other oil stocks in that oil test portfolio have gone negative for the same holding period.

The wheels fell off the bus that is FMCN, down 39.5%. SPRD took a 13.1% hit. Last week's breakout stock VIT gave back 18.4%.

Trades:

With all the volatility in FMCN, I bought a December bull call spread for what was a good price for a $15/$20 with the stock trading at $21.xx. Unfortunately what I bought was a $20/$25. So I sold it 3 1/2 minutes later for a +14.0% gain. Whew!

Then I put it a limit order for the $15/$20. It filled at 12:35 and the stock moved back up. Then at 1 pm someone (or their broker) spooled off a large position until 1:30 or so dropping the price from $19.95 to $8.79. It recovered somewhat. Hopefully we'll get more back tomorrow.

:: Update ::
Reuters is reporting that allegations of the company overstating the number of displays in its advertising network (among other charges) in a short seller's report are to be refuted by the company in a statement tomorrow. The allegation were stated as being "completely untrue" and the company suggested that such behavior "should be legally punished". :: ::

I bought KEG shares which are ITM.

Reversal alerts: (2).

HFC and NFLX.

Rotten Week

We'd have been better off sleeping on our money this week. DNS +25, -15, 0.

Today's action was a tug of war with a slight bias to the downside.

Trades: none.

Portfolios:

They took a beating this week. The ESG port is at -15.0, the value-sales port is at +1.0%.

Reversal alerts: (27).

Filtered for earnings growth, lowest forward P/E first: KNOL, IFSIA, LSI, ACTG, and MCHX.

Firecrackers

That describes how my trailing stop loss orders were firing off. DNS -135, -52, -21.

LIWA was up 10.3% today, VIT had another good day with a 4.1% gain. The oil stocks gave some back.

Trades:

TSL sales: BAS +11.3%, CWEI +7.4%, KEG +5.5% & +10.8%, RES +13.6% & +1.4%.

I had lowball orders in for CF shares and CVI call options - both filled and could have been bought for less (but not by much ;-)

I tried to buy LIWA but it got away from me.

Reversal alerts: (3), junk.

Jumped the Gun

We were doing well until the bottom fell out. DNS -191, -47, -21.

Watchlisters up 7% or more for the day are TSRA, GMCRrrr, and VIT.

Trades:

I tried to catch the falling knife that was CVI. I bought shares and call options which were good 'til the last hour.

I sold my November $55/$60 GMCRrrr call spread that expires Friday. GMCRrrr ran up 9.85% to close at $52.30. I sold too early, but to be honest, the fact that I was able to recovery any meaningful amount for my way OTM spread was a win, and my time value was rapidly decaying, -87.9%.

Reversal alerts: (5).

CEP, DMND, and CBD might be worth a look.

Rough Morning, Nice Afternoon

DNS +17, +29, +6.

Watchlisters up 7% or more were VIT, GMCRrrr, FMCN, WPRT, and BAS.

Trades:

I bumped up the limit price to fill the rest of my CLMT order.

Reversal alerts: (5).

The t2 script alerted on yesterday's BRLI and DRIV. DMND alerted for the hlr script.

Dabbling

DNS -75, -22, -12.

Trades:

I went with a few diversified trades today, a mix of stocks based on either fundamentals or charts. I bought shares in CLMT, ENV, MCHX, MMSI, and SUMR. I bought call options for MCHX. I bought KEG shares for an untracked account.

CLMT was my favorite pick here. ENV has good fundamentals and a good trend-line off of the bottom. SUMR has solid numbers and what could have been a bottom. MCHX was my pick to break out of its bottom. It broke, but not out, -9.9%.

Reversal alerts: (12).

After many months I'm starting to see more classic reversal patterns as stocks move between overbought and oversold levels. From the reversal candidates there's an occasional gem that offers the additional appeal of stellar growth prospects. But even without that, the rest can offer a good short term trading opportunity given a positive sentiment for the stock and a cooperative market.

That said, while I don't see any gems below, your [research | analysis | hunch | eight-ball | lucky rabbit's foot] may lead you to venture into one or more of the following. The decrease in selling pressure that the chart scans detect help nudge the odds in your favor, IMHO.

 ALKS is at a relative bottom, has double-digit sales growth, but is expected to continue to lose money into next year.

VNR has recent sales and earnings growth, shedding losses and dropping the P/E from 11.3 to 5.9.

STRT and BRLI have modest sales and earning growth with a forward P/E of 10.0 and 10.2 respectively.

HLF has double digit sales growth. Forward earnings are slowing a bit, forward P/E is 17.5.

DRIV is moving back to a higher level of earnings, recent sales growth is in the teens, forward P/E is 20.7.

PWR is moving to a higher level of earnings with modest sales growth, forward P/E is 21.0.

MRGE is estimated to move back to profitability, dropping the P/E from 538 to 97.8.

Oh yeah, there's CROX too, but a data error keeps it out of my database, so no P/E or growth numbers.

10 to Watch

Here are 10 picks from today's growth screen.

Calumet Specialty Products Par (CLMT)

EPS Growth
Prev Yr	Past Yr	Growth	P/E
0.24	0.26	8.3%	-
-0.36	0.11	130.6%	-
-0.03	-0.19	-533.3%	-
0.59	0.46	-22.0%	30.4
Next Two Quarters (est)
0.26	0.67	157.7%	18.54
0.11	0.40	263.6%	14.53

Sales Growth
Prev Yr	Last Yr	Growth
495.9	596.2	20.2%
484.6	605.2	24.9%
514.7	733.8	42.6%
595.3	777.8	30.7%

Summer Infant Inc. (SUMR)

EPS Growth
Prev Yr	Past Yr	Growth	P/E
0.11	0.03	-72.7%	-
0.11	0.07	-36.4%	-
0.14	0.05	-64.3%	-
0.13	0.12	-7.7%	26.7
Next Two Quarters (est)
0.03	0.18	510.0%	17.43
0.07	0.15	111.4%	14.66

Sales Growth
Prev Yr	Last Yr	Growth
39.3	51.1	30.0%
44.1	58.5	32.7%
49.5	61.0	23.2%
49.8	63.3	27.1%

Macquarie Infrastructure Compa (MIC)

EPS Growth
Prev Yr	Past Yr	Growth	P/E
-0.44	0.09	120.5%	-
-0.10	0.24	340.0%	-
0.01	-0.05	-600.0%	-
0.20	0.14	-30.0%	65.1
Next Two Quarters (est)
0.09	0.77	750.0%	24.97
0.24	0.81	237.5%	16.42

Sales Growth
Prev Yr	Last Yr	Growth
193.6	221.5	14.4%
201.3	239.9	19.2%
204.7	247.2	20.8%
213.3	251.6	18.0%

Endeavour Silver Corp. (CAN) (EXK)

EPS Growth
Prev Yr	Past Yr	Growth	P/E
0.06	-0.20	-433.3%	-
0.11	0.01	-90.9%	-
-0.05	0.20	500.0%	-
-0.15	0.04	126.7%	300.0
Next Two Quarters (est)
-0.20	0.16	182.0%	29.70
0.01	0.19	1840.0%	20.41

Sales Growth
Prev Yr	Last Yr	Growth
24.3	28.5	17.3%
18.3	35.4	93.4%
19.7	36.4	84.8%
20.1	38.8	93.0%

Genesis Energy L.P. (GEL)

EPS Growth
Prev Yr	Past Yr	Growth	P/E
0.08	0.02	-75.0%	-
0.06	0.11	83.3%	-
0.29	0.27	-6.9%	-
0.12	0.27	125.0%	39.4
Next Two Quarters (est)
0.02	0.29	1350.0%	28.09
0.11	0.32	189.1%	23.00

Sales Growth
Prev Yr	Last Yr	Growth
436.3	602.2	38.0%
466.5	689.8	47.9%
456.5	762.8	67.1%
576.0	830.2	44.1%

Cadence Design Systems Inc. (CDNS)

EPS Growth
Prev Yr	Past Yr	Growth	P/E
0.01	-0.14	-	-
-0.04	0.02	150.0%	-
0.19	0.10	-47.4%	-
0.49	0.11	-77.6%	143.6
Next Two Quarters (est)
-0.14	0.15	209.3%	30.80
0.02	0.14	585.0%	23.45

Sales Growth
Prev Yr	Last Yr	Growth
220.3	249.0	13.0%
221.9	266.1	19.9%
227.1	283.3	24.7%
237.9	292.5	23.0%

Evercore Partners Inc. (EVR)

EPS Growth
Prev Yr	Past Yr	Growth	P/E
0.09	0.15	66.7%	-
0.11	0.16	45.5%	-
0.01	0.09	800.0%	-
0.26	0.06	-76.9%	70.2
Next Two Quarters (est)
0.15	0.41	170.7%	40.93
0.16	0.43	167.5%	28.83

Sales Growth
Prev Yr	Last Yr	Growth
115.1	107.6	-6.5%
93.6	112.9	20.6%
70.9	147.7	108.3%
129.6	168.5	30.0%

Sensata Technologies Holding N (ST)

EPS Growth
Prev Yr	Past Yr	Growth	P/E
0.10	0.40	300.0%	-
0.18	-0.05	-127.8%	-
0.48	-0.20	-141.7%	-
-0.28	0.15	153.6%	115.6
Next Two Quarters (est)
0.40	0.48	20.5%	83.90
-0.05	0.53	1162.0%	32.75

Sales Growth
Prev Yr	Last Yr	Growth
338.1	387.8	14.7%
377.1	444.2	17.8%
391.8	455.0	16.1%
383.3	474.3	23.7%

Envestnet Inc. (ENV)

EPS Growth
Prev Yr	Past Yr	Growth	P/E
-0.25	0.03	112.0%	-
-0.20	0.04	120.0%	-
0.01	0.08	700.0%	-
0.02	0.06	200.0%	58.9
Next Two Quarters (est)
0.03	0.09	186.7%	46.02
0.04	0.12	187.5%	35.59

Sales Growth
Prev Yr	Last Yr	Growth
21.8	27.6	26.6%
21.6	29.3	35.6%
24.2	31.3	29.3%
24.6	32.0	30.1%

Mellanox Technologies Ltd. (MLNX)

EPS Growth
Prev Yr	Past Yr	Growth	P/E
0.13	-0.02	-115.4%	-
0.16	-0.05	-131.3%	-
0.16	0.06	-62.5%	-
0.10	0.13	30.0%	290.2
Next Two Quarters (est)
-0.02	0.29	1565.0%	80.42
-0.05	0.28	660.0%	45.64

Sales Growth
Prev Yr	Last Yr	Growth
35.5	40.7	14.6%
36.2	55.1	52.2%
40.0	63.3	58.3%
37.8	68.2	80.4%

Oil ... Good

No guarantee, but when it works, it works. This tracking port was created Friday morning a week ago.

A Good Recovery

The last two days almost made up for Wednesday's loss. DNS +259, +54, +24.

I thought SPRD was flagging but it was  up 8.1% today. ZAGG and GMCRrrr 6.9% or more.

Trades:

The AMZN call spread closed out well ITM, +34.3%.

Portfolios:

The portfolios gave up some ground this week, ESG is at -11.44%, value-sales at +7.6%.

Reversal alerts: (48).

Stocks with some growth or a viable reversal pattern, lowest forward P/E first: NNBR, CMED, CWEI, CHK, ECPG, SAH, JCOM, CMCSA, ABV, AKRX, MKTX, SMBL, BWLD, CTSH, CBD, PRXL, LPSN, and LQDT.

GMCRrrr

It was a good day except for the part where GMCRrrr ripped me a new one. DNS +113, +4, +11.

GMCRrrr tanked 39%. Equity position: hammered. Next week's call spread: from way ITM to way OTM.

Shippers FREE, FRO, EXM, and by extension container leaser TAL did well today.

10 of 11 of my oil port stocks were up - high flier ATLS sat this one out.

Trades: none.

I tried to sell to sell the GMCRrrr call spread for cost. No takers.

Reversal alerts: (10).

By lowest forward P/E first: CS, CAST, SMS (current P/E), UNH, NTRI, SEP, CPSI, and WCN, Most have decent reversal patterns except for CS. Even WCN's forward P/E is 21.7, so none are particularly expensive.

Spoke Too Soon

Okay, that was a bad one. DNS -388, -106, -47.

Trades:

MIC hit a tight trailing stop, +8.8% - held two weeks.

The contingent order on my SPRD calls triggered and filled, +49.2% - held almost a month.

I bought stock in BAS, and added on to positions in KEG and RES.

I bought Friday's AMZN $205/$210 bull call spread that should net out around 36% if it holds $210.

Reversal alerts: none.

Rearview Mirror

Here are watchlist stocks up 18% or more over the last two weeks. Sure beats a 2% CD.

Visiting Old Friends

I'm seeing more good days than bad, so I'm reestablishing positions with my favorite group. DNS +102, +32, +15.

Homebuilders HOV and TOL came out strong today with gains over 7%.

Trades:

PTEN, KEG, RES, BAS, and ROSE were on my short list of energy stocks that I want to accumulate. The first four were in my order editor. I put in limit orders for PTEN and KEG and got them. BAS and RES were up more (sigh), 6.7% and 4% respectively.

Reversal alerts: (6).

The t2 script alerted on BMY. RCKY also has a good reversal pattern.

CS and DMND also alerted.

Here's an "oil" tracking portfolio I put together Friday morning on ClearStation:

Fear of Shoes

... or at least of the other one dropping. This market can't decide whether to celebrate great earnings or hide in the closet from Italy, Greece, or wherever the dart sticks in the map of Europe next week. DNS +85, +9, +8.

Force Protection (FRPT) got a nice bid from GD today, up 30.6%.

LIWA was up 9.1% today. Yep, sold that one too soon.

I'm still too cautious to take the tight limit orders off of MIC and RES ... I'm just glad they didn't get dumped at the low for today.

Trades: none.

Reversal alerts: (9).

None of these is particularly compelling, but some are okay ... lowest forward P/E first: UAL,  BMY, BBBY, CL, CPSI.

Not So Bad

While the indexes were down for the week, many of the better stocks actually closed higher. DNS -61, -12, -8.

RBCN, ACOR and VECO had a good day, up 10% or more.

Trades:

GMCR held the line (and then some) so the $55/$60 call spread I bought Wednesday expired well ITM, +36.0%.

Portfolios:

The ESG portfolio now has 12 (of 37) positions above water and is at -10.67%. The value-sales port is at +9.63%.

Reversal alerts: none.

Missed the Boat?

Well I sure don't like being on the sidelines here. The markets were supposed to resume the downtrend today, but there was too much good news. DNS +208, +58, +23. Sigh.

ANR tops the watchlist with a 13.3% gain today. NFLX was up 10.7% when the closing bell rang.

GMCR gave me some relief on my call spreads, up 8.5%. RES may be getting in gear with its peers, up 7.6%.

Trades: none.

Reversal alerts: (1).

IDCC looks like it will start improving two quarters out but I'd wait for the numbers to firm up a bit (or a lot).

DOAH!

It was a great day, unless you were in cash. DNS +178, +33, +20.

I want my KEG, CF, and LIWA back! All were up 5% or more today. At least FMCN had a good day, and SPRD continues to nudge upwards.

Trades:

I ditched the NLY after getting the dividend and seeing the distribution days pile up. The cap "gains" across three accounts come in around -8%. Fortunately the dividends covered a large portion of that.

I bought Friday's $55/60 GMCR bull call spread. I'm hopeful, but this one's certainly not money in the bank.

Reversal alerts: (4).

ATHN popped up after eight days of decline. The stock had a nice run for reasons I never understood ... double digit sales growth with a P/E falling from 91 to 70 didn't do it for me, and I didn't see anything in the news to fall in love with. I'm not expecting lightning to strike twice here, but the reversal pattern looks pretty good.

The t2 script came up with CVC and AVP.

CVC is sporting a "value-trap" looking P/E of 3 until they shed the MRQ's earnings of $4.27 and revert back to the $0.32 range. Not interested.

AVP announced a dividend today and is expected to have a little earnings bump next quarter with a P/E between 9 and 11. Curious.

Cash By Default

It's been a pretty brutal week so far. DNS -297, -77, -35.

SPRD and MIC were up again today.

Trades:

The trailing stop loss orders continue to do their job.

CF shares sold, +18.3%.
KEG shares sold, +1.1%.
LIWA shares sold, -4.1%.
MSCC shares sold, +1.2%.
WPRT shares sold, +2.1%.

Many of these closed higher than they sold, but if the markets tank again tomorrow, I'll be quite content.

Reversal alerts: none.