Jan 15, 2007
The market is closed today, but the earning season begins this week with INTC, IBM, MOT and AAPL reporting. Below are just the highlights on what's coming.
Tuesday: AMTD, CBH, CBSH, FRX, INVX, MI, MNRO, PVTB, USB, WFC, FUL, INTC, LLTC, TSS, and TRMK...
Wednesday: APH, AMR, ASML, CIT, FCX, JPM, LEN, MEL, NTRS, PH, PGR, LUV, STT, WIT, SNV, DOX, AAPL, CLC, FHN, IBKC, LRCX, NVEC, SOV, and WM....
Thursday: AIT, BK, BBT, BG, CHZ, CMA, CAL, FITB, HOG, HBAN, IGT, JEF, NITE, LOGI, MMR, VIVO, MER, NVS, PPG, SLM, SMTS, UNH, USAP, CAMD, COF, CREL, CREE, DGII, ETFC, FNB, IBM, ICOS, MOLX, PNFP, and XLNX...
Friday: ACO, C, FAST, GE, JCI, KEY, MOT, JNC, RF, SAY, SLB, STI, and WL.
The crude oil price had dropped sharply in the past 2 weeks hovering around $53. It's time to look into oil stocks to accumulate slowly for the summer season. ALJ, BTJ, DK and CHK are attractive here.
FFHL
tested $13 and moved up on Friday due to short covering. It can easily go to $16 or higher again.
TAG
was recommended at 1.10, and reached 1.40 on Friday. Time to take some profit here.