Hurricane (and Asteroid) Disaster Stock List 2011

If you wanted to pick hurricane stocks last year and came here, you had a slim chance of surviving without a loss with that dull-tipped, dart tossed selection. This year, I have chosen sure-fire winners even if no hurricane, or asteroid, makes a cataclysmic appearance.

Since the Earth once again survived a near miss yesterday, I have to include flying space debris with the start of the hurricane season. What was that? You don't think 7,500 miles was a close call? Don't know about you but I felt the wind of that one. Damn near took the grass off the hut roof. That would have been bad news for the poison dart frogs that took refuge there. The little fellas are brightly colored, but are lacking in asteroid avoidance skills.

Here's the disaster proof selection:

symbol, name, current price, category

BECN, Beacon Roofing Supply, $22.24, Building Materials (Roofs, first things to break off. Just ask the dart frogs.)
CCIX, Coleman Cable, $13.31, Industrial Electrical Equipment (Wat you talkin' 'bout, Willis?)
FRZ, Reddy Ice Holding, $2.76, Processed and Packaged Goods (Good for relieving an asteroid kiss to the head.)
LOW, Lowes, $23.15, Home Improvement Store (Replaces Home Depot this year.)
SRCL, Stericycle, $86.83, Waste Management (Touching medical waste ranks right up there with recycling someone's chewing gum.)

I think you will agree that these picks can stand on their own regardless of how the winds are blowing off the coast of Africa, or which way the space boulders choose to fly.

Technically Timed Prayer to the Great Fibonacci

Call me superstitious, but I think the Great Fibonacci is more responsive during the summer months. Of course, that would be the winter months south of the equator.

I don't mean to be a drag on the summer (or winter) of recovery, but with the CMI struggling in it's directionless quagmire, and since a C to D leg on the Q chart may be forming, there is no better time to summons the 'Great One'.

Here goes...

Oh Great Leonardo Fibonacci da Pisa, cast your spell on the QQQ's and bring us to 51 within the next month or so. Use your powers to prevent the market from pulling any major fake-outs to the upside on the way down, and please do not smite me for calling you Leonardo. And while you're at it, push that new mutual fund that I bought (PRPFX) to new heights and propel gold to $1600 per ounce, and if that mutual fund crashes with gold, please hunt down Ponzi Schemer like a mongrel dog since he told me about it. Ahmenn.
Sigmund (your number one point six one eight fan).




Related posts:

Dow 14,400 with a Little Help From The Great Fibonacci
Oh, Great Fibonacci

Graphs, Charts, and Two Minutes with Robert Reich

June just being June...

Looking back on the best and worst month charts, June is still living up to it's reputation.

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Dollar devaluation ...the hidden tax. Now there's something to riot in the streets about. More good stuff can be found at DollarDaze.



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A view of inflation adjusted gold prices...



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Two minutes of painful truth seen at the Pragmatic Capitalist today. The comments are just as educational.

Ok, you can riot in the streets over this too.






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Vancouver...try it, you'll like it! Really.

June Momentum Stocks

The NASDAQ has lost over 6% since the start of the month. Even with that negative return, a few stocks are swimming against the tide and have made big gains since the beginning of June. We can define 'big' as anything over 10% using stocks now trading over $5 with 90 day volume greater than 300,000. The big gappers were filtered out leaving this impressive group.

symbol, name, current price, sector, June performance

JVA, Coffee Holdings, 13.26, Consumer Staples, 59.2%(huge two day caffeine spike)
AXK, Accelr8 Tech, 7.13, Diagnostics Healthcare, 39.2%
ZN, Zion Oil and Gas, 6.98, Oil and Gas, 26.9%
AFFX, Affymetrix, 7.10, Scientific Instr., 17.0%
VRUS, Pharmasset Inc.,119.19 Drug Mfg., 16.6%
BLTI, Biolase Tech., 5.94, Medical Instr., 13.4%
ZAGG, Zagg Inc., 11.63, Specialty Retail, 13.0% (zig-zagging higher since April)
RPTP, Raptor Pharma, 6.26, Diagnotics Healthcare, 12.8%
TITN, Titan Mach., 29.94, Retail Wholesale, 11.7%
ARIA, Ariad Pharma., 9.56, Biotech, 10.0%

Most look like they are due for a retracement but also may have room for more upside action.

More William K. Black

William K. Black interviewed on Bill Moyers Journal:


Black's Summary:

1. Get rid of the people that caused the problems.
2. Stop hiding the losses, and instead, try to find the real losses.
3. Start appointing people who have records of success rather than records of failure.



The Best Way to Rob A Bank Is to Own One.

An essential read. Quick, let's get a few copies in the hands of Batman, Commissioner Gordon, and Barack 'Change' Obama, pronto.

Why didn't Oprah recommend this? Maybe we could dress up the cover with Fabio and one of the Kardashian sisters.

Coppock Curve Update Mid-Year 2011

Many of the shorter term signals are looking as though they are rolling over indicating a market reversal. I am not convinced yet. Either is the CMI, although the CMI has given a few hints that it wants to cut out of the QLD trade and only needs a little push as a convincer. I get the feeling that the CMI is a little embarrassed since it has held the same QLD position as the market stealthily walks down to lower levels. Stealthily, right in front of its eyes.

Most years have at least one strong trend. If no major trend develops this year, the CMI will go trendless and friendless.

The CMI marches to its own drummer and doesn't care what the Coppock or Cheetum P/E Curve does, but here is what the updated Coppock and Cheetum P/E Curves say...

The long term "convincers" of a major market move are the Coppock Curve and the Cheetum Curve...at least in this jungle. The Coppock had given it's signal last May although the downtrend signals have been only 50% accurate over the years. Those who chose to sell using last May's sell signal would have been disappointed. The 80% accurate buy signal (lines upturning below the zero line) should get more attention. The real 'Coppock action' starts below the zero line as the indicating line starts its swing upward.



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The Cheetum Curve is meandering above the upper line so no major downtrend has been confirmed yet. A refresher on using this signal is outlined below.



1. A cross of the red ROC line over the black moving average line from below when both lines are below the lower blue horizontal line triggers a 'buy' signal.

Solid confirmation occurs when both the red and black lines cross through the zero line and then continue above the upper blue line. A reversal of the red line prior to crossing through the 'zone' would trigger a sell signal as noted by the yellow arrow.

2. A cross of the red line below the bottom horizontal blue line triggers a 'sell' signal. The black moving average line is not used as an indication of a sell.

3. If the lines are in the 'zero' zone (between the blue horizontal lines, continue with the previous trend. In other words, if they are in the zone, leave 'em alone.

Related posts:
Coppock Curve Update April 2011
Cheetum Curve Update March 2011

Linkages 6/2/11

Anything on the internet that causes me to pause and read for more than ten seconds might wind up here in the Linkage category. The average time spent on any one page for a typical monkey is just under two seconds in case you were wondering.



Low volatility masking systemic risk, you say? Read here.

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Need a site to kick-start your automated trading system? Catch up on your reading while Jez Liberty is away.

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I see it, I respect it. I don't quite get it...yet. No summer of recovery according to Tom McClellan and the one year shift of the commercial traders eurodollar position.

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Survey says...!

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27 ways to visualize the financial crisis.

May 2011 Linkages

Not sure whether to hold or sell for the upcoming long weekend? The so-called “pre-exchange holiday” and “turn-of-the-month” effects may give you some insight.
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Need some education on the global fiat monetary system? Mike Hewitt from DollarDaze has created a collection of articles, some that actually read for you using those annoying little cartoon characters.
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Have you been wanting to learn more about The Creature From Jekyll Island but were afraid to ask? There's a 12 part video on YouTube featuring G. Edward Griffin, author of the above titled book that presents all the "good works" of the Federal Reserve over the last 100 years. As G states, "It's not Federal, there are no reserves, and it's not a system."
Each video is about ten minutes in length.

Related post: Possibly the World's Greatest "ETF".
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Altucher's Dow 20,000. Listening to this guy and extracting the true message is like trying to see in the dark. You have to use your peripheral vision. Reading between the lines is way too straightforward.
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Is this the most expensive book on Amazon? Seth Klarman's Margin of Safety might cost you one of those over-priced gold coins. If you can't live without it, just search the internet, you might find it for nada.

Stocks That Won't Go Away In May

Here's a list of stocks trading in the $5 to $20 range that refuse to follow the May trend.
Each has gained over 20% since the beginning of the month while the market has fallen into negative numbers.

Symbol, Name, Current Price, % Gain (May), Industry

BIOS, Bioscrip, 7.41, 60.7%, Services, Drug
KLIC, Kulicka & Soffa, 11.87, 31.0%, Tech.
SCLN, SciClone Pharma, 5.73, 29.9%, Healthcare
CSII, Cardiovascular Systems,, 14.74 26.5%, Healthcare
WINN, Winn-Dixie, 8.95, 26.2% ,Services Store
ALKS, Alkermes, 18.11, 25.6%, Healthcare
TWER, Towerstream, 5.08, 22.4%, Tech.
MGM, MGM Resorts, 15.38 ,21.5%, Services Resorts

'Inside Job' Direct to Your Trading Screen

The American people have to lead their leaders.
~Charles Ferguson


Link to Amazon...
Rent 'Inside Job'


Interview with Charles Ferguson...




Related link: And the Oscar Goes To...