Wednesday, July 14, 2010

Stock Picks For Wednesday 14 July: Intel Corporation, Force Protection, THQ Inc

Force Protection (FRPT: 4.30 +0.15 +3.61%) - From a technical perspective, the stock has found a nice support around the $4 level. FRPT is probably back to uptrend and with KD rising we could see possible rally coming for the stock. The short-term targets for the stock are $4.34 and then $4.51. Short-term investors can buy with a stop at $4.17 and long-term investors can hold with a stop at $3.92.


Intel Corporation (INTC: 21.01 +0.44 +2.14%) is trading up after hours, as the company released good earnings. I expect INTC to gap open on Wednesday, possibly gapping above the major resistance level. If the stock does gap above or trade through this level, let the stock consolidate before buying. INTC should be a hot stock on Wednesday so watch it closely throughout the day.



THQ Inc (THQI: 4.78 +0.41 +9.38%) has been in a strong downtrend the past few weeks, but could have found a bottom at these levels. Today, the stock was one of the few bright spots, as the stock closed up $.45 on the day. If the stock can break through $4.88, we should see a high volume upside move. Technically the stock now shows positive sign as the stock is now trading above 20 day moving average with KD rising. I will watch the stock closely on Wednesday and buy once it breaks through resistance.
Earnings Announcements for Wednesday
Acergy S.A. - ACGY
Adams Express - ADX
ADTRAN, Inc. - ADTN
AMES NATL CORP - ATLO
Arrow Financial - AROW
ARTS WAY MFG INC - ARTW
ASML Holdings NV - ASML
Asset Acceptance Capital Corp. - AACC
Comm Bancorp - CCBP
DPAC Technologies Corp. - DPAC.OB
ENERJEX RESOURCES INC - ENRJ.OB
Gold Reserve - GRZ
Guaranty Federal Bancshares - GFED
Healthcare Services Group - HCSG
iGate Corporation - IGTE
Imaging Diagnostic Systems, Inc. - IMDS.OB
Jackson Hewitt Tax Service Inc. - JTX
Landstar System - LSTR
Leading Brands - LBIX
Marriott International - MAR
Metalink - MTLK
National Beverage - FIZZ
Palm Harbor Homes - PHHM
Peregrine Pharmaceuticals - PPHM
PREMIER SVC BK RIVERSIDE CALIF - PSBK.OB
Six Flags Entertainment Corporation - SIX
Texas Industries - TXI
The Progressive Corporation - PGR
TORTOISE ENERGY CAP CORP - TYY
Universal Forest Products, Inc. - UFPI
Westamerica Bancorporation - WABC
Winmark Corporation - WINA

List of stocks whose 13 MA crossed above the 50 MA ( Bullish Cross )
CAT - Caterpillar Inc
EWT - WEBS Taiwan
EP - EL PASO CORP
JASO - JA Solar Holdings C
AXP - AMERICAN EXPRESS CO
DUK - DUKE ENERGY CORP
AFL - AFLAC INC
ACN - Accenture Plc
CVC - CABLEVISION SYSTEMS
CF - CF INDUSTRIES HOLDI
BWA - BorgWarner Inc
ESV - Ensco Plc Adr
CMS - C M S ENERGY CORP
NU - NORTHEAST UTILITIES
NVE - SIERRA PACIFIC RESOURCES
PDS - Precision Drilling
NETL - Netlogic Microsyste
DTE - D T E ENERGY CO
VISN - VisionChina Media Inc
BWEN - Blackfoot Enterprises
EWI - WEBS Italy

List of stocks whose 13 MA crossed below the 50 MA ( Bearish Cross )
CVLT - CommVault Systems Inc
CTRP - CTRIP.COM INTL LTD ADS
DECK - Deckers Outdoor Corporation
HEV - Enerl Inc
PRRY - American BioDiesel
JSDA - Jones Soda Co
NARA - Nara Bank, National
MILL - Miller Petroleum Inc
EXAS - Exact Sciences
HDY - Hyperdynamics Corp
AVRI - Averox Inc
HAST - Hastings Entertainm
SSYS - Stratasys, Inc.

Unusual Volume Detected
EEE - KFX Inc
HEW - Hewitt Associates Inc
DTRO - Deltron Inc
AMED - Amedisys Inc
MFG - Mizuho Financial Gr
CVLT - CommVault Systems Inc
NAVI - NaviSite, Inc.
CSKH - Clear Skies Slr
MTVO - Montavo Inc
EVSI - Envision Solar Inte
AMNT - Amish Naturals Inc
SHMN - SOHM Inc
IFNNY - INFINEON TECHNOLOGIES
PNG - PAA Natural Gas Sto
AGOUF - Assured Guaranty Ltd




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