Stocks to Watch - November '09

Watch List for November '09

CEPH----54.58
NOC-----50.13
UNH-----25.95

These stocks should outperform the market provided the latest sell off is a temporary correction.
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UNH - A Health Care Play

Trying to figure out the future of health care in the U.S. is beyond me. I am not keen to the idea of politicians trying to fix anything, regardless of party affiliation. Hopefully, something good will come out of the proposals now on the table.

Meanwhile, many of the insurers, pharmas and health care facilities have been beaten down for the past two years. There is a chance that in the future their recovery will materialize.

Unitedhealth Group (UNH) is showing signs of life. UNH provides health care services in the United States.

Positives are:

•Fair chart pattern.
•Support at the 23.50 level.
•Average daily volume of over 12.5 million shares.
•Healthy fund ownership.
•Forward P/E ratio is at about 8.

Trading this morning at 26.11, I expect UNH to bounce up and cross the 50 dma (now at 27) in the next few weeks, if so, the next resistance level would be at 30.
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Watch List Will be Published Monthly

Due to the amount of time necessary to research and publish the "Weekly Watch List" and the short term view, I have revised the schedule so it can be included in this blog on a monthly basis thus showing a more realistic and accurate result.


Recap for the week of 10/16/09:

on 10/16------------------on 10/23

AKAM 21.80-------------21.50 (down 1.40%)
ATW 39.29---------------38.81 (down 1.24%)
EZPW 14.07---------------14.06 (down .01%)

New list will appear around the beginning of each month.
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Time to Move Out of KBR

Written up on October 7, 2008 and again on January 29, 2009 with prices at 15.28 and 15.43 respectively, KBR Inc. had a tremendous run and after yesterday's drop of 1.41 (down 5.87%) we may have heard a wake up call to take profits.

This retreat clearly marked a break down below the 50 day moving average with a weak support at 21.50.

After gaining approximately 47.25% over a period of less than one year and selling for 22.61,i can happily call it a day and search for other opportunities.
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Going Nowhere at GE

Although Genereal Electric Co. (GE) has made a considerable move up from the March lows, I cannot see great prospects for its future.
Mentioned in this blog on 7/25/08 at 28.58, we are backing out of this position and taking a 47% loss selling it at the price of 15.20, we lick our wounds and move on.
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Let's Take Profits on ATW

Too high, too fast is my view on the recent price move for Atwood Oceanics, Inc.

On 5/26/09 the stock appeared as an attractive buy candidate then trading at 23.53;
today, after a fine run, it is my feeling that taking profits may be a prudent move.

With a price of 40.06 we have gained 70% in almost 5 months. I'd say that is a very nice return.
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Watch List for the Week of 10/19/09 - Last Week's Recap

Stocks to watch for the week of 10/19/09:

AKAM-----21.80
ATW------39.29 (Going strong)
EZPW-----14.07 (May resume uptrend)


Recap for the week of 10/12/09:

on 10/12------------------on 10/16

ATW 37.70---------------39.29 (up 4.22%) A winner as of late.
EZPW 14.34---------------14.07 (down 1.88%) Slight pullback.
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Watch List for the Week of 10/12/09 - Last Week's Recap

Stocks to watch for the week of 10/12/09:

ATW------37.70 (Still a favorite)
EZPW-----14.34 (Ditto)


Recap for the week of 10/5/09:

on 10/6------------------on 10/9

ATW 34.55---------------37.70 (up 9.12%) Jackpot!
EZPW 13.57---------------14.34 (up 5.67%) Nice return.
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Watch List for the Week of 10/5/09 - Last Week's Recap

Stocks to watch for the week of 10/5/09 (as of 10/6/09):

ATW------34.55
EZPW-----13.57


Recap for the week of 9/28/09:

on 9/28----------------on 10/5

DOX 26.40---------------25.89 (down 1.93%) Not so good.
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Watch List for the Week of 9/28/09 - Last Week's Recap

Stock to watch for the week of 9/28/09:

DOX-----26.40


Recap for the week of 9/21/09:

on 9/21----------------on 9/25

DOX 26.65---------------26.40 (down 1%) Still like it.
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AONE is Priced

Expected to be priced at 10.50-11.00, A123 Systems (AONE) went public today with a pre-trading value of 13.50... it never traded that low. The lowest price the stock saw was 16.56 and has not looked back in about one hour of trading, soaring up to 19.70 with incredible momentum.
Those who got in before trading begun have made a sizable gain. Not bad for a company that has yet to show a profit in eight years.
I am not inclined to chase a mad crowd, but then I also chose not to buy Google (GOOG) when it was issued in the $80's.
Oh well!
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An IPO to Watch, A123 (AONE)

Today we await the pricing of an initial public offering: A123 Systems (AONE).
The expected price range is between 10.50 and 11.00.

A123 (AONE) designs, develops, manufactures and sells advanced, rechargeable lithium-ion batteries and battery systems.

Financial backers for this company include: the U.S. Government, General Electric (GE), Motorola (MOT), Qualcom (QCOM), and AES (AES).

Chances are, this will be the hottest IPO for '09.
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Watch List for the Week of 9/21/09 - Last Week's Recap

Stock to watch for the week of 9/21/09:

DOX-----26.65


Recap for the week of 9/14/09:

on 9/15----------------on 9/18

AOB 5.44---------------5.43 (down .18%)
ATW 32.10-------------33.27 (up 3.64%) continued a fine run
DOX 25.88--------------26.65 (up 2.98%) solid

Looking for a dull trading week.
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Drop TKC, Time to Move on

Turkcell Iletisim Hizmetleri AS (TKC) was featured in this blog on 7/18/08 (at 15.85)and again on 8/4/09 (at 16.60); since then,the stock has hovered around these prices and is now showing what could be a "head and shoulders" chart pattern. I am inclined to say that, in the near future, the stock is headed down.

For the period of time we held TKC, we collected an anualized dividend of about 4.7%,
and see a profit of 4.79%. Selling today at 16.61, it may be time to move out of this position.
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Watch List for the Week of 9/14/09 - Last Week's Recap

Stocks to watch for the week of 9/14/09:
Let's hold off until Tuesday or Wednesday to price them. Expecting a significant drop early Monday as the market opens.

Okay, let's give it a try, as of 9/15/09 the picks are:

AOB-----5.44
ATW----32.10
DOX-----25.88


Recap for the week of 9/8/09:

on 9/8----------------on 9/11

ATW 28.32-------------32.35 (up 14.23%) nice run
COV 39.60-------------41.87 (up 5.73%) no too shabby
DOX 24.91-------------26.11 (up 4.82%) another good one

Great four day week.
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Dumped SLXP a Bit Too Soon

Impatience took the best of me. On August 18 '09 I chose to let go of Salix Pharmaceuticals Ltd. (SLXP) at 12.93 after a very dull and fruitless 20 months.
Sold SLPX one month too soon. Today after good news on clinical trials the stock shot up 6.77 (+50.6%) to 20.15, an incredible run... Bummers!
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Something Worth Reading

Once in a while, we come across an article or commentary that, in the midst of a lot of gibberish makes some kind of sense and hopefully allows us to step back and make our own financial decisions, often better than the ones we get from the so-called experts.
This article from "The Motley Fool" is right on target:


http://www.fool.com/investing/general/2009/09/06/why-you-shouldnt-listen-to-jim-cramer.aspx
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Watch List for the Week of 9/8/09 - Last Week's Recap

Stocks to watch for the week of 9/8/09:

ATW 28.32
COV 39.60
DOX 24.91


Recap for the week of 8/31/09:

on 9/1-------------on 9/4

EZPW 13.37---------12.63 (down 5.53%)
KBR 22.65-----------21.81 (down 3.71%)
PFE 16.70-----------16.39 (down 1.86%)
SEPR 18.15----------22.82 (up 25.73%) Luckyyyyy!!!

One pick (SEPR) saved our week.
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Watch List for the Week of 8/31/09 - Last Week's Recap

Stocks to watch for the week of 8/31/09:
(Expecting a decline on Monday and then we will check these stocks and price them on Tuesday or Wednesday)
Okay, as of 9/1/09, let's keep an eye on:

EZPW 13.37
KBR 22.65
PFE 16.70
SEPR 18.15



Recap for the week of 8/24/09:

on 8/24-------------on 8/28

ATW 29.78 --------28.67(down 3.73%)
SEPR 18.35 -------18.59(up 1.31%)
SUG 20.85 --------20.06(down 3.79%)

That was not a good week.
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Watch List for the Week of 8/24/09 - Last Week's Recap

Stocks to watch for the week of 8/24/09 (same as last week):

ATW 29.78
SEPR 18.35
SUG 20.85


Recap for the week of 8/17/09:

on 8/19------------on 8/21

ATW 28.02-----------29.78 (up 6.28%)
SEPR 17.79-----------18.35 (up 3.15%)
SUG 19.04-----------20.85 (up 9.51%)

It's been a good week, we avoided a devastating Monday.
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