Research Lab Blog – Investing Systems Market Toolbox Member Update
Filed Under Main Content | Leave a Comment
In addition to our normal Friday morning show, we will discuss a few other stocks on the Live Broadcast in the Research Lab tomorrow morning.
Here are the charts that we will cover.
First, CLNE, which was an AWESOME pick today in the Momentum scan, Alpha scan, and Breakout scan. In other words it was a Focus pick.
 |
We marked up the 5-minute chart to indicate multiple entries based on our intra-day entry strategy. HUGE WINNER for our members today and if you held any overnight, be sure to lock-in more profits on any gap-up in the morning. In other words, scale the heck out ASAP! Keep a few “low-cost” shares if you must…
(Note the last entry is generally not recommended, indicated in yellow, however in some cases, it will work.) We will explain this to you on the show.
The next stock we will discuss is Goldcorp GG
 |
Goldcorp today reported gold production of 601,300 ounces at a total cash cost(1) of $289 per ounce for the quarter ended December 31, 2009. Fourth quarter adjusted net earnings(2) amounted to $182.7 million, or $0.25 per share, and operating cash flows before working capital changes(3) for the fourth quarter was $307.6 million or $0.42 per share. For the year, Goldcorp produced 2.42 million ounces of gold at a total cash cost of $295 per ounce, generating adjusted net earnings of $588.2 million or $0.80 per share and operating cash flows before working capital changes of $1.2 billion or $1.61 per share.
Fourth Quarter 2009 Highlights:
- Revenues increased by 28% over the 2008 fourth quarter, to $778.3 million on gold sales of 573,100 ounces.
- Operating cash flows before working capital changes totaled $307.6 million, or $0.42 per share.
- Total cash costs were $289 per ounce on a by-product basis, and $422 per ounce on a co-product basis.
- Dividends of $33.0 million were paid.
We see a potential opportunity on the chart, but it comes with a caveat. This is not a day trade or necessarily even a swing trade. This is for the patient trader that sees the potential opportunity for a good entry point to establish a position in one of the top-tier gold producers. There are actually several ways we see to trade this, depending on your timeframe. Each item on the chart has it’s own significance.
By the way, IF the trendline breaks and gold stocks roll over, this could just as well be a good short down to 36 or lower. We will discuss this in detail tomorrow.
Next is a crazy speculation that is off the scale when it comes to risk. This is a mega-crapshoot, spin of the wheel, roll of the dice trade in a thin penny stock and quite frankly no one has any business even considering throwing a dime of hard-earned money at something so wildly speculative.
But we do want to demonstrate the symmetry of the chart and we do like to have fun sometimes…so we present:
 |
Let’s zoom in…
 |
Pretend the average daily volume wasn’t 360k and the stock wasn’t a buck thirty’. Notice again the symmetry on the chart. Heck, if it can break up through the green line it might have a shot at a buck fifty’.
We have a couple idea on how one might play something like this, you don’t want to miss it…
As you know, I can talk a lot faster then I type so the good stuff is reserved for the Research Lab Live Broadcast in the Members Area of the Market Toolbox.
See you there in the morning at the market open.
We will be analyzing tomorrow’s stock picks in real-time, as well as providing our witty and irreverent commentary.
 |
Investing Systems Research Lab – Members Update March 6th, 2010
Filed Under Main Content | Leave a Comment
Welcome Back Members…it was quite the interesting week. I hope you joined us for the Live Broadcasts at the market open.
This morning we discussed GMO (General Moly) shortly after the open (along with other picks that did quite well).
 |
Wow. All it takes is one of these to make your day. As you know this is fairly typical of the Low Priced scan.
For those of you more interested in our swing-trades, let’s take a quick review of the Trade Plans from February:
 |
Not too shabby, I must say. Log into the Research Lab to see the detailed Trade Plan Charts on these.
You can also read back several posts on this blog to see some of the set-ups.
We still have one Open Plan from Feb, TLAB which hit Target 2 today. When it finally closes it will go into Feb stats.
 |
Notice the secondary entry on the trendline break for anyone that missed the initial entry.
Now that TLAB has hit Target 2, the stop has been raised to the Entry price of $6.80, with the idea that most of the profits have already been taken. Originally we suggested selling 1/2 at Target 1, which hit two days after the entry as you see on the chart above.
We like to show you a different perspective on our trades in this blog where we have more flexibility with the charts. The Live Trade Plan Charts don’t always show the bigger picture.
Here is a great example:
 |
This trade is on the Waiting Trade Plans page from yesterday and we will probably give it another couple sessions to see if it fills. Remember, Waiting trades only fill if they hit the exact Entry price.
By the way, this Blog is intended for Investing Systems Research Lab Members only. If you are a guest and have taken any of these trades, please show your appreciation and get your Trading Karma straight by supporting our Research Lab with at least the $100 “ala carte” months membership.
http://www.the-market-toolbox.com/join.html
With the daily stock picks and the Trade Plans we are quite confident that you want to be “on the inside”, even with the nominal fee for admission.
I am hesitant to post any of the trades we are watching for next week as they have not been loaded in the Trade Plans yet. They are simply ideas and will require more analysis.
Also, our system has not run the main updates to find next weeks trades, so these are just to show you for fun. Call it some “stocks to watch”.
CYTX – Keep a close eye for a break-out above the green line and into the yellow ellipse.
 |
This seems like a fairly risky stock, and perhaps we are a bit premature, but then again…
I would almost prefer another week of consolidation and then a break above the green horizontal line.
I will throw in one more on the watchlist, but this is not going to be a Trade Plan next week as I am certain we will find much higher probability set-ups.
 |
MSPD was the first Trade Plan of the year in 2010. Notice the green arrow and ellipse at the bottom left of the chart indicating the Entry.
It is still on the watchlist but we think perhaps we will get a better entry on this down the road and not necessarily next week.
You want a speculative stock? Sure, why not.
 |
The chart tells it all. We want to watch this stock as it moves toward the inevitable apex of the triangle. If and when it breaks out to the upside through the green trendline, we consider that a good speculative entry. The stop loss would be placed at the red line, say $1.70. If the stock fell below the red line before it exceeds the green line, then the trade is “no bien” and discarded in the heap of ones that didn’t “behave”.
As a value-added service for our Members I thought I would share some interesting information I stumbled across.
Below you will find Goldman Sachs’ VIP List with the name of the stock followed by the number of hedge funds that own that stock in their top ten holdings.
- Apple (AAPL): 67 hedge funds hold it as a top ten holding
- Pfizer (PFE): 45
- Bank of America (BAC): 37
- Google (GOOG): 37
- JPMorgan Chase (JPM): 36
- Microsoft (MSFT): 36
- Mastercard (MA): 29
- DirecTV (DTV): 27
- Wells Fargo (WFC): 27
- CVS Caremark (CVS): 24
- Citigroup (C): 23
- Hewlett Packard (HPQ): 23
- Monsanto (MON): 23
- Visa (V): 23
- Cisco Systems (CSCO): 21
- Walmart (WMT): 21
- Oracle (ORCL): 18
- Qualcomm (QCOM): 18
- Exxon Mobil (XOM): 18
- Ebay (EBAY): 17
- Wellpoint (WLP): 17
- Intel (INTC): 16
- Mead Johnson Nutrition (MJN): 16
- Merck (MRK): 16
- Johnson & Johnson (JNJ): 15
- Liberty Media (LSTZA): 15
- Amazon (AMZN): 14
- Apache (APA): 14
- EMC (EMC): 14
- Express Scripts (ESRX): 14
- Ford Motor (F): 14
- IBM (IBM): 14
- Lear (LEA): 14
- Teva Pharmaceutical (TEVA): 14
- Yahoo (YHOO): 14
- Crown Castle (CCI): 13
- McDonald’s (MCD): 13
- Transocean (RIG): 13
- Barrick Gold (ABX): 12
- SBA Communications (SBAC): 12
- US Bancorp (USB): 12
- Anadarko Petroleum (APC): 11
- Berkshire Hathaway (BRK.B): 11
- Philip Morris International (PM): 11
- Transdigm Group (TDG): 11
- Target (TGT): 11
- Thermo Fisher Scientific (TMO): 11
- American Tower (AMT): 10
- Comcast (CMCSA): 10
- Freeport McMoran (FCX): 10
Of the stocks mentioned, there are a handful that are brand new additions to Goldman’s VIP list. This means that enough hedge funds have brought their stakes in the company up to a top 10 position in their respective portfolios. Positions that hedgies added largely to in the fourth quarter include: Wells Fargo (WFC), Mead Johnson (MJN), Merck (MRK), Liberty Media (LSTZA), Amazon (AMZN), Apache (APA), IBM (IBM), Lear (LEA), Crown Castle (CCI), SBA Communications (SBAC), US Bancorp (USB), Anadarko Petroleum (APC), Target (TGT), American Tower (AMT), and Freeport McMoran (FCX).
Read more: http://www.marketfolly.com/2010/03/goldman-sachs-vip-list-most-important.html#ixzz0hMn4oajm
Lastly, I wanted to demonstrate the value of the Earnings Scan with a Widget View from today.
 |
The Widgets are excellent in that they show the Top-10 picks form each scan in real-time each day along with live 15-minute charts.
The Earnings list consists of stocks that have released in the past 3 days that are making a significant move from the Open. If you get a chance pull up the chart on these so you can see how they did today and over the past few days. You will want to see the move in SXCI yesterday where it went from 52 to 60. Then it was a pick again today at 58.92 and closed at 62, wow. Shows you what an earnings release can do.
Ok, so next week we will do another “big picture” look at the overall market. As you know, the past three weeks we have been quite constructive on the market as the S&P managed to close above the 30-week moving average and the 10-week is still above the 30-week (see prior posts).
So that’s it folks. Enjoy your weekend and I hope you locked in a bunch of profits last week because we are very likely to turn negative in the short-term. The market is quite overbought at this point. Next week will be very tricky so be sure to join us in the Live Broadcast Monday morning.
If you are not a Member of Investing Systems research Lab please click the logo below and show your support by joining.
 |
 |
Download The Market Toolbox
Desktop Financial Portal
The World’s Most Comprehensive Financial Software