Monday, September 10, 2012
KSW to be acquired
Looks as if I am not the only one to see a lot of value in KSW. The company is being acquired for $5 a share, about a 25% premium. I think this price is a steal. Kudos to the acquiring firm and thank you KSW for all the profitable trades over the years!
Thursday, September 6, 2012
A strong Market breeds strong stocks
Some hot stocks today, up on high relative volume:
RFIL SNFCA BDSI APP STL POPE CRWS KSW PEBK BTC PAR CBM REED BSRR CFNL
Click here for these stocks at finviz.com
One will note CRWS BDSI APP KSW have all gotten some mention here in the past few weeks. So far all my highlighted stocks on this blog have done real well. Today I have bought some KSW at $4 and look to accumulate some more. I had a bid in on CRWS for a while at $6 but pulled it and put a bid in on KSW instead. I still hold OFI and CLBH.
The general market as measured by the S&P 500 is in a giant base with handle, with the breakout starting this week and confirmed if we close above 1420 today on the S&P 500. Here is a link to how I would view the breakout.
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p96456529413
A very important factor from my perspective to confirm a possible longer term bull or good rally is the strength of small cap stocks versus large cap stocks. I measure this using the ratio of the Russell 2000 to the S&P 500 as charted here
http://stockcharts.com/h-sc/ui?s=$RUT:$SPX&p=D&yr=0&mn=9&dy=0&id=p38619738156
As you can see the Russell 2000 has been outperforming the S&P 500 since the beginning of August. This is great news as investors are becoming more speculative and this is also great news for us small cap investors. We will start to see many many breakouts and many big moves in the coming weeks. Unless, of course, there is some really bad news in the works.
Speaking of news, the unemployment news out this week has been great. This could fuel a rally in and of itself.
Happy investing all.
RFIL SNFCA BDSI APP STL POPE CRWS KSW PEBK BTC PAR CBM REED BSRR CFNL
Click here for these stocks at finviz.com
One will note CRWS BDSI APP KSW have all gotten some mention here in the past few weeks. So far all my highlighted stocks on this blog have done real well. Today I have bought some KSW at $4 and look to accumulate some more. I had a bid in on CRWS for a while at $6 but pulled it and put a bid in on KSW instead. I still hold OFI and CLBH.
The general market as measured by the S&P 500 is in a giant base with handle, with the breakout starting this week and confirmed if we close above 1420 today on the S&P 500. Here is a link to how I would view the breakout.
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p96456529413
A very important factor from my perspective to confirm a possible longer term bull or good rally is the strength of small cap stocks versus large cap stocks. I measure this using the ratio of the Russell 2000 to the S&P 500 as charted here
http://stockcharts.com/h-sc/ui?s=$RUT:$SPX&p=D&yr=0&mn=9&dy=0&id=p38619738156
As you can see the Russell 2000 has been outperforming the S&P 500 since the beginning of August. This is great news as investors are becoming more speculative and this is also great news for us small cap investors. We will start to see many many breakouts and many big moves in the coming weeks. Unless, of course, there is some really bad news in the works.
Speaking of news, the unemployment news out this week has been great. This could fuel a rally in and of itself.
Happy investing all.
Wednesday, September 5, 2012
KSW high volume
For the second day in a row KSW has high relative volume as it attempts a breakout. I highlighted the excellent fundamentals of the company on August 29th. This company should be near the top of any small cap investor's list.
CRWS breakout?
This stock is still trying a breakout. There is likely going to be plenty of resistance all the way through $6. However, its been in the base for a while so a breakout could produce big results.
Tuesday, September 4, 2012
Charts of interest 9/4
BDSI has formed a nice cup like formation
BLMN is a recent IPO that could be interesting above $13.50
CRWS might be trying a breakout today. Volume is high and its at the high point of the consolidation
KSW above $4 would be real interesting. A 10k block has gone through today.
NGNM forming a flag
OFI is in the handle. Company exploring strategic alternatives or something like that
small bank/financial stocks of interest
BKSC chart shaping up, but needs some days of high relative volume or clear price movement
BOCH has moved off the bottom. $4.40 is a pivot point
BSRR above $11 on volume would make it interesting
BTC in the handle with $2.50 as a pivot point
CFNL an up move on over 100k volume would be interesting
COBZ in the handle of a large base
CSFL in the handle of a base
CVLY a stair stepper that had an interesting volume day Friday
FCAL in a rather flat base
FXCB started a breakout Friday.
HAFC has made a flag.
MBTF needs a couple of days of volume moving out of the consolidation to be interesting.
MFNC extremely low volume stock. Formed a nice flag after a big move.
MNRK has been consolidating nicely.
MFSF above $11.50 on high relative volume would make this interesting
NASB a narrowing wedge
OABC has formed a base
OLBK in the handle
PEBK above $9.50 would get interesting
PFBI has a nice flag going. Got some good volume last week
PULB in the handle. A move on high relative volume above $7.90 would make it interesting
STL has formed a very long base. A close above $10 would be interesting
STSA in a handle
TPGI a REIT (I think) in the handle
UBOH a nice long consolidation
UCFC formed a nice base
WSBF has formed a flag after a breakout
For finviz charts of all those mentioned, click here
BLMN is a recent IPO that could be interesting above $13.50
CRWS might be trying a breakout today. Volume is high and its at the high point of the consolidation
KSW above $4 would be real interesting. A 10k block has gone through today.
NGNM forming a flag
OFI is in the handle. Company exploring strategic alternatives or something like that
small bank/financial stocks of interest
BKSC chart shaping up, but needs some days of high relative volume or clear price movement
BOCH has moved off the bottom. $4.40 is a pivot point
BSRR above $11 on volume would make it interesting
BTC in the handle with $2.50 as a pivot point
CFNL an up move on over 100k volume would be interesting
COBZ in the handle of a large base
CSFL in the handle of a base
CVLY a stair stepper that had an interesting volume day Friday
FCAL in a rather flat base
FXCB started a breakout Friday.
HAFC has made a flag.
MBTF needs a couple of days of volume moving out of the consolidation to be interesting.
MFNC extremely low volume stock. Formed a nice flag after a big move.
MNRK has been consolidating nicely.
MFSF above $11.50 on high relative volume would make this interesting
NASB a narrowing wedge
OABC has formed a base
OLBK in the handle
PEBK above $9.50 would get interesting
PFBI has a nice flag going. Got some good volume last week
PULB in the handle. A move on high relative volume above $7.90 would make it interesting
STL has formed a very long base. A close above $10 would be interesting
STSA in a handle
TPGI a REIT (I think) in the handle
UBOH a nice long consolidation
UCFC formed a nice base
WSBF has formed a flag after a breakout
For finviz charts of all those mentioned, click here
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