el vez, re: small caps. I agree; today or tomorrow, the big caps rise again. Everywhere I looked last night I saw big cats poised to leap.....
Here's what I wrote friends....
I will reiterate a historic fact going back to 1920..... the last 5 trading days of a month and first 2 of the new month, due to institutional buying (funds, etc), are usually the greatest profit making days, exceeding the gains of the other 2/3rds of each month by far.
So I believe now through next week will largely be great days and I found a TON of stuff that looks ready..... so rearrange your whole portfolio if necessary and have fun!
IWOV
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It's one of the top five? How do their market caps compare?
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It would have to rise 130% just to catch up to MERQ. Put another way, $122 would have to rise to $280 to catch up. Now that won't happen instantly. But the chart shows $145 to be a common upper resistance limit:
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Another resistance level exists around 168; only once has it exceeded that, running to 178, or the final resistance point.
It's safe to say it will run from 122 to 145 (19%) and it's likely to go to the second point, 158 (29%, cumulative). I half expect it to settle there, drift down to 150, then power up again and run to 200, perhaps in the next 12 days.
Just hitting its previous peak is a 38% rise from its current spot. It will take more than that article to accomplish. Buying now, and selling at or above 154 is pretty safe. And you can likely bet a fair amount of money on it.
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Required reading on a QCOM sell order and two oil warnings
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I think KOREA at 64, is poised to run to75 (17%) within 2 days, to match its old high.
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This following group has earnings due today. These are my predictions:
SFE at 156, will pop to near 180 for 15%.
ICGE at 119, will pop to 150 for 26%
LUMT at 30, will pop to 35 for 16%. Earnings after the close.
Before you buy them, check for news by 9:25 a.m.
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VION at 15, may run to 20 today
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PFSW at 40, I see 44 or 50 within 2 days (10%-25%)
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NAVI at 145, earnings due in 8 days, going to 200 for 38%
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ISLD
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But I expect a drop.
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CMGI has 3 weeks till earnings (about 3/15). At 120, it should hit its old high of 165 in that time, at minimum. That's 37% in 3 weeks.
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ATON at 91, should go to 107 in 2 days tops (17%)
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FDRY at 120, should hit 156 within 3 days for 30%
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CLIC... believe it or not, I think at 46.5, it's going to 60 in a hurry, for 30%
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This next group, through VRTS, works toward the end of 3 week runs seemingly because of this WSJ article:
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ADIC at 74, will hit 100 within a week for 33%
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MTIC at 44.5, will hit 50 today for 12%.
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CMNT at 22.5, will go to 27 (20%) today or tomorrow.
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ANCR at 55, will go to 72 within 3 days for 30%
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ZOOX at 50, going to 75 within 8 days for 50%
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QLGC at 135, going to 150 today, for 11%
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VRTS at 183, to 201 today for 10%
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DDDC at $42.75, last 2 days of news will pop it to 52 within 2 days for 20%, based on the IGLD rollout Friday..... MAYBE
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IGLD back down to 21; I anticipate this being at 30 in 3 days of trading, for a 40% gain. Earnings tomorrow, but I'm betting the portal comes by Monday.
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GLDN has doubled in less than 3 weeks and may have a little pop yet, after yesterdays.
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PHCM at 147, looks ready for 160-170 today (9%-16%), but I expect 180 within a week 22%
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BBSW at 122, looks like 140 today for 15%
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EPNY at 158, and reiterate target of 250
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EXLN at 22.5, going to 28 for 24% within 2 days
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IMAN at 19.75, going to 30 within 8 days (50%)
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FMKT at 204 after 3 days of big news, set to pop BIG... to 300 by end of next week; about 48%.
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COMS at 77-5/8, expect 92 in 2 days for 19% due to PALM ipo next week.
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BLSW rebound from 75 to 100 in 2 days for 33%
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INAP at 78, will hit 100 within 2 days for 26%
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This plus pending press conference sends XYBR to 20 for 34% today or tomorrow. XYBR on X-files!
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ONDS, by tomorrow, on lotsa news, begins its ascent from 88 to 150 by next Friday... you do the math!
NASDAQ heads to new records before FOMC meets !
Hope we can all have fun! |
