Despite the indexes not showing much action, a lot of churning under the surface as risk taking appetite appeared to increase, and many stocks shunned for 2 months were favored by the speculative set - showcased by moves back into some high beta technology, Chinese stocks, and solar. A big push back into smaller types of companies as this list is heavily weighted with stocks in the $2-$3B market capitalization range. I continue to find it interesting to see when the solar stocks move, they move en masse - without any differentiation - which makes this group still seem risky to me - there cannot be 100 winners in solar but they are treated all the same 90% of the time - either they are all "bad" or "good", depending on the mood of the market. This would highlight investors clearly have no way to determine the ultimate winners or losers in this group so they run up (or sell off) everything together. Last, the "commodities are dead" trade that was so popular last week, lasted all of 3 days - as it was reversed this week.

One group that caught my eye that has been dead for a long time are the land based US focused driller - Nabors, Patterson-UTI, et al. These have struggled for a long time but finally broke out this week, perhaps on the strength of the natural gas trade.

As always, criteria for the list below

1. Market cap >$2B
2. Stock price $10+
3. Average volume 100K+
4. Return 9%+

Green we own; blue we have owned in the past or discussed

Symbol	Company Name	% Price 1 Week
GU	Gushan Environmental Energy Ltd	50.8
CLWR	Clearwire Corp	38.4
STP	Suntech Power Holdings	33.5
RMBS	Rambus Inc	28.8
JASO	JA Solar Holdings Co Ltd	26.8
LDK	LDK Solar Co Ltd	25.6
YGE	Yingli Green Energy Holding Co Ltd	23.5
SPWR	SunPower Corp	20.7
CIT	CIT Group Ord Shs	20.5
HK	Petrohawk Energy Corp	19.2
GA	Giant Interactive Group Inc	18.6
PTEN	Patterson-UTI Energy Inc	18.5
FSLR	First Solar Inc	18.1
MON	Monsanto Co	17.7
CLR	Continental Resources Ord Shs	17.3
BJS	BJ Services Co	17.2
WLT	Walter Industry Ord Shs	16.3
ANR	Alpha Natural Resources Inc	16.1
EQIX	Equinix Inc	15.4
WBD	Wimm-Bill-Dann OAO	14.7
MOS	Mosaic Co	14.6
PDS	Precision Drilling Trust	14.1
CY	Cypress Semiconductor Corp	13.8
VRTX	Vertex Pharmaceuticals Inc	13.4
MDR	McDermott International Inc	13.3
WHQ	W-H Energy Services Inc	13.1
EAC	Encore Acquisition Co	12.6
MXIM	Maxim Integrated Products Inc	12.6
BRCM	Broadcom Class A Ord Shs	12.5
TLM	TALISMAN ENERGY INC	12.3
SPN	Superior Energy Services Inc	12.2
OII	Oceaneering International Inc	12.2
CTRP	Ctrip.com	12.2
DRC	Dresser-Rand Group Inc	12.1
TCK	Teck Cominco Ord Shs Class B	12.0
LEAP	Leap Wireless International Inc	11.9
AZ	Allianz ADR Reptg One Tenth Ord Shs	11.9
WFT	Weatherford International Inc	11.8
SM	St Mary Land & Exploration Co	11.6
CEO	CNOOC ADR representing 100 Class H Shares	11.6
MEE	Massey Energy Co	11.4
MR	Mindray Medical International Ltd	11.4
POT	Potash	11.3
SNDA	Shanda Interactive Entertainment Ltd	11.2
CENX	Century Aluminum Co	11.2
WTI	W&T Offshore Inc	11.1
CBI	Chicago Bridge & Iron Co NV	11.1
COG	Cabot Oil & Gas Corp	11.0
AG	AGCO Corp	10.9
FCX	Freeport McMoRan Copper & Gold Ord Shs	10.9
RIO	Companhia Vale Do Rio Docea	10.8
HTZ	Hertz Global Holdings Inc	10.7
BGC	General Cable Ord Shs	10.6
APA	Apache Corp Ord Shs	10.5
AAUK	Anglo American ADR	10.5
BEAV	BE Aerospace Inc	10.4
ACGY	Acergy ADR	10.4
CPN	Calpine Ord Shs When Issued	10.4
CPNZV	Calpine Ord Shs When Issued	10.4
RDY	Dr Reddy Labs Depository Receipt	10.3
PT	Portugal Telecom Sponsored ADR	10.3
ABB	ABB Ltd Depository Receipt	10.3
NOV	National Oilwell Varco Inc	10.2
IBN	ICICI Bank ADR representing 2 Ord Shs	10.1
TNH	Terra Nitrogen Co LP	10.0
QGEN	Qiagen NV	10.0
SWN	Southwestern Energy Co	10.0
NBR	Nabors Industries Ltd	9.9
RIMM	RESEARCH IN MOTION LIMITED	9.9
TDW	Tidewater Inc	9.8
TI	Telecom Italia ADR rep 10 shs	9.8
NTES	Netease.com Inc	9.7
WLL	Whiting Petroleum Corp	9.7
X	United States Steel Corp	9.7
ATW	Atwood Oceanics Inc	9.5
DNR	Denbury Resources Inc	9.5
ACI	Arch Coal Ord Shs	9.4
KB	Kookmin Bank ADR	9.4
ACH	Aluminum Corporation of China ADR	9.4
FST	Forest Oil Corp	9.3
KWK	Quicksilver Resources Inc	9.1