Some names I am looking at early this weekMondayFund holdings
) and First National Financial
). The former broke through the 200 day moving average Thursday but I cut it down to 1 share on super froth. The latter has been stagnat the past 8 days, with each day an intraday low hitting the 50 day moving average. Very strange. I cut back a bit to a 2.5% stake since I have double jeopardy in these guys with FNF and FAF. I expect good things but the stock action has been weak"ish" and this is the more expensive of the two - not that it matters because nowadays all sectors move together.Masco
) - if the Mohawk (MHK) gameplan is on, all they have to say is business has stabilized at multi decade lows and a nice 30% gain should be had. The company is expected to lose money in 2009 and make a whopping 18 cents in 2010, so at $10 it's already at 50x 2010 earnings but analysts don't see the roaring housing market of spring 2009 forward that the stock market does. Whirpool (WHR) is in the exact same spot... also reports Monday - even better Whirlpool has debt issues and pension issues - which means it should go up 50%.Qualcomm
) - moved its earnings to this week from last I believe due to finalizing a patent dispute with Broadcom (....BRCM
). I believe this dispute has been going on since horse carriages were all the rage... or at least it seems like it (ok really it's been since 2005). QCOM is a stealth play on Chinese upgrading cell networks as their technology appears to be the favored son.Short holding SL Green
) - about $4 BILLION worth of stock has been issued by REITs the past month, and there seems unquenchable thirst by investors to be diluted to no end. SLG has not done one yet - wouldn't it be timely to announce one on earnings? If the swine flu can knock this market down for longer than 30 seconds I will cover some portion ahead of earnings - I still contend the office market in NYC is in serious trouble but no one else seems to be worried judging by the stock.Smith International
) - oil services has begun a breakout; it looks like hot money is desperate to find new themes so it is turning under every rock.