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Weekly Alerts: Babies With Bathwater & Dogs With Fleas (11-06-2009)
By: J Clinton Hill   Sunday, November 08, 2009 11:58 PM

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At the end of each trading week, Hillbent scans the equity market for potential anomalies which exhibit extremely oversold and overbought conditions. Past observations have revealed that such candidates may experience reversal corrections to the upside or downside once the market reconfirms that their fundamentals remain solidly intact or relatively poor. From a contrarian perspective, these lists may also serve as a precursor to changes in institutional sentiment and underlying fundamentals.

 (The purpose of this report is not to provide specific recommendations, but instead serve as a time-saving reference tool and starting point for investment ideas as the upcoming trading week unfolds. Of course, the results generated are not always perfect and users are strongly encouraged to perform their own due diligence on these names. Note that overbought and oversold conditions are based upon proprietary algorithms and quantitative models instead of conventional technical analysis indicators. As a supplement to this report, please refer to our ETF Market Trends Report to determine if market direction trends support a bullish or bearish investment bias over short-term, intermediate, and long-term timeframes.)

 

1) Stocks with Hillbent's proprietary "A" (strongest) or "B" (next strongest) ranking in terms of positive fundamentals for revenue and earnings stability comprise what is better known as the "Weekly Babies With Bathwater" watchlist. (See results below)

 

Weekly Babies With Bathwater (11-06-2009)

 

      Wkly Wkly Vol Avg 5D Vol Hillbent
Company Ticker Price % Chg % Chg % Chg Grade
Aeropostale Inc ARO $33.70 -10.21 76 112 B
Crocs Inc CROX $5.75 -5.43 68 101 B
Coinstar Inc CSTR $28.96 -8.76 186 99 A
Dolan Media Co DM $11.25 -5.78 71 48 B
Euronet Worldwd EEFT $22.20 -6.13 66 105 A
Geokinetics Inc GOK $12.57 -21.83 100 92 A
Rosetta Stone RST $18.38 -11.42 65 90 B
Steven Madden SHOO $37.75 -6.79 40 111 A
Technitrol Inc TNL $6.24 -19.90 63 118 B
Tns Inc TNS $25.81 -8.67 76 129 B
Wonder Auto Tec WATG $11.97 -7.50 29 58 B

 

2) Stocks with Hillbent's proprietary "E" (weakest) or "D" (next weakest) ranking in terms of negative fundamentals for revenue and earnings stability represent what is better known as the "Weekly Dogs With Fleas" watchlist. (See results below)

 

Weekly Dogs With Fleas (11-06-2009)

 

      Wkly Wkly Vol Avg 5D Vol Hillbent
Company Ticker Price % Chg % Chg % Chg Grade
Anglo Amer -Plc AAUKY $19.73 9.01 -44 -30 E
Astec Inds Inc ASTE $24.25 5.44 -19 -2 E
China-Biotics CHBT $12.71 9.57 -74 -48 E
China Natrl Gas CHNG $13.27 12.94 -44 -42 D
Energy Conv Dev ENER $11.49 6.69 -42 -50 D
First Adv Corp FADV $18.72 6.36 -28 -41 D
Gulfmark Offshr GLF $29.14 5.31 -15 55 E
Interactive Brk IBKR $17.06 6.56 -7 35 E
Intrepid Potash IPI $27.15 5.40 -20 -24 E
Lg Philips -Adr LPL $12.62 6.05 -26 -25 E
Molina Hlthcr MOH $21.22 13.36 -31 49 E
Mosaic Co/The MOS $50.35 7.75 -20 -10 E
Nintendo Ltd NTDOY $33.27 5.92 -26 12 E
Verifone Hldgs PAY $14.29 7.44 -34 -39 E
Brf-Brasil Food PDA $53.00 9.57 -41 17 E
Polycom Inc PLCM $22.62 5.36 -23 -26 D
Privatebancorp PVTB $10.10 10.62 -70 86 E
Echostar Corp SATS $19.88 9.47 -30 -40 D
Spx Corp SPW $55.61 5.36 -53 -7 E
Telenorte L Adr TNE $20.73 8.76 -36 -22 E

 



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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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