AAPL - Speculation is swirling around Apple's new tablet device. Details are sketchy, but the device is expected to be the game-changer that the iPhone was for the cell-phone industry.
It looks like the e-reader category has finally reached the mainstream of consumer electronics thanks to the Amazon Kindle and an endorsement from Oprah.
On the technical side, the stock is bumping up against an all-time high and i'm expecting a move up to $220 shortly. Cramer has a target of $300 and many brokerages have targets in the $240 to $260 range.
AUY - AUY and GLD are now both below the daily range bands, but still positive on the weekly range banks. On the weekly chart, GLD is sitting right at the lower range bands, so its probably a good time to add to Gold positions if you're a long-term bull. I'm not in a hurry to add new positions.
C - Financials are rounding a small bottom and downside momentum appears to be waning.
CML - Compellent had a good week last week and IBD points out that the chart has made an entire cup-with-a-handle retracement since its IPO back in 2007. On the fundamental side, EPS surged 233% as sales rose 31% to 32 million. For the current quarter, analysts expect a 50% EPS growth with another %30 rise in sales.
DIA, EEM, EFA, SPY, XLB - Despite a rocky last day of 2009, all these ETF's are still looking strong and well above the daily and weekly range bands. EFA is the sloppiest of the bunch approaching the lower range band.
HMSY - Is the chart of the week, see my separate post on that.
KO - Coke is sitting right on the lower range band and appears to be taking a rest, probably a result of the recent strenght in USD.
MYRX - The daily is clearly in a downtrend since the company's decision to acquire Javelin Pharmaceuticals.
NEOG - Stock continues on an uptrend after recent good earnings.
SXCI - No news this past week except for a technical alert: " - 12/30/2009."
USO - Stock had a crossover on the daily range band to the upside and the weekly chart remains positive.
YUM - No real news, stock is stuck in a sideways pattern.
CD Review
Taxable
LEHMAN BROS FSB WILMINGTON DEL C/D FDIC INS TO LIMITS 5.30% 05/17/2010
GMAC AUTOMOTIVE BK MIDVALE UTAH C/D FDIC INS TO LIMITS 5.40% 06/21/2010
FARMERS & MERCHANTS BK TOMAH WIS C/D FDIC INS TO LIMITS 5.25% 07/12/2010
GMAC AUTOMOTIVE BK MIDVALE UTAH C/D FDIC INS TO LIMITS 5.60% 07/21/2010
Retirement
GMAC AUTOMOTIVE BK MIDVALE UTAH C/D FDIC INS TO LIMITS 5.40% 06/21/2010
GMAC AUTOMOTIVE BK MIDVALE UTAH C/D FDIC INS TO LIMITS 5.60% 07/21/2010
RG PREMIER BK HATO REY C/D FDIC INS TO LIMITS 5.45% 07/30/2010