New Watch List: Emerging Opportunities

After reviewing the current watch lists, we designed a new model to find stocks most likely to outperform the market over the next 30 days. This scan runs every 20 minutes and assigns a buy opportunity ranking to every stock. The top 50 opportunities are listed from the entire pool of 7000 stocks.

Visit the spreadsheet

Cheers


In Development
- Sector Momentum Modified Watch List
- Blue Fin dashboard

End Of Week Observation - Are we overbought?


Looking at the Top 50 Stocks by Sector and Momentum makes me question how much further this move can go. Most stocks have a 30 day growth greater than 10% (47 of 50).

Will we get some sector rotation next week? Pull back?

This weekend I will be posting a Modified Sector List. Should be interesting to see how those results look.

How to Spot an "Overextended" Stock

Newpark Resources, Inc.  (Public, NYSE:NR)

This is one of those concepts that eluded me for awhile ( and still does from time to time ), figuring out when a stock is overextended versus being at a proper buy point.

Some times the earnings are just so tempting we try to "force" the trade. Did the stock just pummel earnings? Raised guidance? "It's a no brainer, right"?! Eventually the stock will pullback triggering stops or worse twisting your mind while you watch all your gains fade away.

You need to balance the fact that a company had blow-out earnings with the reality that they have had a run-up to the day of the earnings release. When choosing stocks to enter, be selective and when in doubt, stay out.

7/30/2010 - Pre-Market Earnings Update (23 Stocks)

23 Stocks with earnings surprise >= 50%.  For more details visit the Earnings Watch List.

Company Symbol Surprise
Town Sports International Holdings, Inc. CLUB 350
Sony Corporation (ADR) SNE 293
Maxwell Technologies Inc. MXWL 200
CapitalSource, Inc. CSE 160
Insulet Corporation PODD 143
CDI Corp. CDI 117
AMERIGROUP Corporation AGP 111
Monster Worldwide, Inc. MWW 100
Standard Pacific Corp. SPF 100
Coventry Health Care, Inc. CVH 94
Sierra Wireless, Inc. (USA) SWIR 75
Arch Coal, Inc. ACI 72
Newpark Resources, Inc. NR 71
Power-One, Inc. PWER 70
Sunoco, Inc. SUN 70
SPS Commerce, Inc. SPSC 67
Domtar Corp. (USA) UFS 67
AXT, Inc. AXTI 62
Brookfield Properties Corporation (USA) BPO 54
DDi Corp. DDIC 53
Asset Acceptance Capital Corp. AACC 50
GSI Technology, Inc. GSIT 50
On Assignment, Inc. ASGN 50

How to Help Support the Site

I have had a few emails asking about what people can do to help out the site. Honestly, the best thing you could do is tell a friend, or visit these links and provide some positive feedback :) Thanks!



1. The Patient Fisherman

2. Scroll to the bottom of the page and leave comment:
http://technorati.com/blogs/patientfisherman.blogspot.com

3. Scroll to the bottom of the page and leave comment:
http://www.blogcatalog.com/blogs/the-patient-fisherman.html

7/29/2010 - Pre-Market Earnings Update (28 stocks)

28 stocks with a earnings surprise >= 50%. For more details visit the Earnings Watch List

Company Symbol Surprise
BioMed Realty Trust, Inc. BMR 1300
Bunge Limited BG 771
Brunswick Corporation BC 650
Compellent Technologies, Inc. CML 300
Logitech International SA (USA) LOGI 267
Hornbeck Offshore Services, Inc. HOS 243
Stoneridge, Inc. SRI 240
Patterson-UTI Energy, Inc. PTEN 217
Unifi, Inc. UFI 200
First Commonwealth Financial FCF 200
Encore Wire Corporation WIRE 192
iRobot Corporation IRBT 150
The Goodyear Tire & Rubber Company GT 140
Five Star Quality Care, Inc. FVE 133
Cadence Design Systems, Inc. CDNS 133
LoopNet, Inc. LOOP 100
Nektar Therapeutics NKTR 88
Skechers USA, Inc. SKX 86
Cardionet Inc BEAT 80
HealthSpring, Inc HS 69
Agnico-Eagle Mines Limited (USA) AEM 64
The Timken Company TKR 63
Digital River, Inc. DRIV 60
Newport Corporation NEWP 57
SFN Group Inc SFN 50
PC Connection, Inc. PCCC 50
Graham Corporation GHM 50
Interpublic Group of Companies, Inc. IPG 50

New Tools....

Over the next month, I will be rolling out a new tool: Bluefin Screening Engine. This is a custom application built for my own use over the past few years. It reduces the amount of elbow grease used for stock selection. Very handy for the working people and I'm sure full-time traders will benefit as well.

A few features include:
   - View possible buy candidates from all watch lists on a single page.
   - Group stocks by sector and watch list.
   - Sort stocks by key data points like % of High, Volume Surge, 5 Day Growth....
   - See which sectors are having significant interest for the day.
   - Stop price, total shares, and amount at risk calculated on the fly.

7/28/2010 - Pre-Market Earnings Update

13 Stocks with earnings surprise >= 50%.  For more details visit the Earnings Watch List.

CompanySymbolSurprise
Rocky Brands, Inc.RCKY270
Kona Grill, Inc.KONA267
AK Steel Holding CorporationAKS243
Silicon Image, Inc.SIMG200
Universal Stainless & Alloy ProductsUSAP126
The Spectranetics CorporationSPNC100
Manitowoc Company, Inc.MTW100
CB Richard Ellis Group, Inc.CBG100
Zix CorporationZIXI100
Las Vegas Sands Corp.LVS89
JMP Group Inc.JMP75
RPC, Inc.RES68
ArcelorMittal (ADR)MT61

7/27/2010 - Pre-Market Earnings Update

12 stocks with a earnings surprise >= 50%. For more details visit the Earnings Watch List


Company Symbol Surprise
A.M. Castle & Co. CAS 200
Under Armour, Inc. UA 133
CIT Group Inc. CIT 115
PAR Technology Corporation PTC 100
Umpqua Holdings Corporation UMPQ 100
PrivateBancorp, Inc. PVTB 95
L.B. Foster Company FSTR 76
CTS Corporation CTS 69
Patriot Coal Corporation PCX 56
Montpelier Re Holdings Ltd. MRH 52
Rockwood Holdings, Inc. ROC 51
QLT Inc. (USA) QLTI 50

July 26, 2010 - After Hours Earnings Surprises

Stocks with Earnings Surprise >= 50%. For more details visit the Earnings Watch List

CTS      CTS Corp          69%
MRH    Montpelier Re     52%

Earnings Preview - 281 Stocks To Watch this Week

We have another busy week ahead of us. The Earnings Watch List will be updated twice a day, before the open and in the evenings. The should significantly speed up your research.

Listed below are 281 stocks within 10% of their 6 month high. Reaching new highs, along with blow-out earnings, low float and upward guidance can thrust the stock to new highs for several weeks.

CompanySymbolRSIPrcnt1MnthHiPrcnt6MnthHi
AmerisourceBergen Corp.ABC647.298.24
Barrick Gold Corporation (USA)ABX7410.3310.33
American Physicians CapitalInc.ACAP983.183.18
American Campus CommunitiesInc.ACC680.858.05
ACE LimitedACE675.745.74
Arch Capital Group Ltd.ACGL780.190.65
Alcon, Inc.ACL522.135.87
Active PowerInc.ACPW94NULL22
Alberto-Culver CompanyACV821.971.97
Automatic Data ProcessingADP490.248.42
Advent SoftwareInc.ADVS950.620.62
Associated Estates Realty CorporationAEC714.268.29
American Electric Power CompanyInc.AEP8311
AFLAC IncorporatedAFL730.210.7
AGL Resources Inc.AGL760.333.02
American Capital Agency Corp.AGNC754.144.14
Aspen Insurance Holdings LimitedAHL490.679
Assurant, Inc.AIZ863.083.16
Arthur J. Gallagher & Co.AJG760.844.33
Akamai TechnologiesInc.AKAM981.743.57
Acadia Realty TrustAKR650.399.49
Albemarle CorporationALB860.275.85
Alexander & BaldwinInc.ALEX700.189.81
Alaska Communications Systems GroupIncALSK920.330.33
Applied Micro Circuits CorporationAMCC951.986.73
AMETEK, Inc.AME910.260.26
Anworth Mortgage Asset CorporationANH8500
Acme PacketInc.APKT991.221.22
Ariba, Inc.ARBA981.961.96
Alexandria Real Estate EquitiesInc.ARE850.185.68
Arris GroupInc.ARRS760.089.59
ATC Technology Corp.ATAC971.063.28
Allegheny Technologies IncorporatedATI800.0810.21
AXT, Inc.AXTI981.636.92
AstraZeneca plc (ADR)AZN873.43.4
The Boeing CompanyBA641.2210.62
Banco Bradesco SA (ADR)BBD636.117.66
Balchem CorporationBCPC91NULL4
BE AerospaceInc.BEAV900.073.51
Baldor Electric CompanyBEZ882.786.65
B&G FoodsInc.BGS855.095.09
Ball CorporationBLL870.240.24
BMC SoftwareInc.BMC6207.51
BioMed Realty TrustInc.BMR830.239.13
Bemis CompanyInc.BMS8003.96
Beneficial Mutual BancorpInc.BNCL73NULL10
Bank of Hawaii CorporationBOH860.436.04
Brookfield Properties Corporation (USA)BPO800.138.25
Broadcom CorporationBRCM930.130.13
Compania de Minas Buenaventura SA (ADR)BVN943.183.18
BorgWarner Inc.BWA921.223.55
Boardwalk Pipeline PartnersLPBWP871.991.99
Boston PropertiesInc.BXP860.164.14
Cavium NetworksInc.CAVM960.030.03
Companhia Brasileira de Distrib. (ADR)CBD842.14.02
Coca-Cola Enterprises Inc.CCE9001.45
Crown Castle International Corp.CCI7801.1
CDI Corp.CDI900.949.81
Chemed CorporationCHE63NULL9
C.H. Robinson WorldwideInc.CHRW850.182.04
Chimera Investment CorporationCIM4708.98
Cincinnati Financial CorporationCINF510.519.32
Colgate-Palmolive CompanyCL630.873.11
Clarient, Inc.CLRT964.154.15
Comcast CorporationCMCSA880.466.03
Cummins Inc.CMI961.31.3
Capstead Mortgage CorporationCMO740.329.93
Compass Minerals InternationalInc.CMP670.375.98
CMS Energy CorporationCMS760.063.66
Concur TechnologiesInc.CNQR931.111.11
Coherent, Inc.COHR910.644.3
Canadian Pacific Railway Limited (USA)CP860.414.9
Capella Education CompanyCPLA790.198.49
Capital Product Partners L.P.CPLP780.797.56
Calpine CorporationCPN910.642.24
Ceradyne, Inc.CRDN359.1715.71
CARBO Ceramics Inc.CRR951.671.67
Carlisle CompaniesInc.CSL730.267.04
Citrix SystemsInc.CTXS8004.26
CVB Financial Corp.CVBF870.469.62
Cenovus Energy Inc (ADR)CVE882.444.96
Dominion ResourcesInc.D820.210.35
Double-Take SoftwareInc.DBTK8605.3
NTT DoCoMoInc. (ADR)DCM72NULL6
E.I. du Pont de Nemours & CompanyDD800.297.5
Duncan Energy Partners L.P.DEP931.61.6
Dolby LaboratoriesInc.DLB930.541.98
DPL Inc.DPL440.658.83
Dr Pepper Snapple Group Inc.DPS940.180.18
Dresser-Rand Group Inc.DRC820.094.35
DTE Energy CompanyDTE800.62.02
Ecopetrol S.A. (ADR)EC96NULL1
Ecolab Inc.ECL8700.87
The Empire District Electric CompanyEDE820.31.25
Energen CorporationEGN571.216.89
EarthLink, Inc.ELNK620.467.91
EMCOR GroupInc.EME820.7910.94
Enbridge Inc. (USA)ENB840.541.9
Endo PharmaceuticalsENDP870.583.66
Endurance Specialty Holdings Ltd.ENH800.433.68
Enersis S.A. (ADR)ENI830.287.92
Encore Energy Partners LPENP670.3110.38
Entropic CommunicationsInc.ENTR991.251.25
Enterprise Products Partners L.P.EPD930.620.62
EPIQ SystemsInc.EPIQ813.213.21
Entertainment Properties TrustEPR710.110.98
Equity ResidentialEQR900.686.83
Erie Indemnity CompanyERIE92NULL2
Exar CorporationEXAR59NULL12
Extra Space StorageInc.EXR910.138.03
EZchip Semiconductor Ltd.EZCH960.760.76
Fair Isaac CorporationFICO770.29.44
FMC CorporationFMC582.448.19
Fomento Economico Mexicano SAB (ADR)FMX652.66.81
First Potomac Realty TrustFPO810.635.77
First SolarInc.FSLR950.018.22
Nicor Inc.GAS780.112.01
Greatbatch Inc.GB872.575.32
CGI Group Inc. (USA)GIB850.52.01
Goodrich CorporationGR680.468.95
GSI TechnologyInc.GSIT963.426.35
GrafTech International Ltd.GTI9505.51
Hanger Orthopedic GroupInc.HGR496.28.55
HMS Holdings Corp.HMSY902.472.47
Hill-Rom HoldingsInc.HRC766.269.25
Hospira, Inc.HSP804.274.27
HSW InternationalInc.HSWI10011.0211.02
Hatteras Financial Corp.HTS9100.23
Hexcel CorporationHXL980.430.43
IAC/InterActiveCorpIACI820.041.96
Empresas ICA SA (ADR)ICA551.8910.45
ICON plc (ADR)ICLR7111.0511.05
L-1 Identity SolutionsInc.ID791.258.14
InterDigital, Inc.IDCC690.379.07
Idenix PharmaceuticalsInc.IDIX10000
Illumina, Inc.ILMN817.047.04
Imperial Oil Limited (USA)IMO610.719.51
Internet BrandsInc.INET930.94.35
iRobot CorporationIRBT933.98.48
Investors BancorpInc.ISBC555.588.97
ITC Holdings Corp.ITC811.081.08
Kellogg CompanyK344.098.75
KBR, Inc.KBR850.356.43
KEMET CorporationKEM1002.42.4
Kirby CorporationKEX900.695.21
Kansas City SouthernKSU802.669.38
Lan Airlines S.A. (ADR)LFL981.291.29
Lennox International Inc.LII760.2810.55
Linn EnergyLLCLINE940.760.76
LKQ CorporationLKQX850.144.68
Lorillard Inc.LO580.247.25
LogMeIn, Inc.LOGM988.748.74
LoopNet, Inc.LOOP93NULL6
Lam Research CorporationLRCX923.343.34
Las Vegas Sands Corp.LVS956.758.26
Lubrizol CorporationLZ860.165.71
Metabolix, Inc.MBLX991.911.91
McKesson CorporationMCK575.548.2
MFA Mortgage InvestmentsMFA762.322.32
Mead Johnson Nutrition COMJN870.181.25
Motorola, Inc.MOT904.324.32
Merge Healthcare Inc.MRGE98NULL3
MWI Veterinary SupplyInc.MWIV96NULL2
Neurocrine BiosciencesInc.NBIX10010.9110.91
Newmont Mining CorporationNEM906.836.83
NetLogic MicrosystemsInc.NETL930.227.63
NII HoldingsInc.NIHD8009.26
Annaly Capital ManagementInc.NLY702.674.64
Navios Maritime Partners L.P.NMM900.279.12
Newpark ResourcesInc.NR990.130.87
Norfolk Southern Corp.NSC701.458.33
NutriSystem Inc.NTRI907.338.55
NBTY, Inc.NTY9800
Northwest BancsharesInc.NWBI532.47.74
NorthWestern CorporationNWE840.146.7
New York Community BancorpInc.NYB772.387.58
Realty Income CorpO810.227.04
OneBeacon Insurance GroupLtd.OB721.7410.63
Old Dominion Freight LineODFL920.262.52
Odyssey HealthCareInc.ODSY982.312.53
Omega Healthcare InvestorsInc.OHI9400
O'Reilly AutomotiveInc.ORLY891.75.15
Occidental Petroleum CorporationOXY542.29.73
PACCAR IncPCAR910.585.08
Public Service Enterprise Group Inc.PEG870.411.29
P.F. Chang's China BistroPFCB541.6410.76
Provident Financial ServicesInc.PFS850.629.08
Phase Forward IncorporatedPFWD920.30.88
Plantronics, Inc.PLT870.095.84
Insulet CorporationPODD487.9410.79
Pharmaceutical Product DevelopmentInc.PPDI893.649.16
Deltek Inc.PROJ477.7110.94
Pioneer Southwest Energy Partners L.P.PSE952.252.25
Patterson-UTI EnergyInc.PTEN850.79.27
Pactiv CorporationPTV9522
Penn Virginia GP HoldingsL.P.PVG900.754.27
Penn Virginia Resource Partners L PPVR850.133.89
Power-One, Inc.PWER1000.490.49
Praxair, Inc.PX840.054.06
Quest SoftwareInc.QSFT840.056.7
Rogers Communications Inc. (USA)RCI790.753.5
Ruddick CorporationRDK930.036.08
Radware Ltd.RDWR970.250.46
Repsol YPFS.A. (ADR)REP760.137.72
RPC, Inc.RES990.180.18
Rock-Tenn CompanyRKT930.72.88
RenaissanceRe Holdings Ltd.RNR721.032.75
Rollins, Inc.ROL670.594.83
Roper IndustriesInc.ROP860.483.03
Rovi CorporationROVI961.091.09
Republic ServicesInc.RSG8900
Rayonier Inc.RYN870.083.79
Signature BankSBNY672.8110.25
SCANA CorporationSCG780.052.68
COMSCORE, Inc.SCOR921.033.23
Sealed Air Corp.SEE870.263.2
Shutterfly, Inc.SFLY941.261.26
SuccessFactors, Inc.SFSF930.353.72
Seattle GeneticsInc.SGEN813.858.77
Siemens AG (ADR)SI8403.51
Selective Insurance GroupSIGI372.9610.88
Tanger Factory Outlet Centers Inc.SKT841.931.93
Sun BancorpInc.SNBC98NULL8
SonicWALL, Inc.SNWL963.773.77
The Southern CompanySO860.030.03
Simon Property GroupIncSPG800.196.71
Support.com, Inc.SPRT995.915.91
Stericycle, Inc.SRCL923.373.37
Sempra EnergySRE710.343.35
Questar CorporationSTR940.410.41
Strayer EducationInc.STRA603.289.89
Suncor Energy Inc. (USA)SU651.479.77
Sun CommunitiesInc.SUI910.5310.72
Sunoco, Inc.SUN927.797.79
Synaptics, IncorporatedSYNA920.477.28
TAL International GroupInc.TAL971.676.62
TC Pipelines LPTCLP92NULL4
Taubman CentersInc.TCO622.910.9
Teledyne Technologies IncorporatedTDY700.317.54
Tenneco Inc.TEN892.0410.95
Triumph GroupInc.TGI940.359.43
Thermadyne Holdings Corp.THMD99NULL6
Thoratec CorporationTHOR957.4610.68
Telmex InternacionalS.A.B. DE CV (ADR)TII58NULL9
Temple-Inland, Inc.TIN872.3110.43
Talecris Biotherapeutics Holdings CorpTLCR780.4110.9
Taleo CorporationTLEO850.235.33
Torchmark CorporationTMK592.99.39
Thomson Reuters Corporation (USA)TRI760.693.83
TransCanada Corporation (USA)TRP621.457.05
Taiwan Semiconductor Mfg. Co. Ltd. (ADR)TSM710.387.02
Tyco International Ltd.TYC521.98.59
Tortoise Energy Capital CorporationTYY91NULL5
Under ArmourInc.UA960.243.73
Universal American CorporationUAM616.329.32
Unifi, Inc.UFI884.385.03
UGI CorporationUGI860.110.11
The Ultimate Software GroupInc.ULTI860.24.16
USA MobilityInc.USMO81NULL14
USANA Health SciencesInc.USNA97NULL0
United Stationers Inc.USTR40NULL14
Varian Medical SystemsInc.VAR830.183.29
Virage Logic CorporationVIRL990.080.08
Volterra Semiconductor CorporationVLTR934.89.79
Virgin Media Inc.VMED960.40.4
Vanguard Natural Resources LLCVNR870.42.35
Volcano CorporationVOLC710.9910.21
Virtusa CorporationVRTU922.916.64
Ventas, Inc.VTR880.080.08
WABCO Holdings Inc.WBC980.230.23
Wisconsin Energy CorporationWEC880.040.04
Whiting Petroleum CorporationWLL842.568.3
Waste ManagementInc.WM576.366.67
Williams Partners L.P.WPZ954.434.43
W.R. Berkley CorporationWRB603.084.98
Washington Real Estate Investment TrustWRE7009.35
World Acceptance Corp.WRLD861.546.96
Willis Group Holdings PLCWSH730.48.26
Wright Express CorporationWXS890.094.67
Wynn ResortsLimitedWYNN932.196.71
Xcel Energy Inc.XEL800.220.22