A few stock picks that were presented in SMT's Weekly Newsletter are shown below.
These are also the type of stocks we concentrate on for
SMT's Premium Stocks service.
Stock Pick of the Week ! May 17, 2002
Based on the six-month chart of Restoration Hardware, Inc. (NasdaqNM: RSTO), we believe the stock is a good short sell candidate for
the upcoming week. Looking at the chart below, the stock is currently in a decending triangle pattern. The MACD and RSI are only complimenting
price movement which is downward. But, in today's feature article on
TheStreet.com,
titled "Looking Past the Shine on
Restoration Hardware", Tim Arango had a very negative outlook for the company. Based on this article and on what decending
triangles normally do, which is break to the downside, we feel it is worth shorting. Today, RSTO closed at $10.54. A short-term target was assigned
at $9.
Before
 |
After
- the percent gain in 4 trading days was
19.4% !!
 |
Exceeding Target
- the percent gain in 5 trading days was
22.9% !!
 |
Stock Pick of the Week ! June 21, 2002
Based on the six-month chart of P.F. Changs China Bistro, Inc. (NNM: PFCB), we believe the stock is a good short sell candidate for next
week. Looking at the chart below, the stock appears to be forming a rising wedge pattern, which can sometimes be considered bearish if the prior
move into the wedge was down. Members may want to short PFCB if there is any substantial selling volume early next week. Today, PFCB closed at
$33.45. A short-term target was assigned at ~$30.
Before
 |
After
- the percent gain in 2 trading days was
8.9% !!
 |
Exceeding Target
- the percent gain in about a month was
20.8% !!
 |
Stock Pick of the Week ! November 15, 2002
We believe VA Linux Systems, Inc. (NasdaqNM: LNUX) is a good "long buy" candidate for the months ahead. When reading
articles on IBM's web site, they mention that 33K developers are starting to write software for linux. This means linux will soon have
notable competition against Microsoft. Microsoft believes they will keep pace with new technology faster, but they may be
completely wrong. Never in history have there been more developers developing at such a fast pace for an operating system.
This is the whole advantage of open-source technology. No one "owns" it. So everyone is free to advance it at lightning speed.
Technically speaking, LNUX appears to be in a well-defined consolidation pattern and possibly under accumulation. When viewing
the 6-month chart of LNUX, the stock appears poised to break out any day. Back in August, the stock appreciated greatly from
$0.65 to over $1.50, but the 200-day MA provided substantial overhead resistance since it was so far away percentage-wise.
Currently, the 50-day is providing support. But, since the stock is very near the 200-day MA, we feel this level can be exceeded,
and possibly act as new support upon any advancement in price. We interpret these conditions as being bullish for LNUX, and
believe the stock should appreciate from current levels. Today, LNUX closed at $1.07. A one-month target was assigned at ~$1.25.
Before
 |
After
- the percent gain in 1 trading day was
18.7% !!
 |
Exceeding Target
- the percent gain in 2 trading days was
34.6% !!
 |
Stock Pick of the Week ! February 14, 2003
This week we are presenting General Electric (NYSE: GE) as a potential "Buy Long" candidate. GE is showing a few signs to be
bullish on the stock. Our reasons supportive for our bullish view and why the stock should appreciate from current levels are: (1) GE is
currently trading at support placed at about $20, which was in place for the past 4 months. (2) A bullish divergence is being formed
between the MACD and stock price over the past month, which is favorable for higher prices. (3) The Stochastics and Williams %R are
coming out of an oversold condition. (4) The stock appears poised to bounce back to at least its 50-day MA at about $25.
(5) Moneyflow appears to have bottomed out and is poised to strengthen in the near term. Today, GE closed at $22.48.
A one-month target was assigned at ~$25.
Before
 |
Exceeding Target
- the percent gain in one month was
24.6% !!
 |
Stock Pick of the Week ! February 21, 2003
This week we are presenting Northwest Airlines Corp. (NasdaqNM: NWAC) as a potential "Buy Long" candidate. NWAC is showing
a few reasons to support a bullish viewpoint on the stock: (1) NWAC is currently trading slightly above support at ~$5.2, which has
been in place for the last 5 months. (2) Bullish divergence has formed between the MACD and stock price over the past month,
which is favorable for higher prices. (3) The Stochastics and Williams %R show the stock coming out of an oversold condition. (4) The
stock appears poised to appreciate to its 50-day MA, and may go as high as $7. And (5), Moneyflow is weak, but appears to have
bottomed out and poised to strengthen in the near term. Today, NWAC closed at $6.15. A one-month target price was assigned
at ~$7.
Before
 |
After
- the percent gain in two weeks was
14.8% !!
 |
Exceeding Target
- the percent gain in one month was
35.9% !!
 |
Stock Pick of the Week ! March 14, 2003
This week we are presenting McDonalds Corp. (NYSE: MCD) as a potential "Buy" candidate. MCD is showing a few reasons supporting
a bullish viewpoint on the stock. Technically speaking: (1) The MACD has turned bullish, which is favorable for higher prices. (2) The
RSI has made a bullish divergence with stock price. And (3), Moneyflow is trending upward and crossing positive for a bullish signal.
Temporary resistance is placed at $15. Today, MCD closed at $13.33. A two-month target price was assigned at ~$15.
Before
 |
After
- the percent gain in two weeks was
13.8% !!
 |
Stock Pick of the Week ! May 21, 2003
This week we are presenting Cal-Maine Foods, Inc. (NasdaqNM: CALM) as a potential "Buy" candidate. We are bullish CALM because:
(1) The stock has recently broke above its downsloping trending. (2) The RSI and MACD were in bullish divergence with the stock
price and are now giving clear buy signals. Resistance may be considered at about $15. Today, CALM closed at $12.48. A one-month
target price was assigned at ~$15.
Before
 |
After
- the percent gain in one month was
25.8% !!
 |