Ready List Stocks Outside the “Top 10″ as of 09/29/2013

Written by MichaelGLamothe on . Posted in Ready List

The number of sectors with stocks setting up in bases continues to show a lot of breadth.  The sectors leading the way this week are Retail, Finance, Software, and Medical.  There is a chart at the bottom of this page with a full breakdown of sectors for all stocks making the Ready List and the “Top 10″.

The average rating of stocks in bases outside the top 10 is 8.5  I find this to still be a strong respectable rating and a positive indicator.

All of the stocks in secondary buy zones such as pull backs to the 10 week line or setting up in 3 weeks tight are highlighted in blue.

Any stock from this week’s Universe List that was automatically cut has been grayed out.  The reason is in the notes section.

None of these stocks or ratings should be misconstrued as recommendations to buy, sell, or hold.  They are presented here for educational and demonstrative purposes only.  All ratings are based on my Stock Evaluation Guide and the charts/data provided by MarketSmith.  

Rank Rating Symbol Name Sector EPS Due Date Notes
11 9.3

PKG

 PKG Weekly 09-29-13

Packaging Cp Of America MISC 10/14/13

BASE/CHART: PKG broke out of a 3rd stage (-.25) flat base that is 6wks long, 7% deep, and has a $55.79 pivot.  There are 3wks down and 3wks up in the base.  PKG has held the 10wk line throughout the base.  The RS line is rising and the RS rating is 85.  9.75 so far.

EARNINGS: annual earnings are estimated to rise 48% this year.  The EPS growth rate is 14% (-.15) but the earnings stability rating is good at 24 and so is the ROE at 21%.  Quarterly EPS and sales are strong as well.  9.6 so far.

GROUP: currently ranked 58 (-.25) takes us down to 9.35

OWNERSHIP: fund ownership has risen the past 6 quarters.  Mgt holds 2% of shares but there are no top funds in PKG (-.05).

OVERALL: 9.3

 

12 9.25

UTHR

UTHR Weekly 09-29-13

United Therapeutics Corp MEDICAL 11/1/13

BASE/CHART: UTHR broke out of a 1st stage flat base that is 5wks long, 9% deep, and has a $76.95 pivot.  There are 3 down wks & 2 up wks.  Normally I’d take points off for this but volume has been super light, UTHR formed a 3wks tight at the bottom of the base, and it received support all along the 10wk line so I’ll give it a pass.  The RS line is in new high ground and the RS rating is 84.  Normally I’d like to see above avg vol on the breakout week but it at least has greater volume than any other week in the base.  10 so far.

EARNINGS: annual earnings are estimated to rise 5% this year (-.25)  The EPS growth rate is 113%, the earings stability rating is a little high at 36 (-.2) and the ROE is 30%.  Quarterly sales are good but quarterly EPS is below the 25% I like to see (-.25).  9.3 so far.

GROUP: currently ranked 4

OWNERSHIP: fund ownership has risen the last 2 quarters.  Mgt holds 8% of shares but there are no top funds in UTHR (-.05)

OVERALL: 9.25

 

13 9.25

SBUX

SBUX Weekly 09-29-13

Starbucks Corp RETAIL 11/1/13

BASE/CHART: SBUX broke out of a 3rd stage (-.25) flat base that is 5wks long, 6% deep, and has a $74.27 pivot.  There are 3wks down and 2wks up in the base (-.25) and SBUX has held the 10wk line through.  The RS line is rising and the RS rating is 85.  9.5 so far.

EARNINGS: annual earings are estimated to rise 25% this year.  The EPS growth rate is 28%, the earnings stability rating is 14, and the ROE is 29%.  All strong.  Quarterly EPS and sales are good too.  Stll 9.5

GROUP: currently ranked 53 (-.25) takes us down to 9.25.

OWNERSHIP: fund ownership has risen the past 5 quarters.  There are 6 top funds in SBUX and mgt holds 4% of shares.

OVERALL: 9.25 

 

14 9.15

CMG

CMG Weekly 09-29-13

Chipotle Mexican Grill RETAIL 10/17/13

BASE/CHART: CMG broke out of a 1st stage flat base that is 5wks long, 5% deep, and has a $418.23 pivot.  There are 3wks up and 2wks down in the base, the base formed a 3wks tight, and it has held above the 10wk line throughout.  The RS line is trending higher and the RS rating is 79 (-.1).  9.9 so far.

EARNINGS: Annual earnings are estimated to rise 21% this year (-.25) The EPS growth rate is 35%, the earnings stability rating is 8, and the ROE is 24%.  All strong.    Quarterly sales are okay but quarterly EPS is below the 25% I look for (-.25) 9.4 so far.

GROUP: currently ranked 53 (-.25) takes us down to 9.15

OWNERSHIP: fund ownership has risen the past 2 quarters.  Mgt holds 3% of shares and there are 4 top funds in CMG. 

OVERALL: 9.15 

 

15 9.1

MDSO

MDSO Weekly 09-29-13

Medidata Solutions Inc SOFTWARE 10/31/13

BASE/CHART: right off the bat (-.2) for being thinly traded.  MDSO broke out of a 4th stage (-.5) flat base that is 5 wks long, 15% deep, and has a $97.38 pivot.  There are 3wks up and 2wks down in the base and it has held the 10wk line throughout.  The RS line is rising and the RS rating is 96.  9.3 so far.

EARNINGS: annual earings are estimated to rise 33% this year.  The EPS growth rate is 44%, the earnings stability rating is 52 (-.2) and the ROE is 21%.  Quarterly EPS and sales are both strong and quaterly sales have accelerated the past several quarters (+.25) 9.35 so far.

GROUP: currently ranked 50 (-25) takes us down to 9.1

OWNERSHIP: fund ownership has risen the past 6 quarters.  Mgt holds 8% of shares and there is 1 top fund in MDSO. 

OVERALL: 9.1

 

16 9.05

DORM

DORM Weekly 09-29-13

Dorman Products Inc AUTO 10/28/13

BASE/CHART: right off the bat, (-.2) for being thinly traded.  DORM is working on a 2nd stage flat base that is 6wks long, 7% deep, and has a $52.43 pivot.  There are 3wks up and 3wks down in the base. It has held the 10wk line throughout the base and formed a 3wks tight.  The RS line is trending higher and the RS rating is 84.  9.8 so far.

EARNINGS: annual earnings are estimated to rise 23% this year (-.25).  The EPS growth rate is 38%, the earnings stability rating is 12, and the ROE is 20%, all strong.  Quarterly EPS and sales are below the 25% I prefer to see (-.5).  9.05 so far.

GROUP: currently ranked 16

OWNERSHIP: fund ownership has risen the past 7 quarters.  Mgt holds 17% of shares and there is 1 top fund in DORM.

OVERALL: 9.05

 

17 9.05

SLCA

SLCA Weekly 09-29-13

U S Silica Holdings Inc CHEMICAL 11/1/13

BASE/CHART: SLCA just broke out of a base next to a base with the new base being a 2nd stage cup that is 6wks long, 12% deep, and has a $24.71 pivot.  There are 2wks down and 4wks up so far.  SLCA has held the 10wk line throughout the base.  The RS line is turning up and the RS rating is 87.  10 so far.

EARNINGS: annual earnings are estimated to rise only 9% this year (-.25) the EPS growth rate is strong at 72%, the ROE is strong at 45% but the earnings stability is poor at 94 (-.2)  Quarterly sales are okay but quarterly EPS is weak (-.25) 9.3 so far.

GROUP: currently ranked 45 (-.25) takes us down to 9.05

OWNERSHIP: fund ownership has risen in each of the past 5 quarters.  There is one top fund in SLCA.  Management holds 74% of shares.

OVERALL: 9.05

 

18 8.85

OII

OII Weekly 09-29-13

Oceaneering Intl Inc ENERGY 10/28/13

BASE/CHART: OII attempted to break out of a 2nd stage cup that is 6wks long (-.5) 10% deep, and has an $84.63 pivot.  There are 3wks down and 3wks up in the base. Volume has been quiet throughout the base and is beginning to rise on the right side.  The RS line is nearing new highs and the RS rating is 80.  9.5 so far.

EARNINGS: annual earnings are estimated to rise 27% this year.  The EPS growth rate is 11% (-.15) the earnings stability rating is 10, and the ROE is 17%.  Quarterly EPS and sales are strong as well.  9.35 so far.

GROUP: currently ranked 80 (-.5) takes us down to 8.85

OWNERSHIP: fund ownership has risen the past 5 quarters.  Mgt holds 1% of shares and there is 1 top funds in OII.

OVERALL: 8.85

 

19 8.75

ALKS

ALKS Weekly 09-29-13

Alkermes Plc MEDICAL 10/28/13

BASE/CHART: ALKS attempted to break out of a 2nd stage flat base (also a base on base) pattern.  The flat base is 5wks long, 13% deep, and has a $35.58 pivot.  It is now retesting the 10wk line.  There are 2wks down and 3wks up in the base.  ALKS has held the 10wk line throughout the base.  The RS line is rising and the RS rating is 90.  10 so far.

EARNINGS: annual earnings are estimated to decline 14% next year.  (-.25) The EPS growth rate and earnings stability ratings are n/a.  The ROE is 20%.  Both quarterly EPS and sales were well below the 25% I like to see and they both decelerated (-1)  8.75 so far

GROUP: currently ranked 4.

OWNERSHIP: fund ownership has risen the past 4 quarters.  Mgt holds 8% of shares and there are 5 top funds in ALKS.

OVERALL: 8.75

 

20 8.7

ASGN

ASGN Weekly 09-29-13

On Assignment Inc BUSINS SVC 10/23/13

BASE/CHART: ASGN broke out of a 3rd stage (-.25) flat base that is 6wks long, 9% deep, and has a $32.93 pivot.  There are 3wks up and 3wks down on the base.  The RS line is close to new high ground & the RS rating is 89.  9.75 so far.

EARNINGS: annual earnings are estimated to rise 9% this year (-.25) the EPS growth rate is 33%.  The earnings stability is poor at 95 (-.2) and the ROE is a little low at 13% (-.1).  Quarterly EPS and sales, however, are strong.  9.2 so far.

GROUP: currently ranked 69 (-.5) takes us down to 8.7

OWNERSHIP: fund ownership has risen the past 7 quarters.  Mgt holds 15% of shares and there are 3 top funds in ASGN.

OVERALL: 8.7

 

21 8.7

MHK

MHK Weekly 09-29-13

Mohawk Industries Inc BUILDING 10/28/13

BASE/CHART: MHK attempted to break out of a 2nd stage cup shaped base that is 6wks (-.5) long, 14% deep, and has a $134.21 pivot.  There are 3wks down and 3wks up in the base. MHK has held close to the 10wk line througout the base, The RS line is hitting new highs and the RS rating is 83.  9.5 so far.

EARNINGS: annual earnings are estimated to rise 65% The EPS growth rate is 4% (-.15), the earnings stability rating is 36 (-.2) and the ROE is 7% (-.1)  Quarterly EPS and Sales are both strong and both have accelerated over the past several quarters (+.5)  9.5 so far.

GROUP: currently ranked 83 (-.75) takes us down to 8.75

OWNERSHIP: fund ownership has risen the past 5 quarters, mgt holds 1% of shares, and there but there are no top funds in MHK (-.05)

OVERALL: 8.7

 

22 8.65

SSNC

SSNC Weekly 09-29-13

S S & C Technologies SOFTWARE 11/5/13

BASE/CHART: SSNC broke out of a 2nd stage cup shaped base that is 6wks long (-.5) 14% deep, and has a $38.80 pivot.  There are 3wks down and 3wks up in the base. SSNC has held the 10wk line throughout the base.  The RS line is at a new high and the RS rating is 87.  9.5 so far.

EARNINGS: annual earnings are estimated to rise 37% this year.  The EPS growth rate is 46%, the earnings stability rating is 22, but the ROE is a little low at 11% (-.1).  Quarterly EPS and sales are strong.  9.4 so far.

GROUP: currently ranked 91 (-.75) takes us down to 8.65

OWNERSHIP: fund ownership has risen the past 2 quarters.  Mgt holds 22% of shares.  There is 1 top fund in SSNC.

OVERALL: 8.65

 

23 8.6

BYI

BYI Weekly 09-29-13

Bally Technologies Inc LEISURE 10/25/13

BASE/CHART: BYI attempted to breakout of a 2nd stage flat base that is 5wks long, 8% deep, and has a $75.61 pivot.  It is now retesting the 10wk line.  There are 2wks down and 3wks up in the base.  BYI has traded above the 10wk line throughout the base and even formed a 3wks tight in the middle of the base.  The RS line is climbing and the RS rating is 89.  10 so far.

EARNINGS: annual earnings are estimated to rise 14% this year (-.25) The EPS growth rate is only 9% (-.15), the earnings stability rating is good at 15, and the ROE is very high at 90%.  Quarterly EPS and sales are below the 25% I like to see and have both decelerated over the past several quarters (-1)  8.6 so far.

GROUP: currently ranked 8

OWNERSHIP: fund ownership has risen the past 2 quarters.  Mgt holds 5% of shares and there are 2 top funds in BYI.

OVERALL: 8.6

 

24 8.55

ECPG

ECPG Weekly 09-29-13

Encore Capital Group Inc FINANCE 11/1/13

BASE/CHART: Right off the base (-.2) for being thinly traded. ECPG broke out of a 1st stage flat base that is 5wks long, 7% deep, and has a $45.16 pivot.  There are 4wks down and 1wk up in the base (-.25) The RS line is in new high ground and the RS rating is 91.  9.55 so far.

EARNINGS: annual earnings are estimated to rise 17% this year (-.25) The EPS growth rate is 44%, the earnings stability rating is 23, and the ROE is 21%.  Quarterly EPS and sales were both weak in the most recent quarter (-.5) and quarterly sales have decelerated the past several quarters (-.25) 8.55 so far.

GROUP: currently ranked 32

OWNERSHIP: fund ownership has risen the past 2 quarters.  Mgt holds 12% of shares, and there is 1 top funds in ECPG. 

OVERALL: 8.55

 

25 8.55

GNRC

GNRC Weekly 09-29-13

Generac Hldgs Inc MACHINE 10/23/13

BASE/CHART: GNRC broke out of a 4th stage (-.5) double bottom that is 6wks long (-.5) for being too short, 11% deep, and has a $44.30 pivot.  There are 2wks down & 4wks up in the base and 2wks below & 4wks above the 10wk line so far.  The RS line is trending higher overall and the RS rating is 91.  9 so far.

EARNINGS: annual earings are estimated to rise 18% this year (-.25) The EPS growth rate is 86%, the ROE is 36% but the earnings stability rating is poor at 64 (-.2)  Quarterly EPS and Sales are strong and both are accelerating over the past several quarters (+.5) brings us to 9.05

GROUP: currently ranked 74 (-.5) takes us down to 8.55

OWNERSHIP: fund ownership has risen the past 3 quarters.  Mgt holds 3% of shares and there are 2 top funds in GNRC.

OVERALL: 8.55

 

26 8.55

GWRE

GWRE Weekly 09-29-13

Guidewire Software Inc SOFTWARE 12/2/13

BASE/CHART: GWRE just broke out of a 2nd stage base on base.  The most recent base is a flat base that is 5wks long, 8% deep and has a $45.73 pivot.  There are 3wks down and 2wks up in the base (-.25) It held the 10wk line throughout the base and formed a 3wks tight in the base.  The RS line is near new highs and the RS rating is 84.  9.75 so far.

EARNINGS: annual earings are estimated to decline 58% next year (-.25)  The EPS growth rate is strong at 36%, and so is the ROE at 19%.  The earings stability rating is poor at 64 (-.2)  Quarterly EPS and sales are strong.  9.3 so far

GROUP: currently ranked 91 (-.75) takes us down to 8.55

OWNERSHIP: fund ownership has risen the last 5 quarters.  There are 3 top funds in GWRE and mgt holds 28% of shares.

OVERALL: 8.55

 

27 8.4

DNKN

DNKN Weekly 09-29-13

Dunkin’ Brands Group Inc RETAIL 10/25/13

BASE/CHART: DNKN broke out of a  1st stage flat base that is 5wks long, 6% deep, and has a $45.24 pivot.  There are 4wks down and 1wk up in the base (-.25) DNKN did form a 4wks tight in the base but all of it is below the 10wk line (-.5)  The RS line is rising and the RS rating is 78 (-.1).  9.15 so far.

EARNINGS: annual earnings are estimated to rise 20% this year (-.25) The EPS growth rate is 55%, the earnings stability rating is 15, and the ROE is 27%, all strong.  Quarterly EPS is okay but quarterly sales are well below the 25% I’d prefer to see (-.25)  8.65 so far.

GROUP: currently ranked 53 (-.25), takes us down to 8.4

OWNERSHIP: fund ownership has risen in each of the last 5 quarters.  Mgt holds 2% of shares and there are 3 top funds in DNKN.

OVERALL: 8.4

 

28 8.25

MA

MA Weekly 09-29-13

Mastercard Inc Cl A FINANCE 10/31/13

BASE/CHART: MA broke out of a 4th stage (-.5) flat base that is 5wks long, 8% deep, and has a $656.98 pivot.  There are 3wks down and 2wks up in the base (-.25) The RS line is in new high ground and the RS rating is 83.  9.25 so far.

EARNINGS: annual earings are estimated to rise 19% this year (-.25) The EPS growth rate is 27%, the earnings stability rating is 3, and the ROE is 43%, all good.  Quarterly EPS and sales are decent.  9 so far.

GROUP: currently ranked 44 (-.25) takes us down to 8.75

OWNERSHIP: fund ownership has risen the past 3 quarters.  Mgt holds 0% of shares (-.5) and there are 8 top funds in MA.

OVERALL: 8.25

 

29 8.2

BOFI

BOFI Weekly 09-29-13

B O F I Holding Inc S&Ls 11/8/13

BASE/CHART: BOFI is presently working on a 3rd stage (-.25) cup w/ handle that is 6wks long (-.5), 13% deep, w. a 6% handle.  The pivot is at $69.46 pivot.  There are 4wks down and 2wks up in the base (-.25).  BOFI has held the 10wk line throughout the base.  The RS line is rising, and the RS rating is 97.  9 so far.

EARNINGS: annual earnings are estimated to rise 27% this year.  The EPS growth rate is 30%, the earnings stability rating is 27 and the ROE is 20%, all strong.  Quarterly EPS and sales are both strong as well.  Still 9

GROUP: currently ranked 92 (-.75) takes us down to 8.25

OWNERSHIP: fund ownership has risen the past 7 quarters.  Mgt holds 12% of shares but there are no top funds in BOFI (-.05)

OVERALL: 8.2

 

30 8.1

KR

KR Weekly 09-29-13

Kroger Co RETAIL 11/29/13

BASE/CHART: KR broke out of a 2nd stage cup shaped based that is 7wks long, 10% deep, and has a $39.98 pivot.  There are 5wks down and 2wk up so far (-.25).  The cup is V shaped (-.5) whereas cups should have more of a U shape to shake out the weaker hands.  The RS line is in new high ground and the RS rating is 87.  9.25 so far.

EARNINGS: annual earnings are estimated to rise 7% this year (-.25) The EPS growth rate is 7% (-.15) but the earings stability rating is strong at 11 and the ROE is strong at 35%.  Quarterly EPS and sales are below the 25% I like to see (-.5)   8.35 so far.

GROUP:  currently ranked 56 (-.25) takes us down to 8.1

OWNERSHIP: fund ownership has risen the past 2 quarters.  There are presently 2 top funds in KR and management holds 1% of shares.

OVERALL: 8.1

 

31 8.05

ADVS

ADVS Weekly 09-29-13

Advent Software Inc SOFTWARE 10/30/13

BASE/CHART: ADVS broke out of a 2nd stage cup shaped base that is 6wks long (-.5), 14% deep, and has a $31.22 pivot.  There are 3wks down and 3wks up so far and 2wks below and 4wks above the 10wk line.  The RS line is in new high ground and the RS rating is 93.  9.5 so far.

EARNINGS: annual earnings are estimated to rise 22% (-.25)  The EPS growth rate is 23% (-.15), the earnings stability rating is 7 and the ROE is 18%.  Quarterly EPS is strong but quarterly sales are weak (-.25).  8.85 so far.

GROUP: currently ranked 91 (-.75) takes us down to 8.1

OWNERSHIP: fund ownership has risen the past 2 quarters.  Mgt holds 24% of shares and there are no top funds in ADVS (-.05). 

OVERALL: 8.05

 

32 8.05

AFSI

AFSI Weekly 09-29-13

Amtrust Financial Svcs INSURNCE 11/6/13

BASE/CHART: AFSI is presently working on a 5th stage (-.75) cup shaped base that is 6wks long (-.25) 17% deep, and has a $41.72 pivot.  There are 3wks up and 3wks down in the base.  4 out of 6wks are above the 10wk line.  The RS line is rising and the RS rating is 87.  9 so far.

EARNINGS: annual earnings are estimated to rise 21% this year (-.25) the EPS growth rate is 13% (-.15), the earnings stability rating is 5, and the ROE is 19%.  Quarterly EPS and sales are strong and both have accelerated in recent quarters (+.5)  9.1 so far.

GROUP:  currently ranked 118 (-1) takes us down to 8.1

OWNERSHIP: fund ownership has risen the past 2 quarters.  Mgt holds 47% of shares but there are no top funds in AFSI (-.05)

OVERALL: 8.05

 

33 7.85

WLK

WLK Weekly 09-29-13

Westlake Chemical Corp CHEMICAL 11/8/13

BASE/CHART: Right off the bat (-.1) for being thinly traded.  WLK attempted to break out of a flat base that is 5wks long, 8% deep, and has a $107.12 pivot.  There are 2wks up and 3wks down in the base (-.25) but it has held the 10wk line throughout the base.  It has also just made a 3wks tight which is constuctive.  The RS line is rising but the RS rating is 76 (-.1)  9.55 so far.

EARNINGS: annual earnings are estimated to rise 44% this year.  The EPS growth rate is 62%, the ROE is 21%, but the earnings stability rating is a little high at 33 (-.2)  Quarterly EPS is strong but quarterly sales are weak (-.25)  9.1 so far.

GROUP: currently ranked 122 (-1) takes us down to 8.1

OWNERSHIP: fund ownership was flat last quarter (-25).  Mgt holds 1% of shares and there is 1 top fund in WLK.

OVERALL: 7.85

 

34 7.75

SAVE

SAVE Weekly 09-29-13

Spirit Airlines Inc TRANSPRT 10/31/13

BASE/CHART: SAVE is presently working on a 4th stage cup w/ handle (-.5) that is 9wks long, 19% deep, and has a 6% handle.  There are 4wks down & 5wks up in the base.  There are also 4wks below and 5wks above the 10wk line.  SAVE formed a 3wks tight at the bottom of the base.  The RS line is rising, and the RS rating is 92.  9.5 so far,

EARNINGS: annual earings are estimated to rise 53% this year.  The EPS growth rate is 49%, the ROE is 20% but the earnings stability rating is a worst possible 99 (-.2)  Quarterly EPS and sales are both okay.  9.3 so far.

GROUP: currently ranked 119 (-1) takes us down to 8.3

OWNERSHIP: fund ownership has risen the past 2 quarters.  Mgt holds 0% of shares (-.5) and there are no top funds in SAVE (-.05) 

OVERALL: 7.75

 

35 7.65

V

V Weekly 09-29-13

Visa Inc Cl A FINANCE 10/28/13

BASE/CHART: V broke out of a 4th stage (-.5) flat base that is 7wks long, 13% deep, and has a $196 pivot.  There are 4wks down and 3wks up in the base (-.25) and there are 6wks below and only 1wk above the 10wk line (-.5) The RS line is turning up and the RS rating is 72 (-.1) for being below 80 post breakout.  8.65 so far.

EARNINGS: annual earnings are estimated to rise 22% this year (-.25) The EPS growth rate is 29%, the earnings stability rating is 3, and the ROE is 16%, all strong.  Quarterly EPS and sales are strong as well.  8.4 so far.

GROUP: currently ranked 44 (-.25) takes us down to 8.15

OWNERSHIP: fund ownership has risen the past 7 quarters.  Mgt holds 0% of shares (-.5) and there are 5 top funds in V.

OVERALL: 7.65

 

36 7.55

OPEN

OPEN Weekly 09-29-13

Opentable Inc COMPUTER 11/1/13

BASE/CHART: OPEN is presently working on a 3rd stage (-.25) flat base that is 5wks long, 13% deep, and has a $78.36 pivot.  There are 4wks down and 1wk up in the base (-.25) There is only 1wk below the 10wk line so far. The RS line trending higher overall and the RS rating is 82.  9.5 so far.

EARNINGS: annual earnings are estimated to rise 12% this year (-.25).  The EPS growth rate is 68%, the ROE is 28% but the earnings stabilitity rating is 57 (-.2)  Quarterly EPS and sales are also below the 25% I’d prefer to see (-.5)  8.55 so far.

GROUP: currently ranked 103 (-1) takes us down to 7.55

OWNERSHIP: fund ownership rose last quarter and is rising overall.  Mgt holds 5% of shares and there is one top fund in OPEN.

OVERALL: 7.55  

 

37 7.55

SBNY

SBNY Weekly 09-29-13

Signature Bank BANKS 10/23/13

BASE/CHART: Right off the bat (-.2) for being thinly traded.  SBNY is working on a 1st stage flat base that is 8wks long, 10% deep, and has a $95.29 pivot.  There are 4wks down and 4wks up in the base.  There are also 3wks above & 5wks below the 10wk line (-.5). The RS line is turning back up and the RS rating rating is 71.  I’d like to see the RS rating climb above 80 prior to breakout.  9.3 so far.

EARNINGS: annual earnings are estimated to rise 17% this year (-.25)  The EPS growth rate is 31%, the earnings stability rating is 12, and the ROE is 31%, all strong.  Quarterly EPS and quarterly sales are both below the 25% I like to see (-.5) 8.55 so far.

GROUP: currently ranked 112 (-1) takes us down to 7.55

OWNERSHIP: fund ownership has risen the past 5 quarters, mgt holds 5% of shares and there are 3 top funds in SBNY.

OVERALL: 7.55

 

   

KORS

KORS Weekly 09-29-13

Michael Kors Hldgs Ltd APPAREL 11/4/13 Pull back to the 10wk line
   

LNKD

LNKD Weekly 09-29-13

Linkedin Corp Class A INTERNET 11/1/13 Pull back to the 10wk line
   

TRIP

TRIP Weekly 09-29-13

TripAdvisor Inc LEISURE 11/1/13 Pull back to the 10wk line
   

VRX

VRX Weekly 09-29-13

Valeant Pharmaceuticals MEDICAL 11/2/13 Pull back to the 10wk line
   

ICON

ICON Weekly 09-29-13

Iconix Brand Group Inc APPAREL 11/1/13 Pull back to the 10wk line
   

LL

LL Weekly 09-29-13

Lumber Liquidators Hldgs RETAIL 10/24/13 Pull back to the 10wk line
   

JAZZ

JAZZ Weekly 09-29-13

Jazz Pharmaceuticals Plc MEDICAL 11/8/13 4 weeks tight 
   

ULTI

ULTI Weekly 09-29-13

Ultimate Software Group SOFTWARE 10/30/13 3 weeks tight + pull back to the 10wk line
   

EVR

EVR Weekly 09-29-13

Evercore Partners Inc FINANCE 10/25/13 3 weeks tight
   

ULTA

ULTA Weekly 09-29-13

Ulta Salon Cosm & Frag RETAIL 11/30/13 3 weeks tight
   

WAIR

WAIR Weekly 09-29-13

Wesco Aircraft Hldg Inc TRANSPRT 11/13/13 3 weeks tight
    GOOG Google Inc INTERNET 10/18/13 Removed from Ready List due to RS rating below 70
    TDG Transdigm Group Inc AEROSPACE 11/11/13 Removed from Ready List due to RS rating below 70
    ILMN Illumina Inc MEDICAL 10/18/13 Removed from Ready List due to A/D rating below C
    AMG Affiliated Managers Grp FINANCE 10/31/13 Removed from Ready List due to Industry Group Rank below 125
    APO Apollo Global Management FINANCE 11/9/13 Removed from Ready List due to Industry Group Rank below 125
    EQT E Q T Corp ENERGY 10/25/13 Removed from Ready List due to Industry Group Rank below 125
    EMN Eastman Chemical Co CHEMICAL 10/25/13 Removed from Ready List due to Industry Group Rank below 125
    URI United Rentals Inc FINANCE 10/14/13 Removed from Ready List due to Industry Group Rank below 125
    HAIN Hain Celestial Group FOOD/BEV 11/1/13 Removed from Ready List due to Industry Group Rank below 125
    LKQ L K Q Corp RETAIL 10/31/13 Removed from Ready List due to Industry Group Rank below 125
    ORLY O Reilly Automotive Inc RETAIL 10/24/13 Removed from Ready List due to Industry Group Rank below 125
    CBI Chicago Bridge & Iron Co BUILDING 10/21/13 Removed from Ready List due to Industry Group Rank below 125
    RPXC R P X Corporation ELECTRNCS 10/30/13 Removed from Ready List due to Industry Group Rank below 125
    EXR Extra Space Storage Inc REAL EST 10/29/13 Removed from Ready List due to Industry Group Rank below 125

Ready List Sectors 09-29-13

 

None of these stocks or ratings should be misconstrued as recommendations to buy, sell, or hold.  They are presented here for educational and demonstrative purposes only.  All ratings are based on my Stock Evaluation Guide and the charts/data provided by MarketSmith

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MichaelGLamothe

Founder of ChartYourTrade.com

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