SPY, ALLT, JPM, UNDT, POTG


S&P 500 ETF (SPY:NYSE) SPY is obviously the market’s flagship ETF, and it’s no secret that many view SPY as oversold. A late summer day in a down market, is often disastrous for longs, but shorts may cash in their huge piles of chips before the weekend. However, there is no need for long term buyers to be heroes in this market, but Friday’s market could be a scalpers dream.

Allot Communications (ALLT:NYSE) Shares were down this week in anticipation of a stock offering. However, the deal was canceled after Thursday’s close, due to market conditions. So it wouldn’t surprise many if ALLT bounced. Shares were over $16 on Monday.

JP Morgan (JPM:NYSE)
JPM is often the first financial stock that bounces on reversal days. So it might be wise to use the name as an indicator for other trades as well. There is also some nice built up support layers in the mid-$36 area. Put JPM on your list of stocks.

Universal Detection Technology (UNDT:OB) This security related penny stock has been around for a while and is frequently played by scalpers. UNDT often trades heavy volume during terror scares, so it was somewhat surprising to see it do so well today. Shares were up 25% on Thursday after a PR. Keep an eye on UNDT Friday, because there is some potential for follow through if the broader markets rally.

Portage Resources (POTG.PK) Monday’s news of a stock split didn’t go over as well as some thought. Granted the market is down, but POTG is trading near 52 week lows, despite being a hot penny stock not too long ago. Maybe bounce buyers will rally the once strong POTG, but this current downtrend doesn’t look that appetizing for longs. Add POTG to your penny stock list on a just in case basis.

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Good Evening Traders,

We have been riding a massive win streak here. People say that the summer is notoriously slow but that just hasn’t been the case for us. There is always money to be made in the markets no matter what time of year it is.

A lot of research goes into the companies that we profile. We strenuously perform due diligence on every company that we profile and hand pick only a few that I feel are really worthy of your attention.

This next company caught my attention because of the industry that they are in and because of the recent activity in the stock.

They are in a $5.5 Billion marketplace and are about to jump head first into one of the most populous and growing economies in the world in early 2012.

Let’s put EAPH on our radar for Thursday’s trading session.

EAPH TECHNICALS

Volume has increased significantly over the last 3 weeks as EAPH undergoes it’s basing process.

EAPH has strong support in the .10 to .12 range.

Any type of a positive volume surge can potentially lead to a re-test of recent highs at .20 cents where a mini double top was formed.

A break of this double top would be extremely bullish and could ignite a test of the .24 cent level.

Very minor layers of resistance also remain at the .17 and .18 cent levels.

EAPH’s PRODUCTS

Ever since Pfizers “Blue Miracle Pill” for men exploded on to the scene with blockbuster success, the industry has sought to produce a similar result for women.

EAPH met the challenge head on and has developed a product called Viorra.

Viorra is EAPH’s first product to market. Viorra is a female “enhancement” gel. Female Sexual Dys-function (FSD) is estimated to affect 43% of women, with many women experiencing hypoactive sexual des ire disorder (HSDD) or low appetite at some point in their lives. Viorra has been specifically formulated to enhance the female experience with safe and effective vaginal revitalization and increased stimulation.

Viorra is an all-natural, hormone free, non-toxic, topical gel that is endorsed by some of the world’s leading medical experts on women’s sexuality. The doctor recommended daily use of Viorra Sensuality Solution helps to restore and improve moisture and vaginal elasticity, improving functioning for women. The improvement of ual functioning of women has a positive effect on sexual appetite, arousal and the ability to experience orgasms. Viorra is also designed to be used during sexual intimacy to enhance sexual activity by improving lubrication and providing a warm and pleasurable stimulating sensation. This unique product will be marketed as a premium cosmetic product developed specifically for women interested in maintaining and improving their sexual health and intimate relationships.

Viorra has completed and passed irritation, allergic reaction, oral toxicity and three year stability studies. Viorra has completed an Open Label Clinical Pilot Trial to evaluate the safety and efficacy of the product. Pre and post-menopausal women with pre-diagnosed SDD for the past five years tested Viorra. There were no adverse data reported during the study and collectively the subjects reported: Less genital pain during intercourse, more sexual attempts with their partner, increase in vaginal lubrication, higher incidence of orgasm, increased desire to engage in sexual activity and an overall increase in sexual satisfaction.

SOUNDS LIKE A PRETTY GOOD PRODUCT!!

RECENT EAPH NEWS

(7-22-11) Easton Pharmaceuticals Announces Projections of $15 Million in Revenue For 2012 From The Company’s First Territory Launch of VIORRA in Mexico

http://finance.yahoo.com/news/Easton-Pharmaceuticals-iw.html?x=0&.v=1


BMV estimates the regulatory approval process will be completed in early
2012. In parallel with the regulatory filing, Easton Pharmaceuticals
under the guidance of BMV has begun talks with several large
distribution companies that are focused on sales and marketing in the
women’s health market. Easton Pharmaceuticals” believes that with both
the regulatory and commercial alliance initiatives running in parallel
will enable a timely, successful launch of VIORRA and generate upwards
of $15 million annual company revenue from Mexico beginning in 2012.


MORE ABOUT EAPH

Easton Pharmaceuticals is a specialty pharmaceutical company that designs, develops and markets a range of premium, topically delivered therapeutic health care products. The company’s proprietary gel formulation is an innovative and unique transdermal delivery system.
The system is the technology that allows for the rapid development of non-invasive, naturally derived topical solutions that have the ability to revitalize and stimulate the healing of a variety of skin and tissue conditions. The transdermal delivery system allows for the targeted delivery of active ingredients, vitamins and herbs through the skin to the underlying tissue.
The company has utilized its transdermal delivery system to develop a safe and effective female sexual enhancement product. The company’s goal is to develop a portfolio of topical pharmaceutical and cosmeceutical products targeting various skin and tissue conditions including: scars and stretch marks, cellulite and varicose veins.

_____________________________________

EAPH is on high alert for Thursday.

I have more to come on EAPH before the open. Start your research here: www.eastonpharma.com & http://finance.yahoo.com/q?s=EAPH.PK&ql=0

Remember to always consult a professional before investing to determine suitability and always do your own research on any company mentioned.

Always protect your investment and profits with stop loss orders and/or trailing stops if possible.

Past performance in never indicative of future results.

Sincerely,

PSE



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MCP, IR, JAMN, NWS, CXLT


Molycorp (MCP:NYSE) Shares of the leading rare earth stock had quite a reversal today. A mini double top was formed today near the $66.30 level and MCP fell back to $57.75. With that being said, MCP is a solid bounce candidate in these oversold market conditions.

Ingersoll Rand (IR:NYSE) Shares of this blue chip were over $52 back in May. Then came a mild earnings miss and we are now around the $35 handle. There are several other blue chip NYSE issues that have charts similar to IR. The stock doesn’t attract dividend players, but could still bounce sharply if the Dow rallies.

Jammin Java (JAMN:OB) Shares of JAMN rallied over 84% on Tuesday after signing a 2.5 million dollar deal with First Choice Coffee Services. With the small size of the contract, I think it’s safe to say that naked short covering helped fuel JAMN’s rally. Shares could stay active for a while, so add JAMN to your penny stock list.

News Corp. (NWS:NYSE) Shares of NWS fell lower again today after news of another U.K. arrest in the phone hacking scandal. Recently,shares have based, but this recent news may be the beginning of a re-test of support below the $14 area. It just looks like the shorts are now in control of NWS.

Net Savings Link (CXLT:OB)
Shares of CXLT pulled back on Tuesday and filled a gap that was created by a monster upside move on Monday. CXLT has a very active IHUB message board and seems to be in play. It’s also in the midst of a promo. CXLT traded 13.5 million shares on Tuesday and has support in the .25 cent area. Add it to your hot penny stock list, but in this market it might be best not to chase microcap names.

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POT, FSG, CROX, SAVW, AMLM


Potash Corp. (POT:NYSE)
Shares have retraced a little bit in this crazy market, despite many feeling that the U.S. Dollar could go lower. So let’s assume the buck sees pressure next week. Where does that leave global demand for Ag products ? Keep an eye on POT, there are some support layers in the 57ish range and the stock has been relatively strong until this last pullback.

Factor Shares 2x Gold Bull Bear S&P 500 (FSG:NYSE)
This ETF jumped on the radar in the last two weeks as gold rose and the broader market declined. This ETF is a new breed, and if you like gold and hate the market, then FSG is for you. However, despite FSG making a new high on Friday, it has the feel of an overbought ETF, with too much retail money in it.

Crocs Inc. (CROX:NASDAQ) Shares of this specialty footwear maker have done nothing but go higher since the acquisition of Timberland (TBL:NYSE). The price action on (CROX:NASDAQ) has obviously been strong, but shares look a little toppy and a pause for refresh could be necessary. Especially if this market tanks early in the week.

Savwatt (SAVW:OB) We frequently feature the green friendly SAVW on our stocks to watch list because of it’s cult following in the IHUB message boards. However, aside from the message board activity, there is not much action from longs in the name. Penny stock scalpers seem to have avoided the tease of a potential bounce. SAVW needs a rally soon, or it could it could become a penny stock graveyard stock.

American Lithium Minerals (AMLM:OB) AMLM is another name that was formerly a hot penny stock. However, shares are dead right now and are trading near 52 week lows. The best reason to add AMLM to your penny stock watch list is for a sympathy move. For instance, if there is another hot lithium stock promo, shares of AMLM could go along for the ride. So for now, add AMLM to your penny stock list on a just in case basis.

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AAPL, NUSMF, NFLX, TSLA, GERS


AT&T (T:NYSE) Do shares of T become an Apple Computer (AAPL:NASDAQ) sympathy play ? Well it sure looks like they could be, especially after a story broke that they are preparing their employees for the fall launch of the 5th generation IPhone. Bulls should remember that thick, listed stocks like T tend to draw in new and even conservative buyers when a sexy event like this occurs. Add T to your list of NYSE stocks.

Nautilus Minerals (NUSMF:PK) Shares of this Porter Stansberry play are currently in a mild bullish uptrend. However, NUSMF is a pink sheets name and there is currently a double top formation in place to cause some resistance. Just remember that Stansberry Research has a huge following and NUSMF does have a compelling story. Still, it might be best to let shares break out before acting.

Netflix (NFLX:NASDAQ) NFLX stock seemed to crap out today due to rising costs. They even mentioned that they were not bidding for Hulu. Is this the day that bears have been waiting for ? There is smart money on both sides, but NFLX also mentioned that they will lose subscribers with their new price hikes. The $250 handle seems to be in play, but there is some support in the low $240′s. Remember that the NFLX conference call has really never been conducted in a shareholder friendly fashion.

Tesla Motors (TSLA:NASDAQ) Considering the broader markets, shares had a decent day on the heels of Walgreen’s (WAG:NYSE) announcement of installing EV chargers at 800 stores. Shares of Tesla are heavily shorted and and future green car friendly PR’s might make bears a little more likely to cover their positions.

Greenshift Corporation (GERS:OB) Shares of GERS doubled today with strong volume on news of a corn oil extraction patent. Sub penny stocks like GERS can often move on much less positive news than we saw today. This PR isn’t an immediate revenue producer, but it looks like penny scalpers may have some fun trading GERS for near future. Add GERS to your sub penny stock list, regardless of your bias.

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