November 6, 2007

Stocks I am Watching

Automatic Data Processing Inc (ADP) ADP looks ready to continue it's path upwards. Fundamentals: Stockscouter 8/10.

image Vivo Participacoes (VIV) I wrote about Vivo here before. It has been consolidating gains from a 5 months breakout and it spiked today on good volume.image

Enbridge (ENB.TO) is in the strong Utility (XLU) sector. Chart looks very promising.image Companhia Vale do Rio Doce (RIO) is still holding a flag breakout and looks poised to continue as well. Not much volume. I wrote many times before about this company.
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Agrium (AGU.TO) holds gains after breaking out a small 1 month base on high volume.
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Johnson & Johnson (JNJ) - the weekly chart shows it's consolidating it's breakout gains on low volume, possibly a good opportunity to jump on this large cap.

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Suncor (SU.TO) breaks to the upside with great strength, great fundamentals, looks ready to continue.
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Career Education Corp (CECO) is rated 5 stars by S&P and the weekly chart above shows it's putting pressure to the 5 months high at 35.00.image
P. H. Glatfelter (GLT) manufactures specialty papers and engineered products. The weekly chart below looks excellent.
Fundamentals: S&P 5 stars, stockscouter 9/10.
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Superior Energy Services (SPN) failed to drop and found buyers (see volume). Will keep a close watch on it.image
Sempra Energy (SRE) is also a very strong player on the energy sector. It shows a strong signal on the weekly chart and will likely challenge the $65 area. The following are the daily and weekly charts.
Fundamentals: S&P 5 stars.
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