Trade Ideas for Thursday, January 27

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There has been a persistent decline in Advanced Micro Devices, Inc. AMD shares since the start of this month tempered with short-lived and unconvincing rallies. From the technical chart the short-term trend is still weak as the stock is still below its 50 and 200-day moving average. The stock needs to close above $7.71 in order to alleviate the negative near term view. If the stock fails to move above this level, it can decline to $7 area.

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NVIDIA Corporation NVDA closed at $24.54 on Wednesday, up 57 cents points for the day. The stock made a strong upside reversal. The technical chart above suggests that stock might find now resistance at $25.05. Only a close above this level would suggest further upside. Remain invested with a stop loss at $23.90.

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Electronic Arts Inc. ERTS - Although the moving averages of stock are showing weakness as the stock is still trading below 50 and 200 dma, there is one technical indicator showing some strength, the stochastics. ERTS has chance to start new rally, because %K line has just crossed on top over %D line. The stock at least can hit the 50-day moving average at $15.71 cents per share. Watch to see what it does here.

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A short-term buying signal emerged on Rambus Inc. RMBS today after its 50-day moving average edged above its 200-day moving average, forming a Golden Cross that can often indicate further rises. In addition, the stock is forming rising peaks and troughs on the daily charts which define an up trend. Investors with medium-term horizon can hold the stock with stop-loss at  $19.99 and long-term investors can hold with deeper stop at $19.20. Target above $21.72 is $22.82. Keep an eye on her.

Earnings Announcements for Thursday

Abaxis, Inc. - ABAX
ABC Bancorp - ABCB
Accuray IncorporatedARAYACTIONS SEMICONDUCTOR CO LTD - ACTS
Advantest Corp - ATE
Air T - AIRT
Alliance Financial - ALNC
Altria Group, Inc. - MO
Amazon.com, Inc. - AMZN
American River Bankshares - AMRB
AMETEK Inc. - AME
Anaren Inc. - ANEN
Apollo Commercial Real Estate Finance, Inc. - ARI
Applied Micro Circuits Corporation - AMCC
Arctic Cat Inc. - ACAT
Ariba - ARBA
AstraZeneca PLC - AZN
AT&T - T
AU Optronics Corporation - AUO
Avnet - AVT
B&H Ocean Carriers Limited - BHO
Ball Corporation - BLL
Bancorp Rhode Island - BARI
BancorpSouth, Inc. - BXS
Baxter International Inc. - BAX
Blyth Inc. - BTH
Bolt Technology - BOLT
Boston Private Financial Holdings - BPFH
Bottomline Technologies - EPAY
Bridge Capital Holdings - BBNK
Bridgford Foods - BRID
Briggs & Stratton Corporation - BGG
Bristol-Myers Squibb - BMY
Brunswick Corporation - BC
Cabot Microelectronics - CCMP
Canon - CAJ
Capstead Mortgage Corporation - CMO
CARBO Ceramics - CRR
CARDICA INC - CRDC
Cash America International - CSH
Caterpillar Inc. - CAT
Cavco Industries, Inc. - CVCO
Celestica - CLS
Celgene Corp. - CELG
Cepheid - CPHD
Chubb Corporation - CB
Cirrus Logic - CRUS
Citizens BankingCRBC
Clearfield, IncCLFD
CNB Financial - CCNE
CNH Global N.V. - CNH
CoBiz Inc. - COBZ
Codorus Valley Bancorp - CVLY
Coherent - COHR
Colgate-Palmolive - CL
Colonial Properties Trust - CLP
Columbia Banking System - COLB
Computer Programs and Systems, Inc. - CPSI
Compuware Corporation - CPWR
CONNECTICUT BK&TR CO HART NEW - CTBC
CONSOL Energy - CNX
Cypress Semiconductor - CY
Cytec Industries Inc. - CYT
D.R. Horton - DHI
Danaher - DHR
Delta Apparel Inc. - DLA
Deluxe Corporation - DLX
Destination Maternity Corp - DEST
Digital River, Inc. - DRIV
Dollar Financial Corp. - DLLR
Dover Downs Gaming and Entertainment, Inc. - DDE
Dover Motorsports - DVD
Duke Realty Corporation - DRE
Eaton - ETN
Electro Scientific Industries, Inc. - ESIO
Eli Lilly - LLY
ENCORE ENERGY PARTNERS LP - ENP
Energen - EGN
EQT Corporation - EQT
Federated Investors, Inc - FII
Fidelity National Financial, Inc. - FNF
Financial Institutions - FISI
First Commonwealth Financial - FCF
First Merchants Corp. - FRME
First Niagara Financial Group, Inc. - FNFG
First Security Group, Inc. - FSGI
FirstMerit - FMER
Franklin Resources - BEN
Gentex - GNTX
Glacier Bancorp - GBCI
Green Mountain Coffee Roasters, Inc. - GMCR
GSI TECHNOLOGY INC - GSIT
Hanmi Financial Corporation - HAFC
Harleysville Savings Financial - HARL
Harris Interactive - HPOL
Harsco Corporation - HSC
Hdfc Bank Limited - HDB
Helmerich & Payne, Inc. - HP
Heritage Commerce - HTBK
Heritage Financial - HFWA
HMN Financial - HMNF
Hub Group - HUBG
ImmunoGen, Inc. - IMGN
Informatica - INFA
Insteel Industries - IIIN
International Speedway - ISCA
Invesco Ltd. - IVZ
Investors Bancorp Incorporated - ISBC
Ixys Corporation - IXYS
Janus Capital Group Inc. - JNS
JetBlue Airways - JBLU
Kansas City Southern - KSU
Kennametal Inc. - KMT
Key Technology - KTEC
KLA-Tencor - KLAC
Kyocera Corporation - KYO
L-3 Communications Holdings, Inc. - LLL
Lancaster Colony Corporation - LANC
Lattice Semiconductor - LSCC
LNB BANCORP INC - LNBB
Lockheed Martin - LMT
Logic Devices - LOGC
LSI Industries Inc. - LYTS
MainSource Financial Group - MSFG
MBT Financial Corp. - MBTF
MEAD JOHNSON NUTRITION CO - MJN
Media General - MEG
Medical Properties Trust, Inc. - MPW
Micrel Semiconductor - MCRL
Microchip Technology - MCHP
MICROS System - MCRS
Microsemi - MSCC
Microsoft - MSFT
MIDWESTONE FINANCIAL GROUP INC - MOFG
Monster Worldwide - MWW
Motorola Solutions, Inc. - MSI
Myriad Genetics - MYGN
National Penn Bancshares - NPBC
NEI - NEI
Newell Rubbermaid - NWL
Nokia - NOK
Novartis AG - NVS
NSTAR - NST
Nucor - NUE
NVR, Inc. - NVR
O-I - OI
O2 Micro - OIIM
OCEAN SHORE HLDG CO NEW - OSHC
Oclaro, Inc. - OCLR
Old Republic International - ORI
Omnicell, Inc. - OMCL
Oplink Communications - OPLK
Opnet Technologies - OPNT
optionsXpress Holdings, Inc. - OXPS
OXiGENE, Inc. - OXGN
Pathfinder Bancorp - PBHC
Pixelworks - PXLW
PMC-Sierra, Inc. - PMCS
Polaris Industries Inc. - PII
Potash Corporation of Saskatchewan Inc. - POT
Precision Castparts - PCP
Procter & Gamble Company - PG
Provident Financial Holdings - PROV
PSS World Medical, Inc. - PSSI
QLogic - QLGC
Rambus Inc. - RMBS
Raytheon - RTN
Renaissance Learning, Inc. - RLRN
ResMed Inc. - RMD
Riverbed Technology, Inc. - RVBD
Royal Caribbean Cruises Ltd. - RCL
SanDisk Corp. - SNDK
Sandy Spring Bancorp - SASR
ScanSource Inc. - SCSC
Seneca Foods A - SENEA
Simmons First National - SFNC
Sonic Foundry - SOFO
Stanley Black & Decker, Inc. - SWK
Sterling Bancorp - STL
Strattec Security Corp. - STRT
Sunoco Logistics Partners L.P. - SXL
Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) - TSM
Teche Holdings - TSH
Teledyne Technologies - TDY
TELENAV INC - TNAV
Telular Corporation - WRLS
Tessera Technologies Inc - TSRA
The Timken Company - TKR
Thoratec Corporation - THOR
Time Warner Cable Inc. - TWC
TORTOISE ENERGY CAP CORP - TYY
TriCo Bancshares - TCBK
Tyco International - TYC
U.S. Lime & Minerals - USLM
Ultratech, Inc. - UTEK
Umpqua Holdings Corporation - UMPQ
Under Armour, Inc - UA
Unitil - UTL
UROPLASTY INC - UPI
USA Truck - USAK
Valley National Bancorp - VLY
Varian Semiconductor Equipment Associates Inc. - VSEA
VeriSign, Inc. - VRSN
VISTAPRINT N.V. - VPRT
WESCO International, Inc. - WCC
WESTFIELD FINANCIAL INC NEW - WFD
Whitney Holding Corporation - WTNY
World Acceptance Corporation - WRLD
Xcel Energy - XEL
Zimmer Holdings, Inc. - ZMH
ZOLL Medical - ZOLL

The following list show stocks whose MFl (15) has been increasing over the last 2 trading sessions

GE - GENERAL ELECTRIC CO
CSCO - Cisco Systems, Inc
INTC - Intel Corporation
PFE - PFIZER INC.
GLW - CORNING INC
MU - Micron Technology
VZ - Verizon Comm
T - AT&T Inc
WMT - Wal-Mart Stores Inc
AMAT - Applied Materials
EBAY - eBay Inc.
PBR - PETROLEO BRASILEIRO SA
XRX - XEROX CORP
PG - PROCTER & GAMBLE CO
CX - CEMEX S.A.
WY - WEYERHAEUSER CO
MO - ALTRIA GROUP
KO - COCA COLA CO
AMGN - Amgen Inc.
V - VISA Inc
SPWRA - SUNPOWER CORPORATION
GNW - GENWORTH FINCL INC
BTU - PEABODY ENERGY CORP
TRV - The Travelers Co
MYL - Mylan Inc
IVN - IVANHOE MINES LTD
LYB - Lyondell Basell Ind
PBCT - People's Bank
TJX - TJX COMPANIES INC
XLNX - Xilinx, Inc.
PM - Philip Morris International
CAT - Caterpillar Inc
LPX - LOUISIANA PACIFIC CORP
BZ - Boise, Inc.
PBR.A - PETROLEO BRASILEIRO
SO - SOUTHERN CO
GXDX - Genoptix Inc
AMT - AMERICAN TOWER CORP
ELN - ELAN CORP P L C
RKT - ROCK TENN CO
CLDA - Novitron International
DGX - QUEST DIAGNOSTICS INC
MT - Arcelormittal
KLAC - KLA-Tencor Corporation
WDC - WESTERN DIGITAL CORP
LEN - LENNAR CORP
AVP - AVON PRODUCTS INC
TEL - Tyco Electronics Ltd
MON - Monsanto Co
TYC - TYCO INTL LTD
KSS - KOHLS CORP
CMS - C M S ENERGY CORP
RRC - Range Resources Corp
HUN - HUNTSMAN CORPORATION
BBBY - Bed Bath & Beyond Inc.
NVS - NOVARTIS A G
ACN - Accenture Plc
TER - TERADYNE INC
NWL - NEWELL RUBBERMAID INC
CNP - CenterPoint Energy Inc
SANM - Sanmina Corporation
CY - Cypress Semiconductor
SMOD - SMART MODULAR TEC
SUN - SUNOCO INC
TLB - TALBOTS INC
CB - CHUBB CORP
HOLX - Hologic, Inc.
LRCX - Lam Research Corporation
ACE - Ace Ltd
LM - LEGG MASON INC
NVLS - Novellus Systems, Inc.
XCO - EXCO RESOURCES INC
WRB - WR Berkley Corp
GRM - GRAHAM PACKAGING CO
IO - Ion Geophysical
K - KELLOGG CO
ARCC - ARES CAPITAL CP

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.  

As always, good luck !

AC
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