Three-Day Trader

July 9 pick: Shorting on FBR Capital

edderd — Thu, 09 Jul 2009 13:23:17 +0000

At 9:20 ET the short choices are

RBCN	UBS
EXBD	Baird
ULTI	Deutsche Bank
GET	FBR Capital
SCOR	Gilford
PSA	Keefe, Bruyette

We’re going with FBR Capital’s Sell call on GET. FBR is 4 for 4 on the Services sector, 1 for 1 on Hotels.

July 8 picks: We’re shorting

edderd — Wed, 08 Jul 2009 13:26:30 +0000

At 8:20 a.m. the Sell calls are:

HOT Baird
MGI Piper Jaffray
INFY Stifel Nicolaus

We’re shorting the Baird call on HOT (Starwood Hotels). Baird ranks 7th among Sell callers with a 91% success rate. In the Services sector it is 3 for 4 YTD.

The Buy choices are:

XL Credit Suisse
VIV UBS
FSLR ThinkEquity
APD KeyBanc
STM Bofam
SAP Jeffries
VOLT Bofam
PLAB UBS
FCX Citi
IBKC Stifel Nicolaus
BTU Goldman Sachs
DRYS Credit Suisse

Of these, guidance points to Citigroup’s call on FCX. While Citi’s overall record is pretty dismal, in the Basic Material sector it is 6 for 8 and 1 for 1 in the Gold & Silver sector.

July 7 pick: Back to Bofam

edderd — Tue, 07 Jul 2009 13:24:03 +0000

At 8:22 ET the Buy call choices are:

CTL UBS
APC Bofam
STO Bofam
STLD Bofam
INTC Bofam
MRVL Bofam
LSI Bofam
MCO Piper Jaffray
MCK Raymond James
HES Barclays Capital
DSX Cantor Fitzgerald
TWP Stifel Nicolaus
DKS Goldman Sachs
JNY Goldman Sachs
KSS Goldman Sachs
VCP BMO Capital Markets
ARA BMO Capital Markets

We’re watching Bofam’s call on two Energy stocks — APC and STO. Bofam is 4 for 5 on calls in the Energy sector.

edderd — Mon, 06 Jul 2009 13:25:59 +0000

At 8:18 ET the choices on Buy calls are:

FORM Oppenheimer
LUX HSBC
WDC Bofam
STX Bofam
BEN JP Morgan
S Auriga U.S.A
OSK KeyBanc Capital Mkts
HMY Deutsche Bank
AMC Credit Suisse
CATY B.Riley
TKS Bofam
STD RBS
CETV Morgan Joseph
PLCM Stifel Nicolaus
SYMC Stifel Nicolaus
CMI Wall Street Access

We’re closely watching the Oppen. call on FORM. Oppen. is 7 for 8 in the Tech sector and 3 for 3 on Semiconductors.

We’re also watching the Bofam call on TKS. Bofam is 3 for 4 in the sector, though this is its first call on the Auto & Truck Parts industry. Bofam is also 8 for 10 over the last 30 days.

July 2 pick: A boutique call

edderd — Thu, 02 Jul 2009 13:23:20 +0000

At 9:21 a.m. ET the choices are:

ACOR	Leerink Swann
ESLR	JP Morgan
ENER	JP Morgan
WBD	JP Morgan
BCSI	Auriga U.S.A
EXFO	Thomas Weisel
CAL	Morgan Stanley
TTM	Deutsche Securities
ARM	Citigroup
DAL	Morgan Stanley
CSCO	Deutsche Securities
ONXX	Baird
PARD	Brean Murray
GTE	Raymond James
TTWO	Kaufman Bros

All junk with the exception of th Kaufman Bros. call. Kaufman is 4 for 4 on the year, 2 for 2 in the Tech Sector.

July 1 pick: We’re a fan of Bofam

edderd — Wed, 01 Jul 2009 13:29:17 +0000

At 9:24 ET the choices are:

MRVL JP Morgan
CLI Barclays
PT Credit Suisse
FTE Credit Suisse
WERN JP Morgan
SNDA ThinkEquity
MGA Bofam
SIMG Northland Securities
COG SMH Capital
STP Ardour Capital

We’re closely watching Bofam’s Buy call on MGA. Bofam is 3 for 4 YTD on the sector (Consumer Cyc).

If you’re looking to short, watch Barclay’s sell calls on

CHH

HOT

MAR

Barclays is 3 for 3 on the Services sector.

June 30 pick: Fox-Pitt tops the list

edderd — Tue, 30 Jun 2009 13:22:44 +0000

At 9:15 ET, today’s Buy choices are:

CTRP Nomura
ERTS Bofam
FDX Barclays
CHH Wachovia
AMZN Cowen
LGCY RBC Capital Mkts
FCX Canaccord
HME Fox Pitt
TSL Morgan Stanley

We’re closely watching Fox Pitt’s call on HME. While it has no YTD track record in the sector, it ranks No. 4 overall, going 5 for 7.

Also watching Bofam’s call on ERTS. Bofam is 5 for 8 in the tech sector and 10 for 15 over the last 30 days.

edderd — Mon, 29 Jun 2009 13:28:58 +0000

At 9:23 a.m today’s Buy call choices are:

DFS Keefe Bruyette
RGC Merriman
TLP Wunderlich
FFCH SunTrust
JCP Morgan Stanley
TRW JP Morgan
LYG Goldman
ZBRA Robert W. Baird
IN Robert W. Baird
PEP Stifel Nicolaus
ACM Sterne Agee

Most of this is chaff. Two calls bear watching — Sterne Agee’s call on ACM ad Baird’s call on ZBRA. Agee is 6 for 9 in the sector (Services). Baird is 2 and 0 on the sector (Cap Goods) and 1 and 0 on the industry (Misc. Cap Goods).

But the strongest signal we’re getting is to short AA, a Sell call from FBR Capital. FBR is 9 for all on cell calls YTD

No picks until Friday

edderd — Tue, 23 Jun 2009 13:19:06 +0000

We’re traveling and it’s doubtful we’ll be able to post picks.

June 23: No picks

edderd — Tue, 23 Jun 2009 13:18:04 +0000

The data does not give an edge to any of today’s Buy calls. At 9:17 ET the calls are:

ETFC	FBR Capital
COP	Bernstein
KKPNY	Citigroup
PT	Citigroup
SSL	Credit Suisse
SONC	Oppenheimer
CAG	UBS
CSE	UBS
FDX	JP Morgan
AAUK	Bofam
BHP	Citigroup
SBX	Baird
UPS	Jesup & Lamont
ISIL	Zantrio
AGNC	Zantrio
SWHC	Zantrio
AUO	Goldman
SIRI	Barrington Research
TUP	Argus
BKD	Stifel Nicolaus
DRE	BMO Capital Markets