Investment Ideas

The FCC recently mandated that cell phone sites must have a minimum of an 8-hour back-up in the case of lost power in the area. This has sent nearly all carriers scurrying to replace/upgrade the batteries at their sites. One company who has benefited from this is Enersys (NYSE: ENS). The Harrisburg, PA company makes a quality lead-based battery which can be used in cell sites to help bring carriers up to compliance.

I recently posted about a swing play with Cameron International Corp on my Five Percent Stocks weblog, check it out for a potential trade.

I posted this on my Five Percent Stocks blog midday yesterday:

We Will Return: A Stock That You Know Will Bounce

I recently posted on my Five Percent Stocks blog about Mindray Medical (NYSE: MR).  A possible option is you are looking to increase your exposure in healthcare.

Now may be a good time to relook at China Life Insurance Company (NYSE: LFC).  The company's shares have been beaten along with the rest of the financials, off its highs as much as 25%.  The shares are making a rebound of late, however, up 7 of the last 8 days, barring a major turn around today.  While there has not overwhelming volume confirmation yet, last week's turn around was strong and on above average volume.  You may see volume pick-up strong as it crosses the 50-day at around $90.

On Friday, China Medical (CMED) completed a double-top break-out on its P&F Chart.  The stock had been trending significantly lower, breaking the lower support of the P&F, before bouncing back on Friday to challenge the upper level P&F channel with the bounce of its P&F break-out with it.  Although it finished Friday well off of its intraday high, it did reclaim and hold its 50-day moving average on the daily chart.

I am thinking that we're shaping up for a nice entry point back into Chipotle.  We have a bullish confirmation from the candlestick analysis.  The daily has recovered to the 10 week moving average.  It'd be nice to see a volume confirmation, but the short term indicators are looking positive.  For longer term, IBD puts CMG as the overall best in class Retail-Restaurants issue of 63 total.  It also has the best Fundamentals of the group.  There seems to be a pretty strong support at $123.58.

Good Lord, was I wrong on Superior Offshore International (NASDAQ: DEEP). Take a look at this one, ouch. We're current in the midst of a descending triple bottom breakdown on our P&F chart, something that is not friendly.

On my Five Percent Stocks blog I posted a portfolio buy for Plains Exploration and Production (NYSE: PXP).  As an aside, I noticed one of my favorite independent energies eeked into the IBD 100 in today's paper - Range Resources Company (NYSE: RRC).  Not sure how long it will be there, but this company has the best management in the entire sector.  The just continue to outperform.

I just posted on HMIN over at my Five Pecent Stocks blog - check it out if you are looking for some good Chinese growth stocks.