Hello friends and fellow traders, and welcome to the weekend. Hopefully you've got something more exciting planned than what the market had for you this week. Geez, talk about the dog days of summer. The S&P 500's close today was pretty much where it closed two Fridays ago, and perhaps even more annoying is that during that time it only traded as low as 2168 and as high as 2194. That's only a 1.2% span, which is very tight for the market even by summertime standards . I have to say though, the bulls are playing their cards the best way they can if they're trying to sidestep a setback. They're letting the support level around 2176 do its job. The longer they can just hold the line here, the more comfortable investors will get. Maybe we won't have to suffer the usual September weakness after all. That's a big maybe, obviously, but it never hurts to keep your mind open to all possibilities. Of course, once the 2176 floor is cracked -- if it's cracked -- all the selling that's been pent up for the past two weeks could come busting through in a hurry. I'm not so sure which is the lesser of two evils. Whatever the case, with who-knows-what coming for the broad market is the exact reason you'd want to focus on stocks positioned to do something whether or not the market helps out. We've got one of those for you today. In yesterday's newsletter we told you we'd gotten permission to poach one of the recent stock picks from the Under the Radar Movers newsletter. Since all the URM subscribers have had more than enough time to get into it, we'll go ahead and let you know now it was a long/bullish call on MagicJack (CALL). You know the company, even if you don't think you know it. This is the outfit that built the tiny little device you plug into your broadband router to make your internet connection also voice/phone connection. Though I've not seen one in a couple years, their ads were on TV all the time not that long ago. If you're thinking the advent of unlimited calling and unlimited data plans along with Skype and other alternatives was disruptive to this Vonage-like company, well, you're right, but not nearly as right as you might think you are. MagicJack has done a great job of remaining competitive in a rather cutthroat telecom market, partially because it's got a technological answer for those alternatives (MagicJack can actually forward calls from a landline to a cell phone, which people love), and partially because non-cell-phone connections aren't nearly as dead as some like to suggest they are. More recently, MagicJack has begun the development of business-class VOIP services, just calling this division BUSINESS. This could be even more fruitful than the consumer market. Anyway, the chart James Brumley made of the company's past and projected results for the Under the Radar Movers newsletter today speaks volumes. It looks like the lull has stabilized, and even turned around. With a more competitive product on the market at the same time BUSINESS is on the verge of launching, the rekindled sales and earnings growth outlook isn't tough to believe. The interesting part about CALL -- and the timing of the entry -- is that for whatever reason, the stock was still retreating all the way through Wednesday despite the fact that there's more to be excited about here than there's been in a long time. We've seen this before though. Sometimes, a stock just has to move into new multi-year low territory to fulfull its destiny. That's what CALL did on Wednesday, and like clockwork, the past two days have been decidedly bullish even if they haven't been for the overall market. Can we guarantee MagicJack shares are destined for much higher highs? Of course not. The Under the Radar Movers crew has been watching this one for a while now though, and has seen CALL has a history of making major reversals once it reaches extremes. There's something else the URM team pointed out in Thursday's newsletter, but rather than recap it, I'll just use their own words: "The kicker is cash on hand. The company's got $46.7 million in the bank, and sports a market cap of only $81 million. That means the market is valuing the enterprise -- a company that generates $100 million in annual sales and is profitable -- at only $34 million. MagicJack could be facing every headwind imaginable and that still wouldn't make sense, particularly in light of the growth forecast." Both the P/E ratio of 10.3 and the price/sales ratio of 0.90 are well below the market's average. It's as if traders were trying to price in a worst-case scenario that was never apt to happen. The chart says those traders have now caught their mistake and are trying to undo it. Notice how much buying volume we've seem materialize in just the past two trading days (headed into a weekend, no less). Like we said above, we don't know for sure what the future holds for MagicJack. We love the odds though, which is all anybody can really ask for. More important, if you like the idea -- and especially if you end up making some good money with it -- just bear in mind that the URM service is dishing out these kinds of picks all the time. Use any profits you may reap with CALL to invest in a subscription to the Under the Radar service. Better still, if you like the thorough but simplified thought-process on the trade, go ahead and become a URM member now so you can get the stop levels and targets and exit advice for MagicJack. Just think of it as an investment in yourself.