Dow Jones
14015.12
-63.57
6:15 am PDT, October 12, 2007
NASDAQ
2772.20
+0.00
For info, visit access.smallcapnetwork.com
S & P 500
1554.41
+0.00
Change your subscription status here
Russell 2000
834.98
+0.00
VOLUME 07 : ISSUE 96
Saturday
Is A 'Go'
In
This Edition...
1)
Saturday is a 'Go'
2)
StockHouse's Exclusive Interview
3)
Thursday - An Omen, Or Blip?
We
now know for sure we'll have a new trading idea for you tomorrow morning.
I can't tell you much about it, but I can say you'll definitely want to
check your inbox Saturday. In the meantime, there are a few factoids I
can give you to whet your appetite. This company...
1)
Has a solution to a multi-billion dollar problem
2)
Has technology that's basically impossible to copy
3)
Is on the verge of what I think will be explosive sales growth
I
hope you're half as excited as we are about it. I expect this company to
become one of the industry's yardsticks.
In
the meantime, big news today from StockGroup, and then some thoughts about
yesterday's big selloff. Is it an omen of things to come, or a blip
in the overall uptrend? Keep reading and I'll tell you which one I
think it was, and why.
Exclusive
Interview at StockHouse.com
You
know, there's an outright plethora of mainstream market news out there.
All well and good, but the major media sources tend to all paint the same
rosy pictures. As the editor of a newsletter I'd describe as 'intentionally
alternative', I admire news sources and sites that can give you insights
you're not going to get anywhere else. That's why I'm applauding
StockGroup
Information Systems (OTCBB:
SWEB). Their new stockhouse.com site posted an exclusive interview
with Thom Calandra today.
Who's
Thom Calandra? The name rang a bell with me too, but I'd forgotten why
until I read the interview for myself. Calandra is the guy who started
MarketWatch.com (before 'CBS' got added to the front of the moniker)
back in 1996. He was also the editor of a newsletter called the Calandra
Report.
He
served as president of the company as well a newsletter editor until 2004,
when the SEC ruled he had not properly disclosed his personal trading activities
to the newsletter's readers. The case was settled in 2005, but we've not
heard much from him since then.
As
it turns out, he was using the time to write a novel.
Putting
his history aside - for better or worse - I agree with the editors
of stockhouse.com that this is a story worth telling. The guy knows a lot,
and has some interesting takes on how things really work in the market.
The interview is far more interesting than the drivel I find on most news
sites, where an unqualified reporter tells me 'stocks are up today because
...'
To
read the interview for yourself, just click
here.
A
Bearish Omen, or Just a Blip?
Some
day yesterday, huh? It actually wasn't the biggest single-day loss
we've seen recently, at least on a closing basis. However, I think it was
the biggest intra-day reversal we've seen in a very long time. By
that I just mean the distance between the high and the low was alarmingly
wide.
The
end result of the day's action created what is known as a bearish outside
reversal day. An outside reversal is where that day's open is above
the previous day's high, and the day's close is under the previous day's
low. It's also called a bearish engulfing day, as the second day's open/close
range 'engulfs' the prior day's entire range. The engulfment wasn't perfect,
but pretty darn close.
So
what? Well, it may end up being a non-issue. However, these outside-day
candlesticks are frequently a sign of a reversal. (So are inside-days,
but that not the issue at hand right now.)
We
really won't be able to say until next week whether Thursday is a setup
for more trouble ahead. Sometimes these big swings lead straight into a
new trend. Most of the time though, it takes two to four days for
it to really sink in. During those few days, it can seem like all is well.
Take
Friday, July 20th for instance. The S&P 500 lost 19 points that day
(-1.2%). On Monday, July 23rd, the S&P 500 regained 7 points, easing
investor's minds. The next day, the S&P 500 fell 30 points, and was
on its way even lower.
I'm
not saying we're for-sure going to repeat that kind of move. I will point
out, though, that the run from August's low to October's high was bigger
than the run from March's low to July's high. Moreover, the August-October
move took just a little more than half the time the March-July move did.
So, we're well overbought, and more than ripe for a correction.
One
thing I want to stress...this is not a reason to panic. Stocks ebb
and flow - that's just the way it is. I actually welcome a little bit of
a pullback, if only to relieve the pressure. And, I don't expect any dip
to be to traumatic. A revisit to the 200 day moving average at 1473 (or
even a move slightly below there) might be in store, yet it wouldn't be
anything unusual. That would be roughly only a 5% corrective move.
If
anything, I'd be using such a dip as a buying opportunity. Just something
to think about...if the outside day actually means anything.
We
Value Your Feedback
Got comments, questions or suggestions?
Send 'em on over: Email
the Editor
If you wish to send a written request
or inquiry, please send it to our physical address:
TGR Group, LLC
4653 Carmel Mtn Rd Suite 308 #402
San Diego, CA 92130
New
'Trader's Corner' Stock Picks on the Home Page
Just
in case you don't browse the website on a regular basis, we posted a new
Trader's
Corner article earlier this week. It comes complete with two new technology
stock ideas, and updates on our older trading ideas. To see it, just click
here.
Remember,
the articles on the homepage are exclusive - you won't find them anywhere
else...not even in the e-mail version of our own newsletters. Be
sure to check the site every now and then to find what's new there.
Titan
Global Pulls Back, Stock's Chart Preps For Breakout?
I've
been patiently waiting for Titan Global (TTGL) to break past $2.20. We
saw a couple of attempts a few weeks ago, but it just wasn't getting any
traction. Then when I saw the stock fall all the way to $1.70 on Wednesday,
I just figured it wasn't going to happen. Then when I looked at the same
chart a few hours later, I started to think maybe it's exactly what the
doctor ordered.
Why?
It was a full 38.2% retracement. That may have been enough of a dip to
wash anybody out, and let all the second-chancers in. With that mini-capitulation
out of the way, I feel TTGL now has a better shot at getting somewhere.
Just a thought.
Click
here to actually see a chart.
Subscribe
Information is power and timely information is profitable. Become informed and profit from Small Cap Network Profiles and Trading Alerts by becoming a Preferred Member today. There is no cost associated with your email subscription. Add your email address below and make sure to check your email inbox and confirm your opt-in request to start receiving the Small Cap Network Email Newsletter on a regular basis.
To ensure newsletter delivery, you can add any additional email addresses you may have to the Small Cap Network Member List. Receiving the Small Cap Network Newsletter in multiple locations is the best way of making sure you don't miss the next investing or trading opportunity! For web based email addresses, the Small Cap Network recommends @yahoo.com or @aol.com for timely and reliable email newsletter delivery.
Subscribe Here
Note: Your email address will be kept strictly confidential, and will not be shared with any other entity for any purpose at any time. If you no longer wish to receive the Small Cap Network Newsletter, simply follow the instructions located at the bottom of every Small Cap Network Newsletter Edition.
Unsubscribe
Here
D I S C
L A I M E R:
The Small Cap
Network, its website and email newsletter (hereafter, cumulatively referred
to as "SCN") , is an independent electronic publication committed to providing
its readers with factual information on select publicly traded companies.
SCN is owned and operated by TGR Group, LLC ("TGR"). All companies are
chosen on the basis of certain financial analysis and other pertinent criteria
with a view toward maximizing the upside potential for investors while
minimizing the downside risk, whenever possible. Moreover, as detailed
below, TGR accepts compensation from third party consultants and/or companies,
which it features in the publication and circulation of SCN. To the degrees
enumerated herein, SCN should not be regarded as an independent publication.
Click
Here or go to http://access.smallcapnetwork.com/compensation_disclosure.html
to view our compensation on every company we have ever covered, or visit
the following web address: http://access.smallcapnetwork.com/profile_disclosure.html
for our full profiles and http://access.smallcapnetwork.com/short_term_alerts.html
for Trading Alerts.
On January 19th, 2007 TGR Group LLC
entered into an agreement with Stock Group Media, Inc. (a wholly-owned
subsidiary of Stock Group Information Systems, Inc.) whereby Stock Group
Media, Inc. will provide $50,000 worth of advertising and marketing services
to TGR Group, LLC in exchange for coverage of Stock Group Information Systems,
Inc. on the Small Cap Network web site and newsletter.
From time to time TGR sells shares
received as compensation for coverage of client companies. Shares received
are sold in the open market. Since the shares are received as compensation
for services as previously disclosed, and not for investment purposes,
TGR does not view the sale of the shares as contradictory to any opinions
delivered in the content. This should be viewed as a conflict of interest
by shareholders or prospective shareholders of the client companies.
TGR, its Members and Members' families,
are forbidden by company policy to own, buy, sell or otherwise trade stock
for their own benefit in the companies who appear in the publication unless
specifically disclosed.
All statements and expressions are
the sole opinions of TGR and are subject to change without notice. A profile,
description, or other mention of a company within SCN is neither an offer
nor solicitation to buy or sell any securities mentioned. While we believe
all sources of information to be factual and reliable, in no way do we
represent or guarantee the accuracy thereof, nor the statements made herein.
The profiles, critiques, and other
editorial content of SCN may contain statements that appear foward relating
to the expected capabilities of the companies mentioned herein.
THE READER SHOULD VERIFY ALL CLAIMS
AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED.
INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK.
THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS
OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT
THE EXPRESSED, WRITTEN CONSENT OF TGR.
We encourage our readers to invest
carefully and read the investor information available at the web sites
of the Securities and Exchange Commission ("SEC") at http://www.sec.gov
and/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com.
We also strongly recommend that you read the SEC advisory to investors
concerning Internet Stock Fraud, which can be found at http://www.sec.gov/consumer/cyberfr.htm.
Readers can review all public filings by companies at the SEC's EDGAR page.
The NASD has published information on how to invest carefully at its web
site.