Blue Horseshoe Stocks: JDST, CNET, TTMI & More

Direxion Daily Jr Gld Mnrs Bear 3X ETF (JDST)

JDST, for those of you who may not be familiar, is a bear index for gold, which has been taking a pounding over the past couple of months, as world economies have seen a general pickup.

Many analysts are predicting a protracted bearish run from the precious metal, for instance Goldman Sachs has forecast gold to decline to $1,050 an ounce this year. Still others believe a trip to sub-$1000/oz prices is in the cards.

Should gold continue its downtrend, JDST is one way to leverage against that, so we’re going to have this index on our radar from this point forward. It could stand to see further increases while investors are turning to other classes of assets which are currently boasting healthier returns.


TTM Technologies, Inc. TTMI 

TTMI is hitting our scanners this morning as a potential bottom play. The stock made a run toward the end of Thursday’s session, and spent the day Friday under general consolidation where it came down to bounce off of support at 7.28 in the last hour of trading.

We’ll be keeping an eye in the activity here today, on the heels of this morning’s news of an acquisition that will make the company one of the world’s leading manufacturers of printed circuit boards.

COSTA MESA, Calif. and ST. LOUIS, Sept. 22, 2014 (GLOBE NEWSWIRE) — TTM Technologies, Inc. (TTMI) (“TTM”) and Viasystems Group, Inc. (VIAS) (“Viasystems”) today announced the execution of a definitive agreement under which TTM will acquire all outstanding shares of Viasystems >>> FULL PR



ChinaNet Online Holdings, Inc. CNET

Another stock that popped up during this morning’s scan falls more under the category of a momentum play; CNET made a big move on Friday, and from the looks of things we should be on the lookout for some of that activity to carry over into this week. The stock is presently gapping up in the premarket, and as always when we see this scenario, we are open to the possibility of seeing a potential dip-and-rip on the chart.

The company also announced today that it had won recognition at yesterday’s Chinese eCommerce Industry Gateway Conference in Beijing:

BEIJING, Sept. 22, 2014 (GLOBE NEWSWIRE) — ChinaNet Online Holdings, Inc. (CNET) (“ChinaNet” or the “Company”), a leading B2B (business to business) Internet technology company providing online-to-offline (O2O) sales channel expansion services for small and medium-sized enterprises (SMEs) and entrepreneurial management and networking services for entrepreneurs in the People’s Republic of China, announced today that the company won the Best Company in Chinese Entrepreneurial SME Business Development Marketing at the 2014 Chinese e-Commerce Industry Gateway Conference. >>> FULL PR


PBR Options Trading Idea

Also, for a quick options trading idea to kick off the new week, we have possible interest in the October 3rd $16 Call, which closed at 1.29 on Friday.


Extended Watchlist:
TATT, DSS, RSH, CLX

Blue Horseshoe Stocks: Alibaba IPO, VVUS Recap

Alibaba Group Holding Ltd. BABA – IPO 

Along with multitudes of excited onlookers today, we are going to be spending the second-to-last trading session of Summer 2014 with a large part of our focus on the much-anticipated Alibaba IPO. It certainly has been a summer of unusually many tech IPO’s; we saw companies like Mobileye (MBLY) and GoPro (GPRO) go public, and now the biggest one of them all (of all time, actually) BABA is sure to make its mark.

Where there’s a huge IPO concerned, there’s a huge amount of hype, and with huge hype comes the potential for rapid profits… Of course, wherever there’s a chance for rapid gains to be made, we’ll be right there!

Folks interested in more of a long-term relationship with the stock are liking BABA for simple yet powerful reasons; Alibaba is rapidly growing, already profitable, and has more than an 80% market share of Chinese ecommerce, a market that includes hundreds of millions of potential customers, and a lot of free cashflow to throw around. For many investors, those points will be all they need to know.

For those who like to have a bit more to go on, the numbers are certainly impressive. With an annual customer base of over 270M active consumers, yearly orders totaling roughly $14.5B, and total sales of almost $300B, the new kid on the block is also going to be the big kid on the block! The twenty-teens have brought many of the most exciting tech IPO’s of all-time, and this one could just be the most tantalizing of all.


VIVUS, Inc. VVUS

From off of our extended watchlist in yesterday’s pre-market report, VVUS had a pretty solid session. It saw a low of 4.21 in the morning before running as high as 4.82 in the afternoon, and in doing so, recorded volume on the order of more than 24x the one-month average. That was an intraday run of roughly 14.5%

VVUS has been yet another stock that we’ve caught coming off of 52-week lows that has found support and shown us a positive move.


Blue Horseshoe Stocks: VTEQ Report

VeriTeQ Corporation (VTEQ)

We’ve got a new interest to present this morning that is catching our attention for a number of reasons. VTEQ, in addition to being in a good place on the chart with regard to upside potential (more on that in a minute), operates in an interesting market sector.

The company develops proprietary RFID (Radio Frequency Identification) technologies for use in implantable medical devices. It’s rare to find a development-stage company like VeriTeq which has an established product line in this arena, and that’s another reason why we think running across the stock at this stage of the game could end up working in our favor.

Not including those in future plans for development, VTEQ has two primary technologies of note:

Q Inside Safety Technology –  Last year the FDA issued a “Final Rule” on Unique Device Identification (UDI). Under this rule, each medical device must be labeled with a unique device identifier, and the labeler must submit information concerning each device to FDA’s Global Unique Device Identification Database (GUDID).

VTEQ’s Q Inside Safety Tech uses an FDA-Cleared Passive RFID chip for UDI in everything from medical implants to artificial joints.  It allows medical professionals to use a handheld scanner to access device data quickly and efficiently  (i.e. serial number, lot number etc.) which could save lives in the event of device recalls. According to a press release out on Tuesday, more than 1000 women worldwide have already received breast implants which implement the product. >>> READ PR

RFID Dosimeter Technology – Radiation overdose is a very real threat associated with CT scans and radiation therapy, and VTEQ’s Dosimeters address that risk directly. By reporting and recording the radiation levels being delivered to a patient in real time, this technology also has life-saving potential. The dosimeters are available in implantable and external versions (pictured below)

These technologies are designed to work with VTEQ’s Informatics and Data Analytics platform currently under development, and are indicative of the medical profession’s move to digital record-keeping which has been taking place over the past several years.

CHART COMMENTARY:

Fortunately, operating in an interesting market sector isn’t the only thing drawing us to VTEQ; the chart is in a good position with what we feel is significant upside potential. The stock is oversold, yet it has been recording higher lows off of its recent bottom. A breakout from here is definitely a possibility so we’re going to have VTEQ on close watch:

FROM THIS WEEK’S NEWS FEED:

For More Information on VTEQ and its Technologies Visit:
www.VeriTeqCorp.com