Friday, April 25, 2008

Chesapeake Energy Hits New Record High


Shares of Chesapeake Energy (NYSE CHK) continued to surge this week, gaining 5.6% on Friday to close at $54.68.

CHK continues to significantly outperform the broader markets as evidenced in the 200 day chart.

Saturday, April 19, 2008

GOOG Blasts Through 50 Day Moving Average


Propelled by a bullish earning report, shares of Google gained 20% on Friday to close at 539.41, above the 50 dma of $467.96

Tuesday, April 15, 2008

Wal Mart Hits New 52 Week High

Shares of WMT continue to surge, hitting a new 52 week high of $56.27 on Tuesday.

Monday, April 14, 2008


Shares of Potash Corp. (NYSE POT) hit yet another record high on Monday after UBS AG analyst Brian MacArthur raised his firm's target price to $235.

Thursday, April 10, 2008

MLNM Skyrockets On Buyout Offer.........


Shares of MLNM are up almost 50% in pre-market trading following the overnight announcement of a buyout offer from Takeda Pharma.

Takeda's cash offer is worth $25 per share, more than a 50 percent premium over Millennium's Wednesday closing share price of $16.35.

Tuesday, April 8, 2008

Apache Sets Another Record..........

Shares of Apache Corp. (NYSE APA) continued to break out on Tuesday, hitting an intra day high of $131.59 before closing at $130 a share.

APA announced positive test results from it wells in Ootla shale in British Columbia.

Sunday, April 6, 2008

SolarFun Crosses 50 & 200 dma


Shares of solar energy company SolarFun (NASDAQ SOLF) crossed both the 50 and 200 day moving averages this week to close at $15.47

Thursday, April 3, 2008

Apache Hits All Time Record High


Oil and Natural Gas company Apache Corp. (NYSE APA) closed at $123.18, a new all time record high.

Wednesday, April 2, 2008

SOLF Breaks Above 50 Day Moving Average


Shares of solar energy company SolarFun (NASDAQ SOLF) gained more than 18% on Wednesday, eclipsing the 200 day moving average of $13.72.
SOLF shares are currently trading at $14.71 in the after hours market, just below the 200 day moving average of $14.91.

Tuesday, April 1, 2008

Thornburg Gains 19.83%


TMA closed up almost 20% on Tuesday and is experiencing heavy trading volume in the after hours market.

TMA Shares Rise On Financing News

Shares of Thornburg Mortgage (NYSE TMA) are up 69 cents (57%) to $1.90 in premarket trading.

TMA announced on Tuesday that it raised $1.35 billion in an offering designed to help the company avoid bankruptcy.

Thornburg Mortgage CEO Interview