In The Zone

 $LAKE – Lakeland Industries, Inc.

 

Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide.  The company was founded in 1982 and is headquartered in Decatur, Alabama.

Lakeland is scheduled to report earning after the close of the market this coming Wednesday. Analyst expect an earnings per share increase of over 212%, a sales increase of more than $37 million dollars, as well as a revenue spike of $151.70 million from prior year quarter this time last year. This would represent changes of +417.78% and +40.7%, respectively due to the Coronavirus pandemic. The stock is up 93.71% for the year as it ended the week trading at $21.25 -1.29 or -5.72% for the week on lighter than average trading volume of 2,723,617 million. The average trading volume for Lakeland Industries is 2.49 million.  

By Marlin Rolle

 

This stock is not a buy recommendation; please do your own due diligence or get help from a professional before trading. 

In The Zone

 

$LAKE – Lakeland Industries, Inc.

 

Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide.  The company was founded in 1982 and is headquartered in Decatur, Alabama. Lakeland is scheduled to report earning after the close of the market this coming Wednesday. Analyst expect an earnings per share increase of over 212%, a sales increase of more than $37 million dollars, as well as a revenue spike of $151.70 million from prior year quarter this time last year. This would represent changes of +417.78% and +40.7%, respectively due to the Coronavirus pandemic. The stock is up 93.71% for the year as it ended the week trading at $21.25 -1.29 or -5.72% for the week on lighter than average trading volume of 2,723,617 million. The average trading volume for Lakeland Industries is 2.49 million.  

By Marlin Rolle

Wizzwatch Weekly Newsletter 2.5.2012

As the third week of trading for the month of June came to an end, the Dow Jones Industrial Average as well as the Standard and Poors 500 declined as the Nasdaq composite index advanced slightly higher.

The top five stocks that moved higher in the week were (HNR) Harvest Natural Resources +60.56%, (LIVE) Livedeal 57.41%, (XG) Extorre Gold Mines +53.38%, (MDGN) Medgenics, Inc. +48.25%, and (CSUN) China Sunenrgy Co. +42.86%.

The top commodity indices were Natural Gas +6.50%, S&P GSCI Agriculture +5.37%, S&P GSCI Livestock -0.04%, the CRB Index -1.56%, and Copper -2.65%.

The Dow Jones Industrial Average began the week trading at 12,767.02 before it declined to a price low at 12,561.46 before ending the week higher.

As for now the index is currently below its 5 week moving average but above its 10, 32, 50 and 200 week moving averages. Downside support for the Dow Jones Industrial Average is at 12,034.98 with upside resistance at 13,338.76.

The top percentage gainers in the Dow 30 in the week that passed were (MRK) Merck +3.21%, (JPM) JP Morgan Chase +2.74%, (MSFT) Microsoft +2.27%, (UTX) United Tech +0.94%, and (JNJ) Johnson & Johnson +0.92%.

As the week came to a close the Dow Jones closed to end the week trading at 12,640.78 down -126.39 points or -0.09% on heavier than average downside trading volume of 3.80 billion. The average weekly trading volume for the Dow Jones Industrial Average is 3.59 billion.

At the Nasdaq Composite Index there was a slightly different direction of movement as the index closed higher to end the week for the third consecutive week. The Nasdaq began the week trading at 2,872.49 and moved to a price low at 2,853.86 before ending the week trading higher.

Downside support for the tech weighed index is at 2,726.68 with upside resistance at 3,134.27. The index is currently above its 5, 32, 50 and 200 week moving averages but below its 10 week moving average at 2,894.73. In order for the Nasdaq Composite to move higher in the week ahead it must break above the 2,942.30 area going forward.

The top percentage gainers in the Nasdaq Composite in the week that passed were (VRTX) Vertex Pharmaceuticals +7.20%, (DTV) Direct TV +5.79%, (NVDA) Nvidia +5.70%, (EBAY) eBay +5.26% and (NUAN) Nuance Communication +4.90%.

The Nasdaq Composite Index closed to end the week trading at 2,892.42 up +19.62 or +0.68% on heavier than average upside trading volume of 8.97 billion. The average weekly trading volume for the tech weighed index is 8.97 billion.

As the Nasdaq moved slightly higher to the upside to end the week the Standard and Poors 500 declined for the first time in 3 weeks after moving above its 5, and 10 week moving averages the week prior. As for now the index is currently above its 10, 32, 50 and 200 week moving averages but below its 5 week moving average at 1,319.88.

The top percentage gainers in the S&P 500 for the week that passed were (ODP) Office Depot +9.27%, (SVU) Supervalu +7.96%, (CF) CF Industries +7.62%, (TSO) Tesoro Petroleum +6.62%, (STJ) St. Jude Medical +6.61%.

The S&P 500 closed to end the week trading at 1,335.02 down -7.82 points or -0.58% on heavier than average downside trading volume of 14.47 billion. The average weekly trading volume for the S&P 500 is 13.96 billion.

By: Marlin Rolle
*** Please have a close look at the charts below ***

 
 

Market Lesson – Patience

When investing in the financial markets investors must learn one important factor in their decision making process. That one important factor is to be patient; patience can make or break any investor that disregards time to evaluate a trade before it is made.

Every investor must pay attention, just as if they were crossing a street. Before crossing a street we were always taught as children to look both ways before crossing. If you don’t look both ways there is a ninety nine percent chance that you will get hit by a vehicle.

When purchasing stocks, foreign exchange or options it is not any different, the same rules apply. You must be very patient and follow all the rules.

One mistake can ruin an investor’s entire account due to the lack of not taking his or her time. You must learn technical analysis, fundamental analysis, candle stick charting and moving averages just to name a few, but most of all patience. Being patient is the key to making money in the financial markets.

Patience is the ability to endure waiting, delay, or provocation without becoming annoyed or upset, or to preserve calmly when faced with difficulties. We all know everything takes time.

Many investors that rush trades by trying to beat the market, getting in too late or trying to get in early usually lose money very fast. From this day on alleviate the stress take a deep breath and relax, take your time and you will make money be able to make winning trades.

By: Marlin Rolle

Economic Calendar

July 09 - 3:00 PM Consumer Credit for May
July 11 - 7:00 AM MBA Mortgage Index for 07/07
July 11 - 8:30 AM Trade Balance for May
July 11 - 10:00 AM Wholesale Inventories for May
July 11 - 10:30 AM Crude Inventories for 07/07
July 11 - 2:00 PM FOMC Minutes for 6/20
July 12 - 8:30 AM Initial Claims for 07/07
July 12 - 8:30 AM Continuing Claims for 06/30
July 12 - 8:30 AM Export Prices ex-ag. for June
July 12 - 8:30 AM Import Prices ex-oil for June
July 12 - 2:00 PM Treasury Budget for June
July 13 - 8:30 AM PPI for June
July 13 - 8:30 AM Core PPI for June
July 13 - 9:55 AM Mich Sentiment forJuly

IPO Outlook

KYAK - Kayak Software Corp.
PANW - Palo Alto Networks, Inc.
DRTX - Durata Therapeutics, Inc.
FIVE - Five Below, Inc.
NOW - Service Now, Inc.
EXA - Exa Coprporation
TSRO - Tesaro
EQM - EQT Midstream Partners
IRG - Ignite Restaurant Group, Inc.

Please note the stocks listed are not buy recommendations.

Top 25 Market Sectors

Paint & Related Products
Building - Residential & Commercial
Building & Construction - Miscellaneous
Building Products Retail - Wholesale
Semi Radio Frequency
Leisure & Recreational Products
Retail - Convenience Stores
Banks - Midwest
Electronic Miscellaneous Services
Building Products - Air Heating
Finance - Consumer Loans
Internet Software Services
Retail - Discount
ETFs - Grains
Tobacco
Building - CMT & CNT & AG
Finance - Mortgage & Related Services
Banks - Southwest
Banks - West
Oil Refining & Marketing MLP
Financial Transaction Services
Retail - Home Furniture
Building Products - Wood
Leisure & Recreation Services
Insurance - Property & Casualty
ETFs - Biotech

Stocks 2 Watch

Gold, Airlines,Transports, Gold, Silver

* Please note that the stocks listed are not buy recommendations please do your own due diligence or get help from a professional before trading. *

In the Zone

$ARNA - Arena Pharmaceuticals, Inc.

Arena Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, engages in discovering, developing, and commercializing oral drugs that target G protein-coupled receptors in the therapeutic areas of cardiovascular, central nervous system, inflammatory, and metabolic diseases.

The companys advanced stage drug candidate includes the lorcaserin for the treatment of weight management, including weight loss and maintenance of weight loss. Its product in clinical development comprises APD811, which is under Phase I clinical trial for the treatment of pulmonary arterial hypertension.

The companys preclinical development programs include APD334, an oral treatment for the treatment of autoimmune diseases, including multiple sclerosis and rheumatoid arthritis; and APD371 for the treatment of pain.

The company also researches and develops GPR119, a pharmaceutical target for discovering orally available small molecule agonists for the treatment of type 2 diabetes, as well as temanogrel, nelotanserin, and earlier-stage programs. In addition, the company provides manufacturing services. Arena Pharmaceuticals, Inc. was founded in 1997 and is based in San Diego, California.

Please keep  (ARNA) Arena Pharmaceuticals, Inc.on your watch list for a price move above $8.96 - $9.01 on heavier than average daily trading volume of 16.19 million.

As of the close of trading on Friday (ARNA) Arena Pharmaceuticals, Inc. ended the week trading at $9.08 +0.26 or +3.32% on lighter than average upside trading volume of 10.0 million. Please note that this is not a buy recommendation please do your own due diligence or get help from a professional before trading.

By: Marlin Rolle

*** Please have a close look at the charts listed below ****