Sabrient Risers – 7/22/2011

July 21st, 2011

Stock Rating Analysis ALTR STRONGBUY An increasingly attractive expected long term growth rate and a significantly higher projected valuation from just a few weeks ago make Altera a company to watch. THC BUY The long term projected growth rate for Tenet is rising, and this is happenening at a time when historical earnings have already increased significantly. HAL STRONGBUY Many analysts are expecting higher than previously expected long term growth from Halliburton, and its near-term earnings outlook is also improving. WYNN BUY Wynn Resorts is one of the top candidates projected to achieve both higher than previously projected earnings in the short run and a higher earnings growth rate in the long run. LNN BUY Lindsay Manufacturing is one of the top candidates projected to achieve both higher than previously projected earnings in the short run and a higher earnings growth rate in the long run.

Obama Aligns with Boehner Causing Democrats to Scream of “Volcanic Moment”

July 21st, 2011

The deficit ceiling debate took an interesting turn as Obama is considering going forward with House Speaker Boehner on a $3 trillion deficit reduction deal that does not include immediate tax hikes. Democrats responded angrily, threatening a “volcanic moment”.

Please consider Obama Aligns With Boehner in Seeking U.S. Debt Pact Amid Internal Strife

President Barack Obama and House Speaker John Boehner, each facing strife within his own ranks and dwindling time to avert a U.S. default, pressed for a broad agreement to boost the debt limit while cutting spending by trillions of dollars and overhauling the tax code.

Obama summoned top Democrats to the White House last night after Democrats balked at word of a potential deal between the president and Boehner that would reduce the long-term deficit by about $3 trillion over 10 years through deep spending cuts without an immediate increase in taxes. Democratic lawmakers said they feared the president was moving toward an agreement that undermined their party’s priorities.

“We are very volcanic at this moment,” Senator Barbara Mikulski, a Maryland Democrat, said as she left a session at the Capitol with White House budget director Jack Lew. “The

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Tags: Boehner, Boehner Causing

3 Top Trending Penny Stocks: Options Media, Portage, Codima

July 20th, 2011

Shares of Options Media Group (PINK: OPMG) spiked as much as 13.69% higher today, trading at $0.09 in late trade with volume at 22.29 million.

Options Media is a Boca Raton, Florida-based company focusing on the mobile software applications in the U.S. and Canada. The company’s DriveSafe software has been designed to prevent texting and e-mailing while driving. The company also offers the PhoneGuard anti-texting software, which safeguards cellular phones/PDAs or smart phones from the ever increasing risk of data theft by hackers and cyber criminals.

Shares of Portage Resources Inc. (PINK: POTG) are climbing in today’s trading. At last check, the penny stock was treading 3.15% higher at $0.655, with volume at 10.30 million. In the last one month Portage Resources shares gained 58.98%.

Portage Resources is a Peru-based mining company. The company is engaged in the acquisition and development of mineral properties in Peru. Recently the company completed a number of acquisitions in Peru.

Shares of Codima Inc. (PINK: CDMA) are falling in today’s trading. At last check, the penny stock was trading 4.76% lower at $0.0040, with volume up from daily average of 7.22 million to 43.51 million. Despi

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Tags: Media, Options Media

The Profit Protection Tool No One Wants You to Know About

July 20th, 2011

Note from Managing Editor Sara Nunnally: It’s a good day when Smart Investing Daily uncovers a tool the bigwigs don’t want you to know about. And we only had to look in our own backyard to find it.

More Income, Less Risk…

Looking to get a little more out of your investment portfolio? Who isn’t, right?

Today I want to tell you about a strategy many hedge funds use to make and protect profits. Using this tool (which is available to nearly every investor but very rarely used by individuals), the funds are able to create additional income from stocks they own — while at the same time, limit the amount of risk for their overall portfolio.

Sound too good to be true? This is no gimmick. It takes a little work, and just like with any tool, you have to invest a little time to learn to use it properly.

But when it’s used well, the returns can add up quickly.

Institutional investors would probably rather you didn’t spend your time learning how to create this additional income.

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Tags: Know, Wants Know

Will We Hold It Wednesday – 1,333 or Bust (as usual)

July 20th, 2011

Here we go again!  

We blew right though our expected bullish levels of Dow 12,500, S&P 1,317, Nasdaq 2,775 and Russell 825 but failed to make 8,300 on the NYSE so, as usual, our biggest and most difficult to manipulate index is holding us back flashing a warning sign while the other indices scream for us to “party on.”  Fortunately, as I mentioned in yesterdays morning post, we had already gone aggressively bullish with the SPY Aug $128/131 bull call spread at $1.83, selling the Sept $120 puts for $1.57 and that net .26 spread is already net $1.86 up 615% since I posted the trade idea at 12:53 in Mondays Member Chat.  

Its good to have a few aggressive trades like this to take advantage of market bounces.  Before that we had taken the SSO Aug $51/53 bull call spread at $1.05, selling the Sept $44 puts for $1.07 for a net .02 credit at 10:46 in Member Chat (the SPY play was for late-comers who missed out on SSO).  The

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Tags: Usual

Rambus Still in Red Ink, Eyes Bigger Prize

July 20th, 2011

Futures were pointing towards a sluggish start this morning and we kind of had a feeling the market would trade flat today following this week’s big push up to resistance.  Company earnings have come in mixed today with disappointing numbers from some while others have shined.

Caterpillar (CAT, $105.58, down $6.02) has let the Blue-Chips down and is weighing on the Dow after missing estimates while continued concerns over the U.S. debt ceiling have resurfaced which is holding the bulls back as well.

As usual, nothing in Washington can go smooth.  The Republicans are playing hardball as the knuckleheads in D.C. fai

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