After you receive this alert, I will be booking profits on
400 shares of Zygo (ZIGO:Nasdaq), which is up 12% this
morning and trading around my monthly risky level at
$12.09 -- a price level where selling should occur.
Today's strength is in reaction to a better-than-expected
earnings report released after the close Thursday, and my
model shows that the positive reaction to earnings is now
built into this morning's rebound and additional upside
might be difficult as the Nasdaq corrects.
The company announced fourth-quarter earnings of 22 cents
per share, well above the consensus estimate of 17 cents.
For fiscal 2005, the company earned $10.2 million, or 56
cents per share vs. $4.2 million, or 23 cents per share,
for fiscal 2004.
This position was added to the model portfolio on July 11
at $10.60, and at $12.09 is up more than 14%.
The final edition will be sent out Wednesday morning.
Booking profits in one position and trimming three others.
Suttmeier's closing this protective position, which is no longer necessary.
The market's resilience continues as almost all sectors remain overvalued.
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
After the Bell
Before the Bell
TheStreet Top 10 Stories
Winners & Losers