Dr Stock Pick HOT News & Alerts!

_______________________________________

FREE Daily Stock Alerts From DrStockPick.com

_______________________________________

Thursday November 5, 2009

DrStockPick.com Stock Report!

**************************************************************

Cavitation Technologies, Inc. (OTC Bulletin Board: CVAT) announced recently that it has signed Miura Engineering Co., Ltd. Tokyo, Japan (www.miura21.co.jp) as its new agent to serve markets in Japan for CTI’s Nano-Cavitation Process Systems. Miura is a leading Engineering Company specialized in Edible Oil Processing Plants in the Far East. Last week CVAT reported a 3-for-1 forward stock split.

IRIDEX Corporation (Nasdaq: IRIX) today announced that it will release its third quarter 2009 financial results after the

...

A sharp rebound in Chinese shares helped erase yesterday’s slump and sent Asian stocks sharply higher Thursday, a day after Shanghai’s big fall ignited fears of a Chinese stock collapse and triggered a selling spree around the world.  Asian markets also drew comfort from an overnight recovery on Wall Street after a surprise drop in U.S. crude stockpiles lifted hopes for an economic recovery and sent investors back on the buying table.

Shanghai's main index jumped 126 points, or 4.5%, to 2,911.58, while Japan's Nikkei 225 stock average climbed 179.41 points, or 1.8%, to 10,383.41.  Hong Kong's Hang Seng rose 374.63, or 2%, to 20,336.36.  South Korea’s Kospi advanced 2% to 1,576.39.

Stock futures pointed to a higher open on Wall Street Thursday.  Dow Jones industrial average futures rose 24, or 0.3%, to 9,300. Standard & Poor's 500 index futures edged up 3.70, or 0.4%, to 1,000.80, while Nasdaq

...

div style="text-align: justify;"span style="font-weight: bold;"PetSmart (NASDAQ:PETM)/span is getting at least 2 downgrades this morning following weaker than expected results and guidance out last night:br /br /span style="font-weight: bold;"- Credit Suisse/span is downgrading PETM to Neutral from Outperform as, unlike other industry leaders, PETM is not only seeing sales slow, but is seeing margins decline as its mix deteriorates. Taking away the earnings upside moves PETM down on firm's investment attractiveness scale. Firm is lowering their price target to $21.br /br /span style="font-weight: bold;"Investment case:/span PetSmart has always been a tween’er that has moved on its own results. It does not offer the cyclicality due to its food sales that investors looking for an economic uplift can find in many of firm's names. Nor does it offer the secular story that CSFB's DIY auto names do. However, the growth of services, lower expense growth and premium food inflation seemed enough to ...

Better-than-expected earnings from retailers and an upbeat housing report helped indexes recover some ground Tuesday after previous session’s big market sell-off pushed equities sharply lower.  A rise in German investor confidence also helped sentiments on the Street as investors chose to brush aside a greater-than-expected plunge in wholesale prices.

The benchmark S&P 500 index closed up 1% at 989.67. The Dow Jones Industrial Average added 0.9% to 9,217.94 and the Nasdaq Composite index gained 1.3% to 1,955.92.  About four stocks advanced for every one that declined.  Volume was light with only 991 million shares exchanging hands.  With investors back among equities, Treasuries declined, as the 2-year fell 1/32 and its yield rose to 1.028%, and the price of the 10-year eased 12/32 in price and its yield increased to 3.517%. The measure of market volatility, the CBOE Vix, reversed Tuesday's near-15% jump, retreating 6.1% to 26.18.

With no clear

...

* Oracle (NASDAQ:ORCL) reported fourth-quarter earnings of 46 cents a share, versus estimates of 44 cents, as revenues fell 5.2% to $6.86 billion, up from Street estimates of $6.47 billion

* PetSmart (NASDAQ:PETM) raised its quarterly dividend to 10 cents from 3 cents; the company also announced plans for a $350 million stock purchase plan

* Bank of America (NYSE:BAC) announced efforts to raise over $2.5 billion in fresh capital through the swap of preferred for common shares, which priced at $12.7048

* Chevron (NYSE:CVX) announced production has begun at Brazil's Frade Field, a $3 billion project, which is projected to result in production levels of 90,000 barrels daily by 2011

* BMC Software (NYSE:BMC) reaffirmed its 2010 earnings guidance ex-items of $2.37-$2.47 a share, with operating cash flow expected at $600-$650 million, noting the firm has been gaining market share in IT management software space

* Rite Aid (NYSE:RAD) reported first quarter loss of

...

For Immediate Release

Chicago, IL - May 28, 2009 - Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week's analysis include Gap Inc. (GPS), Kohl's (KSS), Buckle (BKE), Dick's Sporting Goods (DKS), PetSmart (PETM) and Zumiez (ZUMZ.

Zacks Industry Rank Analysis is written by Charles Rotblut, CFA, Senior Market Analyst for Zacks.com.

This Week: Retailers: Better Forecasts, Tough Conditions

Two pieces of data point to a better outlook for retailers: consumer confidence and earnings estimates.

The Conference Board's May consumer confidence index spiked to 54.9 in May, it's highest level since last September. Behind the increase was a 21.3-point jump in the Expectations Index, from 51.0 to 72.3. This suggests that consumers believe economic conditions will likely improve in the future.

Full-year earnings estimates for the retail sector continue to be revised higher. During

...

Two pieces of data point to a better outlook for retailers: consumer confidence and earnings estimates.

The Conference Board's May consumer confidence index spiked to 54.9 in May, it's highest level since last September. Behind the increase was a 21.3-point jump in the Expectations Index, from 51.0 to 72.3. This suggests that consumers believe economic conditions will likely improve in the future.

Full-year earnings estimates for the retail sector continue to revised higher. During the past 4 weeks, 3 profit forecasts have been revised higher for every projection that has been cut - the strongest ratio of any sector. Within the sector, the largest number of positive revisions have occurred in Retail-Apparel/Shoe, Retail-Regional Department Store and Retail-Miscellaneous Diversified.

Not All Blue Skies Ahead

Though both pieces data are bullish, the underlying data is not so bright.

The consumer confidence survey uses a base measure of 100, meaning

...

Two pieces of data point to a better outlook for retailers: consumer confidence and earnings estimates.

The Conference Board's May consumer confidence index spiked to 54.9 in May, it's highest level since last September. Behind the increase was a 21.3-point jump in the Expectations Index, from 51.0 to 72.3. This suggests that consumers believe economic conditions will likely improve in the future.

Full-year earnings estimates for the retail sector continue to be revised higher. During the past 4 weeks, 3 profit forecasts have been revised higher for every projection that has been cut - the strongest ratio of any sector. Within the sector, the largest number of positive revisions have occurred in Retail-Apparel/Shoe, Retail-Regional Department Store and Retail-Miscellaneous Diversified.

Not All Blue Skies Ahead

Though both pieces of data are bullish, the underlying data is not so bright.

The consumer confidence survey uses a base measure of

...

Monday:Economic Empire (-26), Cap U & IP (76.6%, -0.1%)Earnings Lowe’s (LOW), Target (TGT), Ctrip.com (CTRP)Tuesday:Economic PPI & Core (0.2%, -1.5%)Earnings China Med (CMED), Home Depot (HD), Medtronic (MDT), ReneSola (SOL), Saks (SKS), Jack In The Box (JBX), La-Z-Boy (LZB)Wednesday:Economic Weekly Crude, Build P’s & Housing (770K, 780K), CPI & Core (0.2%, -0.8%), FOMC MinutesEarnings BJ’s (BJ), LDK Solar (LDK), Ross (ROST), Trina (TSL), Dress Barn (DBRN), Gymboree (GYMB), Hot Topic (HOTT), Intuit (INTU), Limited (LTD), Men’s Wearhouse (MW), PETsMART (PETM), Woodward Governor (WGOV)Thursday:Economic Weekly Claims, Leading Indicators (-0.6%), Philly Fed (-30.0)Earnings Barnes & Noble (BKS), Children’s Place (PLCE), Dick’s (DKS), Gamestop (GME), Pantry (PTRY), Patterson (PDCO), Suntech Power (STP), Yingli Green (YGE), Buckle (BKE), Autodesk (ADSK), Dell (DELL), Gap (GPS), J. Crew (JCG), Salesforce (CRM), Zumiez (ZUMZ)Friday:Economic NAEarnings AnnTaylor (ANN), Canadian Solar ...

Track insider sales at:

http://trackthepros.com/

SELLERS:

COMPANY NAME INSIDERS NAME TITLE $ VALUE NO. OF SHARES IN TRANS. RANGE OF VALUES TRANSACTIONS DATES Gap R. Fisher DO $20,123,137 1,047,350 19.20-19.23 Aug. 27-28, 2008 Celgene R. Hugin P 12,576,897 183,933 68.38 Sept. 3, 2008 PetSmart R. Moran P 8,481,644 302,596 27.60-28.4 Sept. 2-3, 2008 Petsmart R. Moran P 6,533,235 240,613 26.55-27.70 Aug. 29-Sept. 2, 2008...