Recap:
11 of the 18 stocks are up an average of 7%
6 of the 18 stocks are down an average of 6%
1 of the 18 stocks is virtually unchanged

MCP was the biggest gainer with a 22% surge while MOTR dropped the most at 15%.

Future Stars: Top Performers (1-week update):

• MCP – 38.26, Molycorp was up 22% over the past week on the largest volume in nearly two months. I said this: “The current consolidation is ideal to shake out weak holders and allow new supports to jump on board.” Now, let’s see if MCP can blast to new highs (it’s an important test).
• QLIK – 26.14, Qlik Technologies was up nearly 12% on above average volume. As mentioned last week: “A move to new highs would be positive for grabbing shares.” A move to $28 or above would be very positive.

Future Stars: Bottom Performers (1-week update):

• MOTR – 20.00, Motricity dropped 15% last week on the largest weekly volume since it’s debut. I noted last week: “is consolidating back to its 50-d moving average”. The stock dropped hard Wednesday but reversed from it’s low and closed the week higher. It’s still a longer term opportunity. The key here is to reestablish trading above the 50-d m.a.
• ONE – 20.71, Higher One Holdings dropped 11.20% on above average volume but it stopped at the 50-d m.a. As mentioned last week: “Solid support is down near the $16 area with moving average support at the 50-d (just above $18).” Now is the time to buy shares if it holds support above $16-$18.
• KH – 18.20, China Kanghui dropped more than 11% on heavy volume as many Chinese stocks continue to get hit hard. The stock is currently trading at its support level so its key to hold above the $17.50 area.

“Just because a stock is selling at a high price does not mean it won’t go higher” – this applies to markets as well.

Whatever the market will do in 2011, I decided it was prudent to point out a number of strong growth stocks, young companies that have debuted within the past year (many within the past six months). This is NOT a buy list but it is definitely a watch-list for anyone that searches to buy young, innovative companies that are growing both earnings and sales. Several, if not many, of the stocks listed below will lead the market from time to time over the next few years, A couple of them may even become household names, similar to the GOOG, BIDU and AAPL’s of the past.

As it stands right now, Sunday (night), December 12, 2010, the major market indexes are all trending higher in the short, intermediate and long term phases. Until that changes, grab shares at ideal low risk entry points. Enjoy the possible future leaders.

Future Stars: Young Growth Stocks to Watch in 2011 and beyond:
*All charts are listed below*

• HSFT – 27.46, only five months young, HiSoft Technology has currently pulled back to the 50-d moving average line, providing some support for a new entry or an opportunity to add shares.
• MOTR – 23.55, after a three-fold run from it’s IPO price, Motricity is consolidating back to its 50-d moving average for an opportunity to add shares or enter for the first time
• RP – 28.83, RealPage is forming a short term base that resembles a subtle cup with support above the 50-d moving average. A breakout to new highs will continue the up-trend.
• QLIK – 23.40, Qlik Technologies is has been trading mostly sideways over the past three months after nearly tripling from it’s IPO launch. A move to new highs would be positive for grabbing shares.
• MCP – 31.28, Molycorp is trying to maintain support at the 50-d m.a. after running from $14 to a high above $40 per share. The current consolidation is ideal to shake out weak holders and allow new supporters to jump on board.
• TSLA – 31.52, Tesla Motors has been all the rage in the automotive world over the past several months, partly due to it’s stock run from $17 to more than $36 in a few short months. A bit extended here but further consolidation to the 50-d m.a. will offer new opportunities to grab shares.
• KH – 20.48, some of my longer standing readers know I have had a long love affair with Chinese IPO stocks dating back to 2007 (BIDU, EDU, MR). China Kanghui looks like another solid young growth stock – always grab shares at or near a support level like a major moving average. Note this: other young Chinese stocks are starting to show sings of a breakdown so be careful.
• VRA – 36.41, Vera Bradley makes my list because I know and understand this company, one of her bags was a recent gift to my wife. If VRA can be anything like Coach (COH), I’d love to jump on the ride now, nice and early. We can all dream for a ride like COH, extending back much of the past decade.
• ENV – 15.59, Envestnet is up over 80% since it’s debut. The ideal entry is along the 50-d m.a., similar to the pull-back in early November.
• OAS – 27.29, Oasis Petroleum is trending higher above the 50-d m.a. while continuing to make new highs. As with the others, an ideal, lower risk entry is a pullback on lower volume to the 50-d ma. The stock is slightly extended for that type of buy right now.
• IL- 19.60, IntraLinks Holdings has been trading in a $5 range since late October while consolidating back towards the 50-d m.a. with some nice intraday support on large volume in this area. Now is the time to grab shares if you feel the trend is higher.
• ONE – 20.71, Higher One Holdings broke out in early Septmeber and has since run up nearly 100%. Solid support is down near the $16 area with moving average support at the 50-d (just above $18).
• ST, 29.00, Sensata is extended at its current price for an ideal entry but keep it on your radar for a possible pull-back on lighter volume (a consolidation near or slightly above the 50-d m.a.).
• NOR – 11.58, Noranda Aluminum Holding Corp. has doubled since its first consolidation after the IPO. Several buying opportunities have presented themselves at 50-d m.a. support (similar to the pullback occurring now).
• PRI – 23.85, Primerica is an interesting company that most of us has heard of but not many sign-up (at least that’s what we all thought). However, the stock is making a turn higher with a possible triple top breakout above $26, that’s the entry point to new highs.
• CHKM – 26.97, Chesapeake Midstream Partner hasn’t had the initial run as many of the stocks listed above but the run has a been a consistent 35%+ with entry points at the 50-d m.a., similar to the once current taking place.
• PDM – 19.31, Piedmont works in an industry that I call my “day job”. This stock will fly if the commercial office market picks up next year. I suspect this stock will move based on that market. It has a 35% gain for the year, not too bad for a company in a distressed market.
• FNGN – 17.92, Financial Engines took a beating after the IPO but has since started a comeback, advancing from a low above $12 to current highs near $18. A push to new highs with supporting volume will be a sign to grab shares.

The average gain of the stocks showing a profit is 26%.
The average loss of the stocks showing a loss is 11% (-5%, -8% and -21%).

The top performing position is DXO, currently up 65% with a peak gain above 70%. Following DXO is EJ at 56%, STAR at 50%, RVBD at 40%, FRPT at 32%, ARST at 26% and V & VMW tied at 25%.

Visa (V) has appeared the most with a total of eight mentions (I may be biased since it’s my largest personal holding). DXO has also been an active play of mine since 2008 so it has been the second most popular ticker in my tweets, appearing five times over the past two months (DXO first appeared on this blog last November as a speculative oil play).

I would like to emphasize that the stock down 21% (APEI) would have been cut for a smaller loss using simple money management tools but for purposes of this update, we’ll assume everything is still being held.

Below is the list of stocks highlighted on my Twitter account, listed in date order (starting on March 31, 2009):

• HTS: +7%, $26.15 from $24.35 on 3/31/09
• V: +25%, $69.28 from $55.60 on 3/31/09
• VMW: +25%, 32.59 from $26.12 on 4/1/09
• RVBD: +40%, $21.52 from $15.37 on 4/2/09
• STAR: +50%, $22.45 from $15.00 on 4/5/09
• CXO: +14%, $31.90 from $27.96 on 4/5/09
• DXO: +65%, $4.48 from $2.72 on 4/20/09 (1st posted on 4/6/09 at $3.07)
• EJ: +56%, $16.78 from $10.79 on 4/9/08
• ARST: +26%, $18.19 from $14.46 on 4/9/09
• FRPT: +32%, $9.36 from $7.09 on 4/13/09
• WMZ: +12%, $19.85 from $17.70 on 4/14/09
• CTCT: +10%, $20.14 from $18.36 on 4/20/09
• TNDM: +15%, $30.78 from $26.81 on 4/20/09
• CFL: +11%, $30.60 from $27.50 on 4/26/09
• PAR: +3%, $11.27 from $10.94 on 6/2/09
• APEI: -21%, $34.56 from $44.00 on 4/2/09
• MDAS: -5%, $15.90 from $16.79 on 4/23/09
• MELI: -8%, $23.62 from $25.60 on 5/12/09

If you haven’t joined already, take the few seconds to follow me on Twitter as the bulk of my analysis appears there weekly, if not nightly.

P.S. – the bragging title of this post probably signals a short term top in the market! As I wrote yesterday:

“The main purpose of the stock market is to make fools of as many men as possible.” – Bernard Baruch

See the post Visa, from December 17, 2008 for further details:

Why do I like VISA’s potential?

• $1o Billion would represent the second largest IPO ever!
• Revenues are expected to grow steadily as consumers continue to use their cards
• VISA processed 44 billion transactions totaling $3.2 trillion in 2006 (Mastercard processed 23.4 billion transactions totaling $1.9 trillion)
• VISA has made $771 million on $3.7 billion in revenue during the first nine months of 2007
• VISA makes their money from the fees it charges to card users and merchants using its network

BEST OF ALL:

• Because it acts as an intermediary, Visa doesn’t sustain losses when consumers don’t repay the debts run up on credit cards bearing its brand. Those liabilities instead fall to the banks that issue the cards and set the terms of repayment
• Most of Visa’s major stockholders are banks. They include: J.P. Morgan Chase & Co., which owns 23.3 percent of the company’s Class B Stock; Bank of America Corp., 11.5 percent; National City Corp., 8 percent; Citigroup Inc., 5.5 percent; U.S. Bancorp, 5.1 percent; and Wells Fargo & Co., 5.1 percent.

Let’s see what happens. The gov’t here in the US scares me these days when it comes to credit cards so pay attention to what they are doing. I wish they would just butt-out and go back to doing what they are meant to do.

Grand Canyon Education, Inc. (LOPE) has a great looking up-trending chart since the day of its IPO and started to show up on my daily screens in late December (the most successful IPO in a long time – out of the box). This is definitely a stock that I would purchase if the market was showing strength. For now, I will stay on the sidelines until I can see some form of a rally starting to take place.

The other stocks listed below are also displaying nice technical characteristics in this murky environment which leads me to believe that they have potential to become market leaders in a rally. APEI is closely related to LOPE as these stocks typically do well when the market is in a recession. GXDX and ENSG are related to the healthcare and/or science industry which seems to do well when the economy has turned sour as well. Stocks such as APOL, COCO and CECO were superstars after 9-11 in the months leading up to the rally of 2003. Medical related stocks were also topping my charts in late 2002 and early 2003. Times seem to be repeating so we’ll have to wait for a market signal before jumping into any of these candidates.

In any evert, keep them on your watchlist.

• APEI – American Public Education, Inc.
• GXDX – Genoptix, Inc.
• ENSG – The Ensign Group, Inc.

Several of these stocks have been highlighted in blog posts dating back to November – be patient! We’ll continue to sit on them until the time is right.

• Three Stocks to Watch
• “A”+ Stocks
• Strong Stock Charts
• Institutions Accumulating Shares

We read the book a few years ago after it was released and I remember my wife couldn’t finish the last chapter, she avoided it for months and for good reason (the movie does a great job with this aspect of the book). Excellent book – good movie. Below is a picture galley of my Marley: Bob.

Marley and Me Movie
John Grogan Blog

Pictures of my wonderful lab, Bob:

Titan Machinery Inc., which runs construction and agriculture equipment store,s raised its full-year guidance for revenue and earnings per share earlier this week. Its fiscal second-quarter profit more than doubled as all three of the company’s businesses posted revenue growth. Net income for the three months ended July 31 jumped to $3.3 million from $1.4 million a year earlier and revenue surged to $134.9 million from $85.8 million.

The stock has been holding up rather well despite the weakness in the current market (Thursday aside). Its relative strength rating is within the top 1-2% of all stocks trading and the EPS rating is in the top 1% of all stocks trading. Overall, TITN is a stock that I wouldn’t mind adding shares here at the long term moving average. Disclosure: I do own shares at this time.

Past (TITN) Titan Machinery Inc. Blog Posts

• 6/24/08: Money Makers: IPI and TITN
  

  I have been away for the past few days but IPI and TITN continue to make new highs. The two stocks are up 49% and 69% respectively.

• 6/2/08: Top Rated Stocks
  

  “TITN – 24.30, Titan Machinery Inc. is still making new all-time highs but did run into some selling pressure near the $26 level. The trend is higher and I am holding until told otherwise by the charts.”

• 5/19/08: Portfolio Stocks on the Move
• 4/25/08: Portfolio Snapshot: Growth
• 4/29/08: Young Stocks Moving on Volume
• 4/21/08: Titan Machinery (TITN)
  

  Potential Trade Set-up:
  Entry: $21.00
  Risk is set at 1.0% of total portfolio or $1,000 of $100k
  Stop Loss is 10% or $18.90
  Number of Shares: 476
  Position Size is $10,000
  Risk is $2.10
  Target is unknown (too little information)

• 2/25/08: Stocks Catching my Eye – TITN: $19.70
  

  “MTL is no longer a buy since it has become extended but TITN and RIO may be setting up for new 52-week highs.”

(IPI) Intrepid Potash, Inc.

• 4/24/08: Intrepid Potash, Inc (IPI), $49.09
  

  “I missed the HUGE up-trend in POT but IPI may give this industry one last run before the trend is over. Markets are not efficient so the greed of crowds may take this IPO higher due to the recent performance of POT.”

  “I will not hesitate to jump on a trend if IPI starts to run higher because crowds are persistent and I don’t like to fight them.”

• 6/9/08: Watchlist and Stock Portfolio Update
• 6/2/08: Top Rated Stocks
• 4/25/08: Portfolio Snapshot: Growth

(TITN) Titan Machinery Inc.

• 6/2/08: Top Rated Stocks
  

  “TITN – 24.30, Titan Machinery Inc. is still making new all-time highs but did run into some selling pressure near the $26 level. The trend is higher and I am holding until told otherwise by the charts.”

• 5/19/08: Portfolio Stocks on the Move
• 4/25/08: Portfolio Snapshot: Growth
• 4/29/08: Young Stocks Moving on Volume
• 4/21/08: Titan Machinery (TITN)
• 2/25/08: Stocks Catching my Eye – TITN: $19.70
  

  “MTL is no longer a buy since it has become extended but TITN and RIO may be setting up for new 52-week highs.”

Sector: Industrial Goods
Industry: General Contractor
52-week Price: $4.75 – $27.25

June 6, 2008 Business Wire:

“China Architectural Engineering, Inc. (CAE) (AMEX:RCH), a leader in the design, engineering, fabrication and installation of high-end building envelope systems, today announced that the Company will ring the opening bell at the NASDAQ MarketSite in New York City’s Times Square on Thursday, June 12, 2008 at 9:30 a.m. EDT. The Company will commence trading on the NASDAQ Global Select Market under the ticker symbol “CAEI” on June 10, 2008.”

Although the company has “China” in its name, 45% of its revenue comes from Australia, Dubai, Qatar, the U.S. and Europe. Business week noted that growth should last well beyond the Olympic games this year because of robust orders in foreign markets.

The company’s order backlog is said to be at $100 million or 1/5th of its current market cap, a nice card to have up its sleeve in today’s world market.

The gap-up on the chart in May on huge volume concerns me when attempting to establish a solid risk/ reward trade strategy. I would like to see the gap fill prior to entering a position but I do see support along the 50-d m.a. or even $8 per share. I am going to set-up the “ideal trade” using the current moving average so we can cover a potential pull-back to the gap-up area noted on the charts.

Potential Trade Set-up:
Entry: $7.00
Risk is set at 1.0% of total portfolio or $1,000 of $100k
Stop Loss is 12% or $6.16 ($6.00 area)
Number of Shares: 1,190
Position Size is $8,334
Risk is $0.84
Target is $13 for a 7-to-1 risk/reward ratio

Key Fundamental Numbers:
Market Cap.: $547M
Outstanding Shares: 51.1M
EPS Growth (MRQ): 178%
EPS Growth (TTM): 135%
Revenue Growth (MRQ): 76%
Revenue Growth (TTM): 50%

Earnings per Share (EPS):
$0.50 Next year, +39%; High estimate $0.64, +77%
$0.36 current year, +71%
$0.21 last year, +50%
$0.14 previous year

• Young Stocks Moving on Volume
  

  “CLR – Continental Resources, $46.54, +43%”

• My latest Stock Watchlist
  

  “CLR – 38.38, yes, this stock is extended but I like it near $30 or the next base”

• Highest Rated IPO’s
  

  “CLR – Continental Resources Inc., $26.57
  This is the first appearance of the stock on this blog as it has had a nice run from $15 to $28 in four months. The stock is extended but trending higher. An ideal entry is above the 50-d m.a. Set up a favorable risk-to-reward trade before entering”

SD – Sandridge Energy Inc.

• Top Rated Stocks
  

  “SD – 55.00, Sandridge Energy Inc., made another new all-time high this week and it continues to trend higher on increasing volume. A couple late day reversals to end the week sent up a red flag (minor at this point in time).”

• Young Stocks Moving on Volume
  

  “SD – Sandridge Energy Inc., $47.01, +30%”

• My latest Stock Watchlist
  

  “SD – 44.28, made almost every screen I ran this week (buy near $40)”

GTLS – Chart Industries Inc.

• Top Rated Stocks
  

  “GTLS – 41.89, Chart Industries Inc. is trading near new all-time high territory as the trend is higher. A move above $43 will trigger a triple top breakout on the point and figure chart (a positive sign if it comes on heavy volume and without a reversal).”

• Young Stocks Moving on Volume
  

  “GTLS – Chart Industries, $41.05, +45%”

• My latest Stock Watchlist
  

  GTLS – 35.48, poor ending to the week but a buy near the 200-d m.a. is fine

• Chris Perruna Stocks in Review 2007
  

  “Listed are the thirty two covered stocks in alphabetical order:
  BIDU, BKC, BX, CSH, DVR, EDU, FCSX, FSLR, GRMN, GROW, GTLS, HMIN, HWCC, ICON, JASO, JSDA, LDK, LOOP, MA, MFB, MPW, MR, OMTR, PRXI, PTR, ROCM, SHLD, SLW, SMOD, SNCR, SSRX, VMW”

• Market Leaders!
  

  “(GTLS) Chart Industries Inc. – Fresh IPO Ideas $32.45″

• Leading CP Stocks
  

  7. GTLS: 37%, $23.05 to $31.54, 6/13/07

• Make Millions Trading IPOs
  

  “GTLS has gained almost 35% while institutional sponsorship has increased 55%. The most attractive number of the group is the jump in shares held for GTLS which increased by 102%. Institutions bought 16 million more shares than they were selling for an 8-to-1 ratio. The value of shares bought closed just shy of $500 million while the value of shares sold was only $65 million. The stock looks good long term.”

• Chart Industries (GTLS)
  

  “GTLS was Featured in these posts in June 2007:
  6/13/07: Fresh IPO Ideas, GTLS – Chart Industries Inc. – $23.05
  6/20/07: Young Guns Taking Off, GTLS – $24.73″

TITN – Titan Machinery Inc.

• Top Rated Stocks
  

  “TITN – 24.30, Titan Machinery Inc. is still making new all-time highs but did run into some selling pressure near the $26 level. The trend is higher and I am holding until told otherwise by the charts.”

• Portfolio Stocks on the Move
• Portfolio Snapshot: Growth
• Young Stocks Moving on Volume
• Titan Machinery (TITN)

IPI – Intrepid Potash, Inc.

• Intrepid Potash, Inc (IPI)
  

  “Can Intrepid Potash (IPI) follow in the footsteps of Potash Corp. Saskatch, Inc. (POT)? I will not hesitate to jump on a trend if IPI starts to run higher because crowds are persistent and I don’t like to fight them.”

Current Portfolio Holdings – Growth:

(MA) – Mastercard, (V) – Visa, (JASO) – JA Solar Holdings, (GU) – Gushan Environmental Energy, (CPLA) – Capella Education Company

EDU, New Oriental Education & Technology Group: I sold my final shares last week based on price and volume at the 200-d moving average. Here’s a look at some of the more popular EDU posts on this blog over the past 16 months.

• Portfolio Snapshot: Growth
• Friday Morning Education (EDU)
• It Pays to Learn English
• China Super Stars
• Weekend Trender – EDU
• Learning about New Oriental Education (EDU)
• EDU Breakout on Huge Volume!
• Intercontinental Education – The 20% Rule?
• Top 10 Stocks to Watch: Trend Buys