The Best Hot Charts & Stock Alerts From The Pros

The U.S economy is on the mend and things are quiet in Europe. In addition, the Chinese government seems to be lifting its anti growth policies in response to Europe. All these factors spell a possible pick up in the global economy. At least that is what Wall Street hopes. Using that mentality, all eyes should be on a multi year beaten down sector, the shippers.

Just in the last few days, these stocks have started to inch higher. That is partly due to the January Effect but also due to the optimism on the global economy. In addition, the shippers have cut back on expenses, running their companies as smart as possible.

DHT Holdings, Inc. (Symbol:DHT) is a shipping stock that has recently turned back to being profitable. Below are the key reasons why DHT is a buy at $0.75 for a big move in January.

Keys
Profitable
Beautiful Chart Base (Bottom)
Weekly MACD Cross (Signals Upside)
Secondary Done At $4.65 (Stock At $0.75 Now)
January Effect Play
Economy Improving (Perception)
Stock At Lows (Bottom Play)

Target 1: $1.02
Target 2: $1.50

Other shipping stocks to watch: DRYS, GNK, EGLE, EXM

Traders,

The SLV trade alert issued on December 29, 2011 at $26.51 a share is now cancelled. Our alert did not trigger and the SLV has already made the move higher that we were looking for. Our rule is to not chase any stocks. If another pattern develops on the SLV I will alert you all.

Nick Santiago

This is a pure January popper value play. SMSI is trading on the 50/20 moving averages and the bottom of the chart. The chart is ready to break out. It has made a sweet base and has over 3 million shares short. The float is only 33 million. In addition, it is trading 25% below cash value and the company recently announced a share buyback. The stock was $17.00 just one year ago. It now trades at $1.17. As January plays go, this is a top play.

$1.20 is the master breakout level. Do not pay over $1.25. It is a swing for the month of January.

Target 1 is $1.64 and Target 2 is $2.05.

RENN is inching higher today but that is not even close to the whole story. Please note the volume increase today. This is the lightest trading day of the year for the markets and stocks but RENN is seeing some major accumulation. 20,000 blocks have been going off all day as institutional players are loading up. This tells us a big move should be close. Be ready for a major run as early as next week. First target should still be at $4.05-$4.10.

Chief Market Strategist Gareth Soloway continues to hold his shares from an entry price of $3.43.

Today, the SLV made a bullish piercing pattern from a very oversold and extended condition. The head & shoulders top that triggered on December 13, 2011 also reached its target today. The SLV is a very good bounce candidate from this level. Please understand that this is a counter trend trade as the SLV is trading below all of the major moving averages. Traders should take a small position when playing these counter trend bounces and always obey the stop loss.

*** The InTheMoneyStocks rule is to never allocate more than 10 percent of the swing trading account in any one position.

Chief Market Strategist Gareth Soloway has picked up a position in THQI at $0.73. This is a January Effect play to the max.

This stock is trading at cash. It has a market cap of $50 million and does sales of over $800 million a year. With this valuation, the January Effect should take this stock back over $1.00. In addition, a buyout is very possible by a competitor.

The stock is a buy under $.77 with a first target of $1.07 and a second target of $1.35. First target is expected in January.

Nice in spirit bull flag on the daily JPM. 20/50 moving averages are setting up to be nice support here as well. Trigger long is $32.45. Please note that on a gap down below $32.35, the trade is voided. This would be an ITMS River Theory and would mean more downside.  Note the chart below for all other information.

Trade is valid through 12/30/2011

The stock is Cleantech Solutions International, Inc. (Symbol: CLNT). It helps produce components for the clean energy industry in China. They focus on wind energy. This company was trading at $4.50 earlier in 2011 and is now trading at $0.25. This is a classic option type play. This means that the risk even if it goes to zero is still small compared to the upside potential. In addition, unlike an option, it does not have an expiration date.

The stock is trading below a 1 price-earnings ratio.  In addition, the company has no debt and has a book value of $3.50. Think about that one. $0.25 with a book value of $3.50. Not too shabby.

Cleantech Solutions should also benefit from January. As funds and investors unload into end of year, January should bring an end to the selling. This lack of selling should result in solid appreciation.

The chart has an amazing base and looks ready to blow.

This swing trade is great between $0.25 - $0.30. Treat it like an option with an upside of 100% to $0.50 first target and a second target of $1.00.

Good DD article: Read Here

Special Note: This is a swing trade. Do not chase and not meant as a one day play obviously. Patient should pay off nicely.

 

Get Ready To Join Our Chief Market Strategist, Nick Santiago LIVE Tonight! 


This Interactive No Hype Live Broadcast will begin at 7pm ET tonight!

The entry information will be posted to the No Hype Live Broadcast page (part of the Research Center) 15 minutes before the event begins.  When our Pro goes live on the microphone you will view his charts live, hear him live, ask him questions, and get ready to profit with the BEST!