Weekly Watch List

LQDT (12/25/11, +0.00%)
MA (9/24/11, +12.20%)
ULTA (11/13/11, -8.42%)
ALXN (7/24/11, +17.12%)
GOLD (12/11/11, -3.80%)
DLTR (9/4/11, +16.92%)
DG (9/4/11, +14.31%)
HANS (10/16/11, +0.60%)
NUS (8/28/11, +22.64%)
AUY (12/25/11, +0.00%)
TJX (11/27/11, +11.17%)
TSCO (12/04/11, -4.08%)
VRSK (12/18/11, +0.58%)
CXO (12/04/11, -8.82%)
RGLD (10/30/11, -3.83%)
AAP (12/11/11, -0.04%)

Additions:
AUY (12/25/11, +0.00%)
LQDT (12/25/11, +0.00%)

Subtractions:
RL (11/27/11, +0.36%)

Last week, all the major U.S. indexes moved higher. The NYSE composite jumped 3.9%, the S&P 500 gained 3.7%, the Dow added 3.6% and the Nasdaq moved up 2.5%. Although it would have been nice to see it occur on higher volume, Tuesday was a follow through day and changed the IBD outlook to “confirmed uptrend”. It’s safe to make new purchases again.

This week, five watch list stocks are at or near proper buy points. LQDT, trading at $36.03, broke out of a late stage cup base and has settled just below a $36.22 buy point. MA, trading at $378.15, is still within 5% of a $362.04 buy point. ALXN, trading at $69.08, is forming a flat base with potential buy point of $70.42. DLTR, trading at $83.26, is in a four weeks tight pattern with a potential buy point of $84.09. DG, trading at $41.22, is just past a $40.81 buy point off a flat base.

/as usual, your mileage may vary, always do your own homework

That Didn’t Take Long

U.S. troops have been out of Iraq for what, less than a day now?

Iraq issues arrest warrant for vice president Hashemi

Iraq has issued an arrest warrant for Sunni Vice President Tareq al-Hashemi, a senior security official said on Monday, after the government obtained confessions linking him to what the official described as terrorist activities.

Interior Ministry spokesman, Major General Adel Daham, told a news conference that confessions by suspects identified as Hashemi’s bodyguards linked the vice president to suspected killings and attacks.

See also:
Iraq issues arrest warrant for Tareq al-Hashemi
Iraq issues arrest warrant for Vice-President Tareq al-Hashemi
Iraq in political turmoil hours after last US troops depart
Iraq: left to the wolves
Arrest warrant for Vice President Hashemi sparks political turmoil in Iraq
VP arrest warrant plunges Iraq into crisis
Iraq faces political crisis as the arrest warrant to Sunni VP al-Hashemi
Sunni, Shi’ite conflict grows in Iraq
Iraq Vice-President Tariq al-Hashemi denies charge
Evading arrest, Iraqi VP denies hit squad claim
Iraq Vice-President denies he ran hit squad
Iraq’s Sunni vice President Tareq al-Hashemi warns sectarian divisions reopened
Iraq vice-president declares unity efforts ‘gone’
Iraq slaps travel ban on Sunni vice-president
Iraqi Sunni leaders denounce PM Maliki
U.S. “obviously concerned” about Iraqi Hashemi probe
Fugitive Iraq Sunni V.P. Tariq al-Hashimi Criticizes U.S.

It’s painfully clear what’s going on here. With the U.S. military now out of the way, the Shia led Iraqi government, backed by Iran, is wasting no time flexing its muscle and settling old scores against the Iraqi Sunni minority. Can you say looming civil war?

/and now we’ve pretty much given up our ability to effectively intervene militarily in Iraq, leaving Iran as the only regional military power capable of “riding to the rescue” of the Iraqi government, who just happen to be Iranian puppets anyway

Weekly Watch List

ULTA (11/13/11, -7.38%)
ALXN (7/24/11, +12.53%)
MA (9/24/11, +7.46%)
GOLD (12/11/11, -6.18%)
DLTR (9/4/11, +16.30%)
HANS (10/16/11, +1.61%)
DG (9/4/11, +13.75%)
TSCO (12/04/11, -1.57%)
NUS (8/28/11, +22.25%)
RGLD (10/30/11, -3.61%)
TJX (11/27/11, +5.77%)
VRSK (12/18/11, +0.00%)
AAP (12/11/11, -3.24%)
CXO (12/04/11, -9.15%)
RL (11/27/11, +0.24%)

Additions:
VRSK (12/18/11, +0.00%)

Subtractions:
DECK (11/27/11, +6.60%)

Last week, all the major U.S. indexes moved lower. The Dow lost 2.6%, the S&P 500 gave up 2.8%, the Nasdaq moved down 3.5%, and the NYSE composite dropped 3.6%. The IBD outlook remains at “market in correction”. It looks like Europe has mugged Santa and stolen his rally. Raise cash and continue to play defense.

With the market in correction, none of the watch list stocks can be considered as buy candidates.

/as usual, your mileage may vary, always do your own homework

Tuesday Fun With Microsoft

The new patches are here, the new patches are here!

Microsoft Patches 17 Bugs in December Patch Tuesday

Microsoft fixed 17 bugs in the Windows operating system, Microsoft Office, Windows Media Player and Internet Explorer. The fixes also cover a zero-day flaw exploited by the Duqu Trojan.

Microsoft released 13 security bulletins to fix 17 different vulnerabilities as part of its December Patch Tuesday update, according to the advisory released Dec. 8. Three bulletins were marked critical and the remaining 10 were rated important.

See also:
Microsoft Security Bulletin Summary for December 2011
Merry Christmas! Microsoft Plans Massive Patch Tuesday to Close 2011
Last Patch Tuesday of 2011 Secures Windows XP, Vista, Windows 7
December 2011 Patch Tuesday sees 13 Microsoft bulletins, Duqu patch
Microsoft fixes 20 bugs in year’s last ‘Patch Tuesday’
Microsoft to patch three critical holes
Microsoft slims final patch Tuesday of 2011 to 13 patches from proposed 14
No BEAST fix from Microsoft in December patch batch
Microsoft fixes Duqu hole, but not BEAST problem
Microsoft scratches BEAST patch at last minute, but fixes Duqu bug
December Patch Tuesday Fixes Duqu Worm
‘Duqu’ zero-day Windows flaw patched this week
Microsoft: Duqu patched, bringing years total to 99 corrections

Well, it’s a good thing that Microsoft finally patched against the Duqu virus, better late than never, as they say. What are you waiting for? Start installing your gifts!

/at least you can’t say Microsoft didn’t get you anything for the Holidays

Weekly Watch List

ULTA (11/13/11, +2.36%)
MA (9/24/11, +11.98%)
ALXN (7/24/11, +10.31%)
GOLD (12/11/11, +0.00%)
DLTR (9/4/11, +15.92%)
RGLD (10/30/11, +8.49%)
TSCO (12/04/11, +1.74%)
HANS (10/16/11, +2.94%)
CXO (12/04/11, -2.25%)
DG (9/4/11, +12.15%)
NUS (8/28/11, +27.16%)
TJX (11/27/11, +7.66%)
RL (11/27/11, +6.04%)
DECK (11/27/11, +6.60%)
AAP (12/11/11, +0.00%)

Additions:
AAP (12/11/11, +0.00%)
GOLD (12/11/11, +0.00%)

Subtractions:
LULU (11/27/11, +3.33%)
SPRD (11/27/11, -5.10%)
VRSK (11/27/11, +4.74%)

Last week, the major U.S. indexes were volatile, but finished slightly higher. The Dow gained 1.4%, the S&P 500 moved up 0.9%, the Nasdaq gained 0.8%, and the NYSE composite tacked on 0.7%. The IBD outlook remains at “market in correction”. They put a patch on Europe, but they didn’t fix it. The markets could easily go either way in a hurry here. Keep your powder dry, protect any gains and cut losses short. Don’t make any new purchases unless Santa shows up with a confirmed rally, an approximate 2% session gain on one or more of the major indexes, on volume greater than the day before.

With the market in correction, none of the watch list stocks can be considered as buy candidates.

/as usual, your mileage may vary, always do your own homework

Romulans Uncloaked?

Whatever it is, it’s rather large and doesn’t appear until hit by the solar flare.

An alien spacecraft parked next to Mercury?

A giant object the size of a planet that appeared lurking near Mercury in a NASA footage has caught the attention of alien-hunters who say it could be a “cloaked” spaceship parked near the planet.

The object appears from nowhere in a sequence of images of a coronal ejection from the Sun taken by NASA’s STEREO spacecraft.

In the footage, one sees a huge spurt of plasma and other solar ejecta washing over Mercury; peculiarly, the material seems to flare up as it hits another nearby object, too.

“It’s cylindrical on either side and has a shape in the middle. It definitely looks like a ship to me, and very obviously, it’s cloaked,” YouTube-user siniXster said in his commentary on the footage which has gone viral and been viewed by more than 100,000 users on the video-sharing site.

See also:
Cloaked UFO Spotted Near Mercury? Solar Flare Stirs Debate [VIDEO]
Is this an alien spacecraft parked next to Mercury? Giant object the size of a planet has astronomers baffled
What’s that mysterious object spotted near Mercury?
Large, Mysterious Planet-Sized Object Spotted Near Mercury
Massive alien death star spotted parked by Mercury. Possibly
‘Spacecraft’ spotted near Mercury
Video: UFO Sighting Near Mercury or Natural Phenomenon?
Giant, cloaked UFO near Mercury, or just an after-image?
Mysterious “UFO” Footage Near Mercury Debunked
Cloaked UFO Spotted Near Mercury Is Actually Mercury [Video]
STEREO Spacecraft
STEREO

Oh sure, the “experts” will tell you that it’s a video artifact, a ghost image of Mercury’s position from the previous day. But who are you going to believe, the “experts” or your own lying eyes? If the “experts” knew it was a gigantic, cloaked Romulan spaceship, do you think they’d tell you and cause mass societal panic? I don’t think so.

/remember, The Truth Is Out There, Trust No One

Operation AI

It was seventy years ago today . . .

Nation pauses to remember Pearl Harbor

Survivors of the surprise Japanese attack on Pearl Harbor gathered Wednesday to remember the 2,400 people who lost their lives exactly 70 years ago.

“Just as every day and unlike any other day, we stop and stand fast in memory of our heroes of Pearl Harbor and the Second World War,” Rear Adm. Frank Ponds, commander for Navy region Hawaii, told the gathering.

U.S. Secretary of the Navy Ray Mabus took note of the devastating legacy of the two-hour attack on Pearl Harbor 70 years ago.

“The history of December 7, 1941, is indelibly imprinted on the memory of every American who was alive that day. But it bears repeating on every anniversary, so that every subsequent generation will know what happened here today and never forget,” Mabus said.

See also:
Nation marks 70th anniversary of Pearl Harbor
Pearl Harbor Day: Survivors remember attack, pay respects on 70th anniversary
Nation marks 70th anniversary of Pearl Harbor
Survivors, veterans mark somber Pearl Harbor remembrance
Pearl Harbor survivor remembers day of infamy
Senator Inouye Recalls Pearl Harbor Attack’s ‘Black Puffs of Explosion’
Pearl Harbor survivors group says it will disband
Veteran Of Pearl Harbor Dies On Anniversary Of Attack
Pearl Harbor survivors return to ships after death
Pearl Harbor survivors who lived until their 90s have their ashes interred in their ships
Overview of The Pearl Harbor Attack, 7 December 1941
Attack at Pearl Harbor, 1941
Attack on Pearl Harbor

Never forget.

/and more importantly, never let it happen again

See You In The Hague

How ridiculous is this?

Six hundred million gamers could be war criminals, Red Cross says

THE Red Cross is investigating whether 600 million gamers are violating the Hague and Geneva conventions when they kill and blow stuff up for fun.

Delegates at the 31st International Conference of the Red Cross (ICRC) and Red Crescent raised the concerns over the potential “International Humanitarian Law” violations – which can constitute war crimes – during a workshop in Geneva.

“Exactly how video games influence individuals is a hotly debated topic, but for the first time, Movement partners discussed our role and responsibility to take action against violations of IHL in video games,” the Red Cross wrote in its daily bulletin.

See also:
Could Playing Videogames Be a War Crime?
Red Cross: 600m videogamers may be war criminals
War Crimes in Video Games Draw Red Cross Scrutiny
Are You a Video Game War Criminal?
Red Cross Investigating Virtual War Crimes
Red Cross Would Like Rules of War Applied to Video Games [Updated]
Red Cross: Violent video games violate international law
The Red Cross and Six Hundred Million Hague Convention Violations
Should the Geneva Conventions Be Applied to Video Games?
Should video games respect international war crimes law?
Red Cross vows not to prosecute video gamers for war crimes
Gamers are safe from war crimes prosecution
Red Cross: Gamers safe from war crimes prosecution

Whew, well, it’s good to know that the ICRC isn’t going to prosecute video gamers, so we dodged a bullet there. However, it’s incredibly troubling and well beyond insane that they’re even thinking about it. If you’re thinking about donating to the Red Cross this holiday season remember, there’s a huge difference between the American Red Cross and the International Red Cross.

/the former does good and important relief work, while the latter is just plain bat[expletive deleted] crazy

Sentinel Down

And yet again, after leaving behind a cutting edge stealth helicopter during the bin Laden raid, the U.S. conducts another, involuntary, state-of-the-art military technology transfer to the enemy.

Iran’s capture of US drone shines light on spy mission, but may reveal little

The Iranian capture of a high-tech, stealth U.S. drone shines a light on the American spying mission there, but probably doesn’t tell Tehran much that it didn’t already know, a senior U.S. official said.

The RQ-170 Sentinel was providing surveillance over Iran and didn’t just accidentally wander away from the Afghanistan border region, as first suggested. The official said Wednesday that the Iranians will no doubt be able to tell where the aircraft flew. A bigger U.S. concern, the official said, was that the Iranians are likely to share or sell whatever they have recovered of the aircraft to the Chinese, Russians or others. The official spoke on condition of anonymity because of the sensitive nature of the mission.

Experts and officials acknowledge that there is no self-destruct mechanism on the Sentinels — which are used both by the military and the CIA for classified surveillance and intelligence gathering missions.

. . .

U.S. officials said that while they have enough information to confirm that Iran does have the wreckage, they said they are not sure what the Iranians will be able to glean technologically from what they found. It is unlikely that Iran would be able to recover any surveillance data from the aircraft.

See also:
US admits downed drone spied on Iran
Iran says US spy drone was flying deep inside its airspace when it was downed
Malfunction likely put U.S. drone in Iranian hands
Iran Probably Did Capture a Secret U.S. Drone
U.S. Military Sources: Iran Has Missing U.S. Drone
Drone that crashed in Iran may give away U.S. secrets
China, Russia want to inspect downed U.S. drone
Sentinel unmanned drone lost in Iran among US most valuable warfare assets
Drone belonged to CIA, officials say
Downed drone was on CIA mission
Officials: Drone downed in Iran on CIA mission
Drone Lost in Iran Was Joint CIA-Military Reconnaissance Plane
Iran’s downing of U.S. drone rattles Washington
US ‘concerned’ over drone lost near Iran border
Experts: Iran capture of stealth drone no worry
US considered missions to destroy RQ-170 Sentinel drone lost in Iran
Spy drone may provide little help to Iran
U.S. debated sending commandos into Iran to recover drone
U.S. Made Covert Plan to Retrieve Iran Drone
Iran: The Stealth War Continues
Drone Drama Proves Iran Is Ready to Rumble
Stealth drone highlights tougher U.S. strategy on Iran
U.S. drones have been spying on Iran for years

The good news is that we seem to be paying close attention to what Iran is up to, have been for years, and can penetrate Iranian airspace with near impunity. These past and, hopefully, ongoing intelligence gathering and surveillance activities should help provide a detailed blueprint for when push comes to shove and Iran has to be dealt with militarily, which is sure to eventually become a necessity.

/that said, it’s a total unforced strategic error to just let Iran have this advanced technology drone, to share with or sell to other potential enemies of the United States, would it have killed us, if we didn’t want to risk lives to recover the Sentinel, to at least launch an airstrike package to obliterate the wreckage?

Weekly Watch List

ULTA (11/13/11, +2.54%)
ALXN (7/24/11, +11.09%)
MA (9/24/11, +12.09%)
LULU (11/27/11, +7.22%)
DLTR (9/4/11, +15.11%)
RGLD (10/30/11, +9.64%)
TSCO (12/04/11, +0.00%)
HANS (10/16/11, -0.57%)
CXO (12/04/11, +0.00%)
NUS (8/28/11, +22.32%)
VRSK (11/27/11, +5.70%)
DECK (11/27/11, +9.86%)
TJX (11/27/11, +6.05%)
DG (9/4/11, +10.93%)
RL (11/27/11, +4.42%)
SPRD (11/27/11, +6.05%)

Additions:
CXO (12/04/11, +0.00%)
SPRD (11/27/11, +6.05%)
TSCO (12/04/11, +0.00%)

Subtractions:
AAP (11/27/11, +2.94%)

Last week all the major U.S. indexes moved sharply higher. The NYSE vaulted 8.1%, the Nasdaq jumped 7.6%, the S&P 500 gained 7.4%, and the Dow moved up 7.0%. Monday marked the first day of a rally attempt and Wednesday would have been a confirming follow through day, but it came too early. A proper follow through day can’t occur until at least the fourth day of a rally attempt. Therefore, the IBD outlook still remains at “market in correction”. Keep your watch list updated while we wait for a follow through day to confirm a new market uptrend.

With the market in correction, none of the watch list stocks can be considered as buy candidates.

/as usual, your mileage may vary, always do your own homework

Follow

Get every new post delivered to your Inbox.

Join 26 other followers