Home

Free Membership



"Stocks To Watch"

"Stocks To Watch" are some of our favorite choices for the current market
with most having established trading ranges. We try to work with-in
the trading range and feel this group of stocks are active
stocks and are worth taking a closer look
.



Sunday, September 18, 2022


The prices below are the closing prices on the last trading day
of each week and are compared to the closing price the week before.
Closing prices on Friday, Sept. 16

52 Week Index Highs

The markets, looking at the table above, show 0 indices reaching a new high since 4.21.22 (DJU), with the last new high on the Nasdaq on 11.22.21. Also, the Russell 2000 (RUT & SPREAD, both broad markets that lean to the big OTC stocks reached a new all-time on 11/8/21, but not since.

Adding
insult to injury, all the indices are at a loss for the year, but with 4 of them closing in bear market territory, vs 3 last week , although 6 indices are currently in correction territory for the year. One of the bears is the Dow Transports, while the other 3 are the NASDAQ, the the Russell 2000, with both leaning toward the big OTC stocks and the S&P 100. Since I believe that markets can,t go any where with out OTC leaning induces, if I am correct we have room to move lower.

Another problem I have is the idea of raising interest rates at the same time inflation is screaming, is just something that should not be done, but it's being done.

Inflation is running away, reaching levels not seen in 40 years, with high gas prices and higher prices on everything, and appears to be just starting, although there has been some recent easing. The markets are showing some strength lately but I believe the current market strength will not continue as the problems economically and otherwise in the US continue to mount.

This is the main reason to visit this page weekly.
I introduce new picks on this page first
.

Speaking of new/old picks if you bought
Know Labs, Inc. (OTCQB:KNW) several weeks ago (recommendation below) you would have moved up almost 500%. From $2.03 a share to over $7.50 before backing off.
Learn more about Know Labs, Inc. below

If we want to get in the market today we want to look at the trusted and true stocks such as Apple Computer (4 for 1 split), Walmart, Intel Corp. (low PE-low stock price), AMD (big mover) and others that "hopefully" have fallen back enough to put them in a buy area.

Also, in my opinion, this is an excellent time to lighten up on some of the big ones while searching for a low-priced stock with lots of news, along with the products and the appearance of a strong future. Finding a nice low-priced stock is not that easy but they're out there and big money can be made on them. A good example would be on our below list, KNWN. This is a company that appears to have a great future.

The price of gold had been bouncing recently which can be blamed on Biden's World War III, but still having trouble holding new ground. Gold closed at $1683.50, up +5.00, to the ounce, this past week. Gold hasn't traded over $2000 since August 2020 (2 years ago), but managed to close off -$147.00 since the beginning of the year. If you want to buy metals look to silver as the better bet (after a pullback.)

Since I am a technician first, the fundamentals will always take a backseat while the trend will stay in the front. Due to the recent  rally in the markets we are finding many stocks are simply too high to buy. We can no longer count on the recent trend of any industry, meaning research and homework will be needed to find the winners within each industry.

The DOW 30 stocks had 1 new high 4 weeks ago (UNH) but none since.

In  2010, when the discount to the 52-week high for all 30 stocks was at -4.19% but the markets sold off heavy, simply because too many stocks were too high to buy reaching the all-time low on this index is -52.76.%.This is telling us that the markets could still have quite a drop ahead of us if the DOW 30 even attempts to get near the all-time low.

I'm betting that the OTC stocks will outperform the blue chips on the upside and once the bear hibernates the big OTC stocks will rule. I believe we are starting to see signs of trouble when looking at how long the chart below has been falling. The question now is how low will it go? If I am correct we will need changing of the guards come November if we get it I believe the markets will scream.

Dow 30 discount
See more information on the DOW 30 stocks by clicking here

Looking
at the chart above we can see a downtrend (started early in 2021) continuing with the slight rally turning down again over the last month with a slight up tick recently. The discount to the 52-week high was more than -22%. After climbing the discount moved to near -4% before starting a down hill trend hitting a new 52 week low of -26.30% on 6.20.22,  but managed to give us a decent rally hitting
-19.25% before turning down again closing at -26.03% this past week. 

The DOW 30 reached a record new high  (1/4/22) at 36,799.65. The Dow 30 finished 2021 at 36,595.82 The chart above shows how the DOW30 has been falling since late 2021. It also shows several near-term rallies on the way down making the 19% level a possible turning down point.

Another stock I like his Walmart (WMT) $133.19 last week, off from
$138.84 the week before, because it has become more aggressive and it seems to be attacking Amazon. No matter how big Amazon is, Walmart is in a position to not only catch Amazon, but if they're smart they can overtake it. This is because each and every store is a warehouse making it possible to deliver things to you in just a few hours from the time you order, either online or on the phone.

Wishing you the best for the rest of the year!   JR

NICE MOVE !!!
Recommended Low BUY was $1.75
Over 5500%
recent buy was under $72

Advanced Micro Devices (AMD) (52 week range 71.60 - 164.46), now act 76.51, off from $85.45 last week. Nice sell off. A bit lower could mean a strong buying opportunity. If we see $72 again buy it.

AMD expanded its desktop processor lineup with new processors that deliver superior performance, features, and near-silent operations. A couple of new processors (A10-7890K and Athlon X4 880K) offer increasingly powerful processor options available for anyone seeking outstanding game play and power efficiency for their desktop PC.

AMD's data center GPU sales increased significantly over the last year, driven by a double-digit-percentage increase in the shipment of Radeon Vega graphics cards, which were in high demand.

AMD could end up cornering 10% of the server CPU market thanks to its 7-nanometer Rome processor. AMD claims that Rome will deliver substantial performance improvements over EPYC, so don't be surprised if the company manages to eat further into Intel's server dominance.

Revenues came in at 21.58B with revenue growing by 70.10% billion, while gross profits came in at 7.93B (6 mo.mostly because of “a larger mix of Ryzen and EPYC processor sales.”

The price of Advanced Micro Devices Inc. just didn't want to stop climbing but finally gave in several weeks ago, due strictly to the market falling on virus fears, but following lower than we could imagine but recently the price of the stock started climbing, before turning down again. This has been one of my top choices with a return of several thousand percent from my $1.75 buy and all I can say is if the market keeps falling, so will AMD.

This stock tends to follow the market and anything close to, or under $100 per share, could be a great bet. Because of the big drop AMD could be a very good buy at current levels. It's hard to tell where the stock might bottom but my best guess is it may have already done so. Total cash is setting at 3.71B.

Buy here then set back and wait.



"Up from under $1 to over $6 in 4 months"
and back down under a $1 again
New 52-week low!

cbdMD, INC (YCBD) (52 week range 0.2420 - 2.14), now at $0.2550 off from $0.2894 last week.

cbdMD produces and distributes various cannibidiol (CBD) products. It owns and operates the consumer hemp-based CBD brand, cbdMD. The company's product categories include CBD tinctures, capsules, gummies, bath bombs, topical creams, and animal treats and oils. It also offers pet related CBD products under the Paw CBD brand name.

I first gave you this stock on 01.12.20 at $1.05 and followed through with a BUY at $0.58 on March 20/21 and the stock had been climbing and holding, or adding new ground, during the virus attack on the markets. The company recently announced that Net Quarterly Sales Jumped 67% Year-Over-Year To $9.4 million. E-commerce Sales Increased to 72% of Total Net Sales. Confirms Its On Track To Reach Positive Cash Flow This Year. The problem is that earnings were in the minus column and after receiving 18 million from the new offering this should not happen.


The stock price recently set a new 52-week low at $0.36 on high-volume. High-volume at the bottom is not a good sign
because as it runs up it will be hit with sellers coming out of the walls. This stock could easily be a trading stock, but at this point in time not one to hold very long. In my opinion the best bet is to by it for the short term.

Recent news tells us that the Pres. and CO-CEO just stepped down. Judging by the way the stock has been falling this has to be nothing short of great news. Now if the CEO would step down we may get all the people out of the way that are keeping the stock from climbing.

Best entry when under $.25
 

"Consider buying under $45"
"A Dow Jones Industrial Average Stock"
Cisco Systems recently reached a new 52-week low

 
Cisco Systems ( CSCO ) (52 week range 40.82 - 64.29), now at $43.30, off from $45.77 last week. This Dow Jones Industrial Average stock (replaced GM).

The networking giant reported earnings and revenue better than Wall Street’s revised expectations for the quarter. Cisco’s revenue of $190.57 billion, but slightly better than consensus estimates with profits of 2.85 cents per share.

The stock has just reached a new 52-week low and possibly a great entry-level. The trailing PE is 15.35.

The  current price could be considered a buying opportunity, even in a decent market correction.
However I do like the longer-term growth. Entry would be best while under $42, with the $62 target.
 
Best entry under $42.
 

*****
A "Featured" "Spotlight Stock"

Moves up in down markets

Comtech Telecommunications ( CMTL ) (52 week range 8.42 - 27.70), now at $11.92, off from 12.19, last week. Our original buy under $4, in 2003, carried all the way to over $50 and split twice along the way. CMTL has become a stock to own for the long term again after trading near $9 in Oct. 2016 and almost under $9 six years later.

Comtech shares have climbed from $10.09, a 200 percent move since the beginning of the year and a new 52 week high, before backing off to under $12 before turning back up and climbing again over 100%, before backing off again. 

Comtech, which makes equipment used in satellite and other mobile communications systems, has a strong cash  position and has been receiving new contracts repeatedly. The stock was up over 200% in the last 52 weeks, but it seems to be giving it all back.

A "best guess", we could still see a move back to under $10.


Entry best under $10 !



A "Giant Winner" "Spotlight Stock"
(But not anymore)
(the stock moves like a snail, but safe at current prices)
 
Fonar Corp. ( FONR ) (52 week range 13.56 -19.32), now at $14.25, off from $14.76 last week. I first started following Fonar in 1982 and have followed it every day since. The stock is very liquid, as it usually trades strong volume daily. Great products would be the reason to own this stock, but recently business has slowed and so as the stock. Waiting might be the better that, at least till this falling market finds a bottom.

With so many years behind it, the best MRI scanner on the planet, far less shares because of a reverse split a couple of years ago is the real reason for this stock to be one of the best performers this decade, and it did it all in a few years.

It was a great ride and still might be if in near the low end of the range. The stock seems to reach the point where it has considerable trouble climbing and has been a poor performer so far this year. The trailing PE is 9.31.

As far as the trading range goe
s, the stock had a high of $33.15 in in October/17. Currently trading at $14.00. Entry in this area could bring an easy 8 dollar profit, but the down market makes it harder to predict how far stocks might fall.

If wanting in buy when near $15.


"BUY HERE"

Intel Corporation
(
INTC ) (52 week range 28.42 - 56.28 ), now at $29.24 off from $31.46 last week. Intel is a great company to own for the longer term but too high to buy. The stock fell off a cliff after reaching the 52 week high in December, but bottomed out in February at just under $28 before setting several new highs. Unfortunately the stock has been falling since and lower then anyone could guess the bottom.

Intel announced earnings that beat estimates and it sent the stock soaring a few months back, but recent news about QUALCOMM and Apple concerning the 5G network hurt Intel. Combine this with the Chinese virus we could see something under $30.

Intel (NASDAQ: INTC), had to cut its full-year top-line expectations because of weak demand for its data center chips. Chipzilla's data center sales were down 6% year over year to $4.9 billion in the most recent quarter, while the market was anticipating $5.1 billion in revenue from the segment.

The current PE is 6.27 leaving room to climb.

 
If wanting in, watch close with entry best here while under $30 !



"From $56 to $167 Just In Just A Few Weeks"


Qualcomm (QCOM) (52 week range 118.23 - 193.58), now at $124.95, off from $132.05 last week. A very active stock, a fast growing company and a great industry. The stock is active and stays strong even in down markets, but currently only $10 off the 52 week low.

Not that long ago the
Modem-Licensing Saga had ended as Apple and Qualcomm Settled. The biggest technology licensing lawsuit of all time came to a surprise ending when Apple and Qualcomm suddenly settled all legal actions across the globe after two years of disputes.

QCOM recently unveiled Snapdragon-backed third-generation 5G modem — X60. Upping its 5G chip dominance in the global market, the much-awaited launch is likely to boost network performance and provide flexibility to operators with optimized spectrum resources, in the face of universal migration from 4G to full-fledged 5G ecosystem.


QCOM
is setting on $12.91 billion in cash with a book value at $7.25 with cash per share at $11.44. A positive would be the trailing PE of only 11.08.


The stock falling quite far from the 52-week high of $193 but still seems to be on the slight downturn. Anytime we can get in near the 52 week low there is a strong chance we will own a money maker. Nice company to own on pullbacks.

Best entry would be under $125!

 


- Nice Long-Term Stock -
A Big Winner for the Spotlight
 Stock has been screaming !!!
UP STRONG FOR SEVERAL WEEKS

TetraTech (TTEK) ( 52 week range 118.55. - 192.91), now at $132.94 off from $139.94 last week. A very nice young company in a great industry (Technical Services). Tetra Tech is a leading provider of consulting, engineering, program management, construction, and technical services addressing the resource management and infrastructure markets.

TTEK has approximately 10,000 employees worldwide. The stock has moved from $71 on 6/17 to over $88 today, approximately 3 weeks. Credit goes to strong earnings.

TTEK recently announced that it has clinched a $85-million contract from the U.K. Department for International Development (“DFID”). Per the single-award deal, the company will support DFID’s Powering Economic Growth in Northern Nigeria (LINKS) program.

The trailing PE of 27.47.

Hold here with best entry anytime under $135!


New Offering
"BUY HERE"
Money can be made on quick moves if in at the right price
Now trading on the American exchange
   

Know Labs (KNWN) new symbol (KNW) (52 Week Range - 1.15 - 4.00 ), now at $2.10 off from $2.68. This stock always makes strong moves higher after falling anywhere near the $1.50 level.

Know Labs, Inc. (OTCQB:KNWN) Know Labs, Inc. focuses on the development and commercialization of proprietary technologies in the United States. Its technology uses spectroscopy to direct electromagnetic energy through a substance or material to capture a molecular signature.

Know Labs, Inc. designs scanning devices made with electronic, optical, and software parts to produce and capture the light. Know Labs is involved in all types of ID products, even the badge many workers wear to get into work.

The (about 2 years ago) 1 for 150 share reverse left only about 1.8 million shares trading as the stock fell from over $9 dollars to the under $1. The stock has moved up since and it keeps setting a new support levels a bit higher than the previous one.

KNWN announced a new offering at $2 on the way to registering on the American Exchange. I believe this is a giant mistake as the American is the least active exchange on the planet. Moving to the AMAX means giving up market makers and they have been given that name because making a market is what they do. Expect a drop in average volume.

Although, the extra 3 million may need to be spent on promoting the company, otherwise nobody will know they exist. Watch close! I believe the offering could compel the stock over $ 4 but it could also send it lower.

Entry OK when under $2.50 because of the $2 offering!


Shop for the bargains in the secondary stocks for potentially bigger profits. Many of the smaller stocks offer a greater opportunity for bigger profits. Looking there might be the place to be. Smaller stocks will move around on their own merits and not so much due to the changing economic situations.


JOIN OUR EXCLUSIVE LIST OF
SPOTLIGHT MEMBERS

Click here to join our list and receive stock information via E-mail
There is no charge to be a member of the Stocks in the Spotlight

Disclaimer

Home Page

Questions & Comments

| Quotes &News | Market Comment | Research Reports | Spotlight Futures |
|
The Trend | The DOW 30 | The SPREAD | The Current Market | 2022 vs 2021 |
|
Questions & Comments | Indices Gain/Loss | Favorite Links |
|
Home | Site Map | About the SITS | Disclaimer |

| Search Our Site |

| Join our Member List |

THE CENTER STAGE

|
Current Up-Date | Closer Look Stock | Special Situation |
|
Stocks To Watch | Market Talk | Spotlight Stock |

SERVICES

|
Advertising | Web Promotion | Web Page Design | Consulting |