Libbey (LBY) Still falling a few days after lowering guidance. Down to $11,67 from 52-week high of $24.65.

Apria Healthcare (AHG) Slipping with industry. Drops to $16.08 from 52-week high of $31.57.

Amerigon (ARGN) Concern about last week’s modest earnings. Sells off to $10.92 from 52-week high of $22.35.

Secure Computing (SCUR) Lose widened on lawsuit. Still selling off. Falls to $5.22 from 52-week high of $10.54.

Douglas A. McIntyre

Because of the press of time on Friday I was unable to elaborate on the recommendations that were presented by the Rocket Science methodology.

Let’s start with the following ETFs below.  I’ve added the YPE plus average daily volume metrics for each fund.  No surprises in the numbers.  However, Malaysia has a lot of share volume plus a couple of percent premium and Steel has a bit light volume.  Lets look at the charts next.  RSI hasn’t picked PWJ in the past.  I like the mid cap sector and I will be looking at this fund with interest as a conservative investment.

ETF/CEF Low Volatility:

• PWJ – Powershares Dynamic Mid Cap GR    0.04, 0.05, 0.65,   132,300 shares

ETF/CEF Medium Volatility:

• EWM – Malaysia iShares         3.07, 3.44, 0.54,   3,198,300 shares
• SLX – Market Vectors Steel   0.59, 0.17, 0.55,   99,600 shares

This last year Malaysia has not had the correction of the other two funds and appears to be pushing forward.  The other two are recovering from the recent January correction.  I like all three funds.

Stocks Medium Volatility:

• AOC – Aon Corp.
• ARGN – Amerigon, Inc.
• BEAV – BE Aerospace, Inc.
• DAR – Darling Intl, Inc.
• HP – Helmerich & Payne Inc.
• IDC – Interactive Data Corp.
• ORB – Orbital Sciences Corp.
• PRXL – PAREXEL Intl Corp.
• VMI – Valmont Industries, Inc.
• XTO – XTO Energy Inc.

Sorry for the rat nest chart but it does demonstrate that these are strong stocks on an upward trajectory that are recovering from the recent market selloff.  Let me highlight the new (not previously on RSI’s radar screen) candidates.

Aon Corporation provides insurance and risk management, consulting, and insurance underwriting solutions worldwide.

Interactive Data Corporation provides financial market data, analytics, and related services to financial institutions, active traders, and individual investors.

Orbital Sciences Corporation engages in the development and manufacture of small rockets and space systems for commercial, military, and civil government customers in the United States.

XTO Energy, Inc. and its subsidiaries engage in the acquisition, development, exploitation, and exploration of producing oil and gas properties in the United States.

Stocks High Volatility:

• APOL – Apollo Grp., Inc.
• ARTG – Art Technology Group, Inc.
• BOOM – Dynamic Materials Corp.
• CCC – Calgon Carbon Corp.
• CEDC – Central European Distribution Corp.
• DLB – Dolby Laboratories
• HRBN – Harbin Electric Inc
• LIFC – LifeCell Corp.
• SIGM – Sigma Designs, Inc.
• VCGH – VCG Holding Corp.
• WDC – Western Digital Corp.

Several of these stocks, such as Calgon & Apollo, have had banner years.  Some like Sigma have been hit hard in recent months.

Okay, same drill; here are the new picks.

Apollo Group, Inc.  provides various educational programs and services at high school, college, and graduate levels.

Dynamic Materials Corporation provides explosion-welded clad metal plates and welding services.

Dolby Laboratories, Inc. engages in the development and delivery of products and technologies for the entertainment industry worldwide.

Harbin Electric, Inc. develops, engineers, manufactures, and sells customized linear motors and other special motors.

LifeCell Corporation engages in the development and marketing of tissue-based products for use in reconstructive, orthopedic, and urogynecologic surgical procedures to repair soft tissue defects in the United States and internationally.

Sigma Designs, Inc. offers silicon-based digital media processors primarily for Internet protocol (IP) video technology, connected media players, high-definition televisions, and personal computers add-in and other markets.

If we stand back and look at the stocks and funds we see a variety of themes that may be saying, the market is back on track and there are a variety of interesting areas.  Go for it.

Catch a Falling Knife:

DEW Wisdom Tree Europe High Yielding Equity Fund
DOL Wisdom Tree International Large Cap Dividend Fund
DOO Wisdom Tree International Dividend Top 100 Fund
DTH Wisdom Tree DIEFA High Yielding Equity Fund
EFA EAFE Index iShares
EFV iShares MSCI Value
EWO Austria iShares
FEU streetTRACKS Dow Jones STOXX 50 Fund
IEV Europe 350 iShares
IGM Technology iShares S&P/GSTI Index Fund
IJH MidCap 400 iShares
IJR SP SmCap 600 iShares
IJT SmCap 600 Growth iShares
IOO S&P Glbl 100 iShares
IVE S&P 500 Value iShares
IVW S&P 500 Growth iShares
IWF Russell 1000 Growth iShares
IWM Russell 2000 iShares
IWS Russell Mid-Cap Value iShares
IWW Russell 3000 Value iShares
IXN iShares S&P Global Information Technology Sector
IYJ Industrial iShares
IYW Technology iShares (DJUS)
JKE iShares Morningstar Large Growth Index Fund
JKG iShares Morningstar Mid Core Index Fund
MDY S&P Midcap SPDRs
PIV PowerShares ValueLine Timeliness Select Portfolio
PRFZ PowerShares FTSI RAFI US 1500 Small-Mid Portfolio
PWB Powershares Dynamic Large Cap
QLD Ultra QQQ ProShares Fund
QQQQ PowerShares QQQ Trust
RSP Rydex S&P Equal Weight ETF
SWH Software Holders
VGK Vanguard European VIPERs
VGT Vanguard Information Technology VIPERs
VO Vanguard Mid Cap VIPERs
VXF Vanguard Extended Market VIPERs
XLK Technology Select Sector SPDR
XRO Claymore/ZAcks Sector Rotation

This is a ton of funds.  This is a fertile field for bottom pickers.  I looked at the strongest funds at Friday’s close.  Many of them were included in RSI’s CFK list from posts.  So this is an opportunity if you believe the market is coming back.

After starting down big this morning traders digested the news and then drove the market up.  Unlike yesterday RSI has several candidates for this market:

ETF/CEF Low Volatility:

• GLO – Clough Global Opportunities Fund

From now on I will refer to a fund’s YPE for its yield, premium/discount and expense ratio.  GLO is a CEF that has a YPE of 9.26%, -8.14% and 2.43%.  The first two numbers are great but I don’t like expenses exceeding 1.5 to 2% for foreign/global.  I have to think about this one.

ETF/CEF Medium Volatility:

• BCF – BlackRock Real Asset Equity Trust
• LDF – Latin Amern Discovery Fund
• MGU – Macquarie Global Infrastructure Total Return Fund
• SLX – Market Vectors Steel

And now for the numbers of YPE for each,

BCF 6.87%, -12.95%, 1.08%

LDF 3.54%, -3.21%, 1.28%

MGU 5.78%, -3.55%, 3.16%

SLX 0.64%, 0.13%, 0.55%

The first three are CEFs and you can tell they trade at higher discounts and much higher expense ratios than their ETF brethren.   All of the ETF/CEF mentioned have had a volatile past year and RSI expects a good future ahead.

Stocks Low Volatility:

• AXS – Axis Capital Holdings Ltd.

Stocks Medium Volatility:

• AIQ – Alliance Imaging, Inc.
• ARGN – Amerigon, Inc.
• BRP – Brasil Telecom Participac
• ELN – Elan Corp. PLC
• HP – Helmerich & Payne Inc.
• LXU – LSB Industries
• OI/PA – Owens Illinois Inc.
• SRCL – Stericycle, Inc.
• SWN – Southwestern Energy Co.
• SYT – Syngenta AG

Stocks High Volatility:

• ARTG – Art Technology Group, Inc.
• GMCR – Green Mountain Coffee, Inc.
• MA – Mastercard
• VCGH – VCG Holding Corp.

Because of the press of time I cannot comment on all these stock picks.  Please do your own research and due diligence.  Likewise no CFKs for today, no time.  I’m still on vacation, but we are on our way home tomorrow.  We have been away from home since the 10th of January and I for one am looking forward to the return.  It will be nice not living out of a suitcase.