Savvy Stock Picks

Health Net, Inc. (NYSE:HNT) percentage change surged 1.09%, to close at $28.77 and its overall traded volume was 1.26M shares on Friday 14th January, 2010, the stock had average daily volume of 795,897.00 shares. HNT shares were trading within the range of $27.63-$28.83 while its opening price was $27.63. The stock has a 52 week range of $12.90 – $29.75. The market capitalization of the company stands at $2.75B and it has 95.55M outstanding shares. We have observed unusual volume in this stock the whole week, which makes us believe that their is upside in this stock. On Tuesday – The Financial Stability Oversight Council, established by the Dodd-Frank financial regulation bill and led by the Treasury, is expected to review studies on the so-called Volcker rule and designation of nonbank financial firms at its meeting. On Wednesday – President Barack Obama will welcome Chinese President Hu Jintao for a state visit. Friday at 10 a.m.- Existing home sales data.

Direxion Daily Emr Mkts Bull 3x Shs(ETF) (NYSE:EDC) moved up 0.58%, to close at $41.65 and its overall traded volume was 1.26M shares on Friday 14th January, 2010, with the total traded volume of 1.44M shares. EDC opened the day at $40.89, it made an intraday low of $40.89 and an intraday high of $41.70. The 52-week range of the stock is $18.03 – $43.67. EDC’s market capitalization is $397.63M and it has 9.55M outstanding shares. We believe this stock will trade heavily next week. On Friday top contributors to the Dow’s movement and their point contribution were MCD (10.52), AXP (9.01), IBM (8.93), XOM (8.55), CVX (4.92). On Tuesday at 10 a.m. – NAHB Housing Market Index numbers. Citigroup earnings before the open, Apple after the close. On Wednesday – Bank of New York Mellon Corp., U.S. Bancorp and Wells Fargo & Co. report. On Thursday 8:30 a.m. – weekly jobless claims data due.

Franklin Resources, Inc. (NYSE:BEN) percentage change surged 1.64%, to close at $121.21 and its overall traded volume was 1.26M shares on Friday 14th January, 2010, the stock had average daily volume of 1.32M shares. BEN opened at $118.99 and is trading within the range of $118.57-$121.36. The stock has a 52 week range of $84.00 – $125.00. BEN’s market capitalization is $27.15B and it has 223.99M outstanding shares. We have observed unusual volume in this stock the whole week, which makes us believe that their is upside in this stock. On Tuesday – The Financial Stability Oversight Council, established by the Dodd-Frank financial regulation bill and led by the Treasury, is expected to review studies on the so-called Volcker rule and designation of nonbank financial firms at its meeting. On Wednesday – President Barack Obama will welcome Chinese President Hu Jintao for a state visit. Friday at 10 a.m.- Existing home sales data.

ProShares Short S&P500 (ETF) (NYSE:SH) percentage change fell -0.68%, to close at $42.64 and its overall traded volume was 1.25M shares on Friday 14th January, 2010, with the total traded volume of 1.59M shares. SH shares were trading within the range of $42.63-$43.03 while its opening price was $43.00. The 52-week range of the stock is $42.63 – $56.04. The market capitalization of the company stands at $1.47B and it has 34.44M outstanding shares. We have observed unusual volume in this stock the whole week, which makes us believe that their is upside in this stock.On Tuesday at 8:30 AM – Empire State manufacturing survey data comes in. One of the earliest glimpses of January data that the market gets. 9 a.m. – Monthly TIC data from Treasury come in for November. TIC, or Treasury International Capital, data tracks the flow of money across U.S. borders, it includes data on foreign demand for government debt. On Wednesday 8:30 a.m. – December residential construction starts and permits data due.Thursday – Capital One Financial Corp. and PNC Financial Services Group report.

Western Refining, Inc. (NYSE:WNR) percentage change surged 1.52%, to close at $11.37 and its overall traded volume was 1.25M shares on Friday 14th January, 2010, against its average volume of 2.03M. WNR shares were trading within the range of $11.08-$11.40 while its opening price was $11.32. The 52-week range of the stock is $4.01 – $11.52. WNR’s market capitalization is $1.00B and it has 88.30M outstanding shares. This has been longest weekly advancing streak since the seven weeks ended April 23, 2010. This is one stock that you should definitely keep an eye on. On Tuesday at 10 a.m. – NAHB Housing Market Index numbers. Citigroup earnings before the open, Apple after the close. On Wednesday – Bank of New York Mellon Corp., U.S. Bancorp and Wells Fargo & Co. report. On Thursday 8:30 a.m. – weekly jobless claims data due.