Elizabeth Arden, Inc. is a global beauty products company with a range of prestige fragrance, skin care and cosmetics brands. RDEN is reaching it resistance point at $21 level. If it cant break it down we go.
Dick’s Sporting Goods, Inc. (Dick’s) is a full-line sporting goods retailer that offers an assortment of brand name sporting goods equipment, apparel, and footwear in a specialty store environment. As of February 2, 2008, the Company operated 340 Dick’s Sporting Goods stores in 36 states, 79 Golf Galaxy stores in 29 states and 15 Chick’s Sporting Goods stores in California. DKS had some huge spike ups, but its showing less buying interest now. $23 makes a good short entry.
Toll Brothers, Inc. is engaged in designing, building, marketing and arranging finance for single-family detached and attached homes in luxury residential communities. The Company is also involved, directly and through joint ventures, in projects where it is building, or converting existing rental apartment buildings into high-, mid- and low-rise luxury homes. Housing stocks have a long way to go before they bottom. $25-$25.5 level has been strong resistance for TOL and this time it wont be different. Looking to short this one soon.
Empire Resort, Inc. is a holding company for various subsidiaries engaged in the hospitality and gaming industries. Through the Company’s subsidiaries, it owns and operates Monticello Raceway, a harness horseracing facility located in Monticello, New York. At Monticello Raceway, the Company conducts pari-mutual wagering through the running of live harness horse races, the import simulcasting of harness and thoroughbred horse races from racetracks across the country and the export simulcasting of its races to offsite pari-mutual wagering facilities. In addition, it operates more than 1,500 video gaming machines in conjunction with the New York State Lottery at the grandstand of Monticello Gaming and Raceway. NYNY is a crappy stock trying to bounce back. The chart says it all. Once the stock starts reversing it will go down alot. Wait for the first down day to short this one. $4.50 is definitely good entry point to short.
Gibraltar Industries, Inc. engages in the manufacturing, processing and distribution of residential and commercial building products, and processed metal products for industrial applications. The Company operates two segments: building products and processed metal products. Its building products are used by homeowners and builders to provide structural and architectural enhancements for residential and commercial building projects. Extremely overbought and due for reversal. The reversal might not be huge one. Good for scalping.