RACK - This stock has made a very strong vertical move. Technical Analysis indicates that the stock is overbought and one should probably wait for it to come down some before an entry. However, we are already profitable in this one and will be looking to exit tomorrow if it opens to the downside. At that point we will observe the stock for reentry.

                            Chart courtesty of www.stockcharts.com

EMA - This stock seems to be making a possible move to the upside. Technical analysis shows that average volume is increasing slightly. Also, the stock has broken out above its 50 day moving average. We will continue to watch this stock.

                         Chart courtesty of www.stockcharts.com

More to come,

SMG Staff

The Standard portfolio page has been created. The portfolio is starting out with 2 recent additions.

The first addition was EMA. eMagin has recently displayed its x800 gaming visor at the CES( Consumer Electronics Show) in Las Vegas. EMA has also released news of the production of an iPod accessory called the eyeBud. This device has one small screen that is placed in front of one eye. It gives the illusion of watching your iPod videos on a large screen tv. Technical Analysis indicates that this stock may be on the verge of a breakout as it has recently cleared its 50 day moving average.

The second addition to the Standard Portfolio was RACK. Rackable Systems sells computer servers and storage systems for large-scale data center deployments in the US, Europe, and Asia. They hold substantial intellectual capital in the form of patented computer hardware systems. Technical analysis of the RACK chart shows us a stock that can be considered to be heavily overbought. However, average daily volume for this stock has been climbing steadily for a couple of months now. This can be seen as the establishment of a strong upward trend in this stock. The Standard Portfolio Tracker can be found here or on the right sidebar under departments.

More to come,

SMG Staff

The Standard Portfolio has added RACK at a purchase price of 28.60 today. The Standard Portfolio will be tracked on a seperate page that is yet to come so stay tuned.

SMG Staff

The Standard Portfolio has added EMA at a purchase price of .65 today. The Standard Portfolio will be tracked on a seperate page that is yet to come so stay tuned.

SMG Staff