Hot Market

The overall market looks poised for a modest gain tomorrow due to the 1st quarter optimism that Alcoa provided today. There are quite a few hot sectors out there right now including Solar and Biotech stocks. Pay close attention to DNDN and NUVO as they have been scorching hot the past couple of days. The daily volume in both of these stocks is tremendous and the float is flipped on a daily basis. DNDN finally cooled a bit today to digest the recent gains and NUVO followed suit. I expect the volume and interest to continue to propel these two stocks higher. The run should resume tomorrow for both of these stocks as I expect DNDN to approach $30 a share by Friday and NUVO to touch $7 a share. Remember at times like these that hype will drive the price over rationale. Key indicators confirming an entry point for higher prices to come is at $22.80 for DNDN and $5.90 for NUVO. If DNDN breaks below $20.50 or NUVO breaks below $5.20 then stay away from these two stocks until further notice. BRLC rebounded strongly and caught some attention, it might be ready to test $9 in the next few days. Best of luck on these sizzling stocks.