Recently in Company in the News Category
Revisting an earlier post " Is the Magic Back ?"

Back in February we published a blog post on Walt Disney (DIS) after Barron's wrote a glowing story entitled " The Magic is Back " about Walt Disney and its prospects for the future. We said back then that Disney's FusionIQ ranking was only a 58 out of a possible 100 and that at this point with only a 58 ranking it is still a bit early to believe the magic is back for good. We then suggested the best plan of attack was to wait for its FusionIQ rank to move back into bullish mode again by seeing its ranking score move back to 70. 

Well for the first time in several years DIS is back to a FusionIQ score of 70. That said we now concur with Barron's that Disney may indeed be back !

Vytorin problems for Merck (MRK) and Schering Plough (SGP)
We looked at a few stocks that have been in the news recently -- and a few big Pharmas stood out as recent Sells.

Then this morning, we noticed that Merck (MRK) and Schering Plough (SGP) had a problem with their two widely prescribed cholesterol-lowering drug, Vytorin and Zetia.
The stocks are down 17% and 27% today on the news was released.

But you didn't have to wait for the announcement to exit these -- they have been poorly ranked for quite some time in our system -- based on Friday's close, Merck was 39 and Schering Plough was a 17 out of 100.

Here are the 6 month charts, with Buy / Sell signals:

Follow up Coal Stocks ACI
Several days back we did a blog post on the breakout momentum is coal stocks.  After a modest pullback ACI shares surged yesterday on big volume.  In a market desperately looking for leadership groups the coal sector has certainly stepped up lately and grabbed the baton.  ACI shares still look like they can move up from here and challenge its May 2005 peak near 55.00.

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