Its A Blizzard In Chicago...

It is literally white out conditions here in Chicago and I now know what a true blizzard looks and feels like. And like the snow, I'll tell you that its tough to see through the market right now. I am impressed with the run the market has been on and it has broken through the all too important psychological barrier of 12,000 on the Dow Jones Industrial Average. I am cautious as most of the stocks that I am analyzing appear priced for perfection. And the hardest thing to do sometimes is to be idle and have a little dry powder.

Here are a few stocks I am keeping an eye on but even they are pushing higher very quickly. Here are a few selections for free, but remember I usually like a little safety before I enter the position:

EXAR Corp (EXAR)
American Superconductor (AMSC)

Like its Dynamite

If you haven't heard the song Dynamite by Taio Cruz you have got to check it out. Great song and it describes how our picks have been lately. My goal is to hopefully post more but write less. In this turbulent market, I think we have the right strategy for investors: wait for huge discounts in stocks and don't be foolish... take gains where they make sense. I try to frequently summarize recent picks and give status updates on older picks:

American International Group (NYSE:AIG) - I am trying to track down the most recent post of AIG. If my tracker is finally up and running I will look to see when I bought the shares. AIG was a pick that practically hit me in the head. I had a hard time recommending this stock but to be honest I listened to Bill Gross awhile back who said buy what the US Government is buying. I will write more later, as to my opinion on why this would be the case with stocks that are basically owned by Uncle Sam.
Disclosure: I own share of AIG

Boston Scientific (NYSE:BSX) - Not a stock for weak stomach. But this company has made an acquisition and bounced high recently on publication about their defibrilator devices. This is one where I would continue to buy on dips. Dollar cost average in and be patient and this company is in a restructuring mode.
Disclosure: I own shares of BSX

Exar Corp (NASDAQ:EXAR) - Appears to have found a nice floor around the 52 week low mark. This could have good upside from here. Moving nicely already.

Audiovox (NADSAQ:VOXX) - Moving above recommend price.

Theravance (NASDAQ:THRX) - This one was a really solid call. It ripped up from recommended level after positive news based on FDA comments.

I also written recently about these stocks and continue to see solid upside going forward:

Iron Mountain (NYSE:IRM) Up very nicely from recommended price. I watched this closely and there was a chance to buy this stock at an even further discount around the $20.80 and above. Doing well so far.

Comcast - Note there are two tickers for this company. Its up over the recommended price. I will write more about the difference in a new post.

Long-Term Stocks:
I love these names and they continue do very well:
Enterprise Partners (EPD)
Radisys (RSYS)
Disclosure: I own shares of RSYS
Collectors Universe (CLCT)
Disclosure: I own shares of CLCT
Visa (V)
Disclosure: I own share of V

Semi Ain't So...

Yeah say it ain't so. My love affair with semiconductor stocks continues. In using my technical analysis screen, the next stock I am looking to recommend is Exar Corp (NASDAQ: EXAR). This is another integrate circuit semiconductor stock very similar to my Radisys selection. Stay tuned for a detailed analysis but for now:

~ Resistance: Near 52 week low levels
~ Bullish on sector: Technology
~ Catalyst: Technical support at recommended price points

I would add this to my Urbanomics Tracker, provided by socialpicks.com, however they appear to still be having technical difficulties.

Recommended Price Points: Accumulate shares in the range of $5.59-5.71. Look for pullbacks to build in a margin of safety.