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Current Stock Pick: MAXY

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Today's Stock Notes

1:00 PM: Oil reached a new record above $145 today. Our pharmaceutical play, MAXY is holding strong after its gap higher yesterday. When the serious money comes back on Monday, MAXY should get a lot of play.

Undervalued oil stocks looks good with oil staying high throughout the quarter so far. Even if it drops to $130, that's still high. Producing oil companies should have blowout quarters.

Our favorite stock in the Independent Oil & Gas industry is still TVOC. The company has only two employees and they are extremely lean. It doesn't look like theres a more undervalued oil & gas opportunity out there, at least we haven't found it yet.

Accumulation in TVOC has been increasing since late-May. It has two spikes of 24%+. Its chart is very interesting. It should be at a bottom around its current price.