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Every week on MagicDiligence I check the MFI screen for changes, update readers on any news relating to the site itself, and review any relevant financial news during the week.

Since this is the first week for this, I should remind everyone that the MagicDiligence investment universe consists of two MFI screens: the top 100 stocks with over 50 million capitalization, and the top 50 stocks with over 2 billion capitalization. Entering stocks are those appearing in the screen on Friday that were not there a week before. Dropout stocks are just the opposite - there before, gone this week.

Entering the 100 over 50 million screen:

• EPAX - Ambassador's Group
• FDRY - Foundry Networks
• HBMFF - Hudbay Minerals
• JCOM - j2 Global Communications
• MNST - Monster Worldwide
• SLXP - Salix Pharmaceuticals
• THO - Thor Industries
• VALU - Value Line, Inc.

Dropping out of the 100 over 50 million screen:

• ASF - Administaff
• CJR - Corus Entertainment
• GYI - Getty Images
• KCI - Kinetic Concepts
• KLAC - KLA-Tencor
• LIMS - STARLIMS Technologies
• SUPX - Supertex
• TRA - Terra Industries

Entering the 50 over 2 billion screen:

• GRMN - Garmin
• HBMFF - Hudbay Minerals
• RL - Polo Ralph Lauren

Dropping out of the 50 over 2 billion screen:

• CF - CF Industries
• EGN - Energen
• GGG - Graco

Site News

This week was a big one here as the new site launched. I want to personally thank everyone who has sent feedback and reported glitches. Ideas and comments are always welcome.

The last item today is something that I'm not going to make a habit of, but I do believe it is of great interest to MFI investors. Our new affiliate is Zecco.com, an online stock brokerage that charges $0 commissions for the first 10 per month (as of this writing), with a very low minimum account balance. This is great for those following the Magic Formula, as at most you are making 4-6 trades a month. The most popular online brokerages like TD Ameritrade and E*TRADE charge close to $10 commissions, and even then a large balance can be required. If you are turning over 30 stocks a year, Zecco can save you close to $600!

100% Free Stock Trade. Trade stocks for free on Zecco.com. The Free Trading Community. www.zecco.com

Happy investing!

Disclosure: Steve owns THO, KLAC, GGG

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