Weekly roundup of stocks moving in and out of Joel Greenblatt's Magic Formula Investing screens.

A review of Magic Formula Investing's (MFI's) performance in 2010. Did the strategy average outperform the S&P 500? What were the best and worst MFI stocks of the year?

China North East Petroleum is a small crude oil exploration and production firm operating in China's Jilin Field. With exclusive contracts with PetroChina and a new drilling operation, NEP has growth potential. But the typical and serious risks of many China small-caps also applies here.

For the past week or so, I haven’t paid much attention to stock charts since the market was in a funk, but I decided to take another look at them today and see where some of my favorites stand.