Monday, December 25, 2006
ESCL
Barron's, December 25, page 16, says ESCL has a small market cap and float of 6.5M shares with 75% sold short mid-November. Suggests if it rallies it could be a good short.
Thursday, December 21, 2006
XOMA CRYP
Bought XOMA at 2.13.
CRYP has been building cause to go up to fill the gap. Buying some here, and looking for clear sign of strength.
CRYP has been building cause to go up to fill the gap. Buying some here, and looking for clear sign of strength.
Monday, December 11, 2006
20061211 Tom AM
RIMM Went down on Friday. Now up.
AAPL Setting up cause to go down. Watch for test at 90.50.
GOOG Consolidation, more work to do lower at 460.
MDG Can go back to 28.45 and as low as 26.82. Take some money off now. Starting to ask well.
RGLD Wants to pull back to 36. Make a nice setup.
GLD Can test 59.57.
AAPL Setting up cause to go down. Watch for test at 90.50.
GOOG Consolidation, more work to do lower at 460.
MDG Can go back to 28.45 and as low as 26.82. Take some money off now. Starting to ask well.
RGLD Wants to pull back to 36. Make a nice setup.
GLD Can test 59.57.
Friday, December 08, 2006
Saturday, December 02, 2006
Paper Asset Inflation
Chart of DJIA and price of gold. The DJIA number has been increasing, while the purchasing power has been declining.
Friday, November 10, 2006
Tungsten
China's stranglehold on the tungsten market
Marketwatch - November 10, 2006 7:27 AM ET
Related Quotes
Symbol Last Chg
BHP Trade 42.97 0.00
SAN FRANCISCO (MarketWatch) -- Used in everything from light bulbs to bullets, tungsten is a metal that's all but monopolized by China, which produces about 85% of the world's supply -- leaving the U.S. at a handicap.
...
One of the largest known deposits outside of China is being developed by Tiberon Minerals in Vietnam, said Roulston. "Tiberon is in the planning/financing stage and expects to start construction soon," according to HRA's Coffin.
Roulston said he toured a small "past-producing mine" earlier this year in Thailand, a country which used to be a major producer of tungsten, which came from small, very high-grade deposits. A small company called Amanta Resources "is looking at it as a possible larger, lower-grade mine," he said. Roulston owns shares in Amanta, as well as Galway and Playfair Mining Ltd.
Meanwhile, Coffin called Vancouver-based Primary Metals Inc. "one of the few survivors of China's period of predatory pricing." It owns a 100% interest in the Panasqueira tungsten mine in Portugal. That mine "has been going for a hundred years and should have enough ore to go for a lot more," said Coffin, who owns shares in PMI and Playfair Mining.
"PMI has a very small float (about 15 million shares out) so it flies under the radar, but it has been very profitable and should continue to be so," he said. The stock is "fairly cheap relative to the profits they can generate," he said, though it is not very liquid.
North American Tungsten owns the Cantung mine site in the Northwest Territories, which the company said is the Western world's largest tungsten supplier. It also owns the Mactung deposit which lies on the Yukon Territory and Northwest Territories border. Coffin said Mactung is the biggest undeveloped tungsten deposit in the West.
Playfair Mining has said it has four "advanced-stage" Canadian tungsten projects. "PLY probably has the best upside since they are just starting to get their story out," said Coffin.
Over in the U.S., Galway Resources has resumed work on the Indian Springs tungsten property in northeastern Nevada that was dropped in the early 1980s by Utah International (later acquired by BHP Billiton (BHP)) because of low prices for the commodity, according to Hinchcliffe.
The new, increased pricing environment for tungsten will enable the company to move quickly into the scoping-study level for the property, likely by March 2007, he said. Other than that property, he said he believes there are no other "serious" tungsten projects in the U.S.
Permitting is a crucial issue at the Indian Springs property, but it's possible that if all goes well with the continued development of the project, Galway could begin mining the deposit in "something like 4 years," said Hinchcliffe.
...
Marketwatch - November 10, 2006 7:27 AM ET
Related Quotes
Symbol Last Chg
BHP Trade 42.97 0.00
SAN FRANCISCO (MarketWatch) -- Used in everything from light bulbs to bullets, tungsten is a metal that's all but monopolized by China, which produces about 85% of the world's supply -- leaving the U.S. at a handicap.
...
One of the largest known deposits outside of China is being developed by Tiberon Minerals in Vietnam, said Roulston. "Tiberon is in the planning/financing stage and expects to start construction soon," according to HRA's Coffin.
Roulston said he toured a small "past-producing mine" earlier this year in Thailand, a country which used to be a major producer of tungsten, which came from small, very high-grade deposits. A small company called Amanta Resources "is looking at it as a possible larger, lower-grade mine," he said. Roulston owns shares in Amanta, as well as Galway and Playfair Mining Ltd.
Meanwhile, Coffin called Vancouver-based Primary Metals Inc. "one of the few survivors of China's period of predatory pricing." It owns a 100% interest in the Panasqueira tungsten mine in Portugal. That mine "has been going for a hundred years and should have enough ore to go for a lot more," said Coffin, who owns shares in PMI and Playfair Mining.
"PMI has a very small float (about 15 million shares out) so it flies under the radar, but it has been very profitable and should continue to be so," he said. The stock is "fairly cheap relative to the profits they can generate," he said, though it is not very liquid.
North American Tungsten owns the Cantung mine site in the Northwest Territories, which the company said is the Western world's largest tungsten supplier. It also owns the Mactung deposit which lies on the Yukon Territory and Northwest Territories border. Coffin said Mactung is the biggest undeveloped tungsten deposit in the West.
Playfair Mining has said it has four "advanced-stage" Canadian tungsten projects. "PLY probably has the best upside since they are just starting to get their story out," said Coffin.
Over in the U.S., Galway Resources has resumed work on the Indian Springs tungsten property in northeastern Nevada that was dropped in the early 1980s by Utah International (later acquired by BHP Billiton (BHP)) because of low prices for the commodity, according to Hinchcliffe.
The new, increased pricing environment for tungsten will enable the company to move quickly into the scoping-study level for the property, likely by March 2007, he said. Other than that property, he said he believes there are no other "serious" tungsten projects in the U.S.
Permitting is a crucial issue at the Indian Springs property, but it's possible that if all goes well with the continued development of the project, Galway could begin mining the deposit in "something like 4 years," said Hinchcliffe.
...
Tuesday, October 31, 2006
Distribution
Higher volume and price not increasing - this looks like distribution. First two days of month payroll 401k withholding money will go into the markets. Sell in next two days, or at least tighten the stops. Start looking for shorts to put on near the election.
Silver and Gold looks strong. Most miners are doing OK.
Silver and Gold looks strong. Most miners are doing OK.
Saturday, October 07, 2006
Bloomberg TV On The Net
Bloomberg is streaming their TV on the net.
Bloomberg Television
Brazil | U.S.
Watch. Wherever you are.
Watch any of our international networks Live now! Watch Now
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Brazil | U.S.
Watch. Wherever you are.
Watch any of our international networks Live now! Watch Now
Wednesday, September 20, 2006
Thai Market
With news of the Thai coup, it may soon be time to consider a broad-based Thai long via ETFs TF or TTF.
Tuesday, September 12, 2006
20060912 Tom PM
SPX 1313 up 14 with volume. When it gets over 1326 then going to 1433.
CCMP 2216 up 43. Resistance at 2270 from May 11.
INDU 11498 up 101 with volume. Going for all time high then to 13000.
Gold 594.
Dollar 85.91.
Option expiry week.
VGZ 9.87 down .28. Buy may have been today. Volume lightened up from yesterday. Don't need to rush to buy. Is tied to price of gold.
HMY 12.22 up .02. Is ready to buy. Tom bought today.
COMS 4.42 up .06. Sign of strength today. 5.31 week of June 30 is wide open.
DNA 78 down .33. In large consolidation. Can test 71.
PVTB 44.93. Looks great on weekly.
GLG 40.29 down .95. Might go back to 48.
LEN 45.47 up 2.36. Counter trend bounce.
RAD 4.76 up .25. Running for highs of 4.90.
TGC .74 down .07. Not a long.
SIGM 15.20 up .64. Is a potential long. Closed at highs of day. Needs more volume.
SLW 9.44 down .48. Unlike other metals, had volume today going down. Next level of confluence is 8.59, which would be a great buy. Can go to 12.21.
AMZN 31.72 up .93. Closed at high. Is closing gap at 33.
CCMP 2216 up 43. Resistance at 2270 from May 11.
INDU 11498 up 101 with volume. Going for all time high then to 13000.
Gold 594.
Dollar 85.91.
Option expiry week.
VGZ 9.87 down .28. Buy may have been today. Volume lightened up from yesterday. Don't need to rush to buy. Is tied to price of gold.
HMY 12.22 up .02. Is ready to buy. Tom bought today.
COMS 4.42 up .06. Sign of strength today. 5.31 week of June 30 is wide open.
DNA 78 down .33. In large consolidation. Can test 71.
PVTB 44.93. Looks great on weekly.
GLG 40.29 down .95. Might go back to 48.
LEN 45.47 up 2.36. Counter trend bounce.
RAD 4.76 up .25. Running for highs of 4.90.
TGC .74 down .07. Not a long.
SIGM 15.20 up .64. Is a potential long. Closed at highs of day. Needs more volume.
SLW 9.44 down .48. Unlike other metals, had volume today going down. Next level of confluence is 8.59, which would be a great buy. Can go to 12.21.
AMZN 31.72 up .93. Closed at high. Is closing gap at 33.
Monday, September 11, 2006
20060911 Matt PM
Gold needs to hold 200 day moving average. Expect small bounce or consolidation. Very cautious short term.
Oil also continues to fall. Sell oil stocks.
GDX Gold miner ETF.
HUM Humana, health care. All time high. Big volume coming in.
MET Met Life. All time high. Dividend.
RGA Insurance. All time high. RSI moving up.
Oil also continues to fall. Sell oil stocks.
GDX Gold miner ETF.
HUM Humana, health care. All time high. Big volume coming in.
MET Met Life. All time high. Dividend.
RGA Insurance. All time high. RSI moving up.
20060911 Tom PM
INDU 11397 up 5.
SPX 1230 up 1.
CCMP 2173 up 7.
Gold 597. Slammed down. $20 move is large because there are calls that trigger forced selling.
Metal stocks should open a little lower then close slightly up. Tomorrow should be a buy.
Dollar 85.85. G7 meeting soon.
Option expiry this week.
By Friday stock markets will be up.
JOYG 38.02 down 2.30. Closing the gap a little lower. Has support here. Wants to go back to 47.
LM 90.55 up .24. In middle of consolidation. Not a buy here. In the sector, GS is a better long.
HMY 12.20 down .79 with volume. Tomorrow watch how it touches 11.90. If reject with lighter volume, then it can quickly go back up. This is a good area to go long.
AAPL 72.50 down .02. Consider this to be an entertainment company. Large gap up July 19. Good buy there at 53.
TLAB 9.47 down .19 with accelerating volume. No price spread indicates someone is sitting there buying. Buy a little lower.
VIP 58.02 down 1.88. Finished ABC up. Will pull back to 54 then go back up. 50.17 is still open.
CDE 4.80 down .32 with volume. HL is a better silver long a little lower.
RGLD 26.69 down 2.16 with volume. Confluence is 26.42. Volume was lighter than low day in June at 23.
ERF 50.61 down 2.79 with heavy volume. 9% dividend. Had high volume day on June 13 low, and volume now is higher. Wants to go to 48.52.
FTWR 8.16 up .61. Hasn't shown sign of strength.
DLM 10.05 down .09. Last week rejected bottom again. Can see 11.10.
SPX 1230 up 1.
CCMP 2173 up 7.
Gold 597. Slammed down. $20 move is large because there are calls that trigger forced selling.
Metal stocks should open a little lower then close slightly up. Tomorrow should be a buy.
Dollar 85.85. G7 meeting soon.
Option expiry this week.
By Friday stock markets will be up.
JOYG 38.02 down 2.30. Closing the gap a little lower. Has support here. Wants to go back to 47.
LM 90.55 up .24. In middle of consolidation. Not a buy here. In the sector, GS is a better long.
HMY 12.20 down .79 with volume. Tomorrow watch how it touches 11.90. If reject with lighter volume, then it can quickly go back up. This is a good area to go long.
AAPL 72.50 down .02. Consider this to be an entertainment company. Large gap up July 19. Good buy there at 53.
TLAB 9.47 down .19 with accelerating volume. No price spread indicates someone is sitting there buying. Buy a little lower.
VIP 58.02 down 1.88. Finished ABC up. Will pull back to 54 then go back up. 50.17 is still open.
CDE 4.80 down .32 with volume. HL is a better silver long a little lower.
RGLD 26.69 down 2.16 with volume. Confluence is 26.42. Volume was lighter than low day in June at 23.
ERF 50.61 down 2.79 with heavy volume. 9% dividend. Had high volume day on June 13 low, and volume now is higher. Wants to go to 48.52.
FTWR 8.16 up .61. Hasn't shown sign of strength.
DLM 10.05 down .09. Last week rejected bottom again. Can see 11.10.
Thursday, September 07, 2006
Solar Flare And Down Markets
The correction which started following the geomagnetic storm* last weekend seems to be taking on a familiar pattern; namely, the bears get excited and sell the market down, it finds support and the sellers back away.
...
* study by the US Federal Reserve found a close correlation between geomagnetic storms and subsequent corrections in the stock market. "Geomagnetic solar storms occur approximately 35 days per year. For their study, Krivelyova and Robotti [the Fed researchers] correlated the dates of all such storms over the past 70 years with the behavior of 12 of the world's stock markets over the same period. An unmistakable pattern emerged: When the sun flares up, the markets go down. The condition lasts for about six days after the storms end."
...
* study by the US Federal Reserve found a close correlation between geomagnetic storms and subsequent corrections in the stock market. "Geomagnetic solar storms occur approximately 35 days per year. For their study, Krivelyova and Robotti [the Fed researchers] correlated the dates of all such storms over the past 70 years with the behavior of 12 of the world's stock markets over the same period. An unmistakable pattern emerged: When the sun flares up, the markets go down. The condition lasts for about six days after the storms end."
Thursday, August 31, 2006
Possible Longs
Biotechs are moving. AVNX NGEN
SWHC (SMITH & WESSON HOLDING CORPORATION) Has been very strong this week.
Even though oil has gone below $70 per barrel, ESLR has turned up.
SWHC (SMITH & WESSON HOLDING CORPORATION) Has been very strong this week.
Even though oil has gone below $70 per barrel, ESLR has turned up.
20060831 Tom PM
INDU 11381 down 2.
SPX 1304.
CCMP 2184 down 2.
Dollar 85.02 up .12.
Gold 635. GG taking over GLG.
Silver 13.05.
DRIV 48.54 down .58. Wait to buy lower at 42 or 43.
AEOS 38.61 up 1.43. Breakout with volume. Can go to 43 now. Can buy if it pulls back to 34.
AVCI 8.67 up .27. Going for 9.30 then longer term can go higher. Give it more time until you buy.
PENN 33.12 down .34. Big down day with volume in July. Going back down.
GLW 22.23 down .42. Going up.
DNA 82.52 up .47. Going up.
FRO 40.79 up .14. In consolidation. Can buy here.
BIOM 1.17 up .02. Might retest 1.54.
GSX 2.92 down .13. Will test 2.35 again.
ELN 16.53 down .21. Mutual funds accumulating.
SPX 1304.
CCMP 2184 down 2.
Dollar 85.02 up .12.
Gold 635. GG taking over GLG.
Silver 13.05.
DRIV 48.54 down .58. Wait to buy lower at 42 or 43.
AEOS 38.61 up 1.43. Breakout with volume. Can go to 43 now. Can buy if it pulls back to 34.
AVCI 8.67 up .27. Going for 9.30 then longer term can go higher. Give it more time until you buy.
PENN 33.12 down .34. Big down day with volume in July. Going back down.
GLW 22.23 down .42. Going up.
DNA 82.52 up .47. Going up.
FRO 40.79 up .14. In consolidation. Can buy here.
BIOM 1.17 up .02. Might retest 1.54.
GSX 2.92 down .13. Will test 2.35 again.
ELN 16.53 down .21. Mutual funds accumulating.
Wednesday, August 30, 2006
20060830 Tom PM
INDU 11383 up 13.
SPX 1304. Going to 1350 then 1433.
CCMP 2186 up 13.
Dollar 84.90 up .09.
Gold 627 up 1.
Silver 12.69 up .02.
EBAY 28.45 up 1.28. Approaching B.
AMZN 30.67 up 1.15. Took out B. Going into the gap.
SMH is strong.
TIE 25.64 down .56. Quality volume on the way down.
GG 30.47 up .27. Big volume down in May 2006.
QLTI 7.90 up .05. Sign of strength yesterday. Built cause since September 2005. Last time down with volume is June 2004 from 17. Wants to go back up there in some time. Will see some resistance around 8.5.
ELX 17.35 up 1.15 with decent volume. Going for 19 where there is a shooting star.
ALJ 35.20 down .87. Ex-dividend today. Can test 32.
NFB 27.50 up .34. Something is not right. Being taken over by capital one, COF.
SPX 1304. Going to 1350 then 1433.
CCMP 2186 up 13.
Dollar 84.90 up .09.
Gold 627 up 1.
Silver 12.69 up .02.
EBAY 28.45 up 1.28. Approaching B.
AMZN 30.67 up 1.15. Took out B. Going into the gap.
SMH is strong.
TIE 25.64 down .56. Quality volume on the way down.
GG 30.47 up .27. Big volume down in May 2006.
QLTI 7.90 up .05. Sign of strength yesterday. Built cause since September 2005. Last time down with volume is June 2004 from 17. Wants to go back up there in some time. Will see some resistance around 8.5.
ELX 17.35 up 1.15 with decent volume. Going for 19 where there is a shooting star.
ALJ 35.20 down .87. Ex-dividend today. Can test 32.
NFB 27.50 up .34. Something is not right. Being taken over by capital one, COF.
Tuesday, August 29, 2006
20060829 Tom PM
INDU 11370 up 18.
SPX 1304 up 3. Going to 1331.
CCMP 2172 up 12.
BOL 48.26 up 1.81. Going to 52.
HITT 44.60 up .73. Pushing highs with volume. Building cause to jump the creek up. May go to 56.
MCO 60.69 up .64. Moving up into the gap.
AZO 88.38 up .23. Big consolidation.
ANAD 7.01 down .01. Gapped up yesterday.
TFSM 9.22 up .02. Needs to keep moving up as it is losing steam and can go lower.
INTC 19.68 up .3. Projecting to 21.
CNX 37.24 down 1.03. Volume is dying. Be careful if long.
There were no gold calls on the show.
SPX 1304 up 3. Going to 1331.
CCMP 2172 up 12.
BOL 48.26 up 1.81. Going to 52.
HITT 44.60 up .73. Pushing highs with volume. Building cause to jump the creek up. May go to 56.
MCO 60.69 up .64. Moving up into the gap.
AZO 88.38 up .23. Big consolidation.
ANAD 7.01 down .01. Gapped up yesterday.
TFSM 9.22 up .02. Needs to keep moving up as it is losing steam and can go lower.
INTC 19.68 up .3. Projecting to 21.
CNX 37.24 down 1.03. Volume is dying. Be careful if long.
There were no gold calls on the show.
20060829 Wizard Mid-Day
Tuesday, Aug. 29, 2006 - 3:12 PM ET
NGAS: Will be sold today, this price is probably as good as any.
CDE: Looks to be holding the $5.00 level. Will hold with a close eye.
BRCM: Still flagging and looking good. This level is still a good entry price.
STEC: flagging and trying to break out today. Indicated higher from here. If you don't own it you can still buy this one here.
NABI: beginning a breakout today with some resistance at $6.00. A move above this level would indicate an add to point.
FTEK: Flagging here and looks ready to break out with stochastics just turning up and volume increasing.
NGAS: Will be sold today, this price is probably as good as any.
CDE: Looks to be holding the $5.00 level. Will hold with a close eye.
BRCM: Still flagging and looking good. This level is still a good entry price.
STEC: flagging and trying to break out today. Indicated higher from here. If you don't own it you can still buy this one here.
NABI: beginning a breakout today with some resistance at $6.00. A move above this level would indicate an add to point.
FTEK: Flagging here and looks ready to break out with stochastics just turning up and volume increasing.
Monday, August 28, 2006
20060828 Tom PM
SPX 1302 up 7 on light volume.
INDU 11352 up 68.
CCMP 2160 up 20.
Dollar 85.17 down .13.
Gold 623.
Silver 12.23.
BOT 109.80 down 1.57. Buy at 96.
KLAC 43.07 up .27. Nice long setup. Semis are moving.
SLAB 33.28 down .20. Gap still open from 2005.
LNUX 4.54 down .08. Earning tomorrow. Large consolidation range. Can easily test low 4s.
NBR 33.30 down .92. Earlier in year was at highs without big volume. Last week had sign of strength. Watch volume as it goes higher.
COSWF 31.68 up .20. Can test lower to last Fall prices. Keep tight stop if long.
CDE 5.07 down .23. Wait to buy.
AAPL 66.98 down 1.77. Tom is short. Wait for 52.9 to buy.
STEC 6.48 down .02. Will consolidate. Beautiful on monthly.
INDU 11352 up 68.
CCMP 2160 up 20.
Dollar 85.17 down .13.
Gold 623.
Silver 12.23.
BOT 109.80 down 1.57. Buy at 96.
KLAC 43.07 up .27. Nice long setup. Semis are moving.
SLAB 33.28 down .20. Gap still open from 2005.
LNUX 4.54 down .08. Earning tomorrow. Large consolidation range. Can easily test low 4s.
NBR 33.30 down .92. Earlier in year was at highs without big volume. Last week had sign of strength. Watch volume as it goes higher.
COSWF 31.68 up .20. Can test lower to last Fall prices. Keep tight stop if long.
CDE 5.07 down .23. Wait to buy.
AAPL 66.98 down 1.77. Tom is short. Wait for 52.9 to buy.
STEC 6.48 down .02. Will consolidate. Beautiful on monthly.
Friday, August 25, 2006
20060825 Tom PM
SPX 1295 down 1.
INDU 11284 down 20.
CCMP 2140 up 3.
Dollar 85.30 up .13.
Gold 631.20 up .40.
Silver 12.58 up .03.
TGB 2.44 up .05. Not a buy here.
MGN 6.69 up .12. Sign of strength with volume last week. Action. Resistance at 7.61.
BRK/B 3202 down 6. Broke previous high yesterday. Breakout. Buy the retracement on lighter volume.
AAPL 68.75 up .94 on light volume. It is setting up a short.
BRCD 6.16 up .16. Gap down on big volume a couple weeks ago. Closed the gap.
INDU 11284 down 20.
CCMP 2140 up 3.
Dollar 85.30 up .13.
Gold 631.20 up .40.
Silver 12.58 up .03.
TGB 2.44 up .05. Not a buy here.
MGN 6.69 up .12. Sign of strength with volume last week. Action. Resistance at 7.61.
BRK/B 3202 down 6. Broke previous high yesterday. Breakout. Buy the retracement on lighter volume.
AAPL 68.75 up .94 on light volume. It is setting up a short.
BRCD 6.16 up .16. Gap down on big volume a couple weeks ago. Closed the gap.
Thursday, August 24, 2006
20060824 Tom PM
SPX 1296 up 3.
INDU 11304 up 7.
CCMP 2137 up 2.
Dollar 85.17 up.20.
Gold 530.
Silver 12.53 up .04.
AAPL 67.81 up .50. Tom is short. Recalling Sony laptop batteries.
NRP 58.10 up .28. 5.5% dividend. At confluence, watch volumes here.
VLO 62.57 up .79. Consolidation can go higher here.
TIE 25.52 down .19. Not a long. High volume down day on July 14 needs to be tested.
CAT 65.50 down 1.71. Look to buy around 64.41.
EWJ 13.74 down .11. Tracks the Nikkei.
OS 48.24 down .23. Strong steel stock. AKS also strong.
STEC 6.48 up .01. Wait to buy at breakout at 5.68.
NGEN 1.95 up .15. Has been basing. Needs more volume to go higher.
GMR 38.70 down .18. Can buy around 38, going for 53.
LMT 83.45 down .87. May be topping.
INDU 11304 up 7.
CCMP 2137 up 2.
Dollar 85.17 up.20.
Gold 530.
Silver 12.53 up .04.
AAPL 67.81 up .50. Tom is short. Recalling Sony laptop batteries.
NRP 58.10 up .28. 5.5% dividend. At confluence, watch volumes here.
VLO 62.57 up .79. Consolidation can go higher here.
TIE 25.52 down .19. Not a long. High volume down day on July 14 needs to be tested.
CAT 65.50 down 1.71. Look to buy around 64.41.
EWJ 13.74 down .11. Tracks the Nikkei.
OS 48.24 down .23. Strong steel stock. AKS also strong.
STEC 6.48 up .01. Wait to buy at breakout at 5.68.
NGEN 1.95 up .15. Has been basing. Needs more volume to go higher.
GMR 38.70 down .18. Can buy around 38, going for 53.
LMT 83.45 down .87. May be topping.
Wednesday, August 23, 2006
20060823 Tom PM
SPX 1293 down 6.
INDU 2135 down 14.
CCMP 2135 down 15. Wants to go higher. Semis starting to move up.
Dollar 84.97 down .11.
Gold 631.50.
Silver 12.65 down .04.
XOM 69.63 down .58. Can consolidate to 67. Setting up to go higher.
PGR 23.53 up .22. Broke down trend. Action. Going to 27.87. This is a buy.
GSS 3.40 up .06. Ride the long.
GNBT 1.59 up .19. High volume spike at 5.02 that has not been tested. Can buy here.
CWTR 25.13 up .63. Earnings numbers after close, huge volume all day so someone had the news early.
EBAY 27 down .42. Broke above down channel. Should go higher.
ZOLT 21.41 up 1.61. Story stock, dangerous.
ASTM 1.19 up .05. Off the bottom. Biotech. 1.42 then maybe to 4.
INDU 2135 down 14.
CCMP 2135 down 15. Wants to go higher. Semis starting to move up.
Dollar 84.97 down .11.
Gold 631.50.
Silver 12.65 down .04.
XOM 69.63 down .58. Can consolidate to 67. Setting up to go higher.
PGR 23.53 up .22. Broke down trend. Action. Going to 27.87. This is a buy.
GSS 3.40 up .06. Ride the long.
GNBT 1.59 up .19. High volume spike at 5.02 that has not been tested. Can buy here.
CWTR 25.13 up .63. Earnings numbers after close, huge volume all day so someone had the news early.
EBAY 27 down .42. Broke above down channel. Should go higher.
ZOLT 21.41 up 1.61. Story stock, dangerous.
ASTM 1.19 up .05. Off the bottom. Biotech. 1.42 then maybe to 4.
Monday, August 21, 2006
20060821 Tom PM
SPX 1298 down 5. Low volume. Can go to 1336.
INDU 11345 down 36. Can go to 11670 then 11750.
CCMP 2148 down 16.
Dollar 84.53 down .45.
Gold 638 up 3. Big volume. Can run to 660, 691 then highs of May. Equities will take out Bs tomorrow.
Silver 12.57 up .05.
ERF 57.01 down .24. Going lower. Consolidation. Can test 53 or 48.
VLO 62.70 up .86. Consolidation. Wait to buy at 48.
AUY 10.04 up .53. Can buy here. Will run to 11.4. Good investment stock for a couple years to go to 16 and 20s.
ISE 42.65 down .63. Nice long setup.
C 48.49 down .11. Consolidation. Week of July 21 low had some volume and can be tested.
KGC 13.30 up .97. Rocket ship.
OMX 43.26 down .81. Weekly volume has been lightening up.
CME 455.15 down 6.20. Get ready to close the short.
IDWK 5.71 up .38. Sign of strength today. Buy on pullback. Broke above trend line. May run to 5.99 then buy at 5.35.
INDU 11345 down 36. Can go to 11670 then 11750.
CCMP 2148 down 16.
Dollar 84.53 down .45.
Gold 638 up 3. Big volume. Can run to 660, 691 then highs of May. Equities will take out Bs tomorrow.
Silver 12.57 up .05.
ERF 57.01 down .24. Going lower. Consolidation. Can test 53 or 48.
VLO 62.70 up .86. Consolidation. Wait to buy at 48.
AUY 10.04 up .53. Can buy here. Will run to 11.4. Good investment stock for a couple years to go to 16 and 20s.
ISE 42.65 down .63. Nice long setup.
C 48.49 down .11. Consolidation. Week of July 21 low had some volume and can be tested.
KGC 13.30 up .97. Rocket ship.
OMX 43.26 down .81. Weekly volume has been lightening up.
CME 455.15 down 6.20. Get ready to close the short.
IDWK 5.71 up .38. Sign of strength today. Buy on pullback. Broke above trend line. May run to 5.99 then buy at 5.35.
Thursday, August 17, 2006
20060817 Tom PM
SPX 1297 up 2. 1305 from May 12 is open.
INDU 11335 up 8. Can go 100 points higher tomorrow.
CCMP 2158 up 8. Can go up another 40 points to finish 100% move.
Dollar 84.93 up .16.
Gold 624.
Silver 12.10.
Tomorrow option expiry.
CBJ 3.16 down .05. Going to 3.95 on this run.
AUY 9.55 down .50. News. Rejected low today. Buy here. Can go down another point. Going up to 12.92.
AAPL 67.59 down .39. Starting to set up for short.
INDU 11335 up 8. Can go 100 points higher tomorrow.
CCMP 2158 up 8. Can go up another 40 points to finish 100% move.
Dollar 84.93 up .16.
Gold 624.
Silver 12.10.
Tomorrow option expiry.
CBJ 3.16 down .05. Going to 3.95 on this run.
AUY 9.55 down .50. News. Rejected low today. Buy here. Can go down another point. Going up to 12.92.
AAPL 67.59 down .39. Starting to set up for short.
Wednesday, August 16, 2006
20060618 Tom PM
SPX 1295 up 10. Going to 1305 tomorrow.
INDU 11327 up 97.
CCMP 2150 up 35.
Dollar 84.77 down .28.
Gold 639.40 up .40.
Silver 12.46.
KOP 16.21 up .56. Recent issue from January. Lockup expired in July, so there is downward pressure. May go lower to test price on first day.
CMGI 1.08 up .07. Has some upside.
GRA 9.10 up .39. No sign of strength yet. Can bounce to 11.52.
GOOG 387.72 up 6.75. Buy around 331 or 300. Wants to run to 404.
JNJ 64.61 up .20. Going to the highs.
TGC 1.14. Some risk if long, though maybe okay. Don't let it go below 1.
HXL 15.88 up 1.58. Can go back up to 19.
HAE 47.39 down .03. Not a short here.
VPHM 9.66 up .93. Has tested bottom with no more sellers. Small sign of strength with good price spread. Wants to get into gap at 11.
GSF 50.10 up .91. Could see 56, though there are better longs.
NITE 16.18 up .15. Has built a little cause.
LH 67.56 up .06. Personality stock. Volume as been light.Good fundamentals. At some time will go back to 45.
EBOF 3.06 down .14. Has been building base and has had signs of strength. 7.2 can be retested.
INDU 11327 up 97.
CCMP 2150 up 35.
Dollar 84.77 down .28.
Gold 639.40 up .40.
Silver 12.46.
KOP 16.21 up .56. Recent issue from January. Lockup expired in July, so there is downward pressure. May go lower to test price on first day.
CMGI 1.08 up .07. Has some upside.
GRA 9.10 up .39. No sign of strength yet. Can bounce to 11.52.
GOOG 387.72 up 6.75. Buy around 331 or 300. Wants to run to 404.
JNJ 64.61 up .20. Going to the highs.
TGC 1.14. Some risk if long, though maybe okay. Don't let it go below 1.
HXL 15.88 up 1.58. Can go back up to 19.
HAE 47.39 down .03. Not a short here.
VPHM 9.66 up .93. Has tested bottom with no more sellers. Small sign of strength with good price spread. Wants to get into gap at 11.
GSF 50.10 up .91. Could see 56, though there are better longs.
NITE 16.18 up .15. Has built a little cause.
LH 67.56 up .06. Personality stock. Volume as been light.Good fundamentals. At some time will go back to 45.
EBOF 3.06 down .14. Has been building base and has had signs of strength. 7.2 can be retested.
Tuesday, August 15, 2006
20060815 Tom PM
SPX 1286 up 17.
INDU 11230 up 132.
CCMP2115 up 46.
Dollar 85.05 down .42.
Gold 634 up 1.10. Equities look good to go up.
Silver 12.31 up .06.
UPS 69 up 1.7. No rush to buy, let is show strength then buy retracement.
MED 12.23 down 5.56. Wants to go lower.
ISON 1.11 up .19. Broke down channel. Will get to 3.73 quickly, then back to highs of 6 in a couple years.
SMH 31.96 up .78. Stayed in range, has rejected lower prices, is going up to 32.16 tomorrow.
CAT 67.41 up 1.45. Buy.
INDU 11230 up 132.
CCMP2115 up 46.
Dollar 85.05 down .42.
Gold 634 up 1.10. Equities look good to go up.
Silver 12.31 up .06.
UPS 69 up 1.7. No rush to buy, let is show strength then buy retracement.
MED 12.23 down 5.56. Wants to go lower.
ISON 1.11 up .19. Broke down channel. Will get to 3.73 quickly, then back to highs of 6 in a couple years.
SMH 31.96 up .78. Stayed in range, has rejected lower prices, is going up to 32.16 tomorrow.
CAT 67.41 up 1.45. Buy.
Monday, August 14, 2006
20060814 Tom PM
SPX 1268 up 1.
INDU 1098 up 10.
CCMP 2069 up 11. Is staying in the range.
Dollar 85.47 up .08. Can counter trend bounce to 85.81.
Gold 637.30 down 2.
Silver 12.10 down .07.
XPRSA 21.42 up .92. May be done with the downside.
VOL 39.90 down .97. Consolidation 37 - 48. Going back to break out.
VLO 63.24 down 1.52 Consolidation. May go topside one more time. Oils are in consolidation.
HAE 46.16 down .24. Has been going up on some lighter volume. Nice short setup.
CDE 5.10 down .04. Will retrace a little more.
COF 72.88 up 1.06. Sold off the past week. Will counter trend bounce.
F 7.83 up .46. Looks good as long.
GFI 19.99 down .66. Can go lower.
ABB 12.87 down .15. Consolidation.
FTO 35.68 down .98. Relatively strong oil.
CTCM 23 down .45. Newer issue. Russian TV operator with strong numbers growth. Pulled back with dramatically lighter volume.
ICE 60.04 down .23. Building cause.
BGO 5.31 down .11. Decent setup. Russian political risk.
INDU 1098 up 10.
CCMP 2069 up 11. Is staying in the range.
Dollar 85.47 up .08. Can counter trend bounce to 85.81.
Gold 637.30 down 2.
Silver 12.10 down .07.
XPRSA 21.42 up .92. May be done with the downside.
VOL 39.90 down .97. Consolidation 37 - 48. Going back to break out.
VLO 63.24 down 1.52 Consolidation. May go topside one more time. Oils are in consolidation.
HAE 46.16 down .24. Has been going up on some lighter volume. Nice short setup.
CDE 5.10 down .04. Will retrace a little more.
COF 72.88 up 1.06. Sold off the past week. Will counter trend bounce.
F 7.83 up .46. Looks good as long.
GFI 19.99 down .66. Can go lower.
ABB 12.87 down .15. Consolidation.
FTO 35.68 down .98. Relatively strong oil.
CTCM 23 down .45. Newer issue. Russian TV operator with strong numbers growth. Pulled back with dramatically lighter volume.
ICE 60.04 down .23. Building cause.
BGO 5.31 down .11. Decent setup. Russian political risk.
Friday, August 11, 2006
20060811 Tom PM
SPX 1267 down 5.
INDU 11088 down 36.
CCMP 2058 down 14 on lighter volume.
Dollar 85.39 up .44.
Gold 642 down 2.40.
Silver 11.93 up .05.
ELK 25.03 down .09. Has touched low from a year ago and is going back up.
GROW 21.58 up 2.58. Commodity fund. Broke out today with volume. Going to 28.
SCSS 18 up .11. There are a couple lower gaps that can be filled.
AUY 10.11 down .50 with good volume. Closed near lows. Will go a little lower.
ASEI 45.99 up .35. Terrorism play. Down from 90s in March. Not a buy technically.
RMBS 10.26 down .54. Can test 7 from January 2003.
GEOI 8.11 down .30. Some volume today. Numbers were released before open today. In the middle, be careful. If it breaks 7, next step down is 3.30.
WYNN 71.68 down .02. Wait for 75.45 to get short.
CHNR 6.95 down .10. Went parabolic in January with volume. Came down with lighter volume. Has a history of these parabolic moves. Is going lower to breakout point.
INDU 11088 down 36.
CCMP 2058 down 14 on lighter volume.
Dollar 85.39 up .44.
Gold 642 down 2.40.
Silver 11.93 up .05.
ELK 25.03 down .09. Has touched low from a year ago and is going back up.
GROW 21.58 up 2.58. Commodity fund. Broke out today with volume. Going to 28.
SCSS 18 up .11. There are a couple lower gaps that can be filled.
AUY 10.11 down .50 with good volume. Closed near lows. Will go a little lower.
ASEI 45.99 up .35. Terrorism play. Down from 90s in March. Not a buy technically.
RMBS 10.26 down .54. Can test 7 from January 2003.
GEOI 8.11 down .30. Some volume today. Numbers were released before open today. In the middle, be careful. If it breaks 7, next step down is 3.30.
WYNN 71.68 down .02. Wait for 75.45 to get short.
CHNR 6.95 down .10. Went parabolic in January with volume. Came down with lighter volume. Has a history of these parabolic moves. Is going lower to breakout point.
Wednesday, August 09, 2006
20060809 Tom PM
SPX 1266 down 6. In consolidation.
INDU 11076 down 97. Wants to go down another ten.
CCMP 2060 down 1. Opened higher and could not hold it. In consolidation.
QQQQ 36.53 up .05. Pushed into highs with volume.
Gold 660.80 down 1.20. Going to 700.
Silver 12.52 down .05
Dollar 84.50 up .02.
Today was Wierd Wally Wednesday. Markets sold off.
DRYS 13.51 up .11. Dry bulk carrier. Doubled in last few months.
PDE 26.11 down .09. Can retrace further to 23 easily.
OIH 139.46 up .26. Wants to go back to 130.
AUY 10.87 down .29. Pushing high with volume. Will fill gap at 10.49. In good shape.
FDX 98.40 down 3.99. Can test high of June at 91.
TGB 2.80 down .03. Pushing into highs and pushing into downdraft of May 11 and May 12. Earnings before open tomorrow. Numbers are linked to price of copper. The high at 4.66 had volume so it will be retested.
RMBS 10.80 down .33. Breakout from 2003 is at 7.
VGZ 11.80 up .74. Quality company.
ISRG 95.85 down 1.28. Volume is drying up so will pop soon. Can test lower in the meantime to 91.
X 57.54 down .14. Volume is drying up and wants to test 56.2. Can test 50 from December. Tom sold AKS yesterday.
SWC 10.13 up .01. Like it to close above 10.23 this week.
SELSF .25 down .05. Bulletin board gold stock, do not buy.
PAAS 21.64 up .69. Very strong. Expect a small pull back. Some resistance at 21.86. Buy at 19.55.
CDWC 57.47 down .68.
INDU 11076 down 97. Wants to go down another ten.
CCMP 2060 down 1. Opened higher and could not hold it. In consolidation.
QQQQ 36.53 up .05. Pushed into highs with volume.
Gold 660.80 down 1.20. Going to 700.
Silver 12.52 down .05
Dollar 84.50 up .02.
Today was Wierd Wally Wednesday. Markets sold off.
DRYS 13.51 up .11. Dry bulk carrier. Doubled in last few months.
PDE 26.11 down .09. Can retrace further to 23 easily.
OIH 139.46 up .26. Wants to go back to 130.
AUY 10.87 down .29. Pushing high with volume. Will fill gap at 10.49. In good shape.
FDX 98.40 down 3.99. Can test high of June at 91.
TGB 2.80 down .03. Pushing into highs and pushing into downdraft of May 11 and May 12. Earnings before open tomorrow. Numbers are linked to price of copper. The high at 4.66 had volume so it will be retested.
RMBS 10.80 down .33. Breakout from 2003 is at 7.
VGZ 11.80 up .74. Quality company.
ISRG 95.85 down 1.28. Volume is drying up so will pop soon. Can test lower in the meantime to 91.
X 57.54 down .14. Volume is drying up and wants to test 56.2. Can test 50 from December. Tom sold AKS yesterday.
SWC 10.13 up .01. Like it to close above 10.23 this week.
SELSF .25 down .05. Bulletin board gold stock, do not buy.
PAAS 21.64 up .69. Very strong. Expect a small pull back. Some resistance at 21.86. Buy at 19.55.
CDWC 57.47 down .68.
20060809 Wizard Mid-Day
CDE: still looks great,stochastics are starting to turn down so could consolidate here for a little while but good longer term.
DXD: Looks like the indicies are indicated lower. Will maintain this position.
LDSH: 50 DMA failure, really failing this time.
SNDK: wants to move lower but consolidating for now, stochastics just turned down.
PEIX: nice down trend which should continue.
CELG: moving lower after being up all day. Set up for a nice failure.
DXD: Looks like the indicies are indicated lower. Will maintain this position.
LDSH: 50 DMA failure, really failing this time.
SNDK: wants to move lower but consolidating for now, stochastics just turned down.
PEIX: nice down trend which should continue.
CELG: moving lower after being up all day. Set up for a nice failure.
20060809 Tom AM
Equities are up.
Gold Set up for ABC up over 691 from July 17 to 700.
PKD 6.93 up .03. Needs more time to build base. Buy at 6.72.
BBG 28.91 up .20. Needs more base building. May 10 high of 35.8 has not yet been tested, so expect it back there eventually. Look to buy at 25.
TIE 27.00 down .49. Wants to retest 23.30. In deep retracement now. Not a long.
SII 44.68 up .27. Not a long.
CH 14.60 up .02. 30% dividend? Going for 15.23. 19.25 high with volume that has not yet been tested.
NTO 5.29 down .01. Can stay long.
AUY 10.77 down .39. Had earnings numbers. Wants to get to high of 12.42 then 15. Their production is ramping up, and price will increase anticipating this.
GLG 37.22 up .35. Strongest gold stock.
KGC 12.65 up .33. Buy on pull back.
Gold Set up for ABC up over 691 from July 17 to 700.
PKD 6.93 up .03. Needs more time to build base. Buy at 6.72.
BBG 28.91 up .20. Needs more base building. May 10 high of 35.8 has not yet been tested, so expect it back there eventually. Look to buy at 25.
TIE 27.00 down .49. Wants to retest 23.30. In deep retracement now. Not a long.
SII 44.68 up .27. Not a long.
CH 14.60 up .02. 30% dividend? Going for 15.23. 19.25 high with volume that has not yet been tested.
NTO 5.29 down .01. Can stay long.
AUY 10.77 down .39. Had earnings numbers. Wants to get to high of 12.42 then 15. Their production is ramping up, and price will increase anticipating this.
GLG 37.22 up .35. Strongest gold stock.
KGC 12.65 up .33. Buy on pull back.
Tuesday, August 08, 2006
Ideas
Fed interest rate pause turned out to be a non-event. Most everything closed slightly in the red - stocks, bonds, dollar, metals. The rest of the week these sectors will go there separate ways.
INTV short at 6. Acting weak.
EZM long at 2.8. Steady moves up. Close above three with good volume and this can move.
INTV short at 6. Acting weak.
EZM long at 2.8. Steady moves up. Close above three with good volume and this can move.
20060808 Marc PM
SWHC Bullish pattern. Could be double topping. Could pull back to 8.
TAXI Chart broken 50 and 200. Heading lower to 500 day moving average.
NAT New high on okay volume. 10.7% short interest. Shipping stocks have been strong.
PXP At resistance at 46 where it has failed before.
VIP Down .66, overbought, triple top, turning down. Had gone up on light volume. Sell.
WAFR Large selling spikes, below 50 day moving average. Short.
GT 11.67. Last week gapped up through 50 day moving average (Marc buy indicator) with volume. Wait for close over 12 to buy.
DSTI Harry Boxer favorite. Failed at 50 day moving average yesterday. Going lower, could be a short.
ORBK In down trend. Below 50 day moving average.
MRX Wait to buy until it closes above 28.
TAXI Chart broken 50 and 200. Heading lower to 500 day moving average.
NAT New high on okay volume. 10.7% short interest. Shipping stocks have been strong.
PXP At resistance at 46 where it has failed before.
VIP Down .66, overbought, triple top, turning down. Had gone up on light volume. Sell.
WAFR Large selling spikes, below 50 day moving average. Short.
GT 11.67. Last week gapped up through 50 day moving average (Marc buy indicator) with volume. Wait for close over 12 to buy.
DSTI Harry Boxer favorite. Failed at 50 day moving average yesterday. Going lower, could be a short.
ORBK In down trend. Below 50 day moving average.
MRX Wait to buy until it closes above 28.
Long Ideas
Recently some volume has been coming in to HA. Would like to see more base built.
Telecoms have been strong. VTCAX is a telecom ETF by Vanguard.
Vanguard Telecommunication Services Index Fund Admiral Shares (VTCAX)
Fund Overview
Price as of 08/07/2006 $32.12
Change –$0.18 –0.56%
Yield 2.25% B
Expense ratio as of 08/31/2005 0.28%
Inception date 03/11/2005
Ticker symbol VTCAX
Monday, August 07, 2006
20060807 Tom PM
SPX 11276 down 4.
INDU 11219 down 21. Light volume pull back. Building cause to go up.
CCMP 2073 down 13.
Dollar 84.53 up .15.
Gold 660.50 up 1.
Silver 12.33 up .07. Strong. Sign of strength last Thursday. 13.26 then going to 14.
HANS 29.85 down 10.4 on huge volume of 45 million shares. Gapped down on earnings.
MOT 23.10. Looks good. Wants to go to 24.6 and the highs.
TNP 48.80 up 1.42. Tankers. Extended.
BGO 5.65 down .03. Higher last week to touch 6. Over 6.33 with volume and wants to go to 7. Fundamental down side is Russian mines.
GILD 61.93 up .60. Wait to go long. Needs more cause.
ORCL 14.62. Building cause for 15.24.
WAG 48.41 down .20. Fundamentally Walgreen's is filling many prescription drugs.
AUY 11.16 up .29. Closed over highs today. Earnings tomorrow. Stay long. Over 12.42 is blue skies to 19 in a year.
INDU 11219 down 21. Light volume pull back. Building cause to go up.
CCMP 2073 down 13.
Dollar 84.53 up .15.
Gold 660.50 up 1.
Silver 12.33 up .07. Strong. Sign of strength last Thursday. 13.26 then going to 14.
HANS 29.85 down 10.4 on huge volume of 45 million shares. Gapped down on earnings.
MOT 23.10. Looks good. Wants to go to 24.6 and the highs.
TNP 48.80 up 1.42. Tankers. Extended.
BGO 5.65 down .03. Higher last week to touch 6. Over 6.33 with volume and wants to go to 7. Fundamental down side is Russian mines.
GILD 61.93 up .60. Wait to go long. Needs more cause.
ORCL 14.62. Building cause for 15.24.
WAG 48.41 down .20. Fundamentally Walgreen's is filling many prescription drugs.
AUY 11.16 up .29. Closed over highs today. Earnings tomorrow. Stay long. Over 12.42 is blue skies to 19 in a year.
Friday, August 04, 2006
20060804 Tom PM
SPX 1279 down 1. Short term can pull back a few points, later next week set to go to 1336.
INDU 11240 down 2. Will be going up.
CCMP 2085 down 7. Going to 2135.
Dollar 84.38 down .42. Broke July 07 swing point. Going lower.
Gold 857.50 up 1.50.
Silver 12.43 down .06.
GTW 1.40 down .19. Stay away.
AAPL 68.30 down 1.29.
AKAM 39.42 down .87. There is a gap to fill at 32.
BKC 13.75 down .04. IPO'd at 17.
GS 152.99 up .89. Had some higher volume at 136, so can go back there. Not a buy here.
FRG 4.62 up .07. Not clear either way.
DRYS 13.30 down .17. 6% dividend. Took off with volume past couple days. Broke abce channel line with conviction (wide price spread and high volume). Wants to go to 17.
INDU 11240 down 2. Will be going up.
CCMP 2085 down 7. Going to 2135.
Dollar 84.38 down .42. Broke July 07 swing point. Going lower.
Gold 857.50 up 1.50.
Silver 12.43 down .06.
GTW 1.40 down .19. Stay away.
AAPL 68.30 down 1.29.
AKAM 39.42 down .87. There is a gap to fill at 32.
BKC 13.75 down .04. IPO'd at 17.
GS 152.99 up .89. Had some higher volume at 136, so can go back there. Not a buy here.
FRG 4.62 up .07. Not clear either way.
DRYS 13.30 down .17. 6% dividend. Took off with volume past couple days. Broke abce channel line with conviction (wide price spread and high volume). Wants to go to 17.
Thursday, August 03, 2006
20060803 Tom PM
SPX 1280 up 1.65 with more volume. Would not be surprised to see 25 point up day after FED meeting next week Tuesday.
INDU 11242 up 42.18.
CCMP 2092 up 13.53.
Dollar 84.80 down .03.
Gold 656.40 down .60.
Silver 12.10 up .01.
PCL 34.18 up .18. In consolidation and will test a little lower. Support at 33 though can test 27.
TOL 27.11 up 1.16. Homebuilders had dead cat bounce today. Can get to 29. Possible short there.
RIG 71.80 down 6.88. Numbers before opened. CEO said new capacity will come online this year.
RHAT 23.10 down .27. Not a long. Late June came down with volume. Today rejected low, which is positive.
BCM.cn 7.48 up .24. Broke to new highs today. 15% owned by SLW. Completed ABC and will now consolidate.
CBJ 3.33. Going to 4.20, then higher.
RF 36.84 up .10. Dividend. Can go a lot higher, to 50 in a year or two.
DESC 4.97 up .42. May be off the bottom.
VOL 44.40 up 2.78. Wait for it, and try to buy at 39.
TNS.cn 1.74 up .01. Overvalued. Can go to 1.28. Being bought by, USGL which is way overvalued.
COSWF 32.72 up .42. Hanging in there after volume a couple days ago. Needs some more volume to break up. Try to buy at 25.
INDU 11242 up 42.18.
CCMP 2092 up 13.53.
Dollar 84.80 down .03.
Gold 656.40 down .60.
Silver 12.10 up .01.
PCL 34.18 up .18. In consolidation and will test a little lower. Support at 33 though can test 27.
TOL 27.11 up 1.16. Homebuilders had dead cat bounce today. Can get to 29. Possible short there.
RIG 71.80 down 6.88. Numbers before opened. CEO said new capacity will come online this year.
RHAT 23.10 down .27. Not a long. Late June came down with volume. Today rejected low, which is positive.
BCM.cn 7.48 up .24. Broke to new highs today. 15% owned by SLW. Completed ABC and will now consolidate.
CBJ 3.33. Going to 4.20, then higher.
RF 36.84 up .10. Dividend. Can go a lot higher, to 50 in a year or two.
DESC 4.97 up .42. May be off the bottom.
VOL 44.40 up 2.78. Wait for it, and try to buy at 39.
TNS.cn 1.74 up .01. Overvalued. Can go to 1.28. Being bought by, USGL which is way overvalued.
COSWF 32.72 up .42. Hanging in there after volume a couple days ago. Needs some more volume to break up. Try to buy at 25.
20060803 Wizard Mid-Day
SLW: still looks great for a hold. I expect to see a bit of consolidation here.
LEN: looks like the market was listening to our show last night. Home builders like the idea of a Fed pause.
DXD: DOW looks OK but this trades on low volitility so we are going to wait for a confirmed up trend to sell.
CDE: same story as SLW
EXM: breakout through the 200 DMA and a "W" formation now. Holding well here.
WFR: getting killed and will look to sell.
AVID: finding resistance so far at the 50 DMA so will hold for now.
LEN: looks like the market was listening to our show last night. Home builders like the idea of a Fed pause.
DXD: DOW looks OK but this trades on low volitility so we are going to wait for a confirmed up trend to sell.
CDE: same story as SLW
EXM: breakout through the 200 DMA and a "W" formation now. Holding well here.
WFR: getting killed and will look to sell.
AVID: finding resistance so far at the 50 DMA so will hold for now.
Wednesday, August 02, 2006
20060802 Tom AM
ZMH 65.81 up 1.61. Has done 100% of the move, so expect retracement.
CBJ 3.33 up .18. Strong. Going up.
RMBS 13.46 down 3.52. Lost patent case.
C 48.31 down .2. Consolidation. Wants to retest 46. July 02 2002 big volume at 22.
KRY 2.83 up .03. Sell. There only mine in Venezuela has political problems.
KBX 2.26 down .01. Wants to go to 3.43.
GBN 1.78 up .06. Fundamentally undervalued.
GG 30.5 up .63. Not a buy here. Price acting like an acquirer.
EK 19.81 up .61. Counter trend bounce to 21 or 22. Will go to 9 in a couple years.
CBJ 3.33 up .18. Strong. Going up.
RMBS 13.46 down 3.52. Lost patent case.
C 48.31 down .2. Consolidation. Wants to retest 46. July 02 2002 big volume at 22.
KRY 2.83 up .03. Sell. There only mine in Venezuela has political problems.
KBX 2.26 down .01. Wants to go to 3.43.
GBN 1.78 up .06. Fundamentally undervalued.
GG 30.5 up .63. Not a buy here. Price acting like an acquirer.
EK 19.81 up .61. Counter trend bounce to 21 or 22. Will go to 9 in a couple years.
Friday, July 28, 2006
20060728 Wizard Mid-day
Unsolicited from the "Wiz".
Friday, Jul. 28, 2006 - 2:05 PM ET
SLW: consolidation here with resistance at $10.00. A failure at that level should be viewed as a reversal signal.
BGO: Acting well here. The next resistance level is the $6.00 level.
STJ: Beautiful.
OVTI: Beginning to rally off the 500 DMA. This play might not work so we will monitor. The stochastics are turning up here.
JBLU: Finding support at the lows of July. The bias is still down but moving higher at these levels is suspect.
CTX: Nice candle so far today and still finding the 50 DMA as solid resistance. Great reward/risk setup.
BZH: This rally looks more promising than CTX. We will watch this as we continue on today for additional strength and a possible stop out.
Friday, Jul. 28, 2006 - 2:05 PM ET
SLW: consolidation here with resistance at $10.00. A failure at that level should be viewed as a reversal signal.
BGO: Acting well here. The next resistance level is the $6.00 level.
STJ: Beautiful.
OVTI: Beginning to rally off the 500 DMA. This play might not work so we will monitor. The stochastics are turning up here.
JBLU: Finding support at the lows of July. The bias is still down but moving higher at these levels is suspect.
CTX: Nice candle so far today and still finding the 50 DMA as solid resistance. Great reward/risk setup.
BZH: This rally looks more promising than CTX. We will watch this as we continue on today for additional strength and a possible stop out.
Monday, July 24, 2006
20060724 Tom PM
SPX 1260.91 up 20.62.
INDU 11051.05 up 182.67.
CCMP 2061.84 up 41.45.
Dollar 86.08 up .41.
Silver 10.95 up .03.
Gold 615.20 up 2. Gold equities touched low with lighter volume.
AMGN 66.87 up .72. May have some upside.
SNDK 40.20 up 2.69. Last week pulled back with some volume. Needs higher volume to break up.
OIH 134.10 up 4.10. Wants to go to 152 to top of trading range.
ALTR 29.76 up .58. Is back up in the range.
EFA 64.02 up 1.14. Ready to break up. Watch how it does with volume going through 64.95. It needs to prove there are buyers.
JNPR 13.77 up .14.
INDU 11051.05 up 182.67.
CCMP 2061.84 up 41.45.
Dollar 86.08 up .41.
Silver 10.95 up .03.
Gold 615.20 up 2. Gold equities touched low with lighter volume.
AMGN 66.87 up .72. May have some upside.
SNDK 40.20 up 2.69. Last week pulled back with some volume. Needs higher volume to break up.
OIH 134.10 up 4.10. Wants to go to 152 to top of trading range.
ALTR 29.76 up .58. Is back up in the range.
EFA 64.02 up 1.14. Ready to break up. Watch how it does with volume going through 64.95. It needs to prove there are buyers.
JNPR 13.77 up .14.
Friday, July 21, 2006
20060721 Tom PM
INDU 10868.38 down 59.72.
CCMP 2020.39 down 19.03.
SPX 1240.29 down 8.84.
Dollar 85.67 down .27.
Gold 621.20 up 1. Consolidation 620 - 677.
Silver 10.86 up .02.
Copper 3.33.
FMCN 64.65 up 1.46. Consolidation, may go to 67. Try to buy on lighter volume at gap at 54.
DOX 36.70 down .10. Gapped away two days ago and gap at 32 will be filled.
FDX 108.49 down .36. Large price spread. Rejected low. Transports have been having trouble.
SCHW 14.70 down .05. Needs more time.
FDG 25.69 down .91. 13.88% dividend. Wait for 24s.
CHAP 65.26 down 1.57. Steels hit the last few days with volume, though this did not have volume down. Last week high with volume. Keep a tight stop if long.
WFR 27.21 down 4.28 with volume. Can go down to 20. They are delinquent on their filings. Don't be long.
HMY 13.75 down .59 on big volume. Will now consolidate 12 - 17.
MSFT 23.87 up 1.02. Big buy back announced this week.
RGLD 27.00 down .76. Can test 25.80.
PMTI 43.80 down 1.28. Can easily retrace.
CCMP 2020.39 down 19.03.
SPX 1240.29 down 8.84.
Dollar 85.67 down .27.
Gold 621.20 up 1. Consolidation 620 - 677.
Silver 10.86 up .02.
Copper 3.33.
FMCN 64.65 up 1.46. Consolidation, may go to 67. Try to buy on lighter volume at gap at 54.
DOX 36.70 down .10. Gapped away two days ago and gap at 32 will be filled.
FDX 108.49 down .36. Large price spread. Rejected low. Transports have been having trouble.
SCHW 14.70 down .05. Needs more time.
FDG 25.69 down .91. 13.88% dividend. Wait for 24s.
CHAP 65.26 down 1.57. Steels hit the last few days with volume, though this did not have volume down. Last week high with volume. Keep a tight stop if long.
WFR 27.21 down 4.28 with volume. Can go down to 20. They are delinquent on their filings. Don't be long.
HMY 13.75 down .59 on big volume. Will now consolidate 12 - 17.
MSFT 23.87 up 1.02. Big buy back announced this week.
RGLD 27.00 down .76. Can test 25.80.
PMTI 43.80 down 1.28. Can easily retrace.
Thursday, July 20, 2006
20060720 Tom PM
INDU 10928.10 down 83.32.
CCMP 2039.42 down 41.29.
SPX 1249.13 down 10.68.
Gold 629.80 down 2.70.
Dollar 85.94 down .24.
MSFT 22.85 down .55. Share repurchase plan.
HON 36.62 down 1.62. Numbers this morning. Last engulfing. This low will be tested again. Last engulfing is confirmed on next trading day by closing up at least a tick.
EXPD 48.33 down 4.34. Going for gap at 43 from May.
FDX 108.13 down 4.32. Last engulfing.
RGLD 27.76 down 1.77. Will push into 26.88 then push back up.
CCMP 2039.42 down 41.29.
SPX 1249.13 down 10.68.
Gold 629.80 down 2.70.
Dollar 85.94 down .24.
MSFT 22.85 down .55. Share repurchase plan.
HON 36.62 down 1.62. Numbers this morning. Last engulfing. This low will be tested again. Last engulfing is confirmed on next trading day by closing up at least a tick.
EXPD 48.33 down 4.34. Going for gap at 43 from May.
FDX 108.13 down 4.32. Last engulfing.
RGLD 27.76 down 1.77. Will push into 26.88 then push back up.
Coal Industry Stocks
BTU Peabody Energy mines coal.
JOYG Joy Global makes mining machinery.
RAIL Frieght Car America makes lighter coal cars.
JOYG Joy Global makes mining machinery.
RAIL Frieght Car America makes lighter coal cars.
Wednesday, July 19, 2006
20060719 Tom PM
INDU 11011.42 up 212.19.
CCMP 2080.71 up 37.49.
SPX 1259.81 up 22.95 with decent volume.
Dollar 86.18 down .55. Bearish engulfing and doji.
Bernanke speech helped market go up.
QCOM numbers down 5 after hours.
AAPL 54.1 up 1.20. Still not back up into trading range.
FCX Buy was at 50.50.
JNPR 14.14 down 18. Not much cause to go up. Not a buy here without a lot of cause.
COMS 4.86 up .30. Wants to go up, has built much longer base.
CCMP 2080.71 up 37.49.
SPX 1259.81 up 22.95 with decent volume.
Dollar 86.18 down .55. Bearish engulfing and doji.
Bernanke speech helped market go up.
QCOM numbers down 5 after hours.
AAPL 54.1 up 1.20. Still not back up into trading range.
FCX Buy was at 50.50.
JNPR 14.14 down 18. Not much cause to go up. Not a buy here without a lot of cause.
COMS 4.86 up .30. Wants to go up, has built much longer base.
Profund Short ETF
QID UltraShort QQQ ProShares
SDS UltraShort S&P 500 ProShares
MZZ UltraShort MidCap 400 ProShares
DXD UltraShort Dow 30 ProShares
SDS UltraShort S&P 500 ProShares
MZZ UltraShort MidCap 400 ProShares
DXD UltraShort Dow 30 ProShares
Tuesday, July 18, 2006
20060718 Tom PM
INDU 10799.23 up 51.87.
CCMP 2043.23 up 5.51.
SPX 1236.86 up 2.37.
Dollar 86.73 up .05.
Gold 632.80 up 3.30.
Silver 10.6 up .08.
Oil
Wide price spreads today.
Bernanke speaks tomorrow.
IBM 74.26 up .56. Numbers tonight. Not a buy yet.
EWJ Will start moving back up.
TRE 7.05 down .23. In trading range.
CVS 31.38 down .27 with big volume. Gap is open at 30.46.
CCMP 2043.23 up 5.51.
SPX 1236.86 up 2.37.
Dollar 86.73 up .05.
Gold 632.80 up 3.30.
Silver 10.6 up .08.
Oil
Wide price spreads today.
Bernanke speaks tomorrow.
IBM 74.26 up .56. Numbers tonight. Not a buy yet.
EWJ Will start moving back up.
TRE 7.05 down .23. In trading range.
CVS 31.38 down .27 with big volume. Gap is open at 30.46.
Monday, July 17, 2006
Wednesday, July 12, 2006
20060712 Tom PM
INDU 11013.18 down 121.59.
CCMP 20990.24 down 38.62.
SPX 1258.62 down 13.9.
Dollar 85.60 up .57.
Gold 653.30 up 2.10.
Price destruction with light volume.
NEM 55.29 down .21. Gave up higher price today. Needs time to build cause to go up.
SCUR 4.99 down 3.08.
OEX 576.96 down 6.72. Highly volatile options contract. There is a weekly closing OEX that Tom will trade on Fridays. The monthly Tom will only trade during the last week of the contract. Need 5x or 10x setup, not a 2x double.
DNA 80.98 down 3.08. Gap at 77.97 to be filled. In a trading range, so consider buying at this second gap. Stop at 75.77.
HOV 27.94 down .47. Keep holding the short. Will be some support at 23. Will go to 17 and maybe 7. There is nothing holding this up.
CTX 47.86 down 2.29 with volume. Home builder with building contractor/supply companies. Was great on the way up and will go down even faster. Big ABC down. Is in worse shape than HOV. Wait for bounce to short.
SHLD 148.37 down 8.08 with volume.
GNSS 10.61 up .39. On weekly, low of 9.75 this week is successful test of July 2004 test because volume was lighter. On daily can test May 03 2006 12.72.
LBIX 6.65 down .22. Build base at 2.56. Decent chart. Has done parabolic move up with volume. Broke above highs from 2000 and 19995. Look to buy at 3.74. May not get below 5.
GSS 3.09 up .06. Stronger than other golds.
GLG 37.44 down .61. Had volume and gave up price. Will test 36.25.
GILD 61.79 up .03. Wants to test 66.20 high, though it has already made most of the move. Up on a down day today.
ZHNE 1.98 down .05. Has acted okay the past month, so has not had time to build cause to go up a lot.
CCMP 20990.24 down 38.62.
SPX 1258.62 down 13.9.
Dollar 85.60 up .57.
Gold 653.30 up 2.10.
Price destruction with light volume.
NEM 55.29 down .21. Gave up higher price today. Needs time to build cause to go up.
SCUR 4.99 down 3.08.
OEX 576.96 down 6.72. Highly volatile options contract. There is a weekly closing OEX that Tom will trade on Fridays. The monthly Tom will only trade during the last week of the contract. Need 5x or 10x setup, not a 2x double.
DNA 80.98 down 3.08. Gap at 77.97 to be filled. In a trading range, so consider buying at this second gap. Stop at 75.77.
HOV 27.94 down .47. Keep holding the short. Will be some support at 23. Will go to 17 and maybe 7. There is nothing holding this up.
CTX 47.86 down 2.29 with volume. Home builder with building contractor/supply companies. Was great on the way up and will go down even faster. Big ABC down. Is in worse shape than HOV. Wait for bounce to short.
SHLD 148.37 down 8.08 with volume.
GNSS 10.61 up .39. On weekly, low of 9.75 this week is successful test of July 2004 test because volume was lighter. On daily can test May 03 2006 12.72.
LBIX 6.65 down .22. Build base at 2.56. Decent chart. Has done parabolic move up with volume. Broke above highs from 2000 and 19995. Look to buy at 3.74. May not get below 5.
GSS 3.09 up .06. Stronger than other golds.
GLG 37.44 down .61. Had volume and gave up price. Will test 36.25.
GILD 61.79 up .03. Wants to test 66.20 high, though it has already made most of the move. Up on a down day today.
ZHNE 1.98 down .05. Has acted okay the past month, so has not had time to build cause to go up a lot.
Tuesday, July 11, 2006
China
Tony writes a newsletter. He says,
Here are some of the companies I’m watching right now ...
Aluminum Corporation of China (NYSE:ACH) is the largest producer of aluminum in China (and the only producer of alumina).
Jiangxi Copper (OTCBB: JIXAY) is in the cat bird’s seat because China’s growing power transmission network means strong demand for highly conductive metal.
Yanzhou Coal Mining (NYSE: YZC) operates six coal mines in China with 1968 million tonnes of proven reserves. Plus, the company provides valuable rail transportation services.
Swire Pacifica (Hong Kong: 0019) is best known for its Cathay Pacific airline. But the company also operates Shekou Container Terminals, one of the fast-growing ports in South China.
Guangshen Railway (NYSE: GSH) operates the main passenger and freight railroad between Guangzhou and Shenzhen — two of the primary manufacturing cities in China — and Hong Kong.
Here are some of the companies I’m watching right now ...
Aluminum Corporation of China (NYSE:ACH) is the largest producer of aluminum in China (and the only producer of alumina).
Jiangxi Copper (OTCBB: JIXAY) is in the cat bird’s seat because China’s growing power transmission network means strong demand for highly conductive metal.
Yanzhou Coal Mining (NYSE: YZC) operates six coal mines in China with 1968 million tonnes of proven reserves. Plus, the company provides valuable rail transportation services.
Swire Pacifica (Hong Kong: 0019) is best known for its Cathay Pacific airline. But the company also operates Shekou Container Terminals, one of the fast-growing ports in South China.
Guangshen Railway (NYSE: GSH) operates the main passenger and freight railroad between Guangzhou and Shenzhen — two of the primary manufacturing cities in China — and Hong Kong.
20060711 Tom PM
INDU 11134.77 up 31.22.
CCMP 2128.86 up 11.93.
SPX 1272.52 up 5.18.
QQQQ 37.64 up .28.
Gold 643.
Silver 11.54.
Copper 3.62.
Oil 74.06.
Dollar failed.
Markets have made a short term bottom. Rejected lows and back inside trading range.
KLAC 42.56 up 3.23. Intra-day good news. Stay long.
VGZ 10.23 up .94. Going to 12 right now.
SSRI 20.67 up .77. ABC up. Will break B at 20.72 tomorrow. Going to the May 12 gap down day at 22.50.
AUY 10.09 up .51. ABC up. Look for 10.40 tomorrow with over three million shares and it will go into May 12 gap.
OVTI 19.26 up .51. Has work to do.
AMLN 51.21 up 1.11. Broke topside today. Wait for retracement to buy at 49.84. First can go to 59.
ICOS 21.02 up .09. Can run to 22.95.
GILD 61.76 up .16. Up today and did not hold price. Ready for a pull back to build more cause.
CCMP 2128.86 up 11.93.
SPX 1272.52 up 5.18.
QQQQ 37.64 up .28.
Gold 643.
Silver 11.54.
Copper 3.62.
Oil 74.06.
Dollar failed.
Markets have made a short term bottom. Rejected lows and back inside trading range.
KLAC 42.56 up 3.23. Intra-day good news. Stay long.
VGZ 10.23 up .94. Going to 12 right now.
SSRI 20.67 up .77. ABC up. Will break B at 20.72 tomorrow. Going to the May 12 gap down day at 22.50.
AUY 10.09 up .51. ABC up. Look for 10.40 tomorrow with over three million shares and it will go into May 12 gap.
OVTI 19.26 up .51. Has work to do.
AMLN 51.21 up 1.11. Broke topside today. Wait for retracement to buy at 49.84. First can go to 59.
ICOS 21.02 up .09. Can run to 22.95.
GILD 61.76 up .16. Up today and did not hold price. Ready for a pull back to build more cause.
Thursday, July 06, 2006
20060706 Tom PM
INDU 11225.30 up 73.48.
CCMP 2155.09 up 1.75.
SPX 1274.08 up 3.17.
XAU 147.67 up 1.71. Sideways move. Building strength for 157.
CTCI 24.47 up 1.23. Hasn't pulled back since 13. Beautiful chart. Wait for a pull back to buy at 19.
OII 44.50 down 1.55. Wait a little longer to buy at 42.5 at the breakout area. 36 is open.
VZ 33.02 up .14. 5% dividend. Consolidation. Wants to go to 39.
VGZ 9.46 down .09. Option on gold. They own land that will be developed when price of gold rises.
PTC 13.01 up .69. Not yet has cause to go up.
AUY 10.17 up .17. Watch how it behaves at 11.50, and maybe lighten up.
APC 47.20 up .46. Rejected bottom so wants to test top. Later will go lower.
CMN 14.80 up .70. Action. If it gets volume then can test 18.
BSX 15.75 down .44. Too late to go short.
HANS 210. Volume coming in. Wants to go higher.
AZK 2.85 down .05. News. Tom owns.
NXG 3.88 up .01. Wants to go to May 12 gap. Watch that date for all gold equities.
CCMP 2155.09 up 1.75.
SPX 1274.08 up 3.17.
XAU 147.67 up 1.71. Sideways move. Building strength for 157.
CTCI 24.47 up 1.23. Hasn't pulled back since 13. Beautiful chart. Wait for a pull back to buy at 19.
OII 44.50 down 1.55. Wait a little longer to buy at 42.5 at the breakout area. 36 is open.
VZ 33.02 up .14. 5% dividend. Consolidation. Wants to go to 39.
VGZ 9.46 down .09. Option on gold. They own land that will be developed when price of gold rises.
PTC 13.01 up .69. Not yet has cause to go up.
AUY 10.17 up .17. Watch how it behaves at 11.50, and maybe lighten up.
APC 47.20 up .46. Rejected bottom so wants to test top. Later will go lower.
CMN 14.80 up .70. Action. If it gets volume then can test 18.
BSX 15.75 down .44. Too late to go short.
HANS 210. Volume coming in. Wants to go higher.
AZK 2.85 down .05. News. Tom owns.
NXG 3.88 up .01. Wants to go to May 12 gap. Watch that date for all gold equities.
Wednesday, July 05, 2006
Gold Funds
American Century Global Gold Fund BGEIX
U.S. Global Investors World Precious Minerals UNWPX
Scudder Gold & Precious Metals SGLDX
Tocqueville Gold TGLDX
U.S. Global Investors World Precious Minerals UNWPX
Scudder Gold & Precious Metals SGLDX
Tocqueville Gold TGLDX
Monday, June 26, 2006
Shorting In IRA Account
Typically IRA accounts do not have margin, so they can not short stocks. These ETFs trade as stocks, so they will be accessible in an IRA account.
ProShares Launches Eight Innovative ETFs to Trade on the American Stock Exchange
NEW YORK, June 21 /PRNewswire/ -- ProShares, together with The American Stock Exchange(R) (Amex(R)), today announced the launch of eight new innovative exchange traded funds (ETFs) designed to make it easier for investors to get short or magnified exposure to an index.
Four Short ProShares are the first ETFs designed to provide short exposure to well-known market indexes, seeking daily investment results that correspond to the inverse of those indexes, before fees and expenses. Four Ultra ProShares are the first ETFs designed to magnify daily index performance. They seek daily investment results that correspond to twice the performance of their underlying indexes, before fees and expenses.
ProShares Launches Eight Innovative ETFs to Trade on the American Stock Exchange
NEW YORK, June 21 /PRNewswire/ -- ProShares, together with The American Stock Exchange(R) (Amex(R)), today announced the launch of eight new innovative exchange traded funds (ETFs) designed to make it easier for investors to get short or magnified exposure to an index.
Four Short ProShares are the first ETFs designed to provide short exposure to well-known market indexes, seeking daily investment results that correspond to the inverse of those indexes, before fees and expenses. Four Ultra ProShares are the first ETFs designed to magnify daily index performance. They seek daily investment results that correspond to twice the performance of their underlying indexes, before fees and expenses.
Thursday, June 22, 2006
20060622 Tom PM
INDU 11019.11 down 60.35.
SPX 1245.60 down 6.60. Confluence 1260.
CCMP 2122.98 down 18.22. Lighter volume. Confluence 2149.
Gold 584.
Dollar 86.01 up .67. Is pushing around everything.
AL 43.29 down .47. Nice set up. Tom looking at a couple of these aluminums.
HSIC 45.15 down .67. Can go back to 42 or 40.
HOLX 48.76 up 7.47. Sell here.
BOOM 31.94 up .79. Nice setup. Had sign of strength. Broke down channel June 02 and gapped up to 31 and 33. Came back to gap on lighter volume. Going to 34.62.
MED 16.35 down 4.55. Volume off the top. Do not buy.
SPX 1245.60 down 6.60. Confluence 1260.
CCMP 2122.98 down 18.22. Lighter volume. Confluence 2149.
Gold 584.
Dollar 86.01 up .67. Is pushing around everything.
AL 43.29 down .47. Nice set up. Tom looking at a couple of these aluminums.
HSIC 45.15 down .67. Can go back to 42 or 40.
HOLX 48.76 up 7.47. Sell here.
BOOM 31.94 up .79. Nice setup. Had sign of strength. Broke down channel June 02 and gapped up to 31 and 33. Came back to gap on lighter volume. Going to 34.62.
MED 16.35 down 4.55. Volume off the top. Do not buy.
Tuesday, June 20, 2006
BRIC Index
After emerging markets shake out, this might be useful.
NEW YORK (Dow Jones)--As investors continue to expand their horizons into emerging market economies, Standard & Poor's announced Tuesday the launch of an index that tracks some of the largest companies from the so-called BRIC countries, Brazil, Russia, India and China.
The S&P BRIC 40 Index, which is calculated in U.S. dollar and euro terms, includes the largest and most liquid BRIC companies traded in international exchanges such as the New York Stock Exchange, Nasdaq, the London Stock Exchange and the Hong Kong Stock Exchange.
NEW YORK (Dow Jones)--As investors continue to expand their horizons into emerging market economies, Standard & Poor's announced Tuesday the launch of an index that tracks some of the largest companies from the so-called BRIC countries, Brazil, Russia, India and China.
The S&P BRIC 40 Index, which is calculated in U.S. dollar and euro terms, includes the largest and most liquid BRIC companies traded in international exchanges such as the New York Stock Exchange, Nasdaq, the London Stock Exchange and the Hong Kong Stock Exchange.
Friday, June 16, 2006
20060616 Tom PM
INDU 11014.55 down .64.
CCMP 2129.95 down 14.20.
SPX 1251.54 down 4.62. Action was yesterday, set up B to C.
Gold 582.90 up 1.20.
Silver 0.215 up .085.
Copper 3.28
Insider selling tells a lot more than insider buying. Company may be financing the buys.
DXPE 34.16 down 1.8. Coming down with too much volume. Wait to buy.
BBH 174.01 up .25. Getting ready to go up.
AMGN 66.82 down .62. Looks like a long.
SHLD 155.27 down 1.78. Is above a gap up, so hard to buy this here. In consolidation and can go a few dollars higher.
RIO 21.79 down .48. 2.5% dividend. Looks good as a long. Will be resistance at 24.39.
AVNR 6.21 down .79. Volume picking up.
CCMP 2129.95 down 14.20.
SPX 1251.54 down 4.62. Action was yesterday, set up B to C.
Gold 582.90 up 1.20.
Silver 0.215 up .085.
Copper 3.28
Insider selling tells a lot more than insider buying. Company may be financing the buys.
DXPE 34.16 down 1.8. Coming down with too much volume. Wait to buy.
BBH 174.01 up .25. Getting ready to go up.
AMGN 66.82 down .62. Looks like a long.
SHLD 155.27 down 1.78. Is above a gap up, so hard to buy this here. In consolidation and can go a few dollars higher.
RIO 21.79 down .48. 2.5% dividend. Looks good as a long. Will be resistance at 24.39.
AVNR 6.21 down .79. Volume picking up.
Thursday, June 15, 2006
Gold Believer
From jsmineset.com:
Posted On: Thursday, June 15, 2006, 6:04:00 PM EST
A Special Offer Continued
Author: Jim Sinclair
A Special Offer - Comet Bob Hall
Bob Hall believes in random acts of kindness - a most refreshing experience. I would like to reciprocate to all the readers that feel they need to have a helping hand in these wild times.
If the pressure of the market is getting to be too much, email or fax me your phone number and available times for me to call you.
I promise I will call you.
You have all my experience and years of involvement available to you in the same mode as Comet Bob Hall showed me today.
Posted On: Thursday, June 15, 2006, 6:04:00 PM EST
A Special Offer Continued
Author: Jim Sinclair
A Special Offer - Comet Bob Hall
Bob Hall believes in random acts of kindness - a most refreshing experience. I would like to reciprocate to all the readers that feel they need to have a helping hand in these wild times.
If the pressure of the market is getting to be too much, email or fax me your phone number and available times for me to call you.
I promise I will call you.
You have all my experience and years of involvement available to you in the same mode as Comet Bob Hall showed me today.
20060615 Tom PM
INDU 11015 up 198. Strongest index because a couple days ago did not get below January low.
SPX 1256 up 26. Big price spread. Cash closed just below 200 day moving average. Tomorrow the future should jump the creek.
CCMP 2144 up 58. 2189 is January 3rd breakout.
Quadruple option expire tomorrow.
Market ARMS reading from this week says sold bottom was established.
The first retracement will be crucial.
NEM 50.51 up 1.92. Looks good.
NDX 1573.08 up 42.82. Watch how it goes through 1600, and watch the first retracement.
DNA 78.23 up .37. March 17 at 88 has high volume. Weekly looks nice.
AZK 2.53 up .19. Miner. NXG buying this out in hostile takeover, today buyout price would be 2.38. Tom owns.
Bud:
5 day ARMS said we were at a bottom.
FCX 49.04 up 3.34.
PGR 27.01 up .62. Good looking, been building cause since January. 27.38 has tough time pushing through January 28 volume down day. Like this chart.
SLW 7.95 up .65. Can buy on next retracement. Try to get close to 7.30.
SPX 1256 up 26. Big price spread. Cash closed just below 200 day moving average. Tomorrow the future should jump the creek.
CCMP 2144 up 58. 2189 is January 3rd breakout.
Quadruple option expire tomorrow.
Market ARMS reading from this week says sold bottom was established.
The first retracement will be crucial.
NEM 50.51 up 1.92. Looks good.
NDX 1573.08 up 42.82. Watch how it goes through 1600, and watch the first retracement.
DNA 78.23 up .37. March 17 at 88 has high volume. Weekly looks nice.
AZK 2.53 up .19. Miner. NXG buying this out in hostile takeover, today buyout price would be 2.38. Tom owns.
Bud:
5 day ARMS said we were at a bottom.
FCX 49.04 up 3.34.
PGR 27.01 up .62. Good looking, been building cause since January. 27.38 has tough time pushing through January 28 volume down day. Like this chart.
SLW 7.95 up .65. Can buy on next retracement. Try to get close to 7.30.
Tuesday, June 13, 2006
20060613 Tom PM
INDU 10706.14 down 66.44.
SPX 1223.69 down 12.71.
CCMP 2072.47 down 18.85.
Gold 566.7. Down huge today. Did more than 1:1.618 on the way down. Correction is over. Bigger trend had volume at the top, so this is not the end of the move up. Set up to run for 1200.
Silver 9.59.
Financials took a hit.
Bud:
Gold stocks many confirmed ABC down. Every gold stock is different. May be reaction bounce this week.
MTZ 12.56 down .15. Let it test 12.28 from January before buying. May see 11.31.
SPX 1223.69 down 12.71.
CCMP 2072.47 down 18.85.
Gold 566.7. Down huge today. Did more than 1:1.618 on the way down. Correction is over. Bigger trend had volume at the top, so this is not the end of the move up. Set up to run for 1200.
Silver 9.59.
Financials took a hit.
Bud:
Gold stocks many confirmed ABC down. Every gold stock is different. May be reaction bounce this week.
MTZ 12.56 down .15. Let it test 12.28 from January before buying. May see 11.31.
Monday, June 12, 2006
20060612 Tom PM
INDU 19792.18 down 99.74.
SPX 1236.40 down 15.90.
CCMP 2091.32 down 43.74.
Gold 608.30 down 3. Can hit 606. Lighter volume.
TIE 31.25 down 3.08. Don't buy yet.
DO 73.75 down 3.24. Will test February 15 low tomorrow, then will go into consolidation.
HAL 70.41 down 2.20. Wants to go to 67.
SPY 124.1 down 1.25.
AUY 8.48 down .51. Want to see it test low tomorrow then close higher.
AZK 2.52 down .13.
NEM 48.52 down .79.
NKE 81.13. Watch to short at 83.10.
SWC 11.14 down .88. Broke low of last Thursday.
Gm 25.78 up .43. Going up the other side.
CBJ 2.70 down .11.
EZM 2.19 down .15. Looks like will go back up.
KRY 3.04 down .81. Venezueala political issues.
GLG 31.60 down 1.76.
SPX 1236.40 down 15.90.
CCMP 2091.32 down 43.74.
Gold 608.30 down 3. Can hit 606. Lighter volume.
TIE 31.25 down 3.08. Don't buy yet.
DO 73.75 down 3.24. Will test February 15 low tomorrow, then will go into consolidation.
HAL 70.41 down 2.20. Wants to go to 67.
SPY 124.1 down 1.25.
AUY 8.48 down .51. Want to see it test low tomorrow then close higher.
AZK 2.52 down .13.
NEM 48.52 down .79.
NKE 81.13. Watch to short at 83.10.
SWC 11.14 down .88. Broke low of last Thursday.
Gm 25.78 up .43. Going up the other side.
CBJ 2.70 down .11.
EZM 2.19 down .15. Looks like will go back up.
KRY 3.04 down .81. Venezueala political issues.
GLG 31.60 down 1.76.
Friday, June 09, 2006
20060609 Tom PM
SPX Yesterday hit low of 1235 with volume then recovered at end of day. That was a selling climax. Expect 1290 to 1295 then need light volume retest to prove this is a short term bottom.
SNR Does not look good. Not a buy here.
DROOY Hold.
HSR Rocket ship. Did what it should do on the long side.
FDX Hasn't tested yesterday low. Needs more work.
RIG 73.30 yesterday. May need to test 70. Consolidation up to 89.90.
CUP Volatile. Recent takeover news. Let it come back to breaout of 3.54 with lighter volume before buying.
SNR Does not look good. Not a buy here.
DROOY Hold.
HSR Rocket ship. Did what it should do on the long side.
FDX Hasn't tested yesterday low. Needs more work.
RIG 73.30 yesterday. May need to test 70. Consolidation up to 89.90.
CUP Volatile. Recent takeover news. Let it come back to breaout of 3.54 with lighter volume before buying.
Wednesday, June 07, 2006
20060607 Matt
Major indices closed lower, after big down day yesterday. Closed off the lows for the day. Light volume yesterday and today.
Metals down significantly.
Crude down .10, so holding price above 70 and 72.
BAP 28.20. Down 3% on average volume. Long term nice chart. Peru financial services and bank. Dividend 3.7%. Look to buy around 26.
CTCI Domestic telecom. Doesn't trade much. Under the radar.
HOC 43.01. Oil and gas. Last week all time high. Buy around 40.
ETP 44.48. 5.2% dividend. Oil and gas. Buy lower 40s.
VFC Near all time high.
PCAR 77.25 up .70. Has held up well.
PBJ Powershares food and beverage ETF.
GGY 35.10. 3.7% dividend. Very light daily volume. French oil technology.
EN 45.66 up .77. 12.7% dividend? Foreign utility in Italy, electricity and natural gas. Volume coming in last few weeks.
HOM Momentum play. Falling. Very oversold, still not a buy.
JSDA 10.31 up .31. Jones soda. Maybe buy at 9.50.
Metals down significantly.
Crude down .10, so holding price above 70 and 72.
BAP 28.20. Down 3% on average volume. Long term nice chart. Peru financial services and bank. Dividend 3.7%. Look to buy around 26.
CTCI Domestic telecom. Doesn't trade much. Under the radar.
HOC 43.01. Oil and gas. Last week all time high. Buy around 40.
ETP 44.48. 5.2% dividend. Oil and gas. Buy lower 40s.
VFC Near all time high.
PCAR 77.25 up .70. Has held up well.
PBJ Powershares food and beverage ETF.
GGY 35.10. 3.7% dividend. Very light daily volume. French oil technology.
EN 45.66 up .77. 12.7% dividend? Foreign utility in Italy, electricity and natural gas. Volume coming in last few weeks.
HOM Momentum play. Falling. Very oversold, still not a buy.
JSDA 10.31 up .31. Jones soda. Maybe buy at 9.50.
Sunday, June 04, 2006
Friday, June 02, 2006
20060602 Tom PM
SPX 1288.22 up 2.51.
INDU 11247.87
CCMP
Gold
Oil
JNPR 16.95 down .52. Needs to build cause to go higher. Resistance at 16.98. Will go to 18.
GOOG 379.44 down 3.18. Today got over swing point and closed under swing point, so will take some heat to 366, then will go back up.
PTSC 1.37 up .35. Action. 1.61 is wide open then will need some time to build cause for move up. Breaks 2.25 with volume this year then can go much higher.
CIEN 4.65 up .16. Let it come back and watch the volume before buying around 4.30.
PMCS 9.98 down .17. Had volume at 13.77 in April. Buy around 9.47. Can go to 9.17.
AUY Wants to run back up.
SIGM 12.50 down .04. Not a long. Gave it up yesterday.
RGLD 28.50 up .41. Wants to go to 38.
CCJ 43.50 up 1.16.
BAP 29.59 up 2.09. 3% dividend. Broke out today.
PPHM 1.83 up .27. Broke out today. Can still go higher. Volume may come in tomorrow. Not much resistance overhead. Nice setup. Cause built since August 2004. Going to 2.83.
ERS 18.81 down .49.
AUY 10.14 up .18.
INDU 11247.87
CCMP
Gold
Oil
JNPR 16.95 down .52. Needs to build cause to go higher. Resistance at 16.98. Will go to 18.
GOOG 379.44 down 3.18. Today got over swing point and closed under swing point, so will take some heat to 366, then will go back up.
PTSC 1.37 up .35. Action. 1.61 is wide open then will need some time to build cause for move up. Breaks 2.25 with volume this year then can go much higher.
CIEN 4.65 up .16. Let it come back and watch the volume before buying around 4.30.
PMCS 9.98 down .17. Had volume at 13.77 in April. Buy around 9.47. Can go to 9.17.
AUY Wants to run back up.
SIGM 12.50 down .04. Not a long. Gave it up yesterday.
RGLD 28.50 up .41. Wants to go to 38.
CCJ 43.50 up 1.16.
BAP 29.59 up 2.09. 3% dividend. Broke out today.
PPHM 1.83 up .27. Broke out today. Can still go higher. Volume may come in tomorrow. Not much resistance overhead. Nice setup. Cause built since August 2004. Going to 2.83.
ERS 18.81 down .49.
AUY 10.14 up .18.
Thursday, June 01, 2006
Inverse Dollar Fund, VXF, Waive SEC Rules
FDPIX
VXF 96.65. "VANGUARD EXTENDED MARKET VIPERS". Nice way to play the market bounce.
BusinessWeek has published a story that says the President has delegated his authority to waive SEC reporting rules.
VXF 96.65. "VANGUARD EXTENDED MARKET VIPERS". Nice way to play the market bounce.
BusinessWeek has published a story that says the President has delegated his authority to waive SEC reporting rules.
20060501 Tom PM
INDU 11260.28 up 91.97.
SPX 1285.71 up 15.62.
CCMP 2219.86 up 40.98.
Gold 634.30.
XAU 141.69 down .91. Will go to 145 soon.
Silver 11.99.
Oil 70.16.
Market is going up.
CSCO 20.50 up .82.
AAPL 62.17 up 2.4. Rejected low from March.
MOVI 5.21 up .22. Good set up, though only has cause since February.
TYC 27.74 up .63. Resistance at 28.05.
MSA 41.68 up .47. Has done everything it needed to do at the bottom. Consolidation. Will run up into gap.
TRE 7.07 down .11. Tom owns. Consolidation.
BIIB 48.12 up 1.49. Going to 50.72 then 53. Buy the retracement, biotechs are going.
DNA 82.61 down .35. Like the setup, ready to go. Will try to go to 88.
IDIX 9.21 up .18. Can bounce to 13.35. Resistance at 10.88.
RGLD 28.09 down .19. Tom owns. Put in low today. Wants to go to 38.
COL.cn .45. Interview with Chris.
AGT .48 down .02. Consolidation. There are better gold longs.
MA 47.51 up 2.57. Mastercard, new issue last week.
NTRI 30% short interest. Not a short.
NEW Not a short.
PCU 85.70 up .55. Copper was limit down this morning and this closed up, so is strong. Will go to 89-90.
SPX 1285.71 up 15.62.
CCMP 2219.86 up 40.98.
Gold 634.30.
XAU 141.69 down .91. Will go to 145 soon.
Silver 11.99.
Oil 70.16.
Market is going up.
CSCO 20.50 up .82.
AAPL 62.17 up 2.4. Rejected low from March.
MOVI 5.21 up .22. Good set up, though only has cause since February.
TYC 27.74 up .63. Resistance at 28.05.
MSA 41.68 up .47. Has done everything it needed to do at the bottom. Consolidation. Will run up into gap.
TRE 7.07 down .11. Tom owns. Consolidation.
BIIB 48.12 up 1.49. Going to 50.72 then 53. Buy the retracement, biotechs are going.
DNA 82.61 down .35. Like the setup, ready to go. Will try to go to 88.
IDIX 9.21 up .18. Can bounce to 13.35. Resistance at 10.88.
RGLD 28.09 down .19. Tom owns. Put in low today. Wants to go to 38.
COL.cn .45. Interview with Chris.
AGT .48 down .02. Consolidation. There are better gold longs.
MA 47.51 up 2.57. Mastercard, new issue last week.
NTRI 30% short interest. Not a short.
NEW Not a short.
PCU 85.70 up .55. Copper was limit down this morning and this closed up, so is strong. Will go to 89-90.
Monday, May 29, 2006
German Investment
FRANKFURT, May 29 (Reuters) - Demag Cranes is putting the final touches to an initial public offering that will lead to a Frankfurt stock exchange listing on June 20, financial sources close to the matter told Reuters on Monday.
By Chris Nuttall in San Francisco
Monday May 29 2006 14:15
Advanced Micro Devices (NYSE:AMD) said on Monday it was investing $2.5bn in a German chip factory in a move to expand its capacity and grab more market share from its rival Intel (NASDAQ:INTC).
By Chris Nuttall in San Francisco
Monday May 29 2006 14:15
Advanced Micro Devices (NYSE:AMD) said on Monday it was investing $2.5bn in a German chip factory in a move to expand its capacity and grab more market share from its rival Intel (NASDAQ:INTC).
Friday, May 12, 2006
20060512 Tom PM
INDU 11380.99 down 119.74.
SPX 1291.24 down 14.68.
CCMP 2243.78 down 28.92. Is back to January 03 breakout.
Gold Hit swing point from 1980. Now retracing. Will go back to 615 or high 500s. Volume in equities at the highs.
Bonds 105.14. Closed at low. Going to 100.
Biotechs had some strength today.
NDX 1635.81 down 21.67.
QQQQ 40.19 down .55. January 03, November 10.
ANSS 55.04 down .57. Will test 53.80. Buy at 49.13 if volume lighter.
GLD 71.12 up .09.
BGO 5.58 down .39. Russia risk. Buy back around 4.68.
TSCM 11.34 down .48. Wait for retracement to at least 9.93.
RTY 742.40 down 15.07. 733 is next price.
UNH 45.84 up 1.47. Can bounce to 49.32.
RIG 84.36 down 3.30. Wants to go to 70. Wait for bounce to short.
OMRI 13.95 up .45. New issue. Biotech, may buy here.
HL 5.46 down .59. Look to buy at 4.37. Going to 9.45 in a few years.
GBN 1.99 down .13. Wait to buy.
PRST 10.44 down .71. Consolidation 8.76 - 12.
TGB 3.32 down .26. Can test 2.20s.
KLAC 46.62 down .44. Needs to hold 45.33. SMHs held up well in this market.
SPX 1291.24 down 14.68.
CCMP 2243.78 down 28.92. Is back to January 03 breakout.
Gold Hit swing point from 1980. Now retracing. Will go back to 615 or high 500s. Volume in equities at the highs.
Bonds 105.14. Closed at low. Going to 100.
Biotechs had some strength today.
NDX 1635.81 down 21.67.
QQQQ 40.19 down .55. January 03, November 10.
ANSS 55.04 down .57. Will test 53.80. Buy at 49.13 if volume lighter.
GLD 71.12 up .09.
BGO 5.58 down .39. Russia risk. Buy back around 4.68.
TSCM 11.34 down .48. Wait for retracement to at least 9.93.
RTY 742.40 down 15.07. 733 is next price.
UNH 45.84 up 1.47. Can bounce to 49.32.
RIG 84.36 down 3.30. Wants to go to 70. Wait for bounce to short.
OMRI 13.95 up .45. New issue. Biotech, may buy here.
HL 5.46 down .59. Look to buy at 4.37. Going to 9.45 in a few years.
GBN 1.99 down .13. Wait to buy.
PRST 10.44 down .71. Consolidation 8.76 - 12.
TGB 3.32 down .26. Can test 2.20s.
KLAC 46.62 down .44. Needs to hold 45.33. SMHs held up well in this market.
Thursday, May 11, 2006
20060512 Marc with Harry
Market sold off with huge volume.
Gold 26 year high.
Gold making a top.
MOVI 4.83. Up 52%. Gapped up. There will be sellers at 5.75.
Harry:
Day after fed announcement is the day to watch. Today was ominous.
Gold and silver stocks going down while metals are going up. Stocks are anticipating correction in metal prices.
PAAS Looks terrible, though short term oversold.
HSTM 4.63. Held up, consolidation. Must stay above 4.20.
SIFY Trailing REDF.
REDF Harry chart of week. Broke three month downtrend with increasing volume.
BIDU Harry chart of week.
AMD Dangerous. Risk going down to 25 on a retracement. Today was a very bad day. Price got ahead of itself. Don't try to pick a bottom here.
OTIV Consider buy at 10 or 11.
ASVI Possible short. Ugly.
CER[MN] 37.31. Beauty short. Looks lower to the high 20s.
FFIV Nasty looking chart.
Gold 26 year high.
Gold making a top.
MOVI 4.83. Up 52%. Gapped up. There will be sellers at 5.75.
Harry:
Day after fed announcement is the day to watch. Today was ominous.
Gold and silver stocks going down while metals are going up. Stocks are anticipating correction in metal prices.
PAAS Looks terrible, though short term oversold.
HSTM 4.63. Held up, consolidation. Must stay above 4.20.
SIFY Trailing REDF.
REDF Harry chart of week. Broke three month downtrend with increasing volume.
BIDU Harry chart of week.
AMD Dangerous. Risk going down to 25 on a retracement. Today was a very bad day. Price got ahead of itself. Don't try to pick a bottom here.
OTIV Consider buy at 10 or 11.
ASVI Possible short. Ugly.
CER[MN] 37.31. Beauty short. Looks lower to the high 20s.
FFIV Nasty looking chart.
Wednesday, May 10, 2006
20060510 Marc
FOMC met and raised rates.
HANS Going higher.
ENER Up 5.60. Going higher, looking for 59.60.
Jewels Marshon.
NUAN Down 1.39. Harry Boxer favorite.
OVTI Could be topping.
ZOLT Up 20% after hours.
IRIS Could be coming off bottom, or not. Not high probability long.
GNTA Down .13. Broke down today. Ugly.
IFN India fund. Buy a pullback.
HANS Going higher.
ENER Up 5.60. Going higher, looking for 59.60.
Jewels Marshon.
NUAN Down 1.39. Harry Boxer favorite.
OVTI Could be topping.
ZOLT Up 20% after hours.
IRIS Could be coming off bottom, or not. Not high probability long.
GNTA Down .13. Broke down today. Ugly.
IFN India fund. Buy a pullback.
Tuesday, May 09, 2006
Easy Commodity Investing
These trade like stocks.
Silver SLV
Gold GLD IAU
Oil USO
GDM becoming an ETF will affect the stocks it contains.
The Amex Goldminer’s Index (AMEX: GDM) is a market cap weighted index of gold and silver producers that are listed on the AMEX and NYSE. GDM is about to become an ETF.
Silver SLV
Gold GLD IAU
Oil USO
GDM becoming an ETF will affect the stocks it contains.
The Amex Goldminer’s Index (AMEX: GDM) is a market cap weighted index of gold and silver producers that are listed on the AMEX and NYSE. GDM is about to become an ETF.
Saturday, May 06, 2006
Ideas
PSPFX 19.00. US GLOBAL INVESTORS FUNDS US GLOBAL. Has been on a tear the past couple months from 15 1/2.
Friday, May 05, 2006
Consolidated-Tomoka Land Co.
Activist fund manager makes a move
Wintergreen Advisers takes large stake in Florida property developer
By Jonathan Burton, MarketWatch
Last Update: 2:35 PM ET May 5, 2006
SAN FRANCISCO (MarketWatch) -- Mutual-fund manager David Winters, known as an activist shareholder, is stirring up a small Florida real-estate company.
Wintergreen Advisers LLC, a Mountain Lakes, N.J.-based money manager that oversees the Wintergreen Fund (WGRNX), filed a Schedule 13D late Thursday with the Securities and Exchange Commission disclosing a 12.3% stake in Consolidated-Tomoka Land Co. (CTO ), a Daytona Beach, Fla.-based property developer with a market value of about $354 million.
Wintergreen Advisers takes large stake in Florida property developer
By Jonathan Burton, MarketWatch
Last Update: 2:35 PM ET May 5, 2006
SAN FRANCISCO (MarketWatch) -- Mutual-fund manager David Winters, known as an activist shareholder, is stirring up a small Florida real-estate company.
Wintergreen Advisers LLC, a Mountain Lakes, N.J.-based money manager that oversees the Wintergreen Fund (WGRNX), filed a Schedule 13D late Thursday with the Securities and Exchange Commission disclosing a 12.3% stake in Consolidated-Tomoka Land Co. (CTO ), a Daytona Beach, Fla.-based property developer with a market value of about $354 million.
Monday, May 01, 2006
20060501 Tom PM
INDU 11343.29 down 23.85. Down on volume. 11260 is open for a test.
SPX 1305.19 down 5.42. Down on volume. 1285 is open for a test.
CCMP 2304.79 down 17.78. Going to January 20th.
Gold 656.40 down 3.80.
Dollar 85. Bottomed today. Will see a big countertrend bounce to 92.
Bonds down, rates going up.
Oil 73.69.
AGT .68 up .02. Will test the recent low because there was so much volume there.
NVAS .69 up .01. Bulletin board stock.
SIFY 11.64 down .11. Filled the gap. Not ready to buy. Will test 10.75 again.
GOOG 398.9 down 19.04. Support at 388.
CMA 55.61 down 1.26. Consolidating. Can go a point lower, then if it goes with volume can go to 50.
BMGX .86 up .25. Bulletin board that bought a miner royalty.
GG 36.04 up .92. Can pull back 5 points, buy why sell and pay the taxes? It depends on your trading plan.
HMY 16.65 down .15. Want to be in the south africans if the dollar has some strength.
AKS 14.90 down .01. Not a buy. Buy around 11.97 at the gap.
CVX 61.17 up .15. Rejected high with lighter volume, so can go back to 58.
TOL 31.18 down .97. Going down to 25. Housing is done.
SPX 1305.19 down 5.42. Down on volume. 1285 is open for a test.
CCMP 2304.79 down 17.78. Going to January 20th.
Gold 656.40 down 3.80.
Dollar 85. Bottomed today. Will see a big countertrend bounce to 92.
Bonds down, rates going up.
Oil 73.69.
AGT .68 up .02. Will test the recent low because there was so much volume there.
NVAS .69 up .01. Bulletin board stock.
SIFY 11.64 down .11. Filled the gap. Not ready to buy. Will test 10.75 again.
GOOG 398.9 down 19.04. Support at 388.
CMA 55.61 down 1.26. Consolidating. Can go a point lower, then if it goes with volume can go to 50.
BMGX .86 up .25. Bulletin board that bought a miner royalty.
GG 36.04 up .92. Can pull back 5 points, buy why sell and pay the taxes? It depends on your trading plan.
HMY 16.65 down .15. Want to be in the south africans if the dollar has some strength.
AKS 14.90 down .01. Not a buy. Buy around 11.97 at the gap.
CVX 61.17 up .15. Rejected high with lighter volume, so can go back to 58.
TOL 31.18 down .97. Going down to 25. Housing is done.
Sunday, April 30, 2006
Friday, April 28, 2006
20060428 Tom PM
SPX 1310.61 up .89.
INDU 11367.14 down 15.37. Will test highs again.
CCMP 2322.57 down 22.38. Pushing lows with volume. Will test 2315.
Gold 656.50 up 2. 25 year highs.
Copper 3.24.
Oil 71.58 down .30. Oil equities ABC down all over the place.
GLG 39.25 up 2.44.
GG 35.12 up 1.80. Has volume.
HANS 129.46 down 6.54. Wants to go to 109. Already 25% short.
NTO 5.20 up .18.
ARRS 11.85 up .17. Consolidation. Other day filled the gap.
MNG 3.76 up .40. 4.48 high volume shooting start can be tested.
NEU 50.85 down 1.62. Volume was a little lighter today. Can go to 41.50. This is a short.
AZO 93.61 down .63. Will go to December 06 breakout area of 86.
GG 35.12 up 1.80. GG and GLG are technically the strongest gold stocks. Can go to 50 in the next 18 months.
SLV 138.12. First trading day of silver IShares ETF. Only 50,000 issued. Wait to buy because silver is in consolidation.
BAC 49.92 up .88. Monster break out. ABC up to 53. Built cause since 2003. All the banks are strong. 4% dividend.
JCP 65.46 up .49. Consolidation. Can pull back a little. Can buy at 60.
MSFT 24.15 down 3.10.
TGC 1.77 up .18. High volume 1.92 wants to be tested.
INDU 11367.14 down 15.37. Will test highs again.
CCMP 2322.57 down 22.38. Pushing lows with volume. Will test 2315.
Gold 656.50 up 2. 25 year highs.
Copper 3.24.
Oil 71.58 down .30. Oil equities ABC down all over the place.
GLG 39.25 up 2.44.
GG 35.12 up 1.80. Has volume.
HANS 129.46 down 6.54. Wants to go to 109. Already 25% short.
NTO 5.20 up .18.
ARRS 11.85 up .17. Consolidation. Other day filled the gap.
MNG 3.76 up .40. 4.48 high volume shooting start can be tested.
NEU 50.85 down 1.62. Volume was a little lighter today. Can go to 41.50. This is a short.
AZO 93.61 down .63. Will go to December 06 breakout area of 86.
GG 35.12 up 1.80. GG and GLG are technically the strongest gold stocks. Can go to 50 in the next 18 months.
SLV 138.12. First trading day of silver IShares ETF. Only 50,000 issued. Wait to buy because silver is in consolidation.
BAC 49.92 up .88. Monster break out. ABC up to 53. Built cause since 2003. All the banks are strong. 4% dividend.
JCP 65.46 up .49. Consolidation. Can pull back a little. Can buy at 60.
MSFT 24.15 down 3.10.
TGC 1.77 up .18. High volume 1.92 wants to be tested.
Tuesday, April 25, 2006
20060425 Tom PM
SPX 1301.74 down 6.37. Lighter volume, though not done on way down.
INDU 11283.25 down 53.07. Will go further down tomorrow.
CCMP 2330.30 down 3.08. A bit of a problem with volume.
Gold Consolidation.
Bonds Smoked down.
Oil 72.88 down 1.5. Going back to 69.36.
Copper 3.28.
TXRH 15.05 down .03. Buy at 13.41.
PAL 11.01 down .13. Buy around 7.55.
RMBS 41.47 down 3.03. Now will consolidate.
FFIV 59.27 down .62. Will test 56.
GOOG 427. Going to 416.
AAPL 66.16 up .42. Not a short.
FJC 2.68 up .41. Needs a lot more cause. Wait a few months to buy.
SLAB 49.90 down .28. Volume off the top. Going to fill gap at 41. Can short if it bounces up.
GNTA 1.84 up .02. A little action today. Maybe a buy with a tight stop.
ERS 43.93 down 1.27. Has had a nice run. Has been going up with lighter volume. Be careful because some day it will fall. Can go back to 32. On a weekly is parabolic.
UPS 80.90 down 1.09. Volume picking up, broke below trend line.
INDU 11283.25 down 53.07. Will go further down tomorrow.
CCMP 2330.30 down 3.08. A bit of a problem with volume.
Gold Consolidation.
Bonds Smoked down.
Oil 72.88 down 1.5. Going back to 69.36.
Copper 3.28.
TXRH 15.05 down .03. Buy at 13.41.
PAL 11.01 down .13. Buy around 7.55.
RMBS 41.47 down 3.03. Now will consolidate.
FFIV 59.27 down .62. Will test 56.
GOOG 427. Going to 416.
AAPL 66.16 up .42. Not a short.
FJC 2.68 up .41. Needs a lot more cause. Wait a few months to buy.
SLAB 49.90 down .28. Volume off the top. Going to fill gap at 41. Can short if it bounces up.
GNTA 1.84 up .02. A little action today. Maybe a buy with a tight stop.
ERS 43.93 down 1.27. Has had a nice run. Has been going up with lighter volume. Be careful because some day it will fall. Can go back to 32. On a weekly is parabolic.
UPS 80.90 down 1.09. Volume picking up, broke below trend line.
Thursday, April 13, 2006
20060413 Marc
Harry:
SNSR OBV coming way off. Needs to get above 5.25 to move. Looks like consolidation. 4.25 is key support.
ASTV|ASPD Biotech. Broke up today in 45 degree channel. Open candle gap through 50.
CRDN Yesterday did similar thing.
PDIX Gapped up, pulled back to support, then back up. Candlestick buy is Tuesday is up day.
TXTV|P Still like it.
ESLR Consolidating for next move.
ENER Consolidating for next move. Building nice base. Over 50 can go to 75 or 80.
T|PWVI Great chart.
FTEK Love it. Big pullback two days ago on heavy volume. Buy in 14s.
BOOM Great stock. New all time high last week. Not showing signs of deterioration.
CHDX Revenus, low float.
SNSR OBV coming way off. Needs to get above 5.25 to move. Looks like consolidation. 4.25 is key support.
ASTV|ASPD Biotech. Broke up today in 45 degree channel. Open candle gap through 50.
CRDN Yesterday did similar thing.
PDIX Gapped up, pulled back to support, then back up. Candlestick buy is Tuesday is up day.
TXTV|P Still like it.
ESLR Consolidating for next move.
ENER Consolidating for next move. Building nice base. Over 50 can go to 75 or 80.
T|PWVI Great chart.
FTEK Love it. Big pullback two days ago on heavy volume. Buy in 14s.
BOOM Great stock. New all time high last week. Not showing signs of deterioration.
CHDX Revenus, low float.
Tuesday, April 11, 2006
20060411 Tom PM
Tommorow is weird wally Wednesday, so expect volatility.
SPX 1286.57 down 10.03. Volume accelerating. Broke trend line with conviction. Can test 1270.
INDU 11089.63 down 51.70. Going for 10978 tomorrow.
CCMP 2310.35 down 22.92. Can test 2262. Volume should lighten up this week.
Gold 597.50 down 1.90. Higher high could not hold. Will see sell off in next couple days.
Dollar wants to go higher.
KBX 2.97 down .13. No hurry to get long. Can test 2.50. Nice buy at 2.20 and 1.98.
VZ 32.74 down .74. Let it go lower before buying, to around 31.3.
FCX 61.62 down .46. Can retrace to 56.75.
PD 84.35 up .21. Can retrace to 79.
GNTA 1.78 down .15. Wait a few days before buying this biotech. Buy at 1.56.
NEM 51.46 down 1.44. Can't get over 50 day moving average when gold price is at 600, says something is wrong with the company.
ESLR 13.11 down .90. 11.15 gap is open.
HOLX 49.49 down 3.47. Gap at 43.50 is open. Short a bounce.
DD 43.03 up .06. Held up today in down market. Today pushed into high with some volume. The range down to 42 is still open.
ADBE 37.28 down .22. Last week filled the December 2005 gap.
BW 24.27 down 1.55. Buy at 20.50.
GYMB 27.64 down .37. Gap at 26.30 is open.
TWGP 26.55 down .34. Sell.
NG 14.59 down .68. Wants to go to 12.64.
LANV 6.97 up .02. Good looking chart. 8.70 wants to get tested.
SPX 1286.57 down 10.03. Volume accelerating. Broke trend line with conviction. Can test 1270.
INDU 11089.63 down 51.70. Going for 10978 tomorrow.
CCMP 2310.35 down 22.92. Can test 2262. Volume should lighten up this week.
Gold 597.50 down 1.90. Higher high could not hold. Will see sell off in next couple days.
Dollar wants to go higher.
KBX 2.97 down .13. No hurry to get long. Can test 2.50. Nice buy at 2.20 and 1.98.
VZ 32.74 down .74. Let it go lower before buying, to around 31.3.
FCX 61.62 down .46. Can retrace to 56.75.
PD 84.35 up .21. Can retrace to 79.
GNTA 1.78 down .15. Wait a few days before buying this biotech. Buy at 1.56.
NEM 51.46 down 1.44. Can't get over 50 day moving average when gold price is at 600, says something is wrong with the company.
ESLR 13.11 down .90. 11.15 gap is open.
HOLX 49.49 down 3.47. Gap at 43.50 is open. Short a bounce.
DD 43.03 up .06. Held up today in down market. Today pushed into high with some volume. The range down to 42 is still open.
ADBE 37.28 down .22. Last week filled the December 2005 gap.
BW 24.27 down 1.55. Buy at 20.50.
GYMB 27.64 down .37. Gap at 26.30 is open.
TWGP 26.55 down .34. Sell.
NG 14.59 down .68. Wants to go to 12.64.
LANV 6.97 up .02. Good looking chart. 8.70 wants to get tested.
Monday, April 10, 2006
Silver Index
In case anyone wondered why silver has been outperforming gold, it could be due to the impending silver index.
NY silver price jumps to day's highs on ETF news
Tue Mar 21, 2006 12:57 PM ET
NEW YORK, March 21 (Reuters) - U.S. benchmark silver futures on Tuesday reversed losses to trade at session highs after the U.S. Securities and Exchange Commission said it approved rule changes for a silver exchange-traded fund.
Silver for May delivery at the COMEX division of the New York Mercantile Exchange bounced to $10.41 an ounce, up 4.8 cents, at 11:41 a.m. EST.
The SEC said it has approved rule changes that will allow the American Stock Exchange to list shares in Barclays Plc's (BARC.L: Quote, Profile, Research) iShares Silver Trust, which is designed to track the price of the metal.
NY silver price jumps to day's highs on ETF news
Tue Mar 21, 2006 12:57 PM ET
NEW YORK, March 21 (Reuters) - U.S. benchmark silver futures on Tuesday reversed losses to trade at session highs after the U.S. Securities and Exchange Commission said it approved rule changes for a silver exchange-traded fund.
Silver for May delivery
The SEC said it has approved rule changes that will allow the American Stock Exchange to list shares in Barclays Plc's (BARC.L: Quote, Profile, Research) iShares Silver Trust, which is designed to track the price of the metal.
Friday, April 07, 2006
Scottrade Out Of Service
I like to review trades at night. Not tonight. This is ridiculous.
Friday, April 07, 2006
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Thursday, March 30, 2006
20060330 Tom PM
SPX 1300.25 down 2.64. Did not get over the highs. Will revisit 1282.
INDU 11150.70 down 65.
CCMP 2340.82 up 3.04.
Gold 5.93 up 18. Action.
Silver 11.70. Action.
RGLD 37.57 up 1.1. Rocket ship last five days 26 to 37. May correct with time then go higher.
NEM 52.93 up 1.44. Not a short.
AAPL 62.75 up .42. High up volume yesterday. Not long nor short here.
CMED 30.24 down .61. Last week was good. Needs more time to build cause. Will get into 33. Support at 28.95.
FCFS 20.12 up .13. Looks better than CMED.
DROOY 1.62 up .19. Ride it up. Next level is 2.02.
CBIZ 7.87 up .08. ABC up. Extended now. Wait to buy.
ADSX 2.98 up .22. Up with volume. Wants to go to 3.05. Can go to 3.38, the October 2005 swing point.
UPS 79.52 up .08. Set up to go higher. Volume has come in last two days, needs more volume.
ERS 32.81 up 1.02. Just finished ABC up. Wants to go higher.
GSS 3.34 down .17. Relative weakness. Consolidation. Can go down to 3.24.
NWRE 29.45 down .53.
HOMS 6.60 down .22. Looks good. Wants to test 7.04.
NVDA 57.47 up .39. Not a short. Can go a lot higher.
BBY 54.78 up .26. Has two gaps open. WMT is a better buy.
FRG 4.45 up .06. Can hang up here. Needs huge volume to break up higher. Not a buy here. Can buy at 3.5.
BGO 4.49 up .04. Can go down to 4. Strong, consolidating.
INDU 11150.70 down 65.
CCMP 2340.82 up 3.04.
Gold 5.93 up 18. Action.
Silver 11.70. Action.
RGLD 37.57 up 1.1. Rocket ship last five days 26 to 37. May correct with time then go higher.
NEM 52.93 up 1.44. Not a short.
AAPL 62.75 up .42. High up volume yesterday. Not long nor short here.
CMED 30.24 down .61. Last week was good. Needs more time to build cause. Will get into 33. Support at 28.95.
FCFS 20.12 up .13. Looks better than CMED.
DROOY 1.62 up .19. Ride it up. Next level is 2.02.
CBIZ 7.87 up .08. ABC up. Extended now. Wait to buy.
ADSX 2.98 up .22. Up with volume. Wants to go to 3.05. Can go to 3.38, the October 2005 swing point.
UPS 79.52 up .08. Set up to go higher. Volume has come in last two days, needs more volume.
ERS 32.81 up 1.02. Just finished ABC up. Wants to go higher.
GSS 3.34 down .17. Relative weakness. Consolidation. Can go down to 3.24.
NWRE 29.45 down .53.
HOMS 6.60 down .22. Looks good. Wants to test 7.04.
NVDA 57.47 up .39. Not a short. Can go a lot higher.
BBY 54.78 up .26. Has two gaps open. WMT is a better buy.
FRG 4.45 up .06. Can hang up here. Needs huge volume to break up higher. Not a buy here. Can buy at 3.5.
BGO 4.49 up .04. Can go down to 4. Strong, consolidating.
Wednesday, March 29, 2006
20060329 Tom PM
SPX 1302.89 up 9.66. Back in the trading range. Finished strong.
IND 11215.70 up 61.16. Got up to swing point. May have tough time getting through swing point.
CCMP 2337.78 up 33.32. Volume good, not great.
Silver 11.16. ABC to about 12.
Copper 2.40.
Bonds down.
Japanese market up strong. ABC up.
FVE 10.70 down .20. Already did up move. Not a long.
YHOO 32.56 up .17. Big down of 40 to 33 with volume. Will be hard to get back up through that.
EMCI 27.98. Tom does not buy break outs. Wants to go to 30. Buy is at 27.6.
PHM 39.79 up .60. Not a bad short - betther short than RYL.
ABAX 23.68 down .18. Consolidation.
UTEK 24.37 up .97. Good looking chart.
CERS 8.75 up .21. Not a good long.
TFSM 10.08 up .06. Action fundamentally and technically.
KLAC 49.42 up 1.22. Nice move up, though not enough conviction with the volume.
UNH 59.98 up 1.66. Will retest low of yesterday because there was a lot of volume.
FRX canadian 1.02 up .11. Higher highs with volume. Wants to go to 1.20.
TOPT 13.74 up .05. Will make way back to 10 area.
JNJ 59.1 down .09. Is off bottom, though can come back to 58.85.
UARM 34 up 1.09. Going up into bottom of gap. Close inside gap then there is action and it wants to go higher.
ALTR 20.75 up .33. 21.47 has not been tested and wants to be tested.
VASC 7.90 up .05. Established nice base. Low liquidity. Not a super long, and not bad.
NXXI 1.75 up .04. Over the base. Needs huge escalation in volume. Action up to 2.70 where there is resistance.
TRLG 18.87 down .18. Will test 17.77 and 15.21. Look to buy there if lighter volume.
DROOY 1.43 up .07. 1.53 wants to get tested.
BMY 24.94 up .05. Broke away gap up with volume. Wait a few months for it to fill the gap then look to buy.
ORCL 13.72 up .13. Wants to take out 14. Can buy here. Good set up.
RMBS 39.81 up 1.75. Not over bought. Going to 45.
IND 11215.70 up 61.16. Got up to swing point. May have tough time getting through swing point.
CCMP 2337.78 up 33.32. Volume good, not great.
Silver 11.16. ABC to about 12.
Copper 2.40.
Bonds down.
Japanese market up strong. ABC up.
FVE 10.70 down .20. Already did up move. Not a long.
YHOO 32.56 up .17. Big down of 40 to 33 with volume. Will be hard to get back up through that.
EMCI 27.98. Tom does not buy break outs. Wants to go to 30. Buy is at 27.6.
PHM 39.79 up .60. Not a bad short - betther short than RYL.
ABAX 23.68 down .18. Consolidation.
UTEK 24.37 up .97. Good looking chart.
CERS 8.75 up .21. Not a good long.
TFSM 10.08 up .06. Action fundamentally and technically.
KLAC 49.42 up 1.22. Nice move up, though not enough conviction with the volume.
UNH 59.98 up 1.66. Will retest low of yesterday because there was a lot of volume.
FRX canadian 1.02 up .11. Higher highs with volume. Wants to go to 1.20.
TOPT 13.74 up .05. Will make way back to 10 area.
JNJ 59.1 down .09. Is off bottom, though can come back to 58.85.
UARM 34 up 1.09. Going up into bottom of gap. Close inside gap then there is action and it wants to go higher.
ALTR 20.75 up .33. 21.47 has not been tested and wants to be tested.
VASC 7.90 up .05. Established nice base. Low liquidity. Not a super long, and not bad.
NXXI 1.75 up .04. Over the base. Needs huge escalation in volume. Action up to 2.70 where there is resistance.
TRLG 18.87 down .18. Will test 17.77 and 15.21. Look to buy there if lighter volume.
DROOY 1.43 up .07. 1.53 wants to get tested.
BMY 24.94 up .05. Broke away gap up with volume. Wait a few months for it to fill the gap then look to buy.
ORCL 13.72 up .13. Wants to take out 14. Can buy here. Good set up.
RMBS 39.81 up 1.75. Not over bought. Going to 45.
Monday, March 27, 2006
Ideas
ASTM 2 down .05 on double average daily volume. May chop around for awhile. Sell here if there are better opportunities. This thrust through 2.2 was with good volume. Needs to close above that with high volume. Maybe next try it can do it.
ALTI 3.74 up .24. 52 week high is 4.38, which was a spike on huge volume. Needs volume to come in to keep going higher. Tighten trailing stop.
LNUX 4.13 up .25 on more than double average daily volume. Nice chart, has built a lot of cause, volume is decent. RHAT earnings tomorrow evening. Ride it higher.
HL 6.43 up .33 on double average daily volume. Has had nice volume with price move up. Maybe too late to get long, so wait for next pull back.
TGB 1.94 up .13 on double average daily volume. In 1994 this was in the 15s. Yesterday was the buy. Buy some now, then watch how it closes above 2.
ALTI 3.74 up .24. 52 week high is 4.38, which was a spike on huge volume. Needs volume to come in to keep going higher. Tighten trailing stop.
LNUX 4.13 up .25 on more than double average daily volume. Nice chart, has built a lot of cause, volume is decent. RHAT earnings tomorrow evening. Ride it higher.
HL 6.43 up .33 on double average daily volume. Has had nice volume with price move up. Maybe too late to get long, so wait for next pull back.
TGB 1.94 up .13 on double average daily volume. In 1994 this was in the 15s. Yesterday was the buy. Buy some now, then watch how it closes above 2.
Sunday, March 26, 2006
S&P Home Price Index
Standard & Poor's said Wednesday it plans to unveil several home-price indexes in the second quarter for 10 cities. They'll serve as the basis of cash-settled futures and options contracts expected to launch in April.
Ideas
LNUX 3.88 up.23 on average daily volume. Going into prices from 2001. In from 3.59, stay long. Close above 4.27 and there are blue skies above.
SUNW 4.97 up .10. Five year chart shows three years of cause has been built.
HL 6.10 up .47 on double average daily volume. 52 week high.
ASTM 2.05 down .18 on huge volume, though less volume than yesterday's larger up spike. Long from 1.76.
DVW 2.13 up .03. Holding the recent highs. Volume is declining. Watch.
GROW 14.51 up 1.15 on average daily volume. 52 week range 4.39 - 20. MACD RSI and Stochs have turned up. Buy at 14.
PQE 21.76 up .17. Big gap to fill starts at 25. Watch and let it build more cause.
EFII 27.98 up .36. Would like to see more volume.
TZIX 17 up .43. Watch.
SUNW 4.97 up .10. Five year chart shows three years of cause has been built.
HL 6.10 up .47 on double average daily volume. 52 week high.
ASTM 2.05 down .18 on huge volume, though less volume than yesterday's larger up spike. Long from 1.76.
DVW 2.13 up .03. Holding the recent highs. Volume is declining. Watch.
GROW 14.51 up 1.15 on average daily volume. 52 week range 4.39 - 20. MACD RSI and Stochs have turned up. Buy at 14.
PQE 21.76 up .17. Big gap to fill starts at 25. Watch and let it build more cause.
EFII 27.98 up .36. Would like to see more volume.
TZIX 17 up .43. Watch.
Tuesday, March 21, 2006
20060321 Tom PM
SPX 1297.23 down 7.85. Couldn't hold the up price.
INDU 11235.47 down 39.06. Couldn't hold the up price.
CCMP 2294.23 down 19.88. Couldn't hold the up price.
SMH 35.71 up .13.
Gold 556. Big price destruction intra-day down to 552. This was a strong day.
INTC 19.78 up .16. Needs to get going if SMH is to move.
DVW 2.78 up .07. Ran up last week. Just finished ABC up. Buy at 1.65.
TMTA 1.92 down .03. Did ABC. Can retrace to 1.65.
INDU 11235.47 down 39.06. Couldn't hold the up price.
CCMP 2294.23 down 19.88. Couldn't hold the up price.
SMH 35.71 up .13.
Gold 556. Big price destruction intra-day down to 552. This was a strong day.
INTC 19.78 up .16. Needs to get going if SMH is to move.
DVW 2.78 up .07. Ran up last week. Just finished ABC up. Buy at 1.65.
TMTA 1.92 down .03. Did ABC. Can retrace to 1.65.
Monday, March 20, 2006
Ideas, banking
Look at banking stocks, as financials will lead the markets up. If financials don't lead up, the markets will likely come down.
COGT 19.00 up .73 on good volume. Big price spread today. Today may have been the buy. Look for a pull back into today's price to buy. Will go into gap at 20.
ASTM 1.79 up .05 on good volume. Built a two month base. Buy.
LNUX 3.75. Running back to 4.
TRAD 14.73. Needs time to build cause.
COGT 19.00 up .73 on good volume. Big price spread today. Today may have been the buy. Look for a pull back into today's price to buy. Will go into gap at 20.
ASTM 1.79 up .05 on good volume. Built a two month base. Buy.
LNUX 3.75. Running back to 4.
TRAD 14.73. Needs time to build cause.
20060320 Tom PM
SPX 1305.08 down 2.17. Hanging at top.
INDU 11274.53 down 5.12. Can go fifty points lower.
CCMP 2314.11 up 7.63. Consolidation.
Oil down 2.50.
N 46.70 down .88. Consolidation.
XNPT 22.86 up .36. Had quality volume and had nothing in it's way going up.
ORCL 13.72 up .12. Numbers after hours.
DELL 29.76. Bottoming process.
NEM 49.22 down .64. March 10 2006 low of 46.50 established.
ABX Doesn't seem to want to move.
RGLD 28.35 down 1.18. Tom owns. Does not like how it came back today. 27.61 March 10 2006 may be tested tomorrow. Look at November 17 2005. Better chart the NEM. Close under 27.61 is a problem.
TMTA 1.95 up .31. Huge volume today.
ABLE 7.66 up .07. Building a base. Energy is pulling back. Likes the set up.
MRVL 55.88 up 1.67. Not a short here buy maybe in a few days if it bounces higher.
EL 37.68 up .07. Longer term wants to go higher. Shorter term can come down because it is not showing buyers. Working through congestion.
GME 41.40 up .30. Consolidation. May retest 37 in a few months, the gap is four points that will be filled.
DHI 33.41 down 1.17. Downtrend, sign of strength March 14 2006. Watch how it fills gap at 31.55 then buy at 32, looking for 37.
CAT 79.85 down .38. Has run from 48. Strong stock. Not a short. If you want to short, look in the oil patch: VLO OXY.
AVNX 2.95 up .13. Huge volatility. Will back down to 1.42.
CPST 3.18 down .11. December 28 2005, 2.75 needs to be retested. Sell if long.
SIL 23.10 up .18. Up 40% in two weeks. Wait to buy.
MCEL 1.55 down .04. Going back to 1.35.
RIMM 86.17 down .58. Volume has been pushing up. Not one day down with volume. Not a short.
INDU 11274.53 down 5.12. Can go fifty points lower.
CCMP 2314.11 up 7.63. Consolidation.
Oil down 2.50.
N 46.70 down .88. Consolidation.
XNPT 22.86 up .36. Had quality volume and had nothing in it's way going up.
ORCL 13.72 up .12. Numbers after hours.
DELL 29.76. Bottoming process.
NEM 49.22 down .64. March 10 2006 low of 46.50 established.
ABX Doesn't seem to want to move.
RGLD 28.35 down 1.18. Tom owns. Does not like how it came back today. 27.61 March 10 2006 may be tested tomorrow. Look at November 17 2005. Better chart the NEM. Close under 27.61 is a problem.
TMTA 1.95 up .31. Huge volume today.
ABLE 7.66 up .07. Building a base. Energy is pulling back. Likes the set up.
MRVL 55.88 up 1.67. Not a short here buy maybe in a few days if it bounces higher.
EL 37.68 up .07. Longer term wants to go higher. Shorter term can come down because it is not showing buyers. Working through congestion.
GME 41.40 up .30. Consolidation. May retest 37 in a few months, the gap is four points that will be filled.
DHI 33.41 down 1.17. Downtrend, sign of strength March 14 2006. Watch how it fills gap at 31.55 then buy at 32, looking for 37.
CAT 79.85 down .38. Has run from 48. Strong stock. Not a short. If you want to short, look in the oil patch: VLO OXY.
AVNX 2.95 up .13. Huge volatility. Will back down to 1.42.
CPST 3.18 down .11. December 28 2005, 2.75 needs to be retested. Sell if long.
SIL 23.10 up .18. Up 40% in two weeks. Wait to buy.
MCEL 1.55 down .04. Going back to 1.35.
RIMM 86.17 down .58. Volume has been pushing up. Not one day down with volume. Not a short.
Wednesday, March 15, 2006
Ideas
BGO 4.15 up .06 on lighter than average daily volume. On watch.
AVNX 2.69 up .39 on nine times average daily volume. Going for the 3s of January 2005.
GS 149.42 up 8.70 on three times average daily volume. All time high. Potential buy at 138.
TKLC 14.67 up .23 on 1/2 average daily volume. Closed above 20 50 100 day moving averages. Has been going up the past few sessions on light volume. Potential short at 15 then 16.
MNKD 19.65 up 1.58 on double average daily volume. Resistance is 20. If it closes above that with volume, then try to buy a pull back.
ESLR 16.59 up .25. Need volume to come in on the up days. Watch what happens at 17.
SIFY 13.02 up .04 on light volume. Potential short later in the week.
AVNX 2.69 up .39 on nine times average daily volume. Going for the 3s of January 2005.
GS 149.42 up 8.70 on three times average daily volume. All time high. Potential buy at 138.
TKLC 14.67 up .23 on 1/2 average daily volume. Closed above 20 50 100 day moving averages. Has been going up the past few sessions on light volume. Potential short at 15 then 16.
MNKD 19.65 up 1.58 on double average daily volume. Resistance is 20. If it closes above that with volume, then try to buy a pull back.
ESLR 16.59 up .25. Need volume to come in on the up days. Watch what happens at 17.
SIFY 13.02 up .04 on light volume. Potential short later in the week.
Sunday, March 12, 2006
Ideas
RACK 41.42 up .75. Big daily swings.
ALTI Bouncing.
TRF Bouncing.
AVNX Bouncing.
ESLR Strong.
NFLX Has been in trading range since October 2005.
ALTI Bouncing.
TRF Bouncing.
AVNX Bouncing.
ESLR Strong.
NFLX Has been in trading range since October 2005.
Thursday, March 09, 2006
20060309 Tom PM
SPX 1272.23 down 6.24. Closed at low of day. Closed above low of yesterday.
INDU 10972.28 down 33.46. Going for 10922.
CCMP 2249.72 down 17.74. Last engulfing. Buy would mean close one point above low of today with lighter volume.
Gold 546.70 down .30. Definitely last engulfing.
NEM 47.79 down 1.78. Would be nice buy at 44.
NYA Problem.
OVTI 24.56 down .10. No sellers right now.
MRVL 58.6 down .81. Needs more downside volume to go down.
SMH 35.97 down .52. Did a last engulfing.
ITRI 57.35 down .2. Long term can go to 67. Short term can fill gap to 54.
AMD 36.21 down .88. Can go lower as gap is open. Gaps of 5% or more usually get filled.
VZ 33.58 up .14. Tom had buy today. Getting ready to break down channel line.
AVII 6.04 down .48. Is already under huge breakout area at 6.39 so can keep going down to next breakout area.
AKS 12.98 down .04. Strong stock, is pulling back. 12% short position. If short, cover the short.
BEAS 11.61 up .30. Consolidation.
ELP 10.37 down .19. Natural high is 7.
JDSU 3.80 up .05. Didnt hold highs today. 3.42 is buy and 3.18 is buy.
CNC 28.27 down .01. Dangerous to be long.
SNDK 53.53 down .42. Expect it to go lower. Yesterday volume heavier on down day.
ICE 63.99 up 4.80. Strong. Going to 73.
OXPS 26.76 down 1.86. A couple down days with volume. Numbers yesterday. Long term looks good. Broker dealer sector is strong.
HMY 12.90 up .08. Big retracement. Support around 11.
ORCL 12.84 down .02. Not bad setup. Buy around 12.5.
YHOO 30.28 down .71. Going lower. Broke swing point lower so going down to next floor.
PCU 77.91 down .25. Wants to go lower to 66.
IDTI 13.76 down .34. Buy around 12.
GOOG 343 down 10.88. Wants to get into gap at 300. If under 338 then 333 then 300. Too late to short.
NSTK 14.42 down .09. March 1 2006 gap away from 23 to 14 with big volume. Going right back down.
PWAV 14.45 down .15. Consolidation down to 13.20.
ET 23.99 down .35. Another consolidation.
GFI 18.71 up .01. Support at 16.12. Likely great buy at 15.
ITRI 57.35 down .20. 51 would be a great buy.
UARM 27 up .07. Wait to buy at 21.22.
JCP 60.82 up .55. Taking off. Will likely see volume come in tomorrow. On the move. 58.34 was breakout and buy was 59.30 two days ago.
STN 72.23 up 3.38. Running for 75. Try to buy a retracement at 73-75. Then going to 100.
HOMS 5.59 down .08. Let it come down to 5.35 or 5.40 with a tight stop. Gunning for high of 7.04. This would be great money management.
INDU 10972.28 down 33.46. Going for 10922.
CCMP 2249.72 down 17.74. Last engulfing. Buy would mean close one point above low of today with lighter volume.
Gold 546.70 down .30. Definitely last engulfing.
NEM 47.79 down 1.78. Would be nice buy at 44.
NYA Problem.
OVTI 24.56 down .10. No sellers right now.
MRVL 58.6 down .81. Needs more downside volume to go down.
SMH 35.97 down .52. Did a last engulfing.
ITRI 57.35 down .2. Long term can go to 67. Short term can fill gap to 54.
AMD 36.21 down .88. Can go lower as gap is open. Gaps of 5% or more usually get filled.
VZ 33.58 up .14. Tom had buy today. Getting ready to break down channel line.
AVII 6.04 down .48. Is already under huge breakout area at 6.39 so can keep going down to next breakout area.
AKS 12.98 down .04. Strong stock, is pulling back. 12% short position. If short, cover the short.
BEAS 11.61 up .30. Consolidation.
ELP 10.37 down .19. Natural high is 7.
JDSU 3.80 up .05. Didnt hold highs today. 3.42 is buy and 3.18 is buy.
CNC 28.27 down .01. Dangerous to be long.
SNDK 53.53 down .42. Expect it to go lower. Yesterday volume heavier on down day.
ICE 63.99 up 4.80. Strong. Going to 73.
OXPS 26.76 down 1.86. A couple down days with volume. Numbers yesterday. Long term looks good. Broker dealer sector is strong.
HMY 12.90 up .08. Big retracement. Support around 11.
ORCL 12.84 down .02. Not bad setup. Buy around 12.5.
YHOO 30.28 down .71. Going lower. Broke swing point lower so going down to next floor.
PCU 77.91 down .25. Wants to go lower to 66.
IDTI 13.76 down .34. Buy around 12.
GOOG 343 down 10.88. Wants to get into gap at 300. If under 338 then 333 then 300. Too late to short.
NSTK 14.42 down .09. March 1 2006 gap away from 23 to 14 with big volume. Going right back down.
PWAV 14.45 down .15. Consolidation down to 13.20.
ET 23.99 down .35. Another consolidation.
GFI 18.71 up .01. Support at 16.12. Likely great buy at 15.
ITRI 57.35 down .20. 51 would be a great buy.
UARM 27 up .07. Wait to buy at 21.22.
JCP 60.82 up .55. Taking off. Will likely see volume come in tomorrow. On the move. 58.34 was breakout and buy was 59.30 two days ago.
STN 72.23 up 3.38. Running for 75. Try to buy a retracement at 73-75. Then going to 100.
HOMS 5.59 down .08. Let it come down to 5.35 or 5.40 with a tight stop. Gunning for high of 7.04. This would be great money management.
Housing Derivative
Housing Derivatives thoughts from Qualified Remodeler magazine.
Beginning in the 2nd Quarter of this year, perhaps as early as April, the CME will pioneer trading in futures and options contracts that are linked to indices of the housing markets in 10 major metropolitan areas: Boston, Chicago, Los Angeles, New York, Las Vegas, San Francisco, Denver, Washington, Miami and San Diego.
Beginning in the 2nd Quarter of this year, perhaps as early as April, the CME will pioneer trading in futures and options contracts that are linked to indices of the housing markets in 10 major metropolitan areas: Boston, Chicago, Los Angeles, New York, Las Vegas, San Francisco, Denver, Washington, Miami and San Diego.
Wednesday, March 08, 2006
PowerShares XTF
http://www.ftse.com/Indices/FTSE_RAFI_Index_Series/index.jsp
http://www.powershares.com/images/pdf/productlist.pdf
http://www.powershares.com/images/pdf/productlist.pdf
Short Ideas
HGRD 5.95 up .05 on light volume. Two recent large volume up days. Short, long, what is this company? They claim to have earnings.
Nice runs, now charts have turned down, possible shorts on next bounce:
DOID 36.71 down 1.66 on average volume. Can test 35. Gap up into 30 is open. Has more than doubled during the past year.
WIRE 34 down 1.16 on nearly double average daily volume. Early Februray 2006 had big volume down day. Can test lower end of that day at 29 high. Support at 30 then 25.
BGC 27.05 down .46. Support at 25, 20, 15.
Nice runs, now charts have turned down, possible shorts on next bounce:
DOID 36.71 down 1.66 on average volume. Can test 35. Gap up into 30 is open. Has more than doubled during the past year.
WIRE 34 down 1.16 on nearly double average daily volume. Early Februray 2006 had big volume down day. Can test lower end of that day at 29 high. Support at 30 then 25.
BGC 27.05 down .46. Support at 25, 20, 15.
Tuesday, March 07, 2006
20060307 Tom PM
SPX 1275.88 down 2.38. Slightly heavier volume. Needs to get 1278.66 to get back inside range tomorrow.
INDU 10980.69 up 22.10. Got back inside range by two points.
CCMP 2268.38 down 17.65. Got down to 2259 and rejected the price. Volume contracted. Did its work on the downside. Wants to go up.
NYSE goes public tomorrow morning. This should drive everything up.
NVDA 48.22 down .84. Seems to follow 15 day moving average on the way up. Buy here or .20 lower. High volume high wants to be retested.
AMAT 18.33 down .23 on lighter volume. Tom bought today.
MU 14.98 down .62. September 30 2005 13.4 up with volume. Since then price has been going up without higher volume. It can go back to 13.37 to test that day. ABC down. Took out swing point 15.38 today.
HMY 13.25 down .38. Not a buy.
RGLD 29.17 down .80. Not a buy.
MRVC 4.09 down .14. Great looking chart. Parabolic so don't buy here. Wait to buy at 3.29.
REGN 17.16 down .84. Took out swing point with volume. Don't be long now. Can go back to 15. Gap at 13.5.
MSTR 98.06 down .50. Can go down to 90 quick. Look to buy at 80.
QCOM 47.86 up .62. Pushing up with volume. Wild card is that there was not a lot of price spread today. Should get upside action in next couple days or else sell it.
SUNW 4.46 down .03. Okay looking chart. Can go to 5.5. Needs more volume to get there.
SNHY 22.47 up .12. Big down day yesterday. Be careful if long.
RMBS 32.22 down 1.08. Good chart. Now not a place to be long.
INDU 10980.69 up 22.10. Got back inside range by two points.
CCMP 2268.38 down 17.65. Got down to 2259 and rejected the price. Volume contracted. Did its work on the downside. Wants to go up.
NYSE goes public tomorrow morning. This should drive everything up.
NVDA 48.22 down .84. Seems to follow 15 day moving average on the way up. Buy here or .20 lower. High volume high wants to be retested.
AMAT 18.33 down .23 on lighter volume. Tom bought today.
MU 14.98 down .62. September 30 2005 13.4 up with volume. Since then price has been going up without higher volume. It can go back to 13.37 to test that day. ABC down. Took out swing point 15.38 today.
HMY 13.25 down .38. Not a buy.
RGLD 29.17 down .80. Not a buy.
MRVC 4.09 down .14. Great looking chart. Parabolic so don't buy here. Wait to buy at 3.29.
REGN 17.16 down .84. Took out swing point with volume. Don't be long now. Can go back to 15. Gap at 13.5.
MSTR 98.06 down .50. Can go down to 90 quick. Look to buy at 80.
QCOM 47.86 up .62. Pushing up with volume. Wild card is that there was not a lot of price spread today. Should get upside action in next couple days or else sell it.
SUNW 4.46 down .03. Okay looking chart. Can go to 5.5. Needs more volume to get there.
SNHY 22.47 up .12. Big down day yesterday. Be careful if long.
RMBS 32.22 down 1.08. Good chart. Now not a place to be long.
Sun Microsystems CEO To Resign?
SUNW 4.40. Has built built three years of cause, has some good products out (T1 processor, Solaris 10), and has additional support contracts from StoragaTek. A new chief might provide the freshness needed to get SUNW moving.
Briefing.com
Tech Stocks
General Commentary
Updated: 06-Mar-06 16:17 ET
...
Caris published a note on Sun Microsystems (SUNW +1.35%), saying they believe that there is evidence that SUNW's board -- at who's pleasure CEO McNealy serves -- has recently become more active in discussions with line mgmt as well as playing a role in convincing Board member and retired CFO Michael Lehman to return to the position of the co's CFO. When the firm last spoke with Mr. McNealy about his plans, he indicated that he was staying on "until the job is done." They said he concurred that finishing this job meant at least three things: Reestablishing product superiority, regaining control over costs and igniting demand in a broad and balanced customer base. They believe these three criteria have largely been met. Accordingly, firm will not be surprised if McNealy does indeed decide to step down. They think that leaving Sun in 2003 could very well have spelled doom for the co. In 2006, they suspect that the co could move on, perhaps to even greater accomplishments.
Briefing.com
Tech Stocks
General Commentary
Updated: 06-Mar-06 16:17 ET
...
Caris published a note on Sun Microsystems (SUNW +1.35%), saying they believe that there is evidence that SUNW's board -- at who's pleasure CEO McNealy serves -- has recently become more active in discussions with line mgmt as well as playing a role in convincing Board member and retired CFO Michael Lehman to return to the position of the co's CFO. When the firm last spoke with Mr. McNealy about his plans, he indicated that he was staying on "until the job is done." They said he concurred that finishing this job meant at least three things: Reestablishing product superiority, regaining control over costs and igniting demand in a broad and balanced customer base. They believe these three criteria have largely been met. Accordingly, firm will not be surprised if McNealy does indeed decide to step down. They think that leaving Sun in 2003 could very well have spelled doom for the co. In 2006, they suspect that the co could move on, perhaps to even greater accomplishments.
20060307 Tom AM
Markets down slightly on the open.
SPX 1.6B shares yesterday, 200M less. 3.
Oils Money rotating out.
Gold Going down to 495.
TXN Gap away will get filled. Buy at 30.29.
DROOY Looking like a buy.
Nike Rejecting down price today. Needs to prove there are no more sellers.
AUA Molly stock in Canada that is nearing production. Good looking chart, extended.
BLE Molly stock in Canada. .60 to 3 in past three months. Has big gap that will get filled. Good looking chart, extended.
SPX 1.6B shares yesterday, 200M less. 3.
Oils Money rotating out.
Gold Going down to 495.
TXN Gap away will get filled. Buy at 30.29.
DROOY Looking like a buy.
Nike Rejecting down price today. Needs to prove there are no more sellers.
AUA Molly stock in Canada that is nearing production. Good looking chart, extended.
BLE Molly stock in Canada. .60 to 3 in past three months. Has big gap that will get filled. Good looking chart, extended.
Monday, March 06, 2006
China Stocks, Small Miners
China stocks that trade in US:
CWLC.OB .128 up .001.
yhgg.pk 2.68 down .02.
JADE 3.63 down .11.
Small miners:
igmi.ob 3.48 down .20.
mmgg.ob 2.60 down .33.
HL 5.45 down .29 on heavy volume. Watch how it behaves at 5.
CWLC.OB .128 up .001.
yhgg.pk 2.68 down .02.
JADE 3.63 down .11.
Small miners:
igmi.ob 3.48 down .20.
mmgg.ob 2.60 down .33.
HL 5.45 down .29 on heavy volume. Watch how it behaves at 5.
20060306 Tom PM
SPX 1278.26 down 8.97. Light volume. Consolidation.
INDU 10958.59 down 63. Can test 11890.
CCMP 2286.03 down 1657. Friday had higher high with volume. Gap at 2276. 2259 open for a test. Consolidation.
Gold down 10.
GTE 3.48 up .22 with some volume. Broke down channel. Wants to go to 4.49. Over 3.67 with volume then buy.
SMDI 7.93 up .23. Nice set up. Wants to run for 8.61. From 2001 wants to go to 10. Action.
VZ 33.73 up .15. Broke down channel. Can go back toward 60. Wait a while to buy.
ACLS 7.03 down .03. Broke out with volume February 09 2006, made a gap. Will test 6.81. Second gap at 5.83. Maybe consider buying at 6.
AMGN 73.55 down 1.84. Broke swings today. Going lower.
ZHNE 2.67 down .09. Consolidation for a while. Can go to 3.5.
CAT 73.22 down 1.39. Since January 26 2006 has been going up with lighter volume. Extended. Can pull back to 65.
ANTP 16.62 up .92. Has a 30% gap to be filled. Can test 17.75. Be careful if long.
XDSL .42 up .02. Action. Going for .75.
GG 28.09 up .14. Most golds were down today. Very strong gold stock. Can pull back to 24.
RGLD 29.97 down 1.93. Wants to go to 26.
STX 27.52 down .56. Let this pull back to 20.30 before looking to buy.
GFI 19.65 down 1.08. Wants to go to 18. Their largest shareholder (19%) sold out on Thursday.
BGO 4.42 down .23. Buy around 3.67.
XOM 59.98 down 1.00.
ACI 74.93 down 3.22.
INDU 10958.59 down 63. Can test 11890.
CCMP 2286.03 down 1657. Friday had higher high with volume. Gap at 2276. 2259 open for a test. Consolidation.
Gold down 10.
GTE 3.48 up .22 with some volume. Broke down channel. Wants to go to 4.49. Over 3.67 with volume then buy.
SMDI 7.93 up .23. Nice set up. Wants to run for 8.61. From 2001 wants to go to 10. Action.
VZ 33.73 up .15. Broke down channel. Can go back toward 60. Wait a while to buy.
ACLS 7.03 down .03. Broke out with volume February 09 2006, made a gap. Will test 6.81. Second gap at 5.83. Maybe consider buying at 6.
AMGN 73.55 down 1.84. Broke swings today. Going lower.
ZHNE 2.67 down .09. Consolidation for a while. Can go to 3.5.
CAT 73.22 down 1.39. Since January 26 2006 has been going up with lighter volume. Extended. Can pull back to 65.
ANTP 16.62 up .92. Has a 30% gap to be filled. Can test 17.75. Be careful if long.
XDSL .42 up .02. Action. Going for .75.
GG 28.09 up .14. Most golds were down today. Very strong gold stock. Can pull back to 24.
RGLD 29.97 down 1.93. Wants to go to 26.
STX 27.52 down .56. Let this pull back to 20.30 before looking to buy.
GFI 19.65 down 1.08. Wants to go to 18. Their largest shareholder (19%) sold out on Thursday.
BGO 4.42 down .23. Buy around 3.67.
XOM 59.98 down 1.00.
ACI 74.93 down 3.22.
Sunday, March 05, 2006
Reading List
Morning commentary.
Hard Right Edge
Evening commentary.
Market Clues
Rick Ackerman
JS Mine Set
Harry Boxer, The Tech Trader
Trader Tim
Dow Jones Tomorrow's News Today
Technicals and picks.
The Bull Trader
Upticks
Trade Ideas
Trends.
Crazy Trader
Daily longs and shorts, could be random symbols...
Guerilla Trader
Newspaper.
Investors Business Daily
Other.
Goofy Golfer Tiger's Den Info
Short Squeeze
Matt's Charts
Global Gold blog.
bactria Commentary
Visual Trader
English Man Trader
http://stockmonster.blogspot.com/
http://dutch-daytrader.blogspot.com/
http://www.morninggap.com/index.html
http://randomroger.blogspot.com/2006/02/gm-debt.html
http://newyorkmetro.com/news/media/15967/index.html
Hard Right Edge
Evening commentary.
Market Clues
Rick Ackerman
JS Mine Set
Harry Boxer, The Tech Trader
Trader Tim
Dow Jones Tomorrow's News Today
Technicals and picks.
The Bull Trader
Upticks
Trade Ideas
Trends.
Crazy Trader
Daily longs and shorts, could be random symbols...
Guerilla Trader
Newspaper.
Investors Business Daily
Other.
Goofy Golfer Tiger's Den Info
Short Squeeze
Matt's Charts
Global Gold blog.
bactria Commentary
Visual Trader
English Man Trader
http://stockmonster.blogspot.com/
http://dutch-daytrader.blogspot.com/
http://www.morninggap.com/index.html
http://randomroger.blogspot.com/2006/02/gm-debt.html
http://newyorkmetro.com/news/media/15967/index.html
Saturday, March 04, 2006
Ideas To Research
SRLM.PK 4.54 up .24. 52 week high. Has built nearly a year of cause to go up. http://finance.yahoo.com/q/ta?s=SRLM.PK&t=6m&l=off&z=m&q=b&p=m20,m50,m100,m200&a=m26-12-9,ss,r14,v&c=
ESST 3.84 up .13. 52 week high is 5.58.
ESST 3.84 up .13. 52 week high is 5.58.
Constellation Copper
CCUDF.PK 1.895 up .075.
Trades in Toronto as CCU. Is above the 2001 highs.
They mine copper and zinc. Keep an eye on this and the price of copper.
Trades in Toronto as CCU. Is above the 2001 highs.
They mine copper and zinc. Keep an eye on this and the price of copper.
Friday, March 03, 2006
20060303 Marc
TRAD Fantastic pattern. Long term hold. Not good risk/reward to buy here.
Fiber optics going nuts:
AVNX Up 25%. Everything is positive. Below 1.90 is a problem. Insiders buying December 2005.
MRVT
SIGM 15.43 up .42. 50 day moving average is 15.46. Price has gone higher with lighter volume. Be careful if long.
MRVC 3.70 up .38.
Fiber optics going nuts:
AVNX Up 25%. Everything is positive. Below 1.90 is a problem. Insiders buying December 2005.
MRVT
SIGM 15.43 up .42. 50 day moving average is 15.46. Price has gone higher with lighter volume. Be careful if long.
MRVC 3.70 up .38.
20060303 Tom PM
SPX 1287.30 down 4.30. Lighter volume. Bullish.
INDU 11021.59 down down 3.92. Lighter volume. Bullish.
CCMP 2302.60 down 8.51. Higher high with higher volume. Short term can pull back. Longer term building cause to break highs.
Gold 566.80 down 1.20. Junior golds are running.
INTC 20.32 down .17 with volume. Closed higher than lower, is back inside trading range. Is testing low from September 2004. Needs time here.
CSCO 21.04 up .16. Not a short.
QQQQ 41.45 down .24. In consolidation. Today higher high with higher volume. Resistance is January 20 2006 down day. Can go .30 lower. Wants to go higher.
BKHM 8.46 up .97 with volume. Hit 8.75 intraday. Good chart, needs time to pull back and build cause.
GLW 26.64 up .38. Didn't hold high today. Finished ABC up. Will consolidate.
ALKS 25.74 down .14. Broke out February 27, 2006. Can pull back to 23 with lighter volume and be okay.
NOV 62.74 up .08. Can go down to 55.
FF 16.27 up .01. Not a long.
BAC Pays 4.4% dividend.
ECIL 9.07 down .07. Will pull back to 8.65.
VLO down .21. Got over yesterday's high and closed over it. Wants to go down to 53.50.
AAPL 67.72 down 1.89. Needs more volume to keep going down.
EXFO 7.38 up .75 with heavy volume. Going for 8.02. Has built a base since 2002. Action. Real resistance about 10. Caller was "dan from breckenridge".
CAU .91 up .06. Will soon break through trend line. Will test 1.05 then has resistance.
TAGS 1.32 up .12 with some volume. Has built a couple years of base. Wants to go to 1.40. Needs to test lower another time.
KBX 2.65 up .17 with volume. Going to 3.
SVM.TO 13.49 up 1.87 with heavy volume. Keep an eye on this.
SMH 37.94 down .56. In consolidation. Under 36.87 would signal a problem, and this should not happen. May sell off Monday, should be higher later in the week. Inside contains KLIC. Contains INTC which was weak. 10 stocks make up 80% of this.
KLIC 11.55 down .19.
INTC OK.
TXN Dynamite.
AMAT Close.
KLAC Really good.
AMD 39.51 down 1.82. Volume off the top. Not good.
EWJ 13.53 down .19. Mimics Nikkei. Will test lower about .40. Longer term likes the setup.
RBAK 21.75 up 1.20. Volume is lightening up. Finishing weekly ABC up. Sell near 24.
NVAX 5.40 up .02. Gap open at 5.12. Volume is drying up. Be very careful if long.
RIMM Settled patent dispute after market close.
MEDI 36.65 up .31. Not a great short. Volumes are not clear. Don't short this industry group.
DROOY Action. Going to 2.05.
ITRI 60.55 down .48. Time to close the long.
MBAY 1.48 up .37.
INDU 11021.59 down down 3.92. Lighter volume. Bullish.
CCMP 2302.60 down 8.51. Higher high with higher volume. Short term can pull back. Longer term building cause to break highs.
Gold 566.80 down 1.20. Junior golds are running.
INTC 20.32 down .17 with volume. Closed higher than lower, is back inside trading range. Is testing low from September 2004. Needs time here.
CSCO 21.04 up .16. Not a short.
QQQQ 41.45 down .24. In consolidation. Today higher high with higher volume. Resistance is January 20 2006 down day. Can go .30 lower. Wants to go higher.
BKHM 8.46 up .97 with volume. Hit 8.75 intraday. Good chart, needs time to pull back and build cause.
GLW 26.64 up .38. Didn't hold high today. Finished ABC up. Will consolidate.
ALKS 25.74 down .14. Broke out February 27, 2006. Can pull back to 23 with lighter volume and be okay.
NOV 62.74 up .08. Can go down to 55.
FF 16.27 up .01. Not a long.
BAC Pays 4.4% dividend.
ECIL 9.07 down .07. Will pull back to 8.65.
VLO down .21. Got over yesterday's high and closed over it. Wants to go down to 53.50.
AAPL 67.72 down 1.89. Needs more volume to keep going down.
EXFO 7.38 up .75 with heavy volume. Going for 8.02. Has built a base since 2002. Action. Real resistance about 10. Caller was "dan from breckenridge".
CAU .91 up .06. Will soon break through trend line. Will test 1.05 then has resistance.
TAGS 1.32 up .12 with some volume. Has built a couple years of base. Wants to go to 1.40. Needs to test lower another time.
KBX 2.65 up .17 with volume. Going to 3.
SVM.TO 13.49 up 1.87 with heavy volume. Keep an eye on this.
SMH 37.94 down .56. In consolidation. Under 36.87 would signal a problem, and this should not happen. May sell off Monday, should be higher later in the week. Inside contains KLIC. Contains INTC which was weak. 10 stocks make up 80% of this.
KLIC 11.55 down .19.
INTC OK.
TXN Dynamite.
AMAT Close.
KLAC Really good.
AMD 39.51 down 1.82. Volume off the top. Not good.
EWJ 13.53 down .19. Mimics Nikkei. Will test lower about .40. Longer term likes the setup.
RBAK 21.75 up 1.20. Volume is lightening up. Finishing weekly ABC up. Sell near 24.
NVAX 5.40 up .02. Gap open at 5.12. Volume is drying up. Be very careful if long.
RIMM Settled patent dispute after market close.
MEDI 36.65 up .31. Not a great short. Volumes are not clear. Don't short this industry group.
DROOY Action. Going to 2.05.
ITRI 60.55 down .48. Time to close the long.
MBAY 1.48 up .37.
Thursday, March 02, 2006
Ideas
DROOY 1.55 up .10. Buy soon looking for 2.02.
JDSU 3.49 up .32. Can retest 5.88 from January 2004.
BLS VZ. Telecoms that pay dividends. See price from 2000 and 2002.
TSM 9.95 down .10. 3% dividend. Getting close to a buy.
CIEN 4.64 up .29 with volume. Possible buy.
JDSU 3.49 up .32. Can retest 5.88 from January 2004.
BLS VZ. Telecoms that pay dividends. See price from 2000 and 2002.
TSM 9.95 down .10. 3% dividend. Getting close to a buy.
CIEN 4.64 up .29 with volume. Possible buy.
Ideas
DROOY 1.55 up .10. Buy soon looking for 2.02.
JDSU 3.49 up .32. Can retest 5.88 from January 2004.
BLS VZ. Telecoms that pay dividends. See price from 2000 and 2002.
TSM 9.95 down .10. 3% dividend. Getting close to a buy.
CIEN 4.64 up .29 with volume. Possible buy.
JDSU 3.49 up .32. Can retest 5.88 from January 2004.
BLS VZ. Telecoms that pay dividends. See price from 2000 and 2002.
TSM 9.95 down .10. 3% dividend. Getting close to a buy.
CIEN 4.64 up .29 with volume. Possible buy.
20060302 Tom PM
INDU 11025.51 down 28
SPX 1289.14 down 2.10.
CCMP 2311.11 down 3.53.
Markets running higher.
Gold 572.
Silver 10.17 new high from 1984.
SPX 1289.14 down 2.10.
CCMP 2311.11 down 3.53.
Markets running higher.
Gold 572.
Silver 10.17 new high from 1984.
NG 13.82 up 1.32. Took out swing point.
BGO 4.57 up .32. Took out high. Hold if long. Cause built since November 2003.
AEM 28.18 up 1.58.
GG Looks good.
KGC TRE Ready to go.
DROOY 1.55 up .10. Action. Took out swing. Going back to 2.02 then can go higher. Tom bought this morning.
TS 179.41 up 12.16. Steel producer. Hold the long until 190 then it will pull back.
MO 71.61 down .44. Not a long candidate.
SIL 24.27 up 2.26. Has done 100% move in two weeks. Get ready for it to pull back. Can pull back to 19.
ARTG 2.94 up .01. Consolidating.
AUY 9.12 up .12. Pushing highs with monster volume. If it breaks out can go to 14.
JDSU 3.49 up .32 with volume. Action.
BLS 31.88 up .09. 3% dividend. Telecoms want to take off. Weekly close over 32 and it is going to 40.
TSM 9.95 up .10. 3% dividend. Action.
USG 85.47 down 1.03. Hold a long. Looks good.
AUA.CN 1.80 down .17. Buy at 1.40.
NSTK 14.43 down 8.59. Blow out on the downside. Wait for bounce, under 14.43 with lighter volume, and then a sign of strength. There is support a little lower.
FWLT 47.34 up 1.04. Consolidation, can trade down to 42.
WBSN 62.07 down .59. Big consolidation.
GFI 21.57 down 1.63 with volume. A business partner selling shares. Try to buy at 19.50.
AAPL Not a short because market is going up.
AVNX 1.69 up .01. Today higher high then closed a penny under yesterday is a short term problem. Can come back to 1.42. Is going to pull back.
CNXT 3.17 down .11. February 07 2005 came down with volume to 2.61. This needs to be tested.
PETM 28.25 up 2.04. Making way back into gap from August 2005. Buy retracement then can go back to 36.
GOOG 376.45 up 11.65. Counter trend move up from big down day of February 28 2006. Eventually will get back to 300. Close over 397 and it can go to 440.
ALTI 3.67 up .18. Can test the high of 6.42. May pull back to 3.45.
CIEN 4.64 up .29 with volume. Action. Has base from June 2004. Going to 6.
XSNX 1.60 up .08. Looks good. Consolidation.
SPNC 11.43 down .08. Nice setup. Needs more volume and can test 13.38.
RGLD 31.42 up .70 with volume. Yesterday had volume coming down. Be careful if long.
CRDN 60.08 down 1.23. IBD 100 stock. February 08 2006 sell off with volume is a problem. Now pushing highs with volume. Wait for a better setup.
Wednesday, March 01, 2006
PayPal Stops Sales At Gold Info Site
The quick ramp-up of sales from jsmineset.com caused PayPal to stop processing their transactions. The site has been too successful selling their CDs!
Wednesday, March 01, 2006, 2:17:00 AM EST
Online CD Sales
We are still waiting for PayPal to approve the reactivation of our online payment feature for Jim Sinclair’s Gold Compendium. These folks (PayPal - an E-Bay subsidiary) redefine "arbitrary" in terms of their dealings with common folk like us.
In any event, we are all caught up with our advanced mail orders (which were payable by check) and are working on mailing out the online orders we received before PayPal concluded that our sales volume made us suspect.
We haven't given up with online sales yet and invite suggestions from readers who have had success dealing with this internet behemoth which is becoming a fossil before its time.
David Duval
Managing Editor
Wednesday, March 01, 2006, 2:17:00 AM EST
Online CD Sales
We are still waiting for PayPal to approve the reactivation of our online payment feature for Jim Sinclair’s Gold Compendium. These folks (PayPal - an E-Bay subsidiary) redefine "arbitrary" in terms of their dealings with common folk like us.
In any event, we are all caught up with our advanced mail orders (which were payable by check) and are working on mailing out the online orders we received before PayPal concluded that our sales volume made us suspect.
We haven't given up with online sales yet and invite suggestions from readers who have had success dealing with this internet behemoth which is becoming a fossil before its time.
David Duval
Managing Editor
Tuesday, February 28, 2006
Ideas
Stock markets were down, gold was up.
AVNX 1.42 up .09 on double average daily volume. Closed above high from December 27, 2005. This is strong is going up.
BEAS Relative strength.
ESLR Relative strength.
TRAD Relative strength.
ROS Sold off after big up day yesterday. Volume heavy.
AVNX 1.42 up .09 on double average daily volume. Closed above high from December 27, 2005. This is strong is going up.
BEAS Relative strength.
ESLR Relative strength.
TRAD Relative strength.
ROS Sold off after big up day yesterday. Volume heavy.
Monday, February 27, 2006
20060227 Tom PM
SPX Short term problem.
INDU Wants to go back 80 points.
Nasdaq Broke up through down channel line.
Silver is strong. Has different chart than gold.
NEM 54.78 down 3.32 after numbers. It had come down with volume then back up with lighter volume. This was not quality volume going up.
DNA 86.09 up 1.14. Broke through down channel. Running in to resistance. Needs time to build cause.
PAYX 39.71 up 2.03. Came up to the down day December 22 2005, this is resistance. Buy pull back to 38.5.
EMC 14.18 up .25. Volume is coming in to take out 14.65 from 2003.
NOK 18.79 up .08. 2.4% dividend. Looks good.
NAT 31 down .47. 24% dividend. Had volume off the top in March 2005. This stock is setting up to go to 14.
REGN 17.50 up 1.50. Broke out. 800K shares tomorrow and it will go to 20.43. Put in sell before it gets there, as it will pull back.
RGLD 32.13 down 1.77. Wants to go lower.
OVTI 25.93 up .53. Some day can come down to 22.49.
AMZN 38.01 down .34. Hasnt shown sign of strength since gap down in February 2006. So this is not a long. Should test bottoms at 37.30. If you are long, put stop at 37.20 because after that it can go to 32.79.
AGT .59 up .09. Miner. Finishing ABC, has 7 more cents in it.
AAPL 70.99 up .47. Volume is picking up on the way down. Wants to go to 59 then 51 longer term.
CAKE 36.25 up .16. Consolidation. Can buy in low 30s.
VZ 34.06 up .25. Nice long term hold and buy at 33.60.
GROW 14.60 down .78. Coming back to around 12. Price is coming down with lighter volume, this is a bull market for commodities.
SMDI 8.25 up 1.40. Pushing highs without volume. Eventually wants to go to 10. Buy retracement to breakout at 7.27.
INDU Wants to go back 80 points.
Nasdaq Broke up through down channel line.
Silver is strong. Has different chart than gold.
NEM 54.78 down 3.32 after numbers. It had come down with volume then back up with lighter volume. This was not quality volume going up.
DNA 86.09 up 1.14. Broke through down channel. Running in to resistance. Needs time to build cause.
PAYX 39.71 up 2.03. Came up to the down day December 22 2005, this is resistance. Buy pull back to 38.5.
EMC 14.18 up .25. Volume is coming in to take out 14.65 from 2003.
NOK 18.79 up .08. 2.4% dividend. Looks good.
NAT 31 down .47. 24% dividend. Had volume off the top in March 2005. This stock is setting up to go to 14.
REGN 17.50 up 1.50. Broke out. 800K shares tomorrow and it will go to 20.43. Put in sell before it gets there, as it will pull back.
RGLD 32.13 down 1.77. Wants to go lower.
OVTI 25.93 up .53. Some day can come down to 22.49.
AMZN 38.01 down .34. Hasnt shown sign of strength since gap down in February 2006. So this is not a long. Should test bottoms at 37.30. If you are long, put stop at 37.20 because after that it can go to 32.79.
AGT .59 up .09. Miner. Finishing ABC, has 7 more cents in it.
AAPL 70.99 up .47. Volume is picking up on the way down. Wants to go to 59 then 51 longer term.
CAKE 36.25 up .16. Consolidation. Can buy in low 30s.
VZ 34.06 up .25. Nice long term hold and buy at 33.60.
GROW 14.60 down .78. Coming back to around 12. Price is coming down with lighter volume, this is a bull market for commodities.
SMDI 8.25 up 1.40. Pushing highs without volume. Eventually wants to go to 10. Buy retracement to breakout at 7.27.
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