Options expiration. Bears are selling into market.
A lot of earnings: aaple, amd.
S&P cash is what you want to watch. It is rejecting the low today. Did not get to bottom of break out area.
TRIN is saying we are flat on fear/greed and not at greed.
If market closes flat today, there will be a monster move up later this week.
INTC and YHOO down.
Nikkei DAX FTSI down.
Nikkei going back to confluence. Natural retracement in bull market.
DAX Natural retracement in bull market.
Gold off 8.10. Consolidation to 492.
AAPL 83.48 down 1.23. Rejecting lower price, is not giving it up.
EBAY 45.38 down .03. Rejecting price. Still in consolidation.
IVAN 2.83 up .45. Something is going on fundamentally.
VZ 31.26 down .22. Is a buy here. Long term will go to at least 36.
INTC 22.81 down 2.71.
Wednesday, January 18, 2006
Tuesday, January 17, 2006
20060117 Tom AM
IMA 20.75 up .13. Consolidation, now at high end of range. Will fill the gap from a couple weeks ago.
PLCE46.09 down .33. Let it come back a little further to 41.16.
PLT 31.08 down .81.
SUNW 4.63 down .08. Try to buy near 4.38 or 4.60.
WFMI 71.5 down 1.82. Don't go long here. Had high volume off top, will test volume down day from November at 66.
CMED 41.44 u 3.74. Will probably flip into consolidation.
PLCE46.09 down .33. Let it come back a little further to 41.16.
PLT 31.08 down .81.
SUNW 4.63 down .08. Try to buy near 4.38 or 4.60.
WFMI 71.5 down 1.82. Don't go long here. Had high volume off top, will test volume down day from November at 66.
CMED 41.44 u 3.74. Will probably flip into consolidation.
Monday, January 16, 2006
20060116 To Research
Possible longs:
RIG
CRM
ANDS
RNAI
NVEC
CFW
NEM
MNST
Possible short:
Q After it runs into options expiry this week.
From Barron's article on GM junk bonds with high yield:
GMS
XGM
HGM
RGM
BGM
GPM
GXM
RIG
CRM
ANDS
RNAI
NVEC
CFW
NEM
MNST
Possible short:
Q After it runs into options expiry this week.
From Barron's article on GM junk bonds with high yield:
GMS
XGM
HGM
RGM
BGM
GPM
GXM
Friday, January 13, 2006
20060113 Tom PM
Gold finished at highs.
Silver not backing away from high. Can go to 11 from September 1983.
Option expiration next week.
NEM 59.87 up 1.91. May do another leg up.
TRE Has low float.
HANS 104.31 up 12.16.
TLT 92.12 up .62.
BVG 1.44 up .11. Has no business operations. Fundamentally don't get in this.
SNDK 72.83 down 4.39. Buy 61-63.
TRE 6.84 up .73. Tom owns for free. Over highs again. Closed over high, so can go higher next week. Will come down to 5.03.
ERES 18.23 down .10. Broke up with volume and is going sideways.
BCON 2.14 up .04. Tom bought at 1.87. There are no sellers.
DESC 8.84 down .05. 10.70 high volume day hasn't been tested. Try to buy around 7.98, though risk/reward is not really in place.
LU 2.65 down .06 with high volume. Rejected the low. Was shakeout if it moves up in the next three days.
HMY 14.95 up .87. Closed at highs and can go higher. GFI same thing.
SUNW 4.71 up .31. Volume, spiked up to 5. Range 4.38 - 5. More consolidation. Good looking chart. Put a dent into the January gap down. Next time will blow away gap.
NGS 16.90 down .47. Can go down to 13.62.
GE 35.10 up .10. Going top side.
Silver not backing away from high. Can go to 11 from September 1983.
Option expiration next week.
NEM 59.87 up 1.91. May do another leg up.
TRE Has low float.
HANS 104.31 up 12.16.
TLT 92.12 up .62.
BVG 1.44 up .11. Has no business operations. Fundamentally don't get in this.
SNDK 72.83 down 4.39. Buy 61-63.
TRE 6.84 up .73. Tom owns for free. Over highs again. Closed over high, so can go higher next week. Will come down to 5.03.
ERES 18.23 down .10. Broke up with volume and is going sideways.
BCON 2.14 up .04. Tom bought at 1.87. There are no sellers.
DESC 8.84 down .05. 10.70 high volume day hasn't been tested. Try to buy around 7.98, though risk/reward is not really in place.
LU 2.65 down .06 with high volume. Rejected the low. Was shakeout if it moves up in the next three days.
HMY 14.95 up .87. Closed at highs and can go higher. GFI same thing.
SUNW 4.71 up .31. Volume, spiked up to 5. Range 4.38 - 5. More consolidation. Good looking chart. Put a dent into the January gap down. Next time will blow away gap.
NGS 16.90 down .47. Can go down to 13.62.
GE 35.10 up .10. Going top side.
Wednesday, January 11, 2006
20060111 Matt
SIRI Stern selling $200M of stock.
FWLT Heavy construction.
MTW New all time high. Look at this sector - farm and machinery.
AQNT
DD Guided lower. 2 1/2 month low.
FWLT Heavy construction.
MTW New all time high. Look at this sector - farm and machinery.
AQNT
DD Guided lower. 2 1/2 month low.
Tuesday, January 10, 2006
20060110 Marc and Harry
Marc
Expect high market volatility this year.
IRL 22.65. Very low volume. Ireland fund.
VWO 64.80. Emerging markets fund. Buy on pull back to 62-63.
IT 13.90. High short interest. Through 14 and it can squeeze the shorts.
HITK 47.44. Bullish pattern. Stochastics and volume bullish.
VPHM 20.66. Working in to gap. Can go to 22 depending on market.
IDCC 19.48. Consolidating between 18 and 20.
PANL 12.15. Very high short interest. Not a buy here.
Harry:
HITK Looks higher. 3 for 1 split tomorrow. Splits are good in bull market.
SIGM Twelve year high. Conference tomorrow. Technicals and fundamentals are right. High short interest.
OTIV Good technicals and base pattern. Money flow at 52 week high price not at 52 week high. This divergence will make it explode. Will move 5-10 points in next three weeks.
AGIX Good base pattern, broke out, now flagging.
APSG Good base pattern, broke out, now flagging.
DO Has already run.
VRTX Great base. High volume break away gap. Flag. Following channel.
NUAN Wait for pull back.
ADY Monster volume. Overbought. Wait to buy.
Expect high market volatility this year.
IRL 22.65. Very low volume. Ireland fund.
VWO 64.80. Emerging markets fund. Buy on pull back to 62-63.
IT 13.90. High short interest. Through 14 and it can squeeze the shorts.
HITK 47.44. Bullish pattern. Stochastics and volume bullish.
VPHM 20.66. Working in to gap. Can go to 22 depending on market.
IDCC 19.48. Consolidating between 18 and 20.
PANL 12.15. Very high short interest. Not a buy here.
Harry:
HITK Looks higher. 3 for 1 split tomorrow. Splits are good in bull market.
SIGM Twelve year high. Conference tomorrow. Technicals and fundamentals are right. High short interest.
OTIV Good technicals and base pattern. Money flow at 52 week high price not at 52 week high. This divergence will make it explode. Will move 5-10 points in next three weeks.
AGIX Good base pattern, broke out, now flagging.
APSG Good base pattern, broke out, now flagging.
DO Has already run.
VRTX Great base. High volume break away gap. Flag. Following channel.
NUAN Wait for pull back.
ADY Monster volume. Overbought. Wait to buy.
20060110 Me
CMRG 6.74 down .02 on average daily volume. Buy on pull back to 6.
KRY 2.60 up .19 on double average daily volume. Miner. Buy on pull back to 2.
MDTL 16.25 up .97 on nearly double average daily volume. Buy on pull back to 15.
LDIS 5.62 up .24 on nearly double average daily volume. Going to 6.5.
NXG 2.03 up .04 on nearly double average daily volume. If it can stay above two then it can go to 2.5.
TASR 8.79 up .59 on double average daily volume. Can run to 9.
ABLE 7.50 up .43. Broke the down trend and 20 day moving average.
BCON 2.13 up .22 on double average daily volume. Buy the pull back to 1.85.
KRY 2.60 up .19 on double average daily volume. Miner. Buy on pull back to 2.
MDTL 16.25 up .97 on nearly double average daily volume. Buy on pull back to 15.
LDIS 5.62 up .24 on nearly double average daily volume. Going to 6.5.
NXG 2.03 up .04 on nearly double average daily volume. If it can stay above two then it can go to 2.5.
TASR 8.79 up .59 on double average daily volume. Can run to 9.
ABLE 7.50 up .43. Broke the down trend and 20 day moving average.
BCON 2.13 up .22 on double average daily volume. Buy the pull back to 1.85.
Monday, January 09, 2006
20060109 Me
FORD 10.89 up 1.40. Check short interest. Still below 20, 50, 200 day moving average.
BOOM 33.74 up .40. Needs volume to sustain the price rise.
BOBJ 42.80 down .11. Volume was light ~60% average daily volume. A lot of support at 40. Gap at 38 is open.
IOTN 10.43 up .23. 50% higher than average volume.
GM 22.41 up 1.61. Double average daily volume.
BOOM 33.74 up .40. Needs volume to sustain the price rise.
BOBJ 42.80 down .11. Volume was light ~60% average daily volume. A lot of support at 40. Gap at 38 is open.
IOTN 10.43 up .23. 50% higher than average volume.
GM 22.41 up 1.61. Double average daily volume.
20060109 Tom PM
Gold got to 553.10. Testing shooting star and closed above it. Closed over the highs.
Gold equities are overbought and will pull back.
ONT 1.05 down .23. Volume accelerating on way down.
AEM 22.08 up .17. Wants to pull back.
CCJ 68.11 down .81. Buy at 63.39.
OSCI 2.60 up .17. Tom owns from 1.97. May go to 3.
RMBS Buy the pull back.
ENWV 12.53 up .10. Keep a tight stop.
RESP 38.40 up 1.55. Wants to go to 40. Don't think about going short in this bull market.
DROOY 1.68 down .13. Maybe buy at 1.49.
DELL Keep an eye on it. Not ready, but will move up in the future.
SNDK Keeps walking up.
NEM 58.51 up .81. Can extend further up.
AMTD 25.52 up .50. Announced six dollar dividend. Will pay January 24. Wants to trade to 29. Wait for pull back.
TRAD Wait for pull back.
FRO 38.34 down .13. Don't touch this.
VZ 31.48 up .13. Broke down trend. Pays 5.2% dividend. Tom bought in his personal account.
KBH 79.89 up 4.15. Can run to 89.
LDIS 5.38 up .27. More than double average daily volume. Has 6.50 written all over it.
WLS 110.56 up 8.26. Well off 52 week high. Laggard has overhead supply.
HOV 53.98 up 2.24. Has overhead supply.
ISRG 33 million shares in float. Hugging the highs.
DEN 16.85 up .16. Action to 18.25 then overhead supply and resistance.
Gold equities are overbought and will pull back.
ONT 1.05 down .23. Volume accelerating on way down.
AEM 22.08 up .17. Wants to pull back.
CCJ 68.11 down .81. Buy at 63.39.
OSCI 2.60 up .17. Tom owns from 1.97. May go to 3.
RMBS Buy the pull back.
ENWV 12.53 up .10. Keep a tight stop.
RESP 38.40 up 1.55. Wants to go to 40. Don't think about going short in this bull market.
DROOY 1.68 down .13. Maybe buy at 1.49.
DELL Keep an eye on it. Not ready, but will move up in the future.
SNDK Keeps walking up.
NEM 58.51 up .81. Can extend further up.
AMTD 25.52 up .50. Announced six dollar dividend. Will pay January 24. Wants to trade to 29. Wait for pull back.
TRAD Wait for pull back.
FRO 38.34 down .13. Don't touch this.
VZ 31.48 up .13. Broke down trend. Pays 5.2% dividend. Tom bought in his personal account.
KBH 79.89 up 4.15. Can run to 89.
LDIS 5.38 up .27. More than double average daily volume. Has 6.50 written all over it.
WLS 110.56 up 8.26. Well off 52 week high. Laggard has overhead supply.
HOV 53.98 up 2.24. Has overhead supply.
ISRG 33 million shares in float. Hugging the highs.
DEN 16.85 up .16. Action to 18.25 then overhead supply and resistance.
Sunday, January 08, 2006
Friday, January 06, 2006
20060106 Tom PM
Second up day of wide price spread. Confirmed ABC up today. We are going straight up.
Gold biggest up day since 1981 rejecting yesterday down day. Will consolidate for three or four months before taking off.
CHN China fund up with volume.
NEM 57.70 up 1.04. At sometime this will pull back to 52.49 (December 12 volume there). Volume has been going down with price going up. It is getting tired.
NG Volume accelerating on way up.
USNA 37.56 up .03. Need sign of strength before it will go up.
BGO 3.40 up .20. Did not hold upspike in price so short term bearish. Today broke down channel from 2003. Will go higher to take out 4.30.
ALKS 23.11 up .53. Can buy retracement at 18.95.
DEZ 3.33 up .54.
NGEN 2.68 unchanged. Consolidation. Needs sign of strength. Has a personality.
RADS 12.24 up .29. Tough to buy here because of money management.
MERX 8.15 up .18. Will run into resistance here.
IBM 84.95 up 2.95. Fundamentally is stopping pension.
TIE 73.23 up 3.24. Going up on lighter volume.
MSFT 26.91 up .08. Broke down trend January 3. Today rejected lower price. Can run to 27.75.
CCJ 68.92 up 1.21. Wait for pull back to buy.
IBIS 2.70 up .01. Wants to run to 4.45 from December. Action.
Gold biggest up day since 1981 rejecting yesterday down day. Will consolidate for three or four months before taking off.
CHN China fund up with volume.
NEM 57.70 up 1.04. At sometime this will pull back to 52.49 (December 12 volume there). Volume has been going down with price going up. It is getting tired.
NG Volume accelerating on way up.
USNA 37.56 up .03. Need sign of strength before it will go up.
BGO 3.40 up .20. Did not hold upspike in price so short term bearish. Today broke down channel from 2003. Will go higher to take out 4.30.
ALKS 23.11 up .53. Can buy retracement at 18.95.
DEZ 3.33 up .54.
NGEN 2.68 unchanged. Consolidation. Needs sign of strength. Has a personality.
RADS 12.24 up .29. Tough to buy here because of money management.
MERX 8.15 up .18. Will run into resistance here.
IBM 84.95 up 2.95. Fundamentally is stopping pension.
TIE 73.23 up 3.24. Going up on lighter volume.
MSFT 26.91 up .08. Broke down trend January 3. Today rejected lower price. Can run to 27.75.
CCJ 68.92 up 1.21. Wait for pull back to buy.
IBIS 2.70 up .01. Wants to run to 4.45 from December. Action.
Wednesday, January 04, 2006
20060104 Tom PM
Markets pushed into highs with volume. The retracement from late December was small, which means the market is strong. Option expiration 20th.
Gold market will probably go higher, but stocks are too extended to buy now. Wait for retracement to buy.
GLBL 12.62 up .24.
PIXR up 4.20.
PDLI 29.96 up 1.52. Hugging highs with volume. Closed at high. Over 30.79 and it can go to 39.
ONT 1.39 up .19. Wants to go to 2.22. Can get .20 more tomorrow.
AA 30.07 up .17. Broke long term down trend. Buy at 28.
NEM 58.04 up .90 with volume.
SIRI 6.36 down .16. Can test 6.08 and lower to 5.82.
IDNX 5.22 up .13. Wants to go to 5.41.
KGC 9.93 up .04. Great shape. Broken all highs. Wait for retracement to buy. Going to 12.50.
HPQ 29.61 up .84. Nice set up. Longer term to 39.
SIL 16.25 down .49. Tom sold. Something seemed with it. Acted okay yesterday and today.
MNG 2.49 up .01. 7 is still out there.
ADIC 10.15 up .26 into ice. Has had big volume down days. Maybe something is now happening.
Gold market will probably go higher, but stocks are too extended to buy now. Wait for retracement to buy.
GLBL 12.62 up .24.
PIXR up 4.20.
PDLI 29.96 up 1.52. Hugging highs with volume. Closed at high. Over 30.79 and it can go to 39.
ONT 1.39 up .19. Wants to go to 2.22. Can get .20 more tomorrow.
AA 30.07 up .17. Broke long term down trend. Buy at 28.
NEM 58.04 up .90 with volume.
SIRI 6.36 down .16. Can test 6.08 and lower to 5.82.
IDNX 5.22 up .13. Wants to go to 5.41.
KGC 9.93 up .04. Great shape. Broken all highs. Wait for retracement to buy. Going to 12.50.
HPQ 29.61 up .84. Nice set up. Longer term to 39.
SIL 16.25 down .49. Tom sold. Something seemed with it. Acted okay yesterday and today.
MNG 2.49 up .01. 7 is still out there.
ADIC 10.15 up .26 into ice. Has had big volume down days. Maybe something is now happening.
20060104 Tom AM
MNG 2.49 up .01. High volume shooting star. Can go to 2.26 and 2.03. Can buy at 2.14.
NGAS 10.51 down .27. Break out area is 9.05.\RIG Can buy on pull back.
NGAS 10.51 down .27. Break out area is 9.05.\RIG Can buy on pull back.
Monday, January 02, 2006
20060102 Me, Watch List
VZ 30.12 down .15 on average daily volume. 5.4% dividend. Will see 29s, then how low will it go?
AMZN 47.15 down .84 on 2/3 average daily volume. Can test gap at 44. Possible short in the morning.
LBTE .20. Announced .15 dividend for holders on January 9.
FORD 8.90 down .48 on 10% higher than average daily volume. One year chart is terrible. Can go back to 5 if market sells off. Has had a sharp sell off. Most holders are trapped higher, and it can continue lower with that selling pressure.
SNDK 62.82 up .15 on 1/2 average daily volume. Volume has been light on the way up and stochastics and RSI have turned down. Can pull back to mid-50s then 50. Possible short in the morning.
AMZN 47.15 down .84 on 2/3 average daily volume. Can test gap at 44. Possible short in the morning.
LBTE .20. Announced .15 dividend for holders on January 9.
FORD 8.90 down .48 on 10% higher than average daily volume. One year chart is terrible. Can go back to 5 if market sells off. Has had a sharp sell off. Most holders are trapped higher, and it can continue lower with that selling pressure.
SNDK 62.82 up .15 on 1/2 average daily volume. Volume has been light on the way up and stochastics and RSI have turned down. Can pull back to mid-50s then 50. Possible short in the morning.
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