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.
Tuesday, February 28, 2006
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.
Sunday, February 26, 2006
Ideas, Strong Market In Face Of Oil Processing Attack
The markets were nearly unchanged and held up very well considering:
talk of market being overbought,
terrorist attack on aramco oil processing facility sent oil, gold, and silver up.
The markets had every reason to sell off, yet they didn't. This sets up a nice week to be long and watch the bulls run.
Banking has been strong: WB, ACF is at 52 week high.
AVNX 1.39 up .12. Will need more volume to get above 1.5.
NFLX 25.97 up .26 on lighter volume. Range 25.50 - 26.12. Has been going up for a week. Price can always go higher along with the market, though the lighter volume is troubling so be careful with a long position.
SIFY 12.82. Basing and building cause for 14.
BBC 16.35 down .02. Try to buy mid-15s.
SRLM.PK 4.00 up .15. Miner. Has been strong. 52 week high is 4.65.
LDIS 5.52 up .17. Range was 5.33 - 5.52. Opened at low and closed at high, volume was average. The price spread and closing at high points to higher prices. 52 week high is 8.79. Nearly touched 6 in January 2006.
CUP 3.41 up .18 on light volume. Range 3.22 - 3.43. Opened at low and closed near high. Consolidating, keep an eye on the light volume.
COGT 22.88 up .69 on nearly average volume. Broke above 20 DMA and closed near 50 DMA. There was good price spread 22.12 - 23.28. Potential long next week.
RACK 37.99 up 1.38 on lighter volume. Opened at low and closed near high. Good price spread 36.45 to 38.34. Possible long next week. Keep a tight stop, as this has doubled since December 2005.
STXS 13.57 up 1.22 on five times average daily volume. Highest volume in two years of the stock trading. Range today 11.52 - 13.85. 52 week high is 15.80 set in January 2006. RSI and stochs have turned up. MACD is about to turn up.
GTI 4.92 up .21 on higher volume. Turning up and price starting to recover from big gap down with big volume in early February 2006. Today range 4.70 - 4.92.
FRG 3.51 up .11 on light volume. Gold and uranium miner.
ACMR 18 up .04 on light volume. Has a built a couple months of cause. In January 2006 it tested the low of November 2005 with much lighter volume. This is getting ready to head back to 25. Is above moving averages: 20, 50, 100. 200 day moving average is about 21.
QLTI 7.26 up .28 on double average daily volume. Nice daily price spread 6.86 - 7.37. Closed above 20, 50, and 100 day moving averages. Volume is coming in. Will work into gap at 7 3/4. This has cause to go up. Bio-pharma.
WTW 53.10 down .77 with volume. Has run out of upward steam. If the market turns down, consider shorting.
BGO 4.19 up .16. Today range 4.07 - 4.20. 52 week high is 4.39. Going into prices from 1997.
DSCO 8.06 down .35 on double average daily volume.
NANO 13.57 down .65. Can fall further.
talk of market being overbought,
terrorist attack on aramco oil processing facility sent oil, gold, and silver up.
The markets had every reason to sell off, yet they didn't. This sets up a nice week to be long and watch the bulls run.
Banking has been strong: WB, ACF is at 52 week high.
AVNX 1.39 up .12. Will need more volume to get above 1.5.
NFLX 25.97 up .26 on lighter volume. Range 25.50 - 26.12. Has been going up for a week. Price can always go higher along with the market, though the lighter volume is troubling so be careful with a long position.
SIFY 12.82. Basing and building cause for 14.
BBC 16.35 down .02. Try to buy mid-15s.
SRLM.PK 4.00 up .15. Miner. Has been strong. 52 week high is 4.65.
LDIS 5.52 up .17. Range was 5.33 - 5.52. Opened at low and closed at high, volume was average. The price spread and closing at high points to higher prices. 52 week high is 8.79. Nearly touched 6 in January 2006.
CUP 3.41 up .18 on light volume. Range 3.22 - 3.43. Opened at low and closed near high. Consolidating, keep an eye on the light volume.
COGT 22.88 up .69 on nearly average volume. Broke above 20 DMA and closed near 50 DMA. There was good price spread 22.12 - 23.28. Potential long next week.
RACK 37.99 up 1.38 on lighter volume. Opened at low and closed near high. Good price spread 36.45 to 38.34. Possible long next week. Keep a tight stop, as this has doubled since December 2005.
STXS 13.57 up 1.22 on five times average daily volume. Highest volume in two years of the stock trading. Range today 11.52 - 13.85. 52 week high is 15.80 set in January 2006. RSI and stochs have turned up. MACD is about to turn up.
GTI 4.92 up .21 on higher volume. Turning up and price starting to recover from big gap down with big volume in early February 2006. Today range 4.70 - 4.92.
FRG 3.51 up .11 on light volume. Gold and uranium miner.
ACMR 18 up .04 on light volume. Has a built a couple months of cause. In January 2006 it tested the low of November 2005 with much lighter volume. This is getting ready to head back to 25. Is above moving averages: 20, 50, 100. 200 day moving average is about 21.
QLTI 7.26 up .28 on double average daily volume. Nice daily price spread 6.86 - 7.37. Closed above 20, 50, and 100 day moving averages. Volume is coming in. Will work into gap at 7 3/4. This has cause to go up. Bio-pharma.
WTW 53.10 down .77 with volume. Has run out of upward steam. If the market turns down, consider shorting.
BGO 4.19 up .16. Today range 4.07 - 4.20. 52 week high is 4.39. Going into prices from 1997.
DSCO 8.06 down .35 on double average daily volume.
NANO 13.57 down .65. Can fall further.
Sun MicroSystems SUNW
SUNW's chart shows a lot of cause has been built.
TheStreet.com has an article about Sun being a possible value play.
Value investors have been quietly amassing shares of Sun. The company is in the midst of an overhaul of its business. The recently acquired StorageTek should boost margins and fit in well with Sun's product portfolio. The company is beginning to see some traction in its core business.
TheStreet.com has an article about Sun being a possible value play.
Value investors have been quietly amassing shares of Sun. The company is in the midst of an overhaul of its business. The recently acquired StorageTek should boost margins and fit in well with Sun's product portfolio. The company is beginning to see some traction in its core business.
Friday, February 24, 2006
20060224 Tom PM
Window dressing next week.
Gold up 11.
TTEK 18 up .61. Action.
VLO 56.19 up 1.34. Gave it up at the end of the day. Will come back to 53.25 next week. Still wants to test 56.85.
GTE 3.08 up .02. December 30 large sign of strength. Wants to go to 3.31 then 3.67.
SIRI 5.18 down .04. Under 5.09 and it will have big problems.
PTSC .72 down .03. Rocket a couple days ago. Be careful. Buy at .43 or even better at .25. Has been building cause and has a couple signs of strength.
GRS 16.75 up.24. Hit 52 week high today. Buy at 13. Not worth shorting the gold market.
NBR 67.64 down .74. Something wrong here, going down to 60.
INTC 20.36 up .07. Ugly, needs a lot of work.
MGAFF.OB 4.85 down .15. Uranium miner. Wants to go back to 5.46.
CMED 33.01 down .54. Dropping on lower volume, and there is nothing to support it.
GNBT 2.22 up .35. Has gone up from .82. Nice break topside today. Wait for pull back.
MNG 2.72 up .11. Hold if you are long. Acted good today. 2.92 may double top then consolidate. Wait to buy.
Gold up 11.
TTEK 18 up .61. Action.
VLO 56.19 up 1.34. Gave it up at the end of the day. Will come back to 53.25 next week. Still wants to test 56.85.
GTE 3.08 up .02. December 30 large sign of strength. Wants to go to 3.31 then 3.67.
SIRI 5.18 down .04. Under 5.09 and it will have big problems.
PTSC .72 down .03. Rocket a couple days ago. Be careful. Buy at .43 or even better at .25. Has been building cause and has a couple signs of strength.
GRS 16.75 up.24. Hit 52 week high today. Buy at 13. Not worth shorting the gold market.
NBR 67.64 down .74. Something wrong here, going down to 60.
INTC 20.36 up .07. Ugly, needs a lot of work.
MGAFF.OB 4.85 down .15. Uranium miner. Wants to go back to 5.46.
CMED 33.01 down .54. Dropping on lower volume, and there is nothing to support it.
GNBT 2.22 up .35. Has gone up from .82. Nice break topside today. Wait for pull back.
MNG 2.72 up .11. Hold if you are long. Acted good today. 2.92 may double top then consolidate. Wait to buy.
Ideas
VLO 54.85 up .30. Get short 55 and above. Can test 50.
VLY 24.44 up .14. Buy here.
BIVN 8.67 up .76 on huge volume. Will take out 52 week high of 9.18 and go further maybe to 10.
RMBS 32.05 up 3.79. May make it's way to 35. Too late to get long for long term hold, so wait for pull back. Short term it can go higher.
Q 6.32 up .03. Want more up volume to come in. May be good for longer term hold. Compare with other telecoms that also pay dividends such as VZ and T.
VLY 24.44 up .14. Buy here.
BIVN 8.67 up .76 on huge volume. Will take out 52 week high of 9.18 and go further maybe to 10.
RMBS 32.05 up 3.79. May make it's way to 35. Too late to get long for long term hold, so wait for pull back. Short term it can go higher.
Q 6.32 up .03. Want more up volume to come in. May be good for longer term hold. Compare with other telecoms that also pay dividends such as VZ and T.
Thursday, February 23, 2006
20060203 Tom PM
INDU 11069 down 68 with lighter volume.
Nasdaq 2279.32 down 3.85 on lighter volume.
Gold looks great. Gold equities doing ABC down.
ADBL 10.97 up 1.10. Will run for 11.57 then pullback. [short there?]
AAPL 71.75 up .43. OK to short here.
SCHW 16.56 up .16. Great looking chart. Try to buy at 14.48.
DE 77.75 down 1.14. Consolidation. Can pull back to 69.81. Wants to go to 92.
NVAX 4.92 up .04. Not ready to buy.
NTES 75.5 up 2.62. Numbers after hours that are good.
OIH 138.66 up .11. ABC down - down on higher volume up on lighter volume. Going to 132. Tom is short VLO.
CAT 72.35 down .71. Just finished ABC up. Can pull back to 65.
DD 40.57 down .32. Consolidation. Wants to run to 42 or 43.
VLO 54.85 up .30. Tom is short. February 10 big volume down day with 4 point spread. The price spread is important.
ITRI 59.43 up 1.93. Going to swing high of 60.81. They couldn't bust it down, so it is going up.
IGPG 1.12 down .05. Not a buy. Could see .84.
GE 33.26 down .13. Consolidation. March 2004 hit 28 with volume and this is a problem.
MAG.TO 3.34 up .13. Maybe buy a pull back.
CWTR 22.07 up .41. Volume today. Action. May run to 22.73 tomorrow. Higher later.
ENER 47.02 up 1.78. Not a buy. 39.81 had down volume and needs to be tested.
MFE 23.08 down .10. Came down with monster volume in January. Dangerous to be long. Below 21.75 can go much lower to 17.31.
WMT 45.70 up .22. OK to buy. Better to wait to buy VZ.
VZ 33.92 down .07. Buy at 32.90.
AAPL 71.75 up .43. ABC down maybe to 53. Has been going up with lighter volume. Maybe short here.
CRED 22.95 up .27. Consolidation can come back to 19. Needs to show sign of strength before buying.
Nasdaq 2279.32 down 3.85 on lighter volume.
Gold looks great. Gold equities doing ABC down.
ADBL 10.97 up 1.10. Will run for 11.57 then pullback. [short there?]
AAPL 71.75 up .43. OK to short here.
SCHW 16.56 up .16. Great looking chart. Try to buy at 14.48.
DE 77.75 down 1.14. Consolidation. Can pull back to 69.81. Wants to go to 92.
NVAX 4.92 up .04. Not ready to buy.
NTES 75.5 up 2.62. Numbers after hours that are good.
OIH 138.66 up .11. ABC down - down on higher volume up on lighter volume. Going to 132. Tom is short VLO.
CAT 72.35 down .71. Just finished ABC up. Can pull back to 65.
DD 40.57 down .32. Consolidation. Wants to run to 42 or 43.
VLO 54.85 up .30. Tom is short. February 10 big volume down day with 4 point spread. The price spread is important.
ITRI 59.43 up 1.93. Going to swing high of 60.81. They couldn't bust it down, so it is going up.
IGPG 1.12 down .05. Not a buy. Could see .84.
GE 33.26 down .13. Consolidation. March 2004 hit 28 with volume and this is a problem.
MAG.TO 3.34 up .13. Maybe buy a pull back.
CWTR 22.07 up .41. Volume today. Action. May run to 22.73 tomorrow. Higher later.
ENER 47.02 up 1.78. Not a buy. 39.81 had down volume and needs to be tested.
MFE 23.08 down .10. Came down with monster volume in January. Dangerous to be long. Below 21.75 can go much lower to 17.31.
WMT 45.70 up .22. OK to buy. Better to wait to buy VZ.
VZ 33.92 down .07. Buy at 32.90.
AAPL 71.75 up .43. ABC down maybe to 53. Has been going up with lighter volume. Maybe short here.
CRED 22.95 up .27. Consolidation can come back to 19. Needs to show sign of strength before buying.
Wednesday, February 22, 2006
20060222 Matt
RKH Regional bank holders. Contains some big banks.
Palisades Water Index contains some infrastructure, 25 stocks:
SWWC 1.4% dividend.
URS Hitting high prices from 1980.
DHR
LECO Machine tools. Buy on pull back. 13% short interest. Pays dividend.
Palisades Water Index contains some infrastructure, 25 stocks:
SWWC 1.4% dividend.
URS Hitting high prices from 1980.
DHR
LECO Machine tools. Buy on pull back. 13% short interest. Pays dividend.
Long Ideas, Short Ideas
LIFC up with good volume. Follow through tomorrow?
T 28.25 up .10. 4.7% dividend.
NFLX 26.37 up .63. RSI, MACD, and stochs have turned up.
Golds:
AU 54.91 up .41. Volume light. Nice point in chart turning up.
HL 5.19 up .13. RSI turned up. Looks to test 5.5.
TRE 6.60 up .17. Volume light. RSI and MACD turned up. Above moving averages. Can test 7.
SIGM 14.18 down .20. Showed weakness on market up day. MACD, Stochs, and RSI all going down. Is now in the middle, close below 13.75 and it can go to 12.
SIRI 5.29 up .11. 6 would be a nice price to short. 5.5 might be the short in next two days.
T 28.25 up .10. 4.7% dividend.
NFLX 26.37 up .63. RSI, MACD, and stochs have turned up.
Golds:
AU 54.91 up .41. Volume light. Nice point in chart turning up.
HL 5.19 up .13. RSI turned up. Looks to test 5.5.
TRE 6.60 up .17. Volume light. RSI and MACD turned up. Above moving averages. Can test 7.
SIGM 14.18 down .20. Showed weakness on market up day. MACD, Stochs, and RSI all going down. Is now in the middle, close below 13.75 and it can go to 12.
SIRI 5.29 up .11. 6 would be a nice price to short. 5.5 might be the short in next two days.
20060222 Tom PM
Gold Rejected lower prices today.
Dollar wants to strengthen.
Oil Retraced up, will go back down tomorrow.
VLO 54.55 down .97. Tom went short in the morning. Down volume was light. If breaks 47 with volume then it can go to 43. Needs volume tomorrow.
NVDA 46.38 down .08. Needs volume to keep going up.
YHOO 33.16 up .77. Going to 34.
AW 10.46 up .10. No rush to buy. Can buy around 10.01.
CHK 29.50 down 1.18. Going down.
CDE 5.73 up .22. Heading for high of 2004, in the 7s.
MOVI 3.56 up .52. Doesn't have a lot of cause. Over 60% short. Tomorrow want it to get over 5.07 with volume.
NSM 27.75 down .05. Rejected lower price today. Wants to go to 28.
RIMM 73.14 down 1.01. Not a short, though might go down another point. Has been showing some signs of strength. Is trying to break into 78.
MSO 18.88 up 2.39 with volume. Had earnings this morning. Building cause since October. Buy the retracement.
MDG 25.24 up 1.34. Monster volume. Action. Will attack 26.10.
UARM 28.20 up .80. Not yet ready to go. Had small sign of strength today. Needs to get on right side of 3X3.
S 23.80 down 1.13 on volume. Down on earnings. Now in consolidation. Bottom of consolidation is 22.43.
BOT 117.40 up 4.39. Not really ready to go. Buy close to 98.
LOUD .59 down .12. Buy closer to .40. The sector has better plays.
INFA 15.40 down .03. January sign of strength will be tested at 16.08. October low has not been tested. Be careful.
SGR 34.13 down .47. Went up 100% since hurricanes. Doesn't need to go higher.
PSO 12.45 down .15. Today was the buy.
Dollar wants to strengthen.
Oil Retraced up, will go back down tomorrow.
VLO 54.55 down .97. Tom went short in the morning. Down volume was light. If breaks 47 with volume then it can go to 43. Needs volume tomorrow.
NVDA 46.38 down .08. Needs volume to keep going up.
YHOO 33.16 up .77. Going to 34.
AW 10.46 up .10. No rush to buy. Can buy around 10.01.
CHK 29.50 down 1.18. Going down.
CDE 5.73 up .22. Heading for high of 2004, in the 7s.
MOVI 3.56 up .52. Doesn't have a lot of cause. Over 60% short. Tomorrow want it to get over 5.07 with volume.
NSM 27.75 down .05. Rejected lower price today. Wants to go to 28.
RIMM 73.14 down 1.01. Not a short, though might go down another point. Has been showing some signs of strength. Is trying to break into 78.
MSO 18.88 up 2.39 with volume. Had earnings this morning. Building cause since October. Buy the retracement.
MDG 25.24 up 1.34. Monster volume. Action. Will attack 26.10.
UARM 28.20 up .80. Not yet ready to go. Had small sign of strength today. Needs to get on right side of 3X3.
S 23.80 down 1.13 on volume. Down on earnings. Now in consolidation. Bottom of consolidation is 22.43.
BOT 117.40 up 4.39. Not really ready to go. Buy close to 98.
LOUD .59 down .12. Buy closer to .40. The sector has better plays.
INFA 15.40 down .03. January sign of strength will be tested at 16.08. October low has not been tested. Be careful.
SGR 34.13 down .47. Went up 100% since hurricanes. Doesn't need to go higher.
PSO 12.45 down .15. Today was the buy.
Tuesday, February 21, 2006
Short Idea, Long Ideas
PCNTF
IACI Working into the bottom of the down day in August 2005.
RNWK 52 week high is 9.08. Above 9.08 and this can move.
PDS Canadian driller trust. 9.3% dividend. 6 month weekly: Going down, and on balance volume and money flow turned down. 3 month daily: OBV turned up, price turning up, volume on up days has been light.
IACI Working into the bottom of the down day in August 2005.
RNWK 52 week high is 9.08. Above 9.08 and this can move.
PDS Canadian driller trust. 9.3% dividend. 6 month weekly: Going down, and on balance volume and money flow turned down. 3 month daily: OBV turned up, price turning up, volume on up days has been light.
Scottrade Restricts Limit Orders
Scottrade will not allow limit buy order of CGEN at 3.38. It traded as low as 3.88 today. Here is the screen:
Stock Order Entry Help on this page Help
COMPUGEN LTD
Price *Change *% Change Bid Ask B/A Size Open
4.07 0.04 0.99% 4.08 4.18 10x1 3.98
* Calculations (Change and % Change) based on previous day's close
Buy/Sell: Calculator
No. of shares: All Or None
Symbol: Find Symbol
Order Type:
Unable to enter the order because the limit price entered is too far away from the market price for stocks under $10.
Limit Price: $ 3.38
Stop Price: $
Trailing Stop Amount:
Trail Type:
Duration:
Stock Order Entry Help on this page Help
COMPUGEN LTD
Price *Change *% Change Bid Ask B/A Size Open
4.07 0.04 0.99% 4.08 4.18 10x1 3.98
* Calculations (Change and % Change) based on previous day's close
Buy/Sell: Calculator
No. of shares: All Or None
Symbol: Find Symbol
Order Type:
Unable to enter the order because the limit price entered is too far away from the market price for stocks under $10.
Limit Price: $ 3.38
Stop Price: $
Trailing Stop Amount:
Trail Type:
Duration:
Friday, February 17, 2006
20060217 Tom PM
Whoever bought gold today is going to get smoked. ABC down everywhere. Equities closed off highs.
PMU .79 up .05. Volume came in today. Can go to .90.
DELL 30.38 down 1.58. Low of 30.13 today with volume. Under the breakout area with higher volume. Want this to close 29.30 gap. Bounce on lighter volume will mean it is going lower.
SNDK 57.39 down 1.65. Can go into December 15 breakout at 53.
NVDA 47.47 up .27. Hit 50.72 today. Can retrace to 45.10. The buy is 45.51.
LU 2.81 down .07. Will test high volume day in January 13 of 2.39.
NBR 67.86 down 1.29. Need a bounce. Last engulfing. Short at 74.
NGEN 2.74 down .06. Consolidating. Buy around 2.67.
SIFY 12.28 up .125. 10.78 gap needs filled, buy there.
CGEN 4.03 up .05. Has had low volume. This is in the middle. 3.37 is a great buy. Have the buy in ahead of time.
WB 56.27 up .06. Beautiful looking stock. 3.6% dividend.
VZ 34.78 up .23. Buy the pull back at 32.90. 4.7% dividend.
SIRI Down .37 with monster volume on way to 3.92. [short a bounce next week]
Basil:
PG and other consumer stocks at all time high.
Banks rallying. JPM
Wheat ready to turn up after nine year bear.
Corn and soy are OK, wheat has a monthly and weekly that are strong.
Commodities are in bull market.
CNXT 3.00 down .01. Buy at 2.61 if volume is lighter.
WMT 46.10 down .53. Consolidation. May go down to breakout of 45.28.
ECU .77 up .03. Can pull back to .51.
BOL 72.71 up 1.18. Volume is accelerating. Bottom has been tested with lighter volume. Wants to go higher. Can go to 79.
FNSR 2.56 down .01. Intraday higher with lighter volume. Will consolidate around 2.22.
YHOO 32.76 up .01. Will test 31.70.
VLO 54.49 up .67. Maybe short early in week.
URBN 27.01 down .49. Consolidation.
GOOG 368.75 up 2.29. Too early to short. Can counter trend bounce to 394.
ORA 35.70 down 2.28. Volume off the top. Going back to break out of 27.75.
MATK 32.20 down .93. Let it go back to the breakout gap at 28.76 to buy.
SINA 22.52 down .16. Wait for 20.82 if volume is lower and it closes above 20.82 then buy.
MEDI 36.01 up .73. Let it go to 37.58 then if volume lighter can short.
MPET 1.91 up .04. Wants to go to 2.32 then 2.70.
PMU .79 up .05. Volume came in today. Can go to .90.
DELL 30.38 down 1.58. Low of 30.13 today with volume. Under the breakout area with higher volume. Want this to close 29.30 gap. Bounce on lighter volume will mean it is going lower.
SNDK 57.39 down 1.65. Can go into December 15 breakout at 53.
NVDA 47.47 up .27. Hit 50.72 today. Can retrace to 45.10. The buy is 45.51.
LU 2.81 down .07. Will test high volume day in January 13 of 2.39.
NBR 67.86 down 1.29. Need a bounce. Last engulfing. Short at 74.
NGEN 2.74 down .06. Consolidating. Buy around 2.67.
SIFY 12.28 up .125. 10.78 gap needs filled, buy there.
CGEN 4.03 up .05. Has had low volume. This is in the middle. 3.37 is a great buy. Have the buy in ahead of time.
WB 56.27 up .06. Beautiful looking stock. 3.6% dividend.
VZ 34.78 up .23. Buy the pull back at 32.90. 4.7% dividend.
SIRI Down .37 with monster volume on way to 3.92. [short a bounce next week]
Basil:
PG and other consumer stocks at all time high.
Banks rallying. JPM
Wheat ready to turn up after nine year bear.
Corn and soy are OK, wheat has a monthly and weekly that are strong.
Commodities are in bull market.
CNXT 3.00 down .01. Buy at 2.61 if volume is lighter.
WMT 46.10 down .53. Consolidation. May go down to breakout of 45.28.
ECU .77 up .03. Can pull back to .51.
BOL 72.71 up 1.18. Volume is accelerating. Bottom has been tested with lighter volume. Wants to go higher. Can go to 79.
FNSR 2.56 down .01. Intraday higher with lighter volume. Will consolidate around 2.22.
YHOO 32.76 up .01. Will test 31.70.
VLO 54.49 up .67. Maybe short early in week.
URBN 27.01 down .49. Consolidation.
GOOG 368.75 up 2.29. Too early to short. Can counter trend bounce to 394.
ORA 35.70 down 2.28. Volume off the top. Going back to break out of 27.75.
MATK 32.20 down .93. Let it go back to the breakout gap at 28.76 to buy.
SINA 22.52 down .16. Wait for 20.82 if volume is lower and it closes above 20.82 then buy.
MEDI 36.01 up .73. Let it go to 37.58 then if volume lighter can short.
MPET 1.91 up .04. Wants to go to 2.32 then 2.70.
Scottrade Debit Balance In Cash Account
I have an IRA with Scottrade. I haven't had any fees applied to my account (beyond commissions) and I don't trade much with this account. This is a cash account - no margin. Nevertheless, their systems allowed me to create a debit balance. I don't understand how this can happen.
IRA Debit $ 365.29
There is a debit balance in your IRA account.
If you have not yet made a contribution to your account this year (and are eligible to do so), please deposit funds; if you have already made a contribution for the year, sell enough stock to cover the debit.
If this debit balance is due to account transfer/reorganization fees charged against your account, you may be able to make a non-contributory deposit to clear up the debit.
Please contact us for further assistance.
IRA Debit $ 365.29
There is a debit balance in your IRA account.
If you have not yet made a contribution to your account this year (and are eligible to do so), please deposit funds; if you have already made a contribution for the year, sell enough stock to cover the debit.
If this debit balance is due to account transfer/reorganization fees charged against your account, you may be able to make a non-contributory deposit to clear up the debit.
Please contact us for further assistance.
Longs Ideas
AVNX Have been long this. Great base. Close above 1.48 and this can go to 2.
DVW 1.25. Covad. Nice chart. Taking a small long position here.
JOYG Supplies equipment to miners. Looking for an entry price...
Q Going to 7.
INSM & NAPS Need more research.
DVW 1.25. Covad. Nice chart. Taking a small long position here.
JOYG Supplies equipment to miners. Looking for an entry price...
Q Going to 7.
INSM & NAPS Need more research.
Thursday, February 16, 2006
20060216 Tom PM
SPX 1289 up 9.
Nasdaq 2294 up 18.
Dow 11120 up 61. Going to 13000.
Gold 550.
GLG 28.96 up 1.26. Counter trend bounce.
LLY 56.36 up .34. Buy here. Going for 59 if has volume then 63.
DELL 31.96 up .19. Numbers tonight. Going to 34.26. Then going for August gap at 37. Off the bottom then the gap becomes a magnet.
This is off bottom. Also has island bottom.
MCD 36.37 up .36. Wants to go up.
NAK 5.65 up .12. Volume was too light going up. Nearly done with retracement.
GOOG 366.46 up 24.08. Counter trend run to 395. Short on the second test of 395.
CAL 23.42 up .68.
STX 26.80 up .30. At highs. Stay long and watch volume tomorrow. Needs 10 million shares to keep going to 30.
CHK Don't buy this oil. Other oils can bounce.
GFIG 56.73 up 1.59. Good looking chart. Stay long.
HANS 89.96 up 3.77. Action.
KFY 20.10 up .24. Nice setup. A lot of cause. Can go to 26. Then no resistance to 37.
CYBS 8.57 down .03. Consolidation. Buy around 7.76. Built a huge base since 1999. Volume now is lighter than 2004, and that is a problem.
PBR 89.98 UP 5.33. Action. Will run for 94.
ERS 18.50 up 2.00. February 8 down day is a problem. Went topside today can go to 20.
HGSI 12.44 up .91. Going into the gap with volume. Broke B today. Will get the whole gap. After finishing gap it will pull back.
BSX 24.58 up 1.97. Will run for 26.56. Longer term has action in a couple years back to 45.
PCNTF 6.71 down .01. 5.82 is the buy.
TGB 1.80 up .03. 2.07 high has not been tested. It can break higher. Beautiful chart. Dynamite cause has been built.
SMH 38.70 up .50. Volume is dropping off. Just under channel line. Look inside index. Lam research shaking people out. KLAC shaking people out.
AGT .44. Wants to move right now. Wants to go to .48.
NEM 56.20 up 1.38. Watch this to follow if gold is doing counter trend bounce.
Nasdaq 2294 up 18.
Dow 11120 up 61. Going to 13000.
Gold 550.
GLG 28.96 up 1.26. Counter trend bounce.
LLY 56.36 up .34. Buy here. Going for 59 if has volume then 63.
DELL 31.96 up .19. Numbers tonight. Going to 34.26. Then going for August gap at 37. Off the bottom then the gap becomes a magnet.
This is off bottom. Also has island bottom.
MCD 36.37 up .36. Wants to go up.
NAK 5.65 up .12. Volume was too light going up. Nearly done with retracement.
GOOG 366.46 up 24.08. Counter trend run to 395. Short on the second test of 395.
CAL 23.42 up .68.
STX 26.80 up .30. At highs. Stay long and watch volume tomorrow. Needs 10 million shares to keep going to 30.
CHK Don't buy this oil. Other oils can bounce.
GFIG 56.73 up 1.59. Good looking chart. Stay long.
HANS 89.96 up 3.77. Action.
KFY 20.10 up .24. Nice setup. A lot of cause. Can go to 26. Then no resistance to 37.
CYBS 8.57 down .03. Consolidation. Buy around 7.76. Built a huge base since 1999. Volume now is lighter than 2004, and that is a problem.
PBR 89.98 UP 5.33. Action. Will run for 94.
ERS 18.50 up 2.00. February 8 down day is a problem. Went topside today can go to 20.
HGSI 12.44 up .91. Going into the gap with volume. Broke B today. Will get the whole gap. After finishing gap it will pull back.
BSX 24.58 up 1.97. Will run for 26.56. Longer term has action in a couple years back to 45.
PCNTF 6.71 down .01. 5.82 is the buy.
TGB 1.80 up .03. 2.07 high has not been tested. It can break higher. Beautiful chart. Dynamite cause has been built.
SMH 38.70 up .50. Volume is dropping off. Just under channel line. Look inside index. Lam research shaking people out. KLAC shaking people out.
AGT .44. Wants to move right now. Wants to go to .48.
NEM 56.20 up 1.38. Watch this to follow if gold is doing counter trend bounce.
Tuesday, February 14, 2006
"Money and Markets" Cell Phone Touts
"Money and Markets" newsletter touts companies that makes the stuff inside cell phones.
Some of the names they tout are:
AU Optronics (AUO)
Siliconware Precision Industries (SPIL)
ChipMOS Technology (IMOS)
Stats ChipPAC (STTS)
Some of the names they tout are:
AU Optronics (AUO)
Siliconware Precision Industries (SPIL)
ChipMOS Technology (IMOS)
Stats ChipPAC (STTS)
20060214 Tom AM
LIFC Not a buy.
SIFY Action. Gap at 10.78. If market takes off this will try to test 14.
COF Running for 88.56. Volume not quite high enough. High volume consolidation.
CTDC 9.07 up .34. Let it come back to 3.42.
BGO 3.76 up .03. Buy at 3.27 in two or three weeks heading into Indian buying season.
KBH 65.15 down .80. Eventually can get back to 22. Breaks 60 going to 35. Wait for a bounce to short.
YHOO 32.51 up .47. Acting okay to go long. Needs to close above 32.12. Wants to go to 34.05.
SIFY Action. Gap at 10.78. If market takes off this will try to test 14.
COF Running for 88.56. Volume not quite high enough. High volume consolidation.
CTDC 9.07 up .34. Let it come back to 3.42.
BGO 3.76 up .03. Buy at 3.27 in two or three weeks heading into Indian buying season.
KBH 65.15 down .80. Eventually can get back to 22. Breaks 60 going to 35. Wait for a bounce to short.
YHOO 32.51 up .47. Acting okay to go long. Needs to close above 32.12. Wants to go to 34.05.
Monday, February 13, 2006
Short Ideas
Sunday, February 12, 2006
Long Ideas
AVNX 1.29 up .06 with volume. Going back to 1.40, then re-evaluate for potential to take out 6. This one in the hundreds in 2000.
YHOO A way to play the bounce in the market.
SIFY 12.22 down .03 with volume. Volume nowhere near up volume of Monday, Tuesday, and Wednesday. Closed strong from being down to 11.61.
COGT 22.74. Has been going down on lighter volume. The sellers have dried up. Ready to bounce.
YHOO A way to play the bounce in the market.
SIFY 12.22 down .03 with volume. Volume nowhere near up volume of Monday, Tuesday, and Wednesday. Closed strong from being down to 11.61.
COGT 22.74. Has been going down on lighter volume. The sellers have dried up. Ready to bounce.
Yield Curve Inversion Stats
Check the three month and twenty year numbers on this site.
The thirty year bond was resumed February 9th.
The thirty year bond was resumed February 9th.
Friday, February 10, 2006
20060210 Tom PM
Everthing got tested and closed up. Can't break it down then break it up.
Next week is option expiration.
SPX Successfully tested January 20 down draft. We are going top side.
Nasdaq Successfully tested January 20 downdraft.
Dow Never got back down to the January 20 downdraft.
Gold is still going down, though the equities will bounce with the market.
Oil stocks are not going to go up with the market. They may trade sideways.
GLG 28.21 down .94. Going back up.
VLO 50.65 down 2.33. Big volume down today. Wants to go lower to 44.
BAC 43.92 up .09. Rejected the lower price. Tom was short and closed the short.
RGLD 32.91 down 1.06. Put on watch list to buy on a pull back. Will bounce even to 37. Longer term not the time to buy.
YHOO 32.51 up .01. Needs a little more to get out of down trend. With market going up, long risk/reward is okay. Wants to go to 35. Keep a stop at today's low of 32.10. Good high probability trade.
Basil:
TTH 28.41 up .34. Broke out.
MOT 21.60 down .01. Consolidating 19 - 24. January 20th volume down day 22.25. Not quite ready for long.
COA 1.65 down .12. Don't go long. Wants to break below 1.55.
PDN on Toronot 2.70 down .03. Doubled in two months so needs time to consolidate.
CHK 29.62 down .79. Don't buy yet. Oils want to pull back more.
ZIGO 18.45 up .24. Small ABC up. Wants to go to 20 then 21.33 the very top.
SNDK 61.24 up .16. Very small hammer so not very powerful. Personality stock. Wait for sign of strength before going long.
AAPL 67.31 up 2.36. Rejected low today. Going to bounce maybe to 72.51.
GNTA 2.80 down .34.
GENZ 68.05 up .42. Rejected 65.45 today. Can bounce, but not a buy.
BBH 190.70 up 1.30. Rejected lower price. Can go to 197.
BA 72.53 up .52. Action. Sitting at top of trend with some volume and wants to bust above it.
QQQQ 40.96 up .25. Don't be short. There are no more sellers.
SWP Toronto 8.09 down .05. Not a bad looking chart.
ADS 43.04 up .33. High volume low November 26 2005 31.90 that hasn't been tested. Personality stock. Also had down day June 8 2005.
OVTI 26.30 down .79. Almost rejected lower price today. Maybe ready to go up again, though this is extended. Up here the volume is drying up, so wait to buy.
ITRI 49.92 down .63. Nice looking chart, has built cause since September. Bounced today. Action here.
ACL 113.25 down 1.25. Let it bounce then short. The low at 75.65 has not been tested.
NDAQ 40.21 down .06. Consolidating. Can get to 46 again.
DOW 42.01 up .61. Off the bottom. Action. Consolidating 40 to 47.
NTO 3.76 down .20. A metal that does not want to pull back. Buy more at 3.51.
Next week is option expiration.
SPX Successfully tested January 20 down draft. We are going top side.
Nasdaq Successfully tested January 20 downdraft.
Dow Never got back down to the January 20 downdraft.
Gold is still going down, though the equities will bounce with the market.
Oil stocks are not going to go up with the market. They may trade sideways.
GLG 28.21 down .94. Going back up.
VLO 50.65 down 2.33. Big volume down today. Wants to go lower to 44.
BAC 43.92 up .09. Rejected the lower price. Tom was short and closed the short.
RGLD 32.91 down 1.06. Put on watch list to buy on a pull back. Will bounce even to 37. Longer term not the time to buy.
YHOO 32.51 up .01. Needs a little more to get out of down trend. With market going up, long risk/reward is okay. Wants to go to 35. Keep a stop at today's low of 32.10. Good high probability trade.
Basil:
TTH 28.41 up .34. Broke out.
MOT 21.60 down .01. Consolidating 19 - 24. January 20th volume down day 22.25. Not quite ready for long.
COA 1.65 down .12. Don't go long. Wants to break below 1.55.
PDN on Toronot 2.70 down .03. Doubled in two months so needs time to consolidate.
CHK 29.62 down .79. Don't buy yet. Oils want to pull back more.
ZIGO 18.45 up .24. Small ABC up. Wants to go to 20 then 21.33 the very top.
SNDK 61.24 up .16. Very small hammer so not very powerful. Personality stock. Wait for sign of strength before going long.
AAPL 67.31 up 2.36. Rejected low today. Going to bounce maybe to 72.51.
GNTA 2.80 down .34.
GENZ 68.05 up .42. Rejected 65.45 today. Can bounce, but not a buy.
BBH 190.70 up 1.30. Rejected lower price. Can go to 197.
BA 72.53 up .52. Action. Sitting at top of trend with some volume and wants to bust above it.
QQQQ 40.96 up .25. Don't be short. There are no more sellers.
SWP Toronto 8.09 down .05. Not a bad looking chart.
ADS 43.04 up .33. High volume low November 26 2005 31.90 that hasn't been tested. Personality stock. Also had down day June 8 2005.
OVTI 26.30 down .79. Almost rejected lower price today. Maybe ready to go up again, though this is extended. Up here the volume is drying up, so wait to buy.
ITRI 49.92 down .63. Nice looking chart, has built cause since September. Bounced today. Action here.
ACL 113.25 down 1.25. Let it bounce then short. The low at 75.65 has not been tested.
NDAQ 40.21 down .06. Consolidating. Can get to 46 again.
DOW 42.01 up .61. Off the bottom. Action. Consolidating 40 to 47.
NTO 3.76 down .20. A metal that does not want to pull back. Buy more at 3.51.
Thursday, February 09, 2006
20060209 Tom PM
SP ABC down is set up.
Dow 10883 up 24. Consolidation.
Nasdaq 2255.87 down 11.11.
Gold up 16. Probably won't go higher. Will go back down.
NEM 56.53 up .83.
GLG 29.15 up .68.
OXY 87.77 down 1.79. Has put in the top. Going to 85.
AAPL 64.95 down 3.86. ABC down confirmed. Going to 60.
GOOG 358.77 down 10.31. Going south to 336. First time there will bounce next time will go into gap 301-330 to fill this 10% gap. Get ready to get long at 301.
DELL 31.21 down .31. Had already proved no more sellers. Yesterday buyers came in. Put this on watch list for 29.86 buy.
SIRI 5.80 down .18. There is nothing here, don't be long. Under 4.80 then 3 then 2. If you are long, sell it.
AOB 5.12 down .27. Not even close to a buy.
RGEN 4.36 down .24. Looks good when market is ready. Buy around 3.27.
ADM 31.30 up .68. Good looking. Buy around 29.50.
AW 9.90 up .15. Great numbers after hours. Wants to go a lot higher.
CRY 4.55 up .21. Has built a little cause. Buy at 3.50.
LUV 16.51 up .17. Sideways move since November 2 with not much underneath. On a weekly building strength. Money management this can go south two points quickly.
CRDN 53.95 down .62. Strong stock.
FRK 56.74 up .36. Consolidation. Not bad though not huge cause built up. Wants to go to 58. Has a shot at 67.
HYGS 4.10 up .09. Has done 100% retracement so now needs to build cause to go up. Expect more consolidation.
FSL 27.92 up .36 Semiconductor. Some action, good looking. Wait until market pulls back.
QSII 79.85 down 7.05. Monster volume down. Down 13 more after hours after numbers. Shows people knew.
CDE 5.14 up .14. Sell now. Going to 4.34.
AVCT 34.23 up .48. Is back up at gap. Needs a few more months of cause.
Dow 10883 up 24. Consolidation.
Nasdaq 2255.87 down 11.11.
Gold up 16. Probably won't go higher. Will go back down.
NEM 56.53 up .83.
GLG 29.15 up .68.
OXY 87.77 down 1.79. Has put in the top. Going to 85.
AAPL 64.95 down 3.86. ABC down confirmed. Going to 60.
GOOG 358.77 down 10.31. Going south to 336. First time there will bounce next time will go into gap 301-330 to fill this 10% gap. Get ready to get long at 301.
DELL 31.21 down .31. Had already proved no more sellers. Yesterday buyers came in. Put this on watch list for 29.86 buy.
SIRI 5.80 down .18. There is nothing here, don't be long. Under 4.80 then 3 then 2. If you are long, sell it.
AOB 5.12 down .27. Not even close to a buy.
RGEN 4.36 down .24. Looks good when market is ready. Buy around 3.27.
ADM 31.30 up .68. Good looking. Buy around 29.50.
AW 9.90 up .15. Great numbers after hours. Wants to go a lot higher.
CRY 4.55 up .21. Has built a little cause. Buy at 3.50.
LUV 16.51 up .17. Sideways move since November 2 with not much underneath. On a weekly building strength. Money management this can go south two points quickly.
CRDN 53.95 down .62. Strong stock.
FRK 56.74 up .36. Consolidation. Not bad though not huge cause built up. Wants to go to 58. Has a shot at 67.
HYGS 4.10 up .09. Has done 100% retracement so now needs to build cause to go up. Expect more consolidation.
FSL 27.92 up .36 Semiconductor. Some action, good looking. Wait until market pulls back.
QSII 79.85 down 7.05. Monster volume down. Down 13 more after hours after numbers. Shows people knew.
CDE 5.14 up .14. Sell now. Going to 4.34.
AVCT 34.23 up .48. Is back up at gap. Needs a few more months of cause.
20060209 Tom AM
Metals bouncing with lighter volume.
NXG 2.25 up .12. Maybe buy at 1.80. Twenty year chart was at 11.
TIE 75.55 up 1.56. High volume consolidation 60-79. Not a short. Buy at 63.
PARL 35.47 up 1.72. High short interest. 6.3M float, 3.6M is short. Good looking chart. Stay long.
AMAT 20.64 up .54. Going for gap at 20.82. Buy next retracement around 19.50.
NXG 2.25 up .12. Maybe buy at 1.80. Twenty year chart was at 11.
TIE 75.55 up 1.56. High volume consolidation 60-79. Not a short. Buy at 63.
PARL 35.47 up 1.72. High short interest. 6.3M float, 3.6M is short. Good looking chart. Stay long.
AMAT 20.64 up .54. Going for gap at 20.82. Buy next retracement around 19.50.
Watch List Longs
OXPS May go long at 26.
AKAM
BITS
HQH 18.73. Low daily volume. 8.4% dividend. Buy near 18.
AKAM
BITS
HQH 18.73. Low daily volume. 8.4% dividend. Buy near 18.
Wednesday, February 08, 2006
20060208 Tom PM (with John Murphy)
DOW up 108. Nice up day.
SP cash up 10. Counter trend bounce. Still going downtown.
Nasdaq up 22.02. Bounce, consolidation, going down.
John Murphy:
(Yesterday commodities fell apart and Tom had many callers asking for John.)
In commodity secular bull market that was extended and due for correction that we got yesterday. It was logical spot for gold pull back.
Generational shift to hard assets.
Suggest defensive rotation to telecom and health care and semis. TTH telecom holders is strong ETF. VZ is a big holding.
AIG 66.38 up .58. May want to go higher.
VZ 32.59 up 1.09. Up with volume took out small swing point. Nice setup. When it gets to 40 there is nothing to stop if from 49.
T 27.13 up .21. Wants to go higher. Wants to take out B point tomorrow.
PFE 26.37 up 1.43. With volume. Going to 28.
NBR 76.15 up 1.04. Came off top with volume yesterday. Up today on much less volume. Needs to go under low and recover to prove sellers are gone before you buy.
SIRI 5.98 up .22. Don't be long.
CNXT 3.00 up .30. Not bad. Numbers yesterday and slammed. Needs successful test of breakout area at 2.61. Is in gap from July 2004. Resistance will be at 6.
SP cash up 10. Counter trend bounce. Still going downtown.
Nasdaq up 22.02. Bounce, consolidation, going down.
John Murphy:
(Yesterday commodities fell apart and Tom had many callers asking for John.)
In commodity secular bull market that was extended and due for correction that we got yesterday. It was logical spot for gold pull back.
Generational shift to hard assets.
Suggest defensive rotation to telecom and health care and semis. TTH telecom holders is strong ETF. VZ is a big holding.
AIG 66.38 up .58. May want to go higher.
VZ 32.59 up 1.09. Up with volume took out small swing point. Nice setup. When it gets to 40 there is nothing to stop if from 49.
T 27.13 up .21. Wants to go higher. Wants to take out B point tomorrow.
PFE 26.37 up 1.43. With volume. Going to 28.
NBR 76.15 up 1.04. Came off top with volume yesterday. Up today on much less volume. Needs to go under low and recover to prove sellers are gone before you buy.
SIRI 5.98 up .22. Don't be long.
CNXT 3.00 up .30. Not bad. Numbers yesterday and slammed. Needs successful test of breakout area at 2.61. Is in gap from July 2004. Resistance will be at 6.
Tuesday, February 07, 2006
20060207 Tom PM
All markets and asset classes are going lower.
There will be no mercy in the golds.
PD 152.53 down 12.66. Caller is short, take off the principal. May see 136 tomorrow.
TXN 30.62 up .08. Wants to go higher. Not a short. Semis had relative strength today.
CSCO 18.09 up .26. Numbers tonight. Consolidation.
BGO 3.97 down .34. Can start looking to buy at 3.12. Put this equity on future buy list.
AL 48.21 down 1.57. Pullback in all metals and commodities. Can see 42. Too late to short.
GLW 24.11 up .10. Relative strength. Rejected lower price. Needs to test 22.81.
IIIN 29.28 up .13. Buy retracement.
QQQQ 40.63 down .18. Volume was not high enough. Too late to short. Support .50 down from here. Want to go to 39 and 38.
Don't short gold unless you are a trader in front of the screen.
UARM IPO, slammed down 8 on numbers. Everyone is in a losing position. Wait to buy need proof of strength.
GRS 16.65 up .90 is a bad tick.
GOOG 367.92 down 17.18. Going down to 300. Even 276 is a normal 50% retracement.
HL 5.09 down .25. Tom owns. Wants to go to 4.37.
NXG 2.14 down .24.
PMU .78 up .01. Looks nice. In buy zone. Wait to buy until gold goes lower.
BCSI 24.37 down .37. Taken apart yesterday gapped down. Had gone up on no volume since gap from 19-24 in June. This stock is toast.
GLG 28.64 down 2.95. Might go down to 25.84.
There will be no mercy in the golds.
PD 152.53 down 12.66. Caller is short, take off the principal. May see 136 tomorrow.
TXN 30.62 up .08. Wants to go higher. Not a short. Semis had relative strength today.
CSCO 18.09 up .26. Numbers tonight. Consolidation.
BGO 3.97 down .34. Can start looking to buy at 3.12. Put this equity on future buy list.
AL 48.21 down 1.57. Pullback in all metals and commodities. Can see 42. Too late to short.
GLW 24.11 up .10. Relative strength. Rejected lower price. Needs to test 22.81.
IIIN 29.28 up .13. Buy retracement.
QQQQ 40.63 down .18. Volume was not high enough. Too late to short. Support .50 down from here. Want to go to 39 and 38.
Don't short gold unless you are a trader in front of the screen.
UARM IPO, slammed down 8 on numbers. Everyone is in a losing position. Wait to buy need proof of strength.
GRS 16.65 up .90 is a bad tick.
GOOG 367.92 down 17.18. Going down to 300. Even 276 is a normal 50% retracement.
HL 5.09 down .25. Tom owns. Wants to go to 4.37.
NXG 2.14 down .24.
PMU .78 up .01. Looks nice. In buy zone. Wait to buy until gold goes lower.
BCSI 24.37 down .37. Taken apart yesterday gapped down. Had gone up on no volume since gap from 19-24 in June. This stock is toast.
GLG 28.64 down 2.95. Might go down to 25.84.
20060207 Tom AM
All stocks are going to be sold.
Gold is down. Wait until gold show in May to buy.
HOV 45.96 down .82. Not a short now though 42 is wide open. Heading for 33.
OXY down 1.93. Lightish volume.
Golds don't have volume down.
GLG 30.09 down 1.50. Lightish volume.
NEM 58.33 down 2.15.
GOOG 369.12 down 15.98. Buy at 301.
AAPL 68.18 up .86. Not yet back inside range of 70.87.
RGLD 35.98 down 1.37. Wants to go back to 30. Buy at 31.40.
UCPI 1.45 down .09. High volume day of 2.49. Buy at 1.05.
DELL 29.61 up .29. Building base, not yet ready to go higher.
NG 12.28 down .36. Really strong, hit highs with volume. Buy 10.03 to 10.95.
AUY 8.82 down .28. Buy at 7.17.
ADP 44.63 down .69. Acting fine in a down market.
HANS going down to 54.
GG 25.7 down 1.05. If bounces to 26.46 on lighter volume, then can get short or buy puts. There are easier shorts.
Gold is down. Wait until gold show in May to buy.
HOV 45.96 down .82. Not a short now though 42 is wide open. Heading for 33.
OXY down 1.93. Lightish volume.
Golds don't have volume down.
GLG 30.09 down 1.50. Lightish volume.
NEM 58.33 down 2.15.
GOOG 369.12 down 15.98. Buy at 301.
AAPL 68.18 up .86. Not yet back inside range of 70.87.
RGLD 35.98 down 1.37. Wants to go back to 30. Buy at 31.40.
UCPI 1.45 down .09. High volume day of 2.49. Buy at 1.05.
DELL 29.61 up .29. Building base, not yet ready to go higher.
NG 12.28 down .36. Really strong, hit highs with volume. Buy 10.03 to 10.95.
AUY 8.82 down .28. Buy at 7.17.
ADP 44.63 down .69. Acting fine in a down market.
HANS going down to 54.
GG 25.7 down 1.05. If bounces to 26.46 on lighter volume, then can get short or buy puts. There are easier shorts.
Monday, February 06, 2006
20060207 Tom PM
SP500 Up without volume today. This is a problem.
Dow 10798. Building cause for way down.
Nasdaq 2258. Rejected lower price.
GT 15.27 up .06. Sellers are drying up. Hasn't shown it is ready to go up. Wait fo sign up strength - up day over swing point with volume - then buy next retracement. Don't buy now because it can stay in this range a long time.
DIS 24.96 down .05. Numbers tonight. Up .30 after hours. Consolidation.
NUE 87.81 up 5.18. Action. ABC to 100.
AAPL 67.3 down 4.54. Down with volume. Broke B with volume. Going to 60.
SNDK 62.4 down 1.65. Volume accelerating down.
RMBS 29.16 up 1.98. Will go lower. Long term to 80 or 100 because first break topside was with volume. Wait for retracement. Was at 127 with volume in 2000.
OXY 93.99 up 2.54. Consolidation. Toss up.
XOM 61.97 up .58. Same.
X 61.57 up 3.65. Steels doing ABC up.
Semis doing ABC down.
FPP 8.50 up .45. Will go for 9.20. Consolidating since October.
HEC .78 up .05. Wants to go up to swing point at .85. FPP is a better long.
DBC 24.20 down .30. Commodity index tracking fund.
TIE 78.96 up 4.52. High volume consolidation. Not a short.
Dow 10798. Building cause for way down.
Nasdaq 2258. Rejected lower price.
GT 15.27 up .06. Sellers are drying up. Hasn't shown it is ready to go up. Wait fo sign up strength - up day over swing point with volume - then buy next retracement. Don't buy now because it can stay in this range a long time.
DIS 24.96 down .05. Numbers tonight. Up .30 after hours. Consolidation.
NUE 87.81 up 5.18. Action. ABC to 100.
AAPL 67.3 down 4.54. Down with volume. Broke B with volume. Going to 60.
SNDK 62.4 down 1.65. Volume accelerating down.
RMBS 29.16 up 1.98. Will go lower. Long term to 80 or 100 because first break topside was with volume. Wait for retracement. Was at 127 with volume in 2000.
OXY 93.99 up 2.54. Consolidation. Toss up.
XOM 61.97 up .58. Same.
X 61.57 up 3.65. Steels doing ABC up.
Semis doing ABC down.
FPP 8.50 up .45. Will go for 9.20. Consolidating since October.
HEC .78 up .05. Wants to go up to swing point at .85. FPP is a better long.
DBC 24.20 down .30. Commodity index tracking fund.
TIE 78.96 up 4.52. High volume consolidation. Not a short.
Sunday, February 05, 2006
Possibles
Possible short:
NMTI 24.56 down 1.20. If market keeps sliding, this can see 22 and maybe further.
Possible long:
BIVN has been hanging at highs while market going down.
CUP 3.54 up .47 on 4 times average daily volume. 52 week high. Peru Copper trading less than a year. Try to buy around 3.
ALTI
To research:
CUP
OTIV
FORD
NMTI 24.56 down 1.20. If market keeps sliding, this can see 22 and maybe further.
Possible long:
BIVN has been hanging at highs while market going down.
CUP 3.54 up .47 on 4 times average daily volume. 52 week high. Peru Copper trading less than a year. Try to buy around 3.
ALTI
To research:
CUP
OTIV
FORD
Friday, February 03, 2006
20060203 Tom PM
DOW down 58.
SPX down 6.81. Expect another 20 to 30 points down.
Monday morning can see 1245 quickly.
Nasdaq 2262 down 19. Will quickly see 2245.
Next week Weird Wally Wednesday. Wednesday before
options expiration, sees volatility, often market
turn.
CESV 7.85 up 1.02. Had to be bought yesterday, but
market was going south. It retested the December 21
high that had volume. Highs with volume are retested.
Will again go to 5.82 and buy there then goes back to
10.
AMZN 38.33 down 4.41. Down on numbers. Get ready to
get on this when you see sign of strength and market
turns up.
ADST 2.18 down .04. Don't want to be long because:
September 23 sign of strength, November 8 down with
volume, then up with no volume, then December 12 down
with volume, then up with lighter volume, then down
with some volume, up with very light volume. Going
back to 1.25.
SRVY 7.31 up .29. Making a base, building cause since
September 30. Can go back to 8.16 right now. Lots of
relative strength today. Nice setup.
PBR 88.75 down .25. Monday or Tuesday may go down and
consolidate. Going to 82.
GNTA 3.06 down .12. Finished ABC structure, so stay
out for awhile. Can go back to 2.20.
NXG 2.19 down .09. Came off highs with volume. Maybe
gets down to 1.80.
IFO 13.44 up .25. This is in the middle. Can go back
to 9.95 or 7.70.
TXCO 10.89 down .82. Extending with lighter volume.
When it has higher high and closes underneath, then
get out.
WMT 45.49 down .79.
ORCL 12.21 down .18. Will test 11.99 high volume selling day.
NG 12.37 up .02. Last night did secondary. Buy at 10.95.
GRS 14.63 down .37. Doubled in past three months.
You want to buy miners just when they are opening minds.
MOVI 4.03 down 1.01. Do not be long. Is out of consolidation range.
IFN 46.15 down .71. Can start buying at 43.70. Wants to go to 51.
SYD 41.95 down .19. Not a buy because of monster down volume in December.
ERS 21.15 up .83. Super strong. Higher highs, higher volume. Do not be short.
SPX down 6.81. Expect another 20 to 30 points down.
Monday morning can see 1245 quickly.
Nasdaq 2262 down 19. Will quickly see 2245.
Next week Weird Wally Wednesday. Wednesday before
options expiration, sees volatility, often market
turn.
CESV 7.85 up 1.02. Had to be bought yesterday, but
market was going south. It retested the December 21
high that had volume. Highs with volume are retested.
Will again go to 5.82 and buy there then goes back to
10.
AMZN 38.33 down 4.41. Down on numbers. Get ready to
get on this when you see sign of strength and market
turns up.
ADST 2.18 down .04. Don't want to be long because:
September 23 sign of strength, November 8 down with
volume, then up with no volume, then December 12 down
with volume, then up with lighter volume, then down
with some volume, up with very light volume. Going
back to 1.25.
SRVY 7.31 up .29. Making a base, building cause since
September 30. Can go back to 8.16 right now. Lots of
relative strength today. Nice setup.
PBR 88.75 down .25. Monday or Tuesday may go down and
consolidate. Going to 82.
GNTA 3.06 down .12. Finished ABC structure, so stay
out for awhile. Can go back to 2.20.
NXG 2.19 down .09. Came off highs with volume. Maybe
gets down to 1.80.
IFO 13.44 up .25. This is in the middle. Can go back
to 9.95 or 7.70.
TXCO 10.89 down .82. Extending with lighter volume.
When it has higher high and closes underneath, then
get out.
WMT 45.49 down .79.
ORCL 12.21 down .18. Will test 11.99 high volume selling day.
NG 12.37 up .02. Last night did secondary. Buy at 10.95.
GRS 14.63 down .37. Doubled in past three months.
You want to buy miners just when they are opening minds.
MOVI 4.03 down 1.01. Do not be long. Is out of consolidation range.
IFN 46.15 down .71. Can start buying at 43.70. Wants to go to 51.
SYD 41.95 down .19. Not a buy because of monster down volume in December.
ERS 21.15 up .83. Super strong. Higher highs, higher volume. Do not be short.
Thursday, February 02, 2006
20060202 Tom PM
DOW down 101.97.
SP 1270.84 down 11.62. Going to 1236.
Last day of window dressing they could not hold it up.
CNTF 16.90 up 1.50. Went up with volume in a down market. Buy retracement.
CESV 6.83 up .83. Buy retracement.
SIE 39.36 up .46.
AMZN 42.74 down 1.24. Missed numbers after hours. 38.46 going down into buy area. Watch 37.72 and get it when it has first sign of strength.
JPM 39.99 up .11. Maybe a short but not ready yet. 3x3 and MACD has kept Tom from not going short. Wants to go back to 36.
Tom is short C.
RACK 31.11 up .09. Numbers 36.39 after hours. Numbers 50% higher than expected.
POT 90.05 down .31. Hanging above 200 dma. Is building cause to break up. Can go back to 115.
UTEK 21.67 up 1.89. Wants to go to 22.48. Then with volume can go higher.
GNBT 1.18 down .05. Try to buy retracement. Built cause since October 14. Broke trend line so wants to go to 2.92 longer term.
SWY 1.34 down .01. Trades in Toronto. Needs more cause to get higher.
GEM .32 up .04. Trades in Canada. Nothing to stop it going to 42.
TIE 76 down .50. Consolidation, not a short. The down day with volume has already been tested so not a short. Would need to get over 79 with lighter volume then close under 79.44 to short.
HL 5.30 up .03. Interview. By-product lead and zinc. Tom owns. Buy the retracement.
TVIA 2.37 up .05. Too much down volume today so there is still a seller.
GNTA 3.18 up .42. ABC setup, has done two. Buy at 2.35. Action, 2004 came down from 16.
SP 1270.84 down 11.62. Going to 1236.
Last day of window dressing they could not hold it up.
CNTF 16.90 up 1.50. Went up with volume in a down market. Buy retracement.
CESV 6.83 up .83. Buy retracement.
SIE 39.36 up .46.
AMZN 42.74 down 1.24. Missed numbers after hours. 38.46 going down into buy area. Watch 37.72 and get it when it has first sign of strength.
JPM 39.99 up .11. Maybe a short but not ready yet. 3x3 and MACD has kept Tom from not going short. Wants to go back to 36.
Tom is short C.
RACK 31.11 up .09. Numbers 36.39 after hours. Numbers 50% higher than expected.
POT 90.05 down .31. Hanging above 200 dma. Is building cause to break up. Can go back to 115.
UTEK 21.67 up 1.89. Wants to go to 22.48. Then with volume can go higher.
GNBT 1.18 down .05. Try to buy retracement. Built cause since October 14. Broke trend line so wants to go to 2.92 longer term.
SWY 1.34 down .01. Trades in Toronto. Needs more cause to get higher.
GEM .32 up .04. Trades in Canada. Nothing to stop it going to 42.
TIE 76 down .50. Consolidation, not a short. The down day with volume has already been tested so not a short. Would need to get over 79 with lighter volume then close under 79.44 to short.
HL 5.30 up .03. Interview. By-product lead and zinc. Tom owns. Buy the retracement.
TVIA 2.37 up .05. Too much down volume today so there is still a seller.
GNTA 3.18 up .42. ABC setup, has done two. Buy at 2.35. Action, 2004 came down from 16.
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