Wednesday, October 31, 2007

20071031 PM

DJIA 13,930.01 +137.54
NASDAQ 2,859.12 +42.41
S&P 500 1,549.38 +18.36
Gold 798.
Silver 14.55.
Dollar at all time low.
Oil 94.88. All time high.
Federal Reserve reduced rate .25.

BMD 1.47 +.11. Today it rejected the low, so bought today at 1.4. Look for some resistance at 2.
ANO 5.37 +.04. Bought today at 5.33.
CSCO 33.06 +.45. Going for 33.6 from October 11, then watch volume.
DRYS 117.86 +.9.86. Got back some of decline from yesterday on good volume.
PMU 1.36 +.02. Going for 1.85 from December 2005.
GS 247.92 +7.59. Multi-year highs. Nothing to stop this financial for another fifty points.
GRS 10.33 +.57. Decent price spread with good volume. Try to buy tomorrow.
MR 39.76 +.95. Review after it closes above 40.

Rumors of Google sourcing phone from e28. e28 is owned by Inventec.
http://www.e28.com/press/press.htm
http://www.inventec.com/english/service_h01.htm
http://emops.tse.com.tw/emops_all.htm Use code 2356.
http://mis.tse.com.tw/Best5_new.html?StkNo=2356
Inventec Appliances Corp IVAPF:OTC. Price zero.
Research:
http://www.marketresearch.com/land/product.asp?productid=1401399&progid=3602
Inventec Appliances Corp.: 2006 Contract Manufacturing Profile
THT Research/SNG Networks, Inc. - 1/1/2007
Inventec Appliances Corp. (Taiwan, Republic of China) is a major provider of 3G Handset, 3G Handset: Own Brand, Camera phones, and other products. THT's reports include essential information for OEMs, importers, buyers and distributors. Our company profile reports have three primary focuses: general company information, company contract manufacturing activites, and company financial performance. General company information includes company contact information, a list of product lines, company brands and brands ranking. In addition, each company profile includes analyst notes on the general state of company performance and future plans. In terms of contract manufacturing activities, THT's reports detail company customer relationships ...

http://finance.google.com/finance?q=TPE:3367
Inventec Appliances Corp. is specialized in the manufacture, research, development and sale of communications and digital products and components, as well as the provision of technical and after-sales services for these products...
http://finance.google.com/finance?cid=701787&morenews=10&rating=1

Tuesday, October 30, 2007

20071030 PM

DJIA 13,792.47 -77.79
NASDAQ 2,816.71 -0.73
S&P 500 1,531.02 -9.96

DRYS 108 -22.97 with price and volume. Other dry shippers went down at the same time.
FDG 36.47 -5.78.

Monday, October 29, 2007

20071029 PM

DJIA 13,870.26 +63.56
NASDAQ 2,817.44 +13.25
S&P 500 1,540.98 +5.70

Good trading volatilty in WX and VMW. VMW is pulling EMC up.
EMC 25.37 +.84. Can get to 27.
GAI 4.96 +.66. Price spread. Closed at high of day. Bought today at 4.7 for swing trade.
YHOO 31.79 -1.84. Giving back the pop last week on alibaba sale.
JNPR 35.96 +2.01. Strong climb all day. The last few months has been repelled near 37.5.
CSUN 11.51 +2.38. Running back to 14.78.
EDU 90.68 +5.58.
FEED 9.46 -34. Waiting for upside sign of strength, then it can retest 16.36.
CMG 134.41 +.46. Chipotle Mexican Grill Inc. Look for earnings.
SNDA 39.89 +.53. Pushing all time highs.
MR 40 +1.39. Good volume. Earnings this week.

20071029 AM

DJIA
13,849.21 +42.51
NASDAQ
2,817.48 +13.29
S&P 500
1,540.17 +4.89

WX opened up 2. Fading intra-day from 41.56. Tight trailing stop.

Friday, October 26, 2007

20071026 PM

DJIA 13,806.70 +134.78 Going through 13900.
NASDAQ 2,804.19 +53.33 Gapped up and stayed up.
S&P 500 1,535.28 +20.88. Going through 1540.
Gold 789. All time high. Dollar all time low. Going through 800.
Silver 14.3.
Copper 3.54.
Platinum 1458. All time high.
Oil 91.8. Touched 92.22. Going for 100 round number.

CFC 17.3 +4.23. Good volume. Positive news about financially cleaning house at Countrywide Financial Corp. Consider if this will show continued strength for a few days if the Federal Reserve eases. Can bounce to 20, and consider a short there. Federal Reserve meets Wednesday, and expectations are .25 - .5 rate cut.
VGZ 6.41 +.61. Broke up with price and volume. Going to 7.5. Royalty company, so it moves quickly with gold price.
XOMA 3.93 +.19. Buy, looking for 10% to 4.39.
Buy watch list: TGB AEM BMD

Tuesday, October 09, 2007

20071009 PM

DJIA 14,164.53 120.80
NASDAQ 2,803.91 16.54
S&P 500 1,565.15 12.57

CEE 60.02 +1.02.
GME 58.71 +2.06. Can squeeze higher.
MOS 55.61 +4.23. Can squeeze higher.
SSRX 20 +.9. Light volume. Price ran up at end of day.
STV 51.08 +11.59. Sold most shares today. No options and can't yet short, so a downturn can be vicious.
FXI 191.87 +4.68.
AMSWA 9.21 +.15. Article says that it is below the value of the company in which it has majority ownership.

Clean air settlement to cost AEP over $4.6 bln I wonder which companies make/install the scrubbers.

Monday, October 08, 2007

20071008 PM

DJIA 14,043.73 -22.28
NASDAQ 2,787.37 +7.05
S&P 500 1,552.58 -5.01

Bond market was closed.
Gold lower. Truckers a lot lower. Oil drillers lower.

CEE 59 +.85. Closed at 52 week high.
GAI 4.1 -.08 with light volume.
STV 39.39 +11.49. New IPO Friday. Holding long tonight.

20071008 Afternoon

DJIA 14,031.22 -34.79
NASDAQ 2,781.55 +1.23
S&P 500 1,551.48 -6.11

GME 56.66 -.06. Relative weakness for this high-flyer.
CEE 58.63 +.48. Positive after early weakness.
STV 37.31 +9.31. Went public Friday. May hold this long overnight. China HD TV play.

Sunday, October 07, 2007

20071006 PM

DJIA 14,066.01 +91.70
NASDAQ 2,780.32 +46.75
S&P 500 1,557.59 +14.75

SKF 72.55 -1.3. Finally stopped out of what was intended to be a longer term hold. Banks/financials periodically release bad news while the stock prices go up. Look at this again at 70 or 68.
AERO 7.7 -.43. Higher volume (38K shares). Closed below 50 day moving average.
COMV 31.46 +.02. "clean energy solutions through demand response and energy efficiency". Like the sector, but try to short at 35.
TTPY 22.28 -.45. Volume is all on the downside. Going to 21.89 then 20. Look to short.
CKSW 5.46 +.23 on good volume and price. Big down day July 23.
ANSS 36.87 +.55. Multi-year high.

Thursday, October 04, 2007

20071004 PM

DJIA 13,974.31 6.26
NASDAQ 2,733.57 4.14
S&P 500 1,542.84 3.25

Quiet day in front of job numbers tomorrow. The numbers may not be as eventful as some anticipate.

SLAB 42.6 -.25. Down with volume, though rejected day's low price. Watch to short.
CC 8.76 +.31. Maybe all of the bad news is out. The price may run into Christmas.

Wednesday, October 03, 2007

20071003 PM

DJIA 13,968.05 -79.26
NASDAQ 2,729.43 -17.68
S&P 500 1,539.59 -7.04

Employment numbers to be released Friday.

GAI 4.29 +.99.
ANV 5.92 +.42. Long hold for the longer term. "Allied Nevada Gold Corp. is engaged in the evaluation, acquisition, exploration and advancement of gold exploration and development projects in Nevada." 6.15 all time high.
UHCP 1.40 +.49 with volume. Into the week of January 22 2007, and looks like it can have enough volume on the weekly.
HMY 10.46 -.61. 3000 miners trapped, with extractions in progress. Very end of day the price came back up.
DE 145.01 -3.24. Closed near low of day with volume. Breaking through 9 day EMA. Short any strength tomorrow. Good support at 120.
EFUT 31.6 +12.6. Gapped up and closed higher. Huge price spread and huge volume. Resistance at 34 and 35.
XRA 3.72 +.24 with good volume. Relative strength with other miners down.
GNCMA 11.91 -.24. May test 11.5.
SKF 74.3 +.1. Look to long in the morning.
RIO 32.3 -3.15 with volume. Can retrace to 26. October 5-7 they renegotiate contracts.
PBR 74.74 -2.87 with volume. Going to 71 the 66.

20071003 11:42

10/3/2007 11:42 AM ET

DJIA 14,029.43 -17.88
NASDAQ 2,745.65 -1.46
S&P 500 1,544.44 -2.19

AKAM 31.87 +.9.
GAI 4.01 +.71.
BIDU 319.43 -1.15. Sold this long to free up cash for WX long.
WX 35.26 +1.26. China biopharma on the move.
SRS 83.18 +.28. Starting to act like a long.
DRYS 98.84 +.13. Pushing positive. Trailing stop in place, so may close the long today.
HOG 49.27 +2.57. Gapped up and continues to climb. Has turned around the past few days. Got long this morning. Trailing stop to follow the uptrend today.
GME 56.8 -.8. Gapped down. Was good to close the near-month options yesterday.

Tuesday, October 02, 2007

20071002 PM

DJIA 14,047.31 -40.24
NASDAQ 2,747.11 +6.12
S&P 500 1,546.63 -0.41

Silver and gold selling off, leading commodities down.

GAI 3.3 +.45 with good volume.
BIDU 320.58 +35.77 with good volume. Gapped up and kept going. Intraday 52 week high. Shorts are in trouble. Closed near high, so am holding overnight looking for strength in the morning.
DRYS 98.71 +2.42. Intraday 52 week high.
XRA 3.48 +.29. Gold miner showed relative strength.
GFI 17.77 -.58. Gapped down and then went sideways. Looking to buy soon for run to 26.95.
GME 57.6 +1.45. Closed out long calls today. (GMEJL October 20)
ICO 4.78 +.26. Watch August 09 volume.
OVTI 24.04 +.9 with good volume. 52 week high. While short interest has been declining to about 12 million shares, there is more short covering to occur.
AKAM 30.97 +2.22 with price spread and volume. Down trend is broken. Gap at 39 - 45. Look to buy next pull back.