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.
Monday, January 09, 2006
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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