Index Last Change Open High Low
DJIA 12,666.87 0.56 12,656.86 12,700.28 12,630.50
NASDAQ 2,490.50 19.02 2,483.14 2,495.27 2,475.57
SP500 1,450.02 2.02 1,447.41 1,452.99 1,446.44
Volume
NYSE 1,472,572,000
AMEX 45,797,000
NASDAQ 1,009,798,000
Up on lighter volumes.
Wednesday, February 07, 2007
Tuesday, February 06, 2007
20070206 Tom PM
Index Last Change Open High Low
DJIA 12,666.31 4.57 12,661.66 12,680.57 12,633.94
NASDAQ 2,471.48 0.88 2,476.33 2,478.24 2,454.60 Rejected low price. Will test 2481. The force is for going down.
SP500 1,448.00 1.01 1,446.98 1,450.19 1,443.40
NYSE Volume 1,471,339,000
NASDAQ Volume 980,519,000
AMEX Volume 47,218,000
YHOO Consolidation. Not a short.
AGT Down 8% on double average volume.
FXI China 25 index. Maybe short at 110.
MAMA Up 12%. Big moves. Risky.
AHM Consolidation 30 - 36. 11% dividend.
TIE 34.94 up 2.41. Had volume at highs. Going to 40.
DJIA 12,666.31 4.57 12,661.66 12,680.57 12,633.94
NASDAQ 2,471.48 0.88 2,476.33 2,478.24 2,454.60 Rejected low price. Will test 2481. The force is for going down.
SP500 1,448.00 1.01 1,446.98 1,450.19 1,443.40
NYSE Volume 1,471,339,000
NASDAQ Volume 980,519,000
AMEX Volume 47,218,000
YHOO Consolidation. Not a short.
AGT Down 8% on double average volume.
FXI China 25 index. Maybe short at 110.
MAMA Up 12%. Big moves. Risky.
AHM Consolidation 30 - 36. 11% dividend.
TIE 34.94 up 2.41. Had volume at highs. Going to 40.
Monday, February 05, 2007
20070205 Tom PM
Index Last Change Open High Low Volume Comment
DJIA 12,661.74 8.25 12,653.41 12,681.21 12,629.86 1,407,457,000
NASDAQ 2,470.60 -5.28 2,475.34 2,481.57 2,466.18 894,660,000 Over high. Has down volume.
SP500 1,446.99 -1.40 1,448.33 1,449.38 1,443.85 Low volume, couldn't hold high.
Gold Up 3.40. Consolidation. Dollar can go a little higher.
SMTC Good long setup relative to other semis.
PAL Has volume at highs. Doesn't move a lot because it hedges the palladium.
GOOG Down 14. Going for 452. Gap is at 453. Had breakaway gap at 419.
KLAC Up 1.29 with decent volume. Had numbers.
EDU MR
AUY Has volume hugging top. Stay long.
GLW Consolidation, will take a while to get through this.
SHLD Will test highs again. Buy at 165 where it broke away.
URME Speculative. Maybe buy at 3.95.
DJIA 12,661.74 8.25 12,653.41 12,681.21 12,629.86 1,407,457,000
NASDAQ 2,470.60 -5.28 2,475.34 2,481.57 2,466.18 894,660,000 Over high. Has down volume.
SP500 1,446.99 -1.40 1,448.33 1,449.38 1,443.85 Low volume, couldn't hold high.
Gold Up 3.40. Consolidation. Dollar can go a little higher.
SMTC Good long setup relative to other semis.
PAL Has volume at highs. Doesn't move a lot because it hedges the palladium.
GOOG Down 14. Going for 452. Gap is at 453. Had breakaway gap at 419.
KLAC Up 1.29 with decent volume. Had numbers.
EDU MR
AUY Has volume hugging top. Stay long.
GLW Consolidation, will take a while to get through this.
SHLD Will test highs again. Buy at 165 where it broke away.
URME Speculative. Maybe buy at 3.95.
Friday, February 02, 2007
20070202 Tom PM
Index Last Change Open High Low
DJIA 12,653.49 -20.19 12,673.84 12,683.93 12,638.35
NASDAQ 2,475.88 7.50 2,473.58 2,478.41 2,466.56
SP500 1,448.39 2.45 1,445.94 1,449.33 1,444.49
Light index volumes.
Gold 647.9 down 9.5. B to C of ABC up. More consolidation to do.
XAU 139 down 2.
HUI 332 down 7.
USO 49.2 up 1.36. Wait to short.
RACK 16.69 down 3.65. Another gap down. Had gone to 52 on no volume.
TRE 5.05 down .15. Can test 4.97. Had volume down yesterday.
AMZN 37.39 down 1.31. Will get into gap at 32.86.
SGEN 9.3 up .95. Took off two days ago and for past two weeks. Can go up another day. Wait to buy at 7.25. Has done more than 1:1.618 up, so it will take a long time to get back to these highs.
MRO 89.62 down 1.29. When over 91.50 with lighter volume and close under it, then can short.
RIMM 132.82 up 5.44. Going to 145. Don't chase due to money management concerns (risk 5 to get 10).
PAAS 28.45 down .2. Strong silver stock in ABC up. Going to 31.50.
GBN 1.98 up .15. Wants to go to 2.04 then higher. Long term hold.
CRDC 5.56 up .38. Gambling.
ALB 78.95 down .3. Pushing high with volume.
EICU 10.76 up .27. Wants to test 11.25. Needs a lot more volume to get to 15.
AGT .58 up .04. Going to .66, maybe .86.
SFE 2.87 up .12. Sign of strength today. If volume next week can hit 3.5.
HANS 39.6 up .61. 25% short interest. Before short would need to touch other side of gap.
BWLD 52.11 up 1.23. Maybe short at 55 if it tests that with lighter volume and closes under it.
NTAP 37.33 up .02. It's in the middle.
KSS 73.15 up .33. In consolidation. Can test 75.54.
DOW 41.49 down .14. Pulling back into breakout area with much lighter volume. Low of 33 had monster volume on weekly in July. Buy near 40.35.
RSH 22.38 down .16. Three gap play off bottom. Will likely go down to fill the three gaps. Watch to buy at 17.75.
BUCY 47.89 up .55. Consolidation.
BTJ 21.69 up .02. Wants to go to 24.
DJIA 12,653.49 -20.19 12,673.84 12,683.93 12,638.35
NASDAQ 2,475.88 7.50 2,473.58 2,478.41 2,466.56
SP500 1,448.39 2.45 1,445.94 1,449.33 1,444.49
Light index volumes.
Gold 647.9 down 9.5. B to C of ABC up. More consolidation to do.
XAU 139 down 2.
HUI 332 down 7.
USO 49.2 up 1.36. Wait to short.
RACK 16.69 down 3.65. Another gap down. Had gone to 52 on no volume.
TRE 5.05 down .15. Can test 4.97. Had volume down yesterday.
AMZN 37.39 down 1.31. Will get into gap at 32.86.
SGEN 9.3 up .95. Took off two days ago and for past two weeks. Can go up another day. Wait to buy at 7.25. Has done more than 1:1.618 up, so it will take a long time to get back to these highs.
MRO 89.62 down 1.29. When over 91.50 with lighter volume and close under it, then can short.
RIMM 132.82 up 5.44. Going to 145. Don't chase due to money management concerns (risk 5 to get 10).
PAAS 28.45 down .2. Strong silver stock in ABC up. Going to 31.50.
GBN 1.98 up .15. Wants to go to 2.04 then higher. Long term hold.
CRDC 5.56 up .38. Gambling.
ALB 78.95 down .3. Pushing high with volume.
EICU 10.76 up .27. Wants to test 11.25. Needs a lot more volume to get to 15.
AGT .58 up .04. Going to .66, maybe .86.
SFE 2.87 up .12. Sign of strength today. If volume next week can hit 3.5.
HANS 39.6 up .61. 25% short interest. Before short would need to touch other side of gap.
BWLD 52.11 up 1.23. Maybe short at 55 if it tests that with lighter volume and closes under it.
NTAP 37.33 up .02. It's in the middle.
KSS 73.15 up .33. In consolidation. Can test 75.54.
DOW 41.49 down .14. Pulling back into breakout area with much lighter volume. Low of 33 had monster volume on weekly in July. Buy near 40.35.
RSH 22.38 down .16. Three gap play off bottom. Will likely go down to fill the three gaps. Watch to buy at 17.75.
BUCY 47.89 up .55. Consolidation.
BTJ 21.69 up .02. Wants to go to 24.
Wednesday, January 31, 2007
20070131 Tom PM
Index Last Change Open High Low Comment
DJIA 12,621.69 98.38 12,520.03 12,657.02 12,505.20 Will test high again.
NASDAQ 2,463.92 15.28 2,443.33 2,471.20 2,433.76 Getting ready to go down.
SP500 1,438.24 9.42 1,428.65 1,441.61 1,424.78 Will test high again.
GOOG tested highs today of 505. Earnings this evening. Rejecting October 24 volume day. Will gap down tomorrow.
POT Wants to go back to test 1.47.
AMD Longer term monster confirmed ABC down. Down volume is accelerating. Wants to test 14.63 then 11.60.
AEM Has nice volume, could use more volume. A day with volume of 3.3 million and wide price spread and it will go to 44. Gold stock.
HIHO Volatile. Maybe buy at 4.56 if lighter volume.
IBM January 18 gap needs tested over with lighter volume then close lower and then maybe can short it. Overall not a good short.
SNDK Not a long.
VIX Can use it to go long when it is at 42 45 48 then buy the market. That is the only time to use the VIX.
USO Wait to short. Can bounce to 62.
XOM Maybe buy when it gets down to 64.
GFIG 63.98 up 1.53. Consolidating, will test 64.9. Will test weekly 65.95.
SBUX 34.94 up .38. Wait to buy until high 28 from August 2006.
MECA 4.23 down .01. Maybe buy at 3.91 if volume lighter than 2 million. Fundamentally their gross revenue is shrinking.
DJIA 12,621.69 98.38 12,520.03 12,657.02 12,505.20 Will test high again.
NASDAQ 2,463.92 15.28 2,443.33 2,471.20 2,433.76 Getting ready to go down.
SP500 1,438.24 9.42 1,428.65 1,441.61 1,424.78 Will test high again.
GOOG tested highs today of 505. Earnings this evening. Rejecting October 24 volume day. Will gap down tomorrow.
POT Wants to go back to test 1.47.
AMD Longer term monster confirmed ABC down. Down volume is accelerating. Wants to test 14.63 then 11.60.
AEM Has nice volume, could use more volume. A day with volume of 3.3 million and wide price spread and it will go to 44. Gold stock.
HIHO Volatile. Maybe buy at 4.56 if lighter volume.
IBM January 18 gap needs tested over with lighter volume then close lower and then maybe can short it. Overall not a good short.
SNDK Not a long.
VIX Can use it to go long when it is at 42 45 48 then buy the market. That is the only time to use the VIX.
USO Wait to short. Can bounce to 62.
XOM Maybe buy when it gets down to 64.
GFIG 63.98 up 1.53. Consolidating, will test 64.9. Will test weekly 65.95.
SBUX 34.94 up .38. Wait to buy until high 28 from August 2006.
MECA 4.23 down .01. Maybe buy at 3.91 if volume lighter than 2 million. Fundamentally their gross revenue is shrinking.
Thursday, January 25, 2007
Friday, January 19, 2007
Subscribe to:
Posts (Atom)