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Begin part 2 of 3

NOTE: PART 2 PRECEDES PART 1 THIS EVENING. THE PART 1 VIDEO MARKET & TECHNICAL SUMMARY IS AVAILABLE AT THE FOLLOWING LINK. PART 1 AND THE TRANSCRIPT WILL FOLLOW.

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We have DIVIDED the video into component parts: Market Overview, Technical Summary, Economy, and the Next Session. This allows you to choose the segments you are interested in without having to find the spot in a longer video. Click on the link to the portion you wish to view.

MARKET OVERVIEW

TO VIEW THE MARKET OVERVIEW CLICK THE FOLLOWING LINK:

http://investmenthouse1.com/ihmedia/MarketOverview.wmv


TO VIEW THE TECHNICAL SUMMARY VIDEO CLICK THE FOLLOWING LINK:

http://investmenthouse1.com/ihmedia/TechnicalSummary.wmv

TO VIEW THE ECONOMY VIDEO CLICK THE FOLLOWING LINK:

http://investmenthouse1.com/ihmedia/Economy.wmv


TO VIEW THE NEXT SESSION VIDEO CLICK THE FOLLOWING LINK:

http://investmenthouse1.com/ihmedia/NextSession.wmv

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HTML CONTINUING PLAY TABLE. Click the following link to view the Continuing Play Table in HTML format:

http://investmenthouse1.com/ihmedia/SSRTable.htm
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CONTINUING PLAYS TABLE

* * SPREADSHEET DOWNLOAD * * *

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http://stocksplits.net/ssr/table.php

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http://www.investmenthouse.com/rescue/rescue.php3

LEGEND FOR CONTINUING PLAY TABLE

DATE: date play first appeared on report.

PLAY: Denotes the type of pattern or play.
Upside play types: Asc Tri =Ascending triangle; BO=Breakout; Cup=Cup base; Cup hdl=Cup w/handle; DB hdl=Double bottom w/handle; Dbl btm=Double bottom; Flat=Flat base; FlyPlat=Flying Plateau; Pennant=Pennant; Rv H&S=Reverse head & shoulders; Saucer=Saucer base; Test 18=Testing 18 day MVA; Test 50=Testing 50 day MVA; Test BO=Testing the breakout (could be 10 day MVA test, etc.)
Downside play types: CCall=Covered Call; Dsc Tri=Descending triangle; Dbl Top=Double top; H&S=Head & shoulders; Put (generic downside);

PIVOT=Buy point

Tgt=Target stock price for the play. Applies to stock and options.

Vol=Volume for the most recent session.

TgtV=Target volume to enter the play.

Stop=Stop advisory point. This is advisory and we may or may not exit a play if it hits this level depending upon market conditions.

PLAY STATUS: Buy not hit (stock has not hit buy point); Buy not issued (stock has hit buy point but did not enter due to weak volume, poor intraday action, poor market action); Current (ongoing play already entered); Entered today (entered the play that session); Exited (closed the position); Target hit (play hit initial target; will note if took all or partial gain or let run further); Trailing stop (exited using a trailing stop loss).


Upside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AAPL 07/08 Rolling 196.19 +2.07 138.55 149.91 23M 23M 207.91
Current. Bounced but not really impressive with the doji under the 10 day EMA (197.22). If it stalls, it is good for another call sale for a drop to 190 again. Will see if it makes that pause Wednesday and will go from there.

AAPL 04/15 Test 20 196.19 +2.07 119.69 132.77 23M 25M 207.91
Current.

AMED 01/30 ABCD Up 55.26 +1.43 57.05 67.95 1.4M 1.5M 54.77
Current. Gapped up, filled, and then rebounded to close with the doji over the 18 day EMA (54.90). This is better action after that Monday finish off the intraday high. Now will see if AMED can hang onto this support at 55ish also with the late January low and continue to rebound. Will be important to hold its ground Wednesday.

ANN 02/05 Flag 15.14 +0.67 15.12 17.65 1.9M 3.2M 14.06
Entered today. Gapped and started to run out of the flag pattern so went ahead and picked it up. Closed modestly off the intraday high, but his one has support underneath so no problem moving in for now. Will see if it continues higher.

ASH 01/27 Asc Tri 41.50 +0.80 42.69 49.89 1.3M 1.5M 41.44
Current. Sold back to key support at 40ish with December highs, January lows, and the 50 day EMA (40.42) on Monday. Held the line and now a short gap up to the doji. Still not out of the woods as there is a range of resistance around 42 to move through, but stepping in the right direction for now. Will see if it continues, or if ASH moves back to start working laterally.

BWLD 01/26 Test BO 46.81 +0.33 46.35 53.35 343K 600K 45.39
Current. Gap higher, filled, and then reversed back up to close with a doji. Holding nicely over the 46 support still so just letting it work along for now. Earnings are the 11th, so just seeing how BWLD can run before then.

BWLD 01/07 Rolling 46.81 +0.33 40.62 44.00 343K 500K 45.58
Current.

CMG 01/26 Test BO 100.65 +0.73 98.45 110.00 552K 550K 96.22
Current. Gapped to the February peak (100.85), reached lower intraday, and then reversed to close with a doji. A key range at this level with the January peak also at the 100 mark, but CMG is holding its ground for now. Earnings are the 11th for this one also, so will see if it shows strength moving into the news.

CNMD 02/04 ABCD Up 22.37 +0.20 22.89 26.45 211K 265K 21.56
Buy Not Hit. Gapped higher and held over support to close, but did give up a chunk off the intraday high. Still a nice entry level, though, so will see if it can test to the 18 day EMA (22.24) and bounce.

DNDN 01/21 ABCD Up 29.44 +0.55 29.54 33.48 1.5M 3M 28.98
Current. Nice intraday reach back to the 18 day EMA (28.89) and then a bounce to close solidly positive. Continuing to work in a key range at this point between 29-30 with the September-February highs there, but this is the time when we want to see DNDN continue to press upwards. Will see what it can manage Wednesday.

EAT 02/08 Test BO 17.00 +0.70 16.81 19.91 2.2M 2.8M 15.88
Entered today. Gapped higher, but gave us the buy with the test lower intraday that bounced right back up. Moving strongly so went ahead and bought it, and at a safer level if it does start to waffle. Just have to keep in mind the downside bias the indices are showing, but since it is set we might as well buy.

FCX 02/05 Dbl btm 71.58 +2.38 70.96 84.92 25M 20M 66.54
Current. Gapped and closed with a solid step up, but did close off much better intraday levels. Story of the day, so nothing surprising as FCX holds under the prior February peak (73.26 opening). Still think this one will continue higher, so leaving it as it tries to bounce.

GMCR 02/01 Test BO 82.65 +2.30 86.12 99.88 1.3M 2M 80.91
Current. Tapped key support intraday at the 80 dollar mark and then bounced so close positive on the day. Holding the line just as it should so letting it run for now. Will see if it continues to move to that prior high at 85 now, or if it tries to work laterally for a few more sessions.

GOOG 02/05 BullRev 536.44 +2.97 539.42 574.45 2.8M 4M 521.91
Entered today. Could not hold the entire move up as GOOG gapped and then faded, but still moving with better volume. Good enough for the buy, and just seeing if GOOG will keep moving higher.

HOLX 02/04 Test BO 16.03 +0.03 16.41 19.91 2.9M 5M 15.68
Buy Not Hit. Gapped and surged further, but gave up the entire move to finish flat on the day. Holding the key 16ish support with the January high, but not the action we want to see to give the buy. Will see if HOLX regroups now and can start to work higher again.

HUM 02/05 ABCD Up 47.92 +1.17 47.69 54.55 3.1M 3.5M 45.44
Entered today. Good looking test of the 50 day EMA (46.04) and then bounced right back up so bought it. This one is poised to move higher so a good place to get in, and really like the support underneath to give us a cushion.

IPAR 01/29 Test BO 13.08 +0.12 13.52 16.00 45K 150K 12.48
Buy Not Hit. Very modest upside with this doji, but do like the intraday test of the 18 day EMA (12.80) that bounced right back up. Holding this good support level at the 13 mark so just letting it run along for a few more sessions, and ready to move in if it can start to bounce.

ISRG 01/28 Test BO 326.84 +2.89 335.64 374.75 329K 700K 325.68
Current. Small step up with this doji, and a nice little bounce off the intraday low at the 18 day EMA (323.90). Nothing to complain about with this action, but still curious to see if it can begin to run. Ok to give this one more time to make a move.

MR 02/02 Test 50 35.96 +0.85 36.26 41.95 581K 1.4M 33.91
Buy Not Hit. Jumped higher, but as it closed under the key 36 mark there is no indication this is anything more than a lateral move over the 50 day EMA (34.72). This is especially true with the lower volume, but will watch it anyways. If it continues and picks up momentum, we can look at it. More likely though will fade back. We will see though.

NETL 02/05 Test BO 47.62 -0.05 49.14 56.55 746K 750K 46.33
Buy Not Hit. Swung higher and lower intraday before settling to pretty much flat on the day. The 48 mark would be a really nice level to hold, but NETL is not able to do that just yet. Going to give it a few more sessions to keep working laterally and will see how it continues this test.

NFLX 02/05 Test BO 62.13 +1.23 61.42 69.97 1.3M 2.2M 59.49
Current. Paused Monday with that lateral step, but started right back higher with the Tuesday gains. Like this action, and it is moving just as it should over that November highs. Volume still is not the strongest, but ok to see if this one can continue.

NKTR 01/29 Test BO 11.71 +0.31 11.88 13.97 612K 1M 11.05
Current. Worked higher again and moving just fine over the 18 day EMA (11.35) for now. Do like this action with volume increasing, but will have to watch as it nears the prior February high at the 12 mark. Will let it run until then and then see if it can crack on through.

OSIS 02/08 ABCD Up 27.30 +0.97 26.54 31.94 926K 750K 25.11
Buy Not Issued. Gapped and rallied away then started to fade into the afternoon. Not looking for the buy with this action so decided to wait and see how it reacts to this move Wednesday.

PLXS 02/02 Test BO 32.02 +0.78 32.22 39.94 522K 425K 30.64
Buy Not Issued. Started to fade again Monday, but leapt right back higher for solid gain Tuesday. This one did finish off the high like many others as it tapped the 10 day EMA (32.37) and then slipped back. Still looking better, though, with the solid volume, and will see if it can continue Wednesday to make things interesting.

PNRA 01/26 Test BO 72.57 +1.61 71.97 79.50 489K 650K 70.77
Current. Turned up off that Monday doji with a bounce up from the 18 day EMA (71.14). Solid action at this level so no problem letting it continue working along. Further upside will have to work through the January (73.41) and February (74.07) peaks, but will see what PNRA can do ahead of the 2/11 earnings.

RIMM 02/05 Test 50 66.15 -0.52 68.11 79.94 14M 22M 64.76
Buy Not Issued. Gapped up but then faded to close back at the 10 day EMA (65.78). Not adding to any positions with this action, but holding key 65 support so letting it continue to run. This is the range we want it to hold, and will see if it can keep that up Wednesday.

RIMM 01/13 Pennant 66.15 -0.52 66.11 79.94 14M 22M 64.48
Current.

SHLD 02/04 Test 50 90.40 +0.47 91.31 104.89 1.7M 2.4M 87.68
Current. Closed off the better intraday high, but still bouncing up from the intraday low over the 50 day EMA (88.13). Also hanging on at the 90 dollar mark with the January pre gap levels, so giving it time. Will see if SHLD can begin to rebound off this support with just a couple more days of rest.

SII 02/01 Cup hdl 31.05 +0.84 32.04 38.94 5.8M 8.2M 29.81
Buy Not Issued. A decent sized step higher Tuesday, but this one closed way back from the intraday peak. Not the kind of action we want to see for a buy. At an ok level though, so will give it more time to work things out at this level and try for the move over the 32 mark. If it can do that, then we look at a buy.

SOA 01/28 Rev HS 13.38 +0.24 14.16 17.94 1.9M 1.8M 12.96
Current. Gapped up, and though it closed off the intraday high, it did hold the 18 day EMA (13.32). Really just similar action we saw everywhere else, and if this one starts to fade back, will see if it can try to hold that 13ish support. No complaints if it works higher again though.

TEVA 01/29 Test 50 57.10 +0.18 57.59 64.32 4.5M 6M 55.44
Current. Higher and lower intraday before settling to basically flat on the day. This one is still trying to bounce as it holds over 56 support, but not having too much success. Will see if it can get jolted in the next couple of sessions through a key level at 58. If not, just want to see it hold its ground in this range over the 56 mark.

WBSN 01/21 DB hdl 19.64 +0.31 19.36 23.44 527K 450K 18.77
Current. Lower Monday, but turned right back up Tuesday with a bounce over the 10 day EMA (19.29). Like the action with the higher volume on the upside as well. For now just letting it run and will see if it can carry further.

XTEX 01/29 Pennant 8.97 -0.12 10.01 11.95 292K 525K 9.31
Current. Not the best action Tuesday with the fourth consecutive day of downside. Wasn't as big of a move down as the Monday action, but this doji finished well off the intraday high as it tapped the 18 day EMA (9.36) and reversed lower. We did see that long reach to the 50 day EMA (8.42) that bounced last week, so that support may come into play again. This one needs to show strength.

Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AMZN 02/08 Rollove 118.03 +1.20 116.47 108.55 9.2M 12M 120.68
Buy Not Hit. Short hop higher, but held with the doji under the 10 day EMA (119.37). This one looks ready to break lower, but have to wait for that step down first. Giving it time now to begin showing weakness.

BCSI 02/04 BearFla 24.89 +0.20 24.21 22.18 236K 700K 26.44
Current. Spun gently higher with the doji, but on very low volume. Weakly testing up to resistance at the 10 day EMA (25.64), so will see if BCSI can get to that level and then break lower.

BTU 02/02 BearFla 42.37 +1.92 44.18 40.55 8.5M 7M 42.55
Current. Bounced on volume, but tapped at the 10 day EMA (43.09) with the intraday high and faded back. Key point for BTU on this bounce, so will need to see strength Wednesday. If it starts to sell back will have to see whether it is worth keeping on.

CAL 02/08 BearFla 19.16 +1.80 17.15 15.08 11M 9M 18.28
Buy Not Hit. Was setting up beautifully for the bear flag, but jetted higher on volume to break through resistance. Dropping it.

COH 01/26 BearFla 34.70 +0.51 34.85 32.05 3.4M 5.5M 35.88
Current. Nice hanging man doji at the 10 day EMA (34.85) with the lower volume move. Acting just as it should with the tired test up to resistance, and will now see if it can make the break right back down.

CTSH 01/28 HdShldr 46.49 +2.75 43.72 41.05 8.7M 4.5M 45.32
Exited. Gapped up on strong earnings and then continued to run. Had been showing weakness and was under resistance, but got lofted higher with the news. Had to shut it down.

LZ 02/06 BearFla 71.62 +0.69 72.31 67.12 932K 1.3M 75.11
Buy Not Issued. Higher intraday, but flopped right back down to close with a doji. Does not look like it will test high enough to give the buy, so dropping it.

MFLX 01/23 Put 20.83 -0.38 24.22 22.00 193K 175K 21.71
Current. This one just continues to fall, and did so with volume slightly higher Tuesday. There are '09 levels at the 20ish range MFLX can hold, but now looks like it will have to continue a bit further before it gets there. Will see how low this one gets before trying to bounce.

MON 02/04 BearFla 75.72 +1.51 75.56 70.15 6.9M 6M 77.66
Current. Gapped up and held that gain with a doji, but finished a good chunk off the intraday high. Tapped the 78 resistance and turned right back down to close, and this is a plus for the downside. Somewhat volatile over the past few sessions, but will see if that can pull MON lower.

NVDA 02/06 HdShldr 16.06 -0.13 16.07 14.22 23M 20M 17.04
Entered today. Gapped over the 50 day EMA (16.33) but then began to sell back on volume. Gave us an entry with the selling, and looks ready to break lower from this level. Just watching what it can manage Wednesday.

PCLN 01/28 Rollove 205.38 +4.76 196.62 185.00 984K 1.8M 207.31
Current. Gapped higher and held that move, but did finish with the doji under the 50 day EMA (206.16). Testing a key level and looks ready to break back down, but want to see that Wednesday. Will see what it can do.

SDS 02/08 Rollove 37.46 -1.00 37.93 41.45 77M 45M 36.77
Buy Not Hit. Short step lower, but held up easily over the 10 day EMA (36.96) with the doji. Also holding the 37.50ish level with that late January high. Will see if SDS sticks at this level and if it does indeed bounce.

SLAB 01/23 BearFla 44.51 +0.20 43.87 40.77 547K 850K 42.88
Current. Another lateral step that closed well off the intraday high. Tapped up at key resistance with the 50 day EMA (45.02) and then promptly fell right back. Will see if it can turn lower Wednesday to get below the 44ish support that has held the past few days.

SLG 02/08 Rollove 44.26 +0.08 44.04 40.03 1.8M 2.5M 46.41
Buy Not Issued. Tried to fall, but bounced up from the intraday low so could not move in. Key 45ish level is holding for now, but ready to move in with this one if it can break lower Wednesday and hold the move.

SNDK 02/04 BearFla 26.76 +0.39 26.10 23.22 11M 12M 27.48
Current. Gapped over the 50 day EMA (26.59), reached lower intraday, and then bounced right back up to close with a doji. Not great action with the bounce off the intraday low and on higher volume, but it is holding under the prior February high (26.92). This is the resistance we want SNDK to hold under on Wednesday.

TRLG 01/23 Rollove 18.85 +0.13 19.54 17.54 459K 750K 19.72
Current. Gap up to the 19 mark and then faded right back to close. Seeing weakness at this key level, but there is that late December level at 18.50 to watch out for. Will give TRLG more time now if it can keep melting lower.

WSM 01/25 Rollove 19.60 +0.36 19.60 17.55 2.1M 3M 19.55
Current. Gapped up and held there with a doji, but a nice stick under the 10 day EMA (19.62). This is a good looking move with a familiar set up. Seeing if it will break lower Wednesday as it is nicely set to do.

End part 2 of 3


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