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us stock market, stock option
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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The Market Summary video is DIVIDED 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 NEXT SESSION VIDEO CLICK THE FOLLOWING LINK:
http://investmenthouse1.com/ihmedia/NextSession.wmv
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CONTINUING PLAY TABLES
You can view the continuing play table in three different formats.
1. Text (below)
2. HTML (use the following link)
3. Spreadsheet download (use the following link)
* * * * * HTML CONTINUING PLAY TABLE * * * * * *
HTML CONTINUING PLAY TABLE. Click the following link to view the Continuing Play Table in HTML format that includes additional information, e.g. option tickers, after hours pricing:
http://investmenthouse1.com/ihmedia/AlertsTable.htm
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* * * * * * SPREADSHEET DOWNLOAD * * * * * * *
The following link is to a spreadsheet download of the continuing play table. It will allow subscribers to sort the data for your personal investment use. This is a service to our subscribers only, and no other use of the information is authorized. Simply click on the link, enter your username and password, and download the spreadsheet!
http://investmenthouse.com/ihalerts/table.php
You will need your password. If you need help click on this link and our automated system will email it to you immediately once you fill in your email address:
http://www.investmenthouse.com/rescue/rescue.php3
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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 249.33 -1.61 138.55 149.91 36M 23M 255.11
Current. Slight undercut of the 50 day EMA and then a rebound to cut the losses. Still down on the session and still an ugly pattern, but holding at some support.
AAPL 04/15 Test 20 249.33 -1.61 119.69 132.77 36M 25M 255.11
Current.
AKAM 05/06 Flag 40.52 -0.70 38.14 44.75 5.8M 4.5M 39.22
Current. Down for the third day but in control as it tapped the 18 day EMA near support on the low and bounced to almost close at the 10 day EMA. Still trending higher and the volume jumped as it tested that level and rebounced, indicating buyers were ready at the 18 day.
AKAM 04/05 Flat 40.52 -0.70 32.84 39.89 5.8M 4.5M 39.22
Current.
ARO 05/22 Test 20 27.94 +0.22 28.52 33.44 4.9M 3M 26.52
Buy Not Issued. Tested further then bounced for a modest gain, showing a doji. Like the set up for a move upside, and if ROST can clear our buy point and make it stick we are ready to move in.
CHCI 05/13 ABCD Up 1.74 -0.07 2.81 3.95 259K 600K 2.39
Exited.
CLF 06/07 Dbl btm 50.11 +2.12 49.88 59.92 8.1M 10M 46.39
Entered today. Moved in after CLF tapped the 200 day SMA again on the low and started up, holding the move to the close. Volume was up to average so it was a good point to start some positions.
CME 05/03 Flag 298.11 -0.30 328.77 357.55 859K 950K 317.11
Current. Reached down below its support and rebounded nicely. It still closed below the gap point from January; need to see it rebound back over 302 quickly.
CMG 05/10 Flag 142.03 +2.96 138.71 158.42 980K 775K 139.21
Current. Reached lower, easily held above the 50 day EMA, and then reversed for a modest gain on rising, above average volume. Nice show of strength.
CMG 01/26 Test BO 142.03 +2.96 98.45 110.00 980K 550K 139.21
Current.
CNC 06/07 DB hdl 23.03 -0.58 23.88 27.94 632K 950K 22.41
Buy Not Hit. Sold back to the 18 day EMA on the low and bounced modestly. Still in very good position to move higher.
DECK 06/07 PreSplt 144.80 +1.80 144.77 174.93 535K 615K 141.21
Buy Not Issued. Excellent position to move higher after a doji with tail reached down past the 18 day EMA and rebounded for a gain. As it continues through the buy point we are ready to take some positions on this momentum stock, particularly if the market overall is running.
DLTR 05/29 PreSplt 60.92 +0.58 60.89 67.75 1.1M 1.6M 59.78
Entered today. Touched lower intraday just below the 50 day EMA and then reversed for a gain. Nice test and move off a key level and used that to move in to start the play.
EXBD 05/07 Flag 28.51 -0.76 32.44 37.94 274K 425K 30.11
Exited.
FFIV 06/05 Test 50 66.83 -0.22 68.82 78.95 1.9M 1.6M 64.88
Buy Not Hit. Nice tap of the up trendline on the low, recovering to hold near the 50 day EMA in its ascending triangle. Nice action.
GLD 05/24 Test 18 121.00 -0.49 117.32 122.24 23M 38M 116.89
Current. New high on the intraday move but sold back. Some near term resistance and no reason to believe gold and thus GLD is not going higher.
ILMN 05/11 ABCD Up 42.14 -0.31 42.74 47.95 2.2M 2M 41.05
Current. Hardly noticed the selling and Tuesday tapped lower over the 50 day EMA and rebounded nicely.
IRBT 05/06 Flag 19.06 -0.03 19.22 21.94 131K 220K 20.11
Current. Doji at the 50 day EMA, reaching below that level and then rebounding to show a doji. That can indicate a momentum shift and this is a good point to have one.
IWM 05/24 ABCD Up 61.89 -0.03 65.48 73.95 129M 100M 64.21
Current. Reached below the May low and then reversed to hold that level on the close. At the bottom of the range the doji suggests it is going to try to bounce. If SP600 bounces it should as well.
JOYG 06/02 Rev HS 50.38 +1.40 52.45 60.95 3.2M 3.8M 48.78
Buy Not Issued. Okay, now we see if JOYG can rally from here once more and this time. Not our favorite pattern but we will see if it can play out.
LNCR 06/01 PreSplt 45.97 -1.03 48.19 53.95 2.2M 1M 46.18
Current. Heavy volume as LNCR sold back, but it managed to hold the 50 day EMA on the close and high volume at that level on a hold is not a bad thing as it shows buyers stepping up to support the stock.
NEM 04/14 Flag 56.45 +1.29 55.48 62.95 12M 10M 55.22
Current. Gapped higher on strong, above average volume. No issues with that move.
NETL 05/19 Dbl btm 26.88 -0.32 28.98 34.89 1.5M 2M 27.53
Current. Tested lower and then reversed for a modest loss. The pattern has morphed a bit and it needs to rally from here and get passed the 50 day EMA.
NFLX 05/29 Flag 110.33 +1.17 111.89 122.00 3.4M 3.2M 108.39
Buy Not Issued. Didn't surge but NFLX also did not fold during the selling, not even close. Looking for a break higher to give us the entry point to this strong market leader.
NFLX 05/11 ABCD Up 110.33 +1.17 104.89 122.00 3.4M 3.2M 102.77
Current.
NTRI 05/17 Test BO 20.32 -0.27 22.28 28.89 713K 2M 20.48
Current. Tested lower below the 200 day SMA and then rebounded. In position but needs to start showing the move off of this reversal attempt.
ORBK 06/05 DB hdl 11.18 -0.33 12.02 13.94 127K 125K 11.18
Buy Not Hit. Still interested in ORBK as it tests lower and rebounds along with many stocks, closing above the 50 day EMA after the comeback. Being patient, letting it show us the move.
OSIS 06/01 DB hdl 26.43 +0.90 26.68 31.55 337K 275K 25.48
Buy Not Hit. Nice volume and a solid price move up to the 50 day EMA. Looks very much ready to rally.
PNRA 05/27 Dbl btm 79.77 +1.05 81.58 88.54 414K 755K 77.54
Current. Reached lower below the 50 day EMA and then rebounded to hold that support on the close. Nice shakeout and looking for the rebound from here. Good place for new positions as well.
ROST 05/21 ABCD Up 54.60 +1.49 52.87 58.91 2.9M 3.2M 52.21
Current. Strong, above average volume as ROST rebounded off the Monday selling. Very nice strength and looks ready to resume its upside move.
SNDK 05/25 Pennant 43.03 -0.19 45.45 49.89 12M 12M 42.92
Current. Tested lower toward the 50 day EMA intraday and then rebounded to hold the short down trendline it broke over two weeks back. Nice test and recovery, and it should set the stage for a move back up.
SNDK 04/29 Flag 43.03 -0.19 39.14 49.94 12M 13M 42.92
Current.
UA 06/06 DB hdl 32.06 +0.59 34.05 39.89 685K 1.2M 31.78
Buy Not Hit. Sold lower below support and then rebounded for a gain, but closing just below the 50 day EMA. Nice shakeout and hold over support, now we need the breakout over the 50 day.
WRLD 05/20 ABCD Up 34.24 +0.09 37.18 44.89 423K 500K 34.33
Current. Sold to the 200 day SMA, held, then reversed. Bounced the last time it touched this level in May, and looks as if it is going to do the same here.
WX 06/07 ABCD Up 16.59 -1.16 18.12 20.11 2.2M 1.2M 17.22
Buy Not Hit. Gapped lower on strong volume. Dropping.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AAPL 06/01 Dbl Top 249.33 -1.61 255.88 239.11 36M 34M 259.32
Current. Rebounded off an undercut of the 50 day EMA and the mid-April shelf of support. If it continues to show strength there we need to be careful, particularly if the market bounces further. Noteworthy AAPL still closed lower despite the market rebound as it is a tech bellwether.
CVS 05/29 BearFla 31.16 +0.12 33.80 30.65 24M 12M 32.22
Current. Modest gain off the big Monday selloff. Letting the rest continue to run.
GYMB 05/11 BearFla 42.30 +0.55 44.28 39.05 999K 1.2M 44.12
Trailing Stop.
PCLN 05/29 BearFla 176.73 +0.34 189.64 177.65 1.8M 1.9M 183.54
Current. Sold further but managed to bounce late with the rest of the market. At the May low so warrants some attention, but this was our plan: take some gain at that level and then see if it sold further. Giving it some time to do that.
SPY 05/29 BearFla 106.62 +1.13 108.64 104.45 357M 310M 107.92
Current. Came close to the target and reversed for a gain. May have waited too long to take some gain but going to be patient.
TEX 05/29 HdShldr 19.01 -0.36 20.81 17.44 4.1M 2.7M 21.43
ZMH 06/02 BearFla 52.99 +0.33 54.05 50.46 2.2M 2.5M 55.11
Sold lower again but reversed for a modest gain. May bounce some here after 2.5 hard days lower. Still trending lower bigger picture.
End part 2 of 3
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us stock market
stock option
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