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us stock market, stock watch
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 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 segment in a longer video. Click on the link to the portion you wish to view.
MARKET OVERVIEW
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TO VIEW THE NEXT SESSION VIDEO CLICK THE FOLLOWING LINK:
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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:
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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 06/28 Test BO 248.63 +1.69 270.05 294.45 22M 32M 262.89
Buy Not Hit. Up early on, but it held under the 50 day EMA (254.03) and then slid some into the close. Not great action as it holds under the 50 day, but it is still working along that April gap point (248.54 open) so we leave it alone. Important to see the bounce up from this point to keep things looking good.
AAPL 07/08 Rolling 248.63 +1.69 138.55 149.91 22M 23M 262.88
Current.
AAPL 04/15 Test 20 248.63 +1.69 119.69 132.77 22M 25M 262.88
Current.
AKAM 07/01 Test 50 40.26 +0.69 41.02 46.91 4.8M 6M 38.92
Buy Not Issued. A steep intraday shot higher, but tapped the 10 day EMA (41.85) and then faded back to the 50 day EMA (40.27). It formed a doji at that key support, but not too happy with this action. Will give it longer to try for the bounce up, but it needs to show it soon.
AKAM 05/06 Flag 40.26 +0.69 38.14 44.75 4.8M 4.5M 42.11
Current.
AKAM 04/05 Flat 40.26 +0.69 32.84 39.89 4.8M 4.5M 42.11
Current.
ARO 05/22 Test 20 29.61 -0.32 29.18 33.44 3.8M 3M 28.97
Current. Gapped up to that June high again, then flopped back to finish down at the 18 day EMA (29.49). Second session down after the big Thursday bounce, so for now leaving it as it tests the support. Do want to see that it can hold over the 50 day EMA (29.06) and start back up again so will keep an eye on it.
ASH 06/11 Trnd Rv 43.18 -1.19 56.34 63.94 1.4M 2M 52.68
Exited. Reached up to the 200 day SMA (46.48), but then it stated to roll back. As if failed at this key level we had to pull the plug.
BIDU 06/10 Test 50 67.45 -0.10 72.46 83.94 9.6M 18M 71.22
Current. Still not showing a ton of strength as it tapped up at the 50 day EMA (69.73) and then faded back to finish flat. Holding the key levels though with that early June low and the lows from last week so for now we watch it. Want to see that it can bounce, but have to be careful and watch that it can move through the 50 day EMA with the bounce back.
CAT 07/03 Test 20 59.81 +0.63 60.78 69.94 9.4M 12M 57.78
Buy Not Issued. Great start higher off of the 200 day SMA (59.10), but not much stuck on the session. As CAT was well off its highs we did not pick it up, and instead just seeing how it reacts from here. If it tests any we look at the next bounce, but will keep an eye open in case it tries for more gains again Wednesday.
CMI 06/10 Pennant 63.57 -0.67 71.98 81.44 3.9M 4M 71.08
Exited. Short gap up and then sold back, finishing down on the day. It gave up the short up trendline with this step back so had to shut it down.
CREE 06/29 Rolling 60.96 +0.12 62.66 70.72 2.2M 3.8M 57.66
Entered today. Moved in as this one was starting nicely higher, but it did come back to end the day. Still starting up off a nice level with those May and June lows, so now watching how the play works out for us.
DLM 06/14 Flag 14.49 +0.18 15.44 18.55 1.8M 2.2M 14.39
Buy Not Issued. Not a bad little step higher to start this week, but as it formed a doji under the 50 day EMA (14.65) we were not buying. Still, it held and bounced from good support late last week, and now we see if it continues to keep us looking for our buy.
DLTR 05/29 PreSplt 42.93 -0.15 45.90 41.26 3M 1.6M 41.26
Current. Pretty typical move of this session with the big start higher, stall, and then roll back to finish the day. This stock finished just barely in the red, and is still situated nicely after just a very slight step back. We see how it reacts the next day or two, and if that still leaves it in position for the next break higher.
EDU 06/24 Flag 92.88 +0.97 100.29 112.94 139K 500K 96.44
Exited. It tried to bounce, but stalled out over the 50 day EMA and then rolled over. As it was closing well off the highs it was time to shut things down.
FFIV 07/01 Test 50 70.14 +1.49 71.86 78.95 1.6M 1.6M 66.54
Entered today. Just a great setup from last week then it started to jump Tuesday so we picked it up. It retreated on us to form a doji, but it is still holding the 50 day EMA (69.24) and the recent up trendline so it still looks good. Just making sure it can firm up the next couple of sessions then start back up again.
FFIV 06/05 Test 50 70.14 +1.49 69.57 78.95 1.6M 1.6M 70.92
Current.
FNSR 06/23 DB hdl 14.16 -0.56 16.15 18.94 2.4M 2.2M 14.96
Exited. Started things at the 50 day EMA then took a nasty dive lower. Not a good move to see so we gave it the axe.
GLD 05/24 Test 18 116.51 -1.98 117.32 122.24 17M 38M 120.54
Current. Not a fun day as gold got knocked again. That sent GLD lower, finishing below that Thursday closing price and leaving it at a key level. Have to watch now as it may try to test near the late May lows (115.22) before the next turn higher. We will see.
GMCR 06/25 Flag 25.82 -0.19 27.10 30.95 1.6M 5.5M 25.31
Current. Gapped up to start things, but could not do anything with that and it popped back to finish in the red. Still holding the band of support around the 50 day EMA (25.95), as well as that April gap down point and late June low. Letting this one brew a little longer for now to see if it strengthens any. Do want to see the bounce up from this point though so it needs to hold.
ILMN 05/11 ABCD Up 42.47 -0.62 42.74 47.95 839K 2M 42.74
Current. Up at first but reversed down to close at the 50 day EMA (42.22). Showed a nice doji over this point before the weekend, but decided to fade further at this support. It is holding just as it needs to, so now just making sure that it can keep that up and then start to bounce back.
INFY 06/30 ABCD Up 59.42 +0.54 59.84 66.75 923K 2M 57.21
Buy Not Issued. Gapped and then surged higher, but slipped back quickly to form a doji under the 50 day EMA (59.75). Still holding the pattern just fine, but not a day where we are going to touch this one. Now giving it a chance to see how it reacts at this level, and will go from there.
IWM 05/24 ABCD Up 59.04 -0.78 65.48 73.95 88M 100M 64.21
Current. Big thump down as this one is in trouble along with the small cap index. Do not like to see it this low to start the week after dropping last week. If it cannot recover now we have to shut it down.
JOSB 06/29 Rolling 52.94 -1.63 55.43 63.74 391K 500K 51.91
Buy Not Issued. Sliced lower to start the week, but hanging on as it sits at the intraday lows from last week. Certainly not the best action, but we can just wait on it longer as the support is intact. Just want it to firm up at this point and then turn higher to get us looking for the entry still.
JPM 06/16 Rolling 36.33 +0.50 39.13 44.77 36M 50M 37.12
Current. Off the highs, but off the intraday lows Tuesday to stick a little move higher. Really not all that bad as JPM is trying to get some momentum again. Still need to keep an eye on it, but if it can keep trying to improve we will give it the chance.
KLIC 06/23 DB hdl 7.32 +0.31 7.75 9.38 2.4M 2.5M 7.21
Buy Not Issued. Gapped up, ran past the 50 day EMA (7.38), and then slid back to finish with the doji. Not buying with this doji under the moving average, so now we see how it reacts to this Wednesday. Likely it pauses for a day or so, but then we watch for the next try higher that holds to give our entry.
KWR 06/20 DB hdl 24.99 -0.89 30.62 34.94 192K 200K 27.91
Current. Gapped down, reversed back up, but it did not hold as this one finished back with a doji. Pretty normal for this session with the finish off the high, and it is holding that early May low for support (25.17). Will watch for it to hover in this range the next day or so, then see if it tries to push higher off the doji.
LSCC 06/26 ABCD Up 4.36 +0.06 4.48 5.45 1.6M 2.8M 4.17
Buy Not Issued. Stuck a decent gain, but well off the highs after tapping the 50 day EMA (4.59) and rolling back. It does look ready to push up off the May and early June lows, but just not able to do enough Tuesday. Will keep a close eye on it to see if it shows us the buy this week after taking a couple days off.
LULU 07/03 Rolling 36.05 -0.27 36.88 45.11 1.6M 2M 34.98
Buy Not Issued. A short step lower, but held up at the May lows at 36 for us. This is the bottom of the recent range, and also that March gap point. Very ready for the roll higher out of this one, but it has to show that it can do it before we make our move.
NDN 06/30 Trnd Rv 14.94 0.00 15.02 17.44 866K 850K 14.27
Buy Not Issued. A great step up along the 50 day EMA (14.32) last week, but not as good Tuesday with this gap and rollover. Pretty typical stuff as now we just wait for it to react back at this support level. When it can show it is ready to stick the run higher, we pick it up.
NETL 06/15 Rev HS 26.98 +0.04 29.88 34.89 705K 2M 27.79
Buy Not Issued. Well NETL finished in the green, but after tapping the 18 day EMA (28.09) and fading, it barely did so. Over the key support as this point with the May and June lows so just giving it a chance for now. When it can make the bounce from this point stick, then we get interested.
NETL 05/19 Dbl btm 26.98 +0.04 28.98 34.89 705K 2M 27.53
Current.
NFLX 06/30 ABCD Up 107.27 +0.19 110.22 126.55 2.2M 4.4M 106.46
Buy Not Issued. Gapped up but bumped right back down to the 50 day EMA (107.04) to finish flat. Not great, but this was not the worst action we saw. As it is sitting nicely over support we see if it can hold up again Wednesday, and then start higher out of the ABCD pattern.
NFLX 05/11 ABCD Up 107.27 +0.19 104.89 122.00 2.2M 3.2M 115.44
Current.
NTRI 05/17 Test BO 21.85 -0.87 22.28 28.89 549K 2M 20.69
Current. Not a great move as NTRI slumped back to undercut the 50 day EMA (22.03). Now it can slide a little more and tap at the 200 day SMA (21.52), but do want to watch it some after this quicker step back. If it starts to firm up, great, but if it shows another day like this it could be in danger.
PCLN 07/01 Rolling 181.50 +5.09 182.55 199.35 1.5M 1.8M 174.92
Buy Not Issued. Gapped up, then eased just slightly higher into the close. It did form a doji right under the 10 day EMA (182.84), but this is one of the few stocks that held a nice gain. Looking good, and still looking at moving in if it can keep this up and hit our buy.
ROST 05/21 ABCD Up 54.65 +0.39 52.87 58.91 2M 3.2M 55.11
Trailing Stop. Gapped up, but could not sustain the recovery. As it rolled back it hit our trailing stop to take us out of the play.
SANM 07/03 Rolling 12.77 -0.35 13.33 16.21 1.3M 2M 12.51
Buy Not Issued. Gapped up and then reversed back to finish down at the 200 day SMA (12.81). It is also holding right near the lows from May and June, so it is still in position to roll back higher. We will watch it for a couple of days, and see how it looks for the buy if it can hold this point and start to bounce.
SAPE 06/15 Asc Tri 9.86 -0.10 10.83 12.94 976K 1.5M 10.01
Current. Similar to many other stocks as it started up at first, but slipped back into the finish. Not a huge move down and it is holding within the lows from last week, but not the best action to see. For right now we have to let it play out some, and see if it can start to show some life under the 50 day EMA (10.14) to get things back on track.
SSYS 06/11 Trnd Rv 22.52 -1.16 25.44 29.94 231K 250K 23.94
Current. Rolled back on us Friday, and then kept on dropping Tuesday. Not a move we want to see, but it did hold the May and June lows at this point for support so we left it. Needs to hold here at the key support, so we will make sure it can do that the next couple of sessions to keep us in the play.
STE 06/28 Test 20 30.41 -0.21 31.21 36.95 305K 700K 29.87
Buy Not Issued. A modest step back Tuesday, but it is still holding over the June highs so we are giving it time. For now just watching it the next several sessions to see how it firms up, and then how it looks with the bounce back up.
SWKS 07/03 ABCD Up 16.33 -0.31 16.96 19.55 5.9M 8.5M 15.97
Buy Not Issued. Bumped lower Tuesday, but held the 50 day EMA (16.34) in the bottom of the ABCD pattern. A great little play is set up, and now this stock just needs to make sure it can bounce from this point to keep it in shape. Will see what it can do from here.
TEN 07/03 Test 20 19.67 -0.57 21.11 25.91 2.4M 2M 19.63
Buy Not Hit. Another step down, but this one managed a bounce off the low to hold the 200 day SMA (19.45). Not bad. It is also holding around the May (19.38 open) and June lows (19.98) so there is some good support there. Now we watch for the hold, and then for the turn higher that gets us looking for the entry.
TIBX 07/01 Test BO 11.90 -0.19 12.24 13.94 4.7M 5M 11.38
Buy Not Issued. Gapped, ran, and then flopped back to the 18 day EMA (11.85) to finish. A little frustrating to see after having such a great setup Friday, but the stock can still bounce. Will wait and see if it can do that to give us what we want.
TIE 06/10 BO 17.60 +0.33 19.09 21.94 3.4M 4.5M 19.22
Current. Slipped back below the 50 day EMA (17.66) last week, and has just stepped laterally since then at this level. It was higher Tuesday with the gap, but still formed a doji under that moving average. Leaving it on for now as it could shoot back up after taking a few days off so we see if it can do that.
TSCO 06/25 Rolling 61.27 -0.20 63.25 70.97 511K 800K 60.89
Current. A big start higher, but gave it all back and then some to finish in the red. Not a pleasant move, but it is holding the lows from last week so we are leaving it. This one is doing what it needs to do for now, but have to watch it to make sure it can keep it up the next couple days.
VIT 06/11 Dbl btm 23.19 -0.05 22.08 25.95 379K 700K 23.18
Current. Gapped and rolled to finish Tuesday just slightly lower. Nothing wrong with it as it is settled at the 18 day EMA (23.04), just watching to see what it can do from here with the next bounce. Leaving it alone to see what we get.
WBMD 06/22 Flag 46.44 +0.23 47.22 54.95 214K 450K 46.44
Buy Not Issued. Looked good at first as it gapped up, but the move faded to finish back at the 50 day EMA (46.39). That leaves it just working along the support level like it has done the past couple of weeks. Want to see that it can firm up and start to bounce in the next day or so to get this one back on track.
WHR 06/20 Pennant 83.45 -0.65 104.79 118.31 2.4M 2.2M 98.44
Exited. Looked like it might try to bounce, but it slid back again. As it continued to weaken at the 200 day SMA (84.68) it was time to shut it down.
WRLD 05/20 ABCD Up 36.88 -0.62 37.18 44.89 225K 500K 38.89
Exited. Down again Tuesday, this time slipping below the 50 day EMA (37.49) and closing there. Do not like how it gave up that support so we had to close it down.
WYNN 06/23 Test BO 74.96 +0.17 88.80 99.95 2.3M 4M 82.58
Current. Off the highs, but held fairly flat as it formed somewhat of a doji Tuesday. Not the prettiest move by far, but it is still trying to stick and turn around at this level. So, we leave it for now, and see if it can bounce back from this point to retake the recent up trendline as support.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
BTU 07/03 BearFla 40.26 +1.27 39.66 35.05 6M 8M 4139.0
Buy Not Hit. Gapped up, ran, and then gave it all up to finish with a doji. Still higher on the session thanks to the gap up, but that is leaving it in great position to buy it. If things can stall out and turn south, this one is ready to deal with it.
CSTR 06/29 Rollove 42.72 -0.39 43.66 38.32 831K 2M 45.12
Buy Not Issued. Not a huge step back, but it did finish well off the intraday high (44.88) so just left it. This one does look ready, but it is holding the April gap point (44.36) still and won't give that up. A short bounce that stalls out could give an ideal entry.
CVS 06/14 BearFla 28.55 -0.53 31.73 27.71 15M 12M 30.21
Well it formed a doji last week and looked like it was ready to bounce some. Not the case, as CVS has fallen nicely to start this week off. It is holding within the intraday low from last week so now we see if it gives that up, or if it starts to firm at this level for a little relief bounce.
CVS 05/29 BearFla 28.55 -0.53 33.80 30.65 15M 12M 30.21
Current.
DIA 06/14 Rollove 97.45 +0.58 103.09 98.11 10M 17M 99.08
Current. Up a little to start this week off, but not going very far with the bounce. Have to see if it can stall out under the May (98.53 open) and June (98.27) lows and then turn back down to continue lower for us.
HAL 06/14 BearFla 26.46 +0.72 25.54 21.24 20M 24M 27.31
Buy Not Issued. Gapped up, forming a doji right under the 50 day EMA (26.64). This is good to see, and now we see how it can stall out. If it fizzles at this point, we have a good entry with the slide lower.
OII 06/29 BearFla 44.11 -0.67 44.04 40.02 1.1M 1.5M 46.08
Buy Not Issued. Gapped to the 18 day EMA (45.94) and then flopped right back down into the finish. Held a nice step lower, and starting to tease our buy point. This one looks nice, it just needs to show us that it can continue lower and stick it before we pick it up.
SPY 06/21 Rollove 102.87 +0.67 109.89 106.00 250M 28M 104.66
Current. Not the strongest action, but looks a little like it might be trying to make the turn higher. So, we see how it does under the May (105.11 open) and June (105.49) lows, as well as the dropping 10 day EMA (105.16). If it can fizzle out at that point it looks set for the continued downside play.
TEX 05/29 HdShldr 17.30 -0.55 20.81 17.44 2.7M 2.7M 18.66
Gapped up and then rolled back to finish the day lower. Held within the intraday low from Friday, but this one could very well continue to fall for now. Keeping a close eye on it to see if it holds up in this range or if it starts to take a beating.
End part 2 of 3
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