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us stock market, stock split
Begin Part 2 of 2
THE PLAYS:
Good moves: A lot of solid moves and solid volume. APPX; AZO; BLUD; CCE; CECO; COCO; SPW; IGT; KDE; MCHP; SHFL
NEW BONUS PLAYS: Splitting stocks are often market leaders and thus we do not just focus on them at points where they are expected to announce or before they actually split. They provide many opportunities to invest in them and this section is where we can look at some former split stocks and other stocks that are in good position to make us money.
Upside:
ALLY (Alliance Gaming--$17.99; +1.82; optionable): Gaming
http://biz.yahoo.com/p/a/ally.html
STATUS: Breakout. A former splitting stock, ALLY enjoyed a super move Monday. The gaming sector is enjoying success now after most of the stocks in the sector formed bases over the past several months. Many of the sector stocks are breaking out right now, ALLY no exception. After a wild past two weeks ALLY found its footing and recovered, breaking out Monday on some huge volume. Accumulation is excellent at 9 up weeks on rising volume to 4 down weeks on rising volume. After such a strong move Monday we will most likely get a little weakness on the open Tuesday. A test back toward 17.25 or so would be a great entry point.
Volume: 1.896M Avg Volume: 561.636K
BUY POINT: Test: After a test of 17.25 a move over 17.50. From the close: $18.12 Volume=845K Target=$21.75 Stop=$16.85
POSITION: AQL DC - April $15c (76 delta, low OI) and/or Stock
http://www.investmenthouse.com/cs/ally.html
AMZN (Amazon.com--$19.26; +0.22; optionable): Internet retailer
http://biz.yahoo.com/p/a/amzn.html
STATUS: Cup w/handle. This is a seasonal play, at least it is shaping up that way. AMZN is in a 5-month cup w/handle base that is showing accumulation at 8 up weeks on rising volume to 4 down weeks on rising volume. That is solid accumulation. The past week it has been trying to form a handle but it is somewhat wild jumping from 22 to 18.50 as it rides up the 10 day MVA (18.54). We would prefer to see it test lower intraday in the handle to shake out the last sellers as it moves toward the breakout over the pre-correction high at 20. The past two sessions it has settled down to average volume the past two sessions. We want to see a very strong volume breakout, but beware the gap up as it showed Tuesday and Thursday when it gapped open and sold back. We want to see it open and then rally over the buy point on strong volume.
Volume: 6.763M Avg Volume: 7.083M
BUY POINT: $20.32 Volume=10M Target=$24.38 Stop=$18.9
POSITION: ZQN DO - April $17.50c (69 delta) and/or Stock
http://www.investmenthouse.com/cs/amzn.html
HRH (Hilb, Rogal & Hamilton--$42.55; +0.05; optionable): Insurance brokers
http://biz.yahoo.com/p/h/hrh.html
STATUS: Ascending wedge. The insurance brokers are forming some nice accumulative patterns. HRH is in a 4-month ascending wedge/triangle, the last month forming a double bottom with handle, using the 200 day MVA (38.50) as the bottom. It is now testing the 50 day MVA (41.65) in that handle. If it holds here and starts to rally that would be a real positive with a higher low while holding a key support level. Accumulation is very good at 4 up weeks on rising volume to 2 down weeks on rising volume. A breakout of the handle is also the breakout from the ascending wedge. The aggressive can step in earlier if there is a high volume move that starts; partial positions on that move and then completing the buy on the breakout.
Volume: 152.2K Avg Volume: 171.227K
BUY POINT: $45.1 Volume=257K Target=$52 Stop=$41.94
POSITION: HRH DI - April $45c (72 delta) and/or Stock
http://www.investmenthouse.com/cs/hrh.html
WATCHLIST/ CONTINUING
Some excellent looking plays currently on the report as well:
HCBK: Very nice in the handle of its short double bottom.
CLR: Looks so ready to go.
HSIC: Very nice test.
INGR: Very nice lateral consolidation above the 10 day MVA.
MARY: Beautiful test of the breakout.
RNR: Starting back up on rising volume. Looks like a new buy point.
NBIX: Looks ready just like CLR.
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
ACAS 09/10 Put 20.33 +0.04 17.35 14.75 412K 900K 18.25
AG 10/03 Test BO 25.86 +0.36 24.85 28.65 681K 750K 23.25
AGAM 10/03 Test 50 6.05 +0.06 5.71 7 31K 100K 5.31
ALLY 10/21 BO 17.99 +1.82 18.12 21.75 1.9M 845K 16.85
AMZN 10/21 cup hdl 19.26 +0.22 20.32 24.38 6.8M 10M 18.9
APOL 10/12 BO 45.65 +2.24 44.24 50.88 2.1M 3.3M 42.05
APOL 08/15 A Wedge 45.65 +2.24 40.65 48 2.1M 3.3M 42
APPX 09/19 cup hdl 21.39 +1.43 17.11 20.55 592K 225K 17.74
AZO 10/01 DB hdl 87.76 +1.97 81.55 92 1.4M 1.5M 80
AZO 08/24 DB hdl 87.76 +1.97 75.69 82.55 1.4M 1.5M 80
BCGI 10/01 cup hdl 11.25 -0.01 10.93 14 138K 250K 10.15
BLUD 10/10 BO 21.5 +1.34 21.4 24.24 629K 650K 18.75
BRCM 08/17 Test 50 11.05 +0.42 19.2 19.8 8.1M 9M 17.25
BRO 10/19 cup hdl 31.92 -0.53 33.05 38 280K 475K 30.74
BSX 10/19 Test BO 36.5 +0.4 36.55 43.75 1.8M 3.3M 33.99
BSX 09/12 cup hdl 36.5 +0.4 30.94 40 1.8M 3.3M 33.94
BYS 10/19 Cup 19.45 +0.06 19.54 23.45 145K 185K 18.17
CCE 10/15 cup hdl 24.4 +0.53 23.38 28 2.6M 1.6M 21.74
CECO 09/20 Test 50 52.39 +2.42 46.55 53.53 986K 700K 47.75
CHD 10/05 cup hdl 35.89 +0.48 35.55 41 172K 225K 33.65
CHS 10/15 Dbl btm 20.06 +0.27 19.35 23.25 1.4M 1.9M 18
CLX 09/25 Put 42.6 +0.3 41.25 37.25 611K 1.2M 42.35
COCO 09/18 Test 18 39.21 +2.22 38.11 42.75 859K 809K 35.44
COCO 08/01 Rv H&S 39.21 +2.22 29.95 36 859K 809K 35.75
CPBI 10/12 cup hdl 47.99 +0.69 46.41 52.45 13K 25K 43.16
CRL 10/14 A Wedge 40 +0.23 40.22 46.45 366K 700K 37.55
CVH 09/14 cup hdl 37.49 -0.06 35.75 42 558K 1.1 33.95
DL 09/28 cup hdl 21.6 +0.42 21.84 25.55 616K 712K 21
DLX 10/08 Rv H&S 48.37 +2.09 48.4 54.45 393K 510K 44.75
EASI 10/12 PreSplt 48.78 +0.45 50.24 53.55 98K 255K 47.55
EASI 08/03 Flat 48.78 +0.45 50.25 58 98K 300K 55
EDMC 09/07 Rv H&S 45.35 +0.68 44.03 49.45 318K 520K 41.95
EDMC 09/07 Rv H&S 45.35 +0.68 45.7 52.55 318K 520K 42.50
ELAB 10/14 BO 22.61 +0.25 23.05 27.65 157K 225K 21.35
ERES 09/07 A Wedge 18.15 +0.29 17.35 19.95 233K 200K 16.95
ESRX 10/19 Test BO 56.36 +0.72 56.05 62 1.1M 2.5M 52.13
ETR 09/24 Put 41.2 +2.5 37.88 34 1.2M 1.3M 41.35
FNFG 09/20 BO 31.16 +0.08 31.75 36.51 29K 87K 29.53
FNFG 07/27 Test BO 31.16 +0.08 28.4 33.45 29K 90K 29.25
HCA 10/07 cup hdl 50.51 -0.15 49.52 56.94 6M 3.2M 47.55
HCBK 10/19 cup hdl 18.58 +0.14 19.05 22.85 456K 475K 17.55
HET 10/05 Cup 44.5 +0.72 50.7 58.75 2.1M 1.8M 47.45
HLYW 10/14 Test BO 20.19 +0.24 19.45 22 1.1M 1.2M 18.09
HLYW 10/09 BO 20.19 +0.24 18.45 22 1.1M 965K 17.74
HNR 10/17 Test BO 6.21 +0.07 6.38 7.75 56K 288K 5.78
HRH 10/21 A Wedge 42.55 +0.05 45.1 52 152K 257K 41.94
HSIC 10/03 Test 50 54 -0.49 54.45 59.85 390K 550K 52.05
IGT 10/05 cup hdl 75.5 +5.2 73 82 3M 1.2M 69
INGR 10/03 cup hdl 18.73 -0.02 19 22.25 436K 525K 17.84
KDE 09/25 A Wedge 28.75 +1.5 21.31 28 270K 180K 24.92
LANC 09/21 Test 18 45.83 +0.15 44.25 50.88 186K 254K 41.15
LAND 10/12 BO 12.35 +0.05 12.35 14.85 1.4K 25K 11.49
LBIX 10/14 cup hdl 3.47 +0.05 3.22 4.35 128K 145K 2.99
LNCR 10/19 Cup 34.13 -0.87 35.32 40.55 1.5M 1.1M 32.85
MARY 10/19 Test BO 25.22 -0.18 25.55 30 300K 300K 23.76
MCHP 10/10 BO 26.44 +1.74 24.45 28.5 4.2M 6M 22
MME 10/02 cup hdl 42.39 +0.89 40.75 46 440K 650K 38.55
MOVI 10/19 cup hdl 18.4 +0.77 18.22 22 431K 975K 16.85
NBIX 10/08 Rv H&S 42.39 +0.04 42.35 50.75 613K 1.1M 39.39
PENN 09/14 cup hdl 21.14 +1.48 21.15 25.35 1.1M 480K 18.65
PFGC 10/12 Test 50 37.25 +0.73 36.55 39.5 456K 500K 35.15
QCOM 10/16 BO 36.89 +0.69 34.05 40 17M 20M 33
QCOM 10/10 BO 36.89 +0.69 31.1 38 17M 20M 32.25
RMCI 10/03 PreSplt 15.03 -2.02 23.55 26.55 1.3M 165K 21.9
RNR 10/09 cup hdl 43.1 +0.4 39.61 45.88 441K 623K 39.75
SBUX 10/16 cup hdl 23.11 +0.77 24.21 29 3.4M 5.5M 22.35
SHFL 10/12 A Wedge 23.15 +1.25 20.38 24 638K 375K 19.75
SLAB 10/16 Test 50 26.51 +1.71 24.4 28 1.3M 1.3M 22.69
SPW 09/10 PreSplt 111.35 +3.61 105.15 110 507K 425K 105
SRE 10/07 Put 19.56 +1.62 18.88 16.15 2M 1.2M 18.55
STE 10/07 BO 25.54 -0.5 25.24 29.4 451K 711K 24.15
STE 09/28 BO 25.54 -0.5 23.95 28.75 451K 711K 24.15
STJ 09/21 Put 36.35 +0.6 36.25 32.05 1.6M 1.9M 37.35
STU 10/16 cup hdl 95.86 +2.96 94 108 19K 40K 88.45
THC 10/12 Test 50 50.55 +0.52 50.05 55 3M 4M 48.55
TSCO 10/16 Test BO 38.39 -0.61 39.05 46.85 437K 235K 36.32
TTC 10/17 BO 61.75 +0.25 62.08 72 93K 120K 57.73
UHS 10/09 cup hdl 54.92 +1.6 54.25 62 1.1M 800K 50.95
UNH 10/15 Test BO 99.32 -0.41 95.35 106.88 2.3M 3M 92.25
VAR 09/16 A Wedge 47.3 +0.35 43.96 50.55 526K 550K 43.94
VAR 08/10 Dbl btm 47.3 +0.35 42.75 46.9 526K 550K 42.15
WEDC 10/19 BO 9.75 +0.13 9.45 12 125K 142K 7.95
WHI 10/16 DB hdl 18.26 +0.37 18.6 22.25 127K 356K 17.16
XRAY 10/05 cup hdl 42.85 +0.46 42.28 48.75 463K 900K 39.85
Good Investing!
Jon L. Johnson and the Stock Split Report Staff.
All of the foregoing is commentary for informational purposes only. All statements and expressions are the opinion of Online Investment Services, LP or its paid consultants and are not meant to be a solicitation or recommendation to buy, sell, or hold securities. We are not licensed or registered in the securities industry. The information presented herein and on our related web site has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. The security portfolio of Partners of Online Investment Services, LP or its paid consultants may, in some instances, include securities mentioned herein and on our web site. Estimates, assumptions and other forward-looking information are subject to the limits of forecasting. Actual future developments may differ materially due to many factors.
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us stock market
stock split
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