|
|
stock prices, stock market today
Begin part 2 of 3
New plays contained in part 3.
Support and Resistance
NASDAQ: Closed at 1850.64
Resistance:
The 50 day EMA at 1869
The 50 day SMA 1872
May 2004 lows (1876 closing, 1865 intraday) may prove to be some resistance.
The March 2004 lows (1897 - 1989)
The 2004 down trendline at 1918
The 200 day SMA at 1968
Support:
The October 2002/March 2003 up trendline at 1846
The 18 day EMA at 1844
July 2003 highs at 1755
Late July 2003 top at 1735.
June 2003 intraday highs at 1686 to closing range at 1644 to 1677 (mid-July low here as well).
S&P 500: Closed at 1116.27
Resistance:
The March/April down trendline at 1119
1125 was key price support.
1142-1146 are the June highs.
The April and January highs (1150 to 1155).
1159 (February highs) and 1160 to 1175 the highs in that double top that spanned late 2001, early 2002.
Support:
The 200 day SMA at 1113
The 18 day EMA at 1104
The 50 day EMA at 1102
1096 to 1100 represent price support.
May low at 1084 (closing) to 1076 (intraday).
1080 (May and July lows).
1062 - 1058 from November 2003
Dow: Closed at 10,313.36
Resistance:
Late April, June peaks at 10,478 to 10,512
10,570 is the early April high
Price consolidation at 10,600 level
10,747 is the February high
Support:
The 200 day SMA at 10,270
The 18 day EMA at 10,170
The 50 day EMA at 10,145
The February/April down trendline at 10,060
9783 to 9793, the August lows.
9625 - 9660 from September 2003.
9500 from various price points in late summer to fall 2003.
Economic Calendar
These are consensus expectations. Our expectations will vary and are discussed in the 'Economy' section.
September 8
Consumer Credit, July (3:00): $10.9B actual versus $7.5B expected and $4.3B prior (revised from $6.6B)
September 9
Export Prices ex-ag., August (8:30): 0.6% prior
Import Prices ex-oil, August (8:30): 0.1% prior
Initial Jobless Claims, 09/04 (8:30): 345K expected and 362K prior
Wholesale Inventories, July (10:00): 0.6% expected and 1.1% prior
September 10
Trade Balance, July (8:30): -$51.6B expected and -$55.8B prior
PPI, August (8:30): 0.2% expected and 0.1% prior
Core PPI, August (8:30): 0.1% expected and 0.1% prior
CONTINUING PLAYS
* * 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/daily/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
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 08/24 Pennant 36.35 +0.59 32.62 37.45 6.1M 9M 35.24
Current. Continue with the uptrend on rising, but below average volume.
AEOS 07/27 Flat 36.29 -0.56 31.18 36.32 1.4M 2.3M 35.89
Current. Pullback on lower, below average volume. Still in uptrend.
APCS 08/19 Flat 7.6 -0.12 8.32 9.98 667K 2.2M 7.95
Buy Not Issued. Continue to fall below the 50 day MVA on low volume. Stock has not performed so will drop.
AVL 09/07 Cup 21.62 +0.27 21.52 24.68 364K 175K 20.97
Buy Not Issued. Gapped up at the open then gave some of it back on very strong volume. Did not enter the play because stock gapped above the buy point and then sold back all day. Would like to see stock fill the gap.
BEAV 08/10 Test BO 11.42 +0.22 10.29 12.38 689K 600K 10.78
Current. Bounced off the 10 day MVA for a nice gain on stronger above average volume. Came off the day's high of 11.99.
BGC 08/07 Cup hdl 10.68 -0.05 10.29 12.38 159K 581K 10.68
Current. Tapped 11 at the day's high, but gave it back showing a doji on lower, below average volume. Still in the pattern.
CHTT 08/27 Cup 31.9 +0.15 30.35 34.72 170K 258K 30.98
Current. Continue with uptrend on lower, but average volume. Making a 52 week high.
CLE 09/01 Test BO 24.61 -0.42 25.22 28.48 538K 725K 24.72
Exited. Pullback below the 10 day MVA on lower, below average volume.
CRXL 09/02 Rolling 7.94 -0.05 8.24 9.65 98K 200K 7.89
Buy Not Hit. Pullback on rising, but below average volume. Still in the pattern.
CTV 08/26 DB hdl 20.26 -0.41 20.68 23.88 601K 994K 19.23
Buy Not Issued. Thudded down below the 10 day MVA on rising, but average volume. May test back to the 18 day MVA.
CWTR 08/30 Test BO 21 -0.02 20.39 24.22 603K 400K 19.72
Current. Beginning to make a lateral move at resistance on stronger above average volume.
DECK 08/18 Asc Tri 32.47 -0.87 31.54 36.55 835K 550K 29.95
Current. Gapped up at the open, but reversed on lower, but still strong volume. Still in good shape.
DKS 09/01 Rv H&S 33.1 -0.4 33.44 38.24 321K 1.1M 32.31
Current. Pullback testing the 10 day MVA intraday and rallied back on lower, below average volume. Still in good shape.
DO 08/31 Cup hdl 27.51 +0.44 25.48 29 1.4M 1.3M 26.72
Current. Nice move up the 10 day MVA on stronger above average volume.
DOVP 08/28 Cup hdl 15.39 -0.08 16.22 19 70K 447K 15.89
Buy Not Issued. Pullback testing the 18 day MVA intraday on very low volume. Still in the pattern.
EBAY 08/31 DB hdl 89.1 0 88.05 99.94 9.1M 14M 87.44
Current. Making a lateral move above the 10 day MVA on lower, but average volume.
EBAY 03/06 Flat 89.1 0 71.78 82.25 9.1M 10M 87.45
Current.
EBAY 12/12 Test 18 89.1 0 34.72 46 9.1M 12M 84.75
Current.
EBAY 10/15 Test 50 89.1 0 31.22 46 9.1M 12M 84.75
Current.
ECIL 08/28 Cup hdl 6.94 -0.17 7.12 8.55 148K 450K 7.89
Buy Not Issued. Tapped 7.20 at the high, but gave it back showing a doji on the 10 day MVA on lower, below average volume. Still in good shape.
ELGX 08/26 Cup hdl 6.17 -0.13 6.38 7.65 63K 120K 5.93
Buy Not Issued. Pullback tapping 6.10 at the low and rallied back on rising, but average volume. May test back to the 10 day MVA.
EXPD 08/24 DB hdl 49.99 +0.09 49.48 56 499K 850K 48.88
Buy Not Issued. Making a lateral move on lower, below average volume. Looking for a pullback for possible entry.
FMC 08/21 DB hdl 46.76 +0.01 45.49 50.95 237K 397K 45.48
Current. Making a lateral move showing a doji on rising, but still below average volume.
HANS 09/01 Cup hdl 27.11 -0.24 26.12 30 194K 550K 26.45
Current. Making a lateral move on lower, below average volume.
HDWR 08/23 Asc Tri 28.49 -2.99 29.15 33 4.3M 1M 29.98
Exited. Gapped down intraday on acquisition announcement.
Rallied back some but then started to fade once more.
IDEV 08/30 DB hdl 6.7 -0.26 7.24 8.69 540K 1.2M 6.96
Buy Not Issued. Thudded down holding the 18 day MVA on rising, but average volume. The stock has not performed so will drop.
IGL 08/02 Cup hdl 16.37 -0.32 14.12 16.88 856K 1.6M 15.94
Current. Pullback on lower, below average volume. Still in uptrend.
INSP 08/18 Cup 41.44 -0.06 38.38 43.55 1.4M 1.5M 40.38
Current. Tapped 42.75 at the high, but gave it back showing a tight doji on lower, but above average volume. Beginning to make a lateral move.
IO 07/22 Cup hdl 10.31 -0.34 9.41 11.29 1.1M 951K 10.69
Trailing Stop. Thudded down holding the 10 day MVA on stronger above average volume.
JNPR 09/01 Dbl btm 23.6 +0.29 23.42 26.62 5M 12M 22.87
Current. Moving up the 10 day MVA on low volume.
LEG 07/29 Flat 28.25 -0.56 28.59 32 1.4M 900K 27.97
Current. Thudded down on stronger above average volume. May test back to support at 27.40.
LIZ 08/31 DB hdl 39.4 -0.19 38.28 42.35 564K 881K 38.97
Pullback on lower, below average volume. Still in uptrend.
LLL 09/04 Cup hdl 63.47 -0.26 64.41 72.45 502K 1.2M 62.97
Buy Not Issued. Pullback on rising, but still low volume. Still forming the handle.
MCIP 08/12 Test 50 17.21 -0.13 17.11 20 656K 5.1M 17.08
Current. Pullback holding the 10 day MVA on very low volume. Making a lateral move.
MEE 09/04 DB hdl 29.28 -0.37 29.48 33.55 1.1M 1.6M 27.98
Current. Pullback showing a doji on lower, but above average volume. Still in uptrend.
NTMD 09/07 Pennant 19.01 +0.24 19.48 23.55 395K 1.8M 18.46
Buy Not Hit. Moving up the 10 day MVA on low volume. Still in the pattern.
NUS 08/11 Test BO 26.65 +0.26 26.39 30.42 667K 475K 25.88
Buy Not Issued. Tested the 18 day MVA intraday and rallied back on stronger above average volume. Did not enter because would like to see more of a break away move. This volume is a good sign that stock is ready to move.
OCAS 08/31 Asc Tri 20.48 -0.37 20.12 23.12 190K 358K 20.14
Current. Pullback on much lower, below average volume holding at support. Starting a lateral move.
PETD 08/31 Rv H&S 34.53 +1.08 33.39 37.35 436K 383K 33.98
Current. Tested the 10 day MVA intraday and rallied back for a nice gain on lower, but still strong volume. Moving up after testing the breakout.
PMTC 09/01 DB hdl 4.87 -0.07 5.06 6.12 679K 1.9M 4.71
Buy Not Hit. Pullback on lower, below average volume. Still in good shape.
PPDI 07/24 Test BO 35.22 -0.15 34.75 40.75 276K 650K 34.05
Buy Not Issued. Continue to move up the 10 day MVA on low volume. Looking for stock to test back.
QCOM 08/31 FlyPlat 39.51 +0.18 38.82 45 16M 11M 37.59
Current. Continue with uptrend on rising, but below average volume.
QCOM 08/14 Flat 39.51 +0.18 35.42 40.48 16M 11M 37.15
Current.
ROK 08/03 Asc Tri 39.27 +0.06 38.08 43.95 742K 1.3M 38.75
Current. Making a lateral move on lower, below average volume.
SAPE 08/09 Test BO 7.91 -0.01 7.04 8.54 1.3M 1.5M 7.48
Current. Making a lateral move on average volume.
SBAC 08/14 Test BO 5.5 +0.24 5.38 6.48 1.2M 635K 5.05
Closed off its high. May come back some more for a good entry point.
SERO 08/19 Cup hdl 21.43 +0.18 21.47 25.45 237K 538K 20.98
Current. Gapped up at the open, but gave some of it back on lower, below average volume. Making a lateral move.
SKX 09/02 Asc Tri 14.2 +0.4 14.28 17 1.2M 270K 13.64
Entered today. Broke out on very strong volume, but we were disappointed in the pullback off the day's high. Still in good shape.
TKLC 09/02 Cup 18.32 -0.38 19.28 23 734K 1M 18.38
Buy Not Hit. Pullback holding the 18 day MVA on average volume. Needs to hold here or will drop.
TRA 08/09 Cup hdl 7.82 -0.57 7.04 8.45 1.5M 450K 8.24
Trailing Stop. Tanked on very strong volume surge.
TV 08/10 Cup hdl 47.6 -0.05 47.48 53.88 292K 561K 47.35
Current. Making a lateral move on the 10 day MV on average volume.
WBSN 08/14 Cup hdl 38.48 -0.36 39.58 43.45 354K 735K 38.46
Current. Gapped up at the open, but gave it back holding above the 18 day MVA on lower, below average volume. Still in good shape.
WITS 08/21 Flat 14.25 +0.9 14.12 16.95 752K 459K 13.88
Bounced off the 18 day MVA for a nice move on stronger above average volume. Still well within the buy range. If continues with the move tomorrow it is a buy.
YUM 08/21 DB hdl 39.33 -0.44 39.69 44 1M 1.4M 39.49
Current. Pullback holding below the 10 day MVA on lower, but average volume. Testing the breakout. May test back to the 18 day MVA.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
ANN 08/30 Put 23.67 -0.71 24.15 22.57 2M 1.2M 24.22
Current. Nice move down the 10 day MVA on stronger above average volume.
ARW 08/28 Put 20.98 -0.44 21.98 20.45 912K 1.2M 22.05
Current. Gapped down and continued to move down the 10 day MVA for a nice move holding a support on rising, but below average volume.
ATYT 08/26 Put 14.36 +0.29 14.75 13.51 2M 2.2M 14.05
Current. Relief bounce tapping 10 day MVA intraday, but could not hold the gain on lower, below average volume.
ERES 08/21 Put 18.71 -0.24 18.95 17.15 1.2M 1.5M 19.26
Entered today. Continue the move down on lower, but still good volume.
JBLU 08/28 Put 23.14 +0.07 23.94 21.75 3.9M 2M 23.68
Target Hit. Gapped down at the open hitting the target so we took our money.
PTEK 08/26 Put 7.7 -1.19 8.58 7.28 2.9M 725K 8.98
Target Hit. Gapped down at the open hitting the target so we took our money.
PXLW 09/04 Put 8.89 -0.83 9.45 8 2.3M 1.4M 9.78
Entered today. Great move down the 10 day MVA on strong volume surge.
TEK 09/07 Put 28.58 -0.22 28.55 26.75 225K 600K 28.88
Buy Not Issued. Moving down the 10 day MVA on lower, below average volume. Volume will need to increase before we will enter the play.
VSH 09/04 Put 12.13 -0.73 12.23 11.08 3.9M 2.5M 12.32
Entered today. Great move down the 10 day MVA on strong above average volume.
End part 2 of 3
|
stock prices
stock market today
|