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us stock market, trade stock
Begin part 2 of 2
We were unable to retrieve play table data. We have prepared some new plays. Will be back up and running Tuesday morning though power is not yet restored.
THE PLAYS
Weekend play results:
BMET: Still right at the breakout point.
EMR: Holding at the breakout point on lower trade.
FFIV: Nice volume break higher.
MRVL: Surged on volume but gave most of it back.
SWKS: Surged again on volume. Closed off high but solid.
CX: Nope. Kept on moving higher on volume.
New Plays:
Upside:
Play Date: 10/04/2004
CLE (Claires Stores--$25.82; +0.85; optionable): Apparel stores
http://biz.yahoo.com/p/c/cle.html
STATUS: Flying plateau. Broke out from a 9 month cup with handle base in mid-August and surged up near 25. It has moved laterally the past six weeks on mostly below average volume, holding over the 18 day EMA (25.08) in a tight range the past two weeks. Monday it surged off of that level on solid, above average volume. Looking for volume to continue as it continues the move higher, following some strong money flow. A perennial market leader.
Volume: 662.3K Avg Volume: 619.09K
BUY POINT: $26.05 Volume=929K Target=$30.12 Stop=$25.05
POSITION: CLE BE - Feb. $25c (63 delta) &/or Stock
http://www.investmenthouse.com/ci/cle.html
Play Date: 10/04/2004
PMTC (Parametric Technology--$5.54; +0.2; optionable): Technical and system software
http://biz.yahoo.com/p/p/pmtc.html
After Hours: $5.55
STATUS: Breakout. Making a solid, high volume breakout move from its 6 month double bottom with handle base. Strong 8 to 4 accumulation setting up the breakout. Relative strength has broken out as well, a good corroboration of the breakout move.
Volume: 3.595M Avg Volume: 1.304M
BUY POINT: $5.66 Volume=1.3M Target=$6.84 Stop=$5.48
POSITION: PAU AA - Jan. $5c (76 delta) &/or Stock
http://www.investmenthouse.com/ci/pmtc.html
Play Date: 10/04/2004
PPDI (Pharmaceutical Product Dev.--$36.14; +0.39; optionable): Medical labs
http://biz.yahoo.com/p/p/ppdi.html
STATUS: Breakout test. PPDI exploded higher in July, then fell into a 9 week cup with handle base. Solid 3 to 0 accumulation during the pattern has set up the breakout. After moving higher two weeks back on some decent volume, it has pulled back and held the 18 day EMA (35.72) on the test. Started to move higher again Monday, but faltered a bit. Still looks solid, and just looking for a volume break higher. Solid money flow is leading to the upside.
Volume: 341.724K Avg Volume: 455.363K
BUY POINT: $36.55 Volume=683K Target=$42 Stop=$35.66
POSITION: PJQ AG - Jan. $35c (62 delta) &/or Stock
http://www.investmenthouse.com/ci/ppdi.html
Play Date: 10/04/2004
SAPE (Sapient--$8.48; +0.67; optionable): Business software
http://biz.yahoo.com/p/s/sape.html
After Hours: $8.45
STATUS: Test 50 day EMA. After a late July breakout and run up the 18 day EMA (7.91), SAPE has come back to test the 50 day EMA (7.40) on much lower, below average volume. It found that support and then exploded higher Monday on a very strong volume surge, helped along by the SEBL announcement. Strong money flow is leading higher and relative strength is breaking out as well, a good corroboration of the stock's strength. Strong stocks breakout, rally 4 to 5 bounces up the 18 day EMA, test the 50 day EMA, and then start back up. Looks as if SAPE is doing just that.
Volume: 1.966M Avg Volume: 1.353M
BUY POINT: $8.62 Volume=1.6M Target=$10.35 Stop=$8.28
POSITION: SQC AU - Jan. $7.50c (76 delta) &/or Stock
http://www.investmenthouse.com/ci/sape.html
CONTINUING PLAY LIST
* * 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
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 09/14 Test BO 38.79 +0.12 36.32 42 10M 8.5M 37.68
Current.
AH 09/08 DB hdl 43.81 +0.57 38.89 44.12 757K 1M 42.68
Target Hit.
AHC 09/23 Test BO 89.9 -0.14 89.21 105 640K 1.5M 87.38
Current.
AIRN 09/21 Cup 6.22 +0.22 5.98 7.48 1.1M 543K 5.72
Current.
AMT 09/30 Flat 15.33 +0.09 15.55 18.68 1.3M 1.8M 14.84
Current.
BDX 09/13 Cup hdl 52.5 -0.35 52.68 57.88 854K 1.5M 51.97
Current.
BMET 10/02 Cup hdl 48.13 +0.19 48.32 56 1.2M 2.5M 47.48
Buy Not Issued.
CREE 09/09 Cup hdl 32.8 +1.56 26.78 30.75 3.7M 2.9M 30.75
Current.
CTSH 09/04 Cup 31.2 +1.04 28.98 39.25 2M 1.6M 29.25
Current.
DO 08/31 Cup hdl 33.53 -0.31 25.48 29 1.2M 1.3M 32.75
Current.
EBAY 08/31 DB hdl 93.65 +1.21 88.05 99.94 9.9M 14M 93.25
Current.
EMR 10/02 Cup 63.84 -0.06 64.34 74 1.4M 1.9M 63.15
Buy Not Hit.
FFIV 10/02 Cup hdl 32.78 +1.15 32.85 38 1.3M 1.4M 31.88
Entered today.
FLS 09/16 Cup hdl 24.81 +0.31 24.44 28.48 265K 415K 23.62
Buy Not Issued.
GW 09/25 Rv H&S 4.75 -0.05 4.84 6.22 1.4M 1.2M 4.65
Current.
JCOM 09/29 Cup 33.2 +0.97 32.25 37.65 1M 850K 31.35
Current.
JUPM 09/29 BO 18.31 +1 17.57 21 844K 550K 16.88
Buy Not Issued.
KMRT 08/18 Dbl btm 90.53 +2.47 80.22 92 2.4M 3.6M 87.88
Current.
LLL 09/24 Cup hdl 67.89 -0.52 65.43 73.55 688K 1.2M 67.22
Current.
MRVL 10/02 Cup hdl 28.5 +0.46 29.11 33.48 8.2M 700K 27.21
Entered today. Was rallying well on strong trade & we took 1/2 position.
Reversed w/NASD & gave back much of gain. Will look
to add after test back is over.
MSSN 09/15 Cup hdl 6.63 +0.13 6.56 7.92 352K 538K 6.19
NCR 09/30 Cup hdl 50.94 +0.25 51.02 60 633K 900K 49.05
Buy Not Hit.
OPTV 09/27 Test BO 3.4 +0.24 3.35 4.48 1.2M 525K 3.18
Entered today.
OS 09/28 Test BO 17.3 +0.83 17.03 20.05 1.8M 385K 16.08
Entered today.
QCOM 08/31 FlyPlat 40.97 +0.52 38.82 45 14M 11M 38.88
Current.
QCOM 08/14 Flat 40.97 +0.52 35.42 40.48 14M 11M 38.88
Current.
SHFL 09/29 Cup hdl 36.75 -0.65 37.83 44.45 792K 650K 36.38
Current.
SIMG 09/21 DB hdl 14.43 +0.03 13.29 15.98 4.3M 1.5M 13.98
Current.
STJ 09/22 Test 20 75.53 +0.55 72.78 76.85 848K 1.5M 74.98
Current.
SWKS 10/02 Test 20 10.41 +0.42 10.55 12.78 9.2M 4.9M 9.98
Entered today.
SYMC 08/10 DB hdl 56.84 -0.36 47.83 53.88 7.7M 7.6M 56.18
Current. Head faked us with a sharp drop on volume, but then
rebounded to close near the high.
TDS 09/24 FlyPlat 83.79 -0.7 84.68 100 289K 265K 83.72
Current.
TDS 08/02 FlyPlat 83.79 -0.7 77.46 82.38 289K 265K 83.88
Current.
TWTI 09/30 Test BO 7.74 +0.28 6.97 8.32 695K 236K 7.26
Current.
VIP 09/18 Test BO 115.05 +0.31 104.45 113.75 395K 600K 113.55
Current.
VRSN 09/29 DB hdl 20.83 -0.15 20.44 24.44 4.1M 2.6M 20.25
Current.
WCN 09/11 Test BO 31.05 -0.47 30.69 34.22 398K 350K 30.97
Current.
WITS 09/25 Test BO 17.11 +0.15 16.94 19.87 506K 543K 16.28
Current.
WYNN 09/18 Cup hdl 53.29 +2.31 45.38 53 1.9M 558K 51.38
Current.
ZBRA 08/19 Dbl btm 60 -0.32 56.43 60 423K 425K 59.88
Current.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
ACDO 09/30 Put 23.98 +0.3 23.55 21.55 1M 1.1M 24.04
Current.
CGNX 09/30 Put 27.43 +0.11 26.55 23.88 771K 750K 27.48
Buy Not Hit.
CX 10/02 Put 29.2 +0.65 28.41 27.15 1.6M 950K 28.67
Buy Not Hit.
EYE 09/22 Put 21.2 +0.2 19.98 17.78 244K 485K 20.48
Exited.
HOLX 09/28 Put 20.15 +0.75 18.88 17.15 129K 125K 19.45
Buy Not Issued.
JCP 09/18 Put 36.53 +1.15 35.97 34.15 4.6M 3M 35.55
Exited.
KCP 09/27 Put 27.68 +0.03 28.75 27 330K 126K 27.88
Trailing Stop.
PTEK 09/27 Put 9.23 +0.31 8.44 7.38 348K 825K 8.65
Buy Not Hit.
SFD 09/22 Put 25.03 -0.22 24.48 22.85 321K 715K 24.58
Current.
WMGI 09/27 Put 25.74 +0.59 25.22 23.68 236K 525K 25.55
Buy Not Issued.
Good Investing!
Jon L. Johnson and your IH Alerts Team
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 in 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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