|
|
us stock market, stock recommendation
Begin part 2 of 2
THE PLAYS
Good movers: XLE
New Downside Play:
Play Date: 04/20/2005
MCK (McKesson--$35.37; -0.79; optionable): Healthcare information and management products
http://biz.yahoo.com/p/m/mck.html
STATUS: Put. Volume shot back above average Wednesday as MCK continues its fall through the 50 day EMA (36.71). It broke through Monday on very strong trade, bounced marginally Tuesday, and then was heading back down Wednesday. Looking to move in on a further drop and follow that money flow lower to the target. That move will land us a 36%ish gain.
Volume: 3.3M Avg Volume: 1.972M
BUY POINT: $35.25 Volume=2M Target=$33.72 Stop=$35.65
POSITION: MCK RG - June $35p (-42 delta)
http://www.investmenthouse.com/cs/mck.html
PRE-ANNOUNCEMENT PLAYS
Continuing Pre-Announcement Plays:
Buy not yet hit:
Play Date: 04/14/2005
GOOG (Google--$198.1; +6.7; optionable): Internet search, etc. Forecast 4-21-05 after the close.
BACKGROUND: No splits but has surged to near $200. Management has a 'small investor' mindset, and at $200 not many small investors can participate.
http://biz.yahoo.com/p/g/goog.html
After Hours: $198.10
STATUS: Cup w/handle. GOOG was up after hours after a volatile session. It was a volatile after hours as well on the EBAY news selling off then rallying back to where it closed. We think GOOG might get the dips before the close Thursday, coming back some to test the gap higher. Will use that to take some aggressive positions ahead of the close. To recap: The 10 week base has formed around the 50 day EMA (186.31), a key support level. 2 to 1 accumulation (2 up price weeks on rising volume to 1 down price weeks on rising volume) shows net buyers. Money flow is solid, well out in front of price. It has held up as the market sold, and thus its relative strength is good. Very nice and quiet pattern, and just looking for volume to surge as it makes its breakout move.
Volume: 15.363M Avg Volume: 10.517M
BUY POINT: $195.35 Volume=13M Target=$210 Stop=$189.95
POSITION: GOU FS - June $195c (49 delta)
http://www.investmenthouse.com/cs/goog.html
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://stocksplits.net/ssr/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
AMHC 04/12 Test BO 35.23 -0.51 36.62 42.55 320K 713K 35.22
Buy Not Issued.
APPX 03/29 Asc Tri 55.35 -1.35 54.91 62.45 349K 975K 54.38
Current.
AYE 04/18 Test 50 22.23 -0.15 22.28 26.75 1.4M 1.2M 21.75
Current.
BCR 04/02 Test 18 68.57 -0.54 69.45 77 582K 882K 68.55
Current.
CHD 03/12 Test 18 35.36 -0.92 36.75 42.85 291K 393K 35.68
Exited.
CI 04/16 Cup hdl 87.88 -0.72 91.65 100 936K 1.6M 89.25
Buy Not Hit.
CNMD 03/29 Cup hdl 30.15 -0.54 30.88 34.98 191K 300K 30.55
Current.
DVA 04/09 Flat 41.21 -0.7 42.57 48 698K 1.1M 41.58
Buy Not Issued.
ESRX 04/05 DB hdl 85.23 -2.33 87.81 94 598K 1.2M 84.38
Buy Not Issued.
ESRX 03/17 Test BO 85.23 -2.33 83.35 94 598K 900K 85.03
Current.
FO 04/16 Test BO 83.85 -1.81 87.55 99 706K 908K 85.65
Buy Not Hit.
FTO 04/18 Test BO 41.35 -1.35 42.11 45.75 598K 525K 40.48
Current.
GOOG 04/14 Cup hdl 198.1 +6.7 195.35 210 15M 13M 189.95
Buy Not Issued. Gapped higher on the YHOO earnings but spent afternoon selling back. Held a big gain but decided to wait and
see if it softens a bit more Thursday before hte earnings
after the close.
GPN 04/13 Test BO 63.4 -0.78 64.28 72 297K 300K 62.55
Current.
GPRO 04/19 Cup hdl 50.08 -1.17 51.38 59 488K 1.1M 49.05
Buy Not Issued.
GTIV 04/19 Test BO 17.84 +0.38 17.92 20.75 229K 320K 17.21
Entered today.
HSY 04/14 Test 50 59.9 -1.99 62.45 69.95 736K 1.1M 61.44
Buy Not Issued.
HYTM 04/14 Asc Tri 8.25 0 8.55 10.25 187K 155K 8
Buy Not Hit.
JAH 04/06 DB hdl 46.22 -0.16 47.87 54 355K 460K 46.39
Current.
JOSB 04/16 FlyPlat 35.1 -0.65 34.95 40.45 581K 675K 34.35
Current.
MATR 03/30 Cup hdl 31.03 -0.12 31.58 37.55 79K 353K 30.35
Current.
OPTN 03/10 Test BO 14.14 -0.21 13.59 15.64 284K 335K 13.86
Current.
PDCO 04/16 Test 18 50.06 -0.31 52.12 56.25 908K 1.1M 50.89
Buy Not Issued.
PFCB 04/12 Test BO 58.52 -1.2 58.88 67.45 424K 582K 57.64
Buy Not Issued.
PIXR 04/09 Test BO 45.5 -0.81 94.58 105.55 785K 600K 92.88
Buy Not Issued.
STZ 04/16 Test BO 56.61 -1.6 57.11 63.88 1.2M 940K 56.44
Exited.
UNH 04/11 Test BO 92.15 -1.05 96.72 105 3.4M 3.8M 93.29
Exited.
USNA 04/14 Test 50 42.12 -5.21 47.88 52.45 895K 425K 46.15
Exit.
VLO 03/31 Test 18 73.49 -0.53 75.98 86 11M 5.5M 72
Current.
XRAY 04/16 Cup hdl 54.48 -0.08 56.22 62 463K 700K 54.98
Buy Not Hit.
YUM 04/19 Test 50 49.3 -0.91 50.92 57 1.8M 1.9M 49.78
Buy Not Hit.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
XLE 04/19 Put 40.55 -0.85 41.19 39.84 20M 2M 40.89
Entered today.
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.
|
us stock market
stock recommendation
|
