|
|
us stock market, stock split
Begin part 2 of 2
Full report issues Thursday.
THE PLAYS
New Post-Split Plays:
Play Date: 08/17/2005
MSCC (Microsemi--$23.38; +0.79; optionable): Semiconductor integrated circuits
http://biz.yahoo.com/p/m/mscc.html
STATUS: Breakout test. MSCC made us some money in its earlier move, and after pulling back to consolidate that move this month it has bolted higher Wednesday on strong, above average volume. This is the second big leg following the breakout from a 6 month double bottom with handle base in May and then a test of the 50 day EMA (21.21) in early July. Strong money flow is leading and a relative strength breakout gives the move good corroboration. Looking to start the position on a further move.
Volume: 1.262M Avg Volume: 881.88K
BUY POINT: $23.54 Volume=900K Target=$27 Stop=$22.29
POSITION: QMS LX - Dec. $22.50c (60 delta) &/or Stock
http://www.investmenthouse.com/cs/mscc.html
New Pre-Announcement Play:
Play Date: 08/17/2005
LLL (L-3 Communications--$80; +0.55; optionable): Intelligence, surveillance, recon systems and secure communications systems for government and other clients
BACKGROUND: Last announced a 2:1 split 4-32-02 at $125. A bit low in price, but hard to beat the breakout that looks to be forming up.
http://biz.yahoo.com/p/l/lll.html
STATUS: Test breakout. LLL jumped out of a 7 month double bottom with handle in late July, rallied to 80, and then fell into the current lateral 4 week move above the 18 day EMA (78.25) on low volume after the nice volume breakout. Relative strength is making the breakout, a good sign of the stock's strength in the market. Nice 8 to 5 accumulation in the prior base (8 up price weeks on rising volume to 5 down price weeks on rising volume) shows net accumulation of the stock during the base. Looking for some more volume as LLL continues the move higher.
Volume: 671.8K Avg Volume: 929.748K
BUY POINT: $80.38 Volume=1.2M Target=$90.45 Stop=$78.58
POSITION: LLL AP - Jan. $80c (56 delta) &/or Stock
http://www.investmenthouse.com/cs/lll.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
AAPL 08/12 Cup hdl 47.15 +0.9 46.01 53.55 18M 29M 46.11
Current.
ADSK 08/04 Dbl btm 37.76 +0.2 37.62 43.38 2.3M 2.7M 36.29
Current.
AMED 07/23 Test BO 40.65 +0.57 39.48 44.98 163K 500K 39.99
Current.
AMX 08/04 Test BO 21.97 +0.09 22.21 25.55 3.2M 5M 21.54
Buy Not Issued.
ANDS 08/15 Test 18 12.27 -0.42 12.97 15.55 170K 300K 12.42
Buy Not Issued.
ANSI 08/09 PreAnn 50.21 +0.1 50.32 59.89 259K 600K 49.05
Buy Not Issued.
ANSS 07/30 Saucer 37.93 +0.36 38.45 44 136K 273K 37.48
Current.
APPX 08/06 PreAnn 46.1 +0.2 47.26 54.45 797K 903K 44.77
Buy Not Hit.
ATVI 08/13 Test BO 20.29 +0.29 20.05 23.45 1.4M 2.8M 19.42
Buy Not Issued.
BR 07/11 Test BO 64.32 -1.24 59.94 68.25 3.5M 3.3M 65.01
Trailing Stop.
CELL 08/16 PreSplt 25.65 +0.61 25.55 28.67 221K 368K 24.39
Entered today.
CETV 08/13 PreAnn 51.03 +0.52 51.28 58.95 257K 250K 49.76
Buy Not Hit.
CWTR 08/11 PreAnn 26.72 +0.08 27.88 32.38 480K 712K 26.42
Buy Not Issued.
DADE 07/30 PreSplt 73.5 +0.9 73.66 79.98 420K 500K 72.22
Current.
DNA 06/08 Test 18 88.52 -0.43 81.28 90 2.4M 7.6M 86.21
Current.
DNA 04/28 Test BO 88.52 -0.43 70.42 81 2.4M 8.2M 86.21
Current.
DRIV 08/02 Test BO 38.41 +0.43 38.78 44.42 559K 1.6M 37.72
Current.
ESRX 08/13 Test BO 55.89 +0.39 56.04 63.11 1.3M 1.6M 54.57
Current.
FTO 08/04 Test 50 29.44 -1.67 30.88 35.35 1.5M 1.3M 30.89
Exited.
GENZ 08/11 Test 18 69.01 -0.98 71.49 90.55 2M 4.3M 69.98
Buy Not Hit. The stock has not performed so will drop.
GPN 08/04 PreSplt 66.75 +0.06 67.89 76.42 155K 456K 66.21
Buy Not Issued.
GPRO 08/10 Cup hdl 45.85 +0.05 47.12 54 306K 1.1M 45.95
Buy Not Issued.
GYI 08/16 Test BO 81 -0.12 82.25 92.55 240K 742K 80.69
Buy Not Hit.
HRS 08/04 Test BO 37.2 +0.14 37.45 42.22 1.3M 1M 36.05
Current.
IEX 08/08 Test BO 43.19 -0.02 43.15 48.99 120K 315K 42.72
Current.
IMDC 06/30 Cup 74.72 +0.97 67.38 75.75 410K 900K 73.38
Current.
IR 08/08 PreSplt 78.86 +0.23 80.19 88.42 652K 1.2M 78.48
Current.
JOYG 08/09 Test BO 41.55 -1.13 42.12 48.94 549K 1M 41.81
Current.
KMG 08/16 Test BO 83.48 -1.15 86.48 97.25 2.8M 3.3M 84.15
Buy Not Hit.
LM 08/09 PreAnn 106.64 -0.05 108.71 120.55 702K 1.8M 106.22
Current.
MMSI 07/28 Test 18 17.94 -0.23 17.74 20.44 183K 235K 16.79
Buy Not Issued.
MRVL 07/30 PreAnn 43.45 -0.43 44.07 49.59 3.9M 3.3M 43.55
Exited.
MRVL 07/06 Test BO 43.45 -0.43 41.45 46.72 3.9M 3.8M 43.55
Trailing Stop.
MUR 08/10 Test BO 53.67 -1.23 55.25 60.55 1.9M 1M 54.77
Exited.
PWR 07/22 Rv H&S 10.85 +0.12 10.08 12.12 594K 1M 10.55
Current.
QSII 07/25 Cup hdl 64.26 -3.05 55.78 64.42 609K 604K 66.12
Target Hit.
RESP 07/28 Flat 38.2 +0.3 37.95 43 206K 593K 36.19
Buy Not Issued.
SU 07/25 PreAnn 52.93 -2.37 50.49 56.82 3.4M 1.5M 54.97
Current.
SYK 08/06 Test BO 54.2 +0.45 53.35 59.99 1.1M 2M 52.55
Current.
TALX 08/03 Test BO 34.47 -5.94 41.12 46.72 2.2M 400K 39.15
Buy Not Issued. The stock has not performed so will drop.
TECH 08/13 PreAnn 52.33 -0.16 49.92 56.95 613K 365K 51.11
THQI 08/11 PreSplt 35.14 -0.31 35.88 40.35 382K 1M 34.22
Buy Not Hit.
WC 07/28 Test 50 70.85 -0.21 67.45 75.75 102K 350K 69.89
Current.
WFMI 07/05 PreAnn 132.26 +0.4 122.85 131.38 1.2M 1.3M 131.22
Trailing Stop.
WFMI 06/14 Test BO 132.26 +0.4 118.65 129 1.2M 1.2M 131.22
Trailing Stop.
WFT 07/21 PreAnn 63.64 -1.03 62.12 69.55 3M 3.1M 64.21
Trailing Stop.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
GMR 08/13 Put 35 -0.54 35.99 34 1M 815K 36.42
ISSC 08/13 Put 18.11 +0.49 17.31 16 196K 400K 18.05
Current.
JOSB 08/16 Put 38.57 -1.38 39.85 37.83 606K 300K 40.55
JWN 08/10 Put 34.3 +3.18 32.05 30.01 6.4M 2.8M 32.21
Exited. The one retailer that posted good earnings and rallied
instead of selling off
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 split
|
