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us stock market, stock watch
Begin part 2 of 2
THE PLAYS:
Good movers: Many. ADSK; BJS; CELL; DNA; FLO; FTO; HRS; JEC; JOYG; LAF; LLL; LSS; MINI; NBL; PCZ; SYK; TECH; WFT; WTW
New Leader Play:
Play Date: 08/31/2005
MDT (Medtronic--$57; +1.05; optionable): Medical appliances
http://biz.yahoo.com/p/m/mdt.html
After Hours: $56.99
STATUS: Breakout test. Nice test of the breakout from a 22 week cup with handle base that formed using the 200 day SMA (52.09) as support. It broke out in mid-August and rallied to 58. It made a quick test of the 18 day EMA (55.60) on the Tuesday low and then rebounding on strong volume. Strong 8 to 3 accumulation in the base (8 up price weeks on rising volume to 3 down price weeks on rising volume) shows plenty of buying to support the breakout and run higher. Nice test and good volume jump higher Wednesday. Ready to move in as it breaks through the recent highs at 30.
Volume: 4.031M Avg Volume: 3.433M
BUY POINT: $57.21 Volume=4.2M Target=$64.35 Stop=$55.95
POSITION: MDT KK - Nov. $55c (66 delta) &/or Stock
http://www.investmenthouse.com/cs/mdt.html
New Pre-Announcement Play:
Play Date: 08/31/2005
GENZ (Genzyme--$71.17; +1.68; optionable): Biotechnology
http://biz.yahoo.com/p/g/genz.html
After Hours: $71.17
STATUS: Test 50 day EMA. GENZ broke out in mid-July on a massive surge higher from 60 to 75. It has spent all of August testing that move, making an orderly slide back to the 50 day EMA (68.12) on low, below average volume. Volume started to kick higher this week, and Wednesday it moved up to average as GENZ jumped higher off the 50 day. Strong money flow is leading the way higher and we are ready to move in as GENZ continues the move higher.
Volume: 2.678M Avg Volume: 2.749M
BUY POINT: $71.77 Volume=3.5M Target=$80 Stop=$69.84
POSITION: GZQ AN - Jan. $70c (55 delta) &/or Stock
http://www.investmenthouse.com/cs/genz.html
CONTINUING PLAYS
* * SPREADSHEET DOWNLOAD * * *
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http://stocksplits.net/ssr/table.php
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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 Test BO 46.89 +0.32 46.92 53.95 14M 29M 45.25
Current. Tapped 46.27 at the intraday low and rallied back showing a tight doji on lower below average volume. Moving up after testing the 18 day MVA.
ADSK 08/04 Dbl btm 43.2 +1.43 37.62 43.38 3.3M 2.7M 42.25
Current. Nice move, hitting the target late in the session.
Decided to let it move up some more on Thursday if
it will, then will look at taking part of the gain.
AMHC 08/25 PreAnn 43.7 +0.16 44.44 51 255K 578K 42.77
Buy Not Hit.
AMX 08/04 Test BO 22 +0.26 22.21 25.55 3.2M 5M 21.54
Buy Not Issued. Bounced holding the 18 day MVA on above average volume. Looking ready to bounce.
ANSI 08/09 PreAnn 51.49 +0.17 51.45 60.78 256K 600K 49.65
Buy Not Issued. Tapped 50.82 at the intraday low and rallied back showing a tight doji on low volume. Beginning to make a lateral move along the 10 day MVA
ATVI 08/13 Test BO 22.35 +1.01 20.05 23.45 2M 2.8M 19.42
Buy Not Issued. Gave us that low volume melt up the past week that
makes it very hard to enter the play. Now we have to
let it go and look for another opportunity to get into
the stock.
BJS 08/25 PreSplt 63.08 +1.22 61.24 67.31 2.5M 2.4M 61.88
Current.
CELL 08/16 PreSplt 28.66 +0.82 25.55 28.67 208K 368K 26.98
Current.
CETV 08/13 PreAnn 54.36 -0.47 51.28 58.95 68K 250K 52.44
CHRW 08/25 PreAnn 61.75 +1.29 61.33 68.95 522K 765K 59.65
Buy Not Issued.
CMVT 08/20 Test BO 25.78 +0.08 26.32 29.95 2.1M 2.1M 25.55
Buy Not Issued. Tapped 25.38 at the intraday low and rallied back showing a odji on stronger above average volume. Doji may indicate a change in pattern. Should be ready to bounce from here.
CWTR 08/11 PreAnn 30.65 -0.09 27.88 32.38 644K 712K 30.32
DADE 07/30 PreSplt 36.59 +0.86 36.83 39.99 660K 500K 35.97
Current. Nice move up on strong volume. Did come off the day's high of 36.97. Moving up after testing the 50 day MVA.
DNA 06/08 Test 18 93.94 +2.85 81.28 90 5.8M 7.6M 89.71
Current. Tested the 10 day MVA intraday and rallied back for a nice gain on stronger above average volume making a 52 week high.
DNA 04/28 Test BO 93.94 +2.85 70.42 81 5.8M 8.2M 89.71
Current.
ESRX 08/13 Test BO 57.86 +0.67 56.04 63.11 2M 1.6M 56.33
Current. Tapped 55.79 at the intraday low and rallied back on stronger above average volume. Meeting some resistance here.
FLO 08/29 Test 18 27.23 +0.42 27.21 31.81 444K 300K 26.17
Entered today.
FTO 08/24 Asc Tri 36.65 +1.96 33.02 38.39 2.8M 1.5M 35.55
Current. Gapped up for a great move on excellent volume surge.
GYI 08/16 Test BO 85.59 +0.38 82.69 92.92 508K 742K 82.62
Current. Continue with the uptrend on average volume.
HRS 08/04 Test BO 38.61 +1.12 37.45 42.22 1M 1M 37.29
Current.
JAH 08/18 Test 50 39.69 +1.23 38.75 43.68 1M 959K 36.04
Continue with the uptrend on stronger above average volume.
JEC 08/31 Test 50 62.4 +4.23 62.15 69.95 1.5M 750K 59.89
Entered today. Explosive move on excellent volume surge.
JOYG 08/09 Test BO 48.08 +3.08 42.12 48.94 7.5M 1M 47.15
Target Hit. Exploded higher once more with the anticipated reconstruction after Katrina.
KMG 08/16 Test BO 88.03 +1.02 87.28 97.95 1.7M 3.3M 86.11
Current.
LAF 08/31 Test 50 68.95 +3.29 68.65 75 671K 390K 66.55
Entered today. This is a stock on our stock split watch list, & it
took off Wednesday w/other building materials stocks
(cement). Nice test of the July breakout, shooting off
the 50 day EMA.
LLL 08/17 PreAnn 81.88 +1.56 81.07 90.95 789K 1.2M 79.92
Current.
LM 08/09 PreAnn 104.53 +0.71 108.71 120.55 872K 1.8M 106.22
Current.
LSS 08/27 Test 50 55.3 +2.82 52.41 59.97 947K 800K 54.29
Current.
MINI 08/23 Test 50 41.92 +1.17 40.91 46.95 264K 150K 40.35
Current. Bounced off the 18 day MVA for a great move on excellent volume surge.
MRVL 08/18 PreAnn 47.19 +0.12 43.48 49.45 3.5M 3.3M 44.65
Current.
MSCC 08/17 Test BO 24.09 +0.52 23.54 27 630K 900K 22.29
Buy Not Issued. Tempted us but the volume was just not there to really show us a breakaway, and it has been low for the prior two weeks.
NBL 08/25 PreSplt 88.14 +2.81 85.88 93.98 946K 1.3M 86.55
Current.
PCZ 08/30 PreSplt 80.7 +2.76 79.56 88.75 450K 290K 77.71
Entered today. Bounced off the 10 day MVA for an excellent move on very strong volume.
RECN 08/30 Test BO 29 +0.52 28.75 32.97 374K 850K 27.97
Buy Not Issued.
RESP 08/27 Test BO 39.16 +0.35 39.48 44.95 422K 525K 38.21
Buy Not Hit. Tested the 18 day MVA intraday and rallied back on stronger above average volume. Meeting some resistance here. Looking good.
RMD 08/29 PreSplt 72.34 +0.76 72.33 79.95 242K 350K 70.65
Entered today. Tapped 70.72 at the intraday low and rallied back on below average volume. Moving up after testing the breakout.
RS 08/27 PreAnn 48 +0.41 48.25 54.95 236K 406K 47.15
Buy Not Issued.
SMH 08/22 Test 50 36.98 +0.33 37.05 41.38 21M 21M 36
Current. Continue to move up after testing the 50 day MVA on good volume.
SNDK 08/23 Test 18 38.83 +0.07 35.62 40.96 6.7M 520K 37.75
Current. Showing a doji on stronger above average volume. Doji may indicate that stock will continue its uptrend.
SYK 08/06 Test BO 54.55 +1 53.35 59.99 1.3M 2M 53.29
Current.
TECH 08/13 PreAnn 56.97 +1.84 49.92 56.95 993K 365K 55.25
Hit the target and still running.
THQI 08/30 Test 50 33.61 +0.13 33.88 38.92 856K 1.1M 33.05
Buy Not Hit.
USNA 08/20 PreAnn 52 +0.95 50.22 57.21 262K 300K 49.46
Current.
USPI 08/23 Asc Bse 38.31 +0.22 39.08 43.96 395K 550K 37.68
Buy Not Issued.
VIVO 08/18 PreSplt 25.5 +0.43 25.65 30.75 77K 187K 24.22
Buy Not Issued. Tapped 24.53 at the intraday low and rallied back on low volume. Meeting resistance here.
WC 07/28 Test 50 71.1 +0.7 67.45 75.75 179K 350K 69.89
Current.
WFT 08/27 PreAnn 67.71 +1.74 65.27 73.45 3.5M 3M 66.65
Current.
WTW 08/30 PreAnn 56.61 +1.91 55.98 62.85 766K 712K 55.57
Entered today.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
HRB 08/20 Put 26.95 +0.2 27.43 26.41 2.8M 1.1M 26.89
Current. Bounced on stronger volume. May continue to test up to the 10 day MVA (27.30)
ISSC 08/13 Put 16.87 -0.21 17.31 16 278K 400K 17.39
Current. Continue to move down the 10 day MVA on rising volume.
OSUR 08/30 Put 9.27 +0.28 8.91 8.09 406K 650K 9.21
Buy Not Issued. Rallied on rising volume. May continue to test up to 9.43
YHOO 08/27 Put 33.32 +0.14 33.38 31.88 13M 17M 33.62
Current. Bounce on below average volume. May test up to 33.48.
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
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