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us stock market, trading system
Begin part 2 of 2
THE PLAYS
Good Movers: BOOM; DAKT; GRP; HOLX; ISRG; NBR; NFX; PSYS
New Pre-Split Play:
Play Date: 01/04/2006
CWTR (Coldwater Creek--$31.10; +0.25; optionable): Retail stores, apparel. Splits 3:2 on 1-17-06
http://biz.yahoo.com/p/c/cwtr.html
After Hours: $31.24
STATUS: Test 50 day EMA. Broke out in late November from a 13 week cup with handle, but then wandered laterally and lower all December until coming to rest on the 50 day EMA (30.52). It held there this week and volume has started to bump back up, coming in above average Wednesday as it showed a doji over that support. A leader in retail, looking for a strong move off the 50 day EMA to enter the play.
Volume: 895.054K Avg Volume: 787.791K
BUY POINT: $32.05 Volume=1.2M Target=$38.38 Stop=$30.48
POSITION: UCJ DF - Apr. $30c (60 delta) &/or Stock
http://www.investmenthouse.com/cs/cwtr.html
New Post-Split:
Play Date: 01/04/2006
INFY (Infosys Technologies--$80.37; -0.08; optionable): Technical & system software
http://biz.yahoo.com/p/i/infy.html
After Hours: $80.49
STATUS: Breakout test. INFY is holding the 10 day EMA (80.23), showing a doji at that level Wednesday on a strong volume shot. Shook us out Tuesday as it dipped lower and then recover. A strong leader that looks ready to continue the move after the December breakout from its 22 week base.
Volume: 901.549K Avg Volume: 673.419K
BUY POINT: $81.35 Volume=1M Target=$91.55 Stop=$79.88
POSITION: IUN DP - Apr. $80c (54 delta) &/or Stock
http://www.investmenthouse.com/cs/infy.html
New Pre-Announcements:
Play Date: 01/04/2006
GILD (Gilead Sciences--$55.45; +0.75; optionable): Biotechnology. Forecast 1-25-06.
BACKGROUND: Last announced a 2:1 split on 7-28-05 at $58.26. Prior to that a 2:1 split at $67 on 1-30-02.
http://biz.yahoo.com/p/g/gild.html
After Hours: $56.69
STATUS: Trading range. Bouncing higher the past two sessions on a return to average volume, coming off a test of the 50 day EMA (51.78) and a doji at that level late last week. It is trying to make the breakout from a 7 week lateral range that followed the early November breakout from a 14 week cup with handle base. Solid 3 to 1 accumulation (3 up price weeks on rising volume to 1 down price weeks on rising volume) shows buying during this lateral move. That is setting up the breakout and we want to see the volume continue to move higher GILD shows us the breakout move.
Volume: 4.336M Avg Volume: 4.803M
BUY POINT: $55.85 Volume=7.2M Target=$66.95 Stop=$53.74
POSITION: GDQ EK - May $55c (54 delta) &/or Stock
http://www.investmenthouse.com/cs/gild.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
ABC 12/05 PreSplt 41.98 -0.28 40.92 44.44 1.5M 1.1M 41.11
Current. Pullback tapping 41.65 at the intraday low and rallied back showing a tight doji on lower below average volume. Came off the day's high of 42.48. May test back to 41.48.
AGN 10/27 PreAnn 110.3 +1.18 89.25 102 1.3M 1.2M 107.32
AMHC 12/08 PreAnn 46.44 +0.47 47.34 54.45 277K 511K 45.89
Buy Not Issued. Moving up after testing the 50 day MVA on lower, but strong volume.
AXE 12/27 Test BO 40.61 +0.25 40.35 46.55 221K 526K 39.04
Buy Not Issued. No volume to enter the play. Will let test back.
BOOM 12/21 FlyPlat 33.21 +1.85 32.23 38.62 2.3M 2.1M 30.78
Current. Great move up the 10 day MVA on very strong volume surge.
BOOM 11/30 Test 50 33.21 +1.85 24.75 29.75 2.3M 2.1M 30.78
BRL 12/28 Asc Bse 63.62 +1.15 63.75 72.88 961K 1.1M 61.22
Entered today. Tested the 10 day MVA intraday and rallied back for a nice gain on stronger above average volume. Came off the day's high of 64.65. Continue with the uptrend.
CAKE 12/29 PreAnn 36.87 -0.34 38.42 44.35 1.2M 1M 37.31
Buy Not Hit. The stock has not made the move we were looking for so will drop.
CDIS 01/03 Test BO 39.81 +0.4 39.42 45.55 1.3M 2M 63.22
Current. Continue with the uptrend on average volume.
CETV 12/03 PreAnn 59.03 +0.75 57.75 67.42 428K 228K 57.45
Current. Broke through some resistance at 58 as stock continues to move up the 10 day MVA on strong volume.
CHS 12/03 PreAnn 42.02 -1.16 45.05 53.95 3.3M 2.5M 43.98
Exited.
CHS 10/10 DB hdl 42.02 -1.16 39.34 46.95 3.3M 2.9M 43.98
Trailing Stop.
CLE 12/13 Test 18 29.73 +0.53 28.55 33.25 852K 750K 29
Current.
COF 12/27 PreAnn 86.42 -0.56 88.15 99.65 1.7M 3M 86.15
Buy Not Hit.
CRDN 12/19 Test 50 44.92 -0.18 44.75 51.95 617K 1.1M 41.62
Buy Not Issued. Pullback testing the 10 day MVA intraday on slightly below average volume. May continue to pullback to 44.68.
DAKT 12/17 PreAnn 30.13 +1.42 30 34.45 103K 150K 28.81
Current. Bounced off the 18 day MVA for a nice gain on rising, but average volume. Moving up after testing the breakout.
DRI 12/29 PreAnn 39.14 +0.65 39.55 45.48 1.4M 1.3M 37.94
Buy Not Hit.
GRP 01/03 Test BO 48.16 +1.12 45.51 52.95 2.3M 1.7M 45.38
Current. Tapped 45.95 at the intraday low and rallied back for a nice gain on stronger above average volume making an all time high.
HITK 12/15 PreSplt 44.2 +0.04 44.22 51.95 108K 249K 43.18
Current. Tapped 43.38 at the intraday low and rallied back holding the 10 day MVA on low volume. Beginning to make a lateral move along the 10 day MVA.
HOLX 12/19 DB hdl 38.28 +1.73 39.33 45.85 1.6M 1.2M 37.55
Current. Nice move up holding the 10 day MVA on lower, but strong volume. Moving up after testing the 50 day MVA.
HYSL 10/25 Cup hdl 35.55 -0.45 34.56 53.38 1.5M 874K 35.08
Current. Pullback tapping 35.30 at the intraday low and rallied back holding just above the 18 day MVA on strong volume. May test back to 18 day MVA (35.45)
ISRG 12/19 Test 18 122.06 +6.26 116.25 126 1.2M 1.2M 117
Bounced off the 18 day MVA for a nice gain on lower, but strong volume. Meeting some resistance at 123.19.
JEC 12/10 PreAnn 69.31 +0.3 66.75 75.95 329K 610K 64.45
Buy Not Issued.
JWN 12/29 DB hdl 37.67 -0.05 38.21 43.95 2.2M 3.2M 37.08
Buy Not Hit.
LCAV 12/15 PreAnn 47.76 +0.08 50.05 59.95 379K 1M 47.65
Buy Not Issued.
LOW 12/15 PreAnn 66.24 -0.83 68.15 78.65 4.5M 6M 65.95
Buy Not Hit. The stock has not made the move we were looking for so will drop.
LUFK 12/28 Test BO 51.71 +0.37 51.77 59.55 217K 376K 49.89
Buy Not Issued. Tapped 49.93 at the intraday and rallied back showing a tight doji on average volume. Still in the pattern.
LUK 11/07 Cup hdl 47.95 +0.4 44.86 52.95 298K 396K 46.32
Current. Tested the 10 day MVA intraday and rallied back holding at some resistance on slightly above average volume.
MATR 12/13 PreAnn 40.33 +1.89 38.89 44.68 323K 392K 37.38
Buy Not Issued. Pushing past some resistance at 40. If it can hold
that move Thursday we will start the play.
MRVL 01/03 PreAnn 57.82 -0.35 58.65 66.95 3.3M 4.5M 56.95
Buy Not Issued. Pullback testing the 10 day MVA intraday and rallied back on below average volume. May continue to test back to 10 day MVA (57.49)
NBR 01/03 PreSplt 79.4 +0.95 79.26 88.95 2.4M 2.5M 76.97
Entered today. Tested the 10 day MVA intraday and rallied back on average volume making a 52 week high.
NFX 01/03 Test BO 53.47 +1.35 52.35 60.35 1.6M 2.1M 50.21
PCP 12/08 Cup hdl 53.02 +0.12 53.05 60.88 630K 1.3M 51.89
Entered today.
PPDI 12/20 PreAnn 62.59 -0.35 62.34 72.95 515K 621K 61.11
Current.
PSYS 11/08 PreSplt 63.06 +4.73 58.84 65.96 1.1M 610K 61.45
Current.
RJF 12/17 PreAnn 39.07 +0.57 38.38 44.45 454K 439K 38.04
Current.
SNDK 12/20 DB hdl 67.78 +0.08 60.69 72.38 15M 20M 65.88
Current. Tapped 66.41 at the intraday low and rallied back on lower, but above average volume. Continue with uptrend.
SU 01/03 PreAnn 66.18 +0.65 64.88 73.95 2M 3.5M 63.72
Current.
SWN 12/22 Asc Tri 38.03 +0.46 37.92 45.55 3.3M 8M 35.88
Buy Not Issued. Tested the 10 day MVA intraday and rallied back on rising, but below average volume. Volume not there to enter the play.
TKC 12/29 DB hdl 16.07 +0.24 15.88 19 296K 475K 15.21
Buy Not Issued. Gapped up on low volume. Volume not there to enter the play.
UPL 01/03 PreAnn 58.2 +0.15 58.57 69.95 1.4M 3M 56.15
Buy Not Issued.
XTO 01/03 PreAnn 45.31 -0.34 46.08 52.99 4.7M 5.2M 44.62
Buy Not Hit.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
COHR 12/27 Put 30.01 +0.03 29.35 27.61 123K 150K 30.22
Current. Bounced tapping 30.37 at the intraday high (18 day MVA), but gave it back to hold the 10 day MVA on below average volume. Should hold here.
SLXP 12/27 Put 18.23 +0.75 17.45 16.05 483K 400K 17.78
Buy Not Issued. Bounced on lower, but strong volume holding the simple 50 day MVA. Came off the day's high of 18.36. May continue to test up to 50 day MVA (18.36)
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
trading system
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