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us stock market, trading system
Begin part 2 of 2
Full report issues Tuesday.
THE PLAYS:
Good Movers: AAPL; CNQ; CRM; DBRN; FTO; JEC; NOV; QSII; SLB; SWN; XTO
PRE-ANNOUNCEMENT PLAYS
Play Date: 01/30/2006
AAPL (Apple Computer--$75; +2.97; optionable): iPods, computers. Forecast to announce a split on 2-10-06
BACKGROUND: Last announced a 2:1 split on 2-11-05 at $78.40.
http://biz.yahoo.com/p/a/aapl.html
After Hours: $75.26
STATUS: Test 50 day EMA. Sold back the past two weeks when earnings could not live up to the hype around the stock. It came back to the 50 day EMA (72.61) then rebounded through that level Monday on the strongest volume in two weeks. It tapped the 18 day EMA (76.34) on the high and then faded to give back some of the rebound but not much. Looking for another strong move higher through that resistance level and give us the next entry point.
Volume: 49.661M Avg Volume: 27.34M
BUY POINT: $76.45 Volume=30M Target=$90 Stop=$74.87
POSITION: QAA DO - Apr. $75c (53 delta) or QAA GP - July $80c (48 delta) &/or Stock
http://www.investmenthouse.com/cs/aapl.html
Play Date: 01/30/2006
CHS (Chicos Fas--$43.76; +1.56; optionable): Apparel stores. Researching the next date.
http://biz.yahoo.com/p/c/chs.html
STATUS: Test 50 day EMA. After an early November breakout from a 12 week double bottom with handle base, CHS rallied for three weeks but could not extend its move. It peaked at 46 and then fell into the current 10 week pullback to test the 50 day EMA (42.90) and support at 42. It ahs been a long, slow consolidation, but Monday CHS jumped back to life, bouncing off 42 on the strongest volume in three weeks. Looking for CHS to move through the next resistance level in the base to start the play. After that we will look for a test of the breakout over 46. Solid, steady market leader.
Volume: 3.187M Avg Volume: 1.918M
BUY POINT: $44.75 Volume=2.9M Target=$52.95 Stop=$42.84
POSITION: CHS EI - May $45c (50 delta) &/or Stock
http://www.investmenthouse.com/cs/chs.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 01/07 PreAnn 75 +2.97 77.37 92 50M 30M 83.48
Current. Reached up and tapped the 18 EMA (76.35) on the high
and faded some. Solid trade. On a move over that level
on this kind of trade (49M Monday), looking to add
positions.
AGN 01/21 PreAnn 115.78 +1.46 113.39 125 787K 2M 111.42
Buy Not Issued.
AGN 10/27 PreAnn 115.78 +1.46 89.25 102 787K 1.2M 111.89
ATW 01/26 PreAnn 100.68 +2.55 98.11 110.35 584K 546K 97.48
Current.
BIO 01/28 PreAnn 66.88 -1.09 68.48 78.85 58K 115K 65.88
Buy Not Hit.
BOOM 12/21 FlyPlat 37.26 +0.44 32.23 38.62 709K 2.1M 35.04
Current. Continue with the uptrend on lower below average volume. Came off the day's high of 38.49.
BOOM 11/30 Test 50 37.26 +0.44 24.75 29.75 709K 2.1M 35.04
CELG 01/17 PreSplt 69.97 -0.74 68.55 78.85 2M 3.2M 68.45
CELL 01/17 Cup hdl 22.56 +0.26 20.83 24.94 680K 1.3M 22.05
Current.
CLF 01/14 PreAnn 105.49 -0.42 98.12 110 380K 799K 104.25
Current.
CNQ 01/28 PreAnn 62.03 +2.09 61.05 71.95 869K 1.2M 59.89
Entered today.
CRDN 12/19 Test 50 58.28 +0.65 46.47 53.95 686K 1.1M 56.55
Current. Continue with uptrend. Came off the day's high of 59.73
CRM 01/10 Test BO 42.65 +1.05 38.96 45.95 1.6M 2.4M 40.57
Current. Another nice move up the 10 day MVA on rising, but below average volume. Broke through some resistance at 42.
CTSH 01/07 PreAnn 51.49 +0.59 52.15 59.98 1.3M 2M 50.89
Current.
DAKT 12/17 PreAnn 31.06 -0.46 30 34.45 101K 150K 30.95
Current. Pullback holding the 18 day MVA on rising, but below average volume. May pullback to 30.84.
DBRN 01/21 PreAnn 45.87 +1.34 42.72 49.55 861K 1.1M 43.88
Current.
DIOD 01/26 Test 18 35.08 -0.16 35.65 41.85 332K 518K 34.55
Current.
DRI 12/29 PreAnn 40.69 -0.34 40.35 46.48 843K 1.3M 39.52
Current.
DTAS 01/23 Test 50 12.98 +0.17 13.91 16.77 1.8M 1.2M 12.82
Current. Recovered the 50 day EMA (12.92) after Friday gap lower,
so we let it go to see if it would continue on up toward
13.40 or beyond.
DVA 01/24 PreAnn 55.03 +0.13 56.21 64.75 732K 816K 54.25
Buy Not Hit.
EOG 01/07 PreAnn 83.42 +3.03 79.25 91.45 2.7M 4.5M 82.44
ESRX 01/27 Flat 91.65 -0.77 92.24 103.45 1.3M 3.3M 88.65
Current.
FTO 01/12 PreAnn 46.99 +1.94 46.18 54.55 1.4M 2M 43.91
Entered today.
GIL 01/21 PreAnn 47.96 +0.54 45.95 53.85 218K 207K 44.12
Buy Not Issued.
GILD 01/04 PreAnn 57.9 -1.84 56.58 66.95 6.9M 7.2M 57.95
Current. Sold to tap the 18 day EMA (57.45) on intraday low.
After hrs was trading to 56 but rebounding.
GVA 01/28 PreAnn 40.6 +0.04 41.11 48.88 398K 337K 39.54
Buy Not Hit.
HAL 01/17 PreAnn 80.86 +1.93 71.93 82.89 11M 8M 78.12
Current. Big gap up at the open showing a doji on lower, but strong volume. Came off the days' high of 82.39.
HOC 01/26 PreAnn 73.35 +3 70.32 82 347K 350K 71
Great move up the 10 day MVA on stronger above average volume.
HOLX 12/19 DB hdl 50.82 -1.13 39.33 45.85 941K 1.2M 49.89
Current. Pullback on average volume. May pullback holding the 50.
ISRG 12/19 Test 18 135.98 +0.05 116.25 126 974K 1.2M 131.55
Tapped 139.50 at the intraday high, but gave it back on stronger above average volume. Still in uptrend.
JCOM 01/11 DB hdl 48.32 +0.21 49.12 56.55 182K 769K 47.04
Current.
JEC 12/10 PreAnn 82.78 +2.55 66.75 75.95 814K 610K 80.55
KWK 01/19 Cup hdl 46.43 +2.13 46.88 55 1.1M 1.6M 44.68
Current.
LCAV 12/15 PreAnn 55.42 +0.85 50.28 61.32 324K 1M 52.65
Current.
LM 01/26 PreAnn 130.75 -2.83 132.95 149.95 639K 1.4M 129.21
Buy Not Issued.
MATR 12/13 PreAnn 42 +0.38 41.36 46.98 76K 392K 40.65
Current.
MRVL 01/14 PreAnn 68.89 -1.75 66.04 76.75 4.3M 6.1M 68.22
Current. Pullback on much lower, but average volume. Testing the breakout. May test back to 66.85
MRVL 01/03 PreAnn 68.89 -1.75 58.97 66.95 4.3M 4.5M 68.22
Current.
MSCC 01/05 Test BO 30.26 +0.27 29.14 33.95 761K 900K 29.48
Current. Tapped 29.71 at the intraday low and rallied back on lower below average volume breaking through some resistance at 30.
NIHD 01/12 Test 18 49.3 -0.49 47.21 55.95 1M 2.1M 48.44
Current. Pullback on below average volume. May continue to test back to 48.55 (10 day MVA)
NOV 01/05 PreAnn 76.54 +4.02 69.37 79.45 2.3M 3M 74.38
Current.
PPDI 01/19 PreAnn 68.2 +0.59 64.88 74.65 307K 561K 66.89
PSYS 01/24 Test BO 32.48 -0.32 33.22 38.95 431K 800K 31.77
Buy Not Issued.
QSII 01/28 PreAnn 85.79 +3.79 85.75 99.95 399K 400K 83.55
Entered today.
RIO 01/19 PreAnn 50.01 +0.21 49.31 56.95 4.5M 2.8M 48.02
Current. Gapped up at the open, but gave some of it back on stronger above average volume. Meeting some resistance here.
RJF 01/21 PreAnn 41.75 -0.16 40.15 45.57 661K 427K 40.89
Current.
SLB 01/26 PreSplt 130.65 +3.28 127.11 137 8.1M 7M 128.25
Current. Nice move up the 10 day MVA on strong volume.
SNDK 01/14 Test BO 66.29 +2.91 73.72 89.45 18M 21M 71.55
Current. Bounced off the 50 day MVA on lower, but above average volume. Looking for stock to continue to rebound off 50 day MVA.
SNDK 12/20 DB hdl 66.29 +2.91 60.69 72.38 18M 20M 71.55
Current.
SRZ 01/23 Cup 36.35 -0.02 36.25 41.95 160K 565K 34.98
Buy Not Issued. Pullback tapping 36.04 at the intraday low and rallied back on low volume. May test back to 36.
STT 01/25 Asc Bse 60.25 +0.4 61.11 70.32 1.7M 1.6M 58.48
Current. Moving up on average volume. Came off the day's high of 60.97
SU 01/03 PreAnn 79.29 +0.56 64.88 73.95 4M 3.5M 77.48
Current.
SWN 12/22 Asc Tri 42.45 +1.55 37.92 45.55 1.7M 8M 41.45
Bounced off the 10 day MVA for a nice gain on low volume. Moving up after testing the 18 day MVA.
TECH 01/09 PreAnn 59.9 +0.1 59.84 69.95 197K 379K 58.87
Current. Moving up on rising volume holding at some resistance at 60.
TKC 01/28 Test BO 17.15 +0.42 16.89 20.98 206K 630K 16.11
Buy Not Issued. Big gap higher but closed well off the high and volume was low. Letting it make a test of this move and then
see if volume comes back on the rebound. Looks good
after this pullback.
TLM 01/28 PreAnn 61.36 +0.85 60.97 71.95 1.1M 1.7M 59.72
Entered today.
TRID 01/24 Test BO 26.47 +0.11 22.88 27 1.2M 2.2M 24.25
Continue with the uptrend on low volume.
UPL 01/26 PreAnn 67.7 +2.2 66.65 76.65 1.3M 2M 64.78
Buy Not Issued.
UPL 01/03 PreAnn 67.7 +2.2 58.57 69.95 1.3M 3M 67.11
VIVO 01/19 Test BO 24.17 -0.24 25.74 30.35 423K 400K 24.02
Current. Tapped 22.59 at the intraday low and made a fierce rally back on stronger above average volume. Shaking out the sellers.
WFT 01/25 Test BO 45.05 +0.52 43.25 49.95 3.7M 5.5M 42.48
Current. Showing a doji on average volume. Doji may indicate stock is ready to test back.
WRES 01/12 Cup hdl 17.5 -0.1 17.73 21.38 347K 676K 16.88
Current. Tapped 18.19 at the intraday high, but gave it back holding the 10 day MVA on rising, but average volume.
XTO 01/03 PreAnn 49.45 +1.46 46.08 52.99 4.2M 5.2M 47.55
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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