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THE PLAYS

Good movers: CSH; GME; MDRX; NGA; NOVN

Monday night play results:
AMX: Volume was up as AMX bumped its head against the breakout point.
BID: Gapped higher on continued volume but closed flat.
BMRN: Now volume as BMRN posted a modest gain.
GRMN: Held flat for the day on low volume. Down some after hours.

New Plays:

Upside:

Play Date: 07/25/2006
ASH (Ashland--$66.40; +0.60; optionable): Chemicals, construction, Valvoline oil
http://biz.yahoo.com/p/a/ash.html
Earnings: 7-26-06 during.
STATUS: Cup w/handle. Volume is jumping this week as ASH works in the 4 week handle to its 13 week base, holding above the 50 day EMA (64.90) as it worked laterally and set up the breakout. Solid 5 to 3 accumulation shows steady buying during the base. Looking for a solid move higher on more good volume whether before or after earnings.
Volume: 1.286M Avg Volume: 937.111K
BUY POINT: $67.85 Volume=1.4M Target=$78.00 Stop=$64.85
POSITION: ASH JM - Oct. $65c (58 delta) &/or Stock
http://www.investmenthouse.com/cd/ash.html

Play Date: 07/25/2006
COL (Rockwell-Collins--$55.85; +1.07; optionable): Aerospace/defense equipment
http://biz.yahoo.com/p/c/col.html
Earnings: 7-26-06 after the close.
STATUS: Cup w/handle. Nice 12 week base has set up as COL consolidates for a new all-time high. Solid price move Tuesday as volume moved higher but was still below average. Money flow is rallying up ahead of price complements positive accumulation. Strong fundamentals growth rate along with a solid technical pattern. Good volume kicking up the past week as it tests and heads toward the breakout. Looks solid.
Volume: 769.3K Avg Volume: 860.866K
BUY POINT: $56.55 Volume=1.3M Target=$65.00 Stop=$54.45
POSITION: COL JK - Oct. $55c (57 delta) &/or Stock
http://www.investmenthouse.com/cd/col.html

Play Date: 07/25/2006
DLLR (Dollar Financial--$19.76; +0.91; no options): Financial services to lower income, middle income individuals
http://biz.yahoo.com/p/d/dllr.html
Earnings: Early August
After Hours: $20.00
STATUS: Ascending base. Volume jumped as DLLR started the breakout from its 11 week base formed along the 50 day EMA (18.20). A new issued in February 2005, this is DLLR's third base and it looks very good as it breaks higher for a new high. Relative strength broke out on the move, a very good indication the break is a solid one. Looking to move in as DLLR continues higher. Solid fundamentals to go along with its nice pattern.
Volume: 500.561K Avg Volume: 177.472K
BUY POINT: $19.95 Volume=250K Target=$23.95 Stop=$18.55
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cd/dllr.html


SUBSCRIBER PORTFOLIO: These are stocks subscribers suggest by vote that we put in a portfolio to track and move into the stocks if they perform well. If you have any suggestions for additions or deletions, email us. We don't cover them all each report, just when something interesting is developing.

AAPL, AKAM, CCJ, CELG, FLR, GME, MGPI, MRVL, NVDA, SGMS, WM

AAPL: Continues its gradual rise, now bumping up against the January/May down trendline, showing a pair of dojis the past two sessions on very low, below average volume. May have to back and fill some here after that gap higher last week.

CELG: Nice break to a new all-time high.

GME: Nice volume, back up to average as GME made a higher low and moved back up to the 50 day EMA.

MRVL: Split 2:1 Tuesday.

NVDA: Continued higher, clearing last week's high and cracking some resistance at 20. Money flow is leading higher. Showing some promise.

Good Investing!
Jon L. Johnson and The Daily 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.


stock split
stock recommendation