|
|
trade stock, stock symbol
Begin part 3 of 3
THE PLAYS
Good movers: BCSI; BIDU; CMCO; CMI; DWSN; EDU; FCX; GOOG; GPOR; GRMN; HURN; MR; MTOX; PPL; RIG; SLB; SPWR; TRA; WNR
New Plays:
Upside:
Play Date: 07/02/2007
DVR (Cal Dive Intl.--$16.90; +0.27; optionable): Oil and gas service company
http://biz.yahoo.com/p/d/dvr.html
EARNINGS: Announced 5-2-07
STATUS: Breakout test. A new re-issue in December 2006. We used to trade DVR under its old symbol but who cares what it is? The pattern is solid. It blasted out of a 3.5 month flat base in early April then formed a 9 week cup with handle and gapped out of that in mid-June. It has come back the past two weeks to fill the gap, holding the 18 day EMA (16.58) on lower volume. Excellent action and money flow is moving higher ahead of price. Very nice. Ready to move in as DVR resumes the move higher.
Volume: 423.6K Avg Volume: 548.002K
BUY POINT: $17.15 Volume=825K Target=$20.65 Stop=$16.21
POSITION: DVR JW - Oct. $17.50c (49 delta, low OI) &/or Stock
http://www.investmenthouse.com/cd/dvr.html
Play Date: 07/02/2007
ESV (Ensco Intl.--$62.99; +1.98; optionable): Oil and gas drilling
http://biz.yahoo.com/p/e/esv.html
EARNINGS: 7-24-07
STATUS: Ascending base. ESV is working toward the breakout from a 5 week base, bumping up against the high Monday, looking for the breakout move. This consolidates the late April break higher from a much larger 12 month base. Excellent action. Ready to move in as ESV makes the break higher.
Volume: 2.746M Avg Volume: 2.882M
BUY POINT: $63.38 Volume=4.3M Target=$72.95 Stop=$59.45
POSITION: ESV IL - Sept. $60c (68 delta) or ESV LM - Dec. $65c (45 delta) &/or Stock
http://www.investmenthouse.com/cd/esv.html
Play Date: 07/02/2007
SMSC (Standard Microsystems--$36.32; +1.98; optionable): Semiconductor integrated circuits
http://biz.yahoo.com/p/s/smsc.html
EARNINGS: Announced 6-27-07
STATUS: Test breakout. SMSC surged out of a nicely formed 10 week reverse head and shoulders in late June on the earnings announcement, blasting higher on strong, strong volume. It made a quick test, and then was back on the move higher on a return to higher volume. Excellent (seem to be saying that quite a bit tonight). Ready to move in as SMSC continues the move higher.
Volume: 477.062K Avg Volume: 282.44K
BUY POINT: $36.58 Volume=300K Target=$43.95 Stop=$34.02
POSITION: SMQ JG - Oct. $35c (64 delta) &/or Stock
http://www.investmenthouse.com/cd/smsc.html
Play Date: 07/02/2007
ZOLT (Zoltek Companies--$43.35; +1.82; optionable): Industrial electrical equipment
http://biz.yahoo.com/p/z/zolt.html
EARNINGS: 8-9-07
STATUS: Breakout test. ZOLT has formed a short 3 week reverse head and shoulders base as it consolidates the mid-June breakout from a 10 week base. A good series of bases here, the initial one being a 10 month double bottom with handle base. Really great trend in place and this short base has set the stage for a 9 year high. Excellent money flow is leading higher. Very nice.
Volume: 590.277K Avg Volume: 765.267K
BUY POINT: $43.68 Volume=1.2M Target=$51.95 Stop=$41.21
POSITION: LVQ LH - Dec. $40c (69 delta) &/or Stock
http://www.investmenthouse.com/cd/zolt.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, CELG, EDU, GME, GOOG, MA, PCLN, NVDA, VLO
AAPL: Still set to move higher, showing another doji at the 18 day EMA.
EDU: Making a great break higher on continued above average volume.
GME: Very nice set up to make the next breakout.
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.
|
trade stock
stock symbol
|
