|
|
stock recommendation, stock investment information
Begin part 3 of 3
2 Downside plays added:
THE PLAYS
Upside:
Play Date: 10/30/2007
AMT (American Tower--$44.95; -1.39; optionable): Cell towers
http://biz.yahoo.com/p/a/amt.html
EARNING: 11-7-07
STATUS: Test breakout. Nice surge the past week as AMT broke higher off the 50 day EMA that formed the bottom of the handle to its 13 week double bottom with handle base. Strong volume on the break higher and then Tuesday it fell rather sharply, but after such a move it was not bad at all given the nice drop in volume as it faded back. May come back a bit more and test toward the 10 day EMA (44.22), but we want to be ready to move in if it puts on the breaks here and starts upside again, say on a positive FOMC decision.
Volume: 2.615M Avg Volume: 2.946M
BUY POINT: $45.12 Volume=3M Target=$51.95 Stop=$43.94
POSITION: AMT AI - Jan. $45c (54 delta) &/or Stock
http://www.investmenthouse.com/ci/amt.html
Play Date: 10/30/2007
MA (MasterCard--$157.15; -0.20; optionable): Credit services
http://biz.yahoo.com/p/m/ma.html
EARNINGS: 10-31-07 before the open
STATUS: Cup w/handle. MA bounced off the 50 day EMA last week, putting in the low in its handle to the 15 week base. It is holding the 18 day EMA (153.87) and making a higher low, preparing for the breakout move. Nice volume Tuesday as it moved up to average as it tested and rebounded. Looking for the next break higher to move into the play. Earnings are before the open and of course they will need to be good and then we want to see how it holds in the FOMC aftermath.
Volume: 3.076M Avg Volume: 3.575M
BUY POINT: $158.55 Volume=5M Target=$189.95 Stop=$153.65
POSITION: MAL AL - Jan. $160c (51 delta)
http://www.investmenthouse.com/ci/ma.html
Play Date: 10/30/2007
PCLN (Priceline.com--$88.70; -2.48; optionable): Internet travel
http://biz.yahoo.com/p/p/pcln.html
EARNINGS: 11-8-07
STATUS: Test 50 day EMA. PCLN tested the 50 day EMA (now at 85.78) in early August and then ran higher up the 18 day EMA (89.55). It came back to test the 50 day again the past week after a 3 week test. Monday it bounced on strong, above average volume, Tuesday it tested on very low volume. Looking for it to continue back up from here and give us the buy as it resumes the move.
Volume: 614.61K Avg Volume: 1.193M
BUY POINT: $90.12 Volume=1.2M Target=$99.95 Stop=$87.78
POSITION: PUZ AR - Jan. $90c (52 delta) &/or Stock
http://www.investmenthouse.com/ci/pcln.html
Play Date: 10/30/2007
SPIL (Siliconware Precision--$11.98; -0.18; optionable): Chip equipment
http://biz.yahoo.com/p/s/spil.html
EARNINGS: Early November but has not set the date yet.
STATUS: Cup w/handle. SPIL is bouncing off the 50 day EMA test that formed the bottom of the handle to its 16 week base. It bounced higher the past three sessions and paused at the 10 day EMA Tuesday. Looks as if it is ready to make the break after this test and move to a new high. SPIL is a consistent leader, and this is a great set up for a breakout move to make us some nice green.
Volume: 1.454M Avg Volume: 1.723M
BUY POINT: $12.39 Volume=2.5M Target=$14.85 Stop=$11.64
POSITION: SUU AV - Jan. $12.50c (51 delta, 157 OI) &/or Stock
http://www.investmenthouse.com/ci/spil.html
Downside: Have to be ready in case the Fed disappoints
Play Date: 10/30/2007
LRCX (Lam Research--$50.02; -0.57; optionable): Chip equipment
http://biz.yahoo.com/p/l/lrcx.html
EARNINGS: 10-10-07
STATUS: Put. Collapsed last week on very strong volume last week. It fell through the summertime and the September low at 50 then rebounded this week to test. Volume was lower as it made the bounce, and Tuesday it reached up to the 200 day SMA on the high and then gave it all back and more. Looking for it to roll over after this failed relief bounce. A move to the target lands a 40%ish gain.
Volume: 2.699M Avg Volume: 2.491M
BUY POINT: $49.88 Volume=2.8M Target=$47.11 Stop=$50.62
POSITION: LMQ XJ - Dec. $50c (-46 delta)
http://www.investmenthouse.com/ci/lrcx.html
Play Date: 10/30/2007
SLB (Schlumberger--$95.99; -3.80; optionable): Oil and gas service company
http://biz.yahoo.com/p/s/slb.html
EARNINGS: 10-19-07
STATUS: Put. Tanked on earnings and finally held at the 90 day SMA (96.58). It bounced up to the 50 day EMA last week but then started to roll back over this week, undercutting the 90 day on the Tuesday close as volume moved back up. Looks ready to test further and looking to move in as it continues lower. A move to the target lands us a 40%ish gain.
Volume: 9.198M Avg Volume: 9.825M
BUY POINT: $95.58 Volume=9.2M Target=$91.22 Stop=$96.69
POSITION: SLB XS - Dec. $95p (-42 delta)
http://www.investmenthouse.com/ci/slb.html
Good Investing!
Jon L. Johnson and your IH Alerts Team
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 in 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 recommendation
stock investment information
|
