Weekend Newsletter for August 1, 2004
Brought to you by Online Investment Services, LP.
Visit Our Flagship Websites at http://www.investmenthouse.com” target=”_top”> InvestmentHouse.com and http://www.marketfn.com” target=”_top”> MarketFN.com
http://a.tribalfusion.com/i.click?site=InvestmentHousecom&adSpace=Stocks&size=468×60&requestID=749250698″ target=_blank>
http://a.tribalfusion.com/i.ad?site=InvestmentHousecom&adSpace=Stocks&size=468×60&requestID=749250698″
width=468 height=60 border=0 alt=”Click Here”>
INVESTMENT HOUSE.COMTM
Informing Investors Around The World
Read In All 50 States And Over 100 Countries
http://www.investmenthouse.com/cgibin/banners4/ads.pl?banner=NonSSI;page=388″ target=”_blank”>
http://www.investmenthouse.com/cgibin/banners4/ads.pl?page=388″ border=”0″>
Weekend Newsletter for August 1, 2004
Table Of Contents 1) MARKET SUMMARY 2) POST-SPLIT PLAY 3) TECHNICAL PLAY 4) COVERED CALL PLAY
http://a.tribalfusion.com/i.click?site=InvestmentHousecom&adSpace=Stocks&size=336×280&requestID=1646110445″ target=_blank>
http://a.tribalfusion.com/i.ad?site=InvestmentHousecom&adSpace=Stocks&size=336×280&requestID=1646110445″
width=336 height=280 border=1 alt=””>
http://ichart.yahoo.com/v?s=^ixic”> http://ichart.yahoo.com/v?s=^dji”> http://www.investmenthouse.com/cgibin/banners2/ads.pl?banner=NonSSI;page=222″ target=”_top”>http://www.investmenthouse.com/cgibin/banners2/ads.pl?page=222″border=”0″ width=125 height=125 ALT=”$7 Trades!”>
http://www.investmenthouse.com/1splitnotification.htm”>Stock Split Notices http://www.investmenthouse.com/1questions.htm”>Investing Q & As http://www.investmenthouse.com/1glossary.htm”>Glossary
1) MARKET SUMMARY
An up week to end a down month.
– Market closes out month with a positive week as stocks drift higher on lower trade.
– June slowdown tanks Q2 GDP, but Q1 much stronger than thought.
– Regional manufacturing continues to surge, indicating June slowdown reversing.
– Market set for a follow through or a fall down.
http://www.investmenthouse.com/1weekendmarketsummary.htm”>Read Full Weekend Summaryhttp://www.investmenthouse.com/1daily1.htm”>Learn more about our Daily Newsletter with Stock Picks! – Issued 5 Times Per Week
2) Stock Splits Playing stock splits can be very profitable, but it takes know-how. Our stock split service focuses on three main types of plays: 1) pre-announcement (where we forecast an upcoming split prior to the company making the announcement); 2) pre-split (these plays are made in the days leading up to the actual split day); and 3) post-split plays (plays made after the actual stock split where the stock is showing continued or renewed strength). For post-splits, we can play them as we would pre-splits (very short term), but we prefer to stretch our horizons, playing the trend. When playing options, we look further out, 2 or more months at least. We let the trend carry us along if there is one, but we will also take profits if the technical pattern degenerates, e.g., breaks a trendline. The main difference between post-splits and pre-splits plays is that we really have to like the pattern. Pre-splits can run right before their splits even with poor technical indicators. For post-splits, we are looking at the stocks from more of a longer term “would I buy this stock at this juncture?” position. Now there are times when a hot stock splits and investors pile in to get in while the stock is ‘cheaper.’ We play those, but with more of a short-term, pre-splits mentality in that we will be ready to get out fast if the momentum fades. Remember, everything we do has to pass muster with the market that day … don’t fight the market on these plays. Here’s a post-split play to watch and our current analysis.http://www.investmenthouse.com/1stocksplits1.htm” target=”_top”>http://www.investmenthouse.com/images2/cnbc.gif” width=”39″ height=”31″ border=”0″ alt=”CNBC Interview”>
Listen to Stock Split Report Editor Jon Johnson’s stock split interview on CNBC-TV![ http://www.investmenthouse2.com/cntdir.asp?name=JonJohnson-B” target=”_new”>Broadband | http://www.investmenthouse2.com/cntdir.asp?name=JonJohnson-D” target=”_new”>Dial-up ]
Chart by http://www.stockcharts.com”>StockCharts.com
http://www.investmenthouse.com/cc/cecsm.gif”>
http://investmenthouse.com/quote/stkquote.php3?smbl=
CEC”>
CEC (CEC Entertainment–$36.35; +0.25; optionable): Children’s restaurants.
http://biz.yahoo.com/p/c/cec.html”>Company Profile
STATUS: Cup w/handle. Friday CEC was up but volume was not. Still solid in the 19 week base sporting strong 5 to 2 accumulation as more buyers move into the stock as it bases. Outstanding earnings reported earlier this month bolted it higher in the base. We are almost always amazed at how many birthday parties are held at this place on the weekends. That money flow is still surging and with this nice, quiet volume in the handle we expect a nice breakout. When we see it we make our move.
Volume: 258.6K Avg Volume: 437.822K
BUY POINT: $36.62 Volume=671K Target=$36.88 Stop=$35.04
POSITION: CECL LG – Dec. $35c (65 delta) &/or Stock.
http://www.investmenthouse.com/1stocksplits1.htm”>Learn more about our Stock Split Report – Issued 5 Times Per Week
http://www.investmenthouse.com/cgibin/banners6/ads.pl?banner=NonSSI;page=388″ target=”_blank”>
http://www.investmenthouse.com/cgibin/banners6/ads.pl?page=388″ border=”0″>
Chart by http://www.stockcharts.com”>StockCharts.com
http://www.investmenthouse.com/cc/harsm.gif”>
3) Technical Playhttp://investmenthouse.com/quote/stkquote.php3?smbl=
HAR”>
HAR (Harman Intl.–$85.73; -0.10; optionable): High end auto electronics.
http://biz.yahoo.com/p/h/har.html”>Company Profile
STATUS: 50 day EMA test. After a strong rally from May to the end of June, HAR is taking a breather, coming back during July on lower volume to test the 50 day EMA and set up for the next move. Money flow remains strong, and we are expecting HAR to follow it, maybe even as soon as Monday given the very tight doji on the candlestick chart. This stock can fly once it gets started.
Volume: 306.7K Avg Volume: 515.892K
BUY POINT: $86.54 Volume=650K Target=$94 Stop=$84.22
POSITION: HAR JQ – Oct. $85c (57 delta).
http://www.investmenthouse.com/1tech1.htm”>Learn more about our Technical Traders Report – Issued 5 Times Per Week Chart by http://www.stockcharts.com”>StockCharts.com
http://www.investmenthouse.com/cc/adsksm.gif”>
4) Covered Call Playhttp://investmenthouse.com/quote/stkquote.php3?smbl=
ADSK”>
ADSK – Autodesk, Inc. is currently trading at $40.20 The August $40 Calls (ADQHH) are trading at $1.85. That provides a return of about 4% if ADSK is above $40 on expiration Friday in August.
http://biz.yahoo.com/p/a/adsk.html”>Company Profile
http://www.investmenthouse.com/1coveredcalls1.htm”>Learn more about our Covered Call Tables – 8 Tables Updated 5 Times Per Week
* * * SCOTTRADE * * *
http://www.investmenthouse.com/cgibin/banners3/ads.pl?banner=NonSSI;page=388″ target=”_blank”>
http://www.investmenthouse.com/cgibin/banners3/ads.pl?page=388″ border=”0″>
http://www.invest-store.com/images/small/10593.jpg”> http://www.invest-store.com/images/small/6131.jpg”>
SPECIAL OFFERS! We are now offering “Special Offers” each week in our Book Store! You will
not find these specials on our web site . . . they are only available by using this link: SPECIAL OFFER LINK >> http://www.investmenthouse2.com/cntdir.asp?name=BookStoreSpecials”>Go To Book Store Specials!
PREMIUM SERVICES
http://www.investmenthouse.com/a/IHAlertswknd.htm” target=”_top”>IH Alerts: InvestmentHouse.com’s Best of The Best Plays!
http://www.investmenthouse.com/1stocksplits1.htm” target=”_top”>Stock Split Report: “…seek out The Stock Split Report…” Forbes.com Best of the Web http://www.investmenthouse.com/1coveredcalls1.htm”>Covered Calls: Our covered call service provides nightly updates – energize your portfolio! http://www.investmenthouse.com/1tech1.htm”>Tech Traders: Breakouts, wedges, pennants etc…focusing on stocks ready to move now! http://www.investmenthouse.com/1daily1.htm”>The Daily: “The Daily” is a must read for all investors — learn what is really going on in the market!
MARKETPLACE http://www.investmenthouse.com/1ibd.htm”>Investor’s Business Daily: 2 week complimentary subscription delivered to your doorstep! http://www.investmenthouse.com/bookstoretapes.htm”>Taped Seminars: Investing seminars on audio and video to help you profit. http://www.invest-store.com/investhouse/firesale.html”>Book Store: Check-out the prices in our firesale section!
http://www.adtrader.com/ads/adlink.asp?SN=1227>http://www.adtrader.com/ads/adserve.asp?SN=1227&PN=10018&Desc=btmpg”>
http://www.investmenthouse.com/cgibin/banners2/ads.pl?banner=NonSSI;page=22″ target=”_top”>http://www.investmenthouse.com/cgibin/banners2/ads.pl?page=22″border=”4″ width=125 height=125 ALT=”$7 Trades!”>
SPONSOR
http://www.burstnet.com/ads/sk5109a-map.cgi/ns/v=1.0J/sz=120x600A|160x600A/” target=”_top”>
http://www.burstnet.com/cgi-bin/ads/sk5109a.cgi/ns/v=1.0J/sz=120x600A|160x600A/” border=”0″ alt=””>
http://www.coveredcall.net/quote/stkquote.php3″>
QUOTESRESEARCH
Enter Stock SymbolGet Quotes, News, Analysis, Stock Splits, Message Boards!
NASDAQ
http://www.investmenthouse.com/brief.html#nasdaqvol”>Most Active
http://www.investmenthouse.com/brief.html#nasdaqgain”>Most Advanced
http://www.investmenthouse.com/brief.html#nasdaqlose”>Most Declined
NYSE
http://www.investmenthouse.com/brief.html#nysevol”>Most Active Issues
http://www.investmenthouse.com/brief.html#nysegain”>Top Gainers
http://www.investmenthouse.com/brief.html#nyselose”>Top Losers
BOOKSTORE
http://www.investmenthouse.com/bookleaps.htm” target=”_blank”>http://www.invest-store.com/images/large/2497.jpg” width=100 height=120>
TAPESAudio/Video Seminars!
http://www.coveredcall.com/tapes/tapes.htm”>http://www.investmenthouse.com/images2/tapes1.gif” width=125 height=105>
SCOTTRADE$7 Trades!
http://www.investmenthouse.com/cgibin/banners2/ads.pl?banner=NonSSI;page=21″ target=”_top”>http://www.investmenthouse.com/cgibin/banners2/ads.pl?page=21″border=”0″ ALT=”$7 Trades!”>
http://www.investmenthouse.com/cgibin/banners7/ads.pl?banner=NonSSI;page=77″ target=”_top”>http://www.investmenthouse.com/cgibin/banners7/ads.pl?page=77″border=”0″>
The foregoing is commentary for informational purposes only. All statements and expressions are the opinions of Online Investment Services, LP., or Split Ventures, Ltd. This information is 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 the related web site has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. The security portfolios of writers for this issue may, in some instances, include securities mentioned herein and on the related 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. No one asscociated herewith receives compensation in any manner from any of the companies that are discussed in this newsletter or on the related websites.
http://www.adtrader.com/ads/adlink.asp?SN=4032>http://www.adtrader.com/ads/adserve.asp?SN=4032&PN=2&Desc=fwknd”>
http://www.investmenthouse.com/images/copyright2.gif”>
