This thread will be for listing of interesting stocks with associated technical & news/fundamentatal info. It will include both questions & comments on the listed stocks & their derivatives I intend to post pre-market & post-market (altho there is no guarantee this will occurr every day). I may post intra-day if possible & appropriate. I invite all interested parties to read & contribute to the discussion of posted stocks as a primary objectivre of the thread. Additional stocks may be added with the caveat that there shall be no penny stocks, scamming, solicitation or inappropriate info posted here under any circumstances. I also invite discussions of strategies & analysis for trading of stocks or their derivatives, sectors, or the market in general altho there are other threads devoted to these. I am a trader (NOT a broker) of both stocks & stock options.
GENERAL MARKET CONDITION: Open til 11am --> Opened weak & trended down 11am til 2:15 pm --> rally 2:15pm til close --> retreat UP on ABNORMAL VOLUME * ASR 40.20 +0.80 +275 PDFS 17.59 +1.33 +248 FST 51.20 +1.59 +183 TTI 29.49 +0.69 +171 GRMN 64.64 +1.38 +119 NTES 85.05 +1.30 +114 SWN 61.12 +4.17 +111 CRM 23.62 +1.96 +96 CMCO 22.34 +1.51 +79 CTRP 63.11 +1.47 +71 GIL 36.00 +1.38 +70 KEYW 24.05 +0.94 +62 KNDL 24.88 +0.96 +57 GLW 21.74 +0.54 +51 FCFS 25.21 +0.60 +47 FORD 28.46 +0.54 +46 TXN 33.96 +0.85 +43 GOOG 311.68 +1.94 +30 NVDA 33.05 +0.97 +30 ISSX 24.64 +0.83 +29 DOWN on ABNORMAL VOLUME * WMAR 16.04 -2.02 +1,600 ECPG 17.87 -1.69 +639 GTK 34.15 -0.66 +609 BBY 44.79 -5.57 +548 WES 60.94 -0.64 +545 ZMH 73.98 -4.26 +518 IPCR 38.00 -1.54 +407 VTAL 17.86 -0.74 +399 SMA 24.00 -0.98 +384 PBKS 34.17 -0.69 +350 NILE 34.18 -0.51 +334 KRI 61.46 -3.44 +306 SBNY 27.40 -2.19 +231 SYK 50.95 -2.32 +214 PUMP 17.31 -0.98 +192 CKEC 23.71 -1.14 +184 HZO 27.94 -0.91 +183 VRNT 40.73 -2.00 +183 BRC 33.30 -0.56 +182 CDWC 58.50 -2.96 +182 SETUP FOR TOMMORROW - Questions & Comments (time constrained so more will probably follow): BEST TRADE OF THE DAY (for me) ENER - Opened down hard after earnings report (Loss but less than Qtr vs.Qtr). ENER isn't an earnings play but rather a "story" stock with patents applicable to alternative enery (eg, UPS, sunlight to electric including hybrid vehicle). RALLIED ALL DAY with 2 spikes back near opening lows which were quickly reversed around 11:15am. After the 2nd down spike it regained momentum up (I bought @ this point @ 34.98. CLOSED @ 37.40 +1.29. An amazing reversal!! I'm holding overnight but will MONITOR closely due to strong 5 day rally means its due for a pullback from new high it made today. Question of the Day: What do you think of ZMH - SYK - BMET as ortho industry fell hard on a London's firm reported softness coming in business prospects. tyhese have been high growth firms & worthy of look on pullbacks in the past such as the last one prompted by reports of government inquiry from which they rallied strongly (Note: I follow ZMH closely & believe it will rally as in the past). cowpok * courtesy of IBD
Up ON ABNORMAL VOLUME: @ Approx 9:45 am LEH 113.90 +1.57 +1,186 NTG 22.50 +0.65 +967 PDFS 17.71 +1.45 +956 KNDL 25.33 +1.41 +616 ASR 40.55 +1.15 +426 CTRP 62.83 +1.19 +413 TXN 34.29 +1.18 +283 I'm Long KEYW 24.21 +1.10 +280 I'm Long CRM 23.81 +2.15 +244 I'm LOOKING FOR ENTRY TTI 29.40 +0.60 +233 FST 50.97 +1.36 +182 CKCM 18.74 +0.69 +153 SWN 61.49 +4.54 +136 CMCO 22.40 +1.57 +116 CONN 28.73 +0.78 +114 GIL 36.46 +1.84 +91 FORD 28.57 +0.65 +82 AIZ 38.03 +0.88 +68 VLO 112.38 +1.53 +66 FRK 58.20 +0.60 +56
GENERAL MARKET CONDITION: Open til close --> retreat (only 2 10 minute rallies, 1st @ 10am brought market approximately even on the day UP on ABNORMAL VOLUME * UBB 45.85 +1.75 +476 CELG 54.77 +1.86 +358 NTG 23.23 +1.39 +307 MATR 37.60 +1.24 +142 KNDL 25.90 +1.02 +114 GIL 36.91 +0.91 +108 GMEB 34.02 +0.79 +107 CKCM 19.51 +1.41 +100 CMCO 23.26 +0.92 +90 BVN 28.91 +1.73 +59 TLM 48.23 +0.66 +56 BHP 31.82 +0.59 +52 TALX 36.90 +1.88 +46 CAM 71.49 +0.79 +42 GRP 38.20 +1.43 +40 LOGI 39.10 +0.50 +35 TXU 103.70 +2.59 +34 ASR 41.40 +1.20 +28 REM 36.30 +0.81 +23 EOG 69.20 +0.75 +21 DOWN on ABNORMAL VOLUME * ENH 34.60 -2.35 +583 PGNX 23.85 -1.17 +568 KBAY 21.36 -0.64 +529 CPB 30.23 -0.67 +518 MRH 24.90 -0.87 +480 CKEC 22.30 -1.41 +471 CEC 31.28 -3.20 +467 PTP 29.29 -1.00 +349 BRC 31.16 -2.14 +318 ANTP 18.26 -1.15 +305 ZMH 72.19 -1.79 +288 LPMA 29.00 -1.26 +274 PII 49.97 -2.43 +248 PPX 31.46 -0.54 +244 KRI 60.07 -1.39 +238 LVS 35.30 -0.71 +235 PLL 28.17 -1.79 +208 DEO 59.72 -1.02 +203 KEYW 23.51 -0.54 +197 MATK 40.46 -2.49 +197 SETUP FOR TOMMORROW - Questions & Comments (time constrained so more will probably follow): TRADES OF THE DAY (for me) BUY CRM - My only buy @ 23.35 - holding. // ENER(I bought @ 34.98 yesterday - holding. SALE GOOG - Sold full position. I had made multiple buys beginning with 9/7 break over 50dma @ fill of 292.10. My metrics called for sale of 1/2 of position upon trade of less than 311.42 (my fill on this part was 310.95) & sale of last 1/2 of position if GOOG traded under 306.17 (my fill on this part was 305.98). GOOG is still in uptrend but I like profits & hate losses so with the negative BIDU news and pending GOOG 2ndary stock offering I played safe - I'll wait to see if GOOG breaks to new highs ( which it just barely missed on the move from 9/7 to-date or breaks back under its 50dma. -------------------- Yesterday's Question of the Day: What do you think of ZMH - SYK - BMET as ortho industry fell hard on a London's firm reported softness coming in business prospects. these have been high growth firms & worthy of look on pullbacks in the past such as the last one prompted by reports of government inquiry from which they rallied strongly (Note: I follow ZMH closely & believe it will rally as in the past). ------------------- FOLLOWUP: All 3 were down today although given market conditions, only ZMH was RELATIVELY weak. Here's the interesting INSTITUTIONAL TRADING PICTURE --> while all 3 show more buying since the fall than before, BMET & SYK also had buying before but ZMH did not. BMET & SYK had some selling before the London firm's news release but ZMH had VERY HEAVY selling before it. While not a definitive statement of collusion or anything like that, ZMH had such a high correlation (line of demarcation) of SELLING BEFORE THE NEWS & BUYING AFTER THE NEWS by the big guys that its eerie. SO WHAT? Since ZMH has still been a relative weakling, you can't buy yet. But for me at least, ZMH is on my TOP STOCKS TO WATCH LIST. ------------ Question of the Day: What is the only stock that appears on both IBD TOP ATTRACTIVENESS LIST(s) the 4/20/05 list & today's? Its #1 in its group and recently completed a major acquisition. cowpok1027 * courtesy of IBD
Hi Cowpok, Whats your stop on CRM, seems to be heavily overbought, can't go up much from there , Should exercise high caution on that
GENERAL MARKET COMMENT: David Nichols said pre-market: The trading action in equity markets still looks to me like a typical test back down, prior to the main uptrend re-establishing itself. So far this move down does not look too ominous. A test down to touch the previous swing high is so commonplace that it is not even noteworthy. Markets are constantly "inhaling and exhaling" in their movements, and at this point I consider this just a normal "inhale" (pullback) ahead of a potentially much larger "exhale" (trending move up). If the SPX is able to bounce off this 1223 area -- and we may have to wait until options expiration is out of the way for this to happen -- then a bullish pattern should continue to unfold. Accordingly, here is my road map up to 1280. Please keep in mind that this is the maximally bullish scenario, which should remain intact as long as the SPX stays over 1217. If it plays out this way, it should be clear sailing all the way up to SPX 1260. That is the spot to look for resistance, and potentially a multi-day pullback -- most likely back to 1245. After that pullback from 1260, the final move up to a top at 1280 should come quickly. If the markets can't muster a rally, and instead head down in earnest, breaching SPX 1217 in the process, then the bullish scenario is not necessarily vanquished. At that point we'd have to throw out this maximally bullish road map, and we'd have to deal with a more difficult trading environment. Essentially we'll have to wait for the fractal patterns to re-set and re-emerge if the SPX sinks under 1217. But for now, this current upside fractal looks very promising, and I like a speculative trading position here for a run to 1280, with a stop on a close below 1217, or 1214 intraday. Gold had a big day up on Thursday, and the upside pattern is now confirmed and looking good. This up day in gold happened on a day that the dollar was also strong, and this is one of the best confirmations of gold's strength that we could see. It's undeniably bullish. Gold should get to $476 on this move, with perhaps a brief pullback at $463. I'm using the December gold futures contract, symbol GCZ5, for these figures. The XAU index of gold and silver stocks, which is a derivative play on gold, is also on fire right now. If you're long XAU options, I would recommend taking these off at $110, which could come up quickly from here. I have a higher target on the XAU up at $120, but I don't think it will get through $110 on the first try. With options it's not much fun to suffer through a pullback, as the premium can get sucked out of calls very quickly in this situation. And XAU calls are expensive too. So I'm planning on taking profits at $110, and monitoring this index for a re-entry. UP on ABNORMAL VOLUME * HOLX 51.30 +4.38 +1,369 VIVO 18.25 +0.55 +1,220 TRN 39.35 +1.15 +869 CTHR 24.96 +2.68 +566 SMTS 24.44 +1.04 +520 MEE 54.13 +2.63 +514 LSTR 39.86 +2.00 +485 OPWV 19.52 +0.85 +460 CLF 81.29 +2.39 +414 AIT 34.95 +0.58 +410 DEX 27.76 +0.85 +403 PRA 45.82 +0.69 +392 LOJN 19.65 +1.36 +386 MGRC 28.68 +0.59 +375 HNI 59.44 +1.09 +358 GLW 20.21 +0.64 +338 GNSS 23.43 +0.58 +336 PENN 32.26 +1.05 +320 BVN 30.87 +0.62 +302 BECN 31.81 +1.13 +266 DOWN on ABNORMAL VOLUME * OPEN 21.74 -1.35 +3,369 OI 20.95 -2.72 +2,263 CLC 29.21 -2.14 +1,216 FUL 29.66 -2.79 +1,057 FO 85.26 -2.24 +636 SMBI 25.90 -0.93 +610 SLGN 33.14 -1.40 +584 HW 36.25 -1.81 +499 DGIN 25.50 -0.98 +442 FORR 19.69 -0.61 +427 JLL 46.02 -1.48 +418 EPAX 20.87 -0.55 +413 NPO 32.60 -0.55 +412 CNF 49.87 -0.92 +398 SMMX 26.50 -0.52 +378 BOW 30.80 -0.61 +376 SHPGY 37.28 -0.65 +367 FORM 25.49 -1.24 +349 SRCP 19.80 -0.60 +331 CLHB 30.55 -1.24 +313 * IBD as of 10:45am Answer to previous Question of the Day: VLO TRADES OF YESTERDAY (for me) SOLD ENER @ close @ 37.60 SOLD Oct 22.50c on CRM @ 1.60 Answer to coolweb - I don't use S/L as such since I'm watching the markets real-time constantly with "alerts" set (my computer with issue audible & blinking signals) @ critical price & volume points on positions + extensive list of stocks I'm interested in either for buy or sell. I also often hedge with options where appropriate (see above). On CRM institutions have been buying on & since spike up on Tues 9/13 so I converted to covered call position as it showed some weakness (I don't believe its overbought) .
Hi cowpok You asked what thr ET traders think of ZMH, SYK, & BMET. I agree that they will ralley & I KNOW that ZMH is the leader in that group. Thus, I pulled the trigger on ZMH today bought 1000 shares at avg price of 72.20. My target is 78 filling the gap. Mr Blue
Greetings blue2and2 While I haven't prepared my pre-Monday post yet, I wanted to say right away that I'm with you & I've already started putting my money where my mouth is. I just initiated positions in ZMH Dec & Jan calls in my Type #2 account (see below). ZMH is my trade of choice in this group as the definite leader (or "best of breed" as Cramer - who likes ZMH - says). I divide my investment/trading accounts, at least mentally, into 3 segments--> #1 Short Term Bullish - for day trading thru about 2 month holdings #2 Long Term Bullish - for longer term positions #3 Bearish - I agree with you're analysis that says ZMH will go to 78 (& beyond). the question is timing since stocks that tank like this rarely pop right back in a "V"-shaped formation. The 50% retracement your looking for is resonable, however, and could be achieved short-term. This situation looks to me like the classic "sector shake out" where the big guys & pros get to eat the little guys-investors-amateur techies lunch. Look @ my prior post on ZMH action. Friday was more of the same with the big guys & pros buying down ticks @ a rate of approx 10-1. Good Trading & Good Health !! cowpok