Friday, April 28, 2006
Daily Update 4/28/06
YI: +2.5
Trying to bottom out in this area: The BTK index, DO, EBAY, and RNR
Standard oversold at this point: CAKE and STMP
Moderately oversold: EOG, LSS, MRVL, and SYMC
Trying to hold some rising trend line support: CMI, EWD, FCX, GRZ, HMY, IDA, JDSU, PDE, PEG, PLT, PMCS, RADN, RI, SFY, STP, TSM, WGII, WMB, and XLB
Attempting to hold the 28 DMA here: CDE, CHINA, COP, FTO, LMT, OXY, PTR, QCOM, the XNG index, and the XOI index.
Trying to break above some falling trend line resistance: ACAS, BGF, CSCO, and the XCI index.
Attempting to break above the 28 DMA here: VZ
Now up against some rising trend line resistance: HIT and RFMD
Moderately overbought at this point: GM and PHI
Standard overbought here: CBK and RFMD
A possible top may be forming in this area: JCP
To a sell: GG
A break out in either direction is on the way: GT
Anything posted here may be off base.
Thursday, April 27, 2006
Daily Update 4/27/06
YI: +2
Trying to bottom out in this area: AMZN, CREE, FDP, JOSB, JWN, MCD, and XRX
Moderately oversold at this point: AMTD and CLF
Trying to hold some rising trend line support: ACF, APPB, C, CHK, EOG, GOOG, GYMB, SNA, and SUN
Trying to hold falling trend line support: The BTK index and TSY
Attempting to hold the 28 DMA here: CAT, CGI, MER, PLL, SBUX, and YHOO
To no position for now: BA
Attempting to break above some falling trend line resistance: SKS, VZ, and WDC
Attempting to break above horizontal trend line resistance: BAA
Moderately overbought at this point: AHO, MO, and RADN
A possible top may be forming in this area: KMX and PPG
A break out in either direction is on the way: BKS
Anything posted here may be off base.
Wednesday, April 26, 2006
Daily Update 4/26/06
YI: +2.5
Possible bottom here: GNSS
Trying to bottom out in this area: DELL and WDC
Standard oversold at this point: F
Moderately oversold here: ADP and CSCO
Trying to hold some rising trend line support: ELN, GT, MAT, MCRS, STMP, and SU
Attempting to hold the 28 DMA here: AAPL, CPB, and THQI
Trying to break above some falling trend line resistance: AMD, LYO, and PEG
Now up against some rising trend line resistance: AA and ASA
Moderately overbought at this point: IIT, OGE, and SPIR
A possible top may be forming in this area: EWP, EWQ, and FXE
To a sell: TIE
Anything posted here may be off base.
Tuesday, April 25, 2006
Daily Update 4/25/06
YI: +3
Trying to bottom out around this level: DJ
Moderately oversold at this point: CREE, EBAY, ERICY, JNPR, MOT, STX, and XMSR
Now attempting to hold some rising trend line support: BBBY, CHC, INTU, MFE, RHAT, and THQI
Trying to hold falling trend line support: QQQQ
Attempting to hold the 28 DMA here: RFMD and WHR
Now trying to break above some falling trend line resistance: KMX and MMC
Attempting to break above the 28 DMA here: JNJ and SLE
Now up against some rising trend line resistance: EWP
Moderately overbought at this point: LYO
Standard overbought at this point: GLW, SU, and WY
Now extremely overbought: TZOO
A possible top in this area: DO
A break out in either direction is on the way: REDF
Anything posted here may be off base.
Monday, April 24, 2006
Daily Update 4/24/06
Today's posting was delayed due to the blog's not being able to download this morning for an extended period of time.
YI: +3.5
Standard oversold at this point: MDC
Moderately oversold: FDP, LSI, and WDC
Now attempting to hold some rising trend line support: CBK, CDE, FCX, NG, NTES, NVLS, STP, and SWC
Trying to hold falling trend line support: RNR
Attempting to hold the 28 DMA here: AVP, CLG, silver, RGLD, and RMBS
Now attempting to break above some falling trend line resistance: AAPL, AHO, GM, and LYO
Trying to break above the 28 DMA: The DRG index, KO, MRK, OCR, and XLP
Now up against some rising trend line resistance: SGDE
Moderately overbought at this level: CHINA, EWP, NFI, PHG, SGP, WB, and XLF
Standard overbought now: EWI, GFI, JCP, LMT, MU, PPG, SNE, TMO, and TXU
Extremely overbought: NOK and PLT
A possible top near this level: BA
Anything posted here may be off base.
Friday, April 21, 2006
Daily Update 4/21/06
YI: +3.5
Possible bottom here: PG
Trying to bottom out near this level: WON
Standard oversold at this point: DELL and the dollar.
Now attempting to hold some rising trend line support: BPOP, ERF, and RMBS
Trying to break above some falling trend line resistance: AIG, ALEX, GE, IIT, MCRS, POM, SMTC, and WTS
Attempting to break above the 28 DMA here: The BTK index, CAKE, MSCC, and PNRA
Now up against some rising trend line resistance: IWM, PDE, PETM, RFMD, RIG, SBUX, and the S&P-500.
Moderately overbought at this point: AMTD, ELN, EOG, MMC, MRVL, NLY, the OEX index, the VXO, and YCC
Standard overbought: BHI, CHK, CMI, CREE, EWD, EWU, FXE, GR, HIT, INTU, IRF, MER, RDC, SFY, TKR, TRF, and the XNG index.
Extremely overbought now: gold, PTR, and XLE
A possible top in place near this level: IFN and LSS
To a sell: The XAU index at 11 AM yesterday.
Anything posted here may be off base.
Thursday, April 20, 2006
Daily Update 4/20/06
YI: +3.5
Moderately oversold at this point: NWL
Now attempting to hold some rising trend line support: MTU
Trying to hold falling trend line support: DJ
Attempting to hold the 28 DMA: RI
Now trying to break above some falling trend line resistance: ACF, ADP, APPB, BAC, EMC, GM, GT, IBM, KO, PG, RGLD, USU, WB, XLU, and XMSR
Attempting to break above the 28 DMA: FBR, INTC, JDSU, and XRX
Now up against some rising trend line resistance: CDE, EWI, NSC, and QCOM
Moderately overbought: ARM, the BKX index, CY, the DJ-30, the E-Mini 500, FTO, JNPR, KMX, SHI, the S&P-500, and WOR
Standard overbought at this level: ASA, ECA, IWM, RIO, TSM, TZOO, XLB, and the XOI index.
Extremely overbought now: COP, FCX, GRZ, heating oil, IFN, IYM, PCU, and SU
Probable top here: TIE
Anything posted here may be off base.
Wednesday, April 19, 2006
Daily Update 4/16/06
YI: +3
Possible bottom here: JNJ
Trying to bottom out around this level: AMD and MO
Moderately oversold: JDSU and MAT
Attempting to hold some rising trend line support: DUK and MCD
Attempting to hold the 28 DMA here: AMN, CGI, LYO, and RHAT
Now trying to break above some falling trend line resistance: ANH, AU, CHINA, EBAY, JNPR, MER, MMC, MRVL, NXL, SGP, STX, TYC, and XLP
Now up against some rising trend line resistance: AEM, CLG, and SWC
Moderately overbought: C, ENER, RGLD, and STP
Standard overbought at this point: ABX, KGC, NEM, and STMP
Extremely overbought: GG, N, and OXY
A possible top in this area: ERF
Anything posted here may be off base.
Tuesday, April 18, 2006
Daily Update 4/18/06
YI: +1.5
Trying to bottom out: MDC and PNRA
Moderately oversold: BAA, ELY, IIT, JOSB, and WB
Now attempting to hold some rising trend line support: ELY, the E-Mini 500, and TZOO
Trying to hold falling trend line support: DELL
Attempting to hold the 28 DMA here: BBBY, NSC, PMCS, and STX
Now trying to break above some falling trend line resistance: CY, HMY, IYM, JCP, RNR, SNDK, SPIR, STP, and VIGN
Attempting to break above the 28 DMA: EWJ, SPIR, and VIGN
Now up against rising trend line resistance: GYMB
Anything posted here may be off base.
Saturday, April 15, 2006
Daily Update for: 4/17/06
YI: +2
Trying to bottom out: MCRS, MMC, and YHOO
Extremely oversold at this point: WON
Moderately overold: BMS, EMC, HPQ, MDC, MFE, the OEX index, PHG, SLE, the VXO, WTS, and the XCI index.
Now attempting to hold some rising trend line support: BBBY, DO, the E-Mini 500, ECA, QCOM, and SU
Trying to hold falling trend line support: MDT
Attempting to hold the 28 DMA here: AAPL, ALEX, ECA, HIT, IFN, NFI, RIG, RIO, and SCHW
Now trying to break above some falling trend line resistance: AMAT, ARM, ELN, GLW, GNSS, JNJ, REDF, RFMD, and TMO
Attempting to break above the 28 DMA here: GPC
Now up against some rising trend line resistance: TIE
Standard overbought at this level: CAT
Extremely overbought: BA
A possible top in this area: MOT
A break out in either direction is on the way for: INTC
Anything posted here may be off base.
Thursday, April 13, 2006
Daily Update 4/13/06
YI: +2
Possible bottom here: SPC
Attempting to bottom out in this area: AHO, AMAT, AMZN, the BTK index, the DRG index, NST, and PBY
Standard oversold at this point: PEG
Moderately oversold: CAKE, DVY, the E-Mini 500, GT, IBM, JWN, MRK, NI, NXL, PNRA, POM, RADN, RNR, SGP, SMTC, the S&P-500, TSS, TSY, TTH, VZ, and XRX
Trying to hold some rising trend line support: AEM, ANH, AU, C, CLF, ENR, EWJ, HMC, IFN, INTU, LSS, MRK, MRVL, NWL, SEE, SHI, SKS, SLE, and the XNG index.
Trying to hold falling trend line support: PMCS, PTR, and SPIR
Attempting to hold the 28 DMA: ASA, BKS, CREE, EWG, the IIX index, IRF, IWM, KEA, PPG, the 4Q, RGLD, WY, and XLK
Now attempting to break above some falling trend line resistance: ACF, CHC, CLG, and ERICY
Moderately overbought: SFY
Anything posted here may be off base.
Wednesday, April 12, 2006
Daily Update 4/12/06
YI: +2
Standard oversold at this point: CHC
Moderately oversold now: ACAS and APPB
Trying to hold some rising trend line support: AMN, BAA, BMS, BPOP, CHINA, the DJ-30, EWI, JDSU, MDC, NSC, OCR, PNRA, RFMD, RMBS, SIFY, WB, WMB, and XLP
Attempting to hold falling trend line support: PG
Attempting to hold the 28 DMA: BMY, FTO, LSI, and WHR
Trying to break above some falling trend line support: CMI
Attempting to break above the 28 DMA: The dollar.
Now up against some rising trend line resistance: BA
Moderately obverbought at this point: RHAT
Standard overbought: Heating oil.
A possible top forming in this area: Gold and N
Anything posted here may be off base.
Tuesday, April 11, 2006
Daily Update 4/11/06
YI: +3
Possible bottom here: HLR
Trying to bottom out in this area: AIG, SPC, and XLU
Moderately oversold now: The BTK index, the DRG index, ENR, JNJ, KO, MSCC, NST, SNA, TYC, and XLP
Now attempting to hold some rising trend line support: AMAT, APPB, BAC, CLG, DVY, EWG, GE, GR, NFI, TKR, X, and XLF
Trying to hold falling trend line support: AHO and RNR
Attempting to hold the 28 DMA: CPB, CSCO, the DJ-30, the E-Mini 500, EWP, EWQ, FDP, FXE, HMY, MER, the OEX index, PLL, Q, RFMD, the S&P-500, SYMC, and TMO
Now attempting to break above some falling trend line resistance: SHI
A break out in either direction is on the way: WB
Anything posted here may be off base.
Monday, April 10, 2006
Daily Update 4/10/06
YI: +3
Attempting to bottom out in this area: BGF
Standard oversold at this point: SPC
Now trying to hold some rising trend line support: ABX, ACF, COP, EWD, LSI, VZ, and XLB
Trying to hold some falling trend line support: NWL
Attempting to hold the 28 DMA: GLW, NTES, and RADN
Now trying to break above some falling trend line resistance: ANH, CLF, JWN, NVLS, and the VXO
Attempting to break above the 28 DMA: VIGN
Moderately overbought now: AAPL, CGI, INTU, MSO, PDE, TZOO, USU, WMB, and XMSR
Standard overbought here: AA, CSTR, EWC, GOOG, N, PLT, PMCS, and WY
Extremely overbought: GYMB and RMBS
A possible top in this area: EWJ, MTU, QCOM, and TSM
A break out in either direction is on the way: AVP, BMS, and ELN
Anything posted here may be off base.
Friday, April 7, 2006
Daily Update 4/7/06
YI: +4
Moderately oversold: DJ and F
Attempting to hold rising trend line support: DELL, JOSB, PHG, and SBUX
Attempting to hold falling trend line support: CAKE, GE, and NST
Attempting to hold the 28 DMA: PNRA and SGDE
Attempting to break above falling trend line resistance: IBM, MRVL, RGLD, and TKR
Attempting to break above horizontal trend line resistance: STMP
Attempting to break above the 28 DMA: AMD
Now up against some rising trend line resistance: The E-mini 500, NOK, the S&P-500, and XLF
Moderately overbought: ALEX, BHI, ERF, HPQ, MDC, NEM, NSM, SNDK, SUN, TASR, WDC, and the XCI index.
Standard overbought: COP, EWI, GRZ, HIT, LSS, OXY, PCU, RIG, SIFY, and SU
Extremely overbought: HMC
A possible top in this area: ASA, EWP, PPG, and XLE
Probable top here: AEM
Anything posted here may be off base.
Thursday, April 6, 2006
Daily Update 4/6/06
YI: +4.5
Possible bottom here: GM
Trying to bottom out: GNSS
Moderately oversold: CGI
Attempting to hold some rising trend line support: ELY, HMY, JNJ, RFMD, and XRX
" some falling trend line support: GM
Attempting to break above some falling trend line resistance: ADP and ALEX
Now up against rising trend line resistance: BPOP, OGE, and SEE
Moderately overbought: AMTD, CSTR, ECA, IDA, and MU
Standard overbought: FXE
Extremely overbought: EWD and WTZ
A possible top here: EWG
A break out in either direction on the way: LYO
Anything posted here may be off base.
Wednesday, April 5, 2006
Daily Update 4/5/06
YI: +4
Trying to bottom out: TXU and XLU
Moderately oversold: CLF, CY, KMX, and NLY
Trying to hold some rising trend line support: AIG, ENER, EOG, heating oil, GG, JWN, KEA, KGC, silver, NTES, PLT, PNRA, Q, RDC, SNDK, the XAU index, and XMSR
Trying to hold horizontal trend line support: JNPR
Attempting to hold the 28 day moving average: APPB, CBK, GR, GYMB, MAT, PETM, SGP, STMP, TKR, TTH, and TYC
Trying to break above some falling trend line resistance: AMAT, AMD, and CAT
Now up against some rising trend line resistance: NSC
Moderately overbought at this point: AA, ABX, SNE, and THQI
Standard overbought now: EWA, EWJ, and FCX
Extremely overbought: EWQ
A possible top in this area: GRZ
A break out in either direction is on the way: BKS
Anything posted here may be off base.
Monday, April 3, 2006
Daily Update for 4/3/06
YI: +3
Trying to bottom out now: AMTD and PEG
Standard oversold at this point: MDT
Moderately oversold: MO
Now attempting to hold some rising trend line support: CAKE, DJ, MSO, SKS, TZOO, and WY
Trying to hold some rising trend line support: ABS, BMS, C, CHINA, JOSB, LMT, MFE, NWL, RHAT, and VZ
Now attempting to break above some falling trend line resistance: EWP, FDP, IDA, IIT, MRVL, TRF, and WDC
Now up against some rising trend line resistance: AEM
Moderately overbought at this point: AU, GFI, RNR, and WTS
Standard overbought: CLG, IYM, and MER
Extremely overbought: CTXS
Anything posted here may be off base.
Sunday, April 2, 2006
Daily Update for 4/3/06
YI: +2.5
Moderately oversold at this point: BGF and OCR
Now attempting to hold some rising trend line support: AVP, BHI, CAT, FTO, HMC, MRK, OXY, WHR, the XOI index, and YCC
Attempting to hold the 28 day moving average here: MDC and SEE
Trying to break above some falling trend line resistance: EWA, INTU, and PBY
Attempting to break above the 28 day moving average: MU, NST, and WTC
Now up against some rising trend line resistance: LSI, MAT, and PNRA
Moderately overbought art this point: ASA, GE, HIT, the 4Q, STX, SU, SYMC, and TSM
Standard overbought: BAA, gold, MTU, and NG
A possible top near this area: AMN, heating oil, NTES, RADN, and WTZ
Anything posted here may be off base.