Wednesday, May 31, 2006

MFLX (Multi-Fineline Electronix, Inc.) looks interesting now.

Daily Update 5/31/06

YI: -1

Standard oversold at this point is: DJ
Trying to hold some rising trend line support here: CUP and EWI
Attempting to hold some falling trend line support: MSCC
Trying to break above some falling trend line resistance at this point is: ERICY, gold, JDSU, NXL, SMTC, and SUN
Attempting to break above the 28 DMA here: ACF, DELL, DUK, EWU, FTO, MG135, MU, NG, NOK, NSC, PEG, PHI, POM, RIO, SFY, SU, TTH, X, XLE, the XNG index, and the XOI index.
Now up against some rising trend line resistance is: MOT and NEM
Moderately overbought at this point: GLG
Standard overbought at this level: N, SNA, and TXU
To a sell: The XAU hourly at 11 AM yesterday.
Anything posted here may be off base.

Monday, May 29, 2006

MDC (MDC Holdings Inc.) looks like a buy at this point.

Daily Update for: 5/30/06

YI: +0.5

To a buy here: MDC
Trying to bottom out in this area is: CAKE
Standard oversold at this point: OCR
Trying to hold some rising trend line support now: ADP and the VXO
Trying to hold some falling trend line support is: MRVL
To a hold at this juncture: FDP
Trying to break above some falling trend line resistance: BKC, CREE, F, JNPR, LYO, NVLS, RADN, SBUX, SCHW, SEE, TSY, WHR, and the XCI index.
Attempting to break above the 28 DMA here: ECA, ERF, EWC, FDP, KEA, OXY, RIG, and TRF
Now up against some rising trend line resistance: BGF
Moderately overbought now: AMZN, BHI, CUP, EBAY, XLP, and YHOO
A possible top may be forming in this area for: CPB and GM
Anything posted here may be off base.

Friday, May 26, 2006

PMCS (PMC-Sierra, Inc.) looks like a buy here.

Daily Update 5/26/06

The YI is now at the zero line once again.

To a buy: PMCS
A possible bottom may be forming in this area for: AU, FCX, IFN, JNPR, RDC, and RHAT
Now attempting to bottom out are: ACF, EMC, EOG, GG, INTC, PHI, SHI, SPC, TSM, and the XNG index.
Extremely oversold at this point: XMSR
Standard oversold now is: ELY
Moderately oversold: BKC, MCD, and NWL
Trying to hold some rising trend line support here: AMD, CLG, and NSM
Gold is attempting to hold the 50 day moving average.
Trying to break above some falling trend line resistance: EWJ, FBR, GE, HMC, Q, TZOO, and VIGN
KO is now up against some rising trend line resistance.
ADP and JNJ are moderately overbought at this juncture.
Anything posted here may be off base.

Thursday, May 25, 2006

AMAT (Applied Materials, Inc.) is possibly bottoming out in this area.

Daily Update 5/25/06

YI: -1

A possible bottom may be forming in this area for: AMAT
Trying to bottom out: APPB, EWJ, FBR, MFLX, NXL, the 4Q, RFMD, TSS, and the YI
Standard oversold now are: CREE, the E-Mini 500, JWN, NSM, NVLS, the OEX index, PNRA, QCOM, RADN, SMH, STP, and VIGN
Moderately oversold at this point: AAPL, DVY, PETM, PMCS, and YCC
Trying to hold some rising trend line support here: EWP, GE, HIT, JOSB, PHI, PLL, SCHW, SKS, SNDK, SYMC, and XLU
Attempting to hold horizontal trend line support: BBBY
Trying to hold some falling trend line support: STX and WON
To no position: The XAU hourly at 3 PM yesterday.
To a hold for now: RGLD
Attempting to break above some falling trend line resistance here: The BTK index and PG
Attempting to break above the 28 day moving average is: TMO
Now up against some rising trend line resistance: CBK
Anything posted here may be off base.

Wednesday, May 24, 2006

RMBS (Rambus Inc.) is trying to form some type of bottom in this area.

Daily Update 5/24/06

YI: -1.5

Possible bottom forming in this area for: CDE, PDE, and RMBS
Trying to bottom out here: CLF, IIT, MFE, MTU, and SMTC
Extremely oversold at this point is: MFLX
Standard oversold now: SHI
Moderately oversold at this point: AHO, BAA, the DRG index, EWI, NTES, PPG, RHAT, SKS, and WGII
Trying to hold some rising trend line support: AMN, IRF, and KMX
Trying to hold some falling trend line support: CAKE, CHC, MDT, and MMC
Now trying to break above some falling trend line resistance: BAA, the BKX index, the DJ-30, EWA, EWP, GFI, GOOG, HIT, IIT, MSO, the OEX index, OGE, PHG, RNR, and the S&P-500
Attempting to break above the 28 DMA here: ABX, AEM, and AMZN
Standard overbought at this point: CPB
To a sell: The XAU index at 3 PM yesterday.
Anything posted here may be off base.

Tuesday, May 23, 2006

RGLD (Royal Gold, Inc.) looks like a buy.

Daily Update 5/23/06

YI: -0.5

To a buy: RGLD and the XAU index at 1 PM yesterday.
Trying to bottom out here: AIG, ASA, BKS, BMS, CDE, IBM, KEA, MG135, MOT, PCU, RDC, TKR, WB, and WHR
Standard oversold at this point: EOG, GFI, HIT, and JNPR
Moderately oversold: ABX, CAT, HMC, MFE, OCR, and XLF
Trying to hold some rising trend line support: AEM, COP, DO, ENER, GLW, heating oil, IYM, MTU, N, NFI, RMBS, SWC, TSM, WTS, and the XAU index.
Trying to hold some falling trend line support: MCD
Attempting to hold the 28 DMA here: gold and N
Trying to break above some falling trend line resistance: ADP, EBAY, the E-Mini 500, GPC, MAT, and NST
Attempting to break above the 28 DMA here: MCRS and Q
Moderately overbought at this point: BKC
A break out in either direction is on the way for: STMP
Anything posted here may be off base.

Saturday, May 20, 2006

FDP (Fresh Del Monte Produce) after suffering for over two months looks interesting.

Daily Update for 5/22/06

YI: 0 (Right on cue, the YI +0.5/-0.5 area turned out to be an area of support for the market, although it may turn out to be temporary.)

To a buy: FDP and the XAU hourly at 1 PM yesterday.
A possible bottom may be forming here for the IIX and the XCI index.
Trying to bottom out in this general area are: AA, ALEX, AMAT, ARM, AU, BBBY, BPOP, CREE, CSTR, ECA, ENER, FCX, GLW, IWM, KGC, LSS, MG136, NEM, NFI, NG, the OEX index, PDE, PHG, PNRA, REDF, RGLD, RIO, SFY, SIFY, the S&P-500, SPIR, SUN, SWC, THQI, WOR, WY, the XAU index, XLE, XLK, the XOI index, and YHOO
Standard oversold at this point: AMN, the BTK index, CLF, ERICY, FCX, GG, JOSB, NSC, SLV, and the VXO
Moderately oversold now: AEM, APPB, ARM, BKS, the BKX index, BMS, CHK, CLG, the DJ-30, DO, EWA, EWC, EWP, EWU, FTO, GR, HMY, IYM, LSI, MOT, NOK, PBY, PCU, PHI, PLL, PTR, QCOM, RDC, REDF, RIG, SCHW, SHI, SPC, SU, SYMC, TKR, and TTH
Now trying to hold some rising trend line support: BA, BHI, DVY, the E-Mini 500, EWU, GLG, IFN, NSM, NTES, PETM, PG, the 4Q, RHAT, RIG, and XLB
Trying to hold some falling trend line support here: AIG, EOG, and MG135
Attempting to hold on to the 28 day moving average: CMI, gold, and TXU
Now trying to break above some falling trend line resistance: GT, HIT, NWL, SU, VZ, and the XAU hourly.
Moderately overbought now: ENR
A break out in either direction is on the way for: BGF
Anything posted here may be off base.

Friday, May 19, 2006

GNSS (Genesis Microchip Inc) is trying to form a bottom in this area.

Daily Update 5/19/06

YI: -0.5

Possible bottom here for: AMTD, CHC, and GNSS
Trying to bottom out in this area: AMZN, the IIX index, and MMC
Standard overold at this point: CAKE and SEE
Moderately oversold: AMAT, BBBY, EWG, EWJ, GT, heating oil, IBM, IDA, KGC, LMT, MTU, NFI, NXL, OXY, POM, RIO, SLE, X, the XAU index, and the XOI index.
Trying to hold some rising trend line support: AAPL, CAT, CHINA, ERF, EWU, FBR, GR, LSS, PPG, TIE, and the XNG index.
Trying to hold some falling trend line support: INTC and XRX
Attempting to hold the 28 DMA here: MCRS and MDC
Anything posted here may be off base.

Thursday, May 18, 2006

STX (Seagate Technology Holdings, Inc.) is trying to bottom out again.

Daily Update 5/18/06

YI: 0

To a buy: PLT
Trying to bottom out: STX
Standard oversold: MRVL
Moderately oversold: AAPL, NEM, RFMD, SIFY, SPIR, TMO, WDC, and WMB
Trying to hold some rising trend line support: ABX, CHK, the E-Mini 500, EWD, EWP, EWQ, GG, GM, IIT, INTU, IYM, MG-136, PHG, RGLD, and XLY
Trying to hold horizontal trend line support: YHOO
Trying to hold falling trend line support: PBY and the XCI index.
Attempting to hold the 28 DMA here: BAC, IFR, and LYO
To a hold for now: MAT
Attempting to break above the 28 DMA here: MDT
Anything posted here may be off base.

Wednesday, May 17, 2006

ELN (Elan Corp. PLC) is a wee bit overbought now.

Daily Update 5/17/06

YI: +2

Trying to bottom out in this area: AMD, AMTD, CY, DJ, ELY, EOG, ERICY, JDSU, JNJ, MER, MSO, NVLS, RMBS, and SNE
Standard oversold at this point are: CDE, SMTC, and SUN
Moderately oversold now: ALEX, AU, COP, ECA, EMC, ENER, ERF, EWD, FCX, GFI, GG, GLG, GRZ, HPQ, IIT, MG-135, MG-136, NG, PDE, SFY, SWC, TASR, TRF, the XAU index, and the XNG index.
Trying to hold some rising trend line support: CLG, CREE, DO, RIG, STMP, and USU
Trying to hold some falling trend line support: ACF, MCRS, and NST
Attempting to hold the 28 DMA here: ABX, EWG, IYM, MFE, NLY, PCU, and WTS
To no position for now: IYM and the XAU index at 2 PM yesterday.
Standard overbought at this juncture: ELN
Anything posted here may be off base.

Monday, May 15, 2006

Well... Almost everything has to bottom out sooner or later.

Daily Update for 5/16/06

YI: +2.5

To a buy: The XAU hourly at the close.
A possible bottom may be forming in this area for the dollar.
This bunch is trying to bottom out here: JNPR, JOSB, JWN, PEG, SBUX, SEE, SMH, TSY, VIGN, the XCI index, and XRX
Standard oversold at this point: CHC and INTC
Moderately oversold now: AA, ASA, DUK, the E-Mini 500, GOOG, HIT, the IIX index, INTU, IWM, KMX, LSS, MER, MMC, MU, NSC, the OEX index, PHG, QQQQ, RGLD, SNE, the S&P-500, TSM, the VXO, WHR, WOR, WY, XLB, XLE, and XLK
Trying to hold on to some rising trend line support: AMAT, AMN, BBBY, BHI, BMS, GG, gold, GYMB, HMY, NFI, OGE, OXY, PLL, PNRA, RDC, RIO, SIFY, SU, X, and XLU
Trying to hold some falling trend line support: The BTK index, DELL, DJ, MSCC, PG, and TTH
Attempting to hold the 28 DMA here are: AEM, ARM, AVP, BA, BHI, C, CAT, the DJ-30, EWA, EWJ, EWP, EWQ, FBR, GR, MCD, PHG, PTR, SNA, TIE, TYC, X, and XLP
To no position for now: JCP, PPG, and TIE
Trying to break above some falling trend line resistance at this point are: MDT and SHI
To a sell: The XAU hourly at 10 AM this morning.
Anything posted here may be off base.

Sunday, May 14, 2006

PLT (Plantronics, Inc.) is desperately trying to bottom out in this area.

Daily Update for 5/15/06

YI: +2 (The YI has fallen nicely since it signaled an overbought reading for the market on 5/8/06 with a +4.5 reading... Ideally, we would look for a zero or a plus or minus 0.5 reading before a significant market rally takes place, but there have been times in the past when the YI gapped down below the zero level to an extremely oversold reading, so eventually that will happen once again of course.)

To a buy: MAT and the XAU hourly at 3 PM on Friday.
A possible bottom may be forming in this area for: PLT
These three are trying to bottom out at least temporarily in this area: ADP, PMCS,
and QLGC
Standard oversold at this point are: CSTR, JDSU, RMBS, TSY, and the XCI index.
Moderately oversold now: AIG, AMD, CSCO, CREE, ELY, EOG, GLW, KEA, NSM, NVLS, PNRA, Q, QCOM, RI, SBUX, SMA, STX, TSS, WB, and YHOO
Trying to hold on to some rising trend line support are: AA, ABX, AEM, the BKX index, BMY, CDE, CHK, IBM, IYM, KGC, LMT, LYO, MRK, RADN, RHAT, RNR, SKS, SNDK, SPC, TKR, WOR, and the XNG index.
Trying to hold on to some falling trend line support at this level: AMTD, BPOP, GPC, JOSB, MRVL, THQI, and VIGN
Attempting to hold the 28 DMA here: AAPL, ASA, CBK, CGI, HMC, IDA, IFN, JCP, PDE, SYMC, TZOO, and YCC
To no position for now: IFN
Trying to break above some falling trend line resistance is heating oil...
Anything posted here may be off base.

Friday, May 12, 2006

I think this "snapshot" of TIE (Titanium Metals Corp.) is self-explanatory.

Daily Update 5/12/06

YI: +3

Trying to bottom out here: MDT
Moderately oversold at this point: MSO
Trying to hold some rising trend line support: AHO, AMN, ASA, DJ, EWG, EWJ, EWQ, HPQ, INTC, MOT, MU, NLY, NTES, NWL, and QCOM
Trying to hold some falling trend line support: EMC, JNPR, SMTC, VZ, WOR, and XMSR
Attempting to hold the 28 DMA here: The DRG index, GE, INTU, RADN, and TMO
To no position for now: MDC
Trying to break above some falling trend line resistance at this point is: ACAS
Now up against some rising trend line resistance: ERF, FXE, and KGC
Moderately overbought now: CLG, REDF, and WMB
Standard overbought at this point: AU, CMI, CUP, EWP, GM, NEM, and the XNG index.
A possible top may be forming in this area for OXY and PCU
To a sell: The XAU hourly at 11 AM yesterday, and TIE
Anything posted here may be off base.

Thursday, May 11, 2006

ABX (Barrick Gold Corp.) looks a bit toppy here...

Daily Update 5/11/06

YI: +4

Moderately oversold at this point: BPOP, STP, and SUN
Trying to hold some rising trend line support at this juncture: AAPL, BAC, ELY, GE, JNPR, NVLS, PHI, RFMD, SMH, and WB
Trying to hold some more rising trend line support here: ERICY
To no position for now: FXE
Trying to break above some falling trend line resistance: EBAY, GFI, heating oil, and JDSU
Attempting to break above the 28 DMA here: F, MCRS, MER, and SPC
Now up against some rising trend line resistance: AEM, CAT, ECA, GG, and PETM
Moderately overbought now: FCX, LSI, MCD, and XLP
Standard overbought at this juncture: CLF, GLG, IIT, WGII, and XLB
Extremely overbought now: EWI and EWU
A possible top may be forming in this area for: AA, KO, and WTS
Probable top here for ABX
To a sell: IYM and JCP
Anything posted here may be off base.

Wednesday, May 10, 2006

XMSR (XM Satellite Radio Holdings, Inc.) is trying to bottom out in this area.

Daily Update 5/10/06

YI: +4.5, so the market is getting overbought again.

Trying to bottom out in this area: XMSR
Standard oversold at this point: EBAY
Moderately oversold now: CSTR
Trying to hold some rising trend line support: OCR, SNE, and VZ
Attempting to hold some falling trend line support: MAT
To no position for now: The XAU hourly.
Trying to break above some falling trend line resistance: ALEX, EMC, INTC, PETM, and the XOI index.
Attempting to break above the 28 DMA here: CREE, TTH, and XLK
Now up against some rising trend line resistance: AA, ARM, RADN, and SKS
Standard overbought at this point: FTO
A possible top may be forming in this area: The BKX index, CPB, and IRF
To a sell: IFN
A break out in either direction is on the way for: SHI
Anything posted here may be off base.

Tuesday, May 9, 2006

Blogger would not let me upload the daily update for a while this morning. In the future when this happens, click on the link below.

http://www.siliconinvestor.com/subject.aspx?subjectid=34804

Daily Update 5/9/06

YI: +4

To a buy: The XAU hourly at noon yesterday.
Trying to bottom out: GNSS
Moderately oversold: QLGC
Trying to hold some rising trend line support: ERF, HMC, LSI, LSS, PBY, PDE, and the XAU index.
Attempting to hold the 28 DMA here: AU and NEM
Trying to break above some falling trend line resistance: NTES, TSY, WON, and the XNG index.
Attempting to break above the 28 DMA here: AMTD, JOSB, MOT, NST, SIFY, and THQI
Now up against some rising trend line resistance: BAC, the BKX index, GE, MU, NSM, RIG, and XLF
Moderately overbought at this point: AMAT, HPQ, TYC, and XLU
Standard overbought: The E-Mini 500, MTU, the OEX index, OGE, PLL, and TSM
Extremely overbought: ABX, EWG, RWJ, IRF, and PTR
A possible top may be forming in this area for: BA, C, CAT, the DJ-30, DVY, GT, HIT, and NWL
Probable top here: EWQ
To a sell: FXE
A break out in either direction is on the way for: LMT
Anything posted here may be off base.

Monday, May 8, 2006

Daily Update 5/8/06

YI: +4

Trying to bottom out in this area: F and RGLD
Moderately oversold at this point: JDSU and PG
Attempting to hold some rising trend line support: GFI, heating oil, KGC, SUN, and TRF
To no position for now: AEM and JCP
Trying to break above some falling trend line resistance: ABS, AMD, the BTK index,
GOOG, LMT, MCD, MRK, PEG, PNRA, SGP, SHI, SMH, SNDK, WHR, and XLE
Attempting to break above the 28 DMA here: DJ
Now up against some rising trend line resistance: The DJ-30, FXE, IYM, RIO, SBUX, and TMO
Moderately overbought at this point: APPB, CLF, MG135, MO, NSC, RHAT, SGDE, and the XAU index.
A possible top may be forming in thia area for: CBK and SYMC
Probable top here for: GYMB
To a sell: The XAU hourly at 11 AM on Friday.
A break out in either direction is on the way: CHC, PBY, and TKR
Anything posted here may be off base.

Friday, May 5, 2006

IFN (India Fund, Inc.) seems to be topping out in this area.

Daily Update 5/5/06

YI: +3

Trying to bottom out in this area: TSY
Standard oversold at this point: GNSS
Moderately oversold: ACAS, ALEX, CDE, silver, PMCS, and RMBS
Trying to hold some rising trend line support: ACF, ECA, ERICY, EWC, FTO, KMX, NG, and SU
Attempting to hold horizontal trend line support: BBBY and ENR
Attempting to hold the 28 DMA here: AHO and TKR
Trying to break above some falling trend line resistance: HPQ, THQI, and XMSR
Now trying to break above horizontal trend line resistance: BGF and MCRS
Attempting to break above the 28 DMA here: KEA
Now up against some rising trend line resistance: EWQ
Moderately overbought now: NI and WTS
Standard overbought at this point: QCOM and RNR
Probable top here for: IFN
To a sell: PPG
Anything posted here may be off base.

Thursday, May 4, 2006

MDC (M D C Holdings, Inc.) looks like a buy at this point.

Daily Update 5/4/06

YI: +2.5

To a buy: MDC and the XAU hourly at noon yesterday.
Probable bottom here for: HLR
Trying to bottom out in this area: AMTD and the dollar.
A standard oversold reading at this point for: XMSR
Moderately oversold: GOOG, MSCC, RGLD, and THQI
Attempting to hold some rising trend line support: ARM, FCX, GE, NEM, and PCU
Trying to hold falling trend line support: AMZN and PG
Attempting to hold the 28 DMA here: GRZ, PNRA, and SGP
To no position for now: The XAU hourly at 10 AM yesterday.
Trying to break above some falling trend line resistance: SNE
Attempting to break above the 28 DMA here: CLF and LSS
Now up against some rising trend line resistance: AU, DO, ECA, and EWJ
Moderately overbought at this point: SFY, SYMC, and USU
Standard overbought: ABX, EWD, PTR, and SU
Extremely overbought now: RIO and TXU
A possible top may be forming in this area: BAA, BHI, ERF, KGC, OXY, and TRF
Probable top here for: gold, GG, and X
To a sell: AEM
Anything posted here may be off base.

Wednesday, May 3, 2006

JCP (Penney, JC Inc.) looks like a sell in this area.

Daily Update 5/3/06

YI: +3

To a buy: The XAU hourly at 2 PM yesterday.
Trying to bottom out in this area: SEE and the XCI index.
Standard oversold at this point: FDP
Moderately oversold: MCRS, MER, and PETM
Attempting to hold some rising trend line support: AHO, silver, MOT, WY, XLK, and YCC
Trying to hold falling trend line support: The BTK index, F, and MDC
Attempting to hold the 28 DMA here: KMX, MSO, PLT, and SCHW
To no position for now: GG and TIE
Trying to break above some falling trend line resistance: CHK, KEA, STP, and the YI.
Attempting to break above the 28 DMA here: ELY
Now up against some rising trend line resistance: ASA
Moderately overbought at this point: AU and Q
Standard overbought now: CPB and ERF
A possible top may be forming in this area: IYM and LYO
To a sell: JCP
Anything posted here may be off base.

Tuesday, May 2, 2006

The US Dollar Index is now extremely oversold.

Daily Update 5/2/06

YI: +2

Extremely oversold at this point is the dollar.
Moderately oversold: MAT and SEE
Trying to hold some rising trend line support here: BMY, IIT, NOK, and WHR
Trying to hold falling trend line support: WON
Attempting to hold the 28 DMA here: CMI and GLW
Trying to break above some falling trend line resistance: BKS, DUK, RNR, and SYMC
Attempting to break above the 28 DMA here: AIG and NXL
Now up against some rising trend line resistance: EWU, gold, IRF, and KGC
Moderately overbought at this point: BGF, the DRG index, DVY, GE, MFE, OCR, QLGC, SKS, and WDC
Standard overbought: AVP, BAA, BAC, the BKX index, C, CGI, NFI, SNA, and WB
Extremely overbought: EWA, FXE, and TRF
A possible top may be forming in this area: EWI, EWP, and PHI
To a sell: The XAU index at noon yesterday.
Anything posted here may be off base.

Monday, May 1, 2006

DELL (Dell Inc.) may be forming a bottom in this area.

Daily Update 5/1/06

YI: +3

To a buy: The XAU hourly at 10 AM on Friday.
A possible bottom may be forming in this area for DELL and MDC
These four stocks are trying to bottom out: CHC, CLF, LSS, and SIFY
Moderately oversold at this point: GPC, NTES, WOR, WTS, and WY
Attempting to hold some rising trend line support: ADP, CSTR, IFN, PETM, PHG, and SHI
Trying to hold falling trend line support: MCRS and REDF
Attempting to hold the 28 DMA here: AA, ENER, heating oil, INTU, IWM, NG, PBY, RDC, SGDE, SNE, SWC, and VIGN
Trying to break above some falling trend line resistance: ABS, CPB, DJ, EOG, SNDK, and TTH
Attempting to break above the 28 DMA here: LSI
Now up against some rising trend line resistance: SCHW
Moderately overbought at this point: AAPL, FBR, NWL, and PG
Standard overbought: LYO
Extremely overbought: BHI
A possible top may be forming in this area: TMO
Anything posted here may be off base.