Monday, July 31, 2006
Daily update based on closing prices of 7/28/06.
YI: +0.5
To a buy: AMZN, WTS, and the XAU hourly at 10 AM on Friday.
Possible bottom here for: JNPR and QCOM
Trying to bottom out now: GLW, LSS, and PNRA
Moderately oversold at this point: OCR and PPG
Trying to hold some rising trend line support: The dollar, SU, and WB
Trying to hold some falling trend line support: PCF, NTES, and USU
Trying to break above some falling trend line resistance: ASA, CAT, CSTR, EWD, EWK, GLG, HIT, HPQ, MSCC, SMTS, and STP
Attempting to break above the 28 DMA here: GT, IIT, SMH, and TSM
Moderately overbought now: NWL, PHI, and T2105
A possible top may be forming in this area for: MRK and NG
To a sell: TXU
Anything posted here may be off base.
Friday, July 28, 2006
Daily update based on the closing prices of: 7/27/06
YI: -0.5
To a buy: MRVL
Extremely oversold now: PLT
Standard oversold: AMZN, GLW, and PNRA
Moderately oversold: BAA
Trying to hold some rising trend line support: GOOG
Trying to hold some falling trend line support: JNPR
To no position for now: HIT
Trying to break above some falling trend line resistance: BHI, BMS, CHK, DO, EWI, GG, MG135, NVLS, PDE, SNDK, VZ, XLE, and the YI
Attempting to break above the 28 DMA here: C, GRZ, HIT, RDC, STP, and WY
Now up against some rising trend line resistance: KGC
Moderately overbought now: COP, ECA, EOG, EWP, EWU, HMC, MDT, MSO, PHG, SFY, SNA, SNE, and SYMC
Standard overbought at this point: DVY, NG, NST, OXY, POM, PTR, RNR, and WMB
Extremely overbought: TXU, the XNG index, and the XOI index.
Possible top here for: AIG, the DRG index, ENR, and GM
To a sell: The XAU hourly at 11 AM yesterday.
A break out in either direction is on the way for: CAT
Anything posted here may be off base.
Wednesday, July 26, 2006
Daily update for 7/26/06 end of day prices.
YI: -0.5
To a buy: FDP
Trying to bottom out: RMBS
Standard oversold now: NSC
Trying to hold some rising trend line support: QCOM and WDC
Trying to break above some falling trend line resistance: AAPL, ARM, AU, BKC, DELL, ELN, ERICY, F, MG136, MMC, RIG, SMH, SNE, the S&P-500, SU, SUN, TIE, TMO, TSM, and the XAU hourly chart.
Attempting to break above the 28 DMA here: EWJ, GR, LYO, NWL, SCHW, the XCI index, and XLK
Up against some rising trend line resistance now: GM and NXL
Moderately overbought at this point: AEM, AIG, CY, DJ, the DJ-30, the E-Mini 500, MOT, the OEX index, TTH, and the VXO
Standard overbought here: IDA and INTU
A break out in either direction is on the way for: IFN
Anything posted here may be off base.
Daily Update for 7/26/06
YI: -1
Possible bottom here for: WY
Trying to bottom out: AA and WON
Now trying to break above some falling trend line resistance: CAKE, COP, CSCO, CUP, ENER, EOG, ERF, EWA, EWP, GT, IRF, IWM, IYM, MDT, MFLX, OXY, PCU, PHI, QLGC, SWC, the XAU index, and XRX
Attempting to break above the 28 DMA here: ELY, SNDK, and WHR
Now up against some rising trend line resistance: The BKX index, BMY, and XLP
Moderately overbought at this point: The DRG index, and SGP
Standard overbought now: MRK
Extremely overbought: LMT
Possible top here: BAC
A break out in either direction is on the way for: SHI and TRF
Anything posted here may be off base.
Tuesday, July 25, 2006
A very late daily update today...
YI: -1.5
To a buy: AMD, CSCO, STMP, and the XAU hourly and 10 AM yesterday.
Trying to bottom out: ALEX, APPB, DELL, EBAY, ENR, the IIX index, MU, RIG, and WY
Extremely overbought: MRVL
Standard overbought: NTES and X
Moderately oversold: AA, ABX, ASA, BHI, CDE, CLF, FCX, GFI, GG, GLG, HMY, HPQ, MG135, MG136, NEM, SNA, SUN, WDC, the XAU index, and XLB
Trying to hold some risising trend line support: BGF, gold, SLV, and STX
Trying to hold some falling trend line support: ADP, BKC, BMS, IRF, TSM, and WTS
Attempting to hold the 28 DMA: AEM, the dollar, SFY, and WMB
Trying to break above some falling trend line resistance: EWQ, GE, HMC, PHG, and PNRA
Attempting to break above the 28 DMA: REDF
Moderately overbought: AHO, KEA, and KO
Extremely overbought: MO
A break out in either direction is on the way for: AAUK and OCR
Anything posted here may be off base.
Saturday, July 22, 2006
Daily Update for: 7/24/06
YI: -3
Attempting to bottom out now: PBY and YHOO
Standard oversold at this point: AMAT, RDC, and VIGN
Now moderately oversold: GOOG, heating oil, INTC, IWM, LSS, and PETM
Trying to hold some rising trend line support here: ARM, COP, ECA, the E-Mini 500, IYM, JCP, NLY, RGLD, and TMO
Trying to hold some falling trend line support: ALEX, FDP, TZOO, and XRX
To a hold for now: AMD
Trying to break above some falling trend line resistance: MER
Attempting to break above the 28 DMA here: BBBY, HMC, MDT, and NOK
Moderately overbought now: AAPL
Standard overbought now: N
A possible top may be forming in this area for: NST
A break out in either direction is on the way for: ERF
Anything posted here may be off base.
Friday, July 21, 2006
Daily Update Part II for 7/21/06
Now extremely oversold: RMBS
Standard oversold: YHOO
Trying to hold some falling trend line support: NSM and PNRA
To no position for now: MAT
Trying to break above some falling trend line resistance: KO, MDT, PTR, RIO, TSM, TTH, WDC, XLF, and XLK
Attempting to break above the 28 DMA here: MU, the OEX index, RFMD, RHAT, SLE, SYMC, TTH, and UMC
Up against rising trend line resistance: NST, OGE, POM, and TXU
Moderately overbought: MRK, NFI, NXL, STX, SVU, THQI, TSS, and XLP
Standard overbought: PEG
Possible top here: XLU
Anything posted here may be off base.
Daily Update: 7/21/06
YI: -2
Moderately oversold: CUP
Trying to hold some rising trend line support: EOG
Attempting to hold the 28 DMA here: BAA
Trying to break above some falling trend line resistance: BA, the DRG index, EMC, ENR, EWD, EWG, GR, GT, GYMB, and HPQ
Attempting to break above the 28 DMA here: EWI, EWQ, EWU, GLW, GNSS, and IBM
Now up against some rising trend line resistance: BMY, CHC, and IDA
Moderately overbought at this point: ACAS, AMTD, AVP, BAC, the BKX index, and DVY
To a sell: The XAU index at 10 AM yesterday.
A break out in either direction is on the way for: CHK and IIT
More later.
Anything posted here may be off base.
Thursday, July 20, 2006
Here is the rest of the TA work for today.
Possible bottom here for: SMTC
Trying to bottom out: SEE, SWC, and TYC
Trying to hold some rising trend line support: VXO
Attempting to hold the 28 DMA: TZOO and the XAU index.
Trying to break above some falling trend line resistance: TRF, USU, WB, WOR, and WY
Anything posted here may be off base.
Daily Update: 7/20/06
YI: -1.5
To a buy: AMD, BBBY, and HIT
Possible bootom here: AMN, MMC, PLT, and RADN
Trying to bottom out: DO, ELN, FBR, PDE, QQQQ, REDF, and RI
Extremely oversold: CAKE
Moderately oversold: GYMB and RIG
Trying to hold some falling trend line support: GOOG
Attempting to hold the 28 DMA here: GFI, gold, HMY, JOSB, PHI, and RNR
Trying to break above some falling trend line resistance: ALEX, BMS, BPOP, CLF, CY, DELL, ELY, IFN, IIT, IWM, LSI, MFE, MOT, NG, NLY, NVLS, RFMD, and SBUX
Attempting to break above the 28 DMA here: AIG and BKS
Moderately oversold now: MAT and MCD
More later.
Anything posted here may be off base.
Wednesday, July 19, 2006
Daily Update for: 7/19/06
YI: -3
To a buy: The XAU at 2 PM yesterday.
Trying to bottom out: ALEX, EWG, EWJ, IBM, MSO, and PLT
Extremeley oversold: MDC and SPC
Standard oversold: DO, ELN, IFN, and PLL
Moderately oversold: AAUK, the BTK index, CBK, ECA, ENR, EWD, EWP, MSCC, MTU, NG, NTES, TRF, X, and XRX
Trying to hold some rising trend line support: ABX and JCP
Trying to hold some falling trend line support: BBBY, MRVL, PDE, and SIFY
Attempting to hold the 28 DMA here: COP, EOG, KGC, NEM, OXY, PTR, XLE, and the XNG index.
To a hold for now: ELY
Trying to break above some falling trend line resistance: AAPL, AMZN, APPB, ARM, ERICY, the IIX index, IRF, NOK, PHG, QCOM, RHAT, and WGII
Attempting to break above the 28 DMA: AMTD, ASA, AU, and PBY
Moderately overbought at this point: The US dollar.
Anything posted here may be off base.
Tuesday, July 18, 2006
Daily Update: 7/18/06
YI: -3.5
Possible bottom here for: HIT and IRF
Trying to bottom out in this area are: BA, GE, HMC, JNPR, JWN, MCRS, NSC, NWL, the OEX index, SNDK, SNE, VZ, and WTS
Extremely oversold now: STMP
Standard oversold at this point: AIG, BPOP, CY, IBM, MSO, NOK, the QQQQ, RI, SEE, and TASR
Moderately oversold: AMZN, BMS, the DRG index, EWI, EWQ, EWU, FXE, GR, MER, REDF, TYC, WGII, and XLF
Trying to hold some rising trend line support: AA, ACAS, CDE, CLF, CSTR, the DJ-30, DO, EWA, IDA, IIT, WB, and the XNG index.
Trying to hold some falling trend line support: AMD, EBAY, F, RDC, and TIE
Attempting to hold the 28 DMA here: GM, INTU, NFI, NXL, and PG
Trying to break above some falling trend line resistance: BKC, CHINA, MAT, N, PEG, Q, SBUX, and STP
Attempting to break above the 28 DMA here: PETM
To a sell: The XAU hourly at 10 AM yesterday.
A break out in either direction is on the way for: GRZ
Anything posted here may be off base.
Monday, July 17, 2006
Daily Update for: 7/17/06
YI: -3.5
To a buy: The XAU hourly at 10 AM on Friday.
A possible bottom may be forming in this area for: PMCS
Trying to bottom out in this area are: ACF, APPB, BKS, DJ, ERICY, HIT, the IIX index, LSI, MMC, SCHW, TIE, TSM, and the XCI index.
Extremely oversold: CREE and XMSR
Standard oversold at this point: DELL and WY
Moderately oversold now: ADP, ALEX, AMN, C, CAT, CGI, CHINA, the E-Mini 500, EWG, EWJ, FBR, HMC, HPQ, IYM, JWN, MCRS, the OEX index, PHG, PNRA, PPG, RIO, SKS, SNE, SWC, TKR, TSS, the VXO, VZ, WDC, and XLB
Trying to hold some rising trend line support: The BKX index, BMY, the BTK index, CBK, FXE, GYMB, KO, LYO, MG136, NST, POM, SGP, SNA, the S&P-500, WON, the XAU index, and XLP
Trying to hold some falling trend line support at this point are: CAKE, ELY, EMC, QCOM, RI, and USU
Attempting to hold the 28 DMA here: AAUK, ABX, BAC, CHC, CMI, CPB, EWC, GG, GLG, GOOG, LSS, MG135, PCU, Q, RIG, SHI, SUN, WOR, and YHOO
Trying to break above some falling trend line resistance: GNSS, PTR, and THQI
Attempting to break above the 28 DMA here is: THQI
Now up against some rising trend line resistance: Heating Oil
A break out in either direction is on the way for: CUP
Anything posted here may be off base.
Friday, July 14, 2006
Daily Update: 7/14/06
YI: -3
Trying to bottom out: CSCO, ENER, MDC, STP, and YCC
Standard oversold: AAPL, JNPR, and XLK
Moderately oversold: ERICY, INTC, MFE, NSC, and SBUX
Trying to hold some rising trend line support: AHO, CLG, IWM, MRK, MTU, PG, TTH, TYC, and WTS
Trying to hold horizontal trend line support: BMS
Trying to hold some falling trend line support: AMTD, CHINA, IRF, MFLX, MSO, MU, SMH, and WHR
To a hold for now: GT
Trying to break above some falling trend line resistance: The dollar and SYMC
Moderately overbought: BAA
Possible top here: TXU
Anything posted here may be off base.
Thursday, July 13, 2006
Daily Update for: 7/13/06
YI: -1.5
Trying to bottom out in this area: PMCS
Standard oversold at this level: FDP and YCC
Moderately oversold at this point: ACF
Trying to hold some rising trend line support now: ENER, the E-Mini 500, EWI, EWQ, GR, MCRS, MER, and PTR
Trying to hold some falling trend line support: PLL, SMTC, and the XAU hourly.
Attempting to hold the 28 DMA here: CUP, FXE, and TKR
Now trying to break above some falling trend line resistance: BKC, CLF, PBY, and SNDK
Now up against some rising trend line resistance: CDE, KGC, and MG136
Moderately overbought now: CHC
Standard overbought at this point: LMT
A possible top may be forming in this area for: IDA, NFI, and NST
Anything posted here may be off base.
Wednesday, July 12, 2006
Daily Update 7/12/06
YI: 0
Possible bottom here for: DELL, QCOM, RHAT, and STMP
Trying to bottom out near this level are: AMAT, BPOP, GLW, GNSS, IFN, IRF, MU, QQQQ, RFMD, SMH, SMTC, THQI, and XLK
Extremely oversold at this point: PMCS
Standard oversold: PLT, QLGC, and SNDK
Moderately oversold: CSCO, GRZ, the IIX index, NWL, PETM, SCHW, TIE, and the XCI index.
Trying to hold some rising trend line support: AMZN, ELN, heating oil, NSC, REDF, RIO, VZ, WHR, and XLB
Trying to hold horizontal trend line support: CY and SEE
Trying to hold some falling trend line resistance: KEA, MOT, N, and SPC
Attempting to hold the 28 DMA jere: AA, the BTK index, DO, ENR, INTC, IYM, KMX, MG136, SU, and TTH
Trying to break above some falling trend line resistance: BHI and TASR
Attempting to break above the 28 DMA here: AIG and SLE
Moderately overbought now: C, JNJ, KO, and MTU
A possible top may be forming in this area for: OGE
A break out in either direction is on the way for: GR and SNA
Anything posted here may be off base.
Tuesday, July 11, 2006
Daily Update 7/11/06
YI: -1
Trying to bottom out: KEA
Standard oversold: IRF
Trying to hold some rising trend line support: AU, BMS, CHC, COP, CPB, ERICY, GG, heating oil, NG, SBUX, SIFY, SUN, and VIGN
Trying to hold some falling trend line support: AMAT, CLG, and GNSS
Attempting to hold the 28 DMA: AMN, ARM, CSTR, ERF, and IWM
Trying to break above some falling trend line resistance: ACF and F
Attempting to break above the 28 DMA: WON
Moderately overbought: XLP and XRX
A possible top may be foorming in this area for: AA
Anything posted here may be off base.
Sunday, July 9, 2006
Daily Update for: 7/10/06
YI: -1
Trying to bottom out in this area: RHAT and SYMC
Standard oversold at this point: EBAY
Moderately oversold now: GLW
Trying to hold some rising trend line support here: CHINA, CMI, the DJ-30, GFI, HMY, MFE, RDC, TRF, and XLK
Trying to hold some falling trend line support: BKC, CAKE, CREE, ELY, IBM, and TTH
Attempting to hold the 28 DMA here: AMZN, FBR, TSS, and VZ
To a hold for now: CREE
Trying to break above some falling trend line resistance: JOSB and LMT
Attempting to break above the 28 DMA here: WHR
Now up against some rising trend line resistance: RNR
Moderately overbought at this point: The DRG index, gold, and TZOO
Standard overbought now: MO
Anything posted here may be off base.
Friday, July 7, 2006
Late posting today because of ISP or Blogger problems.
YI: 0
Trying to bottom out: PLL
Standard oversold: MRVL and STMP
Moderately oversold: BA and SNDK
Trying to hold some rising trend line support: AAUK, AMN, ENR, IFN, INTC, LSS, MTU, NG, PCU, QLGC, SMH, SNA, SU, TIE, X, the XCI index, and XLE
Trying to hold some falling trend line support: AAPL
Attempting to hold the 28 DMA here: BMY
Trying to break above some falling trend line resistance: C, GPC, and SPIR
Attempting to break above the 28 DMA here: TASR
Moderately overbought at this point: BAC and MER
A possible top of some type may be forming in this area for: COP
Anything posted here may be off base.
Thursday, July 6, 2006
Daily Update 7/6/06
YI: -0.5
Trying to hold some rising trend line support: CHK, HMC, INTU, NWL, RIG, VIGN, and WDC
To a hold for now: AMD and BBBY
Trying to break above some falling trend line resistance: ACAS, EOG, SLE, and the VXO
Attempting to break above the 28 DMA here: IBM, MSO, REDF, and RMBS
Moderately overbought now: CDE, FCX, KGC, LMT, MG135, NFI, NG, the OEX index, PHI, RGLD, the S&P-500, WGII, and XLU
Standard overbought at this juncture: BGF, FTO, GOOG, and WOR
Extremely overbought now: OGE
A possible top of some type may be forming in this area for: SFY, SU, and the XNG index.
A break out in either direction is on the way for: ENER
Anything posted here may be off base.
Wednesday, July 5, 2006
Daily Update 7/5/06
YI: +0.5
Trying to bottom out: BKC
Trying to break above some falling trend line resistance: DRG index, QLGC, RFMD, XLF, and XRX
Attempting to break above the 28 DMA here: CY, DJ, ELY, GRZ, IIT, JNPR, MOT, NOK, PLT, PMCS, and RDC
Now up gainst some rising trend line resistance: CPB and NLY
Moderately overbought now: AHO, AMN, ASA, AVP, the BTK index, CHK, DVY, ERICY, EWA, EWC, EWD, FXE, GG, IDA, MRK, NST, PDE, PHG, PPG, SNA, TMO, TTH, VZ, WB, WDC, the XAU index, and XLB
Standard overbought here: CLG, CMI, and TXU
A possible top may be forming in this area for: INTU
Anything posted here may be off base.
Monday, July 3, 2006
Daily Update 7/3/06
YI: 0
To a buy: F
Standard oversold: BKC and RHAT
Moderately oversold: MU
Trying to hold some falling trend line support: APPB
Attempting to hold the 28 DMA: CGI
To no position for now: The XAU hourly.
Trying to break above some falling trend line resistance: ADP, AIG, ALEX, AMTD, BAC, BKC, the BKX index, BMS, heating oil, HMY, JNJ, NG, PDE, PETM, PMCS, RADN, RDC, RI, RMBS, SFY, SGP, STMP, SYMC, and WHR
Attempting to break above the 28 DMA: ACAS, AMAT, BAA, BPOP, C, CSCO, DELL, ENER, EWJ, GPC, HIT, HMC, LMT, LSI, MER, SCHW, SIFY, SLV, SMH, and STX
Now up against some rising trend line resistance: TXU and XLP
Moderately overbought: AA, AAUK, ABX, AEM, AU, BHI, CAT, CLF, COP, the DJ-30, DO, EWG, EWI, EWP, EWQ, EWU, GFI, GLG, GLW, INTC, IWM, the E-Mini 500, IYM, MCRS, MG135, MU, NEM, NSC, PCU, POM, PTR, Q, RIG, RIO, SBUX, SHI, SU, SUN, TKR, TRF, the VXO XLE, and the XNG index.
Standard overbought: AMZN and GM
Possible top here: EOG, ERF, LSS, OXY, X, and the XOI index.
A break out in either direction is on the way for: MSO and QLGC
Anything posted here may be off base.