- YI: +0.5
- Possible bottom here for: PDS
- Trying to bottom out in this area: ADP and the DRG index.
- Standard oversold: CBK
- Moderately oversold: GPC, IFN, and KFT
- Trying to hold some rising trend line support: CDE, CLF, the DJ-30, MFE, NST, SHI, SKS, SPC, STX, and WSO
- Trying to hold falling trend line support: AMAT, ERIE, GIS, MRVL, NAT, TICC, and VFC
- Attempting to hold the 28 DMA here: CSTR, IDU, SKS, and SPC
- Trying to break above some falling trend line resistance: EWU and FCX
- Attempting to break above the 28 DMA here: ERF
- Up against rising trend line resistance: NOK
- Moderately overbought now: FRO and T2118
- Anything here may be off base.
Monday, December 31, 2007
Based on EOD Dec. 28, 2007.
Friday, December 28, 2007
Based on EOD Dec. 28, 2007.
- YI: +0.5
- Moderately oversold: STX
- Trying to hold some rising trend line support: EJ, ENER, HMC, LOW, and PEP
- Trying to hold falling trend line support: BAC, C, OCR, and WPL
- Attempting to hold the 28 DMA here: ALEX and FBR
- Trying to break above some falling trend line resistance: ASA
- Attempting to break above the 28 DMA here: NSC
- Moderately overbought now: ABX, CREE, GG, RGLD, TOT, TTH, WTS, and XSLV
- Standard overbought: GLD, T, and the XOI index.
- Toppy here: HIT and UN
- A break out in either direction is on the way for: OGE
- Anything here may be off base.
Based on EOD Dec. 28, 2007.
- YI: +0.5
- Trying to hold some rising trend line support: EJ, ENER, HMC, and LOW
- Trying to hold falling trend line support: BAC, C, and OCR
- Attempting to hold the 28 DMA here: ALEX and FBR
- Trying to break above some falling trend line resistance: ASA
- Attempting to break above the 28 DMA here: NSC
- Moderately overbought now: ABX, CREE, and GG
- Standard overbought: GLD
- Toppy here: HIT
- A break out in either direction is on the way for: OGE
- More later.
Thursday, December 27, 2007
Based on EOD Dec. 26, 2007.
- YI: +2.5
- Trying to bottom out: XMSR
- Trying to hold some rising trend line support: BMY, EXP, and HON
- Trying to hold falling trend line support: TLB
- Trying to break above some falling trend line resistance: AAUK, AIG, AXP, BGF, CSL, EEM, ERIC, FTO, GOOG, GT, the IIX index, LEN, the OEX index, OKE, PCU, PDS, PEG, PTR, QCOM, RIO, ROK, SUN, and TSU
- Attempting to break above the 28 DMA here: ACH, ADP, AMAT, BHP, EEFT, KEY, KFT, NSM, NWL, PBY, SVU, SYY, TCK, and UGP
- Up against rising trend line resistance: IDA, MEOH, and NLY
- Moderately overbought now: The DJ-30, EBAY, FXC, IRF, PLT, and the S&P-500.
- Standard overbought: OXY
- Extremely overbought: SOLF
- Toppy here: AAPL, MPG, PHI, and STP
- A break out in either direction is on the way for: CPB and SMTC
- Anything here could be off base.
Wednesday, December 26, 2007
Based on EOD Dec. 24, 2007.
- YI: +2
- Trying to bottom out here: KMX
- Standard oversold now: FXY
- Trying to hold some rising trend line support: BGF, CBK, and WDC
- Trying to hold falling trend line support: XMSR
- Trying to break above some falling trend line resistance: AA, AAUK, BPOP, DFG, EWI, GFI, GLD, GPC, REDF, SNA, STMP, T, TASR, TICC, and XSLV
- Attempting to break above the 28 DMA here: ABX, ARM, BA, CREE, DVY, GE, GF, GLW, HMC, the IIX index, JCP, MER, RGLD, SHI, SEE, TSM, and WIRE
- Up against rising trend line resistance: IYM, MTD, PEP, PG, and WTS
- Moderately overbought now: AEM, AMTD, AVP, CMI, GGB, HIT, IBM, IWM, JOSB, MMC, PXD, QQQQ, SKS, the VXO, WSO, and WY
- Standard overbought: CLF, SUN, and X
- Extremely overbought now: PHI and UN
- Toppy here: LUFK and MKC
- A break out in either direction is on the way for: GM
- Anything here could be off base.
Monday, December 24, 2007
A Christmas Carol Trailer
Christmas, bah humbug I say! Not even another lump of coal on the fire for you! Get back to work you stock market slave traders!
Based on EOD Dec. 21, 2007.
- YI: +1
- Possible bottom here for ERIC
- Trying to bottom out in this area: EWI, EWP, and PNRA
- Extremely oversold now: RT
- Trying to hold falling trend line support: KEY and PDS
- Attempting to hold the 28 DMA here: FRO
- Trying to break above some falling trend line resistance: ABX, AVP, CREE, the DRG index, FBR, IWM, PLL, PTEN, QQQQ, SMTC, TKR, and WIRE
- Attempting to break above the 28 DMA here: DELL, MOT, and NEM
- Up against rising trend line resistance: ADP, AMAT, MKC, and STP
- Moderately overbought now: CDE, CY, ELY, GOOG, and ROK
- Toppy here: CSTR
- Anything here could be off base.
Thursday, December 20, 2007
Based on EOD Dec.20, 2007.
- YI: -0.5, and T2118 indicates the correction may be stalling out in this area.
- Possible bottom here for: CSL and SNDK
- Trying to bottom out now: GF, LEN, MER, OKE, and SGP
- Standard oversold at this point: KMX, OCR, WOR, and XMSR
- Moderately oversold: GIS, NTES, and TTH
- Trying to hold some rising trend line support: FRO and PXD
- Trying to hold falling trend line support: AXP
- Attempting to hold the 28 DMA here: PEP and T
- Trying to break above some falling trend line resistance: AEM, ALD, AMD, CLF, EBAY, NAT, OXY, QLGC, ROK, and WSO
- Attempting to break above the 28 DMA here: AIG, BGF, FBR, FXC, MSCC, PLT, VFC, and WPL
- Moderately overbought now: CAKE, CSTR, LUFK, MKC, and PHG
- Standard overbought at this point: HON
- Anything here could be off base.
Based on EOD Dec. 19, 2007.
- YI: -1
- Trying to bottom out now: ACAS, ELN, IRF, and NSM
- Moderately oversold: GLW
- Trying to hold some rising trend line support: MFE, NSC, and PEP
- Trying to hold falling trend line support: CREE and GF
- Attempting to hold the 28 DMA here: IDU, PG, and PHI
- Trying to break above some falling trend line resistance: ERIE, GE, MRVL, MSCC, NEM, RGLD, SNA, the S&P-500, and SUN
- Moderately overbought: RYL
- Toppy here: XPLT
- Anything here could be off base.
Wednesday, December 19, 2007
Based on EOD Dec. 18, 2007.
The ol' traditional "Santa Claus rally" time may finally be here now...
- YI: -0.5
- Trying to bottom out: AAUK, ABX, ACH, AEM, AMAT, ARM, BHP, the BKX index, EJ, ERIC, EWA, EWD, EXP, GFI, MSCC, NYB, PCU, PTR, SHI, STMP, SYY, TICC, TLB, TZOO, UGP, WOR, and WPL
- Standard oversold: ADP, BA, and UGP
- Moderately oversold: CAT, CMI, the DJ-30, the DRG index, DVY, EBAY, EEM, ELN, EWJ, EWU, FCX, GF, GG, the IIX index, KFT, MER, NSC, NSM, the OEX index, PAYX, QQQQ, RIO, SNA, the S&P-500, TKR, TOT, TSM, the VXO, WTS, WY, and XLF
- Trying to hold some rising trend line support: CDE, KO, NTES, SNE, STX, X, and XMSR
- Trying to hold falling trend line support: AA, AMD, CREE, EWJ, GLW, MOT, the OEX index, PTEN, REDF, SGP, SMTC, the S&P-500, and TSU
- Attempting to hold the 28 DMA here: AAPL, CY, IYM, JNJ, KO, MCD, and PLL
- Trying to break above some falling trend line resistance: BMY, CAKE, HMC, IDU, and SKS
- Standard overbought: MPG and XPLT
- Anything here could be off base.
Tuesday, December 18, 2007
Monday, December 17, 2007
Based on EOD Dec. 17, 2007.
- YI: -1.5
- Trying to bottom out in this area: AIG, ALD, FXY, LOW, MRVL, RGLD, SNDK, and WB
- Standard oversold now: BAC, BGF, and CAKE
- Moderately oversold: AAUK, AVP, BMY, EWA, EWP, GPC, HMC, IBM, IRF, JWN, KMX, MEOH, NOK, and XSLV
- Trying to hold some rising trend line support: GGB, GLW, GOOG, IDA, MKC, MMC, MTD, NEM, NST, TOT, WTS, and XLU
- Trying to hold falling trend line support: ACH, ASA, BHP, ERIC, EXP, NYB, OKE, RT, SEE, TCK, TICC, and TLB
- Attempting to hold the 28 DMA here: ALEX, IFN, NST, and PEG
- Attempting to break above the 28 DMA here: ERIE
- Moderately overbought now: RMBS and SUN
- Anything here may be off base.
Based on EOD Dec. 14, 2007.
- YI: 0
- Trying to bottom out: MRVL and TCK
- Standard oversold: ACH, DELL, and PLT
- Moderately oversold now: AIG, ASA, BHP, the BKX index, CBK, EXP, GGB, GT, IWM, PNRA, QCOM, RIO, and WOR
- Trying to hold some rising trend line support: ADP, EEFT, EWI, IRF, LUFK, MCD, and MEOH
- Trying to hold falling trend line support: ABX, AEM, AMAT, EWP, FTO, PDS, and XSLV
- Attempting to hold the 28 DMA here: BPOP, CAT, COPS, CPB, FCX, GLD, GLW, GOOG, NSM, and TASR
- Trying to break above some falling trend line resistance: LMT, OGE, SMTC, and SOLF
- Toppy here: BKC, KO, and PEP
- More later. Anything here may be off base.
Sunday, December 16, 2007
Friday, December 14, 2007
Based on EOD Dec. 12, 2007.
- YI: +1.5
- Trying to bottom out here: BAC, BGF, C, CSL, GM, KEY, NWL, SVU, and WIRE
- Standard oversold: ALD, BA, MRVL, and TSU
- Moderately oversold now: AXP, FXY, NYB, PTR, and WB
- Trying to hold some rising trend line support: AA, ERIC, FCX, GG, GOOG, GT, IFN, JCP, JWN, MSCC, NOK, NSM, OGE, PBY, QLGC, STMP, STP, TOL, TSM, and WPL
- Trying to hold falling trend line support: ACAS, the BKX index, DELL, DFG, EWJ, LOW, MER, RGLD, and XLF
- Attempting to hold the 28 DMA here: EWP, HIT, IRF, KFT, KMX, MMC, NTES, PAYX, QQQQ, RNR, TKR, UN, and WTS
- Trying to break above some falling trend line resistance: HON, MPG, and XPLT
- Attempting to break above the 28 DMA here: MFE and the VXO
- Moderately overbought now: AMTD
- Standard overbought: ENER
- Possible top here for: T2118
- Toppy here: T
- Anything here may be off base.
Thursday, December 13, 2007
Based on EOD Dec. 12, 2007.
- YI: +1.5
- Possible bottom here for: ERF
- Trying to bottom out in this area: OKE
- Moderately oversold now: DFG, LOW, RGLD, SGP, and SVU
- Trying to hold some rising trend line support: ABX, ASA, BHP, BPOP, HMC, MTD, SKS, XLU, and XMSR
- Trying to hold horizontal trend line support: WIRE
- Trying to hold falling trend line support: ACH, GOOG, JOSB, NWL, and OCR
- Attempting to hold the 28 DMA here: AVP, BMY, the DJ-30, DVY, EJ, EXP, GIS, IDA, MDC, MTD, NSC, the OEX index, OGE, PCU, RIO, the S&P-500, TOL, WHR, and WOR
- Trying to break above some falling trend line resistance: EEM, EWD, PLL, SPC, and T
- Attempting to break above the 28 DMA here: GE
- Up against rising trend line resistance: PEP
- Moderately overbought now: CDE, FRO, GF, and TTH
- Standard overbought: SNE
- A break out in either direction is on the way for: AMAT
- Anything here could be off base.
Tuesday, December 11, 2007
Based on EOD Dec. 11, 2007.
We had some excellent "stock market blues" today, as the crowd at the Blue Note Cave were jamming away like crazy...
- YI: +1
- Trying to hold some rising trend line support: MMC, REDF, and TKR
- Attempting to hold the 28 DMA here: EEFT
- Up against rising trend line resistance: PLT
- Moderately overbought now: BKC and PHG
- Standard overbought: X
- Possible top here for: STX
- Probable top here for: IFN
- A break out in either direction is on the way for: QCOM, TICC, and XPLT
- Anything here may be off base.
Monday, December 10, 2007
Based on EOD Dec. 10, 2007.
- YI: +2.5
- Trying to hold some rising trend line support: KFT and NSC
- Trying to hold falling trend line support: AXP
- Trying to break above some falling trend line resistance: BA, CREE, DELL, GPC, NAT, NOK, PTEN, QQQQ, the S&P-500, TSU, and WB
- Attempting to break above the 28 DMA here: ACAS, AEM, BA, JCP, LUFK, MSCC, TCK, and TZOO
- Up against rising trend line resistance: GF and PNRA
- Moderately overbought now: BHP, BPOP, GGB, MPG, NLY, NSM, the OEX index, PCU, PNRA, and WOR
- Standard overbought: ALEX, CORS, GOOG, and MCD
- Toppy here: NX and WDC
- Anything here may be off base.
Based on EOD Dec. 7, 2007.
- YI: +1.5
- Standard oversold: GFI
- Trying to hold some rising trend line support: OKE
- Trying to break above some falling trend line resistance: ABX, AMTD, AVP, BAC, BGF, EWI, FRO, FXC, KEY, MFE, MRVL, NYB, the OEX index, PAYX, PDS, RGLD, RT, TASR, WIRE, and XMSR
- Attempting to break above the 28 DMA: ADP, ARM, C, CSTR, EWA, EWD, the IIX index, MOT, PTR, SEE, SHI, SNDK, T2118, TTH, and WPL
- Up against rising trend line resistance: BHP, KO, MTD, NWL, and NX
- Moderately overbought now: AAUK, ACH, AIG, CAKE, CAT, CMI, the DJ-30, DVY, ELY, ENER, FCX, GPC, HON, IRF, IWM, JWN, MDC, MER, OXY, QLGC, QQQQ, RIO, RMBS, RNR, ROK, RYL, the SP-500, TKR, TOL, TSM, the VXO, WB, WHR, and the XOI index.
- Standard overbought: CLF, EXP, HIT, and NSC
- Extremely overbought: AAPL
- Possible top here for: IFN
- Toppy here: EEFT, ELN, and IYM
- A break out in either direction is on the way for: PHG
- Anything here could be off base.
Friday, December 7, 2007
Based on EOD Dec. 6, 2007.
- YI: +1.5
- Trying to bottom out: FXC
- Moderately oversold: ABX and FTO
- Trying to hold some rising trend line support: CREE and KMX
- Trying to hold some falling trend line support: GFI and TICC
- Attempting to hold the 28 DMA here: CBK, FXY, GT, and TLB
- Trying to break above some falling trend line resistance: AAUK, EWP, EWU, GM, MDC, T2118, TCK, and WSO
- Attempting to break above the 28 DMA here: AMAT, PTEN, PXD, REDF, UGP, and WSO
- Up against some rising trend line resistance: EEFT, GGB, MKC, RYL, TKR, and WY
- Moderately overbought now: CORS, EEM, PLL, SMTC, and STX
- Standard overbought: IFN, NST, and NX
- Extremely overbought: IDU and WDC
- Toppy here: The DRG index, and XLU
- Anything here may be off base.
Thursday, December 6, 2007
Based on EOD December 5, 2007.
- YI: -0.5
- Probable bottom here for: ARM
- Trying to bottom out now: ERF and WIRE
- Extremely oversold: RT
- Standard oversold: DELL and GE
- Moderately oversold: GG
- Trying to hold horizontal trend line support: FTO
- Trying to hold falling trend line support: KEY, PDS, SUN, TSS, and VFC
- Attempting to hold the 28 DMA here: CDE, FRO, and NOK
- Trying to break above some falling trend line resistance: AIG, CAT, CLF, CSTR, DVY, GF, IBM, the IIX index, IRF, LUFK, MMC, MSCC, NSM, PLT, QQQQ, TTH, WB, and XSLV
- Attempting to break above the 28 DMA here: AIG, ASA, JWN, OKE, SYY, and WOR
- Now up against rising trend line resistance: GLD, HON, and IDA
- Moderately overbought now: ALEX, CY, EJ, ELN, OGE, TASR, and XPLT
- Extremely overbought: PEG
- A break out in either direction is on the way for: BPOP, OXY, and WTS
- Anything here may be off base.
Wednesday, December 5, 2007
Based on EOD Dec. 4, 2007.
- YI: -2
- Trying to bottom out here: MOT, MSCC, and PBY
- Moderately oversold now: AVP, NAT, and QCOM
- Trying to hold some rising trend line support: AA, AAPL, AMAT, AVP, BHP, CDE, HIT, LMT, MFE, PG, PHG, PHI, ROK, and STX
- Trying to hold falling trend line support: AIG, OCR, and TZOO
- Attempting to hold the 28 DMA here: SPC and SVU
- Trying to break above some falling trend line resistance: AEM, BKC, JCP, and JOSB
- Attempting to break above the 28 DMA here: JOSB and RYL
- Up against rising trend line resistance: NST
- Moderately overbought: SKS
- Standard overbought: XLU
- Toppy here: MCD
- A break out in either direction is on the way for: AMTD
- Anything here may be off base.
Tuesday, December 4, 2007
Based on EOD Dec. 3, 2007.
- YI: -1.5
- Standard oversold: LUFK
- Trying to hold some rising trend line support: ALD, GIS, KO, RGLD, and X
- Trying to hold falling trend line support: BA, CSTR, and WSO
- TTBAFTLR: CDE, DRG, GGB, MDC, T2118
- Attempting to break above the 28 DMA here: The BKX index, MDC, and TOL
- Up against rising trend line resistance: ELY and XMSR
- Moderately overbought now: AXP and EXP
- Toppy here: GLW, HIT, IFN, and PEP
- Anything here may be off base.
Monday, December 3, 2007
Based on EOD Nov. 30, 2007
- YI: -1, so since we are getting close to the YI zero line again, which often acts as an area of resistance or support, we may be in store for some type of pullback in the market fairly soon.
- Trying to bottom out: ERIE
- Standard oversold: AMD, FXC, and PBY
- Moderately oversold: XSLV
- Trying to hold some rising trend line support: ABX and MKC
- Attempting to hold the 28 DMA here: FXY and OGE
- Trying to break above some falling trend line resistance: ACAS, AIG, CMI, CPB, ELN, ERIC, GE, MSCC, NYB, SUN, TOT, and WY
- Attempting to break above the 28 DMA here: AA, ACF, ACH, BPOP, CORS, EJ, ENER, EWD, FCX, GF, HON, IWM, KEY, LOW, MMC, PAYX, PCU, TSM, WB, XLF, and the XOI index.
- Up against rising trend line resistance: AAPL and LMT
- Moderately overbought: AAUK, BMY, the DJ-30, DVY, EWI, EWJ, IYM, KFT, KMX, MCD, MEOH, NLY, NSC, NTES, PNRA, SNA, and X
- Standard overbought: AAPL, EEFT, IDU, IFN, and PG
- Toppy here: CLF, GIS, GOOG, JNJ, and MTD
- Going parabolic: STP
- Anything here may be off base.
Friday, November 30, 2007
Based on the Nov. 30, 2007 close.
- YI: -1.5
- Attempting to bottom out: PDS, PTEN, and PXD
- Standard oversold: MRVL
- Trying to hold falling trend line support: XMSR
- Attempting to hold the 28 DMA here: The VXO and XPLT
- Trying to break above some falling trend line resistance: AA, ACF, ALEX, AMAT, ASA, the BKX index, C, EWA, IDU, IWM, IYM, KMX, LOW, MPG, QCOM, REDF, SEE, TLB, TOL, WSO, and WTS
- Attempting to break above the 28 DMA here: AIG, the SP-500, ALEX, AMAT, BAC, CAT, CMI, CSL, CY, EEM, ELY, EWA, EWU, GGB, GPC, HMC, IBM, the IIX index, MER, NYB, the OEX index, QQQQ, ROK, TASR, and TKR
- Up against rising trend line resistance: BMY, IDA, JNJ, MTD, and PEG
- Moderately overbought: BKC, CLF, CPB, the DRG index, GT, MFE, NAT, NOK, RNR, SGP, STX, and WY
- Standard overbought: GIS and WDC
- Extremely overbought: PEP
- Anything here may be off base.
Thursday, November 29, 2007
Based on EOD Nov. 28, 2007.
- YI: -1.5
- Probable bottom here for: T2118
- Possible bottom here for: BGF, CSTR, and WOR
- Trying to bottom out now: OKE
- Standard oversold: SUN
- Moderately oversold: ELN, FTO, and NWL
- Trying to hold some rising trend line support: ASA and FXY
- Attempting to hold the 28 DMA here: GLD and OXY
- Trying to break above some falling trend line resistance: AMTD, APPB, AXP, CAKE, CBK, DVY, EWG, EXP, KEY, LUFK, MCD, MEOH, MOT, NLY, NSM, RMBS, SNDK, TCK, and TLB
- Attempting to break above the 28 DMA here: ALD, BA, the DJ-30, DVY, EBAY, PLT, the S&P-500, and WHR
- Up against rising trend line resistance: KO and STP
- Moderately overbought now: GLW
- Standard overbought: SNE
- More later. Anything here may be off base.
Wednesday, November 28, 2007
Based on the close of Nov. 27, 2007.
- YI for yesterday: -5
- YI for today: -4
- Possible bottom here for: ACH, AMD, RYL, and SHI
- Trying to bottom out now: AAUK, DVY, EWU, GGB, TASR, and TCK
- Standard oversold now: ACAS, ADP, ERIE, the OEX index, PTEN, and UGP
- Moderately oversold: AEM, ALD, NYB, QCOM, QLGC, and SKS
- Trying to hold some rising trend line support: BPOP, ELY, EWI, MCD, MMC, NST, and PEG
- Trying to hold falling trend line support: BGF, BKX, FCX, GFI, JOSB, KEY, LMT, MPG, NWL, PBY, PCU, PLT, and the XOI index.
- Attempting to hold the 28 DMA here: EWP, IDU, and NEM
- Trying to break above some falling trend line resistance: AMAT, CSL, the DJ-30, GIS, GLW, IBM, MER, NSC, and TSM
- Attempting to break above the 28 DMA here: BKC, CLF, CREE, GLW, JWN, MEOH, NAT, NTES, PLL, SGP, and SNA
- Moderately overbought now: AAPL and GOOG
- Anything here may be off base.
Monday, November 26, 2007
New S&O's based on the November 23, 2007 close.
- YI: -3.5, So the YI may be indicating some type of substantial rally is due in this bear market environment.
- Possible bottom here for: BBBY, C, CHC, CORS, CSL, GNSS, HON, T2118, TKR, and TLB
- Trying to bottom out at this level are: AMAT, AMD, BG, CFC, CY, EMC, ENER, ERF, EXP, GE, GF, IIX, MDC, MOT, NSM, OCR, PCU, UGP, and WSO
- Extremely oversold: ERIC
- Standard oversold: AIG, PAYX, TCK, ROK, RT, RYL, SYY, TOL, TTH, and WIRE
- Moderately oversold: GGB, IFN, OKE, and PXD
- Trying to hold some rising trend line support: FTO, HMC, NSC, QCOM, and SGP
- Trying to hold falling trend line support: AXP, PTEN, and SUN
- Attempting to hold the 28 DMA here: PEG and PHI
- Trying to break above some falling trend line resistance: ACF, BKC, DELL, EEM, GM, LUFK, LYO, MDC, PMCS, REDF, and the S&P-500.
- Attempting to break above the 28 DMA here: DFG and STMP
- Moderately overbought now: IDA, NST, OGE, and TOT
- Extremely overbought: FXY
- Anything here may be off base.
Friday, November 23, 2007
Based on EOD Nov. 21, 2007.
The YI is dragging along the bottom at -5.
Probable bottom here for: ARM
Possible bottom here for: ALEX, and for FBR it is bottom time, or possible bankruptcy time according to price in my opinion, GM, MSCC, RADN, and REDF
Trying to bottom out now: BA, BPOP, C,
CSTR, HON, JCP, PMCS, TZOO, and WB
Extremely oversold now: CREE and PNRA
Standard oversold: GYMB, JPM, LOW, RFMD, TASR, VFC, and XLF
Moderately oversold: CPB, EWA, GLW, MPG, RIO, THQI, and TSS
Trying to hold some rising trend line support: AMTD, FXC, KLIC, SKS, and WDC
Trying to hold falling trend line support: ALEX, CHC, EEM, GGB, IBM, NOK, RMBS, RT, and SMTC
Attempting to hold the 28 DMA here: HMSY, MTD, and SPC
Trying to break above some falling trend line resistance: BHI, GIS, OXY, WPL, and XSLV
Attempting to break above the 28 DMA here: AAPL, ABX, APPB, ENR, FRO, and the XOI index.
Up against rising trend line resistance: BKS, HIT, IDU, and RIG
Moderately overbought now: HIT and XLU
Standard overbought at this level: XPLT
Possible top here for: KO
Anything here may be off base.
Wednesday, November 21, 2007
Based on EOD November 20, 2007.
- YI: -4.5
- Possible bottom here for: CAT
- Trying to bottom out in this area: AAUK, ACAS, ACH, ADP, AMP, BHP, CHC, CMI, CORS, CSL, the DJ-30, EWD, MER, PRAA, and PTEN
- Extremely oversold: CFC, FBR, and RADN
- Standard oversold: BA, BAC, DVY, EJ, EXP, FCX, GM, HON, IWM, and JOSB
- Moderately oversold: AAUK, ASA, the DRG index, ELY, ENER, ERIE, GF, GFI, IIT, IRF, NTES, NVLS, and PHG
- Trying to hold some rising trend line support: BVN, CAKE, CL, ELN, EMC, ERF, GIS, MRVL, NYB, PCU, and PXD
- Trying to hold falling trend line support: AA, ACAS, AIG, BBBY, DVY, and LRW
- Attempting to hold the 28 DMA here: DNR, EEFT, and KMX
- Trying to break above some falling trend line resistance: ACH and DFG
- Up against rising trend line resistance: IDA
- Moderately overbought now: FTO
- Standard overbought: PEP
- Probable top for: ACF
- More later, anything here may be off base.
Tuesday, November 20, 2007
Based on EOD November 19, 2007.
- YI: -5
- Trying to bottom out: KEY, LUFK, PBY, SIFY, TICC, and WHR
- Standard oversold: NAT and NSM
- Moderately oversold: APPB, SLE, and SNA
- Trying to hold some rising trend line support: ENER, GOOG, GPC, IRF, ROK, SVU, and the VXO
- Trying to hold falling trend line support: AU, GFI, IIT, JPM, PNRA, and SHI
- Trying to break above some falling trend line resistance: FRO, MCD, MCRS, QCOM, and TYC
- Attempting to break above the 28 DMA here: PLT
- Toppy at this point: AVP, JNJ, KO, MSCC, PG, and STP
- A break out in either direction is on the way for: AAPL and BG
- Anything here may be off base.
Monday, November 19, 2007
Based on EOD November 16, 2007.
- YI: -4
- Possible bottom here for: BHI
- Trying to bottom out now: AIG, BAC, the BKX index, CAT, EBAY, JNPR, MFE, MTH, the OEX index, RHT, and SEE
- Standard oversold: LUFK, SMH, and TYC
- Moderately oversold: ABX, FXC, GOOG, KFT, and SYY
- Trying to hold some rising trend line support: AAUK, ALEX, GE, GG, GLD, HMC, HMY, MEOH, PBY, PHG, SU, SWC, and TLB
- Trying to hold falling trend line support: ACF, CMI, EWD, GT, JOSB, MDC, PLL, TCK, and the XOI index.
- Attempting to hold the 28 DMA here: AMD, AU, CDE, ENER, IIT, NG, and PXD
- Trying to break above some falling trend line resistance: IDU, KMX, MOT, PAYX, QQQQ, and RIO
- Attempting to break above the 28 DMA here: AMD, HPQ, and SGP
- Up against rising trend line resistance: QCOM
- Moderately overbought now: MKC
- Toppy: SVU
- Anything here may be off base.
Friday, November 16, 2007
Based on EOD November 15, 2007.
- YI: -4.5
- Trying to bottom out now: FRO and NAT
- Moderately oversold: MSCC
- Trying to hold some rising trend line support: APPB, DELL, EWP, HON, and NBR
- Trying to hold falling trend line support: AMTD, ARM, CPB, FBR, IIT, INTU, LSI, and SNDK
- Attempting to hold the 28 DMA here: GLD and XLU
- Trying to break above some falling trend line resistance: AMTD and MER
- Trying to break above the 28 DMA here: BGF, KLIC, PTEN, and USU
- Up against rising trend line resistance: THQI
- Moderately overbought: THQI
- More later. Anything here may be off base.
Thursday, November 15, 2007
Based on EOD November 14, 2007.
- YI: -3.5
- Moderately oversold: BKC
- Trying to hold some rising trend line support: MCD and OKE
- To a hold for now: BPOP
- Trying to break above horizontal trend line resistance: PEP and PG
- Trying to break above some falling trend line resistance: ACF, ALD, AXP, the BKX index, C, CFC, CLF, CMI, CREE, the DJ-30, DVY, ELN, ENR, EWG, EWI, GLD, GM, JCP, KLIC, KO, LOW, MKC, MMC, PHG, PLL, PRAA, QCOM, RDC, RNR, RYL, SHI, SNE, SWC, TCK, VFC, WB, XLF, and XMSR
- Attempting to break above the 28 DMA here: AAPL, ACAS, ADP, AMAT, AMP, BAC, the BKX index, BPOP, the DRG index, DVY, EEM, EWA, EWI, EXP, GF, GLW, JPM, MDC, NWL, RFMD, RT, SFY, STMP, SUN, and XLF
- Up against rising trend line resistance: AU and MOT
- Moderately overbought now: KMX, NYB, SVU, and WY
- Standard overbought: CBK, IIT, and LMT
- Toppy: EEFT, MTD, PHI, and UN
- Anything here may be off base.
Wednesday, November 14, 2007
Based on EOD November 13, 2007.
- YI: -3
- Possible bottom here for: LRW and SNDK
- Trying to bottom out now: BHI, CMC, CPB, GM, NX, PDS, SHI, and YHOO
- Standard oversold: CLF, CREE, FRO, and X
- Moderately oversold: AEM, AMN, BA, CMI, COP, CY, ERF, FCX, HMY, the IIX index, IYM, MTH, PCU, SFY, STX, TCK, WMB, and the XCI index.
- Trying to hold some rising trend line support: CHK, DNR, FTO, GLD, NLY, PTR, TOT, the VXO, and the XAU index.
- Trying to hold falling trend line support: PTEN, TYC, and XLB
- Attempting to hold the 28 DMA here: AAUK, ABX, ASA, CHK, DNR, FXC, GFI, GG, IDU, NEM, NG, OGE, OKE, OXY, RIO, and XSLV
- Trying to break above some falling trend line resistance: AIG, BGF, CHC, EMC, EWD, EWI, GIS, GLW, GNSS, GYMB, IFN, JPM, JWN, LMT, NST, the OEX index, SMH, the S&P-500, and TTH
- Attempting to break above the 28 DMA here: BKS, CHC, DFG, EEM, and JOSB
- Moderately overbought now: EEFT
- Standard overbought: JNJ
- Extremely overbought: CL
- Anything here may be off base.
Tuesday, November 13, 2007
Based on the close of November 12, 2007.
- YI: -5, So the market is now getting oversold according to the YI.
- Possible bottom here for: ARM, JCP, KLIC, and PNRA
- Trying to bottom out now: BBBY, EWJ, JOSB, LOW, MER, and XLK
- Extremely oversold: PDS
- Standard oversold: BGF, CAT, the DJ-30, IBM, MOT, PAYX, and SBUX
- Moderately oversold: EWD, EWI, GT, HIT, HMC, UGP, and the XCI index.
- Trying to hold some rising trend line support: BVN, HON, MRVL, NOK, PBY, RHT, and STMP
- Trying to hold falling trend line support: BMY, NSM, and RGLD
- Attempting to hold the 28 DMA here: BVN, MCRS, QLGC, RIG, and SU
- Trying to break above some falling trend line resistance: ACAS, AMTD, AVP, BPOP, IDA, NWL, NYB, RT, SRZ, and WHR
- Attempting to break above the 28 DMA here: CAKE, ERIE, MKC, TLB, and WTS
- Up against rising trend line resistance: NVLS
- Moderately overbought: MPG
- Toppy: FXY
- A break out in either direction is on the way for: IRF
- More later. Anything here may be off base.
Monday, November 12, 2007
Based on the close of November 9, 2007.
- YI: -4
- To a buy: BPOP and RT
- Trying to bottom out: ACAS, ALD, DVY, EMC, SNDK, and WHR
- Extremely oversold: ARM and MTU
- Standard oversold: CSTR, GLW, PMCS, SIFY, TICC, TZOO, WB, and YHOO
- Moderately oversold: AA, AAPL, ADP, AMD, AMTD, BHP, BMY, CSCO, DELL, EWJ, EWU, HPQ, IDA, INTU, JNPR, MFE, PLL, QCOM, QQQQ, SNE, TSM, TSU, and XLK
- Trying to hold some rising trend line support: AVP, EWG, MSCC, NG, NTES, OKE, SIFY, STP, SYY, WNG, and the XOI index.
- Trying to hold falling trend line support: CREE, SMH, SUN, and WSO
- Attempting to hold the 28 DMA here: GGB, GOOG, MEOH, MRVL, PDA, SKS, STX, WDC, and WMB
- Trying to break above some falling trend line resistance: AMP, CORS, DFG, EBAY, KMX, NYB, STMP, TOL, and WTS
- Up against rising trend line resistance: AU and CL
- Moderately overbought: SPC
- Anything here may be off base.
Friday, November 9, 2007
Based on EOD November 8, 2007.
- YI: -2.5
- Possible bottom here for: REDF
- Trying to bottom out: AXP, C, FDP, GMCR, NFI, OEX, and TKR
- Extremely oversold: KLIC, LRW, and LSI
- Standard oversold: ACAS, AIG, and XLF
- Moderately oversold: BKS, EMC, GE, NAT, NVLS, NWL, PTR, RNR, SP-500, STMP, SVU, TIE, TTH, VFC, VXO, and WOR
- Trying to hold some rising trend line support: CPB, DELL, EMC, EWA, EXP, GGB, GOOG, HMC, IFN, LUFK, MMC, MOT, RYL, TOL, TSM, and WY
- Trying to hold falling trend line support: NBR, PCU, and SNA
- Attempting to hold the 28 DMA: AAPL, IIT, PEG, and PEP
- Trying to break above some falling trend line resistance: The BKX index, CHC, ENER, ERIE, GMCR, GPC, OCR, RMBS, and WPL
- Attempting to break above the 28 DMA: GYMB and SWC
- Up against rising trend line resistance: ASA
- Moderately overbought: GFI and TOT
- Standard overbought: FXY
- Anything here may be off base.
Thursday, November 8, 2007
Based on EOD November 7, 2007.
- YI 11/6: +0.5
- YI 11/7: -2
- Trying to bottom out: BLG, EBAY, GNSS, PNRA, SMTC, and WTS
- Extremely oversold: JWN
- Standard oversold: AMAT, BBBY, OCR, PRAA, and SYMC
- Moderately oversold: CMC, GM, SHI, SRZ, and TASR
- Trying to hold some rising trend line support: EWP, MEOH, SGP, and XLK
- Trying to hold falling trend line support: BGF, LOW, and UGP
- Attempting to hold the 28 DMA: ELN
- Trying to break above some falling trend line resistance: BG, BHI, and MPG
- Attempting to break above the 28 DMA: AMD, CMI, KFT, and XMSR
- Up against rising trend line resistance: ADP and the XOI index.
- Moderately overbought: CBK, CDE, HMY, PHG, RHT, and SYY
- Standard overbought: FTO, NEM, and UN
- Extremely overbought: BVN, FXC, GLD, STP, SU, and XSLV
- Toppy: AAPL and WMB
- Probable top here for: ABX and GOOG
- These have gone parabolic: BVN, CY, FXC, and GLD
- A break out in either direction is on the way for: GIS
- Anything here may be off base.
Wednesday, November 7, 2007
Based on EOD November 5, 2007.
- YI for 10/31: +3
- YI for 11/1: +1
- YI for 11/2: +0.5
- YI for 11/5: 0, and once again, the YI zero level has provided some support for the market.
- Possible bottom for: ACF and CORS
- Trying to bottom out: KEY, NYB, OCR, and PLT
- Extremely oversold: BPOP, GNSS, JCP, MER, and REDF
- Standard oversold: BAC, the BKX index, ERIE, GYMB, JOSB, JPM, NX, and PNRA
- Moderately oversold: AXP, BG, CLF, CSTR, the DJ-30, the DRG index, FDP, GMCR, IWM, MMC, MOT, MPG, NSC, the OEX index, and RGLD
- Trying to hold rising trend line support: AAPL, BHI, BMY, CBK, EBAY, EMC, EWU, IDU, JNJ, MTU, NST, PDA, PLL, PMCS, and RDC
- Trying to hold horizontal trend line support: EEFT
- Trying to hold falling trend line support: AIG, ALD, AU, CFC, DFG, DVY, and MDC
- Attempting to hold the 28 DMA: EEM, ENER, EWI, FCX, GF, IDA, IYM, LMT, LYO, NLY, NWL, PHI, PTR, and RYL
- Trying to break above falling trend line resistance: CDE, MSCC, and PTEN
- Attempting to hold the 28 DMA: ENR
- Moderately overbought: GT, HIT, and MRVL
- Standard overbought: ERF, NTES, OKE, and PXD
- Extremely overbought: HMSY and RIG
- Toppy: CHK and DNR
- A break out in either direction is on the way for: ALEX
Tuesday, October 30, 2007
Based on EOD October 29, 2007.
- YI: +3
- Trying to bottom out: GNSS, NBR, PTEN, SMH, and SMTC
- Extremely oversold: BLG
- Standard oversold: TZOO
- Moderately oversold: TKR
- Trying to hold some rising trend line support: CSL and PNRA
- Trying to break above some falling trend line resistance: EWI, JPM, MFE, MU, NEM, NVLS, PAYX, PRAA, RADN, RHT, TOL, TOT, UGP, WB, and WSO
- Attempting to break above the 28 DMA here: COP, DVY, GIS, GYMB, SGP, and TICC
- Up against rising trend line resistance: AAUK, ABX, HMSY, NG, PCU, QQQQ, and XLU
- Moderately overbought now: AXP, BMY, CGI, DELL, DJ-30, ENER, HIT, IWM, NWL, OEX, RGLD, RYL, SNE, SP-500, SVU, XLE, and XLP
- Standard overbought: EOG, GF, IDU, OXY, PEG, PXD, RIG, SLV, TIE, WMB, WOR, X, XLB, XLK, and XNG
- Extremely overbought: ASA, GLD, MCRS, and XCI
- Possible top here for: SFY
- Toppy: BHP, CHK, FCX, IYM, OGE, PG, XOI, and XSLV
- Going parabolic: DNR
- Anything here may be off base.
Monday, October 29, 2007
Based on EOD October 26, 2007.
- YI: +2.5
- To a buy: BPOP
- Possible bottom here for: CAKE and NFI
- Trying to bottom out now: ALD, BAC, IRF, and PAYX
- Standard oversold: ACF, RADN, and SNDK
- Moderately oversold: AMD, BGF, MRVL, RFMD, SIFY, SMTC, and SYMC
- Trying to hold some rising trend line support: GMCR, LSI, LUFK, MSCC, NVLS, and PNRA
- Trying to hold falling trend line support: PMCS, PTEN, and TLB
- Attempting to hold the 28 DMA: STX
- Trying to break above some falling trend line resistance: AEM, ALEX, BBBY, CMC, CORS, CSCO, FTO, KEY, LOW, MDC, NST, OCR, PXD, RIO, RYL, and VFC
- Attempting to break above the 28 DMA here: DRG, GPC, HON, and NYB
- Up against rising trend line resistance: BHP, EEM, IDU, IYM, LYO, RIG, UN, and WOR
- Moderately overbought now: AMN, AVP, IIT, OKE, QLGC, and TOL
- Standard overbought: CL, NLY, and OGE
- Extremely overbought: MCD and STP
- Toppy: ASA, EMC, EWG, and NG
- Going parabolic: KO, NOK, and STP
- Anything here may be off base.
Friday, October 26, 2007
Based on EOD October 25, 2007.
- YI: +1.5
- Extremely oversold: LRW and TLB
- Standard oversold: AIG, BAC, CMI, and MER
- Moderately oversold: ADP and GLW
- Trying to hold some rising trend line support: AMAT, APPB, BAA, PLL, RHT, SKS, and TOT
- Trying to hold falling trend line support: ACF and CFC
- Attempting to hold the 28 DMA: IIX, PXC, and SHI
- Trying to break above some falling trend line resistance: PDE, PLL, RGLD, SNE, SP-500, and THQI
- Attempting to break above the 28 DMA: THQI
- Up against rising trend line resistance: DNR, EWQ, and FXB
- Moderately overbought: AU, CMC, NEM, PEP, SNA, STMP, and TSS
- Extremely overbought: FXE
- Toppy here: ABX, CL, and GG
- Anything here may be off base.
Thursday, October 25, 2007
Based on EOD October 24, 2007.
- YI: +1.5
- Trying to bottom out: CHC and KEP
- Standard oversold: CSL
- Moderately oversold: ALC, IRF, JNPR, and MKC
- Trying to hold some rising trend line support: EWP
- Trying to hold falling trend line support: AMD, BGF, CAKE, FBR, NAT, and PAYX
- Attempting to hold the 28 DMA: BKC
- Trying to break above some falling trend line resistance: AVP, AXP, BKS, DJ-30, ENR, EWU, EXP, GF, GGB, LOW, MMC, MTH, NWL, and OEX
- Attempting to break above the 28 DMA: AAUK and CGI
- Up against rising trend line resistance: FTO
- Moderately overbought: IYM and OCR
- Standard overbought: EEFT
- Extremely overbought: EMC, FDP, and KO
- Possible top here for: CY
- Toppy: BG, ERF, GLD, GR, MTD, and NOK
- Going parabolic: BG
- Anything here may be off base.
Wednesday, October 24, 2007
Based on EOD October 23, 2007.
- YI: +2
- Possible bottom here for: BPOP
- Trying to bottom out: ARM, NBR, SMH, and WPL
- Extremely oversold: TLB
- Moderately oversold: CSCO, FTO, PTEN, and SEE
- Trying to hold rising trend line support: CMC, FXY, IDU, SGP, VXO, and WDC
- Trying to hold falling trend line support: BGF, NAT, and PAYX
- Attempting to hold the 28 DMA here: ENR, GM, INTU, MCRS, MPG, NG, OXY, PEG, T2118, XOI, and XSLV
- Trying to break above some falling trend line resistance: AAUK, ABX, AIG, AU, BAC, BLG, CMI, DRG, EEM, EWA, GLW, IWM, IYM, JNJ, MER, MFE, and SVU
- Attempting to break above the 28 DMA here: CAKE, MDC, and MTH
- Up against rising trend line resistance: BKC, BKX, ELY, KO, PDA, STX, and the XCI index.
- Moderately overbought now: CSTR and NLY
- Going parabolic: AAPL
- More later. Anything here may be off base.
Tuesday, October 23, 2007
Based on EOD October 22, 2007.
- YI: +1.5
- Possible bottom here for: ARM and CFC
- Trying to bottom out: ACF, BAC, BLG, C, CBK, DVY, ERIC, ERIE, EXP, FBR, JCP, JWN, KEY, MER, NFI, TLB, and WON
- Standard oversold: PRAA, PTEN, SNDK, TYC, WB, and WIRE
- Moderately oversold: AAUK, ACAS, ALD, ALEX, AXP, BBBY, CAT, CGI, COP, CPB, CSL, DJ-30, DO, DRG, EBAY, EWD, EWJ, GE, GIS, GT, HIT, HMC, IDU, IWM, IYR, KFT, KMX, LSI, NBR, NSM, NX, OEX, PAYX, PEG, PLL, RDC, RIG, ROK, SLE, SMH, S&P-500, SUN, SYY, TICC, TSS, TZOO, VXO, WMB, WY, and XLU
- Trying to hold some rising trend line support: AEM, AIG, AMTD, BA, BMY, CHK, CLF, CSCO, EOG, GLW, HMSY, IDA, IIT, MKC, NSC, NST, NVLS, PDE, PEP, RGLD, SHI, SIFY, SNA, TCK, TTH, XCI, and XLP
- Trying to hold falling trend line support: AA, AU, BKX, GPC, GYMB, JOSB, JPM, LRW, PHG, SBUX, and WHR
- Attempting to hold the 28 DMA here: ABX, ADP, AEM, AMD, ASA, AVP, BHI, BTK, CL, CMI, DELL, DNR, EOG, EWC, EWU, FCX, FXB, GG, GGB, HPQ, LMT, MFE, MOT, PCU, QQQQ, RIO, RMBS, SLV, SWC, SYMC, WDC, X, XAU, and XNG
- Trying to break above some falling trend line resistance: AMN, LOW, and WTS
- Attempting to break above the 28 DMA here: QLGC
- Up against rising trend line resistance: FDP
- Moderately overbought: FXY
- Toppy: AAPL
- Anything here may be off base.
Monday, October 22, 2007
Based on EOD October 19, 2007.
- YI: +1
- Trying to bottom out: HMY, MDC, and RYL
- Extremely oversold: WSO
- Standard oversold: BPOP and WTS
- Moderately oversold: RNR and TOL
- Trying to hold some rising trend line support: ACF, ALC, BGF, EMC, GG, IBM, LYO, MEOH, NTES, REDF, SFY, STMP, UGP, XMSR, and XSLV
- Trying to hold falling trend line support: ACAS, AMAT, and CGI
- Attempting to hold the 28 DMA here: EEM, GF, GM, IIT, and XLK
- Trying to break above some falling trend line resistance: CMC, CREE, FRO, OCR, and VFC
- Attempting to break above the 28 DMA here: PDS and SVU
- Up against rising trend line resistance: FXC
- Moderately overbought now: ELY, FXB, LUFK, MRVL, and OGE
- Standard overbought: CY, GMCR, SGP, and STP
- Extremely overbought: SU
- Possible top here for: GOOG, KO, and PDA
- Probable top here: XPLT
- Anything here may be off base.
Friday, October 19, 2007
Based on EOD October 18, 2007.
- YI: +2.5
- Trying to bottom out: BKX, CSL, EXP, and KLIC
- Extremely oversold: CORS and WSO
- Standard oversold: ERIC, KEY, MER, and SPC
- Moderately oversold: ACF, BAC, BBBY, CAT, GPC, IBM, JOSB LOW, PRAA, ROK, SNA, TIE, and XLF
- Trying to hold some rising trend line support: ASA, CLF, CREE, CSCO, EEM, EWD, GG, GIS, GNSS, OEX, PCU, PEG, PG, PHI, PXD, RNR, SRZ, and TMO
- Trying to hold falling trend line support: GYMB, HMY, LRW, and MTH
- Attempting to hold the 28 DMA here: AAUK, AMP, CDE, DFG, FTO, GFI, IDU, IFN, MSCC, NEM, NSC, OEX, RGLD, and XLU
- Trying to break above falling trend line resistance: ADP, OKE, SNDK, and TKR
- Attempting to break above the 28 DMA: SVU
- Up against rising trend line resistance: AAPL
- Extremely overbought: KO and SHI
- Probable top here: PTR
- Anything here may be off base.
Thursday, October 18, 2007
Based on EOD October 17, 2007.
- YI: +2.5
- Trying to bottom out: ARM, CAKE, PBY, and WTS
- Standard oversold: MDC and TLB
- Moderately oversold: ALD, BAC, BKX, C, CAKE, DVY, KEP, LOW, MER, NAT, NFI, NYB, RYL, SEE, WB, and XLF
- Trying to hold some rising trend line support: AAUK, CSL, ELN, ERIC, ERIE, FTO, IDU, IFN, IIX, NST, OEX, QLGC, RGA, SLV, SNE, SWC, and XLB
- Trying to hold falling trend line support: AXP, RIG, and THQI
- Attempting to hold the 28 DMA here: AA, ACAS, AMTD, AU, BMY, the DJ-30, DRG, ENER, ERF, EWD, EWI, EWJ, GR, LSI, NOK, NST, and REDF, SIFY, SLF, S&P-500, TASR, TCK, TICC, TOL, TSS, TSU, TTH, WOR, and WY
- Trying to break above some falling trend line resistance: CGI, CPB, DELL, ENR, FXE, GMCR, MCD, NSM, PDS, QCOM, SLE, STMP, SYY, and TZOO
- Up against rising trend line resistance: AMD, STX, and VFC
- Standard overbought: PLT and SKS
- Extremely overbought: EWP
- Toppy here: BAA, DNR, FDP, and OXY
- Anything here may be off base.
Wednesday, October 17, 2007
Based on EOD October 16, 2007.
- YI: +2.5
- Trying to bottom out: BA, BMS, ELY, FRO, GNSS, MMC, MU, Q, RT, SBUX, and WHR
- Standard oversold: JCP and JWN
- Moderately oversold: ACF, AIG, BPOP, CHC, PHG, SNA, TIE, TSM, TYC, and WIRE
- Trying to hold some rising trend line support: CLF, CPB, CREE, DJ-30, DRG, FCX, GF, GM, HMC, HPQ, MFE, MOT, MTD, NSM, OKE, PG, RGLD, ROK, SYMC, TASR, TZOO, WDC, WNG, the XAU index, and XLU
- Trying to hold falling trend line support: CGI, EEFT, FBR, GPC, KMX, LSI, and PDS
- Attempting to hold the 28 DMA here: ALEX, CSCO, EEFT, ENR, GLW, GT, HIT, IDA, IWM, JNJ, JNPR, MCRS, NWL, OCR, PLL, QCOM, RNR, TKR, XLP, and YHOO
- Trying to break above some falling trend line resistance: BG, PAYX, and SVU
- Attempting to break above the 28 DMA here: JOSB
- Up against rising trend line resistance: APPB
- Moderately overbought now: ALC and TOT
- Standard overbought: CHK , PXD, XLE, and the XOI index.
- Possible top here for: AEM, PTR, and XPLT
- Toppy: BHI, DO, EOG, EWP, GG, KGC, NEM, NG, NTES, SFY, and SU
- Anything here may be off base.
Tuesday, October 16, 2007
Based on EOD October 15, 2007.
- YI: +3
- Trying to bottom out: CAKE and VFC
- Standard oversold: JCP
- Moderately oversold: CREE, CSL, and SNE
- Trying to hold rising trend line support: ACF, AXP, BBBY, CMC, CSTR, DELL, EBAY, EWA, FTO, IIX, IRF, IWM, MPG, NFI, NOK, NSC, PLL, PRAA, PTEN, QLGC, and the XCI index.
- Trying to hold falling trend line support: ARM, KEY, and THQI
- Attempting to hold the 28 DMA here: CAT, WY, and XLF
- Trying to break above some falling trend line resistance: AAPL, NLY, NVLS, PHI, and TOT
- Up against rising trend line resistance: RGLD and SU
- Moderately overbought now: AVP, NEM, and RDC
- Standard overbought: MOT
- Extremely overbought: CL, GM, and WNG
- Possible top here for: AAUK, ASA, and T2118
- Toppy: EWU and SHI
- Going parabolic: OXY
- Anything here may be off base.
Monday, October 15, 2007
Based on EOD October 12, 2007.
- YI: +4
- Trying to bottom out: WPL
- Extremely ovcrsold: RT
- Standard oversold: JWN
- Moderately oversold: BA, CAKE, ERIE, GYMB, RADN, SBUX, SMH, THQI, VFC, and WHR
- Trying to hold some rising trend line support: ACAS, AMP, BKC, BKS, BPOP, EWG, GGB, GIS, HMSY, HPQ, IYM, KLIC, MCRS, MKC, RIO, RNR, TIE, TSS, UGP, and XLK
- Trying to hold falling trend line support: TMO
- Attempting to hold the 28 DMA here: ALD, CBK, EEFT, GE, GNSS, HMSY, PBY, QCOM, QLGC, REDF, SEE, SIFY, SPC, TYC, TZOO, and WB
- Trying to break above some falling trend line resistance: NSM and SKS
- Attempting to break above the 28 DMA: NBR and VXO
- Up against rising trend line resistance: DFG and XSLV
- Moderately overbought: GT, RIG, and SWC
- Standard overbought: IDU
- Extremely overbought: BHP, EMC, and FCX
- Possible top here for: FXC
- Toppy: XPLT
- Going parabolic: PDA
- Anything here may be off base.
Friday, October 12, 2007
Based on EOD October 11, 2007.
- YI: +3.5
- Trying to bottom out: CFC and HMY
- Moderately oversold: FRO and SLE
- Trying to hold some rising trend line support: AAPL, AIG, ALD, ALEX, BMY, CMI, GLW, MSCC, NSM, NST, PMCS, the S&P-500, and WMB
- Trying to hold falling trend line support: SNDK and WSO
- Attempting to hold the 28 DMA here: AA, AMZN, OCR, OKE, PEP, PLL, SNA, and SYY
- Trying to break above some falling trend line resistance: BGF, HIT, NBR, and STP
- Up against rising trend line resistance: ASA, BHP, BKS, CSTR, EWD, EXP, FXC, GF, IBM, IYM, OXY, STX, and SWC
- Moderately overbought now: AMD, DELL, FTO, NTES, PXD, SRZ, TOL, and UN
- Standard overbought: EWP and SU
- Extremely overbought: BHI
- Possible top here for: CLF, DNR, EMC, INTU, LMT, NG, and PNRA
- Toppy here: AAUK, AEM, AMTD, BVN, CHK, GFI, GG, GLD, IFN, T2118, TCK, and the XAU index.
- Going parabolic: PTR
- Anything here may be off base.
Thursday, October 11, 2007
Based on EOD October 10, 2007.
- YI: +4, so the market is pretty well overbought here.
- Trying to bottom out now: BLG, CORS, MTH, and TLB
- Moderately oversold: HMY, JOSB, and SNDK
- Trying to hold some rising trend line support: BA, BKS, ELN, EXP, HON, KLIC, PEP, PHI, RADN, SMH, and TASR
- Attempting to hold the 28 DMA here: NYB, SKS, SMTC, and STMP
- Trying to break above some falling trend line resistance: PHG and TIE
- Up against rising trend line resistance: AAUK, AEM, DJ-30, GFI, GG, LMT, RGLD, SUN, TCK, WNG, and XMSR
- Moderately overbought now: AXP, CDE, and NSC
- Standard overbought: ADP. AMP, CAT, CMC, and NG
- Extremely overbought: XCI
- Possible top here for: ABX, CY, GGB, GM, PG, and WDC
- Toppy here: BHP, CSCO, IYM, JNPR, MFE, PLT, TKR, and UGP
- A break out in either direction is on the way for: BPOP and FBR
- Anything here may be off base.
Wednesday, October 10, 2007
Based on EOD October 9, 2007.
- YI: +4
- Standard oversold: PDS
- Moderately oversold: CPB, NLY, and PTEN
- Trying to hold some rising trend line support: CY, ENER, SGP, SVU, and XPLT
- Trying to hold falling trend line support: VXO
- Attempting to hold the 28 DMA here: ERF, NAT, NOK, and SLE
- Trying to break above some falling trend line resistance: COP, OGE, and the XOI index.
- Up against rising trend line resistance: AA, AMTD, FCX, FRO, MTD, PEG, TKR, WMB, and XLU
- Moderately overbought now: HMC, TICC, and TSS
- Standard overbought: BKC and TASR
- Extremely overbought: HPQ and MCD
- Possible top here for: AAPL, GOOG, QQQQ, and RMBS
- Toppy here: EEM, ELN, and MSCC
- Going parabolic: AAPL, GGB, and the IIX index.
- Anything here may be off base.
Tuesday, October 9, 2007
Based on EOD October 8, 2007.
- YI: +3
- Moderately oversold now: NBR and PRAA
- Trying to hold some rising trend line support: EWD, EWI, FCX, GLD, and NYB
- Attempting to hold the 28 DMA here: GIS, JOSB, KFT, QLGC, and RIG
- Trying to break above some falling trend line resistance: C, GYMB, NTES, PAYX, SEE, and TMO
- Attempting to break above the 28 DMA here: LOW, LRW, PAYX, THQI, and WTS
- Up against rising trend line resistance: ENR, GM, IDU, NG, PLT, ROK, SFY, the S&P-500, and XLK
- Moderately overbought now: CBK, DVY, IDA, JCP, MPG, PLL, RHT, TSM, TYC, WY, and XLF
- Standard overbought: ACAS, CHK, and GMCR
- Extremely overbought: MFE
- Toppy here: CLF, DNR, EWA, EWU, GF, MEOH, MTD, MTU, PDA, RMBS, XNG, and YHOO
- Going parabolic: GOOG, PHI, and the QQQQ
- A break out in either direction is on the way for: OGE
- More later. Anything here may be off base.
Monday, October 8, 2007
Based on EOD October 5, 2007.
- YI: +3.5
- Attempting to hold the 28 DMA here: BA, CDE, and ERIE
- Trying to break above some falling trend line resistance: ADP, AMZN, and DELL
- Attempting to break above the 28 DMA here: CFC
- Up against rising trend line resistance: BKX and CAT
- Moderately overbought now: ALD, BLG, CSTR, EEFT, and ENER
- Standard overbought: BAC and DRG
- Extremely overbought: CMI
- Toppy here: BHI
- Anything here may be off base.
Friday, October 5, 2007
Based on EOD October 4, 2007.
- YI: +2.5
- Possible bottom here for: SVU
- Trying to bottom out at this point: MKC and WSO
- Moderately oversold: CREE and FXY
- Trying to hold some rising trend line support: HPQ, NEM, NOK, RIG, SLE, TIE, the XCI index, and XPLT
- Attempting to hold the 28 DMA here: AMN, CSCO, IBM, NEM, SWC, and XSLV
- Trying to break above falling trend line resistance: BBBY, DVY, ENER, Q, and THQI
- Moderately overbought now: ALEX, APPB, GMCR, LUFK, PNRA, and SFY
- Toppy here: The BTK index.
- Anything here could be off base.
Thursday, October 4, 2007
Based on EOD October 3, 2007.
- YI: +2.5
- Trying to bottom out in this area: SVU
- Standard oversold now: WSO
- Moderately oversold: COP, HMY, MKC, NTES, TOT, and UN
- Trying to hold some rising trend line support: ABX, AMZN, CHK, EWD, GE, IYM, KEP, NSC, PLL, RNR, SMTC, SNDK, the S&P-500, and SYY
- Attempting to hold the 28 DMA here: AA, AEM, BGF, CPB, CREE, GFI, GIS, GPC, KFT, MCRS, NAT, NSM, NX, PRAA, PTEN, RGLD, SHI, SPC, STX, and the XOI index.
- Trying to break above some falling trend line resistance: BLG, IDU, JCP, and PBY
- Trying to break above horizontal trend line resistance: ALC
- Attempting to break above the 28 DMA here: CBK, ENER, GYMB, KEY, KMX, MTH, RYL, and TLB
- Up against rising trend line resistance: HMC, NST, and OCR
- Moderately overbought now: ACF, ALD, BBBY, BKS, the BKX index, BMY, C, CMC, IDA, IRF, JWN, MER, SEE, SKS, and TASR
- Standard overbought: AIG, HMSY, PMCS, and RMBS
- Possible top here for: FDP
- Toppy nat this point: EMC, GM, and PHI
- Anything here could be off base.
Based on EOD October 2, 2007.
- YI: +3
- Possible bottom here for: GYMB and KMX
- Trying to bottom out in this area: WSO
- Standard oversold: SVU
- Trying to hlod some rising trend line support: AA, BVN, ERIC, ERIE, OGE, and the XNG index.
- Trying to hold falling trend line support: AU and MKC
- Attempting to hold the 28 DMA: NBR, Q, and SU
- Trying to break above some falling trend line resisistance: AMTD, BBBY, BKS, C, CAKE, JOSB, LRW. LSI, NSC, NVLS, ROK, TOL, VFC, and XLU
- Attempting to break above the 28 DMA: CAKE, COP, EXP, MDC, and WHR
- Up against rising trend line resistance: ACAS, the DRG index, EEFT, GE, IYR, MCD, MFE, NAT, and STX
- Moderately overbought: ADP, AMAT, CAT, CHK, EWI, EWJ, GF, GLW, GMCR, IWM, KEP, OKE, QLGC, RGA, SMH, SNA, SYMC, WMB, and WY
- Standard overbought: BA, CLF, the DJ-30, EEFT, EEM, ELN, EWD, EWP, EWQ, EWU, IBM, INTU, MEOH, the OEX index, PCU, the S&P-500, TCK, and the XNG index.
- Extremely overbought: BHI, ENR, GR, the IIX index, and UGP
- Toppy: AAUK, AMN, AMZN, BHP, CY, ERF, EWC, GOOG, LMT, PEP, PG, WNG, the XAU index, XLB, and YHOO
- To no position for now: SWC
- Anything here may be off base.
Tuesday, October 2, 2007
Based on EOD October 1, 2007.
- YI: +3
- Possible bottom here for: ENER and RT
- Trying to bottom out in this area: JCP, JWN, LOW, LRW, and PAYX
- Moderately oversold now: LUFK, PDS, and SBUX
- Trying to hold some rising trend line resistance: COP, DO, MKC, RDC, and TSS
- Attempting to hold the 28 DMA here: AU, DELL, GMCR, and PLT
- Trying to break above some falling trend line resistance: BBBY, CBK, GYMB, HMC, REDF, TYC, and XLF
- Attempting to hold the 28 DMA here: CFC, GRZ, and MMC
- Up against rising trend line resistance: AAUK, MER, SHI, and TASR
- Moderately overbought now: BAA, FXB, LSI, PRAA, QLGC, SLE, and TZOO
- Standard overbought: AVP, NAT, SYY, and XSLV
- Extremely overbought: IIT and SLF
- Possible top here for: LMT
- Toppy here: RNR
- Probable top in place for: ASA
- Going parabolic: BG
- Anything here may be off base.
Monday, October 1, 2007
Based on EOD September 28, 2007.
- YI: +1.5
- Possible bottom here for: PBY
- Trying to bottom out now: ENER, MER, and MTH
- Moderately oversold: BGF, JWN, and SUN
- Trying to hold some rising trend line support: NYB
- Trying to hold falling trend line support: RT and THQI
- Attempting to hold the 28 DMA here: ADP, AMD, and JOSB
- Trying to break above some falling trend line resistance: CSL, ERIC, EWJ, OCR, RGA, and SFY
- Attempting to break above the 28 DMA here: IRF, MU, and STMP
- Up against rising trend line resistance: SWC
- Moderately overbought now: EWD, HIT, KEP, PDE, SNDK, TICC, and TKR
- Standard overbought: EWA, IBM, PHG, and RNR
- Extremely overbought: PTR and UGP
- Possible top here for: RIO
- Toppy now: AAUK, BVN, CLF, the DJ-30, and EEM
- Going parabolic: XPLT
- Anything here may be off base.
Friday, September 28, 2007
Based on EOD September 27, 2007.
- YI: +2
- Possible bottom here for: CORS
- Trying to bottom out: BLG, MTH, and RYL
- Moderately oversold: MER
- Trying to hold some rising trend line support: IDU, NG, PDS, SBIX, WON, and YHOO
- Trying to hold falling trend line support: AMAT and PAYX
- Attempting to hold the 28 DMA here: BGF, JNPR, LYO, and RADN
- Trying to break above some falling trend line resistance: ALC, GRZ, IDA, IWM, LSI, MKC, NWL, SGP, SNE, TICC, and TSS
- Trying to break above horizontal trend line resistance: GFI
- Attempting to break above the 28 DMA here: MRVL and SKS
- Up against rising trend line resistance: IIT
- Moderately overbought: AA, ACAS, CPB, EEFT, EWJ, NSM, NX, OCR, PLL, and SPC
- Standard overbought: QCOM
- Extremely overbought: CSCO, IFN, MTD, PDA, and PEP
- Possible top here for: QQQQ and RMBS
- Toppy now: CL, ELN, GM, GR, HPQ, KO, MCRS, PHI, SLF, TTH, and YHOO
- Anything here may be off base.
Thursday, September 27, 2007
Based on EOD September 26, 2007.
- YI: +1.5
- Trying to bottom out: BMS, CAKE, CFC, GRZ, KMX, MER, PBY, SVU, THQI, TOL, and WTS
- Moderately oversold now: BKS, GYMB, JCP, PNRA, and VFC
- Trying to hold some rising trend line support: COP, JWN, LUFK, LYO, and the XNG index.
- Trying to hold falling trend line support: CBK, WHR, and WSO
- Attempting to hold the 28 DMA here: AEM, CAT, DVY, EOG, FBR, FTO, JPM, NEM, NTES, OGE, SU, SUN, TZOO, and UN
- Trying to break above some falling trend line resistance: GE, NST, PRAA, and the S&P-500.
- Attempting to break above the 28 DMA here: CPB
- Up against rising trend line resistance: STX, TKR, and WOR
- Moderately overbought now: MOT and SIFY
- Standard overbought: LMT, WDC, and XPLT
- Possible top here for: AMZN and FDP
- Toppy at this point: AAPL, ASA, BA, EMC, QQQQ, SYY, the VXO, and XLK
- A break out is on the way for: BMY and USA
- Anything here could be off base.
Wednesday, September 26, 2007
Based on EOD September 25, 2007.
- YI: +1
- Trying to bottom out in this area: ACF, ALEX, CORS, EXP, MDC, MU, and RT
- Extremely oversold at this point: MTH and RYL
- Standard oversold: GRZ and TOL
- Moderately oversold: C, CGI, KEY, LOW, RHT, and ROK
- Trying to hold some rising trend line support: BGF, BPOP, CMI, CY, GYMB, LRW, NVLS, NX, PLT, RGA, SEE, UN, the XAU index, XLE, and the XOI index.
- Trying to hold falling trend line support: CAKE and MDC
- Attempting to hold the 28 DMA here: BAC, the BKX index, GIS, PXD, SFY, SYMC, TYC, and XLF
- Trying to break above some falling trend line resistance: MRVL
- Attempting to break above the 28 DMA here: WON
- Moderately overbought now: REDF
- Standard overbought: JNJ, SLV, and STP
- Extremely overbought: AMZN
- Toppy at this point: BHP, GOOG, PCU, and TIE
- A break out in either direction is on the way for: EFT and GNSS
- Anything here may be off base.
Tuesday, September 25, 2007
Bsed on EOD September 24, 2007.
- YI: +1
- Trying to hold some rising trend line support: ABX, AU, AXP, CSCO, FXC, and GLD
- Trying to hold falling trend line support: BLG
- Attempting to hold the 28 DMA here: AMTD and BKS
- Trying to break above some falling trend line resistance: FXB
- Attempting to break above the 28 DMA here: BAA and ERS
- Up against rising trend line resistance: BKC
- Moderately overbought : CMC, ELN, and EWU
- Standard overbought: AAPL, AAUK, BA, and GG
- Extremely overbought: ASA
- Possible top here for: CLF
- Toppy now: EWC, EWG, EWI, EWP, and GFI
- Anything here may be off base.
Friday, September 21, 2007
Based on EOD September 20, 2007.
- YI: +1
- Trying to hold falling trend line support: BKC, CAKE
- Trying to break above some falling trend line resistance: ACAS, BAA
- Attempting to break above the 28 DMA: ADP, ALD, Moderately overbought: DELL, the DRG index
- Standard overbought: CL, DO
- Extremely overbought: AEM, AU, BVN
- Toppy: AMN, CY, DNR, EBAY, EWA
- More later. Anything here may be off base.
Thursday, September 20, 2007
Based on EOD September 19, 2007.
- YI: +2
- Trying to hold some rising trend line support: LSI, PXD, SU, and the VXO
- Trying to hold falling trend line support: BAA
- Trying to break above some falling trend line resistance: ACF, AMTD, BGF, BKX, BMY, CGI, CHK, ERS, EWP, EWU, FBR, GIS, GLW, IYR, JCP, JPM, LRW, MDC, MOT, NSM, NVLS, PDE, PNRA, SLE, SMH, SPC, SYY, TKR, X, and XLF
- Attempting to break above the 28 DMA: ALC, ARM, BLG, BMS, BPOP, CFC, CMC, ELY, EWJ, GNSS, PBY, PLL, QLGC, RDC, RHT, SKS, SNE, WHR, WIRE, and WPL
- Up against rising trend line resistance: BTK
- Moderately overbought: AA, AAPL, AAUK, AIG, AMD, AMN, AVP, BAC, BBBY, BKS, BKX, C, CAT, DVY, EWA, EWD, EWG, EWI, EWP, EWQ, GGB, HPQ, IIT, IWM, IYR, JCP, JOSB, KEY, LMT, LOW, MER, MTH, NAT, NG, NWL, NX, OGE, PEG, PMCS, PRAA, QCOM, ROK, SUN, SWC, TIE, VFC, WSO, and XLK
- Standard overbought: CLF, the DJ-30, EEM, EWC, JWN, NST, MTD, OEX, PCU, PLT, PTR, QQQQ, RGLD, the S&P-500, TCK, TOT, TSU, WB, WMB, XLE, and the XNG index.
- Extremely overbought: BG, BHP, FCX, MCRS, NOK, PDA, RIO, and the XAU index.
- Possible top here for: RMBS
- Toppy: ABX, BHI, CMI, COP, CSCO, ERIC, FTO, GE, IFN, LOW, NYB, OXY, WY, XOI, and XSLV
- Anything here may be off base.
Wednesday, September 19, 2007
Based on EOD September 18, 2007.
- YI: +1.5
- Possible bottom here for: ERS and TLB
- Trying to bottom out in this area: EEF, EWJ, MRVL, SNE, TICC, and WPL
- Moderately oversold: ELN
- Trying to hold some rising trend line support: GRZ and NFI
- Trying to hold falling trend line support: ENER
- Attempting to hold the 28 DMA here: MFE, PDE, and PTEN
- Trying to break above some falling trend line resistance: AMAT, CORS, DELL, EXP, HIT, IBM, IIT, MER, PDA, SIFY, SLV, TOL, WHR, and WSO
- Attempting to break above the 28 DMA here: CAKE, REDF, and SIFY
- Moderately overbought: FDP, GM, and YHOO
- Anything here may be off base.
Tuesday, September 18, 2007
Based on EOD September 17, 2007.
- YI: -1
- Trying to bottom out in this area: GNSS, NVLS, and RHT
- Standard oversold now: MU
- Moderately oversold: AMAT, EEFT, and NCR
- Trying to hold some rising trend line support: AAUK, AXP, EEM, OXY, QQQQ, RIO, SMH, SVU, SWC, WDC, and XOI
- Trying to hold horizontal trend line support: CMC
- Attempting to hold the 28 DMA here: IBM, GIS, WDC, and XLK
- Trying to break above some falling trend line resistance: BKS, CAKE, CBK, CREE, NG, NX, RYL, TASR, WHR, X, XPLT, and XSLV
- Attempting to break above the 28 DMA here: AA, BAC, BKX, NX, SFY, and WSO
- Moderately overbought now: BKC, CLF, CREE, JWN, RNR, and STP
- Standard overbought: FCX and MCD
- Toppy here: ENR, FXC, NEM, RMBS, SLF, TSU, and XMSR
- A break out is on the way for: SGP
- Anything here may be off base.
Monday, September 17, 2007
Based on EOD September 14, 2007.
- YI: 0
- Possible bottom here for: AA, BLG, and CAKE
- Trying to bottom out in this area are: IRF, PBY, and THQI
- Moderately oversold now: EEF, GLW, PAYX, SMH, SNDK, and WTS
- Trying to hold some rising trend line support: ABX, CSL, DELL, EEFT, EWJ, IWM, KFT, JNPR, LYO, NYB, ROK, and TKR
- Trying to hold falling trend line support: LSI
- Attempting to hold the 28 DMA here: EWU and HPQ
- Trying to break above some falling trend line resistance: BBBY, BKX, CFC, GT, JOSB, LMT, MDC, MEOH, SWC, and TTH
- Attempting to break above the 28 DMA here: AVP, HMC, JPM, MER, NFI, TYC, and XLF
- Up against rising trend line resistance: GOOG and MCRS
- Moderately overbought now: DJ-30, EEM, ENR, GE, GG, INTU, JNJ, KGC, PTR, RMBS, TCK, WB, WMB, WY, XLP, and the XOI index.
- Standard overbought: EBAY, FTO, OXY, and SU
- Extremely overbought: FXC
- Toppy here: RIO
- Anything here may be off base.
Friday, September 14, 2007
Based on EOD September 13, 2007.
- YI: -0.5
- Possible bottom here for: CPB, ENER, EXP, LUFK, and MDC
- Trying to bottom out: ERS, SIFY, and SPC
- Standard oversold: BLG and PBY
- Moderately oversold: ALD and NSM
- Trying to hold some rising trend line support: AEM, HPQ, NEM, PDA, and WTS
- Trying to hold falling trend line support: ARM and HIT
- Attempting to hold the 28 DMA: ELN
- Trying to break above some falling trend line resistance: AIG, ALC, AXP, BVN, CLF, CMI, DVY, ELY, EWI, EWP, GG, IDA, IYR, LOW, PCU, PEG, PRAA, PTR, RGA, SBUX, SEE, the S&P-500, TIE, and TSU
- Attempting to break above the 28 DMA here: ACF, AMN, BKC, OKE, PDS, QCOM, and WY
- Moderately overbought now: BA, CL, COP, the DRG index, EOG, ERIC, EWC, GIS, HMY, IDU, NST, QQQQ, SFY, SYMC, TOT, UN, XLE, the XNG index, and XPLT
- Standard overbought: ASA, AU, BHI, DNR, IFN, and UGP
- Toppy here: BG, GR, PEP, PHG, SMTC, and XMSR
- A break out is on the way for: AMTD
- Anything here may be off base.
Thursday, September 13, 2007
Based on EOD September 12, 2007.
- YI: -2
- Trying to bottom out in this area: TLB and WSO
- Moderately oversold: TKR, TYC, and WHR
- Trying to hold some rising trend line support: NVLS and PDE
- Trying to hold falling trend line support: CPB and TOL
- Attempting to hold the 28 DMA here: STX and SUN
- Trying to break above some falling trend line resistance: AU, AVP, EMC, EWD, EWQ, EWU, GFI, KGC, MTD, OEX, PDS, RDC, SGP, SVU, TCK, WB, and XLF
- Attempting to break above the 28 DMA here: STP and TSS
- Moderately overbought now: CY, KFT, KO, MCD, PXD, SLV, TSU and XSLV
- Standard overbought: BTK, SLF, and the XAU index.
- Extremely overbought: JNPR
- Toppy here: ABX, AMZN, and GLD
- A break out is on the way for: PEG, PLL, QLGC, and TASR
- Anything here may be off base.
Wednesday, September 12, 2007
Based on EOD September 11, 2007.
- YI: -2
- Possible bottom here for: ACF and RYL
- Trying to bottom out in this area: AA, ADP, BBBY, BMS, CAKE, CBK, CFC, CPB, EBER, GT, JCP, JOSB, LUFK, MEOH, MTH, NX, PDS, RDC, RT, and SKS
- Standard oversold: IRF
- Moderately oversold: BAA, BKS, CMC, DELL, DVY, EWP, IDA, IWM, IYR, MKC, NWL, OGE, and PLL
- Trying to hold some rising trend line resistance: CSL, GMCR, and PBY
- Trying to hold falling trend line resistance: EXP, MDC, and OCR
- Attempting to hold the 28 DMA here: CLF, GOOG, and PAYX
- Trying to break above some falling trend line resistance: AMD, BMY, C, DNR, GE, GRZ, HIT, KEY, and RMBS
- Trying to break above the 28 DMA here: HMY, NCR, and SFY
- Moderately overbought: CHK, GFI, GLW, NG, NTES, NYB, and PHG
- Standard overbought: BG
- Toppy here: NOK
- A break out in either direction is on the way for: MER, MMC, and RADN
- Anything here may be off base.
Tuesday, September 11, 2007
Based on EOD September 10, 2007.
- YI: -3.5
- Trying to bottom out: ACF, AMN, ARM, BMY, BPOP, CAT...
- Moderately oversold: ADP, AIG, ALEX, BAC...
- Trying to hold falling trend line support: BBBY, CBK...
- Attempting to hold the 28 DMA: AMTD
- Moderately overbought: ASA, AU...
- Anything here may be off base.
Monday, September 10, 2007
Based on EOD September 7, 2007.
- YI: -3.5
- Possible bottom here for: C, CFC...
- Extremely oversold: ENER
- Moderately oversold: ACAS, EWI, EWJ, EWP...
- Trying to hold some rising trend line support: BHP, BLG, DELL, DO, EWC, EWQ, FCX, FTO, FXC...
- Trying to hold falling trend line support: AAPL, ACF, ARM, BKX, BPOP, CAKE, CAT, CSCO...
- Attempting to hold the 28 DMA here: AAPL, ENR...
- Trying to break above some falling trend line resistance: BTK, CHK...
- Attempting to break above the 28 DMA here: EOG
- Moderately overbought: ELN, FXB...
- Standard overbought: ASA, ABX, BVN...
- Extremely overbought: AEM
- A break out in either direction is on the way for: BMS
- Anything here may be off base.
Friday, September 7, 2007
Based on EOD September 6, 2007.
- YI: -2
- Trying to bottom out: AVP
- Trying to hold some rising trend line support: AAPL, ALD
- Trying to hold falling trend line support: ACAS
- Moderately overbought: AAUK, BGF
- Standard overbought: BHI
- More later. Anything here may be off base.
Thursday, September 6, 2007
Based on EOD September 5, 2007.
- YI: -2.5
- Standard oversold: LRW
- Moderately oversold now: BA
- Trying to hold some rising trend line support: BMS, EWI, and TLB
- Trying to hold falling trend line support: CORS and SKS
- Trying to break above some falling trend line resistance: DRG, NAT, RIG, SBUX, and YHOO
- Attempting to break above the 28 DMA here: ALEX, GG, GLW, GM, NAT, SLV, WIRE, XNG, and XSLV
- Up against rising trend line resistance: GF and WMB
- Moderately overbought now: ASA, BTK, COP, CPB, EBAY, ERF, EWU, FCX, GLD, GOOG, IIX, KGC, LUFK, OXY, PAYX, PDE, QQQQ, RGLD, RMBS, ROK, SMH, SNE, SU, SUN, TSU, the XAU index, XLE, XLK, the XOI index, and XPLT
- Standard overbought: AMZN, CSCO, DO, FTO, GR, and IFN
- Extremely overbought: HPQ
- Possible top here for: CLF and STX
- Toppy at this point: NOK and RIO
- To no position for now: SNE
- More later. Anything here may be off base.
Rest of the work based on EOD 9-4-07.
- To a hold: NVLS
- Trying to break above falling trend line resistance: IYR, JOSB, PBY, RNR, SFY, UN, WB, and X
- Attempting to break above the 28 DMA: JOSB, MER, MU, PTEN, TYC, TZOO, USA, WSO, and WTS
- Up against rising trend line resistance: QCOM, RIO, and WNG
- Moderately overbought: PLT, UGP, and XMSR
- Standard overbought: The XCI index.
- Anything here may be off base.
Wednesday, September 5, 2007
Based on EOD September 4, 2007.
- YI: -1.5
- Trying to bottom out: ADP
- Standard oversold: CBK
- Trying to hold some rising trend line support: CL
- Attempting to hold the 28 DMA: GMCR
- Trying to break above some falling trend line resistance: ABX, ACF, BBBY, BHI, BKS, CGI, DVY, ELN, EOG, EWP, FCX...
- Attempting to break above the 28 DMA: AMN, CAT, EWJ...
- Up against rising trend line resistance: AEM
- Moderately overbought: AMAT, AMD, AMTD, AU, BHP, BLG, BVN, CREE, CSL, CY, EWC, FRO...
- Standard overbought: AAPL, CMI...
- To no position for now: AMTD
- More later. Anything here may be off base.
Tuesday, September 4, 2007
Based on EOD August 31, 2007
- YI: -2
- To a buy: CHK
- Possible bottom here for: CORS
- Trying to hold some rising trend line support: IRF, CL, and LMT
- Trying to hold falling trend line support: ENER and IRF
- To a hold: ARM
- Trying to break above some falling trend line resistance: ADP, CFC, CLF, CMC, EEFT, EXP, FCX, GE, GLD, HMC, IDU, IFN, JNJ, JOSB, KGC, KMX, MDC, MTH, NBR, and NST
- Attempting to break above the 28 DMA here: ALC, ERF, ERIC, EWD, FBR, GFI, GG, GNSS, HMC, JCP, KEP, KMX, MRVL, and NX
- Up against rising trend line resistance: MEOH
- Moderately overbought now: AMTD, BHP, COP, DELL, EEM, and MOT
- Standard overbought: AAPL and CSCO
- A break out in either direction is on the way for: HMY, GT, and JNJ
- More later. Anything here may be off base.
Friday, August 31, 2007
EOD August 30, 2007
- YI: -3
- Possible bottom here for: EXP, INTU, and MTH
- Trying to bottom out in this area: BKX, C, JPM, LRW, RYL, WMAR, XLF, and YHOO
- Extremely oversold: CORS
- Standard oversold: CHK
- Moderately oversold: MCD, MER, MKC, PNRA, RNR, and WB
- Trying to hold some rising trend line support: CAKE, FXY, GIS, JNJ, and PDE
- Trying to hold falling trend line support: ENER, KEY, and SKS
- Attempting to break above the 28 DMA here: BKS, LSI, NYB, and PEP
- To a hold for now: SNE
- Trying to break above some falling trend line resistance: AMZN, AU, BLG, DRG, EEM, ERIC FCX, GF, GG, GOOG, IDA, IIX, JCP, MFE, NAT, RIO, RT, SBUX, SEE, SMH, SNE, SYMC, WMB, WY, and the XAU index.
- Attempting to break above the 28 DMA here: MOT, the OEX index, OGE, QCOM, XOI, and XPLT
- Up against rising trend line resistance: FDP and JOSB
- Moderately overbought now: BHI, DO, EON, and the XCI index.
- Standard overbought: MCRS, NOK, and WDC
- A break out in either direction is on the way for: AMN, BA, FBR, GE, GMCR, OCR, and PXD
- Anything here may be off base.
Thursday, August 30, 2007
Based on EOD 8-29-07.
- YI: +2.5
- To a buy: The XAU hourly at 10 AM, ARM, CDE, and GM
- Possible bottom here for: RYL
- Trying to bottom out: ACF, CAKE, ELY, EXP, KMX, MER, MTH, PRAA, SFY, STMP, TOL, and YHOO
- Moderately oversold: CY, EEFT, GT, IDA, INTU, RGLD, and SNA
- Trying to hold some rising trend line support: BKS, BTK, C, CBK, CHC, CREE, DNR, EBAY, GE, gold, GRZ, IYR, OCR, SYMC, and TSS
- Trying to hold falling trend line support: AIG, BKX, BPOP, CAT, CORS, ERF, F, GYMB, IWM, JPM, PNRA, SKS, SNE, TSM, WTS, XLF, XLP, and XNG
- Attempting to break above the 28 DMA: BAC, CLF, CPB, IIT, PAYX, RGA, and SGP
- Trying to break above some falling trend line resistance: APPB, AU, AVP, the dollar, DJ-30, EWJ, EWP, EWU, MEOH, NG, PDE, PXD, TXU and the YI.
- RADN is attempting to break above the 28 DMA.
- XMSR is mildy overbought.
- Anything here may be off base.
Wednesday, August 29, 2007
Based on EOD August 28, 2007.
- YI: -4
- CFC and MRVL are trying to bottom out in this area.
- Moderately oversold: KGC, PEG, RGLD, RT, SEE, and SNDK
- Trying to hold some rising trend line support: ADP, BKS, CPB, GNSS, GRZ, LUFK, OKE, PBY, TOT, UN, and USU
- Trying to hold falling trend line support: ACF, BKC, and MDC
- To a hold for now: QLGC
- Trying to break above some falling trend line resistance: MEOH
- Attempting to break above the 28 DMA here: NEM and RMBS
- A break out in either direction is on the way for: BGF
- Anything here may be off base.
Tuesday, August 28, 2007
Rest of the work based on EOD 8-27-07 prices.
- Trying to hold some rising trend line support: NFI and NST
- Trying to hold falling trend line support: GM and RYL
- Trying to break above some falling trend line resistance: AMTD, BHI, CSCO, ELN, GIS, NBR, PTR, TKR, TMO, TSU, TTH, and WDC
- Attempting to break above the 28 DMA here: BBBY, DELL, EWD, EWG, EWI, EWP, EWQ, EWU, FCX, GGB, MOT, NX, OEX, OXY, PDS, PHG, QQQQ, and RDC
- Up against rising trend line resistance: BA, BHP, GE, and GOOG
- Moderately overbought: BMY, CPB, DO, ENR, FTO, FXB, FXE, GR, HPQ, IBM, IIX, JNPR, JWN, KFT, LOW, MTD, PDA, RIO, SUN, TLB, and the VXO
- Standard overbought: STX
- Extremely overbought: SHI
- A break out is on the way for: MMC, STMP, and YHOO
- Anything here may be off base.
Based on EOD 8-27-07.
- YI: -2.5
- Moderately oversold: The dollar...
- Trying to break above the 28 DMA here: E-Mini 500...
- To a sell: XAU hourly at 10 AM...
- More later. Anything here may be off base.
Monday, August 27, 2007
Rest of the work for EOD 8-24-07.
- To a buy: PTEN
- Possible bottom for: RHAT
- Trying to bottom out: RT and TASR
- Trying to hold some rising trend line support: PRAA
- Attempting to hold the 28 DMA: RGLD
- Trying to break above falling trend line resistance: NTES, OCR, QCOM, SPC, TSM, TSS, UGP, and USA
- Attempting to break above the 28 DMA: LSI, PHI, RIG, SVU, TOL, and WHR
- Moderately overbought: NFI and TXU
- Anything here may be off base.
Based on the close of August 24, 2007.
- YI: -2
- To a buy: HMY
- Trying to bottom out in this area: CBK, EOG, F, JCP...
- Trying to hold some rising trend line support: ADP, CSL, EEFT...
- Attempting to hold the 28 DMA here: IDA, KO...
- Trying to break above some falling trend line resistance: ABX, BAC, BMY, BTK, CHC, DJ-30, DO, DVY, EWA, GFI, GG, GGB, HMY...
- Attempting to break above the 28 DMA here: ACAS, BVN, CMC, CORS, DRG, GLW, GOOG...
- Moderately overbought now: AEM, EMC, FDP, FXC, IYM...
- More later. Anything here may be off base.
Friday, August 24, 2007
S&O's based on EOD August 23, 2007 prices.
- YI: -3
- Trying to bottom out: PTEN
- Trying to hold rising trend line support: CAKE, FXY, KO, PLT, SKS, and WTS
- Trying to hold falling trend line support: CHK, HMY, and RHT
- To a hold for now: SWC
- Trying to break above falling trend line resistance: ACAS, ASA, BAA, BKS, BLG, CAT, DVY, ELN, EWG, EWI, EWJ, EWQ, FXB, GIS, GYMB, KFT, KMX, MOT, NEM, OEX, PLL, PXD, RDC, RGA, RIO, TOT, VFC, and the XAU index.
- Attempting to break above the 28 DMA: AA, AAUK, AEM, AU, BA, BHI, BMY, CLF, DELL, DJ-30, DO, DRG, EEM, EWC, EWU, FRO, FTO, FXE, IDU, IIX, IYM, JWN, NX, OEX, OGE, PAYX, RIO, ROK, SMH, S&P-500, SUN, TICC, TIE, TKR, TSM, UN, X, XCI, and XLK
- Up against rising trend line resistance: AIG, GR, GRZ, NFI, and PDA
- Moderately overbought: AAPL, ABX, CMI, GE, IIT, IRF, MRVL, NTES, SGP, SLE, WDC, WHR, WIRE, and WY
- Possible top for: JNPR
- Toppy: ENR
- A break out in either direction on the way for: JOSB
- Anything here may be off base.
Thursday, August 23, 2007
S&O's based on the August 22, 2007 EOD prices.
- YI: -2
- To a buy: SWC
- Probable bottom here for: HMY
- Trying to bottom out: NBR, SLV, and STMP
- Trying to hold some rising trend line support: HPQ and IDA
- EOG is trying to hold falling trend line support.
- Attempting to break above the 28 DMA here: VXO
- Trying to break above some falling trend line resistance: APPB, CPB, ELY, GLD, IDU, LMT, LSI, MFE, MMC, NOK, PCU, PDA, SBUX, SGP, SLE, STP, TZOO, UGP, and USA
- Attempting to break above the 28 DMA here: AMTD, BHP, BMS, BTK, BVN, FCX, GOOG, GT, KEY, MCD, NSM, PTR, PXD, SIFY, SVU, SYMC, T2108, TCK, TSU, TTH, XLB, and XLP
- Up against rising trend line resistance: CSCO and WNG
- Moderately overbought: AIG, AMZN, FDP, IYR, SFY, SYY, and TXU
- EMC is standard overbought.
- Toppy: STX
- Anything here may be off base.
Wednesday, August 22, 2007
S&O's for the close of August 21, 2007
- YI: -2.5
- To a buy: SNE
- Trying to bottom out in this area: USU
- Extremely oversold now: HMY
- Trying to hold falling trend line support: CORS
- Trying to break above some rising trend line resistance: ELN, HIT, NFI, Q, SMTC, SPC, VXO, and WMB
- Trying to hold falling trend line support: TASR and TOL
- Attempting to break above the 28 DMA here: ERIE and JPM
- Trying to break above some falling trend line resistance: AA, AMD, BBBY, BMY, CAT, ENR, FCX, GF, GOOG, IYM, IYR, JNPR, KFT, THQI, T2108, TICC, X, and XMSR
- Attempting to break above the 28 DMA here: AAPL, ABX, BKC, BPOP, KMX, MTD, PMCS, SHI, SLF, and XLU
- Up against rising trend line resistance: XAU
- Moderately overbought now: NOK, PEG, and THQI
- Here are the remaining S&O's for the close of 8/20/2007:
- Trying to break above some falling trend line resistance: QQQQ, RAI, RIO, SFY, SIFY, SLV, SMH, STX, TOT, TSM, UN, and XLE
- Attempting to break above the 28 DMA: PTR, Q, and SLE
- Anything here may be off base.
Tuesday, August 21, 2007
EOD August 20, 2007 S&O's.
- YI: -2.5
- CDE is trying to bottom out...
- Trying to hold falling trend line support: CORS
- Trying to break above some falling trend line resistance are: AIG, AMN, AMZN, ARM, BA, BKC, DRG, F, IIT, IIX, MTH, NTES, OKE, OXY, PDA, PHG, PLL...
- Attempting to break above the 28 DMA here: ACAS, ALD, AMZN, BKS, CBK, COP, DVY, GE, IYR, LRW, NSC, NVLS...
- Up against rising trend line resistance: CREE, KO, PG...
- Moderately overbought now: BKX, CAKE, ENR, GMCR, IDA, JPM, NST, NYB, PAYX...
- Standard overbought: HMSY
- More later. Anything here may be off base.
Monday, August 20, 2007
S&O's based on the August17, 2007 EOD prices.
- YI: -2.5
- To a buy: AMD and QLGC
- Possible bottom here for: The DRG index, ERIC, GNSS, and YHOO
- Trying to bottom out in this area: ARM, BAA, EWJ, HIT, MEOH, NG, NTES, SIFY, the XAU index, XPLT, and XSLV
- Standard oversold now: GF, GG, SLV, and TZOO
- Moderately oversold: ELN, GLD, MRK, RHT, and STP
- Trying to hold some rising trend line support: AA, CY, GOOG, SKS, SNA, and XMSR
- Trying to hold falling trend line support: ABX and GF
- Attempting to hold the 28 DMA here: CSL
- Trying to break above some falling trend line resistance: AAPL, ACF, AMAT, AU, BHI, BKS, BMS, BPOP, CHC, CHK, COP, the DJ-30, DVY, EEM, EOG, EWD, EWI, EWP, EWQ, EWU, FBR, GFI, GT, IBM, IYR, KEP, NBR, NVLS, OGE, PNRA, PTEN, PTR, RT, SNE, SUN, SYY, TCK, TTH, TXU, USA, WB, WY, and the XCI index.
- Attempting to break above the 28 DMA here: AIG, EON, IFN, INTU, IWM, JCP, KEY, MER, NSM, RGA, RNR, TOL, and WDC
- Up against some rising trend line resistance: RGA
- Moderately overbought now: CGI, NFI, MKC, and XLF
- Anything here may be off base.
Friday, August 17, 2007
S&O's for EOD August 16, 2007.
- YI: -4.5 (Once again, the -5 level on the YI indicated a deeply oversold condition for the market, resulting in an incredible recovery bounce off the lows of the day.)
- To a buy: The XAU hourly at 2 PM yesterday, and SWC
- Possible bottom here for: ACAS and PLL
- Trying to bottom out now: BBBY, CORS, CREE, the IIX index, MDC, MTH, OCR, PBY, PDE, PXD, RHT, RYL, SMH, TOL, USA, and XLE
- Extremely oversold: AAUKD, ACF, AMD, ARM, CFC, LOW, TICC, and the VXO.
- Standard oversold: AAPL, ALEX, AMN, ASA, BVN, CAT, CDE, the DJ-30, the E-Mini 500, ERF, ERIC, EWQ, F, FCX, GLW, HMC, IIT, KGC, KMX, MU, NG, NWL, PCU, PHG, PTR, RDC, RIO, the S&P-500, TIE, TXU, USA, and the XAU index.
- Moderately oversold: AMAT, CSTR, CY, EEFT, EWP, IDU, JWN, LMT, MCD, MFE, NEM, NOK, QQQQ, SNA, SNDK, and WTS
- Trying to hold some rising trend line support: AEM, AMZN, BHP, COP, CSCO, the DRG index, EWA, EWD, EWG, EWI, EWJ, EWU, FXB, GE, GGB, GLD, GR, GRZ, IFN, IRF, IYM, JNPR, JOSB, LSI, MER, MRK, MRVL, NSM, the OEX index, PDA, PEG, QCOM, SBUX, SHI, SNE, SUN, TASR, TCK, TMO, TSM, WMB, and X
- Trying to hold falling trend line support: ABX, ALD, AMTD, BA, BGF, BHI, BKC, BMY, the BTK index, CLF, CMC, DO, the DRG index, ENER, EOG, EXP, GE, GG, GM, HPQ, IYR, KO, MOT, MSCC, RIG, SFY, SLV, TKR, TLB, XLP, and the XOI index.
- Attempting to hold the 28 DMA here: EBAY
- To a hold for now: PDS
- Trying to break above some falling trend line resistance: BPOP and WHR
- Attempting to break above the 28 DMA here: JPM and SGP
- Standard overbought: FXY
- Anything here may be off base.
Thursday, August 16, 2007
S&O's based on the close of August 15, 2007.
- YI: -5
- Possible bottom here for: JCP and QLGC
- Trying to bottom out now: CAKE, CGI, IYR, NVLS, RMBS, RT, TIE, and TLB
- Extremely oversold: TICC
- Standard oversold: BHI
- Moderately oversold now: BGF, FXB, FXC, FXE, NEM, and NG
- Trying to hold some rising trend line support: ALD, AMN, BA, CREE, ELN, ERF, EWQ, RGLD, STMP, SU, SVU, WHR, X, the XAU index, and XLP
- Trying to hold falling trend line support: BBBY, BKC, CAT, KMX, WOR, and XLPT
- Attempting to hold the 28 DMA here: IDA, MDT, and PG
- To a hold for now: PDS
- Trying to break above the 28 DMA here: SEE
- Up against rising trend line resistance: FXY
- A break out in either direction is on the way for: RADN
- Anything here may be off base.
Wednesday, August 15, 2007
S&O's based on the August 14, 2007 EOD numbers.
- YI: -4.5
- Trying to bottom out: ABX and CBK
- Moderately oversold: ALD
- Trying to hold some rising trend line support: AEM, CAKE, CAT, ERIC, GOOG, IIT, KEP, MCRS, NEM, NST, SNDK, USA, XLF, XMSR, and the XOI index.
- Trying to hold falling trend line support: AMD, BHP, KGC, SKS, STP, TIE, and TSM
- Trying to break above some falling trend line resistance here: CPB, ERS, SHI, SLE, and THQI
- Attempting to break above the 28 DMA at this point: LMT and PDE
- Moderately overbought now: ENR and STX
- A break out in either direction is on the way for: BVN and XLE
- Anything here may be off base.
Tuesday, August 14, 2007
S&O's based on the August 13, 2007 close.
- YI: -3
- To a buy: PDS
- Trying to bottom out: The DRG index, QCOM, TYC, and USA
- Standard oversold: NTES
- Moderately oversold now: The DJ-30, EWI, GGB, and KMX
- Trying to hold some rising trend line support: CREE, GE, KO, and SKS
- Trying to hold falling trend line support: BBBY, FXB, FXE, MTU, and SWC
- Trying to break above some falling trend line resistance: BA, CLF, COP, FCX, GNSS, IBM, KEP, MTD, NOK, NSM, OGE, PBY, PLT, RADN, SFY, SGP, SNA, TIE, USU, WDC, X, and YHOO
- Attempting to break above the 28 DMA here: CORS and RGA
- Moderately overbought now: BLG, IRF, and WNG
- Standard overbought: AEM and SNDK
- Toppy here: CSL
- To no position for now: CORS
- Anything here could be off base.
Monday, August 13, 2007
S&O's based on the August 10, 2007 close.
- YI: -3
- Possible bottom here for: LUFK and SHI
- Trying to bottom out: ACF, BPOP, CPB, GFI, GIS, GT, HMY, PHG, Q, QLGC, SLE, SMTC, SYMC, TXU, USA, WIRE, WY, and the XOI index.
- Extremely oversold: AA and X
- Standard oversold: AAUKD, CPB, MEOH, NX. OKE, OMN, PTR, PXD, QCOM, SGP, TCK, TYC, the VXO, and WHR
- Moderately oversold: AAPL, BHI, COP, EMC, ERIC, EWA, EWC, EWD, GF, ROK, SLV, TSS, TTH, the XCI index, XPLT, and XSLV
- Trying to hold some rising trend line support: ACAS, ARM, AU, BA, CAT, EON, EWG, EWI, GE, HMC, HPQ, JNPR, JOSB, MTD, the OEX index, PCU, PDA, PLL, QQQQ, RADN, RIO, SFY, SNE, and THQI
- Trying to hold falling trend line support: BKC, BMY, CHK, CMC, CMI, the DJ-30, EWQ, KEY, LMT, PTEN, and XLK
- Attempting to hold the 28 DMA here: AMZN and FXE
- To a hold: WON
- Trying to break above some falling trend line resistance: BKS, LRW, MMC, MTH, OXY, RGA, SPC, TOL, and WOR
- Attemting to break above the 28 DMA here: BHI, CHC, CGI, GM, and STMP
- Moderately overbought: SBUX
- Standard overbought: CSL
- Extremely overbought: CY
- Anything here could be off base.
Here is the rest of the work based on the close of 8/9/07.
- Standard oversold: OGE and TKR
- Trying to hold some rising trend line support: NOK, NWL, and WDC
- Trying to hold horizontal trend line support: PTEN
- Trying to hold falling trend line support: LOW, PXD, and THQI
- Attempting to hold the 28 DMA: PLT
- To a hold for now: TZOO and YHOO
- Trying to break above some falling trend line resistance: MOT, SKS, STMP, and TICC
- Attempting to break above the 28 DMA: MU, RMBS, and SWC
- Up against rising trend line resistance: NG and RHT
- Moderately overbought: TLB
- Standard overbought: MCRS and RGLD
- Anything here could be off base.
Friday, August 10, 2007
S&O's based on the August 9, 2007 terrible close.
- YI: -2.5
- Standard oversold: ARM and OGE
- Trying to hold some rising trend line support: AU, BGF, EBAY, gold, IBM, LMT, and NOK
- Trying to hold falling trend line support: GR, JCP, and LOW
- To a hold for now: CORS
- Trying to break above some falling trend line resistance: AVP, BBBY, CBK, GM, and MOT
- Attempting to break above the 28 DMA here: CBK, CHC, the dollar, ELN, ELY, ERS, IRF, and MU
- Up against rising trend line resistance: NG
- Moderately overbought now: ENER
- Standard overbought: MCRS
- Extremely overbought: KO
- Toppy here: CSCO, CY, DNR, and JNPR
- More later. Anything here could be off base.
Here is the rest of the work based on the close of 8/8/07.
- Trying to bottom out: SHI
- Trying to hold some rising trend line support: TMO
- Trying to hold falling trend line support: SFY and SNE
- Trying to break above some falling trend line resistance: SBUX, SNDK, SPC, and WMB
- Attempting to break above the 28 DMA: STMP, TSS, and XLF
- Up against rising trend line resistance: The S&P-500 and the XOI index.
- Moderately overbought: WTS
- Anything here could be off base.
Thursday, August 9, 2007
S&O's based on the August 8, 2007 close.
- YI: 0 (So once again, the YI zero line has acted as a point of resistance or support for the market.)
- To a buy: CORS
- Possible bottom here for: ASA, AVP, CLF, and ERF
- Trying to hold falling trend line support: QCOM
- Attempting to hold the 28 DMA here: EMC
- To a hold for now: MTH and RMBS
- Trying to break above some falling trend line resistance: ACAS, AMZN, BLG, the BTK index, CBK, CSTR, DELL, DJ, DO, DVY, EEFT, ERIC, EWG, EWI, EXP, FBR, GFI, GLD, IYR, JWN, LSI, MER, NSM, NST, OXY, QQQQ, RDC, and RT
- Attempting to break above the 287 DMA here: AIG, BHI, BKC, the BKX index, C, CREE, the DRG index, DVY, EWA, EWG, EWI, EWU, GGB, the IIX index, IYR, JPM, KEP, MTH, and PRAA
- Moderately overbought: CAKE, CHK, the DJ-30, IDA, IDU, PEG, and PNRA
- ALD, ALEX, CSL, EBAY, and PHI
- Toppy: AMN
- To no position: The XAU hourly at 3 PM yesterday.
- More later. Anything here could be off base.
Wednesday, August 8, 2007
S&O's based on the August 7, 2007 close.
- YI: -1.5
- To a buy: MTH, RMBS, TZOO, and the XAU hourly at 10 AM yesterday.
- Possible bottom here for: AA, IYM, and PTEN
- Trying to bottom out: AU, GLW, PDE, PTR, SFY, and TXU
- Extremely oversold: HMY and PXD
- Standard oversold: GFI
- Moderately oversold: Heating Oil, HMC, MEOH, MFE, and OXY
- Trying to hold some rising trend line support: ERIC, FCX, FTO, NLY, and WMB
- Trying to hold falling trend line support: ALC and AVP
- Attempting to hold the 28 DMA here: BA
- Trying to break above some falling trend line support: ADP, BAC, the BKX index, EOG, EON, GM, INTU, IRF, IWM, KEY, KGC, RGA, SUN, TOL, UGP, XLF, XLP, and the XNG index.
- Attempting to break above the 28 DMA here: EEFT, GIS, and MCD
- Up against rising trend line fesistance: CHK
- Standard overbought now: HPQ
- Anything here could be off base.
Tuesday, August 7, 2007
S&O's based on the August 6, 2007 close.
- YI: -3
- Possible bottom here for: ACF, BHI, NVLS, QGLC, REDF, SPC, SVU, SWC, TZOO, and X
- Trying to bottom out: BLG, CDE, COP, EOG, EXP, F, GNSS, GRZ, MMC, MOT, MRVL, MTD, MTU, RDC, SNE, TCK, XLF, and the XOI index.
- Standard oversold: AMD, FTO, the IIX index, SFY, SHI, and WHR
- Moderately oversold: AU, BHP, ENR, GOOG, RIG, RIO, SYMC, TLB, and the XNG index.
- Trying to hold some rising trend line support: APPB, ARM, ASA, BA, DNR, GG, GGP, GT, KEP, KMX, LMT, STP, and TIE
- Trying to hold horizontal trend line support: PTEN
- Trying to hold falling trend line support: AAUKD, ENER, ERF, GFI, IFN, IWM, MOT, NEM, NFI, NTES, PHG, SUN, USU, and the XAU index.
- Attempting to hold the 28 DMA: CY and WDC
- Trying to break above some falling trend line resistance: ALD, AMTD, CFC, ELN, NLY, PLL, and RHT
- Attempting to break above the 28 DMA: ADP
- Moderately overbought: GLD
- Anything here could be off base.