Wednesday, February 28, 2007

Poor NFI is all beaten up here...

It certainly was "Apocalypto" yesterday!

  1. YI: +1.5
  2. Trying to finally bottom out in this area is: NFI
  3. Standard oversold at this point is: MDC
  4. Moderately oversold: AIG, BAC, the DJ-30, SLE, the S&P-500, TMO, the VXO, and XLE
  5. Trying to hold some rising trend line support: AAUK, AEM, ALD, BA, COP, DVY, EOG, EWI, EWP, FTO, HMC, IIT, INTU, JOSB, JWN, KMX, LMT, NOK, NWL, PCU, RFMD, SLV, SNA, STX, TOL, TTH, and YHOO
  6. Trying to hold falling trend line support: ABX, CGI, DELL, ERIC, and NSC
  7. Attempting to hold the 28 DMA here: AA, ADP, BGF, BKC, CAT, CMI, CY, IYM, MTD, PD, USU, and XLB
  8. Moderately overbought at this point: BAA
  9. Standard overbought: TXU
  10. Anything posted here could be off base.

Tuesday, February 27, 2007

XLU toppy.

Based on the closing prices of 2-26-07

  1. YI: +4
  2. Trying to bottom out in this area: JNJ and QLGC
  3. Extremely oversold now: NFI and SNDK
  4. Standard oversold: IDA
  5. Moderately oversold: ACF, KEP, MDC, and MDT
  6. Trying to hold some rising trend line support: AIG, CY, the DRG index, IWM, LMT, MER, NSC, the OEX index, and T2104
  7. Trying to hold falling trend line support: GE
  8. Attempting to hold the 28 DMA here: The BKX index, the BTK index, the DJ-30, IYR, JCP, JWN, and SKS
  9. Trying to break above some falling trend line resistance: AMD, CDE, EBAY, MOT, PHG, and PMCS
  10. Now up against some rising trend line resistance: ADP
  11. Moderately overbought now: ALD, GFI, Heating Oil, PNRA, SUN, WDC, XLE, and the XOI index.
  12. Standard overbought: MFE, RFMD, STX, TXU, USU, and YHOO
  13. Extremely overbought: IDU, MCRS, PCU, and PEG
  14. Toppy here: AAUK, EWJ, GPC, LYO, SMTC, TIE, and TZOO
  15. To a sell: XLU
  16. A break out in either direction is on the way for: HIT and PTR
  17. To no position for now: WY
  18. Anything posted here could be off base.

Sunday, February 25, 2007

I wonder if CLF is putting in a top here...

Based on the closing prices of 2-23-07

  1. YI: +4
  2. Moderately oversold now: The DRG index, MRK, SGP, SYY, and TOL
  3. Trying to hold some rising trend line support: BMS, MDT, SHI, and TMO
  4. Attempting to hold the 28 dma here: GM
  5. Trying to break above some falling trend line resistance: AMD, COP, GFI, GG, HIT, SBUX, and WDC
  6. Attempting to break above the 28 DMA here: DO and ENER
  7. Now up against some rising trend line resistance: IRF
  8. Moderately overbought at this point: AEM, AMAT, CREE, FCX, FTO, LSS, MDT, MSCC, NSM, NVLS, PDE, PLT, PMCS, RIG, SMH, and SUN
  9. Standard overbought now: ASA and KGC
  10. A possible top may be forming in this area for: CY
  11. Toppy here: ALEX, MCD, NX, SMTC, and WGII
  12. To a sell: CLF
  13. To no position for now: XLU
  14. Anything posted here could be of base.

Thursday, February 22, 2007

SFY may be in the process of bottoming out.

Based on the closing prices of 2-22-07

  1. YI: +4.5
  2. A possible bottom may be forming in this area for: SFY
  3. Trying to bottom out now: AMTD, SBUX, and SYMC
  4. Moderately oversold now: HMC, HPQ, and MOT
  5. Trying to hold some rising trend line support: BMY, MDC, NOK, TASR, and TTH
  6. Trying to hold some falling trend line support: SNDK
  7. Trying to break above some falling trend line resistance: AEM, AU, EOG, FCX, FTO, GLW, HMY, JOSB, MTU, RNR, WTS, and the XAU index.
  8. Attempting to break above the 28 DMA now: BAA, GOOG, and WDC
  9. Now up against some rising trend line resistance: EMC, GT, PLL, and XLK
  10. Moderately overbought now: AAPL, CAKE, CDE, FXE, MRVL, RGLD, SHI, TSM, USU, WMB, and WOR
  11. Standard overbought: NWL, PD, PHI, QQQQ, and SNA
  12. Extremely overbought: IWM, RIO, and TIE
  13. A possible top may be forming in this area for: BGF, OCR, and TSS
  14. Toppy here: IYM, JWN, SEE, and XLB
  15. To a sell: X
  16. Anything posted here could be off base.

Based on the closing prices of 2-21-07

  1. YI: +4.5
  2. Trying to bottom out: BHI
  3. Standard oversold: FBR
  4. Moderately oversold: KO and RDC
  5. Trying to hold some rising trend line support: ADP, CUP, ECA, ELN, EWP, KMX, PTR, RMBS, SFY, SU, and TOL
  6. Trying to hold falling trend line support: MU
  7. Attempting to hold the 28 DMA here: DJ and TXU
  8. To a hold for now: AMD and NFI
  9. Trying to break above some falling trend line resistance: AMZN, MRVL, NG, SIFY, and TASR
  10. Now up against some rising trend line resistance: ALEX and NX
  11. Moderately overbought: CBK, NTES, PNRA, and STMP
  12. Standard overbought: The IIX index, LYO, MCRS, and OCR
  13. Extremely overbought: GR and TSS
  14. Toppy here: BBBY, the BKX index, the DJ-30, EWA, EWG, SNE, and the S&P-500.
  15. A break out in either direction is on the way for: The BTK index, CHK, REF, and the XOI index.
  16. To no position for now: CBK
  17. Anything posted here could be off base.

Wednesday, February 21, 2007

EWI may need some type of correction soon.

Based on the close of 2-20-07

  1. YI: +5
  2. Trying to bottom out: IDA and WTS
  3. Moderately oversold now: AMTD
  4. Trying to hold some rising trend line support: ABX, DO, FTO, HMY, NX, PHG, PLL, RGLD, RIG, and SYMC
  5. Attempting to hold the 28 DMA here: HMC, NST, and OGE
  6. Trying to break above some falling trend line resistance: AIG, CREE, MDC, Q, WGII, and XMSR
  7. Attempting to break above the 28 DMA here: DELL and LSI
  8. Now up against some rising trend line resistance: BGF, GYMB, JCP, and MDC
  9. Moderately overbought now: QCOM and THQI
  10. Standard overbought: HIT, NXL, WHR, and YHOO
  11. Extremely overbought: BKC, XLF, and XLP
  12. Toppy here: EWI
  13. A break out in either direction is on the way for: NX
  14. To no position for now: IDU and PEG
  15. Anything posted here could be off base.

Monday, February 19, 2007

Based on the close of 2-16-07

  1. YI: +5
  2. To a buy: XMSR
  3. Trying to bottom out here: RDC
  4. Moderately oversold now: BHI, DO, and JNJ
  5. Trying to hold some rising trend line support: AMTD, BAA, CHC, KGC, PLL, and RADN
  6. Attempting to hold the 28 DMA here: AEM, BPOP, FTO, KO, and SGP
  7. Trying to break above some falling trend line resistance: CREE, GFI, and Q
  8. Attempting to break above the 28 DMA here: CBK, CDE, DELL, LSI, and PLT
  9. Now up against some rising trend line resistance: EWI, JCP, MRVL, NEM, PCU, PHI, and XLE
  10. Moderately overbought: ACF, AMAT, AMZN, BAC, BBBY, CUP, CY, ELN, FCX, FXE, GG, IRF, KEA, NWL, OCR, OXY, QCOM, RFMD, SCHW, SMTC, SWC, THQI, and TZOO
  11. Standard overbought: AEM, GM, NXL, SKS, TIE, and WB
  12. Extremely overbought: The BKX index, CMI, DVY, GR, and XLU
  13. Toppy here: BA, BGF, the DJ-30, ENR, EWA, EWC, EWG, EWP, EWQ, GLD, the IIX index, JWN, LMT, LYO, QQQQ, the S&P-500, STP, T2104, and X
  14. To a sell: WY
  15. A break out in either direction is on the way for: AAPL and RGLD
  16. Anything posted here may be off base.

Friday, February 16, 2007

PEG looks like a sell in this area.


 

Based on the 2-15-07 close.

  1. Trying to bottom out now: FBR
  2. Moderately oversold: WTS
  3. Trying to hold some rising trend line support: KO
  4. Trying to break above some falling trend line resistance: IIT, JNPR, the OEX index, PDE, PG, SBUX, SMH, WOR, and the XOI index.
  5. Trying to break above horizontal trend line resistance: CUP
  6. Attempting to break above the 28 DMA here: BMS, C, GE, and MER
  7. Now up against some rising trend line resistance: BBBY, GG, JWN, NX, and RIO
  8. Moderately overbought now: ALD, AMAT, ASA, BAC, EBAY, MFE, MTU, NG, PHG, SIFY, VZ, WGII, and the XAU index.
  9. Standard overbought now: AAUK, BKC, CAT, CLG, CMI, EWJ, GPC, MCRS, NOK, RI, and SEE
  10. Extremely overbought: ADP, IYM, PCU, and SNE
  11. Toppy here: CLF and SKS
  12. To a sell: IDU, PEG, and XLU
  13. A break out in either direction is on the way for: AAPL, AIG, HPQ, and QLGC
  14. Anything posted here may be off base.
 

Thursday, February 15, 2007

EWD is holding the 28 DMA nicely so far.


 

Based on the 2-14-07 close.

  1.  YI: +5
  2. To a buy: AMD
  3. Trying to bottom out: BAA and LSI
  4. Trying to hold some rising trend line support: AU and PBY
  5. Trying to hold falling trend line support: AMDT and MSCC
  6. Attempting to hold the 28 DMA here: ARM, CSCO, TMO, and USU
  7. Trying to break above some falling trend line support: ASA, ECA, FCX, MTU, and XMSR
  8. Attempting to break above the 28 DMA here: HMY and SU
  9. Now up against some rising trend line resistance: CY and X
  10. Moderately overbought now: APPB, BKS, and TXU
  11. Standard overbought: ABX and PEG
  12. Extremely overbought: XLB
  13. A possible top may be forming in this area for: LMT
  14. A break out in either direction is on the way for: FTO
  15. Anything posted here may be off base.

Wednesday, February 14, 2007

Is NFI finally oversold enough?

 

Based on the 2-13-07 close.

  1.  YI: +4
  2. To a buy: NFI
  3. Trying to bottom out: DELL, GOOG, RNR, SFY, SNDK, WDC, and XMSR
  4. Extremely oversold: AMD
  5. Standard oversold: ENER, ERIC, and MU
  6. Moderately oversold: DO, KEP, MER, MRVL, PDE, RADN, SUN, and the XCI index.
  7. Trying to hold some rising trend line support: AMN, F, RDC, SPC, TSM, TSS, and the VXO
  8. Trying to hold falling trend line support: IFN and LSI
  9. Attempting to hold the 28 DMA here: EWD, GT, INTU, and the XOI index.
  10. Trying to break above some falling trend line resistance: ACAS, GE, KO, MRK, PD, SGP, and SWC
  11. Attempting to break above the 28 DMA here: MMC and MTU
  12. Now up against some rising trend line resistance: EWJ and SLE
  13. Moderately overbought now: CUP
  14. Standard overbought: FDP
  15. A break out in either direction is on the way for: BKC and GNSS
  16. Anything posted here could be off base.

Tuesday, February 13, 2007

AVP appears toppy here.


 

Based on the close of 2-12-07.

  1. YI: +3
  2. Trying to bottom out: ACAS and SPC
  3. Extremely oversold now is: NFI
  4. Standard oversold at this point: SBUX
  5. Moderately oversold here: CAKE, FBR, GE, IIT, KMX, MDC, and TOL
  6. Trying to hold some rising trend line support: BKC, COP, ELY, MCRS, QQQQ, and TASR
  7. Attempting to hold the 28 DMA here: BA, BMY, CGI, EWU, IBM, NTES, TYC, and XLE
  8. Trying to break above some falling trend line resistance: ALD and the VXO
  9. Moderately overbought now: GLD
  10. Standard overbought: GM
  11. Toppy here: AVP and GT
  12. Anything posted here could be off base. 

Sunday, February 11, 2007

IDU looks a wee bit toppy here.


 

Based on the close of 2-9-07.

  1.  YI: +3.5
  2. Moderately oversold now: ACAS, DJ, GYMB, and SFY
  3. Trying to hold some rising trend line support: CMI, ELN, JOSB, PCU, PTR, SPC, TMO, and WTS
  4. Trying to hold falling trend line support: AMD
  5. Attempting to hold the 28 DMA here: ACF, VZ, WOR, and XLP
  6. Trying to break above some falling trend line resistance: AU, BAA, COP, F, the XAU index, and theXOI index.
  7. Moderately overbought now: NEM, NST, RHT, RIG, and YHOO
  8. Standard overbought now: EMC
  9. Extremely overbought: EWP
  10. Toppy here: IDU, SMTC, and XLU
  11. A break out in either direction is on the way for: CHK and PD
  12. Anything posted here could be off base.

Friday, February 9, 2007

DVY looks tired.


 

Based on the 2-8-07 close.

  1. YI: +4.5
  2. Moderately oversold now: BAA, SU, and JNJ
  3. Trying to hold some rising trend line support: CGI, CLF, CSCO, ERF, MRK, MSCC, PG, PHI, and SYY
  4. Trying to hold falling trend line support: CDE
  5. Attempting to hold the 28 DMA here: The DRG index, EOG, ERF, and SLE
  6. Trying to break above some falling trend line resistance: The BTK index, CBK, EBAY, and RNR
  7. Now up against some rising trend line resistance: The IIX index.
  8. Moderately overbought now: AMZN, PMCS, and the QQQQ
  9. Standard overbought: OGE
  10. Toppy here: DVY, FDP, PCU, RI, and USU
  11. Anything posted here could be off base.

Thursday, February 8, 2007

ACF looks a bit toppy here.


 

Based on the 2-7-06 close.

  1. YI: +4.5 
  2. Trying to bottom out: MTU
  3. Moderately oversold now: FCX
  4. Trying to hold some rising trend line support: The DRG index, NG, PDE, RGLD, WHR, XLP, and the XOI index.
  5. Attempting to hold the 28 DMA here: ACAS, CAKE, the dollar, KMX, SEE, SPC, and SUN
  6. Trying to break above some falling trend line resistance: AAUK, BAC, EWD, HMC, JNPR, STX, TASR, and TKR
  7. Attempting to break above the 28 DMA here: IDA
  8. Now up against some rising trend line resistance: JCP
  9. Moderately overbought now: AVP, CSCO, GLW, RFMD, TXU, and WB
  10. Standard overbought: TIE and XLU
  11. Extremely overbought: LMT and WY
  12. A possible top may be forming in this area for: RIO
  13. Toppy here: ACF, PBY, and PEG
  14. A break out in either direction is on the way for: AU, C, GG, and HMY
  15. Anything posted here could be off base.

Wednesday, February 7, 2007

OCR looks a bit toppy here.


 

Based on the 2-6-06 close.

  1. YI:  +4.5
  2. Trying to bottom out: PLT
  3. Moderately oversold: BKC, GOOG, LSI,  and STX
  4. Trying to hold some rising trend line support: ACAS, DO, and ENER
  5. Trying to hold some falling trend line support: MSCC and SBUX
  6. Trying to break above some falling trend line resistance: ADP and SIFY
  7. Now up against some rising trend line resistance: GPC
  8. Moderately overbought: ABX, CLG, ECA, and TZOO
  9. Toppy here: CY and OCR
  10. A break out in either direction is on the way for: BGF and NTES
  11. Anything posted here could be off base.

Monday, February 5, 2007

TRE is trying to bottom out.


 

Based on the close of 2-5-07.

  1.  YI: +5
  2. Moderately oversold now: MMC
  3. Trying to hold rising trend line support: AMZN, EWJ, GM, PCU, PD, RIO, VZ, WMB, WOR, and WTS
  4. Attempting to hold the 28 DMA here: PHI
  5. To a hold for now: QLGC
  6. Trying to break above falling trend line resistance: BKS, OGE, PMCS, WB, and WON
  7. Attempting to break above the 28 DMA here: SIFY
  8. Now up against some rising trend line resistance: GT
  9. Moderately overbought now: ACF, BHI, BPOP, CHC, CPB, GRZ, heating oil, IFN, the IIX index, OCR, and RMBS
  10. Standard overbought: CMI
  11. A possible top may be forming in this area for: XLF
  12. Toppy here: TMO
  13. Probable top here for: TSS
  14. A break out is on the way for: SU
  15. Anything posted here could be off base.

SIFY is jumping up here...


Based on the close of 2-2-07.

  1. YI: +5
  2. A possible bottom may be forming in this area for: SIFY
  3. Trying to bottom out in this area: GNSS and MU
  4. Moderately oversold at this point: JNPR
  5. Trying to hold rising trend line support: AAPL, FCX, HMY, HPQ, NEM, RIG, SGP, and SPC
  6. Trying to break above falling trend line resistance: COP, GLW, JOSB, MCD, MDT, NSM, PDA, and SKS
  7. Trying to break above horizontal trend line resistance: CLG and RADN
  8. Attempting to break above the 28 DMA here: AMAT, BMS, CREE, KO, NST, NVLS, and PDE
  9. Now up against some rising trend line resistance: MDC, MFE, XLB, and XLF
  10. Moderately overbought now: CGI, ENER, ERF, EWQ, FTO, GPC, OGE, OXY, PLL, SMTC, TIE, USU, WOR, and the XOI index.
  11. Standard overbought: ALEX, AMN, IYM, LYO, SNA, and XLE
  12. Extremely overbought: DVY, JWN, MDT, and TYC
  13. A possible top may be forming in this area for: ACAS, CLF. and WHR
  14. Toppy here: CAT, the OEX index, WY, and XLP
  15. A break out in either direction is on theway for: AAUK, ASA, and CDE
  16. Anything posted here could be off base.

Friday, February 2, 2007

QLGC is trying to bottom out.


CBK is trying to bottom out.


Based on the close of 2-1-07.

  1. YI: +5
  2. To a buy: CBK and QLGC
  3. Trying to bottom out: AMD
  4. Moderately oversold: MRVL
  5. Trying to hold rising trend line support: DJ, EMC, PLT, and STX
  6. Attempting to hold the 28 DMA here: MRK
  7. Trying to break above falling trend line resistance: AAUK, ABX, ADP, BHI, CLG, EWU, SGP, STMP, and SUN
  8. Attempting to break above the 28 DMA here: BAC, BHI, CSTR, ELN, and RDC
  9. Now up against some rising trend line resistance: ACAS, EWJ, JCP, SEE, SFY, TOL, and TTH
  10. Moderately overbought: ACF, AEM, ASA, AU, BA, BMY, CAKE, CAT, DO, EOG, EWD, and IBM
  11. Standard overbought: EWP, PCU, RIO, SLV, and WTS
  12. Extremely overbought: X
  13. A break out in either direction is on theway for: GT
  14. Anything posted here could be off base.

Thursday, February 1, 2007

AIG is trying to bottom out here.


Based on the close of 1-31-07.

  1. YI: +4.5
  2. Trying to bottom out: AIG
  3. Extremely oversold: GNSS
  4. Moderately oversold: ERIC
  5. Trying to hold some rising trend line support: EWU, GE, and IIT
  6. Trying to break above some falling trend line resistance: AMZN, CAT, GG, NEM, WMB, and XLU
  7. Attempting to break above the 28 DMA here: OGE
  8. Now up against some rising trend line resistance: GR and SLE
  9. Moderately overbought now: FDP, RI, SWC, VZ, and the XNG index.
  10. Standard overbought: PHG and SVU
  11. A break out in either direction is on the way for: PTR
  12. To no position for now: ACAS
  13. Anything posted here could be off base.