- 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.
Friday, August 31, 2007
EOD August 30, 2007
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.
S&O's based on the August 3, 2007 close.
- YI: -5 (The market was standard oversold at this point on the YI.)
- To a buy: BPOP
- Possible bottom here: CBK, CGI, MER, and MTU
- Trying to bottom out: BMS, BMY, IYM, JCP, JOSB, MMC, MOT, the OEX index, RHT, RMBS, SHI, the S&P-500, SVU, TICC, TSM, WB, and WHR
- Extremely oversold: ACF, MTH, NFI, PBY, SWC, and QLGC
- Standard oversold: AMTD, BHI, CORS, EXP, PHG, USA, and WY
- Moderately oversold: DELL, GE, HMC, IDU, IFN, KEP, MRVL, NVLS, OMN, PMCS, PMCS, SMH, SNE, WIRE, and XLK
- Trying to hold some rising trend line support: BHP, CLF, CMC, DVY, EEM, EMC, FCX, FTO, MFE, NSC, NSM, OGE, OKE, PCU, PDA, PLT, RIO, RNR, XLF, and XMSR
- Trying to hold falling trend line support: BBBY, the BTK index, CDE, EWQ, IDA, IRF, IYR, KEP, KGC, SKS, TOL, UGP, and XLU
- Attempting to hold the 28 DMA: AMN and STX
- To a hold: CFC
- Ttying to break above some falling trend line resistance: ADP, CAKE, EBAY, and GLD
- Attempting to break above the 28 DMA: OCR
- Moderately overbought: FXC
- Toppy: FXY
- A break out in either direction is on the way for: EWG
- Anything here could be off base.
Monday, August 6, 2007
S&O's for the close of August 2, 2007
- YI: -3
- Possible bottom here for: BPOP, C, and CORS
- Trying to bottom out: ACF, CBK, and NWL
- Extremely oversold: LSI
- Standard oversold: The BTK index and MTU
- Moderately oversold: DO, IIT, MRVL, and RDC
- Trying to hold some rising trend line support: GNSS, JOSB, PLT, SFY, and XLE
- Trying to hold horizontal trend line support: FBR
- Trying to hold falling trend line support: CFC
- Attemting to hold the 28 DMA: PCU
- Trying to break above some falling trend line resistance: AEM, APPB, EWD, GM, IBM, IDU, the IIX index, IYM, JNJ, KO, LOW, MDC, the OEX index, SBUX, THQI, TKR, TSS, and WTS
- Attempting to break above the 28 DMA: ARM and FXC
- Up against rising trend line resistance: BGF
- Moderately overbought: WMB
- Standard overbought: AMAT
- Toppy: DNR
- Anything here may be off base.
Friday, August 3, 2007
Here is the rest of the work based on the close of 8-1-07.
- Trying to bottom out: MU, NFI, and NVLS
- Extremely oversold: TOL, PXD, QLGC, RHT, and RMBS
- Standard oversold: REDF and the VXO
- Moderately oversold: KGC, MTD and PHI
- Trying to hold some rising trend line support: The IIX index, JCP, KEP, MCD, MDC, MER, NSM, PLL, PRAA, SMH, SNDK, SNE, TASR, and USA
- Trying to hold falling trend line support: INTU, KEY, RT, STX, and TSS
- Attempting to hold the 28 DMA: HPQ, IBM, and STX
- To a hold: PNRA
- Trying to break above some falling trend line resistance: JWN, MMC, and RYL
- Attempting to break above the 28 DMA: NST
- Moderately overbought: GYMB
- Anything here may be off base.
Thursday, August 2, 2007
Morning Update based on the August 1, 2007 close.
- YI: -3.5
- To a buy: The XAU hourly at yesterday's close.
- Possible bottom here for: ERS
- Trying to bottom out in this area: AIG, ALC, AMD, BHI, the BKX index, BMY, the DJ-30, the E-Mini 500, and ERF
- Extremely oversold: BKS
- Standard oversold: CLF
- Moderately oversold: CSL, CSTR, and ERIC
- Trying to hold some rising trend line support: AAPL, AU, BHP, CBK, COP, DELL, and GE
- Trying to hold horizontal trend line support: EWA and EWJ
- Trying to hold falling trend line support: AA, CPB, and GG
- Attempting to hold the 28 DMA here: AAPL
- Trying to break above some falling trend line resistance: BGF, EWP, EWU, and heating oil.
- More later. Anything here could be off base.
Here is the rest of the work based on the close of 7-31-07.
- Trying to bottom out: PDE
- Extremely oversold: RGA
- Standard oversold: PDS, PTEN, SEE, STMP, and THQI
- Trying to hold some rising trend line support: MRK, MRVL, OKE, QQQQ, SMH, WHR, XLE, and XLP
- Trying to hold horizontal trendline support: NX
- Attempting to hold the 28 DMA: RDC
- Trying to break above some falling trend line resistance: MFE, NOK, OGE, PDA, PTR, RNR, SHI, SLE, SLV, SMTC, STP, SYY, and X
- Attempting to break above the 28 DMA: WMB
- Up against rising trend line resistance: RIO and TASR
- Anything here could be off base.
Wednesday, August 1, 2007
S&O's based on the July 31, 2007 close.
- YI: -4.5
- Possible bottom forming in this area for: ERS
- Trying to bottom out now: CGI
- Moderately oversold: AVP
- Trying to hold some rising trend line support: IBM and LRW
- Trying to hold falling trend line support: DELL and LSI
- Attempting to hold the 28 DMA here: CSCO and KGC
- Trying to break above some falling trend line resistance: ACAS, BHP, CDE, EMC, EWP, EWU, and FCX
- Attempting to break above the 28 DMA here: AU, ENER, F, and JWN
- Up against rising trend line resistance: FDP
- Moderately overbought now: GYMB
- Standard overbought: AMAT
- Toppy here: CMI and GR
- More later. Anything here could be off base.
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