MACR.. ever so faithful always waits for the latest minute not to disappoint and it didn't today. HIFN was on watch list of yesterday and today and CTIX was on today MVSN another big two day hit also hit. CMTN, GLX,TSCN etc. when I include an earnings play either as a 'preferred trade' or in the watch list it has a higher probability of being a good trade. Simply because here is where you get the perfect meshing of fundamentals/and technicals needed for a strong play. HLIT was not in a vacuum, it was a technically superior chart and a very superior fundamental play as well..
Watch List for July 27, 1999 Not an easy day but look for some of our earnings plays to hit, perhaps EBAY or IVIL, but I'm concerned that tomorrow could be another downer. Keep small positions, take profits when you can and don't forget your stops.
Stocks in Portfolio
Criteria Criteria Values __________________________________________________ STOCK PRICE display only 1/30-DY VOL RATIO display only PERCENT DAILY RANGE display only STOCH VAL 9/3 DY display only WILDER RSI 14-DY display only % HIGH VALUE 4-WK display only REL PERFORMANC 1-DY display only MOVING AVG 50-DY display only MOVING AVG 10-DY display only
1> HIFN - HI / FN INC .ESE Price= 78.6 VL/30= 137.5 %Rnge= 77.0 Sto9V= 50.2 W14dV= 61.5 %Hi4 = 96.1 1-Dy = 100.8 50MA = 119.5 10MA = 99.8
2> CYBX - CYBERONICS INC .MED Price= 12.6 VL/30= 84.3 %Rnge= 42.0 Sto9V= 82.3 W14dV= 56.0 %Hi4 = 100.0 1-Dy = 101.0 50MA = 105.1 10MA = 104.1
3> MAST - MASTECH CORP .DSE Price= 17.6 VL/30= 32.7 %Rnge= 13.0 Sto9V= 23.9 W14dV= 44.6 %Hi4 = 85.4 1-Dy = 96.5 50MA = 97.3 10MA = 91.7
4> UNFI - UNITED NAT FOODS INC .FDS Price= 18.8 VL/30= 65.8 %Rnge= 100.0 Sto9V= 24.1 W14dV= 29.8 %Hi4 = 75.7 1-Dy = 106.3 50MA = 79.2 10MA = 96.5
5> TSCN - TELESCAN INC .INT Price= 19.3 VL/30= 197.9 %Rnge= 100.0 Sto9V= 32.5 W14dV= 36.2 %Hi4 = 79.1 1-Dy = 100.6 50MA = 87.4 10MA = 92.7
6> DOX - AMDOCS LTD .DSO Price= 23.3 VL/30= 59.5 %Rnge= 65.0 Sto9V= 14.3 W14dV= 45.7 %Hi4 = 92.3 1-Dy = 101.6 50MA = 100.2 10MA = 96.0
7> MNC - MONACO COACH CORP .AMH Price= 25.5 VL/30= 36.8 %Rnge= 100.0 Sto9V= 18.2 W14dV= 50.8 %Hi4 = 90.3 1-Dy = 102.2 50MA = 106.5 10MA = 98.3
8> TWTC - TIME WARNER TELECOM INC .TLO Price= 31.0 VL/30= 298.5 %Rnge= 80.0 Sto9V= 86.9 W14dV= N/A %Hi4 = 100.0 1-Dy = 107.3 50MA = 124.6 10MA = 114.2
9> OATS - WILD OATS MKTS INC .RFS Price= 33.5 VL/30= 158.2 %Rnge= 17.0 Sto9V= 41.9 W14dV= 61.1 %Hi4 = 95.8 1-Dy = 103.0 50MA = 110.9 10MA = 99.9
10> CTIX - CHEAP TICKETS INC .SER Price= 40.1 VL/30= 115.2 %Rnge= 53.0 Sto9V= 65.7 W14dV= N/A %Hi4 = 96.2 1-Dy = 98.9 50MA = 117.5 10MA = 102.6
11> GLX - GLAXO WELLCOME PLC .DET Price= 51.1 VL/30= 84.1 %Rnge= 56.0 Sto9V= 5.9 W14dV= 30.0 %Hi4 = 87.4 1-Dy = 101.3 50MA = 90.6 10MA = 95.7
Watch List for June 23, 1999
Interpretation of Criteria and Technical Indicators of our Watch List
Check in the morning if any of our new earnings plays reported. Also still very bullish on CACS, VRSN, and ZRAN.. all good earnings and did well and still in uptrends.
Criteria Criteria Values __________________________________________________ STOCK PRICE display only 1/30-DY VOL RATIO display only PERCENT DAILY RANGE display only STOCH VAL 9/3 DY display only WILDER RSI 14-DY display only % HIGH VALUE 4-WK display only REL PERFORMANC 1-DY display only MOVING AVG 50-DY display only MOVING AVG 10-DY display only
1> PHCM - PHONE COM INC .DSO Price= 78.8 VL/30= N/A %Rnge= 53.0 Sto9V= 50.1 W14dV= N/A %Hi4 = 94.8 1-Dy = 94.8 50MA = N/A 10MA = 100.7 good earnings, good conference call. This could be a hold. 2> PTIX - PERFORMANCE TECHNOLOGIES INC .DCS Price= 18.9 VL/30= 26.8 %Rnge= 14.0 Sto9V= 24.1 W14dV= 47.6 %Hi4 = 87.7 1-Dy = 99.3 50MA = 107.8 10MA = 95.5 Reports on Monday. chart is mixed relative strength and MACD still bullish but the volume indicators as you can see above (1 out of 4 volume indicators used) are showing a lack of real interest and the stock is still in distribution. This might change however as earnings are due out on Monday. Resistance is a 19.50.. if it stays above resistance could be important for its acceleration
3> TSFW - TSI INTL SOFTWARE LTD .DSO Price= 23.1 VL/30= 340.3 %Rnge= 94.0 Sto9V= 48.9 W14dV= 50.7 %Hi4 = 81.2 1-Dy = 107.2 50MA = 101.3 10MA = 103.6 nice report.
4> AUDC - AUDIOCODES LTD .TES Price= 26.6 VL/30= 65.0 %Rnge= 63.0 Sto9V= 6.9 W14dV= N/A %Hi4 = 80.3 1-Dy = 106.5 50MA = N/A 10MA = 88.6 This one barely corrects but it did and the downgtrend could be ending as it ended up very nicely on Thursday.
5> KSWS - K-SWISS INC .LSP Price= 46.0 VL/30= 51.2 %Rnge= 41.0 Sto9V= 31.0 W14dV= 53.9 %Hi4 = 91.5 1-Dy = 102.9 50MA = 103.2 10MA = 99.2 A perennial winner, this time its oversold with a big gap between its relative performance for the past 52 weeks and its weak technical rank, s earnings are coming out today (Friday) should show anticipation.
6> IVIL - IVILLAGE INC .DSE Price= 49.8 VL/30= 69.6 %Rnge= 96.0 Sto9V= 14.9 W14dV= N/A %Hi4 = 79.2 1-Dy = 108.1 50MA = 102.9 10MA = 94.1
Watch this carefully, it reports Monday could show anticipation.
7> BVSN - BROADVISION INC .INT very nice chart Price= 67.9 VL/30= 140.0 %Rnge= 21.0 Sto9V= 14.6 W14dV= 48.9 %Hi4 = 88.1 1-Dy = 97.5 50MA = 112.3 10MA = 92.6 Still own it, still like it and an earnings surprise. What could be better than a stock that has an oversold stochastic, beginning uptrend bullish stochastic, relative Strength and MACD and even a bullish Money Flow
8> MVSN - MACROVISION CORP .DCS nice chart Price= 78.8 VL/30= 141.6 %Rnge= 79.0 Sto9V= 20.0 W14dV= 52.9 %Hi4 = 83.6 1-Dy = 98.9 50MA = 123.1 10MA = 91.2 Another favorite here reports Monday so expect it to move, hopefully in upward anticipation. Chart here is another I chose to show that the uptrend can be strong yet newly beginning. Note the stochastic level of 20 and the Wilder value of only 52.9...Bullish chart, good earnings report predicted on Monday, so its tomorrow and/or Monday for a trade.
9> VRIO - VERIO INC .INT Price= 79.0 VL/30= 66.1 %Rnge= 61.0 Sto9V= 62.0 W14dV= 66.1 %Hi4 = 94.8 1-Dy = 98.5 50MA = 123.9 10MA = 99.8 Stock split declared
10> CMTN - COPPER MTN NETWORKS INC .TES Price= 90.5 VL/30= 254.4 %Rnge= 87.0 Sto9V= 49.1 W14dV= N/A %Hi4 = 89.6 1-Dy = 98.3 50MA = 126.5 10MA = 96.9 Good earnings surprise. oversold nice.
PALO ALTO, Calif., Jul 22, 1999 (BUSINESS WIRE via COMTEX) -- CopperMountain Networks, Inc. (NASDAQ: CMTN), today announced financial results for the second quarter of 1999.
Revenues for the second quarter of 1999 were $22.9 million, an increase of $21.6 million over revenues of $1.3 million for the second quarter of 1998. The second quarter revenues represented an increase of $9.7 million, or 73%, over the $13.2 million in revenues reported for the first quarter of 1999. For the six months ended June 30, 1999, Copper Mountain reported revenues of $36.1 million, a $34.5 million increase over revenue of $1.6 million reported for the same period of the prior year.
Net income was $2.3 million or $0.09 per pro forma diluted share for the second quarter of 1999, compared to a net loss of $3.5 million or a loss of $0.21 per pro forma diluted share for the same quarter of the prior year. Excluding the stock based compensation charge, net income was $3.9 million or $0.15 per pro forma diluted share for the second quarter of 1999, compared to net loss of $3.0 million or a loss of $0.18 per pro forma diluted share for the same quarter of the prior year.
11> VNGD - VANGUARD AIRLS INC Price= 7.4 VL/30= N/A %Rnge= 85.0 Sto9V= 66.8 W14dV= N/A %Hi4 = 100.0 1-Dy = 111.3 50MA = N/A 10MA = 110.6 good earnings perhaps another FRNT in the making?
12> AWEB - AUTOWEB COM INC .DSE Price= 14.0 VL/30= 43.9 %Rnge= 16.0 Sto9V= 13.3 W14dV= N/A %Hi4 = 82.3 1-Dy = 95.1 50MA = 95.0 10MA = 91.7
Watch this one, did not run up before earnings but it could go either way.
Autoweb.com (AWEB: news, msgs) reported second-quarter sales of $7 million, up 22 percent sequentially and up 150 percent from the same period a year ago.
The Santa Clara, Calif., online auto retailer also saw losses widen to $3 million from $2.3 million in the same period a year ago.
The company said it reached 10.2 million visitors in the quarter. Ahead of the news, shares lost 23/32, or 4.9 percent, to end the day at 14.
Thu Jul 22 AWEB Autoweb.com coverage initiated by Needham & Co
000000000000 Watch List for July 26, 1999
Interpretation of Criteria and Technical Indicators of our Watch List
Look at the calendar picks tomorrow. ARTC and CSTR already popped on Friday but could have more to go. Still bullish on CUST, WAVX, PHCM and AMZN (selloff was overdone). If the techs and nets are done in the morning you might check out some cyclical plays. Either way the calendar picks will probably have som picks that will buck the trend.
Criteria Criteria Values __________________________________________________ STOCK PRICE display only 1/30-DY VOL RATIO display only PERCENT DAILY RANGE display only STOCH VAL 9/3 DY display only WILDER RSI 14-DY display only % HIGH VALUE 4-WK display only REL PERFORMANC 1-DY display only MOVING AVG 50-DY display only MOVING AVG 10-DY display only
1> CYTC * - CYTYC CORP .MLR Price= 22.6 VL/30= 23.6 %Rnge= 30.0 Sto9V= 54.2 W14dV= 54.2 %Hi4 = 94.0 1-Dy = 98.6 50MA = 105.8 10MA = 97.4
2> ARTC - ARTHROCARE CORP .MED Price= 31.1 VL/30= 255.4 %Rnge= 100.0 Sto9V= 60.2 W14dV= 78.9 %Hi4 = 100.0 1-Dy = 109.6 50MA = 143.3 10MA = 109.9
3> MSPG - MINDSPRING ENTERPRISES INC .INT Price= 44.1 VL/30= 46.8 %Rnge= 88.0 Sto9V= 16.8 W14dV= 49.4 %Hi4 = 82.7 1-Dy = 103.3 50MA = 108.7 10MA = 95.0
4> CARI - CAREINSITE INC .HHC Price= 48.0 VL/30= N/A %Rnge= 71.0 Sto9V= 17.7 W14dV= N/A %Hi4 = 79.0 1-Dy = 102.1 50MA = N/A 10MA = 88.9
5> CAH - CARDINAL HEALTH INC .DDW Price= 66.9 VL/30= 63.0 %Rnge= 89.0 Sto9V= 37.8 W14dV= 58.2 %Hi4 = 96.0 1-Dy = 102.9 50MA = 107.2 10MA = 101.1
6> ADRX - ANDRX CORP .DRU Price= 69.5 VL/30= 38.7 %Rnge= 81.0 Sto9V= 49.8 W14dV= 52.2 %Hi4 = 90.1 1-Dy = 104.6 50MA = 108.6 10MA = 100.5
7> DISH - ECHOSTAR COMMUN CORP NEW .ERT Price= 75.1 VL/30= 43.1 %Rnge= 63.0 Sto9V= 26.3 W14dV= 49.9 %Hi4 = 88.6 1-Dy = 103.6 50MA = 108.5 10MA = 96.6
8> HIFN - HI / FN INC .ESE Price= 78.0 VL/30= 437.6 %Rnge= 88.0 Sto9V= 52.4 W14dV= 60.6 %Hi4 = 95.4 1-Dy = 98.5 50MA = 119.3
The stocks below were not available in the Telescan database but I like what I read about them. Recommended only for the daytrader or someone with time to watch the 5 minute intraday charts.
9> NFNT 21 3/16 +7/16 +2.11% 189,300 10> ADBL 13 1/2 +1 15/16 +16.76% 1,271,500 11> NPLS 20 3/8 -5/16 -1.51% 493,900
*today stock picks are in no particular order just copied and pasted them from a couple of scans.
______________________________________________________________________ Watch List for July 21, 1999 was the day for CMTN
All earnings related.. The only stocks with a chance to buck the trend. Yesterday I thought MSFT would cause profit taking and it did. Tomorrow I expect more rally with the good earnings reports. Still bullish on ELNK and EXDS.. Still bearish on AMZN but we'll see. Still short QLGC and LGTO but i'll cover quickly if they begin to rally. They were down sharply today.
Criteria Criteria Values __________________________________________________ STOCK PRICE display only 1/30-DY VOL RATIO display only PERCENT DAILY RANGE display only STOCH VAL 9/3 DY display only WILDER RSI 14-DY display only % HIGH VALUE 4-WK display only REL PERFORMANC 1-DY display only MOVING AVG 50-DY display only MOVING AVG 10-DY ******************************
1> USWB - USWEB CORP .INT Price= 24.6 VL/30= 64.1 %Rnge= 29.0 Sto9V= 56.8 W14dV= 50.8 %Hi4 = 92.0 1-Dy = 95.3 50MA = 100.1 10MA = 98.1
2> WITC - WIT CAP GROUP INC .FIN Price= 29.3 VL/30= 64.0 %Rnge= 42.0 Sto9V= 26.1 W14dV= N/A %Hi4 = 81.5 1-Dy = 92.8 50MA = N/A 10MA = 88.9
3> SILK - SILKNET SOFTWARE INC .DSO Price= 34.6 VL/30= 74.8 %Rnge= 21.0 Sto9V= 37.9 W14dV= N/A %Hi4 = 85.4 1-Dy = 92.6 50MA = 97.8 10MA = 92.8
4> NXCD - NEXTCARD INC .DSO Price= 38.9 VL/30= 48.1 %Rnge= 49.0 Sto9V= 65.9 W14dV= N/A %Hi4 = 97.0 1-Dy = 97.7 50MA = N/A 10MA = 100.8
5> HQ - HAMBRECHT & QUIST GROUP INC .SEC Price= 39.1 VL/30= 102.8 %Rnge= 56.0 Sto9V= 38.0 W14dV= 60.4 %Hi4 = 97.6 1-Dy = 101.9 50MA = 107.8 10MA = 100.8
6> XMCM - XOOM INC .INT Price= 46.1 VL/30= 346.8 %Rnge= 1.0 Sto9V= 9.1 W14dV= 36.9 %Hi4 = 76.3 1-Dy = 87.4 50MA = 87.0 10MA = 83.6
7> FFIV - F5 NETWORKS INC .DCS Price= 62.8 VL/30= 88.4 %Rnge= 17.0 Sto9V= 61.8 W14dV= N/A %Hi4 = 88.1 1-Dy = 91.0 50MA = N/A 10MA = 111.0
8> CMTN - COPPER MTN NETWORKS INC .TES Price= 97.0 VL/30= 93.3 %Rnge= 98.0 Sto9V= 62.3 W14dV= N/A %Hi4 = 96.0 1-Dy = 102.8 50MA = N/A 10MA = 105.9
9> AOL - AMERICA ONLINE INC .INT Price= 113.2 VL/30= 88.7 %Rnge= 3.0 Sto9V= 13.6 W14dV= 45.2 %Hi4 = 88.2 1-Dy = 95.1 50MA = 97.1 10MA = 92.4
10> BBAR - BALANCE BAR CO .FPS Price= 7.1 VL/30= 149.7 %Rnge= 38.0 Sto9V= 62.0 W14dV= 73.3 %Hi4 = 100.0 1-Dy = 108.6 50MA = 119.3 10MA = 109.1
11> PHTN - PHOTON DYNAMICS INC .DSE Price= 13.0 VL/30= 57.9 %Rnge= 84.0 Sto9V= 52.0 W14dV= 61.4 %Hi4 = 96.2 1-Dy = 102.9 50MA = 121.9 10MA = 100.3 ________________________________________________ copper mountain again appeared on the 23rd watch list
Watch List for June 23, 1999
Interpretation of Criteria and Technical Indicators of our Watch List
Check in the morning if any of our new earnings plays reported. Also still very bullish on CACS, VRSN, and ZRAN.. all good earnings and did well and still in uptrends.
Criteria Criteria Values __________________________________________________ STOCK PRICE display only 1/30-DY VOL RATIO display only PERCENT DAILY RANGE display only STOCH VAL 9/3 DY display only WILDER RSI 14-DY display only % HIGH VALUE 4-WK display only REL PERFORMANC 1-DY display only MOVING AVG 50-DY display only MOVING AVG 10-DY display only
1> PHCM - PHONE COM INC .DSO Price= 78.8 VL/30= N/A %Rnge= 53.0 Sto9V= 50.1 W14dV= N/A %Hi4 = 94.8 1-Dy = 94.8 50MA = N/A 10MA = 100.7 good earnings, good conference call. This could be a hold. 2> PTIX - PERFORMANCE TECHNOLOGIES INC .DCS Price= 18.9 VL/30= 26.8 %Rnge= 14.0 Sto9V= 24.1 W14dV= 47.6 %Hi4 = 87.7 1-Dy = 99.3 50MA = 107.8 10MA = 95.5 Reports on Monday. chart is mixed relative strength and MACD still bullish but the volume indicators as you can see above (1 out of 4 volume indicators used) are showing a lack of real interest and the stock is still in distribution. This might change however as earnings are due out on Monday. Resistance is a 19.50.. if it stays above resistance could be important for its acceleration
3> TSFW - TSI INTL SOFTWARE LTD .DSO Price= 23.1 VL/30= 340.3 %Rnge= 94.0 Sto9V= 48.9 W14dV= 50.7 %Hi4 = 81.2 1-Dy = 107.2 50MA = 101.3 10MA = 103.6 nice report.
4> AUDC - AUDIOCODES LTD .TES Price= 26.6 VL/30= 65.0 %Rnge= 63.0 Sto9V= 6.9 W14dV= N/A %Hi4 = 80.3 1-Dy = 106.5 50MA = N/A 10MA = 88.6 This one barely corrects but it did and the downgtrend could be ending as it ended up very nicely on Thursday.
5> KSWS - K-SWISS INC .LSP Price= 46.0 VL/30= 51.2 %Rnge= 41.0 Sto9V= 31.0 W14dV= 53.9 %Hi4 = 91.5 1-Dy = 102.9 50MA = 103.2 10MA = 99.2 A perennial winner, this time its oversold with a big gap between its relative performance for the past 52 weeks and its weak technical rank, s earnings are coming out today (Friday) should show anticipation.
6> IVIL - IVILLAGE INC .DSE Price= 49.8 VL/30= 69.6 %Rnge= 96.0 Sto9V= 14.9 W14dV= N/A %Hi4 = 79.2 1-Dy = 108.1 50MA = 102.9 10MA = 94.1
Watch this carefully, it reports Monday could show anticipation.
7> BVSN - BROADVISION INC .INT very nice chart Price= 67.9 VL/30= 140.0 %Rnge= 21.0 Sto9V= 14.6 W14dV= 48.9 %Hi4 = 88.1 1-Dy = 97.5 50MA = 112.3 10MA = 92.6 Still own it, still like it and an earnings surprise. What could be better than a stock that has an oversold stochastic, beginning uptrend bullish stochastic, relative Strength and MACD and even a bullish Money Flow
8> MVSN - MACROVISION CORP .DCS nice chart Price= 78.8 VL/30= 141.6 %Rnge= 79.0 Sto9V= 20.0 W14dV= 52.9 %Hi4 = 83.6 1-Dy = 98.9 50MA = 123.1 10MA = 91.2 Another favorite here reports Monday so expect it to move, hopefully in upward anticipation. Chart here is another I chose to show that the uptrend can be strong yet newly beginning. Note the stochastic level of 20 and the Wilder value of only 52.9...Bullish chart, good earnings report predicted on Monday, so its tomorrow and/or Monday for a trade.
9> VRIO - VERIO INC .INT Price= 79.0 VL/30= 66.1 %Rnge= 61.0 Sto9V= 62.0 W14dV= 66.1 %Hi4 = 94.8 1-Dy = 98.5 50MA = 123.9 10MA = 99.8 Stock split declared
10> CMTN - COPPER MTN NETWORKS INC .TES Price= 90.5 VL/30= 254.4 %Rnge= 87.0 Sto9V= 49.1 W14dV= N/A %Hi4 = 89.6 1-Dy = 98.3 50MA = 126.5 10MA = 96.9 Good earnings surprise. oversold nice.
PALO ALTO, Calif., Jul 22, 1999 (BUSINESS WIRE via COMTEX) -- CopperMountain Networks, Inc. (NASDAQ: CMTN), today announced financial results for the second quarter of 1999.
Revenues for the second quarter of 1999 were $22.9 million, an increase of $21.6 million over revenues of $1.3 million for the second quarter of 1998. The second quarter revenues represented an increase of $9.7 million, or 73%, over the $13.2 million in revenues reported for the first quarter of 1999. For the six months ended June 30, 1999, Copper Mountain reported revenues of $36.1 million, a $34.5 million increase over revenue of $1.6 million reported for the same period of the prior year.
Net income was $2.3 million or $0.09 per pro forma diluted share for the second quarter of 1999, compared to a net loss of $3.5 million or a loss of $0.21 per pro forma diluted share for the same quarter of the prior year. Excluding the stock based compensation charge, net income was $3.9 million or $0.15 per pro forma diluted share for the second quarter of 1999, compared to net loss of $3.0 million or a loss of $0.18 per pro forma diluted share for the same quarter of the prior year.
11> VNGD - VANGUARD AIRLS INC Price= 7.4 VL/30= N/A %Rnge= 85.0 Sto9V= 66.8 W14dV= N/A %Hi4 = 100.0 1-Dy = 111.3 50MA = N/A 10MA = 110.6 good earnings perhaps another FRNT in the making?
12> AWEB - AUTOWEB COM INC .DSE Price= 14.0 VL/30= 43.9 %Rnge= 16.0 Sto9V= 13.3 W14dV= N/A %Hi4 = 82.3 1-Dy = 95.1 50MA = 95.0 10MA = 91.7
Watch this one, did not run up before earnings but it could go either way.
Autoweb.com (AWEB: news, msgs) reported second-quarter sales of $7 million, up 22 percent sequentially and up 150 percent from the same period a year ago.
The Santa Clara, Calif., online auto retailer also saw losses widen to $3 million from $2.3 million in the same period a year ago.
The company said it reached 10.2 million visitors in the quarter. Ahead of the news, shares lost 23/32, or 4.9 percent, to end the day at 14.
Thu Jul 22 AWEB Autoweb.com coverage initiated by Needham & Co
|