Analysis at close on 4/06/98. Updated AMAT through XCIT. All commentary is at the time of the last signal received except for some of the notes I've inserted.
NASDAQ Last signal sell on 6 Apr. Still in an uptrend. 5 day stochastics are nearing the lower band. In this situation, I'd start thinking correction when or if the stochastics break through the lower band.
ADPT Last signal sell short on 26 Mar. (6 Apr note--Starting to look close to a short again, but not near enough yet.)
AMAT Last signal sell on 30 Mar. The trend is still up, but with this one I don't take chances. (6 Apr note--another sell signal today if you stayed in on the last one.)
AMD Last signal sell or sell short on Apr 3. Still on an uptrend, but the volatility got really too high. I'd expect a countertrend drop that is shortable.
AMGN Last signal sell on 16 Mar. (3 Apr note--downside volatiliy continues to increase. Support at $55.) (6 Apr note--very close to a buy to cover signal.)
AMZN Last signal sell on 6 Apr. Trend is still up.
AOL Last signal sell on 6 Apr.
ARX Last signal buy on 1 Apr. Neutral trend and decreased volatility. Not enough profit potential for me. (6 Apr note--close to a sell short signal.)
ASA Last signal sell on 31 Mar. Still on a good uptrend. Can write the $22.50 May calls instead. Volatility is peaked. (3 Apr note--its going higher, that's the breaks.)
ASND Last signal sell on 31 Mar. Trend is up slightly. Can write calls instead of selling outright.
AVM Last signal sell or sell short on 6 Apr. Narrow bands and really low volatility. Now a bias for a downside break. Nice whipsawing effect. An upside break goes to $15. A downside break goes to $12.
AVNT Last signal sell on 1 Apr. Real good uptrend so may want to see more of move downward in stochastics before selling.
BBIOY Last signal sell short on 3 Apr. Still in a downtrend. Downside volatility is still increasing.
BMY Last signal buy on 20 Mar. Good solid uptrend and increasing volatility. (31 Mar note--its recovering now, but the trend is slightly down. Looking for next stochastic peak to bail out of it.)
BNYN Last signal buy on 6 Apr. Still in an uptrend.
CADE Last signal sell on 31 Mar. Still showing an uptrend. Very high peaked volatility--Countertrend drop is likely. Take profits.
CBIZ Last signal sell or sell short on 6 Apr. neutral to slightly down trend. Volatility is at a minimum.
CDRD Last signal buy on 1 Apr. Made a big move today so I'd look for a dip to make an entry intraday. (6 Apr note--imminent sell signal. 5 day stochastics crossed below the 80 line today.)
CEXP Last signal sell on 6 Apr.
CFON Last signal buy to cover on 2 Apr. Still on such a solid downtrend that I'd ignore the signal and look for more strenghth (more hook) on stochastics before covering.
CIEN Last signal sell on 18 Mar. Stochastics peaked today and give a sell signal. It was up against the resistance at $50 anyways. Did a real nice run from $45 to $48 using the signals. Look for next buy in opportunity--because of the uptrend or sell the $50 calls for Apr. (6 Apr note--fairly close to a buy to cover signal)
CKFR Last signal buy on 26 Mar. There was that long awaited signal. The uptrend is still intact. Remember there is still resistance at $24 to $25. (1 Apr note-- Real nice day. Did everybody notice how it held the support exactly at $21.25 as I had posted? Kept everybody in the trade through today's big move.) (6 Apr. within 2 days of a sell signal--Will need to anticipate the signal.)
CLST Last signal sell short on 6 Apr. The trend is slightly down now.
COMS Last signal sell or sell short on 27 Mar. Neutral trend. Cover at bottom bollinger band--$32.50)
CORR Last signal buy to cover on 31 Mar. Trend is slightly down. (2 Apr note--Good thing everybody bought to cover right?)
CORX Last signal sell on 26 Mar. Can't short under $5. Consider $5 puts if they are available. Support at $1 9/16. (neutral trend and decent volatility).
CPQ Last signal sell on 30 Mar. The trend is slightly up which is positive. I think you can buy back in at a lower price however. (6 Apr note--trend is still up and its about to get a buy signal.)
CTXS Last signal sell on 3 Apr. Looks like I didn't pick up the unofficial signal when stochastics crosseb below its own 12 day moving average.
CYBR Last signal sell short on 6 Apr. The trend is down.
CYCH Last signal buy on 27 Mar. The trend is neutral on low volatility. The bands are getting narrower. Bias for an upward break for now.
CYMI Last signal buy on 1 Apr. Finally a breakout. Everybody jump on board long. (6 Apr note--close to a sell signal.)
CYPB Last signal buy on 3 Apr. Still narrow bands and low volatility. Bias for a good upside break now. Volatility is set to incrase.
DELL Last signal sell on 31 Mar. Still in an uptrend.
DIMD Last signal buy on 26 Mar. Anticipating the buy signal yesteerday would have paid off today--real good move today. (6 Apr note--the trend is now slightly down--I'd just bail any long postions now before it drops further.)
DSYS Last signal buy to cover on 6 Apr. Bands are extremely pinched. Unknown breakout direction.
DWRX Last signal sell on 2 Apr.
EFII Last signal sell or sell short on 3 Apr. Volatility is picking up to the downside.
FONR Last signal sell short on 23 Mar. Only problem is its under $5.00 and is not marginable. No play.
GDT Last signal sell short on 27 Mar. The trend is down. (31 Mar. note--very unusal price move up today. I'd stick with the short for now. Pick an exit to buy to cover just past $75.)
GERN Last signal buy to cover on 2 Apr. Cover at the lower bollinger band.
GTW Last signal was a sell on 30 Apr. The trend is up and its a few days from a buy signal.
HD Last signal sell on 6 Apr. Very neutral trend. Good trade between bands--$65 and $70.
HRSH Last signal buy to cover on 2 Apr. Good downtrend. May want to see more strength, more hook in stochastics before covering the short.
IDTC Last signal sell on 30 Mar. The trend is still up and it was an upday from the open. I think I'd ignore the sell signal until I see what it does tomorrow. .
IHS Last signal sell on 3 Apr. Very narrow and pinched bollinger bands. Bias for a downside break.
IIT Last signal sell on 26 Mar. I think I'd ignore the sell signal. Good uptrend and volatility picking up to the upside.
INTC Last signal sell or sell short on 31 Mar. The trend is flat so its best to play it between the bollinger bands. It's be a buy around $74.50 to $75 and a sell again at just under $80.
IOM Last signal buy to cover on 30 Mar. Still in a downtrend. Probably forming a base at an important support level--the old $14 level.
IRIDF Last signal sell on 26 Mar. (26 Mar note--I had this one as my weekly pick for the game on the APM thread. Picked up 14% for the week. I closed the long positon at the close today.--30 Mar. note this stock won me the game for the week. 31 Mar. note-if you haven't sold already do it now.)
JLG Last signal buy on 1 Apr. Decent uptrend still. (2 Apr note--big surprise today downward. I'd bail on a drop below $15.75)
KLIC Last signal sell short on 6 Apr. Its been on a downtrend.
LCCI Last signal sell or sell short on 3 Apr. Forget the uptrend its neutral slipping into slightly down.
LSI Last signal sell on 6 Apr. Trend is up but volatility is high and its doing the countertrend drop. 5 day stochastics crossed through the middle band to the downside. Can also write out of the money calls because its at a volatility peak.
LTBG Last signal buy on 24 Mar. Good solid uptrend. (31 Mar note--close to a sell signal.)
LTXX Last signal sell short on 31 Mar. Slight downtrend.
MAIN Last signal buy to cover on 1 Apr. On a slight downtrend.
MEDA Last signal buy on 2 Apr. I'm thinking run to $12. (3 Apr. note--no price move today is worrisome. Won't bail until below $10)
MIND Last signal buy to cover on 1 Apr.
MPDI Last signal sell on 19 Mar. Its right at the $7 resistance level too. (31 Mar. note --This stock is a reminder that in a solid uptrend, it takes a bigger hook for a true sell signal. A good sell signal on this one would be a cross of the middle band on stochastics which has not happened yet. That would have kept us in for more of the trend.)(3 Apr note--got the cross of the middle band yesterday, but I didn't pick up on it until today.)
MSFT Last signal sell on 6 Apr. Stochastics crossed below the middle band in moderate uptrend. I think that's a legitimate sell signal.
MUEI Last signal sell short on 23 Mar. Good downtrend and peak in stochastics. A break below $11.25 goes to $10. (3 Apr note--should have been stopped out on that short a long time ago. Have to be careful about shorting at bases as I recommended back on 23 Mar.)
NORT Last signal sell on 26 Mar. Time to take profits.
NSCP Last signal buy or buy to cover on 25 Mar. Its been forming a base. Not a solid breakout yet. (6 Apr note--this thing is just trending down. )
NTBK Last signal sell on 6 Apr. Still an uptrend but stochastics breaking down sufficiently to get a sell.)
ORCL Last signal sell on 27 Mar. Still a good uptrend. (3 Apr note--forget the uptrend, its over. Looks real sick now. Close to breaking an important support level.)
OXHP Last signal sell or sell short on 6 Apr. Neutral trend and decent volatility.)
PNDA Last signal buy to cover on 2 Apr. Surprise up move today. (6 Apr note shortable volatility)
PRMS Last signal sell on 2 Apr. Looks like a short term top. Still has that slight uptrend going. (3 Apr. note--flat trend I think is shortable to the lower bollinger band at around $26.)
PSIX Last signal buy on 6 Apr. Still on an uptrend.
QCOM Last signal sell on 6 Apr.
QWST Last signal buy on 27 Mar. Slight uptrend.
REMC Last signal buy on 2 Apr.
RIG Last signal buy on 1 Apr. (3 Apr note--chart looks really good. I will likely buy calls on this one on Monday if they are available.)
RMBS Last signal sell on 6 Apr.
RMDY Nice break up on RMDY. Last signal was a buy on 2 Apr. I'd consider buying calls on monday on this one as well.)
SEEK Last signal sell short on 31 Mar. Narrow band and low volatiliy and a slight downtrend. Definite bias for a downward break. (1 Apr note--forget the short. Should have been stopped out early today. Today's action is what can happen when you gamble on really narrow bollinger bands.)
SFY Last signal buy on 2 Apr. Neutral trend but decently high volatility.
SHVA Last signal sell short on 31 Mar. Solid downtrend too. Look like free money to me.
SMOD Last signal sell short on 6 Apr. Still in a downtrend.
SOCR Last signal sell short on 1 Apr. Still in a long term downtrend,
SUNW Last signal buy to cover on 31 Mar.
SYNT Last signal buy on 18 Mar. Still in an uptrend, but it isn't as strong as it was. Look for a break past $37. (6 Apr. note--very close to a sell signal.)
TDFX Last signal sell or sell short on 2 Apr.
TMAR Last signal sell or sell short on 25 Mar. Its in a neutral trend with resistance on the upside at $21 5/16. Cover short at about $18.
(6 Apr note--close to a buy signal.)
TMX Last signal sell on 19 Mar. Still on a good uptrend. Look for consolidation. Volatility is up against resistance at the upper band. Another sell signal on 25 Mar if you missed the first sell signal because of the strong uptrend.
TRBO Last signal sell short on 23 Mar. On a good downtrend. (24 Mar note--looks like a stop out as TRBO was sitting on support at $7.50 31 Mar. note--looks like it is forming a base for upward move.)
TSSW Last signal buy or buy to cover on 27 Mar. Under $5 stock.
TTRR Last signal sell or sell short on 30 Mar. Neutral trend increases the risk of a short here. (3 Apr note--very close to a buy signal.)
UEIC last signal buy on 6 Apr. broke up big today. Ride the breakout directon up.
UTX Last signal buy on 1 Apr. Volatility is actually quite low on this one, so I don't expect any price drops on the next sell signal. (6 Apr note--nice upmove today.)
VECO Last signal sell on 3 Apr. Good uptrend. Its at the resistance level of $40. I'd sell before it crosses the middle band on stochastics.
VLSI Last signal sell on 6 Apr.
WCII Last signal buy on 6 Apr. Real stong uptrend. I'd still consider buying calls.
WTT Last signal sell or sell short on 31 Mar. Narrow bands and low volatility gives it a bias for a downward break.
XCIT Last signal sell on 6 Apr. |
