| TIGER SOFTWARE's Elite Stock Professional Service (ESP) 6/29/2007 (c) 2007 William Schmidt, Ph.D. |
=========================================================================== Suggestions: Comments here are meant to suggest the aspects of chart analysis that may be helpful to you. In a few cases, I may have long or short positions in some of these stocks. But the positions are small and I am just as likely to buy these stocks later next week, especially if they act well. The market is up too much to buy laggards now. Below are new highs with an AI/200 over 150 and an IP21>.50 ========================================================================================
*BUYS*
AI/200 Symbol Close Change Comments
------ ------- ----- ------ --------
191 ABB 22.60 +.14 NH OBV confirming. IP21=.14
B24 - 10/27/06 = 15.01 STEADILY UP! (Buy)
162 IMNY 2.75 +.18 B12. Up from 2.3 in last month. (Buy)
182 TRNS 6.99 +.89 Up from 6 breakout on Friday.
...................................................................................... ...................................................................................... ======================================================================= *SHORT SALES:* Symbol AI/200 Close Comments ------ ------ ----- ----------------------------------------------------- BANR 104 34.06 IP21<Tisi<-.15 OBV NC BZH 85 24.67 -1.14 <Tisi<-.15 28 was recent support. CBC 84 27.33 -.55 May be starting another big leg down. HOV 73 16.53 -.54 Housing stock...IP21<-.50... OBV at NL LEN 79 36.56 -.57 IP21<-.25... OBV confirming NL ________________________________________________________________________________________ *** Abbreviations:*** price versus 50 day ma AR = Above rising 50-dma (Bullish) ATH = All-time high BF = Below Falling 50-dma (Bearish) Current IP21 vs (TISI) 21-day ma of IP21 A = above U = Under (Bearish) SS = Sell Short BO = Breakout NC = OBV non-confirmation. IP21=current Accum Index. TISI = 21-day ma of IP21. .......................................... ================================================================================================
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Highest AI/200 Stocks: AI/200>190, Above Rising 50-day ma, over $10
These are stocks that institutions are buying heavily for 1-3 year gains.
They should find plenty of support at key moving averages.
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200 CRH 49.94 -.20 At rising 21-day ma... Red Buy
IP21=.12 ... ITRS=.08
***200 HEW 32.00 -.13 NH OBV confirms. IP21=.45 (Buy)
ITRS<0. Hewitt Accociates
***200 VWO 91.29 +.11 confirmed NH this week. IP21=.35 (Buy)
.... Vanguard Emerging Markets.. Steady advance.
'---------------------------------------------------------------------------------
199 CEVA 8.50 NH OBV NC IP21=.20
199 ILF 213.20 +.47 Powerful Uptrend...
IP21=.125 NH - OBV lagging.
IShares SO-Latin America..
199 GPX 10.88 IP21=.30.., head and shoulders top may be forming?
NH not confirmed by OBV
NH OBV confirming GP Strategies
http://www.gpstrategies.com
GP Strategies Corporation, through its subsidiaries, provides
training, engineering, and consulting services.
199 ELOY 22.29 +.91 BR On Sell... OBV stronger than price
... IP21=.40
26 is resistance.
at rising 30-wk ma..
Augmented B24 was on 1/12/07 = 21.91
199 VPL 70.52 +.41 OBV is lagging. IP21=.12
Vanguard Pacific
'--------------------------------------------------------------------------------------
198 ALD Sllied Signal 30.96 -.36 33 is 4x tested resistance.
IP32<0...OBV is strong.
198 CW 46.61 -.48 IP21<0. 5-day stoch. =85.8% On sell
. Curtiss Wright ...Steady uptrend.
198 SCI 12.78 -.08 BR...14=12 mo high. IP21<0
198 OME 9.26 -.09 NH but on Red Sell IP21=.12
198 XLV 35.31 -.10 BF Health Care Select IP21=.02 '-------------------------------------------------------------------------------------- 197 FMS 45.94 +.05 Below rising 200-day ma IP21=0
Fresenius Medical
197 EWZ 61.42 +.46 ETF Brazil OBV NC IP21=.10 ITRS=.12
197 TI 27.46 -.13 BF Telecom Italia. Red Buy!
Below all key ma.. ITRS<0...IP21=.15
197 WVCM 35.24 +.52 At rising 21-day ma Up from 16 in January...
IP21<0 OBV confirming... Running.
Wavecom SA - 3 Esplanade Du Foncet
Issy-Les-Moulineaux, 92442
France
Web Site: http://www.wavecom.com
197 MTN 60.87 IP21<0 Down from upper band. Strong.
Vail Resorts 6/11/2007 Bullish Special Situation.
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196 EFD 35.29 -.10 NH confirmed...IP21=.40
Efunds Corp ... Breakout was at 29.
Note red (high volume) gap.
At rising 21-day ma
196 CCBL 14.06 -.08 15 is 12 month high IP21<0
196 XLV 36.07 +.08 At rising 50-d ma IP21=.120
Strong OBV confirming NH.
SPDRs Health Sector
196 UFCS 35.38 -.54 BF Just above 200-day ma IP21=.02
***196 VGR 23.53 +.14 IP21=.26 OBV confirming NHs (Buy)
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195 APRO 24.75 +.01 NH OBV is weak. IP21<0
-
195 ASG 5.70 IP21=.40 Good OBV... 5.81=12 mo high. slow
195 CAE 78.44 -4.21 IP21=.25 OBV running to NHs too.
Note flat topped breakout, pullback and run!
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195 BG 84.50 +2.39 85.7 =12 mo high
195 MATW 43.80 +.25 IP21<0 Strong OBV Matthew's Intern
... Matthews International ,,, Up from 50-day ma-Red Buy
195 KYO 105.41 -2.59 OBV confirming NHs IP21>.25
195 IWM 82.90 -.55 New Red Sell..IP21<0 Russell 2000
195 NBG 11.23 +.21 AR Earlier B24 OBV is lagging
Natl Bank of Greece.
Near recent high. IP21=.25
195 WVCM 35.24 +.52 Strong uptrend. IP21=.20
......................................................................
194 QADI 8.30 -.04 IP21<0 Back in support zone.
194 NWK BF Network Equipment 9.54 -.19 IP21<0
11.1=12 mo high.
194 PRA 55.67 -.48 IP<0 At rising 50-dma
194 PRA 55.67 -.48 IP<0 At rising 50-dma
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193 ATX 11.70 +.25 At upper band ST IP21=.20 Strong OBV
193 APAGF Apco Argentina 84.91 -.81 IP21<0
99=12 mo high.. Below rising 200-day ma
'----------------------------------------------------------------------------------
192 ITU 44.44 -.08 IP21<0. On red Sell.
192 ITU 44.44 -.08 IP21<0. On red Sell.
192 LR 45.55 +.52 NH O BV lagging IP21=.05
192 MW 51.07 -.59 Men's Wearhouse OBV NC of NH
192 TTC 58.89 +.15 Toro IP21<0 Strong OBV
192 GES 48.04 -.49 OBV at NH ahead of price. 51=12 mo high
IP21=.10
192 ANZ 123.32 +.06 Australia & NZ Banking 132=12 mo high.
'--------------------------------------------------------------------------------
***191 ABB 22.60 +.14 NH OBV confirming. IP21=.14
B24 - 10/27/06 = 15.01 STEADILY UP! (Buy)
191 CAFE 2.10 IP21=.6 At support of 50-day ma
191 CLDA 21.16 +.28 IP21=.30 Strong OBV AR
Red Sell. 23 is right shoulder apex.
This looks strong technically. Buy at 20.25
191 DMC 133.79 +.01 14 =12 mo high IP21=.35 191 IJR 72.70 +.80 IP21=.020..Red Buy
191 MX 58.94 -.21 AR IP21<0. OBV is strong.
4/20/2007 - Bullish Special Situation
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190 DNB 102.98 -.66 On red Sell. IP21=.10 Dun & Bradstreet
---------------------------------------------------------------------------------------- *CONFIMED NEW HIGHS*
OBV should confirm NH
IP21 should be >.25 ... Better is IP21>.50 and under <.80.
AI/200 should be above 138 ... Better is AI/200 >150.
Red high volume & gaps confirm the breakout.
Stocks should probably be over $10 unless you watch them closely.
ITRS>-.04 and under .80
Notes: Many times a flat topped breakout that is exactly defined and well-tested
brings a quick move of 15%. Of the conditions above, the least important is
probably the AI/200 value being above 140. ITRS should be above -.04.
Look at CHDX. This shows the importance of an earlier IP21 bulge above .50
or even .60 if the OBV confirms. Piggy-back pattern are just above the
flat topped pattern mean much higher prices. See also CUBA, IGLD, RYAAY for same reason.
Screened using "NEWHIGH" plus "IP21OV25". Point of breakout tells you where to expect support on first decline. Look also for OBV confirmations, gaps and high volume. OBV confirming unless stated. AI/200 Stock Close IP21>.25 unless stated ====== ====== ===== ================================ ***165 ACN Acuson 42.89 +.06 IP21=.30 NH confirmed (Buy) 173 ASI - Amer.Safety Ins. 23.83 +.28 IP21=.30 ***193 ATX AT Cross 11.70 +.25 IP21=.12 OBV lagging a little ***188 BBNK 23.70 +.33 IP21=.48 (Buy) 179 BF Aerospace BEAV 41.30 IP21=.50 OBV not confirming. 118 EVST 32.18 +2.68 IP21=.35 OBV confirming 107 FLI 26.01 +1.20 IP21=.45 high volume 135 GHM Graham Corp 28.15 +.85 IP21=.30 162 IMNY 2.75 +.18 B12. Up from 2.3 in last month. 131 KMG KMG Chemicals 26.43 +2.35 Up from 14. 192 LR Lanier Worldwide 45.55 +.52 IP21=.10 163 OI Owens Illinois 35.00 +.33 IP21=.02
185 ONVI 8.57 +.03 IP21=.60
146 PENX 27.29 +2.14 B20, B24 , almost B12.
Up from 23 in 2 days.
140 PCLN Priceline.com 68.74 +4.47 IP21-.10
163 RIMM Research in Motion 199.99 +34.40 IP21=.20 Earnings jump.
146 PENX Penford Corp 27.29 +2.14 B20/B24 Breakout at 22 on Friday.
184 SJM 63.66 +.70 Breakout with high vol gap at 59. 147 TKP 82.59 +1.09 IP21=.10 At rising resistance. _______________________________________________________________________________________ *BUY B12s *- IP21>.45 and ITRS>.30 and AI/200>100 and NH BULLISH B12'S Many times a B12 will retreat back to its rising 50-day ma and then take off. Consider the case of STV in June. On the other hand, if a B12 occurs on a line formation breakout, do not look for a pullback for a while. See this in USLM in February. The best B12s occur with the stock making a new high. Previous week's B12 should be bought on pullbacks to rising mas and at point of breakout. IP21 should be greater than 147 in this environment. Buy B12 AI/200 must equal at least 120. NH must be occurring B12 recently AI/200 ============ ======= EPN 178 14.41 +.02 Gapped up from 9 2 months ago and stabalizing. ***IMNY 162 2.75 +.18 B12. Up from 2.3 in last month. (Buy) ***TRNS 182 6.99 +.89 Up from 6 breakout on Friday. AMK 188 23.93 -.03 IAX 111 6.36 -.14 LPHI 146 35.31 +.73 running. Breakout at 20 PHX 153 28.50 +.50 OBV is lagging RCCC Rural Cellular 40.02 +.83 Breakout was at 18 in April. WSCI WSI Industries 148 5.98 -.01 Breakout was at 5.5 ______________________________________________________________________________________ _______________________________________________________________________________________ BEARISH Stocks Many times beaten down stocks get a boost when tax-loss selling lifts at end of year. So, be careful here. Look at AMD, ANPI and ANPL. One of best places to short a weak stock is after it drops back below 50-day ma and its IP21 drops below its TISI (the 21-day ma of its IP21. IP21 = the current value of the Accum Index. ITRS should be below -.10. Best to watch ITRS, too. Short sales should normally be in ITRS downtrends. New Lows (NL) and "Bearish" and Top Patterns and violations of key MAs IP21 should be below TISI (falling IP21) or below -.25 Watch ITRS. ITRS downtrend is very useful. OBV need not confirm a new low. In a strong market, it is often best to simply use a Buy Stop above| 21-day ma. New Lows over $5.00 AI/200 Comments
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***BANR 104 34.06 IP21<Tisi<-.15 OBV NC ***BZH 85 24.67 -1.14 <Tisi<-.15 28 was recent support. ***CBC 84 27.33 -.55 May be starting another big leg down. FINL Finish Line 120 9.11 -.52 Heavy down volume on Friday. FLPB 1st Leesport Bancorp 88 19.92 -.32 ***HOV Hovnanian 73 16.53 -.54 Housing stock...IP21<-.50... OBV at NL ***LEN Lennar 79 36.56 -.57 IP21<-.25... OBV confirming NL ***MBHI Medwest Banc 88 14.50 -.34 IP21<-.25... OBV confirming NL NMY 100 13.76 -.14 ODP Ofice Depot 109 30.30 -1.51 IP21<-.25... PNW Pinnacle West 136 39.85 -.62 SPF Std Pacific 53 17.53 -.64 Weak OBV VFL 63 13.30 -.02 IP21<-.60 ***VOL Volt Inform. 91 18.44 -.67 IP21<-.25 OBV at NL ------------------ end of report ------------------------------------------------ |