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Tuesday, July 31, 2007 

Trade Ideas for tomorrow - Aaple , Bidu , Applied Materials and General Motors

Chart courtesy of stockcharts

AMAT may be clearing a bull flag here although it may be a little early. Let's see tomorrow reaction after intraday breakout.

Chart courtesy of stockcharts

Bidu shares closed just a little above the 13 dma, so tomorrow pay attention for a possible breakdown below this level, which would mean a sentiment Bearish in the short term.

Chart courtesy of stockcharts

AAPL shares breakdown today the trend as show the chart above and Bearish MACD crossover. AAPL looks like it may find support at the breakout area ( $127 ).

Chart courtesy of stockcharts

Shares General Motors failed a rebound after earnings report. Chart printed a Black candle after today session, not good for Bulls. GM shares may find support at the 200 dma at $32.12.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical example.

That's All. Have a nice evening !!!

AC

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Stock on move this afternoon

Take a look at some stocks that are showing good and poor performance today:

Most actives : SUNW , AAPL , SIRI , LVLT

Gainers : OLED , FARO , DLK , ETQ , ATNI

Losers : AHM , OPTM , QRR , DXPE

Buy / Sell Recommendations :

VZ -
Verizon Communication upgraded from "neutral" to "buy" by UBS.

SXT - Sensient upgraded from "hold" to "buy" by KeyBanc Capital Markets.

IVAC -
Intevac downgraded from "buy" to "hold" by Needham & Co downgrade analysts.See you later,

Macro economic news reported today :

- Consumer Confidence rose to 112.6 in July versus estimates of 105.0 and an upwardly revised 105.3 in June.

- Personal Income for June rose 0.4% versus estimates of a 0.5% gain and a 0.4% increase in May.

- Personal Spending for June rose 0.1% versus estimates of a 0.1% increase and an upwardly revised 0.6% increase in May.


- The Chicago Purchasing Manager Index for July fell to 53.4 versus estimates of 58.4 and a reading of 60.2 in June

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

AC

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Monday, July 30, 2007 

First Solar and Motorola in focus

Chart courtesy of stockcharts

First Solar stock has broken out to all time highs. Shares rose more than 8% to 120.28$ today. This stock has been trading in a range since midlle of July and today just broke out on good volume. The stock opened way to make new highs tomorrow.

Chart courtesy of stockcharts

Motorola shares were up only 0.02$ or 0.12% to $16.97 after JMP Securities analyst Samuel Wilson upgraded the stock to "Market Perform" from "Market Underperform “, based on the Lower Stock Price. Since 19 July stock have tumbled nearly 6% and last week shares breakdown the major support of $17.25, so this flat movement in my opinion is only natural bounce based on the oversold conditions. I wouldn’t consider MOT as a buy until it breaks above the $17.25$ - $17.27 price range.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical example.

That's All. Have a nice evening !!!

AC

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Stock on the move this afternoon

Take a look at some stocks that are showing good and poor performance today:

Most actives : SUNW , INTC , AAPL , MSFT , CSCO

Gainers : ROB , NFI , GHM , PSIT , MCX

Losers : ISRL , VCLK , BIF , FOOD , MXIC

Buy / Sell Recommendations :

NTE -
Analysts at CIBC upgrade Navteq Corporation from "sector perform" to "sector outperform".

KNGT - Knight Transportation Analysts upgraded by JP Morgan from "neutral" to "overweight".

CRX - Cox Radio upgraded by Wachovia Securities from "underperform" to "market perform".

KOF - Coca-Cola Femsa upgraded by JP Morgan from "underweight" to "neutral".

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

See you later,

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Sunday, July 29, 2007 

Stocks to watch Monday !!! FSLR, GTW, BOOM, SCMR

Chart courtesy of stockcharts

Sycamore Networks shares rose 3% on Friday to 4.17$ reacting positively to the earnings results reported on Thursday. Company said its fiscal third-quarter profit dropped 36% as costs and expenses outweighed a big increase in sales. Looking at the daily chart stock continues to move within a rising channel, but directionality is very low. MACD and RSI still losing some ground, so we must wait before enter long here. The lastest candle - Black Candle - is also not favourable for a possible move up. Support at 4.06$.

Chart courtesy of stockcharts

BOOM shares were up more 12% and broke out today of a solid base.

Chart courtesy of stockcharts

GTW - Possible double bottom in action.

Chart courtesy of stockcharts

FSLR is another stock that is in a consolidation phase following a nice trend. Looks like it will move up again. Keep an eye for a possible breakout over 119.85$.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical example.

That's All. Have a nice weekend !!!

AC

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Thursday, July 26, 2007 

Thursday SELL-OFF

Chart courtesy of stockcharts

Bidu shares rocketed more than 14% to 209.06$ today, after Chinese search engine have reported strong results that surpassed Wall Street expectations. Bidu earned 141.9 million yuan, up from 58.5 million yuan in the year-earlier period, the company said. Looking at the daily chart, we can see that the buying pressure still strong, as are showing RSI, however stock failed to breakout in close previous the high at 215.61$. Let's see if tomorrow, stock will breakout this are to confirm intraday breakout. So for now Bulls are controlling the trend.

Chart courtesy of stockcharts

ANGO cleared a downtrend channel Wednesday confirmed by volume.

Chart courtesy of stockcharts

JDS Uniphase "JDSU" looks like it will hold this line as support. Watch for a possible breakdown.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening !!!

AC

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Wednesday, July 25, 2007 

Trade Ideas for Thursday - BOOM , CROX and AMAZON

Chart courtesy of stockcharts

Amazon shares shoot upwards to all time high, after reported strong earnings and a respectable outlook. Amazon said its second-quarter profit more than tripled thanks to strong sales of books, music and electronics worldwide. Well, I have to confess that this movement wasn’t a surprise for me, since the start of the year that Amazon shares still beating the performance of the market, and any good news coming to the market could pull the share price to new highs, and today was the confirmation of the movement - Bullish chart.

Chart courtesy of stockcharts

Keep an eye on BOOM shares for a possible breakout over 40.50$, to confirm intraday breakout at 40.94$.

Chart courtesy of stockcharts

Keep an eye on CROX for a possible breakout over 49.70$. I will be watching it closely.

Stock to watch tomorrow : AAPL and BIDU

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening !!!

AC

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Stocks on move this afternoon

Take a look at some stocks that are showing good and poor performance today:

Most actives : AMZN , MFST , RFMD , CSCO , INTC , AAPL

Gainers : DADE , AMZN , PVFC , LDSH , DEVC

Losers : GPCB , SKX , VSR , WVCM , TGEN

Buy / Sell Recommendations :

AMZN -
Amazon.com upgraded to "outperform" by Credit Suisse

QCOM - Qualcomm downgraded to "market perform" by Charter Equity Research

LRCX - Lam Research upgraded to "above average" by Caris & Company

Macro economic news reported today :

- Existing Home Sales for June fell to 5.75M versus estimates of 5.86M and 5.98M in May.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

See you later,

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New searching tool for small business

Google has launched a new searching tool for small business, the Custom Search Business Edition you can put a Google search box on your website - and let visitors access search results from any website or websites that you choose.

-You can increase conversion rates by helping visitors find the products they want.
- Improve usability and reduce support inquiries by allowing users to help themselves.
- (If your website already has a search engine:) Upgrade to a hosted service that leverages the speed and relevancy of Google search technology.

No hardware or software installations are required to use Custom Search Business Edition.

Source & Image:

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Tuesday, July 24, 2007 

AAPLE with a big drop

Chart courtesy of stockcharts

AAPLE shares were down more than 6% today to 134.89$ reacting to AT&T Inc.'s initial sales figures for the iPhone. Today's ample ranging day (134-141) associated to the negative divergence of MACD in coincidence with the relative high printed indicates that lower prices should be ahead. The stock should move down to retest lower supports 132$. Keep an eye on AAPL tomorrow for a possible breakdown of this support.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening !!!

AC

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50.000 HITS TODAY !!!!

I’m proud to announce you that AC Investor Blog reached 50000 visitors, a remarkable mark for me. A big thank you to all my readers who have now clocked up 50,000 hits on this Blog, a score that was achieved in the early hours of this morning! This is a big milestone, after only 19 months. During this Blog life, I have checked that my traffic came of many different countries. For example I've gotten hits from USA, Portugal, Singapore, Canada, Israel, Spain, Italy, Mexico, Bolivia, Brazil, Sweden, Dubai, UK, Japan, and recently from China too. I've always appreciated the traffic my site generates because at least it means what I write is interesting, whether you agree with what I say or not. I hope to get to 100,000 visitors soon, who knows!!!! I have only one remark to make; I would like to see more comments here. Thank you to all my readers who support this blog .

Any offers for the date it reaches 100,000?

AC Investor

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Monday, July 23, 2007 

Trade Ideas for tomorrow - Cysco Systems, Illumina and Forest Oil

Chart courtesy of stockcharts

Shares of Cysco Systems have been consistently trending higher over the last week with nice steps and plateaus in stock. Cysco finally breakout today the major resistance of 30$. Let's see if stock will confirm tomorrow this breakout.

Chart courtesy of stockcharts

ILMN shares shoud break this channel soon I think that it will be tomorrow, so pay atention for a possible breakout over 42.29$.

Chart courtesy of stockcharts

FST it seems to me that stock is ready to breakout this ascending triangle soon , so please keep an eye on FST for a possible breakout over 45$. MACD K line is on top of D line.


Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening !!!

AC

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Stock on move this afternoon

Take a look at some stocks that are showing good and poor performance today:

Most actives : OPSW , CSCO , SIRI , MSFT , AAPL

Gainers : GGBM , OPSW , CMLS , KUN , NVT

Losers : NCST , TIGS , LPNT , TRCR , WHT

Buy / Sell Recommendations :

AMZN -
Analysts at Soleil reiterate their "buy" rating on Amazon.com and price has been raised from $63 to $79.

IMAX - Imax upgraded by analysts at Merriman Curhan Ford from "neutral" to "buy".

FRX - Analysts at Pacific Growth Equities upgrade Forest Laboratories from "neutral" to "buy".

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

See you later,

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Free icons for Windows

Do you have a Windows? Do you want to change the Windows icons? I found a set of icons that was inspired by the world of nature, a set of icons titled “Animals”. Now we have no reason to buy expensive tickets to the zoo. Iconic animals are no worse than the real ones and come for free.

See more free icons on Turbo Milk

Animals Icons:
Source & Image:

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Stock to watch this morning - AAPL

Chart courtesy of stockcharts

The stock has been regaining energy over the last three weeks and is continuing to hit higher 52 week highs day by day. On Friday another one, AAPLE hit a new 52 week high of $144.18 per share, however shares fell slightly off of their highs by the end of the day to finish at $143.75. The trend is obvious UP !!

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

See you later, have a nice trading day !!!

AC

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Sunday, July 22, 2007 

Taser , Juniper Networks, First Solar , JDS Uniphase - Here are some trade Ideas for Monday


Chart courtesy of stockcharts

The latest chart and sentiment surrounding the stock appears to be hesitant due to the incredible performance of the stock recently. Investors should look for flat trading in the near-term with a possibility of testing lower prices before moving higher. A close below 105$ could be a bad sign for stock.

Chart courtesy of stockcharts

JDS Uniphase stock appears to be slightly overbought right now and may see some profit taking. Support 15$.

Chart courtesy of stockcharts

Since middle of March Juniper Networks has been one of the most amazing stock runs. It quickly moves from about $17 per share to a little over $30 per share in just few months. Stock is overbought right now and may be preparing a pause for a slightly Pull Back, I suppose.

Chart courtesy of stockcharts

Taser shares since May are making consistent steps upward. Indicators such as RSI and MACD still showing strong confidence and optimism in stock.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All for today, have a nice weekend !!!

AC

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Free Tube TV

Here is another cool information for MAC lovers. TubeTV is free software for Mac OS X, where you are available to search for, save, and convert Google Video and YouTube videos to a format suitable for playback on your favorite devices, like iPhone, Apple TV High quality video conversions using the H.264 codec are performed with QuickTime. Double clicking on a converted video file will open it in iTunes allowing easy library addition and syncing to your desired device.

Downloal: TubeTV
(Requirement)
QuickTime 7.1.5 or higher

Link & Image: chimoosoft

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Friday, July 20, 2007 

Stock on move this afternoon

Take a look at some stocks that are showing good and poor performance today:

Most actives : INTC , MSFT , ORCL , GOOG

Gainers : NCST , OAKF , ISRG , IHT , HIFN

Losers : GPCB , SPPI , AMTC , AMPX , BVF

Buy / Sell Recommendations :

CYBS - CyberSource Corporation downgraded from "market outperform" to "market perform" by JMP Securities.

ITT - ITT downgraded from "overweight" to "neutral" by JP Morgan.

ADSK - Autodesk downgraded from "buy" to "hold" by Citigroup.

EXC - Exelon Corporation downgraded from "buy" to "hold" by Citigroup.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

See you later,

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Funny Pictures From Sports to see over the weekend

Relax and smile !!!!

More pictures

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Thursday, July 19, 2007 

First Solar and TASER

Chart courtesy of stockcharts

First Solar is printing an up trend in the daily time frame up from 20$ ( share price of IPO ) one year ago to the present 111$. I have to say WOW an impressive move!! Looking at the chart, 119$ is now an important resistance and 105 a key support. The stock has initiated a correction with a short-term objective to the downside at 105$. There is risk associated to this stock is in the short side, because the long term trend is very strong. Keep FSLR in your watchlist for both scenarios that I have mentioned.

Chart courtesy of stockcharts

TASR breakout today for a new leg up !!! Shares were up nearly 10% to 17.41$.
Technically speaking based on above chart, stock show a continuation of the trend of last two months with MACD and RSI in the Bullish areas and going up. The momentum this last two months has been phenomenal on TASER shares, stock came from 8 to above 17$ in just a few days.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All for today, have a nice evening !!!

AC

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Wednesday, July 18, 2007 

Trade Ideas- ORB and INTC and top pick - JDAS

Chart courtesy of stockcharts

Intel shares are testing the previous resistance of the rising trendline, watch for a potential breakdown of this support below 25$.

Chart courtesy of stockcharts

Shares of ORBITAL SCIENCES rallied to all-time highs today after said quarterly profit rose 40 percent, helped by robust revenue and operating profit growth in its satellite and space systems segment. Impressive acceleration of the uptrend in the last days. Difficult to enter long position at these levels, I think !! Risk has to be strictly controlled with volatility so high.

Chart courtesy of stockcharts

JDAS - Potential to the upside, keep an eye tomorrow for a possible breakout over 20.28$.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all. Enjoy your evening !!!

AC

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Stock on move this afternoon

Take a look at some stocks that are showing good and poor performance today:

Most actives : INTC , MSFT , CSCO , SIRI

Gainers : SGLP , AETI , PILL , ALFA , ISPH

Losers : NFI , SATC , ITWO , ONT

Buy / Sell Recommendations :

INTC
- Analysts at Stifel Nicolaus reiterate their "buy" rating on Intel Corporation.

FTI - Analysts at Stifel Nicolaus reiterate their "buy" rating on FMC Technologies Inc raising the price target $101.

GBX - Analysts at Key Banc Capital Markets initiate coverage of Greenbrier Companies Inc with a "buy" rating.

USB - Analysts at Friedman Billings reiterate their "outperform" rating on US Bancorp.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

See you later,

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Monday, July 16, 2007 

Top picks for tomorrow - NTRI and CHTR

Chart courtesy of stockcharts

NTRI - Interesting technical chart situation with a good potential to the upside with a breakout of the rectangle in the figure. MACD signals a positive divergence during the formation and RSI still moving up. Keep this stock in your watchlist for a potential breakout over 74$.

Chart courtesy of stockcharts

CHTR- The Stock is moving within a rising channel and broke out today the major resistance at 4.54$. I continue to be quite positive on stock and today this movement confirmed the strong investor confidence on stock, RSI Indicator show this confidence, so I think the stock should keep going up.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening !!!

AC

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Saturday, July 14, 2007 

Top picks for next week - First Solar, LPHI, IBM, RIMM, AAPL ,VRSN

Chart courtesy of stockcharts

FSLR " First Solar " has printed an impressive impulse to the upside in the last weeks. In the intermediate and long term we should see higher prices, I suppose based on the chart above. In the short term, after the big gap ( on Monday ) and the continuation of the run, prices have initiated a consolidation phase in this week. Difficult to anticipate when and if a new up leg will begin. For a possible scenario to the downside, the first supports are between 110$ and 105$, but there is a possible for prices explode again to the upside, investors confident are extremelly high in this stock, so pay attention for these two possible scenarios under the table.

Chart courtesy of stockcharts

VeriSign shares " VRSN " have been in focus on Friday after Jefferies and Co. raised his rating to "Buy" from "Hold" on stock and their price target from $27 to $39. As seen by the chart, VeriSign broke out today a tremendous resistance at 33$, so now pullbacks in the stock should be valued as buying opportunities. Technically speaking based on above chart stock is trading in an extreme Overbought conditions and today movement may predict some profit taking soon. From a technical perspective stock is trading in a Bull Market with s 50 dma on top of 200 day moving average and going up. No resistance above and support is now at 33$ previous resistance area.

Chart courtesy of stockcharts

AAPL Blow up again !!! Looking at the chart above stock broke out 134$ mark, reaching during today session a new historic level of close at 137.73$. Stock is again in a breakout mode. Let's see if stock will sustain tomorrow this movement next week. Keep AAPL in your watchlist.

Chart courtesy of stockcharts

RIMM has closed at 227.52$ above the previous top of 215.47$ printed on 12 July. Stock broke out to new highs confirmed by the volume above average. The daily chart of Research in Motion suggests a strong confidence in stock, a clear uptrend momentum. Keep an eye on RIMM next week, it's in an extremelly Bullish mode.

Chart courtesy of stockcharts

LPHI- It seems the stock can breakout the 40$ previous top. Indicators are printing good signs in the chart, such as MACD.

Chart courtesy of stockcharts

IBM may be ready to breakout !!
Looking at the chart above stock has had a nice run over the past two months and may be ready now for a possible breakout over 109.66$. I'll be Bullish in this stock if breakout this area.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all. Enjoy your weekend !!!

AC

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Friday, July 13, 2007 

Top pick for today - SFLY

Chart courtesy of stockcharts

Shutterfly shares were up on Thursday more than 7% to 23.74$, reaching during the session a new 52 week high at 24.15$. Looking at the chart SFLY has had a nice run over the past two months and made a nice trend higher, shares have broken out today the major resistance at 23$. Indicators are now all in favor of Bulls with K line back above D line and MACD back above 0. From a technical perspective stock is trading in a Bull Market with s 50 dma on top of 200 day moving average, Bulls have now the control of stock. The way and trend is clear, UP !!!

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening !!!

AC

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Wednesday, July 11, 2007 

GTW recovering, MOT sideways, ADCT ready

Chart courtesy of stockcharts

After the recent low of shares associated to the positive divergence of MACD, Gateway has initiated a rebound. I believe the stock will move higher on this impulse to test the 1.77$ resistance area. I continue to be quite positive on this sector and on Gateway stock even at these levels.

Chart courtesy of stockcharts

Motorola - Sideways phase after sell-off that started on October of 2006. Keep an eye for a possible breakdown of the range, the bottom is at 17.20$.

Chart courtesy of stockcharts

ADCT is in a positive technical situation, is ready to breakout over 19.20$ soon, indicators are showing this possible scenario.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

Have a nice evening !!!

AC

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Tuesday, July 10, 2007 

ATVI shares gain in a bad day for overall markets

Chart courtesy of stockcharts

Shares of Activision were up today more than 4% to 19.17$ after said it expects fiscal first-quarter results to exceed expectations, thanks to strong sales of its video games such as "Spider-man 3" and "Guitar Hero". Shares have reacted very well to this news and stock have traded more than 15 millions shares moving up with a strong volume in a bad day for the markets, a good sign for Bulls. Looking at the daily chart, stock breakout off the descending triangle formed since May, giving a strong sign for Bulls, also MACD back again above 0 and RSI reached the Bullish area, so and according to these indicatoins stock should inveret the trend. 50 Daily moving average is now the big resistance for stock, so keep an eye tomorrow for a possible close above this line.

Chart courtesy of stockcharts

JOYG - Keep an eye tomorrow for a possible breakout of the ascending triangle over 61.99$.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

Have a nice evening !!!

AC

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ALCOA and HANS with a nice chart

Hello Everyone I'm back again from a small vacations in Palma of Maiorca just for relax my mind from the stress. Well, let's talk now about stocks.

Chart courtesy of stockcharts

Shares of Alcoa were up today more than 1% to 42.36$ with a high volume before the earnings report. At this moment stock is falling nearly 1% in the extended trading after reported that second-quarter profit slipped nearly 4 percent as outage costs at two smelters weighed down results. Looking at the daily chart stock is trading near of the highs of the year in a Bullish moment, so even with this reaction in after-hours I believe in a tecnical perspective and based in the chart above, that stock should continue this uptrend. Keep an eye on AA for a possible breakout above 42.90 or on the other hand for a breakdown below 39.48$ ( I don't believe in the second scenario ).

Chart courtesy of stockcharts

HANS - Keep an eye tomorrow for a possible breakout over 46.44$.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

Have a nice evening !!!

AC

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About Me

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  • I'm a 44 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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