AC Investor Blog: 09/01/2007

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Sunday, September 30, 2007

Trade Ideas for next week - Mastercard, GRMN, NNN, CROX and Google

Chart courtesy of stockcharts

GOOG setup nicely this week making a new 52 week high at $571.79, however at this level looks like it could go either way here depending on the markets mood, but with High Overbought conditions and some resistances to test previous high, we should see a pull back to support. Let's see which will be the next markets move. Overall GOOG still in long term uptrend.

Chart courtesy of stockcharts

Crocs stock has broken out to all time highs on Friday again. Looking at the chart above the stock is still in a very strong bull market with MACD on top of signal line and 50 day moving average on top of 200 day moving average.

Chart courtesy of stockcharts

National Retail Properties may be in a consolidation phase following a nice trend. Looks like it will move up again. Keep an eye for a possible breakout over $24.55.

Chart courtesy of stockcharts

GRMN - It has come down from a a new 52 week high at $122.78 on Friday, closing down more than 1%, so you should be careful buying here because we should correct a little bit, however stock still trading in a strong a Bull Market. Keep an eye on it.

Chart courtesy of stockcharts

Mastercard may be ready to breakout the donwtrend line !!
Looking at the chart stock has had a nice run over the past four weeks. I'll be Bullish in this stock if breakout $152, so keep an eye on MA.

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 weekend !!!

AC

Labels: CROX, Google, GRMN, Mastercard, NNN

10:57 | Permalink |

Thursday, September 27, 2007

WYNN fly like a Bird !!!!

Chart courtesy of stockcharts

Looking at the daily chart WYNN has been hitting higher highs and higher lows amongst strong RSI price points. In fact, the RSI is showing multiple points of overbought periods. The stock is has been on a bull market rally as K line has been on top of D line with stock trading above 50 day and 200 day moving average and MACD above 0. For the long term the stock should still continue to go up, however with this kind of Overbough conditions I prefer stay away for a better opportunity.

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 great evening !!!

AC

Labels: WYNN

22:11 | Permalink |

Trade Ideas for Thursday - CVS,NVDA,ADSK

Chart courtesy of stockcharts

CVS stock has broken out to all time highs during today session at $39.80, however in the final hour stock retracted closing below $39.37, previous high. Overall inidicators are still in Bullishs areas. Let's see if tomorrow stock will confirm intraday breakout. Support at : $38 and Resistance at :$39.37.

Chart courtesy of stockcharts

NVidia "NVDA" shares were up nearly 2.5% to a new 52 week high at $36.67, breaking out an important resistance at $36. StoCk is now in a breakout mode and the chart suggests a strong confidence in NVDA stock, no resistances above and RSI has more space to move up.

Chart courtesy of stockcharts

ADSK also hit a new 52 week high and held up very well within this uptrend channel. The uptrend channel marked by the white parallel lines defines the new uptrend started in August. Overall chart looks Bullish. Resistance : $50.55 and Support is at $48.50.

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

Labels: ADSK, NVDA

02:16 | Permalink |

Tuesday, September 25, 2007

YHOO something in the air ? AAPL Breakout !!!

Chart courtesy of stockcharts

AAPLE Breakout again !!!! Really Cool !!!!!! Shares closed the day gaining more than 3% to a new historic mark for stock at $153.18, near the highs of the day at $153.22. AAPL has been on one of the most amazing runs of this most recent bull market. Looking at the daily chart the investor sentiment in AAPL stock showed by RSI continues strong and MACD still going up. Stock still trading in a strong Bull Market with share price above 20 dma, 50 dma and 200 daily moving average. Following this technical chart it's predictable that tomorrow AAPL will reach to new highs.

Chart courtesy of stockcharts

There is something in the air, I suppose !! Chart don't lie !! Volume above average with a nice trend in just a few days, Huuuuummmmm. Well, looking at the chart YHOO looks really positive as 20 day moving average has just crossed on top of 50 day moving average, confirming the Bullish signal. In addition with MACD on top of 0 showing bull market and KD at high level the stock should kept going for now.

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

Labels: AAPL, YHOO

21:10 | Permalink |

Monday, September 24, 2007

VRSN- Ready to move, EMC - Breakout

Chart courtesy of stockcharts

Looking at the technical chart, stock show a continuation of the uptrend formed in August. The technical chart is still showing buy signal with stock trading above 50 day and 200 day moving averages, and with MACD on top of 0 and K line on top of D line. The momentum in the last two months has been great on Verisign, stock came from $28 to above 34$ and now maybe ready to move up again, with a possible break of the ascending traingle. So, keep an eye on VRSN for a possible breakout over $34.

Chart courtesy of stockcharts

Shares of EMC were up today more than 7% to $20.51 after it was upgraded to "outperform" by Bear Stearns and to "buy" by Citigroup due to the performance of virtualization subsidiary VMware. Stock has broken out a tight consolidation area today and made a new 52 week high during regular session, stock opened ways for new highs.

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 great evening !!!

AC

Labels: EMC, VRSN

22:49 | Permalink |

Saturday, September 22, 2007

Top picks for next week - Yahoo, Google, Bidu, Amazon

Chart courtesy of stockcharts

The hottest stock of the market right now is BIDU, look at the chart WOW just amazing. Stock breakout again on Friday to all time highs at $285.00. After the upgrade stock don't STOP!!! The stock is now in a Strong Bullish Market as chart show and with K line on top over D line we may should see the stock head to $300 mark soon.

Chart courtesy of stockcharts

YHOO made what it was suppose to do, as I have mentioned here several times. Now, may find some resistance to breakout this level, however it will be a short period of time, a break should occur very soon. Looking at the daily chart, stock has been on rally recently as K line has been rising above D line. Now that MACD is back above 0 and stock is above both 20 day and 50 day moving average we should see more upside coming. Resistance at $26.13

Chart courtesy of stockcharts

Google Inc.'s stock reached a new high Friday at $560.79, reflecting Wall Street's confidence in the Internet search leader as it introduces new ways for advertisers. Looking at the daily chart of Google, stock is showing tremenous strength with KD rising and MACD high above 0. In addition both 50 day and 200 day are both rising showing the stock would be in bull market for a while. I won't be surprised if a profit taking appear during next week, due to the Overbought conditions already reached.

Chart courtesy of stockcharts

AMZN shares have broken out to all time highs over this week, making consecutives new highs. Stock is in a tremendous Bullish moment, with all indicators showing strength to move up, its 50 day and 200 day moving average are going up while MACD is above 0 and K line is on top of D line. This is one of the best stock for a Bullish Market.

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 weekend !!!

AC

Labels: AMZN, BIDU, GOOG, YHOO

08:25 | Permalink |

Friday, September 21, 2007

Trade Ideas for Friday - JASO, YHOO,NVDA

Chart courtesy of stockcharts

JASO shares were up today more than 6% to $41.75 on a strong movement followed by an unsual volume that was 3x above average. The technical daily chart shows possibility of new rally as the stock bounced up after dropping back to 50 day moving average as both 50 day and 200 day moving averages are both pointing up. In addition MACD and signal line are still above 0 also showing buy signal. Keep an eye on JASO for a possible breakout over $43.87.

Chart courtesy of stockcharts

YHOO is in the process of consolidating the recent downtrend breakout. From the technical chart KD line shows positive signals as K line is rising on top over D line, and RSI continue moving up. Stock as a major resistance at $26.13. I suspect YHOO stock may continue to appreciate over the coming weeks.

Chart courtesy of stockcharts

NVDA is another strongly trending stock and may be finding support near the 20 dma at $. If the nasdaq makes a run, NVDA should breakout to new highs.

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

Labels: JASO, NVDA, YHOO

02:18 | Permalink |

Wednesday, September 19, 2007

Top picks for Wednesday NVDA, RMBS and ADBE

Chart courtesy of stockcharts

Shares of Adobe Systems Inc. jumped today more than 1.5% to $43.71 after company topped estimates for the fiscal third quarter and lifted its fourth-quarter sales outlook above Wall Street expectations. The daily chart above is printing a Bullish Pattern, with all indicators appointing for the same direction UP, however something curious happened today, stock have failed to breakout $44.94. Due to this fact and the high volume traded I'm cautions here, I prefer wait for the breakout, before make any investment now. Earnings are good; fundamentals are strong, so this up movement is something natural, not any kind of speculation. I prefer buy stocks with these kind fundamentals, than move in to a stock based on the speculation trend. The technical chart is showing bullish sign as the 50 day moving average has crossed above 200 day moving average over this month. Although MACD is showing some weakness as K line is very near to cross below D line, pay particular attention for this indicator if K cross below D line.

Chart courtesy of stockcharts

Shares of Nvidia were up today more than 8% to $35 with an unusual volume for stock, trading more 20 million of shares. Looks like NVDA will test previous highs again. Looking at the daily chart NVDA shows positive sign as the stock has been above 50 day moving average since mid April and has formed golden cross in the begin of June. Golden cross is when 50 day MA cross on top over 200 MA and is a very bullish buy signal. Stock has now a resistance at $36 and support $33.21.

Chart courtesy of stockcharts

Looking at the chart RMBS found a strong resistance at its 200 dma, so probably we can see here some profit taking after recent rally, from $12.05 to $19.

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

Labels: ADBE, NVDA, RMBS

01:22 | Permalink |

Monday, September 17, 2007

Trade Ideas for Tuesday - BIDU,AMZN,YHOO

Chart courtesy of stockcharts

Look at this !!!! BIDU shares jump UP 7% closing $252.89, but during the regular session stock hit a new all-time high at $253.48. This movement was a reflect of the upgrade give by an analyst at RBC Capital Markets that have increased his price target for the stock on expectations for a solid third quarter. In a note to clients Monday, RBC analyst Jordan Rohan raised his price target to $333 from $302 and reiterated his "Outperform" rating for the stock. Looking at the daily chart stock show a continuation of the trend with MACD and RSI in the Bullish areas, the stock is presently in a strong bull market with both 50 day and 200 day moving average going up, however in overbought conditions. Indicators are all in favor of Bulls with K line above D line and MACD back above 0. BIDU is the hottest stock of the market right now !!!!

Chart courtesy of stockcharts

AMZN shares can be ready to breakout over$89 soon. Keep an eye on stock !!!

Chart courtesy of stockcharts

YHOO confirmed today last week breakout, in a bad day for markets stock move up again. Look like Bulls are now controling stock, MACD back again above 0. My first target is now $26.

Labels: AMZN, BIDU, YHOO

21:15 | Permalink |

Sunday, September 16, 2007

Stocks in a strong Bullish movement - Yahoo, MCD,SIRI, XMSR, RIMM

Chart courtesy of stockcharts

RUMOURS on the street again !!!
Ebay or Microsoft, I’d like to know which you prefer and why ? Well, forget this question, but it's the commentaries on the floor and in overall forums, everybody talks for a possible takeover. Let's talk now about the daily chart above. Technically speaking after yesterday movement done with an unusual trading for the daily average of the week, stock closed the regular session for the first time since May above its 50 dma, giving us the first confirmed Bullish sign. However if you look closely at the chart, you'll see that the downtrend line has been broken, so guys I have to say "this baby will fly again", it's my opinion based in the chart.

Chart courtesy of stockcharts

RIMM has broken out to all time highs over this week. The chart looks really bullish.

Chart courtesy of stockcharts

This stock has been is on a remarkable run since April and it doesn’t look like the trend will change soon. Over this week broke out again the major resistance of $52.88. MCD looks to go higher here.

Chart courtesy of stockcharts

XMSR - Chart is printing a strong Bullish movement after broken the key area of $13.31. MACD back again above 0 which is a good signal for a long term, however in short term we may see a small pull back, due to the fact that RSI is trading in Overbought conditions.

Chart courtesy of stockcharts

SIRI - On the other hand Sirius is also living a strong momentum but now may find here some resistances to break level. $3.56 is a key resistance for stock however there is other important indicator that is weighting in stock - RSI is too high. Overall I'm Bullish, however more cautions. At these levels I prefer wait to see if this movement will continue.

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 weekend !!!

AC

Labels: MCD, RIMM, SIRI, XMSR, Yahoo

09:37 | Permalink |

Friday, September 14, 2007

Stocks in Focus early in the morning

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

Most actives : INTC , CFC , SIRI , XLF , YHOO , F , GM

Gainers : TARR , NFLD , AGIX , PESI , UWN

Losers : FAC, PRB , SPNS , NPLA , PZZI , LSCC

Unusual stock trading Volume : MPEL , EQIX , OMTR , SYNO , JRJC , YHOO , SNDK

Macro Economic news :

- Retail sales in the U.S. rose less than forecast in August. The Commerce Department reported that overall retail sales last month rose 0.3 percent. Economists had forecast a retail sales increase of 0.5 percent.

Buy / Sell Recommendations :

RIMM -Research in Motion upgraded byRBC target raised to $110 from $83.

FCE - Analyst Rich Moore of RBC Capital Markets downgrades Forest City Enterprises from "outperform" to "sector perform".

WSO - Watsco downgraded from "buy" to "hold" by analysts at Matrix Research.

ALMN - Illumina downgrade from "buy" to "hold" by analysts at Matrix Research .

CDW - CDW Corporation upgraded from "hold" to "buy" by analysts at Matrix Research.

More Downgrades : ROP, IMCL, FLR , VIP

More Upgrades : UTX, PALM, CLMS, GGC, TGI, BBEP

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

AC

Labels: Stocks

16:01 | Permalink |

Thursday, September 13, 2007

Trade Ideas for Friday - BIDU, Research in Motion, AMZN

Chart courtesy of stockcharts

BIDU has broken out again and made a new 52 week high at $234. 96 during regular session. Looking at the daily chartthe stock is in a strong bull market rally as MACD is on top of 0 line and K line is on top of D line. In addition the long term trend is also bullish as the stock is above 50 day and 200 day moving averages with both moving averages going up. RSI is near to reach Overbought conditions, so at this level buy with some cautions.

Chart courtesy of stockcharts

Research in Motion has broken out today and made a new 52 week high during regular session, however shares fell slightly off of their highs by the end of the day to finish at $85.74. Let's see tomorrow reaction after intraday breakout.

Chart courtesy of stockcharts

Keep an eye on AMZN shares for a possible breakout over $89. Chart looks Bullish with all ingredients to breakout soon.

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

Labels: AMZN, BIDU, Research in Motion

21:24 | Permalink |

Trade Ideas for Thursday - Electronic Arts, AAPLE, NTRI

Chart courtesy of stockcharts

Shares of Electronic Arts were down 1.46% to 53.31, however don't be alarmed, chart looks Bullish. The technical chart of Electronic Arts shows positive signs as the stock has been above 50 day moving average since mid of July and last week has formed golden cross. Golden cross is described when 50 day MA cross on top over 200 MA and is normally a very bullish buy signal. Chart also are showing a bullish sign given by MACD that it has been above 0 since mid July. So, keep an ERTS in your watchlist for a possible breakout over $55.

Chart courtesy of stockcharts

AAPL shares continues having a good support in its 20 and 50 dma. Be careful only if stock close below these lines.

Chart courtesy of stockcharts

NTRI - Stock may find resistance to breakout 200 dma. At this level, profit taking is likely.

Labels: AAPLE, Electronic Arts, NTRI

03:16 | Permalink |

Wednesday, September 12, 2007

Trade Ideas for Wednesday - GRMN , ARNA , SIRI , NOK

Chart courtesy of stockcharts

NOKIA - Looking at the daily chart the Bullish picture persists for now, overbought condtions, MACD Bullish, K line on top of D line, 50 dma and 200 dma going up. However according to the latest candle showed in the chart we may see some profit taking tomorrow, but I think only tomorrow, because this stock is really showing a strong investor confidence.

Chart courtesy of stockcharts

GRMN may be ready to breakout !!
Looking at the chart stock has had a nice run over the past few months and again stoped at the major resistance $108. I'll be Bullish in this stock if breakout this area.

Chart courtesy of stockcharts

ARNA have found support in its 20 dma after failed breakout. Bearish MACD crossover, so looks likle it will test its 200 dma support.

Chart courtesy of stockcharts

Shares of Sirius Satelite closed up nearly 5% to $3.31 breaking out major resistance of $3.28, and for the first time since the begin of the year above its 200 dma. I'm now Bullish on Sirius, resistance above is now at $3.56 and first support at $3.28.

Labels: ARNA, GRMN, Nokia, SIRI

02:33 | Permalink |

Tuesday, September 11, 2007

Solar power plane

Solar power can do extraordinary things. Why, we, human beings, don’t use more this wonderful energy coming from the sun? We should explore more the solar power, and creating more solutions. Read the following example. A lightweight solar-powered plane has smashed the official world record for the longest-duration unmanned flight. UK defence firm Qinetiq, which built the Zephyr unmanned aerial vehicle, said it flew for 54 hours during tests. The researchers believe it is the first time a solar-powered craft has flown under its own power through two nights. The Zephyr’s 54-hour endurance flight will not enter the record books because representatives from the world air sports federation - the FAI - were not notified about the secretive test.

-Lightweight plane (31kg/ 68lb) is launched by hand
-Flies autonomously and can climb to more than 18,000m (58,000ft)
-By day it flies on solar power and recharges batteries.
-By night it is powered by rechargeable lithium-sulphur batteries

Labels: Solar

21:30 | Permalink |

Monday, September 10, 2007

Top picks for Tuesday - JASO, AOB and HMSY

Chart courtesy of stockcharts

JASO - cleared a downtrend channel late August and is now in a new Bullish trend to test 52 week year high at $43.87. Technically speaking based on above chart, stock show a continuation of the new trend of last tree weeks with MACD and RSI in the Bullish areas and going up.

Chart courtesy of stockcharts

HMSY 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 $25.68.

Chart courtesy of stockcharts

AOB - Stock cleared the downtrend line on August as show the white line and now is moving in a new uptrend to test previous highs. However It seems to me that it will find some resistance to breakout above its 200 dma. A Pull Back to previous resistance area ( Now support at $9.55 ) should occur soon, also due to the Overbought conditions.

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

Labels: AOB, HMSY, JASO

23:57 | Permalink |

New green fuel revolution

Home electrolyser! What’s this? The basic idea is that the electrolyser will make hydrogen using energy available from wind, wave, solar or hydro-electric power and water. A UK company, ITM Power plc, has developed a mechanism which can generate hydrogen in the home to fuel central heating boilers and cookers while drastically cutting CO2 emissions. The hydrogen produced can be stored and then used as a conventional gas to burn in new or converted central heating boilers and as a fuel for cooking. ITM has “developed and patented new low cost materials which significantly outperform and undercut those currently being used by other firms involved in the production of electrolysers." Stored hydrogen can also be reconverted to electricity using domestic fuel cells or generators to power lighting or other electrical appliances, removing the inconvenience of power cuts for homes and serious supply interruptions for hospitals, schools and businesses.

Labels: technology

21:58 | Permalink |

Saturday, September 08, 2007

Trade Ideas for Monday - YHOO, NVDA,AEM

Chart courtesy of stockcharts

NVDA has been moving progressively higher and looks like it is pulling back to support after a recent breakout. It may be finding support at the rising 20 day simple moving average at $47.67.

Chart courtesy of stockcharts

AEM - Breakout on Thursday and still going up. It is looking like this is a very powerful move, followed by strong volume.

Chart courtesy of stockcharts

Over this week I changed my opinion on Yahoo from Bearish to Bullish. Looks like YAHOO is consolidating recent gains to runup again. MACD Bullish and RSI Neutral. Even with this negative sentiment in the market stock may find support at $23.38 ( 20 dma ). Important note : Yahoo Inc. President Susan Decker and Director Arthur Kern bought more than 65,000 shares of the Internet search company.

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 great weekend !!!

AC

Labels: AEM, NVDA, Yahoo

08:45 | Permalink |

AC Investor Blog

Seeking to provide independent day trading strategies based on Technical Analysis.

Sunday, September 30, 2007

Trade Ideas for next week - Mastercard, GRMN, NNN, CROX and Google

Thursday, September 27, 2007

WYNN fly like a Bird !!!!

Trade Ideas for Thursday - CVS,NVDA,ADSK

Tuesday, September 25, 2007

YHOO something in the air ? AAPL Breakout !!!

Monday, September 24, 2007

VRSN- Ready to move, EMC - Breakout

Saturday, September 22, 2007

Top picks for next week - Yahoo, Google, Bidu, Amazon

Friday, September 21, 2007

Trade Ideas for Friday - JASO, YHOO,NVDA

Wednesday, September 19, 2007

Top picks for Wednesday NVDA, RMBS and ADBE

Monday, September 17, 2007

Trade Ideas for Tuesday - BIDU,AMZN,YHOO

Sunday, September 16, 2007

Stocks in a strong Bullish movement - Yahoo, MCD,SIRI, XMSR, RIMM

Friday, September 14, 2007

Stocks in Focus early in the morning

Thursday, September 13, 2007

Trade Ideas for Friday - BIDU, Research in Motion, AMZN

Trade Ideas for Thursday - Electronic Arts, AAPLE, NTRI

Wednesday, September 12, 2007

Trade Ideas for Wednesday - GRMN , ARNA , SIRI , NOK

Tuesday, September 11, 2007

Solar power plane

Monday, September 10, 2007

Top picks for Tuesday - JASO, AOB and HMSY

New green fuel revolution

Saturday, September 08, 2007

Trade Ideas for Monday - YHOO, NVDA,AEM

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