AC Investor Blog: 06/01/2007

Stocks on the move this afternoon

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

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

Gainers : AII , CRYO , USEY, LTEC , PENX

Losers : CLWT , REST , NVH , DRIV , LSI

Buy / Sell Recommendations :

BRCM - Broadcom Corp was downgraded to neutral from buy Thursday by Pacific Growth Equities.

LSI - Analysts at Wedbush Morgan downgrade LSI Corporation from "hold" to "sell".

MBI - Analysts at Calyon upgrade Mbia from "neutral" to "buy".

SKYW - Analysts at JP Morgan downgrade SkyWest from "overweight" to "underweight".

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

See you later,

Labels: Stocks

19:30 | Permalink |

US Airways group near to break the base

Unfortunately my time is really short today, so I only post one chart to follow.

Chart courtesy of stockcharts

LCC it's seems to me that stock is ready to breakout this channel in the next sessions, so please keep an eye on LCC for a possible breakout over 30$.

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: LCC

18:36 | Permalink |

Vista Start Menu for Windows XP

ViStart brings you the Vista Start Menu for your Windows XP, by replacing your existing XP Start Menu. ViStart is Skin able that means you easily can make your own skins for ViStart because you can change everything in ViStart you can make buttons bigger or even smaller, the feature’s of customizing are unlimited . ViStart will give the Vista look to your Start menu but not only the Windows Vista look , check out Skins were you will find skins for ViStart created by others. Download for free ViStart

Source & Image:

lee-soft

Labels: technology

18:05 | Permalink |

DLB upgraded, NTRI breakdown , ABCO near

Chart courtesy of stockcharts

Shares of Dolby Laboratories “ DLB “ were up more than 4% to 34.16$ Tuesday after JPMorgan Securities upgraded Dolby Laboratories to "Overweight" from "Neutral. In a brief note analyst of JPMorgan said “as the entertainment experience becomes more sophisticated through a variety of technologies, Dolby will be one of the principal beneficiaries “. Looking at the daily chart, we can see that stock have initiated an important recovery on Monday, closing yesterday above 32$ mark, which bringing some investor confidence for Bulls. In addiction indicators improved and reached comfortable zones for a possible inversion of share price in long term, MACD is actually above 0 and RSI now above 50. Dolby Laboratories develops technology to make televisions, car stereos and video games sound better.

Chart courtesy of stockcharts

NTRI shares breakdown today an important base of support at 66 $, Next stop 50 dma at 63.11$.

Chart courtesy of stockcharts

Keep an eye on ABCO shares for a possible breakout over 55$, to confirm intraday breakout.

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: ABCO, DLB, NTRI

09:48 | Permalink |

Trade Ideas - GM andf APOL

Chart courtesy of stockcharts

General motors shares were up more than 2% to 36.25$ today after an upgrade from Goldman Sachs. Analyst Robert Barry upgraded General motors to "Buy" from "Neutral" and raised his price target to $42 from $29. Technically speaking based on chart above GM shares have touched and broken just for a few minutes above the major resistance at 36.67, however during the session and following the markets lost some strength closing the day at 36.25$ with a strong volume. Stock is trading in Overbought conditions, so I think that needs to stop and take some fresh air to break the resistance with a strong confidence. So, I suppose that it will take a short break here to move up again. GM has nice Bullish chart.

Chart courtesy of stockcharts

Keep an eye on APOL shares for a possible breakout over 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: APOL, GM

21:19 | Permalink |

Stocks on the move this afternoon

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

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

Gainers : PFA, HOKU , CORT , ECI , WSCI

Losers : PDY , VCF , VFL , IDMI , ESE , XRA

Buy / Sell Recommendations :

CLUB - Analysts at Credit Suisse downgrade Town Sports International from "outperform" to "neutral".

PSO - Analysts at Stifel Nicolaus & Company upgrade Pearson from "hold" to "buy".

AMGN - Analysts at Lehman Brothers downgrade Amgen from "overweight" to "equal weight".

CNK - Analysts at Soleil downgrade Cinemark Holdings from "buy" to "hold".

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

See you later,

Labels: Stocks

19:35 | Permalink |

Trade Ideas for Monday - APLX, CIEN, EMC, SBUX

Chart courtesy of stockcharts

Shares of Starbucks down again on Friday after company warned that a spike in dairy costs may hinder its ability to hit the high end of its fiscal 2007 earnings outlook. Following this warning, Friedman Billings Ramsey analyst Ashley R. Woodruff lowered her rating on the stock to "Market Perform" from "Outperform," expecting the stock price to remain stuck without improvement in same-store sales later this year. Looking at the daily chart, stock still printing a very bearish pattern. The decline in share price started in middle of November of 2006 after to have reached the 40$ mark, since that date the selling pressure increased dramatically pushing the stock over these months from 40$ to 28$ per share. On the begin of June stock breakdown the major support of 28$, and since that Bears have dominated the control of stock as are showing the indicators, MACD below 0 , RSI below 30 and CCI below -100, all of them in bearish territory. I In addiction 20/50/200 daily moving average are still going down. Due to the fact that stock is in extremely oversold conditions a bounce in stock will occur naturally soon. But I still away from this stock.

Chart courtesy of stockcharts

On the other hand, CIEN chart looks great, however Friday session in my opnion was only a small pull back after recent rallies. Thechnically chart looks Bullish, with both 50 dma 200 dma going up and MACD on top of 0. In addiction with K line back above D line we should see the stock continue to go up.

Chart courtesy of stockcharts

EMC with a Bullish chart. Uptrend still intact, keep an eye on EMC Monday for a possible breakout over 18.15$.

Chart courtesy of stockcharts

APLX may be ready to break !!

Looking at the chart stock has had a nice run over the past few months. Keep an eye on stock Monday for a possible breakout over 16.83$. 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. Have a nice Weekend !!!

AC

Labels: APLX, CIEN, EMC, SBUX

17:25 | Permalink |

Trade Ideas - DRIV , TVL , BPHX

Chart courtesy of stockcharts

Digital shares " DRIV " have been in focus today after analyst Ross MacMillan raised his rating to "Buy" from "Hold" on stock, saying the company benefited from the growth in broadband and Internet software downloads. However, he also lowered his price target on the stock to $55 from the previous price target 57$. In addition, analyst lowered his 2008 earnings outlook on the stock to $2.51 from $2.57. Over the past 52 weeks shares have traded between $37.90 to $60.99. Digital River is a company that develops technology that helps companies to sell products on the Internet. Looking at the technical chart stock yesterday tested the major resistance at 51.50$ but failed, so despiste latest rally in shares, I'm still cautions in the stock and only enter in the long side above the resistance. RSI are Neutral and MACD recovering. The main reason that put me some cautions in stock is related with 50 dma that already crossover 200 dma, so as I said before, long only above 51.50$, it's just opinion. Stock ended at 50.66$.

Chart courtesy of stockcharts

Keep an eye on TVL shares for a possible breakout over 20$.

Chart courtesy of stockcharts

Keep an eye on BPHX shares for a possible breakout over 10.50$.

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: BPHX, DRIV, TVL

20:12 | Permalink |

Stocks on the move this afternoon

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

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

Gainers : PFA, HOKU , CORT , ECI , WSCI

Losers : PDY , VCF , VFL , IDMI , ESE , XRA

Buy / Sell Recommendations :

NVDA - Lehman Brothers upgrade NVIDIA from "equal weight" to "overweight".

AMD - Stifel Nicoluas & Company upgrade Advanced Micro Devices from "hold" to "buy." The target price is set to $17.

PNRA - Matrix Research upgrade Panera Bread from "hold" to "buy."

COLY - CE Unterberg Towbin downgrade Coley Pharmaceutical Group from "buy" to "market perform."

AT - Lehman Brothers downgrade Alltel Corp from "overweight" to "equal weight".

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

See you later,

Labels: Stocks

19:46 | Permalink |

Hottest stock of the market FIRST SOLAR

Chart courtesy of stockcharts

ALERT : FLSR Breakout 80$ !!! Another sunny day................

Shares of FLSR were up 2% on Friday to 80.82$ and reaching during the session a new 52 week high at 81.88$. First Solar is one of the hottest stocks in the market right now. The recent IPO was at 20$ and stock is now above 80$, WOW Amazing movement !!! Technically speaking based on above chart, stock show a continuation of the trend with MACD and RSI in the Bullish areas, the stock is in a strong bull market with both 50 day and 200 day moving average going up, however in overbought conditions. The momentum this last two weeks has been phenomenal on First Solar, stock came from 61 to above 80$ in just a few days. I won't be surprise if FLSR reachs new highs tomorrow, because indicators are extremely Bullishs. Keep an eye on her.

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

Labels: FLSR

18:15 | Permalink |

BEAS uptrend intact, CPX ready to breakout ?

Chart courtesy of stockcharts

BEA Systems shares were up today more than 1.5% to 13.68$ even after UBS downgraded company to neutral from buy saying that expectations for a takeover or shareholder-inspired shake-up are already priced into the shares after little indication of improved execution from the company. Stock opened at 13.35 and rapidly have moved up closing just a few points of the highs of the day at 13.81$, printed a wonderful white candle for Bulls, due to this factor I'm sure that tomorrow will be another great day, when a stock don't fall after a downgrade, well it's a strong sign of strength. As seen by the chart above, the stock has been consistently trending higher with nice steps and in a clear uptrend channel.

Chart courtesy of stockcharts

CPX may be ready to breakout !!
Looking at the chart stock has had a nice run over the past two months. I'll be Bullish in this stock if breakout 27.75$, so keep an eye on CPX.

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: BEAS, CPX

21:08 | Permalink |

WDC Pull back , CVTX Breakout

Chart courtesy of stockcharts

Western Digital shares were down on Monday more than 4% or 0.81$ to 18.97$ after J.P. Morgan downgrade the stock to neutral from overweight. J.P. Morgan cited concerns about still-tenuous pricing dynamics in desktops and notebooks, increasing manufacturing parity and potential for a slowdown in Western Digital's notebook and retail revenue momentum. The technical chart shows that stock is trading in a Bullish Mode since the lows of April, after that stock initiated a rally from 16.50 to 20.25$ in just two months, gaining nearly 20% ( actual values ). Almost all indicators still continue in Bullish area, however the sentiment in stock has changed in the short term according to the CCI and RSI indicator, both are losing ground and CCI already crossed below 100 a sign of weakness. In my opinion stock initiated just a correction after recent rallies, anyway pay attention to 18.70$ ( 200 dma ) that is the major support for an eventual continuation of drop in share price.

Chart courtesy of stockcharts

Looking at the chart above stock broke out 11.50$. Indicators are all in favor of Bulls with K line back above D line and MACD back above 0. In addition stock is trading above 50 dma and 200 dma. Gap was finally filled.

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: CVTX, WDC

19:10 | Permalink |

Trade Ideas for Monday - INTC, GTW, MON, ADCT

Chart courtesy of stockcharts

Intel shares were up more than 4% on Friday closing at 24.24 after Goldman Sachs raised its rating to "buy" from "neutral". Looking at the chart Intel "INTC" has had a nice run over the past two months and made a nice trend higher. As seen by the chart, Intel breakout during this week a tremendous resistance at 23$, so now pullbacks in the stock should be valued as buying opportunities. I think stock should pullback to $23 ( resistance now becomes support ) per share before making the next move. From a technical perspective stock is trading in a Bull Market with s 50 dma on top of 200 day moving average. Keep an eye on INTC next week.

Chart courtesy of stockcharts

As I had posted here last week a possibility of a rumor in Gateway enter the Chinese market, now the rumor disappeared and became reality. According to the latest news from Gateway and available in financial sites, Gateway Confirms It Is Selling Computers in China " SAN FRANCISCO (AP) -- Gateway Inc. said Friday it has begun selling computers in China as part of a broader effort to increase its sales outside the United States. To enter the Chinese market, Irvine, Calif.-based Gateway said it has tapped China's largest electronics distributor, Digital China Holdings Ltd". Looking at the technical chart, It takes time to build a proper base, but it looks like GTW is close to breakout the downtrend channel as show the chart above, indicators have started to improve, so put this option in the table.

Chart courtesy of stockcharts

I like this chart. It is a bullish chart. MON broke out of an important consolidation area with excellent volume and will likely have the attention of the swing-traders in the next sessions.

Chart courtesy of stockcharts

Next week keep ADCT in your watch list, is close to break out over 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 weekend !!!

AC

Labels: ADCT, GTW, INTC, MON

08:22 | Permalink |

Stocks on the move this afternoon

Buy / Sell Recommendations :

INTC – Intel Goldman Sachs raised its rating to "buy" from "neutral".

BLC - Belo was upgraded from Hold to Buy at Citigroup.

LUV - Southwest Airlines was downgraded from Overweight to Underweight at Prudential.

MA - Mastercard was initiated with an Outperform rating at Bear Stearns.

NFLX - Netflix was downgraded from Outperform to Market Perform at Piper Jaffray.

STLD - Steel Dynamics downgraded at UBS to Neutral rating from Buy.

Macro economic news reported today :

- The Consumer Price Index for May is estimated to rise .6% versus a .4% gain in April.
- The CPI Ex Food & Energy for May is estimated to rise .2% versus a .2% gain in April.
- Empire Manufacturing for June is estimated to rise to 11.5 versus a reading of 8.0 in May.
- The 1Q Current Account Deficit is estimated to widen to -$201.0 billion versus -$195.8 billion in 4Q.
- The Preliminary Univ. of Mich. Consumer Confidence reading for June is estimated to fall to 87.9 versus 88.3 in May.

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

See you later,

Labels: Stocks

18:29 | Permalink |

Top picks - ILMN , LZ , AMSC

Chart courtesy of stockcharts

Illumina shares were up on Friday more than 2.9% or 1.12$ to 39.45$ on above-average volume after Matrix Investment Research upgraded Illumina to a "Strong Buy" from a "Sell" based on a re-evaluation of the stock's price, risk and valuation. Matrix based their upgrade on strong demand for genetic analysis equipment, already yesterday company said it has received more than 75 orders for its Genome Analyzer. Over the past 52 weeks shares have traded between $27.02 to $45.87. ILMN is actually the hottest stock of market. Technically speaking based on above chart stock is trading in an extreme Overbought conditions and today movement may predict some profit taking soon, due to this fact. However, actually stock is trading in a short Bullish Mode as the chart show, with share price above 50 dma and 200 dma. Resistance is now at 40$ and support at 36$.

Chart courtesy of stockcharts

The technical chart shows that stock broke out on Friday an important resistance at 18$. Indicators are all in favor of Bulls with K line above D line and MACD above 0. In addition stock is trading above 50 dma and 200 dma = Bullish Mode. Let's see if stock will sustain tomorrow this movement. Keep AMSC in your watchlist.

Chart courtesy of stockcharts

LZ stock has been doing well since the start of April, Yesterday broke out an important resistance at 68$ followed by volume, and test previous resistance now support, so keep LZ in your watchlist.

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: AMSC, ILMN, LZ

18:28 | Permalink |

BMY upgraded , DF downgraded

Chart courtesy of stockcharts

Shares of Bristol-Myers Squibb moved higher today more than 3% closing at 29.74$ after a Citigroup analyst upgraded the drug company's stock to "Buy" from "Hold", citing potential for improving profit and reiterated a $33 price target. This news had a huge impact on share price, looking at the technical chart this news brought a new investor confidence to the stock looking to RSI indicator that increased significantly their value and is now a little above 50 at neutral zone. MACD and CCI stop decline and are now moving up, so I suspect that stock will retest 30.50$ level again and perhaps break it !!!

Chart courtesy of stockcharts

On the other hand J.P. Morgan downgraded dairy food and beverages group Dean Foods Co. to neutral from overweight, citing a more cautious tone from management and concern about further cuts to earnings guidance. The impact of this news in share price was minimum stock rose 1% to 31.44$ , however the technical chart show a clear descending triangle with the major support at 31$, at this levels a bounce it's more than probably. Resistance 33$.

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: BMY, DF

21:10 | Permalink |

Stocks on the move this afternoon

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

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

Gainers : CSAR , GNBT , POTP , NGA , LMRA

Losers : SNTO , BRLC , HS , MNRK , SHLM , SNT

Macro economic news reported today :

- The Import Price Index for May rose .9% versus estimates of a .3% gain and a 1.4% increase in April.

- Advance Retail Sales for May rose 1.4% versus estimates of a .6% gain and a -.1% decline in April.

- Retail Sales Less Autos for May rose 1.3% versus estimates of a .7% increase and a .1% gain in April.

- Business Inventories for April rose .4% versus estimates of a .3% gain and unch. in March.

Buy / Sell Recommendations :

WAT - Lehman Brothers analyst maintains his "equal weight" rating on Waters Corp, while raising his estimates for the company and the target price from $60 to $64.

SHLM - A Schulman downgraded by analysts of KeyBanc Capital Markets from "buy" to "hold".

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

See you later,

Labels: Stocks

19:06 | Permalink |

Lehman Brothers Holdings and Ultrapetrol

Chart courtesy of stockcharts

Shares of Lehman Brothers Holdings were up just 0.38$ to 76.06$ after company said Tuesday robust stock and bond trading pushed second-quarter profit up 31 % year-over-year. For the three months ended May 31, profit after paying preferred dividends rose to $1.26 billion, or $2.21 per share, from $986 million, or $1.69 per share, a year earlier. Lehman shares have been in focus all day with nearly 14 Million shares traded. Looking at the daily chart stock has broke a key resistance as show the white line, and following today share price reaction ( black candle) probably it will test this support ( previous resistance ) area soon now at 74.76$. MACD and RSI are in territory Bullish without no signs of trouble for now, however CCI maybe a litlle extended.
It seems to me that stock will develop a new uptrend at this level, let's see.

Chart courtesy of stockcharts

ULTR 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 24$. 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. Have a nice evening !!!

AC

Labels: LEH, ULTR

21:38 | Permalink |

Stocks on the move this afternoon

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

Most actives : INTC , SUNW , AAPL, ORCL , QCOM

Gainers : RHA , GNBT , VSCP , HCTL , NGSX

Losers : BZI , ACUS , USU , TNCC , RVI

Buy / Sell Recommendations :

JDSU - Analysts upgrade JDS Uniphase from "market perform" to "outperform".

X - Analysts at Bear Stearns downgrade US Steel from "outperform" to "peer perform".

CKFR - Analysts at Matrix Research downgrade CheckFree from "buy" to "hold".

ECL - Analyst upgrades Ecolab from "neutral" to "outperform".

GNTX - Analysts upgrade Gentex Corporation from "hold" to "buy".

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

See you later,

Labels: Stocks

20:20 | Permalink |

NFLX and XPRT in review

Chart courtesy of stockcharts

Shares of Netflix were down on friday more than 6% to 21.93$ per share, after JP Morgan downgraded shares following reports that Apple could be launching a movie rental service through iTunes. Looking at the daily chart stock recently had a nice rally from 21$ to 25$ in just two days but pulled back immediately after that, it seems to me that was a clear false breakout of the channel, however we must wait more sessions to confirm this probability due to the fact that pull back was done with less volume than the ascending movement. Technically speaking, with stock below 50 dma and MACD signal approaching 0, the next few days will be critical and probabily stock will test the bottom of the channel. Resistance at 22.63$ and support at 21.30$.

Chart courtesy of stockcharts

Keep an eye on XPRT shares for a possible breakout over 15.33$.

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: NFLX, XPRT

10:40 | Permalink |

Some trade Ideas for Monday !!! GTW Rumor

Chart courtesy of stockcharts

RUMOR : Gateway To Enter China, Signs Agent
Well, during this afternoon I found an interesting article for Gateway shareholders. According to this website Pacific Epoch there are a rumor on the air " Rumor: Gateway To Enter China, Signs Agent ", so it's only a rumor, but for me it will be not a surprise if happen. This rumor could be a good tone for shares next week.

Chart courtesy of stockcharts

Shares of National Semicondutor breakout on Friday an important resistance a 28$ followed by strong volume, after company said on Thrusday that fourth-quarter sales fell 20 percent to $455.9 million. The stock is now in breakout mode and if this chart does what is supposed to do, it will be going higher in the sessions to come.

Chart courtesy of stockcharts

Shares of Pinnacle Airlines Corp. have been doing well since the start of May. Technically speaking at this level I suppose that stock will retest all time highs at 19.95$ soon, however we must wait for another close above 19$ with volume to give us more good indications. One more note, 20 dma already crossed 50 dma. Keep an eye on PCLN.

Chart courtesy of stockcharts

It takes time to build a proper base, but it looks like ELY is close to attempting another breakout over 18.95$.

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 great weekend !!!

AC

Labels: ELY, GTW, NSM, PNCL

19:20 | Permalink |

European maps by Yahoo

Yahoo with more 34 new countries, the service is being updated, now is possible to get driving directions between two addresses.

Link & Image: YahooMaps

Labels: technology

22:00 | Permalink |

Stocks on the move this afternoon

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

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

Gainers : LLNW , INFN , XWG , SCOX , HOTJ

Losers : END , FCSE , GRF , UPI , DEVC , SNTO

Buy / Sell Recommendations :

TLAB - Analysts downgrade Tellabs from "outperform" to "neutral".

VTR - Analysts downgrade Ventas from "buy" to "hold".

BHKM - Analysts downgrade Bookham Technology from "outperform" to "neutral".

DF - Analyst downgrade Dean Foods Company from "buy" to "hold," while reducing his estimates for the company.

GTW - Breakout Alert

Economic reports :

- The Trade Deficit for April shrank to -$58.5 billion versus estimates of -$63.5 billion and a downwardly revised -$62.4 billion in March.

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

See you later,

19:21 | Permalink |

Aaple shares reached my price target

Chart courtesy of stockcharts

Aaple shares reached today my price target of 125$ and it made again a new 52 week high at 127.61$ after received upgrades. Piper Jaffray analyst Gene Munster raised his price target for the stock to $160 from $140. Munster estimated the company will sell 45 million of the gadgets in 2009. 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 stcok is really showing a strong investor confidence.

Chart courtesy of stockcharts

Gateway started yesterday a recovery from the recent sell offs, and looking at the daily chart we can see a possible double bottom in stock. Keep an eye an Gateway for a possible breakout over 1.72$.

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, GTW

22:35 | Permalink |

YHOO under support

Chart courtesy of stockcharts

Shares of Yahoo were down nearly 2.80% today to 27.44$. Technically speaking, the selling continued today and every move up was rebuffed, stock is trading in a Bearish side and it finished the session under the major support at 27.37$. So, be careful for a possibility break down of this value, because next support is only at 25.25$ as show the chart. MACD and RSI both are in territory Bearish, however looks like it may get a bounce here as it is finding converging support. I'll be watching this one closely for a possible alert if break the support.

Chart courtesy of stockcharts

Keep an eye on AVCI shares tomorrow for a possible breakout over 9.7$.

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: AVCI, YHOO

00:54 | Permalink |

Stocks on the move this afternoon

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

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

Gainers : BIDZ , HDY , SHOE , DRJ , INO

Losers : TWER , XTLB , PNRA , ANGN , CESI

VLO - Company said it shut fluid catalytic cracking units for maintenance at refineries in Houston and Louisiana. The unit at the Houston plant will be shut for “approximately two weeks.” Gasoline production will drop by 40,000 barrels a day in Houston and 25,000 barrels a day at Krotz Springs during the maintenance period. A historical rash of refinery “problems” has been the driving force behind the recent surge in energy prices.

VLTR - Volterra Semiconductor announced it expects a loss and lowered it revenue forecast after it recalled products worth $2 million - $3 million.

AMTD - Td Ameritrade Hldg announced late Tuesday that hedge funds JANA Partners and S.A.C. Capital Advisors have revealed that they have an aggregate "economic interest" in about 8.4 percent of its shares and that they want the company to pursue a merger.

CACH - An analyst downgrades Cache from "buy" to "hold," while reducing his estimates for the company.

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

See you later,

Labels: Stocks

19:39 | Permalink |

PCAR shares ready to breakout !!!

Chart courtesy of stockcharts

Shares of Openwave were down nearly 16% today after the software maker's board rejected a partial tender offer from one of its largest shareholders. Shares of Openwave, which have traded between $5.91 and $14.85 over the last 52 weeks ended the session at 8.72$ . Looking at the daily chart the picture is now very different from yesterday, stock turned to negative sentiment with indicators dropping to Bearishs areas. Stock on today session has been supported by the 50 dma line, so pay attention to this support, below 50 dma it's bad for stock. Support at 8.45$ and Resistance now at 8.72$.

Chart courtesy of stockcharts

Keep an eye on PCAR shares tomorrow for a possible breakout over 89$.

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: OPWV, PCAR

07:05 | Permalink |

Stocks on the move this afternoon

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

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

Gainers : SCOX , GHM , ADK , STRN , WRSP

Losers : INO , TELK , OPWV , NASI , CACH

Economic reports :

- ISM Non-Manufacturing for May rose to 59.7 versus estimates of 55.8 and a reading of 56.0 in April.

Buy / Sell Recommendations :

OPWV - Analysts downgrade Openwave Systems from "neutral" to "sell".

DD - Analysts downgrade DuPont from "overweight" to "equal weight".

HAS - Analysts downgrade Hasbro from "neutral" to "underweight".

ELY - Analysts upgrade Callaway Golf from "strong sell" to "hold".

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

See you later,

Labels: Stocks

19:04 | Permalink |

AAPL near to reach my target at $125

Chart courtesy of stockcharts

Shares of AAPL were up more 2.47% or 2.93$ closing at 121.33$ after company said it will start selling its touchscreen iPhone on June 29. Stock traded nearly 31 million shares, has now a market cap. of $104 Billion dolars. Stock is very near to reach my previous price target at 125$. 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

Keep an eye on AMKR for a possible breakout over 14.70$. MACD turn to positive.

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, AMKR

22:55 | Permalink |

Stocks on the move this afternoon

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

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

Gainers : DRL , SNSTA , DIGE , AHD , LPHI

Losers : GNVC , TELK , TAGS , ADK , ANSW

PALM - Palm Inc. is selling a 25% stake to Elevation Partners, a private-equity firm, for $325 million.

GOOG - Google will broker advertising for the fashion and lifestyle sites of Glam Media Inc. and some of the more than 300 blogs and Web sites affiliated with the company.

HTV - - Hearst-Argyle Television will distribute news, weather and entertainment video to Google’s YouTube in exchange for part of the revenue from advertising sold against the clips.

AAPL - - Apple plans to start selling iPhone June 29

FLEX - Flextronics will buy Solectron Corp.(SLR) for $3.6 billion to narrow the sales gap with larger rival Hon Hai Precision Industry.

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

See you later,

Labels: Stocks

20:20 | Permalink |

Trade Ideas for next week !!!

Chart courtesy of stockcharts

CMGI breakout the ASCENDING TRIANGLE. The technical chart above show that the stock is now in a rally after breakout today a key resistance level 2.50$ , overall technical picture show stock still in Bull market trading above 50 day and 200 day moving average. For me It'll be not a surprise if we see at this level a short covering. Support is now the previous resistance area 2.50$.

Chart courtesy of stockcharts

Brocade Communications shares were down on Friday 8.17% or 0.75$ to 8.44$ after company reported a sharp decline in second-quarter earnings. Brocade Communications Systems reported break-even earnings per share, or income of $843,000, down from 5 cents per share, or income of $13.5 million, in the year-ago period. Looking at the daily chart we can see that stock still in a downtrend since March. On Friday for the first since August 2006 stock have closed below the 200 daily moving average with a strong volume, which mean a Bearish signal for stock. RSI shows a clear weakness in investor confidence, and MACD still below0. Stock very soon will probably visit 8.19 support area, according to the technical analyse based on the chart above.

Chart courtesy of stockcharts

Keep an eye on PKD shares next week for a possible breakout over 11.98$.

Chart courtesy of stockcharts

Keep an eye on AVT shares next week for a possible breakout over 43,71$.

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: AVT, BRCD, CMGI, PKD

10:37 | Permalink |

Stocks on the move this afternoon

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

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

Gainers : CKXE , FNLY , IDMI , APY , CTDC

Losers : DDSS , OMTL , PPHM , CRAI , KIRK

DELL - Company reported better-than-expected sales and profits after Thursday's close and announced it would cut its staff by 10 percent over the next 12 months.

HOV - Hovnanian Enterprises reported a quarterly loss and withdrew its guidance for upcoming periods Thursday evening, saying that the protracted slump in those sectors made it impossible to give new forecasts.

Today economic reports :

- Personal Income for April fell .1% versus estimates of a .3% gain and an upwardly revised .8% increase in March.

- Personal Spending for April rose .5% versus estimates of a .4% gain and an upwardly revised .4% increase in March.

- ISM Manufacturing for May rose to 55.0 versus estimates of 54.0 and a reading of 54.7 in April.

- The Change in Non-farm Payrolls for May was 157K versus estimates of 132K and 80K in April.

- The Final Univ. of Mich. Consumer Confidence reading for May rose to 88.3 versus estimates of 88.0 and a prior estimate of 88.7.

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

See you later,

Labels: Stocks

19:01 | Permalink |

AC Investor Blog

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

Thursday, June 28, 2007

Stocks on the move this afternoon

US Airways group near to break the base

Vista Start Menu for Windows XP

Wednesday, June 27, 2007

DLB upgraded, NTRI breakdown , ABCO near

Monday, June 25, 2007

Trade Ideas - GM andf APOL

Stocks on the move this afternoon

Saturday, June 23, 2007

Trade Ideas for Monday - APLX, CIEN, EMC, SBUX

Thursday, June 21, 2007

Trade Ideas - DRIV , TVL , BPHX

Stocks on the move this afternoon

Hottest stock of the market FIRST SOLAR

Tuesday, June 19, 2007

BEAS uptrend intact, CPX ready to breakout ?

WDC Pull back , CVTX Breakout

Saturday, June 16, 2007

Trade Ideas for Monday - INTC, GTW, MON, ADCT

Friday, June 15, 2007

Stocks on the move this afternoon

Top picks - ILMN , LZ , AMSC

Wednesday, June 13, 2007

BMY upgraded , DF downgraded

Stocks on the move this afternoon

Tuesday, June 12, 2007

Lehman Brothers Holdings and Ultrapetrol

Stocks on the move this afternoon

NFLX and XPRT in review

Monday, June 11, 2007

Some trade Ideas for Monday !!! GTW Rumor

Saturday, June 09, 2007

European maps by Yahoo

Friday, June 08, 2007

Stocks on the move this afternoon

Thursday, June 07, 2007

Aaple shares reached my price target

YHOO under support

Wednesday, June 06, 2007

Stocks on the move this afternoon

PCAR shares ready to breakout !!!

Tuesday, June 05, 2007

Stocks on the move this afternoon

Monday, June 04, 2007

AAPL near to reach my target at $125

Stocks on the move this afternoon

Sunday, June 03, 2007

Trade Ideas for next week !!!

Friday, June 01, 2007

Stocks on the move this afternoon

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